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
₽ 174000
per

Your estimated
City
free-cash

Dresden , Germany
₽57340
₽68450
₽60262
₽80311
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
174 000
trade
-
-
-
20 049
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.

-
-
-
53 461
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.

-
-
-
6 862
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.

-
-
-
2 941
total
-
-
-
83 313
Employee

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

38 419
-
174 000
-
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.

6 862
-
6 862
-
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
-
2 941
-
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.

1 073
-
53 461
-
total
7 994
-
63 264
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
135 581
174 000
-
-
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.

1 119
1 435
-
-
income
20 337
26 099
-
-
trade
21 355
27 405
-
-
chamber of commerce
347
402
-
-
total
43 158
55 341
-
-
Dividends
92 423
118 658
-
-
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.

1 250
1 611
-
-
withholding
22 723
29 283
-
-
total
23 973
30 894
-
-
Income
174 000
174 000
174 000
174 000
Total tax
75 125
86 235
63 264
83 313
After tax
98 875
87 765
110 736
90 687
Living cost
30 425
30 425
30 425
30 425
Free-cash
68 450
57 340
80 311
60 262

Estimated living cost  is ₽30425 per week

₽19138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57897
₽57053
₽52009
₽53065
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
municipal
-
-
-
19 047
pensions
-
-
-
20 880
national
-
-
-
29 515
social contributions
-
-
-
1 870
total
-
-
-
71 312
Employee
78 562
-
150 421
-
municipal
9 704
-
19 720
-
pensions
3 142
-
6 017
-
national
15 037
-
30 868
-
total
27 883
-
56 605
-
Employer
78 562
-
150 421
-
social contributions
845
-
1 617
-
pensions
6 285
-
12 034
-
total
7 130
-
13 651
-
Corporate
83 123
174 000
-
-
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%.

16 625
34 800
-
-
total
16 625
34 800
-
-
Dividends
66 499
139 200
-
-
withholding
14 630
30 624
-
-
total
14 630
30 624
-
-
Income
174 000
174 000
174 000
174 000
Total tax
66 268
65 424
70 256
71 312
After tax
107 732
108 576
103 744
102 688
Living cost
50 679
50 679
50 679
50 679
Free-cash
57 053
57 897
53 065
52 009

Estimated living cost  is ₽50679 per week

₽34446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118304
₽110063
₽38895
₽51842
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
174 000
microenterprise
-
-
-
-
income
-
-
-
31 352
surtax
-
-
-
44 370
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.

-
-
-
38 486
total
-
-
-
114 208
Employee
29 351
-
130 776
-
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.

3 229
-
13 168
-
surtax
-
-
18 963
-
income
5 225
-
25 906
-
total
8 454
-
58 037
-
Employer
29 351
-
130 776
-
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.

7 070
-
28 838
-
surtax
-
-
14 386
-
total
7 070
-
43 224
-
Corporate
137 579
174 000
-
-
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%.

27 516
34 799
-
-
total
27 516
34 799
-
-
Dividends

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

110 063
139 201
-
-
total
-
-
-
-
Income
174 000
174 000
174 000
174 000
Total tax
43 040
34 799
101 261
114 208
After tax
130 960
139 201
72 739
59 792
Living cost
20 897
20 897
20 897
20 897
Free-cash
110 063
118 304
51 842
38 895

Estimated living cost  is ₽20897 per week

₽13332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
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.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44024
₽37869
₽54188
₽66313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
income
-
-
-
53 578
pensions
-
-
-
11 769
health
-
-
-
12 386
total
-
-
-
77 733
Employee
85 778
85 778
155 333
-
health
13 166
11 199
12 386
-
income

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

14 040
14 040
22 786
-
pensions
15 440
11 769
11 769
-
total
42 646
37 008
46 941
-
Employer
85 778
85 778
155 333
-
unemployment
3 088
3 088
3 837
-
pensions
5 970
5 970
7 421
-
health
5 963
5 963
7 409
-
total
15 021
15 021
18 667
-
Corporate
74 254
73 202
-
-
income
14 851
14 639
-
-
total
14 851
14 639
-
-
Dividends
59 403
58 562
-
-
income
12 623
12 445
-
-
withholding
8 911
8 784
-
-
total
21 534
21 229
-
-
Income
174 000
174 000
174 000
174 000
Total tax
94 052
87 897
65 608
77 733
After tax
79 948
86 103
108 392
96 267
Living cost
42 079
42 079
42 079
42 079
Free-cash
37 869
44 024
66 313
54 188

Estimated living cost  is ₽42079 per week

₽29820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56042
₽55169
₽50263
₽49317
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
municipal
-
-
-
44 510
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 923
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
15 527
total
-
-
-
84 775
Employee
55 518
-
147 170
-
municipal
16 555
-
43 886
-
national
-
-
15 004
-
total
16 555
-
58 890
-
Employer
55 518
-
147 170
-
accident
111
-
171
-
other
6 451
-
9 923
-
unemployment
1 466
-
2 254
-
pensions
6 001
-
9 231
-
health
3 414
-
5 252
-
total
17 443
-
26 831
-
Corporate
101 039
174 000
-
-
income
22 228
38 280
-
-
total
22 228
38 280
-
-
Dividends
78 810
135 720
-
-
withholding
23 643
40 716
-
-
total
23 643
40 716
-
-
Income
174 000
174 000
174 000
174 000
Total tax
79 869
78 996
85 721
84 775
After tax
94 131
95 004
88 279
89 225
Living cost
38 962
38 962
38 962
38 962
Free-cash
55 169
56 042
49 317
50 263

Estimated living cost  is ₽38962 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
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.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47409
₽61522
₽50335
₽71276
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
174 000
trade
-
-
-
20 941
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.

-
-
-
53 461
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.

-
-
-
6 862
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.

-
-
-
2 941
total
-
-
-
84 205
Employee

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

50 939
-
174 000
-
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.

6 862
-
6 862
-
surtax

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

240
-
2 941
-
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.

4 377
-
53 461
-
total
11 479
-
63 264
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
123 061
174 000
-
-
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.

1 016
1 435
-
-
income
18 459
26 099
-
-
trade
20 244
28 623
-
-
chamber of commerce
328
400
-
-
total
40 047
56 557
-
-
Dividends
83 014
117 442
-
-
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.

1 121
1 594
-
-
withholding
20 371
28 980
-
-
total
21 492
30 574
-
-
Income
174 000
174 000
174 000
174 000
Total tax
73 018
87 131
63 264
84 205
After tax
100 982
86 869
110 736
89 795
Living cost
39 460
39 460
39 460
39 460
Free-cash
61 522
47 409
71 276
50 335

Estimated living cost  is ₽39460 per week

₽26391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94365
₽90199
₽86495
₽84958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
income
-
-
-
34 235
health
-
-
-
4 438
social contributions
-
-
-
16 252
total
-
-
-
54 925
Employee
77 239
77 239
162 349
-
social contributions
3 753
6 410
8 646
-
health
768
1 313
2 760
-
income
8 111
7 150
33 406
-
total
12 632
14 873
44 812
-
Employer
77 239
77 239
162 349
-
social contributions
3 753
6 410
8 646
-
health
837
1 430
3 004
-
total
4 590
7 840
11 650
-
Corporate
124 198
88 921
-
-
income
15 524
11 115
-
-
total
15 524
11 115
-
-
Dividends
108 674
77 806
-
-
withholding
18 475
13 227
-
-
total
18 475
13 227
-
-
Income
174 000
174 000
174 000
174 000
Total tax
51 221
47 055
56 462
54 925
After tax
122 779
126 945
117 538
119 075
Living cost
32 580
32 580
32 580
32 580
Free-cash
90 199
94 365
84 958
86 495

Estimated living cost  is ₽32580 per week

₽22272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79523
₽79903
₽102312
₽82643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
income
-
-
-
21 271
pensions
-
-
-
17 400
unemployment
-
-
-
2 610
health
-
-
-
12 180
total
-
-
-
53 461
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.

26 310
10 471
145 607
-
health
1 842
733
10 192
-
income
3 216
1 280
17 800
-
pensions
2 631
1 047
14 561
-
unemployment
395
157
2 184
-
total
8 084
3 217
44 737
-
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.

26 310
10 471
145 607
-
pensions
5 131
2 042
28 393
-
total
5 131
2 042
28 393
-
Corporate
142 559
161 487
-
-
income
12 830
14 534
-
-
total
12 830
14 534
-
-
Dividends
129 729
146 953
-
-
social contributions
25 177
28 536
-
-
withholding
24 648
27 921
-
-
total
49 825
56 457
-
-
Income
174 000
174 000
174 000
174 000
Total tax
75 870
76 250
73 130
53 461
After tax
98 130
97 750
100 870
120 539
Living cost
18 227
18 227
18 227
18 227
Free-cash
79 903
79 523
82 643
102 312

Estimated living cost  is ₽18227 per week

₽12438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114939
₽108698
₽69002
₽76027
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
income
-
-
-
23 316
pensions
-
-
-
34 799
health
-
-
-
22 621
total
-
-
-
80 736
Employee
28 495
-
130 044
-
income
3 208
-
25 072
-
pensions
570
-
2 600
-
unemployment
456
-
2 082
-
total
4 234
-
29 754
-
Employer
28 495
-
130 044
-
unemployment
229
-
1 041
-
pensions
5 699
-
26 010
-
health
3 704
-
16 906
-
total
9 632
-
43 957
-
Corporate
135 873
174 000
-
-
income
27 174
34 799
-
-
total
27 174
34 799
-
-
Dividends
108 698
139 201
-
-
total
-
-
-
-
Income
174 000
174 000
174 000
174 000
Total tax
41 040
34 799
73 711
80 736
After tax
132 960
139 201
100 289
93 264
Living cost
24 262
24 262
24 262
24 262
Free-cash
108 698
114 939
76 027
69 002

Estimated living cost  is ₽24262 per week

₽16641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7950
₽10712
₽96913
₽72381
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
accident
-
-
-
253
income
-
-
-
48 065
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
55 043
Employee
34 676
-
156 513
-
health
3 970
-
17 921
-
income
4 757
-
36 522
-
pensions
3 905
-
7 645
-
total
12 632
-
62 088
-
Employer
34 676
-
156 513
-
accident
579
-
2 614
-
unemployment
850
-
3 834
-
pensions
5 639
-
11 039
-
total
7 068
-
17 487
-
Corporate
132 257
174 000
-
-
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.

119 031
156 600
-
-
total
119 031
156 600
-
-
Dividends
13 226
17 400
-
-
withholding
2 513
3 306
-
-
total
2 513
3 306
-
-
Income
174 000
174 000
174 000
174 000
Total tax
141 244
159 906
79 575
55 043
After tax
32 756
14 094
94 425
118 957
Living cost
22 044
22 044
22 044
22 044
Free-cash
10 712
-7 950
72 381
96 913

Estimated living cost  is ₽22044 per week

₽16156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156200
₽154494
₽163160
₽130100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
174 000
microenterprise

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

-
-
-
1 740
total
-
-
-
1 740
Employee
11 374
-
174 000
-
income
2 275
-
34 800
-
total
2 275
-
34 800
-
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%.

162 626
174 000
-
-
total
-
-
-
-
Dividends
162 626
174 000
-
-
withholding
8 131
8 700
-
-
total
8 131
8 700
-
-
Income
174 000
174 000
174 000
174 000
Total tax
10 406
8 700
34 800
1 740
After tax
163 594
165 300
139 200
172 260
Living cost
9 100
9 100
9 100
9 100
Free-cash
154 494
156 200
130 100
163 160

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
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.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101074
₽94289
₽70008
₽71922
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
income
-
-
-
26 591
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.

-
-
-
36 660
other
-
-
-
7 255
health
-
-
-
6 721
total
-
-
-
77 227
Employee
36 471
-
138 980
-
health
511
-
1 946
-
income
6 279
-
27 230
-
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.

2 552
-
9 727
-
unemployment
364
-
1 390
-
total
9 706
-
40 293
-
Employer
36 471
-
138 980
-
accident
292
-
1 111
-
other
1 824
-
6 948
-
unemployment
364
-
1 390
-
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.

6 201
-
23 625
-
health
511
-
1 946
-
total
9 192
-
35 020
-
Corporate
128 337
174 000
-
-
income
26 951
36 539
-
-
total
26 951
36 539
-
-
Dividends
101 386
137 461
-
-
withholding
7 097
9 622
-
-
total
7 097
9 622
-
-
Income
174 000
174 000
174 000
174 000
Total tax
52 946
46 161
75 313
77 227
After tax
121 054
127 839
98 687
96 773
Living cost
26 765
26 765
26 765
26 765
Free-cash
94 289
101 074
71 922
70 008

Estimated living cost  is ₽26765 per week

₽18911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47096
₽49499
₽48495
₽32731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
income
-
-
-
49 441
pensions
-
-
-
8 971
total
-
-
-
58 412
Employee
94 927
-
152 026
-
health
1 564
-
2 214
-
income
17 112
-
38 931
-
pensions
9 158
-
11 056
-
total
27 834
-
52 201
-
Employer
94 927
-
152 026
-
pensions
11 208
-
19 087
-
health
1 803
-
2 888
-
total
13 011
-
21 975
-
Corporate
66 062
174 000
-
-
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.

12 551
33 061
-
-
total
12 551
33 061
-
-
Dividends
53 511
140 939
-
-
withholding
4 012
26 750
-
-
total
4 012
26 750
-
-
Income
174 000
174 000
174 000
174 000
Total tax
57 408
59 811
74 176
58 412
After tax
116 592
114 189
99 824
115 588
Living cost
67 093
67 093
67 093
67 093
Free-cash
49 499
47 096
32 731
48 495

Estimated living cost  is ₽67093 per week

₽50274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽135602
₽130938
₽125366
₽132157
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
income
-
-
-
26 100
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
35 466
Employee
17 436
-
167 117
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
16 712
-
pensions

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

1 531
-
3 080
-
total
4 268
-
21 792
-
Employer
17 436
-
167 117
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
153 143
174 000
-
-
income
15 314
17 400
-
-
total
15 314
17 400
-
-
Dividends
137 829
156 600
-
-
withholding
6 891
7 830
-
-
total
6 891
7 830
-
-
Income
174 000
174 000
174 000
174 000
Total tax
29 894
25 230
28 675
35 466
After tax
144 106
148 770
145 325
138 534
Living cost
13 168
13 168
13 168
13 168
Free-cash
130 938
135 602
132 157
125 366

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30404
₽32930
₽40568
₽52693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
income
-
-
-
53 578
pensions
-
-
-
11 769
health
-
-
-
12 386
total
-
-
-
77 733
Employee
93 127
85 778
155 333
-
health
11 618
11 199
12 386
-
income

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

14 040
14 040
22 786
-
pensions
11 769
11 769
11 769
-
total
37 427
37 008
46 941
-
Employer
93 127
85 778
155 333
-
unemployment
3 353
3 088
3 837
-
pensions
6 481
5 970
7 421
-
health
6 471
5 963
7 409
-
total
16 305
15 021
18 667
-
Corporate
64 567
73 202
-
-
income
12 914
14 639
-
-
total
12 914
14 639
-
-
Dividends
51 653
58 562
-
-
income
10 976
12 445
-
-
withholding
7 749
8 784
-
-
total
18 725
21 229
-
-
Income
174 000
174 000
174 000
174 000
Total tax
85 371
87 897
65 608
77 733
After tax
88 629
86 103
108 392
96 267
Living cost
55 699
55 699
55 699
55 699
Free-cash
32 930
30 404
52 693
40 568

Estimated living cost  is ₽55699 per week

₽41088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95779
₽87209
₽74535
₽66849
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
income
-
-
-
17 392
health
-
-
-
23 490
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 563
total
-
-
-
75 445
Employee
35 323
-
132 484
-
social contributions
2 296
-
7 694
-
health
4 769
-
17 885
-
solidarity contribution
-
-
-
-
income
4 239
-
16 036
-
total
11 304
-
41 615
-
Employer
35 323
-
132 484
-
social contributions
8 831
-
29 592
-
health
3 179
-
11 924
-
total
12 010
-
41 516
-
Corporate
126 667
174 000
-
-
income
24 067
33 060
-
-
total
24 067
33 060
-
-
Dividends
102 600
140 940
-
-
withholding
15 390
21 141
-
-
total
15 390
21 141
-
-
Income
174 000
174 000
174 000
174 000
Total tax
62 771
54 201
83 131
75 445
After tax
111 229
119 799
90 869
98 555
Living cost
24 020
24 020
24 020
24 020
Free-cash
87 209
95 779
66 849
74 535

Estimated living cost  is ₽24020 per week

₽16684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50451
₽45207
₽40945
₽33085
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
municipal
-
-
-
1 033
regional
-
-
-
2 052
national
-
-
-
42 832
social contributions
-
-
-
44 753
total
-
-
-
90 670
Employee
89 271
-
174 000
-
social contributions
30 102
-
58 672
-
regional
842
-
1 810
-
municipal
473
-
923
-
national
15 469
-
37 125
-
total
46 886
-
98 530
-
Employer
89 271
-
174 000
-
total
-
-
-
-
Corporate
84 729
174 000
-
-
nationa
20 335
41 760
-
-
municipal
3 305
6 786
-
-
total
23 640
48 546
-
-
Dividends
61 088
125 454
-
-
withholding
15 882
32 618
-
-
total
15 882
32 618
-
-
Income
174 000
174 000
174 000
174 000
Total tax
86 408
81 164
98 530
90 670
After tax
87 592
92 836
75 470
83 330
Living cost
42 385
42 385
42 385
42 385
Free-cash
45 207
50 451
33 085
40 945

Estimated living cost  is ₽42385 per week

₽29546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87283
₽84154
₽60212
₽54070
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
income
-
-
-
47 744
pensions
-
-
-
26 812
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 518
surtax
-
-
-
7 320
total
-
-
-
91 623
Employee
33 217
-
145 781
-
other
-
-
-
-
health
848
-
3 418
-
surtax
109
-
6 119
-
income
5 568
-
41 736
-
pensions
2 215
-
8 942
-
unemployment
2 312
-
9 331
-
total
11 052
-
69 546
-
Employer
33 217
-
145 781
-
other
-
-
-
-
unemployment
1 052
-
4 249
-
pensions
4 428
-
17 870
-
health
1 512
-
6 100
-
total
6 992
-
28 219
-
Corporate
133 791
174 000
-
-
income
34 786
45 239
-
-
total
34 786
45 239
-
-
Dividends
99 005
128 761
-
-
withholding
14 851
19 313
-
-
total
14 851
19 313
-
-
Income
174 000
174 000
174 000
174 000
Total tax
67 681
64 552
97 765
91 623
After tax
106 319
109 448
76 235
82 377
Living cost
22 165
22 165
22 165
22 165
Free-cash
84 154
87 283
54 070
60 212

Estimated living cost  is ₽22165 per week

₽13553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68353
₽74981
₽69752
₽53988
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
income
-
-
-
49 441
pensions
-
-
-
8 971
total
-
-
-
58 412
Employee
63 617
-
152 026
-
health
924
-
2 214
-
income
11 458
-
38 931
-
pensions
5 400
-
11 056
-
total
17 782
-
52 201
-
Employer
63 617
-
152 026
-
pensions
6 887
-
19 087
-
health
1 209
-
2 888
-
total
8 096
-
21 975
-
Corporate
102 287
174 000
-
-
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.

19 434
33 061
-
-
total
19 434
33 061
-
-
Dividends
82 854
140 939
-
-
withholding
7 871
26 750
-
-
total
7 871
26 750
-
-
Income
174 000
174 000
174 000
174 000
Total tax
53 183
59 811
74 176
58 412
After tax
120 817
114 189
99 824
115 588
Living cost
45 836
45 836
45 836
45 836
Free-cash
74 981
68 353
53 988
69 752

Estimated living cost  is ₽45836 per week

₽34340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7580
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3171
₽35860
₽64463
₽56474
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
city
-
-
-
1 835
pensions
-
-
-
16 009
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.

-
-
-
3 481
regional
-
-
-
8 564
health
-
-
-
392
national
-
-
-
2 862
total
-
-
-
33 143
Employee
89 401
-
155 739
-
city
959
-
1 674
-
regional
2 927
-
7 374
-
health
202
-
351
-
pensions
7 511
-
13 083
-
unemployment
-
-
-
-
national
423
-
2 102
-
total
12 022
-
24 584
-
Employer
89 401
-
155 739
-
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.

1 787
-
3 114
-
unemployment
-
-
-
-
pensions
7 511
-
13 083
-
health
202
-
351
-
total
9 500
-
16 548
-
Corporate
74 116
174 000
-
-
regional
15 675
36 801
-
-
national
6 300
14 790
-
-
total
21 975
51 591
-
-
Dividends
52 141
122 409
-
-
withholding
18 249
42 844
-
-
total
18 249
42 844
-
-
Income
174 000
174 000
174 000
174 000
Total tax
61 746
94 435
41 132
33 143
After tax
112 254
79 565
132 868
140 857
Living cost
76 394
76 394
76 394
76 394
Free-cash
35 860
3 171
56 474
64 463

Estimated living cost  is ₽76394 per week

₽49678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽39963
₽56245
₽42890
₽64721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
174 000
trade
-
-
-
21 831
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.

-
-
-
53 461
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.

-
-
-
6 862
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.

-
-
-
2 941
total
-
-
-
85 095
Employee

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

60 367
-
174 000
-
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.

6 862
-
6 862
-
surtax

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

391
-
2 941
-
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.

7 099
-
53 461
-
total
14 352
-
63 264
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
113 633
174 000
-
-
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.

938
1 435
-
-
income
17 045
26 099
-
-
trade
19 489
29 841
-
-
chamber of commerce
313
396
-
-
total
37 785
57 771
-
-
Dividends
75 849
116 228
-
-
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.

1 022
1 576
-
-
withholding
18 581
28 675
-
-
total
19 603
30 251
-
-
Income
174 000
174 000
174 000
174 000
Total tax
71 740
88 022
63 264
85 095
After tax
102 260
85 978
110 736
88 905
Living cost
46 015
46 015
46 015
46 015
Free-cash
56 245
39 963
64 721
42 890

Estimated living cost  is ₽46015 per week

₽33608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53328
₽59264
₽63737
₽61567
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
income
-
-
-
26 974
pensions
-
-
-
31 307
other
-
-
-
5 394
health
-
-
-
7 266
surtax
-
-
-
-
social contributions
-
-
-
4 956
total
-
-
-
75 897
Employee
42 990
-
134 992
-
social contributions
1 226
-
3 847
-
surtax
-
-
-
-
income
2 537
-
25 963
-
pensions
4 861
-
9 249
-
total
8 624
-
39 059
-
Employer
42 990
-
134 992
-
other
1 483
-
5 208
-
social contributions
130
-
404
-
unemployment
1 740
-
5 467
-
pensions
7 062
-
15 599
-
health
3 010
-
12 330
-
total
13 425
-
39 008
-
Corporate
117 585
174 000
-
-
surtax
-
-
-
-
income
32 923
48 720
-
-
total
32 923
48 720
-
-
Dividends
84 662
125 280
-
-
surtax
-
-
-
-
social contributions
14 561
21 549
-
-
withholding
10 837
16 037
-
-
total
25 398
37 586
-
-
Income
174 000
174 000
174 000
174 000
Total tax
80 370
86 306
78 067
75 897
After tax
93 630
87 694
95 933
98 103
Living cost
34 366
34 366
34 366
34 366
Free-cash
59 264
53 328
61 567
63 737

Estimated living cost  is ₽34366 per week

₽21669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56733
₽62312
₽67142
₽64972
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
income
-
-
-
26 974
pensions
-
-
-
31 307
other
-
-
-
5 394
health
-
-
-
7 266
surtax
-
-
-
-
social contributions
-
-
-
4 956
total
-
-
-
75 897
Employee
38 374
-
134 992
-
social contributions
1 094
-
3 847
-
surtax
-
-
-
-
income
1 979
-
25 963
-
pensions
4 340
-
9 249
-
total
7 413
-
39 059
-
Employer
38 374
-
134 992
-
other
1 325
-
5 208
-
social contributions
114
-
404
-
unemployment
1 554
-
5 467
-
pensions
6 306
-
15 599
-
health
2 686
-
12 330
-
total
11 985
-
39 008
-
Corporate
123 641
174 000
-
-
surtax
-
-
-
-
income
34 620
48 720
-
-
total
34 620
48 720
-
-
Dividends
89 022
125 280
-
-
surtax
-
-
-
-
social contributions
15 314
21 549
-
-
withholding
11 395
16 037
-
-
total
26 709
37 586
-
-
Income
174 000
174 000
174 000
174 000
Total tax
80 727
86 306
78 067
75 897
After tax
93 273
87 694
95 933
98 103
Living cost
30 961
30 961
30 961
30 961
Free-cash
62 312
56 733
64 972
67 142

Estimated living cost  is ₽30961 per week

₽17956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9274
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84856
₽85376
₽90443
₽86939
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
income
-
-
-
26 099
health
-
-
-
12 146
social contributions
-
-
-
24 012
total
-
-
-
62 257
Employee
34 058
-
174 000
-
social contributions
4 701
-
24 012
-
health
2 377
-
12 146
-
income
5 680
-
29 603
-
total
12 758
-
65 761
-
Employer
34 058
-
174 000
-
total
-
-
-
-
Corporate
139 942
174 000
-
-
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%.

6 998
8 700
-
-
total
6 998
8 700
-
-
Dividends
132 945
165 300
-
-
health
9 279
11 538
-
-
social contributions
18 347
22 811
-
-
withholding
19 942
24 795
-
-
total
47 568
59 144
-
-
Income
174 000
174 000
174 000
174 000
Total tax
67 324
67 844
65 761
62 257
After tax
106 676
106 156
108 239
111 743
Living cost
21 300
21 300
21 300
21 300
Free-cash
85 376
84 856
86 939
90 443

Estimated living cost  is ₽21300 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
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.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60906
₽59354
₽53904
₽10769
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
chamber of commerce
-
-
-
696
income
-
-
-
46 962
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
198
total
-
-
-
84 702
Employee
50 199
40 030
138 486
-
other
501
400
1 174
-
health
1 942
1 550
4 541
-
income
5 715
2 953
37 401
-
pensions
5 141
4 098
12 017
-
unemployment
1 506
1 201
3 521
-
total
14 805
10 202
58 654
-
Employer
50 199
40 030
138 486
-
accident
652
520
1 525
-
other
2 385
1 900
6 397
-
chamber of commerce
200
160
555
-
unemployment
1 506
1 201
3 521
-
surtax
198
198
198
-
pensions
6 300
5 025
14 727
-
payroll
1 506
1 201
4 155
-
health
1 897
1 514
4 436
-
total
14 644
11 719
35 514
-
Corporate
109 158
122 251
134 674
-
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.

27 289
30 564
33 669
-
total
27 289
30 564
33 669
-
Dividends
81 869
91 688
-
-
withholding
22 514
25 215
-
-
total
22 514
25 215
-
-
Income
174 000
174 000
174 000
174 000
Total tax
79 252
77 700
127 837
84 702
After tax
94 748
96 300
46 163
89 298
Living cost
35 394
35 394
35 394
35 394
Free-cash
59 354
60 906
10 769
53 904

Estimated living cost  is ₽35394 per week

₽23606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60696
₽45630
₽38793
₽24800
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
national
-
-
-
64 602
communal

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

-
-
-
8 938
social contributions
-
-
-
25 043
total
-
-
-
98 583
Employee

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

71 850
-
134 769
-
communal

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

3 748
-
7 030
-
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.

3 376
-
6 334
-
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.

5 389
-
10 108
-
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.

625
-
1 172
-
national
22 090
-
48 701
-
total
35 228
-
73 345
-
Employer

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

71 850
-
134 769
-
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.

934
-
1 752
-
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.

1 048
-
1 967
-
surtax
8 147
-
15 284
-
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.

6 367
-
11 940
-
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.

4 419
-
8 288
-
total
20 915
-
39 231
-
Corporate
81 235
174 000
-
-
surtax
324
696
-
-
income
16 246
34 799
-
-
total
16 570
35 495
-
-
Dividends
64 665
138 505
-
-
withholding

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

19 033
41 185
-
-
total
19 033
41 185
-
-
Income
174 000
174 000
174 000
174 000
Total tax
91 746
76 680
112 576
98 583
After tax
82 254
97 320
61 424
75 417
Living cost
36 624
36 624
36 624
36 624
Free-cash
45 630
60 696
24 800
38 793

Estimated living cost  is ₽36624 per week

₽23591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79742
₽72791
₽61406
₽57192
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
accident
-
-
-
839
income
-
-
-
48 387
pensions
-
-
-
26 347
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
76 318
Employee
50 000
-
144 319
-
other
50
-
93
-
income
10 550
-
44 939
-
pensions
2 350
-
4 377
-
unemployment
776
-
1 443
-
total
13 726
-
50 852
-
Employer
50 000
-
144 319
-
accident
989
-
1 843
-
other
398
-
745
-
unemployment
2 751
-
5 120
-
pensions
11 799
-
21 972
-
total
15 937
-
29 680
-
Corporate
108 062
174 000
-
-
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.

16 210
26 099
-
-
total
16 210
26 099
-
-
Dividends
91 852
147 901
-
-
withholding
19 060
31 883
-
-
total
19 060
31 883
-
-
Income
174 000
174 000
174 000
174 000
Total tax
64 933
57 982
80 532
76 318
After tax
109 067
116 018
93 468
97 682
Living cost
36 276
36 276
36 276
36 276
Free-cash
72 791
79 742
57 192
61 406

Estimated living cost  is ₽36276 per week

₽26713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47384
₽34694
₽31768
₽38704
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
accident
-
-
-
1 468
income
-
-
-
28 249
pensions
-
-
-
26 080
health
-
-
-
12 226
surtax
-
-
-
8 625
communal
-
-
-
10 997
total
-
-
-
87 645
Employee
76 068
-
155 426
-
health
3 385
-
6 918
-
surtax
4 662
-
9 525
-
income
7 347
-
33 258
-
pensions
6 085
-
12 434
-
total
21 479
-
62 135
-
Employer
76 068
-
155 426
-
accident
684
-
1 399
-
pensions
6 085
-
12 434
-
health
2 320
-
4 741
-
total
9 089
-
18 574
-
Corporate
88 844
174 000
-
-
surtax
932
1 826
-
-
communal
5 997
11 746
-
-
income
13 326
26 099
-
-
total
20 255
39 671
-
-
Dividends
68 589
134 329
-
-
income
23 608
12 208
-
-
withholding
10 288
20 150
-
-
total
33 896
32 358
-
-
Income
174 000
174 000
174 000
174 000
Total tax
84 719
72 029
80 709
87 645
After tax
89 281
101 971
93 291
86 355
Living cost
54 587
54 587
54 587
54 587
Free-cash
34 694
47 384
38 704
31 768

Estimated living cost  is ₽54587 per week

₽40948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86886
₽83690
₽59815
₽53673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
income
-
-
-
47 744
pensions
-
-
-
26 812
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 518
surtax
-
-
-
7 320
total
-
-
-
91 623
Employee
33 827
-
145 781
-
other
-
-
-
-
health
863
-
3 418
-
surtax
120
-
6 119
-
income
5 671
-
41 736
-
pensions
2 257
-
8 942
-
unemployment
2 354
-
9 331
-
total
11 265
-
69 546
-
Employer
33 827
-
145 781
-
other
-
-
-
-
unemployment
1 073
-
4 249
-
pensions
4 510
-
17 870
-
health
1 538
-
6 100
-
total
7 121
-
28 219
-
Corporate
133 052
174 000
-
-
income
34 593
45 239
-
-
total
34 593
45 239
-
-
Dividends
98 458
128 761
-
-
withholding
14 769
19 313
-
-
total
14 769
19 313
-
-
Income
174 000
174 000
174 000
174 000
Total tax
67 748
64 552
97 765
91 623
After tax
106 252
109 448
76 235
82 377
Living cost
22 562
22 562
22 562
22 562
Free-cash
83 690
86 886
53 673
59 815

Estimated living cost  is ₽22562 per week

₽13622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64400
₽62170
₽55700
₽47880
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
municipal
-
-
-
1 033
regional
-
-
-
2 624
national
-
-
-
42 832
social contributions
-
-
-
44 753
total
-
-
-
91 242
Employee
55 719
-
174 000
-
social contributions
18 789
-
58 672
-
regional
750
-
2 342
-
municipal
295
-
923
-
national
8 827
-
37 125
-
total
28 661
-
99 062
-
Employer
55 719
-
174 000
-
total
-
-
-
-
Corporate
118 281
174 000
-
-
nationa
28 387
41 760
-
-
municipal
5 879
8 648
-
-
total
34 266
50 408
-
-
Dividends
84 015
123 591
-
-
withholding
21 845
32 134
-
-
total
21 845
32 134
-
-
Income
174 000
174 000
174 000
174 000
Total tax
84 772
82 542
99 062
91 242
After tax
89 228
91 458
74 938
82 758
Living cost
27 058
27 058
27 058
27 058
Free-cash
62 170
64 400
47 880
55 700

Estimated living cost  is ₽27058 per week

₽16828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90200
₽79642
₽68956
₽61270
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
income
-
-
-
17 392
health
-
-
-
23 490
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 563
total
-
-
-
75 445
Employee
43 527
-
132 484
-
social contributions
2 829
-
7 694
-
health
5 876
-
17 885
-
solidarity contribution
-
-
-
-
income
5 223
-
16 036
-
total
13 928
-
41 615
-
Employer
43 527
-
132 484
-
social contributions
10 882
-
29 592
-
health
3 917
-
11 924
-
total
14 799
-
41 516
-
Corporate
115 673
174 000
-
-
income
21 978
33 060
-
-
total
21 978
33 060
-
-
Dividends
93 695
140 940
-
-
withholding
14 054
21 141
-
-
total
14 054
21 141
-
-
Income
174 000
174 000
174 000
174 000
Total tax
64 759
54 201
83 131
75 445
After tax
109 241
119 799
90 869
98 555
Living cost
29 599
29 599
29 599
29 599
Free-cash
79 642
90 200
61 270
68 956

Estimated living cost  is ₽29599 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64363
₽63867
₽57450
₽14168
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
chamber of commerce
-
-
-
696
income
-
-
-
46 962
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
-
total
-
-
-
84 504
Employee
43 908
40 030
138 673
-
other
438
400
1 174
-
health
1 698
1 550
4 541
-
income
3 911
2 953
37 491
-
pensions
4 497
4 098
12 017
-
unemployment
1 317
1 201
3 521
-
total
11 861
10 202
58 744
-
Employer
43 908
40 030
138 673
-
accident
570
520
1 525
-
other
2 085
1 900
6 405
-
chamber of commerce
175
160
555
-
unemployment
1 317
1 201
3 521
-
surtax
-
-
-
-
pensions
5 511
5 025
14 727
-
payroll
1 317
1 201
4 159
-
health
1 660
1 514
4 436
-
total
12 635
11 521
35 328
-
Corporate
117 456
122 449
134 861
-
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.

29 365
30 613
33 714
-
total
29 365
30 613
33 714
-
Dividends
88 091
91 836
-
-
withholding
24 226
25 255
-
-
total
24 226
25 255
-
-
Income
174 000
174 000
174 000
174 000
Total tax
78 087
77 591
127 786
84 504
After tax
95 913
96 409
46 214
89 496
Living cost
32 046
32 046
32 046
32 046
Free-cash
63 867
64 363
14 168
57 450

Estimated living cost  is ₽32046 per week

₽19224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151120
₽148461
₽158080
₽125020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
174 000
microenterprise

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

-
-
-
1 740
total
-
-
-
1 740
Employee
17 726
-
174 000
-
income
3 545
-
34 800
-
total
3 545
-
34 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

156 274
174 000
-
-
total
-
-
-
-
Dividends
156 274
174 000
-
-
withholding
7 814
8 700
-
-
total
7 814
8 700
-
-
Income
174 000
174 000
174 000
174 000
Total tax
11 359
8 700
34 800
1 740
After tax
162 641
165 300
139 200
172 260
Living cost
14 180
14 180
14 180
14 180
Free-cash
148 461
151 120
125 020
158 080

Estimated living cost  is ₽14180 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92856
₽84454
₽58191
₽53582
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
174 000
income
-
-
-
39 709
pensions
-
-
-
31 776
unemployment
-
-
-
261
health
-
-
-
17 121
total
-
-
-
88 867
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.

44 418
-
150 560
-
health
2 869
-
9 725
-
income
7 660
-
36 762
-
pensions
6 885
-
23 337
-
unemployment
63
-
212
-
total
17 477
-
70 036
-
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.

44 418
-
150 560
-
unemployment
27
-
90
-
pensions
3 931
-
13 324
-
health
2 958
-
10 026
-
total
6 916
-
23 440
-
Corporate
122 666
174 000
-
-
income
23 307
33 061
-
-
total
23 307
33 061
-
-
Dividends
99 360
140 939
-
-
withholding
14 904
21 141
-
-
total
14 904
21 141
-
-
Income
174 000
174 000
174 000
174 000
Total tax
62 604
54 202
93 476
88 867
After tax
111 396
119 798
80 524
85 133
Living cost
26 942
26 942
26 942
26 942
Free-cash
84 454
92 856
53 582
58 191

Estimated living cost  is ₽26942 per week

₽18490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62300
₽14276
₽76686
₽117156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
income
-
-
-
33 916
social contributions
-
-
-
19 836
total
-
-
-
53 752
Employee
62 462
-
-
-
social contributions
5 122
-
730
-
income
13 778
-
-
-
total
18 900
-
730
-
Employer
62 462
-
-
-
social contributions
88 072
-
12 552
-
total
88 072
-
12 552
-
Corporate
23 466
174 000
-
-
income
5 163
38 280
-
-
total
5 163
38 280
-
-
Dividends
18 303
135 720
-
-
income
4 027
29 858
-
-
total
4 027
29 858
-
-
Income
174 000
174 000
174 000
174 000
Total tax
116 162
68 138
13 282
53 752
After tax
57 838
105 862
160 718
120 248
Living cost
43 562
43 562
43 562
43 562
Free-cash
14 276
62 300
117 156
76 686

Estimated living cost  is ₽43562 per week

₽28265
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.
₽10645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67465
₽66454
₽61849
₽48674
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
174 000
income
-
-
-
20 178
surtax
-
-
-
-
social contributions

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

-
-
-
60 466
total
-
-
-
80 644
Employee
46 198
-
140 606
-
social contributions
5 082
-
15 467
-
surtax
-
-
-
-
income
9 609
-
44 958
-
total
14 691
-
60 425
-
Employer
46 198
-
140 606
-
social contributions
10 972
-
33 394
-
total
10 972
-
33 394
-
Corporate
116 830
174 000
-
-
surtax
-
-
-
-
income
24 534
36 539
-
-
total
24 534
36 539
-
-
Dividends
92 296
137 461
-
-
withholding
25 842
38 489
-
-
total
25 842
38 489
-
-
Income
174 000
174 000
174 000
174 000
Total tax
76 039
75 028
93 819
80 644
After tax
97 961
98 972
80 181
93 356
Living cost
31 507
31 507
31 507
31 507
Free-cash
66 454
67 465
48 674
61 849

Estimated living cost  is ₽31507 per week

₽23574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39179
₽46083
₽49588
₽47418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
income
-
-
-
26 974
pensions
-
-
-
31 307
other
-
-
-
5 394
health
-
-
-
7 266
surtax
-
-
-
-
social contributions
-
-
-
4 956
total
-
-
-
75 897
Employee
62 912
-
134 992
-
social contributions
1 792
-
3 847
-
surtax
-
-
-
-
income
5 489
-
25 963
-
pensions
7 116
-
9 249
-
total
14 397
-
39 059
-
Employer
62 912
-
134 992
-
other
2 171
-
5 208
-
social contributions
189
-
404
-
unemployment
2 549
-
5 467
-
pensions
10 337
-
15 599
-
health
4 403
-
12 330
-
total
19 649
-
39 008
-
Corporate
91 439
174 000
-
-
surtax
-
-
-
-
income
25 604
48 720
-
-
total
25 604
48 720
-
-
Dividends
65 836
125 280
-
-
surtax
-
-
-
-
social contributions
11 325
21 549
-
-
withholding
8 427
16 037
-
-
total
19 752
37 586
-
-
Income
174 000
174 000
174 000
174 000
Total tax
79 402
86 306
78 067
75 897
After tax
94 598
87 694
95 933
98 103
Living cost
48 515
48 515
48 515
48 515
Free-cash
46 083
39 179
47 418
49 588

Estimated living cost  is ₽48515 per week

₽32834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126406
₽123030
₽98054
₽102676
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
income
-
-
-
7 472
social contributions
-
-
-
38 280
total
-
-
-
45 752
Employee
32 293
-
150 649
-
income
-
-
7 987
-
social contributions
2 099
-
9 792
-
total
2 099
-
17 779
-
Employer
32 293
-
150 649
-
social contributions
5 006
-
23 351
-
total
5 006
-
23 351
-
Corporate
136 702
174 000
-
-
income
13 671
17 400
-
-
total
13 671
17 400
-
-
Dividends
123 031
156 600
-
-
total
-
-
-
-
Income
174 000
174 000
174 000
174 000
Total tax
20 776
17 400
41 130
45 752
After tax
153 224
156 600
132 870
128 248
Living cost
30 194
30 194
30 194
30 194
Free-cash
123 030
126 406
102 676
98 054

Estimated living cost  is ₽30194 per week

₽19523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽44845
-₽44845
₽54417
-₽44845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
municipal
-
-
-
36 158
pensions
-
-
-
871
national
-
-
-
20 330
labour market
-
-
-
13 850
total
-
-
-
71 209
Employee
204 175
204 175
204 175
-
labour market
16 311
16 311
16 311
-
national
24 944
24 944
24 944
-
municipal
43 478
43 478
43 478
-
pensions
290
290
290
-
total
85 023
85 023
85 023
-
Employer
204 175
204 175
204 175
-
labour market
16 334
16 334
16 334
-
municipal
43 547
43 547
43 547
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 448
85 448
85 448
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
174 000
174 000
174 000
174 000
Total tax
170 471
170 471
170 471
71 209
After tax
3 529
3 529
3 529
102 791
Living cost
48 374
48 374
48 374
48 374
Free-cash
-44 845
-44 845
-44 845
54 417

Estimated living cost  is ₽48374 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7625
₽10763
₽97238
₽72706
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
accident
-
-
-
253
income
-
-
-
48 065
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
55 043
Employee
34 165
-
156 513
-
health
3 912
-
17 921
-
income
4 687
-
36 522
-
pensions
3 847
-
7 645
-
total
12 446
-
62 088
-
Employer
34 165
-
156 513
-
accident
570
-
2 614
-
unemployment
837
-
3 834
-
pensions
5 555
-
11 039
-
total
6 962
-
17 487
-
Corporate
132 872
174 000
-
-
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.

119 585
156 600
-
-
total
119 585
156 600
-
-
Dividends
13 287
17 400
-
-
withholding
2 525
3 306
-
-
total
2 525
3 306
-
-
Income
174 000
174 000
174 000
174 000
Total tax
141 518
159 906
79 575
55 043
After tax
32 482
14 094
94 425
118 957
Living cost
21 719
21 719
21 719
21 719
Free-cash
10 763
-7 625
72 706
97 238

Estimated living cost  is ₽21719 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
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.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70650
₽73106
₽74091
₽52900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
174 000
municipal
-
-
-
30 912
health
-
-
-
2 261
national
-
-
-
28 172
total
-
-
-
61 345
Employee
52 847
-
146 380
-
health
395
-
1 836
-
municipal
8 656
-
23 844
-
pensions
3 566
-
9 880
-
unemployment
793
-
2 196
-
national
873
-
17 159
-
total
14 283
-
54 915
-
Employer
52 847
-
146 380
-
accident
53
-
147
-
unemployment
343
-
951
-
pensions
9 169
-
25 396
-
health
406
-
1 127
-
total
9 971
-
27 621
-
Corporate
111 182
174 000
-
-
income
22 236
34 799
-
-
total
22 236
34 799
-
-
Dividends

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

66 710
104 401
-
-
national
3 833
11 194
-
-
municipal
12 007
18 793
-
-
total
15 840
29 987
-
-
Income
174 000
174 000
174 000
174 000
Total tax
62 330
64 786
82 536
61 345
After tax
111 670
109 214
91 464
112 655
Living cost
38 564
38 564
38 564
38 564
Free-cash
73 106
70 650
52 900
74 091

Estimated living cost  is ₽38564 per week

₽25190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
₽103689
₽98221
₽95819
₽94282
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
income
-
-
-
34 235
health
-
-
-
4 438
social contributions
-
-
-
16 252
total
-
-
-
54 925
Employee
77 239
77 239
162 349
-
social contributions
2 920
6 410
8 646
-
health
599
1 313
2 760
-
income
8 410
7 150
33 406
-
total
11 929
14 873
44 812
-
Employer
77 239
77 239
162 349
-
social contributions
2 920
6 410
8 646
-
health
650
1 430
3 004
-
total
3 570
7 840
11 650
-
Corporate
135 245
88 921
-
-
income
16 906
11 115
-
-
total
16 906
11 115
-
-
Dividends
118 339
77 806
-
-
withholding
20 118
13 227
-
-
total
20 118
13 227
-
-
Income
174 000
174 000
174 000
174 000
Total tax
52 523
47 055
56 462
54 925
After tax
121 477
126 945
117 538
119 075
Living cost
23 256
23 256
23 256
23 256
Free-cash
98 221
103 689
94 282
95 819

Estimated living cost  is ₽23256 per week

₽13938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
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.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128142
₽123032
₽130319
₽110172
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
174 000
income
-
-
-
17 680
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
27 733
Employee

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

23 056
-
164 183
-
health
1 960
-
8 101
-
income
1 576
-
15 189
-
pensions
3 458
-
14 296
-
unemployment
114
-
477
-
total
7 108
-
38 063
-
Employer

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

23 056
-
164 183
-
unemployment
114
-
477
-
pensions
1 268
-
5 242
-
health
991
-
4 098
-
total
2 373
-
9 817
-
Corporate
148 571
174 000
-
-
income
13 372
15 659
-
-
total
13 372
15 659
-
-
Dividends
135 199
158 341
-
-
withholding
12 167
14 251
-
-
total
12 167
14 251
-
-
Income
174 000
174 000
174 000
174 000
Total tax
35 020
29 910
47 880
27 733
After tax
138 980
144 090
126 120
146 267
Living cost
15 948
15 948
15 948
15 948
Free-cash
123 032
128 142
110 172
130 319

Estimated living cost  is ₽15948 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
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.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88396
₽83959
₽70060
₽65846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
accident
-
-
-
839
income
-
-
-
48 387
pensions
-
-
-
26 347
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
76 318
Employee
37 141
-
144 319
-
other
36
-
93
-
income
7 161
-
44 939
-
pensions
1 746
-
4 377
-
unemployment
576
-
1 443
-
total
9 519
-
50 852
-
Employer
37 141
-
144 319
-
accident
736
-
1 843
-
other
297
-
745
-
unemployment
2 043
-
5 120
-
pensions
8 765
-
21 972
-
total
11 841
-
29 680
-
Corporate
125 018
174 000
-
-
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.

18 753
26 099
-
-
total
18 753
26 099
-
-
Dividends
106 265
147 901
-
-
withholding
22 306
31 883
-
-
total
22 306
31 883
-
-
Income
174 000
174 000
174 000
174 000
Total tax
62 419
57 982
80 532
76 318
After tax
111 581
116 018
93 468
97 682
Living cost
27 622
27 622
27 622
27 622
Free-cash
83 959
88 396
65 846
70 060

Estimated living cost  is ₽27622 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
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.
₽5839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105826
₽105375
₽108735
₽108539
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
income
-
-
-
59 054
pensions
-
-
-
2 006
health
-
-
-
1 455
total
-
-
-
62 515
Employee
4 189
-
171 743
-
health
209
-
502
-
income
810
-
58 949
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 438
-
60 454
-
Employer
4 189
-
171 743
-
unemployment
84
-
201
-
pensions
461
-
1 103
-
health
398
-
953
-
total
943
-
2 257
-
Corporate
168 868
174 000
-
-
income
37 151
38 280
-
-
total
37 151
38 280
-
-
Dividends
131 717
135 720
-
-
withholding
26 343
27 144
-
-
total
26 343
27 144
-
-
Income
174 000
174 000
174 000
174 000
Total tax
65 875
65 424
62 711
62 515
After tax
108 125
108 576
111 289
111 485
Living cost
2 750
2 750
2 750
2 750
Free-cash
105 375
105 826
108 539
108 735

Estimated living cost  is ₽2750 per week

₽1635
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.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108345
₽103404
₽89269
₽89267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
174 000
income
-
-
-
39 304
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 645
total
-
-
-
67 361
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.

26 193
-
160 713
-
health
1 349
-
3 823
-
income
3 610
-
39 304
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
54 076
-
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.

26 193
-
160 713
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
143 119
174 000
-
-
income
21 468
26 100
-
-
total
21 468
26 100
-
-
Dividends
121 651
147 900
-
-
withholding
18 248
22 185
-
-
total
18 248
22 185
-
-
Income
174 000
174 000
174 000
174 000
Total tax
53 226
48 285
67 363
67 361
After tax
120 774
125 715
106 637
106 639
Living cost
17 370
17 370
17 370
17 370
Free-cash
103 404
108 345
89 267
89 269

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71892
₽71530
₽66276
₽53101
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
174 000
income
-
-
-
20 178
surtax
-
-
-
-
social contributions

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

-
-
-
60 466
total
-
-
-
80 644
Employee
38 986
-
140 606
-
social contributions
4 289
-
15 467
-
surtax
-
-
-
-
income
7 618
-
44 958
-
total
11 907
-
60 425
-
Employer
38 986
-
140 606
-
social contributions
9 258
-
33 394
-
total
9 258
-
33 394
-
Corporate
125 756
174 000
-
-
surtax
-
-
-
-
income
26 408
36 539
-
-
total
26 408
36 539
-
-
Dividends
99 348
137 461
-
-
withholding
27 817
38 489
-
-
total
27 817
38 489
-
-
Income
174 000
174 000
174 000
174 000
Total tax
75 390
75 028
93 819
80 644
After tax
98 610
98 972
80 181
93 356
Living cost
27 080
27 080
27 080
27 080
Free-cash
71 530
71 892
53 101
66 276

Estimated living cost  is ₽27080 per week

₽19180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80716
₽74105
₽62380
₽58166
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
accident
-
-
-
839
income
-
-
-
48 387
pensions
-
-
-
26 347
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
76 318
Employee
48 511
-
144 319
-
other
48
-
93
-
income
10 132
-
44 939
-
pensions
2 280
-
4 377
-
unemployment
751
-
1 443
-
total
13 211
-
50 852
-
Employer
48 511
-
144 319
-
accident
961
-
1 843
-
other
389
-
745
-
unemployment
2 669
-
5 120
-
pensions
11 448
-
21 972
-
total
15 467
-
29 680
-
Corporate
110 022
174 000
-
-
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.

16 504
26 099
-
-
total
16 504
26 099
-
-
Dividends
93 518
147 901
-
-
withholding
19 411
31 883
-
-
total
19 411
31 883
-
-
Income
174 000
174 000
174 000
174 000
Total tax
64 593
57 982
80 532
76 318
After tax
109 407
116 018
93 468
97 682
Living cost
35 302
35 302
35 302
35 302
Free-cash
74 105
80 716
58 166
62 380

Estimated living cost  is ₽35302 per week

₽25352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131494
₽125375
₽121258
₽128049
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
income
-
-
-
26 100
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
35 466
Employee
22 876
-
167 117
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
16 712
-
pensions

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

2 008
-
3 080
-
total
5 599
-
21 792
-
Employer
22 876
-
167 117
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
146 635
174 000
-
-
income
14 663
17 400
-
-
total
14 663
17 400
-
-
Dividends
131 972
156 600
-
-
withholding
6 599
7 830
-
-
total
6 599
7 830
-
-
Income
174 000
174 000
174 000
174 000
Total tax
31 349
25 230
28 675
35 466
After tax
142 651
148 770
145 325
138 534
Living cost
17 276
17 276
17 276
17 276
Free-cash
125 375
131 494
128 049
121 258

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50775
₽63913
₽53689
₽71956
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
174 000
trade
-
-
-
18 267
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.

-
-
-
53 461
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.

-
-
-
6 862
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.

-
-
-
2 941
total
-
-
-
81 531
Employee

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

49 979
-
174 000
-
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.

6 862
-
6 862
-
surtax

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

227
-
2 941
-
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.

4 110
-
53 461
-
total
11 199
-
63 264
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
124 021
174 000
-
-
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.

1 024
1 435
-
-
income
18 602
26 099
-
-
trade
17 798
24 969
-
-
chamber of commerce
334
408
-
-
total
37 758
52 911
-
-
Dividends
86 264
121 088
-
-
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.

1 165
1 643
-
-
withholding
21 185
29 891
-
-
total
22 350
31 534
-
-
Income
174 000
174 000
174 000
174 000
Total tax
71 307
84 445
63 264
81 531
After tax
102 693
89 555
110 736
92 469
Living cost
38 780
38 780
38 780
38 780
Free-cash
63 913
50 775
71 956
53 689

Estimated living cost  is ₽38780 per week

₽26751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
₽64583
₽66798
₽34822
₽34822
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
income
-
-
-
52 997
social contributions
-
-
-
28 962
total
-
-
-
81 959
Employee
78 572
-
174 000
-
income
14 826
-
52 997
-
social contributions
6 528
-
28 962
-
total
21 354
-
81 959
-
Employer
78 572
-
174 000
-
total
-
-
-
-
Corporate
95 428
174 000
-
-
income
11 929
21 749
-
-
total
11 929
21 749
-
-
Dividends
83 499
152 251
-
-
withholding
16 700
30 449
-
-
total
16 700
30 449
-
-
Income
174 000
174 000
174 000
174 000
Total tax
49 983
52 198
81 959
81 959
After tax
124 017
121 802
92 041
92 041
Living cost
57 219
57 219
57 219
57 219
Free-cash
66 798
64 583
34 822
34 822

Estimated living cost  is ₽57219 per week

₽43531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71330
₽74840
₽102213
₽87432
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
174 000
income
-
-
-
28 593
health

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

-
-
-
6 731
total
-
-
-
35 324
Employee
46 079
-
169 379
-
income
5 000
-
40 863
-
social contributions
4 617
-
4 621
-
total
9 617
-
45 484
-
Employer
46 079
-
169 379
-
social contributions
4 617
-
4 621
-
total
4 617
-
4 621
-
Corporate
123 304
174 000
-
-
income
43 156
60 900
-
-
total
43 156
60 900
-
-
Dividends
80 148
113 100
-
-
social contributions
5 307
5 307
-
-
total
5 307
5 307
-
-
Income
174 000
174 000
174 000
174 000
Total tax
62 697
66 207
50 105
35 324
After tax
111 303
107 793
123 895
138 676
Living cost
36 463
36 463
36 463
36 463
Free-cash
74 840
71 330
87 432
102 213

Estimated living cost  is ₽36463 per week

₽24018
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽76926
₽82867
₽78325
₽62561
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
income
-
-
-
49 441
pensions
-
-
-
8 971
total
-
-
-
58 412
Employee
51 149
-
152 026
-
health
667
-
2 214
-
income
9 315
-
38 931
-
pensions
3 904
-
11 056
-
total
13 886
-
52 201
-
Employer
51 149
-
152 026
-
pensions
5 168
-
19 087
-
health
972
-
2 888
-
total
6 140
-
21 975
-
Corporate
116 711
174 000
-
-
income

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

22 175
33 061
-
-
total
22 175
33 061
-
-
Dividends
94 535
140 939
-
-
withholding
11 669
26 750
-
-
total
11 669
26 750
-
-
Income
174 000
174 000
174 000
174 000
Total tax
53 870
59 811
74 176
58 412
After tax
120 130
114 189
99 824
115 588
Living cost
37 263
37 263
37 263
37 263
Free-cash
82 867
76 926
62 561
78 325

Estimated living cost  is ₽37263 per week

₽25562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
-₽9775
₽10432
₽95088
₽70556
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
accident
-
-
-
253
income
-
-
-
48 065
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
55 043
Employee
37 547
-
156 513
-
health
4 299
-
17 921
-
income
5 151
-
36 522
-
pensions
4 228
-
7 645
-
total
13 678
-
62 088
-
Employer
37 547
-
156 513
-
accident
627
-
2 614
-
unemployment
920
-
3 834
-
pensions
6 105
-
11 039
-
total
7 652
-
17 487
-
Corporate
128 802
174 000
-
-
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.

115 922
156 600
-
-
total
115 922
156 600
-
-
Dividends
12 880
17 400
-
-
withholding
2 447
3 306
-
-
total
2 447
3 306
-
-
Income
174 000
174 000
174 000
174 000
Total tax
139 699
159 906
79 575
55 043
After tax
34 301
14 094
94 425
118 957
Living cost
23 869
23 869
23 869
23 869
Free-cash
10 432
-9 775
70 556
95 088

Estimated living cost  is ₽23869 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
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.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132855
₽128155
₽87620
₽109704
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
174 000
work injury
-
-
-
803
health insurance
-
-
-
11 886
income
-
-
-
28 644
pensions
-
-
-
29 554
unemployment
-
-
-
1 927
total
-
-
-
72 814
Employee

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

21 706
-
174 000
-
work injury
109
-
402
-
income
2 171
-
28 644
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
50 730
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
152 294
174 000
-
-
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%.

1 523
1 740
-
-
total
1 523
1 740
-
-
Dividends
150 771
172 260
-
-
withholding
22 616
25 839
-
-
total
22 616
25 839
-
-
Income
174 000
174 000
174 000
174 000
Total tax
32 279
27 579
50 730
72 814
After tax
141 721
146 421
123 270
101 186
Living cost
13 566
13 566
13 566
13 566
Free-cash
128 155
132 855
109 704
87 620

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51636
₽47066
₽41253
₽33615
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 000
municipal
-
-
-
1 163
regional
-
-
-
3 983
national
-
-
-
42 832
social contributions
-
-
-
44 753
total
-
-
-
92 731
Employee
84 643
-
174 000
-
social contributions
28 541
-
58 672
-
regional
1 278
-
3 533
-
municipal
505
-
1 039
-
national
14 304
-
37 125
-
total
44 628
-
100 369
-
Employer
84 643
-
174 000
-
total
-
-
-
-
Corporate
89 357
174 000
-
-
nationa
21 446
41 760
-
-
municipal
4 308
8 387
-
-
total
25 754
50 147
-
-
Dividends
63 603
123 852
-
-
withholding
16 536
32 201
-
-
total
16 536
32 201
-
-
Income
174 000
174 000
174 000
174 000
Total tax
86 918
82 348
100 369
92 731
After tax
87 082
91 652
73 631
81 269
Living cost
40 016
40 016
40 016
40 016
Free-cash
47 066
51 636
33 615
41 253

Estimated living cost  is ₽40016 per week

₽28108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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