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
₽ 171000
per

Your estimated
City
free-cash

Dresden , Germany
₽55832
₽66943
₽59064
₽78643
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
171 000
trade
-
-
-
19 578
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.

-
-
-
52 201
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.

-
-
-
6 862
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.

-
-
-
2 871
total
-
-
-
81 512
Employee

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

38 418
-
171 000
-
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.

6 862
-
6 862
-
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
-
2 871
-
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.

1 073
-
52 201
-
total
7 994
-
61 934
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
132 582
171 000
-
-
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.

1 094
1 411
-
-
income
19 888
25 650
-
-
trade
20 881
26 933
-
-
chamber of commerce
343
398
-
-
total
42 206
54 392
-
-
Dividends
90 375
116 607
-
-
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.

1 222
1 582
-
-
withholding
22 212
28 771
-
-
total
23 434
30 353
-
-
Income
171 000
171 000
171 000
171 000
Total tax
73 634
84 745
61 934
81 512
After tax
97 366
86 255
109 066
89 488
Living cost
30 423
30 423
30 423
30 423
Free-cash
66 943
55 832
78 643
59 064

Estimated living cost  is ₽30423 per week

₽19137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56021
₽55178
₽50290
₽51555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
municipal
-
-
-
18 697
pensions
-
-
-
20 520
national
-
-
-
28 972
social contributions
-
-
-
1 838
total
-
-
-
70 027
Employee
78 568
-
147 828
-
municipal
9 704
-
19 359
-
pensions
3 143
-
5 913
-
national
15 038
-
30 075
-
total
27 885
-
55 347
-
Employer
78 568
-
147 828
-
social contributions
845
-
1 589
-
pensions
6 285
-
11 826
-
total
7 130
-
13 415
-
Corporate
80 117
171 000
-
-
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%.

16 023
34 200
-
-
total
16 023
34 200
-
-
Dividends
64 093
136 800
-
-
withholding
14 101
30 096
-
-
total
14 101
30 096
-
-
Income
171 000
171 000
171 000
171 000
Total tax
65 139
64 296
68 762
70 027
After tax
105 861
106 704
102 238
100 973
Living cost
50 683
50 683
50 683
50 683
Free-cash
55 178
56 021
51 555
50 290

Estimated living cost  is ₽50683 per week

₽34449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115904
₽107663
₽37603
₽50156
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
171 000
microenterprise
-
-
-
-
income
-
-
-
30 412
surtax
-
-
-
43 604
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.

-
-
-
38 484
total
-
-
-
112 500
Employee
29 350
-
128 075
-
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.

3 229
-
13 167
-
surtax
-
-
18 571
-
income
5 225
-
25 284
-
total
8 454
-
57 022
-
Employer
29 350
-
128 075
-
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.

7 070
-
28 837
-
surtax
-
-
14 088
-
total
7 070
-
42 925
-
Corporate
134 580
171 000
-
-
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%.

26 916
34 199
-
-
total
26 916
34 199
-
-
Dividends

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

107 664
136 801
-
-
total
-
-
-
-
Income
171 000
171 000
171 000
171 000
Total tax
42 440
34 199
99 947
112 500
After tax
128 560
136 801
71 053
58 500
Living cost
20 897
20 897
20 897
20 897
Free-cash
107 663
115 904
50 156
37 603

Estimated living cost  is ₽20897 per week

₽13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42498
₽36343
₽52743
₽64116
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
income
-
-
-
52 026
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
76 180
Employee
85 775
85 775
152 334
-
health
13 165
11 198
12 386
-
income

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

14 040
14 040
21 987
-
pensions
15 439
11 768
11 768
-
total
42 644
37 006
46 141
-
Employer
85 775
85 775
152 334
-
unemployment
3 088
3 088
3 837
-
pensions
5 970
5 970
7 420
-
health
5 962
5 962
7 409
-
total
15 020
15 020
18 666
-
Corporate
71 257
70 205
-
-
income
14 252
14 040
-
-
total
14 252
14 040
-
-
Dividends
57 005
56 165
-
-
income
12 113
11 934
-
-
withholding
8 551
8 425
-
-
total
20 664
20 359
-
-
Income
171 000
171 000
171 000
171 000
Total tax
92 580
86 425
64 807
76 180
After tax
78 420
84 575
106 193
94 820
Living cost
42 077
42 077
42 077
42 077
Free-cash
36 343
42 498
64 116
52 743

Estimated living cost  is ₽42077 per week

₽29819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽54405
₽53531
₽48909
₽47963
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
municipal
-
-
-
43 615
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 922
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
14 778
total
-
-
-
83 130
Employee
55 516
-
144 171
-
municipal
16 555
-
42 992
-
national
-
-
14 255
-
total
16 555
-
57 247
-
Employer
55 516
-
144 171
-
accident
111
-
171
-
other
6 451
-
9 922
-
unemployment
1 466
-
2 254
-
pensions
6 001
-
9 231
-
health
3 414
-
5 251
-
total
17 443
-
26 829
-
Corporate
98 041
171 000
-
-
income
21 569
37 620
-
-
total
21 569
37 620
-
-
Dividends
76 472
133 380
-
-
withholding
22 941
40 014
-
-
total
22 941
40 014
-
-
Income
171 000
171 000
171 000
171 000
Total tax
78 508
77 634
84 076
83 130
After tax
92 492
93 366
86 924
87 870
Living cost
38 961
38 961
38 961
38 961
Free-cash
53 531
54 405
47 963
48 909

Estimated living cost  is ₽38961 per week

₽25822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45917
₽60032
₽49161
₽69608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
171 000
trade
-
-
-
20 447
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.

-
-
-
52 201
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.

-
-
-
6 862
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.

-
-
-
2 871
total
-
-
-
82 381
Employee

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

50 937
-
171 000
-
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.

6 862
-
6 862
-
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.

240
-
2 871
-
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.

4 376
-
52 201
-
total
11 478
-
61 934
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
120 063
171 000
-
-
surtax

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

991
1 411
-
-
income
18 009
25 650
-
-
trade
19 751
28 130
-
-
chamber of commerce
324
396
-
-
total
39 075
55 587
-
-
Dividends
80 988
115 412
-
-
surtax

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

1 092
1 567
-
-
withholding
19 865
28 471
-
-
total
20 957
30 038
-
-
Income
171 000
171 000
171 000
171 000
Total tax
71 510
85 625
61 934
82 381
After tax
99 490
85 375
109 066
88 619
Living cost
39 458
39 458
39 458
39 458
Free-cash
60 032
45 917
69 608
49 161

Estimated living cost  is ₽39458 per week

₽26390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92187
₽88022
₽84597
₽83076
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
income
-
-
-
33 212
health
-
-
-
4 361
social contributions
-
-
-
16 251
total
-
-
-
53 824
Employee
77 236
77 236
159 405
-
social contributions
3 753
6 410
8 646
-
health
768
1 313
2 710
-
income
8 110
7 150
32 394
-
total
12 631
14 873
43 750
-
Employer
77 236
77 236
159 405
-
social contributions
3 753
6 410
8 646
-
health
837
1 430
2 949
-
total
4 590
7 840
11 595
-
Corporate
121 200
85 924
-
-
income
15 150
10 741
-
-
total
15 150
10 741
-
-
Dividends
106 050
75 183
-
-
withholding
18 028
12 780
-
-
total
18 028
12 780
-
-
Income
171 000
171 000
171 000
171 000
Total tax
50 399
46 234
55 345
53 824
After tax
120 601
124 766
115 655
117 176
Living cost
32 579
32 579
32 579
32 579
Free-cash
88 022
92 187
83 076
84 597

Estimated living cost  is ₽32579 per week

₽22271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77839
₽78220
₽100228
₽80897
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
income
-
-
-
20 905
pensions
-
-
-
17 100
unemployment
-
-
-
2 565
health
-
-
-
11 970
total
-
-
-
52 540
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.

26 319
10 475
143 096
-
health
1 842
733
10 017
-
income
3 217
1 281
17 494
-
pensions
2 632
1 047
14 310
-
unemployment
395
157
2 146
-
total
8 086
3 218
43 967
-
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.

26 319
10 475
143 096
-
pensions
5 132
2 043
27 904
-
total
5 132
2 043
27 904
-
Corporate
139 549
158 483
-
-
income
12 559
14 263
-
-
total
12 559
14 263
-
-
Dividends
126 989
144 219
-
-
social contributions
24 643
28 003
-
-
withholding
24 128
27 402
-
-
total
48 771
55 405
-
-
Income
171 000
171 000
171 000
171 000
Total tax
74 548
74 929
71 871
52 540
After tax
96 452
96 071
99 129
118 460
Living cost
18 232
18 232
18 232
18 232
Free-cash
78 220
77 839
80 897
100 228

Estimated living cost  is ₽18232 per week

₽12442
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.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112540
₽106298
₽67396
₽74301
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
income
-
-
-
22 913
pensions
-
-
-
34 199
health
-
-
-
22 231
total
-
-
-
79 343
Employee
28 494
-
127 804
-
income
3 208
-
24 640
-
pensions
570
-
2 556
-
unemployment
456
-
2 045
-
total
4 234
-
29 241
-
Employer
28 494
-
127 804
-
unemployment
229
-
1 022
-
pensions
5 699
-
25 561
-
health
3 704
-
16 614
-
total
9 632
-
43 197
-
Corporate
132 874
171 000
-
-
income
26 575
34 199
-
-
total
26 575
34 199
-
-
Dividends
106 299
136 801
-
-
total
-
-
-
-
Income
171 000
171 000
171 000
171 000
Total tax
40 441
34 199
72 438
79 343
After tax
130 559
136 801
98 562
91 657
Living cost
24 261
24 261
24 261
24 261
Free-cash
106 298
112 540
74 301
67 396

Estimated living cost  is ₽24261 per week

₽16640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
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.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8193
₽10469
₽94873
₽70647
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
accident
-
-
-
253
income
-
-
-
47 105
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
54 083
Employee
34 676
-
153 631
-
health
3 970
-
17 590
-
income
4 757
-
35 705
-
pensions
3 905
-
7 645
-
total
12 632
-
60 940
-
Employer
34 676
-
153 631
-
accident
579
-
2 566
-
unemployment
850
-
3 764
-
pensions
5 639
-
11 039
-
total
7 068
-
17 369
-
Corporate
129 257
171 000
-
-
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.

116 331
153 900
-
-
total
116 331
153 900
-
-
Dividends
12 926
17 100
-
-
withholding
2 456
3 249
-
-
total
2 456
3 249
-
-
Income
171 000
171 000
171 000
171 000
Total tax
138 487
157 149
78 309
54 083
After tax
32 513
13 851
92 691
116 917
Living cost
22 044
22 044
22 044
22 044
Free-cash
10 469
-8 193
70 647
94 873

Estimated living cost  is ₽22044 per week

₽16156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153350
₽151644
₽160190
₽127700
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
171 000
microenterprise

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

-
-
-
1 710
total
-
-
-
1 710
Employee
11 374
-
171 000
-
income
2 275
-
34 200
-
total
2 275
-
34 200
-
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%.

159 626
171 000
-
-
total
-
-
-
-
Dividends
159 626
171 000
-
-
withholding
7 981
8 550
-
-
total
7 981
8 550
-
-
Income
171 000
171 000
171 000
171 000
Total tax
10 256
8 550
34 200
1 710
After tax
160 744
162 450
136 800
169 290
Living cost
9 100
9 100
9 100
9 100
Free-cash
151 644
153 350
127 700
160 190

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98871
₽92086
₽67761
₽70289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
income
-
-
-
25 841
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.

-
-
-
36 658
other
-
-
-
7 255
health
-
-
-
6 721
total
-
-
-
76 475
Employee
36 470
-
136 580
-
health
511
-
1 912
-
income
6 279
-
26 686
-
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.

2 552
-
9 561
-
unemployment
364
-
1 367
-
total
9 706
-
39 526
-
Employer
36 470
-
136 580
-
accident
292
-
1 092
-
other
1 824
-
6 830
-
unemployment
364
-
1 367
-
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.

6 201
-
23 220
-
health
511
-
1 912
-
total
9 192
-
34 421
-
Corporate
125 339
171 000
-
-
income
26 321
35 909
-
-
total
26 321
35 909
-
-
Dividends
99 017
135 091
-
-
withholding
6 931
9 456
-
-
total
6 931
9 456
-
-
Income
171 000
171 000
171 000
171 000
Total tax
52 150
45 365
73 947
76 475
After tax
118 850
125 635
97 053
94 525
Living cost
26 764
26 764
26 764
26 764
Free-cash
92 086
98 871
70 289
67 761

Estimated living cost  is ₽26764 per week

₽18910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45451
₽47240
₽46724
₽31215
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
income
-
-
-
48 263
pensions
-
-
-
8 912
total
-
-
-
57 175
Employee
94 938
-
149 432
-
health
1 564
-
2 188
-
income
17 114
-
37 924
-
pensions
9 159
-
11 004
-
total
27 837
-
51 116
-
Employer
94 938
-
149 432
-
pensions
11 209
-
18 729
-
health
1 803
-
2 839
-
total
13 012
-
21 568
-
Corporate
63 050
171 000
-
-
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.

11 981
32 490
-
-
total
11 981
32 490
-
-
Dividends
51 069
138 510
-
-
withholding
3 829
25 958
-
-
total
3 829
25 958
-
-
Income
171 000
171 000
171 000
171 000
Total tax
56 659
58 448
72 684
57 175
After tax
114 341
112 552
98 316
113 825
Living cost
67 101
67 101
67 101
67 101
Free-cash
47 240
45 451
31 215
46 724

Estimated living cost  is ₽67101 per week

₽50280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽133037
₽128372
₽122816
₽129457
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
income
-
-
-
25 650
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
35 016
Employee
17 436
-
164 117
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
16 412
-
pensions

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

1 531
-
3 080
-
total
4 268
-
21 492
-
Employer
17 436
-
164 117
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
150 143
171 000
-
-
income
15 014
17 100
-
-
total
15 014
17 100
-
-
Dividends
135 129
153 900
-
-
withholding
6 757
7 695
-
-
total
6 757
7 695
-
-
Income
171 000
171 000
171 000
171 000
Total tax
29 460
24 795
28 375
35 016
After tax
141 540
146 205
142 625
135 984
Living cost
13 168
13 168
13 168
13 168
Free-cash
128 372
133 037
129 457
122 816

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28878
₽31403
₽39123
₽50496
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
income
-
-
-
52 026
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
76 180
Employee
93 124
85 775
152 334
-
health
11 618
11 198
12 386
-
income

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

14 040
14 040
21 987
-
pensions
11 768
11 768
11 768
-
total
37 426
37 006
46 141
-
Employer
93 124
85 775
152 334
-
unemployment
3 353
3 088
3 837
-
pensions
6 481
5 970
7 420
-
health
6 471
5 962
7 409
-
total
16 305
15 020
18 666
-
Corporate
61 571
70 205
-
-
income
12 313
14 040
-
-
total
12 313
14 040
-
-
Dividends
49 258
56 165
-
-
income
10 468
11 934
-
-
withholding
7 388
8 425
-
-
total
17 856
20 359
-
-
Income
171 000
171 000
171 000
171 000
Total tax
83 900
86 425
64 807
76 180
After tax
87 100
84 575
106 193
94 820
Living cost
55 697
55 697
55 697
55 697
Free-cash
31 403
28 878
50 496
39 123

Estimated living cost  is ₽55697 per week

₽41086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93713
₽85144
₽72328
₽64824
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
income
-
-
-
17 003
health
-
-
-
23 085
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 564
total
-
-
-
74 652
Employee
35 324
-
129 731
-
social contributions
2 296
-
7 694
-
health
4 769
-
17 514
-
solidarity contribution
-
-
-
-
income
4 239
-
15 679
-
total
11 304
-
40 887
-
Employer
35 324
-
129 731
-
social contributions
8 831
-
29 593
-
health
3 179
-
11 676
-
total
12 010
-
41 269
-
Corporate
123 666
171 000
-
-
income
23 497
32 490
-
-
total
23 497
32 490
-
-
Dividends
100 169
138 510
-
-
withholding
15 025
20 777
-
-
total
15 025
20 777
-
-
Income
171 000
171 000
171 000
171 000
Total tax
61 836
53 267
82 156
74 652
After tax
109 164
117 733
88 844
96 348
Living cost
24 020
24 020
24 020
24 020
Free-cash
85 144
93 713
64 824
72 328

Estimated living cost  is ₽24020 per week

₽16685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
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.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48852
₽43608
₽39690
₽31963
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
municipal
-
-
-
1 016
regional
-
-
-
2 012
national
-
-
-
41 917
social contributions
-
-
-
43 981
total
-
-
-
88 926
Employee
89 268
-
171 000
-
social contributions
30 101
-
57 662
-
regional
842
-
1 775
-
municipal
473
-
907
-
national
15 468
-
36 309
-
total
46 884
-
96 653
-
Employer
89 268
-
171 000
-
total
-
-
-
-
Corporate
81 732
171 000
-
-
nationa
19 616
41 040
-
-
municipal
3 187
6 669
-
-
total
22 803
47 709
-
-
Dividends
58 929
123 290
-
-
withholding
15 321
32 055
-
-
total
15 321
32 055
-
-
Income
171 000
171 000
171 000
171 000
Total tax
85 008
79 764
96 653
88 926
After tax
85 992
91 236
74 347
82 074
Living cost
42 384
42 384
42 384
42 384
Free-cash
43 608
48 852
31 963
39 690

Estimated living cost  is ₽42384 per week

₽29545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85395
₽82268
₽58833
₽52648
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
income
-
-
-
46 395
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
7 051
total
-
-
-
90 003
Employee
33 216
-
142 782
-
other
-
-
-
-
health
848
-
3 418
-
surtax
109
-
5 892
-
income
5 568
-
40 387
-
pensions
2 215
-
8 942
-
unemployment
2 312
-
9 330
-
total
11 052
-
67 969
-
Employer
33 216
-
142 782
-
other
-
-
-
-
unemployment
1 052
-
4 249
-
pensions
4 428
-
17 870
-
health
1 512
-
6 100
-
total
6 992
-
28 219
-
Corporate
130 792
171 000
-
-
income
34 007
44 460
-
-
total
34 007
44 460
-
-
Dividends
96 786
126 540
-
-
withholding
14 517
18 981
-
-
total
14 517
18 981
-
-
Income
171 000
171 000
171 000
171 000
Total tax
66 568
63 441
96 188
90 003
After tax
104 432
107 559
74 812
80 997
Living cost
22 164
22 164
22 164
22 164
Free-cash
82 268
85 395
52 648
58 833

Estimated living cost  is ₽22164 per week

₽13552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66710
₽73339
₽67983
₽52474
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
income
-
-
-
48 263
pensions
-
-
-
8 912
total
-
-
-
57 175
Employee
63 625
-
149 432
-
health
924
-
2 188
-
income
11 459
-
37 924
-
pensions
5 400
-
11 004
-
total
17 783
-
51 116
-
Employer
63 625
-
149 432
-
pensions
6 887
-
18 729
-
health
1 209
-
2 839
-
total
8 096
-
21 568
-
Corporate
99 279
171 000
-
-
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.

18 864
32 490
-
-
total
18 864
32 490
-
-
Dividends
80 416
138 510
-
-
withholding
7 076
25 958
-
-
total
7 076
25 958
-
-
Income
171 000
171 000
171 000
171 000
Total tax
51 819
58 448
72 684
57 175
After tax
119 181
112 552
98 316
113 825
Living cost
45 842
45 842
45 842
45 842
Free-cash
73 339
66 710
52 474
67 983

Estimated living cost  is ₽45842 per week

₽34344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1799
₽34488
₽62241
₽54289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
city
-
-
-
1 803
pensions
-
-
-
15 732
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.

-
-
-
3 420
regional
-
-
-
8 327
health
-
-
-
385
national
-
-
-
2 698
total
-
-
-
32 365
Employee
89 401
-
153 055
-
city
959
-
1 644
-
regional
2 927
-
7 181
-
health
202
-
345
-
pensions
7 511
-
12 856
-
unemployment
-
-
-
-
national
423
-
2 029
-
total
12 022
-
24 055
-
Employer
89 401
-
153 055
-
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.

1 787
-
3 061
-
unemployment
-
-
-
-
pensions
7 511
-
12 856
-
health
202
-
345
-
total
9 500
-
16 262
-
Corporate
71 116
171 000
-
-
regional
15 041
36 167
-
-
national
6 045
14 535
-
-
total
21 086
50 702
-
-
Dividends
50 029
120 298
-
-
withholding
17 510
42 105
-
-
total
17 510
42 105
-
-
Income
171 000
171 000
171 000
171 000
Total tax
60 118
92 807
40 317
32 365
After tax
110 882
78 193
130 683
138 635
Living cost
76 394
76 394
76 394
76 394
Free-cash
34 488
1 799
54 289
62 241

Estimated living cost  is ₽76394 per week

₽49678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽38483
₽54771
₽41734
₽63052
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
171 000
trade
-
-
-
21 318
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.

-
-
-
52 201
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.

-
-
-
6 862
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.

-
-
-
2 871
total
-
-
-
83 252
Employee

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

60 365
-
171 000
-
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.

6 862
-
6 862
-
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.

391
-
2 871
-
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.

7 098
-
52 201
-
total
14 351
-
61 934
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 635
171 000
-
-
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.

913
1 411
-
-
income
16 595
25 650
-
-
trade
18 973
29 327
-
-
chamber of commerce
309
393
-
-
total
36 790
56 781
-
-
Dividends
73 846
114 219
-
-
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.

995
1 550
-
-
withholding
18 079
28 172
-
-
total
19 074
29 722
-
-
Income
171 000
171 000
171 000
171 000
Total tax
70 215
86 503
61 934
83 252
After tax
100 785
84 497
109 066
87 748
Living cost
46 014
46 014
46 014
46 014
Free-cash
54 771
38 483
63 052
41 734

Estimated living cost  is ₽46014 per week

₽33607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51819
₽57753
₽62092
₽60259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
income
-
-
-
26 266
pensions
-
-
-
31 057
other
-
-
-
5 301
health
-
-
-
7 047
surtax
-
-
-
-
social contributions
-
-
-
4 872
total
-
-
-
74 543
Employee
42 988
-
132 834
-
social contributions
1 226
-
3 784
-
surtax
-
-
-
-
income
2 537
-
25 396
-
pensions
4 861
-
9 033
-
total
8 624
-
38 213
-
Employer
42 988
-
132 834
-
other
1 483
-
5 094
-
social contributions
130
-
398
-
unemployment
1 740
-
5 379
-
pensions
7 062
-
15 242
-
health
3 010
-
12 050
-
total
13 425
-
38 163
-
Corporate
114 587
171 000
-
-
surtax
-
-
-
-
income
32 084
47 879
-
-
total
32 084
47 879
-
-
Dividends
82 503
123 121
-
-
surtax
-
-
-
-
social contributions
14 189
21 177
-
-
withholding
10 560
15 760
-
-
total
24 749
36 937
-
-
Income
171 000
171 000
171 000
171 000
Total tax
78 882
84 816
76 376
74 543
After tax
92 118
86 184
94 624
96 457
Living cost
34 365
34 365
34 365
34 365
Free-cash
57 753
51 819
60 259
62 092

Estimated living cost  is ₽34365 per week

₽21669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55224
₽60804
₽65497
₽63664
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
income
-
-
-
26 266
pensions
-
-
-
31 057
other
-
-
-
5 301
health
-
-
-
7 047
surtax
-
-
-
-
social contributions
-
-
-
4 872
total
-
-
-
74 543
Employee
38 373
-
132 834
-
social contributions
1 094
-
3 784
-
surtax
-
-
-
-
income
1 979
-
25 396
-
pensions
4 340
-
9 033
-
total
7 413
-
38 213
-
Employer
38 373
-
132 834
-
other
1 325
-
5 094
-
social contributions
114
-
398
-
unemployment
1 553
-
5 379
-
pensions
6 305
-
15 242
-
health
2 686
-
12 050
-
total
11 983
-
38 163
-
Corporate
120 643
171 000
-
-
surtax
-
-
-
-
income
33 780
47 879
-
-
total
33 780
47 879
-
-
Dividends
86 863
123 121
-
-
surtax
-
-
-
-
social contributions
14 942
21 177
-
-
withholding
11 118
15 760
-
-
total
26 060
36 937
-
-
Income
171 000
171 000
171 000
171 000
Total tax
79 236
84 816
76 376
74 543
After tax
91 764
86 184
94 624
96 457
Living cost
30 960
30 960
30 960
30 960
Free-cash
60 804
55 224
63 664
65 497

Estimated living cost  is ₽30960 per week

₽17956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83025
₽83547
₽88517
₽85166
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
income
-
-
-
25 650
health
-
-
-
11 936
social contributions
-
-
-
23 598
total
-
-
-
61 184
Employee
34 056
-
171 000
-
social contributions
4 700
-
23 598
-
health
2 377
-
11 936
-
income
5 680
-
29 001
-
total
12 757
-
64 535
-
Employer
34 056
-
171 000
-
total
-
-
-
-
Corporate
136 944
171 000
-
-
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%.

6 847
8 551
-
-
total
6 847
8 551
-
-
Dividends
130 097
162 449
-
-
health
9 081
11 339
-
-
social contributions
17 954
22 418
-
-
withholding
19 515
24 368
-
-
total
46 550
58 125
-
-
Income
171 000
171 000
171 000
171 000
Total tax
66 154
66 676
64 535
61 184
After tax
104 846
104 324
106 465
109 816
Living cost
21 299
21 299
21 299
21 299
Free-cash
83 547
83 025
85 166
88 517

Estimated living cost  is ₽21299 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59280
₽57723
₽52357
₽10016
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
chamber of commerce
-
-
-
684
income
-
-
-
45 523
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
198
total
-
-
-
83 251
Employee
50 197
40 028
135 691
-
other
501
400
1 174
-
health
1 942
1 550
4 540
-
income
5 715
2 953
36 062
-
pensions
5 141
4 098
12 016
-
unemployment
1 506
1 201
3 521
-
total
14 805
10 202
57 313
-
Employer
50 197
40 028
135 691
-
accident
652
520
1 525
-
other
2 385
1 900
6 288
-
chamber of commerce
200
160
543
-
unemployment
1 506
1 201
3 521
-
surtax
198
198
198
-
pensions
6 300
5 024
14 727
-
payroll
1 506
1 201
4 071
-
health
1 897
1 513
4 436
-
total
14 644
11 717
35 309
-
Corporate
106 160
119 253
131 879
-
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.

26 541
29 813
32 970
-
total
26 541
29 813
32 970
-
Dividends
79 620
89 440
-
-
withholding
21 895
24 596
-
-
total
21 895
24 596
-
-
Income
171 000
171 000
171 000
171 000
Total tax
77 885
76 328
125 592
83 251
After tax
93 115
94 672
45 408
87 749
Living cost
35 392
35 392
35 392
35 392
Free-cash
57 723
59 280
10 016
52 357

Estimated living cost  is ₽35392 per week

₽23605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59025
₽43960
₽37474
₽23912
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
national
-
-
-
63 104
communal

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

-
-
-
8 757
social contributions
-
-
-
25 042
total
-
-
-
96 903
Employee

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

71 848
-
132 447
-
communal

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

3 747
-
6 908
-
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.

3 376
-
6 225
-
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.

5 389
-
9 933
-
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.

625
-
1 153
-
national
22 089
-
47 693
-
total
35 226
-
71 912
-
Employer

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

71 848
-
132 447
-
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.

934
-
1 721
-
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.

1 048
-
1 933
-
surtax
8 147
-
15 020
-
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.

6 366
-
11 734
-
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.

4 418
-
8 145
-
total
20 913
-
38 553
-
Corporate
78 238
171 000
-
-
surtax
313
684
-
-
income
15 647
34 199
-
-
total
15 960
34 883
-
-
Dividends
62 279
136 116
-
-
withholding

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

18 318
40 469
-
-
total
18 318
40 469
-
-
Income
171 000
171 000
171 000
171 000
Total tax
90 417
75 352
110 465
96 903
After tax
80 583
95 648
60 535
74 097
Living cost
36 623
36 623
36 623
36 623
Free-cash
43 960
59 025
23 912
37 474

Estimated living cost  is ₽36623 per week

₽23590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77780
₽70779
₽59758
₽55544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
accident
-
-
-
839
income
-
-
-
47 038
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
74 968
Employee
49 998
-
141 320
-
other
50
-
93
-
income
10 549
-
43 590
-
pensions
2 350
-
4 376
-
unemployment
776
-
1 443
-
total
13 725
-
49 502
-
Employer
49 998
-
141 320
-
accident
989
-
1 843
-
other
398
-
745
-
unemployment
2 751
-
5 120
-
pensions
11 799
-
21 972
-
total
15 937
-
29 680
-
Corporate
105 065
171 000
-
-
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.

15 760
25 650
-
-
total
15 760
25 650
-
-
Dividends
89 305
145 350
-
-
withholding
18 525
31 296
-
-
total
18 525
31 296
-
-
Income
171 000
171 000
171 000
171 000
Total tax
63 947
56 946
79 182
74 968
After tax
107 053
114 054
91 818
96 032
Living cost
36 274
36 274
36 274
36 274
Free-cash
70 779
77 780
55 544
59 758

Estimated living cost  is ₽36274 per week

₽26712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
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.
₽6466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45819
₽33260
₽30622
₽37440
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
accident
-
-
-
1 441
income
-
-
-
27 421
pensions
-
-
-
25 631
health
-
-
-
12 014
surtax
-
-
-
8 478
communal
-
-
-
10 808
total
-
-
-
85 793
Employee
76 065
-
152 747
-
health
3 385
-
6 797
-
surtax
4 662
-
9 361
-
income
7 347
-
32 344
-
pensions
6 084
-
12 220
-
total
21 478
-
60 722
-
Employer
76 065
-
152 747
-
accident
684
-
1 374
-
pensions
6 084
-
12 220
-
health
2 320
-
4 659
-
total
9 088
-
18 253
-
Corporate
85 847
171 000
-
-
surtax
902
1 796
-
-
communal
5 795
11 543
-
-
income
12 878
25 650
-
-
total
19 575
38 989
-
-
Dividends
66 273
132 011
-
-
income
23 074
11 804
-
-
withholding
9 940
19 803
-
-
total
33 014
31 607
-
-
Income
171 000
171 000
171 000
171 000
Total tax
83 155
70 596
78 975
85 793
After tax
87 845
100 404
92 025
85 207
Living cost
54 585
54 585
54 585
54 585
Free-cash
33 260
45 819
37 440
30 622

Estimated living cost  is ₽54585 per week

₽40947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84998
₽81804
₽58436
₽52251
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
income
-
-
-
46 395
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
7 051
total
-
-
-
90 003
Employee
33 826
-
142 782
-
other
-
-
-
-
health
863
-
3 418
-
surtax
120
-
5 892
-
income
5 671
-
40 387
-
pensions
2 257
-
8 942
-
unemployment
2 354
-
9 330
-
total
11 265
-
67 969
-
Employer
33 826
-
142 782
-
other
-
-
-
-
unemployment
1 073
-
4 249
-
pensions
4 510
-
17 870
-
health
1 538
-
6 100
-
total
7 121
-
28 219
-
Corporate
130 053
171 000
-
-
income
33 814
44 460
-
-
total
33 814
44 460
-
-
Dividends
96 239
126 540
-
-
withholding
14 435
18 981
-
-
total
14 435
18 981
-
-
Income
171 000
171 000
171 000
171 000
Total tax
66 635
63 441
96 188
90 003
After tax
104 365
107 559
74 812
80 997
Living cost
22 561
22 561
22 561
22 561
Free-cash
81 804
84 998
52 251
58 436

Estimated living cost  is ₽22561 per week

₽13621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
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.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62824
₽60595
₽54451
₽46763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
municipal
-
-
-
1 016
regional
-
-
-
2 578
national
-
-
-
41 917
social contributions
-
-
-
43 981
total
-
-
-
89 492
Employee
55 717
-
171 000
-
social contributions
18 788
-
57 662
-
regional
750
-
2 302
-
municipal
295
-
907
-
national
8 827
-
36 309
-
total
28 660
-
97 180
-
Employer
55 717
-
171 000
-
total
-
-
-
-
Corporate
115 283
171 000
-
-
nationa
27 667
41 040
-
-
municipal
5 730
8 499
-
-
total
33 397
49 539
-
-
Dividends
81 886
121 460
-
-
withholding
21 291
31 580
-
-
total
21 291
31 580
-
-
Income
171 000
171 000
171 000
171 000
Total tax
83 348
81 119
97 180
89 492
After tax
87 652
89 881
73 820
81 508
Living cost
27 057
27 057
27 057
27 057
Free-cash
60 595
62 824
46 763
54 451

Estimated living cost  is ₽27057 per week

₽16827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88134
₽77575
₽66749
₽59245
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
income
-
-
-
17 003
health
-
-
-
23 085
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 564
total
-
-
-
74 652
Employee
43 528
-
129 731
-
social contributions
2 829
-
7 694
-
health
5 876
-
17 514
-
solidarity contribution
-
-
-
-
income
5 223
-
15 679
-
total
13 928
-
40 887
-
Employer
43 528
-
129 731
-
social contributions
10 882
-
29 593
-
health
3 918
-
11 676
-
total
14 800
-
41 269
-
Corporate
112 672
171 000
-
-
income
21 408
32 490
-
-
total
21 408
32 490
-
-
Dividends
91 264
138 510
-
-
withholding
13 690
20 777
-
-
total
13 690
20 777
-
-
Income
171 000
171 000
171 000
171 000
Total tax
63 826
53 267
82 156
74 652
After tax
107 174
117 733
88 844
96 348
Living cost
29 599
29 599
29 599
29 599
Free-cash
77 575
88 134
59 245
66 749

Estimated living cost  is ₽29599 per week

₽22012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
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.
₽5436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62735
₽62238
₽55902
₽13414
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
chamber of commerce
-
-
-
684
income
-
-
-
45 523
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
-
total
-
-
-
83 053
Employee
43 907
40 028
135 876
-
other
438
400
1 174
-
health
1 698
1 550
4 540
-
income
3 911
2 953
36 149
-
pensions
4 497
4 098
12 016
-
unemployment
1 317
1 201
3 521
-
total
11 861
10 202
57 400
-
Employer
43 907
40 028
135 876
-
accident
570
520
1 525
-
other
2 085
1 900
6 296
-
chamber of commerce
175
160
543
-
unemployment
1 317
1 201
3 521
-
surtax
-
-
-
-
pensions
5 511
5 024
14 727
-
payroll
1 317
1 201
4 077
-
health
1 660
1 513
4 436
-
total
12 635
11 519
35 125
-
Corporate
114 458
119 451
132 064
-
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.

28 614
29 863
33 016
-
total
28 614
29 863
33 016
-
Dividends
85 843
89 588
-
-
withholding
23 607
24 636
-
-
total
23 607
24 636
-
-
Income
171 000
171 000
171 000
171 000
Total tax
76 717
76 220
125 541
83 053
After tax
94 283
94 780
45 459
87 947
Living cost
32 045
32 045
32 045
32 045
Free-cash
62 238
62 735
13 414
55 902

Estimated living cost  is ₽32045 per week

₽19223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148270
₽145611
₽155110
₽122620
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
171 000
microenterprise

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

-
-
-
1 710
total
-
-
-
1 710
Employee
17 726
-
171 000
-
income
3 545
-
34 200
-
total
3 545
-
34 200
-
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%.

153 274
171 000
-
-
total
-
-
-
-
Dividends
153 274
171 000
-
-
withholding
7 664
8 550
-
-
total
7 664
8 550
-
-
Income
171 000
171 000
171 000
171 000
Total tax
11 209
8 550
34 200
1 710
After tax
159 791
162 450
136 800
169 290
Living cost
14 180
14 180
14 180
14 180
Free-cash
145 611
148 270
122 620
155 110

Estimated living cost  is ₽14180 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90792
₽82389
₽56876
₽52345
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
171 000
income
-
-
-
38 869
pensions
-
-
-
31 230
unemployment
-
-
-
257
health
-
-
-
16 827
total
-
-
-
87 183
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.

44 416
-
147 961
-
health
2 869
-
9 559
-
income
7 660
-
35 973
-
pensions
6 885
-
22 934
-
unemployment
63
-
208
-
total
17 477
-
68 674
-
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.

44 416
-
147 961
-
unemployment
27
-
90
-
pensions
3 930
-
13 095
-
health
2 958
-
9 855
-
total
6 915
-
23 040
-
Corporate
119 668
171 000
-
-
income
22 738
32 490
-
-
total
22 738
32 490
-
-
Dividends
96 930
138 510
-
-
withholding
14 540
20 777
-
-
total
14 540
20 777
-
-
Income
171 000
171 000
171 000
171 000
Total tax
61 670
53 267
91 714
87 183
After tax
109 330
117 733
79 286
83 817
Living cost
26 941
26 941
26 941
26 941
Free-cash
82 389
90 792
52 345
56 876

Estimated living cost  is ₽26941 per week

₽18489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
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.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60472
₽12447
₽74611
₽114154
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
income
-
-
-
33 331
social contributions
-
-
-
19 494
total
-
-
-
52 825
Employee
62 465
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 465
-
-
-
social contributions
88 076
-
12 552
-
total
88 076
-
12 552
-
Corporate
20 459
171 000
-
-
income
4 501
37 620
-
-
total
4 501
37 620
-
-
Dividends
15 958
133 380
-
-
income
3 511
29 344
-
-
total
3 511
29 344
-
-
Income
171 000
171 000
171 000
171 000
Total tax
114 989
66 964
13 282
52 825
After tax
56 011
104 036
157 718
118 175
Living cost
43 564
43 564
43 564
43 564
Free-cash
12 447
60 472
114 154
74 611

Estimated living cost  is ₽43564 per week

₽28266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65760
₽64747
₽60339
₽47490
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
171 000
income
-
-
-
19 732
surtax
-
-
-
-
social contributions

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

-
-
-
59 423
total
-
-
-
79 155
Employee
46 196
-
138 181
-
social contributions
5 082
-
15 199
-
surtax
-
-
-
-
income
9 609
-
43 988
-
total
14 691
-
59 187
-
Employer
46 196
-
138 181
-
social contributions
10 972
-
32 817
-
total
10 972
-
32 817
-
Corporate
113 832
171 000
-
-
surtax
-
-
-
-
income
23 904
35 909
-
-
total
23 904
35 909
-
-
Dividends
89 928
135 091
-
-
withholding
25 180
37 825
-
-
total
25 180
37 825
-
-
Income
171 000
171 000
171 000
171 000
Total tax
74 747
73 734
92 004
79 155
After tax
96 253
97 266
78 996
91 845
Living cost
31 506
31 506
31 506
31 506
Free-cash
64 747
65 760
47 490
60 339

Estimated living cost  is ₽31506 per week

₽23573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37671
₽44576
₽47944
₽46111
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
income
-
-
-
26 266
pensions
-
-
-
31 057
other
-
-
-
5 301
health
-
-
-
7 047
surtax
-
-
-
-
social contributions
-
-
-
4 872
total
-
-
-
74 543
Employee
62 910
-
132 834
-
social contributions
1 792
-
3 784
-
surtax
-
-
-
-
income
5 489
-
25 396
-
pensions
7 115
-
9 033
-
total
14 396
-
38 213
-
Employer
62 910
-
132 834
-
other
2 171
-
5 094
-
social contributions
189
-
398
-
unemployment
2 548
-
5 379
-
pensions
10 337
-
15 242
-
health
4 403
-
12 050
-
total
19 648
-
38 163
-
Corporate
88 442
171 000
-
-
surtax
-
-
-
-
income
24 764
47 879
-
-
total
24 764
47 879
-
-
Dividends
63 678
123 121
-
-
surtax
-
-
-
-
social contributions
10 952
21 177
-
-
withholding
8 151
15 760
-
-
total
19 103
36 937
-
-
Income
171 000
171 000
171 000
171 000
Total tax
77 911
84 816
76 376
74 543
After tax
93 089
86 184
94 624
96 457
Living cost
48 513
48 513
48 513
48 513
Free-cash
44 576
37 671
46 111
47 944

Estimated living cost  is ₽48513 per week

₽32833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123707
₽120334
₽95949
₽100492
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
income
-
-
-
7 239
social contributions
-
-
-
37 619
total
-
-
-
44 858
Employee
32 292
-
148 052
-
income
-
-
7 743
-
social contributions
2 099
-
9 624
-
total
2 099
-
17 367
-
Employer
32 292
-
148 052
-
social contributions
5 005
-
22 948
-
total
5 005
-
22 948
-
Corporate
133 703
171 000
-
-
income
13 369
17 100
-
-
total
13 369
17 100
-
-
Dividends
120 334
153 900
-
-
total
-
-
-
-
Income
171 000
171 000
171 000
171 000
Total tax
20 473
17 100
40 315
44 858
After tax
150 527
153 900
130 685
126 142
Living cost
30 193
30 193
30 193
30 193
Free-cash
120 334
123 707
100 492
95 949

Estimated living cost  is ₽30193 per week

₽19522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47845
-₽47845
₽52821
-₽47845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
municipal
-
-
-
35 444
pensions
-
-
-
871
national
-
-
-
19 880
labour market
-
-
-
13 610
total
-
-
-
69 805
Employee
204 176
204 176
204 176
-
labour market
16 311
16 311
16 311
-
national
24 944
24 944
24 944
-
municipal
43 478
43 478
43 478
-
pensions
290
290
290
-
total
85 023
85 023
85 023
-
Employer
204 176
204 176
204 176
-
labour market
16 334
16 334
16 334
-
municipal
43 547
43 547
43 547
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 448
85 448
85 448
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
171 000
171 000
171 000
171 000
Total tax
170 471
170 471
170 471
69 805
After tax
529
529
529
101 195
Living cost
48 374
48 374
48 374
48 374
Free-cash
-47 845
-47 845
-47 845
52 821

Estimated living cost  is ₽48374 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7868
₽10521
₽95198
₽70972
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
accident
-
-
-
253
income
-
-
-
47 105
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
54 083
Employee
34 165
-
153 631
-
health
3 912
-
17 590
-
income
4 687
-
35 705
-
pensions
3 847
-
7 645
-
total
12 446
-
60 940
-
Employer
34 165
-
153 631
-
accident
570
-
2 566
-
unemployment
837
-
3 764
-
pensions
5 555
-
11 039
-
total
6 962
-
17 369
-
Corporate
129 872
171 000
-
-
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.

116 885
153 900
-
-
total
116 885
153 900
-
-
Dividends
12 987
17 100
-
-
withholding
2 467
3 249
-
-
total
2 467
3 249
-
-
Income
171 000
171 000
171 000
171 000
Total tax
138 760
157 149
78 309
54 083
After tax
32 240
13 851
92 691
116 917
Living cost
21 719
21 719
21 719
21 719
Free-cash
10 521
-7 868
70 972
95 198

Estimated living cost  is ₽21719 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68957
₽71342
₽72591
₽51518
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
171 000
municipal
-
-
-
30 381
health
-
-
-
2 215
national
-
-
-
27 250
total
-
-
-
59 846
Employee
52 845
-
143 855
-
health
395
-
1 796
-
municipal
8 656
-
23 434
-
pensions
3 566
-
9 710
-
unemployment
793
-
2 158
-
national
873
-
16 676
-
total
14 283
-
53 774
-
Employer
52 845
-
143 855
-
accident
53
-
143
-
unemployment
343
-
936
-
pensions
9 168
-
24 959
-
health
406
-
1 107
-
total
9 970
-
27 145
-
Corporate
108 184
171 000
-
-
income
21 636
34 199
-
-
total
21 636
34 199
-
-
Dividends

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

64 911
102 601
-
-
national
3 522
10 813
-
-
municipal
11 684
18 468
-
-
total
15 206
29 281
-
-
Income
171 000
171 000
171 000
171 000
Total tax
61 095
63 480
80 919
59 846
After tax
109 905
107 520
90 081
111 154
Living cost
38 563
38 563
38 563
38 563
Free-cash
71 342
68 957
51 518
72 591

Estimated living cost  is ₽38563 per week

₽25189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101511
₽96043
₽93921
₽92400
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
income
-
-
-
33 212
health
-
-
-
4 361
social contributions
-
-
-
16 251
total
-
-
-
53 824
Employee
77 236
77 236
159 405
-
social contributions
2 920
6 410
8 646
-
health
599
1 313
2 710
-
income
8 410
7 150
32 394
-
total
11 929
14 873
43 750
-
Employer
77 236
77 236
159 405
-
social contributions
2 920
6 410
8 646
-
health
650
1 430
2 949
-
total
3 570
7 840
11 595
-
Corporate
132 246
85 924
-
-
income
16 532
10 741
-
-
total
16 532
10 741
-
-
Dividends
115 714
75 183
-
-
withholding
19 671
12 780
-
-
total
19 671
12 780
-
-
Income
171 000
171 000
171 000
171 000
Total tax
51 702
46 234
55 345
53 824
After tax
119 298
124 766
115 655
117 176
Living cost
23 255
23 255
23 255
23 255
Free-cash
96 043
101 511
92 400
93 921

Estimated living cost  is ₽23255 per week

₽13937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125659
₽120549
₽127650
₽107504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
171 000
income
-
-
-
17 350
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
27 403
Employee

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

23 055
-
161 184
-
health
1 959
-
8 101
-
income
1 576
-
14 858
-
pensions
3 458
-
14 296
-
unemployment
114
-
477
-
total
7 107
-
37 732
-
Employer

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

23 055
-
161 184
-
unemployment
114
-
477
-
pensions
1 268
-
5 242
-
health
991
-
4 098
-
total
2 373
-
9 817
-
Corporate
145 572
171 000
-
-
income
13 101
15 390
-
-
total
13 101
15 390
-
-
Dividends
132 471
155 610
-
-
withholding
11 923
14 004
-
-
total
11 923
14 004
-
-
Income
171 000
171 000
171 000
171 000
Total tax
34 504
29 394
47 549
27 403
After tax
136 496
141 606
123 451
143 597
Living cost
15 947
15 947
15 947
15 947
Free-cash
120 549
125 659
107 504
127 650

Estimated living cost  is ₽15947 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽86433
₽81999
₽68411
₽64197
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
accident
-
-
-
839
income
-
-
-
47 038
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
74 968
Employee
37 140
-
141 320
-
other
36
-
93
-
income
7 160
-
43 590
-
pensions
1 746
-
4 376
-
unemployment
576
-
1 443
-
total
9 518
-
49 502
-
Employer
37 140
-
141 320
-
accident
736
-
1 843
-
other
297
-
745
-
unemployment
2 043
-
5 120
-
pensions
8 764
-
21 972
-
total
11 840
-
29 680
-
Corporate
122 019
171 000
-
-
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.

18 302
25 650
-
-
total
18 302
25 650
-
-
Dividends
103 717
145 350
-
-
withholding
21 720
31 296
-
-
total
21 720
31 296
-
-
Income
171 000
171 000
171 000
171 000
Total tax
61 380
56 946
79 182
74 968
After tax
109 620
114 054
91 818
96 032
Living cost
27 621
27 621
27 621
27 621
Free-cash
81 999
86 433
64 197
68 411

Estimated living cost  is ₽27621 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103954
₽103503
₽106785
₽106589
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
income
-
-
-
58 004
pensions
-
-
-
2 006
health
-
-
-
1 455
total
-
-
-
61 465
Employee
4 189
-
168 743
-
health
209
-
502
-
income
810
-
57 899
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 438
-
59 404
-
Employer
4 189
-
168 743
-
unemployment
84
-
201
-
pensions
461
-
1 103
-
health
398
-
953
-
total
943
-
2 257
-
Corporate
165 868
171 000
-
-
income
36 491
37 620
-
-
total
36 491
37 620
-
-
Dividends
129 377
133 380
-
-
withholding
25 875
26 676
-
-
total
25 875
26 676
-
-
Income
171 000
171 000
171 000
171 000
Total tax
64 747
64 296
61 661
61 465
After tax
106 253
106 704
109 339
109 535
Living cost
2 750
2 750
2 750
2 750
Free-cash
103 503
103 954
106 589
106 785

Estimated living cost  is ₽2750 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
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.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106177
₽101237
₽87019
₽87017
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
171 000
income
-
-
-
38 554
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 645
total
-
-
-
66 611
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.

26 193
-
157 713
-
health
1 349
-
3 823
-
income
3 610
-
38 554
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
53 326
-
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.

26 193
-
157 713
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
140 119
171 000
-
-
income
21 018
25 650
-
-
total
21 018
25 650
-
-
Dividends
119 101
145 350
-
-
withholding
17 865
21 803
-
-
total
17 865
21 803
-
-
Income
171 000
171 000
171 000
171 000
Total tax
52 393
47 453
66 613
66 611
After tax
118 607
123 547
104 387
104 389
Living cost
17 370
17 370
17 370
17 370
Free-cash
101 237
106 177
87 017
87 019

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70187
₽69825
₽64766
₽51917
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
171 000
income
-
-
-
19 732
surtax
-
-
-
-
social contributions

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

-
-
-
59 423
total
-
-
-
79 155
Employee
38 984
-
138 181
-
social contributions
4 289
-
15 199
-
surtax
-
-
-
-
income
7 617
-
43 988
-
total
11 906
-
59 187
-
Employer
38 984
-
138 181
-
social contributions
9 258
-
32 817
-
total
9 258
-
32 817
-
Corporate
122 758
171 000
-
-
surtax
-
-
-
-
income
25 778
35 909
-
-
total
25 778
35 909
-
-
Dividends
96 980
135 091
-
-
withholding
27 154
37 825
-
-
total
27 154
37 825
-
-
Income
171 000
171 000
171 000
171 000
Total tax
74 096
73 734
92 004
79 155
After tax
96 904
97 266
78 996
91 845
Living cost
27 079
27 079
27 079
27 079
Free-cash
69 825
70 187
51 917
64 766

Estimated living cost  is ₽27079 per week

₽19179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78754
₽72095
₽60732
₽56518
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
accident
-
-
-
839
income
-
-
-
47 038
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
74 968
Employee
48 510
-
141 320
-
other
48
-
93
-
income
10 132
-
43 590
-
pensions
2 280
-
4 376
-
unemployment
751
-
1 443
-
total
13 211
-
49 502
-
Employer
48 510
-
141 320
-
accident
961
-
1 843
-
other
389
-
745
-
unemployment
2 669
-
5 120
-
pensions
11 448
-
21 972
-
total
15 467
-
29 680
-
Corporate
107 024
171 000
-
-
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.

16 053
25 650
-
-
total
16 053
25 650
-
-
Dividends
90 971
145 350
-
-
withholding
18 874
31 296
-
-
total
18 874
31 296
-
-
Income
171 000
171 000
171 000
171 000
Total tax
63 605
56 946
79 182
74 968
After tax
107 395
114 054
91 818
96 032
Living cost
35 300
35 300
35 300
35 300
Free-cash
72 095
78 754
56 518
60 732

Estimated living cost  is ₽35300 per week

₽25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128929
₽122810
₽118708
₽125349
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
income
-
-
-
25 650
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
35 016
Employee
22 876
-
164 117
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
16 412
-
pensions

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

2 008
-
3 080
-
total
5 599
-
21 492
-
Employer
22 876
-
164 117
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
143 635
171 000
-
-
income
14 363
17 100
-
-
total
14 363
17 100
-
-
Dividends
129 272
153 900
-
-
withholding
6 464
7 695
-
-
total
6 464
7 695
-
-
Income
171 000
171 000
171 000
171 000
Total tax
30 914
24 795
28 375
35 016
After tax
140 086
146 205
142 625
135 984
Living cost
17 276
17 276
17 276
17 276
Free-cash
122 810
128 929
125 349
118 708

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49236
₽62374
₽52450
₽70287
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
171 000
trade
-
-
-
17 837
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.

-
-
-
52 201
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.

-
-
-
6 862
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.

-
-
-
2 871
total
-
-
-
79 771
Employee

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

49 977
-
171 000
-
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.

6 862
-
6 862
-
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.

227
-
2 871
-
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.

4 110
-
52 201
-
total
11 199
-
61 934
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
121 023
171 000
-
-
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.

999
1 411
-
-
income
18 154
25 650
-
-
trade
17 367
24 539
-
-
chamber of commerce
330
404
-
-
total
36 850
52 004
-
-
Dividends
84 174
118 996
-
-
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.

1 136
1 614
-
-
withholding
20 662
29 367
-
-
total
21 798
30 981
-
-
Income
171 000
171 000
171 000
171 000
Total tax
69 847
82 985
61 934
79 771
After tax
101 153
88 015
109 066
91 229
Living cost
38 779
38 779
38 779
38 779
Free-cash
62 374
49 236
70 287
52 450

Estimated living cost  is ₽38779 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62482
₽64702
₽33594
₽33594
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
income
-
-
-
51 798
social contributions
-
-
-
28 391
total
-
-
-
80 189
Employee
78 569
-
171 000
-
income
14 826
-
51 798
-
social contributions
6 527
-
28 391
-
total
21 353
-
80 189
-
Employer
78 569
-
171 000
-
total
-
-
-
-
Corporate
92 431
171 000
-
-
income
11 553
21 375
-
-
total
11 553
21 375
-
-
Dividends
80 878
149 625
-
-
withholding
16 175
29 926
-
-
total
16 175
29 926
-
-
Income
171 000
171 000
171 000
171 000
Total tax
49 081
51 301
80 189
80 189
After tax
121 919
119 699
90 811
90 811
Living cost
57 217
57 217
57 217
57 217
Free-cash
64 702
62 482
33 594
33 594

Estimated living cost  is ₽57217 per week

₽43530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
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.
₽8478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69382
₽72890
₽99217
₽85486
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
171 000
income
-
-
-
28 592
health

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

-
-
-
6 730
total
-
-
-
35 322
Employee
46 078
-
166 380
-
income
5 000
-
39 813
-
social contributions
4 617
-
4 620
-
total
9 617
-
44 433
-
Employer
46 078
-
166 380
-
social contributions
4 617
-
4 620
-
total
4 617
-
4 620
-
Corporate
120 306
171 000
-
-
income
42 108
59 850
-
-
total
42 108
59 850
-
-
Dividends
78 198
111 150
-
-
social contributions
5 307
5 307
-
-
total
5 307
5 307
-
-
Income
171 000
171 000
171 000
171 000
Total tax
61 649
65 157
49 053
35 322
After tax
109 351
105 843
121 947
135 678
Living cost
36 461
36 461
36 461
36 461
Free-cash
72 890
69 382
85 486
99 217

Estimated living cost  is ₽36461 per week

₽24017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75284
₽81227
₽76557
₽61048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
income
-
-
-
48 263
pensions
-
-
-
8 912
total
-
-
-
57 175
Employee
51 155
-
149 432
-
health
667
-
2 188
-
income
9 316
-
37 924
-
pensions
3 904
-
11 004
-
total
13 887
-
51 116
-
Employer
51 155
-
149 432
-
pensions
5 168
-
18 729
-
health
972
-
2 839
-
total
6 140
-
21 568
-
Corporate
113 704
171 000
-
-
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.

21 603
32 490
-
-
total
21 603
32 490
-
-
Dividends
92 101
138 510
-
-
withholding
10 875
25 958
-
-
total
10 875
25 958
-
-
Income
171 000
171 000
171 000
171 000
Total tax
52 505
58 448
72 684
57 175
After tax
118 495
112 552
98 316
113 825
Living cost
37 268
37 268
37 268
37 268
Free-cash
81 227
75 284
61 048
76 557

Estimated living cost  is ₽37268 per week

₽25565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10018
₽10189
₽93048
₽68822
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
accident
-
-
-
253
income
-
-
-
47 105
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
54 083
Employee
37 547
-
153 631
-
health
4 299
-
17 590
-
income
5 151
-
35 705
-
pensions
4 228
-
7 645
-
total
13 678
-
60 940
-
Employer
37 547
-
153 631
-
accident
627
-
2 566
-
unemployment
920
-
3 764
-
pensions
6 105
-
11 039
-
total
7 652
-
17 369
-
Corporate
125 802
171 000
-
-
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.

113 222
153 900
-
-
total
113 222
153 900
-
-
Dividends
12 580
17 100
-
-
withholding
2 390
3 249
-
-
total
2 390
3 249
-
-
Income
171 000
171 000
171 000
171 000
Total tax
136 942
157 149
78 309
54 083
After tax
34 058
13 851
92 691
116 917
Living cost
23 869
23 869
23 869
23 869
Free-cash
10 189
-10 018
68 822
93 048

Estimated living cost  is ₽23869 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
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.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130331
₽125631
₽85160
₽107244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
171 000
work injury
-
-
-
803
health insurance
-
-
-
11 886
income
-
-
-
28 104
pensions
-
-
-
29 554
unemployment
-
-
-
1 927
total
-
-
-
72 274
Employee

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

21 706
-
171 000
-
work injury
109
-
402
-
income
2 171
-
28 104
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
50 190
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
149 294
171 000
-
-
income

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

1 493
1 710
-
-
total
1 493
1 710
-
-
Dividends
147 801
169 290
-
-
withholding
22 170
25 393
-
-
total
22 170
25 393
-
-
Income
171 000
171 000
171 000
171 000
Total tax
31 803
27 103
50 190
72 274
After tax
139 197
143 897
120 810
98 726
Living cost
13 566
13 566
13 566
13 566
Free-cash
125 631
130 331
107 244
85 160

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50057
₽45487
₽40034
₽32527
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 000
municipal
-
-
-
1 144
regional
-
-
-
3 910
national
-
-
-
41 917
social contributions
-
-
-
43 981
total
-
-
-
90 952
Employee
84 640
-
171 000
-
social contributions
28 540
-
57 662
-
regional
1 278
-
3 468
-
municipal
505
-
1 020
-
national
14 303
-
36 309
-
total
44 626
-
98 459
-
Employer
84 640
-
171 000
-
total
-
-
-
-
Corporate
86 360
171 000
-
-
nationa
20 727
41 040
-
-
municipal
4 163
8 242
-
-
total
24 890
49 282
-
-
Dividends
61 470
121 718
-
-
withholding
15 983
31 647
-
-
total
15 983
31 647
-
-
Income
171 000
171 000
171 000
171 000
Total tax
85 499
80 929
98 459
90 952
After tax
85 501
90 071
72 541
80 048
Living cost
40 014
40 014
40 014
40 014
Free-cash
45 487
50 057
32 527
40 034

Estimated living cost  is ₽40014 per week

₽28107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close