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
₽56546
₽79456
₽59652
₽67673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
52 805
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.

-
-
-
2 905
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.

-
-
-
6 871
trade
-
-
-
19 804
total
-
-
-
82 385
Employee

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

38 468
-
172 500
-
surtax

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

59
-
2 905
-
income

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

1 075
-
52 805
-
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.

6 871
-
6 871
-
total
8 005
-
62 581
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
134 032
172 500
-
-
income
20 105
25 875
-
-
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.

1 105
1 424
-
-
chamber of commerce
345
401
-
-
trade
21 111
27 169
-
-
total
42 666
54 869
-
-
Dividends
91 365
117 632
-
-
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.

1 235
1 596
-
-
withholding
22 458
29 026
-
-
total
23 693
30 622
-
-
Income
172 500
172 500
172 500
172 500
Total tax
74 364
85 491
62 581
82 385
After tax
98 136
87 009
109 919
90 115
Living cost
30 463
30 463
30 463
30 463
Free-cash
67 673
56 546
79 456
59 652

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54229
₽49945
₽48591
₽53340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 854
municipal
-
-
-
18 805
national
-
-
-
29 139
pensions
-
-
-
20 700
total
-
-
-
70 498
Employee
82 797
-
149 125
-
municipal
10 227
-
19 472
-
pensions
3 312
-
5 965
-
national
15 847
-
30 174
-
total
29 386
-
55 611
-
Employer
82 797
-
149 125
-
pensions
6 624
-
11 930
-
social contributions
890
-
1 603
-
total
7 514
-
13 533
-
Corporate
76 725
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%.

15 345
34 500
-
-
total
15 345
34 500
-
-
Dividends
61 380
138 000
-
-
withholding
13 504
30 360
-
-
total
13 504
30 360
-
-
Income
172 500
172 500
172 500
172 500
Total tax
65 749
64 860
69 144
70 498
After tax
106 751
107 640
103 356
102 002
Living cost
53 411
53 411
53 411
53 411
Free-cash
53 340
54 229
49 945
48 591

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117076
₽50941
₽38202
₽108826
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
30 852
surtax
-
-
-
43 987
social contributions

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

-
-
-
38 535
microenterprise
-
-
-
-
total
-
-
-
113 374
Employee
29 388
-
129 392
-
surtax
-
-
18 761
-
social contributions

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

3 233
-
13 185
-
income
5 231
-
25 582
-
total
8 464
-
57 528
-
Employer
29 388
-
129 392
-
social contributions

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

7 079
-
28 875
-
surtax
-
-
14 232
-
total
7 079
-
43 107
-
Corporate
136 033
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%.

27 207
34 500
-
-
total
27 207
34 500
-
-
Dividends

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

108 826
138 000
-
-
total
-
-
-
-
Income
172 500
172 500
172 500
172 500
Total tax
42 750
34 500
100 635
113 374
After tax
129 750
138 000
71 865
59 126
Living cost
20 924
20 924
20 924
20 924
Free-cash
108 826
117 076
50 941
38 202

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43203
₽65136
₽53425
₽37039
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 757
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
76 943
Employee
85 887
85 887
153 809
-
pensions
15 460
11 784
11 784
-
income

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

14 058
14 058
22 355
-
health
13 183
11 213
12 402
-
total
42 701
37 055
46 541
-
Employer
85 887
85 887
153 809
-
health
5 970
5 970
7 419
-
pensions
5 978
5 978
7 430
-
unemployment
3 092
3 092
3 842
-
total
15 040
15 040
18 691
-
Corporate
72 627
71 573
-
-
income
14 526
14 314
-
-
total
14 526
14 314
-
-
Dividends
58 101
57 259
-
-
income
12 347
12 167
-
-
withholding
8 715
8 589
-
-
total
21 062
20 756
-
-
Income
172 500
172 500
172 500
172 500
Total tax
93 329
87 165
65 232
76 943
After tax
79 171
85 335
107 268
95 557
Living cost
42 132
42 132
42 132
42 132
Free-cash
37 039
43 203
65 136
53 425

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52979
₽46953
₽47953
₽52054
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
181
other
-
-
-
10 494
unemployment
-
-
-
90
health
-
-
-
5 635
municipal
-
-
-
43 638
national
-
-
-
13 541
pensions
-
-
-
9 762
total
-
-
-
83 341
Employee
58 715
-
144 125
-
municipal
17 509
-
42 978
-
national
-
-
12 988
-
total
17 509
-
55 966
-
Employer
58 715
-
144 125
-
health
3 611
-
5 554
-
pensions
6 347
-
9 762
-
accident
117
-
181
-
unemployment
1 550
-
2 384
-
other
6 823
-
10 494
-
total
18 448
-
28 375
-
Corporate
95 337
172 500
-
-
income
20 974
37 950
-
-
total
20 974
37 950
-
-
Dividends
74 363
134 550
-
-
withholding
22 309
40 365
-
-
total
22 309
40 365
-
-
Income
172 500
172 500
172 500
172 500
Total tax
79 240
78 315
84 341
83 341
After tax
93 260
94 185
88 159
89 159
Living cost
41 206
41 206
41 206
41 206
Free-cash
52 054
52 979
46 953
47 953

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46611
₽70409
₽49726
₽60745
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
52 805
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.

-
-
-
2 905
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.

-
-
-
6 871
trade
-
-
-
20 683
total
-
-
-
83 264
Employee

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

51 004
-
172 500
-
surtax

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

240
-
2 905
-
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.

4 382
-
52 805
-
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.

6 871
-
6 871
-
total
11 493
-
62 581
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
121 496
172 500
-
-
income
18 225
25 875
-
-
surtax

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

1 002
1 424
-
-
chamber of commerce
326
399
-
-
trade
19 987
28 377
-
-
total
39 540
56 075
-
-
Dividends
81 956
116 425
-
-
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.

1 105
1 580
-
-
withholding
20 107
28 724
-
-
total
21 212
30 304
-
-
Income
172 500
172 500
172 500
172 500
Total tax
72 245
86 379
62 581
83 264
After tax
100 255
86 121
109 919
89 236
Living cost
39 510
39 510
39 510
39 510
Free-cash
60 745
46 611
70 409
49 726

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93235
₽83987
₽85516
₽89063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 691
social contributions
-
-
-
16 273
health
-
-
-
4 399
total
-
-
-
54 363
Employee
77 337
77 337
160 867
-
social contributions
3 758
6 419
8 657
-
income
8 121
7 159
32 868
-
health
769
1 315
2 735
-
total
12 648
14 893
44 260
-
Employer
77 337
77 337
160 867
-
health
838
1 431
2 975
-
social contributions
3 758
6 419
8 657
-
total
4 596
7 850
11 632
-
Corporate
122 634
87 313
-
-
income
15 330
10 913
-
-
total
15 330
10 913
-
-
Dividends
107 305
76 399
-
-
withholding
18 242
12 988
-
-
total
18 242
12 988
-
-
Income
172 500
172 500
172 500
172 500
Total tax
50 816
46 644
55 892
54 363
After tax
121 684
125 856
116 608
118 137
Living cost
32 621
32 621
32 621
32 621
Free-cash
89 063
93 235
83 987
85 516

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78459
₽81544
₽101045
₽78843
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 088
unemployment
-
-
-
2 587
health
-
-
-
12 075
pensions
-
-
-
17 250
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.

26 641
10 603
144 351
-
unemployment
400
159
2 165
-
pensions
2 664
1 060
14 435
-
income
3 257
1 296
17 647
-
health
1 865
742
10 105
-
total
8 186
3 257
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.

26 641
10 603
144 351
-
pensions
5 195
2 068
28 149
-
total
5 195
2 068
28 149
-
Corporate
140 664
159 830
-
-
income
12 660
14 385
-
-
total
12 660
14 385
-
-
Dividends
128 005
145 445
-
-
social contributions
24 840
28 241
-
-
withholding
24 321
27 635
-
-
total
49 161
55 876
-
-
Income
172 500
172 500
172 500
172 500
Total tax
75 202
75 586
72 501
53 000
After tax
97 298
96 914
99 999
119 500
Living cost
18 455
18 455
18 455
18 455
Free-cash
78 843
78 459
81 544
101 045

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113708
₽75133
₽68169
₽107460
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 115
health
-
-
-
22 424
pensions
-
-
-
34 500
total
-
-
-
80 039
Employee
28 531
-
128 925
-
unemployment
456
-
2 063
-
pensions
571
-
2 579
-
income
3 212
-
24 858
-
total
4 239
-
29 500
-
Employer
28 531
-
128 925
-
health
3 708
-
16 759
-
pensions
5 707
-
25 785
-
unemployment
229
-
1 031
-
total
9 644
-
43 575
-
Corporate
134 324
172 500
-
-
income
26 865
34 500
-
-
total
26 865
34 500
-
-
Dividends
107 459
138 000
-
-
total
-
-
-
-
Income
172 500
172 500
172 500
172 500
Total tax
40 748
34 500
73 075
80 039
After tax
131 752
138 000
99 425
92 461
Living cost
24 292
24 292
24 292
24 292
Free-cash
107 460
113 708
75 133
68 169

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8428
₽71058
₽95547
₽10536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
257
income
-
-
-
47 462
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
54 553
Employee
35 237
-
154 901
-
pensions
3 968
-
7 768
-
income
4 834
-
35 938
-
health
4 035
-
17 736
-
total
12 837
-
61 442
-
Employer
35 237
-
154 901
-
pensions
5 730
-
11 218
-
accident
588
-
2 587
-
unemployment
863
-
3 795
-
total
7 181
-
17 600
-
Corporate
130 082
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.

117 074
155 250
-
-
total
117 074
155 250
-
-
Dividends
13 008
17 250
-
-
withholding
2 472
3 278
-
-
total
2 472
3 278
-
-
Income
172 500
172 500
172 500
172 500
Total tax
139 564
158 528
79 042
54 553
After tax
32 936
13 972
93 458
117 947
Living cost
22 400
22 400
22 400
22 400
Free-cash
10 536
-8 428
71 058
95 547

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155735
₽129860
₽162635
₽154209
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 174
-
172 500
-
income
2 035
-
34 500
-
total
2 035
-
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%.

162 326
172 500
-
-
total
-
-
-
-
Dividends
162 326
172 500
-
-
withholding
8 116
8 625
-
-
total
8 116
8 625
-
-
Income
172 500
172 500
172 500
172 500
Total tax
10 151
8 625
34 500
1 725
After tax
162 349
163 875
138 000
170 775
Living cost
8 140
8 140
8 140
8 140
Free-cash
154 209
155 735
129 860
162 635

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99937
₽71075
₽68807
₽93143
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 194
other
-
-
-
7 264
health
-
-
-
6 730
pensions

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

-
-
-
36 706
total
-
-
-
76 894
Employee
36 518
-
137 779
-
unemployment
365
-
1 378
-
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.

2 556
-
9 646
-
income
6 287
-
26 951
-
health
512
-
1 930
-
total
9 720
-
39 905
-
Employer
36 518
-
137 779
-
health
512
-
1 930
-
pensions

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

6 209
-
23 422
-
accident
292
-
1 103
-
unemployment
365
-
1 378
-
other
1 827
-
6 888
-
total
9 205
-
34 721
-
Corporate
126 779
172 500
-
-
income
26 623
36 225
-
-
total
26 623
36 225
-
-
Dividends
100 156
136 275
-
-
withholding
7 010
9 539
-
-
total
7 010
9 539
-
-
Income
172 500
172 500
172 500
172 500
Total tax
52 558
45 764
74 626
76 894
After tax
119 942
126 736
97 874
95 606
Living cost
26 799
26 799
26 799
26 799
Free-cash
93 143
99 937
71 075
68 807

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46444
₽32167
₽47800
₽48655
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 919
pensions
-
-
-
8 922
total
-
-
-
57 841
Employee
94 595
-
150 721
-
pensions
9 126
-
11 000
-
income
17 052
-
38 496
-
health
1 559
-
2 200
-
total
27 737
-
51 696
-
Employer
94 595
-
150 721
-
health
1 797
-
2 864
-
pensions
11 169
-
18 914
-
total
12 966
-
21 778
-
Corporate
64 939
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.

12 338
32 776
-
-
total
12 338
32 776
-
-
Dividends
52 601
139 724
-
-
withholding
3 945
26 421
-
-
total
3 945
26 421
-
-
Income
172 500
172 500
172 500
172 500
Total tax
56 986
59 197
73 474
57 841
After tax
115 514
113 303
99 026
114 659
Living cost
66 859
66 859
66 859
66 859
Free-cash
48 655
46 444
32 167
47 800

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽134282
₽130739
₽124027
₽129603
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 875
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
35 268
Employee
17 485
-
165 598
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
16 560
-
health
804
-
1 618
-
total
4 280
-
21 654
-
Employer
17 485
-
165 598
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
151 584
172 500
-
-
income
15 158
17 250
-
-
total
15 158
17 250
-
-
Dividends
136 426
155 250
-
-
withholding
6 822
7 763
-
-
total
6 822
7 763
-
-
Income
172 500
172 500
172 500
172 500
Total tax
29 692
25 013
28 556
35 268
After tax
142 808
147 487
143 944
137 232
Living cost
13 205
13 205
13 205
13 205
Free-cash
129 603
134 282
130 739
124 027

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
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.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29565
₽51498
₽39787
₽32094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 757
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
76 943
Employee
93 245
85 887
153 809
-
pensions
11 784
11 784
11 784
-
income

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

14 058
14 058
22 355
-
health
11 633
11 213
12 402
-
total
37 475
37 055
46 541
-
Employer
93 245
85 887
153 809
-
health
6 480
5 970
7 419
-
pensions
6 489
5 978
7 430
-
unemployment
3 357
3 092
3 842
-
total
16 326
15 040
18 691
-
Corporate
62 928
71 573
-
-
income
12 585
14 314
-
-
total
12 585
14 314
-
-
Dividends
50 343
57 259
-
-
income
10 698
12 167
-
-
withholding
7 552
8 589
-
-
total
18 250
20 756
-
-
Income
172 500
172 500
172 500
172 500
Total tax
84 636
87 165
65 232
76 943
After tax
87 864
85 335
107 268
95 557
Living cost
55 770
55 770
55 770
55 770
Free-cash
32 094
29 565
51 498
39 787

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽93773
₽63790
₽71268
₽84856
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 987
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
-
health
-
-
-
23 288
total
-
-
-
76 239
Employee
36 754
-
130 008
-
solidarity contribution
-
-
-
-
social contributions
2 389
-
8 006
-
income
4 411
-
15 668
-
health
4 962
-
17 551
-
total
11 762
-
41 225
-
Employer
36 754
-
130 008
-
health
3 308
-
11 701
-
social contributions
9 189
-
30 791
-
total
12 497
-
42 492
-
Corporate
123 249
172 500
-
-
income
23 417
32 775
-
-
total
23 417
32 775
-
-
Dividends
99 832
139 725
-
-
withholding
14 975
20 959
-
-
total
14 975
20 959
-
-
Income
172 500
172 500
172 500
172 500
Total tax
62 651
53 734
83 717
76 239
After tax
109 849
118 766
88 783
96 261
Living cost
24 993
24 993
24 993
24 993
Free-cash
84 856
93 773
63 790
71 268

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49597
₽32484
₽40277
₽44346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 367
regional
-
-
-
2 031
municipal
-
-
-
1 025
national
-
-
-
42 361
total
-
-
-
89 784
Employee
89 385
-
172 500
-
municipal
473
-
914
-
national
15 488
-
36 704
-
regional
843
-
1 793
-
social contributions
30 141
-
58 166
-
total
46 945
-
97 577
-
Employer
89 385
-
172 500
-
total
-
-
-
-
Corporate
83 115
172 500
-
-
municipal
3 241
6 728
-
-
nationa
19 949
41 399
-
-
total
23 190
48 127
-
-
Dividends
59 926
124 373
-
-
withholding
15 580
32 337
-
-
total
15 580
32 337
-
-
Income
172 500
172 500
172 500
172 500
Total tax
85 715
80 464
97 577
89 784
After tax
86 785
92 036
74 923
82 716
Living cost
42 439
42 439
42 439
42 439
Free-cash
44 346
49 597
32 484
40 277

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86310
₽53325
₽59498
₽83179
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 030
other
-
-
-
-
surtax
-
-
-
7 174
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
90 809
Employee
33 259
-
144 245
-
other
-
-
-
-
unemployment
2 315
-
9 343
-
pensions
2 218
-
8 953
-
surtax
109
-
5 995
-
income
5 575
-
41 014
-
health
849
-
3 422
-
total
11 066
-
68 727
-
Employer
33 259
-
144 245
-
health
1 514
-
6 108
-
pensions
4 434
-
17 893
-
unemployment
1 054
-
4 254
-
other
-
-
-
-
total
7 002
-
28 255
-
Corporate
132 240
172 500
-
-
income
34 381
44 850
-
-
total
34 381
44 850
-
-
Dividends
97 858
127 650
-
-
withholding
14 679
19 147
-
-
total
14 679
19 147
-
-
Income
172 500
172 500
172 500
172 500
Total tax
67 128
63 997
96 982
90 809
After tax
105 372
108 503
75 518
81 691
Living cost
22 193
22 193
22 193
22 193
Free-cash
83 179
86 310
53 325
59 498

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67627
₽53350
₽68983
₽74232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 919
pensions
-
-
-
8 922
total
-
-
-
57 841
Employee
63 395
-
150 721
-
pensions
5 381
-
11 000
-
income
11 418
-
38 496
-
health
920
-
2 200
-
total
17 719
-
51 696
-
Employer
63 395
-
150 721
-
health
1 204
-
2 864
-
pensions
6 863
-
18 914
-
total
8 067
-
21 778
-
Corporate
101 038
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.

19 196
32 776
-
-
total
19 196
32 776
-
-
Dividends
81 842
139 724
-
-
withholding
7 610
26 421
-
-
total
7 610
26 421
-
-
Income
172 500
172 500
172 500
172 500
Total tax
52 592
59 197
73 474
57 841
After tax
119 908
113 303
99 026
114 659
Living cost
45 676
45 676
45 676
45 676
Free-cash
74 232
67 627
53 350
68 983

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽867
₽52291
₽60515
₽33255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 449
regional
-
-
-
8 213
health
-
-
-
389
city
-
-
-
1 819
national
-
-
-
2 501
pensions
-
-
-
15 869
total
-
-
-
32 240
Employee
93 322
-
154 396
-
unemployment
-
-
-
-
pensions
7 840
-
12 969
-
national
442
-
1 975
-
regional
3 056
-
7 107
-
city
1 002
-
1 659
-
health
211
-
348
-
total
12 551
-
24 058
-
Employer
93 322
-
154 396
-
health
211
-
348
-
pensions
7 840
-
12 969
-
unemployment
-
-
-
-
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.

1 866
-
3 089
-
total
9 917
-
16 406
-
Corporate
68 235
172 500
-
-
regional
14 431
36 484
-
-
national
5 800
14 663
-
-
total
20 231
51 147
-
-
Dividends
48 003
121 354
-
-
withholding
16 801
42 475
-
-
total
16 801
42 475
-
-
Income
172 500
172 500
172 500
172 500
Total tax
59 500
93 622
40 464
32 240
After tax
113 000
78 878
132 036
140 260
Living cost
79 745
79 745
79 745
79 745
Free-cash
33 255
-867
52 291
60 515

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽39163
₽63845
₽42280
₽55469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
52 805
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.

-
-
-
2 905
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.

-
-
-
6 871
trade
-
-
-
21 565
total
-
-
-
84 146
Employee

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

60 444
-
172 500
-
surtax

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

391
-
2 905
-
income

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

7 108
-
52 805
-
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.

6 871
-
6 871
-
total
14 370
-
62 581
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
112 056
172 500
-
-
income
16 809
25 875
-
-
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.

924
1 424
-
-
chamber of commerce
311
395
-
-
trade
19 218
29 583
-
-
total
37 262
57 277
-
-
Dividends
74 795
115 223
-
-
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.

1 008
1 563
-
-
withholding
18 317
28 423
-
-
total
19 325
29 986
-
-
Income
172 500
172 500
172 500
172 500
Total tax
70 957
87 263
62 581
84 146
After tax
101 543
85 237
109 919
88 354
Living cost
46 074
46 074
46 074
46 074
Free-cash
55 469
39 163
63 845
42 280

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52529
₽60891
₽62874
₽58471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 603
other
-
-
-
5 348
surtax
-
-
-
-
social contributions
-
-
-
4 915
health
-
-
-
7 148
pensions
-
-
-
31 202
total
-
-
-
75 216
Employee
43 044
-
133 927
-
pensions
4 867
-
9 136
-
surtax
-
-
-
-
social contributions
1 227
-
3 817
-
income
2 540
-
25 672
-
total
8 634
-
38 625
-
Employer
43 044
-
133 927
-
health
3 014
-
12 184
-
pensions
7 071
-
15 413
-
unemployment
1 743
-
5 424
-
social contributions
130
-
403
-
other
1 485
-
5 150
-
total
13 443
-
38 574
-
Corporate
116 013
172 500
-
-
income
32 484
48 301
-
-
surtax
-
-
-
-
total
32 484
48 301
-
-
Dividends
83 529
124 199
-
-
surtax
-
-
-
-
social contributions
14 366
21 363
-
-
withholding
10 692
15 897
-
-
total
25 058
37 260
-
-
Income
172 500
172 500
172 500
172 500
Total tax
79 619
85 561
77 199
75 216
After tax
92 881
86 939
95 301
97 284
Living cost
34 410
34 410
34 410
34 410
Free-cash
58 471
52 529
60 891
62 874

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55938
₽64300
₽66283
₽61526
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 603
other
-
-
-
5 348
surtax
-
-
-
-
social contributions
-
-
-
4 915
health
-
-
-
7 148
pensions
-
-
-
31 202
total
-
-
-
75 216
Employee
38 423
-
133 927
-
pensions
4 346
-
9 136
-
surtax
-
-
-
-
social contributions
1 096
-
3 817
-
income
1 981
-
25 672
-
total
7 423
-
38 625
-
Employer
38 423
-
133 927
-
health
2 689
-
12 184
-
pensions
6 314
-
15 413
-
unemployment
1 556
-
5 424
-
social contributions
115
-
403
-
other
1 326
-
5 150
-
total
12 000
-
38 574
-
Corporate
122 077
172 500
-
-
income
34 181
48 301
-
-
surtax
-
-
-
-
total
34 181
48 301
-
-
Dividends
87 896
124 199
-
-
surtax
-
-
-
-
social contributions
15 118
21 363
-
-
withholding
11 251
15 897
-
-
total
26 369
37 260
-
-
Income
172 500
172 500
172 500
172 500
Total tax
79 973
85 561
77 199
75 216
After tax
92 527
86 939
95 301
97 284
Living cost
31 001
31 001
31 001
31 001
Free-cash
61 526
55 938
64 300
66 283

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83914
₽86031
₽89451
₽84435
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 875
social contributions
-
-
-
23 806
health
-
-
-
12 041
total
-
-
-
61 722
Employee
34 101
-
172 500
-
social contributions
4 707
-
23 806
-
income
5 688
-
29 295
-
health
2 380
-
12 041
-
total
12 775
-
65 142
-
Employer
34 101
-
172 500
-
total
-
-
-
-
Corporate
138 399
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%.

6 921
8 625
-
-
total
6 921
8 625
-
-
Dividends
131 479
163 875
-
-
social contributions
18 143
22 615
-
-
withholding
19 722
24 581
-
-
health
9 177
11 438
-
-
total
47 042
58 634
-
-
Income
172 500
172 500
172 500
172 500
Total tax
66 738
67 259
65 142
61 722
After tax
105 762
105 241
107 358
110 778
Living cost
21 327
21 327
21 327
21 327
Free-cash
84 435
83 914
86 031
89 451

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
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.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60052
₽10352
₽53082
₽58494
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 196
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
691
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
83 979
Employee
50 263
40 080
137 059
-
other
502
401
1 176
-
unemployment
1 508
1 202
3 525
-
pensions
5 147
4 103
12 032
-
income
5 722
2 956
36 679
-
health
1 945
1 552
4 546
-
total
14 824
10 214
57 958
-
Employer
50 263
40 080
137 059
-
chamber of commerce
200
160
548
-
health
1 899
1 515
4 441
-
pensions
6 308
5 031
14 746
-
accident
653
521
1 527
-
unemployment
1 508
1 202
3 525
-
surtax
198
198
198
-
payroll
1 508
1 202
4 111
-
other
2 388
1 903
6 344
-
total
14 662
11 732
35 440
-
Corporate
107 575
120 685
133 242
-
income

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

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

26 894
30 171
33 311
-
total
26 894
30 171
33 311
-
Dividends
80 681
90 514
-
-
withholding
22 187
24 892
-
-
total
22 187
24 892
-
-
Income
172 500
172 500
172 500
172 500
Total tax
78 567
77 009
126 709
83 979
After tax
93 933
95 491
45 791
88 521
Living cost
35 439
35 439
35 439
35 439
Free-cash
58 494
60 052
10 352
53 082

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59811
₽24324
₽38085
₽44727
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
8 846
social contributions
-
-
-
25 075
national
-
-
-
63 823
total
-
-
-
97 744
Employee

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

71 942
-
133 609
-
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.

626
-
1 162
-
communal

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

3 752
-
6 968
-
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.

5 396
-
10 020
-
national
22 118
-
48 184
-
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.

3 380
-
6 279
-
total
35 272
-
72 613
-
Employer

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

71 942
-
133 609
-
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.

4 424
-
8 217
-
pensions

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

6 375
-
11 837
-
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.

935
-
1 737
-
unemployment

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

1 050
-
1 951
-
surtax
8 157
-
15 150
-
total
20 941
-
38 892
-
Corporate
79 617
172 500
-
-
income
15 923
34 500
-
-
surtax
319
691
-
-
total
16 242
35 191
-
-
Dividends
63 375
137 309
-
-
withholding

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

18 647
40 827
-
-
total
18 647
40 827
-
-
Income
172 500
172 500
172 500
172 500
Total tax
91 102
76 018
111 505
97 744
After tax
81 398
96 482
60 995
74 756
Living cost
36 671
36 671
36 671
36 671
Free-cash
44 727
59 811
24 324
38 085

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78718
₽56318
₽60536
₽71729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
840
income
-
-
-
47 674
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
75 642
Employee
50 064
-
142 781
-
other
50
-
94
-
unemployment
777
-
1 445
-
pensions
2 353
-
4 382
-
income
10 563
-
44 221
-
total
13 743
-
50 142
-
Employer
50 064
-
142 781
-
pensions
11 814
-
22 000
-
accident
991
-
1 846
-
unemployment
2 754
-
5 126
-
other
399
-
746
-
total
15 958
-
29 718
-
Corporate
106 479
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.

15 971
25 875
-
-
total
15 971
25 875
-
-
Dividends
90 507
146 625
-
-
withholding
18 777
31 585
-
-
total
18 777
31 585
-
-
Income
172 500
172 500
172 500
172 500
Total tax
64 449
57 460
79 860
75 642
After tax
108 051
115 040
92 640
96 858
Living cost
36 322
36 322
36 322
36 322
Free-cash
71 729
78 718
56 318
60 536

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46548
₽38025
₽31153
₽33915
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
10 902
accident
-
-
-
1 454
income
-
-
-
27 809
surtax
-
-
-
8 552
health
-
-
-
12 118
pensions
-
-
-
25 856
total
-
-
-
86 691
Employee
76 164
-
154 084
-
pensions
6 092
-
12 328
-
surtax
4 668
-
9 444
-
income
7 357
-
32 776
-
health
3 390
-
6 856
-
total
21 507
-
61 404
-
Employer
76 164
-
154 084
-
health
2 323
-
4 699
-
pensions
6 092
-
12 328
-
accident
685
-
1 388
-
total
9 100
-
18 415
-
Corporate
87 235
172 500
-
-
communal
5 888
11 644
-
-
income
13 085
25 875
-
-
surtax
916
1 811
-
-
total
19 889
39 330
-
-
Dividends
67 346
133 170
-
-
income
23 331
11 991
-
-
withholding
10 102
19 975
-
-
total
33 433
31 966
-
-
Income
172 500
172 500
172 500
172 500
Total tax
83 929
71 296
79 819
86 691
After tax
88 571
101 204
92 681
85 809
Living cost
54 656
54 656
54 656
54 656
Free-cash
33 915
46 548
38 025
31 153

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85913
₽52928
₽59101
₽82711
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 030
other
-
-
-
-
surtax
-
-
-
7 174
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
90 809
Employee
33 870
-
144 245
-
other
-
-
-
-
unemployment
2 357
-
9 343
-
pensions
2 260
-
8 953
-
surtax
120
-
5 995
-
income
5 678
-
41 014
-
health
865
-
3 422
-
total
11 280
-
68 727
-
Employer
33 870
-
144 245
-
health
1 540
-
6 108
-
pensions
4 516
-
17 893
-
unemployment
1 075
-
4 254
-
other
-
-
-
-
total
7 131
-
28 255
-
Corporate
131 499
172 500
-
-
income
34 191
44 850
-
-
total
34 191
44 850
-
-
Dividends
97 309
127 650
-
-
withholding
14 597
19 147
-
-
total
14 597
19 147
-
-
Income
172 500
172 500
172 500
172 500
Total tax
67 199
63 997
96 982
90 809
After tax
105 301
108 503
75 518
81 691
Living cost
22 590
22 590
22 590
22 590
Free-cash
82 711
85 913
52 928
59 101

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63579
₽47301
₽55054
₽61343
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 367
regional
-
-
-
2 600
municipal
-
-
-
1 025
national
-
-
-
42 361
total
-
-
-
90 353
Employee
55 790
-
172 500
-
municipal
296
-
914
-
national
8 839
-
36 704
-
regional
751
-
2 322
-
social contributions
18 813
-
58 166
-
total
28 699
-
98 106
-
Employer
55 790
-
172 500
-
total
-
-
-
-
Corporate
116 710
172 500
-
-
municipal
5 800
8 573
-
-
nationa
28 011
41 399
-
-
total
33 811
49 972
-
-
Dividends
82 899
122 527
-
-
withholding
21 554
31 856
-
-
total
21 554
31 856
-
-
Income
172 500
172 500
172 500
172 500
Total tax
84 064
81 828
98 106
90 353
After tax
88 436
90 672
74 394
82 147
Living cost
27 093
27 093
27 093
27 093
Free-cash
61 343
63 579
47 301
55 054

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87968
₽57985
₽65463
₽76981
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 987
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
-
health
-
-
-
23 288
total
-
-
-
76 239
Employee
45 291
-
130 008
-
solidarity contribution
-
-
-
-
social contributions
2 944
-
8 006
-
income
5 435
-
15 668
-
health
6 114
-
17 551
-
total
14 493
-
41 225
-
Employer
45 291
-
130 008
-
health
4 076
-
11 701
-
social contributions
11 323
-
30 791
-
total
15 399
-
42 492
-
Corporate
111 810
172 500
-
-
income
21 244
32 775
-
-
total
21 244
32 775
-
-
Dividends
90 566
139 725
-
-
withholding
13 585
20 959
-
-
total
13 585
20 959
-
-
Income
172 500
172 500
172 500
172 500
Total tax
64 721
53 734
83 717
76 239
After tax
107 779
118 766
88 783
96 261
Living cost
30 798
30 798
30 798
30 798
Free-cash
76 981
87 968
57 985
65 463

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63512
₽13752
₽56632
₽63011
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 196
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
691
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
83 781
Employee
43 964
40 080
137 244
-
other
439
401
1 176
-
unemployment
1 319
1 202
3 525
-
pensions
4 502
4 103
12 032
-
income
3 916
2 956
36 769
-
health
1 701
1 552
4 546
-
total
11 877
10 214
58 048
-
Employer
43 964
40 080
137 244
-
chamber of commerce
176
160
550
-
health
1 662
1 515
4 441
-
pensions
5 518
5 031
14 746
-
accident
571
521
1 527
-
unemployment
1 319
1 202
3 525
-
surtax
-
-
-
-
payroll
1 319
1 202
4 117
-
other
2 088
1 903
6 350
-
total
12 653
11 534
35 256
-
Corporate
115 884
120 884
133 427
-
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.

28 971
30 221
33 357
-
total
28 971
30 221
33 357
-
Dividends
86 913
90 663
-
-
withholding
23 901
24 932
-
-
total
23 901
24 932
-
-
Income
172 500
172 500
172 500
172 500
Total tax
77 402
76 901
126 661
83 781
After tax
95 098
95 599
45 839
88 719
Living cost
32 087
32 087
32 087
32 087
Free-cash
63 011
63 512
13 752
56 632

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151191
₽125316
₽158091
₽148813
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 855
-
172 500
-
income
3 171
-
34 500
-
total
3 171
-
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%.

156 645
172 500
-
-
total
-
-
-
-
Dividends
156 645
172 500
-
-
withholding
7 832
8 625
-
-
total
7 832
8 625
-
-
Income
172 500
172 500
172 500
172 500
Total tax
11 003
8 625
34 500
1 725
After tax
161 497
163 875
138 000
170 775
Living cost
12 684
12 684
12 684
12 684
Free-cash
148 813
151 191
125 316
158 091

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91792
₽52943
₽57510
₽83377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
39 276
unemployment
-
-
-
260
health
-
-
-
16 975
pensions
-
-
-
31 503
total
-
-
-
88 014
Employee

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

44 474
-
149 261
-
unemployment
63
-
208
-
pensions
6 894
-
23 136
-
income
7 670
-
36 356
-
health
2 872
-
9 642
-
total
17 499
-
69 342
-
Employer

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

44 474
-
149 261
-
health
2 962
-
9 940
-
pensions
3 936
-
13 209
-
unemployment
27
-
90
-
total
6 925
-
23 239
-
Corporate
121 101
172 500
-
-
income
23 010
32 774
-
-
total
23 010
32 774
-
-
Dividends
98 091
139 726
-
-
withholding
14 713
20 958
-
-
total
14 713
20 958
-
-
Income
172 500
172 500
172 500
172 500
Total tax
62 147
53 732
92 581
88 014
After tax
110 353
118 768
79 919
84 486
Living cost
26 976
26 976
26 976
26 976
Free-cash
83 377
91 792
52 943
57 510

Estimated living cost  is ₽26976 per week

₽18513
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.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60946
₽115081
₽75208
₽12438
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 624
social contributions
-
-
-
19 665
total
-
-
-
53 289
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
20 442
172 500
-
-
income
4 497
37 950
-
-
total
4 497
37 950
-
-
Dividends
15 945
134 550
-
-
income
3 508
29 601
-
-
total
3 508
29 601
-
-
Income
172 500
172 500
172 500
172 500
Total tax
116 059
67 551
13 416
53 289
After tax
56 441
104 949
159 084
119 211
Living cost
44 003
44 003
44 003
44 003
Free-cash
12 438
60 946
115 081
75 208

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66571
₽48055
₽61062
₽65557
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
19 948
surtax
-
-
-
-
social contributions

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

-
-
-
59 943
total
-
-
-
79 891
Employee
46 257
-
139 394
-
surtax
-
-
-
-
social contributions
5 088
-
15 334
-
income
9 622
-
44 458
-
total
14 710
-
59 792
-
Employer
46 257
-
139 394
-
social contributions
10 986
-
33 106
-
total
10 986
-
33 106
-
Corporate
115 258
172 500
-
-
income
24 205
36 225
-
-
surtax
-
-
-
-
total
24 205
36 225
-
-
Dividends
91 053
136 275
-
-
withholding
25 495
38 157
-
-
total
25 495
38 157
-
-
Income
172 500
172 500
172 500
172 500
Total tax
75 396
74 382
92 898
79 891
After tax
97 104
98 118
79 602
92 609
Living cost
31 547
31 547
31 547
31 547
Free-cash
65 557
66 571
48 055
61 062

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
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.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38363
₽46725
₽48708
₽45278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 603
other
-
-
-
5 348
surtax
-
-
-
-
social contributions
-
-
-
4 915
health
-
-
-
7 148
pensions
-
-
-
31 202
total
-
-
-
75 216
Employee
62 992
-
133 927
-
pensions
7 125
-
9 136
-
surtax
-
-
-
-
social contributions
1 794
-
3 817
-
income
5 496
-
25 672
-
total
14 415
-
38 625
-
Employer
62 992
-
133 927
-
health
4 409
-
12 184
-
pensions
10 350
-
15 413
-
unemployment
2 552
-
5 424
-
social contributions
189
-
403
-
other
2 174
-
5 150
-
total
19 674
-
38 574
-
Corporate
89 834
172 500
-
-
income
25 153
48 301
-
-
surtax
-
-
-
-
total
25 153
48 301
-
-
Dividends
64 681
124 199
-
-
surtax
-
-
-
-
social contributions
11 125
21 363
-
-
withholding
8 279
15 897
-
-
total
19 404
37 260
-
-
Income
172 500
172 500
172 500
172 500
Total tax
78 646
85 561
77 199
75 216
After tax
93 854
86 939
95 301
97 284
Living cost
48 576
48 576
48 576
48 576
Free-cash
45 278
38 363
46 725
48 708

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125018
₽101554
₽96969
₽121640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 348
social contributions
-
-
-
37 951
total
-
-
-
45 299
Employee
32 334
-
149 351
-
income
-
-
7 856
-
social contributions
2 101
-
9 709
-
total
2 101
-
17 565
-
Employer
32 334
-
149 351
-
social contributions
5 012
-
23 149
-
total
5 012
-
23 149
-
Corporate
135 154
172 500
-
-
income
13 515
17 250
-
-
total
13 515
17 250
-
-
Dividends
121 640
155 250
-
-
total
-
-
-
-
Income
172 500
172 500
172 500
172 500
Total tax
20 628
17 250
40 714
45 299
After tax
151 872
155 250
131 786
127 201
Living cost
30 232
30 232
30 232
30 232
Free-cash
121 640
125 018
101 554
96 969

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽46526
-₽46526
₽53587
-₽46526
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
13 730
municipal
-
-
-
35 797
national
-
-
-
20 101
pensions
-
-
-
871
total
-
-
-
70 499
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
172 500
172 500
172 500
172 500
Total tax
170 612
170 612
170 612
70 499
After tax
1 888
1 888
1 888
102 001
Living cost
48 414
48 414
48 414
48 414
Free-cash
-46 526
-46 526
-46 526
53 587

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8098
₽71388
₽95877
₽10587
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
257
income
-
-
-
47 462
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
54 553
Employee
34 717
-
154 901
-
pensions
3 909
-
7 768
-
income
4 763
-
35 938
-
health
3 975
-
17 736
-
total
12 647
-
61 442
-
Employer
34 717
-
154 901
-
pensions
5 645
-
11 218
-
accident
580
-
2 587
-
unemployment
851
-
3 795
-
total
7 076
-
17 600
-
Corporate
130 707
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.

117 637
155 250
-
-
total
117 637
155 250
-
-
Dividends
13 071
17 250
-
-
withholding
2 483
3 278
-
-
total
2 483
3 278
-
-
Income
172 500
172 500
172 500
172 500
Total tax
139 843
158 528
79 042
54 553
After tax
32 657
13 972
93 458
117 947
Living cost
22 070
22 070
22 070
22 070
Free-cash
10 587
-8 098
71 388
95 877

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69768
₽52174
₽73325
₽72184
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 237
municipal
-
-
-
30 648
national
-
-
-
27 677
total
-
-
-
60 562
Employee
52 914
-
145 117
-
municipal
8 667
-
23 640
-
unemployment
794
-
2 178
-
pensions
3 571
-
9 795
-
national
874
-
16 902
-
health
395
-
1 815
-
total
14 301
-
54 330
-
Employer
52 914
-
145 117
-
health
407
-
1 117
-
pensions
9 180
-
25 178
-
accident
53
-
145
-
unemployment
344
-
943
-
total
9 984
-
27 383
-
Corporate
109 602
172 500
-
-
income
21 920
34 500
-
-
total
21 920
34 500
-
-
Dividends

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

65 761
103 500
-
-
municipal
11 837
18 630
-
-
national
3 661
10 989
-
-
total
15 498
29 619
-
-
Income
172 500
172 500
172 500
172 500
Total tax
61 703
64 119
81 713
60 562
After tax
110 797
108 381
90 787
111 938
Living cost
38 613
38 613
38 613
38 613
Free-cash
72 184
69 768
52 174
73 325

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
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.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102570
₽93322
₽94851
₽97095
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 691
social contributions
-
-
-
16 273
health
-
-
-
4 399
total
-
-
-
54 363
Employee
77 337
77 337
160 867
-
social contributions
2 924
6 419
8 657
-
income
8 421
7 159
32 868
-
health
599
1 315
2 735
-
total
11 944
14 893
44 260
-
Employer
77 337
77 337
160 867
-
health
651
1 431
2 975
-
social contributions
2 924
6 419
8 657
-
total
3 575
7 850
11 632
-
Corporate
133 695
87 313
-
-
income
16 712
10 913
-
-
total
16 712
10 913
-
-
Dividends
116 984
76 399
-
-
withholding
19 888
12 988
-
-
total
19 888
12 988
-
-
Income
172 500
172 500
172 500
172 500
Total tax
52 119
46 644
55 892
54 363
After tax
120 381
125 856
116 608
118 137
Living cost
23 286
23 286
23 286
23 286
Free-cash
97 095
102 570
93 322
94 851

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126880
₽108781
₽128953
₽121762
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
17 512
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
27 579
Employee

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

23 085
-
162 671
-
unemployment
115
-
477
-
pensions
3 462
-
14 314
-
income
1 578
-
15 019
-
health
1 962
-
8 112
-
total
7 117
-
37 922
-
Employer

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

23 085
-
162 671
-
health
992
-
4 103
-
pensions
1 269
-
5 249
-
unemployment
115
-
477
-
total
2 376
-
9 829
-
Corporate
147 038
172 500
-
-
income
13 234
15 525
-
-
total
13 234
15 525
-
-
Dividends
133 804
156 975
-
-
withholding
12 043
14 127
-
-
total
12 043
14 127
-
-
Income
172 500
172 500
172 500
172 500
Total tax
34 770
29 652
47 751
27 579
After tax
137 730
142 848
124 749
144 921
Living cost
15 968
15 968
15 968
15 968
Free-cash
121 762
126 880
108 781
128 953

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87383
₽64983
₽69201
₽82939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
840
income
-
-
-
47 674
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
75 642
Employee
37 188
-
142 781
-
other
36
-
94
-
unemployment
576
-
1 445
-
pensions
1 748
-
4 382
-
income
7 170
-
44 221
-
total
9 530
-
50 142
-
Employer
37 188
-
142 781
-
pensions
8 776
-
22 000
-
accident
737
-
1 846
-
unemployment
2 046
-
5 126
-
other
298
-
746
-
total
11 857
-
29 718
-
Corporate
123 455
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.

18 519
25 875
-
-
total
18 519
25 875
-
-
Dividends
104 936
146 625
-
-
withholding
21 998
31 585
-
-
total
21 998
31 585
-
-
Income
172 500
172 500
172 500
172 500
Total tax
61 904
57 460
79 860
75 642
After tax
110 596
115 040
92 640
96 858
Living cost
27 657
27 657
27 657
27 657
Free-cash
82 939
87 383
64 983
69 201

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105681
₽108876
₽109015
₽105360
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
59 061
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
61 526
Employee
2 983
-
170 893
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
58 986
-
health
149
-
357
-
total
1 024
-
60 057
-
Employer
2 983
-
170 893
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
168 846
172 500
-
-
income
37 146
37 950
-
-
total
37 146
37 950
-
-
Dividends
131 700
134 550
-
-
withholding
26 340
26 910
-
-
total
26 340
26 910
-
-
Income
172 500
172 500
172 500
172 500
Total tax
65 181
64 860
61 665
61 526
After tax
107 319
107 640
110 835
110 974
Living cost
1 959
1 959
1 959
1 959
Free-cash
105 360
105 681
108 876
109 015

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107238
₽88088
₽88087
₽102289
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
38 924
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
67 020
Employee

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

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

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

26 227
-
159 196
-
unemployment
197
-
557
-
pensions
3 672
-
10 406
-
income
3 615
-
38 924
-
health
1 351
-
3 828
-
total
8 835
-
53 715
-
Employer

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

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

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

26 227
-
159 196
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
unemployment
197
-
557
-
total
4 695
-
13 304
-
Corporate
141 578
172 500
-
-
income
21 237
25 875
-
-
total
21 237
25 875
-
-
Dividends
120 341
146 625
-
-
withholding
18 051
21 994
-
-
total
18 051
21 994
-
-
Income
172 500
172 500
172 500
172 500
Total tax
52 818
47 869
67 019
67 020
After tax
119 682
124 631
105 481
105 480
Living cost
17 393
17 393
17 393
17 393
Free-cash
102 289
107 238
88 088
88 087

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
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.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71004
₽52488
₽65495
₽70642
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
19 948
surtax
-
-
-
-
social contributions

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

-
-
-
59 943
total
-
-
-
79 891
Employee
39 035
-
139 394
-
surtax
-
-
-
-
social contributions
4 294
-
15 334
-
income
7 627
-
44 458
-
total
11 921
-
59 792
-
Employer
39 035
-
139 394
-
social contributions
9 270
-
33 106
-
total
9 270
-
33 106
-
Corporate
124 195
172 500
-
-
income
26 081
36 225
-
-
surtax
-
-
-
-
total
26 081
36 225
-
-
Dividends
98 114
136 275
-
-
withholding
27 472
38 157
-
-
total
27 472
38 157
-
-
Income
172 500
172 500
172 500
172 500
Total tax
74 744
74 382
92 898
79 891
After tax
97 756
98 118
79 602
92 609
Living cost
27 114
27 114
27 114
27 114
Free-cash
70 642
71 004
52 488
65 495

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79694
₽57294
₽61512
₽73045
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
840
income
-
-
-
47 674
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
75 642
Employee
48 573
-
142 781
-
other
48
-
94
-
unemployment
752
-
1 445
-
pensions
2 283
-
4 382
-
income
10 145
-
44 221
-
total
13 228
-
50 142
-
Employer
48 573
-
142 781
-
pensions
11 463
-
22 000
-
accident
962
-
1 846
-
unemployment
2 672
-
5 126
-
other
389
-
746
-
total
15 486
-
29 718
-
Corporate
108 441
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.

16 267
25 875
-
-
total
16 267
25 875
-
-
Dividends
92 174
146 625
-
-
withholding
19 128
31 585
-
-
total
19 128
31 585
-
-
Income
172 500
172 500
172 500
172 500
Total tax
64 109
57 460
79 860
75 642
After tax
108 391
115 040
92 640
96 858
Living cost
35 346
35 346
35 346
35 346
Free-cash
73 045
79 694
57 294
61 512

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130162
₽126619
₽119907
₽124026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 875
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
35 268
Employee
22 941
-
165 598
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
16 560
-
health
1 055
-
1 618
-
total
5 615
-
21 654
-
Employer
22 941
-
165 598
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
145 058
172 500
-
-
income
14 505
17 250
-
-
total
14 505
17 250
-
-
Dividends
130 553
155 250
-
-
withholding
6 528
7 763
-
-
total
6 528
7 763
-
-
Income
172 500
172 500
172 500
172 500
Total tax
31 149
25 013
28 556
35 268
After tax
141 351
147 487
143 944
137 232
Living cost
17 325
17 325
17 325
17 325
Free-cash
124 026
130 162
126 619
119 907

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49954
₽71090
₽53046
₽63113
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
52 805
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.

-
-
-
2 905
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.

-
-
-
6 871
trade
-
-
-
18 044
total
-
-
-
80 625
Employee

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

50 042
-
172 500
-
surtax

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

227
-
2 905
-
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.

4 115
-
52 805
-
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.

6 871
-
6 871
-
total
11 213
-
62 581
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
122 458
172 500
-
-
income
18 368
25 875
-
-
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.

1 010
1 424
-
-
chamber of commerce
332
407
-
-
trade
17 572
24 754
-
-
total
37 282
52 460
-
-
Dividends
85 175
120 040
-
-
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.

1 151
1 630
-
-
withholding
20 912
29 627
-
-
total
22 063
31 257
-
-
Income
172 500
172 500
172 500
172 500
Total tax
70 558
83 717
62 581
80 625
After tax
101 942
88 783
109 919
91 875
Living cost
38 829
38 829
38 829
38 829
Free-cash
63 113
49 954
71 090
53 046

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63457
₽34162
₽34162
₽65679
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 376
social contributions
-
-
-
28 670
total
-
-
-
81 046
Employee
78 672
-
172 500
-
income
14 845
-
52 376
-
social contributions
6 536
-
28 670
-
total
21 381
-
81 046
-
Employer
78 672
-
172 500
-
total
-
-
-
-
Corporate
93 828
172 500
-
-
income
11 728
21 563
-
-
total
11 728
21 563
-
-
Dividends
82 100
150 937
-
-
withholding
16 420
30 188
-
-
total
16 420
30 188
-
-
Income
172 500
172 500
172 500
172 500
Total tax
49 529
51 751
81 046
81 046
After tax
122 971
120 749
91 454
91 454
Living cost
57 292
57 292
57 292
57 292
Free-cash
65 679
63 457
34 162
34 162

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70302
₽86428
₽101285
₽73816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 629
health

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

-
-
-
6 077
total
-
-
-
34 706
Employee
46 138
-
167 874
-
income
5 006
-
40 311
-
social contributions
4 623
-
4 626
-
total
9 629
-
44 937
-
Employer
46 138
-
167 874
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
121 740
172 500
-
-
income
42 609
60 375
-
-
total
42 609
60 375
-
-
Dividends
79 130
112 125
-
-
social contributions
5 314
5 314
-
-
total
5 314
5 314
-
-
Income
172 500
172 500
172 500
172 500
Total tax
62 175
65 689
49 563
34 706
After tax
110 325
106 811
122 937
137 794
Living cost
36 509
36 509
36 509
36 509
Free-cash
73 816
70 302
86 428
101 285

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76170
₽61893
₽77526
₽82090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 919
pensions
-
-
-
8 922
total
-
-
-
57 841
Employee
50 971
-
150 721
-
pensions
3 890
-
11 000
-
income
9 282
-
38 496
-
health
665
-
2 200
-
total
13 837
-
51 696
-
Employer
50 971
-
150 721
-
health
969
-
2 864
-
pensions
5 150
-
18 914
-
total
6 119
-
21 778
-
Corporate
115 411
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.

21 929
32 776
-
-
total
21 929
32 776
-
-
Dividends
93 482
139 724
-
-
withholding
11 392
26 421
-
-
total
11 392
26 421
-
-
Income
172 500
172 500
172 500
172 500
Total tax
53 277
59 197
73 474
57 841
After tax
119 223
113 303
99 026
114 659
Living cost
37 133
37 133
37 133
37 133
Free-cash
82 090
76 170
61 893
77 526

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10283
₽69203
₽93692
₽10252
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
257
income
-
-
-
47 462
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
54 553
Employee
38 154
-
154 901
-
pensions
4 296
-
7 768
-
income
5 234
-
35 938
-
health
4 368
-
17 736
-
total
13 898
-
61 442
-
Employer
38 154
-
154 901
-
pensions
6 204
-
11 218
-
accident
637
-
2 587
-
unemployment
935
-
3 795
-
total
7 776
-
17 600
-
Corporate
126 571
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.

113 914
155 250
-
-
total
113 914
155 250
-
-
Dividends
12 657
17 250
-
-
withholding
2 405
3 278
-
-
total
2 405
3 278
-
-
Income
172 500
172 500
172 500
172 500
Total tax
137 993
158 528
79 042
54 553
After tax
34 507
13 972
93 458
117 947
Living cost
24 255
24 255
24 255
24 255
Free-cash
10 252
-10 283
69 203
93 692

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131570
₽108420
₽86299
₽126862
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
28 370
unemployment
-
-
-
1 931
work injury
-
-
-
804
health insurance
-
-
-
11 905
pensions
-
-
-
29 602
total
-
-
-
72 612
Employee

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

21 742
-
172 500
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
28 370
-
total
8 153
-
50 491
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
150 758
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%.

1 508
1 725
-
-
total
1 508
1 725
-
-
Dividends
149 251
170 775
-
-
withholding
22 388
25 616
-
-
total
22 388
25 616
-
-
Income
172 500
172 500
172 500
172 500
Total tax
32 049
27 341
50 491
72 612
After tax
140 451
145 159
122 009
99 888
Living cost
13 589
13 589
13 589
13 589
Free-cash
126 862
131 570
108 420
86 299

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50795
₽33035
₽40606
₽46220
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 367
regional
-
-
-
3 946
municipal
-
-
-
1 153
national
-
-
-
42 361
total
-
-
-
91 827
Employee
84 751
-
172 500
-
municipal
506
-
1 029
-
national
14 322
-
36 704
-
regional
1 280
-
3 499
-
social contributions
28 577
-
58 166
-
total
44 685
-
99 398
-
Employer
84 751
-
172 500
-
total
-
-
-
-
Corporate
87 749
172 500
-
-
municipal
4 229
8 314
-
-
nationa
21 059
41 399
-
-
total
25 288
49 713
-
-
Dividends
62 461
122 787
-
-
withholding
16 240
31 925
-
-
total
16 240
31 925
-
-
Income
172 500
172 500
172 500
172 500
Total tax
86 213
81 638
99 398
91 827
After tax
86 287
90 862
73 102
80 673
Living cost
40 067
40 067
40 067
40 067
Free-cash
46 220
50 795
33 035
40 606

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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