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
₽ 171500
per

Your estimated
City
free-cash

Dresden , Germany
₽55940
₽67107
₽59223
₽78845
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
171 500
trade
-
-
-
19 622
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.

-
-
-
52 317
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.

-
-
-
6 894
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.

-
-
-
2 877
total
-
-
-
81 710
Employee

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

38 599
-
171 500
-
health

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

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

6 894
-
6 894
-
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
-
2 877
-
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.

1 078
-
52 317
-
total
8 031
-
62 088
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
132 901
171 500
-
-
surtax

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

1 095
1 415
-
-
income
19 934
25 726
-
-
trade
20 932
27 011
-
-
chamber of commerce
345
400
-
-
total
42 306
54 552
-
-
Dividends
90 594
116 948
-
-
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.

1 224
1 588
-
-
withholding
22 265
28 853
-
-
total
23 489
30 441
-
-
Income
171 500
171 500
171 500
171 500
Total tax
73 826
84 993
62 088
81 710
After tax
97 674
86 507
109 412
89 790
Living cost
30 567
30 567
30 567
30 567
Free-cash
67 107
55 940
78 845
59 223

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56022
₽55174
₽50284
₽51595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
municipal
-
-
-
18 747
pensions
-
-
-
20 580
national
-
-
-
29 051
social contributions
-
-
-
1 844
total
-
-
-
70 222
Employee
79 050
-
148 260
-
municipal
9 764
-
19 411
-
pensions
3 162
-
5 930
-
national
15 130
-
30 115
-
total
28 056
-
55 456
-
Employer
79 050
-
148 260
-
social contributions
850
-
1 594
-
pensions
6 324
-
11 861
-
total
7 174
-
13 455
-
Corporate
80 059
171 500
-
-
income

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

16 012
34 300
-
-
total
16 012
34 300
-
-
Dividends
64 047
137 200
-
-
withholding
14 090
30 184
-
-
total
14 090
30 184
-
-
Income
171 500
171 500
171 500
171 500
Total tax
65 332
64 484
68 911
70 222
After tax
106 168
107 016
102 589
101 278
Living cost
50 994
50 994
50 994
50 994
Free-cash
55 174
56 022
51 595
50 284

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116205
₽107927
₽37649
₽50218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
171 500
microenterprise
-
-
-
-
income
-
-
-
30 458
surtax
-
-
-
43 732
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.

-
-
-
38 666
total
-
-
-
112 856
Employee
29 489
-
128 402
-
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.

3 244
-
13 230
-
surtax
-
-
18 619
-
income
5 249
-
25 340
-
total
8 493
-
57 189
-
Employer
29 489
-
128 402
-
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.

7 103
-
28 974
-
surtax
-
-
14 124
-
total
7 103
-
43 098
-
Corporate
134 908
171 500
-
-
income

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

26 982
34 300
-
-
total
26 982
34 300
-
-
Dividends

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

107 926
137 200
-
-
total
-
-
-
-
Income
171 500
171 500
171 500
171 500
Total tax
42 578
34 300
100 287
112 856
After tax
128 922
137 200
71 213
58 644
Living cost
20 995
20 995
20 995
20 995
Free-cash
107 927
116 205
50 218
37 649

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42541
₽36356
₽52843
₽64193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
income
-
-
-
52 113
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
76 381
Employee
86 180
86 180
152 745
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
22 008
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
46 276
-
Employer
86 180
86 180
152 745
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 456
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 755
-
Corporate
71 286
70 229
-
-
income
14 258
14 045
-
-
total
14 258
14 045
-
-
Dividends
57 028
56 183
-
-
income
12 119
11 939
-
-
withholding
8 555
8 428
-
-
total
20 674
20 367
-
-
Income
171 500
171 500
171 500
171 500
Total tax
92 868
86 683
65 031
76 381
After tax
78 632
84 817
106 469
95 119
Living cost
42 276
42 276
42 276
42 276
Free-cash
36 356
42 541
64 193
52 843

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54647
₽53772
₽49111
₽48164
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
municipal
-
-
-
43 759
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
14 881
total
-
-
-
83 397
Employee
55 560
-
144 650
-
municipal
16 568
-
43 135
-
national
-
-
14 358
-
total
16 568
-
57 493
-
Employer
55 560
-
144 650
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 238
-
health
3 417
-
5 256
-
total
17 457
-
26 851
-
Corporate
98 483
171 500
-
-
income
21 666
37 730
-
-
total
21 666
37 730
-
-
Dividends
76 817
133 770
-
-
withholding
23 045
40 131
-
-
total
23 045
40 131
-
-
Income
171 500
171 500
171 500
171 500
Total tax
78 736
77 861
84 344
83 397
After tax
92 764
93 639
87 156
88 103
Living cost
38 992
38 992
38 992
38 992
Free-cash
53 772
54 647
48 164
49 111

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
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.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45982
₽60163
₽49273
₽69767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
171 500
trade
-
-
-
20 494
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.

-
-
-
52 317
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.

-
-
-
6 894
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.

-
-
-
2 877
total
-
-
-
82 582
Employee

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

51 178
-
171 500
-
health

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

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

6 894
-
6 894
-
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.

241
-
2 877
-
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.

4 397
-
52 317
-
total
11 532
-
62 088
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
120 322
171 500
-
-
surtax

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

992
1 415
-
-
income
18 048
25 726
-
-
trade
19 793
28 212
-
-
chamber of commerce
324
396
-
-
total
39 157
55 749
-
-
Dividends
81 166
115 751
-
-
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.

1 095
1 570
-
-
withholding
19 908
28 554
-
-
total
21 003
30 124
-
-
Income
171 500
171 500
171 500
171 500
Total tax
71 692
85 873
62 088
82 582
After tax
99 808
85 627
109 412
88 918
Living cost
39 645
39 645
39 645
39 645
Free-cash
60 163
45 982
69 767
49 273

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
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.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92397
₽88213
₽84801
₽83274
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
income
-
-
-
33 264
health
-
-
-
4 374
social contributions
-
-
-
16 328
total
-
-
-
53 966
Employee
77 601
77 601
159 856
-
social contributions
3 771
6 441
8 687
-
health
772
1 320
2 718
-
income
8 149
7 184
32 444
-
total
12 692
14 945
43 849
-
Employer
77 601
77 601
159 856
-
social contributions
3 771
6 441
8 687
-
health
841
1 436
2 957
-
total
4 612
7 877
11 644
-
Corporate
121 464
86 022
-
-
income
15 183
10 753
-
-
total
15 183
10 753
-
-
Dividends
106 281
75 268
-
-
withholding
18 067
12 795
-
-
total
18 067
12 795
-
-
Income
171 500
171 500
171 500
171 500
Total tax
50 554
46 370
55 493
53 966
After tax
120 946
125 130
116 007
117 534
Living cost
32 733
32 733
32 733
32 733
Free-cash
88 213
92 397
83 274
84 801

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78017
₽78399
₽100470
₽81084
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
income
-
-
-
20 966
pensions
-
-
-
17 150
unemployment
-
-
-
2 573
health
-
-
-
12 005
total
-
-
-
52 694
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.

26 469
10 534
143 515
-
health
1 853
737
10 046
-
income
3 236
1 288
17 545
-
pensions
2 647
1 053
14 351
-
unemployment
397
158
2 153
-
total
8 133
3 236
44 095
-
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.

26 469
10 534
143 515
-
pensions
5 161
2 054
27 985
-
total
5 161
2 054
27 985
-
Corporate
139 870
158 912
-
-
income
12 588
14 302
-
-
total
12 588
14 302
-
-
Dividends
127 282
144 610
-
-
social contributions
24 700
28 079
-
-
withholding
24 183
27 476
-
-
total
48 883
55 555
-
-
Income
171 500
171 500
171 500
171 500
Total tax
74 765
75 147
72 080
52 694
After tax
96 735
96 353
99 420
118 806
Living cost
18 336
18 336
18 336
18 336
Free-cash
78 399
78 017
81 084
100 470

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112825
₽106555
₽67548
₽74473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
income
-
-
-
22 981
pensions
-
-
-
34 300
health
-
-
-
22 296
total
-
-
-
79 577
Employee
28 629
-
128 176
-
income
3 223
-
24 713
-
pensions
573
-
2 564
-
unemployment
458
-
2 051
-
total
4 254
-
29 328
-
Employer
28 629
-
128 176
-
unemployment
230
-
1 025
-
pensions
5 726
-
25 636
-
health
3 721
-
16 663
-
total
9 677
-
43 324
-
Corporate
133 194
171 500
-
-
income
26 639
34 300
-
-
total
26 639
34 300
-
-
Dividends
106 555
137 200
-
-
total
-
-
-
-
Income
171 500
171 500
171 500
171 500
Total tax
40 570
34 300
72 652
79 577
After tax
130 930
137 200
98 848
91 923
Living cost
24 375
24 375
24 375
24 375
Free-cash
106 555
112 825
74 473
67 548

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8180
₽10506
₽95186
₽70900
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
accident
-
-
-
253
income
-
-
-
47 255
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
54 242
Employee
34 721
-
154 098
-
health
3 975
-
17 644
-
income
4 763
-
35 828
-
pensions
3 910
-
7 654
-
total
12 648
-
61 126
-
Employer
34 721
-
154 098
-
accident
580
-
2 574
-
unemployment
851
-
3 775
-
pensions
5 646
-
11 053
-
total
7 077
-
17 402
-
Corporate
129 703
171 500
-
-
income

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

116 733
154 350
-
-
total
116 733
154 350
-
-
Dividends
12 970
17 150
-
-
withholding
2 464
3 258
-
-
total
2 464
3 258
-
-
Income
171 500
171 500
171 500
171 500
Total tax
138 922
157 608
78 528
54 242
After tax
32 578
13 892
92 972
117 258
Living cost
22 072
22 072
22 072
22 072
Free-cash
10 506
-8 180
70 900
95 186

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153845
₽152142
₽160705
₽128120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
171 500
microenterprise

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

-
-
-
1 715
total
-
-
-
1 715
Employee
11 349
-
171 500
-
income
2 270
-
34 300
-
total
2 270
-
34 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

160 151
171 500
-
-
total
-
-
-
-
Dividends
160 151
171 500
-
-
withholding
8 008
8 575
-
-
total
8 008
8 575
-
-
Income
171 500
171 500
171 500
171 500
Total tax
10 278
8 575
34 300
1 715
After tax
161 222
162 925
137 200
169 785
Living cost
9 080
9 080
9 080
9 080
Free-cash
152 142
153 845
128 120
160 705

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
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.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99109
₽92296
₽67849
₽70461
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
income
-
-
-
25 887
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.

-
-
-
36 831
other
-
-
-
7 289
health
-
-
-
6 753
total
-
-
-
76 760
Employee
36 642
-
136 980
-
health
513
-
1 917
-
income
6 308
-
26 756
-
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.

2 564
-
9 589
-
unemployment
366
-
1 369
-
total
9 751
-
39 631
-
Employer
36 642
-
136 980
-
accident
293
-
1 095
-
other
1 833
-
6 848
-
unemployment
366
-
1 369
-
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.

6 230
-
23 288
-
health
513
-
1 917
-
total
9 235
-
34 517
-
Corporate
125 623
171 500
-
-
income
26 381
36 016
-
-
total
26 381
36 016
-
-
Dividends
99 242
135 484
-
-
withholding
6 946
9 484
-
-
total
6 946
9 484
-
-
Income
171 500
171 500
171 500
171 500
Total tax
52 313
45 500
74 148
76 760
After tax
119 187
126 000
97 352
94 740
Living cost
26 891
26 891
26 891
26 891
Free-cash
92 296
99 109
70 461
67 849

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45276
₽46861
₽46517
₽30957
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
income
-
-
-
48 284
pensions
-
-
-
8 973
total
-
-
-
57 257
Employee
95 822
-
149 878
-
health
1 579
-
2 199
-
income
17 273
-
37 909
-
pensions
9 244
-
11 087
-
total
28 096
-
51 195
-
Employer
95 822
-
149 878
-
pensions
11 314
-
18 774
-
health
1 820
-
2 848
-
total
13 134
-
21 622
-
Corporate
62 544
171 500
-
-
income

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

11 883
32 586
-
-
total
11 883
32 586
-
-
Dividends
50 661
138 914
-
-
withholding
3 800
25 912
-
-
total
3 800
25 912
-
-
Income
171 500
171 500
171 500
171 500
Total tax
56 913
58 498
72 817
57 257
After tax
114 587
113 002
98 683
114 243
Living cost
67 726
67 726
67 726
67 726
Free-cash
46 861
45 276
30 957
46 517

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽133393
₽128703
₽123119
₽129775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
income
-
-
-
25 725
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
35 142
Employee
17 531
-
164 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
16 458
-
pensions

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

1 539
-
3 097
-
total
4 291
-
21 565
-
Employer
17 531
-
164 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
150 529
171 500
-
-
income
15 053
17 150
-
-
total
15 053
17 150
-
-
Dividends
135 476
154 350
-
-
withholding
6 774
7 718
-
-
total
6 774
7 718
-
-
Income
171 500
171 500
171 500
171 500
Total tax
29 558
24 868
28 486
35 142
After tax
141 942
146 632
143 014
136 358
Living cost
13 239
13 239
13 239
13 239
Free-cash
128 703
133 393
129 775
123 119

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28856
₽31393
₽39158
₽50508
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
income
-
-
-
52 113
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
76 381
Employee
93 564
86 180
152 745
-
health
11 673
11 251
12 444
-
income

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

14 106
14 106
22 008
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
46 276
-
Employer
93 564
86 180
152 745
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 456
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 755
-
Corporate
61 554
70 229
-
-
income
12 310
14 045
-
-
total
12 310
14 045
-
-
Dividends
49 244
56 183
-
-
income
10 464
11 939
-
-
withholding
7 387
8 428
-
-
total
17 851
20 367
-
-
Income
171 500
171 500
171 500
171 500
Total tax
84 146
86 683
65 031
76 381
After tax
87 354
84 817
106 469
95 119
Living cost
55 961
55 961
55 961
55 961
Free-cash
31 393
28 856
50 508
39 158

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93907
₽85285
₽72360
₽64845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
income
-
-
-
17 035
health
-
-
-
23 153
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 781
total
-
-
-
74 969
Employee
35 546
-
130 020
-
social contributions
2 310
-
7 742
-
health
4 799
-
17 553
-
solidarity contribution
-
-
-
-
income
4 265
-
15 709
-
total
11 374
-
41 004
-
Employer
35 546
-
130 020
-
social contributions
8 886
-
29 778
-
health
3 199
-
11 702
-
total
12 085
-
41 480
-
Corporate
123 869
171 500
-
-
income
23 535
32 585
-
-
total
23 535
32 585
-
-
Dividends
100 334
138 915
-
-
withholding
15 050
20 837
-
-
total
15 050
20 837
-
-
Income
171 500
171 500
171 500
171 500
Total tax
62 044
53 422
82 484
74 969
After tax
109 456
118 078
89 016
96 531
Living cost
24 171
24 171
24 171
24 171
Free-cash
85 285
93 907
64 845
72 360

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48919
₽43650
₽39748
₽31998
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
municipal
-
-
-
1 019
regional
-
-
-
2 017
national
-
-
-
42 023
social contributions
-
-
-
44 109
total
-
-
-
89 168
Employee
89 690
-
171 500
-
social contributions
30 243
-
57 831
-
regional
846
-
1 780
-
municipal
475
-
910
-
national
15 541
-
36 397
-
total
47 105
-
96 918
-
Employer
89 690
-
171 500
-
total
-
-
-
-
Corporate
81 810
171 500
-
-
nationa
19 634
41 160
-
-
municipal
3 191
6 688
-
-
total
22 825
47 848
-
-
Dividends
58 986
123 653
-
-
withholding
15 336
32 149
-
-
total
15 336
32 149
-
-
Income
171 500
171 500
171 500
171 500
Total tax
85 266
79 997
96 918
89 168
After tax
86 234
91 503
74 582
82 332
Living cost
42 584
42 584
42 584
42 584
Free-cash
43 650
48 919
31 998
39 748

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85605
₽82463
₽58972
₽52751
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
income
-
-
-
46 474
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
7 055
total
-
-
-
90 259
Employee
33 373
-
143 149
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
5 897
-
income
5 594
-
40 440
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
68 129
-
Employer
33 373
-
143 149
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
131 102
171 500
-
-
income
34 087
44 590
-
-
total
34 087
44 590
-
-
Dividends
97 015
126 910
-
-
withholding
14 553
19 036
-
-
total
14 553
19 036
-
-
Income
171 500
171 500
171 500
171 500
Total tax
66 768
63 626
96 480
90 259
After tax
104 732
107 874
75 020
81 241
Living cost
22 269
22 269
22 269
22 269
Free-cash
82 463
85 605
52 751
58 972

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66733
₽73423
₽67974
₽52414
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
income
-
-
-
48 284
pensions
-
-
-
8 973
total
-
-
-
57 257
Employee
64 218
-
149 878
-
health
932
-
2 199
-
income
11 566
-
37 909
-
pensions
5 451
-
11 087
-
total
17 949
-
51 195
-
Employer
64 218
-
149 878
-
pensions
6 952
-
18 774
-
health
1 220
-
2 848
-
total
8 172
-
21 622
-
Corporate
99 111
171 500
-
-
income

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

18 832
32 586
-
-
total
18 832
32 586
-
-
Dividends
80 279
138 914
-
-
withholding
6 855
25 912
-
-
total
6 855
25 912
-
-
Income
171 500
171 500
171 500
171 500
Total tax
51 808
58 498
72 817
57 257
After tax
119 692
113 002
98 683
114 243
Living cost
46 269
46 269
46 269
46 269
Free-cash
73 423
66 733
52 414
67 974

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
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.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2148
₽34784
₽62714
₽54770
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
city
-
-
-
1 808
pensions
-
-
-
15 780
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.

-
-
-
3 430
regional
-
-
-
8 375
health
-
-
-
386
national
-
-
-
2 733
total
-
-
-
32 512
Employee
89 260
-
153 501
-
city
958
-
1 649
-
regional
2 923
-
7 219
-
health
202
-
345
-
pensions
7 499
-
12 892
-
unemployment
-
-
-
-
national
422
-
2 044
-
total
12 004
-
24 149
-
Employer
89 260
-
153 501
-
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.

1 785
-
3 070
-
unemployment
-
-
-
-
pensions
7 499
-
12 892
-
health
202
-
345
-
total
9 486
-
16 307
-
Corporate
71 773
171 500
-
-
regional
15 180
36 273
-
-
national
6 100
14 577
-
-
total
21 280
50 850
-
-
Dividends
50 493
120 650
-
-
withholding
17 672
42 228
-
-
total
17 672
42 228
-
-
Income
171 500
171 500
171 500
171 500
Total tax
60 442
93 078
40 456
32 512
After tax
111 058
78 422
131 044
138 988
Living cost
76 274
76 274
76 274
76 274
Free-cash
34 784
2 148
54 770
62 714

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽38514
₽54880
₽41816
₽63181
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
171 500
trade
-
-
-
21 365
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.

-
-
-
52 317
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.

-
-
-
6 894
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.

-
-
-
2 877
total
-
-
-
83 453
Employee

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

60 650
-
171 500
-
health

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

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

6 894
-
6 894
-
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.

393
-
2 877
-
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.

7 132
-
52 317
-
total
14 419
-
62 088
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 850
171 500
-
-
surtax

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

915
1 415
-
-
income
16 627
25 726
-
-
trade
19 011
29 412
-
-
chamber of commerce
308
395
-
-
total
36 861
56 948
-
-
Dividends
73 988
114 552
-
-
surtax

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

996
1 553
-
-
withholding
18 113
28 254
-
-
total
19 109
29 807
-
-
Income
171 500
171 500
171 500
171 500
Total tax
70 389
86 755
62 088
83 453
After tax
101 111
84 745
109 412
88 047
Living cost
46 231
46 231
46 231
46 231
Free-cash
54 880
38 514
63 181
41 816

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51909
₽57872
₽62221
₽60403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
income
-
-
-
26 317
pensions
-
-
-
31 177
other
-
-
-
5 316
health
-
-
-
7 055
surtax
-
-
-
-
social contributions
-
-
-
4 887
total
-
-
-
74 752
Employee
43 191
-
133 240
-
social contributions
1 231
-
3 798
-
surtax
-
-
-
-
income
2 549
-
25 459
-
pensions
4 884
-
9 053
-
total
8 664
-
38 310
-
Employer
43 191
-
133 240
-
other
1 490
-
5 106
-
social contributions
130
-
400
-
unemployment
1 748
-
5 397
-
pensions
7 095
-
15 279
-
health
3 024
-
12 078
-
total
13 487
-
38 260
-
Corporate
114 820
171 500
-
-
surtax
-
-
-
-
income
32 149
48 020
-
-
total
32 149
48 020
-
-
Dividends
82 671
123 480
-
-
surtax
-
-
-
-
social contributions
14 220
21 239
-
-
withholding
10 581
15 805
-
-
total
24 801
37 044
-
-
Income
171 500
171 500
171 500
171 500
Total tax
79 101
85 064
76 570
74 752
After tax
92 399
86 436
94 930
96 748
Living cost
34 527
34 527
34 527
34 527
Free-cash
57 872
51 909
60 403
62 221

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55329
₽60938
₽65641
₽63823
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
income
-
-
-
26 317
pensions
-
-
-
31 177
other
-
-
-
5 316
health
-
-
-
7 055
surtax
-
-
-
-
social contributions
-
-
-
4 887
total
-
-
-
74 752
Employee
38 554
-
133 240
-
social contributions
1 099
-
3 798
-
surtax
-
-
-
-
income
1 988
-
25 459
-
pensions
4 361
-
9 053
-
total
7 448
-
38 310
-
Employer
38 554
-
133 240
-
other
1 331
-
5 106
-
social contributions
115
-
400
-
unemployment
1 561
-
5 397
-
pensions
6 335
-
15 279
-
health
2 698
-
12 078
-
total
12 040
-
38 260
-
Corporate
120 905
171 500
-
-
surtax
-
-
-
-
income
33 853
48 020
-
-
total
33 853
48 020
-
-
Dividends
87 052
123 480
-
-
surtax
-
-
-
-
social contributions
14 972
21 239
-
-
withholding
11 142
15 805
-
-
total
26 114
37 044
-
-
Income
171 500
171 500
171 500
171 500
Total tax
79 455
85 064
76 570
74 752
After tax
92 045
86 436
94 930
96 748
Living cost
31 107
31 107
31 107
31 107
Free-cash
60 938
55 329
63 823
65 641

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83231
₽83755
₽88737
₽85386
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
income
-
-
-
25 726
health
-
-
-
11 971
social contributions
-
-
-
23 667
total
-
-
-
61 364
Employee
34 217
-
171 500
-
social contributions
4 723
-
23 667
-
health
2 388
-
11 971
-
income
5 707
-
29 077
-
total
12 818
-
64 715
-
Employer
34 217
-
171 500
-
total
-
-
-
-
Corporate
137 283
171 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

6 864
8 576
-
-
total
6 864
8 576
-
-
Dividends
130 419
162 924
-
-
health
9 103
11 372
-
-
social contributions
17 998
22 483
-
-
withholding
19 563
24 439
-
-
total
46 664
58 294
-
-
Income
171 500
171 500
171 500
171 500
Total tax
66 346
66 870
64 715
61 364
After tax
105 154
104 630
106 785
110 136
Living cost
21 399
21 399
21 399
21 399
Free-cash
83 755
83 231
85 386
88 737

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59388
₽57828
₽52445
₽9976
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
chamber of commerce
-
-
-
686
income
-
-
-
45 591
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
83 495
Employee
50 434
40 217
136 046
-
other
504
402
1 180
-
health
1 952
1 557
4 562
-
income
5 742
2 967
36 106
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 876
10 250
57 458
-
Employer
50 434
40 217
136 046
-
accident
655
523
1 532
-
other
2 396
1 909
6 306
-
chamber of commerce
201
161
544
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
4 081
-
health
1 906
1 521
4 456
-
total
14 712
11 775
35 451
-
Corporate
106 354
119 509
132 217
-
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.

26 588
29 878
33 055
-
total
26 588
29 878
33 055
-
Dividends
79 766
89 631
-
-
withholding
21 936
24 649
-
-
total
21 936
24 649
-
-
Income
171 500
171 500
171 500
171 500
Total tax
78 112
76 552
125 964
83 495
After tax
93 388
94 948
45 536
88 005
Living cost
35 560
35 560
35 560
35 560
Free-cash
57 828
59 388
9 976
52 445

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59131
₽43997
₽37516
₽23933
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
national
-
-
-
63 247
communal

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

-
-
-
8 781
social contributions
-
-
-
25 160
total
-
-
-
97 188
Employee

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

72 187
-
132 830
-
communal

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

3 765
-
6 929
-
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.

3 392
-
6 243
-
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.

5 414
-
9 962
-
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.

628
-
1 155
-
national
22 193
-
47 813
-
total
35 392
-
72 102
-
Employer

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

72 187
-
132 830
-
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.

938
-
1 727
-
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.

1 053
-
1 940
-
surtax
8 185
-
15 064
-
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.

6 396
-
11 768
-
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.

4 439
-
8 170
-
total
21 011
-
38 669
-
Corporate
78 300
171 500
-
-
surtax
314
686
-
-
income
15 660
34 300
-
-
total
15 974
34 986
-
-
Dividends
62 326
136 515
-
-
withholding

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

18 330
40 587
-
-
total
18 330
40 587
-
-
Income
171 500
171 500
171 500
171 500
Total tax
90 707
75 573
110 771
97 188
After tax
80 793
95 927
60 729
74 312
Living cost
36 796
36 796
36 796
36 796
Free-cash
43 997
59 131
23 933
37 516

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77945
₽70907
₽59869
₽55634
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
accident
-
-
-
843
income
-
-
-
47 122
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
75 185
Employee
50 235
-
141 680
-
other
50
-
94
-
income
10 599
-
43 658
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
49 599
-
Employer
50 235
-
141 680
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 764
-
5 144
-
pensions
11 855
-
22 076
-
total
16 013
-
29 821
-
Corporate
105 253
171 500
-
-
income

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

15 788
25 726
-
-
total
15 788
25 726
-
-
Dividends
89 465
145 774
-
-
withholding
18 557
31 383
-
-
total
18 557
31 383
-
-
Income
171 500
171 500
171 500
171 500
Total tax
64 147
57 109
79 420
75 185
After tax
107 353
114 391
92 080
96 315
Living cost
36 446
36 446
36 446
36 446
Free-cash
70 907
77 945
55 634
59 869

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45877
₽33267
₽30647
₽37486
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
accident
-
-
-
1 446
income
-
-
-
27 466
pensions
-
-
-
25 707
health
-
-
-
12 048
surtax
-
-
-
8 503
communal
-
-
-
10 840
total
-
-
-
86 010
Employee
76 425
-
153 193
-
health
3 401
-
6 818
-
surtax
4 684
-
9 388
-
income
7 382
-
32 403
-
pensions
6 113
-
12 255
-
total
21 580
-
60 864
-
Employer
76 425
-
153 193
-
accident
688
-
1 379
-
pensions
6 113
-
12 255
-
health
2 331
-
4 673
-
total
9 132
-
18 307
-
Corporate
85 944
171 500
-
-
surtax
902
1 800
-
-
communal
5 801
11 577
-
-
income
12 893
25 726
-
-
total
19 596
39 103
-
-
Dividends
66 349
132 397
-
-
income
23 129
11 817
-
-
withholding
9 953
19 860
-
-
total
33 082
31 677
-
-
Income
171 500
171 500
171 500
171 500
Total tax
83 390
70 780
79 171
86 010
After tax
88 110
100 720
92 329
85 490
Living cost
54 843
54 843
54 843
54 843
Free-cash
33 267
45 877
37 486
30 647

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85207
₽81996
₽58574
₽52353
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
income
-
-
-
46 474
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
7 055
total
-
-
-
90 259
Employee
33 986
-
143 149
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
5 897
-
income
5 697
-
40 440
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
68 129
-
Employer
33 986
-
143 149
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
130 359
171 500
-
-
income
33 894
44 590
-
-
total
33 894
44 590
-
-
Dividends
96 466
126 910
-
-
withholding
14 471
19 036
-
-
total
14 471
19 036
-
-
Income
171 500
171 500
171 500
171 500
Total tax
66 837
63 626
96 480
90 259
After tax
104 663
107 874
75 020
81 241
Living cost
22 667
22 667
22 667
22 667
Free-cash
81 996
85 207
52 353
58 574

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62959
₽60717
₽54578
₽46870
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
municipal
-
-
-
1 019
regional
-
-
-
2 586
national
-
-
-
42 023
social contributions
-
-
-
44 109
total
-
-
-
89 737
Employee
55 981
-
171 500
-
social contributions
18 877
-
57 831
-
regional
754
-
2 307
-
municipal
297
-
910
-
national
8 869
-
36 397
-
total
28 797
-
97 445
-
Employer
55 981
-
171 500
-
total
-
-
-
-
Corporate
115 519
171 500
-
-
nationa
27 725
41 160
-
-
municipal
5 742
8 524
-
-
total
33 467
49 684
-
-
Dividends
82 053
121 816
-
-
withholding
21 334
31 672
-
-
total
21 334
31 672
-
-
Income
171 500
171 500
171 500
171 500
Total tax
83 598
81 356
97 445
89 737
After tax
87 902
90 144
74 055
81 763
Living cost
27 185
27 185
27 185
27 185
Free-cash
60 717
62 959
46 870
54 578

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88293
₽77668
₽66746
₽59231
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
income
-
-
-
17 035
health
-
-
-
23 153
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 781
total
-
-
-
74 969
Employee
43 801
-
130 020
-
social contributions
2 847
-
7 742
-
health
5 913
-
17 553
-
solidarity contribution
-
-
-
-
income
5 256
-
15 709
-
total
14 016
-
41 004
-
Employer
43 801
-
130 020
-
social contributions
10 950
-
29 778
-
health
3 942
-
11 702
-
total
14 892
-
41 480
-
Corporate
112 806
171 500
-
-
income
21 433
32 585
-
-
total
21 433
32 585
-
-
Dividends
91 373
138 915
-
-
withholding
13 706
20 837
-
-
total
13 706
20 837
-
-
Income
171 500
171 500
171 500
171 500
Total tax
64 047
53 422
82 484
74 969
After tax
107 453
118 078
89 016
96 531
Living cost
29 785
29 785
29 785
29 785
Free-cash
77 668
88 293
59 231
66 746

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
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.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62860
₽62363
₽56007
₽13398
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
chamber of commerce
-
-
-
686
income
-
-
-
45 591
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
83 296
Employee
44 114
40 217
136 231
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 967
36 184
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 250
57 536
-
Employer
44 114
40 217
136 231
-
accident
573
523
1 532
-
other
2 095
1 909
6 314
-
chamber of commerce
176
161
546
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
4 087
-
health
1 668
1 521
4 456
-
total
12 695
11 576
35 268
-
Corporate
114 690
119 708
132 401
-
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.

28 673
29 927
33 101
-
total
28 673
29 927
33 101
-
Dividends
86 017
89 780
-
-
withholding
23 655
24 690
-
-
total
23 655
24 690
-
-
Income
171 500
171 500
171 500
171 500
Total tax
76 940
76 443
125 905
83 296
After tax
94 560
95 057
45 595
88 204
Living cost
32 197
32 197
32 197
32 197
Free-cash
62 363
62 860
13 398
56 007

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148776
₽146123
₽155636
₽123051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
171 500
microenterprise

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

-
-
-
1 715
total
-
-
-
1 715
Employee
17 686
-
171 500
-
income
3 537
-
34 300
-
total
3 537
-
34 300
-
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%.

153 814
171 500
-
-
total
-
-
-
-
Dividends
153 814
171 500
-
-
withholding
7 691
8 575
-
-
total
7 691
8 575
-
-
Income
171 500
171 500
171 500
171 500
Total tax
11 228
8 575
34 300
1 715
After tax
160 272
162 925
137 200
169 785
Living cost
14 149
14 149
14 149
14 149
Free-cash
146 123
148 776
123 051
155 636

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91009
₽82569
₽57012
₽52469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
171 500
income
-
-
-
38 968
pensions
-
-
-
31 320
unemployment
-
-
-
257
health
-
-
-
16 874
total
-
-
-
87 419
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.

44 626
-
148 396
-
health
2 882
-
9 585
-
income
7 696
-
36 065
-
pensions
6 917
-
23 001
-
unemployment
63
-
207
-
total
17 558
-
68 858
-
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.

44 626
-
148 396
-
unemployment
27
-
88
-
pensions
3 949
-
13 134
-
health
2 972
-
9 882
-
total
6 948
-
23 104
-
Corporate
119 926
171 500
-
-
income
22 786
32 586
-
-
total
22 786
32 586
-
-
Dividends
97 140
138 914
-
-
withholding
14 570
20 836
-
-
total
14 570
20 836
-
-
Income
171 500
171 500
171 500
171 500
Total tax
61 862
53 422
91 962
87 419
After tax
109 638
118 078
79 538
84 081
Living cost
27 069
27 069
27 069
27 069
Free-cash
82 569
91 009
52 469
57 012

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60757
₽12710
₽74936
₽114628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
income
-
-
-
33 429
social contributions
-
-
-
19 551
total
-
-
-
52 980
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
20 891
171 500
-
-
income
4 596
37 730
-
-
total
4 596
37 730
-
-
Dividends
16 295
133 770
-
-
income
3 585
29 429
-
-
total
3 585
29 429
-
-
Income
171 500
171 500
171 500
171 500
Total tax
115 206
67 159
13 288
52 980
After tax
56 294
104 341
158 212
118 520
Living cost
43 584
43 584
43 584
43 584
Free-cash
12 710
60 757
114 628
74 936

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
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.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65893
₽64878
₽60470
₽47592
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
171 500
income
-
-
-
19 779
surtax
-
-
-
-
social contributions

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

-
-
-
59 596
total
-
-
-
79 375
Employee
46 415
-
138 585
-
social contributions
5 106
-
15 244
-
surtax
-
-
-
-
income
9 654
-
44 096
-
total
14 760
-
59 340
-
Employer
46 415
-
138 585
-
social contributions
11 023
-
32 913
-
total
11 023
-
32 913
-
Corporate
114 062
171 500
-
-
surtax
-
-
-
-
income
23 952
36 016
-
-
total
23 952
36 016
-
-
Dividends
90 110
135 484
-
-
withholding
25 232
37 936
-
-
total
25 232
37 936
-
-
Income
171 500
171 500
171 500
171 500
Total tax
74 967
73 952
92 253
79 375
After tax
96 533
97 548
79 247
92 125
Living cost
31 655
31 655
31 655
31 655
Free-cash
64 878
65 893
47 592
60 470

Estimated living cost  is ₽31655 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37694
₽44631
₽48006
₽46188
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
income
-
-
-
26 317
pensions
-
-
-
31 177
other
-
-
-
5 316
health
-
-
-
7 055
surtax
-
-
-
-
social contributions
-
-
-
4 887
total
-
-
-
74 752
Employee
63 207
-
133 240
-
social contributions
1 800
-
3 798
-
surtax
-
-
-
-
income
5 515
-
25 459
-
pensions
7 149
-
9 053
-
total
14 464
-
38 310
-
Employer
63 207
-
133 240
-
other
2 181
-
5 106
-
social contributions
190
-
400
-
unemployment
2 561
-
5 397
-
pensions
10 386
-
15 279
-
health
4 424
-
12 078
-
total
19 742
-
38 260
-
Corporate
88 552
171 500
-
-
surtax
-
-
-
-
income
24 795
48 020
-
-
total
24 795
48 020
-
-
Dividends
63 757
123 480
-
-
surtax
-
-
-
-
social contributions
10 966
21 239
-
-
withholding
8 160
15 805
-
-
total
19 126
37 044
-
-
Income
171 500
171 500
171 500
171 500
Total tax
78 127
85 064
76 570
74 752
After tax
93 373
86 436
94 930
96 748
Living cost
48 742
48 742
48 742
48 742
Free-cash
44 631
37 694
46 188
48 006

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124014
₽120624
₽96185
₽100744
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
income
-
-
-
7 249
social contributions
-
-
-
37 730
total
-
-
-
44 979
Employee
32 444
-
148 486
-
income
-
-
7 754
-
social contributions
2 109
-
9 652
-
total
2 109
-
17 406
-
Employer
32 444
-
148 486
-
social contributions
5 029
-
23 014
-
total
5 029
-
23 014
-
Corporate
134 027
171 500
-
-
income
13 402
17 150
-
-
total
13 402
17 150
-
-
Dividends
120 625
154 350
-
-
total
-
-
-
-
Income
171 500
171 500
171 500
171 500
Total tax
20 540
17 150
40 420
44 979
After tax
150 960
154 350
131 080
126 521
Living cost
30 336
30 336
30 336
30 336
Free-cash
120 624
124 014
100 744
96 185

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽48473
-₽48473
₽52890
-₽48473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
municipal
-
-
-
35 536
pensions
-
-
-
875
national
-
-
-
19 926
labour market
-
-
-
13 650
total
-
-
-
69 987
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
171 500
171 500
171 500
171 500
Total tax
171 350
171 350
171 350
69 987
After tax
150
150
150
101 513
Living cost
48 623
48 623
48 623
48 623
Free-cash
-48 473
-48 473
-48 473
52 890

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7854
₽10557
₽95512
₽71226
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
accident
-
-
-
253
income
-
-
-
47 255
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
54 242
Employee
34 209
-
154 098
-
health
3 917
-
17 644
-
income
4 693
-
35 828
-
pensions
3 852
-
7 654
-
total
12 462
-
61 126
-
Employer
34 209
-
154 098
-
accident
571
-
2 574
-
unemployment
838
-
3 775
-
pensions
5 562
-
11 053
-
total
6 971
-
17 402
-
Corporate
130 320
171 500
-
-
income

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

117 288
154 350
-
-
total
117 288
154 350
-
-
Dividends
13 032
17 150
-
-
withholding
2 476
3 258
-
-
total
2 476
3 258
-
-
Income
171 500
171 500
171 500
171 500
Total tax
139 197
157 608
78 528
54 242
After tax
32 303
13 892
92 972
117 258
Living cost
21 746
21 746
21 746
21 746
Free-cash
10 557
-7 854
71 226
95 512

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
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.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69108
₽71496
₽72781
₽51623
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
171 500
municipal
-
-
-
30 471
health
-
-
-
2 220
national
-
-
-
27 283
total
-
-
-
59 974
Employee
53 095
-
144 275
-
health
396
-
1 800
-
municipal
8 697
-
23 502
-
pensions
3 583
-
9 738
-
unemployment
797
-
2 164
-
national
877
-
16 703
-
total
14 350
-
53 907
-
Employer
53 095
-
144 275
-
accident
54
-
144
-
unemployment
345
-
938
-
pensions
9 212
-
25 032
-
health
408
-
1 111
-
total
10 019
-
27 225
-
Corporate
108 387
171 500
-
-
income
21 677
34 300
-
-
total
21 677
34 300
-
-
Dividends

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

65 032
102 900
-
-
national
3 508
10 824
-
-
municipal
11 705
18 523
-
-
total
15 213
29 347
-
-
Income
171 500
171 500
171 500
171 500
Total tax
61 259
63 647
81 132
59 974
After tax
110 241
107 853
90 368
111 526
Living cost
38 745
38 745
38 745
38 745
Free-cash
71 496
69 108
51 623
72 781

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101765
₽96276
₽94169
₽92642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
income
-
-
-
33 264
health
-
-
-
4 374
social contributions
-
-
-
16 328
total
-
-
-
53 966
Employee
77 601
77 601
159 856
-
social contributions
2 934
6 441
8 687
-
health
601
1 320
2 718
-
income
8 449
7 184
32 444
-
total
11 984
14 945
43 849
-
Employer
77 601
77 601
159 856
-
social contributions
2 934
6 441
8 687
-
health
653
1 436
2 957
-
total
3 587
7 877
11 644
-
Corporate
132 563
86 022
-
-
income
16 570
10 753
-
-
total
16 570
10 753
-
-
Dividends
115 993
75 268
-
-
withholding
19 718
12 795
-
-
total
19 718
12 795
-
-
Income
171 500
171 500
171 500
171 500
Total tax
51 859
46 370
55 493
53 966
After tax
119 641
125 130
116 007
117 534
Living cost
23 365
23 365
23 365
23 365
Free-cash
96 276
101 765
92 642
94 169

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125996
₽120860
₽127980
₽107737
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
171 500
income
-
-
-
17 397
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
27 497
Employee

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

23 164
-
161 637
-
health
1 969
-
8 139
-
income
1 584
-
14 896
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
37 877
-
Employer

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

23 164
-
161 637
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
145 951
171 500
-
-
income
13 136
15 436
-
-
total
13 136
15 436
-
-
Dividends
132 816
156 064
-
-
withholding
11 954
14 045
-
-
total
11 954
14 045
-
-
Income
171 500
171 500
171 500
171 500
Total tax
34 617
29 481
47 740
27 497
After tax
136 883
142 019
123 760
144 003
Living cost
16 023
16 023
16 023
16 023
Free-cash
120 860
125 996
107 737
127 980

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86640
₽82184
₽68564
₽64329
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
accident
-
-
-
843
income
-
-
-
47 122
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
75 185
Employee
37 315
-
141 680
-
other
36
-
94
-
income
7 194
-
43 658
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
49 599
-
Employer
37 315
-
141 680
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 076
-
total
11 897
-
29 821
-
Corporate
122 288
171 500
-
-
income

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

18 343
25 726
-
-
total
18 343
25 726
-
-
Dividends
103 945
145 774
-
-
withholding
21 763
31 383
-
-
total
21 763
31 383
-
-
Income
171 500
171 500
171 500
171 500
Total tax
61 565
57 109
79 420
75 185
After tax
109 935
114 391
92 080
96 315
Living cost
27 751
27 751
27 751
27 751
Free-cash
82 184
86 640
64 329
68 564

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104260
₽103806
₽107101
₽106903
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
income
-
-
-
58 176
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
61 643
Employee
4 198
-
169 238
-
health
210
-
503
-
income
812
-
58 070
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
59 579
-
Employer
4 198
-
169 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
166 358
171 500
-
-
income
36 599
37 730
-
-
total
36 599
37 730
-
-
Dividends
129 759
133 770
-
-
withholding
25 952
26 754
-
-
total
25 952
26 754
-
-
Income
171 500
171 500
171 500
171 500
Total tax
64 938
64 484
61 841
61 643
After tax
106 562
107 016
109 659
109 857
Living cost
2 756
2 756
2 756
2 756
Free-cash
103 806
104 260
106 903
107 101

Estimated living cost  is ₽2756 per week

₽1638
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.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106456
₽101491
₽87195
₽87196
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
171 500
income
-
-
-
38 659
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
66 852
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.

26 319
-
158 149
-
health
1 355
-
3 841
-
income
3 628
-
38 659
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
53 501
-
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.

26 319
-
158 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
140 470
171 500
-
-
income
21 071
25 725
-
-
total
21 071
25 725
-
-
Dividends
119 400
145 775
-
-
withholding
17 910
21 866
-
-
total
17 910
21 866
-
-
Income
171 500
171 500
171 500
171 500
Total tax
52 556
47 591
66 851
66 852
After tax
118 944
123 909
104 649
104 648
Living cost
17 453
17 453
17 453
17 453
Free-cash
101 491
106 456
87 196
87 195

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70341
₽69978
₽64918
₽52040
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
171 500
income
-
-
-
19 779
surtax
-
-
-
-
social contributions

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

-
-
-
59 596
total
-
-
-
79 375
Employee
39 169
-
138 585
-
social contributions
4 309
-
15 244
-
surtax
-
-
-
-
income
7 653
-
44 096
-
total
11 962
-
59 340
-
Employer
39 169
-
138 585
-
social contributions
9 302
-
32 913
-
total
9 302
-
32 913
-
Corporate
123 030
171 500
-
-
surtax
-
-
-
-
income
25 837
36 016
-
-
total
25 837
36 016
-
-
Dividends
97 193
135 484
-
-
withholding
27 214
37 936
-
-
total
27 214
37 936
-
-
Income
171 500
171 500
171 500
171 500
Total tax
74 315
73 952
92 253
79 375
After tax
97 185
97 548
79 247
92 125
Living cost
27 207
27 207
27 207
27 207
Free-cash
69 978
70 341
52 040
64 918

Estimated living cost  is ₽27207 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78924
₽72228
₽60848
₽56613
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
accident
-
-
-
843
income
-
-
-
47 122
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
75 185
Employee
48 739
-
141 680
-
other
48
-
94
-
income
10 180
-
43 658
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
49 599
-
Employer
48 739
-
141 680
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 076
-
total
15 539
-
29 821
-
Corporate
107 222
171 500
-
-
income

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

16 083
25 726
-
-
total
16 083
25 726
-
-
Dividends
91 139
145 774
-
-
withholding
18 910
31 383
-
-
total
18 910
31 383
-
-
Income
171 500
171 500
171 500
171 500
Total tax
63 805
57 109
79 420
75 185
After tax
107 695
114 391
92 080
96 315
Living cost
35 467
35 467
35 467
35 467
Free-cash
72 228
78 924
56 613
60 848

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129261
₽123108
₽118987
₽125643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
income
-
-
-
25 725
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
35 142
Employee
23 001
-
164 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
16 458
-
pensions

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

2 019
-
3 097
-
total
5 630
-
21 565
-
Employer
23 001
-
164 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
143 986
171 500
-
-
income
14 399
17 150
-
-
total
14 399
17 150
-
-
Dividends
129 587
154 350
-
-
withholding
6 479
7 718
-
-
total
6 479
7 718
-
-
Income
171 500
171 500
171 500
171 500
Total tax
31 021
24 868
28 486
35 142
After tax
140 479
146 632
143 014
136 358
Living cost
17 371
17 371
17 371
17 371
Free-cash
123 108
129 261
125 643
118 987

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49309
₽62512
₽52572
₽70450
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
171 500
trade
-
-
-
17 878
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.

-
-
-
52 317
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.

-
-
-
6 894
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.

-
-
-
2 877
total
-
-
-
79 966
Employee

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

50 213
-
171 500
-
health

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

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

6 894
-
6 894
-
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.

228
-
2 877
-
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.

4 129
-
52 317
-
total
11 251
-
62 088
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
121 287
171 500
-
-
surtax

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

1 000
1 415
-
-
income
18 194
25 726
-
-
trade
17 405
24 611
-
-
chamber of commerce
331
404
-
-
total
36 930
52 156
-
-
Dividends
84 358
119 344
-
-
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.

1 139
1 620
-
-
withholding
20 706
29 453
-
-
total
21 845
31 073
-
-
Income
171 500
171 500
171 500
171 500
Total tax
70 026
83 229
62 088
79 966
After tax
101 474
88 271
109 412
91 534
Living cost
38 962
38 962
38 962
38 962
Free-cash
62 512
49 309
70 450
52 572

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62563
₽64792
₽33627
₽33627
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
income
-
-
-
51 919
social contributions
-
-
-
28 467
total
-
-
-
80 386
Employee
78 941
-
171 500
-
income
14 896
-
51 919
-
social contributions
6 558
-
28 467
-
total
21 454
-
80 386
-
Employer
78 941
-
171 500
-
total
-
-
-
-
Corporate
92 559
171 500
-
-
income
11 569
21 438
-
-
total
11 569
21 438
-
-
Dividends
80 990
150 062
-
-
withholding
16 198
30 012
-
-
total
16 198
30 012
-
-
Income
171 500
171 500
171 500
171 500
Total tax
49 221
51 450
80 386
80 386
After tax
122 279
120 050
91 114
91 114
Living cost
57 487
57 487
57 487
57 487
Free-cash
64 792
62 563
33 627
33 627

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69509
₽73037
₽99398
₽85688
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
171 500
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
166 858
-
income
5 023
-
39 894
-
social contributions
4 638
-
4 642
-
total
9 661
-
44 536
-
Employer
46 295
-
166 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
120 566
171 500
-
-
income
42 198
60 025
-
-
total
42 198
60 025
-
-
Dividends
78 369
111 475
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
171 500
171 500
171 500
171 500
Total tax
61 829
65 357
49 178
35 468
After tax
109 671
106 143
122 322
136 032
Living cost
36 634
36 634
36 634
36 634
Free-cash
73 037
69 509
85 688
99 398

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75387
₽81385
₽76628
₽61068
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
income
-
-
-
48 284
pensions
-
-
-
8 973
total
-
-
-
57 257
Employee
51 632
-
149 878
-
health
674
-
2 199
-
income
9 403
-
37 909
-
pensions
3 941
-
11 087
-
total
14 018
-
51 195
-
Employer
51 632
-
149 878
-
pensions
5 216
-
18 774
-
health
981
-
2 848
-
total
6 197
-
21 622
-
Corporate
113 670
171 500
-
-
income

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

21 597
32 586
-
-
total
21 597
32 586
-
-
Dividends
92 073
138 914
-
-
withholding
10 688
25 912
-
-
total
10 688
25 912
-
-
Income
171 500
171 500
171 500
171 500
Total tax
52 500
58 498
72 817
57 257
After tax
119 000
113 002
98 683
114 243
Living cost
37 615
37 615
37 615
37 615
Free-cash
81 385
75 387
61 068
76 628

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10008
₽10226
₽93358
₽69072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
accident
-
-
-
253
income
-
-
-
47 255
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
54 242
Employee
37 595
-
154 098
-
health
4 304
-
17 644
-
income
5 158
-
35 828
-
pensions
4 233
-
7 654
-
total
13 695
-
61 126
-
Employer
37 595
-
154 098
-
accident
628
-
2 574
-
unemployment
921
-
3 775
-
pensions
6 113
-
11 053
-
total
7 662
-
17 402
-
Corporate
126 244
171 500
-
-
income

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

113 619
154 350
-
-
total
113 619
154 350
-
-
Dividends
12 624
17 150
-
-
withholding
2 398
3 258
-
-
total
2 398
3 258
-
-
Income
171 500
171 500
171 500
171 500
Total tax
137 374
157 608
78 528
54 242
After tax
34 126
13 892
92 972
117 258
Living cost
23 900
23 900
23 900
23 900
Free-cash
10 226
-10 008
69 072
93 358

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
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.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130686
₽125964
₽85305
₽107498
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
171 500
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
28 181
pensions
-
-
-
29 696
unemployment
-
-
-
1 937
total
-
-
-
72 564
Employee

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

21 810
-
171 500
-
work injury
109
-
403
-
income
2 181
-
28 181
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
50 371
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
149 690
171 500
-
-
income

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

1 497
1 715
-
-
total
1 497
1 715
-
-
Dividends
148 193
169 785
-
-
withholding
22 229
25 468
-
-
total
22 229
25 468
-
-
Income
171 500
171 500
171 500
171 500
Total tax
31 905
27 183
50 371
72 564
After tax
139 595
144 317
121 129
98 936
Living cost
13 631
13 631
13 631
13 631
Free-cash
125 964
130 686
107 498
85 305

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50132
₽45541
₽40097
₽32567
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
171 500
municipal
-
-
-
1 147
regional
-
-
-
3 921
national
-
-
-
42 023
social contributions
-
-
-
44 109
total
-
-
-
91 200
Employee
85 040
-
171 500
-
social contributions
28 675
-
57 831
-
regional
1 284
-
3 479
-
municipal
508
-
1 023
-
national
14 371
-
36 397
-
total
44 838
-
98 730
-
Employer
85 040
-
171 500
-
total
-
-
-
-
Corporate
86 460
171 500
-
-
nationa
20 750
41 160
-
-
municipal
4 167
8 266
-
-
total
24 917
49 426
-
-
Dividends
61 542
122 075
-
-
withholding
16 001
31 739
-
-
total
16 001
31 739
-
-
Income
171 500
171 500
171 500
171 500
Total tax
85 756
81 165
98 730
91 200
After tax
85 744
90 335
72 770
80 300
Living cost
40 203
40 203
40 203
40 203
Free-cash
45 541
50 132
32 567
40 097

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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