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
₽ 172500
per

Your estimated
City
free-cash

Dresden , Germany
₽60413
₽59029
₽69238
₽80821
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
172 500
health

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

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

-
-
-
6 306
trade
-
-
-
20 408
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.

-
-
-
2 994
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.

-
-
-
54 419
total
-
-
-
84 127
Employee

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

35 307
-
172 500
-
health

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

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

6 306
-
6 306
-
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.

54
-
2 994
-
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.

986
-
54 419
-
total
7 346
-
63 719
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
137 193
172 500
-
-
trade
21 608
27 168
-
-
chamber of commerce
338
387
-
-
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.

1 132
1 422
-
-
income
20 578
25 876
-
-
total
43 656
54 853
-
-
Dividends
93 536
117 646
-
-
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.

1 267
1 598
-
-
withholding
23 033
29 060
-
-
total
24 300
30 658
-
-
Income
172 500
172 500
172 500
172 500
Total tax
75 302
85 511
63 719
84 127
After tax
97 198
86 989
108 781
88 373
Living cost
27 960
27 960
27 960
27 960
Free-cash
69 238
59 029
80 821
60 413

Estimated living cost  is ₽27960 per week

₽17588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52680
₽58869
₽58058
₽53605
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
municipal
-
-
-
18 919
social contributions
-
-
-
1 854
national
-
-
-
29 576
pensions
-
-
-
20 700
total
-
-
-
71 049
Employee
75 604
-
149 125
-
pensions
3 024
-
5 965
-
national
14 471
-
31 039
-
municipal
9 338
-
19 587
-
total
26 833
-
56 591
-
Employer
75 604
-
149 125
-
pensions
6 048
-
11 930
-
social contributions
813
-
1 603
-
total
6 861
-
13 533
-
Corporate
85 045
172 500
-
-
income

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

17 009
34 500
-
-
total
17 009
34 500
-
-
Dividends
68 036
138 000
-
-
withholding
14 968
30 360
-
-
total
14 968
30 360
-
-
Income
172 500
172 500
172 500
172 500
Total tax
65 671
64 860
70 124
71 049
After tax
106 829
107 640
102 376
101 451
Living cost
48 771
48 771
48 771
48 771
Free-cash
58 058
58 869
53 605
52 680

Estimated living cost  is ₽48771 per week

₽33149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽730
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41172
₽118795
₽111222
₽53942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
172 500
social contributions

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

-
-
-
35 369
income
-
-
-
32 767
microenterprise
-
-
-
-
surtax
-
-
-
43 987
total
-
-
-
112 123
Employee
26 974
-
131 529
-
surtax
-
-
19 072
-
social contributions

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

2 968
-
12 101
-
income
4 802
-
27 209
-
total
7 770
-
58 382
-
Employer
26 974
-
131 529
-
surtax
-
-
14 468
-
social contributions

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

6 497
-
26 503
-
total
6 497
-
40 971
-
Corporate
139 029
172 500
-
-
income

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

27 806
34 500
-
-
total
27 806
34 500
-
-
Dividends

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

111 223
138 000
-
-
total
-
-
-
-
Income
172 500
172 500
172 500
172 500
Total tax
42 073
34 500
99 353
112 123
After tax
130 427
138 000
73 147
60 377
Living cost
19 205
19 205
19 205
19 205
Free-cash
111 222
118 795
53 942
41 172

Estimated living cost  is ₽19205 per week

₽12252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1829
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55875
₽46880
₽41224
₽70176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
11 383
pensions
-
-
-
10 816
income
-
-
-
55 755
total
-
-
-
77 954
Employee
78 831
78 831
155 345
-
health
12 100
10 292
11 383
-
pensions
14 189
10 816
10 816
-
income

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

12 903
12 903
24 299
-
total
39 192
34 011
46 498
-
Employer
78 831
78 831
155 345
-
health
5 480
5 480
6 809
-
pensions
5 487
5 487
6 820
-
unemployment
2 838
2 838
3 526
-
total
13 805
13 805
17 155
-
Corporate
80 832
79 865
-
-
income
16 167
15 973
-
-
total
16 167
15 973
-
-
Dividends
64 665
63 893
-
-
income
13 741
13 576
-
-
withholding
9 700
9 584
-
-
total
23 441
23 160
-
-
Income
172 500
172 500
172 500
172 500
Total tax
92 605
86 949
63 653
77 954
After tax
79 895
85 551
108 847
94 546
Living cost
38 671
38 671
38 671
38 671
Free-cash
41 224
46 880
70 176
55 875

Estimated living cost  is ₽38671 per week

₽27405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49613
₽55262
₽54388
₽48668
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
5 323
accident
-
-
-
171
other
-
-
-
9 913
municipal
-
-
-
44 070
pensions
-
-
-
9 222
national
-
-
-
15 180
unemployment
-
-
-
85
total
-
-
-
83 964
Employee
55 462
-
145 697
-
national
-
-
14 658
-
municipal
16 539
-
43 447
-
total
16 539
-
58 105
-
Employer
55 462
-
145 697
-
health
3 411
-
5 246
-
accident
111
-
171
-
pensions
5 995
-
9 222
-
other
6 445
-
9 913
-
unemployment
1 464
-
2 252
-
total
17 426
-
26 804
-
Corporate
99 611
172 500
-
-
income
21 915
37 950
-
-
total
21 915
37 950
-
-
Dividends
77 697
134 550
-
-
withholding
23 309
40 365
-
-
total
23 309
40 365
-
-
Income
172 500
172 500
172 500
172 500
Total tax
79 189
78 315
84 909
83 964
After tax
93 311
94 185
87 591
88 536
Living cost
38 923
38 923
38 923
38 923
Free-cash
54 388
55 262
48 668
49 613

Estimated living cost  is ₽38923 per week

₽25797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3819
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51201
₽49837
₽62806
₽72517
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
172 500
health

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

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

-
-
-
6 306
trade
-
-
-
21 316
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.

-
-
-
2 994
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.

-
-
-
54 419
total
-
-
-
85 035
Employee

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

46 813
-
172 500
-
health

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

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

6 306
-
6 306
-
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.

221
-
2 994
-
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.

4 022
-
54 419
-
total
10 549
-
63 719
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
125 687
172 500
-
-
trade
20 675
28 375
-
-
chamber of commerce
319
385
-
-
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.

1 037
1 422
-
-
income
18 853
25 876
-
-
total
40 884
56 058
-
-
Dividends
84 804
116 441
-
-
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.

1 147
1 582
-
-
withholding
20 850
28 759
-
-
total
21 997
30 341
-
-
Income
172 500
172 500
172 500
172 500
Total tax
73 430
86 399
63 719
85 035
After tax
99 070
86 101
108 781
87 465
Living cost
36 264
36 264
36 264
36 264
Free-cash
62 806
49 837
72 517
51 201

Estimated living cost  is ₽36264 per week

₽24254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87466
₽95867
₽92040
₽85976
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
4 399
social contributions
-
-
-
14 936
income
-
-
-
35 758
total
-
-
-
55 093
Employee
70 983
70 983
161 565
-
health
706
1 207
2 747
-
social contributions
3 449
5 891
7 946
-
income
7 454
6 571
34 955
-
total
11 609
13 669
45 648
-
Employer
70 983
70 983
161 565
-
health
769
1 314
2 989
-
social contributions
3 449
5 891
7 946
-
total
4 218
7 205
10 935
-
Corporate
126 731
94 312
-
-
income
15 841
11 790
-
-
total
15 841
11 790
-
-
Dividends
110 890
82 522
-
-
withholding
18 851
14 028
-
-
total
18 851
14 028
-
-
Income
172 500
172 500
172 500
172 500
Total tax
50 519
46 692
56 583
55 093
After tax
121 981
125 808
115 917
117 407
Living cost
29 941
29 941
29 941
29 941
Free-cash
92 040
95 867
85 976
87 466

Estimated living cost  is ₽29941 per week

₽20468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101977
₽79373
₽79738
₽82476
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
12 075
pensions
-
-
-
17 250
unemployment
-
-
-
2 587
income
-
-
-
21 088
total
-
-
-
53 000
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.

25 295
10 067
144 351
-
health
1 771
705
10 105
-
pensions
2 530
1 007
14 435
-
unemployment
379
151
2 165
-
income
3 092
1 231
17 647
-
total
7 772
3 094
44 352
-
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.

25 295
10 067
144 351
-
pensions
4 933
1 963
28 149
-
total
4 933
1 963
28 149
-
Corporate
142 272
160 470
-
-
income
12 804
14 442
-
-
total
12 804
14 442
-
-
Dividends
129 468
146 027
-
-
social contributions
25 131
28 360
-
-
withholding
24 599
27 745
-
-
total
49 730
56 105
-
-
Income
172 500
172 500
172 500
172 500
Total tax
75 239
75 604
72 501
53 000
After tax
97 261
96 896
99 999
119 500
Living cost
17 523
17 523
17 523
17 523
Free-cash
79 738
79 373
82 476
101 977

Estimated living cost  is ₽17523 per week

₽11958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1434
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3781
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70163
₽115703
₽109967
₽77128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
22 425
pensions
-
-
-
34 500
income
-
-
-
23 115
total
-
-
-
80 040
Employee
26 187
-
128 924
-
pensions
524
-
2 579
-
unemployment
419
-
2 064
-
income
2 948
-
24 856
-
total
3 891
-
29 499
-
Employer
26 187
-
128 924
-
health
3 404
-
16 759
-
pensions
5 238
-
25 785
-
unemployment
210
-
1 032
-
total
8 852
-
43 576
-
Corporate
137 461
172 500
-
-
income
27 493
34 500
-
-
total
27 493
34 500
-
-
Dividends
109 968
138 000
-
-
total
-
-
-
-
Income
172 500
172 500
172 500
172 500
Total tax
40 236
34 500
73 075
80 040
After tax
132 264
138 000
99 425
92 460
Living cost
22 297
22 297
22 297
22 297
Free-cash
109 967
115 703
77 128
70 163

Estimated living cost  is ₽22297 per week

₽15293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97193
-₽6731
₽10797
₽73231
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
2 052
accident
-
-
-
238
other
-
-
-
349
pensions
-
-
-
3 916
income
-
-
-
48 048
total
-
-
-
54 603
Employee
32 569
-
155 716
-
health
3 729
-
17 829
-
pensions
3 667
-
7 180
-
income
4 468
-
36 772
-
total
11 864
-
61 781
-
Employer
32 569
-
155 716
-
accident
544
-
2 601
-
pensions
5 296
-
10 368
-
unemployment
798
-
3 815
-
total
6 638
-
16 784
-
Corporate
133 294
172 500
-
-
income

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

119 964
155 250
-
-
total
119 964
155 250
-
-
Dividends
13 329
17 250
-
-
withholding
2 533
3 277
-
-
total
2 533
3 277
-
-
Income
172 500
172 500
172 500
172 500
Total tax
140 999
158 527
78 565
54 603
After tax
31 501
13 973
93 935
117 897
Living cost
20 704
20 704
20 704
20 704
Free-cash
10 797
-6 731
73 231
97 193

Estimated living cost  is ₽20704 per week

₽15174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3951
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163250
₽156350
₽154939
₽130475
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
172 500
microenterprise

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

-
-
-
1 725
total
-
-
-
1 725
Employee
9 406
-
172 500
-
income
1 881
-
34 500
-
total
1 881
-
34 500
-
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%.

163 094
172 500
-
-
total
-
-
-
-
Dividends
163 094
172 500
-
-
withholding
8 155
8 625
-
-
total
8 155
8 625
-
-
Income
172 500
172 500
172 500
172 500
Total tax
10 036
8 625
34 500
1 725
After tax
162 464
163 875
138 000
170 775
Living cost
7 525
7 525
7 525
7 525
Free-cash
154 939
156 350
130 475
163 250

Estimated living cost  is ₽7525 per week

₽4663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73784
₽102140
₽95905
₽72932
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
6 177
other
-
-
-
6 667
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.

-
-
-
33 690
income
-
-
-
27 585
total
-
-
-
74 119
Employee
33 517
-
137 778
-
health
469
-
1 929
-
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.

2 346
-
9 644
-
unemployment
335
-
1 377
-
income
5 770
-
27 302
-
total
8 920
-
40 252
-
Employer
33 517
-
137 778
-
health
469
-
1 929
-
accident
268
-
1 102
-
pensions

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

5 699
-
23 421
-
other
1 676
-
6 890
-
unemployment
335
-
1 377
-
total
8 447
-
34 719
-
Corporate
130 535
172 500
-
-
income
27 412
36 225
-
-
total
27 412
36 225
-
-
Dividends
103 123
136 275
-
-
withholding
7 219
9 538
-
-
total
7 219
9 538
-
-
Income
172 500
172 500
172 500
172 500
Total tax
51 998
45 763
74 971
74 119
After tax
120 502
126 737
97 529
98 381
Living cost
24 597
24 597
24 597
24 597
Free-cash
95 905
102 140
72 932
73 784

Estimated living cost  is ₽24597 per week

₽17379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52745
₽50859
₽56085
₽37202
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
pensions
-
-
-
8 417
income
-
-
-
50 643
total
-
-
-
59 060
Employee
85 874
-
150 572
-
health
1 415
-
2 135
-
pensions
8 285
-
10 262
-
income
15 480
-
40 279
-
total
25 180
-
52 676
-
Employer
85 874
-
150 572
-
health
1 631
-
2 860
-
pensions
10 139
-
19 067
-
total
11 770
-
21 927
-
Corporate
74 855
172 500
-
-
income

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

14 223
32 774
-
-
total
14 223
32 774
-
-
Dividends
60 633
139 726
-
-
withholding
4 547
28 172
-
-
total
4 547
28 172
-
-
Income
172 500
172 500
172 500
172 500
Total tax
55 720
60 946
74 603
59 060
After tax
116 780
111 554
97 897
113 440
Living cost
60 695
60 695
60 695
60 695
Free-cash
56 085
50 859
37 202
52 745

Estimated living cost  is ₽60695 per week

₽45480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽125819
₽135330
₽131025
₽132684
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
3 725
pensions

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

-
-
-
4 794
unemployment
-
-
-
130
income
-
-
-
25 875
total
-
-
-
34 524
Employee
16 098
-
166 145
-
health
740
-
1 490
-
accident

We are using the highest rate at 1.1%.

177
-
356
-
pensions

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

1 413
-
2 844
-
income
1 610
-
16 615
-
total
3 940
-
21 305
-
Employer
16 098
-
166 145
-
health
1 111
-
2 235
-
accident

We are using the highest rate at 1.1%.

177
-
356
-
pensions

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

1 774
-
3 569
-
unemployment
96
-
194
-
total
3 158
-
6 354
-
Corporate
153 243
172 500
-
-
income
15 324
17 250
-
-
total
15 324
17 250
-
-
Dividends
137 919
155 250
-
-
withholding
6 896
7 763
-
-
total
6 896
7 763
-
-
Income
172 500
172 500
172 500
172 500
Total tax
29 318
25 013
27 659
34 524
After tax
143 182
147 487
144 841
137 976
Living cost
12 157
12 157
12 157
12 157
Free-cash
131 025
135 330
132 684
125 819

Estimated living cost  is ₽12157 per week

₽7098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽322
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43358
₽34363
₽36686
₽57659
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
11 383
pensions
-
-
-
10 816
income
-
-
-
55 755
total
-
-
-
77 954
Employee
85 585
78 831
155 345
-
health
10 677
10 292
11 383
-
pensions
10 816
10 816
10 816
-
income

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

12 903
12 903
24 299
-
total
34 396
34 011
46 498
-
Employer
85 585
78 831
155 345
-
health
5 947
5 480
6 809
-
pensions
5 956
5 487
6 820
-
unemployment
3 081
2 838
3 526
-
total
14 984
13 805
17 155
-
Corporate
71 931
79 865
-
-
income
14 386
15 973
-
-
total
14 386
15 973
-
-
Dividends
57 545
63 893
-
-
income
12 229
13 576
-
-
withholding
8 631
9 584
-
-
total
20 860
23 160
-
-
Income
172 500
172 500
172 500
172 500
Total tax
84 626
86 949
63 653
77 954
After tax
87 874
85 551
108 847
94 546
Living cost
51 188
51 188
51 188
51 188
Free-cash
36 686
34 363
57 659
43 358

Estimated living cost  is ₽51188 per week

₽37760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4572
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75489
₽95757
₽87550
₽67964
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
23 287
social contributions
-
-
-
33 110
solidarity contribution
-
-
-
190
income
-
-
-
17 415
total
-
-
-
74 002
Employee
33 837
-
132 250
-
health
4 568
-
17 854
-
solidarity contribution
-
-
-
-
social contributions
2 199
-
7 370
-
income
4 060
-
16 054
-
total
10 827
-
41 278
-
Employer
33 837
-
132 250
-
health
3 045
-
11 902
-
social contributions
8 459
-
28 347
-
total
11 504
-
40 249
-
Corporate
127 158
172 500
-
-
income
24 160
32 775
-
-
total
24 160
32 775
-
-
Dividends
102 998
139 725
-
-
withholding
15 450
20 959
-
-
total
15 450
20 959
-
-
Income
172 500
172 500
172 500
172 500
Total tax
61 941
53 734
81 527
74 002
After tax
110 559
118 766
90 973
98 498
Living cost
23 009
23 009
23 009
23 009
Free-cash
87 550
95 757
67 964
75 489

Estimated living cost  is ₽23009 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42911
₽53085
₽48265
₽35121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
regional
-
-
-
2 047
municipal
-
-
-
1 025
social contributions
-
-
-
44 368
national
-
-
-
43 197
total
-
-
-
90 637
Employee
82 041
-
172 500
-
regional
774
-
1 808
-
national
14 216
-
37 539
-
social contributions
27 664
-
58 166
-
municipal
434
-
914
-
total
43 088
-
98 427
-
Employer
82 041
-
172 500
-
total
-
-
-
-
Corporate
90 459
172 500
-
-
nationa
21 710
41 400
-
-
municipal
3 528
6 727
-
-
total
25 238
48 127
-
-
Dividends
65 221
124 373
-
-
withholding
16 957
32 336
-
-
total
16 957
32 336
-
-
Income
172 500
172 500
172 500
172 500
Total tax
85 283
80 463
98 427
90 637
After tax
87 217
92 037
74 073
81 863
Living cost
38 952
38 952
38 952
38 952
Free-cash
48 265
53 085
35 121
42 911

Estimated living cost  is ₽38952 per week

₽27153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2554
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8647
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61130
₽88134
₽85259
₽55484
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
8 747
other
-
-
-
-
pensions
-
-
-
24 641
unemployment
-
-
-
210
income
-
-
-
49 542
surtax
-
-
-
7 860
total
-
-
-
91 000
Employee
30 527
-
146 567
-
health
780
-
3 141
-
pensions
2 036
-
8 218
-
unemployment
2 125
-
8 575
-
surtax
100
-
6 757
-
income
5 117
-
44 021
-
other
-
-
-
-
total
10 158
-
70 712
-
Employer
30 527
-
146 567
-
health
1 389
-
5 606
-
pensions
4 069
-
16 423
-
other
-
-
-
-
unemployment
967
-
3 905
-
total
6 425
-
25 934
-
Corporate
135 547
172 500
-
-
income
35 242
44 849
-
-
total
35 242
44 849
-
-
Dividends
100 305
127 651
-
-
withholding
15 046
19 147
-
-
total
15 046
19 147
-
-
Income
172 500
172 500
172 500
172 500
Total tax
66 871
63 996
96 646
91 000
After tax
105 629
108 504
75 854
81 500
Living cost
20 370
20 370
20 370
20 370
Free-cash
85 259
88 134
55 484
61 130

Estimated living cost  is ₽20370 per week

₽12455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and 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 of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽71975
₽70089
₽76085
₽56432
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
pensions
-
-
-
8 417
income
-
-
-
50 643
total
-
-
-
59 060
Employee
57 551
-
150 572
-
health
835
-
2 135
-
pensions
4 885
-
10 262
-
income
10 365
-
40 279
-
total
16 085
-
52 676
-
Employer
57 551
-
150 572
-
health
1 093
-
2 860
-
pensions
6 230
-
19 067
-
total
7 323
-
21 927
-
Corporate
107 626
172 500
-
-
income

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

20 448
32 774
-
-
total
20 448
32 774
-
-
Dividends
87 178
139 726
-
-
withholding
11 094
28 172
-
-
total
11 094
28 172
-
-
Income
172 500
172 500
172 500
172 500
Total tax
54 950
60 946
74 603
59 060
After tax
117 550
111 554
97 897
113 440
Living cost
41 465
41 465
41 465
41 465
Free-cash
76 085
70 089
56 432
71 975

Estimated living cost  is ₽41465 per week

₽31065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6857
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽64510
₽3867
₽35963
₽56656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
387
city
-
-
-
1 819
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.

-
-
-
3 451
regional
-
-
-
8 543
pensions
-
-
-
15 870
national
-
-
-
2 907
total
-
-
-
32 977
Employee
87 785
-
154 396
-
health
198
-
347
-
regional
2 875
-
7 348
-
pensions
7 375
-
12 970
-
unemployment
-
-
-
-
national
416
-
2 102
-
city
942
-
1 659
-
total
11 806
-
24 426
-
Employer
87 785
-
154 396
-
health
198
-
347
-
pensions
7 375
-
12 970
-
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.

1 755
-
3 088
-
unemployment
-
-
-
-
total
9 328
-
16 405
-
Corporate
74 421
172 500
-
-
national
6 325
14 662
-
-
regional
15 741
36 484
-
-
total
22 066
51 146
-
-
Dividends
52 355
121 354
-
-
withholding
18 324
42 474
-
-
total
18 324
42 474
-
-
Income
172 500
172 500
172 500
172 500
Total tax
61 524
93 620
40 831
32 977
After tax
110 976
78 880
131 669
139 523
Living cost
75 013
75 013
75 013
75 013
Free-cash
35 963
3 867
56 656
64 510

Estimated living cost  is ₽75013 per week

₽48780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽921
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18580
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽44270
₽42924
₽57895
₽66493
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
172 500
health

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

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

-
-
-
6 306
trade
-
-
-
22 223
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.

-
-
-
2 994
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.

-
-
-
54 419
total
-
-
-
85 942
Employee

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

55 478
-
172 500
-
health

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

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

6 306
-
6 306
-
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.

359
-
2 994
-
income

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

6 524
-
54 419
-
total
13 189
-
63 719
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
117 022
172 500
-
-
trade
20 068
29 584
-
-
chamber of commerce
305
384
-
-
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.

965
1 422
-
-
income
17 553
25 876
-
-
total
38 891
57 266
-
-
Dividends
78 131
115 234
-
-
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.

1 055
1 564
-
-
withholding
19 182
28 458
-
-
total
20 237
30 022
-
-
Income
172 500
172 500
172 500
172 500
Total tax
72 317
87 288
63 719
85 942
After tax
100 183
85 212
108 781
86 558
Living cost
42 288
42 288
42 288
42 288
Free-cash
57 895
42 924
66 493
44 270

Estimated living cost  is ₽42288 per week

₽30886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3383
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.
₽7471
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65463
₽55359
₽60812
₽62087
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
7 603
other
-
-
-
5 348
pensions
-
-
-
29 816
social contributions
-
-
-
4 916
income
-
-
-
27 771
surtax
-
-
-
-
total
-
-
-
75 454
Employee
39 508
-
133 111
-
pensions
4 467
-
9 418
-
surtax
-
-
-
-
social contributions
1 126
-
3 793
-
income
2 332
-
26 238
-
total
7 925
-
39 449
-
Employer
39 508
-
133 111
-
health
2 766
-
12 507
-
pensions
6 490
-
15 824
-
other
1 363
-
5 261
-
social contributions
119
-
399
-
unemployment
1 599
-
5 390
-
total
12 337
-
39 381
-
Corporate
120 654
172 500
-
-
surtax
-
-
-
-
income
33 783
48 300
-
-
total
33 783
48 300
-
-
Dividends
86 871
124 200
-
-
social contributions
14 941
21 361
-
-
surtax
-
-
-
-
withholding
11 119
15 897
-
-
total
26 060
37 258
-
-
Income
172 500
172 500
172 500
172 500
Total tax
80 105
85 558
78 830
75 454
After tax
92 395
86 942
93 670
97 046
Living cost
31 583
31 583
31 583
31 583
Free-cash
60 812
55 359
62 087
65 463

Estimated living cost  is ₽31583 per week

₽19914
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2568
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68592
₽58488
₽63615
₽65216
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
7 603
other
-
-
-
5 348
pensions
-
-
-
29 816
social contributions
-
-
-
4 916
income
-
-
-
27 771
surtax
-
-
-
-
total
-
-
-
75 454
Employee
35 266
-
133 111
-
pensions
3 989
-
9 418
-
surtax
-
-
-
-
social contributions
1 006
-
3 793
-
income
1 818
-
26 238
-
total
6 813
-
39 449
-
Employer
35 266
-
133 111
-
health
2 468
-
12 507
-
pensions
5 795
-
15 824
-
other
1 217
-
5 261
-
social contributions
105
-
399
-
unemployment
1 428
-
5 390
-
total
11 013
-
39 381
-
Corporate
126 220
172 500
-
-
surtax
-
-
-
-
income
35 342
48 300
-
-
total
35 342
48 300
-
-
Dividends
90 878
124 200
-
-
social contributions
15 631
21 361
-
-
surtax
-
-
-
-
withholding
11 632
15 897
-
-
total
27 263
37 258
-
-
Income
172 500
172 500
172 500
172 500
Total tax
80 431
85 558
78 830
75 454
After tax
92 069
86 942
93 670
97 046
Living cost
28 454
28 454
28 454
28 454
Free-cash
63 615
58 488
65 216
68 592

Estimated living cost  is ₽28454 per week

₽16502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91205
₽85666
₽86147
₽87358
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
12 040
social contributions
-
-
-
23 805
income
-
-
-
25 876
total
-
-
-
61 721
Employee
31 299
-
172 500
-
health
2 184
-
12 040
-
social contributions
4 320
-
23 805
-
income
5 220
-
29 723
-
total
11 724
-
65 568
-
Employer
31 299
-
172 500
-
total
-
-
-
-
Corporate
141 201
172 500
-
-
income

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

7 060
8 626
-
-
total
7 060
8 626
-
-
Dividends
134 141
163 874
-
-
social contributions
18 511
22 614
-
-
health
9 363
11 439
-
-
withholding
20 121
24 581
-
-
total
47 995
58 634
-
-
Income
172 500
172 500
172 500
172 500
Total tax
66 779
67 260
65 568
61 721
After tax
105 721
105 240
106 932
110 779
Living cost
19 574
19 574
19 574
19 574
Free-cash
86 147
85 666
87 358
91 205

Estimated living cost  is ₽19574 per week

₽13100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1207
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56035
₽62821
₽61394
₽13067
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
8 249
pensions
-
-
-
19 951
unemployment
-
-
-
5 662
income
-
-
-
49 204
chamber of commerce
-
-
-
690
surtax
-
-
-
182
total
-
-
-
83 938
Employee
46 133
36 788
139 006
-
health
1 785
1 424
4 173
-
pensions
4 725
3 766
11 043
-
unemployment
1 384
1 104
3 236
-
income
5 252
2 714
40 006
-
other
461
368
1 079
-
total
13 607
9 376
59 537
-
Employer
46 133
36 788
139 006
-
payroll
1 384
1 104
4 171
-
health
1 743
1 391
4 076
-
surtax
182
182
182
-
accident
599
478
1 401
-
pensions
5 790
4 618
13 534
-
chamber of commerce
184
147
555
-
other
2 191
1 747
6 338
-
unemployment
1 384
1 104
3 236
-
total
13 457
10 771
33 493
-
Corporate
112 910
124 942
135 502
-
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.

28 227
31 236
33 876
-
total
28 227
31 236
33 876
-
Dividends
84 683
93 706
-
-
withholding
23 288
25 769
-
-
total
23 288
25 769
-
-
Income
172 500
172 500
172 500
172 500
Total tax
78 579
77 152
126 906
83 938
After tax
93 921
95 348
45 594
88 562
Living cost
32 527
32 527
32 527
32 527
Free-cash
61 394
62 821
13 067
56 035

Estimated living cost  is ₽32527 per week

₽21694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2775
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41192
₽62795
₽48950
₽26528
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
social contributions
-
-
-
23 015
national
-
-
-
65 666
communal

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

-
-
-
8 969
total
-
-
-
97 650
Employee

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

66 031
-
133 603
-
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.

3 102
-
6 278
-
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.

4 952
-
10 020
-
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.

575
-
1 163
-
national
20 301
-
48 994
-
communal

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

3 444
-
6 969
-
total
32 374
-
73 424
-
Employer

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

66 031
-
133 603
-
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.

4 061
-
8 216
-
surtax
7 487
-
15 149
-
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.

858
-
1 738
-
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.

5 851
-
11 837
-
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.

963
-
1 950
-
total
19 220
-
38 890
-
Corporate
87 248
172 500
-
-
surtax
349
690
-
-
income
17 450
34 500
-
-
total
17 799
35 190
-
-
Dividends
69 450
137 310
-
-
withholding

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

20 499
40 857
-
-
total
20 499
40 857
-
-
Income
172 500
172 500
172 500
172 500
Total tax
89 892
76 047
112 314
97 650
After tax
82 608
96 453
60 186
74 850
Living cost
33 658
33 658
33 658
33 658
Free-cash
48 950
62 795
26 528
41 192

Estimated living cost  is ₽33658 per week

₽21680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2943
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.
₽8508
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63358
₽81524
₽75201
₽59485
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
accident
-
-
-
771
other
-
-
-
86
pensions
-
-
-
24 213
unemployment
-
-
-
599
income
-
-
-
50 135
total
-
-
-
75 804
Employee
45 951
-
145 223
-
pensions
2 160
-
4 022
-
unemployment
713
-
1 326
-
other
46
-
86
-
income
9 695
-
46 966
-
total
12 614
-
52 400
-
Employer
45 951
-
145 223
-
accident
909
-
1 694
-
pensions
10 844
-
20 193
-
other
366
-
685
-
unemployment
2 528
-
4 705
-
total
14 647
-
27 277
-
Corporate
111 903
172 500
-
-
income

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

16 786
25 876
-
-
total
16 786
25 876
-
-
Dividends
95 117
146 624
-
-
withholding
19 914
31 762
-
-
total
19 914
31 762
-
-
Income
172 500
172 500
172 500
172 500
Total tax
63 961
57 638
79 677
75 804
After tax
108 539
114 862
92 823
96 696
Living cost
33 338
33 338
33 338
33 338
Free-cash
75 201
81 524
59 485
63 358

Estimated living cost  is ₽33338 per week

₽24550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5942
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34012
₽50041
₽37908
₽40887
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
12 119
accident
-
-
-
1 454
pensions
-
-
-
25 856
communal
-
-
-
10 901
income
-
-
-
29 440
surtax
-
-
-
8 552
total
-
-
-
88 322
Employee
69 907
-
154 085
-
health
3 111
-
6 857
-
pensions
5 592
-
12 327
-
surtax
4 285
-
9 444
-
income
6 752
-
34 405
-
total
19 740
-
63 033
-
Employer
69 907
-
154 085
-
health
2 132
-
4 700
-
accident
629
-
1 387
-
pensions
5 592
-
12 327
-
total
8 353
-
18 414
-
Corporate
94 241
172 500
-
-
communal
6 361
11 644
-
-
surtax
990
1 811
-
-
income
14 137
25 876
-
-
total
21 488
39 331
-
-
Dividends
72 753
133 169
-
-
income
23 931
12 986
-
-
withholding
10 914
19 976
-
-
total
34 845
32 962
-
-
Income
172 500
172 500
172 500
172 500
Total tax
84 426
72 293
81 447
88 322
After tax
88 074
100 207
91 053
84 178
Living cost
50 166
50 166
50 166
50 166
Free-cash
37 908
50 041
40 887
34 012

Estimated living cost  is ₽50166 per week

₽37632
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60766
₽87770
₽84831
₽55120
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
8 747
other
-
-
-
-
pensions
-
-
-
24 641
unemployment
-
-
-
210
income
-
-
-
49 542
surtax
-
-
-
7 860
total
-
-
-
91 000
Employee
31 087
-
146 567
-
health
794
-
3 141
-
pensions
2 074
-
8 218
-
unemployment
2 163
-
8 575
-
surtax
110
-
6 757
-
income
5 212
-
44 021
-
other
-
-
-
-
total
10 353
-
70 712
-
Employer
31 087
-
146 567
-
health
1 414
-
5 606
-
pensions
4 145
-
16 423
-
other
-
-
-
-
unemployment
986
-
3 905
-
total
6 545
-
25 934
-
Corporate
134 868
172 500
-
-
income
35 066
44 849
-
-
total
35 066
44 849
-
-
Dividends
99 802
127 651
-
-
withholding
14 971
19 147
-
-
total
14 971
19 147
-
-
Income
172 500
172 500
172 500
172 500
Total tax
66 935
63 996
96 646
91 000
After tax
105 565
108 504
75 854
81 500
Living cost
20 734
20 734
20 734
20 734
Free-cash
84 831
87 770
55 120
60 766

Estimated living cost  is ₽20734 per week

₽12518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1803
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56442
₽65804
₽63753
₽48694
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
regional
-
-
-
2 601
municipal
-
-
-
1 025
social contributions
-
-
-
44 368
national
-
-
-
43 197
total
-
-
-
91 191
Employee
51 207
-
172 500
-
regional
689
-
2 320
-
national
8 113
-
37 539
-
social contributions
17 267
-
58 166
-
municipal
272
-
914
-
total
26 341
-
98 939
-
Employer
51 207
-
172 500
-
total
-
-
-
-
Corporate
121 293
172 500
-
-
nationa
29 111
41 400
-
-
municipal
6 028
8 573
-
-
total
35 139
49 973
-
-
Dividends
86 154
122 527
-
-
withholding
22 400
31 856
-
-
total
22 400
31 856
-
-
Income
172 500
172 500
172 500
172 500
Total tax
83 880
81 829
98 939
91 191
After tax
88 620
90 671
73 561
81 309
Living cost
24 867
24 867
24 867
24 867
Free-cash
63 753
65 804
48 694
56 442

Estimated living cost  is ₽24867 per week

₽15465
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70144
₽90412
₽80297
₽62619
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
23 287
social contributions
-
-
-
33 110
solidarity contribution
-
-
-
190
income
-
-
-
17 415
total
-
-
-
74 002
Employee
41 697
-
132 250
-
health
5 629
-
17 854
-
solidarity contribution
-
-
-
-
social contributions
2 710
-
7 370
-
income
5 004
-
16 054
-
total
13 343
-
41 278
-
Employer
41 697
-
132 250
-
health
3 753
-
11 902
-
social contributions
10 424
-
28 347
-
total
14 177
-
40 249
-
Corporate
116 627
172 500
-
-
income
22 159
32 775
-
-
total
22 159
32 775
-
-
Dividends
94 468
139 725
-
-
withholding
14 170
20 959
-
-
total
14 170
20 959
-
-
Income
172 500
172 500
172 500
172 500
Total tax
63 849
53 734
81 527
74 002
After tax
108 651
118 766
90 973
98 498
Living cost
28 354
28 354
28 354
28 354
Free-cash
80 297
90 412
62 619
70 144

Estimated living cost  is ₽28354 per week

₽21086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59293
₽65995
₽65543
₽16192
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
8 249
pensions
-
-
-
19 951
unemployment
-
-
-
5 662
income
-
-
-
49 204
chamber of commerce
-
-
-
690
surtax
-
-
-
-
total
-
-
-
83 756
Employee
40 352
36 788
139 176
-
health
1 561
1 424
4 173
-
pensions
4 132
3 766
11 043
-
unemployment
1 210
1 104
3 236
-
income
3 595
2 714
40 086
-
other
403
368
1 079
-
total
10 901
9 376
59 617
-
Employer
40 352
36 788
139 176
-
payroll
1 210
1 104
4 175
-
health
1 526
1 391
4 076
-
surtax
-
-
-
-
accident
524
478
1 401
-
pensions
5 064
4 618
13 534
-
chamber of commerce
161
147
557
-
other
1 916
1 747
6 343
-
unemployment
1 210
1 104
3 236
-
total
11 611
10 589
33 322
-
Corporate
120 535
125 125
135 674
-
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.

30 134
31 282
33 918
-
total
30 134
31 282
33 918
-
Dividends
90 401
93 843
-
-
withholding
24 860
25 807
-
-
total
24 860
25 807
-
-
Income
172 500
172 500
172 500
172 500
Total tax
77 506
77 054
126 857
83 756
After tax
94 994
95 446
45 643
88 744
Living cost
29 451
29 451
29 451
29 451
Free-cash
65 543
65 995
16 192
59 293

Estimated living cost  is ₽29451 per week

₽17667
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3008
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159049
₽152149
₽149950
₽126274
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
172 500
microenterprise

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

-
-
-
1 725
total
-
-
-
1 725
Employee
14 658
-
172 500
-
income
2 932
-
34 500
-
total
2 932
-
34 500
-
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%.

157 842
172 500
-
-
total
-
-
-
-
Dividends
157 842
172 500
-
-
withholding
7 892
8 625
-
-
total
7 892
8 625
-
-
Income
172 500
172 500
172 500
172 500
Total tax
10 824
8 625
34 500
1 725
After tax
161 676
163 875
138 000
170 775
Living cost
11 726
11 726
11 726
11 726
Free-cash
149 950
152 149
126 274
159 049

Estimated living cost  is ₽11726 per week

₽7935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2905
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58988
₽94008
₽86285
₽54420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
172 500
health
-
-
-
16 975
pensions
-
-
-
31 502
unemployment
-
-
-
259
income
-
-
-
40 016
total
-
-
-
88 752
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.

40 820
-
149 261
-
health
2 636
-
9 642
-
pensions
6 327
-
23 136
-
unemployment
58
-
208
-
income
7 039
-
37 095
-
total
16 060
-
70 081
-
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.

40 820
-
149 261
-
health
2 719
-
9 940
-
pensions
3 612
-
13 210
-
unemployment
25
-
89
-
total
6 356
-
23 239
-
Corporate
125 324
172 500
-
-
income
23 812
32 774
-
-
total
23 812
32 774
-
-
Dividends
101 512
139 726
-
-
withholding
15 227
20 958
-
-
total
15 227
20 958
-
-
Income
172 500
172 500
172 500
172 500
Total tax
61 455
53 732
93 320
88 752
After tax
111 045
118 768
79 180
83 748
Living cost
24 760
24 760
24 760
24 760
Free-cash
86 285
94 008
54 420
58 988

Estimated living cost  is ₽24760 per week

₽16992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77521
₽63259
₽17300
₽118099
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
social contributions
-
-
-
19 665
income
-
-
-
33 624
total
-
-
-
53 289
Employee
59 777
-
-
-
social contributions
4 902
-
699
-
income
13 186
-
-
-
total
18 088
-
699
-
Employer
59 777
-
-
-
social contributions
84 286
-
12 012
-
total
84 286
-
12 012
-
Corporate
28 437
172 500
-
-
income
6 256
37 950
-
-
total
6 256
37 950
-
-
Dividends
22 181
134 550
-
-
income
4 880
29 601
-
-
total
4 880
29 601
-
-
Income
172 500
172 500
172 500
172 500
Total tax
113 510
67 551
12 711
53 289
After tax
58 990
104 949
159 789
119 211
Living cost
41 690
41 690
41 690
41 690
Free-cash
17 300
63 259
118 099
77 521

Estimated living cost  is ₽41690 per week

₽27050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62792
₽69163
₽68235
₽49715
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
172 500
social contributions

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

-
-
-
59 944
income
-
-
-
20 809
surtax
-
-
-
-
total
-
-
-
80 753
Employee
42 456
-
139 393
-
surtax
-
-
-
-
social contributions
4 670
-
15 333
-
income
8 831
-
45 392
-
total
13 501
-
60 725
-
Employer
42 456
-
139 393
-
social contributions
10 083
-
33 105
-
total
10 083
-
33 105
-
Corporate
119 960
172 500
-
-
surtax
-
-
-
-
income
25 192
36 225
-
-
total
25 192
36 225
-
-
Dividends
94 768
136 275
-
-
withholding
26 534
38 157
-
-
total
26 534
38 157
-
-
Income
172 500
172 500
172 500
172 500
Total tax
75 310
74 382
93 830
80 753
After tax
97 190
98 118
78 670
91 747
Living cost
28 955
28 955
28 955
28 955
Free-cash
68 235
69 163
49 715
62 792

Estimated living cost  is ₽28955 per week

₽21664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52461
₽42357
₽48700
₽49085
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
7 603
other
-
-
-
5 348
pensions
-
-
-
29 816
social contributions
-
-
-
4 916
income
-
-
-
27 771
surtax
-
-
-
-
total
-
-
-
75 454
Employee
57 817
-
133 111
-
pensions
6 539
-
9 418
-
surtax
-
-
-
-
social contributions
1 647
-
3 793
-
income
5 045
-
26 238
-
total
13 231
-
39 449
-
Employer
57 817
-
133 111
-
health
4 047
-
12 507
-
pensions
9 500
-
15 824
-
other
1 995
-
5 261
-
social contributions
173
-
399
-
unemployment
2 342
-
5 390
-
total
18 057
-
39 381
-
Corporate
96 626
172 500
-
-
surtax
-
-
-
-
income
27 055
48 300
-
-
total
27 055
48 300
-
-
Dividends
69 571
124 200
-
-
social contributions
11 968
21 361
-
-
surtax
-
-
-
-
withholding
8 904
15 897
-
-
total
20 872
37 258
-
-
Income
172 500
172 500
172 500
172 500
Total tax
79 215
85 558
78 830
75 454
After tax
93 285
86 942
93 670
97 046
Living cost
44 585
44 585
44 585
44 585
Free-cash
48 700
42 357
49 085
52 461

Estimated living cost  is ₽44585 per week

₽30175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98952
₽127501
₽124400
₽103535
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
income
-
-
-
7 850
social contributions
-
-
-
37 949
total
-
-
-
45 799
Employee
29 677
-
149 350
-
social contributions
1 929
-
9 708
-
income
-
-
8 358
-
total
1 929
-
18 066
-
Employer
29 677
-
149 350
-
social contributions
4 600
-
23 150
-
total
4 600
-
23 150
-
Corporate
138 223
172 500
-
-
income
13 822
17 250
-
-
total
13 822
17 250
-
-
Dividends
124 401
155 250
-
-
total
-
-
-
-
Income
172 500
172 500
172 500
172 500
Total tax
20 351
17 250
41 216
45 799
After tax
152 149
155 250
131 284
126 701
Living cost
27 749
27 749
27 749
27 749
Free-cash
124 400
127 501
103 535
98 952

Estimated living cost  is ₽27749 per week

₽17942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56767
-₽28286
-₽28286
-₽28286
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
municipal
-
-
-
36 235
labour market
-
-
-
13 736
national
-
-
-
20 581
pensions
-
-
-
799
total
-
-
-
71 351
Employee
187 327
187 327
187 327
-
pensions
266
266
266
-
labour market
14 965
14 965
14 965
-
national
22 885
22 885
22 885
-
municipal
39 890
39 890
39 890
-
total
78 006
78 006
78 006
-
Employer
187 327
187 327
187 327
-
municipal
39 954
39 954
39 954
-
labour market
14 986
14 986
14 986
-
national
22 925
22 925
22 925
-
pensions
533
533
533
-
total
78 398
78 398
78 398
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
172 500
172 500
172 500
172 500
Total tax
156 404
156 404
156 404
71 351
After tax
16 096
16 096
16 096
101 149
Living cost
44 382
44 382
44 382
44 382
Free-cash
-28 286
-28 286
-28 286
56 767

Estimated living cost  is ₽44382 per week

₽30376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3926
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽683
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9398
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97498
-₽6426
₽10845
₽73536
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
2 052
accident
-
-
-
238
other
-
-
-
349
pensions
-
-
-
3 916
income
-
-
-
48 048
total
-
-
-
54 603
Employee
32 089
-
155 716
-
health
3 674
-
17 829
-
pensions
3 613
-
7 180
-
income
4 402
-
36 772
-
total
11 689
-
61 781
-
Employer
32 089
-
155 716
-
accident
536
-
2 601
-
pensions
5 218
-
10 368
-
unemployment
786
-
3 815
-
total
6 540
-
16 784
-
Corporate
133 872
172 500
-
-
income

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

120 484
155 250
-
-
total
120 484
155 250
-
-
Dividends
13 387
17 250
-
-
withholding
2 543
3 277
-
-
total
2 543
3 277
-
-
Income
172 500
172 500
172 500
172 500
Total tax
141 256
158 527
78 565
54 603
After tax
31 244
13 973
93 935
117 897
Living cost
20 399
20 399
20 399
20 399
Free-cash
10 845
-6 426
73 536
97 498

Estimated living cost  is ₽20399 per week

₽14848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74381
₽72037
₽74593
₽54421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
172 500
health
-
-
-
2 272
municipal
-
-
-
30 641
national
-
-
-
29 765
total
-
-
-
62 678
Employee
48 567
-
145 116
-
health
363
-
1 850
-
pensions
3 278
-
9 796
-
unemployment
729
-
2 177
-
national
802
-
17 799
-
municipal
7 955
-
23 633
-
total
13 127
-
55 255
-
Employer
48 567
-
145 116
-
health
373
-
1 118
-
accident
49
-
145
-
pensions
8 426
-
25 178
-
unemployment
315
-
942
-
total
9 163
-
27 383
-
Corporate
114 769
172 500
-
-
income
22 954
34 500
-
-
total
22 954
34 500
-
-
Dividends

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

68 862
103 500
-
-
national
4 826
11 892
-
-
municipal
12 396
18 630
-
-
total
17 222
30 522
-
-
Income
172 500
172 500
172 500
172 500
Total tax
62 466
65 022
82 638
62 678
After tax
110 034
107 478
89 862
109 822
Living cost
35 441
35 441
35 441
35 441
Free-cash
74 593
72 037
54 421
74 381

Estimated living cost  is ₽35441 per week

₽23150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3409
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96034
₽104435
₽99412
₽94544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
4 399
social contributions
-
-
-
14 936
income
-
-
-
35 758
total
-
-
-
55 093
Employee
70 983
70 983
161 565
-
health
550
1 207
2 747
-
social contributions
2 684
5 891
7 946
-
income
7 729
6 571
34 955
-
total
10 963
13 669
45 648
-
Employer
70 983
70 983
161 565
-
health
597
1 314
2 989
-
social contributions
2 684
5 891
7 946
-
total
3 281
7 205
10 935
-
Corporate
136 883
94 312
-
-
income
17 110
11 790
-
-
total
17 110
11 790
-
-
Dividends
119 774
82 522
-
-
withholding
20 361
14 028
-
-
total
20 361
14 028
-
-
Income
172 500
172 500
172 500
172 500
Total tax
51 715
46 692
56 583
55 093
After tax
120 785
125 808
115 917
117 407
Living cost
21 373
21 373
21 373
21 373
Free-cash
99 412
104 435
94 544
96 034

Estimated living cost  is ₽21373 per week

₽12809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽130973
₽128192
₽123495
₽112458
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
172 500
health
-
-
-
3 341
pensions
-
-
-
5 872
unemployment
-
-
-
26
income
-
-
-
17 632
total
-
-
-
26 871
Employee

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

21 189
-
163 478
-
health
1 801
-
7 445
-
pensions
3 178
-
13 138
-
unemployment
105
-
438
-
income
1 449
-
15 344
-
total
6 533
-
36 365
-
Employer

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

21 189
-
163 478
-
health
911
-
3 766
-
pensions
1 165
-
4 817
-
unemployment
105
-
438
-
total
2 181
-
9 021
-
Corporate
149 130
172 500
-
-
income
13 422
15 524
-
-
total
13 422
15 524
-
-
Dividends
135 708
156 976
-
-
withholding
12 213
14 128
-
-
total
12 213
14 128
-
-
Income
172 500
172 500
172 500
172 500
Total tax
34 349
29 652
45 386
26 871
After tax
138 151
142 848
127 114
145 629
Living cost
14 656
14 656
14 656
14 656
Free-cash
123 495
128 192
112 458
130 973

Estimated living cost  is ₽14656 per week

₽9351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1056
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71311
₽89477
₽85401
₽67438
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
accident
-
-
-
771
other
-
-
-
86
pensions
-
-
-
24 213
unemployment
-
-
-
599
income
-
-
-
50 135
total
-
-
-
75 804
Employee
34 133
-
145 223
-
pensions
1 605
-
4 022
-
unemployment
529
-
1 326
-
other
33
-
86
-
income
6 581
-
46 966
-
total
8 748
-
52 400
-
Employer
34 133
-
145 223
-
accident
676
-
1 694
-
pensions
8 055
-
20 193
-
other
273
-
685
-
unemployment
1 878
-
4 705
-
total
10 882
-
27 277
-
Corporate
127 485
172 500
-
-
income

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

19 123
25 876
-
-
total
19 123
25 876
-
-
Dividends
108 362
146 624
-
-
withholding
22 961
31 762
-
-
total
22 961
31 762
-
-
Income
172 500
172 500
172 500
172 500
Total tax
61 714
57 638
79 677
75 804
After tax
110 786
114 862
92 823
96 696
Living cost
25 385
25 385
25 385
25 385
Free-cash
85 401
89 477
67 438
71 311

Estimated living cost  is ₽25385 per week

₽17134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109442
₽105950
₽105671
₽109322
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
894
pensions
-
-
-
1 233
income
-
-
-
59 241
total
-
-
-
61 368
Employee
2 575
-
171 113
-
health
129
-
308
-
pensions
232
-
555
-
unemployment
26
-
62
-
income
498
-
59 176
-
total
885
-
60 101
-
Employer
2 575
-
171 113
-
health
245
-
586
-
pensions
283
-
678
-
unemployment
52
-
123
-
total
580
-
1 387
-
Corporate
169 346
172 500
-
-
income
37 256
37 950
-
-
total
37 256
37 950
-
-
Dividends
132 090
134 550
-
-
withholding
26 418
26 910
-
-
total
26 418
26 910
-
-
Income
172 500
172 500
172 500
172 500
Total tax
65 139
64 860
61 488
61 368
After tax
107 361
107 640
111 012
111 132
Living cost
1 690
1 690
1 690
1 690
Free-cash
105 671
105 950
109 322
109 442

Estimated living cost  is ₽1690 per week

₽1005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽39
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91537
₽108691
₽104157
₽91537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
172 500
health
-
-
-
7 016
pensions
-
-
-
17 710
unemployment
-
-
-
1 022
income
-
-
-
39 275
total
-
-
-
65 023
Employee

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

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

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

24 036
-
160 307
-
health
1 238
-
3 508
-
pensions
3 365
-
9 536
-
unemployment
180
-
511
-
income
3 313
-
39 275
-
total
8 096
-
52 830
-
Employer

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

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

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

24 036
-
160 307
-
health
1 238
-
3 508
-
pensions
2 884
-
8 174
-
unemployment
180
-
511
-
total
4 302
-
12 193
-
Corporate
144 162
172 500
-
-
income
21 624
25 875
-
-
total
21 624
25 875
-
-
Dividends
122 538
146 625
-
-
withholding
18 381
21 994
-
-
total
18 381
21 994
-
-
Income
172 500
172 500
172 500
172 500
Total tax
52 403
47 869
65 023
65 023
After tax
120 097
124 631
107 477
107 477
Living cost
15 940
15 940
15 940
15 940
Free-cash
104 157
108 691
91 537
91 537

Estimated living cost  is ₽15940 per week

₽10732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1233
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.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽66860
₽73231
₽72899
₽53783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
172 500
social contributions

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

-
-
-
59 944
income
-
-
-
20 809
surtax
-
-
-
-
total
-
-
-
80 753
Employee
35 828
-
139 393
-
surtax
-
-
-
-
social contributions
3 942
-
15 333
-
income
7 001
-
45 392
-
total
10 943
-
60 725
-
Employer
35 828
-
139 393
-
social contributions
8 508
-
33 105
-
total
8 508
-
33 105
-
Corporate
128 163
172 500
-
-
surtax
-
-
-
-
income
26 914
36 225
-
-
total
26 914
36 225
-
-
Dividends
101 249
136 275
-
-
withholding
28 349
38 157
-
-
total
28 349
38 157
-
-
Income
172 500
172 500
172 500
172 500
Total tax
74 714
74 382
93 830
80 753
After tax
97 786
98 118
78 670
91 747
Living cost
24 887
24 887
24 887
24 887
Free-cash
72 899
73 231
53 783
66 860

Estimated living cost  is ₽24887 per week

₽17627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64254
₽82420
₽76382
₽60381
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
accident
-
-
-
771
other
-
-
-
86
pensions
-
-
-
24 213
unemployment
-
-
-
599
income
-
-
-
50 135
total
-
-
-
75 804
Employee
44 582
-
145 223
-
pensions
2 095
-
4 022
-
unemployment
690
-
1 326
-
other
44
-
86
-
income
9 312
-
46 966
-
total
12 141
-
52 400
-
Employer
44 582
-
145 223
-
accident
883
-
1 694
-
pensions
10 521
-
20 193
-
other
357
-
685
-
unemployment
2 453
-
4 705
-
total
14 214
-
27 277
-
Corporate
113 704
172 500
-
-
income

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

17 055
25 876
-
-
total
17 055
25 876
-
-
Dividends
96 648
146 624
-
-
withholding
20 266
31 762
-
-
total
20 266
31 762
-
-
Income
172 500
172 500
172 500
172 500
Total tax
63 676
57 638
79 677
75 804
After tax
108 824
114 862
92 823
96 696
Living cost
32 442
32 442
32 442
32 442
Free-cash
76 382
82 420
60 381
64 254

Estimated living cost  is ₽32442 per week

₽23299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122025
₽131536
₽125888
₽128890
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
3 725
pensions

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

-
-
-
4 794
unemployment
-
-
-
130
income
-
-
-
25 875
total
-
-
-
34 524
Employee
21 121
-
166 145
-
health
972
-
1 490
-
accident

We are using the highest rate at 1.1%.

232
-
356
-
pensions

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

1 854
-
2 844
-
income
2 112
-
16 615
-
total
5 170
-
21 305
-
Employer
21 121
-
166 145
-
health
1 457
-
2 235
-
accident

We are using the highest rate at 1.1%.

232
-
356
-
pensions

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

2 327
-
3 569
-
unemployment
127
-
194
-
total
4 143
-
6 354
-
Corporate
147 235
172 500
-
-
income
14 723
17 250
-
-
total
14 723
17 250
-
-
Dividends
132 511
155 250
-
-
withholding
6 625
7 763
-
-
total
6 625
7 763
-
-
Income
172 500
172 500
172 500
172 500
Total tax
30 661
25 013
27 659
34 524
After tax
141 839
147 487
144 841
137 976
Living cost
15 951
15 951
15 951
15 951
Free-cash
125 888
131 536
128 890
122 025

Estimated living cost  is ₽15951 per week

₽10550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽913
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54547
₽53122
₽65197
₽73142
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
172 500
health

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

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

-
-
-
6 306
trade
-
-
-
18 595
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.

-
-
-
2 994
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.

-
-
-
54 419
total
-
-
-
82 314
Employee

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

45 931
-
172 500
-
health

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

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

6 306
-
6 306
-
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.

208
-
2 994
-
income

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

3 777
-
54 419
-
total
10 291
-
63 719
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
126 569
172 500
-
-
trade
18 163
24 755
-
-
chamber of commerce
326
392
-
-
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.

1 044
1 422
-
-
income
18 986
25 876
-
-
total
38 519
52 445
-
-
Dividends
88 051
120 055
-
-
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.

1 191
1 631
-
-
withholding
21 663
29 663
-
-
total
22 854
31 294
-
-
Income
172 500
172 500
172 500
172 500
Total tax
71 664
83 739
63 719
82 314
After tax
100 836
88 761
108 781
90 186
Living cost
35 639
35 639
35 639
35 639
Free-cash
65 197
53 122
73 142
54 547

Estimated living cost  is ₽35639 per week

₽24585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3835
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.
₽6702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37164
₽68165
₽70204
₽37164
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
income
-
-
-
53 741
social contributions
-
-
-
29 010
total
-
-
-
82 751
Employee
72 208
-
172 500
-
social contributions
5 999
-
29 010
-
income
13 625
-
53 741
-
total
19 624
-
82 751
-
Employer
72 208
-
172 500
-
total
-
-
-
-
Corporate
100 292
172 500
-
-
income
12 536
21 563
-
-
total
12 536
21 563
-
-
Dividends
87 756
150 937
-
-
withholding
17 551
30 187
-
-
total
17 551
30 187
-
-
Income
172 500
172 500
172 500
172 500
Total tax
49 711
51 750
82 751
82 751
After tax
122 789
120 750
89 749
89 749
Living cost
52 585
52 585
52 585
52 585
Free-cash
70 204
68 165
37 164
37 164

Estimated living cost  is ₽52585 per week

₽40006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107138
₽73739
₽76965
₽88538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
172 500
income
-
-
-
26 277
health

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

-
-
-
5 576
total
-
-
-
31 853
Employee
42 347
-
168 254
-
social contributions
4 243
-
4 246
-
income
4 595
-
41 961
-
total
8 838
-
46 207
-
Employer
42 347
-
168 254
-
social contributions
4 243
-
4 246
-
total
4 243
-
4 246
-
Corporate
125 910
172 500
-
-
income
44 068
60 375
-
-
total
44 068
60 375
-
-
Dividends
81 842
112 125
-
-
social contributions
4 877
4 877
-
-
total
4 877
4 877
-
-
Income
172 500
172 500
172 500
172 500
Total tax
62 026
65 252
50 453
31 853
After tax
110 474
107 248
122 047
140 647
Living cost
33 509
33 509
33 509
33 509
Free-cash
76 965
73 739
88 538
107 138

Estimated living cost  is ₽33509 per week

₽22073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2642
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.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽79730
₽77844
₽83216
₽64187
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
pensions
-
-
-
8 417
income
-
-
-
50 643
total
-
-
-
59 060
Employee
46 272
-
150 572
-
health
604
-
2 135
-
pensions
3 532
-
10 262
-
income
8 426
-
40 279
-
total
12 562
-
52 676
-
Employer
46 272
-
150 572
-
health
879
-
2 860
-
pensions
4 675
-
19 067
-
total
5 554
-
21 927
-
Corporate
120 674
172 500
-
-
income

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

22 929
32 774
-
-
total
22 929
32 774
-
-
Dividends
97 745
139 726
-
-
withholding
14 529
28 172
-
-
total
14 529
28 172
-
-
Income
172 500
172 500
172 500
172 500
Total tax
55 574
60 946
74 603
59 060
After tax
116 926
111 554
97 897
113 440
Living cost
33 710
33 710
33 710
33 710
Free-cash
83 216
77 844
64 187
79 730

Estimated living cost  is ₽33710 per week

₽23125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3100
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7061
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽95479
-₽8445
₽10533
₽71517
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
2 052
accident
-
-
-
238
other
-
-
-
349
pensions
-
-
-
3 916
income
-
-
-
48 048
total
-
-
-
54 603
Employee
35 265
-
155 716
-
health
4 038
-
17 829
-
pensions
3 971
-
7 180
-
income
4 838
-
36 772
-
total
12 847
-
61 781
-
Employer
35 265
-
155 716
-
accident
589
-
2 601
-
pensions
5 734
-
10 368
-
unemployment
864
-
3 815
-
total
7 187
-
16 784
-
Corporate
130 049
172 500
-
-
income

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

117 044
155 250
-
-
total
117 044
155 250
-
-
Dividends
13 005
17 250
-
-
withholding
2 471
3 277
-
-
total
2 471
3 277
-
-
Income
172 500
172 500
172 500
172 500
Total tax
139 549
158 527
78 565
54 603
After tax
32 951
13 973
93 935
117 897
Living cost
22 418
22 418
22 418
22 418
Free-cash
10 533
-8 445
71 517
95 479

Estimated living cost  is ₽22418 per week

₽16452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1306
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4208
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90917
₽119512
₽128395
₽111186
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
172 500
health insurance
-
-
-
10 908
work injury
-
-
-
737
pensions
-
-
-
27 124
unemployment
-
-
-
1 769
income
-
-
-
28 594
total
-
-
-
69 132
Employee

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

19 921
-
172 500
-
pensions
3 665
-
13 562
-
work injury
100
-
369
-
unemployment
239
-
884
-
health insurance
1 474
-
5 454
-
income
1 992
-
28 594
-
total
7 470
-
48 863
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
152 579
172 500
-
-
income

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

1 526
17 250
-
-
total
1 526
17 250
-
-
Dividends
151 053
155 250
-
-
withholding
22 658
23 287
-
-
total
22 658
23 287
-
-
Income
172 500
172 500
172 500
172 500
Total tax
31 654
40 537
48 863
69 132
After tax
140 846
131 963
123 637
103 368
Living cost
12 451
12 451
12 451
12 451
Free-cash
128 395
119 512
111 186
90 917

Estimated living cost  is ₽12451 per week

₽7713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43045
₽54086
₽49888
₽35475
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
regional
-
-
-
3 962
municipal
-
-
-
1 153
social contributions
-
-
-
44 368
national
-
-
-
43 197
total
-
-
-
92 680
Employee
77 788
-
172 500
-
regional
1 174
-
3 517
-
national
13 145
-
37 539
-
social contributions
26 230
-
58 166
-
municipal
464
-
1 028
-
total
41 013
-
100 250
-
Employer
77 788
-
172 500
-
total
-
-
-
-
Corporate
94 712
172 500
-
-
nationa
22 731
41 400
-
-
municipal
4 565
8 314
-
-
total
27 296
49 714
-
-
Dividends
67 416
122 786
-
-
withholding
17 528
31 925
-
-
total
17 528
31 925
-
-
Income
172 500
172 500
172 500
172 500
Total tax
85 837
81 639
100 250
92 680
After tax
86 663
90 861
72 250
79 820
Living cost
36 775
36 775
36 775
36 775
Free-cash
49 888
54 086
35 475
43 045

Estimated living cost  is ₽36775 per week

₽25832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2530
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.
₽7857
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close