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
₽79549
₽57733
₽59525
₽68049
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 936
trade
-
-
-
20 024
income

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

-
-
-
53 391
health

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

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

-
-
-
6 372
total
-
-
-
82 723
Employee

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

35 675
-
170 500
-
health

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

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

6 372
-
6 372
-
surtax

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

55
-
2 936
-
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.

997
-
53 391
-
total
7 424
-
62 699
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
134 825
170 500
-
-
chamber of commerce
335
386
-
-
trade
21 235
26 853
-
-
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.

1 112
1 407
-
-
income
20 224
25 575
-
-
total
42 906
54 221
-
-
Dividends
91 919
116 279
-
-
withholding
22 625
28 715
-
-
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.

1 244
1 579
-
-
total
23 869
30 294
-
-
Income
170 500
170 500
170 500
170 500
Total tax
74 199
84 515
62 699
82 723
After tax
96 301
85 985
107 801
87 777
Living cost
28 252
28 252
28 252
28 252
Free-cash
68 049
57 733
79 549
59 525

Estimated living cost  is ₽28252 per week

₽17771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽51944
₽56655
₽50890
₽55828
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 662
social contributions
-
-
-
1 833
national
-
-
-
28 918
pensions
-
-
-
20 460
total
-
-
-
69 873
Employee
77 101
-
147 396
-
pensions
3 084
-
5 896
-
national
14 757
-
30 224
-
municipal
9 523
-
19 322
-
total
27 364
-
55 442
-
Employer
77 101
-
147 396
-
pensions
6 168
-
11 792
-
social contributions
829
-
1 585
-
total
6 997
-
13 377
-
Corporate
81 313
170 500
-
-
income

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

16 263
34 100
-
-
total
16 263
34 100
-
-
Dividends
65 050
136 400
-
-
withholding
14 311
30 008
-
-
total
14 311
30 008
-
-
Income
170 500
170 500
170 500
170 500
Total tax
64 935
64 108
68 819
69 873
After tax
105 565
106 392
101 681
100 627
Living cost
49 737
49 737
49 737
49 737
Free-cash
55 828
56 655
51 944
50 890

Estimated living cost  is ₽49737 per week

₽33806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽52654
₽116995
₽39966
₽109344
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
35 737
income
-
-
-
31 915
total
-
-
-
111 129
Employee
27 255
-
129 478
-
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.

2 998
-
12 227
-
surtax
-
-
18 775
-
income
4 852
-
26 418
-
total
7 850
-
57 420
-
Employer
27 255
-
129 478
-
surtax
-
-
14 242
-
social contributions

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

6 565
-
26 779
-
total
6 565
-
41 021
-
Corporate
136 680
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%.

27 336
34 100
-
-
total
27 336
34 100
-
-
Dividends

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

109 344
136 400
-
-
total
-
-
-
-
Income
170 500
170 500
170 500
170 500
Total tax
41 751
34 100
98 441
111 129
After tax
128 749
136 400
72 059
59 371
Living cost
19 405
19 405
19 405
19 405
Free-cash
109 344
116 995
52 654
39 966

Estimated living cost  is ₽19405 per week

₽12380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽68124
₽45432
₽54626
₽39718
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 371
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
76 801
Employee
79 651
79 651
153 166
-
health
12 226
10 399
11 502
-
pensions
14 337
10 928
10 928
-
income

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

13 038
13 038
23 539
-
total
39 601
34 365
45 969
-
Employer
79 651
79 651
153 166
-
unemployment
2 867
2 867
3 563
-
health
5 537
5 537
6 880
-
pensions
5 544
5 544
6 891
-
total
13 948
13 948
17 334
-
Corporate
77 878
76 901
-
-
income
15 576
15 380
-
-
total
15 576
15 380
-
-
Dividends
62 301
61 521
-
-
withholding
9 346
9 229
-
-
income
13 238
13 073
-
-
total
22 584
22 302
-
-
Income
170 500
170 500
170 500
170 500
Total tax
91 709
85 995
63 303
76 801
After tax
78 791
84 505
107 197
93 699
Living cost
39 073
39 073
39 073
39 073
Free-cash
39 718
45 432
68 124
54 626

Estimated living cost  is ₽39073 per week

₽27690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽48698
₽55409
₽49611
₽54564
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 708
other
-
-
-
9 597
unemployment
-
-
-
83
national
-
-
-
15 570
pensions
-
-
-
8 928
accident
-
-
-
165
health
-
-
-
5 154
total
-
-
-
83 205
Employee
53 696
-
144 550
-
national
-
-
15 064
-
municipal
16 012
-
43 105
-
total
16 012
-
58 169
-
Employer
53 696
-
144 550
-
unemployment
1 418
-
2 180
-
accident
107
-
165
-
health
3 302
-
5 079
-
pensions
5 804
-
8 928
-
other
6 240
-
9 597
-
total
16 871
-
25 949
-
Corporate
99 932
170 500
-
-
income
21 985
37 510
-
-
total
21 985
37 510
-
-
Dividends
77 947
132 990
-
-
withholding
23 384
39 897
-
-
total
23 384
39 897
-
-
Income
170 500
170 500
170 500
170 500
Total tax
78 252
77 407
84 118
83 205
After tax
92 248
93 093
86 382
87 295
Living cost
37 684
37 684
37 684
37 684
Free-cash
54 564
55 409
48 698
49 611

Estimated living cost  is ₽37684 per week

₽24976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽71159
₽48465
₽50246
₽61570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 936
trade
-
-
-
20 913
income

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

-
-
-
53 391
health

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

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

-
-
-
6 372
total
-
-
-
83 612
Employee

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

47 301
-
170 500
-
health

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

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

6 372
-
6 372
-
surtax

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

223
-
2 936
-
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.

4 064
-
53 391
-
total
10 659
-
62 699
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
123 199
170 500
-
-
chamber of commerce
317
384
-
-
trade
20 267
28 048
-
-
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.

1 016
1 407
-
-
income
18 479
25 575
-
-
total
40 079
55 414
-
-
Dividends
83 120
115 086
-
-
withholding
20 426
28 416
-
-
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.

1 124
1 563
-
-
total
21 550
29 979
-
-
Income
170 500
170 500
170 500
170 500
Total tax
72 288
85 393
62 699
83 612
After tax
98 212
85 107
107 801
86 888
Living cost
36 642
36 642
36 642
36 642
Free-cash
61 570
48 465
71 159
50 246

Estimated living cost  is ₽36642 per week

₽24506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽84490
₽94106
₽85975
₽90241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
social contributions
-
-
-
15 091
income
-
-
-
34 834
health
-
-
-
4 347
total
-
-
-
54 272
Employee
71 723
71 723
159 520
-
health
713
1 220
2 712
-
social contributions
3 485
5 953
8 029
-
income
7 531
6 639
34 036
-
total
11 729
13 812
44 777
-
Employer
71 723
71 723
159 520
-
health
777
1 328
2 951
-
social contributions
3 485
5 953
8 029
-
total
4 262
7 281
10 980
-
Corporate
124 255
91 497
-
-
income
15 532
11 438
-
-
total
15 532
11 438
-
-
Dividends
108 723
80 059
-
-
withholding
18 483
13 610
-
-
total
18 483
13 610
-
-
Income
170 500
170 500
170 500
170 500
Total tax
50 006
46 141
55 757
54 272
After tax
120 494
124 359
114 743
116 228
Living cost
30 253
30 253
30 253
30 253
Free-cash
90 241
94 106
84 490
85 975

Estimated living cost  is ₽30253 per week

₽20681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽82138
₽79056
₽101411
₽79403
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 557
income
-
-
-
20 844
pensions
-
-
-
17 050
health
-
-
-
11 935
total
-
-
-
52 386
Employee

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

The minimum wage is 138,000 HUF per month.

24 110
9 596
142 678
-
health
1 688
672
9 987
-
pensions
2 411
960
14 268
-
unemployment
362
144
2 140
-
income
2 948
1 173
17 442
-
total
7 409
2 949
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.

24 110
9 596
142 678
-
pensions
4 702
1 871
27 822
-
total
4 702
1 871
27 822
-
Corporate
141 688
159 033
-
-
income
12 752
14 313
-
-
total
12 752
14 313
-
-
Dividends
128 936
144 720
-
-
withholding
24 498
27 497
-
-
social contributions
25 033
28 111
-
-
total
49 531
55 608
-
-
Income
170 500
170 500
170 500
170 500
Total tax
74 394
74 741
71 659
52 386
After tax
96 106
95 759
98 841
118 114
Living cost
16 703
16 703
16 703
16 703
Free-cash
79 403
79 056
82 138
101 411

Estimated living cost  is ₽16703 per week

₽11398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽75742
₽113871
₽68859
₽108077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 848
pensions
-
-
-
34 100
health
-
-
-
22 164
total
-
-
-
79 112
Employee
26 460
-
127 428
-
unemployment
423
-
2 039
-
pensions
529
-
2 549
-
income
2 979
-
24 568
-
total
3 931
-
29 156
-
Employer
26 460
-
127 428
-
unemployment
212
-
1 020
-
health
3 439
-
16 566
-
pensions
5 292
-
25 487
-
total
8 943
-
43 073
-
Corporate
135 096
170 500
-
-
income
27 020
34 100
-
-
total
27 020
34 100
-
-
Dividends
108 076
136 400
-
-
total
-
-
-
-
Income
170 500
170 500
170 500
170 500
Total tax
39 894
34 100
72 229
79 112
After tax
130 606
136 400
98 271
91 388
Living cost
22 529
22 529
22 529
22 529
Free-cash
108 077
113 871
75 742
68 859

Estimated living cost  is ₽22529 per week

₽15452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
₽71913
-₽7018
₽95712
₽10616
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
other
-
-
-
351
income
-
-
-
47 365
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
53 959
Employee
32 765
-
153 735
-
health
3 752
-
17 603
-
pensions
3 689
-
7 223
-
income
4 495
-
36 166
-
total
11 936
-
60 992
-
Employer
32 765
-
153 735
-
unemployment
803
-
3 767
-
accident
547
-
2 568
-
pensions
5 328
-
10 431
-
total
6 678
-
16 766
-
Corporate
131 057
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.

117 951
153 450
-
-
total
117 951
153 450
-
-
Dividends
13 106
17 050
-
-
withholding
2 490
3 239
-
-
total
2 490
3 239
-
-
Income
170 500
170 500
170 500
170 500
Total tax
139 055
156 689
77 758
53 959
After tax
31 445
13 811
92 742
116 541
Living cost
20 829
20 829
20 829
20 829
Free-cash
10 616
-7 018
71 913
95 712

Estimated living cost  is ₽20829 per week

₽15266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽128846
₽154421
₽161241
₽153005
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
170 500
microenterprise

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

-
-
-
1 705
total
-
-
-
1 705
Employee
9 443
-
170 500
-
income
1 888
-
34 100
-
total
1 888
-
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%.

161 057
170 500
-
-
total
-
-
-
-
Dividends
161 057
170 500
-
-
withholding
8 053
8 525
-
-
total
8 053
8 525
-
-
Income
170 500
170 500
170 500
170 500
Total tax
9 941
8 525
34 100
1 705
After tax
160 559
161 975
136 400
168 795
Living cost
7 554
7 554
7 554
7 554
Free-cash
153 005
154 421
128 846
161 241

Estimated living cost  is ₽7554 per week

₽4682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽71632
₽100414
₽71704
₽94115
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
other
-
-
-
6 737
income
-
-
-
26 924
pensions

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

-
-
-
34 041
health
-
-
-
6 241
total
-
-
-
73 943
Employee
33 866
-
136 183
-
health
474
-
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.

2 370
-
9 533
-
unemployment
338
-
1 361
-
income
5 830
-
26 899
-
total
9 012
-
39 699
-
Employer
33 866
-
136 183
-
unemployment
338
-
1 361
-
accident
271
-
1 090
-
health
474
-
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.

5 758
-
23 150
-
other
1 694
-
6 809
-
total
8 535
-
34 316
-
Corporate
128 098
170 500
-
-
income
26 901
35 804
-
-
total
26 901
35 804
-
-
Dividends
101 197
134 696
-
-
withholding
7 084
9 429
-
-
total
7 084
9 429
-
-
Income
170 500
170 500
170 500
170 500
Total tax
51 532
45 233
74 015
73 943
After tax
118 968
125 267
96 485
96 557
Living cost
24 853
24 853
24 853
24 853
Free-cash
94 115
100 414
71 632
71 704

Estimated living cost  is ₽24853 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽34469
₽48251
₽49875
₽52043
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
income
-
-
-
49 268
pensions
-
-
-
8 551
total
-
-
-
57 819
Employee
88 860
-
148 894
-
health
1 464
-
2 139
-
pensions
8 573
-
10 480
-
income
16 018
-
39 000
-
total
26 055
-
51 619
-
Employer
88 860
-
148 894
-
health
1 688
-
2 829
-
pensions
10 492
-
18 777
-
total
12 180
-
21 606
-
Corporate
69 460
170 500
-
-
income

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

13 197
32 396
-
-
total
13 197
32 396
-
-
Dividends
56 263
138 104
-
-
withholding
4 219
27 047
-
-
total
4 219
27 047
-
-
Income
170 500
170 500
170 500
170 500
Total tax
55 651
59 443
73 225
57 819
After tax
114 849
111 057
97 275
112 681
Living cost
62 806
62 806
62 806
62 806
Free-cash
52 043
48 251
34 469
49 875

Estimated living cost  is ₽62806 per week

₽47061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽130740
₽133544
₽123989
₽129211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
130
income
-
-
-
25 575
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
34 277
Employee
16 200
-
164 105
-
health
745
-
1 499
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 422
-
2 862
-
income
1 620
-
16 410
-
total
3 965
-
21 130
-
Employer
16 200
-
164 105
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

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

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

1 785
-
3 592
-
total
3 178
-
6 396
-
Corporate
151 121
170 500
-
-
income
15 112
17 050
-
-
total
15 112
17 050
-
-
Dividends
136 009
153 450
-
-
withholding
6 800
7 672
-
-
total
6 800
7 672
-
-
Income
170 500
170 500
170 500
170 500
Total tax
29 055
24 722
27 526
34 277
After tax
141 445
145 778
142 974
136 223
Living cost
12 234
12 234
12 234
12 234
Free-cash
129 211
133 544
130 740
123 989

Estimated living cost  is ₽12234 per week

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

Source of data for Varna model

Close
Amsterdam , Netherlands
₽55476
₽32784
₽41978
₽35132
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 371
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
76 801
Employee
86 476
79 651
153 166
-
health
10 788
10 399
11 502
-
pensions
10 928
10 928
10 928
-
income

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

13 038
13 038
23 539
-
total
34 754
34 365
45 969
-
Employer
86 476
79 651
153 166
-
unemployment
3 113
2 867
3 563
-
health
6 009
5 537
6 880
-
pensions
6 018
5 544
6 891
-
total
15 140
13 948
17 334
-
Corporate
68 883
76 901
-
-
income
13 776
15 380
-
-
total
13 776
15 380
-
-
Dividends
55 107
61 521
-
-
withholding
8 266
9 229
-
-
income
11 711
13 073
-
-
total
19 977
22 302
-
-
Income
170 500
170 500
170 500
170 500
Total tax
83 647
85 995
63 303
76 801
After tax
86 853
84 505
107 197
93 699
Living cost
51 721
51 721
51 721
51 721
Free-cash
35 132
32 784
55 476
41 978

Estimated living cost  is ₽51721 per week

₽38153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽67073
₽94598
₽74527
₽86466
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
166
social contributions
-
-
-
32 796
income
-
-
-
17 203
health
-
-
-
23 017
total
-
-
-
73 182
Employee
33 517
-
130 662
-
health
4 525
-
17 639
-
social contributions
2 179
-
7 300
-
solidarity contribution
-
-
-
-
income
4 022
-
15 858
-
total
10 726
-
40 797
-
Employer
33 517
-
130 662
-
health
3 017
-
11 760
-
social contributions
8 379
-
28 079
-
total
11 396
-
39 839
-
Corporate
125 588
170 500
-
-
income
23 862
32 395
-
-
total
23 862
32 395
-
-
Dividends
101 726
138 105
-
-
withholding
15 259
20 716
-
-
total
15 259
20 716
-
-
Income
170 500
170 500
170 500
170 500
Total tax
61 243
53 111
80 636
73 182
After tax
109 257
117 389
89 864
97 318
Living cost
22 791
22 791
22 791
22 791
Free-cash
86 466
94 598
67 073
74 527

Estimated living cost  is ₽22791 per week

₽15831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽34065
₽51611
₽41768
₽46743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
43 853
national
-
-
-
42 491
regional
-
-
-
2 018
total
-
-
-
89 374
Employee
82 895
-
170 500
-
social contributions
27 952
-
57 492
-
national
14 364
-
36 898
-
regional
782
-
1 783
-
municipal
439
-
904
-
total
43 537
-
97 077
-
Employer
82 895
-
170 500
-
total
-
-
-
-
Corporate
87 605
170 500
-
-
municipal
3 416
6 650
-
-
nationa
21 024
40 920
-
-
total
24 440
47 570
-
-
Dividends
63 164
122 930
-
-
withholding
16 422
31 961
-
-
total
16 422
31 961
-
-
Income
170 500
170 500
170 500
170 500
Total tax
84 399
79 531
97 077
89 374
After tax
86 101
90 969
73 423
81 126
Living cost
39 358
39 358
39 358
39 358
Free-cash
46 743
51 611
34 065
41 768

Estimated living cost  is ₽39358 per week

₽27436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽54318
₽86663
₽60020
₽83758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
7 601
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
48 350
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
89 898
Employee
30 845
-
144 296
-
health
788
-
3 174
-
pensions
2 057
-
8 303
-
unemployment
2 147
-
8 664
-
surtax
101
-
6 485
-
other
-
-
-
-
income
5 170
-
42 771
-
total
10 263
-
69 397
-
Employer
30 845
-
144 296
-
unemployment
977
-
3 945
-
health
1 404
-
5 664
-
pensions
4 112
-
16 594
-
other
-
-
-
-
total
6 493
-
26 203
-
Corporate
133 163
170 500
-
-
income
34 622
44 330
-
-
total
34 622
44 330
-
-
Dividends
98 541
126 170
-
-
withholding
14 782
18 925
-
-
total
14 782
18 925
-
-
Income
170 500
170 500
170 500
170 500
Total tax
66 160
63 255
95 600
89 898
After tax
104 340
107 245
74 900
80 602
Living cost
20 582
20 582
20 582
20 582
Free-cash
83 758
86 663
54 318
60 020

Estimated living cost  is ₽20582 per week

₽12585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽54368
₽68150
₽69774
₽74357
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
income
-
-
-
49 268
pensions
-
-
-
8 551
total
-
-
-
57 819
Employee
59 552
-
148 894
-
health
864
-
2 139
-
pensions
5 055
-
10 480
-
income
10 726
-
39 000
-
total
16 645
-
51 619
-
Employer
59 552
-
148 894
-
health
1 131
-
2 829
-
pensions
6 447
-
18 777
-
total
7 578
-
21 606
-
Corporate
103 370
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.

19 639
32 396
-
-
total
19 639
32 396
-
-
Dividends
83 731
138 104
-
-
withholding
9 374
27 047
-
-
total
9 374
27 047
-
-
Income
170 500
170 500
170 500
170 500
Total tax
53 236
59 443
73 225
57 819
After tax
117 264
111 057
97 275
112 681
Living cost
42 907
42 907
42 907
42 907
Free-cash
74 357
68 150
54 368
69 774

Estimated living cost  is ₽42907 per week

₽32146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
₽56330
₽4195
₽64075
₽35757
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 798
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.

-
-
-
3 410
national
-
-
-
2 908
pensions
-
-
-
15 686
regional
-
-
-
8 469
health
-
-
-
383
total
-
-
-
32 654
Employee
86 331
-
152 606
-
health
195
-
343
-
pensions
7 253
-
12 820
-
unemployment
-
-
-
-
city
927
-
1 639
-
national
409
-
2 101
-
regional
2 827
-
7 281
-
total
11 611
-
24 184
-
Employer
86 331
-
152 606
-
unemployment
-
-
-
-
health
195
-
343
-
pensions
7 253
-
12 820
-
other

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

1 726
-
3 052
-
total
9 174
-
16 215
-
Corporate
74 046
170 500
-
-
regional
15 662
36 060
-
-
national
6 294
14 493
-
-
total
21 956
50 553
-
-
Dividends
52 090
119 947
-
-
withholding
18 231
41 981
-
-
total
18 231
41 981
-
-
Income
170 500
170 500
170 500
170 500
Total tax
60 972
92 534
40 399
32 654
After tax
109 528
77 966
130 101
137 846
Living cost
73 771
73 771
73 771
73 771
Free-cash
35 757
4 195
56 330
64 075

Estimated living cost  is ₽73771 per week

₽47972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽65072
₽41500
₽43269
₽56624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 936
trade
-
-
-
21 803
income

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

-
-
-
53 391
health

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

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

-
-
-
6 372
total
-
-
-
84 502
Employee

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

56 055
-
170 500
-
health

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

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

6 372
-
6 372
-
surtax

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

363
-
2 936
-
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.

6 592
-
53 391
-
total
13 327
-
62 699
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
114 445
170 500
-
-
chamber of commerce
303
382
-
-
trade
19 628
29 241
-
-
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.

943
1 407
-
-
income
17 168
25 575
-
-
total
38 042
56 605
-
-
Dividends
76 403
113 894
-
-
withholding
18 746
28 119
-
-
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.

1 032
1 547
-
-
total
19 778
29 666
-
-
Income
170 500
170 500
170 500
170 500
Total tax
71 147
86 271
62 699
84 502
After tax
99 353
84 229
107 801
85 998
Living cost
42 729
42 729
42 729
42 729
Free-cash
56 624
41 500
65 072
43 269

Estimated living cost  is ₽42729 per week

₽31207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽61071
₽54019
₽64070
₽59531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
5 285
social contributions
-
-
-
4 857
income
-
-
-
27 161
pensions
-
-
-
29 811
health
-
-
-
7 404
total
-
-
-
74 518
Employee
39 919
-
131 772
-
social contributions
1 138
-
3 754
-
pensions
4 514
-
9 240
-
surtax
-
-
-
-
income
2 356
-
25 794
-
total
8 008
-
38 788
-
Employer
39 919
-
131 772
-
unemployment
1 616
-
5 337
-
health
2 795
-
12 283
-
pensions
6 558
-
15 541
-
other
1 377
-
5 173
-
social contributions
120
-
395
-
total
12 466
-
38 729
-
Corporate
118 114
170 500
-
-
surtax
-
-
-
-
income
33 071
47 740
-
-
total
33 071
47 740
-
-
Dividends
85 043
122 760
-
-
withholding
10 886
15 713
-
-
surtax
-
-
-
-
social contributions
14 626
21 116
-
-
total
25 512
36 829
-
-
Income
170 500
170 500
170 500
170 500
Total tax
79 057
84 569
77 517
74 518
After tax
91 443
85 931
92 983
95 982
Living cost
31 912
31 912
31 912
31 912
Free-cash
59 531
54 019
61 071
64 070

Estimated living cost  is ₽31912 per week

₽20122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽64233
₽57181
₽67232
₽62363
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
5 285
social contributions
-
-
-
4 857
income
-
-
-
27 161
pensions
-
-
-
29 811
health
-
-
-
7 404
total
-
-
-
74 518
Employee
35 634
-
131 772
-
social contributions
1 016
-
3 754
-
pensions
4 030
-
9 240
-
surtax
-
-
-
-
income
1 837
-
25 794
-
total
6 883
-
38 788
-
Employer
35 634
-
131 772
-
unemployment
1 443
-
5 337
-
health
2 494
-
12 283
-
pensions
5 855
-
15 541
-
other
1 230
-
5 173
-
social contributions
106
-
395
-
total
11 128
-
38 729
-
Corporate
123 738
170 500
-
-
surtax
-
-
-
-
income
34 647
47 740
-
-
total
34 647
47 740
-
-
Dividends
89 091
122 760
-
-
withholding
11 404
15 713
-
-
surtax
-
-
-
-
social contributions
15 325
21 116
-
-
total
26 729
36 829
-
-
Income
170 500
170 500
170 500
170 500
Total tax
79 387
84 569
77 517
74 518
After tax
91 113
85 931
92 983
95 982
Living cost
28 750
28 750
28 750
28 750
Free-cash
62 363
57 181
64 233
67 232

Estimated living cost  is ₽28750 per week

₽16674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽86018
₽84246
₽89716
₽84726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
social contributions
-
-
-
23 529
income
-
-
-
25 575
health
-
-
-
11 902
total
-
-
-
61 006
Employee
31 625
-
170 500
-
health
2 207
-
11 902
-
social contributions
4 365
-
23 529
-
income
5 275
-
29 273
-
total
11 847
-
64 704
-
Employer
31 625
-
170 500
-
total
-
-
-
-
Corporate
138 875
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%.

6 944
8 524
-
-
total
6 944
8 524
-
-
Dividends
131 931
161 976
-
-
withholding
19 789
24 295
-
-
health
9 209
11 305
-
-
social contributions
18 207
22 352
-
-
total
47 205
57 952
-
-
Income
170 500
170 500
170 500
170 500
Total tax
65 996
66 476
64 704
61 006
After tax
104 504
104 024
105 796
109 494
Living cost
19 778
19 778
19 778
19 778
Free-cash
84 726
84 246
86 018
89 716

Estimated living cost  is ₽19778 per week

₽13236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽12250
₽61412
₽54660
₽59970
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
184
chamber of commerce
-
-
-
681
unemployment
-
-
-
5 721
income
-
-
-
47 894
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
82 974
Employee
46 614
37 171
136 915
-
health
1 804
1 439
4 216
-
pensions
4 774
3 806
11 158
-
unemployment
1 398
1 115
3 269
-
other
466
372
1 090
-
income
5 307
2 742
38 723
-
total
13 749
9 474
58 456
-
Employer
46 614
37 171
136 915
-
unemployment
1 398
1 115
3 269
-
payroll
1 398
1 115
4 108
-
accident
605
483
1 416
-
health
1 761
1 405
4 119
-
pensions
5 850
4 666
13 675
-
other
2 214
1 765
6 266
-
surtax
184
184
184
-
chamber of commerce
186
149
547
-
total
13 596
10 882
33 584
-
Corporate
110 289
122 447
133 375
-
income

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

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

27 572
30 611
33 344
-
total
27 572
30 611
33 344
-
Dividends
82 717
91 836
-
-
withholding
22 747
25 255
-
-
total
22 747
25 255
-
-
Income
170 500
170 500
170 500
170 500
Total tax
77 664
76 222
125 384
82 974
After tax
92 836
94 278
45 116
87 526
Living cost
32 866
32 866
32 866
32 866
Free-cash
59 970
61 412
12 250
54 660

Estimated living cost  is ₽32866 per week

₽21920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽25674
₽61334
₽39951
₽47343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
social contributions
-
-
-
23 254
communal

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

-
-
-
8 834
national
-
-
-
64 452
total
-
-
-
96 540
Employee

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

66 719
-
132 060
-
health

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

3 135
-
6 208
-
pensions

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

5 004
-
9 905
-
unemployment

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

581
-
1 149
-
national
20 512
-
48 228
-
communal

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

3 480
-
6 887
-
total
32 712
-
72 377
-
Employer

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

66 719
-
132 060
-
unemployment

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

974
-
1 928
-
accident

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

867
-
1 717
-
health

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

4 103
-
8 121
-
pensions

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

5 912
-
11 700
-
surtax
7 565
-
14 974
-
total
19 421
-
38 440
-
Corporate
84 360
170 500
-
-
surtax
338
681
-
-
income
16 872
34 100
-
-
total
17 210
34 781
-
-
Dividends
67 150
135 719
-
-
withholding

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

19 805
40 376
-
-
total
19 805
40 376
-
-
Income
170 500
170 500
170 500
170 500
Total tax
89 148
75 157
110 817
96 540
After tax
81 352
95 343
59 683
73 960
Living cost
34 009
34 009
34 009
34 009
Free-cash
47 343
61 334
25 674
39 951

Estimated living cost  is ₽34009 per week

₽21906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽58016
₽79889
₽61930
₽73500
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
48 949
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
74 885
Employee
46 429
-
142 939
-
pensions
2 182
-
4 064
-
unemployment
720
-
1 340
-
other
46
-
87
-
income
9 796
-
45 747
-
total
12 744
-
51 238
-
Employer
46 429
-
142 939
-
unemployment
2 554
-
4 754
-
accident
919
-
1 712
-
pensions
10 957
-
20 403
-
other
370
-
692
-
total
14 800
-
27 561
-
Corporate
109 272
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.

16 391
25 575
-
-
total
16 391
25 575
-
-
Dividends
92 881
144 925
-
-
withholding
19 380
31 351
-
-
total
19 380
31 351
-
-
Income
170 500
170 500
170 500
170 500
Total tax
63 315
56 926
78 799
74 885
After tax
107 185
113 574
91 701
95 615
Living cost
33 685
33 685
33 685
33 685
Free-cash
73 500
79 889
58 016
61 930

Estimated living cost  is ₽33685 per week

₽24805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽39712
₽48615
₽32916
₽36489
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
8 452
income
-
-
-
28 697
communal
-
-
-
10 776
pensions
-
-
-
25 556
accident
-
-
-
1 437
health
-
-
-
11 978
total
-
-
-
86 896
Employee
70 635
-
152 301
-
health
3 144
-
6 777
-
pensions
5 650
-
12 185
-
surtax
4 329
-
9 333
-
income
6 823
-
33 605
-
total
19 946
-
61 900
-
Employer
70 635
-
152 301
-
accident
635
-
1 370
-
health
2 154
-
4 645
-
pensions
5 650
-
12 185
-
total
8 439
-
18 200
-
Corporate
91 426
170 500
-
-
communal
6 172
11 509
-
-
surtax
959
1 790
-
-
income
13 714
25 575
-
-
total
20 845
38 874
-
-
Dividends
70 580
131 627
-
-
withholding
10 587
19 745
-
-
income
23 506
12 578
-
-
total
34 093
32 323
-
-
Income
170 500
170 500
170 500
170 500
Total tax
83 323
71 197
80 100
86 896
After tax
87 177
99 303
90 400
83 604
Living cost
50 688
50 688
50 688
50 688
Free-cash
36 489
48 615
39 712
32 916

Estimated living cost  is ₽50688 per week

₽38024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽53950
₽86295
₽59652
₽83327
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
7 601
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
48 350
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
89 898
Employee
31 411
-
144 296
-
health
802
-
3 174
-
pensions
2 096
-
8 303
-
unemployment
2 186
-
8 664
-
surtax
112
-
6 485
-
other
-
-
-
-
income
5 266
-
42 771
-
total
10 462
-
69 397
-
Employer
31 411
-
144 296
-
unemployment
997
-
3 945
-
health
1 428
-
5 664
-
pensions
4 188
-
16 594
-
other
-
-
-
-
total
6 613
-
26 203
-
Corporate
132 476
170 500
-
-
income
34 443
44 330
-
-
total
34 443
44 330
-
-
Dividends
98 033
126 170
-
-
withholding
14 705
18 925
-
-
total
14 705
18 925
-
-
Income
170 500
170 500
170 500
170 500
Total tax
66 223
63 255
95 600
89 898
After tax
104 277
107 245
74 900
80 602
Living cost
20 950
20 950
20 950
20 950
Free-cash
83 327
86 295
53 950
59 652

Estimated living cost  is ₽20950 per week

₽12649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽47785
₽64494
₽55447
₽62421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
43 853
national
-
-
-
42 491
regional
-
-
-
2 571
total
-
-
-
89 927
Employee
51 740
-
170 500
-
social contributions
17 447
-
57 492
-
national
8 197
-
36 898
-
regional
697
-
2 295
-
municipal
274
-
904
-
total
26 615
-
97 589
-
Employer
51 740
-
170 500
-
total
-
-
-
-
Corporate
118 760
170 500
-
-
municipal
5 903
8 473
-
-
nationa
28 503
40 920
-
-
total
34 406
49 393
-
-
Dividends
84 354
121 107
-
-
withholding
21 932
31 487
-
-
total
21 932
31 487
-
-
Income
170 500
170 500
170 500
170 500
Total tax
82 953
80 880
97 589
89 927
After tax
87 547
89 620
72 911
80 573
Living cost
25 126
25 126
25 126
25 126
Free-cash
62 421
64 494
47 785
55 447

Estimated living cost  is ₽25126 per week

₽15626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽61779
₽89304
₽69233
₽79284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
166
social contributions
-
-
-
32 796
income
-
-
-
17 203
health
-
-
-
23 017
total
-
-
-
73 182
Employee
41 301
-
130 662
-
health
5 576
-
17 639
-
social contributions
2 685
-
7 300
-
solidarity contribution
-
-
-
-
income
4 956
-
15 858
-
total
13 217
-
40 797
-
Employer
41 301
-
130 662
-
health
3 717
-
11 760
-
social contributions
10 325
-
28 079
-
total
14 042
-
39 839
-
Corporate
115 156
170 500
-
-
income
21 880
32 395
-
-
total
21 880
32 395
-
-
Dividends
93 277
138 105
-
-
withholding
13 992
20 716
-
-
total
13 992
20 716
-
-
Income
170 500
170 500
170 500
170 500
Total tax
63 131
53 111
80 636
73 182
After tax
107 369
117 389
89 864
97 318
Living cost
28 085
28 085
28 085
28 085
Free-cash
79 284
89 304
61 779
69 233

Estimated living cost  is ₽28085 per week

₽20886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽15405
₽64620
₽57953
₽64160
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
chamber of commerce
-
-
-
681
unemployment
-
-
-
5 721
income
-
-
-
47 894
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
82 790
Employee
40 772
37 171
137 087
-
health
1 577
1 439
4 216
-
pensions
4 176
3 806
11 158
-
unemployment
1 223
1 115
3 269
-
other
407
372
1 090
-
income
3 632
2 742
38 806
-
total
11 015
9 474
58 539
-
Employer
40 772
37 171
137 087
-
unemployment
1 223
1 115
3 269
-
payroll
1 223
1 115
4 112
-
accident
529
483
1 416
-
health
1 542
1 405
4 119
-
pensions
5 117
4 666
13 675
-
other
1 936
1 765
6 273
-
surtax
-
-
-
-
chamber of commerce
163
149
549
-
total
11 733
10 698
33 413
-
Corporate
117 994
122 631
133 547
-
income

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

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

29 499
30 657
33 386
-
total
29 499
30 657
33 386
-
Dividends
88 495
91 974
-
-
withholding
24 336
25 294
-
-
total
24 336
25 294
-
-
Income
170 500
170 500
170 500
170 500
Total tax
76 583
76 123
125 338
82 790
After tax
93 917
94 377
45 162
87 710
Living cost
29 757
29 757
29 757
29 757
Free-cash
64 160
64 620
15 405
57 953

Estimated living cost  is ₽29757 per week

₽17851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽124628
₽150203
₽157023
₽147996
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 715
-
170 500
-
income
2 943
-
34 100
-
total
2 943
-
34 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

155 785
170 500
-
-
total
-
-
-
-
Dividends
155 785
170 500
-
-
withholding
7 789
8 525
-
-
total
7 789
8 525
-
-
Income
170 500
170 500
170 500
170 500
Total tax
10 732
8 525
34 100
1 705
After tax
159 768
161 975
136 400
168 795
Living cost
11 772
11 772
11 772
11 772
Free-cash
147 996
150 203
124 628
157 023

Estimated living cost  is ₽11772 per week

₽7966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽53425
₽92371
₽57941
₽84569
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
39 372
pensions
-
-
-
31 138
health
-
-
-
16 776
total
-
-
-
87 541
Employee

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

41 246
-
147 530
-
health
2 664
-
9 530
-
pensions
6 393
-
22 867
-
unemployment
58
-
207
-
income
7 113
-
36 483
-
total
16 228
-
69 087
-
Employer

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

41 246
-
147 530
-
unemployment
25
-
89
-
health
2 747
-
9 825
-
pensions
3 650
-
13 056
-
total
6 422
-
22 970
-
Corporate
122 833
170 500
-
-
income
23 338
32 395
-
-
total
23 338
32 395
-
-
Dividends
99 495
138 105
-
-
withholding
14 925
20 716
-
-
total
14 925
20 716
-
-
Income
170 500
170 500
170 500
170 500
Total tax
60 913
53 111
92 057
87 541
After tax
109 587
117 389
78 443
82 959
Living cost
25 018
25 018
25 018
25 018
Free-cash
84 569
92 371
53 425
57 941

Estimated living cost  is ₽25018 per week

₽17169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽118293
₽63723
₽77820
₽19618
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
social contributions
-
-
-
19 437
income
-
-
-
33 234
total
-
-
-
52 671
Employee
57 367
-
-
-
social contributions
4 704
-
670
-
income
12 654
-
-
-
total
17 358
-
670
-
Employer
57 367
-
-
-
social contributions
80 888
-
11 528
-
total
80 888
-
11 528
-
Corporate
32 245
170 500
-
-
income
7 094
37 510
-
-
total
7 094
37 510
-
-
Dividends
25 151
132 990
-
-
income
5 533
29 258
-
-
total
5 533
29 258
-
-
Income
170 500
170 500
170 500
170 500
Total tax
110 873
66 768
12 198
52 671
After tax
59 627
103 732
158 302
117 829
Living cost
40 009
40 009
40 009
40 009
Free-cash
19 618
63 723
118 293
77 820

Estimated living cost  is ₽40009 per week

₽25959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽48729
₽67725
₽61656
₽66784
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

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

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

-
-
-
59 248
income
-
-
-
20 339
total
-
-
-
79 587
Employee
42 898
-
137 777
-
social contributions
4 719
-
15 155
-
surtax
-
-
-
-
income
8 923
-
44 636
-
total
13 642
-
59 791
-
Employer
42 898
-
137 777
-
social contributions
10 188
-
32 723
-
total
10 188
-
32 723
-
Corporate
117 413
170 500
-
-
surtax
-
-
-
-
income
24 657
35 804
-
-
total
24 657
35 804
-
-
Dividends
92 757
134 696
-
-
withholding
25 972
37 714
-
-
total
25 972
37 714
-
-
Income
170 500
170 500
170 500
170 500
Total tax
74 459
73 518
92 514
79 587
After tax
96 041
96 982
77 986
90 913
Living cost
29 257
29 257
29 257
29 257
Free-cash
66 784
67 725
48 729
61 656

Estimated living cost  is ₽29257 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽47933
₽40881
₽50932
₽47291
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
5 285
social contributions
-
-
-
4 857
income
-
-
-
27 161
pensions
-
-
-
29 811
health
-
-
-
7 404
total
-
-
-
74 518
Employee
58 419
-
131 772
-
social contributions
1 664
-
3 754
-
pensions
6 608
-
9 240
-
surtax
-
-
-
-
income
5 097
-
25 794
-
total
13 369
-
38 788
-
Employer
58 419
-
131 772
-
unemployment
2 367
-
5 337
-
health
4 089
-
12 283
-
pensions
9 599
-
15 541
-
other
2 016
-
5 173
-
social contributions
175
-
395
-
total
18 246
-
38 729
-
Corporate
93 836
170 500
-
-
surtax
-
-
-
-
income
26 274
47 740
-
-
total
26 274
47 740
-
-
Dividends
67 561
122 760
-
-
withholding
8 648
15 713
-
-
surtax
-
-
-
-
social contributions
11 622
21 116
-
-
total
20 270
36 829
-
-
Income
170 500
170 500
170 500
170 500
Total tax
78 159
84 569
77 517
74 518
After tax
92 341
85 931
92 983
95 982
Living cost
45 050
45 050
45 050
45 050
Free-cash
47 291
40 881
47 933
50 932

Estimated living cost  is ₽45050 per week

₽30489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽101847
₽125411
₽97317
₽122278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 634
social contributions
-
-
-
37 511
total
-
-
-
45 145
Employee
29 986
-
147 619
-
social contributions
1 949
-
9 595
-
income
-
-
8 139
-
total
1 949
-
17 734
-
Employer
29 986
-
147 619
-
social contributions
4 648
-
22 881
-
total
4 648
-
22 881
-
Corporate
135 866
170 500
-
-
income
13 587
17 051
-
-
total
13 587
17 051
-
-
Dividends
122 279
153 449
-
-
total
-
-
-
-
Income
170 500
170 500
170 500
170 500
Total tax
20 184
17 051
40 615
45 145
After tax
150 316
153 449
129 885
125 355
Living cost
28 038
28 038
28 038
28 038
Free-cash
122 278
125 411
101 847
97 317

Estimated living cost  is ₽28038 per week

₽18129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽32726
-₽32726
₽55278
-₽32726
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 700
labour market
-
-
-
13 575
national
-
-
-
20 217
pensions
-
-
-
809
total
-
-
-
70 301
Employee
189 602
189 602
189 602
-
pensions
270
270
270
-
national
23 163
23 163
23 163
-
labour market
15 147
15 147
15 147
-
municipal
40 375
40 375
40 375
-
total
78 955
78 955
78 955
-
Employer
189 602
189 602
189 602
-
pensions
539
539
539
-
national
23 204
23 204
23 204
-
labour market
15 168
15 168
15 168
-
municipal
40 439
40 439
40 439
-
total
79 350
79 350
79 350
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
170 500
170 500
170 500
170 500
Total tax
158 305
158 305
158 305
70 301
After tax
12 195
12 195
12 195
100 199
Living cost
44 921
44 921
44 921
44 921
Free-cash
-32 726
-32 726
-32 726
55 278

Estimated living cost  is ₽44921 per week

₽30745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽691
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
₽72220
-₽6711
₽96019
₽10662
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
other
-
-
-
351
income
-
-
-
47 365
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
53 959
Employee
32 282
-
153 735
-
health
3 697
-
17 603
-
pensions
3 635
-
7 223
-
income
4 429
-
36 166
-
total
11 761
-
60 992
-
Employer
32 282
-
153 735
-
unemployment
791
-
3 767
-
accident
539
-
2 568
-
pensions
5 249
-
10 431
-
total
6 579
-
16 766
-
Corporate
131 638
170 500
-
-
income

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

118 475
153 450
-
-
total
118 475
153 450
-
-
Dividends
13 164
17 050
-
-
withholding
2 501
3 239
-
-
total
2 501
3 239
-
-
Income
170 500
170 500
170 500
170 500
Total tax
139 316
156 689
77 758
53 959
After tax
31 184
13 811
92 742
116 541
Living cost
20 522
20 522
20 522
20 522
Free-cash
10 662
-6 711
72 220
96 019

Estimated living cost  is ₽20522 per week

₽14938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽53237
₽70643
₽73260
₽73137
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 287
national
-
-
-
28 907
health
-
-
-
2 236
total
-
-
-
61 430
Employee
49 073
-
143 433
-
health
366
-
1 820
-
pensions
3 312
-
9 682
-
unemployment
736
-
2 152
-
national
811
-
17 372
-
municipal
8 038
-
23 361
-
total
13 263
-
54 387
-
Employer
49 073
-
143 433
-
unemployment
319
-
933
-
accident
50
-
143
-
health
377
-
1 105
-
pensions
8 514
-
24 885
-
total
9 260
-
27 066
-
Corporate
112 168
170 500
-
-
income
22 433
34 100
-
-
total
22 433
34 100
-
-
Dividends

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

67 301
102 300
-
-
national
4 483
11 533
-
-
municipal
12 114
18 414
-
-
total
16 597
29 947
-
-
Income
170 500
170 500
170 500
170 500
Total tax
61 553
64 047
81 453
61 430
After tax
108 947
106 453
89 047
109 070
Living cost
35 810
35 810
35 810
35 810
Free-cash
73 137
70 643
53 237
73 260

Estimated living cost  is ₽35810 per week

₽23391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽93148
₽102764
₽94633
₽97690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
social contributions
-
-
-
15 091
income
-
-
-
34 834
health
-
-
-
4 347
total
-
-
-
54 272
Employee
71 723
71 723
159 520
-
health
556
1 220
2 712
-
social contributions
2 712
5 953
8 029
-
income
7 809
6 639
34 036
-
total
11 077
13 812
44 777
-
Employer
71 723
71 723
159 520
-
health
604
1 328
2 951
-
social contributions
2 712
5 953
8 029
-
total
3 316
7 281
10 980
-
Corporate
134 513
91 497
-
-
income
16 814
11 438
-
-
total
16 814
11 438
-
-
Dividends
117 699
80 059
-
-
withholding
20 008
13 610
-
-
total
20 008
13 610
-
-
Income
170 500
170 500
170 500
170 500
Total tax
51 215
46 141
55 757
54 272
After tax
119 285
124 359
114 743
116 228
Living cost
21 595
21 595
21 595
21 595
Free-cash
97 690
102 764
93 148
94 633

Estimated living cost  is ₽21595 per week

₽12942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽110247
₽126383
₽128958
₽121638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27
income
-
-
-
17 398
pensions
-
-
-
5 933
health
-
-
-
3 375
total
-
-
-
26 733
Employee

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

21 409
-
161 384
-
health
1 820
-
7 523
-
pensions
3 211
-
13 275
-
unemployment
106
-
443
-
income
1 464
-
15 086
-
total
6 601
-
36 327
-
Employer

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

21 409
-
161 384
-
unemployment
106
-
443
-
health
920
-
3 806
-
pensions
1 177
-
4 868
-
total
2 203
-
9 117
-
Corporate
146 887
170 500
-
-
income
13 220
15 344
-
-
total
13 220
15 344
-
-
Dividends
133 667
155 156
-
-
withholding
12 029
13 964
-
-
total
12 029
13 964
-
-
Income
170 500
170 500
170 500
170 500
Total tax
34 053
29 308
45 444
26 733
After tax
136 447
141 192
125 056
143 767
Living cost
14 809
14 809
14 809
14 809
Free-cash
121 638
126 383
110 247
128 958

Estimated living cost  is ₽14809 per week

₽9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽66052
₽87925
₽69966
₽83807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
48 949
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
74 885
Employee
34 489
-
142 939
-
pensions
1 621
-
4 064
-
unemployment
535
-
1 340
-
other
34
-
87
-
income
6 649
-
45 747
-
total
8 839
-
51 238
-
Employer
34 489
-
142 939
-
unemployment
1 897
-
4 754
-
accident
683
-
1 712
-
pensions
8 139
-
20 403
-
other
276
-
692
-
total
10 995
-
27 561
-
Corporate
125 016
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.

18 752
25 575
-
-
total
18 752
25 575
-
-
Dividends
106 264
144 925
-
-
withholding
22 458
31 351
-
-
total
22 458
31 351
-
-
Income
170 500
170 500
170 500
170 500
Total tax
61 044
56 926
78 799
74 885
After tax
109 456
113 574
91 701
95 615
Living cost
25 649
25 649
25 649
25 649
Free-cash
83 807
87 925
66 052
69 966

Estimated living cost  is ₽25649 per week

₽17313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽107676
₽104493
₽107811
₽104181
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 401
pensions
-
-
-
1 385
health
-
-
-
1 004
total
-
-
-
60 790
Employee
2 893
-
168 941
-
health
145
-
346
-
pensions
260
-
623
-
unemployment
29
-
69
-
income
560
-
58 328
-
total
994
-
59 366
-
Employer
2 893
-
168 941
-
unemployment
58
-
139
-
health
275
-
658
-
pensions
318
-
762
-
total
651
-
1 559
-
Corporate
166 956
170 500
-
-
income
36 730
37 510
-
-
total
36 730
37 510
-
-
Dividends
130 226
132 990
-
-
withholding
26 045
26 598
-
-
total
26 045
26 598
-
-
Income
170 500
170 500
170 500
170 500
Total tax
64 420
64 108
60 925
60 790
After tax
106 080
106 392
109 575
109 710
Living cost
1 899
1 899
1 899
1 899
Free-cash
104 181
104 493
107 676
107 811

Estimated living cost  is ₽1899 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽89578
₽107053
₽89579
₽102464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 034
income
-
-
-
38 728
pensions
-
-
-
17 925
health
-
-
-
7 101
total
-
-
-
64 788
Employee

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

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

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

24 328
-
158 159
-
health
1 253
-
3 551
-
pensions
3 406
-
9 652
-
unemployment
182
-
517
-
income
3 353
-
38 728
-
total
8 194
-
52 448
-
Employer

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

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

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

24 328
-
158 159
-
unemployment
182
-
517
-
health
1 253
-
3 551
-
pensions
2 919
-
8 273
-
total
4 354
-
12 341
-
Corporate
141 817
170 500
-
-
income
21 273
25 575
-
-
total
21 273
25 575
-
-
Dividends
120 545
144 925
-
-
withholding
18 082
21 739
-
-
total
18 082
21 739
-
-
Income
170 500
170 500
170 500
170 500
Total tax
51 903
47 314
64 789
64 788
After tax
118 597
123 186
105 711
105 712
Living cost
16 133
16 133
16 133
16 133
Free-cash
102 464
107 053
89 578
89 579

Estimated living cost  is ₽16133 per week

₽10863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽52840
₽71836
₽65767
₽71499
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

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

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

-
-
-
59 248
income
-
-
-
20 339
total
-
-
-
79 587
Employee
36 201
-
137 777
-
social contributions
3 983
-
15 155
-
surtax
-
-
-
-
income
7 074
-
44 636
-
total
11 057
-
59 791
-
Employer
36 201
-
137 777
-
social contributions
8 597
-
32 723
-
total
8 597
-
32 723
-
Corporate
125 702
170 500
-
-
surtax
-
-
-
-
income
26 396
35 804
-
-
total
26 396
35 804
-
-
Dividends
99 305
134 696
-
-
withholding
27 805
37 714
-
-
total
27 805
37 714
-
-
Income
170 500
170 500
170 500
170 500
Total tax
73 855
73 518
92 514
79 587
After tax
96 645
96 982
77 986
90 913
Living cost
25 146
25 146
25 146
25 146
Free-cash
71 499
71 836
52 840
65 767

Estimated living cost  is ₽25146 per week

₽17810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽58921
₽80794
₽62835
₽74692
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
48 949
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
74 885
Employee
45 047
-
142 939
-
pensions
2 117
-
4 064
-
unemployment
697
-
1 340
-
other
44
-
87
-
income
9 409
-
45 747
-
total
12 267
-
51 238
-
Employer
45 047
-
142 939
-
unemployment
2 478
-
4 754
-
accident
892
-
1 712
-
pensions
10 631
-
20 403
-
other
361
-
692
-
total
14 362
-
27 561
-
Corporate
111 091
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.

16 663
25 575
-
-
total
16 663
25 575
-
-
Dividends
94 428
144 925
-
-
withholding
19 736
31 351
-
-
total
19 736
31 351
-
-
Income
170 500
170 500
170 500
170 500
Total tax
63 028
56 926
78 799
74 885
After tax
107 472
113 574
91 701
95 615
Living cost
32 780
32 780
32 780
32 780
Free-cash
74 692
80 794
58 921
62 835

Estimated living cost  is ₽32780 per week

₽23541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽126922
₽129726
₽120171
₽124037
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
130
income
-
-
-
25 575
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
34 277
Employee
21 255
-
164 105
-
health
978
-
1 499
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 866
-
2 862
-
income
2 126
-
16 410
-
total
5 204
-
21 130
-
Employer
21 255
-
164 105
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

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

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

2 342
-
3 592
-
total
4 171
-
6 396
-
Corporate
145 075
170 500
-
-
income
14 507
17 050
-
-
total
14 507
17 050
-
-
Dividends
130 567
153 450
-
-
withholding
6 529
7 672
-
-
total
6 529
7 672
-
-
Income
170 500
170 500
170 500
170 500
Total tax
30 411
24 722
27 526
34 277
After tax
140 089
145 778
142 974
136 223
Living cost
16 052
16 052
16 052
16 052
Free-cash
124 037
129 726
126 922
120 171

Estimated living cost  is ₽16052 per week

₽10617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽71791
₽51728
₽53547
₽63929
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 936
trade
-
-
-
18 244
income

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

-
-
-
53 391
health

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

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

-
-
-
6 372
total
-
-
-
80 943
Employee

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

46 409
-
170 500
-
health

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

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

6 372
-
6 372
-
surtax

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

211
-
2 936
-
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.

3 816
-
53 391
-
total
10 399
-
62 699
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
124 091
170 500
-
-
chamber of commerce
324
391
-
-
trade
17 807
24 467
-
-
surtax

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

1 023
1 407
-
-
income
18 614
25 575
-
-
total
37 768
51 840
-
-
Dividends
86 324
118 659
-
-
withholding
21 226
29 310
-
-
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.

1 168
1 612
-
-
total
22 394
30 922
-
-
Income
170 500
170 500
170 500
170 500
Total tax
70 561
82 762
62 699
80 943
After tax
99 939
87 738
107 801
89 557
Living cost
36 010
36 010
36 010
36 010
Free-cash
63 929
51 728
71 791
53 547

Estimated living cost  is ₽36010 per week

₽24841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽35997
₽66218
₽35997
₽68278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 782
social contributions
-
-
-
28 589
total
-
-
-
81 371
Employee
72 960
-
170 500
-
social contributions
6 061
-
28 589
-
income
13 767
-
52 782
-
total
19 828
-
81 371
-
Employer
72 960
-
170 500
-
total
-
-
-
-
Corporate
97 540
170 500
-
-
income
12 192
21 313
-
-
total
12 192
21 313
-
-
Dividends
85 348
149 187
-
-
withholding
17 070
29 837
-
-
total
17 070
29 837
-
-
Income
170 500
170 500
170 500
170 500
Total tax
49 090
51 150
81 371
81 371
After tax
121 410
119 350
89 129
89 129
Living cost
53 132
53 132
53 132
53 132
Free-cash
68 278
66 218
35 997
35 997

Estimated living cost  is ₽53132 per week

₽40422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽86992
₽72039
₽104410
₽75298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
170 500
income
-
-
-
26 550
health

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

-
-
-
5 682
total
-
-
-
32 232
Employee
42 788
-
166 209
-
social contributions
4 287
-
4 291
-
income
4 643
-
41 068
-
total
8 930
-
45 359
-
Employer
42 788
-
166 209
-
social contributions
4 287
-
4 291
-
total
4 287
-
4 291
-
Corporate
123 425
170 500
-
-
income
43 199
59 675
-
-
total
43 199
59 675
-
-
Dividends
80 225
110 825
-
-
social contributions
4 928
4 928
-
-
total
4 928
4 928
-
-
Income
170 500
170 500
170 500
170 500
Total tax
61 344
64 603
49 650
32 232
After tax
109 156
105 897
120 850
138 268
Living cost
33 858
33 858
33 858
33 858
Free-cash
75 298
72 039
86 992
104 410

Estimated living cost  is ₽33858 per week

₽22302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽62393
₽76175
₽77799
₽81738
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
income
-
-
-
49 268
pensions
-
-
-
8 551
total
-
-
-
57 819
Employee
47 881
-
148 894
-
health
625
-
2 139
-
pensions
3 654
-
10 480
-
income
8 719
-
39 000
-
total
12 998
-
51 619
-
Employer
47 881
-
148 894
-
health
910
-
2 829
-
pensions
4 837
-
18 777
-
total
5 747
-
21 606
-
Corporate
116 872
170 500
-
-
income

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

22 206
32 396
-
-
total
22 206
32 396
-
-
Dividends
94 666
138 104
-
-
withholding
12 929
27 047
-
-
total
12 929
27 047
-
-
Income
170 500
170 500
170 500
170 500
Total tax
53 880
59 443
73 225
57 819
After tax
116 620
111 057
97 275
112 681
Living cost
34 882
34 882
34 882
34 882
Free-cash
81 738
76 175
62 393
77 799

Estimated living cost  is ₽34882 per week

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

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
₽70188
-₽8743
₽93987
₽10352
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
other
-
-
-
351
income
-
-
-
47 365
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
53 959
Employee
35 478
-
153 735
-
health
4 062
-
17 603
-
pensions
3 995
-
7 223
-
income
4 867
-
36 166
-
total
12 924
-
60 992
-
Employer
35 478
-
153 735
-
unemployment
869
-
3 767
-
accident
592
-
2 568
-
pensions
5 768
-
10 431
-
total
7 229
-
16 766
-
Corporate
127 792
170 500
-
-
income

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

115 013
153 450
-
-
total
115 013
153 450
-
-
Dividends
12 779
17 050
-
-
withholding
2 428
3 239
-
-
total
2 428
3 239
-
-
Income
170 500
170 500
170 500
170 500
Total tax
137 594
156 689
77 758
53 959
After tax
32 906
13 811
92 742
116 541
Living cost
22 554
22 554
22 554
22 554
Free-cash
10 352
-8 743
70 188
93 987

Estimated living cost  is ₽22554 per week

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

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽109166
₽130869
₽88642
₽126501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 791
health insurance
-
-
-
11 046
income
-
-
-
28 203
pensions
-
-
-
27 465
work injury
-
-
-
746
total
-
-
-
69 251
Employee

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

20 172
-
170 500
-
pensions
3 712
-
13 732
-
unemployment
242
-
896
-
work injury
101
-
373
-
health insurance
1 493
-
5 523
-
income
2 017
-
28 203
-
total
7 565
-
48 727
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
150 328
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%.

1 503
1 705
-
-
total
1 503
1 705
-
-
Dividends
148 825
168 795
-
-
withholding
22 324
25 319
-
-
total
22 324
25 319
-
-
Income
170 500
170 500
170 500
170 500
Total tax
31 392
27 024
48 727
69 251
After tax
139 108
143 476
121 773
101 249
Living cost
12 607
12 607
12 607
12 607
Free-cash
126 501
130 869
109 166
88 642

Estimated living cost  is ₽12607 per week

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

Source of data for Skopje model

Close
Rome , Italy
₽34462
₽52650
₽41945
₽48407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
43 853
national
-
-
-
42 491
regional
-
-
-
3 913
total
-
-
-
91 397
Employee
78 598
-
170 500
-
social contributions
26 503
-
57 492
-
national
13 282
-
36 898
-
regional
1 187
-
3 472
-
municipal
469
-
1 018
-
total
41 441
-
98 880
-
Employer
78 598
-
170 500
-
total
-
-
-
-
Corporate
91 902
170 500
-
-
municipal
4 430
8 218
-
-
nationa
22 056
40 920
-
-
total
26 486
49 138
-
-
Dividends
65 415
121 362
-
-
withholding
17 008
31 554
-
-
total
17 008
31 554
-
-
Income
170 500
170 500
170 500
170 500
Total tax
84 935
80 692
98 880
91 397
After tax
85 565
89 808
71 620
79 103
Living cost
37 158
37 158
37 158
37 158
Free-cash
48 407
52 650
34 462
41 945

Estimated living cost  is ₽37158 per week

₽26101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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