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
₽81130
₽59587
₽60584
₽69590
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 012
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.

-
-
-
6 179
trade
-
-
-
20 546
income

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

-
-
-
54 783
total
-
-
-
84 520
Employee

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

34 595
-
172 500
-
health

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

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

6 179
-
6 179
-
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.

966
-
54 783
-
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.

53
-
3 012
-
total
7 198
-
63 974
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
137 905
172 500
-
-
trade
21 720
27 169
-
-
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.

1 138
1 423
-
-
chamber of commerce
335
384
-
-
income
20 686
25 875
-
-
total
43 879
54 851
-
-
Dividends
94 026
117 648
-
-
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.

1 274
1 598
-
-
withholding
23 163
29 068
-
-
total
24 437
30 666
-
-
Income
172 500
172 500
172 500
172 500
Total tax
75 514
85 517
63 974
84 520
After tax
96 986
86 983
108 526
87 980
Living cost
27 396
27 396
27 396
27 396
Free-cash
69 590
59 587
81 130
60 584

Estimated living cost  is ₽27396 per week

₽17233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3194
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.
₽6457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽54013
₽59469
₽53087
₽58668
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
social contributions
-
-
-
1 854
national
-
-
-
29 754
pensions
-
-
-
20 700
municipal
-
-
-
18 934
total
-
-
-
71 242
Employee
74 674
-
149 125
-
pensions
2 987
-
5 965
-
municipal
9 223
-
19 601
-
national
14 293
-
31 217
-
total
26 503
-
56 783
-
Employer
74 674
-
149 125
-
pensions
5 974
-
11 930
-
social contributions
803
-
1 603
-
total
6 777
-
13 533
-
Corporate
86 121
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%.

17 224
34 500
-
-
total
17 224
34 500
-
-
Dividends
68 897
138 000
-
-
withholding
15 157
30 360
-
-
total
15 157
30 360
-
-
Income
172 500
172 500
172 500
172 500
Total tax
65 661
64 860
70 316
71 242
After tax
106 839
107 640
102 184
101 258
Living cost
48 171
48 171
48 171
48 171
Free-cash
58 668
59 469
54 013
53 087

Estimated living cost  is ₽48171 per week

₽32741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽721
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54552
₽119183
₽41842
₽111764
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
34 655
income
-
-
-
33 199
microenterprise
-
-
-
-
total
-
-
-
111 841
Employee
26 430
-
132 011
-
income
4 705
-
27 643
-
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.

2 908
-
11 857
-
surtax
-
-
19 142
-
total
7 613
-
58 642
-
Employer
26 430
-
132 011
-
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.

6 366
-
25 968
-
surtax
-
-
14 521
-
total
6 366
-
40 489
-
Corporate
139 704
172 500
-
-
income

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

27 940
34 500
-
-
total
27 940
34 500
-
-
Dividends

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

111 764
138 000
-
-
total
-
-
-
-
Income
172 500
172 500
172 500
172 500
Total tax
41 919
34 500
99 131
111 841
After tax
130 581
138 000
73 369
60 659
Living cost
18 817
18 817
18 817
18 817
Free-cash
111 764
119 183
54 552
41 842

Estimated living cost  is ₽18817 per week

₽12005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4593
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71314
₽47710
₽56428
₽42168
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
11 153
income
-
-
-
56 432
pensions
-
-
-
10 597
total
-
-
-
78 182
Employee
77 240
77 240
155 691
-
pensions
13 903
10 597
10 597
-
health
11 855
10 084
11 153
-
income

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

12 643
12 643
24 737
-
total
38 401
33 324
46 487
-
Employer
77 240
77 240
155 691
-
unemployment
2 781
2 781
3 455
-
health
5 369
5 369
6 672
-
pensions
5 376
5 376
6 682
-
total
13 526
13 526
16 809
-
Corporate
82 682
81 735
-
-
income
16 536
16 347
-
-
total
16 536
16 347
-
-
Dividends
66 146
65 388
-
-
income
14 056
13 895
-
-
withholding
9 923
9 808
-
-
total
23 979
23 703
-
-
Income
172 500
172 500
172 500
172 500
Total tax
92 442
86 900
63 296
78 182
After tax
80 058
85 600
109 204
94 318
Living cost
37 890
37 890
37 890
37 890
Free-cash
42 168
47 710
71 314
56 428

Estimated living cost  is ₽37890 per week

₽26852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3416
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50289
₽57415
₽51180
₽56589
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
5 029
national
-
-
-
16 726
pensions
-
-
-
8 711
unemployment
-
-
-
81
accident
-
-
-
161
municipal
-
-
-
44 478
other
-
-
-
9 364
total
-
-
-
84 550
Employee
52 394
-
147 180
-
municipal
15 624
-
43 889
-
national
-
-
16 233
-
total
15 624
-
60 122
-
Employer
52 394
-
147 180
-
accident
105
-
161
-
unemployment
1 383
-
2 127
-
health
3 222
-
4 956
-
other
6 088
-
9 364
-
pensions
5 664
-
8 711
-
total
16 462
-
25 319
-
Corporate
103 644
172 500
-
-
income
22 802
37 950
-
-
total
22 802
37 950
-
-
Dividends
80 842
134 550
-
-
withholding
24 253
40 365
-
-
total
24 253
40 365
-
-
Income
172 500
172 500
172 500
172 500
Total tax
79 141
78 315
85 441
84 550
After tax
93 359
94 185
87 059
87 950
Living cost
36 770
36 770
36 770
36 770
Free-cash
56 589
57 415
50 289
51 180

Estimated living cost  is ₽36770 per week

₽24370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72994
₽50561
₽51535
₽63271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 012
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.

-
-
-
6 179
trade
-
-
-
21 459
income

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

-
-
-
54 783
total
-
-
-
85 433
Employee

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

45 868
-
172 500
-
health

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

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

6 179
-
6 179
-
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.

3 941
-
54 783
-
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.

216
-
3 012
-
total
10 336
-
63 974
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
126 632
172 500
-
-
trade
20 831
28 376
-
-
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.

1 045
1 423
-
-
chamber of commerce
318
383
-
-
income
18 994
25 875
-
-
total
41 188
56 057
-
-
Dividends
85 444
116 443
-
-
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.

1 155
1 583
-
-
withholding
21 018
28 767
-
-
total
22 173
30 350
-
-
Income
172 500
172 500
172 500
172 500
Total tax
73 697
86 407
63 974
85 433
After tax
98 803
86 093
108 526
87 067
Living cost
35 532
35 532
35 532
35 532
Free-cash
63 271
50 561
72 994
51 535

Estimated living cost  is ₽35532 per week

₽23764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3747
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.
₽7491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86424
₽96461
₽87906
₽92707
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 634
health
-
-
-
4 399
income
-
-
-
36 224
total
-
-
-
55 257
Employee
69 551
69 551
161 723
-
health
692
1 183
2 750
-
income
7 303
6 438
35 425
-
social contributions
3 380
5 772
7 786
-
total
11 375
13 393
45 961
-
Employer
69 551
69 551
161 723
-
health
754
1 287
2 992
-
social contributions
3 380
5 772
7 786
-
total
4 134
7 059
10 778
-
Corporate
127 655
95 890
-
-
income
15 958
11 986
-
-
total
15 958
11 986
-
-
Dividends
111 697
83 904
-
-
withholding
18 989
14 264
-
-
total
18 989
14 264
-
-
Income
172 500
172 500
172 500
172 500
Total tax
50 456
46 702
56 739
55 257
After tax
122 044
125 798
115 761
117 243
Living cost
29 337
29 337
29 337
29 337
Free-cash
92 707
96 461
86 424
87 906

Estimated living cost  is ₽29337 per week

₽20055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82088
₽78994
₽101588
₽79366
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
12 075
income
-
-
-
21 088
pensions
-
-
-
17 250
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.

25 854
10 290
144 351
-
pensions
2 585
1 029
14 435
-
health
1 810
720
10 105
-
income
3 161
1 258
17 647
-
unemployment
388
154
2 165
-
total
7 944
3 161
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.

25 854
10 290
144 351
-
pensions
5 042
2 006
28 149
-
total
5 042
2 006
28 149
-
Corporate
141 604
160 204
-
-
income
12 744
14 418
-
-
total
12 744
14 418
-
-
Dividends
128 860
145 786
-
-
withholding
24 483
27 699
-
-
social contributions
25 010
28 311
-
-
total
49 493
56 010
-
-
Income
172 500
172 500
172 500
172 500
Total tax
75 223
75 595
72 501
53 001
After tax
97 277
96 905
99 999
119 499
Living cost
17 911
17 911
17 911
17 911
Free-cash
79 366
78 994
82 088
101 588

Estimated living cost  is ₽17911 per week

₽12222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽358
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77581
₽116153
₽70613
₽110535
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
22 425
income
-
-
-
23 115
pensions
-
-
-
34 500
total
-
-
-
80 040
Employee
25 659
-
128 923
-
pensions
513
-
2 578
-
income
2 889
-
24 856
-
unemployment
410
-
2 063
-
total
3 812
-
29 497
-
Employer
25 659
-
128 923
-
unemployment
206
-
1 032
-
health
3 335
-
16 759
-
pensions
5 132
-
25 784
-
total
8 673
-
43 575
-
Corporate
138 168
172 500
-
-
income
27 633
34 500
-
-
total
27 633
34 500
-
-
Dividends
110 535
138 000
-
-
total
-
-
-
-
Income
172 500
172 500
172 500
172 500
Total tax
40 118
34 500
73 072
80 040
After tax
132 382
138 000
99 428
92 460
Living cost
21 847
21 847
21 847
21 847
Free-cash
110 535
116 153
77 581
70 613

Estimated living cost  is ₽21847 per week

₽14984
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74387
-₽5829
₽98070
₽10936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
1 963
income
-
-
-
48 360
pensions
-
-
-
3 745
accident
-
-
-
227
other
-
-
-
334
total
-
-
-
54 629
Employee
31 148
-
156 151
-
pensions
3 507
-
6 867
-
health
3 566
-
17 879
-
income
4 273
-
37 216
-
total
11 346
-
61 962
-
Employer
31 148
-
156 151
-
accident
520
-
2 608
-
unemployment
763
-
3 826
-
pensions
5 065
-
9 916
-
total
6 348
-
16 350
-
Corporate
135 004
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.

121 504
155 250
-
-
total
121 504
155 250
-
-
Dividends
13 501
17 250
-
-
withholding
2 565
3 278
-
-
total
2 565
3 278
-
-
Income
172 500
172 500
172 500
172 500
Total tax
141 763
158 528
78 312
54 629
After tax
30 737
13 972
94 188
117 871
Living cost
19 801
19 801
19 801
19 801
Free-cash
10 936
-5 829
74 387
98 070

Estimated living cost  is ₽19801 per week

₽14512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130155
₽156030
₽162930
₽154559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 805
-
172 500
-
income
1 961
-
34 500
-
total
1 961
-
34 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

162 695
172 500
-
-
total
-
-
-
-
Dividends
162 695
172 500
-
-
withholding
8 135
8 625
-
-
total
8 135
8 625
-
-
Income
172 500
172 500
172 500
172 500
Total tax
10 096
8 625
34 500
1 725
After tax
162 404
163 875
138 000
170 775
Living cost
7 845
7 845
7 845
7 845
Free-cash
154 559
156 030
130 155
162 930

Estimated living cost  is ₽7845 per week

₽4861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽216
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73410
₽102634
₽74905
₽96525
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
6 052
income
-
-
-
27 899
pensions

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

-
-
-
33 010
other
-
-
-
6 533
total
-
-
-
73 494
Employee
32 841
-
137 838
-
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.

2 298
-
9 627
-
health
460
-
1 926
-
income
5 654
-
27 399
-
unemployment
328
-
1 375
-
total
8 740
-
40 327
-
Employer
32 841
-
137 838
-
accident
263
-
1 102
-
unemployment
328
-
1 375
-
health
460
-
1 926
-
other
1 643
-
6 876
-
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.

5 584
-
23 383
-
total
8 278
-
34 662
-
Corporate
131 382
172 500
-
-
income
27 590
36 225
-
-
total
27 590
36 225
-
-
Dividends
103 792
136 275
-
-
withholding
7 266
9 540
-
-
total
7 266
9 540
-
-
Income
172 500
172 500
172 500
172 500
Total tax
51 874
45 765
74 989
73 494
After tax
120 626
126 735
97 511
99 006
Living cost
24 101
24 101
24 101
24 101
Free-cash
96 525
102 634
73 410
74 905

Estimated living cost  is ₽24101 per week

₽17029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37016
₽50697
₽52565
₽55815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 579
pensions
-
-
-
8 436
total
-
-
-
59 015
Employee
86 192
-
150 578
-
pensions
8 315
-
10 290
-
health
1 420
-
2 137
-
income
15 537
-
40 214
-
total
25 272
-
52 641
-
Employer
86 192
-
150 578
-
health
1 637
-
2 861
-
pensions
10 177
-
19 062
-
total
11 814
-
21 923
-
Corporate
74 494
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.

14 153
32 775
-
-
total
14 153
32 775
-
-
Dividends
60 341
139 725
-
-
withholding
4 526
28 108
-
-
total
4 526
28 108
-
-
Income
172 500
172 500
172 500
172 500
Total tax
55 765
60 883
74 564
59 015
After tax
116 735
111 617
97 936
113 485
Living cost
60 920
60 920
60 920
60 920
Free-cash
55 815
50 697
37 016
52 565

Estimated living cost  is ₽60920 per week

₽45648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽112196
₽124294
₽106933
₽116074
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
7 106
income
-
-
-
25 875
pensions

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

-
-
-
9 145
unemployment
-
-
-
247
total
-
-
-
42 373
Employee
30 712
-
160 377
-
pensions

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

2 697
-
5 426
-
accident

We are using the highest rate at 1.1%.

338
-
680
-
health
1 413
-
2 842
-
income
3 071
-
16 038
-
total
7 519
-
24 986
-
Employer
30 712
-
160 377
-
accident

We are using the highest rate at 1.1%.

338
-
680
-
unemployment
184
-
371
-
health
2 120
-
4 264
-
pensions

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

3 385
-
6 809
-
total
6 027
-
12 124
-
Corporate
135 762
172 500
-
-
income
13 577
17 250
-
-
total
13 577
17 250
-
-
Dividends
122 185
155 250
-
-
withholding
6 109
7 762
-
-
total
6 109
7 762
-
-
Income
172 500
172 500
172 500
172 500
Total tax
33 232
25 012
37 110
42 373
After tax
139 268
147 488
135 390
130 127
Living cost
23 194
23 194
23 194
23 194
Free-cash
116 074
124 294
112 196
106 933

Estimated living cost  is ₽23194 per week

₽13541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1656
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59049
₽35445
₽44163
₽37720
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
11 153
income
-
-
-
56 432
pensions
-
-
-
10 597
total
-
-
-
78 182
Employee
83 857
77 240
155 691
-
pensions
10 597
10 597
10 597
-
health
10 462
10 084
11 153
-
income

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

12 643
12 643
24 737
-
total
33 702
33 324
46 487
-
Employer
83 857
77 240
155 691
-
unemployment
3 019
2 781
3 455
-
health
5 827
5 369
6 672
-
pensions
5 836
5 376
6 682
-
total
14 682
13 526
16 809
-
Corporate
73 960
81 735
-
-
income
14 792
16 347
-
-
total
14 792
16 347
-
-
Dividends
59 168
65 388
-
-
income
12 573
13 895
-
-
withholding
8 876
9 808
-
-
total
21 449
23 703
-
-
Income
172 500
172 500
172 500
172 500
Total tax
84 625
86 900
63 296
78 182
After tax
87 875
85 600
109 204
94 318
Living cost
50 155
50 155
50 155
50 155
Free-cash
37 720
35 445
59 049
44 163

Estimated living cost  is ₽50155 per week

₽36998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68819
₽96164
₽76212
₽88101
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 524
health
-
-
-
23 288
income
-
-
-
17 503
solidarity contribution
-
-
-
371
total
-
-
-
73 686
Employee
33 239
-
132 710
-
health
4 487
-
17 916
-
income
3 989
-
16 133
-
social contributions
2 161
-
7 240
-
solidarity contribution
-
-
-
-
total
10 637
-
41 289
-
Employer
33 239
-
132 710
-
health
2 991
-
11 944
-
social contributions
8 310
-
27 846
-
total
11 301
-
39 790
-
Corporate
127 960
172 500
-
-
income
24 312
32 775
-
-
total
24 312
32 775
-
-
Dividends
103 648
139 725
-
-
withholding
15 547
20 959
-
-
total
15 547
20 959
-
-
Income
172 500
172 500
172 500
172 500
Total tax
61 797
53 734
81 079
73 686
After tax
110 703
118 766
91 421
98 814
Living cost
22 602
22 602
22 602
22 602
Free-cash
88 101
96 164
68 819
76 212

Estimated living cost  is ₽22602 per week

₽15700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4850
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35712
₽53869
₽43507
₽49148
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
social contributions
-
-
-
44 366
national
-
-
-
43 386
regional
-
-
-
2 050
municipal
-
-
-
1 025
total
-
-
-
90 827
Employee
80 385
-
172 500
-
municipal
426
-
915
-
national
13 929
-
37 729
-
regional
758
-
1 811
-
social contributions
27 106
-
58 167
-
total
42 219
-
98 622
-
Employer
80 385
-
172 500
-
total
-
-
-
-
Corporate
92 115
172 500
-
-
nationa
22 108
41 400
-
-
municipal
3 592
6 727
-
-
total
25 700
48 127
-
-
Dividends
66 415
124 373
-
-
withholding
17 267
32 338
-
-
total
17 267
32 338
-
-
Income
172 500
172 500
172 500
172 500
Total tax
85 186
80 465
98 622
90 827
After tax
87 314
92 035
73 878
81 673
Living cost
38 166
38 166
38 166
38 166
Free-cash
49 148
53 869
35 712
43 507

Estimated living cost  is ₽38166 per week

₽26605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8472
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55966
₽88544
₽61496
₽85729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 016
health
-
-
-
8 570
income
-
-
-
50 110
pensions
-
-
-
24 143
unemployment
-
-
-
206
other
-
-
-
-
total
-
-
-
91 045
Employee
29 911
-
147 090
-
pensions
1 994
-
8 052
-
other
-
-
-
-
health
764
-
3 078
-
income
5 014
-
44 699
-
unemployment
2 082
-
8 402
-
surtax
98
-
6 933
-
total
9 952
-
71 164
-
Employer
29 911
-
147 090
-
unemployment
947
-
3 826
-
health
1 361
-
5 493
-
other
-
-
-
-
pensions
3 987
-
16 092
-
total
6 295
-
25 411
-
Corporate
136 293
172 500
-
-
income
35 436
44 850
-
-
total
35 436
44 850
-
-
Dividends
100 858
127 650
-
-
withholding
15 129
19 147
-
-
total
15 129
19 147
-
-
Income
172 500
172 500
172 500
172 500
Total tax
66 812
63 997
96 575
91 045
After tax
105 688
108 503
75 925
81 455
Living cost
19 959
19 959
19 959
19 959
Free-cash
85 729
88 544
55 966
61 496

Estimated living cost  is ₽19959 per week

₽12204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56317
₽69998
₽71866
₽76015
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 579
pensions
-
-
-
8 436
total
-
-
-
59 015
Employee
57 764
-
150 578
-
pensions
4 903
-
10 290
-
health
839
-
2 137
-
income
10 404
-
40 214
-
total
16 146
-
52 641
-
Employer
57 764
-
150 578
-
health
1 097
-
2 861
-
pensions
6 253
-
19 062
-
total
7 350
-
21 923
-
Corporate
107 386
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.

20 404
32 775
-
-
total
20 404
32 775
-
-
Dividends
86 982
139 725
-
-
withholding
10 966
28 108
-
-
total
10 966
28 108
-
-
Income
172 500
172 500
172 500
172 500
Total tax
54 866
60 883
74 564
59 015
After tax
117 634
111 617
97 936
113 485
Living cost
41 619
41 619
41 619
41 619
Free-cash
76 015
69 998
56 317
71 866

Estimated living cost  is ₽41619 per week

₽31181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽59453
₽7130
₽67235
₽37830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 819
health
-
-
-
389
national
-
-
-
3 219
pensions
-
-
-
15 872
regional
-
-
-
8 768
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
total
-
-
-
33 517
Employee
83 963
-
154 393
-
pensions
7 054
-
12 967
-
city
901
-
1 658
-
health
190
-
348
-
national
397
-
2 362
-
regional
2 749
-
7 561
-
unemployment
-
-
-
-
total
11 291
-
24 896
-
Employer
83 963
-
154 393
-
unemployment
-
-
-
-
health
190
-
348
-
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.

1 679
-
3 088
-
pensions
7 054
-
12 967
-
total
8 923
-
16 403
-
Corporate
78 691
172 500
-
-
national
6 689
14 663
-
-
regional
16 644
36 485
-
-
total
23 333
51 148
-
-
Dividends
55 358
121 353
-
-
withholding
19 375
42 474
-
-
total
19 375
42 474
-
-
Income
172 500
172 500
172 500
172 500
Total tax
62 922
93 622
41 299
33 517
After tax
109 578
78 878
131 201
138 983
Living cost
71 748
71 748
71 748
71 748
Free-cash
37 830
7 130
59 453
67 235

Estimated living cost  is ₽71748 per week

₽46657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽881
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽17771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67091
₽43774
₽44719
₽58439
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 012
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.

-
-
-
6 179
trade
-
-
-
22 372
income

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

-
-
-
54 783
total
-
-
-
86 346
Employee

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

54 358
-
172 500
-
health

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

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

6 179
-
6 179
-
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.

6 392
-
54 783
-
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.

352
-
3 012
-
total
12 923
-
63 974
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
118 142
172 500
-
-
trade
20 261
29 584
-
-
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.

975
1 423
-
-
chamber of commerce
304
379
-
-
income
17 720
25 875
-
-
total
39 260
57 261
-
-
Dividends
78 882
115 238
-
-
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.

1 066
1 565
-
-
withholding
19 377
28 465
-
-
total
20 443
30 030
-
-
Income
172 500
172 500
172 500
172 500
Total tax
72 626
87 291
63 974
86 346
After tax
99 874
85 209
108 526
86 154
Living cost
41 435
41 435
41 435
41 435
Free-cash
58 439
43 774
67 091
44 719

Estimated living cost  is ₽41435 per week

₽30262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62354
₽55994
₽66050
₽61338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
social contributions
-
-
-
4 916
health
-
-
-
7 705
income
-
-
-
28 034
pensions
-
-
-
29 502
other
-
-
-
5 347
total
-
-
-
75 504
Employee
38 711
-
132 931
-
pensions
4 377
-
9 482
-
income
2 285
-
26 366
-
social contributions
1 104
-
3 786
-
surtax
-
-
-
-
total
7 766
-
39 634
-
Employer
38 711
-
132 931
-
unemployment
1 567
-
5 384
-
health
2 710
-
12 581
-
other
1 335
-
5 287
-
pensions
6 359
-
15 917
-
social contributions
117
-
398
-
total
12 088
-
39 567
-
Corporate
121 701
172 500
-
-
surtax
-
-
-
-
income
34 076
48 300
-
-
total
34 076
48 300
-
-
Dividends
87 624
124 200
-
-
surtax
-
-
-
-
withholding
11 215
15 898
-
-
social contributions
15 072
21 363
-
-
total
26 287
37 261
-
-
Income
172 500
172 500
172 500
172 500
Total tax
80 217
85 561
79 201
75 504
After tax
92 283
86 939
93 299
96 996
Living cost
30 946
30 946
30 946
30 946
Free-cash
61 338
55 994
62 354
66 050

Estimated living cost  is ₽30946 per week

₽19512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65420
₽59060
₽69116
₽64086
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
social contributions
-
-
-
4 916
health
-
-
-
7 705
income
-
-
-
28 034
pensions
-
-
-
29 502
other
-
-
-
5 347
total
-
-
-
75 504
Employee
34 555
-
132 931
-
pensions
3 908
-
9 482
-
income
1 782
-
26 366
-
social contributions
985
-
3 786
-
surtax
-
-
-
-
total
6 675
-
39 634
-
Employer
34 555
-
132 931
-
unemployment
1 399
-
5 384
-
health
2 418
-
12 581
-
other
1 193
-
5 287
-
pensions
5 678
-
15 917
-
social contributions
103
-
398
-
total
10 791
-
39 567
-
Corporate
127 154
172 500
-
-
surtax
-
-
-
-
income
35 604
48 300
-
-
total
35 604
48 300
-
-
Dividends
91 550
124 200
-
-
surtax
-
-
-
-
withholding
11 718
15 898
-
-
social contributions
15 747
21 363
-
-
total
27 465
37 261
-
-
Income
172 500
172 500
172 500
172 500
Total tax
80 535
85 561
79 201
75 504
After tax
91 965
86 939
93 299
96 996
Living cost
27 880
27 880
27 880
27 880
Free-cash
64 086
59 060
65 420
69 116

Estimated living cost  is ₽27880 per week

₽16169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8350
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87655
₽86063
₽91600
₽86532
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 805
health
-
-
-
12 041
income
-
-
-
25 875
total
-
-
-
61 721
Employee
30 667
-
172 500
-
health
2 140
-
12 041
-
income
5 115
-
29 820
-
social contributions
4 233
-
23 805
-
total
11 488
-
65 666
-
Employer
30 667
-
172 500
-
total
-
-
-
-
Corporate
141 833
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%.

7 092
8 625
-
-
total
7 092
8 625
-
-
Dividends
134 740
163 875
-
-
withholding
20 211
24 581
-
-
health
9 404
11 438
-
-
social contributions
18 594
22 614
-
-
total
48 209
58 633
-
-
Income
172 500
172 500
172 500
172 500
Total tax
66 789
67 258
65 666
61 721
After tax
105 711
105 242
106 834
110 779
Living cost
19 179
19 179
19 179
19 179
Free-cash
86 532
86 063
87 655
91 600

Estimated living cost  is ₽19179 per week

₽12835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1183
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.
₽4718
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13679
₽63447
₽56700
₽62047
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
179
chamber of commerce
-
-
-
690
health
-
-
-
8 083
income
-
-
-
49 881
pensions
-
-
-
19 548
unemployment
-
-
-
5 548
total
-
-
-
83 929
Employee
45 202
36 045
139 447
-
pensions
4 629
3 690
10 820
-
other
451
360
1 057
-
health
1 749
1 395
4 089
-
income
5 146
2 659
40 757
-
unemployment
1 356
1 081
3 170
-
total
13 331
9 185
59 893
-
Employer
45 202
36 045
139 447
-
accident
587
469
1 373
-
unemployment
1 356
1 081
3 170
-
health
1 708
1 363
3 994
-
other
2 147
1 711
6 335
-
pensions
5 673
4 525
13 261
-
payroll
1 356
1 081
4 183
-
surtax
179
179
179
-
chamber of commerce
180
144
558
-
total
13 186
10 553
33 053
-
Corporate
114 112
125 902
136 014
-
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.

28 529
31 476
34 004
-
total
28 529
31 476
34 004
-
Dividends
85 583
94 426
-
-
withholding
23 536
25 968
-
-
total
23 536
25 968
-
-
Income
172 500
172 500
172 500
172 500
Total tax
78 582
77 182
126 950
83 929
After tax
93 918
95 318
45 550
88 571
Living cost
31 871
31 871
31 871
31 871
Free-cash
62 047
63 447
13 679
56 700

Estimated living cost  is ₽31871 per week

₽21256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27020
₽63412
₽41890
₽49902
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 550
national
-
-
-
66 083
communal

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

-
-
-
8 998
total
-
-
-
97 631
Employee

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

64 698
-
133 606
-
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.

4 852
-
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.

3 040
-
6 279
-
national
19 891
-
49 179
-
communal

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

3 375
-
6 969
-
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.

563
-
1 162
-
total
31 721
-
73 610
-
Employer

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

64 698
-
133 606
-
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.

841
-
1 737
-
unemployment

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

944
-
1 950
-
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.

3 979
-
8 217
-
pensions

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

5 733
-
11 838
-
surtax
7 336
-
15 149
-
total
18 833
-
38 891
-
Corporate
88 969
172 500
-
-
surtax
355
692
-
-
income
17 794
34 578
-
-
total
18 149
35 270
-
-
Dividends
70 819
137 231
-
-
withholding

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

20 916
40 839
-
-
total
20 916
40 839
-
-
Income
172 500
172 500
172 500
172 500
Total tax
89 619
76 109
112 501
97 631
After tax
82 881
96 391
59 999
74 869
Living cost
32 979
32 979
32 979
32 979
Free-cash
49 902
63 412
27 020
41 890

Estimated living cost  is ₽32979 per week

₽21243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60199
₽82158
₽63993
₽75960
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 691
pensions
-
-
-
23 725
unemployment
-
-
-
587
accident
-
-
-
755
other
-
-
-
84
total
-
-
-
75 842
Employee
45 023
-
145 773
-
pensions
2 116
-
3 941
-
other
45
-
84
-
income
9 500
-
47 586
-
unemployment
699
-
1 299
-
total
12 360
-
52 910
-
Employer
45 023
-
145 773
-
accident
891
-
1 660
-
unemployment
2 477
-
4 610
-
other
359
-
671
-
pensions
10 625
-
19 785
-
total
14 352
-
26 726
-
Corporate
113 126
172 500
-
-
income

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

16 969
25 875
-
-
total
16 969
25 875
-
-
Dividends
96 157
146 625
-
-
withholding
20 194
31 802
-
-
total
20 194
31 802
-
-
Income
172 500
172 500
172 500
172 500
Total tax
63 875
57 677
79 636
75 842
After tax
108 625
114 823
92 864
96 658
Living cost
32 665
32 665
32 665
32 665
Free-cash
75 960
82 158
60 199
63 993

Estimated living cost  is ₽32665 per week

₽24054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2317
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.
₽5822
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41531
₽50798
₽34657
₽38811
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 551
health
-
-
-
12 120
income
-
-
-
29 805
pensions
-
-
-
25 856
communal
-
-
-
10 903
accident
-
-
-
1 454
total
-
-
-
88 689
Employee
68 496
-
154 086
-
pensions
5 479
-
12 327
-
health
3 048
-
6 857
-
income
6 616
-
34 773
-
surtax
4 198
-
9 444
-
total
19 341
-
63 401
-
Employer
68 496
-
154 086
-
accident
616
-
1 387
-
health
2 089
-
4 700
-
pensions
5 479
-
12 327
-
total
8 184
-
18 414
-
Corporate
95 820
172 500
-
-
surtax
1 006
1 811
-
-
communal
6 468
11 644
-
-
income
14 373
25 875
-
-
total
21 847
39 330
-
-
Dividends
73 973
133 170
-
-
income
24 066
13 242
-
-
withholding
11 097
19 976
-
-
total
35 163
33 218
-
-
Income
172 500
172 500
172 500
172 500
Total tax
84 535
72 548
81 815
88 689
After tax
87 965
99 952
90 685
83 811
Living cost
49 154
49 154
49 154
49 154
Free-cash
38 811
50 798
41 531
34 657

Estimated living cost  is ₽49154 per week

₽36872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2978
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.
₽8781
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55609
₽88187
₽61139
₽85311
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 016
health
-
-
-
8 570
income
-
-
-
50 110
pensions
-
-
-
24 143
unemployment
-
-
-
206
other
-
-
-
-
total
-
-
-
91 045
Employee
30 460
-
147 090
-
pensions
2 032
-
8 052
-
other
-
-
-
-
health
778
-
3 078
-
income
5 106
-
44 699
-
unemployment
2 120
-
8 402
-
surtax
108
-
6 933
-
total
10 144
-
71 164
-
Employer
30 460
-
147 090
-
unemployment
966
-
3 826
-
health
1 385
-
5 493
-
other
-
-
-
-
pensions
4 061
-
16 092
-
total
6 412
-
25 411
-
Corporate
135 627
172 500
-
-
income
35 262
44 850
-
-
total
35 262
44 850
-
-
Dividends
100 365
127 650
-
-
withholding
15 055
19 147
-
-
total
15 055
19 147
-
-
Income
172 500
172 500
172 500
172 500
Total tax
66 873
63 997
96 575
91 045
After tax
105 627
108 503
75 925
81 455
Living cost
20 316
20 316
20 316
20 316
Free-cash
85 311
88 187
55 609
61 139

Estimated living cost  is ₽20316 per week

₽12266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5814
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49003
₽66304
₽56757
₽64296
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
social contributions
-
-
-
44 366
national
-
-
-
43 386
regional
-
-
-
2 601
municipal
-
-
-
1 025
total
-
-
-
91 378
Employee
50 173
-
172 500
-
municipal
266
-
915
-
national
7 949
-
37 729
-
regional
675
-
2 321
-
social contributions
16 919
-
58 167
-
total
25 809
-
99 132
-
Employer
50 173
-
172 500
-
total
-
-
-
-
Corporate
122 327
172 500
-
-
nationa
29 358
41 400
-
-
municipal
6 080
8 574
-
-
total
35 438
49 974
-
-
Dividends
86 889
122 526
-
-
withholding
22 592
31 857
-
-
total
22 592
31 857
-
-
Income
172 500
172 500
172 500
172 500
Total tax
83 839
81 831
99 132
91 378
After tax
88 661
90 669
73 368
81 122
Living cost
24 365
24 365
24 365
24 365
Free-cash
64 296
66 304
49 003
56 757

Estimated living cost  is ₽24365 per week

₽15153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63569
₽90914
₽70962
₽80979
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 524
health
-
-
-
23 288
income
-
-
-
17 503
solidarity contribution
-
-
-
371
total
-
-
-
73 686
Employee
40 959
-
132 710
-
health
5 529
-
17 916
-
income
4 915
-
16 133
-
social contributions
2 662
-
7 240
-
solidarity contribution
-
-
-
-
total
13 106
-
41 289
-
Employer
40 959
-
132 710
-
health
3 686
-
11 944
-
social contributions
10 240
-
27 846
-
total
13 926
-
39 790
-
Corporate
117 615
172 500
-
-
income
22 347
32 775
-
-
total
22 347
32 775
-
-
Dividends
95 268
139 725
-
-
withholding
14 290
20 959
-
-
total
14 290
20 959
-
-
Income
172 500
172 500
172 500
172 500
Total tax
63 669
53 734
81 079
73 686
After tax
108 831
118 766
91 421
98 814
Living cost
27 852
27 852
27 852
27 852
Free-cash
80 979
90 914
63 569
70 962

Estimated living cost  is ₽27852 per week

₽20713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16741
₽66560
₽59894
₽66112
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 083
income
-
-
-
49 881
pensions
-
-
-
19 548
unemployment
-
-
-
5 548
total
-
-
-
83 750
Employee
39 538
36 045
139 613
-
pensions
4 049
3 690
10 820
-
other
395
360
1 057
-
health
1 529
1 395
4 089
-
income
3 522
2 659
40 836
-
unemployment
1 186
1 081
3 170
-
total
10 681
9 185
59 972
-
Employer
39 538
36 045
139 613
-
accident
513
469
1 373
-
unemployment
1 186
1 081
3 170
-
health
1 495
1 363
3 994
-
other
1 878
1 711
6 342
-
pensions
4 962
4 525
13 261
-
payroll
1 186
1 081
4 188
-
surtax
-
-
-
-
chamber of commerce
158
144
558
-
total
11 378
10 374
32 886
-
Corporate
121 584
126 081
136 180
-
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.

30 396
31 521
34 045
-
total
30 396
31 521
34 045
-
Dividends
91 188
94 560
-
-
withholding
25 077
26 004
-
-
total
25 077
26 004
-
-
Income
172 500
172 500
172 500
172 500
Total tax
77 532
77 084
126 903
83 750
After tax
94 968
95 416
45 597
88 750
Living cost
28 856
28 856
28 856
28 856
Free-cash
66 112
66 560
16 741
59 894

Estimated living cost  is ₽28856 per week

₽17310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2947
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.
₽8084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125776
₽151651
₽158551
₽149359
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
172 500
microenterprise

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

-
-
-
1 725
total
-
-
-
1 725
Employee
15 281
-
172 500
-
income
3 056
-
34 500
-
total
3 056
-
34 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

157 219
172 500
-
-
total
-
-
-
-
Dividends
157 219
172 500
-
-
withholding
7 861
8 625
-
-
total
7 861
8 625
-
-
Income
172 500
172 500
172 500
172 500
Total tax
10 917
8 625
34 500
1 725
After tax
161 583
163 875
138 000
170 775
Living cost
12 224
12 224
12 224
12 224
Free-cash
149 359
151 651
125 776
158 551

Estimated living cost  is ₽12224 per week

₽8272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽513
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.
₽3029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54750
₽94506
₽59095
₽86941
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
172 500
health
-
-
-
16 974
income
-
-
-
40 409
pensions
-
-
-
31 503
unemployment
-
-
-
259
total
-
-
-
89 145
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.

39 997
-
149 259
-
pensions
6 200
-
23 136
-
health
2 583
-
9 643
-
income
6 897
-
37 261
-
unemployment
57
-
209
-
total
15 737
-
70 249
-
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.

39 997
-
149 259
-
unemployment
24
-
89
-
health
2 664
-
9 942
-
pensions
3 539
-
13 210
-
total
6 227
-
23 241
-
Corporate
126 276
172 500
-
-
income
23 992
32 775
-
-
total
23 992
32 775
-
-
Dividends
102 284
139 725
-
-
withholding
15 343
20 959
-
-
total
15 343
20 959
-
-
Income
172 500
172 500
172 500
172 500
Total tax
61 299
53 734
93 490
89 145
After tax
111 201
118 766
79 010
83 355
Living cost
24 260
24 260
24 260
24 260
Free-cash
86 941
94 506
54 750
59 095

Estimated living cost  is ₽24260 per week

₽16649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1555
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.
₽5587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118082
₽63246
₽77508
₽17274
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
59 796
-
-
-
income
13 190
-
-
-
social contributions
4 903
-
699
-
total
18 093
-
699
-
Employer
59 796
-
-
-
social contributions
84 312
-
12 016
-
total
84 312
-
12 016
-
Corporate
28 393
172 500
-
-
income
6 246
37 950
-
-
total
6 246
37 950
-
-
Dividends
22 146
134 550
-
-
income
4 872
29 601
-
-
total
4 872
29 601
-
-
Income
172 500
172 500
172 500
172 500
Total tax
113 523
67 551
12 715
53 289
After tax
58 977
104 949
159 785
119 211
Living cost
41 703
41 703
41 703
41 703
Free-cash
17 274
63 246
118 082
77 508

Estimated living cost  is ₽41703 per week

₽27058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50086
₽69748
₽63166
₽68835
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 020
total
-
-
-
80 963
Employee
41 599
-
139 393
-
income
8 653
-
45 603
-
social contributions
4 576
-
15 333
-
surtax
-
-
-
-
total
13 229
-
60 936
-
Employer
41 599
-
139 393
-
social contributions
9 880
-
33 107
-
total
9 880
-
33 107
-
Corporate
121 021
172 500
-
-
surtax
-
-
-
-
income
25 415
36 225
-
-
total
25 415
36 225
-
-
Dividends
95 606
136 275
-
-
withholding
26 770
38 156
-
-
total
26 770
38 156
-
-
Income
172 500
172 500
172 500
172 500
Total tax
75 294
74 381
94 043
80 963
After tax
97 206
98 119
78 457
91 537
Living cost
28 371
28 371
28 371
28 371
Free-cash
68 835
69 748
50 086
63 166

Estimated living cost  is ₽28371 per week

₽21227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49614
₽43254
₽53310
₽49473
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
social contributions
-
-
-
4 916
health
-
-
-
7 705
income
-
-
-
28 034
pensions
-
-
-
29 502
other
-
-
-
5 347
total
-
-
-
75 504
Employee
56 650
-
132 931
-
pensions
6 407
-
9 482
-
income
4 943
-
26 366
-
social contributions
1 613
-
3 786
-
surtax
-
-
-
-
total
12 963
-
39 634
-
Employer
56 650
-
132 931
-
unemployment
2 295
-
5 384
-
health
3 965
-
12 581
-
other
1 955
-
5 287
-
pensions
9 308
-
15 917
-
social contributions
170
-
398
-
total
17 693
-
39 567
-
Corporate
98 157
172 500
-
-
surtax
-
-
-
-
income
27 484
48 300
-
-
total
27 484
48 300
-
-
Dividends
70 674
124 200
-
-
surtax
-
-
-
-
withholding
9 046
15 898
-
-
social contributions
12 156
21 363
-
-
total
21 202
37 261
-
-
Income
172 500
172 500
172 500
172 500
Total tax
79 342
85 561
79 201
75 504
After tax
93 158
86 939
93 299
96 996
Living cost
43 686
43 686
43 686
43 686
Free-cash
49 473
43 254
49 614
53 310

Estimated living cost  is ₽43686 per week

₽29566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9947
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103983
₽128061
₽99398
₽125024
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 963
total
-
-
-
45 913
Employee
29 078
-
149 350
-
social contributions
1 890
-
9 706
-
income
-
-
8 472
-
total
1 890
-
18 178
-
Employer
29 078
-
149 350
-
social contributions
4 507
-
23 150
-
total
4 507
-
23 150
-
Corporate
138 914
172 500
-
-
income
13 891
17 250
-
-
total
13 891
17 250
-
-
Dividends
125 023
155 250
-
-
total
-
-
-
-
Income
172 500
172 500
172 500
172 500
Total tax
20 288
17 250
41 328
45 913
After tax
152 212
155 250
131 172
126 587
Living cost
27 188
27 188
27 188
27 188
Free-cash
125 024
128 061
103 983
99 398

Estimated living cost  is ₽27188 per week

₽17580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2049
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.
₽7048
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24197
-₽24197
₽57480
-₽24197
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
labour market
-
-
-
13 737
national
-
-
-
20 689
pensions
-
-
-
783
municipal
-
-
-
36 333
total
-
-
-
71 542
Employee
183 511
183 511
183 511
-
labour market
14 660
14 660
14 660
-
pensions
261
261
261
-
municipal
39 078
39 078
39 078
-
national
22 419
22 419
22 419
-
total
76 418
76 418
76 418
-
Employer
183 511
183 511
183 511
-
municipal
39 140
39 140
39 140
-
labour market
14 681
14 681
14 681
-
pensions
522
522
522
-
national
22 458
22 458
22 458
-
total
76 801
76 801
76 801
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
172 500
172 500
172 500
172 500
Total tax
153 219
153 219
153 219
71 542
After tax
19 281
19 281
19 281
100 958
Living cost
43 478
43 478
43 478
43 478
Free-cash
-24 197
-24 197
-24 197
57 480

Estimated living cost  is ₽43478 per week

₽29757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9206
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74679
-₽5537
₽98362
₽10979
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
1 963
income
-
-
-
48 360
pensions
-
-
-
3 745
accident
-
-
-
227
other
-
-
-
334
total
-
-
-
54 629
Employee
30 689
-
156 151
-
pensions
3 456
-
6 867
-
health
3 514
-
17 879
-
income
4 210
-
37 216
-
total
11 180
-
61 962
-
Employer
30 689
-
156 151
-
accident
512
-
2 608
-
unemployment
752
-
3 826
-
pensions
4 990
-
9 916
-
total
6 254
-
16 350
-
Corporate
135 557
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.

122 002
155 250
-
-
total
122 002
155 250
-
-
Dividends
13 556
17 250
-
-
withholding
2 576
3 278
-
-
total
2 576
3 278
-
-
Income
172 500
172 500
172 500
172 500
Total tax
142 012
158 528
78 312
54 629
After tax
30 488
13 972
94 188
117 871
Living cost
19 509
19 509
19 509
19 509
Free-cash
10 979
-5 537
74 679
98 362

Estimated living cost  is ₽19509 per week

₽14200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1112
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.
₽3830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54861
₽72547
₽74620
₽75138
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
172 500
health
-
-
-
2 279
national
-
-
-
30 235
municipal
-
-
-
30 640
total
-
-
-
63 154
Employee
47 587
-
145 114
-
pensions
3 211
-
9 796
-
municipal
7 794
-
23 632
-
health
355
-
1 857
-
national
786
-
18 068
-
unemployment
714
-
2 176
-
total
12 860
-
55 529
-
Employer
47 587
-
145 114
-
accident
48
-
146
-
unemployment
309
-
944
-
health
366
-
1 117
-
pensions
8 256
-
25 177
-
total
8 979
-
27 384
-
Corporate
115 934
172 500
-
-
income
23 187
34 500
-
-
total
23 187
34 500
-
-
Dividends

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

69 560
103 500
-
-
municipal
12 521
18 630
-
-
national
5 089
12 097
-
-
total
17 610
30 727
-
-
Income
172 500
172 500
172 500
172 500
Total tax
62 636
65 227
82 913
63 154
After tax
109 864
107 273
89 587
109 346
Living cost
34 726
34 726
34 726
34 726
Free-cash
75 138
72 547
54 861
74 620

Estimated living cost  is ₽34726 per week

₽22683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8151
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94820
₽104857
₽96302
₽99934
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 634
health
-
-
-
4 399
income
-
-
-
36 224
total
-
-
-
55 257
Employee
69 551
69 551
161 723
-
health
539
1 183
2 750
-
income
7 573
6 438
35 425
-
social contributions
2 630
5 772
7 786
-
total
10 742
13 393
45 961
-
Employer
69 551
69 551
161 723
-
health
585
1 287
2 992
-
social contributions
2 630
5 772
7 786
-
total
3 215
7 059
10 778
-
Corporate
137 602
95 890
-
-
income
17 200
11 986
-
-
total
17 200
11 986
-
-
Dividends
120 402
83 904
-
-
withholding
20 468
14 264
-
-
total
20 468
14 264
-
-
Income
172 500
172 500
172 500
172 500
Total tax
51 625
46 702
56 739
55 257
After tax
120 875
125 798
115 761
117 243
Living cost
20 941
20 941
20 941
20 941
Free-cash
99 934
104 857
94 820
96 302

Estimated living cost  is ₽20941 per week

₽12551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5874
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113286
₽128487
₽131428
₽123886
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
172 500
health
-
-
-
3 273
income
-
-
-
17 659
pensions
-
-
-
5 753
unemployment
-
-
-
26
total
-
-
-
26 711
Employee

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

20 761
-
163 660
-
pensions
3 114
-
12 873
-
health
1 764
-
7 295
-
income
1 419
-
15 417
-
unemployment
103
-
429
-
total
6 400
-
36 014
-
Employer

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

20 761
-
163 660
-
unemployment
103
-
429
-
health
893
-
3 690
-
pensions
1 141
-
4 720
-
total
2 137
-
8 839
-
Corporate
149 602
172 500
-
-
income
13 464
15 525
-
-
total
13 464
15 525
-
-
Dividends
136 138
156 975
-
-
withholding
12 252
14 128
-
-
total
12 252
14 128
-
-
Income
172 500
172 500
172 500
172 500
Total tax
34 253
29 653
44 853
26 711
After tax
138 247
142 847
127 647
145 789
Living cost
14 361
14 361
14 361
14 361
Free-cash
123 886
128 487
113 286
131 428

Estimated living cost  is ₽14361 per week

₽9162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1035
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67992
₽89951
₽71786
₽85957
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 691
pensions
-
-
-
23 725
unemployment
-
-
-
587
accident
-
-
-
755
other
-
-
-
84
total
-
-
-
75 842
Employee
33 444
-
145 773
-
pensions
1 572
-
3 941
-
other
33
-
84
-
income
6 448
-
47 586
-
unemployment
518
-
1 299
-
total
8 571
-
52 910
-
Employer
33 444
-
145 773
-
accident
663
-
1 660
-
unemployment
1 840
-
4 610
-
other
268
-
671
-
pensions
7 892
-
19 785
-
total
10 663
-
26 726
-
Corporate
128 393
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.

19 258
25 875
-
-
total
19 258
25 875
-
-
Dividends
109 135
146 625
-
-
withholding
23 179
31 802
-
-
total
23 179
31 802
-
-
Income
172 500
172 500
172 500
172 500
Total tax
61 671
57 677
79 636
75 842
After tax
110 829
114 823
92 864
96 658
Living cost
24 872
24 872
24 872
24 872
Free-cash
85 957
89 951
67 992
71 786

Estimated living cost  is ₽24872 per week

₽16788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109478
₽106043
₽109590
₽105780
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
844
income
-
-
-
59 304
pensions
-
-
-
1 165
total
-
-
-
61 313
Employee
2 432
-
171 190
-
pensions
219
-
524
-
health
122
-
291
-
income
470
-
59 242
-
unemployment
24
-
58
-
total
835
-
60 115
-
Employer
2 432
-
171 190
-
unemployment
49
-
116
-
health
231
-
553
-
pensions
268
-
641
-
total
548
-
1 310
-
Corporate
169 521
172 500
-
-
income
37 295
37 950
-
-
total
37 295
37 950
-
-
Dividends
132 226
134 550
-
-
withholding
26 445
26 910
-
-
total
26 445
26 910
-
-
Income
172 500
172 500
172 500
172 500
Total tax
65 123
64 860
61 425
61 313
After tax
107 377
107 640
111 075
111 187
Living cost
1 597
1 597
1 597
1 597
Free-cash
105 780
106 043
109 478
109 590

Estimated living cost  is ₽1597 per week

₽949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽129
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.
₽482
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92299
₽109012
₽92299
₽104568
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
172 500
health
-
-
-
6 875
income
-
-
-
39 352
pensions
-
-
-
17 354
unemployment
-
-
-
1 001
total
-
-
-
64 582
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.

23 553
-
160 552
-
pensions
3 297
-
9 344
-
health
1 213
-
3 437
-
income
3 247
-
39 352
-
unemployment
177
-
501
-
total
7 934
-
52 634
-
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.

23 553
-
160 552
-
unemployment
177
-
501
-
health
1 213
-
3 437
-
pensions
2 826
-
8 010
-
total
4 216
-
11 948
-
Corporate
144 731
172 500
-
-
income
21 710
25 875
-
-
total
21 710
25 875
-
-
Dividends
123 022
146 625
-
-
withholding
18 453
21 994
-
-
total
18 453
21 994
-
-
Income
172 500
172 500
172 500
172 500
Total tax
52 313
47 869
64 582
64 582
After tax
120 187
124 631
107 918
107 918
Living cost
15 619
15 619
15 619
15 619
Free-cash
104 568
109 012
92 299
92 299

Estimated living cost  is ₽15619 per week

₽10516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1208
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.
₽3443
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54073
₽73735
₽67153
₽73408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 020
total
-
-
-
80 963
Employee
35 105
-
139 393
-
income
6 859
-
45 603
-
social contributions
3 862
-
15 333
-
surtax
-
-
-
-
total
10 721
-
60 936
-
Employer
35 105
-
139 393
-
social contributions
8 337
-
33 107
-
total
8 337
-
33 107
-
Corporate
129 058
172 500
-
-
surtax
-
-
-
-
income
27 102
36 225
-
-
total
27 102
36 225
-
-
Dividends
101 956
136 275
-
-
withholding
28 548
38 156
-
-
total
28 548
38 156
-
-
Income
172 500
172 500
172 500
172 500
Total tax
74 708
74 381
94 043
80 963
After tax
97 792
98 119
78 457
91 537
Living cost
24 384
24 384
24 384
24 384
Free-cash
73 408
73 735
54 073
67 153

Estimated living cost  is ₽24384 per week

₽17271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1694
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61076
₽83035
₽64870
₽77117
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 691
pensions
-
-
-
23 725
unemployment
-
-
-
587
accident
-
-
-
755
other
-
-
-
84
total
-
-
-
75 842
Employee
43 683
-
145 773
-
pensions
2 053
-
3 941
-
other
43
-
84
-
income
9 124
-
47 586
-
unemployment
676
-
1 299
-
total
11 896
-
52 910
-
Employer
43 683
-
145 773
-
accident
865
-
1 660
-
unemployment
2 403
-
4 610
-
other
350
-
671
-
pensions
10 309
-
19 785
-
total
13 927
-
26 726
-
Corporate
114 890
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.

17 233
25 875
-
-
total
17 233
25 875
-
-
Dividends
97 657
146 625
-
-
withholding
20 539
31 802
-
-
total
20 539
31 802
-
-
Income
172 500
172 500
172 500
172 500
Total tax
63 595
57 677
79 636
75 842
After tax
108 905
114 823
92 864
96 658
Living cost
31 788
31 788
31 788
31 788
Free-cash
77 117
83 035
61 076
64 870

Estimated living cost  is ₽31788 per week

₽22829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104959
₽117057
₽99696
₽106274
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
7 106
income
-
-
-
25 875
pensions

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

-
-
-
9 145
unemployment
-
-
-
247
total
-
-
-
42 373
Employee
40 295
-
160 377
-
pensions

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

3 538
-
5 426
-
accident

We are using the highest rate at 1.1%.

443
-
680
-
health
1 854
-
2 842
-
income
4 030
-
16 038
-
total
9 865
-
24 986
-
Employer
40 295
-
160 377
-
accident

We are using the highest rate at 1.1%.

443
-
680
-
unemployment
242
-
371
-
health
2 781
-
4 264
-
pensions

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

4 440
-
6 809
-
total
7 906
-
12 124
-
Corporate
124 299
172 500
-
-
income
12 430
17 250
-
-
total
12 430
17 250
-
-
Dividends
111 868
155 250
-
-
withholding
5 594
7 762
-
-
total
5 594
7 762
-
-
Income
172 500
172 500
172 500
172 500
Total tax
35 795
25 012
37 110
42 373
After tax
136 705
147 488
135 390
130 127
Living cost
30 431
30 431
30 431
30 431
Free-cash
106 274
117 057
104 959
99 696

Estimated living cost  is ₽30431 per week

₽20127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽726
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽73606
₽53836
₽54887
₽65667
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 012
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.

-
-
-
6 179
trade
-
-
-
18 719
income

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

-
-
-
54 783
total
-
-
-
82 693
Employee

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

45 004
-
172 500
-
health

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

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

6 179
-
6 179
-
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.

3 701
-
54 783
-
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.

204
-
3 012
-
total
10 084
-
63 974
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
127 496
172 500
-
-
trade
18 295
24 754
-
-
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
-
-
chamber of commerce
324
390
-
-
income
19 125
25 875
-
-
total
38 796
52 442
-
-
Dividends
88 700
120 058
-
-
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.

1 202
1 632
-
-
withholding
21 831
29 670
-
-
total
23 033
31 302
-
-
Income
172 500
172 500
172 500
172 500
Total tax
71 913
83 744
63 974
82 693
After tax
100 587
88 756
108 526
89 807
Living cost
34 920
34 920
34 920
34 920
Free-cash
65 667
53 836
73 606
54 887

Estimated living cost  is ₽34920 per week

₽24088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3757
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.
₽6567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37840
₽69227
₽37840
₽71223
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 085
income
-
-
-
54 051
total
-
-
-
83 136
Employee
70 751
-
172 500
-
social contributions
5 878
-
29 085
-
income
13 350
-
54 051
-
total
19 228
-
83 136
-
Employer
70 751
-
172 500
-
total
-
-
-
-
Corporate
101 749
172 500
-
-
income
12 719
21 562
-
-
total
12 719
21 562
-
-
Dividends
89 030
150 938
-
-
withholding
17 806
30 187
-
-
total
17 806
30 187
-
-
Income
172 500
172 500
172 500
172 500
Total tax
49 753
51 749
83 136
83 136
After tax
122 747
120 751
89 364
89 364
Living cost
51 524
51 524
51 524
51 524
Free-cash
71 223
69 227
37 840
37 840

Estimated living cost  is ₽51524 per week

₽39198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4198
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89013
₽74512
₽108109
₽77675
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 683
income
-
-
-
25 875
total
-
-
-
31 558
Employee
41 493
-
168 339
-
social contributions
4 157
-
4 161
-
income
4 502
-
42 332
-
total
8 659
-
46 493
-
Employer
41 493
-
168 339
-
social contributions
4 157
-
4 161
-
total
4 157
-
4 161
-
Corporate
126 850
172 500
-
-
income
44 397
60 376
-
-
total
44 397
60 376
-
-
Dividends
82 453
112 124
-
-
social contributions
4 779
4 779
-
-
total
4 779
4 779
-
-
Income
172 500
172 500
172 500
172 500
Total tax
61 992
65 155
50 654
31 558
After tax
110 508
107 345
121 846
140 942
Living cost
32 833
32 833
32 833
32 833
Free-cash
77 675
74 512
89 013
108 109

Estimated living cost  is ₽32833 per week

₽21627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2588
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.
₽8114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64101
₽77782
₽79650
₽83175
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 579
pensions
-
-
-
8 436
total
-
-
-
59 015
Employee
46 443
-
150 578
-
pensions
3 545
-
10 290
-
health
606
-
2 137
-
income
8 458
-
40 214
-
total
12 609
-
52 641
-
Employer
46 443
-
150 578
-
health
883
-
2 861
-
pensions
4 692
-
19 062
-
total
5 575
-
21 923
-
Corporate
120 482
172 500
-
-
income

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

22 891
32 775
-
-
total
22 891
32 775
-
-
Dividends
97 591
139 725
-
-
withholding
14 415
28 108
-
-
total
14 415
28 108
-
-
Income
172 500
172 500
172 500
172 500
Total tax
55 490
60 883
74 564
59 015
After tax
117 010
111 617
97 936
113 485
Living cost
33 835
33 835
33 835
33 835
Free-cash
83 175
77 782
64 101
79 650

Estimated living cost  is ₽33835 per week

₽23210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3111
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.
₽7087
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
₽72748
-₽7468
₽96431
₽10684
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
health
-
-
-
1 963
income
-
-
-
48 360
pensions
-
-
-
3 745
accident
-
-
-
227
other
-
-
-
334
total
-
-
-
54 629
Employee
33 726
-
156 151
-
pensions
3 798
-
6 867
-
health
3 861
-
17 879
-
income
4 627
-
37 216
-
total
12 286
-
61 962
-
Employer
33 726
-
156 151
-
accident
563
-
2 608
-
unemployment
826
-
3 826
-
pensions
5 484
-
9 916
-
total
6 873
-
16 350
-
Corporate
131 901
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.

118 711
155 250
-
-
total
118 711
155 250
-
-
Dividends
13 190
17 250
-
-
withholding
2 506
3 278
-
-
total
2 506
3 278
-
-
Income
172 500
172 500
172 500
172 500
Total tax
140 376
158 528
78 312
54 629
After tax
32 124
13 972
94 188
117 871
Living cost
21 440
21 440
21 440
21 440
Free-cash
10 684
-7 468
72 748
96 431

Estimated living cost  is ₽21440 per week

₽15735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1249
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.
₽4024
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

Close
Skopje , Macedonia
₽111742
₽119740
₽91847
₽128703
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
723
income
-
-
-
28 639
pensions
-
-
-
26 625
unemployment
-
-
-
1 736
health insurance
-
-
-
10 708
total
-
-
-
68 431
Employee

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

19 555
-
172 500
-
pensions
3 598
-
13 313
-
health insurance
1 447
-
5 354
-
income
1 956
-
28 639
-
work injury
98
-
362
-
unemployment
235
-
868
-
total
7 334
-
48 536
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
152 945
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%.

1 529
17 250
-
-
total
1 529
17 250
-
-
Dividends
151 416
155 250
-
-
withholding
22 712
23 288
-
-
total
22 712
23 288
-
-
Income
172 500
172 500
172 500
172 500
Total tax
31 575
40 538
48 536
68 431
After tax
140 925
131 962
123 964
104 069
Living cost
12 222
12 222
12 222
12 222
Free-cash
128 703
119 740
111 742
91 847

Estimated living cost  is ₽12222 per week

₽7572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽36023
₽54829
₽43596
₽50714
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
social contributions
-
-
-
44 366
national
-
-
-
43 386
regional
-
-
-
3 966
municipal
-
-
-
1 153
total
-
-
-
92 871
Employee
76 218
-
172 500
-
municipal
455
-
1 028
-
national
12 880
-
37 729
-
regional
1 151
-
3 520
-
social contributions
25 700
-
58 167
-
total
40 186
-
100 444
-
Employer
76 218
-
172 500
-
total
-
-
-
-
Corporate
96 282
172 500
-
-
nationa
23 108
41 400
-
-
municipal
4 641
8 314
-
-
total
27 749
49 714
-
-
Dividends
68 533
122 785
-
-
withholding
17 818
31 924
-
-
total
17 818
31 924
-
-
Income
172 500
172 500
172 500
172 500
Total tax
85 753
81 638
100 444
92 871
After tax
86 747
90 862
72 056
79 629
Living cost
36 033
36 033
36 033
36 033
Free-cash
50 714
54 829
36 023
43 596

Estimated living cost  is ₽36033 per week

₽25311
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2479
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.
₽7698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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