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
₽ 173500
per

Your estimated
City
free-cash

Dresden , Germany
₽56948
₽68112
₽60020
₽79957
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
173 500
trade
-
-
-
19 937
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.

-
-
-
53 160
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.

-
-
-
6 894
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.

-
-
-
2 924
total
-
-
-
82 915
Employee

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

38 597
-
173 500
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
2 924
-
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.

1 078
-
53 160
-
total
8 031
-
62 978
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
134 903
173 500
-
-
surtax

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

1 113
1 430
-
-
income
20 236
26 025
-
-
trade
21 247
27 327
-
-
chamber of commerce
347
402
-
-
total
42 943
55 184
-
-
Dividends
91 962
118 316
-
-
surtax

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

1 243
1 607
-
-
withholding
22 606
29 196
-
-
total
23 849
30 803
-
-
Income
173 500
173 500
173 500
173 500
Total tax
74 823
85 987
62 978
82 915
After tax
98 677
87 513
110 522
90 585
Living cost
30 565
30 565
30 565
30 565
Free-cash
68 112
56 948
79 957
60 020

Estimated living cost  is ₽30565 per week

₽19226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57274
₽56425
₽51432
₽52604
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
municipal
-
-
-
18 981
pensions
-
-
-
20 820
national
-
-
-
29 412
social contributions
-
-
-
1 865
total
-
-
-
71 078
Employee
79 044
-
149 989
-
municipal
9 763
-
19 652
-
pensions
3 162
-
6 000
-
national
15 129
-
30 643
-
total
28 054
-
56 295
-
Employer
79 044
-
149 989
-
social contributions
850
-
1 612
-
pensions
6 324
-
11 999
-
total
7 174
-
13 611
-
Corporate
82 066
173 500
-
-
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%.

16 413
34 700
-
-
total
16 413
34 700
-
-
Dividends
65 653
138 800
-
-
withholding
14 444
30 536
-
-
total
14 444
30 536
-
-
Income
173 500
173 500
173 500
173 500
Total tax
66 085
65 236
69 906
71 078
After tax
107 415
108 264
103 594
102 422
Living cost
50 990
50 990
50 990
50 990
Free-cash
56 425
57 274
52 604
51 432

Estimated living cost  is ₽50990 per week

₽34657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117806
₽109528
₽38512
₽51347
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
173 500
microenterprise
-
-
-
-
income
-
-
-
31 088
surtax
-
-
-
44 242
social contributions

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

-
-
-
38 664
total
-
-
-
113 994
Employee
29 487
-
130 206
-
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.

3 244
-
13 229
-
surtax
-
-
18 880
-
income
5 249
-
25 756
-
total
8 493
-
57 865
-
Employer
29 487
-
130 206
-
social contributions

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

7 103
-
28 972
-
surtax
-
-
14 322
-
total
7 103
-
43 294
-
Corporate
136 910
173 500
-
-
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%.

27 382
34 700
-
-
total
27 382
34 700
-
-
Dividends

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

109 528
138 800
-
-
total
-
-
-
-
Income
173 500
173 500
173 500
173 500
Total tax
42 978
34 700
101 159
113 994
After tax
130 522
138 800
72 341
59 506
Living cost
20 994
20 994
20 994
20 994
Free-cash
109 528
117 806
51 347
38 512

Estimated living cost  is ₽20994 per week

₽13393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
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.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43561
₽37380
₽53808
₽65663
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
income
-
-
-
53 152
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
77 419
Employee
86 174
86 174
154 747
-
health
13 227
11 251
12 444
-
income

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

14 105
14 105
22 543
-
pensions
15 511
11 823
11 823
-
total
42 843
37 179
46 810
-
Employer
86 174
86 174
154 747
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
73 293
72 235
-
-
income
14 659
14 447
-
-
total
14 659
14 447
-
-
Dividends
58 633
57 789
-
-
income
12 459
12 281
-
-
withholding
8 796
8 669
-
-
total
21 255
20 950
-
-
Income
173 500
173 500
173 500
173 500
Total tax
93 847
87 666
65 564
77 419
After tax
79 653
85 834
107 936
96 081
Living cost
42 273
42 273
42 273
42 273
Free-cash
37 380
43 561
65 663
53 808

Estimated living cost  is ₽42273 per week

₽29958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55742
₽54866
₽50018
₽49072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
municipal
-
-
-
44 356
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 929
unemployment
-
-
-
85
health
-
-
-
5 332
national
-
-
-
15 383
total
-
-
-
84 493
Employee
55 556
-
146 651
-
municipal
16 567
-
43 731
-
national
-
-
14 860
-
total
16 567
-
58 591
-
Employer
55 556
-
146 651
-
accident
111
-
171
-
other
6 456
-
9 929
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 848
-
Corporate
100 488
173 500
-
-
income
22 107
38 170
-
-
total
22 107
38 170
-
-
Dividends
78 381
135 330
-
-
withholding
23 514
40 599
-
-
total
23 514
40 599
-
-
Income
173 500
173 500
173 500
173 500
Total tax
79 645
78 769
85 439
84 493
After tax
93 855
94 731
88 061
89 007
Living cost
38 989
38 989
38 989
38 989
Free-cash
54 866
55 742
49 072
50 018

Estimated living cost  is ₽38989 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46980
₽61160
₽50056
₽70880
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
173 500
trade
-
-
-
20 824
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.

-
-
-
53 160
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.

-
-
-
6 894
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.

-
-
-
2 924
total
-
-
-
83 802
Employee

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

51 174
-
173 500
-
health

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

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

6 894
-
6 894
-
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.

241
-
2 924
-
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.

4 397
-
53 160
-
total
11 532
-
62 978
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
122 326
173 500
-
-
surtax

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

1 009
1 430
-
-
income
18 349
26 025
-
-
trade
20 123
28 541
-
-
chamber of commerce
327
400
-
-
total
39 808
56 396
-
-
Dividends
82 517
117 104
-
-
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.

1 113
1 589
-
-
withholding
20 245
28 893
-
-
total
21 358
30 482
-
-
Income
173 500
173 500
173 500
173 500
Total tax
72 698
86 878
62 978
83 802
After tax
100 802
86 622
110 522
89 698
Living cost
39 642
39 642
39 642
39 642
Free-cash
61 160
46 980
70 880
50 056

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93852
₽89666
₽86069
₽84532
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
income
-
-
-
33 949
health
-
-
-
4 424
social contributions
-
-
-
16 327
total
-
-
-
54 700
Employee
77 596
77 596
161 820
-
social contributions
3 771
6 440
8 686
-
health
772
1 319
2 752
-
income
8 148
7 183
33 120
-
total
12 691
14 942
44 558
-
Employer
77 596
77 596
161 820
-
social contributions
3 771
6 440
8 686
-
health
841
1 436
2 993
-
total
4 612
7 876
11 679
-
Corporate
123 467
88 027
-
-
income
15 433
11 004
-
-
total
15 433
11 004
-
-
Dividends
108 035
77 024
-
-
withholding
18 367
13 095
-
-
total
18 367
13 095
-
-
Income
173 500
173 500
173 500
173 500
Total tax
51 103
46 917
56 237
54 700
After tax
122 397
126 583
117 263
118 800
Living cost
32 731
32 731
32 731
32 731
Free-cash
89 666
93 852
84 532
86 069

Estimated living cost  is ₽32731 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
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.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽79137
₽79517
₽101858
₽82244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
income
-
-
-
21 210
pensions
-
-
-
17 350
unemployment
-
-
-
2 602
health
-
-
-
12 145
total
-
-
-
53 307
Employee

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

The minimum wage is 138,000 HUF per month.

26 467
10 533
145 188
-
health
1 853
737
10 163
-
income
3 236
1 288
17 749
-
pensions
2 647
1 053
14 519
-
unemployment
397
158
2 178
-
total
8 133
3 236
44 609
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 467
10 533
145 188
-
pensions
5 161
2 054
28 312
-
total
5 161
2 054
28 312
-
Corporate
141 872
160 913
-
-
income
12 769
14 482
-
-
total
12 769
14 482
-
-
Dividends
129 104
146 431
-
-
social contributions
25 055
28 434
-
-
withholding
24 530
27 822
-
-
total
49 585
56 256
-
-
Income
173 500
173 500
173 500
173 500
Total tax
75 648
76 028
72 921
53 307
After tax
97 852
97 472
100 579
120 193
Living cost
18 335
18 335
18 335
18 335
Free-cash
79 517
79 137
82 244
101 858

Estimated living cost  is ₽18335 per week

₽12512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114426
₽108155
₽68621
₽75628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
income
-
-
-
23 250
pensions
-
-
-
34 700
health
-
-
-
22 555
total
-
-
-
80 505
Employee
28 627
-
129 670
-
income
3 223
-
25 000
-
pensions
573
-
2 593
-
unemployment
458
-
2 074
-
total
4 254
-
29 667
-
Employer
28 627
-
129 670
-
unemployment
230
-
1 038
-
pensions
5 726
-
25 935
-
health
3 721
-
16 858
-
total
9 677
-
43 831
-
Corporate
135 197
173 500
-
-
income
27 040
34 700
-
-
total
27 040
34 700
-
-
Dividends
108 157
138 800
-
-
total
-
-
-
-
Income
173 500
173 500
173 500
173 500
Total tax
40 971
34 700
73 498
80 505
After tax
132 529
138 800
100 002
92 995
Living cost
24 374
24 374
24 374
24 374
Free-cash
108 155
114 426
75 628
68 621

Estimated living cost  is ₽24374 per week

₽16718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8018
₽10668
₽96546
₽72058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
accident
-
-
-
253
income
-
-
-
47 896
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
54 883
Employee
34 719
-
156 019
-
health
3 975
-
17 864
-
income
4 763
-
36 372
-
pensions
3 909
-
7 654
-
total
12 647
-
61 890
-
Employer
34 719
-
156 019
-
accident
580
-
2 606
-
unemployment
851
-
3 822
-
pensions
5 646
-
11 053
-
total
7 077
-
17 481
-
Corporate
131 706
173 500
-
-
income

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

118 535
156 150
-
-
total
118 535
156 150
-
-
Dividends
13 170
17 350
-
-
withholding
2 502
3 297
-
-
total
2 502
3 297
-
-
Income
173 500
173 500
173 500
173 500
Total tax
140 761
159 447
79 371
54 883
After tax
32 739
14 053
94 129
118 617
Living cost
22 071
22 071
22 071
22 071
Free-cash
10 668
-8 018
72 058
96 546

Estimated living cost  is ₽22071 per week

₽16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155746
₽154044
₽162686
₽129721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
173 500
microenterprise

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

-
-
-
1 735
total
-
-
-
1 735
Employee
11 349
-
173 500
-
income
2 269
-
34 700
-
total
2 269
-
34 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

162 151
173 500
-
-
total
-
-
-
-
Dividends
162 151
173 500
-
-
withholding
8 108
8 675
-
-
total
8 108
8 675
-
-
Income
173 500
173 500
173 500
173 500
Total tax
10 377
8 675
34 700
1 735
After tax
163 123
164 825
138 800
171 765
Living cost
9 079
9 079
9 079
9 079
Free-cash
154 044
155 746
129 721
162 686

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100582
₽93767
₽69355
₽71545
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
income
-
-
-
26 387
pensions

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

-
-
-
36 829
other
-
-
-
7 288
health
-
-
-
6 752
total
-
-
-
77 256
Employee
36 640
-
138 578
-
health
513
-
1 940
-
income
6 308
-
27 118
-
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.

2 564
-
9 701
-
unemployment
366
-
1 386
-
total
9 751
-
40 145
-
Employer
36 640
-
138 578
-
accident
293
-
1 109
-
other
1 833
-
6 928
-
unemployment
366
-
1 386
-
pensions

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

6 229
-
23 558
-
health
513
-
1 940
-
total
9 234
-
34 921
-
Corporate
127 626
173 500
-
-
income
26 802
36 435
-
-
total
26 802
36 435
-
-
Dividends
100 824
137 065
-
-
withholding
7 057
9 594
-
-
total
7 057
9 594
-
-
Income
173 500
173 500
173 500
173 500
Total tax
52 844
46 029
75 066
77 256
After tax
120 656
127 471
98 434
96 244
Living cost
26 889
26 889
26 889
26 889
Free-cash
93 767
100 582
71 545
69 355

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
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.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46374
₽48365
₽47696
₽31965
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
income
-
-
-
49 070
pensions
-
-
-
9 012
total
-
-
-
58 082
Employee
95 816
-
151 607
-
health
1 579
-
2 217
-
income
17 272
-
38 582
-
pensions
9 244
-
11 122
-
total
28 095
-
51 921
-
Employer
95 816
-
151 607
-
pensions
11 313
-
19 011
-
health
1 820
-
2 881
-
total
13 133
-
21 892
-
Corporate
64 551
173 500
-
-
income

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

12 265
32 965
-
-
total
12 265
32 965
-
-
Dividends
52 285
140 535
-
-
withholding
3 920
26 439
-
-
total
3 920
26 439
-
-
Income
173 500
173 500
173 500
173 500
Total tax
57 413
59 404
73 813
58 082
After tax
116 087
114 096
99 687
115 418
Living cost
67 722
67 722
67 722
67 722
Free-cash
48 365
46 374
31 965
47 696

Estimated living cost  is ₽67722 per week

₽50745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽135103
₽130413
₽124819
₽131575
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
income
-
-
-
26 025
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
35 442
Employee
17 531
-
166 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
16 658
-
pensions

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

1 539
-
3 097
-
total
4 291
-
21 765
-
Employer
17 531
-
166 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
152 529
173 500
-
-
income
15 253
17 350
-
-
total
15 253
17 350
-
-
Dividends
137 276
156 150
-
-
withholding
6 864
7 808
-
-
total
6 864
7 808
-
-
Income
173 500
173 500
173 500
173 500
Total tax
29 848
25 158
28 686
35 442
After tax
143 652
148 342
144 814
138 058
Living cost
13 239
13 239
13 239
13 239
Free-cash
130 413
135 103
131 575
124 819

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29877
₽32418
₽40124
₽51979
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
income
-
-
-
53 152
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
77 419
Employee
93 558
86 174
154 747
-
health
11 672
11 251
12 444
-
income

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

14 105
14 105
22 543
-
pensions
11 823
11 823
11 823
-
total
37 600
37 179
46 810
-
Employer
93 558
86 174
154 747
-
unemployment
3 368
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 501
5 990
7 444
-
total
16 380
15 090
18 754
-
Corporate
63 561
72 235
-
-
income
12 712
14 447
-
-
total
12 712
14 447
-
-
Dividends
50 850
57 789
-
-
income
10 806
12 281
-
-
withholding
7 627
8 669
-
-
total
18 433
20 950
-
-
Income
173 500
173 500
173 500
173 500
Total tax
85 125
87 666
65 564
77 419
After tax
88 375
85 834
107 936
96 081
Living cost
55 957
55 957
55 957
55 957
Free-cash
32 418
29 877
51 979
40 124

Estimated living cost  is ₽55957 per week

₽41278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95288
₽86665
₽73840
₽66202
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
income
-
-
-
17 295
health
-
-
-
23 423
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 775
total
-
-
-
75 493
Employee
35 540
-
131 859
-
social contributions
2 310
-
7 741
-
health
4 798
-
17 801
-
solidarity contribution
-
-
-
-
income
4 265
-
15 948
-
total
11 373
-
41 490
-
Employer
35 540
-
131 859
-
social contributions
8 885
-
29 774
-
health
3 199
-
11 867
-
total
12 084
-
41 641
-
Corporate
125 877
173 500
-
-
income
23 917
32 965
-
-
total
23 917
32 965
-
-
Dividends
101 960
140 535
-
-
withholding
15 294
21 080
-
-
total
15 294
21 080
-
-
Income
173 500
173 500
173 500
173 500
Total tax
62 668
54 045
83 131
75 493
After tax
110 832
119 455
90 369
98 007
Living cost
24 167
24 167
24 167
24 167
Free-cash
86 665
95 288
66 202
73 840

Estimated living cost  is ₽24167 per week

₽16787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49990
₽44721
₽40589
₽32750
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
municipal
-
-
-
1 030
regional
-
-
-
2 044
national
-
-
-
42 631
social contributions
-
-
-
44 625
total
-
-
-
90 330
Employee
89 684
-
173 500
-
social contributions
30 241
-
58 505
-
regional
846
-
1 803
-
municipal
475
-
919
-
national
15 540
-
36 942
-
total
47 102
-
98 169
-
Employer
89 684
-
173 500
-
total
-
-
-
-
Corporate
83 816
173 500
-
-
nationa
20 115
41 639
-
-
municipal
3 269
6 766
-
-
total
23 384
48 405
-
-
Dividends
60 432
125 095
-
-
withholding
15 712
32 524
-
-
total
15 712
32 524
-
-
Income
173 500
173 500
173 500
173 500
Total tax
86 198
80 929
98 169
90 330
After tax
87 302
92 571
75 331
83 170
Living cost
42 581
42 581
42 581
42 581
Free-cash
44 721
49 990
32 750
40 589

Estimated living cost  is ₽42581 per week

₽29682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86864
₽83722
₽59890
₽53704
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
income
-
-
-
47 377
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
7 237
total
-
-
-
91 342
Employee
33 371
-
145 151
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
6 046
-
income
5 594
-
41 341
-
pensions
2 225
-
8 983
-
unemployment
2 323
-
9 374
-
total
11 103
-
69 178
-
Employer
33 371
-
145 151
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 953
-
health
1 519
-
6 128
-
total
7 025
-
28 350
-
Corporate
133 105
173 500
-
-
income
34 608
45 109
-
-
total
34 608
45 109
-
-
Dividends
98 497
128 391
-
-
withholding
14 774
19 259
-
-
total
14 774
19 259
-
-
Income
173 500
173 500
173 500
173 500
Total tax
67 510
64 368
97 528
91 342
After tax
105 990
109 132
75 972
82 158
Living cost
22 268
22 268
22 268
22 268
Free-cash
83 722
86 864
53 704
59 890

Estimated living cost  is ₽22268 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67830
₽74519
₽69152
₽53421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
income
-
-
-
49 070
pensions
-
-
-
9 012
total
-
-
-
58 082
Employee
64 213
-
151 607
-
health
932
-
2 217
-
income
11 565
-
38 582
-
pensions
5 450
-
11 122
-
total
17 947
-
51 921
-
Employer
64 213
-
151 607
-
pensions
6 951
-
19 011
-
health
1 220
-
2 881
-
total
8 171
-
21 892
-
Corporate
101 116
173 500
-
-
income

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

19 212
32 965
-
-
total
19 212
32 965
-
-
Dividends
81 903
140 535
-
-
withholding
7 385
26 439
-
-
total
7 385
26 439
-
-
Income
173 500
173 500
173 500
173 500
Total tax
52 715
59 404
73 813
58 082
After tax
120 785
114 096
99 687
115 418
Living cost
46 266
46 266
46 266
46 266
Free-cash
74 519
67 830
53 421
69 152

Estimated living cost  is ₽46266 per week

₽34662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3071
₽35701
₽64205
₽56227
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
city
-
-
-
1 830
pensions
-
-
-
15 962
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.

-
-
-
3 469
regional
-
-
-
8 534
health
-
-
-
390
national
-
-
-
2 844
total
-
-
-
33 029
Employee
89 251
-
155 291
-
city
958
-
1 669
-
regional
2 923
-
7 349
-
health
202
-
349
-
pensions
7 498
-
13 046
-
unemployment
-
-
-
-
national
422
-
2 092
-
total
12 003
-
24 505
-
Employer
89 251
-
155 291
-
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.

1 784
-
3 107
-
unemployment
-
-
-
-
pensions
7 498
-
13 046
-
health
202
-
349
-
total
9 484
-
16 502
-
Corporate
73 783
173 500
-
-
regional
15 606
36 696
-
-
national
6 272
14 748
-
-
total
21 878
51 444
-
-
Dividends
51 905
122 056
-
-
withholding
18 168
42 719
-
-
total
18 168
42 719
-
-
Income
173 500
173 500
173 500
173 500
Total tax
61 533
94 163
41 007
33 029
After tax
111 967
79 337
132 493
140 471
Living cost
76 266
76 266
76 266
76 266
Free-cash
35 701
3 071
56 227
64 205

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽39503
₽55864
₽42586
₽64294
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
173 500
trade
-
-
-
21 708
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.

-
-
-
53 160
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.

-
-
-
6 894
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.

-
-
-
2 924
total
-
-
-
84 686
Employee

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

60 646
-
173 500
-
health

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

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

6 894
-
6 894
-
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.

393
-
2 924
-
income

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

7 131
-
53 160
-
total
14 418
-
62 978
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
112 854
173 500
-
-
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.

931
1 430
-
-
income
16 928
26 025
-
-
trade
19 355
29 755
-
-
chamber of commerce
312
398
-
-
total
37 526
57 608
-
-
Dividends
75 328
115 891
-
-
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.

1 015
1 572
-
-
withholding
18 449
28 589
-
-
total
19 464
30 161
-
-
Income
173 500
173 500
173 500
173 500
Total tax
71 408
87 769
62 978
84 686
After tax
102 092
85 731
110 522
88 814
Living cost
46 228
46 228
46 228
46 228
Free-cash
55 864
39 503
64 294
42 586

Estimated living cost  is ₽46228 per week

₽33763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52922
₽58881
₽63316
₽61281
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
income
-
-
-
26 790
pensions
-
-
-
31 343
other
-
-
-
5 379
health
-
-
-
7 204
surtax
-
-
-
-
social contributions
-
-
-
4 943
total
-
-
-
75 659
Employee
43 189
-
134 679
-
social contributions
1 231
-
3 836
-
surtax
-
-
-
-
income
2 549
-
25 838
-
pensions
4 883
-
9 198
-
total
8 663
-
38 872
-
Employer
43 189
-
134 679
-
other
1 490
-
5 183
-
social contributions
130
-
404
-
unemployment
1 748
-
5 454
-
pensions
7 095
-
15 516
-
health
3 024
-
12 265
-
total
13 487
-
38 822
-
Corporate
116 824
173 500
-
-
surtax
-
-
-
-
income
32 710
48 579
-
-
total
32 710
48 579
-
-
Dividends
84 114
124 921
-
-
surtax
-
-
-
-
social contributions
14 468
21 484
-
-
withholding
10 766
15 990
-
-
total
25 234
37 474
-
-
Income
173 500
173 500
173 500
173 500
Total tax
80 094
86 053
77 694
75 659
After tax
93 406
87 447
95 806
97 841
Living cost
34 525
34 525
34 525
34 525
Free-cash
58 881
52 922
61 281
63 316

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56342
₽61947
₽66736
₽64701
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
income
-
-
-
26 790
pensions
-
-
-
31 343
other
-
-
-
5 379
health
-
-
-
7 204
surtax
-
-
-
-
social contributions
-
-
-
4 943
total
-
-
-
75 659
Employee
38 552
-
134 679
-
social contributions
1 099
-
3 836
-
surtax
-
-
-
-
income
1 988
-
25 838
-
pensions
4 360
-
9 198
-
total
7 447
-
38 872
-
Employer
38 552
-
134 679
-
other
1 331
-
5 183
-
social contributions
115
-
404
-
unemployment
1 561
-
5 454
-
pensions
6 335
-
15 516
-
health
2 698
-
12 265
-
total
12 040
-
38 822
-
Corporate
122 909
173 500
-
-
surtax
-
-
-
-
income
34 414
48 579
-
-
total
34 414
48 579
-
-
Dividends
88 494
124 921
-
-
surtax
-
-
-
-
social contributions
15 220
21 484
-
-
withholding
11 327
15 990
-
-
total
26 547
37 474
-
-
Income
173 500
173 500
173 500
173 500
Total tax
80 448
86 053
77 694
75 659
After tax
93 052
87 447
95 806
97 841
Living cost
31 105
31 105
31 105
31 105
Free-cash
61 947
56 342
64 701
66 736

Estimated living cost  is ₽31105 per week

₽18039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84452
₽84976
₽90024
₽86572
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
income
-
-
-
26 025
health
-
-
-
12 110
social contributions
-
-
-
23 943
total
-
-
-
62 078
Employee
34 215
-
173 500
-
social contributions
4 722
-
23 943
-
health
2 388
-
12 110
-
income
5 707
-
29 477
-
total
12 817
-
65 530
-
Employer
34 215
-
173 500
-
total
-
-
-
-
Corporate
139 285
173 500
-
-
income

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

6 965
8 675
-
-
total
6 965
8 675
-
-
Dividends
132 320
164 825
-
-
health
9 236
11 505
-
-
social contributions
18 259
22 746
-
-
withholding
19 849
24 724
-
-
total
47 344
58 975
-
-
Income
173 500
173 500
173 500
173 500
Total tax
67 126
67 650
65 530
62 078
After tax
106 374
105 850
107 970
111 422
Living cost
21 398
21 398
21 398
21 398
Free-cash
84 976
84 452
86 572
90 024

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60485
₽58919
₽53481
₽10495
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
chamber of commerce
-
-
-
693
income
-
-
-
46 553
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
84 462
Employee
50 431
40 215
137 910
-
other
504
402
1 180
-
health
1 951
1 557
4 561
-
income
5 741
2 966
36 990
-
pensions
5 165
4 117
12 072
-
unemployment
1 513
1 206
3 537
-
total
14 874
10 248
58 340
-
Employer
50 431
40 215
137 910
-
accident
655
523
1 532
-
other
2 396
1 909
6 381
-
chamber of commerce
201
161
552
-
unemployment
1 513
1 206
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 795
-
payroll
1 513
1 206
4 136
-
health
1 905
1 520
4 456
-
total
14 711
11 772
35 588
-
Corporate
108 358
121 512
134 082
-
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.

27 089
30 377
33 520
-
total
27 089
30 377
33 520
-
Dividends
81 269
91 134
-
-
withholding
22 350
25 061
-
-
total
22 350
25 061
-
-
Income
173 500
173 500
173 500
173 500
Total tax
79 024
77 458
127 448
84 462
After tax
94 476
96 042
46 052
89 038
Living cost
35 557
35 557
35 557
35 557
Free-cash
58 919
60 485
10 495
53 481

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60248
₽45113
₽38396
₽24527
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
national
-
-
-
64 250
communal

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

-
-
-
8 901
social contributions
-
-
-
25 159
total
-
-
-
98 310
Employee

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

72 183
-
134 379
-
communal

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

3 765
-
7 009
-
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.

3 391
-
6 316
-
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.

5 414
-
10 079
-
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.

628
-
1 168
-
national
22 192
-
48 487
-
total
35 390
-
73 059
-
Employer

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

72 183
-
134 379
-
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.

938
-
1 748
-
unemployment

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

1 053
-
1 963
-
surtax
8 185
-
15 239
-
pensions

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

6 396
-
11 905
-
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.

4 439
-
8 265
-
total
21 011
-
39 120
-
Corporate
80 306
173 500
-
-
surtax
322
693
-
-
income
16 061
34 700
-
-
total
16 383
35 393
-
-
Dividends
63 923
138 107
-
-
withholding

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

18 809
41 065
-
-
total
18 809
41 065
-
-
Income
173 500
173 500
173 500
173 500
Total tax
91 593
76 458
112 179
98 310
After tax
81 907
97 042
61 321
75 190
Living cost
36 794
36 794
36 794
36 794
Free-cash
45 113
60 248
24 527
38 396

Estimated living cost  is ₽36794 per week

₽23700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79257
₽72254
₽60971
₽56736
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
accident
-
-
-
843
income
-
-
-
48 025
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
76 086
Employee
50 231
-
143 682
-
other
50
-
94
-
income
10 598
-
44 561
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 788
-
50 502
-
Employer
50 231
-
143 682
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 074
-
total
16 011
-
29 819
-
Corporate
107 258
173 500
-
-
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.

16 088
26 025
-
-
total
16 088
26 025
-
-
Dividends
91 170
147 475
-
-
withholding
18 916
31 775
-
-
total
18 916
31 775
-
-
Income
173 500
173 500
173 500
173 500
Total tax
64 803
57 800
80 321
76 086
After tax
108 697
115 700
93 179
97 414
Living cost
36 443
36 443
36 443
36 443
Free-cash
72 254
79 257
56 736
60 971

Estimated living cost  is ₽36443 per week

₽26837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
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.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46922
₽34231
₽31417
₽38334
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
accident
-
-
-
1 463
income
-
-
-
28 019
pensions
-
-
-
26 006
health
-
-
-
12 189
surtax
-
-
-
8 602
communal
-
-
-
10 965
total
-
-
-
87 244
Employee
76 419
-
154 982
-
health
3 401
-
6 896
-
surtax
4 684
-
9 498
-
income
7 381
-
33 016
-
pensions
6 113
-
12 398
-
total
21 579
-
61 808
-
Employer
76 419
-
154 982
-
accident
687
-
1 394
-
pensions
6 113
-
12 398
-
health
2 331
-
4 726
-
total
9 131
-
18 518
-
Corporate
87 950
173 500
-
-
surtax
923
1 821
-
-
communal
5 936
11 712
-
-
income
13 192
26 025
-
-
total
20 051
39 558
-
-
Dividends
67 898
133 942
-
-
income
23 484
12 088
-
-
withholding
10 184
20 092
-
-
total
33 668
32 180
-
-
Income
173 500
173 500
173 500
173 500
Total tax
84 429
71 738
80 326
87 244
After tax
89 071
101 762
93 174
86 256
Living cost
54 839
54 839
54 839
54 839
Free-cash
34 231
46 922
38 334
31 417

Estimated living cost  is ₽54839 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86466
₽83257
₽59492
₽53306
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
income
-
-
-
47 377
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
7 237
total
-
-
-
91 342
Employee
33 983
-
145 151
-
other
-
-
-
-
health
867
-
3 434
-
surtax
121
-
6 046
-
income
5 697
-
41 341
-
pensions
2 267
-
8 983
-
unemployment
2 365
-
9 374
-
total
11 317
-
69 178
-
Employer
33 983
-
145 151
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 953
-
health
1 545
-
6 128
-
total
7 154
-
28 350
-
Corporate
132 362
173 500
-
-
income
34 414
45 109
-
-
total
34 414
45 109
-
-
Dividends
97 948
128 391
-
-
withholding
14 692
19 259
-
-
total
14 692
19 259
-
-
Income
173 500
173 500
173 500
173 500
Total tax
67 577
64 368
97 528
91 342
After tax
105 923
109 132
75 972
82 158
Living cost
22 666
22 666
22 666
22 666
Free-cash
83 257
86 466
53 306
59 492

Estimated living cost  is ₽22666 per week

₽13684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64013
₽61771
₽55414
₽47616
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
municipal
-
-
-
1 030
regional
-
-
-
2 617
national
-
-
-
42 631
social contributions
-
-
-
44 625
total
-
-
-
90 903
Employee
55 977
-
173 500
-
social contributions
18 876
-
58 505
-
regional
754
-
2 335
-
municipal
297
-
919
-
national
8 868
-
36 942
-
total
28 795
-
98 701
-
Employer
55 977
-
173 500
-
total
-
-
-
-
Corporate
117 523
173 500
-
-
nationa
28 206
41 639
-
-
municipal
5 841
8 623
-
-
total
34 047
50 262
-
-
Dividends
83 476
123 237
-
-
withholding
21 704
32 042
-
-
total
21 704
32 042
-
-
Income
173 500
173 500
173 500
173 500
Total tax
84 546
82 304
98 701
90 903
After tax
88 954
91 196
74 799
82 597
Living cost
27 183
27 183
27 183
27 183
Free-cash
61 771
64 013
47 616
55 414

Estimated living cost  is ₽27183 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
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.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89675
₽79051
₽68227
₽60589
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
income
-
-
-
17 295
health
-
-
-
23 423
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 775
total
-
-
-
75 493
Employee
43 794
-
131 859
-
social contributions
2 847
-
7 741
-
health
5 912
-
17 801
-
solidarity contribution
-
-
-
-
income
5 255
-
15 948
-
total
14 014
-
41 490
-
Employer
43 794
-
131 859
-
social contributions
10 949
-
29 774
-
health
3 941
-
11 867
-
total
14 890
-
41 641
-
Corporate
114 816
173 500
-
-
income
21 815
32 965
-
-
total
21 815
32 965
-
-
Dividends
93 001
140 535
-
-
withholding
13 950
21 080
-
-
total
13 950
21 080
-
-
Income
173 500
173 500
173 500
173 500
Total tax
64 669
54 045
83 131
75 493
After tax
108 831
119 455
90 369
98 007
Living cost
29 780
29 780
29 780
29 780
Free-cash
79 051
89 675
60 589
68 227

Estimated living cost  is ₽29780 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63954
₽63455
₽57043
₽13906
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
chamber of commerce
-
-
-
693
income
-
-
-
46 553
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
84 263
Employee
44 111
40 215
138 100
-
other
440
402
1 180
-
health
1 706
1 557
4 561
-
income
3 930
2 966
37 082
-
pensions
4 517
4 117
12 072
-
unemployment
1 323
1 206
3 537
-
total
11 916
10 248
58 432
-
Employer
44 111
40 215
138 100
-
accident
573
523
1 532
-
other
2 095
1 909
6 386
-
chamber of commerce
176
161
552
-
unemployment
1 323
1 206
3 537
-
surtax
-
-
-
-
pensions
5 536
5 048
14 795
-
payroll
1 323
1 206
4 142
-
health
1 668
1 520
4 456
-
total
12 694
11 573
35 400
-
Corporate
116 694
121 711
134 270
-
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.

29 173
30 427
33 568
-
total
29 173
30 427
33 568
-
Dividends
87 521
91 284
-
-
withholding
24 068
25 104
-
-
total
24 068
25 104
-
-
Income
173 500
173 500
173 500
173 500
Total tax
77 851
77 352
127 400
84 263
After tax
95 649
96 148
46 100
89 237
Living cost
32 194
32 194
32 194
32 194
Free-cash
63 455
63 954
13 906
57 043

Estimated living cost  is ₽32194 per week

₽19313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150676
₽148023
₽157616
₽124651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
173 500
microenterprise

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

-
-
-
1 735
total
-
-
-
1 735
Employee
17 686
-
173 500
-
income
3 537
-
34 700
-
total
3 537
-
34 700
-
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%.

155 814
173 500
-
-
total
-
-
-
-
Dividends
155 814
173 500
-
-
withholding
7 791
8 675
-
-
total
7 791
8 675
-
-
Income
173 500
173 500
173 500
173 500
Total tax
11 328
8 675
34 700
1 735
After tax
162 172
164 825
138 800
171 765
Living cost
14 149
14 149
14 149
14 149
Free-cash
148 023
150 676
124 651
157 616

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92388
₽83948
₽57888
₽53293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
173 500
income
-
-
-
39 528
pensions
-
-
-
31 685
unemployment
-
-
-
260
health
-
-
-
17 072
total
-
-
-
88 545
Employee

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

44 623
-
150 126
-
health
2 882
-
9 697
-
income
7 695
-
36 589
-
pensions
6 917
-
23 269
-
unemployment
63
-
211
-
total
17 557
-
69 766
-
Employer

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

44 623
-
150 126
-
unemployment
27
-
90
-
pensions
3 949
-
13 286
-
health
2 972
-
9 998
-
total
6 948
-
23 374
-
Corporate
121 929
173 500
-
-
income
23 166
32 965
-
-
total
23 166
32 965
-
-
Dividends
98 763
140 535
-
-
withholding
14 814
21 080
-
-
total
14 814
21 080
-
-
Income
173 500
173 500
173 500
173 500
Total tax
62 485
54 045
93 140
88 545
After tax
111 015
119 455
80 360
84 955
Living cost
27 067
27 067
27 067
27 067
Free-cash
83 948
92 388
53 293
57 888

Estimated living cost  is ₽27067 per week

₽18575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
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.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61992
₽13968
₽76337
₽116652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
income
-
-
-
33 819
social contributions
-
-
-
19 779
total
-
-
-
53 598
Employee
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
22 956
173 500
-
-
income
5 050
38 170
-
-
total
5 050
38 170
-
-
Dividends
17 906
135 330
-
-
income
3 939
29 773
-
-
total
3 939
29 773
-
-
Income
173 500
173 500
173 500
173 500
Total tax
115 967
67 943
13 283
53 598
After tax
57 533
105 557
160 217
119 902
Living cost
43 565
43 565
43 565
43 565
Free-cash
13 968
61 992
116 652
76 337

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67034
₽66017
₽61478
₽48383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
173 500
income
-
-
-
20 078
surtax
-
-
-
-
social contributions

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

-
-
-
60 291
total
-
-
-
80 369
Employee
46 411
-
140 202
-
social contributions
5 105
-
15 421
-
surtax
-
-
-
-
income
9 654
-
44 745
-
total
14 759
-
60 166
-
Employer
46 411
-
140 202
-
social contributions
11 023
-
33 298
-
total
11 023
-
33 298
-
Corporate
116 066
173 500
-
-
surtax
-
-
-
-
income
24 374
36 435
-
-
total
24 374
36 435
-
-
Dividends
91 692
137 065
-
-
withholding
25 674
38 378
-
-
total
25 674
38 378
-
-
Income
173 500
173 500
173 500
173 500
Total tax
75 830
74 813
93 464
80 369
After tax
97 670
98 687
80 036
93 131
Living cost
31 653
31 653
31 653
31 653
Free-cash
66 017
67 034
48 383
61 478

Estimated living cost  is ₽31653 per week

₽23683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38708
₽45641
₽49102
₽47067
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
income
-
-
-
26 790
pensions
-
-
-
31 343
other
-
-
-
5 379
health
-
-
-
7 204
surtax
-
-
-
-
social contributions
-
-
-
4 943
total
-
-
-
75 659
Employee
63 203
-
134 679
-
social contributions
1 800
-
3 836
-
surtax
-
-
-
-
income
5 515
-
25 838
-
pensions
7 149
-
9 198
-
total
14 464
-
38 872
-
Employer
63 203
-
134 679
-
other
2 181
-
5 183
-
social contributions
190
-
404
-
unemployment
2 560
-
5 454
-
pensions
10 385
-
15 516
-
health
4 424
-
12 265
-
total
19 740
-
38 822
-
Corporate
90 557
173 500
-
-
surtax
-
-
-
-
income
25 356
48 579
-
-
total
25 356
48 579
-
-
Dividends
65 201
124 921
-
-
surtax
-
-
-
-
social contributions
11 214
21 484
-
-
withholding
8 346
15 990
-
-
total
19 560
37 474
-
-
Income
173 500
173 500
173 500
173 500
Total tax
79 120
86 053
77 694
75 659
After tax
94 380
87 447
95 806
97 841
Living cost
48 739
48 739
48 739
48 739
Free-cash
45 641
38 708
47 067
49 102

Estimated living cost  is ₽48739 per week

₽32986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125816
₽122427
₽97591
₽102202
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
income
-
-
-
7 405
social contributions
-
-
-
38 170
total
-
-
-
45 575
Employee
32 442
-
150 216
-
income
-
-
7 917
-
social contributions
2 108
-
9 763
-
total
2 108
-
17 680
-
Employer
32 442
-
150 216
-
social contributions
5 029
-
23 284
-
total
5 029
-
23 284
-
Corporate
136 029
173 500
-
-
income
13 602
17 350
-
-
total
13 602
17 350
-
-
Dividends
122 427
156 150
-
-
total
-
-
-
-
Income
173 500
173 500
173 500
173 500
Total tax
20 739
17 350
40 964
45 575
After tax
152 761
156 150
132 536
127 925
Living cost
30 334
30 334
30 334
30 334
Free-cash
122 427
125 816
102 202
97 591

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽46458
-₽46458
₽53957
-₽46458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
municipal
-
-
-
36 012
pensions
-
-
-
875
national
-
-
-
20 226
labour market
-
-
-
13 810
total
-
-
-
70 923
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
173 500
173 500
173 500
173 500
Total tax
171 338
171 338
171 338
70 923
After tax
2 162
2 162
2 162
102 577
Living cost
48 620
48 620
48 620
48 620
Free-cash
-46 458
-46 458
-46 458
53 957

Estimated living cost  is ₽48620 per week

₽33276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
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.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7692
₽10718
₽96872
₽72384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
accident
-
-
-
253
income
-
-
-
47 896
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
54 883
Employee
34 207
-
156 019
-
health
3 917
-
17 864
-
income
4 693
-
36 372
-
pensions
3 852
-
7 654
-
total
12 462
-
61 890
-
Employer
34 207
-
156 019
-
accident
571
-
2 606
-
unemployment
838
-
3 822
-
pensions
5 562
-
11 053
-
total
6 971
-
17 481
-
Corporate
132 322
173 500
-
-
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.

119 090
156 150
-
-
total
119 090
156 150
-
-
Dividends
13 232
17 350
-
-
withholding
2 514
3 297
-
-
total
2 514
3 297
-
-
Income
173 500
173 500
173 500
173 500
Total tax
141 037
159 447
79 371
54 883
After tax
32 463
14 053
94 129
118 617
Living cost
21 745
21 745
21 745
21 745
Free-cash
10 718
-7 692
72 384
96 872

Estimated living cost  is ₽21745 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70239
₽72674
₽73781
₽52542
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
173 500
municipal
-
-
-
30 826
health
-
-
-
2 250
national
-
-
-
27 900
total
-
-
-
60 976
Employee
53 092
-
145 959
-
health
396
-
1 827
-
municipal
8 696
-
23 776
-
pensions
3 583
-
9 853
-
unemployment
797
-
2 189
-
national
877
-
17 028
-
total
14 349
-
54 673
-
Employer
53 092
-
145 959
-
accident
54
-
146
-
unemployment
345
-
948
-
pensions
9 211
-
25 324
-
health
408
-
1 124
-
total
10 018
-
27 542
-
Corporate
110 391
173 500
-
-
income
22 078
34 700
-
-
total
22 078
34 700
-
-
Dividends

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

66 235
104 100
-
-
national
3 715
11 080
-
-
municipal
11 923
18 738
-
-
total
15 638
29 818
-
-
Income
173 500
173 500
173 500
173 500
Total tax
62 083
64 518
82 215
60 976
After tax
111 417
108 982
91 285
112 524
Living cost
38 743
38 743
38 743
38 743
Free-cash
72 674
70 239
52 542
73 781

Estimated living cost  is ₽38743 per week

₽25307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103219
₽97727
₽95436
₽93899
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
income
-
-
-
33 949
health
-
-
-
4 424
social contributions
-
-
-
16 327
total
-
-
-
54 700
Employee
77 596
77 596
161 820
-
social contributions
2 934
6 440
8 686
-
health
601
1 319
2 752
-
income
8 449
7 183
33 120
-
total
11 984
14 942
44 558
-
Employer
77 596
77 596
161 820
-
social contributions
2 934
6 440
8 686
-
health
653
1 436
2 993
-
total
3 587
7 876
11 679
-
Corporate
134 565
88 027
-
-
income
16 821
11 004
-
-
total
16 821
11 004
-
-
Dividends
117 744
77 024
-
-
withholding
20 017
13 095
-
-
total
20 017
13 095
-
-
Income
173 500
173 500
173 500
173 500
Total tax
52 409
46 917
56 237
54 700
After tax
121 091
126 583
117 263
118 800
Living cost
23 364
23 364
23 364
23 364
Free-cash
97 727
103 219
93 899
95 436

Estimated living cost  is ₽23364 per week

₽14002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127654
₽122519
₽129760
₽109521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
173 500
income
-
-
-
17 618
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
27 718
Employee

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

23 163
-
163 638
-
health
1 969
-
8 139
-
income
1 584
-
15 115
-
pensions
3 474
-
14 362
-
unemployment
115
-
479
-
total
7 142
-
38 095
-
Employer

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

23 163
-
163 638
-
unemployment
115
-
479
-
pensions
1 273
-
5 266
-
health
996
-
4 117
-
total
2 384
-
9 862
-
Corporate
147 953
173 500
-
-
income
13 315
15 615
-
-
total
13 315
15 615
-
-
Dividends
134 638
157 885
-
-
withholding
12 118
14 209
-
-
total
12 118
14 209
-
-
Income
173 500
173 500
173 500
173 500
Total tax
34 959
29 824
47 957
27 718
After tax
138 541
143 676
125 543
145 782
Living cost
16 022
16 022
16 022
16 022
Free-cash
122 519
127 654
109 521
129 760

Estimated living cost  is ₽16022 per week

₽10222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
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.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87950
₽83494
₽69664
₽65429
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
accident
-
-
-
843
income
-
-
-
48 025
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
76 086
Employee
37 313
-
143 682
-
other
36
-
94
-
income
7 194
-
44 561
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
50 502
-
Employer
37 313
-
143 682
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 805
-
22 074
-
total
11 896
-
29 819
-
Corporate
124 291
173 500
-
-
income

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

18 644
26 025
-
-
total
18 644
26 025
-
-
Dividends
105 647
147 475
-
-
withholding
22 154
31 775
-
-
total
22 154
31 775
-
-
Income
173 500
173 500
173 500
173 500
Total tax
62 256
57 800
80 321
76 086
After tax
111 244
115 700
93 179
97 414
Living cost
27 750
27 750
27 750
27 750
Free-cash
83 494
87 950
65 429
69 664

Estimated living cost  is ₽27750 per week

₽18730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105508
₽105054
₽108400
₽108203
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
income
-
-
-
58 876
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
62 344
Employee
4 198
-
171 238
-
health
210
-
503
-
income
812
-
58 770
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
60 279
-
Employer
4 198
-
171 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
168 358
173 500
-
-
income
37 039
38 170
-
-
total
37 039
38 170
-
-
Dividends
131 319
135 330
-
-
withholding
26 264
27 066
-
-
total
26 264
27 066
-
-
Income
173 500
173 500
173 500
173 500
Total tax
65 690
65 236
62 541
62 344
After tax
107 810
108 264
110 959
111 156
Living cost
2 756
2 756
2 756
2 756
Free-cash
105 054
105 508
108 203
108 400

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107901
₽102936
₽88695
₽88696
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
173 500
income
-
-
-
39 159
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
67 352
Employee

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

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

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

26 319
-
160 149
-
health
1 355
-
3 841
-
income
3 628
-
39 159
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
54 001
-
Employer

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

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

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

26 319
-
160 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
142 470
173 500
-
-
income
21 371
26 025
-
-
total
21 371
26 025
-
-
Dividends
121 100
147 475
-
-
withholding
18 165
22 121
-
-
total
18 165
22 121
-
-
Income
173 500
173 500
173 500
173 500
Total tax
53 111
48 146
67 351
67 352
After tax
120 389
125 354
106 149
106 148
Living cost
17 453
17 453
17 453
17 453
Free-cash
102 936
107 901
88 696
88 695

Estimated living cost  is ₽17453 per week

₽11751
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.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71482
₽71118
₽65926
₽52831
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
173 500
income
-
-
-
20 078
surtax
-
-
-
-
social contributions

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

-
-
-
60 291
total
-
-
-
80 369
Employee
39 166
-
140 202
-
social contributions
4 309
-
15 421
-
surtax
-
-
-
-
income
7 653
-
44 745
-
total
11 962
-
60 166
-
Employer
39 166
-
140 202
-
social contributions
9 301
-
33 298
-
total
9 301
-
33 298
-
Corporate
125 033
173 500
-
-
surtax
-
-
-
-
income
26 256
36 435
-
-
total
26 256
36 435
-
-
Dividends
98 776
137 065
-
-
withholding
27 658
38 378
-
-
total
27 658
38 378
-
-
Income
173 500
173 500
173 500
173 500
Total tax
75 177
74 813
93 464
80 369
After tax
98 323
98 687
80 036
93 131
Living cost
27 205
27 205
27 205
27 205
Free-cash
71 118
71 482
52 831
65 926

Estimated living cost  is ₽27205 per week

₽19269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽80235
₽73573
₽61949
₽57714
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
accident
-
-
-
843
income
-
-
-
48 025
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
76 086
Employee
48 736
-
143 682
-
other
48
-
94
-
income
10 179
-
44 561
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 272
-
50 502
-
Employer
48 736
-
143 682
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 501
-
22 074
-
total
15 538
-
29 819
-
Corporate
109 226
173 500
-
-
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.

16 385
26 025
-
-
total
16 385
26 025
-
-
Dividends
92 842
147 475
-
-
withholding
19 267
31 775
-
-
total
19 267
31 775
-
-
Income
173 500
173 500
173 500
173 500
Total tax
64 462
57 800
80 321
76 086
After tax
109 038
115 700
93 179
97 414
Living cost
35 465
35 465
35 465
35 465
Free-cash
73 573
80 235
57 714
61 949

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130971
₽124818
₽120687
₽127443
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
income
-
-
-
26 025
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
35 442
Employee
23 001
-
166 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
16 658
-
pensions

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

2 019
-
3 097
-
total
5 630
-
21 765
-
Employer
23 001
-
166 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
145 986
173 500
-
-
income
14 599
17 350
-
-
total
14 599
17 350
-
-
Dividends
131 387
156 150
-
-
withholding
6 569
7 808
-
-
total
6 569
7 808
-
-
Income
173 500
173 500
173 500
173 500
Total tax
31 311
25 158
28 686
35 442
After tax
142 189
148 342
144 814
138 058
Living cost
17 371
17 371
17 371
17 371
Free-cash
124 818
130 971
127 443
120 687

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50341
₽63540
₽53397
₽71563
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
173 500
trade
-
-
-
18 166
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.

-
-
-
53 160
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.

-
-
-
6 894
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.

-
-
-
2 924
total
-
-
-
81 144
Employee

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

50 210
-
173 500
-
health

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

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

6 894
-
6 894
-
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.

228
-
2 924
-
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.

4 129
-
53 160
-
total
11 251
-
62 978
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
123 290
173 500
-
-
surtax

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

1 017
1 430
-
-
income
18 493
26 025
-
-
trade
17 693
24 897
-
-
chamber of commerce
333
408
-
-
total
37 536
52 760
-
-
Dividends
85 755
120 740
-
-
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.

1 159
1 639
-
-
withholding
21 055
29 801
-
-
total
22 214
31 440
-
-
Income
173 500
173 500
173 500
173 500
Total tax
71 001
84 200
62 978
81 144
After tax
102 499
89 300
110 522
92 356
Living cost
38 959
38 959
38 959
38 959
Free-cash
63 540
50 341
71 563
53 397

Estimated living cost  is ₽38959 per week

₽26875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63967
₽66193
₽34448
₽34448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
income
-
-
-
52 720
social contributions
-
-
-
28 848
total
-
-
-
81 568
Employee
78 935
-
173 500
-
income
14 895
-
52 720
-
social contributions
6 558
-
28 848
-
total
21 453
-
81 568
-
Employer
78 935
-
173 500
-
total
-
-
-
-
Corporate
94 565
173 500
-
-
income
11 821
21 687
-
-
total
11 821
21 687
-
-
Dividends
82 743
151 813
-
-
withholding
16 549
30 362
-
-
total
16 549
30 362
-
-
Income
173 500
173 500
173 500
173 500
Total tax
49 823
52 049
81 568
81 568
After tax
123 677
121 451
91 932
91 932
Living cost
57 484
57 484
57 484
57 484
Free-cash
66 193
63 967
34 448
34 448

Estimated living cost  is ₽57484 per week

₽43733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
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.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70814
₽74339
₽101403
₽86989
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
173 500
income
-
-
-
28 725
health

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

-
-
-
6 741
total
-
-
-
35 466
Employee
46 292
-
168 858
-
income
5 023
-
40 596
-
social contributions
4 638
-
4 642
-
total
9 661
-
45 238
-
Employer
46 292
-
168 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
122 570
173 500
-
-
income
42 900
60 724
-
-
total
42 900
60 724
-
-
Dividends
79 670
112 776
-
-
social contributions
5 331
5 331
-
-
total
5 331
5 331
-
-
Income
173 500
173 500
173 500
173 500
Total tax
62 530
66 055
49 880
35 466
After tax
110 970
107 445
123 620
138 034
Living cost
36 631
36 631
36 631
36 631
Free-cash
74 339
70 814
86 989
101 403

Estimated living cost  is ₽36631 per week

₽24129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76483
₽82481
₽77805
₽62074
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
income
-
-
-
49 070
pensions
-
-
-
9 012
total
-
-
-
58 082
Employee
51 629
-
151 607
-
health
673
-
2 217
-
income
9 402
-
38 582
-
pensions
3 941
-
11 122
-
total
14 016
-
51 921
-
Employer
51 629
-
151 607
-
pensions
5 216
-
19 011
-
health
981
-
2 881
-
total
6 197
-
21 892
-
Corporate
115 674
173 500
-
-
income

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

21 977
32 965
-
-
total
21 977
32 965
-
-
Dividends
93 697
140 535
-
-
withholding
11 216
26 439
-
-
total
11 216
26 439
-
-
Income
173 500
173 500
173 500
173 500
Total tax
53 406
59 404
73 813
58 082
After tax
120 094
114 096
99 687
115 418
Living cost
37 613
37 613
37 613
37 613
Free-cash
82 481
76 483
62 074
77 805

Estimated living cost  is ₽37613 per week

₽25802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9845
₽10388
₽94719
₽70231
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
accident
-
-
-
253
income
-
-
-
47 896
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
54 883
Employee
37 593
-
156 019
-
health
4 304
-
17 864
-
income
5 157
-
36 372
-
pensions
4 233
-
7 654
-
total
13 694
-
61 890
-
Employer
37 593
-
156 019
-
accident
628
-
2 606
-
unemployment
921
-
3 822
-
pensions
6 112
-
11 053
-
total
7 661
-
17 481
-
Corporate
128 246
173 500
-
-
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.

115 422
156 150
-
-
total
115 422
156 150
-
-
Dividends
12 824
17 350
-
-
withholding
2 437
3 297
-
-
total
2 437
3 297
-
-
Income
173 500
173 500
173 500
173 500
Total tax
139 214
159 447
79 371
54 883
After tax
34 286
14 053
94 129
118 617
Living cost
23 898
23 898
23 898
23 898
Free-cash
10 388
-9 845
70 231
94 719

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
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.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132369
₽127647
₽86946
₽109138
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
173 500
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
28 541
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
72 923
Employee

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

21 810
-
173 500
-
work injury
109
-
403
-
income
2 181
-
28 541
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
50 731
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
151 690
173 500
-
-
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%.

1 517
1 735
-
-
total
1 517
1 735
-
-
Dividends
150 173
171 765
-
-
withholding
22 526
25 765
-
-
total
22 526
25 765
-
-
Income
173 500
173 500
173 500
173 500
Total tax
32 222
27 500
50 731
72 923
After tax
141 278
146 000
122 769
100 577
Living cost
13 631
13 631
13 631
13 631
Free-cash
127 647
132 369
109 138
86 946

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51188
₽46598
₽40914
₽33297
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
173 500
municipal
-
-
-
1 160
regional
-
-
-
3 969
national
-
-
-
42 631
social contributions
-
-
-
44 625
total
-
-
-
92 385
Employee
85 034
-
173 500
-
social contributions
28 673
-
58 505
-
regional
1 284
-
3 521
-
municipal
507
-
1 034
-
national
14 370
-
36 942
-
total
44 834
-
100 002
-
Employer
85 034
-
173 500
-
total
-
-
-
-
Corporate
88 466
173 500
-
-
nationa
21 231
41 639
-
-
municipal
4 265
8 363
-
-
total
25 496
50 002
-
-
Dividends
62 969
123 498
-
-
withholding
16 371
32 109
-
-
total
16 371
32 109
-
-
Income
173 500
173 500
173 500
173 500
Total tax
86 701
82 111
100 002
92 385
After tax
86 799
91 389
73 498
81 115
Living cost
40 201
40 201
40 201
40 201
Free-cash
46 598
51 188
33 297
40 914

Estimated living cost  is ₽40201 per week

₽28238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
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.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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