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
₽ 174500
per

Your estimated
City
free-cash

Dresden , Germany
₽57451
₽68614
₽60421
₽80514
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
174 500
trade
-
-
-
20 093
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.

-
-
-
53 578
health

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

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

-
-
-
6 894
surtax

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

-
-
-
2 947
total
-
-
-
83 512
Employee

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

38 599
-
174 500
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
2 947
-
income

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

1 078
-
53 578
-
total
8 031
-
63 419
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
135 901
174 500
-
-
surtax

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

1 120
1 440
-
-
income
20 386
26 175
-
-
trade
21 405
27 483
-
-
chamber of commerce
349
404
-
-
total
43 260
55 502
-
-
Dividends
92 641
118 997
-
-
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.

1 252
1 614
-
-
withholding
22 776
29 366
-
-
total
24 028
30 980
-
-
Income
174 500
174 500
174 500
174 500
Total tax
75 319
86 482
63 419
83 512
After tax
99 181
88 018
111 081
90 988
Living cost
30 567
30 567
30 567
30 567
Free-cash
68 614
57 451
80 514
60 421

Estimated living cost  is ₽30567 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57894
₽57046
₽52000
₽53103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
municipal
-
-
-
19 097
pensions
-
-
-
20 940
national
-
-
-
29 593
social contributions
-
-
-
1 876
total
-
-
-
71 506
Employee
79 050
-
150 854
-
municipal
9 764
-
19 773
-
pensions
3 162
-
6 034
-
national
15 130
-
30 906
-
total
28 056
-
56 713
-
Employer
79 050
-
150 854
-
social contributions
850
-
1 622
-
pensions
6 324
-
12 068
-
total
7 174
-
13 690
-
Corporate
83 059
174 500
-
-
income

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

16 612
34 900
-
-
total
16 612
34 900
-
-
Dividends
66 447
139 600
-
-
withholding
14 618
30 712
-
-
total
14 618
30 712
-
-
Income
174 500
174 500
174 500
174 500
Total tax
66 460
65 612
70 403
71 506
After tax
108 040
108 888
104 097
102 994
Living cost
50 994
50 994
50 994
50 994
Free-cash
57 046
57 894
53 103
52 000

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽118604
₽110328
₽38942
₽51911
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
174 500
microenterprise
-
-
-
-
income
-
-
-
31 400
surtax
-
-
-
44 497
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.

-
-
-
38 666
total
-
-
-
114 563
Employee
29 488
-
131 104
-
social contributions

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

3 244
-
13 229
-
surtax
-
-
19 009
-
income
5 249
-
25 962
-
total
8 493
-
58 200
-
Employer
29 488
-
131 104
-
social contributions

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

7 103
-
28 973
-
surtax
-
-
14 421
-
total
7 103
-
43 394
-
Corporate
137 909
174 500
-
-
income

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

27 581
34 901
-
-
total
27 581
34 901
-
-
Dividends

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

110 327
139 599
-
-
total
-
-
-
-
Income
174 500
174 500
174 500
174 500
Total tax
43 177
34 901
101 594
114 563
After tax
131 323
139 599
72 906
59 937
Living cost
20 995
20 995
20 995
20 995
Free-cash
110 328
118 604
51 911
38 942

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽44071
₽37889
₽54290
₽66394
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
income
-
-
-
53 666
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
77 934
Employee
86 179
86 179
155 746
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
22 808
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
47 076
-
Employer
86 179
86 179
155 746
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
74 287
73 230
-
-
income
14 857
14 647
-
-
total
14 857
14 647
-
-
Dividends
59 430
58 584
-
-
income
12 628
12 448
-
-
withholding
8 915
8 788
-
-
total
21 543
21 236
-
-
Income
174 500
174 500
174 500
174 500
Total tax
94 336
88 154
65 830
77 934
After tax
80 164
86 346
108 670
96 566
Living cost
42 276
42 276
42 276
42 276
Free-cash
37 889
44 071
66 394
54 290

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56287
₽55411
₽50468
₽49523
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
municipal
-
-
-
44 654
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
15 632
total
-
-
-
85 042
Employee
55 558
-
147 651
-
municipal
16 567
-
44 029
-
national
-
-
15 109
-
total
16 567
-
59 138
-
Employer
55 558
-
147 651
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 849
-
Corporate
101 486
174 500
-
-
income
22 327
38 390
-
-
total
22 327
38 390
-
-
Dividends
79 159
136 110
-
-
withholding
23 748
40 833
-
-
total
23 748
40 833
-
-
Income
174 500
174 500
174 500
174 500
Total tax
80 099
79 223
85 987
85 042
After tax
94 401
95 277
88 513
89 458
Living cost
38 990
38 990
38 990
38 990
Free-cash
55 411
56 287
49 523
50 468

Estimated living cost  is ₽38990 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽47474
₽61656
₽50450
₽71437
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
174 500
trade
-
-
-
20 987
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.

-
-
-
53 578
health

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

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

-
-
-
6 894
surtax

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

-
-
-
2 947
total
-
-
-
84 406
Employee

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

51 177
-
174 500
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
2 947
-
income

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

4 397
-
53 578
-
total
11 532
-
63 419
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
123 323
174 500
-
-
surtax

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

1 017
1 440
-
-
income
18 498
26 175
-
-
trade
20 287
28 705
-
-
chamber of commerce
329
402
-
-
total
40 131
56 722
-
-
Dividends
83 192
117 777
-
-
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.

1 122
1 599
-
-
withholding
20 415
29 061
-
-
total
21 537
30 660
-
-
Income
174 500
174 500
174 500
174 500
Total tax
73 200
87 382
63 419
84 406
After tax
101 300
87 118
111 081
90 094
Living cost
39 644
39 644
39 644
39 644
Free-cash
61 656
47 474
71 437
50 450

Estimated living cost  is ₽39644 per week

₽26514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽94578
₽90391
₽86701
₽85158
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
income
-
-
-
34 288
health
-
-
-
4 451
social contributions
-
-
-
16 328
total
-
-
-
55 067
Employee
77 600
77 600
162 801
-
social contributions
3 771
6 440
8 687
-
health
772
1 319
2 767
-
income
8 149
7 183
33 457
-
total
12 692
14 942
44 911
-
Employer
77 600
77 600
162 801
-
social contributions
3 771
6 440
8 687
-
health
841
1 436
3 012
-
total
4 612
7 876
11 699
-
Corporate
124 465
89 023
-
-
income
15 558
11 129
-
-
total
15 558
11 129
-
-
Dividends
108 907
77 894
-
-
withholding
18 515
13 243
-
-
total
18 515
13 243
-
-
Income
174 500
174 500
174 500
174 500
Total tax
51 377
47 190
56 610
55 067
After tax
123 123
127 310
117 890
119 433
Living cost
32 732
32 732
32 732
32 732
Free-cash
90 391
94 578
85 158
86 701

Estimated living cost  is ₽32732 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79696
₽80076
₽102547
₽82821
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
income
-
-
-
21 333
pensions
-
-
-
17 450
unemployment
-
-
-
2 618
health
-
-
-
12 215
total
-
-
-
53 616
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.

26 470
10 535
146 025
-
health
1 853
737
10 222
-
income
3 236
1 288
17 852
-
pensions
2 647
1 053
14 603
-
unemployment
397
158
2 190
-
total
8 133
3 236
44 867
-
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.

26 470
10 535
146 025
-
pensions
5 162
2 054
28 475
-
total
5 162
2 054
28 475
-
Corporate
142 869
161 911
-
-
income
12 858
14 572
-
-
total
12 858
14 572
-
-
Dividends
130 011
147 339
-
-
social contributions
25 232
28 611
-
-
withholding
24 702
27 994
-
-
total
49 934
56 605
-
-
Income
174 500
174 500
174 500
174 500
Total tax
76 087
76 467
73 342
53 616
After tax
98 413
98 033
101 158
120 884
Living cost
18 337
18 337
18 337
18 337
Free-cash
80 076
79 696
82 821
102 547

Estimated living cost  is ₽18337 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115224
₽108956
₽69157
₽76204
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
income
-
-
-
23 383
pensions
-
-
-
34 901
health
-
-
-
22 684
total
-
-
-
80 968
Employee
28 629
-
130 419
-
income
3 223
-
25 145
-
pensions
573
-
2 608
-
unemployment
458
-
2 087
-
total
4 254
-
29 840
-
Employer
28 629
-
130 419
-
unemployment
230
-
1 044
-
pensions
5 726
-
26 083
-
health
3 721
-
16 954
-
total
9 677
-
44 081
-
Corporate
136 195
174 500
-
-
income
27 238
34 901
-
-
total
27 238
34 901
-
-
Dividends
108 956
139 599
-
-
total
-
-
-
-
Income
174 500
174 500
174 500
174 500
Total tax
41 169
34 901
73 921
80 968
After tax
133 331
139 599
100 579
93 532
Living cost
24 375
24 375
24 375
24 375
Free-cash
108 956
115 224
76 204
69 157

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7934
₽10749
₽97227
₽72638
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
accident
-
-
-
253
income
-
-
-
48 217
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
55 204
Employee
34 715
-
156 980
-
health
3 975
-
17 974
-
income
4 763
-
36 646
-
pensions
3 909
-
7 653
-
total
12 647
-
62 273
-
Employer
34 715
-
156 980
-
accident
580
-
2 622
-
unemployment
850
-
3 846
-
pensions
5 645
-
11 052
-
total
7 075
-
17 520
-
Corporate
132 710
174 500
-
-
income

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

119 439
157 050
-
-
total
119 439
157 050
-
-
Dividends
13 271
17 450
-
-
withholding
2 521
3 315
-
-
total
2 521
3 315
-
-
Income
174 500
174 500
174 500
174 500
Total tax
141 682
160 365
79 793
55 204
After tax
32 818
14 135
94 707
119 296
Living cost
22 069
22 069
22 069
22 069
Free-cash
10 749
-7 934
72 638
97 227

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156696
₽154994
₽163676
₽130521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
174 500
microenterprise

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

-
-
-
1 745
total
-
-
-
1 745
Employee
11 349
-
174 500
-
income
2 269
-
34 900
-
total
2 269
-
34 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

163 151
174 500
-
-
total
-
-
-
-
Dividends
163 151
174 500
-
-
withholding
8 158
8 725
-
-
total
8 158
8 725
-
-
Income
174 500
174 500
174 500
174 500
Total tax
10 427
8 725
34 900
1 745
After tax
164 073
165 775
139 600
172 755
Living cost
9 079
9 079
9 079
9 079
Free-cash
154 994
156 696
130 521
163 676

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽101315
₽94501
₽70100
₽72088
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
income
-
-
-
26 637
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.

-
-
-
36 831
other
-
-
-
7 289
health
-
-
-
6 753
total
-
-
-
77 510
Employee
36 642
-
139 377
-
health
513
-
1 951
-
income
6 308
-
27 300
-
pensions

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

2 564
-
9 755
-
unemployment
366
-
1 394
-
total
9 751
-
40 400
-
Employer
36 642
-
139 377
-
accident
293
-
1 115
-
other
1 833
-
6 969
-
unemployment
366
-
1 394
-
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.

6 230
-
23 693
-
health
513
-
1 951
-
total
9 235
-
35 122
-
Corporate
128 624
174 500
-
-
income
27 010
36 645
-
-
total
27 010
36 645
-
-
Dividends
101 613
137 855
-
-
withholding
7 113
9 650
-
-
total
7 113
9 650
-
-
Income
174 500
174 500
174 500
174 500
Total tax
53 109
46 295
75 522
77 510
After tax
121 391
128 205
98 978
96 990
Living cost
26 890
26 890
26 890
26 890
Free-cash
94 501
101 315
72 088
70 100

Estimated living cost  is ₽26890 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽46917
₽49108
₽48280
₽32464
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
income
-
-
-
49 460
pensions
-
-
-
9 033
total
-
-
-
58 493
Employee
95 823
-
152 472
-
health
1 579
-
2 226
-
income
17 273
-
38 915
-
pensions
9 244
-
11 140
-
total
28 096
-
52 281
-
Employer
95 823
-
152 472
-
pensions
11 314
-
19 131
-
health
1 820
-
2 897
-
total
13 134
-
22 028
-
Corporate
65 543
174 500
-
-
income

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

12 454
33 155
-
-
total
12 454
33 155
-
-
Dividends
53 089
141 345
-
-
withholding
3 981
26 701
-
-
total
3 981
26 701
-
-
Income
174 500
174 500
174 500
174 500
Total tax
57 665
59 856
74 309
58 493
After tax
116 835
114 644
100 191
116 007
Living cost
67 727
67 727
67 727
67 727
Free-cash
49 108
46 917
32 464
48 280

Estimated living cost  is ₽67727 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽135958
₽131268
₽125669
₽132475
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
income
-
-
-
26 175
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
35 592
Employee
17 531
-
167 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
16 758
-
pensions

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

1 539
-
3 097
-
total
4 291
-
21 865
-
Employer
17 531
-
167 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
153 529
174 500
-
-
income
15 353
17 450
-
-
total
15 353
17 450
-
-
Dividends
138 176
157 050
-
-
withholding
6 909
7 853
-
-
total
6 909
7 853
-
-
Income
174 500
174 500
174 500
174 500
Total tax
29 993
25 303
28 786
35 592
After tax
144 507
149 197
145 714
138 908
Living cost
13 239
13 239
13 239
13 239
Free-cash
131 268
135 958
132 475
125 669

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽30386
₽32922
₽40606
₽52710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
income
-
-
-
53 666
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
77 934
Employee
93 563
86 179
155 746
-
health
11 672
11 251
12 444
-
income

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

14 106
14 106
22 808
-
pensions
11 824
11 824
11 824
-
total
37 602
37 181
47 076
-
Employer
93 563
86 179
155 746
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 754
-
Corporate
64 556
73 230
-
-
income
12 912
14 647
-
-
total
12 912
14 647
-
-
Dividends
51 644
58 584
-
-
income
10 975
12 448
-
-
withholding
7 747
8 788
-
-
total
18 722
21 236
-
-
Income
174 500
174 500
174 500
174 500
Total tax
85 618
88 154
65 830
77 934
After tax
88 882
86 346
108 670
96 566
Living cost
55 960
55 960
55 960
55 960
Free-cash
32 922
30 386
52 710
40 606

Estimated living cost  is ₽55960 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽95973
₽87351
₽74570
₽66871
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
income
-
-
-
17 424
health
-
-
-
23 557
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 779
total
-
-
-
75 760
Employee
35 544
-
132 774
-
social contributions
2 310
-
7 742
-
health
4 798
-
17 924
-
solidarity contribution
-
-
-
-
income
4 265
-
16 066
-
total
11 373
-
41 732
-
Employer
35 544
-
132 774
-
social contributions
8 886
-
29 777
-
health
3 199
-
11 950
-
total
12 085
-
41 727
-
Corporate
126 871
174 500
-
-
income
24 106
33 155
-
-
total
24 106
33 155
-
-
Dividends
102 766
141 345
-
-
withholding
15 415
21 202
-
-
total
15 415
21 202
-
-
Income
174 500
174 500
174 500
174 500
Total tax
62 979
54 357
83 459
75 760
After tax
111 521
120 143
91 041
98 740
Living cost
24 170
24 170
24 170
24 170
Free-cash
87 351
95 973
66 871
74 570

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽50520
₽45251
₽41008
₽33125
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
municipal
-
-
-
1 036
regional
-
-
-
2 055
national
-
-
-
42 936
social contributions
-
-
-
44 882
total
-
-
-
90 909
Employee
89 689
-
174 500
-
social contributions
30 243
-
58 841
-
regional
846
-
1 814
-
municipal
475
-
925
-
national
15 541
-
37 212
-
total
47 105
-
98 792
-
Employer
89 689
-
174 500
-
total
-
-
-
-
Corporate
84 811
174 500
-
-
nationa
20 355
41 879
-
-
municipal
3 307
6 806
-
-
total
23 662
48 685
-
-
Dividends
61 149
125 815
-
-
withholding
15 899
32 712
-
-
total
15 899
32 712
-
-
Income
174 500
174 500
174 500
174 500
Total tax
86 666
81 397
98 792
90 909
After tax
87 834
93 103
75 708
83 591
Living cost
42 583
42 583
42 583
42 583
Free-cash
45 251
50 520
33 125
41 008

Estimated living cost  is ₽42583 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87492
₽84351
₽60349
₽54178
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
income
-
-
-
47 825
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
7 327
total
-
-
-
91 882
Employee
33 373
-
146 149
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
6 121
-
income
5 594
-
41 789
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
69 702
-
Employer
33 373
-
146 149
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
134 103
174 500
-
-
income
34 866
45 370
-
-
total
34 866
45 370
-
-
Dividends
99 237
129 130
-
-
withholding
14 886
19 369
-
-
total
14 886
19 369
-
-
Income
174 500
174 500
174 500
174 500
Total tax
67 880
64 739
98 053
91 882
After tax
106 620
109 761
76 447
82 618
Living cost
22 269
22 269
22 269
22 269
Free-cash
84 351
87 492
54 178
60 349

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽68375
₽75065
₽69738
₽53922
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
income
-
-
-
49 460
pensions
-
-
-
9 033
total
-
-
-
58 493
Employee
64 218
-
152 472
-
health
932
-
2 226
-
income
11 566
-
38 915
-
pensions
5 451
-
11 140
-
total
17 949
-
52 281
-
Employer
64 218
-
152 472
-
pensions
6 952
-
19 131
-
health
1 220
-
2 897
-
total
8 172
-
22 028
-
Corporate
102 110
174 500
-
-
income

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

19 401
33 155
-
-
total
19 401
33 155
-
-
Dividends
82 709
141 345
-
-
withholding
7 644
26 701
-
-
total
7 644
26 701
-
-
Income
174 500
174 500
174 500
174 500
Total tax
53 166
59 856
74 309
58 493
After tax
121 334
114 644
100 191
116 007
Living cost
46 269
46 269
46 269
46 269
Free-cash
75 065
68 375
53 922
69 738

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3521
₽36155
₽64934
₽56952
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
city
-
-
-
1 839
pensions
-
-
-
16 054
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.

-
-
-
3 491
regional
-
-
-
8 614
health
-
-
-
392
national
-
-
-
2 903
total
-
-
-
33 293
Employee
89 259
-
156 186
-
city
958
-
1 677
-
regional
2 923
-
7 413
-
health
202
-
351
-
pensions
7 499
-
13 121
-
unemployment
-
-
-
-
national
422
-
2 116
-
total
12 004
-
24 678
-
Employer
89 259
-
156 186
-
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.

1 785
-
3 125
-
unemployment
-
-
-
-
pensions
7 499
-
13 121
-
health
202
-
351
-
total
9 486
-
16 597
-
Corporate
74 775
174 500
-
-
regional
15 815
36 907
-
-
national
6 355
14 833
-
-
total
22 170
51 740
-
-
Dividends
52 605
122 760
-
-
withholding
18 412
42 966
-
-
total
18 412
42 966
-
-
Income
174 500
174 500
174 500
174 500
Total tax
62 072
94 706
41 275
33 293
After tax
112 428
79 794
133 225
141 207
Living cost
76 273
76 273
76 273
76 273
Free-cash
36 155
3 521
56 952
64 934

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽39991
₽56356
₽42971
₽64851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
174 500
trade
-
-
-
21 880
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.

-
-
-
53 578
health

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

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

-
-
-
6 894
surtax

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

-
-
-
2 947
total
-
-
-
85 299
Employee

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

60 649
-
174 500
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
2 947
-
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.

7 132
-
53 578
-
total
14 419
-
63 419
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
113 851
174 500
-
-
surtax

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

938
1 440
-
-
income
17 077
26 175
-
-
trade
19 526
29 927
-
-
chamber of commerce
314
398
-
-
total
37 855
57 940
-
-
Dividends
75 995
116 559
-
-
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.

1 025
1 582
-
-
withholding
18 615
28 757
-
-
total
19 640
30 339
-
-
Income
174 500
174 500
174 500
174 500
Total tax
71 914
88 279
63 419
85 299
After tax
102 586
86 221
111 081
89 201
Living cost
46 230
46 230
46 230
46 230
Free-cash
56 356
39 991
64 851
42 971

Estimated living cost  is ₽46230 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53420
₽59386
₽63859
₽61720
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
income
-
-
-
27 027
pensions
-
-
-
31 427
other
-
-
-
5 410
health
-
-
-
7 277
surtax
-
-
-
-
social contributions
-
-
-
4 973
total
-
-
-
76 114
Employee
43 191
-
135 400
-
social contributions
1 231
-
3 857
-
surtax
-
-
-
-
income
2 549
-
26 025
-
pensions
4 883
-
9 271
-
total
8 663
-
39 153
-
Employer
43 191
-
135 400
-
other
1 490
-
5 221
-
social contributions
130
-
406
-
unemployment
1 748
-
5 483
-
pensions
7 095
-
15 633
-
health
3 024
-
12 357
-
total
13 487
-
39 100
-
Corporate
117 821
174 500
-
-
surtax
-
-
-
-
income
32 989
48 860
-
-
total
32 989
48 860
-
-
Dividends
84 832
125 640
-
-
surtax
-
-
-
-
social contributions
14 589
21 610
-
-
withholding
10 859
16 083
-
-
total
25 448
37 693
-
-
Income
174 500
174 500
174 500
174 500
Total tax
80 587
86 553
78 253
76 114
After tax
93 913
87 947
96 247
98 386
Living cost
34 527
34 527
34 527
34 527
Free-cash
59 386
53 420
61 720
63 859

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56841
₽62446
₽67280
₽65141
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
income
-
-
-
27 027
pensions
-
-
-
31 427
other
-
-
-
5 410
health
-
-
-
7 277
surtax
-
-
-
-
social contributions
-
-
-
4 973
total
-
-
-
76 114
Employee
38 554
-
135 400
-
social contributions
1 099
-
3 857
-
surtax
-
-
-
-
income
1 988
-
26 025
-
pensions
4 361
-
9 271
-
total
7 448
-
39 153
-
Employer
38 554
-
135 400
-
other
1 331
-
5 221
-
social contributions
115
-
406
-
unemployment
1 561
-
5 483
-
pensions
6 335
-
15 633
-
health
2 698
-
12 357
-
total
12 040
-
39 100
-
Corporate
123 906
174 500
-
-
surtax
-
-
-
-
income
34 694
48 860
-
-
total
34 694
48 860
-
-
Dividends
89 212
125 640
-
-
surtax
-
-
-
-
social contributions
15 346
21 610
-
-
withholding
11 420
16 083
-
-
total
26 766
37 693
-
-
Income
174 500
174 500
174 500
174 500
Total tax
80 948
86 553
78 253
76 114
After tax
93 552
87 947
96 247
98 386
Living cost
31 106
31 106
31 106
31 106
Free-cash
62 446
56 841
65 141
67 280

Estimated living cost  is ₽31106 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85062
₽85585
₽90666
₽87163
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
income
-
-
-
26 175
health
-
-
-
12 180
social contributions
-
-
-
24 080
total
-
-
-
62 435
Employee
34 217
-
174 500
-
social contributions
4 723
-
24 080
-
health
2 388
-
12 180
-
income
5 707
-
29 678
-
total
12 818
-
65 938
-
Employer
34 217
-
174 500
-
total
-
-
-
-
Corporate
140 283
174 500
-
-
income

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

7 015
8 725
-
-
total
7 015
8 725
-
-
Dividends
133 268
165 775
-
-
health
9 302
11 571
-
-
social contributions
18 391
22 878
-
-
withholding
19 990
24 865
-
-
total
47 683
59 314
-
-
Income
174 500
174 500
174 500
174 500
Total tax
67 516
68 039
65 938
62 435
After tax
106 984
106 461
108 562
112 065
Living cost
21 399
21 399
21 399
21 399
Free-cash
85 585
85 062
87 163
90 666

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61021
₽59463
₽53993
₽10744
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
chamber of commerce
-
-
-
697
income
-
-
-
47 033
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
84 948
Employee
50 434
40 217
138 843
-
other
504
402
1 180
-
health
1 951
1 557
4 562
-
income
5 741
2 966
37 436
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 874
10 249
58 788
-
Employer
50 434
40 217
138 843
-
accident
655
523
1 532
-
other
2 396
1 909
6 416
-
chamber of commerce
201
161
555
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
4 165
-
health
1 906
1 521
4 456
-
total
14 712
11 775
35 656
-
Corporate
109 355
122 509
135 013
-
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.

27 338
30 628
33 753
-
total
27 338
30 628
33 753
-
Dividends
82 017
91 881
-
-
withholding
22 554
25 268
-
-
total
22 554
25 268
-
-
Income
174 500
174 500
174 500
174 500
Total tax
79 478
77 920
128 197
84 948
After tax
95 022
96 580
46 303
89 552
Living cost
35 559
35 559
35 559
35 559
Free-cash
59 463
61 021
10 744
53 993

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽60803
₽45667
₽38836
₽24827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
national
-
-
-
64 747
communal

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

-
-
-
8 961
social contributions
-
-
-
25 160
total
-
-
-
98 868
Employee

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

72 186
-
135 153
-
communal

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

3 765
-
7 049
-
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.

3 392
-
6 352
-
pensions

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

5 414
-
10 137
-
unemployment

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

628
-
1 176
-
national
22 193
-
48 821
-
total
35 392
-
73 535
-
Employer

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

72 186
-
135 153
-
accident

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

938
-
1 758
-
unemployment

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

1 053
-
1 973
-
surtax
8 185
-
15 325
-
pensions

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

6 396
-
11 975
-
health

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

4 439
-
8 311
-
total
21 011
-
39 342
-
Corporate
81 301
174 500
-
-
surtax
326
697
-
-
income
16 261
34 901
-
-
total
16 587
35 598
-
-
Dividends
64 715
138 902
-
-
withholding

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

19 047
41 303
-
-
total
19 047
41 303
-
-
Income
174 500
174 500
174 500
174 500
Total tax
92 037
76 901
112 877
98 868
After tax
82 463
97 599
61 623
75 632
Living cost
36 796
36 796
36 796
36 796
Free-cash
45 667
60 803
24 827
38 836

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79910
₽72924
₽61519
₽57285
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
accident
-
-
-
843
income
-
-
-
48 474
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
76 536
Employee
50 234
-
144 680
-
other
50
-
94
-
income
10 599
-
45 009
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
50 950
-
Employer
50 234
-
144 680
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 075
-
total
16 011
-
29 820
-
Corporate
108 254
174 500
-
-
income

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

16 238
26 175
-
-
total
16 238
26 175
-
-
Dividends
92 016
148 325
-
-
withholding
19 093
31 970
-
-
total
19 093
31 970
-
-
Income
174 500
174 500
174 500
174 500
Total tax
65 131
58 145
80 770
76 536
After tax
109 369
116 355
93 730
97 964
Living cost
36 445
36 445
36 445
36 445
Free-cash
72 924
79 910
57 285
61 519

Estimated living cost  is ₽36445 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽47441
₽34705
₽31799
₽38756
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
accident
-
-
-
1 471
income
-
-
-
28 293
pensions
-
-
-
26 156
health
-
-
-
12 260
surtax
-
-
-
8 650
communal
-
-
-
11 029
total
-
-
-
87 859
Employee
76 423
-
155 874
-
health
3 401
-
6 935
-
surtax
4 684
-
9 552
-
income
7 382
-
33 320
-
pensions
6 113
-
12 469
-
total
21 580
-
62 276
-
Employer
76 423
-
155 874
-
accident
688
-
1 404
-
pensions
6 113
-
12 469
-
health
2 331
-
4 753
-
total
9 132
-
18 626
-
Corporate
88 945
174 500
-
-
surtax
935
1 833
-
-
communal
6 004
11 780
-
-
income
13 342
26 175
-
-
total
20 281
39 788
-
-
Dividends
68 665
134 712
-
-
income
23 661
12 223
-
-
withholding
10 299
20 206
-
-
total
33 960
32 429
-
-
Income
174 500
174 500
174 500
174 500
Total tax
84 953
72 217
80 902
87 859
After tax
89 547
102 283
93 598
86 641
Living cost
54 842
54 842
54 842
54 842
Free-cash
34 705
47 441
38 756
31 799

Estimated living cost  is ₽54842 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87094
₽83884
₽59951
₽53780
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
income
-
-
-
47 825
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
7 327
total
-
-
-
91 882
Employee
33 985
-
146 149
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
6 121
-
income
5 697
-
41 789
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
69 702
-
Employer
33 985
-
146 149
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
133 360
174 500
-
-
income
34 673
45 370
-
-
total
34 673
45 370
-
-
Dividends
98 687
129 130
-
-
withholding
14 804
19 369
-
-
total
14 804
19 369
-
-
Income
174 500
174 500
174 500
174 500
Total tax
67 949
64 739
98 053
91 882
After tax
106 551
109 761
76 447
82 618
Living cost
22 667
22 667
22 667
22 667
Free-cash
83 884
87 094
53 780
59 951

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽64536
₽62294
₽55831
₽47990
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
municipal
-
-
-
1 036
regional
-
-
-
2 630
national
-
-
-
42 936
social contributions
-
-
-
44 882
total
-
-
-
91 484
Employee
55 980
-
174 500
-
social contributions
18 877
-
58 841
-
regional
754
-
2 347
-
municipal
297
-
925
-
national
8 869
-
37 212
-
total
28 797
-
99 325
-
Employer
55 980
-
174 500
-
total
-
-
-
-
Corporate
118 520
174 500
-
-
nationa
28 445
41 879
-
-
municipal
5 891
8 673
-
-
total
34 336
50 552
-
-
Dividends
84 184
123 947
-
-
withholding
21 888
32 227
-
-
total
21 888
32 227
-
-
Income
174 500
174 500
174 500
174 500
Total tax
85 021
82 779
99 325
91 484
After tax
89 479
91 721
75 175
83 016
Living cost
27 185
27 185
27 185
27 185
Free-cash
62 294
64 536
47 990
55 831

Estimated living cost  is ₽27185 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽90360
₽79734
₽68957
₽61258
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
income
-
-
-
17 424
health
-
-
-
23 557
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 779
total
-
-
-
75 760
Employee
43 799
-
132 774
-
social contributions
2 847
-
7 742
-
health
5 913
-
17 924
-
solidarity contribution
-
-
-
-
income
5 256
-
16 066
-
total
14 016
-
41 732
-
Employer
43 799
-
132 774
-
social contributions
10 950
-
29 777
-
health
3 942
-
11 950
-
total
14 892
-
41 727
-
Corporate
115 809
174 500
-
-
income
22 004
33 155
-
-
total
22 004
33 155
-
-
Dividends
93 805
141 345
-
-
withholding
14 071
21 202
-
-
total
14 071
21 202
-
-
Income
174 500
174 500
174 500
174 500
Total tax
64 983
54 357
83 459
75 760
After tax
109 517
120 143
91 041
98 740
Living cost
29 783
29 783
29 783
29 783
Free-cash
79 734
90 360
61 258
68 957

Estimated living cost  is ₽29783 per week

₽22149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽64493
₽63995
₽57555
₽14157
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
chamber of commerce
-
-
-
697
income
-
-
-
47 033
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
84 749
Employee
44 114
40 217
139 029
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 966
37 526
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 249
58 878
-
Employer
44 114
40 217
139 029
-
accident
573
523
1 532
-
other
2 095
1 909
6 423
-
chamber of commerce
176
161
555
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
4 171
-
health
1 668
1 521
4 456
-
total
12 695
11 576
35 470
-
Corporate
117 691
122 708
135 199
-
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.

29 423
30 678
33 799
-
total
29 423
30 678
33 799
-
Dividends
88 268
92 031
-
-
withholding
24 274
25 308
-
-
total
24 274
25 308
-
-
Income
174 500
174 500
174 500
174 500
Total tax
78 309
77 811
128 147
84 749
After tax
96 191
96 689
46 353
89 751
Living cost
32 196
32 196
32 196
32 196
Free-cash
63 995
64 493
14 157
57 555

Estimated living cost  is ₽32196 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽151626
₽148973
₽158606
₽125451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
174 500
microenterprise

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

-
-
-
1 745
total
-
-
-
1 745
Employee
17 686
-
174 500
-
income
3 537
-
34 900
-
total
3 537
-
34 900
-
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%.

156 814
174 500
-
-
total
-
-
-
-
Dividends
156 814
174 500
-
-
withholding
7 841
8 725
-
-
total
7 841
8 725
-
-
Income
174 500
174 500
174 500
174 500
Total tax
11 378
8 725
34 900
1 745
After tax
163 122
165 775
139 600
172 755
Living cost
14 149
14 149
14 149
14 149
Free-cash
148 973
151 626
125 451
158 606

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽93074
₽84634
₽58324
₽53703
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
174 500
income
-
-
-
39 806
pensions
-
-
-
31 869
unemployment
-
-
-
262
health
-
-
-
17 171
total
-
-
-
89 108
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.

44 626
-
150 990
-
health
2 882
-
9 754
-
income
7 696
-
36 851
-
pensions
6 917
-
23 404
-
unemployment
63
-
211
-
total
17 558
-
70 220
-
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.

44 626
-
150 990
-
unemployment
27
-
90
-
pensions
3 949
-
13 363
-
health
2 972
-
10 056
-
total
6 948
-
23 509
-
Corporate
122 926
174 500
-
-
income
23 356
33 156
-
-
total
23 356
33 156
-
-
Dividends
99 570
141 344
-
-
withholding
14 936
21 202
-
-
total
14 936
21 202
-
-
Income
174 500
174 500
174 500
174 500
Total tax
62 798
54 358
93 729
89 108
After tax
111 702
120 142
80 771
85 392
Living cost
27 068
27 068
27 068
27 068
Free-cash
84 634
93 074
53 703
58 324

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62586
₽14545
₽77014
₽117633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
income
-
-
-
34 013
social contributions
-
-
-
19 893
total
-
-
-
53 906
Employee
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
23 906
174 500
-
-
income
5 259
38 390
-
-
total
5 259
38 390
-
-
Dividends
18 647
136 110
-
-
income
4 102
29 944
-
-
total
4 102
29 944
-
-
Income
174 500
174 500
174 500
174 500
Total tax
116 375
68 334
13 287
53 906
After tax
58 125
106 166
161 213
120 594
Living cost
43 580
43 580
43 580
43 580
Free-cash
14 545
62 586
117 633
77 014

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
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.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67602
₽66585
₽61980
₽48780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
174 500
income
-
-
-
20 227
surtax
-
-
-
-
social contributions

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

-
-
-
60 639
total
-
-
-
80 866
Employee
46 414
-
141 011
-
social contributions
5 106
-
15 510
-
surtax
-
-
-
-
income
9 654
-
45 067
-
total
14 760
-
60 577
-
Employer
46 414
-
141 011
-
social contributions
11 023
-
33 489
-
total
11 023
-
33 489
-
Corporate
117 063
174 500
-
-
surtax
-
-
-
-
income
24 584
36 645
-
-
total
24 584
36 645
-
-
Dividends
92 479
137 855
-
-
withholding
25 894
38 599
-
-
total
25 894
38 599
-
-
Income
174 500
174 500
174 500
174 500
Total tax
76 261
75 244
94 066
80 866
After tax
98 239
99 256
80 434
93 634
Living cost
31 654
31 654
31 654
31 654
Free-cash
66 585
67 602
48 780
61 980

Estimated living cost  is ₽31654 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽39206
₽46142
₽49644
₽47506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
income
-
-
-
27 027
pensions
-
-
-
31 427
other
-
-
-
5 410
health
-
-
-
7 277
surtax
-
-
-
-
social contributions
-
-
-
4 973
total
-
-
-
76 114
Employee
63 206
-
135 400
-
social contributions
1 800
-
3 857
-
surtax
-
-
-
-
income
5 515
-
26 025
-
pensions
7 149
-
9 271
-
total
14 464
-
39 153
-
Employer
63 206
-
135 400
-
other
2 181
-
5 221
-
social contributions
190
-
406
-
unemployment
2 560
-
5 483
-
pensions
10 386
-
15 633
-
health
4 424
-
12 357
-
total
19 741
-
39 100
-
Corporate
91 553
174 500
-
-
surtax
-
-
-
-
income
25 635
48 860
-
-
total
25 635
48 860
-
-
Dividends
65 918
125 640
-
-
surtax
-
-
-
-
social contributions
11 339
21 610
-
-
withholding
8 438
16 083
-
-
total
19 777
37 693
-
-
Income
174 500
174 500
174 500
174 500
Total tax
79 617
86 553
78 253
76 114
After tax
94 883
87 947
96 247
98 386
Living cost
48 742
48 742
48 742
48 742
Free-cash
46 142
39 206
47 506
49 644

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126715
₽123325
₽98293
₽102929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
income
-
-
-
7 482
social contributions
-
-
-
38 390
total
-
-
-
45 872
Employee
32 444
-
151 082
-
income
-
-
7 997
-
social contributions
2 109
-
9 821
-
total
2 109
-
17 818
-
Employer
32 444
-
151 082
-
social contributions
5 029
-
23 418
-
total
5 029
-
23 418
-
Corporate
137 027
174 500
-
-
income
13 702
17 450
-
-
total
13 702
17 450
-
-
Dividends
123 325
157 050
-
-
total
-
-
-
-
Income
174 500
174 500
174 500
174 500
Total tax
20 840
17 450
41 236
45 872
After tax
153 660
157 050
133 264
128 628
Living cost
30 335
30 335
30 335
30 335
Free-cash
123 325
126 715
102 929
98 293

Estimated living cost  is ₽30335 per week

₽19614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽45471
-₽45471
₽54486
-₽45471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
municipal
-
-
-
36 250
pensions
-
-
-
875
national
-
-
-
20 376
labour market
-
-
-
13 890
total
-
-
-
71 391
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
174 500
174 500
174 500
174 500
Total tax
171 348
171 348
171 348
71 391
After tax
3 152
3 152
3 152
103 109
Living cost
48 623
48 623
48 623
48 623
Free-cash
-45 471
-45 471
-45 471
54 486

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7608
₽10800
₽97553
₽72964
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
accident
-
-
-
253
income
-
-
-
48 217
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
55 204
Employee
34 203
-
156 980
-
health
3 917
-
17 974
-
income
4 692
-
36 646
-
pensions
3 852
-
7 653
-
total
12 461
-
62 273
-
Employer
34 203
-
156 980
-
accident
571
-
2 622
-
unemployment
838
-
3 846
-
pensions
5 561
-
11 052
-
total
6 970
-
17 520
-
Corporate
133 326
174 500
-
-
income

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

119 993
157 050
-
-
total
119 993
157 050
-
-
Dividends
13 333
17 450
-
-
withholding
2 533
3 315
-
-
total
2 533
3 315
-
-
Income
174 500
174 500
174 500
174 500
Total tax
141 957
160 365
79 793
55 204
After tax
32 543
14 135
94 707
119 296
Living cost
21 743
21 743
21 743
21 743
Free-cash
10 800
-7 608
72 964
97 553

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽70801
₽73259
₽74280
₽53005
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
174 500
municipal
-
-
-
31 001
health
-
-
-
2 266
national
-
-
-
28 208
total
-
-
-
61 475
Employee
53 094
-
146 798
-
health
396
-
1 840
-
municipal
8 696
-
23 912
-
pensions
3 583
-
9 909
-
unemployment
797
-
2 202
-
national
877
-
17 187
-
total
14 349
-
55 050
-
Employer
53 094
-
146 798
-
accident
54
-
147
-
unemployment
345
-
954
-
pensions
9 212
-
25 469
-
health
408
-
1 130
-
total
10 019
-
27 700
-
Corporate
111 388
174 500
-
-
income
22 278
34 901
-
-
total
22 278
34 901
-
-
Dividends

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

66 832
104 700
-
-
national
3 819
11 207
-
-
municipal
12 031
18 846
-
-
total
15 850
30 053
-
-
Income
174 500
174 500
174 500
174 500
Total tax
62 496
64 954
82 750
61 475
After tax
112 004
109 546
91 750
113 025
Living cost
38 745
38 745
38 745
38 745
Free-cash
73 259
70 801
53 005
74 280

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103945
₽98453
₽96068
₽94525
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
income
-
-
-
34 288
health
-
-
-
4 451
social contributions
-
-
-
16 328
total
-
-
-
55 067
Employee
77 600
77 600
162 801
-
social contributions
2 934
6 440
8 687
-
health
601
1 319
2 767
-
income
8 449
7 183
33 457
-
total
11 984
14 942
44 911
-
Employer
77 600
77 600
162 801
-
social contributions
2 934
6 440
8 687
-
health
653
1 436
3 012
-
total
3 587
7 876
11 699
-
Corporate
135 563
89 023
-
-
income
16 945
11 129
-
-
total
16 945
11 129
-
-
Dividends
118 619
77 894
-
-
withholding
20 166
13 243
-
-
total
20 166
13 243
-
-
Income
174 500
174 500
174 500
174 500
Total tax
52 682
47 190
56 610
55 067
After tax
121 818
127 310
117 890
119 433
Living cost
23 365
23 365
23 365
23 365
Free-cash
98 453
103 945
94 525
96 068

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽128479
₽123345
₽130649
₽110409
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
174 500
income
-
-
-
17 728
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
27 828
Employee

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

23 164
-
164 637
-
health
1 969
-
8 139
-
income
1 584
-
15 225
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
38 206
-
Employer

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

23 164
-
164 637
-
unemployment
115
-
479
-
pensions
1 274
-
5 266
-
health
996
-
4 117
-
total
2 385
-
9 862
-
Corporate
148 952
174 500
-
-
income
13 406
15 706
-
-
total
13 406
15 706
-
-
Dividends
135 546
158 794
-
-
withholding
12 199
14 292
-
-
total
12 199
14 292
-
-
Income
174 500
174 500
174 500
174 500
Total tax
35 132
29 998
48 068
27 828
After tax
139 368
144 502
126 432
146 672
Living cost
16 023
16 023
16 023
16 023
Free-cash
123 345
128 479
110 409
130 649

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽88604
₽84148
₽70213
₽65979
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
accident
-
-
-
843
income
-
-
-
48 474
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
76 536
Employee
37 315
-
144 680
-
other
36
-
94
-
income
7 194
-
45 009
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
50 950
-
Employer
37 315
-
144 680
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 075
-
total
11 897
-
29 820
-
Corporate
125 289
174 500
-
-
income

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

18 793
26 175
-
-
total
18 793
26 175
-
-
Dividends
106 496
148 325
-
-
withholding
22 349
31 970
-
-
total
22 349
31 970
-
-
Income
174 500
174 500
174 500
174 500
Total tax
62 601
58 145
80 770
76 536
After tax
111 899
116 355
93 730
97 964
Living cost
27 751
27 751
27 751
27 751
Free-cash
84 148
88 604
65 979
70 213

Estimated living cost  is ₽27751 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽106132
₽105678
₽109051
₽108853
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
income
-
-
-
59 226
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
62 693
Employee
4 198
-
172 238
-
health
210
-
503
-
income
812
-
59 120
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
60 629
-
Employer
4 198
-
172 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
169 358
174 500
-
-
income
37 259
38 390
-
-
total
37 259
38 390
-
-
Dividends
132 099
136 110
-
-
withholding
26 420
27 222
-
-
total
26 420
27 222
-
-
Income
174 500
174 500
174 500
174 500
Total tax
66 066
65 612
62 891
62 693
After tax
108 434
108 888
111 609
111 807
Living cost
2 756
2 756
2 756
2 756
Free-cash
105 678
106 132
108 853
109 051

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽108623
₽103659
₽89445
₽89446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
174 500
income
-
-
-
39 409
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
67 602
Employee

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

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

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

26 319
-
161 149
-
health
1 355
-
3 841
-
income
3 628
-
39 409
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
54 251
-
Employer

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

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

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

26 319
-
161 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
143 470
174 500
-
-
income
21 521
26 175
-
-
total
21 521
26 175
-
-
Dividends
121 950
148 325
-
-
withholding
18 292
22 249
-
-
total
18 292
22 249
-
-
Income
174 500
174 500
174 500
174 500
Total tax
53 388
48 424
67 601
67 602
After tax
121 112
126 076
106 899
106 898
Living cost
17 453
17 453
17 453
17 453
Free-cash
103 659
108 623
89 446
89 445

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽72050
₽71685
₽66428
₽53228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
174 500
income
-
-
-
20 227
surtax
-
-
-
-
social contributions

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

-
-
-
60 639
total
-
-
-
80 866
Employee
39 168
-
141 011
-
social contributions
4 309
-
15 510
-
surtax
-
-
-
-
income
7 653
-
45 067
-
total
11 962
-
60 577
-
Employer
39 168
-
141 011
-
social contributions
9 302
-
33 489
-
total
9 302
-
33 489
-
Corporate
126 030
174 500
-
-
surtax
-
-
-
-
income
26 467
36 645
-
-
total
26 467
36 645
-
-
Dividends
99 564
137 855
-
-
withholding
27 878
38 599
-
-
total
27 878
38 599
-
-
Income
174 500
174 500
174 500
174 500
Total tax
75 609
75 244
94 066
80 866
After tax
98 891
99 256
80 434
93 634
Living cost
27 206
27 206
27 206
27 206
Free-cash
71 685
72 050
53 228
66 428

Estimated living cost  is ₽27206 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽80888
₽74242
₽62497
₽58263
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
accident
-
-
-
843
income
-
-
-
48 474
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
76 536
Employee
48 738
-
144 680
-
other
48
-
94
-
income
10 180
-
45 009
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
50 950
-
Employer
48 738
-
144 680
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 075
-
total
15 539
-
29 820
-
Corporate
110 223
174 500
-
-
income

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

16 533
26 175
-
-
total
16 533
26 175
-
-
Dividends
93 690
148 325
-
-
withholding
19 446
31 970
-
-
total
19 446
31 970
-
-
Income
174 500
174 500
174 500
174 500
Total tax
64 791
58 145
80 770
76 536
After tax
109 709
116 355
93 730
97 964
Living cost
35 467
35 467
35 467
35 467
Free-cash
74 242
80 888
58 263
62 497

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽131826
₽125674
₽121537
₽128343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
income
-
-
-
26 175
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
35 592
Employee
23 001
-
167 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
16 758
-
pensions

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

2 019
-
3 097
-
total
5 630
-
21 865
-
Employer
23 001
-
167 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
146 986
174 500
-
-
income
14 698
17 450
-
-
total
14 698
17 450
-
-
Dividends
132 288
157 050
-
-
withholding
6 614
7 853
-
-
total
6 614
7 853
-
-
Income
174 500
174 500
174 500
174 500
Total tax
31 455
25 303
28 786
35 592
After tax
143 045
149 197
145 714
138 908
Living cost
17 370
17 370
17 370
17 370
Free-cash
125 674
131 826
128 343
121 537

Estimated living cost  is ₽17370 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽50848
₽64053
₽53812
₽72120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
174 500
trade
-
-
-
18 308
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.

-
-
-
53 578
health

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

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

-
-
-
6 894
surtax

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

-
-
-
2 947
total
-
-
-
81 727
Employee

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

50 212
-
174 500
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
2 947
-
income

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

4 129
-
53 578
-
total
11 251
-
63 419
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
124 288
174 500
-
-
surtax

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

1 025
1 440
-
-
income
18 643
26 175
-
-
trade
17 835
25 042
-
-
chamber of commerce
335
410
-
-
total
37 838
53 067
-
-
Dividends
86 449
121 433
-
-
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.

1 168
1 649
-
-
withholding
21 229
29 975
-
-
total
22 397
31 624
-
-
Income
174 500
174 500
174 500
174 500
Total tax
71 486
84 691
63 419
81 727
After tax
103 014
89 809
111 081
92 773
Living cost
38 961
38 961
38 961
38 961
Free-cash
64 053
50 848
72 120
53 812

Estimated living cost  is ₽38961 per week

₽26876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽64662
₽66892
₽34857
₽34857
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
income
-
-
-
53 119
social contributions
-
-
-
29 037
total
-
-
-
82 156
Employee
78 939
-
174 500
-
income
14 896
-
53 119
-
social contributions
6 558
-
29 037
-
total
21 454
-
82 156
-
Employer
78 939
-
174 500
-
total
-
-
-
-
Corporate
95 561
174 500
-
-
income
11 944
21 813
-
-
total
11 944
21 813
-
-
Dividends
83 616
152 687
-
-
withholding
16 723
30 538
-
-
total
16 723
30 538
-
-
Income
174 500
174 500
174 500
174 500
Total tax
50 121
52 351
82 156
82 156
After tax
124 379
122 149
92 344
92 344
Living cost
57 487
57 487
57 487
57 487
Free-cash
66 892
64 662
34 857
34 857

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽71459
₽74988
₽102400
₽87638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
174 500
income
-
-
-
28 726
health

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

-
-
-
6 741
total
-
-
-
35 467
Employee
46 295
-
169 858
-
income
5 023
-
40 945
-
social contributions
4 638
-
4 642
-
total
9 661
-
45 587
-
Employer
46 295
-
169 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
123 567
174 500
-
-
income
43 248
61 076
-
-
total
43 248
61 076
-
-
Dividends
80 319
113 424
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
174 500
174 500
174 500
174 500
Total tax
62 879
66 408
50 229
35 467
After tax
111 621
108 092
124 271
139 033
Living cost
36 633
36 633
36 633
36 633
Free-cash
74 988
71 459
87 638
102 400

Estimated living cost  is ₽36633 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77029
₽83025
₽78392
₽62576
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
income
-
-
-
49 460
pensions
-
-
-
9 033
total
-
-
-
58 493
Employee
51 632
-
152 472
-
health
674
-
2 226
-
income
9 403
-
38 915
-
pensions
3 941
-
11 140
-
total
14 018
-
52 281
-
Employer
51 632
-
152 472
-
pensions
5 217
-
19 131
-
health
981
-
2 897
-
total
6 198
-
22 028
-
Corporate
116 670
174 500
-
-
income

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

22 166
33 155
-
-
total
22 166
33 155
-
-
Dividends
94 504
141 345
-
-
withholding
11 478
26 701
-
-
total
11 478
26 701
-
-
Income
174 500
174 500
174 500
174 500
Total tax
53 860
59 856
74 309
58 493
After tax
120 640
114 644
100 191
116 007
Living cost
37 615
37 615
37 615
37 615
Free-cash
83 025
77 029
62 576
78 392

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽9761
₽10467
₽95400
₽70811
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
accident
-
-
-
253
income
-
-
-
48 217
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
55 204
Employee
37 589
-
156 980
-
health
4 304
-
17 974
-
income
5 157
-
36 646
-
pensions
4 233
-
7 653
-
total
13 694
-
62 273
-
Employer
37 589
-
156 980
-
accident
628
-
2 622
-
unemployment
921
-
3 846
-
pensions
6 112
-
11 052
-
total
7 661
-
17 520
-
Corporate
129 251
174 500
-
-
income

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

116 326
157 050
-
-
total
116 326
157 050
-
-
Dividends
12 925
17 450
-
-
withholding
2 456
3 315
-
-
total
2 456
3 315
-
-
Income
174 500
174 500
174 500
174 500
Total tax
140 137
160 365
79 793
55 204
After tax
34 363
14 135
94 707
119 296
Living cost
23 896
23 896
23 896
23 896
Free-cash
10 467
-9 761
70 811
95 400

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽133211
₽128489
₽87766
₽109958
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
174 500
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
28 721
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
73 103
Employee

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

21 810
-
174 500
-
work injury
109
-
403
-
income
2 181
-
28 721
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
50 911
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
152 690
174 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

1 527
1 745
-
-
total
1 527
1 745
-
-
Dividends
151 163
172 755
-
-
withholding
22 674
25 913
-
-
total
22 674
25 913
-
-
Income
174 500
174 500
174 500
174 500
Total tax
32 380
27 658
50 911
73 103
After tax
142 120
146 842
123 589
101 397
Living cost
13 631
13 631
13 631
13 631
Free-cash
128 489
133 211
109 958
87 766

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽51713
₽47121
₽41319
₽33660
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
174 500
municipal
-
-
-
1 166
regional
-
-
-
3 994
national
-
-
-
42 936
social contributions
-
-
-
44 882
total
-
-
-
92 978
Employee
85 039
-
174 500
-
social contributions
28 675
-
58 841
-
regional
1 284
-
3 542
-
municipal
507
-
1 042
-
national
14 371
-
37 212
-
total
44 837
-
100 637
-
Employer
85 039
-
174 500
-
total
-
-
-
-
Corporate
89 461
174 500
-
-
nationa
21 470
41 879
-
-
municipal
4 313
8 411
-
-
total
25 783
50 290
-
-
Dividends
63 678
124 210
-
-
withholding
16 556
32 294
-
-
total
16 556
32 294
-
-
Income
174 500
174 500
174 500
174 500
Total tax
87 176
82 584
100 637
92 978
After tax
87 324
91 916
73 863
81 522
Living cost
40 203
40 203
40 203
40 203
Free-cash
47 121
51 713
33 660
41 319

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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