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
₽60722
₽69872
₽81376
₽60034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 028
trade
-
-
-
20 654
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.

-
-
-
55 075
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.

-
-
-
6 077
total
-
-
-
84 834
Employee

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

34 024
-
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.

950
-
55 075
-
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.

6 077
-
6 077
-
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.

52
-
3 028
-
total
7 079
-
64 180
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
138 476
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.

1 143
1 423
-
-
income
20 772
25 875
-
-
trade
21 810
27 168
-
-
chamber of commerce
334
383
-
-
total
44 059
54 849
-
-
Dividends
94 416
117 650
-
-
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.

1 280
1 599
-
-
withholding
23 266
29 074
-
-
total
24 546
30 673
-
-
Income
172 500
172 500
172 500
172 500
Total tax
75 684
85 522
64 180
84 834
After tax
96 816
86 978
108 320
87 666
Living cost
26 944
26 944
26 944
26 944
Free-cash
69 872
60 034
81 376
60 722

Estimated living cost  is ₽26944 per week

₽16949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3142
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.
₽6351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53804
₽59743
₽54731
₽60527
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
30 069
pensions
-
-
-
20 700
social contributions
-
-
-
1 854
municipal
-
-
-
18 960
total
-
-
-
71 583
Employee
73 033
-
149 125
-
pensions
2 921
-
5 965
-
municipal
9 021
-
19 627
-
national
13 979
-
31 531
-
total
25 921
-
57 123
-
Employer
73 033
-
149 125
-
pensions
5 843
-
11 930
-
social contributions
785
-
1 603
-
total
6 628
-
13 533
-
Corporate
88 019
172 500
-
-
income

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

17 604
34 500
-
-
total
17 604
34 500
-
-
Dividends
70 415
138 000
-
-
withholding
15 491
30 360
-
-
total
15 491
30 360
-
-
Income
172 500
172 500
172 500
172 500
Total tax
65 644
64 860
70 656
71 583
After tax
106 856
107 640
101 844
100 917
Living cost
47 113
47 113
47 113
47 113
Free-cash
59 743
60 527
54 731
53 804

Estimated living cost  is ₽47113 per week

₽32022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽705
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10006
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42379
₽112195
₽55041
₽119493
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
34 083
income
-
-
-
33 544
microenterprise
-
-
-
-
total
-
-
-
111 614
Employee
25 993
-
132 397
-
income
4 627
-
27 992
-
social contributions

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

2 860
-
11 661
-
surtax
-
-
19 197
-
total
7 487
-
58 850
-
Employer
25 993
-
132 397
-
surtax
-
-
14 563
-
social contributions

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

6 261
-
25 539
-
total
6 261
-
40 102
-
Corporate
140 245
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%.

28 050
34 500
-
-
total
28 050
34 500
-
-
Dividends

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

112 196
138 000
-
-
total
-
-
-
-
Income
172 500
172 500
172 500
172 500
Total tax
41 798
34 500
98 952
111 614
After tax
130 702
138 000
73 548
60 886
Living cost
18 507
18 507
18 507
18 507
Free-cash
112 195
119 493
55 041
42 379

Estimated living cost  is ₽18507 per week

₽11807
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1762
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽420
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56871
₽42925
₽72224
₽48374
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
pensions
-
-
-
10 422
income
-
-
-
56 973
health
-
-
-
10 969
total
-
-
-
78 364
Employee
75 965
75 965
155 968
-
pensions
13 674
10 422
10 422
-
income

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

12 434
12 434
25 088
-
health
11 660
9 918
10 969
-
total
37 768
32 774
46 479
-
Employer
75 965
75 965
155 968
-
pensions
5 287
5 287
6 572
-
health
5 280
5 280
6 562
-
unemployment
2 735
2 735
3 398
-
total
13 302
13 302
16 532
-
Corporate
84 165
83 233
-
-
income
16 832
16 646
-
-
total
16 832
16 646
-
-
Dividends
67 332
66 586
-
-
income
14 308
14 150
-
-
withholding
10 100
9 989
-
-
total
24 408
24 139
-
-
Income
172 500
172 500
172 500
172 500
Total tax
92 310
86 861
63 011
78 364
After tax
80 190
85 639
109 489
94 136
Living cost
37 265
37 265
37 265
37 265
Free-cash
42 925
48 374
72 224
56 871

Estimated living cost  is ₽37265 per week

₽26409
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3359
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51097
₽56475
₽50203
₽57303
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
16 646
other
-
-
-
9 393
pensions
-
-
-
8 738
municipal
-
-
-
44 457
accident
-
-
-
162
health
-
-
-
5 044
unemployment
-
-
-
81
total
-
-
-
84 521
Employee
52 553
-
147 103
-
municipal
15 671
-
43 866
-
national
-
-
16 151
-
total
15 671
-
60 017
-
Employer
52 553
-
147 103
-
pensions
5 681
-
8 738
-
other
6 107
-
9 393
-
health
3 232
-
4 971
-
unemployment
1 387
-
2 134
-
accident
105
-
162
-
total
16 512
-
25 398
-
Corporate
103 435
172 500
-
-
income
22 756
37 950
-
-
total
22 756
37 950
-
-
Dividends
80 679
134 550
-
-
withholding
24 204
40 365
-
-
total
24 204
40 365
-
-
Income
172 500
172 500
172 500
172 500
Total tax
79 143
78 315
85 415
84 521
After tax
93 357
94 185
87 085
87 979
Living cost
36 882
36 882
36 882
36 882
Free-cash
56 475
57 303
50 203
51 097

Estimated living cost  is ₽36882 per week

₽24444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51802
₽63641
₽73374
₽51145
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 028
trade
-
-
-
21 572
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.

-
-
-
55 075
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.

-
-
-
6 077
total
-
-
-
85 752
Employee

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

45 112
-
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.

3 876
-
55 075
-
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.

6 077
-
6 077
-
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.

213
-
3 028
-
total
10 166
-
64 180
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
127 388
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.

1 052
1 423
-
-
income
19 108
25 875
-
-
trade
20 956
28 375
-
-
chamber of commerce
316
380
-
-
total
41 432
56 053
-
-
Dividends
85 957
116 446
-
-
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.

1 163
1 582
-
-
withholding
21 152
28 774
-
-
total
22 315
30 356
-
-
Income
172 500
172 500
172 500
172 500
Total tax
73 913
86 409
64 180
85 752
After tax
98 587
86 091
108 320
86 748
Living cost
34 946
34 946
34 946
34 946
Free-cash
63 641
51 145
73 374
51 802

Estimated living cost  is ₽34946 per week

₽23372
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.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88258
₽93247
₽86785
₽96936
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 393
income
-
-
-
36 597
health
-
-
-
4 399
total
-
-
-
55 389
Employee
68 403
68 403
161 848
-
income
7 183
6 332
35 801
-
social contributions
3 324
5 677
7 657
-
health
680
1 163
2 752
-
total
11 187
13 172
46 210
-
Employer
68 403
68 403
161 848
-
social contributions
3 324
5 677
7 657
-
health
741
1 266
2 995
-
total
4 065
6 943
10 652
-
Corporate
128 395
97 154
-
-
income
16 049
12 144
-
-
total
16 049
12 144
-
-
Dividends
112 346
85 009
-
-
withholding
19 099
14 452
-
-
total
19 099
14 452
-
-
Income
172 500
172 500
172 500
172 500
Total tax
50 400
46 711
56 862
55 389
After tax
122 100
125 789
115 638
117 111
Living cost
28 853
28 853
28 853
28 853
Free-cash
93 247
96 936
86 785
88 258

Estimated living cost  is ₽28853 per week

₽19724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2254
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102001
₽79763
₽82501
₽79397
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
pensions
-
-
-
17 250
income
-
-
-
21 088
health
-
-
-
12 075
unemployment
-
-
-
2 588
total
-
-
-
53 001
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

25 258
10 052
144 351
-
pensions
2 526
1 005
14 435
-
income
3 088
1 229
17 647
-
health
1 768
704
10 105
-
unemployment
379
151
2 165
-
total
7 761
3 089
44 352
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

25 258
10 052
144 351
-
pensions
4 925
1 960
28 149
-
total
4 925
1 960
28 149
-
Corporate
142 316
160 487
-
-
income
12 808
14 444
-
-
total
12 808
14 444
-
-
Dividends
129 508
146 043
-
-
withholding
24 606
27 748
-
-
social contributions
25 139
28 364
-
-
total
49 745
56 112
-
-
Income
172 500
172 500
172 500
172 500
Total tax
75 239
75 605
72 501
53 001
After tax
97 261
96 895
99 999
119 499
Living cost
17 498
17 498
17 498
17 498
Free-cash
79 763
79 397
82 501
102 001

Estimated living cost  is ₽17498 per week

₽11941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1432
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.
₽3776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70974
₽110987
₽77942
₽116514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
pensions
-
-
-
34 500
income
-
-
-
23 115
health
-
-
-
22 425
total
-
-
-
80 040
Employee
25 236
-
128 923
-
pensions
505
-
2 578
-
income
2 841
-
24 856
-
unemployment
403
-
2 063
-
total
3 749
-
29 497
-
Employer
25 236
-
128 923
-
pensions
5 047
-
25 784
-
health
3 280
-
16 760
-
unemployment
203
-
1 031
-
total
8 530
-
43 575
-
Corporate
138 734
172 500
-
-
income
27 748
34 500
-
-
total
27 748
34 500
-
-
Dividends
110 987
138 000
-
-
total
-
-
-
-
Income
172 500
172 500
172 500
172 500
Total tax
40 027
34 500
73 072
80 040
After tax
132 473
138 000
99 428
92 460
Living cost
21 486
21 486
21 486
21 486
Free-cash
110 987
116 514
77 942
70 974

Estimated living cost  is ₽21486 per week

₽14737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1280
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98045
₽10931
₽74355
-₽5853
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
334
pensions
-
-
-
3 750
income
-
-
-
48 352
accident
-
-
-
228
health
-
-
-
1 965
total
-
-
-
54 629
Employee
31 188
-
156 138
-
pensions
3 512
-
6 875
-
income
4 279
-
37 203
-
health
3 571
-
17 878
-
total
11 362
-
61 956
-
Employer
31 188
-
156 138
-
pensions
5 071
-
9 929
-
unemployment
764
-
3 826
-
accident
521
-
2 608
-
total
6 356
-
16 363
-
Corporate
134 956
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.

121 461
155 250
-
-
total
121 461
155 250
-
-
Dividends
13 495
17 250
-
-
withholding
2 564
3 277
-
-
total
2 564
3 277
-
-
Income
172 500
172 500
172 500
172 500
Total tax
141 743
158 527
78 319
54 629
After tax
30 757
13 973
94 181
117 871
Living cost
19 826
19 826
19 826
19 826
Free-cash
10 931
-5 853
74 355
98 045

Estimated living cost  is ₽19826 per week

₽14531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1098
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.
₽3783
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163494
₽155229
₽130719
₽156594
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
172 500
microenterprise

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

-
-
-
1 725
total
-
-
-
1 725
Employee
9 101
-
172 500
-
income
1 820
-
34 500
-
total
1 820
-
34 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

163 399
172 500
-
-
total
-
-
-
-
Dividends
163 399
172 500
-
-
withholding
8 170
8 625
-
-
total
8 170
8 625
-
-
Income
172 500
172 500
172 500
172 500
Total tax
9 990
8 625
34 500
1 725
After tax
162 510
163 875
138 000
170 775
Living cost
7 281
7 281
7 281
7 281
Free-cash
155 229
156 594
130 719
163 494

Estimated living cost  is ₽7281 per week

₽4512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽200
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75805
₽97028
₽74316
₽103032
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 425
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.

-
-
-
32 466
income
-
-
-
28 149
health
-
-
-
5 952
total
-
-
-
72 992
Employee
32 299
-
138 387
-
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.

2 260
-
9 469
-
income
5 561
-
27 653
-
health
452
-
1 894
-
unemployment
322
-
1 352
-
total
8 595
-
40 368
-
Employer
32 299
-
138 387
-
pensions

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

5 491
-
22 997
-
other
1 616
-
6 763
-
health
452
-
1 894
-
unemployment
322
-
1 352
-
accident
258
-
1 107
-
total
8 139
-
34 113
-
Corporate
132 061
172 500
-
-
income
27 732
36 225
-
-
total
27 732
36 225
-
-
Dividends
104 329
136 275
-
-
withholding
7 303
9 540
-
-
total
7 303
9 540
-
-
Income
172 500
172 500
172 500
172 500
Total tax
51 769
45 765
74 481
72 992
After tax
120 731
126 735
98 019
99 508
Living cost
23 703
23 703
23 703
23 703
Free-cash
97 028
103 032
74 316
75 805

Estimated living cost  is ₽23703 per week

₽16748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53970
₽57926
₽38447
₽51951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
pensions
-
-
-
8 293
income
-
-
-
51 070
total
-
-
-
59 363
Employee
83 712
-
150 534
-
pensions
8 076
-
10 079
-
income
15 090
-
40 723
-
health
1 379
-
2 118
-
total
24 545
-
52 920
-
Employer
83 712
-
150 534
-
pensions
9 884
-
19 106
-
health
1 590
-
2 860
-
total
11 474
-
21 966
-
Corporate
77 314
172 500
-
-
income

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

14 691
32 775
-
-
total
14 691
32 775
-
-
Dividends
62 623
139 725
-
-
withholding
4 697
28 607
-
-
total
4 697
28 607
-
-
Income
172 500
172 500
172 500
172 500
Total tax
55 407
61 382
74 886
59 363
After tax
117 093
111 118
97 614
113 137
Living cost
59 167
59 167
59 167
59 167
Free-cash
57 926
51 951
38 447
53 970

Estimated living cost  is ₽59167 per week

₽44335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6952
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.
₽7400
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽126631
₽131665
₽133564
₽135805
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
pensions

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

-
-
-
4 607
income
-
-
-
25 875
health
-
-
-
3 579
unemployment
-
-
-
125
total
-
-
-
34 186
Employee
15 470
-
166 393
-
pensions

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

1 358
-
2 733
-
accident

We are using the highest rate at 1.1%.

170
-
342
-
income
1 547
-
16 639
-
health
712
-
1 432
-
total
3 787
-
21 146
-
Employer
15 470
-
166 393
-
pensions

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

1 705
-
3 430
-
health
1 068
-
2 148
-
unemployment
93
-
187
-
accident

We are using the highest rate at 1.1%.

170
-
342
-
total
3 036
-
6 107
-
Corporate
153 995
172 500
-
-
income
15 399
17 250
-
-
total
15 399
17 250
-
-
Dividends
138 595
155 250
-
-
withholding
6 930
7 762
-
-
total
6 930
7 762
-
-
Income
172 500
172 500
172 500
172 500
Total tax
29 152
25 012
27 253
34 186
After tax
143 348
147 488
145 247
138 314
Living cost
11 683
11 683
11 683
11 683
Free-cash
131 665
135 805
133 564
126 631

Estimated living cost  is ₽11683 per week

₽6821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽310
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44808
₽38550
₽60161
₽36311
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
pensions
-
-
-
10 422
income
-
-
-
56 973
health
-
-
-
10 969
total
-
-
-
78 364
Employee
82 474
75 965
155 968
-
pensions
10 422
10 422
10 422
-
income

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

12 434
12 434
25 088
-
health
10 289
9 918
10 969
-
total
33 145
32 774
46 479
-
Employer
82 474
75 965
155 968
-
pensions
5 740
5 287
6 572
-
health
5 731
5 280
6 562
-
unemployment
2 969
2 735
3 398
-
total
14 440
13 302
16 532
-
Corporate
75 586
83 233
-
-
income
15 117
16 646
-
-
total
15 117
16 646
-
-
Dividends
60 469
66 586
-
-
income
12 850
14 150
-
-
withholding
9 070
9 989
-
-
total
21 920
24 139
-
-
Income
172 500
172 500
172 500
172 500
Total tax
84 622
86 861
63 011
78 364
After tax
87 878
85 639
109 489
94 136
Living cost
49 328
49 328
49 328
49 328
Free-cash
38 550
36 311
60 161
44 808

Estimated living cost  is ₽49328 per week

₽36387
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7970
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77179
₽88839
₽69965
₽96708
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 740
income
-
-
-
17 621
health
-
-
-
23 288
solidarity contribution
-
-
-
614
total
-
-
-
73 263
Employee
32 438
-
133 326
-
income
3 893
-
16 239
-
social contributions
2 108
-
7 065
-
solidarity contribution
-
-
-
-
health
4 379
-
17 999
-
total
10 380
-
41 303
-
Employer
32 438
-
133 326
-
social contributions
8 110
-
27 175
-
health
2 919
-
11 999
-
total
11 029
-
39 174
-
Corporate
129 033
172 500
-
-
income
24 516
32 775
-
-
total
24 516
32 775
-
-
Dividends
104 517
139 725
-
-
withholding
15 678
20 959
-
-
total
15 678
20 959
-
-
Income
172 500
172 500
172 500
172 500
Total tax
61 603
53 734
80 477
73 263
After tax
110 897
118 766
92 023
99 237
Living cost
22 058
22 058
22 058
22 058
Free-cash
88 839
96 708
69 965
77 179

Estimated living cost  is ₽22058 per week

₽15322
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4733
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43952
₽49853
₽36188
₽54501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
43 567
social contributions
-
-
-
44 367
municipal
-
-
-
1 025
regional
-
-
-
2 053
total
-
-
-
91 012
Employee
79 059
-
172 500
-
social contributions
26 659
-
58 167
-
municipal
419
-
915
-
regional
746
-
1 814
-
national
13 699
-
37 880
-
total
41 523
-
98 776
-
Employer
79 059
-
172 500
-
total
-
-
-
-
Corporate
93 441
172 500
-
-
municipal
3 645
6 727
-
-
nationa
22 427
41 399
-
-
total
26 072
48 126
-
-
Dividends
67 370
124 374
-
-
withholding
17 516
32 337
-
-
total
17 516
32 337
-
-
Income
172 500
172 500
172 500
172 500
Total tax
85 111
80 463
98 776
91 012
After tax
87 389
92 037
73 724
81 488
Living cost
37 536
37 536
37 536
37 536
Free-cash
49 853
54 501
36 188
43 952

Estimated living cost  is ₽37536 per week

₽26166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2461
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61789
₽86103
₽56352
₽88872
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
surtax
-
-
-
8 140
pensions
-
-
-
23 745
income
-
-
-
50 564
health
-
-
-
8 429
unemployment
-
-
-
203
total
-
-
-
91 081
Employee
29 417
-
147 509
-
pensions
1 962
-
7 919
-
income
4 931
-
45 243
-
other
-
-
-
-
health
751
-
3 027
-
unemployment
2 048
-
8 263
-
surtax
96
-
7 075
-
total
9 788
-
71 527
-
Employer
29 417
-
147 509
-
pensions
3 921
-
15 826
-
other
-
-
-
-
health
1 339
-
5 402
-
unemployment
932
-
3 763
-
total
6 192
-
24 991
-
Corporate
136 891
172 500
-
-
income
35 592
44 850
-
-
total
35 592
44 850
-
-
Dividends
101 299
127 650
-
-
withholding
15 195
19 148
-
-
total
15 195
19 148
-
-
Income
172 500
172 500
172 500
172 500
Total tax
66 767
63 998
96 518
91 081
After tax
105 733
108 502
75 982
81 419
Living cost
19 630
19 630
19 630
19 630
Free-cash
86 103
88 872
56 352
61 789

Estimated living cost  is ₽19630 per week

₽12002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽72716
₽76542
₽57193
₽70697
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
pensions
-
-
-
8 293
income
-
-
-
51 070
total
-
-
-
59 363
Employee
56 102
-
150 534
-
pensions
4 762
-
10 079
-
income
10 104
-
40 723
-
health
814
-
2 118
-
total
15 680
-
52 920
-
Employer
56 102
-
150 534
-
pensions
6 073
-
19 106
-
health
1 066
-
2 860
-
total
7 139
-
21 966
-
Corporate
109 260
172 500
-
-
income

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

20 760
32 775
-
-
total
20 760
32 775
-
-
Dividends
88 500
139 725
-
-
withholding
11 958
28 607
-
-
total
11 958
28 607
-
-
Income
172 500
172 500
172 500
172 500
Total tax
55 537
61 382
74 886
59 363
After tax
116 963
111 118
97 614
113 137
Living cost
40 421
40 421
40 421
40 421
Free-cash
76 542
70 697
57 193
72 716

Estimated living cost  is ₽40421 per week

₽30283
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3030
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6685
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67743
₽38175
₽59962
₽7735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
3 276
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.

-
-
-
3 450
pensions
-
-
-
15 871
city
-
-
-
1 818
health
-
-
-
387
regional
-
-
-
8 811
total
-
-
-
33 613
Employee
83 257
-
154 399
-
city
894
-
1 659
-
pensions
6 995
-
12 968
-
health
188
-
347
-
regional
2 726
-
7 603
-
unemployment
-
-
-
-
national
394
-
2 414
-
total
11 197
-
24 991
-
Employer
83 257
-
154 399
-
pensions
6 995
-
12 968
-
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.

1 665
-
3 088
-
health
188
-
347
-
unemployment
-
-
-
-
total
8 848
-
16 403
-
Corporate
79 480
172 500
-
-
national
6 755
14 662
-
-
regional
16 811
36 485
-
-
total
23 566
51 147
-
-
Dividends
55 914
121 354
-
-
withholding
19 570
42 474
-
-
total
19 570
42 474
-
-
Income
172 500
172 500
172 500
172 500
Total tax
63 181
93 621
41 394
33 613
After tax
109 319
78 879
131 106
138 887
Living cost
71 144
71 144
71 144
71 144
Free-cash
38 175
7 735
59 962
67 743

Estimated living cost  is ₽71144 per week

₽46264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6384
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽873
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽17622
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽45078
₽58879
₽67569
₽44450
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 028
trade
-
-
-
22 491
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.

-
-
-
55 075
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.

-
-
-
6 077
total
-
-
-
86 671
Employee

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

53 461
-
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.

6 287
-
55 075
-
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.

6 077
-
6 077
-
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.

346
-
3 028
-
total
12 710
-
64 180
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
119 039
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.

982
1 423
-
-
income
17 855
25 875
-
-
trade
20 414
29 584
-
-
chamber of commerce
302
378
-
-
total
39 553
57 260
-
-
Dividends
79 485
115 239
-
-
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.

1 074
1 567
-
-
withholding
19 533
28 472
-
-
total
20 607
30 039
-
-
Income
172 500
172 500
172 500
172 500
Total tax
72 870
87 299
64 180
86 671
After tax
99 630
85 201
108 320
85 829
Living cost
40 751
40 751
40 751
40 751
Free-cash
58 879
44 450
67 569
45 078

Estimated living cost  is ₽40751 per week

₽29763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66351
₽61761
₽62568
₽56505
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 348
surtax
-
-
-
-
pensions
-
-
-
29 252
social contributions
-
-
-
4 916
income
-
-
-
28 409
health
-
-
-
7 789
total
-
-
-
75 714
Employee
38 072
-
132 782
-
pensions
4 305
-
9 533
-
income
2 247
-
26 467
-
social contributions
1 085
-
3 783
-
surtax
-
-
-
-
total
7 637
-
39 783
-
Employer
38 072
-
132 782
-
pensions
6 254
-
15 992
-
other
1 313
-
5 306
-
social contributions
115
-
398
-
health
2 666
-
12 640
-
unemployment
1 541
-
5 378
-
total
11 889
-
39 714
-
Corporate
122 539
172 500
-
-
surtax
-
-
-
-
income
34 311
48 300
-
-
total
34 311
48 300
-
-
Dividends
88 228
124 200
-
-
surtax
-
-
-
-
withholding
11 293
15 897
-
-
social contributions
15 174
21 363
-
-
total
26 467
37 260
-
-
Income
172 500
172 500
172 500
172 500
Total tax
80 304
85 560
79 497
75 714
After tax
92 196
86 940
93 003
96 786
Living cost
30 435
30 435
30 435
30 435
Free-cash
61 761
56 505
62 568
66 351

Estimated living cost  is ₽30435 per week

₽19190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2475
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8253
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69367
₽64462
₽65584
₽59521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 348
surtax
-
-
-
-
pensions
-
-
-
29 252
social contributions
-
-
-
4 916
income
-
-
-
28 409
health
-
-
-
7 789
total
-
-
-
75 714
Employee
33 985
-
132 782
-
pensions
3 844
-
9 533
-
income
1 752
-
26 467
-
social contributions
969
-
3 783
-
surtax
-
-
-
-
total
6 565
-
39 783
-
Employer
33 985
-
132 782
-
pensions
5 584
-
15 992
-
other
1 173
-
5 306
-
social contributions
101
-
398
-
health
2 379
-
12 640
-
unemployment
1 376
-
5 378
-
total
10 613
-
39 714
-
Corporate
127 902
172 500
-
-
surtax
-
-
-
-
income
35 813
48 300
-
-
total
35 813
48 300
-
-
Dividends
92 089
124 200
-
-
surtax
-
-
-
-
withholding
11 788
15 897
-
-
social contributions
15 840
21 363
-
-
total
27 628
37 260
-
-
Income
172 500
172 500
172 500
172 500
Total tax
80 619
85 560
79 497
75 714
After tax
91 881
86 940
93 003
96 786
Living cost
27 419
27 419
27 419
27 419
Free-cash
64 462
59 521
65 584
69 367

Estimated living cost  is ₽27419 per week

₽15902
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91915
₽86840
₽87894
₽86376
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
social contributions
-
-
-
23 806
income
-
-
-
25 875
health
-
-
-
12 041
total
-
-
-
61 722
Employee
30 161
-
172 500
-
income
5 031
-
29 896
-
social contributions
4 163
-
23 806
-
health
2 105
-
12 041
-
total
11 299
-
65 743
-
Employer
30 161
-
172 500
-
total
-
-
-
-
Corporate
142 339
172 500
-
-
income

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

7 117
8 625
-
-
total
7 117
8 625
-
-
Dividends
135 221
163 875
-
-
health
9 438
11 439
-
-
withholding
20 283
24 581
-
-
social contributions
18 660
22 616
-
-
total
48 381
58 636
-
-
Income
172 500
172 500
172 500
172 500
Total tax
66 797
67 261
65 743
61 722
After tax
105 703
105 239
106 757
110 778
Living cost
18 863
18 863
18 863
18 863
Free-cash
86 840
86 376
87 894
91 915

Estimated living cost  is ₽18863 per week

₽12624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57234
₽62570
₽14171
₽63948
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
176
chamber of commerce
-
-
-
690
pensions
-
-
-
19 226
income
-
-
-
50 424
health
-
-
-
7 949
unemployment
-
-
-
5 456
total
-
-
-
83 921
Employee
44 456
35 450
139 798
-
pensions
4 553
3 629
10 642
-
income
5 061
2 615
41 357
-
other
444
355
1 040
-
health
1 720
1 372
4 021
-
unemployment
1 334
1 064
3 118
-
total
13 112
9 035
60 178
-
Employer
44 456
35 450
139 798
-
surtax
176
176
176
-
pensions
5 579
4 450
13 042
-
other
2 112
1 683
6 335
-
health
1 680
1 340
3 928
-
unemployment
1 334
1 064
3 118
-
chamber of commerce
177
142
559
-
payroll
1 334
1 064
4 193
-
accident
577
461
1 350
-
total
12 969
10 380
32 701
-
Corporate
115 076
126 671
136 422
-
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.

28 769
31 667
34 105
-
total
28 769
31 667
34 105
-
Dividends
86 307
95 004
-
-
withholding
23 735
26 125
-
-
total
23 735
26 125
-
-
Income
172 500
172 500
172 500
172 500
Total tax
78 585
77 207
126 984
83 921
After tax
93 915
95 293
45 516
88 579
Living cost
31 345
31 345
31 345
31 345
Free-cash
62 570
63 948
14 171
57 234

Estimated living cost  is ₽31345 per week

₽20906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2674
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.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42452
₽50665
₽27419
₽63769
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
66 415
communal

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

-
-
-
9 020
social contributions
-
-
-
22 178
total
-
-
-
97 613
Employee

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

63 631
-
133 604
-
pensions

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

4 772
-
10 021
-
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.

2 990
-
6 280
-
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.

554
-
1 163
-
national
19 563
-
49 325
-
communal

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

3 319
-
6 969
-
total
31 198
-
73 758
-
Employer

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

63 631
-
133 604
-
surtax
7 215
-
15 149
-
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.

5 638
-
11 837
-
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.

3 913
-
8 216
-
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.

928
-
1 951
-
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.

827
-
1 735
-
total
18 521
-
38 888
-
Corporate
90 347
172 500
-
-
surtax
361
697
-
-
income
18 070
34 833
-
-
total
18 431
35 530
-
-
Dividends
71 916
136 970
-
-
withholding

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

21 250
40 766
-
-
total
21 250
40 766
-
-
Income
172 500
172 500
172 500
172 500
Total tax
89 400
76 296
112 646
97 613
After tax
83 100
96 204
59 854
74 887
Living cost
32 435
32 435
32 435
32 435
Free-cash
50 665
63 769
27 419
42 452

Estimated living cost  is ₽32435 per week

₽20892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2836
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8199
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64504
₽76571
₽60772
₽82666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
83
pensions
-
-
-
23 333
income
-
-
-
51 134
accident
-
-
-
743
unemployment
-
-
-
577
total
-
-
-
75 870
Employee
44 280
-
146 214
-
pensions
2 081
-
3 876
-
income
9 343
-
48 080
-
other
44
-
83
-
unemployment
687
-
1 278
-
total
12 155
-
53 317
-
Employer
44 280
-
146 214
-
pensions
10 449
-
19 459
-
other
353
-
660
-
unemployment
2 436
-
4 534
-
accident
876
-
1 632
-
total
14 114
-
26 285
-
Corporate
114 105
172 500
-
-
income

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

17 116
25 875
-
-
total
17 116
25 875
-
-
Dividends
96 990
146 625
-
-
withholding
20 418
31 833
-
-
total
20 418
31 833
-
-
Income
172 500
172 500
172 500
172 500
Total tax
63 803
57 708
79 602
75 870
After tax
108 697
114 792
92 898
96 630
Living cost
32 126
32 126
32 126
32 126
Free-cash
76 571
82 666
60 772
64 504

Estimated living cost  is ₽32126 per week

₽23657
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.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35173
₽39535
₽42051
₽51401
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
8 552
communal
-
-
-
10 902
pensions
-
-
-
25 855
income
-
-
-
30 100
accident
-
-
-
1 455
health
-
-
-
12 121
total
-
-
-
88 985
Employee
67 366
-
154 086
-
pensions
5 388
-
12 327
-
income
6 507
-
35 067
-
health
2 998
-
6 857
-
surtax
4 129
-
9 443
-
total
19 022
-
63 694
-
Employer
67 366
-
154 086
-
pensions
5 388
-
12 327
-
health
2 054
-
4 700
-
accident
606
-
1 386
-
total
8 048
-
18 413
-
Corporate
97 085
172 500
-
-
surtax
1 020
1 811
-
-
income
14 563
25 875
-
-
communal
6 553
11 643
-
-
total
22 136
39 329
-
-
Dividends
74 949
133 170
-
-
income
24 174
13 453
-
-
withholding
11 243
19 975
-
-
total
35 417
33 428
-
-
Income
172 500
172 500
172 500
172 500
Total tax
84 623
72 757
82 107
88 985
After tax
87 877
99 743
90 393
83 515
Living cost
48 342
48 342
48 342
48 342
Free-cash
39 535
51 401
42 051
35 173

Estimated living cost  is ₽48342 per week

₽36264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61438
₽85692
₽56001
₽88521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
surtax
-
-
-
8 140
pensions
-
-
-
23 745
income
-
-
-
50 564
health
-
-
-
8 429
unemployment
-
-
-
203
total
-
-
-
91 081
Employee
29 957
-
147 509
-
pensions
1 999
-
7 919
-
income
5 022
-
45 243
-
other
-
-
-
-
health
765
-
3 027
-
unemployment
2 085
-
8 263
-
surtax
106
-
7 075
-
total
9 977
-
71 527
-
Employer
29 957
-
147 509
-
pensions
3 994
-
15 826
-
other
-
-
-
-
health
1 362
-
5 402
-
unemployment
950
-
3 763
-
total
6 306
-
24 991
-
Corporate
136 236
172 500
-
-
income
35 422
44 850
-
-
total
35 422
44 850
-
-
Dividends
100 814
127 650
-
-
withholding
15 122
19 148
-
-
total
15 122
19 148
-
-
Income
172 500
172 500
172 500
172 500
Total tax
66 827
63 998
96 518
91 081
After tax
105 673
108 502
75 982
81 419
Living cost
19 981
19 981
19 981
19 981
Free-cash
85 692
88 521
56 001
61 438

Estimated living cost  is ₽19981 per week

₽12063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
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.
₽5718
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56977
₽64731
₽49255
₽66708
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
43 567
social contributions
-
-
-
44 367
municipal
-
-
-
1 025
regional
-
-
-
2 601
total
-
-
-
91 560
Employee
49 345
-
172 500
-
social contributions
16 640
-
58 167
-
municipal
262
-
915
-
regional
664
-
2 320
-
national
7 818
-
37 880
-
total
25 384
-
99 282
-
Employer
49 345
-
172 500
-
total
-
-
-
-
Corporate
123 155
172 500
-
-
municipal
6 121
8 574
-
-
nationa
29 557
41 399
-
-
total
35 678
49 973
-
-
Dividends
87 476
122 527
-
-
withholding
22 744
31 856
-
-
total
22 744
31 856
-
-
Income
172 500
172 500
172 500
172 500
Total tax
83 806
81 829
99 282
91 560
After tax
88 694
90 671
73 218
80 940
Living cost
23 963
23 963
23 963
23 963
Free-cash
64 731
66 708
49 255
56 977

Estimated living cost  is ₽23963 per week

₽14903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72056
₽81889
₽64842
₽91585
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 740
income
-
-
-
17 621
health
-
-
-
23 288
solidarity contribution
-
-
-
614
total
-
-
-
73 263
Employee
39 972
-
133 326
-
income
4 797
-
16 239
-
social contributions
2 598
-
7 065
-
solidarity contribution
-
-
-
-
health
5 396
-
17 999
-
total
12 791
-
41 303
-
Employer
39 972
-
133 326
-
social contributions
9 993
-
27 175
-
health
3 597
-
11 999
-
total
13 590
-
39 174
-
Corporate
118 937
172 500
-
-
income
22 598
32 775
-
-
total
22 598
32 775
-
-
Dividends
96 339
139 725
-
-
withholding
14 451
20 959
-
-
total
14 451
20 959
-
-
Income
172 500
172 500
172 500
172 500
Total tax
63 430
53 734
80 477
73 263
After tax
109 070
118 766
92 023
99 237
Living cost
27 181
27 181
27 181
27 181
Free-cash
81 889
91 585
64 842
72 056

Estimated living cost  is ₽27181 per week

₽20214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60375
₽66571
₽17180
₽67008
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
chamber of commerce
-
-
-
690
pensions
-
-
-
19 226
income
-
-
-
50 424
health
-
-
-
7 949
unemployment
-
-
-
5 456
total
-
-
-
83 745
Employee
38 885
35 450
139 962
-
pensions
3 982
3 629
10 642
-
income
3 464
2 615
41 435
-
other
388
355
1 040
-
health
1 504
1 372
4 021
-
unemployment
1 166
1 064
3 118
-
total
10 504
9 035
60 256
-
Employer
38 885
35 450
139 962
-
surtax
-
-
-
-
pensions
4 880
4 450
13 042
-
other
1 847
1 683
6 341
-
health
1 470
1 340
3 928
-
unemployment
1 166
1 064
3 118
-
chamber of commerce
155
142
560
-
payroll
1 166
1 064
4 198
-
accident
505
461
1 350
-
total
11 189
10 204
32 537
-
Corporate
122 424
126 847
136 585
-
income

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

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

30 605
31 711
34 147
-
total
30 605
31 711
34 147
-
Dividends
91 819
95 136
-
-
withholding
25 251
26 162
-
-
total
25 251
26 162
-
-
Income
172 500
172 500
172 500
172 500
Total tax
77 549
77 112
126 940
83 745
After tax
94 951
95 388
45 560
88 755
Living cost
28 380
28 380
28 380
28 380
Free-cash
66 571
67 008
17 180
60 375

Estimated living cost  is ₽28380 per week

₽17025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7951
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159428
₽150400
₽126653
₽152528
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
172 500
microenterprise

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

-
-
-
1 725
total
-
-
-
1 725
Employee
14 184
-
172 500
-
income
2 837
-
34 500
-
total
2 837
-
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%.

158 316
172 500
-
-
total
-
-
-
-
Dividends
158 316
172 500
-
-
withholding
7 916
8 625
-
-
total
7 916
8 625
-
-
Income
172 500
172 500
172 500
172 500
Total tax
10 753
8 625
34 500
1 725
After tax
161 747
163 875
138 000
170 775
Living cost
11 347
11 347
11 347
11 347
Free-cash
150 400
152 528
126 653
159 428

Estimated living cost  is ₽11347 per week

₽7678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽476
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59140
₽87464
₽55020
₽94905
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
31 504
income
-
-
-
40 764
health
-
-
-
16 974
unemployment
-
-
-
258
total
-
-
-
89 500
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.

39 337
-
149 261
-
pensions
6 097
-
23 136
-
income
6 784
-
37 396
-
health
2 541
-
9 641
-
unemployment
56
-
209
-
total
15 478
-
70 382
-
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.

39 337
-
149 261
-
pensions
3 481
-
13 209
-
health
2 620
-
9 940
-
unemployment
24
-
89
-
total
6 125
-
23 238
-
Corporate
127 039
172 500
-
-
income
24 137
32 775
-
-
total
24 137
32 775
-
-
Dividends
102 902
139 725
-
-
withholding
15 436
20 960
-
-
total
15 436
20 960
-
-
Income
172 500
172 500
172 500
172 500
Total tax
61 176
53 735
93 620
89 500
After tax
111 324
118 765
78 880
83 000
Living cost
23 860
23 860
23 860
23 860
Free-cash
87 464
94 905
55 020
59 140

Estimated living cost  is ₽23860 per week

₽16375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1529
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77757
₽17797
₽118407
₽63495
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
social contributions
-
-
-
19 665
income
-
-
-
33 624
total
-
-
-
53 289
Employee
59 440
-
-
-
income
13 111
-
-
-
social contributions
4 874
-
695
-
total
17 985
-
695
-
Employer
59 440
-
-
-
social contributions
83 810
-
11 944
-
total
83 810
-
11 944
-
Corporate
29 250
172 500
-
-
income
6 435
37 950
-
-
total
6 435
37 950
-
-
Dividends
22 815
134 550
-
-
income
5 019
29 601
-
-
total
5 019
29 601
-
-
Income
172 500
172 500
172 500
172 500
Total tax
113 249
67 551
12 639
53 289
After tax
59 251
104 949
159 861
119 211
Living cost
41 454
41 454
41 454
41 454
Free-cash
17 797
63 495
118 407
77 757

Estimated living cost  is ₽41454 per week

₽26897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63466
₽69319
₽50386
₽70216
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
59 943
income
-
-
-
21 188
total
-
-
-
81 131
Employee
40 913
-
139 394
-
income
8 510
-
45 772
-
social contributions
4 501
-
15 333
-
surtax
-
-
-
-
total
13 011
-
61 105
-
Employer
40 913
-
139 394
-
social contributions
9 717
-
33 106
-
total
9 717
-
33 106
-
Corporate
121 870
172 500
-
-
surtax
-
-
-
-
income
25 593
36 225
-
-
total
25 593
36 225
-
-
Dividends
96 277
136 275
-
-
withholding
26 957
38 156
-
-
total
26 957
38 156
-
-
Income
172 500
172 500
172 500
172 500
Total tax
75 278
74 381
94 211
81 131
After tax
97 222
98 119
78 289
91 369
Living cost
27 903
27 903
27 903
27 903
Free-cash
69 319
70 216
50 386
63 466

Estimated living cost  is ₽27903 per week

₽20877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1646
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4914
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53821
₽50088
₽50038
₽43975
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 348
surtax
-
-
-
-
pensions
-
-
-
29 252
social contributions
-
-
-
4 916
income
-
-
-
28 409
health
-
-
-
7 789
total
-
-
-
75 714
Employee
55 715
-
132 782
-
pensions
6 302
-
9 533
-
income
4 861
-
26 467
-
social contributions
1 587
-
3 783
-
surtax
-
-
-
-
total
12 750
-
39 783
-
Employer
55 715
-
132 782
-
pensions
9 155
-
15 992
-
other
1 923
-
5 306
-
social contributions
167
-
398
-
health
3 900
-
12 640
-
unemployment
2 257
-
5 378
-
total
17 402
-
39 714
-
Corporate
99 384
172 500
-
-
surtax
-
-
-
-
income
27 827
48 300
-
-
total
27 827
48 300
-
-
Dividends
71 557
124 200
-
-
surtax
-
-
-
-
withholding
9 160
15 897
-
-
social contributions
12 308
21 363
-
-
total
21 468
37 260
-
-
Income
172 500
172 500
172 500
172 500
Total tax
79 447
85 560
79 497
75 714
After tax
93 053
86 940
93 003
96 786
Living cost
42 965
42 965
42 965
42 965
Free-cash
50 088
43 975
50 038
53 821

Estimated living cost  is ₽42965 per week

₽29078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9783
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99758
₽125521
₽104341
₽128509
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 950
income
-
-
-
8 052
total
-
-
-
46 002
Employee
28 598
-
149 351
-
social contributions
1 859
-
9 708
-
income
-
-
8 562
-
total
1 859
-
18 270
-
Employer
28 598
-
149 351
-
social contributions
4 433
-
23 149
-
total
4 433
-
23 149
-
Corporate
139 469
172 500
-
-
income
13 947
17 251
-
-
total
13 947
17 251
-
-
Dividends
125 521
155 249
-
-
total
-
-
-
-
Income
172 500
172 500
172 500
172 500
Total tax
20 239
17 251
41 419
46 002
After tax
152 261
155 249
131 081
126 498
Living cost
26 740
26 740
26 740
26 740
Free-cash
125 521
128 509
104 341
99 758

Estimated living cost  is ₽26740 per week

₽17290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2016
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.
₽6931
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58042
-₽20977
-₽20977
-₽20977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
20 774
labour market
-
-
-
13 738
pensions
-
-
-
770
municipal
-
-
-
36 410
total
-
-
-
71 692
Employee
180 506
180 506
180 506
-
pensions
257
257
257
-
labour market
14 420
14 420
14 420
-
municipal
38 438
38 438
38 438
-
national
22 052
22 052
22 052
-
total
75 167
75 167
75 167
-
Employer
180 506
180 506
180 506
-
labour market
14 441
14 441
14 441
-
pensions
513
513
513
-
national
22 091
22 091
22 091
-
municipal
38 499
38 499
38 499
-
total
75 544
75 544
75 544
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
172 500
172 500
172 500
172 500
Total tax
150 711
150 711
150 711
71 692
After tax
21 789
21 789
21 789
100 808
Living cost
42 766
42 766
42 766
42 766
Free-cash
-20 977
-20 977
-20 977
58 042

Estimated living cost  is ₽42766 per week

₽29270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98337
₽10975
₽74647
-₽5561
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
334
pensions
-
-
-
3 750
income
-
-
-
48 352
accident
-
-
-
228
health
-
-
-
1 965
total
-
-
-
54 629
Employee
30 728
-
156 138
-
pensions
3 460
-
6 875
-
income
4 216
-
37 203
-
health
3 519
-
17 878
-
total
11 195
-
61 956
-
Employer
30 728
-
156 138
-
pensions
4 996
-
9 929
-
unemployment
753
-
3 826
-
accident
513
-
2 608
-
total
6 262
-
16 363
-
Corporate
135 510
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.

121 959
155 250
-
-
total
121 959
155 250
-
-
Dividends
13 551
17 250
-
-
withholding
2 575
3 277
-
-
total
2 575
3 277
-
-
Income
172 500
172 500
172 500
172 500
Total tax
141 991
158 527
78 319
54 629
After tax
30 509
13 973
94 181
117 871
Living cost
19 534
19 534
19 534
19 534
Free-cash
10 975
-5 561
74 647
98 337

Estimated living cost  is ₽19534 per week

₽14218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1114
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3835
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74811
₽75573
₽55051
₽72957
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
30 611
municipal
-
-
-
30 639
health
-
-
-
2 286
total
-
-
-
63 536
Employee
46 802
-
145 115
-
pensions
3 158
-
9 796
-
health
349
-
1 864
-
municipal
7 666
-
23 630
-
unemployment
702
-
2 176
-
national
773
-
18 445
-
total
12 648
-
55 911
-
Employer
46 802
-
145 115
-
pensions
8 120
-
25 178
-
health
360
-
1 118
-
unemployment
304
-
944
-
accident
47
-
145
-
total
8 831
-
27 385
-
Corporate
116 868
172 500
-
-
income
23 374
34 500
-
-
total
23 374
34 500
-
-
Dividends

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

70 121
103 500
-
-
municipal
12 622
18 630
-
-
national
5 299
12 260
-
-
total
17 921
30 890
-
-
Income
172 500
172 500
172 500
172 500
Total tax
62 774
65 390
83 296
63 536
After tax
109 726
107 110
89 204
108 964
Living cost
34 153
34 153
34 153
34 153
Free-cash
75 573
72 957
55 051
74 811

Estimated living cost  is ₽34153 per week

₽22308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3285
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.
₽8017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96515
₽100351
₽95042
₽105193
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 393
income
-
-
-
36 597
health
-
-
-
4 399
total
-
-
-
55 389
Employee
68 403
68 403
161 848
-
income
7 448
6 332
35 801
-
social contributions
2 586
5 677
7 657
-
health
530
1 163
2 752
-
total
10 564
13 172
46 210
-
Employer
68 403
68 403
161 848
-
social contributions
2 586
5 677
7 657
-
health
576
1 266
2 995
-
total
3 162
6 943
10 652
-
Corporate
138 178
97 154
-
-
income
17 273
12 144
-
-
total
17 273
12 144
-
-
Dividends
120 905
85 009
-
-
withholding
20 554
14 452
-
-
total
20 554
14 452
-
-
Income
172 500
172 500
172 500
172 500
Total tax
51 553
46 711
56 862
55 389
After tax
120 947
125 789
115 638
117 111
Living cost
20 596
20 596
20 596
20 596
Free-cash
100 351
105 193
95 042
96 515

Estimated living cost  is ₽20596 per week

₽12343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2021
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131792
₽124199
₽113949
₽128722
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
5 659
income
-
-
-
17 681
health
-
-
-
3 219
unemployment
-
-
-
25
total
-
-
-
26 584
Employee

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

20 419
-
163 806
-
pensions
3 062
-
12 661
-
income
1 396
-
15 477
-
health
1 735
-
7 174
-
unemployment
101
-
422
-
total
6 294
-
35 734
-
Employer

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

20 419
-
163 806
-
pensions
1 123
-
4 642
-
health
878
-
3 629
-
unemployment
101
-
422
-
total
2 102
-
8 693
-
Corporate
149 980
172 500
-
-
income
13 498
15 526
-
-
total
13 498
15 526
-
-
Dividends
136 482
156 974
-
-
withholding
12 283
14 128
-
-
total
12 283
14 128
-
-
Income
172 500
172 500
172 500
172 500
Total tax
34 177
29 654
44 427
26 584
After tax
138 323
142 846
128 073
145 916
Living cost
14 124
14 124
14 124
14 124
Free-cash
124 199
128 722
113 949
131 792

Estimated living cost  is ₽14124 per week

₽9011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1018
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽420
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72168
₽86401
₽68436
₽90330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
83
pensions
-
-
-
23 333
income
-
-
-
51 134
accident
-
-
-
743
unemployment
-
-
-
577
total
-
-
-
75 870
Employee
32 892
-
146 214
-
pensions
1 546
-
3 876
-
income
6 341
-
48 080
-
other
32
-
83
-
unemployment
510
-
1 278
-
total
8 429
-
53 317
-
Employer
32 892
-
146 214
-
pensions
7 762
-
19 459
-
other
263
-
660
-
unemployment
1 810
-
4 534
-
accident
652
-
1 632
-
total
10 487
-
26 285
-
Corporate
129 121
172 500
-
-
income

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

19 368
25 875
-
-
total
19 368
25 875
-
-
Dividends
109 753
146 625
-
-
withholding
23 353
31 833
-
-
total
23 353
31 833
-
-
Income
172 500
172 500
172 500
172 500
Total tax
61 637
57 708
79 602
75 870
After tax
110 863
114 792
92 898
96 630
Living cost
24 462
24 462
24 462
24 462
Free-cash
86 401
90 330
68 436
72 168

Estimated living cost  is ₽24462 per week

₽16511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109580
₽105773
₽109468
₽106037
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
pensions
-
-
-
1 169
income
-
-
-
59 300
health
-
-
-
848
total
-
-
-
61 317
Employee
2 441
-
171 185
-
pensions
220
-
526
-
income
472
-
59 238
-
health
122
-
292
-
unemployment
24
-
58
-
total
838
-
60 114
-
Employer
2 441
-
171 185
-
pensions
269
-
643
-
health
232
-
555
-
unemployment
49
-
117
-
total
550
-
1 315
-
Corporate
169 510
172 500
-
-
income
37 292
37 950
-
-
total
37 292
37 950
-
-
Dividends
132 218
134 550
-
-
withholding
26 444
26 910
-
-
total
26 444
26 910
-
-
Income
172 500
172 500
172 500
172 500
Total tax
65 124
64 860
61 429
61 317
After tax
107 376
107 640
111 071
111 183
Living cost
1 603
1 603
1 603
1 603
Free-cash
105 773
106 037
109 468
109 580

Estimated living cost  is ₽1603 per week

₽952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽130
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽37
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92938
₽104913
₽92937
₽109281
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
17 055
income
-
-
-
39 417
health
-
-
-
6 756
unemployment
-
-
-
984
total
-
-
-
64 212
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.

23 147
-
160 758
-
pensions
3 241
-
9 184
-
income
3 191
-
39 417
-
health
1 192
-
3 378
-
unemployment
174
-
492
-
total
7 798
-
52 471
-
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.

23 147
-
160 758
-
pensions
2 778
-
7 872
-
health
1 192
-
3 378
-
unemployment
174
-
492
-
total
4 144
-
11 742
-
Corporate
145 210
172 500
-
-
income
21 781
25 875
-
-
total
21 781
25 875
-
-
Dividends
123 428
146 625
-
-
withholding
18 514
21 994
-
-
total
18 514
21 994
-
-
Income
172 500
172 500
172 500
172 500
Total tax
52 237
47 869
64 213
64 212
After tax
120 263
124 631
108 287
108 288
Living cost
15 350
15 350
15 350
15 350
Free-cash
104 913
109 281
92 937
92 938

Estimated living cost  is ₽15350 per week

₽10335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3383
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67387
₽73816
₽54307
₽74137
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
59 943
income
-
-
-
21 188
total
-
-
-
81 131
Employee
34 526
-
139 394
-
income
6 746
-
45 772
-
social contributions
3 798
-
15 333
-
surtax
-
-
-
-
total
10 544
-
61 105
-
Employer
34 526
-
139 394
-
social contributions
8 199
-
33 106
-
total
8 199
-
33 106
-
Corporate
129 775
172 500
-
-
surtax
-
-
-
-
income
27 253
36 225
-
-
total
27 253
36 225
-
-
Dividends
102 522
136 275
-
-
withholding
28 706
38 156
-
-
total
28 706
38 156
-
-
Income
172 500
172 500
172 500
172 500
Total tax
74 702
74 381
94 211
81 131
After tax
97 798
98 119
78 289
91 369
Living cost
23 982
23 982
23 982
23 982
Free-cash
73 816
74 137
54 307
67 387

Estimated living cost  is ₽23982 per week

₽16986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1666
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.
₽4906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65367
₽77708
₽61635
₽83529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
83
pensions
-
-
-
23 333
income
-
-
-
51 134
accident
-
-
-
743
unemployment
-
-
-
577
total
-
-
-
75 870
Employee
42 962
-
146 214
-
pensions
2 019
-
3 876
-
income
8 973
-
48 080
-
other
42
-
83
-
unemployment
665
-
1 278
-
total
11 699
-
53 317
-
Employer
42 962
-
146 214
-
pensions
10 139
-
19 459
-
other
344
-
660
-
unemployment
2 363
-
4 534
-
accident
851
-
1 632
-
total
13 697
-
26 285
-
Corporate
115 841
172 500
-
-
income

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

17 376
25 875
-
-
total
17 376
25 875
-
-
Dividends
98 465
146 625
-
-
withholding
20 757
31 833
-
-
total
20 757
31 833
-
-
Income
172 500
172 500
172 500
172 500
Total tax
63 529
57 708
79 602
75 870
After tax
108 971
114 792
92 898
96 630
Living cost
31 263
31 263
31 263
31 263
Free-cash
77 708
83 529
61 635
65 367

Estimated living cost  is ₽31263 per week

₽22452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122986
₽126728
₽129919
₽132160
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
pensions

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

-
-
-
4 607
income
-
-
-
25 875
health
-
-
-
3 579
unemployment
-
-
-
125
total
-
-
-
34 186
Employee
20 297
-
166 393
-
pensions

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

1 782
-
2 733
-
accident

We are using the highest rate at 1.1%.

223
-
342
-
income
2 030
-
16 639
-
health
934
-
1 432
-
total
4 969
-
21 146
-
Employer
20 297
-
166 393
-
pensions

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

2 237
-
3 430
-
health
1 401
-
2 148
-
unemployment
122
-
187
-
accident

We are using the highest rate at 1.1%.

223
-
342
-
total
3 983
-
6 107
-
Corporate
148 220
172 500
-
-
income
14 822
17 250
-
-
total
14 822
17 250
-
-
Dividends
133 399
155 250
-
-
withholding
6 670
7 762
-
-
total
6 670
7 762
-
-
Income
172 500
172 500
172 500
172 500
Total tax
30 444
25 012
27 253
34 186
After tax
142 056
147 488
145 247
138 314
Living cost
15 328
15 328
15 328
15 328
Free-cash
126 728
132 160
129 919
122 986

Estimated living cost  is ₽15328 per week

₽10138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3948
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55157
₽66044
₽73976
₽54407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 028
trade
-
-
-
18 819
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.

-
-
-
55 075
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.

-
-
-
6 077
total
-
-
-
82 999
Employee

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

44 261
-
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.

3 640
-
55 075
-
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.

6 077
-
6 077
-
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.

201
-
3 028
-
total
9 918
-
64 180
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
128 239
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.

1 058
1 423
-
-
income
19 236
25 875
-
-
trade
18 402
24 754
-
-
chamber of commerce
322
388
-
-
total
39 018
52 440
-
-
Dividends
89 220
120 059
-
-
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.

1 209
1 632
-
-
withholding
21 967
29 677
-
-
total
23 176
31 309
-
-
Income
172 500
172 500
172 500
172 500
Total tax
72 112
83 749
64 180
82 999
After tax
100 388
88 751
108 320
89 501
Living cost
34 344
34 344
34 344
34 344
Free-cash
66 044
54 407
73 976
55 157

Estimated living cost  is ₽34344 per week

₽23691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3695
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.
₽6459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38386
₽72041
₽38386
₽70078
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 296
social contributions
-
-
-
29 145
total
-
-
-
83 441
Employee
69 584
-
172 500
-
income
13 130
-
54 296
-
social contributions
5 781
-
29 145
-
total
18 911
-
83 441
-
Employer
69 584
-
172 500
-
total
-
-
-
-
Corporate
102 916
172 500
-
-
income
12 865
21 562
-
-
total
12 865
21 562
-
-
Dividends
90 051
150 938
-
-
withholding
18 010
30 187
-
-
total
18 010
30 187
-
-
Income
172 500
172 500
172 500
172 500
Total tax
49 786
51 749
83 441
83 441
After tax
122 714
120 751
89 059
89 059
Living cost
50 673
50 673
50 673
50 673
Free-cash
72 041
70 078
38 386
38 386

Estimated living cost  is ₽50673 per week

₽38551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108908
₽78242
₽89395
₽75134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 875
health

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

-
-
-
5 426
total
-
-
-
31 301
Employee
40 808
-
168 408
-
social contributions
4 089
-
4 092
-
income
4 428
-
42 630
-
total
8 517
-
46 722
-
Employer
40 808
-
168 408
-
social contributions
4 089
-
4 092
-
total
4 089
-
4 092
-
Corporate
127 604
172 500
-
-
income
44 661
60 375
-
-
total
44 661
60 375
-
-
Dividends
82 943
112 125
-
-
social contributions
4 700
4 700
-
-
total
4 700
4 700
-
-
Income
172 500
172 500
172 500
172 500
Total tax
61 967
65 075
50 814
31 301
After tax
110 533
107 425
121 686
141 199
Living cost
32 291
32 291
32 291
32 291
Free-cash
78 242
75 134
89 395
108 908

Estimated living cost  is ₽32291 per week

₽21270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80276
₽83497
₽64753
₽78257
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
pensions
-
-
-
8 293
income
-
-
-
51 070
total
-
-
-
59 363
Employee
45 107
-
150 534
-
pensions
3 443
-
10 079
-
income
8 214
-
40 723
-
health
588
-
2 118
-
total
12 245
-
52 920
-
Employer
45 107
-
150 534
-
pensions
4 557
-
19 106
-
health
857
-
2 860
-
total
5 414
-
21 966
-
Corporate
121 979
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.

23 176
32 775
-
-
total
23 176
32 775
-
-
Dividends
98 803
139 725
-
-
withholding
15 307
28 607
-
-
total
15 307
28 607
-
-
Income
172 500
172 500
172 500
172 500
Total tax
56 142
61 382
74 886
59 363
After tax
116 358
111 118
97 614
113 137
Living cost
32 861
32 861
32 861
32 861
Free-cash
83 497
78 257
64 753
80 276

Estimated living cost  is ₽32861 per week

₽22542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3022
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6884
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

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Warsaw , Poland
₽96403
₽10680
₽72713
-₽7495
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
334
pensions
-
-
-
3 750
income
-
-
-
48 352
accident
-
-
-
228
health
-
-
-
1 965
total
-
-
-
54 629
Employee
33 769
-
156 138
-
pensions
3 802
-
6 875
-
income
4 633
-
37 203
-
health
3 866
-
17 878
-
total
12 301
-
61 956
-
Employer
33 769
-
156 138
-
pensions
5 491
-
9 929
-
unemployment
827
-
3 826
-
accident
564
-
2 608
-
total
6 882
-
16 363
-
Corporate
131 849
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.

118 664
155 250
-
-
total
118 664
155 250
-
-
Dividends
13 185
17 250
-
-
withholding
2 505
3 277
-
-
total
2 505
3 277
-
-
Income
172 500
172 500
172 500
172 500
Total tax
140 352
158 527
78 319
54 629
After tax
32 148
13 973
94 181
117 871
Living cost
21 468
21 468
21 468
21 468
Free-cash
10 680
-7 495
72 713
96 403

Estimated living cost  is ₽21468 per week

₽15755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

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Skopje , Macedonia
₽92772
₽129010
₽112297
₽119969
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
26 128
work injury
-
-
-
710
health insurance
-
-
-
10 508
income
-
-
-
28 684
unemployment
-
-
-
1 704
total
-
-
-
67 734
Employee

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

19 190
-
172 500
-
pensions
3 531
-
13 064
-
income
1 919
-
28 684
-
health insurance
1 420
-
5 254
-
unemployment
230
-
852
-
work injury
96
-
355
-
total
7 196
-
48 209
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
153 310
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%.

1 533
17 250
-
-
total
1 533
17 250
-
-
Dividends
151 777
155 250
-
-
withholding
22 767
23 287
-
-
total
22 767
23 287
-
-
Income
172 500
172 500
172 500
172 500
Total tax
31 496
40 537
48 209
67 734
After tax
141 004
131 963
124 291
104 766
Living cost
11 994
11 994
11 994
11 994
Free-cash
129 010
119 969
112 297
92 772

Estimated living cost  is ₽11994 per week

₽7430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽374
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

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Rome , Italy
₽44005
₽51378
₽36463
₽55425
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
43 567
social contributions
-
-
-
44 367
municipal
-
-
-
1 153
regional
-
-
-
3 970
total
-
-
-
93 057
Employee
74 960
-
172 500
-
social contributions
25 276
-
58 167
-
municipal
447
-
1 030
-
regional
1 132
-
3 522
-
national
12 668
-
37 880
-
total
39 523
-
100 599
-
Employer
74 960
-
172 500
-
total
-
-
-
-
Corporate
97 540
172 500
-
-
municipal
4 701
8 314
-
-
nationa
23 409
41 399
-
-
total
28 110
49 713
-
-
Dividends
69 429
122 787
-
-
withholding
18 051
31 924
-
-
total
18 051
31 924
-
-
Income
172 500
172 500
172 500
172 500
Total tax
85 684
81 637
100 599
93 057
After tax
86 816
90 863
71 901
79 443
Living cost
35 438
35 438
35 438
35 438
Free-cash
51 378
55 425
36 463
44 005

Estimated living cost  is ₽35438 per week

₽24893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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