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
₽56352
₽67175
₽59105
₽78791
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
170 500
trade
-
-
-
19 686
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.

-
-
-
52 492
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.

-
-
-
6 686
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.

-
-
-
2 886
total
-
-
-
81 750
Employee

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

37 435
-
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.

1 046
-
52 492
-
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.

58
-
2 886
-
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.

6 686
-
6 686
-
total
7 790
-
62 064
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
133 065
170 500
-
-
income
19 959
25 575
-
-
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.

1 098
1 406
-
-
trade
20 958
26 853
-
-
chamber of commerce
340
394
-
-
total
42 355
54 228
-
-
Dividends
90 711
116 271
-
-
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.

1 228
1 579
-
-
withholding
22 307
28 696
-
-
total
23 535
30 275
-
-
Income
170 500
170 500
170 500
170 500
Total tax
73 680
84 503
62 064
81 750
After tax
96 820
85 997
108 436
88 750
Living cost
29 645
29 645
29 645
29 645
Free-cash
67 175
56 352
78 791
59 105

Estimated living cost  is ₽29645 per week

₽18648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3456
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53069
₽52183
₽47530
₽48867
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
municipal
-
-
-
18 573
national
-
-
-
28 781
pensions
-
-
-
20 460
social contributions
-
-
-
1 833
total
-
-
-
69 647
Employee
82 661
-
147 396
-
national
15 821
-
29 804
-
pensions
3 306
-
5 896
-
municipal
10 210
-
19 233
-
total
29 337
-
54 933
-
Employer
82 661
-
147 396
-
social contributions
889
-
1 585
-
pensions
6 613
-
11 792
-
total
7 502
-
13 377
-
Corporate
74 882
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%.

14 976
34 100
-
-
total
14 976
34 100
-
-
Dividends
59 906
136 400
-
-
withholding
13 179
30 008
-
-
total
13 179
30 008
-
-
Income
170 500
170 500
170 500
170 500
Total tax
64 994
64 108
68 310
69 647
After tax
105 506
106 392
102 190
100 853
Living cost
53 323
53 323
53 323
53 323
Free-cash
52 183
53 069
48 867
47 530

Estimated living cost  is ₽53323 per week

₽36243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽798
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116037
₽108010
₽38310
₽51054
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
30 850
surtax
-
-
-
43 478
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.

-
-
-
37 500
total
-
-
-
111 828
Employee
28 599
-
128 288
-
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.

3 146
-
12 830
-
income
5 091
-
25 441
-
surtax
-
-
18 601
-
total
8 237
-
56 872
-
Employer
28 599
-
128 288
-
social contributions

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

6 889
-
28 100
-
surtax
-
-
14 112
-
total
6 889
-
42 212
-
Corporate
135 012
170 500
-
-
income

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

27 002
34 101
-
-
total
27 002
34 101
-
-
Dividends

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

108 010
136 399
-
-
total
-
-
-
-
Income
170 500
170 500
170 500
170 500
Total tax
42 128
34 101
99 084
111 828
After tax
128 372
136 399
71 416
58 672
Living cost
20 362
20 362
20 362
20 362
Free-cash
108 010
116 037
51 054
38 310

Estimated living cost  is ₽20362 per week

₽12990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4970
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43384
₽37388
₽53262
₽65316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
income
-
-
-
52 701
health
-
-
-
12 069
pensions
-
-
-
11 467
total
-
-
-
76 237
Employee
83 580
83 580
152 311
-
pensions
15 044
11 467
11 467
-
income

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

13 681
13 681
22 458
-
health
12 829
10 912
12 069
-
total
41 554
36 060
45 994
-
Employer
83 580
83 580
152 311
-
health
5 810
5 810
7 219
-
pensions
5 817
5 817
7 231
-
unemployment
3 009
3 009
3 739
-
total
14 636
14 636
18 189
-
Corporate
73 310
72 284
-
-
income
14 662
14 457
-
-
total
14 662
14 457
-
-
Dividends
58 648
57 827
-
-
income
12 463
12 288
-
-
withholding
8 796
8 674
-
-
total
21 259
20 962
-
-
Income
170 500
170 500
170 500
170 500
Total tax
92 111
86 115
64 183
76 237
After tax
78 389
84 385
106 317
94 263
Living cost
41 001
41 001
41 001
41 001
Free-cash
37 388
43 384
65 316
53 262

Estimated living cost  is ₽41001 per week

₽29056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽652
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54084
₽53210
₽48647
₽47700
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
municipal
-
-
-
43 457
national
-
-
-
14 619
unemployment
-
-
-
86
accident
-
-
-
171
health
-
-
-
5 335
pensions
-
-
-
9 242
other
-
-
-
9 934
total
-
-
-
82 844
Employee
55 584
-
143 638
-
national
-
-
14 096
-
municipal
16 575
-
42 833
-
total
16 575
-
56 929
-
Employer
55 584
-
143 638
-
health
3 418
-
5 258
-
pensions
6 008
-
9 242
-
accident
111
-
171
-
other
6 459
-
9 934
-
unemployment
1 467
-
2 257
-
total
17 463
-
26 862
-
Corporate
97 452
170 500
-
-
income
21 439
37 510
-
-
total
21 439
37 510
-
-
Dividends
76 013
132 990
-
-
withholding
22 804
39 897
-
-
total
22 804
39 897
-
-
Income
170 500
170 500
170 500
170 500
Total tax
78 281
77 407
83 791
82 844
After tax
92 219
93 093
86 709
87 656
Living cost
39 009
39 009
39 009
39 009
Free-cash
53 210
54 084
47 700
48 647

Estimated living cost  is ₽39009 per week

₽25853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46669
₽60423
₽49424
₽69987
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
170 500
trade
-
-
-
20 563
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.

-
-
-
52 492
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.

-
-
-
6 686
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.

-
-
-
2 886
total
-
-
-
82 627
Employee

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

49 634
-
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.

4 264
-
52 492
-
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.

234
-
2 886
-
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.

6 686
-
6 686
-
total
11 184
-
62 064
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
120 866
170 500
-
-
income
18 129
25 575
-
-
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
1 406
-
-
trade
19 883
28 048
-
-
chamber of commerce
321
392
-
-
total
39 330
55 421
-
-
Dividends
81 536
115 079
-
-
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.

1 101
1 562
-
-
withholding
20 013
28 399
-
-
total
21 114
29 961
-
-
Income
170 500
170 500
170 500
170 500
Total tax
71 628
85 382
62 064
82 627
After tax
98 872
85 118
108 436
87 873
Living cost
38 449
38 449
38 449
38 449
Free-cash
60 423
46 669
69 987
49 424

Estimated living cost  is ₽38449 per week

₽25715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽92641
₽88583
₽84886
₽83380
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 685
health
-
-
-
4 348
social contributions
-
-
-
15 836
total
-
-
-
53 869
Employee
75 260
75 260
159 131
-
social contributions
3 657
6 246
8 425
-
income
7 903
6 967
32 875
-
health
749
1 280
2 706
-
total
12 309
14 493
44 006
-
Employer
75 260
75 260
159 131
-
social contributions
3 657
6 246
8 425
-
health
815
1 393
2 944
-
total
4 472
7 639
11 369
-
Corporate
121 974
87 601
-
-
income
15 247
10 951
-
-
total
15 247
10 951
-
-
Dividends
106 727
76 650
-
-
withholding
18 144
13 031
-
-
total
18 144
13 031
-
-
Income
170 500
170 500
170 500
170 500
Total tax
50 172
46 114
55 375
53 869
After tax
120 328
124 386
115 125
116 631
Living cost
31 745
31 745
31 745
31 745
Free-cash
88 583
92 641
83 380
84 886

Estimated living cost  is ₽31745 per week

₽21701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76589
₽76989
₽98890
₽79618
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
2 558
income
-
-
-
20 844
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.

27 748
11 043
142 678
-
pensions
2 775
1 104
14 268
-
unemployment
416
166
2 140
-
income
3 392
1 350
17 442
-
health
1 942
773
9 987
-
total
8 525
3 393
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.

27 748
11 043
142 678
-
pensions
5 411
2 153
27 822
-
total
5 411
2 153
27 822
-
Corporate
137 341
157 303
-
-
income
12 361
14 157
-
-
total
12 361
14 157
-
-
Dividends
124 980
143 146
-
-
social contributions
24 245
27 787
-
-
withholding
23 746
27 198
-
-
total
47 991
54 985
-
-
Income
170 500
170 500
170 500
170 500
Total tax
74 288
74 688
71 659
52 387
After tax
96 212
95 812
98 841
118 113
Living cost
19 223
19 223
19 223
19 223
Free-cash
76 989
76 589
79 618
98 890

Estimated living cost  is ₽19223 per week

₽13118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112759
₽106681
₽67747
₽74634
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 165
pensions
-
-
-
34 101
total
-
-
-
79 113
Employee
27 765
-
127 430
-
pensions
555
-
2 548
-
unemployment
444
-
2 039
-
income
3 126
-
24 569
-
total
4 125
-
29 156
-
Employer
27 765
-
127 430
-
health
3 609
-
16 566
-
pensions
5 553
-
25 484
-
unemployment
223
-
1 020
-
total
9 385
-
43 070
-
Corporate
133 350
170 500
-
-
income
26 669
34 101
-
-
total
26 669
34 101
-
-
Dividends
106 680
136 399
-
-
total
-
-
-
-
Income
170 500
170 500
170 500
170 500
Total tax
40 179
34 101
72 226
79 113
After tax
130 321
136 399
98 274
91 387
Living cost
23 640
23 640
23 640
23 640
Free-cash
106 681
112 759
74 634
67 747

Estimated living cost  is ₽23640 per week

₽16215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1408
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7440
₽10551
₽95303
₽71374
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
244
income
-
-
-
47 219
health
-
-
-
2 107
pensions
-
-
-
4 019
other
-
-
-
358
total
-
-
-
53 947
Employee
33 428
-
153 533
-
pensions
3 764
-
7 369
-
income
4 586
-
35 959
-
health
3 827
-
17 580
-
total
12 177
-
60 908
-
Employer
33 428
-
153 533
-
pensions
5 436
-
10 642
-
accident
558
-
2 564
-
unemployment
819
-
3 762
-
total
6 813
-
16 968
-
Corporate
130 259
170 500
-
-
income

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

117 234
153 450
-
-
total
117 234
153 450
-
-
Dividends
13 026
17 050
-
-
withholding
2 475
3 240
-
-
total
2 475
3 240
-
-
Income
170 500
170 500
170 500
170 500
Total tax
138 699
156 690
77 876
53 947
After tax
31 801
13 810
92 624
116 553
Living cost
21 250
21 250
21 250
21 250
Free-cash
10 551
-7 440
71 374
95 303

Estimated living cost  is ₽21250 per week

₽15575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153526
₽151942
₽160346
₽127951
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 561
-
170 500
-
income
2 112
-
34 100
-
total
2 112
-
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%.

159 939
170 500
-
-
total
-
-
-
-
Dividends
159 939
170 500
-
-
withholding
7 997
8 525
-
-
total
7 997
8 525
-
-
Income
170 500
170 500
170 500
170 500
Total tax
10 109
8 525
34 100
1 705
After tax
160 391
161 975
136 400
168 795
Living cost
8 449
8 449
8 449
8 449
Free-cash
151 942
153 526
127 951
160 346

Estimated living cost  is ₽8449 per week

₽5236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽232
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99187
₽92577
₽68934
₽70599
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 149
health
-
-
-
6 549
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.

-
-
-
35 720
other
-
-
-
7 069
total
-
-
-
75 487
Employee
35 537
-
136 182
-
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.

2 487
-
9 534
-
unemployment
355
-
1 361
-
income
6 118
-
26 703
-
health
498
-
1 906
-
total
9 458
-
39 504
-
Employer
35 537
-
136 182
-
health
498
-
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.

6 042
-
23 152
-
accident
284
-
1 090
-
other
1 777
-
6 809
-
unemployment
355
-
1 361
-
total
8 956
-
34 318
-
Corporate
126 007
170 500
-
-
income
26 461
35 806
-
-
total
26 461
35 806
-
-
Dividends
99 546
134 694
-
-
withholding
6 969
9 428
-
-
total
6 969
9 428
-
-
Income
170 500
170 500
170 500
170 500
Total tax
51 844
45 234
73 822
75 487
After tax
118 656
125 266
96 678
95 013
Living cost
26 079
26 079
26 079
26 079
Free-cash
92 577
99 187
70 599
68 934

Estimated living cost  is ₽26079 per week

₽18427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽420
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5472
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46149
₽48500
₽47520
₽32072
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 447
pensions
-
-
-
8 790
total
-
-
-
57 237
Employee
93 017
-
148 968
-
pensions
8 974
-
10 834
-
income
16 767
-
38 148
-
health
1 533
-
2 170
-
total
27 274
-
51 152
-
Employer
93 017
-
148 968
-
health
1 767
-
2 830
-
pensions
10 983
-
18 703
-
total
12 750
-
21 533
-
Corporate
64 734
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.

12 299
32 396
-
-
total
12 299
32 396
-
-
Dividends
52 435
138 104
-
-
withholding
3 934
26 212
-
-
total
3 934
26 212
-
-
Income
170 500
170 500
170 500
170 500
Total tax
56 257
58 608
72 685
57 237
After tax
114 243
111 892
97 815
113 263
Living cost
65 743
65 743
65 743
65 743
Free-cash
48 500
46 149
32 072
47 520

Estimated living cost  is ₽65743 per week

₽49263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽132798
₽128199
₽122712
₽129359
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
138
income
-
-
-
25 575
health
-
-
-
3 977
pensions

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

-
-
-
5 118
total
-
-
-
34 808
Employee
17 187
-
163 716
-
pensions

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

1 509
-
3 036
-
income
1 718
-
16 371
-
health
791
-
1 591
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
total
4 207
-
21 378
-
Employer
17 187
-
163 716
-
health
1 186
-
2 386
-
pensions

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

1 894
-
3 810
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
unemployment
103
-
207
-
total
3 372
-
6 783
-
Corporate
149 941
170 500
-
-
income
14 994
17 050
-
-
total
14 994
17 050
-
-
Dividends
134 947
153 450
-
-
withholding
6 748
7 673
-
-
total
6 748
7 673
-
-
Income
170 500
170 500
170 500
170 500
Total tax
29 321
24 723
28 161
34 808
After tax
141 179
145 777
142 339
135 692
Living cost
12 980
12 980
12 980
12 980
Free-cash
128 199
132 798
129 359
122 712

Estimated living cost  is ₽12980 per week

₽7578
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4131
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30113
₽32574
₽39991
₽52045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
income
-
-
-
52 701
health
-
-
-
12 069
pensions
-
-
-
11 467
total
-
-
-
76 237
Employee
90 741
83 580
152 311
-
pensions
11 467
11 467
11 467
-
income

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

13 681
13 681
22 458
-
health
11 320
10 912
12 069
-
total
36 468
36 060
45 994
-
Employer
90 741
83 580
152 311
-
health
6 306
5 810
7 219
-
pensions
6 315
5 817
7 231
-
unemployment
3 267
3 009
3 739
-
total
15 888
14 636
18 189
-
Corporate
63 871
72 284
-
-
income
12 775
14 457
-
-
total
12 775
14 457
-
-
Dividends
51 097
57 827
-
-
income
10 858
12 288
-
-
withholding
7 665
8 674
-
-
total
18 523
20 962
-
-
Income
170 500
170 500
170 500
170 500
Total tax
83 654
86 115
64 183
76 237
After tax
86 846
84 385
106 317
94 263
Living cost
54 272
54 272
54 272
54 272
Free-cash
32 574
30 113
52 045
39 991

Estimated living cost  is ₽54272 per week

₽40035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93093
₽84424
₽71347
₽63907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
income
-
-
-
16 878
health
-
-
-
23 017
social contributions
-
-
-
34 962
total
-
-
-
74 857
Employee
35 730
-
128 961
-
social contributions
2 322
-
7 783
-
income
4 288
-
15 565
-
solidarity contribution
-
-
-
-
health
4 824
-
17 410
-
total
11 434
-
40 758
-
Employer
35 730
-
128 961
-
social contributions
8 933
-
29 933
-
health
3 216
-
11 606
-
total
12 149
-
41 539
-
Corporate
122 622
170 500
-
-
income
23 298
32 395
-
-
total
23 298
32 395
-
-
Dividends
99 324
138 105
-
-
withholding
14 899
20 716
-
-
total
14 899
20 716
-
-
Income
170 500
170 500
170 500
170 500
Total tax
61 780
53 111
82 297
74 857
After tax
108 720
117 389
88 203
95 643
Living cost
24 296
24 296
24 296
24 296
Free-cash
84 424
93 093
63 907
71 347

Estimated living cost  is ₽24296 per week

₽16877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1728
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.
₽5214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49670
₽44559
₽40300
₽32597
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
municipal
-
-
-
1 012
national
-
-
-
42 026
regional
-
-
-
2 010
social contributions
-
-
-
43 853
total
-
-
-
88 901
Employee
86 984
-
170 500
-
national
15 072
-
36 433
-
social contributions
29 331
-
57 492
-
municipal
461
-
905
-
regional
821
-
1 774
-
total
45 685
-
96 604
-
Employer
86 984
-
170 500
-
total
-
-
-
-
Corporate
83 516
170 500
-
-
municipal
3 258
6 649
-
-
nationa
20 044
40 921
-
-
total
23 302
47 570
-
-
Dividends
60 214
122 930
-
-
withholding
15 655
31 961
-
-
total
15 655
31 961
-
-
Income
170 500
170 500
170 500
170 500
Total tax
84 642
79 531
96 604
88 901
After tax
85 858
90 969
73 896
81 599
Living cost
41 299
41 299
41 299
41 299
Free-cash
44 559
49 670
32 597
40 300

Estimated living cost  is ₽41299 per week

₽28789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85646
₽82602
₽59110
₽53129
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
223
income
-
-
-
46 952
health
-
-
-
9 274
surtax
-
-
-
7 219
pensions
-
-
-
26 125
other
-
-
-
-
total
-
-
-
89 793
Employee
32 366
-
143 004
-
pensions
2 158
-
8 713
-
unemployment
2 253
-
9 092
-
income
5 425
-
41 097
-
other
-
-
-
-
surtax
106
-
6 047
-
health
827
-
3 330
-
total
10 769
-
68 279
-
Employer
32 366
-
143 004
-
health
1 473
-
5 943
-
pensions
4 315
-
17 412
-
other
-
-
-
-
unemployment
1 025
-
4 140
-
total
6 813
-
27 495
-
Corporate
131 321
170 500
-
-
income
34 143
44 331
-
-
total
34 143
44 331
-
-
Dividends
97 178
126 169
-
-
withholding
14 576
18 926
-
-
total
14 576
18 926
-
-
Income
170 500
170 500
170 500
170 500
Total tax
66 301
63 257
95 774
89 793
After tax
104 199
107 243
74 726
80 707
Living cost
21 597
21 597
21 597
21 597
Free-cash
82 602
85 646
53 129
59 110

Estimated living cost  is ₽21597 per week

₽13206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66978
₽73475
₽68349
₽52901
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 447
pensions
-
-
-
8 790
total
-
-
-
57 237
Employee
62 338
-
148 968
-
pensions
5 291
-
10 834
-
income
11 227
-
38 148
-
health
905
-
2 170
-
total
17 423
-
51 152
-
Employer
62 338
-
148 968
-
health
1 184
-
2 830
-
pensions
6 748
-
18 703
-
total
7 932
-
21 533
-
Corporate
100 230
170 500
-
-
income

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

19 043
32 396
-
-
total
19 043
32 396
-
-
Dividends
81 188
138 104
-
-
withholding
7 713
26 212
-
-
total
7 713
26 212
-
-
Income
170 500
170 500
170 500
170 500
Total tax
52 111
58 608
72 685
57 237
After tax
118 389
111 892
97 815
113 263
Living cost
44 914
44 914
44 914
44 914
Free-cash
73 475
66 978
52 901
68 349

Estimated living cost  is ₽44914 per week

₽33649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7428
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1419
₽34172
₽61743
₽53786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 797
national
-
-
-
2 658
regional
-
-
-
8 277
health
-
-
-
383
pensions
-
-
-
15 686
other

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

-
-
-
3 411
total
-
-
-
32 212
Employee
89 578
-
152 608
-
national
424
-
2 014
-
city
961
-
1 640
-
pensions
7 526
-
12 818
-
unemployment
-
-
-
-
health
202
-
344
-
regional
2 933
-
7 140
-
total
12 046
-
23 956
-
Employer
89 578
-
152 608
-
health
202
-
344
-
pensions
7 526
-
12 818
-
other

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

1 791
-
3 051
-
unemployment
-
-
-
-
total
9 519
-
16 213
-
Corporate
70 418
170 500
-
-
national
5 986
14 493
-
-
regional
14 894
36 062
-
-
total
20 880
50 555
-
-
Dividends
49 538
119 945
-
-
withholding
17 338
41 981
-
-
total
17 338
41 981
-
-
Income
170 500
170 500
170 500
170 500
Total tax
59 783
92 536
40 169
32 212
After tax
110 717
77 964
130 331
138 288
Living cost
76 545
76 545
76 545
76 545
Free-cash
34 172
1 419
53 786
61 743

Estimated living cost  is ₽76545 per week

₽49776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽940
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18960
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽39409
₽55279
₽42163
₽63600
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
170 500
trade
-
-
-
21 437
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.

-
-
-
52 492
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.

-
-
-
6 686
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.

-
-
-
2 886
total
-
-
-
83 501
Employee

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

58 820
-
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.

6 917
-
52 492
-
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.

381
-
2 886
-
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.

6 686
-
6 686
-
total
13 984
-
62 064
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 680
170 500
-
-
income
16 751
25 575
-
-
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.

921
1 406
-
-
trade
19 153
29 240
-
-
chamber of commerce
306
388
-
-
total
37 131
56 609
-
-
Dividends
74 548
113 890
-
-
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.

1 005
1 545
-
-
withholding
18 265
28 101
-
-
total
19 270
29 646
-
-
Income
170 500
170 500
170 500
170 500
Total tax
70 385
86 255
62 064
83 501
After tax
100 115
84 245
108 436
86 999
Living cost
44 836
44 836
44 836
44 836
Free-cash
55 279
39 409
63 600
42 163

Estimated living cost  is ₽44836 per week

₽32747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3587
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.
₽7922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52446
₽58227
₽62626
₽60407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 511
health
-
-
-
7 149
surtax
-
-
-
-
pensions
-
-
-
30 583
other
-
-
-
5 286
social contributions
-
-
-
4 859
total
-
-
-
74 388
Employee
41 888
-
132 222
-
pensions
4 736
-
9 082
-
social contributions
1 194
-
3 769
-
income
2 472
-
25 478
-
surtax
-
-
-
-
total
8 402
-
38 329
-
Employer
41 888
-
132 222
-
social contributions
126
-
397
-
health
2 933
-
12 104
-
pensions
6 881
-
15 312
-
other
1 445
-
5 110
-
unemployment
1 696
-
5 355
-
total
13 081
-
38 278
-
Corporate
115 530
170 500
-
-
income
32 349
47 741
-
-
surtax
-
-
-
-
total
32 349
47 741
-
-
Dividends
83 181
122 759
-
-
social contributions
14 307
21 114
-
-
surtax
-
-
-
-
withholding
10 648
15 713
-
-
total
24 955
36 827
-
-
Income
170 500
170 500
170 500
170 500
Total tax
78 787
84 568
76 607
74 388
After tax
91 713
85 932
93 893
96 112
Living cost
33 486
33 486
33 486
33 486
Free-cash
58 227
52 446
60 407
62 626

Estimated living cost  is ₽33486 per week

₽21114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2723
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.
₽9081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55764
₽61203
₽65944
₽63725
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 511
health
-
-
-
7 149
surtax
-
-
-
-
pensions
-
-
-
30 583
other
-
-
-
5 286
social contributions
-
-
-
4 859
total
-
-
-
74 388
Employee
37 391
-
132 222
-
pensions
4 229
-
9 082
-
social contributions
1 066
-
3 769
-
income
1 928
-
25 478
-
surtax
-
-
-
-
total
7 223
-
38 329
-
Employer
37 391
-
132 222
-
social contributions
111
-
397
-
health
2 617
-
12 104
-
pensions
6 144
-
15 312
-
other
1 291
-
5 110
-
unemployment
1 514
-
5 355
-
total
11 677
-
38 278
-
Corporate
121 432
170 500
-
-
income
34 000
47 741
-
-
surtax
-
-
-
-
total
34 000
47 741
-
-
Dividends
87 431
122 759
-
-
social contributions
15 039
21 114
-
-
surtax
-
-
-
-
withholding
11 190
15 713
-
-
total
26 229
36 827
-
-
Income
170 500
170 500
170 500
170 500
Total tax
79 129
84 568
76 607
74 388
After tax
91 371
85 932
93 893
96 112
Living cost
30 168
30 168
30 168
30 168
Free-cash
61 203
55 764
63 725
65 944

Estimated living cost  is ₽30168 per week

₽17496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3065
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.
₽9036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83266
₽83775
₽88740
₽85279
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 902
social contributions
-
-
-
23 529
total
-
-
-
61 006
Employee
33 185
-
170 500
-
social contributions
4 580
-
23 529
-
income
5 535
-
29 036
-
health
2 316
-
11 902
-
total
12 431
-
64 467
-
Employer
33 185
-
170 500
-
total
-
-
-
-
Corporate
137 315
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%.

6 867
8 525
-
-
total
6 867
8 525
-
-
Dividends
130 449
161 975
-
-
social contributions
18 001
22 353
-
-
health
9 105
11 306
-
-
withholding
19 567
24 296
-
-
total
46 673
57 955
-
-
Income
170 500
170 500
170 500
170 500
Total tax
65 971
66 480
64 467
61 006
After tax
104 529
104 020
106 033
109 494
Living cost
20 754
20 754
20 754
20 754
Free-cash
83 775
83 266
85 279
88 740

Estimated living cost  is ₽20754 per week

₽13889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1280
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5106
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59868
₽58356
₽53016
₽10737
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
6 003
income
-
-
-
46 220
chamber of commerce
-
-
-
682
health
-
-
-
8 746
surtax
-
-
-
193
pensions
-
-
-
21 153
total
-
-
-
82 997
Employee
48 913
39 004
135 831
-
pensions
5 009
3 993
11 709
-
unemployment
1 467
1 170
3 430
-
income
5 568
2 877
36 872
-
other
488
390
1 144
-
health
1 893
1 510
4 424
-
total
14 425
9 940
57 579
-
Employer
48 913
39 004
135 831
-
chamber of commerce
195
156
544
-
health
1 848
1 475
4 322
-
payroll
1 467
1 170
4 075
-
pensions
6 138
4 896
14 350
-
surtax
193
193
193
-
accident
635
507
1 486
-
other
2 324
1 852
6 268
-
unemployment
1 467
1 170
3 430
-
total
14 267
11 419
34 668
-
Corporate
107 319
120 077
132 116
-
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.

26 829
30 020
33 029
-
total
26 829
30 020
33 029
-
Dividends
80 490
90 057
-
-
withholding
22 136
24 766
-
-
total
22 136
24 766
-
-
Income
170 500
170 500
170 500
170 500
Total tax
77 657
76 145
125 276
82 997
After tax
92 843
94 355
45 224
87 503
Living cost
34 487
34 487
34 487
34 487
Free-cash
58 356
59 868
10 737
53 016

Estimated living cost  is ₽34487 per week

₽23001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2942
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.
₽7977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59673
₽44993
₽38220
₽24454
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
63 426
communal

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

-
-
-
8 767
social contributions
-
-
-
24 401
total
-
-
-
96 594
Employee

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

70 009
-
132 055
-
national
21 524
-
47 774
-
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.

5 251
-
9 903
-
communal

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

3 652
-
6 887
-
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.

609
-
1 150
-
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.

3 289
-
6 207
-
total
34 325
-
71 921
-
Employer

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

70 009
-
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.

4 305
-
8 122
-
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.

6 203
-
11 699
-
surtax
7 938
-
14 974
-
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.

910
-
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.

1 022
-
1 928
-
total
20 378
-
38 439
-
Corporate
80 112
170 500
-
-
income
16 023
34 101
-
-
surtax
321
682
-
-
total
16 344
34 783
-
-
Dividends
63 767
135 718
-
-
withholding

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

18 774
40 358
-
-
total
18 774
40 358
-
-
Income
170 500
170 500
170 500
170 500
Total tax
89 821
75 141
110 360
96 594
After tax
80 679
95 359
60 140
73 906
Living cost
35 686
35 686
35 686
35 686
Free-cash
44 993
59 673
24 454
38 220

Estimated living cost  is ₽35686 per week

₽22986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9021
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78326
₽71572
₽60361
₽56255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
635
accident
-
-
-
817
income
-
-
-
47 578
pensions
-
-
-
25 672
other
-
-
-
91
total
-
-
-
74 793
Employee
48 719
-
141 579
-
pensions
2 290
-
4 264
-
unemployment
756
-
1 406
-
income
10 279
-
44 218
-
other
48
-
91
-
total
13 373
-
49 979
-
Employer
48 719
-
141 579
-
pensions
11 497
-
21 409
-
accident
964
-
1 796
-
other
388
-
726
-
unemployment
2 680
-
4 989
-
total
15 529
-
28 920
-
Corporate
106 252
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.

15 938
25 575
-
-
total
15 938
25 575
-
-
Dividends
90 314
144 925
-
-
withholding
18 742
31 253
-
-
total
18 742
31 253
-
-
Income
170 500
170 500
170 500
170 500
Total tax
63 582
56 828
78 899
74 793
After tax
106 918
113 672
91 601
95 707
Living cost
35 346
35 346
35 346
35 346
Free-cash
71 572
78 326
56 255
60 361

Estimated living cost  is ₽35346 per week

₽26029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
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.
₽6300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46673
₽34263
₽31321
₽38120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 438
income
-
-
-
27 789
communal
-
-
-
10 776
health
-
-
-
11 980
surtax
-
-
-
8 453
pensions
-
-
-
25 555
total
-
-
-
85 991
Employee
74 119
-
152 300
-
pensions
5 929
-
12 184
-
income
7 159
-
32 698
-
surtax
4 543
-
9 333
-
health
3 299
-
6 777
-
total
20 930
-
60 992
-
Employer
74 119
-
152 300
-
health
2 260
-
4 645
-
pensions
5 929
-
12 184
-
accident
667
-
1 371
-
total
8 856
-
18 200
-
Corporate
87 525
170 500
-
-
income
13 129
25 575
-
-
surtax
919
1 790
-
-
communal
5 908
11 508
-
-
total
19 956
38 873
-
-
Dividends
67 568
131 626
-
-
income
23 172
12 023
-
-
withholding
10 135
19 743
-
-
total
33 307
31 766
-
-
Income
170 500
170 500
170 500
170 500
Total tax
83 049
70 639
79 192
85 991
After tax
87 451
99 861
91 308
84 509
Living cost
53 188
53 188
53 188
53 188
Free-cash
34 263
46 673
38 120
31 321

Estimated living cost  is ₽53188 per week

₽39899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85260
₽82149
₽58724
₽52743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
223
income
-
-
-
46 952
health
-
-
-
9 274
surtax
-
-
-
7 219
pensions
-
-
-
26 125
other
-
-
-
-
total
-
-
-
89 793
Employee
32 960
-
143 004
-
pensions
2 199
-
8 713
-
unemployment
2 294
-
9 092
-
income
5 526
-
41 097
-
other
-
-
-
-
surtax
117
-
6 047
-
health
841
-
3 330
-
total
10 977
-
68 279
-
Employer
32 960
-
143 004
-
health
1 499
-
5 943
-
pensions
4 394
-
17 412
-
other
-
-
-
-
unemployment
1 046
-
4 140
-
total
6 939
-
27 495
-
Corporate
130 601
170 500
-
-
income
33 956
44 331
-
-
total
33 956
44 331
-
-
Dividends
96 645
126 169
-
-
withholding
14 496
18 926
-
-
total
14 496
18 926
-
-
Income
170 500
170 500
170 500
170 500
Total tax
66 368
63 257
95 774
89 793
After tax
104 132
107 243
74 726
80 707
Living cost
21 983
21 983
21 983
21 983
Free-cash
82 149
85 260
52 743
58 724

Estimated living cost  is ₽21983 per week

₽13273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6291
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63254
₽61080
₽54673
₽47010
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
municipal
-
-
-
1 012
national
-
-
-
42 026
regional
-
-
-
2 571
social contributions
-
-
-
43 853
total
-
-
-
89 462
Employee
54 292
-
170 500
-
national
8 601
-
36 433
-
social contributions
18 308
-
57 492
-
municipal
288
-
905
-
regional
731
-
2 295
-
total
27 928
-
97 125
-
Employer
54 292
-
170 500
-
total
-
-
-
-
Corporate
116 208
170 500
-
-
municipal
5 776
8 473
-
-
nationa
27 890
40 921
-
-
total
33 666
49 394
-
-
Dividends
82 542
121 106
-
-
withholding
21 461
31 487
-
-
total
21 461
31 487
-
-
Income
170 500
170 500
170 500
170 500
Total tax
83 055
80 881
97 125
89 462
After tax
87 445
89 619
73 375
81 038
Living cost
26 365
26 365
26 365
26 365
Free-cash
61 080
63 254
47 010
54 673

Estimated living cost  is ₽26365 per week

₽16397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2671
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87449
₽76769
₽65703
₽58263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
income
-
-
-
16 878
health
-
-
-
23 017
social contributions
-
-
-
34 962
total
-
-
-
74 857
Employee
44 029
-
128 961
-
social contributions
2 862
-
7 783
-
income
5 283
-
15 565
-
solidarity contribution
-
-
-
-
health
5 944
-
17 410
-
total
14 089
-
40 758
-
Employer
44 029
-
128 961
-
social contributions
11 007
-
29 933
-
health
3 963
-
11 606
-
total
14 970
-
41 539
-
Corporate
111 502
170 500
-
-
income
21 185
32 395
-
-
total
21 185
32 395
-
-
Dividends
90 316
138 105
-
-
withholding
13 547
20 716
-
-
total
13 547
20 716
-
-
Income
170 500
170 500
170 500
170 500
Total tax
63 791
53 111
82 297
74 857
After tax
106 709
117 389
88 203
95 643
Living cost
29 940
29 940
29 940
29 940
Free-cash
76 769
87 449
58 263
65 703

Estimated living cost  is ₽29940 per week

₽22265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63236
₽62752
₽56471
₽14046
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
6 003
income
-
-
-
46 220
chamber of commerce
-
-
-
682
health
-
-
-
8 746
surtax
-
-
-
-
pensions
-
-
-
21 153
total
-
-
-
82 804
Employee
42 783
39 004
136 011
-
pensions
4 381
3 993
11 709
-
unemployment
1 283
1 170
3 430
-
income
3 811
2 877
36 959
-
other
427
390
1 144
-
health
1 655
1 510
4 424
-
total
11 557
9 940
57 666
-
Employer
42 783
39 004
136 011
-
chamber of commerce
171
156
544
-
health
1 618
1 475
4 322
-
payroll
1 283
1 170
4 081
-
pensions
5 370
4 896
14 350
-
surtax
-
-
-
-
accident
555
507
1 486
-
other
2 032
1 852
6 276
-
unemployment
1 283
1 170
3 430
-
total
12 312
11 226
34 489
-
Corporate
115 404
120 270
132 297
-
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.

28 852
30 068
33 074
-
total
28 852
30 068
33 074
-
Dividends
86 553
90 202
-
-
withholding
23 802
24 805
-
-
total
23 802
24 805
-
-
Income
170 500
170 500
170 500
170 500
Total tax
76 523
76 039
125 229
82 804
After tax
93 977
94 461
45 271
87 696
Living cost
31 225
31 225
31 225
31 225
Free-cash
62 752
63 236
14 046
56 471

Estimated living cost  is ₽31225 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3189
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽148808
₽146339
₽155628
₽123233
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 459
-
170 500
-
income
3 292
-
34 100
-
total
3 292
-
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%.

154 041
170 500
-
-
total
-
-
-
-
Dividends
154 041
170 500
-
-
withholding
7 702
8 525
-
-
total
7 702
8 525
-
-
Income
170 500
170 500
170 500
170 500
Total tax
10 994
8 525
34 100
1 705
After tax
159 506
161 975
136 400
168 795
Living cost
13 167
13 167
13 167
13 167
Free-cash
146 339
148 808
123 233
155 628

Estimated living cost  is ₽13167 per week

₽8910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91137
₽82950
₽57118
₽52602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
256
income
-
-
-
38 959
health
-
-
-
16 777
pensions
-
-
-
31 138
total
-
-
-
87 130
Employee

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

43 280
-
147 529
-
pensions
6 709
-
22 867
-
unemployment
61
-
206
-
income
7 464
-
36 072
-
health
2 795
-
9 530
-
total
17 029
-
68 675
-
Employer

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

43 280
-
147 529
-
health
2 883
-
9 825
-
pensions
3 830
-
13 057
-
unemployment
26
-
89
-
total
6 739
-
22 971
-
Corporate
120 482
170 500
-
-
income
22 892
32 396
-
-
total
22 892
32 396
-
-
Dividends
97 590
138 104
-
-
withholding
14 638
20 715
-
-
total
14 638
20 715
-
-
Income
170 500
170 500
170 500
170 500
Total tax
61 298
53 111
91 646
87 130
After tax
109 202
117 389
78 854
83 370
Living cost
26 252
26 252
26 252
26 252
Free-cash
82 950
91 137
52 602
57 118

Estimated living cost  is ₽26252 per week

₽18016
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1683
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.
₽6046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57778
₽7120
₽71875
₽110535
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
65 891
-
-
-
social contributions
5 403
-
770
-
income
14 534
-
-
-
total
19 937
-
770
-
Employer
65 891
-
-
-
social contributions
92 906
-
13 241
-
total
92 906
-
13 241
-
Corporate
11 703
170 500
-
-
income
2 575
37 510
-
-
total
2 575
37 510
-
-
Dividends
9 128
132 990
-
-
income
2 008
29 258
-
-
total
2 008
29 258
-
-
Income
170 500
170 500
170 500
170 500
Total tax
117 426
66 768
14 011
52 671
After tax
53 074
103 732
156 489
117 829
Living cost
45 953
45 953
45 953
45 953
Free-cash
7 120
57 778
110 535
71 875

Estimated living cost  is ₽45953 per week

₽29816
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66279
₽65295
₽60732
₽47806
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 819
surtax
-
-
-
-
social contributions

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

-
-
-
59 249
total
-
-
-
79 068
Employee
45 014
-
137 778
-
social contributions
4 952
-
15 156
-
income
9 363
-
44 116
-
surtax
-
-
-
-
total
14 315
-
59 272
-
Employer
45 014
-
137 778
-
social contributions
10 691
-
32 722
-
total
10 691
-
32 722
-
Corporate
114 795
170 500
-
-
income
24 106
35 806
-
-
surtax
-
-
-
-
total
24 106
35 806
-
-
Dividends
90 689
134 694
-
-
withholding
25 393
37 715
-
-
total
25 393
37 715
-
-
Income
170 500
170 500
170 500
170 500
Total tax
74 505
73 521
91 994
79 068
After tax
95 995
96 979
78 506
91 432
Living cost
30 700
30 700
30 700
30 700
Free-cash
65 295
66 279
47 806
60 732

Estimated living cost  is ₽30700 per week

₽22970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1811
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.
₽5407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38660
₽45388
₽48840
₽46621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 511
health
-
-
-
7 149
surtax
-
-
-
-
pensions
-
-
-
30 583
other
-
-
-
5 286
social contributions
-
-
-
4 859
total
-
-
-
74 388
Employee
61 300
-
132 222
-
pensions
6 933
-
9 082
-
social contributions
1 746
-
3 769
-
income
5 349
-
25 478
-
surtax
-
-
-
-
total
14 028
-
38 329
-
Employer
61 300
-
132 222
-
social contributions
184
-
397
-
health
4 290
-
12 104
-
pensions
10 072
-
15 312
-
other
2 116
-
5 110
-
unemployment
2 483
-
5 355
-
total
19 145
-
38 278
-
Corporate
90 055
170 500
-
-
income
25 215
47 741
-
-
surtax
-
-
-
-
total
25 215
47 741
-
-
Dividends
64 839
122 759
-
-
social contributions
11 153
21 114
-
-
surtax
-
-
-
-
withholding
8 299
15 713
-
-
total
19 452
36 827
-
-
Income
170 500
170 500
170 500
170 500
Total tax
77 840
84 568
76 607
74 388
After tax
92 660
85 932
93 893
96 112
Living cost
47 272
47 272
47 272
47 272
Free-cash
45 388
38 660
46 621
48 840

Estimated living cost  is ₽47272 per week

₽31993
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽648
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124030
₽120742
₽96214
₽100747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 355
social contributions
-
-
-
37 511
total
-
-
-
44 866
Employee
31 465
-
147 618
-
social contributions
2 045
-
9 595
-
income
-
-
7 858
-
total
2 045
-
17 453
-
Employer
31 465
-
147 618
-
social contributions
4 877
-
22 880
-
total
4 877
-
22 880
-
Corporate
134 157
170 500
-
-
income
13 416
17 050
-
-
total
13 416
17 050
-
-
Dividends
120 742
153 450
-
-
total
-
-
-
-
Income
170 500
170 500
170 500
170 500
Total tax
20 338
17 050
40 333
44 866
After tax
150 162
153 450
130 167
125 634
Living cost
29 420
29 420
29 420
29 420
Free-cash
120 742
124 030
100 747
96 214

Estimated living cost  is ₽29420 per week

₽19023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2218
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42337
-₽42337
₽53602
-₽42337
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
municipal
-
-
-
35 469
national
-
-
-
19 964
labour market
-
-
-
13 572
pensions
-
-
-
847
total
-
-
-
69 852
Employee
198 569
198 569
198 569
-
national
24 259
24 259
24 259
-
pensions
282
282
282
-
municipal
42 284
42 284
42 284
-
labour market
15 863
15 863
15 863
-
total
82 688
82 688
82 688
-
Employer
198 569
198 569
198 569
-
municipal
42 351
42 351
42 351
-
labour market
15 886
15 886
15 886
-
national
24 301
24 301
24 301
-
pensions
565
565
565
-
total
83 103
83 103
83 103
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
170 500
170 500
170 500
170 500
Total tax
165 791
165 791
165 791
69 852
After tax
4 709
4 709
4 709
100 648
Living cost
47 046
47 046
47 046
47 046
Free-cash
-42 337
-42 337
-42 337
53 602

Estimated living cost  is ₽47046 per week

₽32199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽724
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7127
₽10600
₽95616
₽71687
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
244
income
-
-
-
47 219
health
-
-
-
2 107
pensions
-
-
-
4 019
other
-
-
-
358
total
-
-
-
53 947
Employee
32 935
-
153 533
-
pensions
3 709
-
7 369
-
income
4 518
-
35 959
-
health
3 771
-
17 580
-
total
11 998
-
60 908
-
Employer
32 935
-
153 533
-
pensions
5 355
-
10 642
-
accident
550
-
2 564
-
unemployment
807
-
3 762
-
total
6 712
-
16 968
-
Corporate
130 853
170 500
-
-
income

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

117 767
153 450
-
-
total
117 767
153 450
-
-
Dividends
13 085
17 050
-
-
withholding
2 486
3 240
-
-
total
2 486
3 240
-
-
Income
170 500
170 500
170 500
170 500
Total tax
138 963
156 690
77 876
53 947
After tax
31 537
13 810
92 624
116 553
Living cost
20 937
20 937
20 937
20 937
Free-cash
10 600
-7 127
71 687
95 616

Estimated living cost  is ₽20937 per week

₽15240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1194
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69381
₽71795
₽72670
₽51989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
170 500
municipal
-
-
-
30 291
national
-
-
-
27 745
health
-
-
-
2 218
total
-
-
-
60 254
Employee
51 493
-
143 433
-
national
851
-
16 873
-
pensions
3 475
-
9 682
-
unemployment
773
-
2 151
-
municipal
8 434
-
23 363
-
health
384
-
1 800
-
total
13 917
-
53 869
-
Employer
51 493
-
143 433
-
health
396
-
1 105
-
pensions
8 934
-
24 886
-
accident
52
-
143
-
unemployment
334
-
932
-
total
9 716
-
27 066
-
Corporate
109 291
170 500
-
-
income
21 859
34 101
-
-
total
21 859
34 101
-
-
Dividends

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

65 574
102 300
-
-
municipal
11 803
18 414
-
-
national
3 834
11 028
-
-
total
15 637
29 442
-
-
Income
170 500
170 500
170 500
170 500
Total tax
61 129
63 543
80 935
60 254
After tax
109 371
106 957
89 565
110 246
Living cost
37 576
37 576
37 576
37 576
Free-cash
71 795
69 381
51 989
72 670

Estimated living cost  is ₽37576 per week

₽24545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101726
₽96402
₽93971
₽92465
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 685
health
-
-
-
4 348
social contributions
-
-
-
15 836
total
-
-
-
53 869
Employee
75 260
75 260
159 131
-
social contributions
2 845
6 246
8 425
-
income
8 195
6 967
32 875
-
health
583
1 280
2 706
-
total
11 623
14 493
44 006
-
Employer
75 260
75 260
159 131
-
social contributions
2 845
6 246
8 425
-
health
633
1 393
2 944
-
total
3 478
7 639
11 369
-
Corporate
132 738
87 601
-
-
income
16 592
10 951
-
-
total
16 592
10 951
-
-
Dividends
116 146
76 650
-
-
withholding
19 745
13 031
-
-
total
19 745
13 031
-
-
Income
170 500
170 500
170 500
170 500
Total tax
51 438
46 114
55 375
53 869
After tax
119 062
124 386
115 125
116 631
Living cost
22 660
22 660
22 660
22 660
Free-cash
96 402
101 726
92 465
93 971

Estimated living cost  is ₽22660 per week

₽13581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2223
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.
₽6356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125653
₽120674
₽127834
₽108203
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
28
income
-
-
-
17 331
health
-
-
-
3 542
pensions
-
-
-
6 226
total
-
-
-
27 127
Employee

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

22 465
-
160 935
-
pensions
3 369
-
13 930
-
unemployment
111
-
464
-
income
1 536
-
14 905
-
health
1 909
-
7 894
-
total
6 925
-
37 193
-
Employer

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

22 465
-
160 935
-
health
966
-
3 993
-
pensions
1 235
-
5 108
-
unemployment
111
-
464
-
total
2 312
-
9 565
-
Corporate
145 722
170 500
-
-
income
13 115
15 345
-
-
total
13 115
15 345
-
-
Dividends
132 608
155 155
-
-
withholding
11 935
13 963
-
-
total
11 935
13 963
-
-
Income
170 500
170 500
170 500
170 500
Total tax
34 287
29 308
46 758
27 127
After tax
136 213
141 192
123 742
143 373
Living cost
15 539
15 539
15 539
15 539
Free-cash
120 674
125 653
108 203
127 834

Estimated living cost  is ₽15539 per week

₽9914
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4042
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86758
₽82437
₽68793
₽64687
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
635
accident
-
-
-
817
income
-
-
-
47 578
pensions
-
-
-
25 672
other
-
-
-
91
total
-
-
-
74 793
Employee
36 190
-
141 579
-
pensions
1 701
-
4 264
-
unemployment
561
-
1 406
-
income
6 977
-
44 218
-
other
35
-
91
-
total
9 274
-
49 979
-
Employer
36 190
-
141 579
-
pensions
8 540
-
21 409
-
accident
717
-
1 796
-
other
290
-
726
-
unemployment
1 991
-
4 989
-
total
11 538
-
28 920
-
Corporate
122 773
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.

18 415
25 575
-
-
total
18 415
25 575
-
-
Dividends
104 357
144 925
-
-
withholding
21 922
31 253
-
-
total
21 922
31 253
-
-
Income
170 500
170 500
170 500
170 500
Total tax
61 149
56 828
78 899
74 793
After tax
109 351
113 672
91 601
95 707
Living cost
26 914
26 914
26 914
26 914
Free-cash
82 437
86 758
64 687
68 793

Estimated living cost  is ₽26914 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104731
₽104459
₽108189
₽108071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 561
health
-
-
-
878
pensions
-
-
-
1 211
total
-
-
-
60 650
Employee
2 529
-
169 137
-
pensions
228
-
545
-
unemployment
25
-
61
-
income
489
-
58 497
-
health
126
-
303
-
total
868
-
59 406
-
Employer
2 529
-
169 137
-
health
240
-
575
-
pensions
278
-
666
-
unemployment
51
-
121
-
total
569
-
1 362
-
Corporate
167 402
170 500
-
-
income
36 828
37 510
-
-
total
36 828
37 510
-
-
Dividends
130 573
132 990
-
-
withholding
26 115
26 598
-
-
total
26 115
26 598
-
-
Income
170 500
170 500
170 500
170 500
Total tax
64 380
64 108
60 768
60 650
After tax
106 120
106 392
109 732
109 850
Living cost
1 661
1 661
1 661
1 661
Free-cash
104 459
104 731
108 071
108 189

Estimated living cost  is ₽1661 per week

₽987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽501
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106287
₽101480
₽87761
₽87760
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 083
income
-
-
-
38 543
health
-
-
-
7 438
pensions
-
-
-
18 776
total
-
-
-
65 840
Employee

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

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

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

25 482
-
157 574
-
pensions
3 568
-
10 110
-
unemployment
191
-
542
-
income
3 513
-
38 543
-
health
1 312
-
3 719
-
total
8 584
-
52 914
-
Employer

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

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

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

25 482
-
157 574
-
health
1 312
-
3 719
-
pensions
3 058
-
8 666
-
unemployment
191
-
542
-
total
4 561
-
12 927
-
Corporate
140 456
170 500
-
-
income
21 068
25 575
-
-
total
21 068
25 575
-
-
Dividends
119 388
144 925
-
-
withholding
17 908
21 739
-
-
total
17 908
21 739
-
-
Income
170 500
170 500
170 500
170 500
Total tax
52 121
47 314
65 841
65 840
After tax
118 379
123 186
104 659
104 660
Living cost
16 899
16 899
16 899
16 899
Free-cash
101 480
106 287
87 760
87 761

Estimated living cost  is ₽16899 per week

₽11378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
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.
₽3725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70593
₽70242
₽65046
₽52120
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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
-
-
-
19 819
surtax
-
-
-
-
social contributions

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

-
-
-
59 249
total
-
-
-
79 068
Employee
37 987
-
137 778
-
social contributions
4 179
-
15 156
-
income
7 422
-
44 116
-
surtax
-
-
-
-
total
11 601
-
59 272
-
Employer
37 987
-
137 778
-
social contributions
9 021
-
32 722
-
total
9 021
-
32 722
-
Corporate
123 492
170 500
-
-
income
25 934
35 806
-
-
surtax
-
-
-
-
total
25 934
35 806
-
-
Dividends
97 558
134 694
-
-
withholding
27 316
37 715
-
-
total
27 316
37 715
-
-
Income
170 500
170 500
170 500
170 500
Total tax
73 872
73 521
91 994
79 068
After tax
96 628
96 979
78 506
91 432
Living cost
26 386
26 386
26 386
26 386
Free-cash
70 242
70 593
52 120
65 046

Estimated living cost  is ₽26386 per week

₽18688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5397
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79275
₽72853
₽61310
₽57204
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
635
accident
-
-
-
817
income
-
-
-
47 578
pensions
-
-
-
25 672
other
-
-
-
91
total
-
-
-
74 793
Employee
47 268
-
141 579
-
pensions
2 221
-
4 264
-
unemployment
732
-
1 406
-
income
9 873
-
44 218
-
other
46
-
91
-
total
12 872
-
49 979
-
Employer
47 268
-
141 579
-
pensions
11 155
-
21 409
-
accident
936
-
1 796
-
other
379
-
726
-
unemployment
2 600
-
4 989
-
total
15 070
-
28 920
-
Corporate
108 161
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.

16 224
25 575
-
-
total
16 224
25 575
-
-
Dividends
91 937
144 925
-
-
withholding
19 084
31 253
-
-
total
19 084
31 253
-
-
Income
170 500
170 500
170 500
170 500
Total tax
63 250
56 828
78 899
74 793
After tax
107 250
113 672
91 601
95 707
Living cost
34 397
34 397
34 397
34 397
Free-cash
72 853
79 275
57 204
61 310

Estimated living cost  is ₽34397 per week

₽24703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2675
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6536
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128747
₽122715
₽118662
₽125309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
138
income
-
-
-
25 575
health
-
-
-
3 977
pensions

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

-
-
-
5 118
total
-
-
-
34 808
Employee
22 550
-
163 716
-
pensions

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

1 980
-
3 036
-
income
2 255
-
16 371
-
health
1 037
-
1 591
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
total
5 520
-
21 378
-
Employer
22 550
-
163 716
-
health
1 556
-
2 386
-
pensions

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

2 485
-
3 810
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
unemployment
135
-
207
-
total
4 424
-
6 783
-
Corporate
143 526
170 500
-
-
income
14 352
17 050
-
-
total
14 352
17 050
-
-
Dividends
129 174
153 450
-
-
withholding
6 459
7 673
-
-
total
6 459
7 673
-
-
Income
170 500
170 500
170 500
170 500
Total tax
30 755
24 723
28 161
34 808
After tax
139 745
145 777
142 339
135 692
Living cost
17 030
17 030
17 030
17 030
Free-cash
122 715
128 747
125 309
118 662

Estimated living cost  is ₽17030 per week

₽11263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4386
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49965
₽62769
₽52714
₽70650
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
170 500
trade
-
-
-
17 936
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.

-
-
-
52 492
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.

-
-
-
6 686
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.

-
-
-
2 886
total
-
-
-
80 000
Employee

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

48 698
-
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.

4 004
-
52 492
-
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.

221
-
2 886
-
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.

6 686
-
6 686
-
total
10 911
-
62 064
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
121 802
170 500
-
-
income
18 271
25 575
-
-
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.

1 005
1 406
-
-
trade
17 479
24 467
-
-
chamber of commerce
327
399
-
-
total
37 082
51 847
-
-
Dividends
84 720
118 653
-
-
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.

1 144
1 610
-
-
withholding
20 808
29 292
-
-
total
21 952
30 902
-
-
Income
170 500
170 500
170 500
170 500
Total tax
69 945
82 749
62 064
80 000
After tax
100 555
87 751
108 436
90 500
Living cost
37 786
37 786
37 786
37 786
Free-cash
62 769
49 965
70 650
52 714

Estimated living cost  is ₽37786 per week

₽26066
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4066
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7106
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63596
₽65760
₽34323
₽34323
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
income
-
-
-
52 022
social contributions
-
-
-
28 402
total
-
-
-
80 424
Employee
76 559
-
170 500
-
social contributions
6 360
-
28 402
-
income
14 446
-
52 022
-
total
20 806
-
80 424
-
Employer
76 559
-
170 500
-
total
-
-
-
-
Corporate
93 941
170 500
-
-
income
11 742
21 313
-
-
total
11 742
21 313
-
-
Dividends
82 199
149 187
-
-
withholding
16 439
29 838
-
-
total
16 439
29 838
-
-
Income
170 500
170 500
170 500
170 500
Total tax
48 987
51 151
80 424
80 424
After tax
121 513
119 349
90 076
90 076
Living cost
55 753
55 753
55 753
55 753
Free-cash
65 760
63 596
34 323
34 323

Estimated living cost  is ₽55753 per week

₽42416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70127
₽73547
₽101029
₽85816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 860
health

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

-
-
-
6 083
total
-
-
-
33 943
Employee
44 899
-
165 998
-
social contributions
4 498
-
4 502
-
income
4 872
-
40 152
-
total
9 370
-
44 654
-
Employer
44 899
-
165 998
-
social contributions
4 498
-
4 502
-
total
4 498
-
4 502
-
Corporate
121 103
170 500
-
-
income
42 386
59 674
-
-
total
42 386
59 674
-
-
Dividends
78 717
110 826
-
-
social contributions
5 171
5 171
-
-
total
5 171
5 171
-
-
Income
170 500
170 500
170 500
170 500
Total tax
61 425
64 845
49 156
33 943
After tax
109 075
105 655
121 344
136 557
Living cost
35 528
35 528
35 528
35 528
Free-cash
73 547
70 127
85 816
101 029

Estimated living cost  is ₽35528 per week

₽23402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2801
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75378
₽81200
₽76749
₽61301
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 447
pensions
-
-
-
8 790
total
-
-
-
57 237
Employee
50 120
-
148 968
-
pensions
3 825
-
10 834
-
income
9 127
-
38 148
-
health
654
-
2 170
-
total
13 606
-
51 152
-
Employer
50 120
-
148 968
-
health
953
-
2 830
-
pensions
5 064
-
18 703
-
total
6 017
-
21 533
-
Corporate
114 363
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.

21 729
32 396
-
-
total
21 729
32 396
-
-
Dividends
92 634
138 104
-
-
withholding
11 434
26 212
-
-
total
11 434
26 212
-
-
Income
170 500
170 500
170 500
170 500
Total tax
52 786
58 608
72 685
57 237
After tax
117 714
111 892
97 815
113 263
Living cost
36 514
36 514
36 514
36 514
Free-cash
81 200
75 378
61 301
76 749

Estimated living cost  is ₽36514 per week

₽25048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9200
₽10280
₽93543
₽69614
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
244
income
-
-
-
47 219
health
-
-
-
2 107
pensions
-
-
-
4 019
other
-
-
-
358
total
-
-
-
53 947
Employee
36 195
-
153 533
-
pensions
4 076
-
7 369
-
income
4 966
-
35 959
-
health
4 144
-
17 580
-
total
13 186
-
60 908
-
Employer
36 195
-
153 533
-
pensions
5 885
-
10 642
-
accident
604
-
2 564
-
unemployment
887
-
3 762
-
total
7 376
-
16 968
-
Corporate
126 928
170 500
-
-
income

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

114 236
153 450
-
-
total
114 236
153 450
-
-
Dividends
12 693
17 050
-
-
withholding
2 412
3 240
-
-
total
2 412
3 240
-
-
Income
170 500
170 500
170 500
170 500
Total tax
137 210
156 690
77 876
53 947
After tax
33 290
13 810
92 624
116 553
Living cost
23 010
23 010
23 010
23 010
Free-cash
10 280
-9 200
69 614
93 543

Estimated living cost  is ₽23010 per week

₽16887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130249
₽125667
₽86128
₽107660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 879
health insurance
-
-
-
11 588
income
-
-
-
28 081
work injury
-
-
-
783
pensions
-
-
-
28 814
total
-
-
-
71 145
Employee

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

21 163
-
170 500
-
work injury
106
-
391
-
pensions
3 894
-
14 407
-
unemployment
254
-
940
-
income
2 116
-
28 081
-
health insurance
1 566
-
5 794
-
total
7 936
-
49 613
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
149 337
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%.

1 493
1 705
-
-
total
1 493
1 705
-
-
Dividends
147 844
168 795
-
-
withholding
22 177
25 319
-
-
total
22 177
25 319
-
-
Income
170 500
170 500
170 500
170 500
Total tax
31 606
27 024
49 613
71 145
After tax
138 894
143 476
120 887
99 355
Living cost
13 227
13 227
13 227
13 227
Free-cash
125 667
130 249
107 660
86 128

Estimated living cost  is ₽13227 per week

₽8194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50816
₽46368
₽40588
₽33104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
municipal
-
-
-
1 140
national
-
-
-
42 026
regional
-
-
-
3 903
social contributions
-
-
-
43 853
total
-
-
-
90 922
Employee
82 474
-
170 500
-
national
13 937
-
36 433
-
social contributions
27 810
-
57 492
-
municipal
492
-
1 018
-
regional
1 245
-
3 463
-
total
43 484
-
98 406
-
Employer
82 474
-
170 500
-
total
-
-
-
-
Corporate
88 026
170 500
-
-
municipal
4 242
8 219
-
-
nationa
21 125
40 921
-
-
total
25 367
49 140
-
-
Dividends
62 658
121 361
-
-
withholding
16 291
31 554
-
-
total
16 291
31 554
-
-
Income
170 500
170 500
170 500
170 500
Total tax
85 142
80 694
98 406
90 922
After tax
85 358
89 806
72 094
79 578
Living cost
38 990
38 990
38 990
38 990
Free-cash
46 368
50 816
33 104
40 588

Estimated living cost  is ₽38990 per week

₽27388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8330
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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