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
₽ 172000
per

Your estimated
City
free-cash

Dresden , Germany
₽56195
₽67355
₽59420
₽79121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
172 000
trade
-
-
-
19 701
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.

-
-
-
52 528
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.

-
-
-
2 890
total
-
-
-
82 013
Employee

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

38 599
-
172 000
-
health

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

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

6 894
-
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
-
2 890
-
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
-
52 528
-
total
8 031
-
62 312
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
133 401
172 000
-
-
surtax

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

1 101
1 419
-
-
income
20 011
25 800
-
-
trade
21 011
27 089
-
-
chamber of commerce
345
400
-
-
total
42 468
54 708
-
-
Dividends
90 933
117 291
-
-
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.

1 230
1 591
-
-
withholding
22 349
28 939
-
-
total
23 579
30 530
-
-
Income
172 000
172 000
172 000
172 000
Total tax
74 078
85 238
62 312
82 013
After tax
97 922
86 762
109 688
89 987
Living cost
30 567
30 567
30 567
30 567
Free-cash
67 355
56 195
79 121
59 420

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
₽56334
₽55486
₽50570
₽51846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
municipal
-
-
-
18 806
pensions
-
-
-
20 640
national
-
-
-
29 141
social contributions
-
-
-
1 849
total
-
-
-
70 436
Employee
79 050
-
148 692
-
municipal
9 764
-
19 472
-
pensions
3 162
-
5 948
-
national
15 130
-
30 247
-
total
28 056
-
55 667
-
Employer
79 050
-
148 692
-
social contributions
850
-
1 598
-
pensions
6 324
-
11 895
-
total
7 174
-
13 493
-
Corporate
80 559
172 000
-
-
income

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

16 112
34 400
-
-
total
16 112
34 400
-
-
Dividends
64 447
137 600
-
-
withholding
14 178
30 272
-
-
total
14 178
30 272
-
-
Income
172 000
172 000
172 000
172 000
Total tax
65 520
64 672
69 160
70 436
After tax
106 480
107 328
102 840
101 564
Living cost
50 994
50 994
50 994
50 994
Free-cash
55 486
56 334
51 846
50 570

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
₽116606
₽108327
₽37864
₽50499
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
172 000
microenterprise
-
-
-
-
income
-
-
-
30 615
surtax
-
-
-
43 860
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
-
-
-
113 141
Employee
29 489
-
128 852
-
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
-
-
18 684
-
income
5 249
-
25 444
-
total
8 493
-
57 358
-
Employer
29 489
-
128 852
-
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
-
-
14 174
-
total
7 103
-
43 148
-
Corporate
135 408
172 000
-
-
income

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

27 082
34 399
-
-
total
27 082
34 399
-
-
Dividends

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

108 326
137 601
-
-
total
-
-
-
-
Income
172 000
172 000
172 000
172 000
Total tax
42 678
34 399
100 506
113 141
After tax
129 322
137 601
71 494
58 859
Living cost
20 995
20 995
20 995
20 995
Free-cash
108 327
116 606
50 499
37 864

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
₽42797
₽36613
₽53084
₽64559
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
income
-
-
-
52 372
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
76 640
Employee
86 180
86 180
153 245
-
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
22 142
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
46 410
-
Employer
86 180
86 180
153 245
-
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
71 786
70 729
-
-
income
14 358
14 145
-
-
total
14 358
14 145
-
-
Dividends
57 428
56 584
-
-
income
12 203
12 023
-
-
withholding
8 614
8 488
-
-
total
20 817
20 511
-
-
Income
172 000
172 000
172 000
172 000
Total tax
93 111
86 927
65 165
76 640
After tax
78 889
85 073
106 835
95 360
Living cost
42 276
42 276
42 276
42 276
Free-cash
36 613
42 797
64 559
53 084

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
₽54920
₽54045
₽49337
₽48390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
municipal
-
-
-
43 908
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
15 006
total
-
-
-
83 671
Employee
55 560
-
145 150
-
municipal
16 568
-
43 284
-
national
-
-
14 483
-
total
16 568
-
57 767
-
Employer
55 560
-
145 150
-
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
98 983
172 000
-
-
income
21 776
37 840
-
-
total
21 776
37 840
-
-
Dividends
77 207
134 160
-
-
withholding
23 162
40 248
-
-
total
23 162
40 248
-
-
Income
172 000
172 000
172 000
172 000
Total tax
78 963
78 088
84 618
83 671
After tax
93 037
93 912
87 382
88 329
Living cost
38 992
38 992
38 992
38 992
Free-cash
54 045
54 920
48 390
49 337

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
₽46231
₽60412
₽49467
₽70043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
172 000
trade
-
-
-
20 576
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.

-
-
-
52 528
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.

-
-
-
2 890
total
-
-
-
82 888
Employee

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

51 178
-
172 000
-
health

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

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

6 894
-
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
-
2 890
-
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
-
52 528
-
total
11 532
-
62 312
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
120 822
172 000
-
-
surtax

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

996
1 419
-
-
income
18 123
25 800
-
-
trade
19 875
28 294
-
-
chamber of commerce
326
398
-
-
total
39 320
55 911
-
-
Dividends
81 503
116 088
-
-
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.

1 099
1 574
-
-
withholding
19 992
28 639
-
-
total
21 091
30 213
-
-
Income
172 000
172 000
172 000
172 000
Total tax
71 943
86 124
62 312
82 888
After tax
100 057
85 876
109 688
89 112
Living cost
39 645
39 645
39 645
39 645
Free-cash
60 412
46 231
70 043
49 467

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
₽92760
₽88575
₽85117
₽83589
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
income
-
-
-
33 436
health
-
-
-
4 386
social contributions
-
-
-
16 328
total
-
-
-
54 150
Employee
77 601
77 601
160 347
-
social contributions
3 771
6 441
8 687
-
health
772
1 320
2 725
-
income
8 149
7 184
32 612
-
total
12 692
14 945
44 024
-
Employer
77 601
77 601
160 347
-
social contributions
3 771
6 441
8 687
-
health
841
1 436
2 967
-
total
4 612
7 877
11 654
-
Corporate
121 964
86 522
-
-
income
15 246
10 815
-
-
total
15 246
10 815
-
-
Dividends
106 718
75 707
-
-
withholding
18 142
12 870
-
-
total
18 142
12 870
-
-
Income
172 000
172 000
172 000
172 000
Total tax
50 692
46 507
55 678
54 150
After tax
121 308
125 493
116 322
117 850
Living cost
32 733
32 733
32 733
32 733
Free-cash
88 575
92 760
83 589
85 117

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
₽78298
₽78679
₽100817
₽81374
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
income
-
-
-
21 027
pensions
-
-
-
17 200
unemployment
-
-
-
2 580
health
-
-
-
12 040
total
-
-
-
52 847
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
143 933
-
health
1 853
737
10 075
-
income
3 236
1 288
17 596
-
pensions
2 647
1 053
14 393
-
unemployment
397
158
2 159
-
total
8 133
3 236
44 223
-
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
143 933
-
pensions
5 161
2 054
28 067
-
total
5 161
2 054
28 067
-
Corporate
140 370
159 412
-
-
income
12 633
14 347
-
-
total
12 633
14 347
-
-
Dividends
127 737
145 065
-
-
social contributions
24 788
28 167
-
-
withholding
24 270
27 562
-
-
total
49 058
55 729
-
-
Income
172 000
172 000
172 000
172 000
Total tax
74 985
75 366
72 290
52 847
After tax
97 015
96 634
99 710
119 153
Living cost
18 336
18 336
18 336
18 336
Free-cash
78 679
78 298
81 374
100 817

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
₽113226
₽106955
₽67817
₽74764
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
income
-
-
-
23 048
pensions
-
-
-
34 399
health
-
-
-
22 361
total
-
-
-
79 808
Employee
28 629
-
128 550
-
income
3 223
-
24 785
-
pensions
573
-
2 570
-
unemployment
458
-
2 057
-
total
4 254
-
29 412
-
Employer
28 629
-
128 550
-
unemployment
230
-
1 028
-
pensions
5 726
-
25 710
-
health
3 721
-
16 711
-
total
9 677
-
43 449
-
Corporate
133 694
172 000
-
-
income
26 739
34 399
-
-
total
26 739
34 399
-
-
Dividends
106 955
137 601
-
-
total
-
-
-
-
Income
172 000
172 000
172 000
172 000
Total tax
40 670
34 399
72 861
79 808
After tax
131 330
137 601
99 139
92 192
Living cost
24 375
24 375
24 375
24 375
Free-cash
106 955
113 226
74 764
67 817

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
-₽8140
₽10546
₽95525
₽71190
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
accident
-
-
-
253
income
-
-
-
47 416
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
54 403
Employee
34 721
-
154 578
-
health
3 975
-
17 699
-
income
4 763
-
35 963
-
pensions
3 910
-
7 654
-
total
12 648
-
61 316
-
Employer
34 721
-
154 578
-
accident
580
-
2 582
-
unemployment
851
-
3 787
-
pensions
5 646
-
11 053
-
total
7 077
-
17 422
-
Corporate
130 203
172 000
-
-
income

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

117 183
154 800
-
-
total
117 183
154 800
-
-
Dividends
13 020
17 200
-
-
withholding
2 474
3 268
-
-
total
2 474
3 268
-
-
Income
172 000
172 000
172 000
172 000
Total tax
139 382
158 068
78 738
54 403
After tax
32 618
13 932
93 262
117 597
Living cost
22 072
22 072
22 072
22 072
Free-cash
10 546
-8 140
71 190
95 525

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
₽154320
₽152618
₽161200
₽128520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
172 000
microenterprise

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

-
-
-
1 720
total
-
-
-
1 720
Employee
11 349
-
172 000
-
income
2 270
-
34 400
-
total
2 270
-
34 400
-
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%.

160 651
172 000
-
-
total
-
-
-
-
Dividends
160 651
172 000
-
-
withholding
8 032
8 600
-
-
total
8 032
8 600
-
-
Income
172 000
172 000
172 000
172 000
Total tax
10 302
8 600
34 400
1 720
After tax
161 698
163 400
137 600
170 280
Living cost
9 080
9 080
9 080
9 080
Free-cash
152 618
154 320
128 520
161 200

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
₽99476
₽92662
₽68225
₽70731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
income
-
-
-
26 011
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
-
-
-
76 884
Employee
36 642
-
137 382
-
health
513
-
1 923
-
income
6 308
-
26 848
-
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
-
9 616
-
unemployment
366
-
1 373
-
total
9 751
-
39 760
-
Employer
36 642
-
137 382
-
accident
293
-
1 099
-
other
1 833
-
6 868
-
unemployment
366
-
1 373
-
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
-
23 355
-
health
513
-
1 923
-
total
9 235
-
34 618
-
Corporate
126 123
172 000
-
-
income
26 486
36 121
-
-
total
26 486
36 121
-
-
Dividends
99 637
135 879
-
-
withholding
6 975
9 512
-
-
total
6 975
9 512
-
-
Income
172 000
172 000
172 000
172 000
Total tax
52 447
45 633
74 378
76 884
After tax
119 553
126 367
97 622
95 116
Living cost
26 891
26 891
26 891
26 891
Free-cash
92 662
99 476
70 731
68 225

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
₽45552
₽47237
₽46810
₽31209
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
income
-
-
-
48 480
pensions
-
-
-
8 984
total
-
-
-
57 464
Employee
95 822
-
150 309
-
health
1 579
-
2 204
-
income
17 273
-
38 076
-
pensions
9 244
-
11 096
-
total
28 096
-
51 376
-
Employer
95 822
-
150 309
-
pensions
11 314
-
18 832
-
health
1 820
-
2 857
-
total
13 134
-
21 689
-
Corporate
63 044
172 000
-
-
income

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

11 978
32 679
-
-
total
11 978
32 679
-
-
Dividends
51 065
139 321
-
-
withholding
3 829
26 043
-
-
total
3 829
26 043
-
-
Income
172 000
172 000
172 000
172 000
Total tax
57 037
58 722
73 065
57 464
After tax
114 963
113 278
98 935
114 536
Living cost
67 726
67 726
67 726
67 726
Free-cash
47 237
45 552
31 209
46 810

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
₽133821
₽129130
₽123544
₽130225
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
income
-
-
-
25 800
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
-
-
-
35 217
Employee
17 531
-
165 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
16 508
-
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
-
21 615
-
Employer
17 531
-
165 080
-
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
151 029
172 000
-
-
income
15 103
17 200
-
-
total
15 103
17 200
-
-
Dividends
135 926
154 800
-
-
withholding
6 797
7 740
-
-
total
6 797
7 740
-
-
Income
172 000
172 000
172 000
172 000
Total tax
29 631
24 940
28 536
35 217
After tax
142 369
147 060
143 464
136 783
Living cost
13 239
13 239
13 239
13 239
Free-cash
129 130
133 821
130 225
123 544

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
₽29112
₽31648
₽39399
₽50874
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
income
-
-
-
52 372
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
76 640
Employee
93 564
86 180
153 245
-
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
22 142
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
46 410
-
Employer
93 564
86 180
153 245
-
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
62 054
70 729
-
-
income
12 410
14 145
-
-
total
12 410
14 145
-
-
Dividends
49 644
56 584
-
-
income
10 550
12 023
-
-
withholding
7 446
8 488
-
-
total
17 996
20 511
-
-
Income
172 000
172 000
172 000
172 000
Total tax
84 391
86 927
65 165
76 640
After tax
87 609
85 073
106 835
95 360
Living cost
55 961
55 961
55 961
55 961
Free-cash
31 648
29 112
50 874
39 399

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
₽94251
₽85629
₽72728
₽65183
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
income
-
-
-
17 100
health
-
-
-
23 220
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 781
total
-
-
-
75 101
Employee
35 546
-
130 479
-
social contributions
2 310
-
7 742
-
health
4 799
-
17 615
-
solidarity contribution
-
-
-
-
income
4 265
-
15 768
-
total
11 374
-
41 125
-
Employer
35 546
-
130 479
-
social contributions
8 886
-
29 778
-
health
3 199
-
11 743
-
total
12 085
-
41 521
-
Corporate
124 369
172 000
-
-
income
23 630
32 680
-
-
total
23 630
32 680
-
-
Dividends
100 739
139 320
-
-
withholding
15 111
20 898
-
-
total
15 111
20 898
-
-
Income
172 000
172 000
172 000
172 000
Total tax
62 200
53 578
82 646
75 101
After tax
109 800
118 422
89 354
96 899
Living cost
24 171
24 171
24 171
24 171
Free-cash
85 629
94 251
65 183
72 728

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
₽49184
₽43917
₽39954
₽32187
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
municipal
-
-
-
1 023
regional
-
-
-
2 025
national
-
-
-
42 175
social contributions
-
-
-
44 239
total
-
-
-
89 462
Employee
89 690
-
172 000
-
social contributions
30 243
-
57 999
-
regional
846
-
1 785
-
municipal
475
-
912
-
national
15 541
-
36 533
-
total
47 105
-
97 229
-
Employer
89 690
-
172 000
-
total
-
-
-
-
Corporate
82 310
172 000
-
-
nationa
19 754
41 280
-
-
municipal
3 210
6 709
-
-
total
22 964
47 989
-
-
Dividends
59 346
124 011
-
-
withholding
15 430
32 243
-
-
total
15 430
32 243
-
-
Income
172 000
172 000
172 000
172 000
Total tax
85 499
80 232
97 229
89 462
After tax
86 501
91 768
74 771
82 538
Living cost
42 584
42 584
42 584
42 584
Free-cash
43 917
49 184
32 187
39 954

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
₽85919
₽82778
₽59200
₽52991
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
income
-
-
-
46 700
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
7 101
total
-
-
-
90 531
Employee
33 373
-
143 649
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
5 933
-
income
5 594
-
40 664
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
68 389
-
Employer
33 373
-
143 649
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
131 602
172 000
-
-
income
34 217
44 720
-
-
total
34 217
44 720
-
-
Dividends
97 385
127 280
-
-
withholding
14 608
19 092
-
-
total
14 608
19 092
-
-
Income
172 000
172 000
172 000
172 000
Total tax
66 953
63 812
96 740
90 531
After tax
105 047
108 188
75 260
81 469
Living cost
22 269
22 269
22 269
22 269
Free-cash
82 778
85 919
52 991
59 200

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
₽67009
₽73698
₽68267
₽52666
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
income
-
-
-
48 480
pensions
-
-
-
8 984
total
-
-
-
57 464
Employee
64 218
-
150 309
-
health
932
-
2 204
-
income
11 566
-
38 076
-
pensions
5 451
-
11 096
-
total
17 949
-
51 376
-
Employer
64 218
-
150 309
-
pensions
6 952
-
18 832
-
health
1 220
-
2 857
-
total
8 172
-
21 689
-
Corporate
99 611
172 000
-
-
income

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

18 926
32 679
-
-
total
18 926
32 679
-
-
Dividends
80 685
139 321
-
-
withholding
6 986
26 043
-
-
total
6 986
26 043
-
-
Income
172 000
172 000
172 000
172 000
Total tax
52 033
58 722
73 065
57 464
After tax
119 967
113 278
98 935
114 536
Living cost
46 269
46 269
46 269
46 269
Free-cash
73 698
67 009
52 666
68 267

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
₽2377
₽35012
₽63089
₽55130
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
city
-
-
-
1 812
pensions
-
-
-
15 823
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.

-
-
-
3 440
regional
-
-
-
8 414
health
-
-
-
388
national
-
-
-
2 760
total
-
-
-
32 637
Employee
89 260
-
153 948
-
city
958
-
1 653
-
regional
2 923
-
7 250
-
health
202
-
347
-
pensions
7 499
-
12 931
-
unemployment
-
-
-
-
national
422
-
2 057
-
total
12 004
-
24 238
-
Employer
89 260
-
153 948
-
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
-
3 080
-
unemployment
-
-
-
-
pensions
7 499
-
12 931
-
health
202
-
347
-
total
9 486
-
16 358
-
Corporate
72 273
172 000
-
-
regional
15 286
36 378
-
-
national
6 143
14 620
-
-
total
21 429
50 998
-
-
Dividends
50 844
121 002
-
-
withholding
17 795
42 351
-
-
total
17 795
42 351
-
-
Income
172 000
172 000
172 000
172 000
Total tax
60 714
93 349
40 596
32 637
After tax
111 286
78 651
131 404
139 363
Living cost
76 274
76 274
76 274
76 274
Free-cash
35 012
2 377
55 130
63 089

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
₽38760
₽55124
₽42006
₽63457
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
172 000
trade
-
-
-
21 451
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.

-
-
-
52 528
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.

-
-
-
2 890
total
-
-
-
83 763
Employee

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

60 650
-
172 000
-
health

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

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

6 894
-
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
-
2 890
-
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
-
52 528
-
total
14 419
-
62 312
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 350
172 000
-
-
surtax

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

919
1 419
-
-
income
16 702
25 800
-
-
trade
19 096
29 498
-
-
chamber of commerce
310
395
-
-
total
37 027
57 112
-
-
Dividends
74 323
114 887
-
-
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.

1 002
1 559
-
-
withholding
18 197
28 338
-
-
total
19 199
29 897
-
-
Income
172 000
172 000
172 000
172 000
Total tax
70 645
87 009
62 312
83 763
After tax
101 355
84 991
109 688
88 237
Living cost
46 231
46 231
46 231
46 231
Free-cash
55 124
38 760
63 457
42 006

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
₽52163
₽58121
₽62491
₽60625
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
income
-
-
-
26 436
pensions
-
-
-
31 221
other
-
-
-
5 332
health
-
-
-
7 092
surtax
-
-
-
-
social contributions
-
-
-
4 901
total
-
-
-
74 982
Employee
43 191
-
133 604
-
social contributions
1 231
-
3 807
-
surtax
-
-
-
-
income
2 549
-
25 555
-
pensions
4 884
-
9 089
-
total
8 664
-
38 451
-
Employer
43 191
-
133 604
-
other
1 490
-
5 126
-
social contributions
130
-
400
-
unemployment
1 748
-
5 410
-
pensions
7 095
-
15 337
-
health
3 024
-
12 124
-
total
13 487
-
38 397
-
Corporate
115 320
172 000
-
-
surtax
-
-
-
-
income
32 289
48 159
-
-
total
32 289
48 159
-
-
Dividends
83 032
123 841
-
-
surtax
-
-
-
-
social contributions
14 283
21 300
-
-
withholding
10 629
15 851
-
-
total
24 912
37 151
-
-
Income
172 000
172 000
172 000
172 000
Total tax
79 352
85 310
76 848
74 982
After tax
92 648
86 690
95 152
97 018
Living cost
34 527
34 527
34 527
34 527
Free-cash
58 121
52 163
60 625
62 491

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
₽55583
₽61190
₽65911
₽64045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
income
-
-
-
26 436
pensions
-
-
-
31 221
other
-
-
-
5 332
health
-
-
-
7 092
surtax
-
-
-
-
social contributions
-
-
-
4 901
total
-
-
-
74 982
Employee
38 554
-
133 604
-
social contributions
1 099
-
3 807
-
surtax
-
-
-
-
income
1 988
-
25 555
-
pensions
4 361
-
9 089
-
total
7 448
-
38 451
-
Employer
38 554
-
133 604
-
other
1 331
-
5 126
-
social contributions
115
-
400
-
unemployment
1 561
-
5 410
-
pensions
6 335
-
15 337
-
health
2 698
-
12 124
-
total
12 040
-
38 397
-
Corporate
121 405
172 000
-
-
surtax
-
-
-
-
income
33 993
48 159
-
-
total
33 993
48 159
-
-
Dividends
87 412
123 841
-
-
surtax
-
-
-
-
social contributions
15 034
21 300
-
-
withholding
11 188
15 851
-
-
total
26 222
37 151
-
-
Income
172 000
172 000
172 000
172 000
Total tax
79 703
85 310
76 848
74 982
After tax
92 297
86 690
95 152
97 018
Living cost
31 107
31 107
31 107
31 107
Free-cash
61 190
55 583
64 045
65 911

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
₽83537
₽84060
₽89059
₽85680
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
income
-
-
-
25 800
health
-
-
-
12 006
social contributions
-
-
-
23 736
total
-
-
-
61 542
Employee
34 217
-
172 000
-
social contributions
4 723
-
23 736
-
health
2 388
-
12 006
-
income
5 707
-
29 179
-
total
12 818
-
64 921
-
Employer
34 217
-
172 000
-
total
-
-
-
-
Corporate
137 783
172 000
-
-
income

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

6 889
8 601
-
-
total
6 889
8 601
-
-
Dividends
130 894
163 399
-
-
health
9 137
11 404
-
-
social contributions
18 063
22 549
-
-
withholding
19 634
24 510
-
-
total
46 834
58 463
-
-
Income
172 000
172 000
172 000
172 000
Total tax
66 541
67 064
64 921
61 542
After tax
105 459
104 936
107 079
110 458
Living cost
21 399
21 399
21 399
21 399
Free-cash
84 060
83 537
85 680
89 059

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
₽59662
₽58099
₽52703
₽10113
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
chamber of commerce
-
-
-
688
income
-
-
-
45 831
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
83 737
Employee
50 434
40 217
136 513
-
other
504
402
1 180
-
health
1 952
1 557
4 562
-
income
5 742
2 967
36 318
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 876
10 250
57 670
-
Employer
50 434
40 217
136 513
-
accident
655
523
1 532
-
other
2 396
1 909
6 326
-
chamber of commerce
201
161
546
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
4 095
-
health
1 906
1 521
4 456
-
total
14 712
11 775
35 487
-
Corporate
106 854
120 009
132 683
-
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.

26 714
30 002
33 170
-
total
26 714
30 002
33 170
-
Dividends
80 140
90 006
-
-
withholding
22 039
24 751
-
-
total
22 039
24 751
-
-
Income
172 000
172 000
172 000
172 000
Total tax
78 341
76 778
126 327
83 737
After tax
93 659
95 222
45 673
88 263
Living cost
35 560
35 560
35 560
35 560
Free-cash
58 099
59 662
10 113
52 703

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
₽59411
₽44276
₽37737
₽24083
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
national
-
-
-
63 497
communal

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

-
-
-
8 810
social contributions
-
-
-
25 160
total
-
-
-
97 467
Employee

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

72 187
-
133 219
-
communal

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

3 765
-
6 948
-
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
-
6 261
-
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
-
9 991
-
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
-
1 159
-
national
22 193
-
47 981
-
total
35 392
-
72 340
-
Employer

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

72 187
-
133 219
-
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
-
1 733
-
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
-
1 946
-
surtax
8 185
-
15 106
-
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
-
11 803
-
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
-
8 193
-
total
21 011
-
38 781
-
Corporate
78 800
172 000
-
-
surtax
316
688
-
-
income
15 759
34 399
-
-
total
16 075
35 087
-
-
Dividends
62 724
136 913
-
-
withholding

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

18 450
40 706
-
-
total
18 450
40 706
-
-
Income
172 000
172 000
172 000
172 000
Total tax
90 928
75 793
111 121
97 467
After tax
81 072
96 207
60 879
74 533
Living cost
36 796
36 796
36 796
36 796
Free-cash
44 276
59 411
24 083
37 737

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
₽78273
₽71242
₽60143
₽55908
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
accident
-
-
-
843
income
-
-
-
47 348
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
75 411
Employee
50 235
-
142 180
-
other
50
-
94
-
income
10 599
-
43 884
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
49 825
-
Employer
50 235
-
142 180
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 764
-
5 144
-
pensions
11 855
-
22 076
-
total
16 013
-
29 821
-
Corporate
105 753
172 000
-
-
income

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

15 863
25 800
-
-
total
15 863
25 800
-
-
Dividends
89 890
146 200
-
-
withholding
18 647
31 481
-
-
total
18 647
31 481
-
-
Income
172 000
172 000
172 000
172 000
Total tax
64 312
57 281
79 646
75 411
After tax
107 688
114 719
92 354
96 589
Living cost
36 446
36 446
36 446
36 446
Free-cash
71 242
78 273
55 908
60 143

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
₽46139
₽33508
₽30842
₽37696
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
accident
-
-
-
1 450
income
-
-
-
27 602
pensions
-
-
-
25 781
health
-
-
-
12 086
surtax
-
-
-
8 526
communal
-
-
-
10 870
total
-
-
-
86 315
Employee
76 425
-
153 640
-
health
3 401
-
6 837
-
surtax
4 684
-
9 417
-
income
7 382
-
32 556
-
pensions
6 113
-
12 291
-
total
21 580
-
61 101
-
Employer
76 425
-
153 640
-
accident
688
-
1 383
-
pensions
6 113
-
12 291
-
health
2 331
-
4 686
-
total
9 132
-
18 360
-
Corporate
86 444
172 000
-
-
surtax
908
1 806
-
-
communal
5 835
11 609
-
-
income
12 967
25 800
-
-
total
19 710
39 215
-
-
Dividends
66 734
132 784
-
-
income
23 217
11 886
-
-
withholding
10 010
19 917
-
-
total
33 227
31 803
-
-
Income
172 000
172 000
172 000
172 000
Total tax
83 649
71 018
79 461
86 315
After tax
88 351
100 982
92 539
85 685
Living cost
54 843
54 843
54 843
54 843
Free-cash
33 508
46 139
37 696
30 842

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
₽85521
₽82311
₽58802
₽52593
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
income
-
-
-
46 700
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
7 101
total
-
-
-
90 531
Employee
33 986
-
143 649
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
5 933
-
income
5 697
-
40 664
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
68 389
-
Employer
33 986
-
143 649
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
130 859
172 000
-
-
income
34 024
44 720
-
-
total
34 024
44 720
-
-
Dividends
96 836
127 280
-
-
withholding
14 526
19 092
-
-
total
14 526
19 092
-
-
Income
172 000
172 000
172 000
172 000
Total tax
67 022
63 812
96 740
90 531
After tax
104 978
108 188
75 260
81 469
Living cost
22 667
22 667
22 667
22 667
Free-cash
82 311
85 521
52 593
58 802

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
₽63222
₽60982
₽54784
₽47057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
municipal
-
-
-
1 023
regional
-
-
-
2 594
national
-
-
-
42 175
social contributions
-
-
-
44 239
total
-
-
-
90 031
Employee
55 981
-
172 000
-
social contributions
18 877
-
57 999
-
regional
754
-
2 314
-
municipal
297
-
912
-
national
8 869
-
36 533
-
total
28 797
-
97 758
-
Employer
55 981
-
172 000
-
total
-
-
-
-
Corporate
116 019
172 000
-
-
nationa
27 844
41 280
-
-
municipal
5 766
8 549
-
-
total
33 610
49 829
-
-
Dividends
82 409
122 171
-
-
withholding
21 426
31 764
-
-
total
21 426
31 764
-
-
Income
172 000
172 000
172 000
172 000
Total tax
83 833
81 593
97 758
90 031
After tax
88 167
90 407
74 242
81 969
Living cost
27 185
27 185
27 185
27 185
Free-cash
60 982
63 222
47 057
54 784

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
₽88637
₽78012
₽67114
₽59569
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
income
-
-
-
17 100
health
-
-
-
23 220
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 781
total
-
-
-
75 101
Employee
43 801
-
130 479
-
social contributions
2 847
-
7 742
-
health
5 913
-
17 615
-
solidarity contribution
-
-
-
-
income
5 256
-
15 768
-
total
14 016
-
41 125
-
Employer
43 801
-
130 479
-
social contributions
10 950
-
29 778
-
health
3 942
-
11 743
-
total
14 892
-
41 521
-
Corporate
113 306
172 000
-
-
income
21 528
32 680
-
-
total
21 528
32 680
-
-
Dividends
91 778
139 320
-
-
withholding
13 767
20 898
-
-
total
13 767
20 898
-
-
Income
172 000
172 000
172 000
172 000
Total tax
64 203
53 578
82 646
75 101
After tax
107 797
118 422
89 354
96 899
Living cost
29 785
29 785
29 785
29 785
Free-cash
78 012
88 637
59 569
67 114

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
₽63132
₽62634
₽56265
₽13527
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
chamber of commerce
-
-
-
688
income
-
-
-
45 831
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
83 538
Employee
44 114
40 217
136 697
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 967
36 406
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 250
57 758
-
Employer
44 114
40 217
136 697
-
accident
573
523
1 532
-
other
2 095
1 909
6 333
-
chamber of commerce
176
161
548
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
4 100
-
health
1 668
1 521
4 456
-
total
12 695
11 576
35 302
-
Corporate
115 190
120 208
132 867
-
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.

28 798
30 052
33 216
-
total
28 798
30 052
33 216
-
Dividends
86 393
90 156
-
-
withholding
23 759
24 793
-
-
total
23 759
24 793
-
-
Income
172 000
172 000
172 000
172 000
Total tax
77 169
76 671
126 276
83 538
After tax
94 831
95 329
45 724
88 462
Living cost
32 197
32 197
32 197
32 197
Free-cash
62 634
63 132
13 527
56 265

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
₽149251
₽146599
₽156131
₽123451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
172 000
microenterprise

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

-
-
-
1 720
total
-
-
-
1 720
Employee
17 686
-
172 000
-
income
3 537
-
34 400
-
total
3 537
-
34 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

154 314
172 000
-
-
total
-
-
-
-
Dividends
154 314
172 000
-
-
withholding
7 715
8 600
-
-
total
7 715
8 600
-
-
Income
172 000
172 000
172 000
172 000
Total tax
11 252
8 600
34 400
1 720
After tax
160 748
163 400
137 600
170 280
Living cost
14 149
14 149
14 149
14 149
Free-cash
146 599
149 251
123 451
156 131

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
₽91354
₽82912
₽57228
₽52674
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
172 000
income
-
-
-
39 106
pensions
-
-
-
31 412
unemployment
-
-
-
259
health
-
-
-
16 926
total
-
-
-
87 703
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
-
148 825
-
health
2 882
-
9 614
-
income
7 696
-
36 193
-
pensions
6 917
-
23 068
-
unemployment
63
-
209
-
total
17 558
-
69 084
-
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
-
148 825
-
unemployment
27
-
90
-
pensions
3 949
-
13 170
-
health
2 972
-
9 913
-
total
6 948
-
23 173
-
Corporate
120 426
172 000
-
-
income
22 882
32 679
-
-
total
22 882
32 679
-
-
Dividends
97 544
139 321
-
-
withholding
14 631
20 898
-
-
total
14 631
20 898
-
-
Income
172 000
172 000
172 000
172 000
Total tax
62 019
53 577
92 257
87 703
After tax
109 981
118 423
79 743
84 297
Living cost
27 069
27 069
27 069
27 069
Free-cash
82 912
91 354
52 674
57 228

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
₽61061
₽13014
₽75282
₽115128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
income
-
-
-
33 526
social contributions
-
-
-
19 608
total
-
-
-
53 134
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
21 391
172 000
-
-
income
4 706
37 840
-
-
total
4 706
37 840
-
-
Dividends
16 685
134 160
-
-
income
3 671
29 515
-
-
total
3 671
29 515
-
-
Income
172 000
172 000
172 000
172 000
Total tax
115 402
67 355
13 288
53 134
After tax
56 598
104 645
158 712
118 866
Living cost
43 584
43 584
43 584
43 584
Free-cash
13 014
61 061
115 128
75 282

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
₽66178
₽65163
₽60720
₽47789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
172 000
income
-
-
-
19 854
surtax
-
-
-
-
social contributions

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

-
-
-
59 771
total
-
-
-
79 625
Employee
46 415
-
138 989
-
social contributions
5 106
-
15 288
-
surtax
-
-
-
-
income
9 654
-
44 257
-
total
14 760
-
59 545
-
Employer
46 415
-
138 989
-
social contributions
11 023
-
33 011
-
total
11 023
-
33 011
-
Corporate
114 562
172 000
-
-
surtax
-
-
-
-
income
24 058
36 121
-
-
total
24 058
36 121
-
-
Dividends
90 504
135 879
-
-
withholding
25 341
38 046
-
-
total
25 341
38 046
-
-
Income
172 000
172 000
172 000
172 000
Total tax
75 182
74 167
92 556
79 625
After tax
96 818
97 833
79 444
92 375
Living cost
31 655
31 655
31 655
31 655
Free-cash
65 163
66 178
47 789
60 720

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
₽37948
₽44884
₽48276
₽46410
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
income
-
-
-
26 436
pensions
-
-
-
31 221
other
-
-
-
5 332
health
-
-
-
7 092
surtax
-
-
-
-
social contributions
-
-
-
4 901
total
-
-
-
74 982
Employee
63 207
-
133 604
-
social contributions
1 800
-
3 807
-
surtax
-
-
-
-
income
5 515
-
25 555
-
pensions
7 149
-
9 089
-
total
14 464
-
38 451
-
Employer
63 207
-
133 604
-
other
2 181
-
5 126
-
social contributions
190
-
400
-
unemployment
2 561
-
5 410
-
pensions
10 386
-
15 337
-
health
4 424
-
12 124
-
total
19 742
-
38 397
-
Corporate
89 052
172 000
-
-
surtax
-
-
-
-
income
24 935
48 159
-
-
total
24 935
48 159
-
-
Dividends
64 117
123 841
-
-
surtax
-
-
-
-
social contributions
11 027
21 300
-
-
withholding
8 206
15 851
-
-
total
19 233
37 151
-
-
Income
172 000
172 000
172 000
172 000
Total tax
78 374
85 310
76 848
74 982
After tax
93 626
86 690
95 152
97 018
Living cost
48 742
48 742
48 742
48 742
Free-cash
44 884
37 948
46 410
48 276

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
₽124464
₽121074
₽96538
₽101105
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
income
-
-
-
7 287
social contributions
-
-
-
37 839
total
-
-
-
45 126
Employee
32 444
-
148 917
-
income
-
-
7 795
-
social contributions
2 109
-
9 681
-
total
2 109
-
17 476
-
Employer
32 444
-
148 917
-
social contributions
5 029
-
23 083
-
total
5 029
-
23 083
-
Corporate
134 527
172 000
-
-
income
13 452
17 200
-
-
total
13 452
17 200
-
-
Dividends
121 075
154 800
-
-
total
-
-
-
-
Income
172 000
172 000
172 000
172 000
Total tax
20 590
17 200
40 559
45 126
After tax
151 410
154 800
131 441
126 874
Living cost
30 336
30 336
30 336
30 336
Free-cash
121 074
124 464
101 105
96 538

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
-₽47973
-₽47973
₽53156
-₽47973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
municipal
-
-
-
35 655
pensions
-
-
-
875
national
-
-
-
20 001
labour market
-
-
-
13 690
total
-
-
-
70 221
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
172 000
172 000
172 000
172 000
Total tax
171 350
171 350
171 350
70 221
After tax
650
650
650
101 779
Living cost
48 623
48 623
48 623
48 623
Free-cash
-47 973
-47 973
-47 973
53 156

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
-₽7814
₽10597
₽95851
₽71516
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
accident
-
-
-
253
income
-
-
-
47 416
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
54 403
Employee
34 209
-
154 578
-
health
3 917
-
17 699
-
income
4 693
-
35 963
-
pensions
3 852
-
7 654
-
total
12 462
-
61 316
-
Employer
34 209
-
154 578
-
accident
571
-
2 582
-
unemployment
838
-
3 787
-
pensions
5 562
-
11 053
-
total
6 971
-
17 422
-
Corporate
130 820
172 000
-
-
income

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

117 738
154 800
-
-
total
117 738
154 800
-
-
Dividends
13 082
17 200
-
-
withholding
2 486
3 268
-
-
total
2 486
3 268
-
-
Income
172 000
172 000
172 000
172 000
Total tax
139 657
158 068
78 738
54 403
After tax
32 343
13 932
93 262
117 597
Living cost
21 746
21 746
21 746
21 746
Free-cash
10 597
-7 814
71 516
95 851

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
₽69392
₽71788
₽73031
₽51849
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
172 000
municipal
-
-
-
30 559
health
-
-
-
2 227
national
-
-
-
27 438
total
-
-
-
60 224
Employee
53 095
-
144 694
-
health
396
-
1 808
-
municipal
8 697
-
23 571
-
pensions
3 583
-
9 767
-
unemployment
797
-
2 170
-
national
877
-
16 784
-
total
14 350
-
54 100
-
Employer
53 095
-
144 694
-
accident
54
-
146
-
unemployment
345
-
940
-
pensions
9 212
-
25 105
-
health
408
-
1 115
-
total
10 019
-
27 306
-
Corporate
108 887
172 000
-
-
income
21 777
34 399
-
-
total
21 777
34 399
-
-
Dividends

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

65 333
103 201
-
-
national
3 560
10 887
-
-
municipal
11 761
18 577
-
-
total
15 321
29 464
-
-
Income
172 000
172 000
172 000
172 000
Total tax
61 467
63 863
81 406
60 224
After tax
110 533
108 137
90 594
111 776
Living cost
38 745
38 745
38 745
38 745
Free-cash
71 788
69 392
51 849
73 031

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
₽102128
₽96638
₽94485
₽92957
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
income
-
-
-
33 436
health
-
-
-
4 386
social contributions
-
-
-
16 328
total
-
-
-
54 150
Employee
77 601
77 601
160 347
-
social contributions
2 934
6 441
8 687
-
health
601
1 320
2 725
-
income
8 449
7 184
32 612
-
total
11 984
14 945
44 024
-
Employer
77 601
77 601
160 347
-
social contributions
2 934
6 441
8 687
-
health
653
1 436
2 967
-
total
3 587
7 877
11 654
-
Corporate
133 063
86 522
-
-
income
16 633
10 815
-
-
total
16 633
10 815
-
-
Dividends
116 430
75 707
-
-
withholding
19 793
12 870
-
-
total
19 793
12 870
-
-
Income
172 000
172 000
172 000
172 000
Total tax
51 997
46 507
55 678
54 150
After tax
120 003
125 493
116 322
117 850
Living cost
23 365
23 365
23 365
23 365
Free-cash
96 638
102 128
92 957
94 485

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
₽126409
₽121276
₽128424
₽108183
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
172 000
income
-
-
-
17 453
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
27 553
Employee

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

23 164
-
162 137
-
health
1 969
-
8 139
-
income
1 584
-
14 950
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
37 931
-
Employer

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

23 164
-
162 137
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
146 451
172 000
-
-
income
13 180
15 480
-
-
total
13 180
15 480
-
-
Dividends
133 272
156 520
-
-
withholding
11 994
14 088
-
-
total
11 994
14 088
-
-
Income
172 000
172 000
172 000
172 000
Total tax
34 701
29 568
47 794
27 553
After tax
137 299
142 432
124 206
144 447
Living cost
16 023
16 023
16 023
16 023
Free-cash
121 276
126 409
108 183
128 424

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
₽86968
₽82511
₽68838
₽64603
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
accident
-
-
-
843
income
-
-
-
47 348
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
75 411
Employee
37 315
-
142 180
-
other
36
-
94
-
income
7 194
-
43 884
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
49 825
-
Employer
37 315
-
142 180
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 076
-
total
11 897
-
29 821
-
Corporate
122 788
172 000
-
-
income

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

18 418
25 800
-
-
total
18 418
25 800
-
-
Dividends
104 370
146 200
-
-
withholding
21 861
31 481
-
-
total
21 861
31 481
-
-
Income
172 000
172 000
172 000
172 000
Total tax
61 738
57 281
79 646
75 411
After tax
110 262
114 719
92 354
96 589
Living cost
27 751
27 751
27 751
27 751
Free-cash
82 511
86 968
64 603
68 838

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
₽104572
₽104118
₽107426
₽107228
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
income
-
-
-
58 351
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
61 818
Employee
4 198
-
169 738
-
health
210
-
503
-
income
812
-
58 245
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
59 754
-
Employer
4 198
-
169 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
166 858
172 000
-
-
income
36 709
37 840
-
-
total
36 709
37 840
-
-
Dividends
130 149
134 160
-
-
withholding
26 030
26 832
-
-
total
26 030
26 832
-
-
Income
172 000
172 000
172 000
172 000
Total tax
65 126
64 672
62 016
61 818
After tax
106 874
107 328
109 984
110 182
Living cost
2 756
2 756
2 756
2 756
Free-cash
104 118
104 572
107 228
107 426

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
₽106817
₽101852
₽87570
₽87571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
172 000
income
-
-
-
38 784
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
66 977
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
-
158 649
-
health
1 355
-
3 841
-
income
3 628
-
38 784
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
53 626
-
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
-
158 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
140 970
172 000
-
-
income
21 146
25 800
-
-
total
21 146
25 800
-
-
Dividends
119 825
146 200
-
-
withholding
17 974
21 930
-
-
total
17 974
21 930
-
-
Income
172 000
172 000
172 000
172 000
Total tax
52 695
47 730
66 976
66 977
After tax
119 305
124 270
105 024
105 023
Living cost
17 453
17 453
17 453
17 453
Free-cash
101 852
106 817
87 571
87 570

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
₽70626
₽70262
₽65168
₽52237
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
172 000
income
-
-
-
19 854
surtax
-
-
-
-
social contributions

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

-
-
-
59 771
total
-
-
-
79 625
Employee
39 169
-
138 989
-
social contributions
4 309
-
15 288
-
surtax
-
-
-
-
income
7 653
-
44 257
-
total
11 962
-
59 545
-
Employer
39 169
-
138 989
-
social contributions
9 302
-
33 011
-
total
9 302
-
33 011
-
Corporate
123 530
172 000
-
-
surtax
-
-
-
-
income
25 942
36 121
-
-
total
25 942
36 121
-
-
Dividends
97 588
135 879
-
-
withholding
27 325
38 046
-
-
total
27 325
38 046
-
-
Income
172 000
172 000
172 000
172 000
Total tax
74 531
74 167
92 556
79 625
After tax
97 469
97 833
79 444
92 375
Living cost
27 207
27 207
27 207
27 207
Free-cash
70 262
70 626
52 237
65 168

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
₽79252
₽72565
₽61122
₽56887
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
accident
-
-
-
843
income
-
-
-
47 348
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
75 411
Employee
48 739
-
142 180
-
other
48
-
94
-
income
10 180
-
43 884
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
49 825
-
Employer
48 739
-
142 180
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 076
-
total
15 539
-
29 821
-
Corporate
107 722
172 000
-
-
income

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

16 158
25 800
-
-
total
16 158
25 800
-
-
Dividends
91 564
146 200
-
-
withholding
18 998
31 481
-
-
total
18 998
31 481
-
-
Income
172 000
172 000
172 000
172 000
Total tax
63 968
57 281
79 646
75 411
After tax
108 032
114 719
92 354
96 589
Living cost
35 467
35 467
35 467
35 467
Free-cash
72 565
79 252
56 887
61 122

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
₽129689
₽123535
₽119412
₽126093
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
income
-
-
-
25 800
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
-
-
-
35 217
Employee
23 001
-
165 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
16 508
-
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
-
21 615
-
Employer
23 001
-
165 080
-
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
144 486
172 000
-
-
income
14 449
17 200
-
-
total
14 449
17 200
-
-
Dividends
130 037
154 800
-
-
withholding
6 502
7 740
-
-
total
6 502
7 740
-
-
Income
172 000
172 000
172 000
172 000
Total tax
31 094
24 940
28 536
35 217
After tax
140 906
147 060
143 464
136 783
Living cost
17 371
17 371
17 371
17 371
Free-cash
123 535
129 689
126 093
119 412

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
₽49568
₽62771
₽52778
₽70726
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
172 000
trade
-
-
-
17 948
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.

-
-
-
52 528
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.

-
-
-
2 890
total
-
-
-
80 260
Employee

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

50 213
-
172 000
-
health

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

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

6 894
-
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
-
2 890
-
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
-
52 528
-
total
11 251
-
62 312
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
121 787
172 000
-
-
surtax

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

1 005
1 419
-
-
income
18 268
25 800
-
-
trade
17 477
24 682
-
-
chamber of commerce
331
406
-
-
total
37 081
52 307
-
-
Dividends
84 705
119 693
-
-
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.

1 143
1 624
-
-
withholding
20 792
29 539
-
-
total
21 935
31 163
-
-
Income
172 000
172 000
172 000
172 000
Total tax
70 267
83 470
62 312
80 260
After tax
101 733
88 530
109 688
91 740
Living cost
38 962
38 962
38 962
38 962
Free-cash
62 771
49 568
70 726
52 778

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
₽62914
₽65141
₽33831
₽33831
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
income
-
-
-
52 120
social contributions
-
-
-
28 562
total
-
-
-
80 682
Employee
78 941
-
172 000
-
income
14 896
-
52 120
-
social contributions
6 558
-
28 562
-
total
21 454
-
80 682
-
Employer
78 941
-
172 000
-
total
-
-
-
-
Corporate
93 059
172 000
-
-
income
11 632
21 499
-
-
total
11 632
21 499
-
-
Dividends
81 427
150 501
-
-
withholding
16 286
30 100
-
-
total
16 286
30 100
-
-
Income
172 000
172 000
172 000
172 000
Total tax
49 372
51 599
80 682
80 682
After tax
122 628
120 401
91 318
91 318
Living cost
57 487
57 487
57 487
57 487
Free-cash
65 141
62 914
33 831
33 831

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
₽69834
₽73361
₽99898
₽86014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
172 000
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
-
167 358
-
income
5 023
-
40 068
-
social contributions
4 638
-
4 642
-
total
9 661
-
44 710
-
Employer
46 295
-
167 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
121 066
172 000
-
-
income
42 374
60 200
-
-
total
42 374
60 200
-
-
Dividends
78 692
111 800
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
172 000
172 000
172 000
172 000
Total tax
62 005
65 532
49 352
35 468
After tax
109 995
106 468
122 648
136 532
Living cost
36 634
36 634
36 634
36 634
Free-cash
73 361
69 834
86 014
99 898

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
₽75663
₽81657
₽76921
₽61320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
income
-
-
-
48 480
pensions
-
-
-
8 984
total
-
-
-
57 464
Employee
51 632
-
150 309
-
health
674
-
2 204
-
income
9 403
-
38 076
-
pensions
3 941
-
11 096
-
total
14 018
-
51 376
-
Employer
51 632
-
150 309
-
pensions
5 216
-
18 832
-
health
981
-
2 857
-
total
6 197
-
21 689
-
Corporate
114 170
172 000
-
-
income

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

21 693
32 679
-
-
total
21 693
32 679
-
-
Dividends
92 477
139 321
-
-
withholding
10 820
26 043
-
-
total
10 820
26 043
-
-
Income
172 000
172 000
172 000
172 000
Total tax
52 728
58 722
73 065
57 464
After tax
119 272
113 278
98 935
114 536
Living cost
37 615
37 615
37 615
37 615
Free-cash
81 657
75 663
61 320
76 921

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
-₽9968
₽10266
₽93697
₽69362
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
accident
-
-
-
253
income
-
-
-
47 416
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
54 403
Employee
37 595
-
154 578
-
health
4 304
-
17 699
-
income
5 158
-
35 963
-
pensions
4 233
-
7 654
-
total
13 695
-
61 316
-
Employer
37 595
-
154 578
-
accident
628
-
2 582
-
unemployment
921
-
3 787
-
pensions
6 113
-
11 053
-
total
7 662
-
17 422
-
Corporate
126 744
172 000
-
-
income

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

114 069
154 800
-
-
total
114 069
154 800
-
-
Dividends
12 674
17 200
-
-
withholding
2 408
3 268
-
-
total
2 408
3 268
-
-
Income
172 000
172 000
172 000
172 000
Total tax
137 834
158 068
78 738
54 403
After tax
34 166
13 932
93 262
117 597
Living cost
23 900
23 900
23 900
23 900
Free-cash
10 266
-9 968
69 362
93 697

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
₽131107
₽126385
₽85715
₽107908
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
172 000
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
28 271
pensions
-
-
-
29 696
unemployment
-
-
-
1 937
total
-
-
-
72 654
Employee

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

21 810
-
172 000
-
work injury
109
-
403
-
income
2 181
-
28 271
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
50 461
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
150 190
172 000
-
-
income

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

1 502
1 720
-
-
total
1 502
1 720
-
-
Dividends
148 688
170 280
-
-
withholding
22 303
25 542
-
-
total
22 303
25 542
-
-
Income
172 000
172 000
172 000
172 000
Total tax
31 984
27 262
50 461
72 654
After tax
140 016
144 738
121 539
99 346
Living cost
13 631
13 631
13 631
13 631
Free-cash
126 385
131 107
107 908
85 715

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
₽50395
₽45803
₽40301
₽32750
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 000
municipal
-
-
-
1 149
regional
-
-
-
3 933
national
-
-
-
42 175
social contributions
-
-
-
44 239
total
-
-
-
91 496
Employee
85 040
-
172 000
-
social contributions
28 675
-
57 999
-
regional
1 284
-
3 488
-
municipal
508
-
1 027
-
national
14 371
-
36 533
-
total
44 838
-
99 047
-
Employer
85 040
-
172 000
-
total
-
-
-
-
Corporate
86 960
172 000
-
-
nationa
20 871
41 280
-
-
municipal
4 192
8 291
-
-
total
25 063
49 571
-
-
Dividends
61 897
122 429
-
-
withholding
16 093
31 831
-
-
total
16 093
31 831
-
-
Income
172 000
172 000
172 000
172 000
Total tax
85 994
81 402
99 047
91 496
After tax
86 006
90 598
72 953
80 504
Living cost
40 203
40 203
40 203
40 203
Free-cash
45 803
50 395
32 750
40 301

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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