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
₽58905
₽78438
₽66778
₽55717
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
170 500
trade
-
-
-
19 533
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.

-
-
-
6 831
income

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

-
-
-
52 080
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.

-
-
-
2 865
total
-
-
-
81 309
Employee

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

38 244
-
170 500
-
surtax

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

59
-
2 865
-
income

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

1 068
-
52 080
-
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.

6 831
-
6 831
-
total
7 958
-
61 776
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
132 256
170 500
-
-
trade
20 830
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.

1 091
1 406
-
-
income
19 838
25 574
-
-
chamber of commerce
342
397
-
-
total
42 101
54 230
-
-
Dividends
90 155
116 270
-
-
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.

1 218
1 579
-
-
withholding
22 159
28 688
-
-
total
23 377
30 267
-
-
Income
170 500
170 500
170 500
170 500
Total tax
73 436
84 497
61 776
81 309
After tax
97 064
86 003
108 724
89 191
Living cost
30 286
30 286
30 286
30 286
Free-cash
66 778
55 717
78 438
58 905

Estimated living cost  is ₽30286 per week

₽19051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50230
₽51466
₽55110
₽55950
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
social contributions
-
-
-
1 833
municipal
-
-
-
18 644
national
-
-
-
28 891
pensions
-
-
-
20 460
total
-
-
-
69 828
Employee
78 195
-
147 396
-
pensions
3 128
-
5 896
-
national
14 966
-
30 015
-
municipal
9 658
-
19 304
-
total
27 752
-
55 215
-
Employer
78 195
-
147 396
-
pensions
6 256
-
11 792
-
social contributions
841
-
1 585
-
total
7 097
-
13 377
-
Corporate
80 048
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%.

16 010
34 100
-
-
total
16 010
34 100
-
-
Dividends
64 039
136 400
-
-
withholding
14 089
30 008
-
-
total
14 089
30 008
-
-
Income
170 500
170 500
170 500
170 500
Total tax
64 948
64 108
68 592
69 828
After tax
105 552
106 392
101 908
100 672
Living cost
50 442
50 442
50 442
50 442
Free-cash
55 110
55 950
51 466
50 230

Estimated living cost  is ₽50442 per week

₽34285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37552
₽50082
₽107396
₽115598
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
170 500
social contributions

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

-
-
-
38 310
income
-
-
-
30 359
microenterprise
-
-
-
-
surtax
-
-
-
43 477
total
-
-
-
112 146
Employee
29 217
-
127 742
-
income
5 201
-
25 227
-
social contributions

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

3 214
-
13 108
-
surtax
-
-
18 523
-
total
8 415
-
56 858
-
Employer
29 217
-
127 742
-
social contributions

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

7 038
-
28 707
-
surtax
-
-
14 051
-
total
7 038
-
42 758
-
Corporate
134 245
170 500
-
-
income

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

26 849
34 100
-
-
total
26 849
34 100
-
-
Dividends

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

107 396
136 400
-
-
total
-
-
-
-
Income
170 500
170 500
170 500
170 500
Total tax
42 302
34 100
99 616
112 146
After tax
128 198
136 400
70 884
58 354
Living cost
20 802
20 802
20 802
20 802
Free-cash
107 396
115 598
50 082
37 552

Estimated living cost  is ₽20802 per week

₽13271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52635
₽64025
₽36317
₽42443
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
health
-
-
-
12 330
income
-
-
-
51 933
pensions
-
-
-
11 715
total
-
-
-
75 978
Employee
85 386
85 386
151 918
-
income

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

13 976
13 976
21 961
-
pensions
15 370
11 715
11 715
-
health
13 106
11 148
12 330
-
total
42 452
36 839
46 006
-
Employer
85 386
85 386
151 918
-
pensions
5 943
5 943
7 387
-
health
5 935
5 935
7 375
-
unemployment
3 074
3 074
3 820
-
total
14 952
14 952
18 582
-
Corporate
71 209
70 162
-
-
income
14 242
14 032
-
-
total
14 242
14 032
-
-
Dividends
56 967
56 130
-
-
withholding
8 544
8 419
-
-
income
12 106
11 928
-
-
total
20 650
20 347
-
-
Income
170 500
170 500
170 500
170 500
Total tax
92 296
86 170
64 588
75 978
After tax
78 204
84 330
105 912
94 522
Living cost
41 887
41 887
41 887
41 887
Free-cash
36 317
42 443
64 025
52 635

Estimated living cost  is ₽41887 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49055
₽48122
₽53783
₽54645
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 792
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
43 564
health
-
-
-
5 258
national
-
-
-
15 022
pensions
-
-
-
9 109
total
-
-
-
82 997
Employee
54 785
-
144 024
-
national
-
-
14 506
-
municipal
16 337
-
42 948
-
total
16 337
-
57 454
-
Employer
54 785
-
144 024
-
pensions
5 922
-
9 109
-
other
6 366
-
9 792
-
accident
110
-
168
-
health
3 369
-
5 182
-
unemployment
1 446
-
2 225
-
total
17 213
-
26 476
-
Corporate
98 502
170 500
-
-
income
21 670
37 510
-
-
total
21 670
37 510
-
-
Dividends
76 831
132 990
-
-
withholding
23 049
39 897
-
-
total
23 049
39 897
-
-
Income
170 500
170 500
170 500
170 500
Total tax
78 269
77 407
83 930
82 997
After tax
92 231
93 093
86 570
87 503
Living cost
38 448
38 448
38 448
38 448
Free-cash
53 783
54 645
48 122
49 055

Estimated living cost  is ₽38448 per week

₽25482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49044
₽69444
₽59893
₽45846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
170 500
trade
-
-
-
20 400
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.

-
-
-
6 831
income

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

-
-
-
52 080
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.

-
-
-
2 865
total
-
-
-
82 176
Employee

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

50 706
-
170 500
-
surtax

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

239
-
2 865
-
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.

4 357
-
52 080
-
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.

6 831
-
6 831
-
total
11 427
-
61 776
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
119 794
170 500
-
-
trade
19 705
28 047
-
-
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.

989
1 406
-
-
income
17 969
25 574
-
-
chamber of commerce
323
395
-
-
total
38 986
55 422
-
-
Dividends
80 808
115 079
-
-
surtax

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

1 091
1 562
-
-
withholding
19 823
28 390
-
-
total
20 914
29 952
-
-
Income
170 500
170 500
170 500
170 500
Total tax
71 327
85 374
61 776
82 176
After tax
99 173
85 126
108 724
88 324
Living cost
39 280
39 280
39 280
39 280
Free-cash
59 893
45 846
69 444
49 044

Estimated living cost  is ₽39280 per week

₽26271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84388
₽82871
₽87822
₽91970
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 178
health
-
-
-
4 347
income
-
-
-
33 156
total
-
-
-
53 681
Employee
76 887
76 887
158 952
-
income
8 074
7 117
32 341
-
social contributions
3 736
6 381
8 607
-
health
765
1 307
2 702
-
total
12 575
14 805
43 650
-
Employer
76 887
76 887
158 952
-
health
833
1 423
2 941
-
social contributions
3 736
6 381
8 607
-
total
4 569
7 804
11 548
-
Corporate
120 925
85 809
-
-
income
15 115
10 726
-
-
total
15 115
10 726
-
-
Dividends
105 810
75 083
-
-
withholding
17 988
12 764
-
-
total
17 988
12 764
-
-
Income
170 500
170 500
170 500
170 500
Total tax
50 247
46 099
55 198
53 681
After tax
120 253
124 401
115 302
116 819
Living cost
32 431
32 431
32 431
32 431
Free-cash
87 822
91 970
82 871
84 388

Estimated living cost  is ₽32431 per week

₽22170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
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.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99877
₽80605
₽77934
₽77555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
unemployment
-
-
-
2 558
health
-
-
-
11 935
income
-
-
-
20 844
pensions
-
-
-
17 050
total
-
-
-
52 387
Employee

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
142 678
-
income
3 218
1 281
17 442
-
pensions
2 632
1 048
14 268
-
unemployment
395
157
2 140
-
health
1 843
733
9 987
-
total
8 088
3 219
43 837
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
142 678
-
pensions
5 133
2 043
27 822
-
total
5 133
2 043
27 822
-
Corporate
139 044
157 981
-
-
income
12 514
14 218
-
-
total
12 514
14 218
-
-
Dividends
126 530
143 763
-
-
social contributions
24 554
27 914
-
-
withholding
24 041
27 315
-
-
total
48 595
55 229
-
-
Income
170 500
170 500
170 500
170 500
Total tax
74 330
74 709
71 659
52 387
After tax
96 170
95 791
98 841
118 113
Living cost
18 236
18 236
18 236
18 236
Free-cash
77 934
77 555
80 605
99 877

Estimated living cost  is ₽18236 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67238
₽74124
₽106038
₽112249
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
health
-
-
-
22 164
income
-
-
-
22 847
pensions
-
-
-
34 100
total
-
-
-
79 111
Employee
28 365
-
127 429
-
income
3 193
-
24 568
-
pensions
567
-
2 548
-
unemployment
453
-
2 040
-
total
4 213
-
29 156
-
Employer
28 365
-
127 429
-
pensions
5 673
-
25 485
-
health
3 687
-
16 565
-
unemployment
228
-
1 019
-
total
9 588
-
43 069
-
Corporate
132 547
170 500
-
-
income
26 510
34 100
-
-
total
26 510
34 100
-
-
Dividends
106 037
136 400
-
-
total
-
-
-
-
Income
170 500
170 500
170 500
170 500
Total tax
40 311
34 100
72 225
79 111
After tax
130 189
136 400
98 275
91 389
Living cost
24 151
24 151
24 151
24 151
Free-cash
106 038
112 249
74 124
67 238

Estimated living cost  is ₽24151 per week

₽16565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
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.
₽5662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94658
₽70524
₽10449
-₽8103
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
46 990
pensions
-
-
-
4 145
total
-
-
-
53 928
Employee
34 472
-
153 213
-
income
4 729
-
35 633
-
pensions
3 882
-
7 599
-
health
3 947
-
17 543
-
total
12 558
-
60 775
-
Employer
34 472
-
153 213
-
pensions
5 605
-
10 974
-
accident
575
-
2 559
-
unemployment
845
-
3 754
-
total
7 025
-
17 287
-
Corporate
129 003
170 500
-
-
income

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

116 103
153 450
-
-
total
116 103
153 450
-
-
Dividends
12 901
17 050
-
-
withholding
2 451
3 239
-
-
total
2 451
3 239
-
-
Income
170 500
170 500
170 500
170 500
Total tax
138 137
156 689
78 062
53 928
After tax
32 363
13 811
92 438
116 572
Living cost
21 914
21 914
21 914
21 914
Free-cash
10 449
-8 103
70 524
94 658

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159784
₽127389
₽151275
₽152964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 263
-
170 500
-
income
2 252
-
34 100
-
total
2 252
-
34 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

159 237
170 500
-
-
total
-
-
-
-
Dividends
159 237
170 500
-
-
withholding
7 962
8 525
-
-
total
7 962
8 525
-
-
Income
170 500
170 500
170 500
170 500
Total tax
10 214
8 525
34 100
1 705
After tax
160 286
161 975
136 400
168 795
Living cost
9 011
9 011
9 011
9 011
Free-cash
151 275
152 964
127 389
159 784

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67661
₽70124
₽91873
₽98623
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 222
health
-
-
-
6 690
income
-
-
-
25 792
pensions

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

-
-
-
36 492
total
-
-
-
76 196
Employee
36 305
-
136 182
-
income
6 250
-
26 614
-
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.

2 541
-
9 533
-
unemployment
362
-
1 362
-
health
509
-
1 907
-
total
9 662
-
39 416
-
Employer
36 305
-
136 182
-
pensions

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

6 172
-
23 151
-
other
1 816
-
6 808
-
accident
290
-
1 089
-
health
509
-
1 907
-
unemployment
362
-
1 362
-
total
9 149
-
34 317
-
Corporate
125 045
170 500
-
-
income
26 259
35 805
-
-
total
26 259
35 805
-
-
Dividends
98 786
134 695
-
-
withholding
6 914
9 429
-
-
total
6 914
9 429
-
-
Income
170 500
170 500
170 500
170 500
Total tax
51 984
45 234
73 733
76 196
After tax
118 516
125 266
96 767
94 304
Living cost
26 643
26 643
26 643
26 643
Free-cash
91 873
98 623
70 124
67 661

Estimated living cost  is ₽26643 per week

₽18825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46308
₽30841
₽46683
₽45069
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
income
-
-
-
48 024
pensions
-
-
-
8 915
total
-
-
-
56 939
Employee
95 153
-
149 002
-
income
17 152
-
37 711
-
pensions
9 180
-
11 014
-
health
1 568
-
2 186
-
total
27 900
-
50 911
-
Employer
95 153
-
149 002
-
pensions
11 235
-
18 665
-
health
1 807
-
2 830
-
total
13 042
-
21 495
-
Corporate
62 305
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.

11 837
32 396
-
-
total
11 837
32 396
-
-
Dividends
50 468
138 104
-
-
withholding
3 785
25 782
-
-
total
3 785
25 782
-
-
Income
170 500
170 500
170 500
170 500
Total tax
56 564
58 178
72 406
56 939
After tax
113 936
112 322
98 094
113 561
Living cost
67 253
67 253
67 253
67 253
Free-cash
46 683
45 069
30 841
46 308

Estimated living cost  is ₽67253 per week

₽50394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7902
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.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽122494
₽129121
₽128026
₽132670
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
140
health
-
-
-
4 016
income
-
-
-
25 575
pensions

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

-
-
-
5 168
total
-
-
-
34 899
Employee
17 356
-
163 649
-
income
1 735
-
16 365
-
pensions

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

1 524
-
3 066
-
health
798
-
1 606
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 248
-
21 421
-
Employer
17 356
-
163 649
-
pensions

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

1 913
-
3 848
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 409
-
unemployment
104
-
210
-
total
3 406
-
6 851
-
Corporate
149 738
170 500
-
-
income
14 974
17 050
-
-
total
14 974
17 050
-
-
Dividends
134 764
153 450
-
-
withholding
6 739
7 673
-
-
total
6 739
7 673
-
-
Income
170 500
170 500
170 500
170 500
Total tax
29 367
24 723
28 272
34 899
After tax
141 133
145 777
142 228
135 601
Living cost
13 107
13 107
13 107
13 107
Free-cash
128 026
132 670
129 121
122 494

Estimated living cost  is ₽13107 per week

₽7652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39077
₽50467
₽31400
₽28885
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
health
-
-
-
12 330
income
-
-
-
51 933
pensions
-
-
-
11 715
total
-
-
-
75 978
Employee
92 702
85 386
151 918
-
income

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

13 976
13 976
21 961
-
pensions
11 715
11 715
11 715
-
health
11 565
11 148
12 330
-
total
37 256
36 839
46 006
-
Employer
92 702
85 386
151 918
-
pensions
6 451
5 943
7 387
-
health
6 442
5 935
7 375
-
unemployment
3 338
3 074
3 820
-
total
16 231
14 952
18 582
-
Corporate
61 567
70 162
-
-
income
12 313
14 032
-
-
total
12 313
14 032
-
-
Dividends
49 254
56 130
-
-
withholding
7 389
8 419
-
-
income
10 466
11 928
-
-
total
17 855
20 347
-
-
Income
170 500
170 500
170 500
170 500
Total tax
83 655
86 170
64 588
75 978
After tax
86 845
84 330
105 912
94 522
Living cost
55 445
55 445
55 445
55 445
Free-cash
31 400
28 885
50 467
39 077

Estimated living cost  is ₽55445 per week

₽40900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71979
₽64506
₽84811
₽93377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 552
health
-
-
-
23 017
income
-
-
-
16 940
solidarity contribution
-
-
-
-
total
-
-
-
74 509
Employee
35 311
-
129 282
-
income
4 237
-
15 621
-
solidarity contribution
-
-
-
-
social contributions
2 295
-
7 691
-
health
4 767
-
17 453
-
total
11 299
-
40 765
-
Employer
35 311
-
129 282
-
health
3 178
-
11 635
-
social contributions
8 828
-
29 582
-
total
12 006
-
41 217
-
Corporate
123 183
170 500
-
-
income
23 405
32 395
-
-
total
23 405
32 395
-
-
Dividends
99 778
138 105
-
-
withholding
14 967
20 716
-
-
total
14 967
20 716
-
-
Income
170 500
170 500
170 500
170 500
Total tax
61 677
53 111
81 982
74 509
After tax
108 823
117 389
88 518
95 991
Living cost
24 012
24 012
24 012
24 012
Free-cash
84 811
93 377
64 506
71 979

Estimated living cost  is ₽24012 per week

₽16679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Brno model

Close
Milan , Italy
₽39623
₽31922
₽43556
₽48777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
social contributions
-
-
-
43 853
municipal
-
-
-
1 013
national
-
-
-
41 813
regional
-
-
-
2 006
total
-
-
-
88 685
Employee
88 864
-
170 500
-
national
15 398
-
36 219
-
social contributions
29 965
-
57 493
-
municipal
471
-
903
-
regional
838
-
1 771
-
total
46 672
-
96 386
-
Employer
88 864
-
170 500
-
total
-
-
-
-
Corporate
81 636
170 500
-
-
nationa
19 593
40 921
-
-
municipal
3 184
6 649
-
-
total
22 777
47 570
-
-
Dividends
58 859
122 930
-
-
withholding
15 303
31 961
-
-
total
15 303
31 961
-
-
Income
170 500
170 500
170 500
170 500
Total tax
84 752
79 531
96 386
88 685
After tax
85 748
90 969
74 114
81 815
Living cost
42 192
42 192
42 192
42 192
Free-cash
43 556
48 777
31 922
39 623

Estimated living cost  is ₽42192 per week

₽29411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58693
₽52544
₽82068
₽85180
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 474
income
-
-
-
46 308
surtax
-
-
-
7 043
pensions
-
-
-
26 690
total
-
-
-
89 743
Employee
33 066
-
142 410
-
income
5 543
-
40 327
-
pensions
2 205
-
8 901
-
unemployment
2 302
-
9 288
-
health
844
-
3 402
-
other
-
-
-
-
surtax
108
-
5 884
-
total
11 002
-
67 802
-
Employer
33 066
-
142 410
-
pensions
4 408
-
17 789
-
other
-
-
-
-
health
1 505
-
6 072
-
unemployment
1 047
-
4 229
-
total
6 960
-
28 090
-
Corporate
130 474
170 500
-
-
income
33 923
44 331
-
-
total
33 923
44 331
-
-
Dividends
96 551
126 169
-
-
withholding
14 483
18 925
-
-
total
14 483
18 925
-
-
Income
170 500
170 500
170 500
170 500
Total tax
66 368
63 256
95 892
89 743
After tax
104 132
107 244
74 608
80 757
Living cost
22 064
22 064
22 064
22 064
Free-cash
82 068
85 180
52 544
58 693

Estimated living cost  is ₽22064 per week

₽13491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67615
₽52148
₽73018
₽66376
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
income
-
-
-
48 024
pensions
-
-
-
8 915
total
-
-
-
56 939
Employee
63 769
-
149 002
-
income
11 485
-
37 711
-
pensions
5 413
-
11 014
-
health
926
-
2 186
-
total
17 824
-
50 911
-
Employer
63 769
-
149 002
-
pensions
6 903
-
18 665
-
health
1 211
-
2 830
-
total
8 114
-
21 495
-
Corporate
98 616
170 500
-
-
income

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

18 738
32 396
-
-
total
18 738
32 396
-
-
Dividends
79 878
138 104
-
-
withholding
6 860
25 782
-
-
total
6 860
25 782
-
-
Income
170 500
170 500
170 500
170 500
Total tax
51 536
58 178
72 406
56 939
After tax
118 964
112 322
98 094
113 561
Living cost
45 946
45 946
45 946
45 946
Free-cash
73 018
66 376
52 148
67 615

Estimated living cost  is ₽45946 per week

₽34422
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.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽62557
₽54672
₽34722
₽2384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
other

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

-
-
-
3 411
health
-
-
-
384
city
-
-
-
1 798
national
-
-
-
2 739
regional
-
-
-
8 343
pensions
-
-
-
15 687
total
-
-
-
32 362
Employee
88 449
-
152 606
-
pensions
7 431
-
12 820
-
national
419
-
2 039
-
unemployment
-
-
-
-
city
949
-
1 640
-
health
200
-
344
-
regional
2 896
-
7 188
-
total
11 895
-
24 031
-
Employer
88 449
-
152 606
-
pensions
7 431
-
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.

1 768
-
3 052
-
health
200
-
344
-
unemployment
-
-
-
-
total
9 399
-
16 216
-
Corporate
71 679
170 500
-
-
regional
15 161
36 062
-
-
national
6 093
14 493
-
-
total
21 254
50 555
-
-
Dividends
50 425
119 945
-
-
withholding
17 649
41 980
-
-
total
17 649
41 980
-
-
Income
170 500
170 500
170 500
170 500
Total tax
60 197
92 535
40 247
32 362
After tax
110 303
77 965
130 253
138 138
Living cost
75 581
75 581
75 581
75 581
Free-cash
34 722
2 384
54 672
62 557

Estimated living cost  is ₽75581 per week

₽49149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽41650
₽62919
₽54660
₽38447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
170 500
trade
-
-
-
21 269
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.

-
-
-
6 831
income

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

-
-
-
52 080
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.

-
-
-
2 865
total
-
-
-
83 045
Employee

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

60 091
-
170 500
-
surtax

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

389
-
2 865
-
income

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

7 066
-
52 080
-
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.

6 831
-
6 831
-
total
14 286
-
61 776
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 409
170 500
-
-
trade
18 935
29 240
-
-
surtax

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

911
1 406
-
-
income
16 561
25 574
-
-
chamber of commerce
307
391
-
-
total
36 714
56 611
-
-
Dividends
73 694
113 889
-
-
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.

992
1 545
-
-
withholding
18 043
28 092
-
-
total
19 035
29 637
-
-
Income
170 500
170 500
170 500
170 500
Total tax
70 035
86 248
61 776
83 045
After tax
100 465
84 252
108 724
87 455
Living cost
45 805
45 805
45 805
45 805
Free-cash
54 660
38 447
62 919
41 650

Estimated living cost  is ₽45805 per week

₽33454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61963
₽60103
₽57627
₽51725
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
other
-
-
-
5 286
social contributions
-
-
-
4 858
health
-
-
-
7 034
income
-
-
-
26 211
surtax
-
-
-
-
pensions
-
-
-
30 939
total
-
-
-
74 328
Employee
42 794
-
132 431
-
income
2 526
-
25 335
-
pensions
4 839
-
9 011
-
social contributions
1 220
-
3 774
-
surtax
-
-
-
-
total
8 585
-
38 120
-
Employer
42 794
-
132 431
-
pensions
7 030
-
15 205
-
other
1 476
-
5 082
-
health
2 996
-
12 020
-
unemployment
1 732
-
5 364
-
social contributions
129
-
397
-
total
13 363
-
38 068
-
Corporate
114 342
170 500
-
-
surtax
-
-
-
-
income
32 016
47 740
-
-
total
32 016
47 740
-
-
Dividends
82 326
122 760
-
-
surtax
-
-
-
-
social contributions
14 161
21 113
-
-
withholding
10 539
15 713
-
-
total
24 700
36 826
-
-
Income
170 500
170 500
170 500
170 500
Total tax
78 664
84 566
76 188
74 328
After tax
91 836
85 934
94 312
96 172
Living cost
34 209
34 209
34 209
34 209
Free-cash
57 627
51 725
60 103
61 963

Estimated living cost  is ₽34209 per week

₽21570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65352
₽63492
₽60665
₽55114
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
other
-
-
-
5 286
social contributions
-
-
-
4 858
health
-
-
-
7 034
income
-
-
-
26 211
surtax
-
-
-
-
pensions
-
-
-
30 939
total
-
-
-
74 328
Employee
38 199
-
132 431
-
income
1 970
-
25 335
-
pensions
4 321
-
9 011
-
social contributions
1 089
-
3 774
-
surtax
-
-
-
-
total
7 380
-
38 120
-
Employer
38 199
-
132 431
-
pensions
6 277
-
15 205
-
other
1 319
-
5 082
-
health
2 674
-
12 020
-
unemployment
1 546
-
5 364
-
social contributions
114
-
397
-
total
11 930
-
38 068
-
Corporate
120 371
170 500
-
-
surtax
-
-
-
-
income
33 705
47 740
-
-
total
33 705
47 740
-
-
Dividends
86 666
122 760
-
-
surtax
-
-
-
-
social contributions
14 907
21 113
-
-
withholding
11 093
15 713
-
-
total
26 000
36 826
-
-
Income
170 500
170 500
170 500
170 500
Total tax
79 015
84 566
76 188
74 328
After tax
91 485
85 934
94 312
96 172
Living cost
30 820
30 820
30 820
30 820
Free-cash
60 665
55 114
63 492
65 352

Estimated living cost  is ₽30820 per week

₽17874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88294
₽84943
₽83337
₽82821
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
social contributions
-
-
-
23 529
health
-
-
-
11 901
income
-
-
-
25 574
total
-
-
-
61 004
Employee
33 902
-
170 500
-
income
5 654
-
28 925
-
social contributions
4 679
-
23 529
-
health
2 366
-
11 901
-
total
12 699
-
64 355
-
Employer
33 902
-
170 500
-
total
-
-
-
-
Corporate
136 598
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%.

6 829
8 525
-
-
total
6 829
8 525
-
-
Dividends
129 769
161 975
-
-
social contributions
17 908
22 352
-
-
health
9 059
11 305
-
-
withholding
19 466
24 295
-
-
total
46 433
57 952
-
-
Income
170 500
170 500
170 500
170 500
Total tax
65 961
66 477
64 355
61 004
After tax
104 539
104 023
106 145
109 496
Living cost
21 202
21 202
21 202
21 202
Free-cash
83 337
82 821
84 943
88 294

Estimated living cost  is ₽21202 per week

₽14189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52262
₽10039
₽57612
₽59159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
681
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
45 450
surtax
-
-
-
197
pensions
-
-
-
21 610
total
-
-
-
83 006
Employee
49 970
39 847
135 332
-
income
5 689
2 939
36 020
-
pensions
5 117
4 080
11 962
-
unemployment
1 499
1 195
3 505
-
health
1 934
1 543
4 520
-
other
499
398
1 169
-
total
14 738
10 155
57 176
-
Employer
49 970
39 847
135 332
-
pensions
6 271
5 002
14 660
-
other
2 374
1 892
6 271
-
accident
649
518
1 518
-
health
1 888
1 507
4 415
-
payroll
1 499
1 195
4 061
-
chamber of commerce
199
159
541
-
unemployment
1 499
1 195
3 505
-
surtax
197
197
197
-
total
14 576
11 665
35 168
-
Corporate
105 954
118 987
131 537
-
income

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

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

26 489
29 747
32 885
-
total
26 489
29 747
32 885
-
Dividends
79 465
89 241
-
-
withholding
21 853
24 542
-
-
total
21 853
24 542
-
-
Income
170 500
170 500
170 500
170 500
Total tax
77 656
76 109
125 229
83 006
After tax
92 844
94 391
45 271
87 494
Living cost
35 232
35 232
35 232
35 232
Free-cash
57 612
59 159
10 039
52 262

Estimated living cost  is ₽35232 per week

₽23498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37426
₽23884
₽43915
₽58910
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 929
communal

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

-
-
-
8 734
national
-
-
-
62 954
total
-
-
-
96 617
Employee

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

71 523
-
132 057
-
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.

5 364
-
9 905
-
national
21 989
-
47 568
-
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.

622
-
1 148
-
communal

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

3 730
-
6 888
-
health

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

3 360
-
6 207
-
total
35 065
-
71 716
-
Employer

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

71 523
-
132 057
-
pensions

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

6 338
-
11 700
-
accident

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

930
-
1 717
-
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.

4 398
-
8 123
-
unemployment

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

1 044
-
1 928
-
surtax
8 110
-
14 975
-
total
20 820
-
38 443
-
Corporate
78 158
170 500
-
-
surtax
313
681
-
-
income
15 631
34 100
-
-
total
15 944
34 781
-
-
Dividends
62 214
135 719
-
-
withholding

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

18 299
40 352
-
-
total
18 299
40 352
-
-
Income
170 500
170 500
170 500
170 500
Total tax
90 128
75 133
110 159
96 617
After tax
80 372
95 367
60 341
73 883
Living cost
36 457
36 457
36 457
36 457
Free-cash
43 915
58 910
23 884
37 426

Estimated living cost  is ₽36457 per week

₽23483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59638
₽55442
₽70641
₽77608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
46 948
pensions
-
-
-
26 227
total
-
-
-
74 752
Employee
49 772
-
140 954
-
income
10 502
-
43 516
-
pensions
2 340
-
4 357
-
unemployment
772
-
1 436
-
other
49
-
93
-
total
13 663
-
49 402
-
Employer
49 772
-
140 954
-
pensions
11 745
-
21 872
-
other
397
-
742
-
accident
985
-
1 835
-
unemployment
2 738
-
5 097
-
total
15 865
-
29 546
-
Corporate
104 863
170 500
-
-
income

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

15 730
25 574
-
-
total
15 730
25 574
-
-
Dividends
89 133
144 926
-
-
withholding
18 491
31 208
-
-
total
18 491
31 208
-
-
Income
170 500
170 500
170 500
170 500
Total tax
63 749
56 782
78 948
74 752
After tax
106 751
113 718
91 552
95 748
Living cost
36 110
36 110
36 110
36 110
Free-cash
70 641
77 608
55 442
59 638

Estimated living cost  is ₽36110 per week

₽26591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30589
₽37386
₽33242
₽45758
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
accident
-
-
-
1 438
health
-
-
-
11 979
income
-
-
-
27 372
communal
-
-
-
10 776
surtax
-
-
-
8 453
pensions
-
-
-
25 555
total
-
-
-
85 573
Employee
75 721
-
152 301
-
income
7 314
-
32 281
-
pensions
6 057
-
12 184
-
health
3 370
-
6 778
-
surtax
4 641
-
9 334
-
total
21 382
-
60 577
-
Employer
75 721
-
152 301
-
pensions
6 057
-
12 184
-
accident
681
-
1 370
-
health
2 309
-
4 645
-
total
9 047
-
18 199
-
Corporate
85 732
170 500
-
-
communal
5 787
11 508
-
-
surtax
899
1 789
-
-
income
12 859
25 574
-
-
total
19 545
38 871
-
-
Dividends
66 186
131 628
-
-
withholding
9 928
19 745
-
-
income
23 018
11 788
-
-
total
32 946
31 533
-
-
Income
170 500
170 500
170 500
170 500
Total tax
82 920
70 404
78 776
85 573
After tax
87 580
100 096
91 724
84 927
Living cost
54 338
54 338
54 338
54 338
Free-cash
33 242
45 758
37 386
30 589

Estimated living cost  is ₽54338 per week

₽40762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58298
₽52149
₽81605
₽84785
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 474
income
-
-
-
46 308
surtax
-
-
-
7 043
pensions
-
-
-
26 690
total
-
-
-
89 743
Employee
33 673
-
142 410
-
income
5 645
-
40 327
-
pensions
2 247
-
8 901
-
unemployment
2 343
-
9 288
-
health
860
-
3 402
-
other
-
-
-
-
surtax
120
-
5 884
-
total
11 215
-
67 802
-
Employer
33 673
-
142 410
-
pensions
4 489
-
17 789
-
other
-
-
-
-
health
1 531
-
6 072
-
unemployment
1 068
-
4 229
-
total
7 088
-
28 090
-
Corporate
129 738
170 500
-
-
income
33 731
44 331
-
-
total
33 731
44 331
-
-
Dividends
96 007
126 169
-
-
withholding
14 402
18 925
-
-
total
14 402
18 925
-
-
Income
170 500
170 500
170 500
170 500
Total tax
66 436
63 256
95 892
89 743
After tax
104 064
107 244
74 608
80 757
Living cost
22 459
22 459
22 459
22 459
Free-cash
81 605
84 785
52 149
58 298

Estimated living cost  is ₽22459 per week

₽13559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1953
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.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54316
₽46657
₽60465
₽62683
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
social contributions
-
-
-
43 853
municipal
-
-
-
1 013
national
-
-
-
41 813
regional
-
-
-
2 570
total
-
-
-
89 249
Employee
55 465
-
170 500
-
national
8 787
-
36 219
-
social contributions
18 703
-
57 493
-
municipal
294
-
903
-
regional
747
-
2 293
-
total
28 531
-
96 908
-
Employer
55 465
-
170 500
-
total
-
-
-
-
Corporate
115 035
170 500
-
-
nationa
27 608
40 921
-
-
municipal
5 717
8 474
-
-
total
33 325
49 395
-
-
Dividends
81 709
121 105
-
-
withholding
21 244
31 487
-
-
total
21 244
31 487
-
-
Income
170 500
170 500
170 500
170 500
Total tax
83 100
80 882
96 908
89 249
After tax
87 400
89 618
73 592
81 251
Living cost
26 935
26 935
26 935
26 935
Free-cash
60 465
62 683
46 657
54 316

Estimated living cost  is ₽26935 per week

₽16751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66402
₽58929
₽77245
₽87800
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 552
health
-
-
-
23 017
income
-
-
-
16 940
solidarity contribution
-
-
-
-
total
-
-
-
74 509
Employee
43 513
-
129 282
-
income
5 222
-
15 621
-
solidarity contribution
-
-
-
-
social contributions
2 828
-
7 691
-
health
5 874
-
17 453
-
total
13 924
-
40 765
-
Employer
43 513
-
129 282
-
health
3 916
-
11 635
-
social contributions
10 878
-
29 582
-
total
14 794
-
41 217
-
Corporate
112 193
170 500
-
-
income
21 317
32 395
-
-
total
21 317
32 395
-
-
Dividends
90 876
138 105
-
-
withholding
13 631
20 716
-
-
total
13 631
20 716
-
-
Income
170 500
170 500
170 500
170 500
Total tax
63 666
53 111
81 982
74 509
After tax
106 834
117 389
88 518
95 991
Living cost
29 589
29 589
29 589
29 589
Free-cash
77 245
87 800
58 929
66 402

Estimated living cost  is ₽29589 per week

₽22004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55791
₽13420
₽62103
₽62599
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
681
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
45 450
surtax
-
-
-
-
pensions
-
-
-
21 610
total
-
-
-
82 809
Employee
43 708
39 847
135 516
-
income
3 894
2 939
36 109
-
pensions
4 476
4 080
11 962
-
unemployment
1 311
1 195
3 505
-
health
1 691
1 543
4 520
-
other
436
398
1 169
-
total
11 808
10 155
57 265
-
Employer
43 708
39 847
135 516
-
pensions
5 486
5 002
14 660
-
other
2 076
1 892
6 277
-
accident
567
518
1 518
-
health
1 653
1 507
4 415
-
payroll
1 311
1 195
4 066
-
chamber of commerce
175
159
543
-
unemployment
1 311
1 195
3 505
-
surtax
-
-
-
-
total
12 579
11 468
34 984
-
Corporate
114 214
119 185
131 721
-
income

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

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

28 553
29 796
32 931
-
total
28 553
29 796
32 931
-
Dividends
85 660
89 389
-
-
withholding
23 557
24 582
-
-
total
23 557
24 582
-
-
Income
170 500
170 500
170 500
170 500
Total tax
76 497
76 001
125 180
82 809
After tax
94 003
94 499
45 320
87 691
Living cost
31 900
31 900
31 900
31 900
Free-cash
62 103
62 599
13 420
55 791

Estimated living cost  is ₽31900 per week

₽19136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154754
₽122359
₽145300
₽147934
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 552
-
170 500
-
income
3 511
-
34 100
-
total
3 511
-
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%.

152 948
170 500
-
-
total
-
-
-
-
Dividends
152 948
170 500
-
-
withholding
7 648
8 525
-
-
total
7 648
8 525
-
-
Income
170 500
170 500
170 500
170 500
Total tax
11 159
8 525
34 100
1 705
After tax
159 341
161 975
136 400
168 795
Living cost
14 041
14 041
14 041
14 041
Free-cash
145 300
147 934
122 359
154 754

Estimated living cost  is ₽14041 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56740
₽52224
₽82204
₽90570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
170 500
unemployment
-
-
-
256
health
-
-
-
16 777
income
-
-
-
38 770
pensions
-
-
-
31 138
total
-
-
-
86 941
Employee

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

44 215
-
147 529
-
income
7 625
-
35 882
-
pensions
6 854
-
22 866
-
unemployment
63
-
207
-
health
2 856
-
9 531
-
total
17 398
-
68 486
-
Employer

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

44 215
-
147 529
-
pensions
3 913
-
13 057
-
health
2 945
-
9 825
-
unemployment
27
-
89
-
total
6 885
-
22 971
-
Corporate
119 401
170 500
-
-
income
22 686
32 396
-
-
total
22 686
32 396
-
-
Dividends
96 714
138 104
-
-
withholding
14 508
20 715
-
-
total
14 508
20 715
-
-
Income
170 500
170 500
170 500
170 500
Total tax
61 477
53 111
91 457
86 941
After tax
109 023
117 389
79 043
83 559
Living cost
26 819
26 819
26 819
26 819
Free-cash
82 204
90 570
52 224
56 740

Estimated living cost  is ₽26819 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74789
₽114338
₽13245
₽60692
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
social contributions
-
-
-
19 437
income
-
-
-
33 234
total
-
-
-
52 671
Employee
61 714
-
-
-
income
13 613
-
-
-
social contributions
5 061
-
721
-
total
18 674
-
721
-
Employer
61 714
-
-
-
social contributions
87 016
-
12 401
-
total
87 016
-
12 401
-
Corporate
21 770
170 500
-
-
income
4 789
37 510
-
-
total
4 789
37 510
-
-
Dividends
16 981
132 990
-
-
income
3 736
29 258
-
-
total
3 736
29 258
-
-
Income
170 500
170 500
170 500
170 500
Total tax
114 215
66 768
13 122
52 671
After tax
56 285
103 732
157 378
117 829
Living cost
43 040
43 040
43 040
43 040
Free-cash
13 245
60 692
114 338
74 789

Estimated living cost  is ₽43040 per week

₽27926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60204
₽47382
₽64610
₽65618
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
170 500
social contributions

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

-
-
-
59 249
income
-
-
-
19 684
surtax
-
-
-
-
total
-
-
-
78 933
Employee
45 987
-
137 778
-
income
9 565
-
43 878
-
social contributions
5 059
-
15 155
-
surtax
-
-
-
-
total
14 624
-
59 033
-
Employer
45 987
-
137 778
-
social contributions
10 922
-
32 722
-
total
10 922
-
32 722
-
Corporate
113 591
170 500
-
-
surtax
-
-
-
-
income
23 855
35 805
-
-
total
23 855
35 805
-
-
Dividends
89 736
134 695
-
-
withholding
25 126
37 714
-
-
total
25 126
37 714
-
-
Income
170 500
170 500
170 500
170 500
Total tax
74 527
73 519
91 755
78 933
After tax
95 973
96 981
78 745
91 567
Living cost
31 363
31 363
31 363
31 363
Free-cash
64 610
65 618
47 382
60 204

Estimated living cost  is ₽31363 per week

₽23466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47879
₽46019
₽44512
₽37641
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
other
-
-
-
5 286
social contributions
-
-
-
4 858
health
-
-
-
7 034
income
-
-
-
26 211
surtax
-
-
-
-
pensions
-
-
-
30 939
total
-
-
-
74 328
Employee
62 625
-
132 431
-
income
5 464
-
25 335
-
pensions
7 083
-
9 011
-
social contributions
1 784
-
3 774
-
surtax
-
-
-
-
total
14 331
-
38 120
-
Employer
62 625
-
132 431
-
pensions
10 290
-
15 205
-
other
2 161
-
5 082
-
health
4 383
-
12 020
-
unemployment
2 537
-
5 364
-
social contributions
188
-
397
-
total
19 559
-
38 068
-
Corporate
88 316
170 500
-
-
surtax
-
-
-
-
income
24 728
47 740
-
-
total
24 728
47 740
-
-
Dividends
63 588
122 760
-
-
surtax
-
-
-
-
social contributions
10 937
21 113
-
-
withholding
8 140
15 713
-
-
total
19 077
36 826
-
-
Income
170 500
170 500
170 500
170 500
Total tax
77 695
84 566
76 188
74 328
After tax
92 805
85 934
94 312
96 172
Living cost
48 293
48 293
48 293
48 293
Free-cash
44 512
37 641
46 019
47 879

Estimated living cost  is ₽48293 per week

₽32684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95706
₽100236
₽120035
₽123393
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
social contributions
-
-
-
37 511
income
-
-
-
7 227
total
-
-
-
44 738
Employee
32 145
-
147 618
-
social contributions
2 089
-
9 596
-
income
-
-
7 730
-
total
2 089
-
17 326
-
Employer
32 145
-
147 618
-
social contributions
4 983
-
22 882
-
total
4 983
-
22 882
-
Corporate
133 372
170 500
-
-
income
13 337
17 051
-
-
total
13 337
17 051
-
-
Dividends
120 035
153 449
-
-
total
-
-
-
-
Income
170 500
170 500
170 500
170 500
Total tax
20 409
17 051
40 208
44 738
After tax
150 091
153 449
130 292
125 762
Living cost
30 056
30 056
30 056
30 056
Free-cash
120 035
123 393
100 236
95 706

Estimated living cost  is ₽30056 per week

₽19434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52715
-₽47424
-₽47424
-₽47424
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 347
national
-
-
-
19 830
labour market
-
-
-
13 571
pensions
-
-
-
867
total
-
-
-
69 615
Employee
203 314
203 314
203 314
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 314
203 314
203 314
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
170 500
170 500
170 500
170 500
Total tax
169 754
169 754
169 754
69 615
After tax
746
746
746
100 885
Living cost
48 170
48 170
48 170
48 170
Free-cash
-47 424
-47 424
-47 424
52 715

Estimated living cost  is ₽48170 per week

₽32968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94981
₽70847
₽10500
-₽7780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
46 990
pensions
-
-
-
4 145
total
-
-
-
53 928
Employee
33 964
-
153 213
-
income
4 659
-
35 633
-
pensions
3 825
-
7 599
-
health
3 889
-
17 543
-
total
12 373
-
60 775
-
Employer
33 964
-
153 213
-
pensions
5 522
-
10 974
-
accident
567
-
2 559
-
unemployment
832
-
3 754
-
total
6 921
-
17 287
-
Corporate
129 615
170 500
-
-
income

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

116 653
153 450
-
-
total
116 653
153 450
-
-
Dividends
12 961
17 050
-
-
withholding
2 462
3 239
-
-
total
2 462
3 239
-
-
Income
170 500
170 500
170 500
170 500
Total tax
138 409
156 689
78 062
53 928
After tax
32 091
13 811
92 438
116 572
Living cost
21 591
21 591
21 591
21 591
Free-cash
10 500
-7 780
70 847
94 981

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72400
₽51413
₽71181
₽68799
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 293
health
-
-
-
2 209
national
-
-
-
27 210
total
-
-
-
59 712
Employee
52 606
-
143 434
-
pensions
3 550
-
9 681
-
national
869
-
16 644
-
municipal
8 616
-
23 366
-
unemployment
789
-
2 152
-
health
393
-
1 791
-
total
14 217
-
53 634
-
Employer
52 606
-
143 434
-
pensions
9 127
-
24 885
-
accident
53
-
144
-
health
404
-
1 104
-
unemployment
342
-
932
-
total
9 926
-
27 065
-
Corporate
107 968
170 500
-
-
income
21 593
34 100
-
-
total
21 593
34 100
-
-
Dividends

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

64 781
102 300
-
-
municipal
11 660
18 415
-
-
national
3 535
10 798
-
-
total
15 195
29 213
-
-
Income
170 500
170 500
170 500
170 500
Total tax
60 931
63 313
80 699
59 712
After tax
109 569
107 187
89 801
110 788
Living cost
38 388
38 388
38 388
38 388
Free-cash
71 181
68 799
51 413
72 400

Estimated living cost  is ₽38388 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93669
₽92152
₽95806
₽101251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 178
health
-
-
-
4 347
income
-
-
-
33 156
total
-
-
-
53 681
Employee
76 887
76 887
158 952
-
income
8 372
7 117
32 341
-
social contributions
2 907
6 381
8 607
-
health
596
1 307
2 702
-
total
11 875
14 805
43 650
-
Employer
76 887
76 887
158 952
-
health
647
1 423
2 941
-
social contributions
2 907
6 381
8 607
-
total
3 554
7 804
11 548
-
Corporate
131 921
85 809
-
-
income
16 491
10 726
-
-
total
16 491
10 726
-
-
Dividends
115 431
75 083
-
-
withholding
19 624
12 764
-
-
total
19 624
12 764
-
-
Income
170 500
170 500
170 500
170 500
Total tax
51 544
46 099
55 198
53 681
After tax
118 956
124 401
115 302
116 819
Living cost
23 150
23 150
23 150
23 150
Free-cash
95 806
101 251
92 152
93 669

Estimated living cost  is ₽23150 per week

₽13874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127318
₽107263
₽120229
₽125316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
170 500
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
17 301
pensions
-
-
-
6 360
total
-
-
-
27 307
Employee

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

22 951
-
160 728
-
income
1 569
-
14 821
-
pensions
3 442
-
14 231
-
unemployment
114
-
474
-
health
1 951
-
8 064
-
total
7 076
-
37 590
-
Employer

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

22 951
-
160 728
-
pensions
1 262
-
5 218
-
health
987
-
4 080
-
unemployment
114
-
474
-
total
2 363
-
9 772
-
Corporate
145 187
170 500
-
-
income
13 066
15 345
-
-
total
13 066
15 345
-
-
Dividends
132 121
155 155
-
-
withholding
11 891
13 964
-
-
total
11 891
13 964
-
-
Income
170 500
170 500
170 500
170 500
Total tax
34 396
29 309
47 362
27 307
After tax
136 104
141 191
123 138
143 193
Living cost
15 875
15 875
15 875
15 875
Free-cash
120 229
125 316
107 263
127 318

Estimated living cost  is ₽15875 per week

₽10129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68252
₽64056
₽81806
₽86222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
46 948
pensions
-
-
-
26 227
total
-
-
-
74 752
Employee
36 972
-
140 954
-
income
7 128
-
43 516
-
pensions
1 738
-
4 357
-
unemployment
573
-
1 436
-
other
36
-
93
-
total
9 475
-
49 402
-
Employer
36 972
-
140 954
-
pensions
8 725
-
21 872
-
other
296
-
742
-
accident
732
-
1 835
-
unemployment
2 034
-
5 097
-
total
11 787
-
29 546
-
Corporate
121 741
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.

18 261
25 574
-
-
total
18 261
25 574
-
-
Dividends
103 480
144 926
-
-
withholding
21 675
31 208
-
-
total
21 675
31 208
-
-
Income
170 500
170 500
170 500
170 500
Total tax
61 198
56 782
78 948
74 752
After tax
109 302
113 718
91 552
95 748
Living cost
27 496
27 496
27 496
27 496
Free-cash
81 806
86 222
64 056
68 252

Estimated living cost  is ₽27496 per week

₽18559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106479
₽106283
₽103204
₽103654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
health
-
-
-
1 448
income
-
-
-
57 838
pensions
-
-
-
1 997
total
-
-
-
61 283
Employee
4 171
-
168 253
-
income
807
-
57 733
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
59 231
-
Employer
4 171
-
168 253
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
165 391
170 500
-
-
income
36 386
37 510
-
-
total
36 386
37 510
-
-
Dividends
129 005
132 990
-
-
withholding
25 801
26 598
-
-
total
25 801
26 598
-
-
Income
170 500
170 500
170 500
170 500
Total tax
64 558
64 108
61 479
61 283
After tax
105 942
106 392
109 021
109 217
Living cost
2 738
2 738
2 738
2 738
Free-cash
103 204
103 654
106 283
106 479

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86825
₽86825
₽100973
₽105893
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
38 448
pensions
-
-
-
19 214
total
-
-
-
66 382
Employee

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

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

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

26 076
-
157 272
-
income
3 594
-
38 448
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
53 154
-
Employer

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

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

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

26 076
-
157 272
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
139 756
170 500
-
-
income
20 963
25 575
-
-
total
20 963
25 575
-
-
Dividends
118 793
144 925
-
-
withholding
17 819
21 739
-
-
total
17 819
21 739
-
-
Income
170 500
170 500
170 500
170 500
Total tax
52 234
47 314
66 382
66 382
After tax
118 266
123 186
104 118
104 118
Living cost
17 293
17 293
17 293
17 293
Free-cash
100 973
105 893
86 825
86 825

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64611
₽51789
₽69664
₽70025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
170 500
social contributions

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

-
-
-
59 249
income
-
-
-
19 684
surtax
-
-
-
-
total
-
-
-
78 933
Employee
38 808
-
137 778
-
income
7 583
-
43 878
-
social contributions
4 269
-
15 155
-
surtax
-
-
-
-
total
11 852
-
59 033
-
Employer
38 808
-
137 778
-
social contributions
9 216
-
32 722
-
total
9 216
-
32 722
-
Corporate
122 476
170 500
-
-
surtax
-
-
-
-
income
25 720
35 805
-
-
total
25 720
35 805
-
-
Dividends
96 756
134 695
-
-
withholding
27 092
37 714
-
-
total
27 092
37 714
-
-
Income
170 500
170 500
170 500
170 500
Total tax
73 880
73 519
91 755
78 933
After tax
96 620
96 981
78 745
91 567
Living cost
26 956
26 956
26 956
26 956
Free-cash
69 664
70 025
51 789
64 611

Estimated living cost  is ₽26956 per week

₽19092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
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.
₽5514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60608
₽56412
₽71955
₽78578
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
46 948
pensions
-
-
-
26 227
total
-
-
-
74 752
Employee
48 290
-
140 954
-
income
10 086
-
43 516
-
pensions
2 269
-
4 357
-
unemployment
748
-
1 436
-
other
47
-
93
-
total
13 150
-
49 402
-
Employer
48 290
-
140 954
-
pensions
11 396
-
21 872
-
other
387
-
742
-
accident
956
-
1 835
-
unemployment
2 656
-
5 097
-
total
15 395
-
29 546
-
Corporate
106 814
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.

16 022
25 574
-
-
total
16 022
25 574
-
-
Dividends
90 792
144 926
-
-
withholding
18 838
31 208
-
-
total
18 838
31 208
-
-
Income
170 500
170 500
170 500
170 500
Total tax
63 405
56 782
78 948
74 752
After tax
107 095
113 718
91 552
95 748
Living cost
35 140
35 140
35 140
35 140
Free-cash
71 955
78 578
56 412
60 608

Estimated living cost  is ₽35140 per week

₽25236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118404
₽125031
₽122488
₽128580
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
140
health
-
-
-
4 016
income
-
-
-
25 575
pensions

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

-
-
-
5 168
total
-
-
-
34 899
Employee
22 772
-
163 649
-
income
2 278
-
16 365
-
pensions

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

1 999
-
3 066
-
health
1 048
-
1 606
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 575
-
21 421
-
Employer
22 772
-
163 649
-
pensions

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

2 509
-
3 848
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 571
-
2 409
-
unemployment
137
-
210
-
total
4 467
-
6 851
-
Corporate
143 260
170 500
-
-
income
14 326
17 050
-
-
total
14 326
17 050
-
-
Dividends
128 934
153 450
-
-
withholding
6 447
7 673
-
-
total
6 447
7 673
-
-
Income
170 500
170 500
170 500
170 500
Total tax
30 815
24 723
28 272
34 899
After tax
139 685
145 777
142 228
135 601
Living cost
17 197
17 197
17 197
17 197
Free-cash
122 488
128 580
125 031
118 404

Estimated living cost  is ₽17197 per week

₽11374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52325
₽70121
₽62233
₽49154
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
170 500
trade
-
-
-
17 796
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.

-
-
-
6 831
income

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

-
-
-
52 080
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.

-
-
-
2 865
total
-
-
-
79 572
Employee

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

49 751
-
170 500
-
surtax

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

226
-
2 865
-
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.

4 091
-
52 080
-
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.

6 831
-
6 831
-
total
11 148
-
61 776
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
120 749
170 500
-
-
trade
17 328
24 466
-
-
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.

996
1 406
-
-
income
18 113
25 574
-
-
chamber of commerce
328
402
-
-
total
36 765
51 848
-
-
Dividends
83 984
118 652
-
-
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.

1 135
1 611
-
-
withholding
20 616
29 284
-
-
total
21 751
30 895
-
-
Income
170 500
170 500
170 500
170 500
Total tax
69 664
82 743
61 776
79 572
After tax
100 836
87 757
108 724
90 928
Living cost
38 603
38 603
38 603
38 603
Free-cash
62 233
49 154
70 121
52 325

Estimated living cost  is ₽38603 per week

₽26629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33552
₽33552
₽64599
₽62392
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
social contributions
-
-
-
28 316
income
-
-
-
51 674
total
-
-
-
79 990
Employee
78 213
-
170 500
-
social contributions
6 498
-
28 316
-
income
14 759
-
51 674
-
total
21 257
-
79 990
-
Employer
78 213
-
170 500
-
total
-
-
-
-
Corporate
92 287
170 500
-
-
income
11 537
21 312
-
-
total
11 537
21 312
-
-
Dividends
80 750
149 188
-
-
withholding
16 149
29 838
-
-
total
16 149
29 838
-
-
Income
170 500
170 500
170 500
170 500
Total tax
48 943
51 150
79 990
79 990
After tax
121 557
119 350
90 510
90 510
Living cost
56 958
56 958
56 958
56 958
Free-cash
64 599
62 392
33 552
33 552

Estimated living cost  is ₽56958 per week

₽43333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
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.
₽8440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99067
₽85277
₽72740
₽69245
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
170 500
health

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

-
-
-
6 675
income
-
-
-
28 462
total
-
-
-
35 137
Employee
45 869
-
165 901
-
social contributions
4 596
-
4 599
-
income
4 977
-
39 729
-
total
9 573
-
44 328
-
Employer
45 869
-
165 901
-
social contributions
4 596
-
4 599
-
total
4 596
-
4 599
-
Corporate
120 035
170 500
-
-
income
42 012
59 676
-
-
total
42 012
59 676
-
-
Dividends
78 023
110 824
-
-
social contributions
5 283
5 283
-
-
total
5 283
5 283
-
-
Income
170 500
170 500
170 500
170 500
Total tax
61 464
64 959
48 927
35 137
After tax
109 036
105 541
121 573
135 363
Living cost
36 296
36 296
36 296
36 296
Free-cash
72 740
69 245
85 277
99 067

Estimated living cost  is ₽36296 per week

₽23908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
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.
₽8969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76209
₽60742
₽80926
₽74970
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
income
-
-
-
48 024
pensions
-
-
-
8 915
total
-
-
-
56 939
Employee
51 271
-
149 002
-
income
9 337
-
37 711
-
pensions
3 913
-
11 014
-
health
669
-
2 186
-
total
13 919
-
50 911
-
Employer
51 271
-
149 002
-
pensions
5 180
-
18 665
-
health
974
-
2 830
-
total
6 154
-
21 495
-
Corporate
113 074
170 500
-
-
income

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

21 484
32 396
-
-
total
21 484
32 396
-
-
Dividends
91 590
138 104
-
-
withholding
10 665
25 782
-
-
total
10 665
25 782
-
-
Income
170 500
170 500
170 500
170 500
Total tax
52 222
58 178
72 406
56 939
After tax
118 278
112 322
98 094
113 561
Living cost
37 352
37 352
37 352
37 352
Free-cash
80 926
74 970
60 742
76 209

Estimated living cost  is ₽37352 per week

₽25623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
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.
₽7824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽92844
₽68710
₽10171
-₽9917
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
46 990
pensions
-
-
-
4 145
total
-
-
-
53 928
Employee
37 325
-
153 213
-
income
5 121
-
35 633
-
pensions
4 203
-
7 599
-
health
4 274
-
17 543
-
total
13 598
-
60 775
-
Employer
37 325
-
153 213
-
pensions
6 069
-
10 974
-
accident
623
-
2 559
-
unemployment
914
-
3 754
-
total
7 606
-
17 287
-
Corporate
125 568
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.

113 011
153 450
-
-
total
113 011
153 450
-
-
Dividends
12 557
17 050
-
-
withholding
2 386
3 239
-
-
total
2 386
3 239
-
-
Income
170 500
170 500
170 500
170 500
Total tax
136 601
156 689
78 062
53 928
After tax
33 899
13 811
92 438
116 572
Living cost
23 728
23 728
23 728
23 728
Free-cash
10 171
-9 917
68 710
92 844

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
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.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85015
₽106993
₽125299
₽129975
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
799
unemployment
-
-
-
1 918
income
-
-
-
28 027
health insurance
-
-
-
11 829
pensions
-
-
-
29 411
total
-
-
-
71 984
Employee

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

21 601
-
170 500
-
income
2 160
-
28 027
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
50 006
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
148 899
170 500
-
-
income

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

1 489
1 705
-
-
total
1 489
1 705
-
-
Dividends
147 410
168 795
-
-
withholding
22 111
25 319
-
-
total
22 111
25 319
-
-
Income
170 500
170 500
170 500
170 500
Total tax
31 700
27 024
50 006
71 984
After tax
138 800
143 476
120 494
98 516
Living cost
13 501
13 501
13 501
13 501
Free-cash
125 299
129 975
106 993
85 015

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39963
₽32480
₽45425
₽49975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
social contributions
-
-
-
43 853
municipal
-
-
-
1 140
national
-
-
-
41 813
regional
-
-
-
3 898
total
-
-
-
90 704
Employee
84 257
-
170 500
-
national
14 239
-
36 219
-
social contributions
28 411
-
57 493
-
municipal
503
-
1 017
-
regional
1 272
-
3 458
-
total
44 425
-
98 187
-
Employer
84 257
-
170 500
-
total
-
-
-
-
Corporate
86 243
170 500
-
-
nationa
20 698
40 921
-
-
municipal
4 157
8 218
-
-
total
24 855
49 139
-
-
Dividends
61 388
121 361
-
-
withholding
15 962
31 553
-
-
total
15 962
31 553
-
-
Income
170 500
170 500
170 500
170 500
Total tax
85 242
80 692
98 187
90 704
After tax
85 258
89 808
72 313
79 796
Living cost
39 833
39 833
39 833
39 833
Free-cash
45 425
49 975
32 480
39 963

Estimated living cost  is ₽39833 per week

₽27980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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