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
₽58571
₽80571
₽60274
₽68952
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
172 500
income

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

-
-
-
54 122
surtax

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

-
-
-
2 977
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.

-
-
-
6 410
trade
-
-
-
20 297
total
-
-
-
83 806
Employee

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

35 888
-
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.

55
-
2 977
-
income

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

1 002
-
54 122
-
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.

6 410
-
6 410
-
total
7 467
-
63 509
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
136 612
172 500
-
-
income
20 491
25 876
-
-
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.

1 127
1 423
-
-
chamber of commerce
338
390
-
-
trade
21 517
27 169
-
-
total
43 473
54 858
-
-
Dividends
93 138
117 643
-
-
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.

1 261
1 597
-
-
withholding
22 927
29 054
-
-
total
24 188
30 651
-
-
Income
172 500
172 500
172 500
172 500
Total tax
75 128
85 509
63 509
83 806
After tax
97 372
86 991
108 991
88 694
Living cost
28 420
28 420
28 420
28 420
Free-cash
68 952
58 571
80 571
60 274

Estimated living cost  is ₽28420 per week

₽17877
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.
₽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.
₽6699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57684
₽52802
₽51829
₽56854
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
social contributions
-
-
-
1 854
municipal
-
-
-
18 890
national
-
-
-
29 271
pensions
-
-
-
20 700
total
-
-
-
70 715
Employee
77 442
-
149 125
-
municipal
9 565
-
19 557
-
pensions
3 098
-
5 965
-
national
14 822
-
30 687
-
total
27 485
-
56 209
-
Employer
77 442
-
149 125
-
pensions
6 195
-
11 930
-
social contributions
832
-
1 603
-
total
7 027
-
13 533
-
Corporate
82 919
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%.

16 584
34 500
-
-
total
16 584
34 500
-
-
Dividends
66 336
138 000
-
-
withholding
14 594
30 360
-
-
total
14 594
30 360
-
-
Income
172 500
172 500
172 500
172 500
Total tax
65 690
64 860
69 742
70 715
After tax
106 810
107 640
102 758
101 785
Living cost
49 956
49 956
49 956
49 956
Free-cash
56 854
57 684
52 802
51 829

Estimated living cost  is ₽49956 per week

₽33955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118480
₽53447
₽40626
₽110782
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
172 500
income
-
-
-
32 414
surtax
-
-
-
43 988
social contributions

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

-
-
-
35 951
microenterprise
-
-
-
-
total
-
-
-
112 353
Employee
27 418
-
131 136
-
surtax
-
-
19 015
-
social contributions

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

3 016
-
12 300
-
income
4 881
-
26 853
-
total
7 897
-
58 168
-
Employer
27 418
-
131 136
-
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.

6 604
-
26 939
-
surtax
-
-
14 425
-
total
6 604
-
41 364
-
Corporate
138 478
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%.

27 696
34 499
-
-
total
27 696
34 499
-
-
Dividends

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

110 782
138 001
-
-
total
-
-
-
-
Income
172 500
172 500
172 500
172 500
Total tax
42 197
34 499
99 532
112 353
After tax
130 303
138 001
72 968
60 147
Living cost
19 521
19 521
19 521
19 521
Free-cash
110 782
118 480
53 447
40 626

Estimated living cost  is ₽19521 per week

₽12454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46204
₽69251
₽55426
₽40454
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 204
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
77 767
Employee
80 127
80 127
155 062
-
pensions
14 423
10 993
10 993
-
income

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

13 116
13 116
23 942
-
health
12 299
10 461
11 570
-
total
39 838
34 570
46 505
-
Employer
80 127
80 127
155 062
-
health
5 570
5 570
6 921
-
pensions
5 577
5 577
6 932
-
unemployment
2 885
2 885
3 584
-
total
14 032
14 032
17 437
-
Corporate
79 324
78 341
-
-
income
15 865
15 668
-
-
total
15 865
15 668
-
-
Dividends
63 459
62 674
-
-
income
13 485
13 317
-
-
withholding
9 519
9 402
-
-
total
23 004
22 719
-
-
Income
172 500
172 500
172 500
172 500
Total tax
92 739
86 989
63 942
77 767
After tax
79 761
85 511
108 558
94 733
Living cost
39 307
39 307
39 307
39 307
Free-cash
40 454
46 204
69 251
55 426

Estimated living cost  is ₽39307 per week

₽27856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56701
₽49751
₽50660
₽55859
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
accident
-
-
-
164
other
-
-
-
9 546
unemployment
-
-
-
82
health
-
-
-
5 126
municipal
-
-
-
44 343
national
-
-
-
16 214
pensions
-
-
-
8 881
total
-
-
-
84 356
Employee
53 411
-
146 688
-
municipal
15 927
-
43 742
-
national
-
-
15 711
-
total
15 927
-
59 453
-
Employer
53 411
-
146 688
-
health
3 285
-
5 052
-
pensions
5 774
-
8 881
-
accident
107
-
164
-
unemployment
1 410
-
2 169
-
other
6 206
-
9 546
-
total
16 782
-
25 812
-
Corporate
102 307
172 500
-
-
income
22 508
37 950
-
-
total
22 508
37 950
-
-
Dividends
79 799
134 550
-
-
withholding
23 940
40 365
-
-
total
23 940
40 365
-
-
Income
172 500
172 500
172 500
172 500
Total tax
79 157
78 315
85 265
84 356
After tax
93 343
94 185
87 235
88 144
Living cost
37 484
37 484
37 484
37 484
Free-cash
55 859
56 701
49 751
50 660

Estimated living cost  is ₽37484 per week

₽24843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49242
₽72130
₽50930
₽62426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
172 500
income

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

-
-
-
54 122
surtax

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

-
-
-
2 977
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.

-
-
-
6 410
trade
-
-
-
21 200
total
-
-
-
84 709
Employee

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

47 583
-
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.

224
-
2 977
-
income

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

4 088
-
54 122
-
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.

6 410
-
6 410
-
total
10 722
-
63 509
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
124 917
172 500
-
-
income
18 737
25 876
-
-
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.

1 031
1 423
-
-
chamber of commerce
321
388
-
-
trade
20 548
28 376
-
-
total
40 637
56 063
-
-
Dividends
84 280
116 438
-
-
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.

1 140
1 581
-
-
withholding
20 714
28 753
-
-
total
21 854
30 334
-
-
Income
172 500
172 500
172 500
172 500
Total tax
73 213
86 397
63 509
84 709
After tax
99 287
86 103
108 991
87 791
Living cost
36 860
36 860
36 860
36 860
Free-cash
62 426
49 242
72 130
50 930

Estimated living cost  is ₽36860 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95385
₽85611
₽87110
₽91491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 377
social contributions
-
-
-
15 181
health
-
-
-
4 398
total
-
-
-
54 956
Employee
72 151
72 151
161 437
-
social contributions
3 506
5 988
8 077
-
income
7 576
6 679
34 571
-
health
718
1 227
2 744
-
total
11 800
13 894
45 392
-
Employer
72 151
72 151
161 437
-
health
782
1 335
2 986
-
social contributions
3 506
5 988
8 077
-
total
4 288
7 323
11 063
-
Corporate
125 978
93 025
-
-
income
15 748
11 627
-
-
total
15 748
11 627
-
-
Dividends
110 231
81 398
-
-
withholding
18 739
13 837
-
-
total
18 739
13 837
-
-
Income
172 500
172 500
172 500
172 500
Total tax
50 575
46 681
56 455
54 956
After tax
121 925
125 819
116 045
117 544
Living cost
30 434
30 434
30 434
30 434
Free-cash
91 491
95 385
85 611
87 110

Estimated living cost  is ₽30434 per week

₽20805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
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.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80065
₽83182
₽102682
₽80414
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
income
-
-
-
21 088
unemployment
-
-
-
2 588
health
-
-
-
12 075
pensions
-
-
-
17 250
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.

24 275
9 661
144 351
-
unemployment
364
145
2 165
-
pensions
2 428
966
14 435
-
income
2 968
1 181
17 647
-
health
1 699
676
10 105
-
total
7 459
2 968
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.

24 275
9 661
144 351
-
pensions
4 734
1 884
28 149
-
total
4 734
1 884
28 149
-
Corporate
143 491
160 955
-
-
income
12 914
14 486
-
-
total
12 914
14 486
-
-
Dividends
130 577
146 469
-
-
social contributions
25 352
28 451
-
-
withholding
24 810
27 829
-
-
total
50 162
56 280
-
-
Income
172 500
172 500
172 500
172 500
Total tax
75 269
75 618
72 501
53 001
After tax
97 231
96 882
99 999
119 499
Living cost
16 817
16 817
16 817
16 817
Free-cash
80 414
80 065
83 182
102 682

Estimated living cost  is ₽16817 per week

₽11476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115337
₽76762
₽69796
₽109506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
income
-
-
-
23 116
health
-
-
-
22 425
pensions
-
-
-
34 499
total
-
-
-
80 040
Employee
26 618
-
128 923
-
unemployment
426
-
2 062
-
pensions
532
-
2 578
-
income
2 997
-
24 857
-
total
3 955
-
29 497
-
Employer
26 618
-
128 923
-
health
3 460
-
16 761
-
pensions
5 324
-
25 785
-
unemployment
214
-
1 031
-
total
8 998
-
43 577
-
Corporate
136 884
172 500
-
-
income
27 377
34 499
-
-
total
27 377
34 499
-
-
Dividends
109 507
138 001
-
-
total
-
-
-
-
Income
172 500
172 500
172 500
172 500
Total tax
40 330
34 499
73 074
80 040
After tax
132 170
138 001
99 426
92 460
Living cost
22 664
22 664
22 664
22 664
Free-cash
109 506
115 337
76 762
69 796

Estimated living cost  is ₽22664 per week

₽15545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6975
₽72919
₽96956
₽10760
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
accident
-
-
-
240
income
-
-
-
47 964
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
54 596
Employee
32 952
-
155 599
-
pensions
3 710
-
7 264
-
income
4 521
-
36 652
-
health
3 773
-
17 816
-
total
12 004
-
61 732
-
Employer
32 952
-
155 599
-
pensions
5 358
-
10 490
-
accident
550
-
2 599
-
unemployment
807
-
3 812
-
total
6 715
-
16 901
-
Corporate
132 832
172 500
-
-
income

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

119 549
155 250
-
-
total
119 549
155 250
-
-
Dividends
13 283
17 250
-
-
withholding
2 524
3 277
-
-
total
2 524
3 277
-
-
Income
172 500
172 500
172 500
172 500
Total tax
140 792
158 527
78 633
54 596
After tax
31 708
13 973
93 867
117 904
Living cost
20 948
20 948
20 948
20 948
Free-cash
10 760
-6 975
72 919
96 956

Estimated living cost  is ₽20948 per week

₽15353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156314
₽130439
₽163214
₽154897
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 450
-
172 500
-
income
1 890
-
34 500
-
total
1 890
-
34 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

163 050
172 500
-
-
total
-
-
-
-
Dividends
163 050
172 500
-
-
withholding
8 152
8 625
-
-
total
8 152
8 625
-
-
Income
172 500
172 500
172 500
172 500
Total tax
10 042
8 625
34 500
1 725
After tax
162 458
163 875
138 000
170 775
Living cost
7 561
7 561
7 561
7 561
Free-cash
154 897
156 314
130 439
163 214

Estimated living cost  is ₽7561 per week

₽4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101734
₽72593
₽72869
₽95398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 329
other
-
-
-
6 777
health
-
-
-
6 278
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.

-
-
-
34 245
total
-
-
-
74 629
Employee
34 069
-
137 782
-
unemployment
340
-
1 378
-
pensions

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

2 384
-
9 644
-
income
5 865
-
27 238
-
health
477
-
1 928
-
total
9 066
-
40 188
-
Employer
34 069
-
137 782
-
health
477
-
1 928
-
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.

5 792
-
23 422
-
accident
272
-
1 102
-
unemployment
340
-
1 378
-
other
1 704
-
6 887
-
total
8 585
-
34 717
-
Corporate
129 845
172 500
-
-
income
27 268
36 225
-
-
total
27 268
36 225
-
-
Dividends
102 577
136 275
-
-
withholding
7 181
9 539
-
-
total
7 181
9 539
-
-
Income
172 500
172 500
172 500
172 500
Total tax
52 100
45 764
74 905
74 629
After tax
120 400
126 736
97 595
97 871
Living cost
25 002
25 002
25 002
25 002
Free-cash
95 398
101 734
72 593
72 869

Estimated living cost  is ₽25002 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49432
₽35576
₽51145
₽53687
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 087
pensions
-
-
-
8 582
total
-
-
-
58 669
Employee
88 691
-
150 621
-
pensions
8 556
-
10 501
-
income
15 987
-
39 703
-
health
1 461
-
2 155
-
total
26 004
-
52 359
-
Employer
88 691
-
150 621
-
health
1 684
-
2 861
-
pensions
10 472
-
19 018
-
total
12 156
-
21 879
-
Corporate
71 653
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.

13 614
32 776
-
-
total
13 614
32 776
-
-
Dividends
58 039
139 724
-
-
withholding
4 353
27 606
-
-
total
4 353
27 606
-
-
Income
172 500
172 500
172 500
172 500
Total tax
56 127
60 382
74 238
58 669
After tax
116 373
112 118
98 262
113 831
Living cost
62 686
62 686
62 686
62 686
Free-cash
53 687
49 432
35 576
51 145

Estimated living cost  is ₽62686 per week

₽46972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽135189
₽132421
₽125577
₽130832
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
income
-
-
-
25 875
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
34 624
Employee
16 286
-
166 071
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 877
-
income
1 628
-
16 607
-
health
749
-
1 507
-
total
3 986
-
21 351
-
Employer
16 286
-
166 071
-
health
1 124
-
2 261
-
pensions

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

1 795
-
3 611
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
unemployment
97
-
197
-
total
3 195
-
6 429
-
Corporate
153 018
172 500
-
-
income
15 302
17 250
-
-
total
15 302
17 250
-
-
Dividends
137 716
155 250
-
-
withholding
6 886
7 762
-
-
total
6 886
7 762
-
-
Income
172 500
172 500
172 500
172 500
Total tax
29 369
25 012
27 780
34 624
After tax
143 131
147 488
144 720
137 876
Living cost
12 299
12 299
12 299
12 299
Free-cash
130 832
135 189
132 421
125 577

Estimated living cost  is ₽12299 per week

₽7181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33481
₽56528
₽42703
₽35842
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 204
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
77 767
Employee
86 993
80 127
155 062
-
pensions
10 993
10 993
10 993
-
income

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

13 116
13 116
23 942
-
health
10 853
10 461
11 570
-
total
34 962
34 570
46 505
-
Employer
86 993
80 127
155 062
-
health
6 045
5 570
6 921
-
pensions
6 054
5 577
6 932
-
unemployment
3 132
2 885
3 584
-
total
15 231
14 032
17 437
-
Corporate
70 276
78 341
-
-
income
14 054
15 668
-
-
total
14 054
15 668
-
-
Dividends
56 222
62 674
-
-
income
11 948
13 317
-
-
withholding
8 433
9 402
-
-
total
20 381
22 719
-
-
Income
172 500
172 500
172 500
172 500
Total tax
84 628
86 989
63 942
77 767
After tax
87 872
85 511
108 558
94 733
Living cost
52 030
52 030
52 030
52 030
Free-cash
35 842
33 481
56 528
42 703

Estimated living cost  is ₽52030 per week

₽38381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95755
₽67959
₽75487
₽87546
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 415
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
189
health
-
-
-
23 287
total
-
-
-
74 002
Employee
33 839
-
132 249
-
solidarity contribution
-
-
-
-
social contributions
2 200
-
7 371
-
income
4 061
-
16 054
-
health
4 568
-
17 854
-
total
10 829
-
41 279
-
Employer
33 839
-
132 249
-
health
3 045
-
11 902
-
social contributions
8 460
-
28 349
-
total
11 505
-
40 251
-
Corporate
127 156
172 500
-
-
income
24 160
32 775
-
-
total
24 160
32 775
-
-
Dividends
102 996
139 725
-
-
withholding
15 449
20 959
-
-
total
15 449
20 959
-
-
Income
172 500
172 500
172 500
172 500
Total tax
61 943
53 734
81 530
74 002
After tax
110 557
118 766
90 970
98 498
Living cost
23 011
23 011
23 011
23 011
Free-cash
87 546
95 755
67 959
75 487

Estimated living cost  is ₽23011 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽52443
₽34635
₽42427
₽47542
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
social contributions
-
-
-
44 367
regional
-
-
-
2 043
municipal
-
-
-
1 026
national
-
-
-
43 044
total
-
-
-
90 480
Employee
83 391
-
172 500
-
municipal
442
-
915
-
national
14 450
-
37 386
-
regional
787
-
1 804
-
social contributions
28 119
-
58 167
-
total
43 798
-
98 272
-
Employer
83 391
-
172 500
-
total
-
-
-
-
Corporate
89 109
172 500
-
-
municipal
3 476
6 727
-
-
nationa
21 387
41 399
-
-
total
24 863
48 126
-
-
Dividends
64 247
124 374
-
-
withholding
16 704
32 338
-
-
total
16 704
32 338
-
-
Income
172 500
172 500
172 500
172 500
Total tax
85 365
80 464
98 272
90 480
After tax
87 135
92 036
74 228
82 020
Living cost
39 593
39 593
39 593
39 593
Free-cash
47 542
52 443
34 635
42 427

Estimated living cost  is ₽39593 per week

₽27599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87798
₽55094
₽60828
₽84878
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 081
other
-
-
-
-
surtax
-
-
-
7 735
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
90 967
Employee
31 029
-
146 140
-
other
-
-
-
-
unemployment
2 160
-
8 716
-
pensions
2 069
-
8 353
-
surtax
101
-
6 611
-
income
5 201
-
43 468
-
health
792
-
3 193
-
total
10 323
-
70 341
-
Employer
31 029
-
146 140
-
health
1 412
-
5 698
-
pensions
4 136
-
16 693
-
unemployment
983
-
3 969
-
other
-
-
-
-
total
6 531
-
26 360
-
Corporate
134 940
172 500
-
-
income
35 085
44 850
-
-
total
35 085
44 850
-
-
Dividends
99 854
127 650
-
-
withholding
14 978
19 147
-
-
total
14 978
19 147
-
-
Income
172 500
172 500
172 500
172 500
Total tax
66 917
63 997
96 701
90 967
After tax
105 583
108 503
75 799
81 533
Living cost
20 705
20 705
20 705
20 705
Free-cash
84 878
87 798
55 094
60 828

Estimated living cost  is ₽20705 per week

₽12660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69293
₽55437
₽71006
₽75486
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 087
pensions
-
-
-
8 582
total
-
-
-
58 669
Employee
59 438
-
150 621
-
pensions
5 045
-
10 501
-
income
10 705
-
39 703
-
health
863
-
2 155
-
total
16 613
-
52 359
-
Employer
59 438
-
150 621
-
health
1 129
-
2 861
-
pensions
6 434
-
19 018
-
total
7 563
-
21 879
-
Corporate
105 498
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.

20 044
32 776
-
-
total
20 044
32 776
-
-
Dividends
85 455
139 724
-
-
withholding
9 969
27 606
-
-
total
9 969
27 606
-
-
Income
172 500
172 500
172 500
172 500
Total tax
54 189
60 382
74 238
58 669
After tax
118 311
112 118
98 262
113 831
Living cost
42 825
42 825
42 825
42 825
Free-cash
75 486
69 293
55 437
71 006

Estimated living cost  is ₽42825 per week

₽32084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
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.
₽7082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4795
₽57464
₽65288
₽36492
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
3 450
regional
-
-
-
8 606
health
-
-
-
388
city
-
-
-
1 819
national
-
-
-
2 994
pensions
-
-
-
15 869
total
-
-
-
33 126
Employee
86 700
-
154 395
-
unemployment
-
-
-
-
pensions
7 284
-
12 970
-
national
410
-
2 169
-
regional
2 839
-
7 398
-
city
930
-
1 659
-
health
196
-
348
-
total
11 659
-
24 544
-
Employer
86 700
-
154 395
-
health
196
-
348
-
pensions
7 284
-
12 970
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 733
-
3 088
-
total
9 213
-
16 406
-
Corporate
75 634
172 500
-
-
regional
15 997
36 484
-
-
national
6 430
14 663
-
-
total
22 427
51 147
-
-
Dividends
53 207
121 353
-
-
withholding
18 623
42 472
-
-
total
18 623
42 472
-
-
Income
172 500
172 500
172 500
172 500
Total tax
61 922
93 619
40 950
33 126
After tax
110 578
78 881
131 550
139 374
Living cost
74 086
74 086
74 086
74 086
Free-cash
36 492
4 795
57 464
65 288

Estimated living cost  is ₽74086 per week

₽48177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽910
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽42232
₽66007
₽43904
₽57448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
172 500
income

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

-
-
-
54 122
surtax

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

-
-
-
2 977
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.

-
-
-
6 410
trade
-
-
-
22 103
total
-
-
-
85 612
Employee

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

56 390
-
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.

365
-
2 977
-
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.

6 631
-
54 122
-
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.

6 410
-
6 410
-
total
13 406
-
63 509
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
116 110
172 500
-
-
income
17 416
25 876
-
-
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.

958
1 423
-
-
chamber of commerce
306
385
-
-
trade
19 913
29 583
-
-
total
38 593
57 267
-
-
Dividends
77 517
115 234
-
-
surtax

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

1 047
1 565
-
-
withholding
19 022
28 452
-
-
total
20 069
30 017
-
-
Income
172 500
172 500
172 500
172 500
Total tax
72 068
87 284
63 509
85 612
After tax
100 432
85 216
108 991
86 888
Living cost
42 984
42 984
42 984
42 984
Free-cash
57 448
42 232
66 007
43 904

Estimated living cost  is ₽42984 per week

₽31394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54837
₽61863
₽64990
₽60377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 556
other
-
-
-
5 347
surtax
-
-
-
-
social contributions
-
-
-
4 914
health
-
-
-
7 520
pensions
-
-
-
30 070
total
-
-
-
75 407
Employee
40 158
-
133 262
-
pensions
4 541
-
9 366
-
surtax
-
-
-
-
social contributions
1 145
-
3 798
-
income
2 370
-
26 133
-
total
8 056
-
39 297
-
Employer
40 158
-
133 262
-
health
2 812
-
12 448
-
pensions
6 597
-
15 750
-
unemployment
1 626
-
5 397
-
social contributions
121
-
401
-
other
1 385
-
5 241
-
total
12 541
-
39 237
-
Corporate
119 801
172 500
-
-
income
33 545
48 301
-
-
surtax
-
-
-
-
total
33 545
48 301
-
-
Dividends
86 256
124 199
-
-
surtax
-
-
-
-
social contributions
14 836
21 362
-
-
withholding
11 042
15 897
-
-
total
25 878
37 259
-
-
Income
172 500
172 500
172 500
172 500
Total tax
80 020
85 560
78 534
75 407
After tax
92 480
86 940
93 966
97 093
Living cost
32 103
32 103
32 103
32 103
Free-cash
60 377
54 837
61 863
64 990

Estimated living cost  is ₽32103 per week

₽20242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58018
₽65044
₽68171
₽63232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 556
other
-
-
-
5 347
surtax
-
-
-
-
social contributions
-
-
-
4 914
health
-
-
-
7 520
pensions
-
-
-
30 070
total
-
-
-
75 407
Employee
35 847
-
133 262
-
pensions
4 054
-
9 366
-
surtax
-
-
-
-
social contributions
1 022
-
3 798
-
income
1 848
-
26 133
-
total
6 924
-
39 297
-
Employer
35 847
-
133 262
-
health
2 509
-
12 448
-
pensions
5 890
-
15 750
-
unemployment
1 451
-
5 397
-
social contributions
107
-
401
-
other
1 238
-
5 241
-
total
11 195
-
39 237
-
Corporate
125 459
172 500
-
-
income
35 128
48 301
-
-
surtax
-
-
-
-
total
35 128
48 301
-
-
Dividends
90 331
124 199
-
-
surtax
-
-
-
-
social contributions
15 538
21 362
-
-
withholding
11 561
15 897
-
-
total
27 099
37 259
-
-
Income
172 500
172 500
172 500
172 500
Total tax
80 346
85 560
78 534
75 407
After tax
92 154
86 940
93 966
97 093
Living cost
28 922
28 922
28 922
28 922
Free-cash
63 232
58 018
65 044
68 171

Estimated living cost  is ₽28922 per week

₽16773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85343
₽87114
₽90883
₽85833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
income
-
-
-
25 876
social contributions
-
-
-
23 805
health
-
-
-
12 040
total
-
-
-
61 721
Employee
31 814
-
172 500
-
social contributions
4 391
-
23 805
-
income
5 306
-
29 645
-
health
2 220
-
12 040
-
total
11 917
-
65 490
-
Employer
31 814
-
172 500
-
total
-
-
-
-
Corporate
140 686
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%.

7 033
8 625
-
-
total
7 033
8 625
-
-
Dividends
133 653
163 875
-
-
social contributions
18 444
22 616
-
-
withholding
20 048
24 581
-
-
health
9 329
11 439
-
-
total
47 821
58 636
-
-
Income
172 500
172 500
172 500
172 500
Total tax
66 771
67 261
65 490
61 721
After tax
105 729
105 239
107 010
110 779
Living cost
19 896
19 896
19 896
19 896
Free-cash
85 833
85 343
87 114
90 883

Estimated living cost  is ₽19896 per week

₽13315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62311
₽12570
₽55491
₽60861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
income
-
-
-
48 652
surtax
-
-
-
185
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
691
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
83 947
Employee
46 892
37 393
138 649
-
other
468
374
1 097
-
unemployment
1 407
1 122
3 289
-
pensions
4 802
3 828
11 225
-
income
5 338
2 758
39 394
-
health
1 814
1 448
4 241
-
total
13 829
9 530
59 246
-
Employer
46 892
37 393
138 649
-
chamber of commerce
187
150
554
-
health
1 772
1 414
4 143
-
pensions
5 885
4 694
13 757
-
accident
609
486
1 424
-
unemployment
1 407
1 122
3 289
-
surtax
185
185
185
-
payroll
1 407
1 122
4 160
-
other
2 228
1 775
6 339
-
total
13 680
10 948
33 851
-
Corporate
111 929
124 160
135 088
-
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.

27 982
31 040
33 771
-
total
27 982
31 040
33 771
-
Dividends
83 947
93 120
-
-
withholding
23 086
25 609
-
-
total
23 086
25 609
-
-
Income
172 500
172 500
172 500
172 500
Total tax
78 577
77 127
126 868
83 947
After tax
93 923
95 373
45 632
88 553
Living cost
33 062
33 062
33 062
33 062
Free-cash
60 861
62 311
12 570
55 491

Estimated living cost  is ₽33062 per week

₽22051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62247
₽26121
₽40620
₽48175
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
communal

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

-
-
-
8 946
social contributions
-
-
-
23 393
national
-
-
-
65 329
total
-
-
-
97 668
Employee

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

67 117
-
133 606
-
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.

584
-
1 163
-
communal

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

3 501
-
6 969
-
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.

5 034
-
10 021
-
national
20 635
-
48 846
-
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.

3 153
-
6 280
-
total
32 907
-
73 279
-
Employer

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

67 117
-
133 606
-
health

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

4 127
-
8 216
-
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.

5 947
-
11 837
-
accident

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

872
-
1 736
-
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.

979
-
1 950
-
surtax
7 610
-
15 149
-
total
19 535
-
38 888
-
Corporate
85 846
172 500
-
-
income
17 169
34 499
-
-
surtax
344
691
-
-
total
17 513
35 190
-
-
Dividends
68 333
137 310
-
-
withholding

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

20 158
40 851
-
-
total
20 158
40 851
-
-
Income
172 500
172 500
172 500
172 500
Total tax
90 113
76 041
112 167
97 668
After tax
82 387
96 459
60 333
74 832
Living cost
34 212
34 212
34 212
34 212
Free-cash
48 175
62 247
26 121
40 620

Estimated living cost  is ₽34212 per week

₽22037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81009
₽58903
₽62840
₽74582
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
accident
-
-
-
783
income
-
-
-
49 683
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
75 774
Employee
46 707
-
144 774
-
other
46
-
87
-
unemployment
725
-
1 348
-
pensions
2 195
-
4 088
-
income
9 855
-
46 462
-
total
12 821
-
51 985
-
Employer
46 707
-
144 774
-
pensions
11 022
-
20 525
-
accident
924
-
1 722
-
unemployment
2 569
-
4 783
-
other
372
-
696
-
total
14 887
-
27 726
-
Corporate
110 906
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.

16 636
25 876
-
-
total
16 636
25 876
-
-
Dividends
94 270
146 624
-
-
withholding
19 688
31 729
-
-
total
19 688
31 729
-
-
Income
172 500
172 500
172 500
172 500
Total tax
64 032
57 605
79 711
75 774
After tax
108 468
114 895
92 789
96 726
Living cost
33 886
33 886
33 886
33 886
Free-cash
74 582
81 009
58 903
62 840

Estimated living cost  is ₽33886 per week

₽24953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and 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 Barcelona model

Close
Luxembourg , Luxembourg
₽49411
₽40364
₽33483
₽37177
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
communal
-
-
-
10 903
accident
-
-
-
1 455
income
-
-
-
29 139
surtax
-
-
-
8 552
health
-
-
-
12 121
pensions
-
-
-
25 856
total
-
-
-
88 026
Employee
71 057
-
154 087
-
pensions
5 684
-
12 327
-
surtax
4 355
-
9 443
-
income
6 863
-
34 105
-
health
3 162
-
6 857
-
total
20 064
-
62 732
-
Employer
71 057
-
154 087
-
health
2 167
-
4 699
-
pensions
5 684
-
12 327
-
accident
639
-
1 387
-
total
8 490
-
18 413
-
Corporate
92 953
172 500
-
-
communal
6 275
11 643
-
-
income
13 942
25 876
-
-
surtax
976
1 811
-
-
total
21 193
39 330
-
-
Dividends
71 760
133 170
-
-
income
23 821
12 793
-
-
withholding
10 764
19 975
-
-
total
34 585
32 768
-
-
Income
172 500
172 500
172 500
172 500
Total tax
84 332
72 098
81 145
88 026
After tax
88 168
100 402
91 355
84 474
Living cost
50 991
50 991
50 991
50 991
Free-cash
37 177
49 411
40 364
33 483

Estimated living cost  is ₽50991 per week

₽38251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87428
₽54724
₽60458
₽84443
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 081
other
-
-
-
-
surtax
-
-
-
7 735
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
90 967
Employee
31 599
-
146 140
-
other
-
-
-
-
unemployment
2 199
-
8 716
-
pensions
2 108
-
8 353
-
surtax
112
-
6 611
-
income
5 297
-
43 468
-
health
807
-
3 193
-
total
10 523
-
70 341
-
Employer
31 599
-
146 140
-
health
1 437
-
5 698
-
pensions
4 213
-
16 693
-
unemployment
1 002
-
3 969
-
other
-
-
-
-
total
6 652
-
26 360
-
Corporate
134 249
172 500
-
-
income
34 905
44 850
-
-
total
34 905
44 850
-
-
Dividends
99 344
127 650
-
-
withholding
14 902
19 147
-
-
total
14 902
19 147
-
-
Income
172 500
172 500
172 500
172 500
Total tax
66 982
63 997
96 701
90 967
After tax
105 518
108 503
75 799
81 533
Living cost
21 075
21 075
21 075
21 075
Free-cash
84 443
87 428
54 724
60 458

Estimated living cost  is ₽21075 per week

₽12724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65394
₽48435
₽56186
₽63311
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
social contributions
-
-
-
44 367
regional
-
-
-
2 601
municipal
-
-
-
1 026
national
-
-
-
43 044
total
-
-
-
91 038
Employee
52 049
-
172 500
-
municipal
276
-
915
-
national
8 246
-
37 386
-
regional
701
-
2 321
-
social contributions
17 551
-
58 167
-
total
26 774
-
98 789
-
Employer
52 049
-
172 500
-
total
-
-
-
-
Corporate
120 451
172 500
-
-
municipal
5 986
8 574
-
-
nationa
28 908
41 399
-
-
total
34 894
49 973
-
-
Dividends
85 556
122 527
-
-
withholding
22 245
31 857
-
-
total
22 245
31 857
-
-
Income
172 500
172 500
172 500
172 500
Total tax
83 913
81 830
98 789
91 038
After tax
88 587
90 670
73 711
81 462
Living cost
25 276
25 276
25 276
25 276
Free-cash
63 311
65 394
48 435
56 186

Estimated living cost  is ₽25276 per week

₽15719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
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.
₽6563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90411
₽62615
₽70143
₽80295
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 415
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
189
health
-
-
-
23 287
total
-
-
-
74 002
Employee
41 699
-
132 249
-
solidarity contribution
-
-
-
-
social contributions
2 710
-
7 371
-
income
5 004
-
16 054
-
health
5 629
-
17 854
-
total
13 343
-
41 279
-
Employer
41 699
-
132 249
-
health
3 753
-
11 902
-
social contributions
10 425
-
28 349
-
total
14 178
-
40 251
-
Corporate
116 624
172 500
-
-
income
22 159
32 775
-
-
total
22 159
32 775
-
-
Dividends
94 465
139 725
-
-
withholding
14 170
20 959
-
-
total
14 170
20 959
-
-
Income
172 500
172 500
172 500
172 500
Total tax
63 850
53 734
81 530
74 002
After tax
108 650
118 766
90 970
98 498
Living cost
28 355
28 355
28 355
28 355
Free-cash
80 295
90 411
62 615
70 143

Estimated living cost  is ₽28355 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽65540
₽15743
₽58803
₽65076
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
income
-
-
-
48 652
surtax
-
-
-
-
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
691
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
83 762
Employee
41 016
37 393
138 820
-
other
410
374
1 097
-
unemployment
1 230
1 122
3 289
-
pensions
4 200
3 828
11 225
-
income
3 654
2 758
39 476
-
health
1 587
1 448
4 241
-
total
11 081
9 530
59 328
-
Employer
41 016
37 393
138 820
-
chamber of commerce
164
150
556
-
health
1 551
1 414
4 143
-
pensions
5 148
4 694
13 757
-
accident
532
486
1 424
-
unemployment
1 230
1 122
3 289
-
surtax
-
-
-
-
payroll
1 230
1 122
4 165
-
other
1 948
1 775
6 346
-
total
11 803
10 763
33 680
-
Corporate
119 680
124 345
135 259
-
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.

29 920
31 086
33 814
-
total
29 920
31 086
33 814
-
Dividends
89 761
93 259
-
-
withholding
24 685
25 646
-
-
total
24 685
25 646
-
-
Income
172 500
172 500
172 500
172 500
Total tax
77 489
77 025
126 822
83 762
After tax
95 011
95 475
45 678
88 738
Living cost
29 935
29 935
29 935
29 935
Free-cash
65 076
65 540
15 743
58 803

Estimated living cost  is ₽29935 per week

₽17957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152093
₽126218
₽158993
₽149883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
172 500
microenterprise

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

-
-
-
1 725
total
-
-
-
1 725
Employee
14 727
-
172 500
-
income
2 946
-
34 500
-
total
2 946
-
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%.

157 773
172 500
-
-
total
-
-
-
-
Dividends
157 773
172 500
-
-
withholding
7 889
8 625
-
-
total
7 889
8 625
-
-
Income
172 500
172 500
172 500
172 500
Total tax
10 835
8 625
34 500
1 725
After tax
161 665
163 875
138 000
170 775
Living cost
11 782
11 782
11 782
11 782
Free-cash
149 883
152 093
126 218
158 993

Estimated living cost  is ₽11782 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93599
₽54149
₽58718
₽85749
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
172 500
income
-
-
-
39 881
unemployment
-
-
-
258
health
-
-
-
16 973
pensions
-
-
-
31 503
total
-
-
-
88 615
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.

41 492
-
149 259
-
unemployment
59
-
208
-
pensions
6 432
-
23 135
-
income
7 155
-
36 959
-
health
2 680
-
9 642
-
total
16 326
-
69 944
-
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.

41 492
-
149 259
-
health
2 764
-
9 941
-
pensions
3 672
-
13 210
-
unemployment
25
-
89
-
total
6 461
-
23 240
-
Corporate
124 548
172 500
-
-
income
23 664
32 776
-
-
total
23 664
32 776
-
-
Dividends
100 884
139 724
-
-
withholding
15 133
20 958
-
-
total
15 133
20 958
-
-
Income
172 500
172 500
172 500
172 500
Total tax
61 584
53 734
93 184
88 615
After tax
110 916
118 766
79 316
83 885
Living cost
25 167
25 167
25 167
25 167
Free-cash
85 749
93 599
54 149
58 718

Estimated living cost  is ₽25167 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64869
₽120200
₽79131
₽20687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
income
-
-
-
33 624
social contributions
-
-
-
19 665
total
-
-
-
53 289
Employee
57 469
-
-
-
social contributions
4 712
-
672
-
income
12 676
-
-
-
total
17 388
-
672
-
Employer
57 469
-
-
-
social contributions
81 031
-
11 548
-
total
81 031
-
11 548
-
Corporate
34 000
172 500
-
-
income
7 480
37 950
-
-
total
7 480
37 950
-
-
Dividends
26 520
134 550
-
-
income
5 834
29 601
-
-
total
5 834
29 601
-
-
Income
172 500
172 500
172 500
172 500
Total tax
111 733
67 551
12 220
53 289
After tax
60 767
104 949
160 280
119 211
Living cost
40 080
40 080
40 080
40 080
Free-cash
20 687
64 869
120 200
79 131

Estimated living cost  is ₽40080 per week

₽26005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
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.
₽9794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68686
₽49409
₽62486
₽67742
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
172 500
income
-
-
-
20 638
surtax
-
-
-
-
social contributions

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

-
-
-
59 944
total
-
-
-
80 582
Employee
43 155
-
139 393
-
surtax
-
-
-
-
social contributions
4 747
-
15 333
-
income
8 976
-
45 221
-
total
13 723
-
60 554
-
Employer
43 155
-
139 393
-
social contributions
10 249
-
33 105
-
total
10 249
-
33 105
-
Corporate
119 096
172 500
-
-
income
25 010
36 225
-
-
surtax
-
-
-
-
total
25 010
36 225
-
-
Dividends
94 086
136 275
-
-
withholding
26 344
38 157
-
-
total
26 344
38 157
-
-
Income
172 500
172 500
172 500
172 500
Total tax
75 326
74 382
93 659
80 582
After tax
97 174
98 118
78 841
91 918
Living cost
29 432
29 432
29 432
29 432
Free-cash
67 742
68 686
49 409
62 486

Estimated living cost  is ₽29432 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41621
₽48647
₽51774
₽48070
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 556
other
-
-
-
5 347
surtax
-
-
-
-
social contributions
-
-
-
4 914
health
-
-
-
7 520
pensions
-
-
-
30 070
total
-
-
-
75 407
Employee
58 768
-
133 262
-
pensions
6 647
-
9 366
-
surtax
-
-
-
-
social contributions
1 674
-
3 798
-
income
5 128
-
26 133
-
total
13 449
-
39 297
-
Employer
58 768
-
133 262
-
health
4 113
-
12 448
-
pensions
9 656
-
15 750
-
unemployment
2 381
-
5 397
-
social contributions
176
-
401
-
other
2 028
-
5 241
-
total
18 354
-
39 237
-
Corporate
95 378
172 500
-
-
income
26 706
48 301
-
-
surtax
-
-
-
-
total
26 706
48 301
-
-
Dividends
68 672
124 199
-
-
surtax
-
-
-
-
social contributions
11 811
21 362
-
-
withholding
8 791
15 897
-
-
total
20 602
37 259
-
-
Income
172 500
172 500
172 500
172 500
Total tax
79 111
85 560
78 534
75 407
After tax
93 389
86 940
93 966
97 093
Living cost
45 319
45 319
45 319
45 319
Free-cash
48 070
41 621
48 647
51 774

Estimated living cost  is ₽45319 per week

₽30671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127044
₽103173
₽98589
₽123893
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
income
-
-
-
7 756
social contributions
-
-
-
37 950
total
-
-
-
45 706
Employee
30 166
-
149 350
-
income
-
-
8 266
-
social contributions
1 960
-
9 708
-
total
1 960
-
17 974
-
Employer
30 166
-
149 350
-
social contributions
4 676
-
23 148
-
total
4 676
-
23 148
-
Corporate
137 659
172 500
-
-
income
13 766
17 251
-
-
total
13 766
17 251
-
-
Dividends
123 893
155 249
-
-
total
-
-
-
-
Income
172 500
172 500
172 500
172 500
Total tax
20 402
17 251
41 122
45 706
After tax
152 098
155 249
131 378
126 794
Living cost
28 205
28 205
28 205
28 205
Free-cash
123 893
127 044
103 173
98 589

Estimated living cost  is ₽28205 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
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.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31926
-₽31926
₽56133
-₽31926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 735
municipal
-
-
-
36 147
national
-
-
-
20 485
pensions
-
-
-
813
total
-
-
-
71 180
Employee
190 722
190 722
190 722
-
municipal
40 613
40 613
40 613
-
labour market
15 236
15 236
15 236
-
pensions
271
271
271
-
national
23 300
23 300
23 300
-
total
79 420
79 420
79 420
-
Employer
190 722
190 722
190 722
-
national
23 341
23 341
23 341
-
labour market
15 258
15 258
15 258
-
pensions
542
542
542
-
municipal
40 678
40 678
40 678
-
total
79 819
79 819
79 819
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
172 500
172 500
172 500
172 500
Total tax
159 239
159 239
159 239
71 180
After tax
13 261
13 261
13 261
101 320
Living cost
45 187
45 187
45 187
45 187
Free-cash
-31 926
-31 926
-31 926
56 133

Estimated living cost  is ₽45187 per week

₽30926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6666
₽73228
₽97265
₽10806
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
accident
-
-
-
240
income
-
-
-
47 964
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
54 596
Employee
32 466
-
155 599
-
pensions
3 656
-
7 264
-
income
4 454
-
36 652
-
health
3 718
-
17 816
-
total
11 828
-
61 732
-
Employer
32 466
-
155 599
-
pensions
5 279
-
10 490
-
accident
542
-
2 599
-
unemployment
796
-
3 812
-
total
6 617
-
16 901
-
Corporate
133 417
172 500
-
-
income

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

120 075
155 250
-
-
total
120 075
155 250
-
-
Dividends
13 342
17 250
-
-
withholding
2 535
3 277
-
-
total
2 535
3 277
-
-
Income
172 500
172 500
172 500
172 500
Total tax
141 055
158 527
78 633
54 596
After tax
31 445
13 973
93 867
117 904
Living cost
20 639
20 639
20 639
20 639
Free-cash
10 806
-6 666
73 228
97 265

Estimated living cost  is ₽20639 per week

₽15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71619
₽54009
₽74187
₽74149
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 265
municipal
-
-
-
30 643
national
-
-
-
29 381
total
-
-
-
62 289
Employee
49 366
-
145 116
-
municipal
8 086
-
23 634
-
unemployment
741
-
2 176
-
pensions
3 332
-
9 795
-
national
816
-
17 635
-
health
369
-
1 843
-
total
13 344
-
55 083
-
Employer
49 366
-
145 116
-
health
379
-
1 118
-
pensions
8 565
-
25 178
-
accident
50
-
144
-
unemployment
321
-
944
-
total
9 315
-
27 384
-
Corporate
113 819
172 500
-
-
income
22 763
34 499
-
-
total
22 763
34 499
-
-
Dividends

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

68 292
103 501
-
-
municipal
12 293
18 631
-
-
national
4 612
11 727
-
-
total
16 905
30 358
-
-
Income
172 500
172 500
172 500
172 500
Total tax
62 327
64 857
82 467
62 289
After tax
110 173
107 643
90 033
110 211
Living cost
36 024
36 024
36 024
36 024
Free-cash
74 149
71 619
54 009
74 187

Estimated living cost  is ₽36024 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104095
₽94321
₽95820
₽98987
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 377
social contributions
-
-
-
15 181
health
-
-
-
4 398
total
-
-
-
54 956
Employee
72 151
72 151
161 437
-
social contributions
2 728
5 988
8 077
-
income
7 856
6 679
34 571
-
health
559
1 227
2 744
-
total
11 143
13 894
45 392
-
Employer
72 151
72 151
161 437
-
health
607
1 335
2 986
-
social contributions
2 728
5 988
8 077
-
total
3 335
7 323
11 063
-
Corporate
136 298
93 025
-
-
income
17 037
11 627
-
-
total
17 037
11 627
-
-
Dividends
119 261
81 398
-
-
withholding
20 274
13 837
-
-
total
20 274
13 837
-
-
Income
172 500
172 500
172 500
172 500
Total tax
51 789
46 681
56 455
54 956
After tax
120 711
125 819
116 045
117 544
Living cost
21 724
21 724
21 724
21 724
Free-cash
98 987
104 095
94 321
95 820

Estimated living cost  is ₽21724 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127951
₽111780
₽130601
₽123176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
172 500
income
-
-
-
17 610
unemployment
-
-
-
27
health
-
-
-
3 396
pensions
-
-
-
5 969
total
-
-
-
27 002
Employee

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

21 537
-
163 330
-
unemployment
107
-
445
-
pensions
3 230
-
13 355
-
income
1 473
-
15 285
-
health
1 830
-
7 568
-
total
6 640
-
36 653
-
Employer

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

21 537
-
163 330
-
health
926
-
3 828
-
pensions
1 184
-
4 897
-
unemployment
107
-
445
-
total
2 217
-
9 170
-
Corporate
148 746
172 500
-
-
income
13 387
15 525
-
-
total
13 387
15 525
-
-
Dividends
135 359
156 975
-
-
withholding
12 183
14 127
-
-
total
12 183
14 127
-
-
Income
172 500
172 500
172 500
172 500
Total tax
34 427
29 652
45 823
27 002
After tax
138 073
142 848
126 677
145 498
Living cost
14 897
14 897
14 897
14 897
Free-cash
123 176
127 951
111 780
130 601

Estimated living cost  is ₽14897 per week

₽9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89093
₽66987
₽70924
₽84948
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
accident
-
-
-
783
income
-
-
-
49 683
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
75 774
Employee
34 695
-
144 774
-
other
34
-
87
-
unemployment
538
-
1 348
-
pensions
1 631
-
4 088
-
income
6 689
-
46 462
-
total
8 892
-
51 985
-
Employer
34 695
-
144 774
-
pensions
8 187
-
20 525
-
accident
687
-
1 722
-
unemployment
1 909
-
4 783
-
other
278
-
696
-
total
11 061
-
27 726
-
Corporate
126 744
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.

19 012
25 876
-
-
total
19 012
25 876
-
-
Dividends
107 733
146 624
-
-
withholding
22 785
31 729
-
-
total
22 785
31 729
-
-
Income
172 500
172 500
172 500
172 500
Total tax
61 750
57 605
79 711
75 774
After tax
110 750
114 895
92 789
96 726
Living cost
25 802
25 802
25 802
25 802
Free-cash
84 948
89 093
66 987
70 924

Estimated living cost  is ₽25802 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
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.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105740
₽108974
₽109109
₽105428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
income
-
-
-
59 100
health
-
-
-
1 005
pensions
-
-
-
1 386
total
-
-
-
61 491
Employee
2 894
-
170 941
-
unemployment
29
-
69
-
pensions
260
-
624
-
income
560
-
59 027
-
health
145
-
347
-
total
994
-
60 067
-
Employer
2 894
-
170 941
-
health
275
-
658
-
pensions
318
-
762
-
unemployment
58
-
139
-
total
651
-
1 559
-
Corporate
168 954
172 500
-
-
income
37 170
37 950
-
-
total
37 170
37 950
-
-
Dividends
131 784
134 550
-
-
withholding
26 357
26 910
-
-
total
26 357
26 910
-
-
Income
172 500
172 500
172 500
172 500
Total tax
65 172
64 860
61 626
61 491
After tax
107 328
107 640
110 874
111 009
Living cost
1 900
1 900
1 900
1 900
Free-cash
105 428
105 740
108 974
109 109

Estimated living cost  is ₽1900 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108435
₽90929
₽90929
₽103827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
172 500
income
-
-
-
39 213
unemployment
-
-
-
1 038
health
-
-
-
7 129
pensions
-
-
-
17 995
total
-
-
-
65 375
Employee

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

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

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

24 423
-
160 111
-
unemployment
183
-
519
-
pensions
3 419
-
9 690
-
income
3 367
-
39 213
-
health
1 258
-
3 564
-
total
8 227
-
52 986
-
Employer

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

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

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

24 423
-
160 111
-
health
1 258
-
3 564
-
pensions
2 931
-
8 306
-
unemployment
183
-
519
-
total
4 372
-
12 389
-
Corporate
143 705
172 500
-
-
income
21 556
25 875
-
-
total
21 556
25 875
-
-
Dividends
122 149
146 625
-
-
withholding
18 322
21 994
-
-
total
18 322
21 994
-
-
Income
172 500
172 500
172 500
172 500
Total tax
52 477
47 869
65 375
65 375
After tax
120 023
124 631
107 125
107 125
Living cost
16 196
16 196
16 196
16 196
Free-cash
103 827
108 435
90 929
90 929

Estimated living cost  is ₽16196 per week

₽10905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72822
₽53545
₽66622
₽72484
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
172 500
income
-
-
-
20 638
surtax
-
-
-
-
social contributions

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

-
-
-
59 944
total
-
-
-
80 582
Employee
36 418
-
139 393
-
surtax
-
-
-
-
social contributions
4 006
-
15 333
-
income
7 116
-
45 221
-
total
11 122
-
60 554
-
Employer
36 418
-
139 393
-
social contributions
8 648
-
33 105
-
total
8 648
-
33 105
-
Corporate
127 434
172 500
-
-
income
26 761
36 225
-
-
surtax
-
-
-
-
total
26 761
36 225
-
-
Dividends
100 673
136 275
-
-
withholding
28 189
38 157
-
-
total
28 189
38 157
-
-
Income
172 500
172 500
172 500
172 500
Total tax
74 720
74 382
93 659
80 582
After tax
97 780
98 118
78 841
91 918
Living cost
25 296
25 296
25 296
25 296
Free-cash
72 484
72 822
53 545
66 622

Estimated living cost  is ₽25296 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81919
₽59813
₽63750
₽75779
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
accident
-
-
-
783
income
-
-
-
49 683
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
75 774
Employee
45 316
-
144 774
-
other
45
-
87
-
unemployment
702
-
1 348
-
pensions
2 130
-
4 088
-
income
9 465
-
46 462
-
total
12 342
-
51 985
-
Employer
45 316
-
144 774
-
pensions
10 694
-
20 525
-
accident
897
-
1 722
-
unemployment
2 493
-
4 783
-
other
363
-
696
-
total
14 447
-
27 726
-
Corporate
112 736
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.

16 910
25 876
-
-
total
16 910
25 876
-
-
Dividends
95 826
146 624
-
-
withholding
20 046
31 729
-
-
total
20 046
31 729
-
-
Income
172 500
172 500
172 500
172 500
Total tax
63 745
57 605
79 711
75 774
After tax
108 755
114 895
92 789
96 726
Living cost
32 976
32 976
32 976
32 976
Free-cash
75 779
81 919
59 813
63 750

Estimated living cost  is ₽32976 per week

₽23682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131351
₽128583
₽121739
₽125632
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
income
-
-
-
25 875
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
34 624
Employee
21 368
-
166 071
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 877
-
income
2 137
-
16 607
-
health
983
-
1 507
-
total
5 231
-
21 351
-
Employer
21 368
-
166 071
-
health
1 475
-
2 261
-
pensions

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

2 355
-
3 611
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
unemployment
128
-
197
-
total
4 193
-
6 429
-
Corporate
146 940
172 500
-
-
income
14 694
17 250
-
-
total
14 694
17 250
-
-
Dividends
132 245
155 250
-
-
withholding
6 613
7 762
-
-
total
6 613
7 762
-
-
Income
172 500
172 500
172 500
172 500
Total tax
30 731
25 012
27 780
34 624
After tax
141 769
147 488
144 720
137 876
Living cost
16 137
16 137
16 137
16 137
Free-cash
125 632
131 351
128 583
121 739

Estimated living cost  is ₽16137 per week

₽10673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52540
₽72766
₽54273
₽64813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
172 500
income

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

-
-
-
54 122
surtax

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

-
-
-
2 977
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.

-
-
-
6 410
trade
-
-
-
18 493
total
-
-
-
82 002
Employee

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

46 686
-
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.

212
-
2 977
-
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.

3 839
-
54 122
-
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.

6 410
-
6 410
-
total
10 461
-
63 509
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
125 814
172 500
-
-
income
18 873
25 876
-
-
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.

1 038
1 423
-
-
chamber of commerce
328
395
-
-
trade
18 054
24 754
-
-
total
38 293
52 448
-
-
Dividends
87 522
120 052
-
-
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.

1 184
1 631
-
-
withholding
21 524
29 656
-
-
total
22 708
31 287
-
-
Income
172 500
172 500
172 500
172 500
Total tax
71 462
83 735
63 509
82 002
After tax
101 038
88 765
108 991
90 498
Living cost
36 225
36 225
36 225
36 225
Free-cash
64 813
52 540
72 766
54 273

Estimated living cost  is ₽36225 per week

₽24989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67300
₽36613
₽36613
₽69371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
income
-
-
-
53 491
social contributions
-
-
-
28 946
total
-
-
-
82 437
Employee
73 396
-
172 500
-
income
13 850
-
53 491
-
social contributions
6 098
-
28 946
-
total
19 948
-
82 437
-
Employer
73 396
-
172 500
-
total
-
-
-
-
Corporate
99 104
172 500
-
-
income
12 388
21 563
-
-
total
12 388
21 563
-
-
Dividends
86 716
150 937
-
-
withholding
17 343
30 187
-
-
total
17 343
30 187
-
-
Income
172 500
172 500
172 500
172 500
Total tax
49 679
51 750
82 437
82 437
After tax
122 821
120 750
90 063
90 063
Living cost
53 450
53 450
53 450
53 450
Free-cash
69 371
67 300
36 613
36 613

Estimated living cost  is ₽53450 per week

₽40664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
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.
₽7920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73107
₽88150
₽106043
₽76386
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
172 500
income
-
-
-
26 709
health

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

-
-
-
5 687
total
-
-
-
32 396
Employee
43 044
-
168 184
-
income
4 671
-
41 657
-
social contributions
4 313
-
4 316
-
total
8 984
-
45 973
-
Employer
43 044
-
168 184
-
social contributions
4 313
-
4 316
-
total
4 313
-
4 316
-
Corporate
125 143
172 500
-
-
income
43 799
60 375
-
-
total
43 799
60 375
-
-
Dividends
81 344
112 125
-
-
social contributions
4 957
4 957
-
-
total
4 957
4 957
-
-
Income
172 500
172 500
172 500
172 500
Total tax
62 053
65 332
50 289
32 396
After tax
110 447
107 168
122 211
140 104
Living cost
34 061
34 061
34 061
34 061
Free-cash
76 386
73 107
88 150
106 043

Estimated living cost  is ₽34061 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77302
₽63447
₽79016
₽82854
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 087
pensions
-
-
-
8 582
total
-
-
-
58 669
Employee
47 789
-
150 621
-
pensions
3 648
-
10 501
-
income
8 703
-
39 703
-
health
623
-
2 155
-
total
12 974
-
52 359
-
Employer
47 789
-
150 621
-
health
908
-
2 861
-
pensions
4 828
-
19 018
-
total
5 736
-
21 879
-
Corporate
118 974
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.

22 605
32 776
-
-
total
22 605
32 776
-
-
Dividends
96 369
139 724
-
-
withholding
13 516
27 606
-
-
total
13 516
27 606
-
-
Income
172 500
172 500
172 500
172 500
Total tax
54 831
60 382
74 238
58 669
After tax
117 669
112 118
98 262
113 831
Living cost
34 815
34 815
34 815
34 815
Free-cash
82 854
77 302
63 447
79 016

Estimated living cost  is ₽34815 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
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.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8709
₽71185
₽95222
₽10494
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
accident
-
-
-
240
income
-
-
-
47 964
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
54 596
Employee
35 680
-
155 599
-
pensions
4 018
-
7 264
-
income
4 895
-
36 652
-
health
4 085
-
17 816
-
total
12 998
-
61 732
-
Employer
35 680
-
155 599
-
pensions
5 801
-
10 490
-
accident
596
-
2 599
-
unemployment
874
-
3 812
-
total
7 271
-
16 901
-
Corporate
129 549
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.

116 594
155 250
-
-
total
116 594
155 250
-
-
Dividends
12 955
17 250
-
-
withholding
2 461
3 277
-
-
total
2 461
3 277
-
-
Income
172 500
172 500
172 500
172 500
Total tax
139 324
158 527
78 633
54 596
After tax
33 176
13 973
93 867
117 904
Living cost
22 682
22 682
22 682
22 682
Free-cash
10 494
-8 709
71 185
95 222

Estimated living cost  is ₽22682 per week

₽16646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132482
₽110636
₽90000
₽128092
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
172 500
income
-
-
-
28 550
unemployment
-
-
-
1 801
work injury
-
-
-
750
health insurance
-
-
-
11 106
pensions
-
-
-
27 616
total
-
-
-
69 823
Employee

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

20 283
-
172 500
-
health insurance
1 501
-
5 553
-
unemployment
243
-
901
-
work injury
101
-
375
-
pensions
3 732
-
13 808
-
income
2 028
-
28 550
-
total
7 605
-
49 187
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
152 217
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%.

1 522
1 725
-
-
total
1 522
1 725
-
-
Dividends
150 695
170 775
-
-
withholding
22 604
25 616
-
-
total
22 604
25 616
-
-
Income
172 500
172 500
172 500
172 500
Total tax
31 731
27 341
49 187
69 823
After tax
140 769
145 159
123 313
102 677
Living cost
12 677
12 677
12 677
12 677
Free-cash
128 092
132 482
110 636
90 000

Estimated living cost  is ₽12677 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53482
₽35026
₽42596
₽49213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
172 500
social contributions
-
-
-
44 367
regional
-
-
-
3 959
municipal
-
-
-
1 154
national
-
-
-
43 044
total
-
-
-
92 524
Employee
79 067
-
172 500
-
municipal
472
-
1 029
-
national
13 362
-
37 386
-
regional
1 194
-
3 512
-
social contributions
26 661
-
58 167
-
total
41 689
-
100 094
-
Employer
79 067
-
172 500
-
total
-
-
-
-
Corporate
93 433
172 500
-
-
municipal
4 503
8 314
-
-
nationa
22 423
41 399
-
-
total
26 926
49 713
-
-
Dividends
66 506
122 787
-
-
withholding
17 292
31 925
-
-
total
17 292
31 925
-
-
Income
172 500
172 500
172 500
172 500
Total tax
85 907
81 638
100 094
92 524
After tax
86 593
90 862
72 406
79 976
Living cost
37 380
37 380
37 380
37 380
Free-cash
49 213
53 482
35 026
42 596

Estimated living cost  is ₽37380 per week

₽26257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close