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
₽ 175500
per

Your estimated
City
free-cash

Dresden , Germany
₽82171
₽59952
₽61432
₽70378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
175 500
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.

-
-
-
6 439
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.

-
-
-
55 300
surtax

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

-
-
-
3 041
trade
-
-
-
20 739
total
-
-
-
85 519
Employee

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

36 050
-
175 500
-
surtax

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

55
-
3 041
-
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.

1 007
-
55 300
-
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.

6 439
-
6 439
-
total
7 501
-
64 780
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
139 450
175 500
-
-
chamber of commerce
343
395
-
-
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.

1 150
1 447
-
-
trade
21 963
27 642
-
-
income
20 918
26 325
-
-
total
44 374
55 809
-
-
Dividends
95 075
119 691
-
-
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.

1 288
1 626
-
-
withholding
23 410
29 564
-
-
total
24 698
31 190
-
-
Income
175 500
175 500
175 500
175 500
Total tax
76 573
86 999
64 780
85 519
After tax
98 927
88 501
110 720
89 981
Living cost
28 549
28 549
28 549
28 549
Free-cash
70 378
59 952
82 171
61 432

Estimated living cost  is ₽28549 per week

₽17958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54611
₽60000
₽53668
₽59178
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
social contributions
-
-
-
1 887
pensions
-
-
-
21 060
national
-
-
-
30 123
municipal
-
-
-
19 250
total
-
-
-
72 320
Employee
76 752
-
151 718
-
municipal
9 480
-
19 930
-
national
14 690
-
31 610
-
pensions
3 070
-
6 069
-
total
27 240
-
57 609
-
Employer
76 752
-
151 718
-
pensions
6 140
-
12 137
-
social contributions
825
-
1 631
-
total
6 965
-
13 768
-
Corporate
86 717
175 500
-
-
income

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

17 343
35 100
-
-
total
17 343
35 100
-
-
Dividends
69 374
140 400
-
-
withholding
15 262
30 888
-
-
total
15 262
30 888
-
-
Income
175 500
175 500
175 500
175 500
Total tax
66 810
65 988
71 377
72 320
After tax
108 690
109 512
104 123
103 180
Living cost
49 512
49 512
49 512
49 512
Free-cash
59 178
60 000
54 611
53 668

Estimated living cost  is ₽49512 per week

₽33652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54772
₽120791
₽41766
₽113060
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
175 500
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.

-
-
-
36 113
income
-
-
-
33 260
surtax
-
-
-
44 752
microenterprise
-
-
-
-
total
-
-
-
114 125
Employee
27 541
-
133 730
-
surtax
-
-
19 391
-
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.

3 030
-
12 356
-
income
4 903
-
27 602
-
total
7 933
-
59 349
-
Employer
27 541
-
133 730
-
surtax
-
-
14 710
-
social contributions

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

6 634
-
27 060
-
total
6 634
-
41 770
-
Corporate
141 324
175 500
-
-
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%.

28 264
35 100
-
-
total
28 264
35 100
-
-
Dividends

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

113 060
140 400
-
-
total
-
-
-
-
Income
175 500
175 500
175 500
175 500
Total tax
42 831
35 100
101 119
114 125
After tax
132 669
140 400
74 381
61 375
Living cost
19 609
19 609
19 609
19 609
Free-cash
113 060
120 791
54 772
41 766

Estimated living cost  is ₽19609 per week

₽12510
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.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4786
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71192
₽47544
₽56747
₽41770
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
health
-
-
-
11 623
income
-
-
-
56 603
pensions
-
-
-
11 043
total
-
-
-
79 269
Employee
80 489
80 489
157 984
-
income

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

13 175
13 175
24 642
-
pensions
14 488
11 043
11 043
-
health
12 354
10 508
11 623
-
total
40 017
34 726
47 308
-
Employer
80 489
80 489
157 984
-
unemployment
2 898
2 898
3 601
-
health
5 595
5 595
6 952
-
pensions
5 602
5 602
6 963
-
total
14 095
14 095
17 516
-
Corporate
81 904
80 916
-
-
income
16 380
16 184
-
-
total
16 380
16 184
-
-
Dividends
65 523
64 733
-
-
income
13 925
13 756
-
-
withholding
9 829
9 711
-
-
total
23 754
23 467
-
-
Income
175 500
175 500
175 500
175 500
Total tax
94 246
88 472
64 824
79 269
After tax
81 254
87 028
110 676
96 231
Living cost
39 484
39 484
39 484
39 484
Free-cash
41 770
47 544
71 192
56 747

Estimated living cost  is ₽39484 per week

₽27982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3559
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50038
₽56917
₽50982
₽56044
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
other
-
-
-
9 908
health
-
-
-
5 321
accident
-
-
-
170
pensions
-
-
-
9 217
national
-
-
-
15 943
unemployment
-
-
-
85
municipal
-
-
-
44 968
total
-
-
-
85 612
Employee
55 437
-
148 709
-
municipal
16 531
-
44 345
-
national
-
-
15 421
-
total
16 531
-
59 766
-
Employer
55 437
-
148 709
-
other
6 442
-
9 908
-
unemployment
1 463
-
2 251
-
health
3 409
-
5 244
-
accident
111
-
170
-
pensions
5 993
-
9 217
-
total
17 418
-
26 790
-
Corporate
102 645
175 500
-
-
income
22 582
38 610
-
-
total
22 582
38 610
-
-
Dividends
80 063
136 890
-
-
withholding
24 019
41 067
-
-
total
24 019
41 067
-
-
Income
175 500
175 500
175 500
175 500
Total tax
80 550
79 677
86 556
85 612
After tax
94 950
95 823
88 944
89 888
Living cost
38 906
38 906
38 906
38 906
Free-cash
56 044
56 917
50 038
50 982

Estimated living cost  is ₽38906 per week

₽25785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3818
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73693
₽50567
₽52033
₽63814
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
175 500
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.

-
-
-
6 439
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.

-
-
-
55 300
surtax

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

-
-
-
3 041
trade
-
-
-
21 660
total
-
-
-
86 440
Employee

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

47 798
-
175 500
-
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.

225
-
3 041
-
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.

4 107
-
55 300
-
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.

6 439
-
6 439
-
total
10 771
-
64 780
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
127 702
175 500
-
-
chamber of commerce
326
394
-
-
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.

1 054
1 447
-
-
trade
21 008
28 871
-
-
income
19 155
26 325
-
-
total
41 543
57 037
-
-
Dividends
86 161
118 464
-
-
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.

1 164
1 610
-
-
withholding
21 181
29 259
-
-
total
22 345
30 869
-
-
Income
175 500
175 500
175 500
175 500
Total tax
74 659
87 906
64 780
86 440
After tax
100 841
87 594
110 720
89 060
Living cost
37 027
37 027
37 027
37 027
Free-cash
63 814
50 567
73 693
52 033

Estimated living cost  is ₽37027 per week

₽24764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
₽87390
₽97428
₽88909
₽93517
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
social contributions
-
-
-
15 250
health
-
-
-
4 475
income
-
-
-
36 295
total
-
-
-
56 020
Employee
72 477
72 477
164 346
-
social contributions
3 522
6 015
8 113
-
income
7 611
6 709
35 478
-
health
721
1 232
2 794
-
total
11 854
13 956
46 385
-
Employer
72 477
72 477
164 346
-
health
785
1 341
3 041
-
social contributions
3 522
6 015
8 113
-
total
4 307
7 356
11 154
-
Corporate
128 768
95 667
-
-
income
16 096
11 959
-
-
total
16 096
11 959
-
-
Dividends
112 672
83 708
-
-
withholding
19 155
14 230
-
-
total
19 155
14 230
-
-
Income
175 500
175 500
175 500
175 500
Total tax
51 412
47 501
57 539
56 020
After tax
124 088
127 999
117 961
119 480
Living cost
30 571
30 571
30 571
30 571
Free-cash
93 517
97 428
87 390
88 909

Estimated living cost  is ₽30571 per week

₽20899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2388
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.
₽6772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84148
₽80985
₽103987
₽81352
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
health
-
-
-
12 285
income
-
-
-
21 455
pensions
-
-
-
17 550
unemployment
-
-
-
2 632
total
-
-
-
53 922
Employee

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

The minimum wage is 138,000 HUF per month.

25 393
10 106
146 862
-
income
3 104
1 235
17 954
-
pensions
2 539
1 011
14 686
-
health
1 778
707
10 280
-
unemployment
381
152
2 203
-
total
7 802
3 105
45 123
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 393
10 106
146 862
-
pensions
4 952
1 971
28 638
-
total
4 952
1 971
28 638
-
Corporate
145 155
163 423
-
-
income
13 064
14 708
-
-
total
13 064
14 708
-
-
Dividends
132 091
148 715
-
-
social contributions
25 642
28 884
-
-
withholding
25 097
28 256
-
-
total
50 739
57 140
-
-
Income
175 500
175 500
175 500
175 500
Total tax
76 557
76 924
73 761
53 922
After tax
98 943
98 576
101 739
121 578
Living cost
17 591
17 591
17 591
17 591
Free-cash
81 352
80 985
84 148
103 987

Estimated living cost  is ₽17591 per week

₽12004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
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.
₽3796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78389
₽117634
₽71303
₽111780
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
health
-
-
-
22 814
income
-
-
-
23 517
pensions
-
-
-
35 100
total
-
-
-
81 431
Employee
26 738
-
131 167
-
income
3 010
-
25 290
-
pensions
535
-
2 624
-
unemployment
427
-
2 098
-
total
3 972
-
30 012
-
Employer
26 738
-
131 167
-
unemployment
215
-
1 050
-
health
3 475
-
17 051
-
pensions
5 348
-
26 232
-
total
9 038
-
44 333
-
Corporate
139 724
175 500
-
-
income
27 944
35 100
-
-
total
27 944
35 100
-
-
Dividends
111 780
140 400
-
-
total
-
-
-
-
Income
175 500
175 500
175 500
175 500
Total tax
40 954
35 100
74 345
81 431
After tax
134 546
140 400
101 155
94 069
Living cost
22 766
22 766
22 766
22 766
Free-cash
111 780
117 634
78 389
71 303

Estimated living cost  is ₽22766 per week

₽15615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1356
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74792
-₽6624
₽99103
₽11020
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
other
-
-
-
351
health
-
-
-
2 066
accident
-
-
-
239
income
-
-
-
48 961
pensions
-
-
-
3 941
total
-
-
-
55 558
Employee
32 780
-
158 533
-
income
4 497
-
37 522
-
pensions
3 691
-
7 227
-
health
3 753
-
18 152
-
total
11 941
-
62 901
-
Employer
32 780
-
158 533
-
unemployment
803
-
3 884
-
accident
547
-
2 648
-
pensions
5 330
-
10 436
-
total
6 680
-
16 968
-
Corporate
136 039
175 500
-
-
income

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

122 435
157 950
-
-
total
122 435
157 950
-
-
Dividends
13 604
17 550
-
-
withholding
2 585
3 335
-
-
total
2 585
3 335
-
-
Income
175 500
175 500
175 500
175 500
Total tax
143 641
161 285
79 869
55 558
After tax
31 859
14 215
95 631
119 942
Living cost
20 839
20 839
20 839
20 839
Free-cash
11 020
-6 624
74 792
99 103

Estimated living cost  is ₽20839 per week

₽15273
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.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132590
₽158915
₽165935
₽157451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
175 500
microenterprise

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

-
-
-
1 755
total
-
-
-
1 755
Employee
9 763
-
175 500
-
income
1 952
-
35 100
-
total
1 952
-
35 100
-
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%.

165 737
175 500
-
-
total
-
-
-
-
Dividends
165 737
175 500
-
-
withholding
8 287
8 775
-
-
total
8 287
8 775
-
-
Income
175 500
175 500
175 500
175 500
Total tax
10 239
8 775
35 100
1 755
After tax
165 261
166 725
140 400
173 745
Living cost
7 810
7 810
7 810
7 810
Free-cash
157 451
158 915
132 590
165 935

Estimated living cost  is ₽7810 per week

₽4840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽649
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2106
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74121
₽103825
₽74863
₽97461
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
other
-
-
-
6 808
health
-
-
-
6 307
income
-
-
-
28 008
pensions

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

-
-
-
34 399
total
-
-
-
75 522
Employee
34 223
-
140 174
-
income
5 892
-
27 762
-
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.

2 395
-
9 813
-
health
479
-
1 962
-
unemployment
342
-
1 402
-
total
9 108
-
40 939
-
Employer
34 223
-
140 174
-
other
1 712
-
7 010
-
unemployment
342
-
1 402
-
health
479
-
1 962
-
accident
274
-
1 121
-
pensions

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

5 818
-
23 830
-
total
8 625
-
35 325
-
Corporate
132 653
175 500
-
-
income
27 856
36 855
-
-
total
27 856
36 855
-
-
Dividends
104 796
138 645
-
-
withholding
7 335
9 705
-
-
total
7 335
9 705
-
-
Income
175 500
175 500
175 500
175 500
Total tax
52 924
46 560
76 264
75 522
After tax
122 576
128 940
99 236
99 978
Living cost
25 115
25 115
25 115
25 115
Free-cash
97 461
103 825
74 121
74 863

Estimated living cost  is ₽25115 per week

₽17745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37336
₽51296
₽53162
₽56308
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
51 348
pensions
-
-
-
8 615
total
-
-
-
59 963
Employee
88 252
-
153 206
-
income
15 908
-
40 801
-
health
1 454
-
2 178
-
pensions
8 514
-
10 515
-
total
25 876
-
53 494
-
Employer
88 252
-
153 206
-
health
1 676
-
2 911
-
pensions
10 420
-
19 384
-
total
12 096
-
22 295
-
Corporate
75 152
175 500
-
-
income

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

14 279
33 345
-
-
total
14 279
33 345
-
-
Dividends
60 873
142 155
-
-
withholding
4 566
28 484
-
-
total
4 566
28 484
-
-
Income
175 500
175 500
175 500
175 500
Total tax
56 817
61 829
75 789
59 963
After tax
118 683
113 671
99 711
115 537
Living cost
62 375
62 375
62 375
62 375
Free-cash
56 308
51 296
37 336
53 162

Estimated living cost  is ₽62375 per week

₽46739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7801
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽135294
₽137847
₽128289
₽133524
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
health
-
-
-
3 739
income
-
-
-
26 325
pensions

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

-
-
-
4 812
unemployment
-
-
-
130
total
-
-
-
35 006
Employee
16 161
-
169 120
-
income
1 616
-
16 912
-
accident

We are using the highest rate at 1.1%.

178
-
358
-
pensions

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

1 419
-
2 855
-
health
743
-
1 496
-
total
3 956
-
21 621
-
Employer
16 161
-
169 120
-
unemployment
97
-
195
-
health
1 115
-
2 244
-
accident

We are using the highest rate at 1.1%.

178
-
358
-
pensions

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

1 781
-
3 583
-
total
3 171
-
6 380
-
Corporate
156 167
175 500
-
-
income
15 617
17 550
-
-
total
15 617
17 550
-
-
Dividends
140 550
157 950
-
-
withholding
7 027
7 898
-
-
total
7 027
7 898
-
-
Income
175 500
175 500
175 500
175 500
Total tax
29 771
25 448
28 001
35 006
After tax
145 729
150 052
147 499
140 494
Living cost
12 205
12 205
12 205
12 205
Free-cash
133 524
137 847
135 294
128 289

Estimated living cost  is ₽12205 per week

₽7126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽323
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58411
₽34763
₽43966
₽37136
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
health
-
-
-
11 623
income
-
-
-
56 603
pensions
-
-
-
11 043
total
-
-
-
79 269
Employee
87 385
80 489
157 984
-
income

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

13 175
13 175
24 642
-
pensions
11 043
11 043
11 043
-
health
10 902
10 508
11 623
-
total
35 120
34 726
47 308
-
Employer
87 385
80 489
157 984
-
unemployment
3 146
2 898
3 601
-
health
6 072
5 595
6 952
-
pensions
6 081
5 602
6 963
-
total
15 299
14 095
17 516
-
Corporate
72 815
80 916
-
-
income
14 563
16 184
-
-
total
14 563
16 184
-
-
Dividends
58 252
64 733
-
-
income
12 379
13 756
-
-
withholding
8 738
9 711
-
-
total
21 117
23 467
-
-
Income
175 500
175 500
175 500
175 500
Total tax
86 099
88 472
64 824
79 269
After tax
89 401
87 028
110 676
96 231
Living cost
52 265
52 265
52 265
52 265
Free-cash
37 136
34 763
58 411
43 966

Estimated living cost  is ₽52265 per week

₽38554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69515
₽97598
₽77113
₽89309
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
social contributions
-
-
-
33 433
health
-
-
-
23 692
income
-
-
-
17 756
solidarity contribution
-
-
-
272
total
-
-
-
75 153
Employee
34 168
-
134 749
-
social contributions
2 221
-
7 442
-
solidarity contribution
-
-
-
-
income
4 100
-
16 367
-
health
4 613
-
18 191
-
total
10 934
-
42 000
-
Employer
34 168
-
134 749
-
health
3 075
-
12 127
-
social contributions
8 542
-
28 624
-
total
11 617
-
40 751
-
Corporate
129 715
175 500
-
-
income
24 646
33 345
-
-
total
24 646
33 345
-
-
Dividends
105 069
142 155
-
-
withholding
15 760
21 323
-
-
total
15 760
21 323
-
-
Income
175 500
175 500
175 500
175 500
Total tax
62 957
54 668
82 751
75 153
After tax
112 543
120 832
92 749
100 347
Living cost
23 234
23 234
23 234
23 234
Free-cash
89 309
97 598
69 515
77 113

Estimated living cost  is ₽23234 per week

₽16139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1653
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35621
₽53863
₽43551
₽48944
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
social contributions
-
-
-
45 138
national
-
-
-
43 915
regional
-
-
-
2 081
municipal
-
-
-
1 043
total
-
-
-
92 177
Employee
83 767
-
175 500
-
social contributions
28 246
-
59 179
-
municipal
444
-
930
-
national
14 515
-
38 159
-
regional
790
-
1 839
-
total
43 995
-
100 107
-
Employer
83 767
-
175 500
-
total
-
-
-
-
Corporate
91 733
175 500
-
-
nationa
22 016
42 121
-
-
municipal
3 577
6 845
-
-
total
25 593
48 966
-
-
Dividends
66 139
126 534
-
-
withholding
17 196
32 899
-
-
total
17 196
32 899
-
-
Income
175 500
175 500
175 500
175 500
Total tax
86 784
81 865
100 107
92 177
After tax
88 716
93 635
75 393
83 323
Living cost
39 772
39 772
39 772
39 772
Free-cash
48 944
53 863
35 621
43 551

Estimated living cost  is ₽39772 per week

₽27724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56362
₽89591
₽62124
₽86658
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
other
-
-
-
-
health
-
-
-
8 931
income
-
-
-
50 302
pensions
-
-
-
25 159
surtax
-
-
-
7 970
unemployment
-
-
-
215
total
-
-
-
92 577
Employee
31 169
-
149 021
-
surtax
102
-
6 842
-
income
5 225
-
44 664
-
other
-
-
-
-
pensions
2 078
-
8 391
-
health
796
-
3 207
-
unemployment
2 170
-
8 755
-
total
10 371
-
71 859
-
Employer
31 169
-
149 021
-
other
-
-
-
-
unemployment
987
-
3 987
-
health
1 418
-
5 724
-
pensions
4 155
-
16 769
-
total
6 560
-
26 480
-
Corporate
137 770
175 500
-
-
income
35 819
45 630
-
-
total
35 819
45 630
-
-
Dividends
101 951
129 870
-
-
withholding
15 293
19 480
-
-
total
15 293
19 480
-
-
Income
175 500
175 500
175 500
175 500
Total tax
68 043
65 110
98 339
92 577
After tax
107 457
110 390
77 161
82 923
Living cost
20 799
20 799
20 799
20 799
Free-cash
86 658
89 591
56 362
62 124

Estimated living cost  is ₽20799 per week

₽12717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5683
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57098
₽71058
₽72924
₽77217
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
51 348
pensions
-
-
-
8 615
total
-
-
-
59 963
Employee
59 144
-
153 206
-
income
10 652
-
40 801
-
health
859
-
2 178
-
pensions
5 020
-
10 515
-
total
16 531
-
53 494
-
Employer
59 144
-
153 206
-
health
1 124
-
2 911
-
pensions
6 402
-
19 384
-
total
7 526
-
22 295
-
Corporate
108 830
175 500
-
-
income

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

20 678
33 345
-
-
total
20 678
33 345
-
-
Dividends
88 153
142 155
-
-
withholding
10 935
28 484
-
-
total
10 935
28 484
-
-
Income
175 500
175 500
175 500
175 500
Total tax
55 670
61 829
75 789
59 963
After tax
119 830
113 671
99 711
115 537
Living cost
42 613
42 613
42 613
42 613
Free-cash
77 217
71 058
57 098
72 924

Estimated living cost  is ₽42613 per week

₽31925
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3194
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽58237
₽4610
₽66201
₽36976
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
other

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

-
-
-
3 511
health
-
-
-
394
pensions
-
-
-
16 146
city
-
-
-
1 850
national
-
-
-
3 020
regional
-
-
-
8 737
total
-
-
-
33 658
Employee
88 520
-
157 083
-
national
419
-
2 186
-
city
950
-
1 688
-
pensions
7 437
-
13 195
-
health
200
-
354
-
regional
2 899
-
7 509
-
unemployment
-
-
-
-
total
11 905
-
24 932
-
Employer
88 520
-
157 083
-
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.

1 770
-
3 141
-
unemployment
-
-
-
-
health
200
-
354
-
pensions
7 437
-
13 195
-
total
9 407
-
16 690
-
Corporate
76 600
175 500
-
-
regional
16 201
37 118
-
-
national
6 510
14 918
-
-
total
22 711
52 036
-
-
Dividends
53 889
123 463
-
-
withholding
18 860
43 213
-
-
total
18 860
43 213
-
-
Income
175 500
175 500
175 500
175 500
Total tax
62 883
95 249
41 622
33 658
After tax
112 617
80 251
133 878
141 842
Living cost
75 641
75 641
75 641
75 641
Free-cash
36 976
4 610
58 237
66 201

Estimated living cost  is ₽75641 per week

₽49189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽929
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67542
₽43517
₽44959
₽58803
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
175 500
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.

-
-
-
6 439
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.

-
-
-
55 300
surtax

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

-
-
-
3 041
trade
-
-
-
22 583
total
-
-
-
87 363
Employee

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

56 645
-
175 500
-
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.

367
-
3 041
-
income

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

6 661
-
55 300
-
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.

6 439
-
6 439
-
total
13 467
-
64 780
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
118 855
175 500
-
-
chamber of commerce
311
390
-
-
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.

980
1 447
-
-
trade
20 383
30 098
-
-
income
17 827
26 325
-
-
total
39 501
58 260
-
-
Dividends
79 353
117 240
-
-
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.

1 071
1 592
-
-
withholding
19 480
28 953
-
-
total
20 551
30 545
-
-
Income
175 500
175 500
175 500
175 500
Total tax
73 519
88 805
64 780
87 363
After tax
101 981
86 695
110 720
88 137
Living cost
43 178
43 178
43 178
43 178
Free-cash
58 803
43 517
67 542
44 959

Estimated living cost  is ₽43178 per week

₽31536
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63114
₽56207
₽66498
₽61773
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
other
-
-
-
5 441
social contributions
-
-
-
5 001
health
-
-
-
7 716
income
-
-
-
28 206
pensions
-
-
-
30 391
surtax
-
-
-
-
total
-
-
-
76 755
Employee
40 339
-
135 463
-
surtax
-
-
-
-
social contributions
1 150
-
3 860
-
income
2 381
-
26 672
-
pensions
4 561
-
9 569
-
total
8 092
-
40 101
-
Employer
40 339
-
135 463
-
other
1 392
-
5 349
-
unemployment
1 633
-
5 486
-
health
2 824
-
12 713
-
pensions
6 627
-
16 084
-
social contributions
122
-
406
-
total
12 598
-
40 038
-
Corporate
122 563
175 500
-
-
surtax
-
-
-
-
income
34 317
49 139
-
-
total
34 317
49 139
-
-
Dividends
88 246
126 361
-
-
social contributions
15 178
21 732
-
-
surtax
-
-
-
-
withholding
11 295
16 175
-
-
total
26 473
37 907
-
-
Income
175 500
175 500
175 500
175 500
Total tax
81 480
87 046
80 139
76 755
After tax
94 020
88 454
95 361
98 745
Living cost
32 247
32 247
32 247
32 247
Free-cash
61 773
56 207
63 114
66 498

Estimated living cost  is ₽32247 per week

₽20333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8745
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66309
₽59402
₽69693
₽64637
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
other
-
-
-
5 441
social contributions
-
-
-
5 001
health
-
-
-
7 716
income
-
-
-
28 206
pensions
-
-
-
30 391
surtax
-
-
-
-
total
-
-
-
76 755
Employee
36 008
-
135 463
-
surtax
-
-
-
-
social contributions
1 027
-
3 860
-
income
1 857
-
26 672
-
pensions
4 073
-
9 569
-
total
6 957
-
40 101
-
Employer
36 008
-
135 463
-
other
1 243
-
5 349
-
unemployment
1 458
-
5 486
-
health
2 520
-
12 713
-
pensions
5 917
-
16 084
-
social contributions
107
-
406
-
total
11 245
-
40 038
-
Corporate
128 246
175 500
-
-
surtax
-
-
-
-
income
35 909
49 139
-
-
total
35 909
49 139
-
-
Dividends
92 338
126 361
-
-
social contributions
15 881
21 732
-
-
surtax
-
-
-
-
withholding
11 819
16 175
-
-
total
27 700
37 907
-
-
Income
175 500
175 500
175 500
175 500
Total tax
81 811
87 046
80 139
76 755
After tax
93 689
88 454
95 361
98 745
Living cost
29 052
29 052
29 052
29 052
Free-cash
64 637
59 402
66 309
69 693

Estimated living cost  is ₽29052 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2951
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.
₽8702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88823
₽87086
₽92721
₽87575
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
social contributions
-
-
-
24 218
health
-
-
-
12 250
income
-
-
-
26 325
total
-
-
-
62 793
Employee
31 958
-
175 500
-
social contributions
4 411
-
24 218
-
income
5 330
-
30 223
-
health
2 230
-
12 250
-
total
11 971
-
66 691
-
Employer
31 958
-
175 500
-
total
-
-
-
-
Corporate
143 542
175 500
-
-
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%.

7 178
8 775
-
-
total
7 178
8 775
-
-
Dividends
136 365
166 725
-
-
social contributions
18 818
23 007
-
-
withholding
20 455
25 009
-
-
health
9 517
11 637
-
-
total
48 790
59 653
-
-
Income
175 500
175 500
175 500
175 500
Total tax
67 939
68 428
66 691
62 793
After tax
107 561
107 072
108 809
112 707
Living cost
19 986
19 986
19 986
19 986
Free-cash
87 575
87 086
88 823
92 721

Estimated living cost  is ₽19986 per week

₽13375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1232
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13182
₽63801
₽56890
₽62343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
health
-
-
-
8 423
income
-
-
-
49 937
chamber of commerce
-
-
-
701
pensions
-
-
-
20 371
surtax
-
-
-
186
unemployment
-
-
-
5 781
total
-
-
-
85 399
Employee
47 104
37 562
141 344
-
income
5 362
2 771
40 566
-
other
470
376
1 102
-
pensions
4 824
3 846
11 276
-
health
1 823
1 454
4 261
-
unemployment
1 413
1 127
3 304
-
total
13 892
9 574
60 509
-
Employer
47 104
37 562
141 344
-
other
2 238
1 783
6 448
-
unemployment
1 413
1 127
3 304
-
health
1 780
1 420
4 162
-
surtax
186
186
186
-
accident
612
488
1 431
-
pensions
5 911
4 715
13 819
-
payroll
1 413
1 127
4 241
-
chamber of commerce
188
150
565
-
total
13 741
10 996
34 156
-
Corporate
114 656
126 942
137 767
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

28 665
31 736
34 442
-
total
28 665
31 736
34 442
-
Dividends
85 991
95 206
-
-
withholding
23 648
26 182
-
-
total
23 648
26 182
-
-
Income
175 500
175 500
175 500
175 500
Total tax
79 946
78 488
129 107
85 399
After tax
95 554
97 012
46 393
90 101
Living cost
33 211
33 211
33 211
33 211
Free-cash
62 343
63 801
13 182
56 890

Estimated living cost  is ₽33211 per week

₽22151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26892
₽63767
₽41781
₽49630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
social contributions
-
-
-
23 499
communal

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

-
-
-
9 120
national
-
-
-
66 734
total
-
-
-
99 353
Employee

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

67 420
-
135 930
-
national
20 728
-
49 816
-
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.

5 056
-
10 195
-
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.

3 168
-
6 389
-
communal

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

3 516
-
7 090
-
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.

587
-
1 182
-
total
33 055
-
74 672
-
Employer

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

67 420
-
135 930
-
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.

984
-
1 985
-
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.

4 146
-
8 360
-
surtax
7 645
-
15 415
-
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.

876
-
1 767
-
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.

5 974
-
12 043
-
total
19 625
-
39 570
-
Corporate
88 455
175 500
-
-
surtax
354
701
-
-
income
17 691
35 100
-
-
total
18 045
35 801
-
-
Dividends
70 409
139 698
-
-
withholding

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

20 779
41 566
-
-
total
20 779
41 566
-
-
Income
175 500
175 500
175 500
175 500
Total tax
91 504
77 367
114 242
99 353
After tax
83 996
98 133
61 258
76 147
Living cost
34 366
34 366
34 366
34 366
Free-cash
49 630
63 767
26 892
41 781

Estimated living cost  is ₽34366 per week

₽22136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8687
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60389
₽82830
₽64344
₽76371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
other
-
-
-
88
accident
-
-
-
787
income
-
-
-
50 907
pensions
-
-
-
24 723
unemployment
-
-
-
612
total
-
-
-
77 117
Employee
46 917
-
147 649
-
income
9 899
-
47 672
-
other
47
-
88
-
pensions
2 205
-
4 107
-
unemployment
728
-
1 354
-
total
12 879
-
53 221
-
Employer
46 917
-
147 649
-
other
374
-
699
-
unemployment
2 581
-
4 804
-
accident
928
-
1 730
-
pensions
11 072
-
20 618
-
total
14 955
-
27 851
-
Corporate
113 628
175 500
-
-
income

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

17 044
26 325
-
-
total
17 044
26 325
-
-
Dividends
96 584
149 175
-
-
withholding
20 212
32 306
-
-
total
20 212
32 306
-
-
Income
175 500
175 500
175 500
175 500
Total tax
65 090
58 631
81 072
77 117
After tax
110 410
116 869
94 428
98 383
Living cost
34 039
34 039
34 039
34 039
Free-cash
76 371
82 830
60 389
64 344

Estimated living cost  is ₽34039 per week

₽25066
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2415
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.
₽6067
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41483
₽50775
₽34488
₽38408
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
health
-
-
-
12 331
accident
-
-
-
1 479
income
-
-
-
29 884
pensions
-
-
-
26 306
communal
-
-
-
11 091
surtax
-
-
-
8 700
total
-
-
-
89 791
Employee
71 378
-
156 766
-
surtax
4 375
-
9 607
-
income
6 894
-
34 937
-
pensions
5 709
-
12 542
-
health
3 177
-
6 976
-
total
20 155
-
64 062
-
Employer
71 378
-
156 766
-
health
2 177
-
4 781
-
accident
642
-
1 411
-
pensions
5 709
-
12 542
-
total
8 528
-
18 734
-
Corporate
95 594
175 500
-
-
surtax
1 003
1 842
-
-
income
14 340
26 325
-
-
communal
6 453
11 846
-
-
total
21 796
40 013
-
-
Dividends
73 798
135 486
-
-
income
24 322
13 168
-
-
withholding
11 070
20 323
-
-
total
35 392
33 491
-
-
Income
175 500
175 500
175 500
175 500
Total tax
85 871
73 504
82 796
89 791
After tax
89 629
101 996
92 704
85 709
Living cost
51 221
51 221
51 221
51 221
Free-cash
38 408
50 775
41 483
34 488

Estimated living cost  is ₽51221 per week

₽38424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3103
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9151
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55991
₽89220
₽61753
₽86220
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
other
-
-
-
-
health
-
-
-
8 931
income
-
-
-
50 302
pensions
-
-
-
25 159
surtax
-
-
-
7 970
unemployment
-
-
-
215
total
-
-
-
92 577
Employee
31 741
-
149 021
-
surtax
113
-
6 842
-
income
5 321
-
44 664
-
other
-
-
-
-
pensions
2 118
-
8 391
-
health
810
-
3 207
-
unemployment
2 209
-
8 755
-
total
10 571
-
71 859
-
Employer
31 741
-
149 021
-
other
-
-
-
-
unemployment
1 007
-
3 987
-
health
1 443
-
5 724
-
pensions
4 232
-
16 769
-
total
6 682
-
26 480
-
Corporate
137 076
175 500
-
-
income
35 641
45 630
-
-
total
35 641
45 630
-
-
Dividends
101 436
129 870
-
-
withholding
15 216
19 480
-
-
total
15 216
19 480
-
-
Income
175 500
175 500
175 500
175 500
Total tax
68 110
65 110
98 339
92 577
After tax
107 390
110 390
77 161
82 923
Living cost
21 170
21 170
21 170
21 170
Free-cash
86 220
89 220
55 991
61 753

Estimated living cost  is ₽21170 per week

₽12782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1841
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.
₽6058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49480
₽66856
₽57368
₽64764
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
social contributions
-
-
-
45 138
national
-
-
-
43 915
regional
-
-
-
2 646
municipal
-
-
-
1 043
total
-
-
-
92 742
Employee
52 284
-
175 500
-
social contributions
17 631
-
59 179
-
municipal
277
-
930
-
national
8 283
-
38 159
-
regional
704
-
2 362
-
total
26 895
-
100 630
-
Employer
52 284
-
175 500
-
total
-
-
-
-
Corporate
123 216
175 500
-
-
nationa
29 572
42 121
-
-
municipal
6 124
8 723
-
-
total
35 696
50 844
-
-
Dividends
87 520
124 656
-
-
withholding
22 755
32 410
-
-
total
22 755
32 410
-
-
Income
175 500
175 500
175 500
175 500
Total tax
85 346
83 254
100 630
92 742
After tax
90 154
92 246
74 870
82 758
Living cost
25 390
25 390
25 390
25 390
Free-cash
64 764
66 856
49 480
57 368

Estimated living cost  is ₽25390 per week

₽15790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2572
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6593
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64119
₽92202
₽71717
₽81989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
social contributions
-
-
-
33 433
health
-
-
-
23 692
income
-
-
-
17 756
solidarity contribution
-
-
-
272
total
-
-
-
75 153
Employee
42 104
-
134 749
-
social contributions
2 737
-
7 442
-
solidarity contribution
-
-
-
-
income
5 052
-
16 367
-
health
5 684
-
18 191
-
total
13 473
-
42 000
-
Employer
42 104
-
134 749
-
health
3 789
-
12 127
-
social contributions
10 526
-
28 624
-
total
14 315
-
40 751
-
Corporate
119 081
175 500
-
-
income
22 625
33 345
-
-
total
22 625
33 345
-
-
Dividends
96 456
142 155
-
-
withholding
14 468
21 323
-
-
total
14 468
21 323
-
-
Income
175 500
175 500
175 500
175 500
Total tax
64 881
54 668
82 751
75 153
After tax
110 619
120 832
92 749
100 347
Living cost
28 630
28 630
28 630
28 630
Free-cash
81 989
92 202
64 119
71 717

Estimated living cost  is ₽28630 per week

₽21291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16371
₽67044
₽60217
₽66577
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
health
-
-
-
8 423
income
-
-
-
49 937
chamber of commerce
-
-
-
701
pensions
-
-
-
20 371
surtax
-
-
-
-
unemployment
-
-
-
5 781
total
-
-
-
85 213
Employee
41 201
37 562
141 518
-
income
3 670
2 771
40 649
-
other
411
376
1 102
-
pensions
4 219
3 846
11 276
-
health
1 594
1 454
4 261
-
unemployment
1 236
1 127
3 304
-
total
11 130
9 574
60 592
-
Employer
41 201
37 562
141 518
-
other
1 957
1 783
6 455
-
unemployment
1 236
1 127
3 304
-
health
1 558
1 420
4 162
-
surtax
-
-
-
-
accident
535
488
1 431
-
pensions
5 171
4 715
13 819
-
payroll
1 236
1 127
4 246
-
chamber of commerce
165
150
565
-
total
11 858
10 810
33 982
-
Corporate
122 442
127 128
137 940
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

30 611
31 782
34 485
-
total
30 611
31 782
34 485
-
Dividends
91 831
95 345
-
-
withholding
25 254
26 220
-
-
total
25 254
26 220
-
-
Income
175 500
175 500
175 500
175 500
Total tax
78 853
78 386
129 059
85 213
After tax
96 647
97 114
46 441
90 287
Living cost
30 070
30 070
30 070
30 070
Free-cash
66 577
67 044
16 371
60 217

Estimated living cost  is ₽30070 per week

₽18038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128229
₽154554
₽161574
₽152272
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
175 500
microenterprise

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

-
-
-
1 755
total
-
-
-
1 755
Employee
15 214
-
175 500
-
income
3 043
-
35 100
-
total
3 043
-
35 100
-
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%.

160 286
175 500
-
-
total
-
-
-
-
Dividends
160 286
175 500
-
-
withholding
8 014
8 775
-
-
total
8 014
8 775
-
-
Income
175 500
175 500
175 500
175 500
Total tax
11 057
8 775
35 100
1 755
After tax
164 443
166 725
140 400
173 745
Living cost
12 171
12 171
12 171
12 171
Free-cash
152 272
154 554
128 229
161 574

Estimated living cost  is ₽12171 per week

₽8236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽511
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.
₽3015
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55303
₽95551
₽59954
₽87667
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
175 500
health
-
-
-
17 269
income
-
-
-
40 682
pensions
-
-
-
32 051
unemployment
-
-
-
263
total
-
-
-
90 265
Employee

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

41 679
-
151 856
-
income
7 188
-
37 709
-
pensions
6 461
-
23 539
-
health
2 692
-
9 811
-
unemployment
59
-
213
-
total
16 400
-
71 272
-
Employer

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

41 679
-
151 856
-
unemployment
25
-
91
-
health
2 776
-
10 113
-
pensions
3 688
-
13 440
-
total
6 489
-
23 644
-
Corporate
127 332
175 500
-
-
income
24 193
33 346
-
-
total
24 193
33 346
-
-
Dividends
103 138
142 154
-
-
withholding
15 470
21 322
-
-
total
15 470
21 322
-
-
Income
175 500
175 500
175 500
175 500
Total tax
62 552
54 668
94 916
90 265
After tax
112 948
120 832
80 584
85 235
Living cost
25 281
25 281
25 281
25 281
Free-cash
87 667
95 551
55 303
59 954

Estimated living cost  is ₽25281 per week

₽17350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
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.
₽5822
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽119938
₽64194
₽78705
₽17255
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
social contributions
-
-
-
20 007
income
-
-
-
34 208
total
-
-
-
54 215
Employee
61 054
-
-
-
social contributions
5 006
-
713
-
income
13 467
-
-
-
total
18 473
-
713
-
Employer
61 054
-
-
-
social contributions
86 086
-
12 269
-
total
86 086
-
12 269
-
Corporate
28 360
175 500
-
-
income
6 239
38 610
-
-
total
6 239
38 610
-
-
Dividends
22 121
136 890
-
-
income
4 867
30 116
-
-
total
4 867
30 116
-
-
Income
175 500
175 500
175 500
175 500
Total tax
115 665
68 726
12 982
54 215
After tax
59 835
106 774
162 518
121 285
Living cost
42 580
42 580
42 580
42 580
Free-cash
17 255
64 194
119 938
78 705

Estimated living cost  is ₽42580 per week

₽27628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50509
₽70260
₽63816
₽69310
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
175 500
social contributions

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

-
-
-
60 986
income
-
-
-
21 134
surtax
-
-
-
-
total
-
-
-
82 120
Employee
43 349
-
141 818
-
surtax
-
-
-
-
social contributions
4 769
-
15 601
-
income
9 017
-
46 144
-
total
13 786
-
61 745
-
Employer
43 349
-
141 818
-
social contributions
10 295
-
33 682
-
total
10 295
-
33 682
-
Corporate
121 855
175 500
-
-
surtax
-
-
-
-
income
25 590
36 855
-
-
total
25 590
36 855
-
-
Dividends
96 265
138 645
-
-
withholding
26 955
38 821
-
-
total
26 955
38 821
-
-
Income
175 500
175 500
175 500
175 500
Total tax
76 626
75 676
95 427
82 120
After tax
98 874
99 824
80 073
93 380
Living cost
29 564
29 564
29 564
29 564
Free-cash
69 310
70 260
50 509
63 816

Estimated living cost  is ₽29564 per week

₽22120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1744
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽49838
₽42931
₽53222
₽49408
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
other
-
-
-
5 441
social contributions
-
-
-
5 001
health
-
-
-
7 716
income
-
-
-
28 206
pensions
-
-
-
30 391
surtax
-
-
-
-
total
-
-
-
76 755
Employee
59 033
-
135 463
-
surtax
-
-
-
-
social contributions
1 681
-
3 860
-
income
5 151
-
26 672
-
pensions
6 677
-
9 569
-
total
13 509
-
40 101
-
Employer
59 033
-
135 463
-
other
2 037
-
5 349
-
unemployment
2 391
-
5 486
-
health
4 132
-
12 713
-
pensions
9 700
-
16 084
-
social contributions
177
-
406
-
total
18 437
-
40 038
-
Corporate
98 030
175 500
-
-
surtax
-
-
-
-
income
27 449
49 139
-
-
total
27 449
49 139
-
-
Dividends
70 581
126 361
-
-
social contributions
12 140
21 732
-
-
surtax
-
-
-
-
withholding
9 034
16 175
-
-
total
21 174
37 907
-
-
Income
175 500
175 500
175 500
175 500
Total tax
80 569
87 046
80 139
76 755
After tax
94 931
88 454
95 361
98 745
Living cost
45 523
45 523
45 523
45 523
Free-cash
49 408
42 931
49 838
53 222

Estimated living cost  is ₽45523 per week

₽30809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105254
₽129618
₽100593
₽126452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
7 965
social contributions
-
-
-
38 610
total
-
-
-
46 575
Employee
30 302
-
151 947
-
income
-
-
8 484
-
social contributions
1 969
-
9 877
-
total
1 969
-
18 361
-
Employer
30 302
-
151 947
-
social contributions
4 697
-
23 553
-
total
4 697
-
23 553
-
Corporate
140 501
175 500
-
-
income
14 050
17 550
-
-
total
14 050
17 550
-
-
Dividends
126 452
157 950
-
-
total
-
-
-
-
Income
175 500
175 500
175 500
175 500
Total tax
20 716
17 550
41 914
46 575
After tax
154 784
157 950
133 586
128 925
Living cost
28 332
28 332
28 332
28 332
Free-cash
126 452
129 618
105 254
100 593

Estimated living cost  is ₽28332 per week

₽18319
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29577
-₽29577
₽57614
-₽29577
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
labour market
-
-
-
13 975
pensions
-
-
-
816
national
-
-
-
20 918
municipal
-
-
-
36 846
total
-
-
-
72 555
Employee
191 330
191 330
191 330
-
labour market
15 285
15 285
15 285
-
municipal
40 743
40 743
40 743
-
national
23 374
23 374
23 374
-
pensions
272
272
272
-
total
79 674
79 674
79 674
-
Employer
191 330
191 330
191 330
-
national
23 415
23 415
23 415
-
labour market
15 306
15 306
15 306
-
pensions
544
544
544
-
municipal
40 807
40 807
40 807
-
total
80 072
80 072
80 072
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
175 500
175 500
175 500
175 500
Total tax
159 746
159 746
159 746
72 555
After tax
15 754
15 754
15 754
102 945
Living cost
45 331
45 331
45 331
45 331
Free-cash
-29 577
-29 577
-29 577
57 614

Estimated living cost  is ₽45331 per week

₽31025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4010
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽697
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75100
-₽6316
₽99411
₽11068
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
other
-
-
-
351
health
-
-
-
2 066
accident
-
-
-
239
income
-
-
-
48 961
pensions
-
-
-
3 941
total
-
-
-
55 558
Employee
32 297
-
158 533
-
income
4 431
-
37 522
-
pensions
3 637
-
7 227
-
health
3 698
-
18 152
-
total
11 766
-
62 901
-
Employer
32 297
-
158 533
-
unemployment
791
-
3 884
-
accident
539
-
2 648
-
pensions
5 251
-
10 436
-
total
6 581
-
16 968
-
Corporate
136 621
175 500
-
-
income

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

122 958
157 950
-
-
total
122 958
157 950
-
-
Dividends
13 662
17 550
-
-
withholding
2 596
3 335
-
-
total
2 596
3 335
-
-
Income
175 500
175 500
175 500
175 500
Total tax
143 901
161 285
79 869
55 558
After tax
31 599
14 215
95 631
119 942
Living cost
20 531
20 531
20 531
20 531
Free-cash
11 068
-6 316
75 100
99 411

Estimated living cost  is ₽20531 per week

₽14945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55274
₽73197
₽75632
₽75794
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
175 500
health
-
-
-
2 309
national
-
-
-
30 198
municipal
-
-
-
31 174
total
-
-
-
63 681
Employee
49 589
-
147 638
-
municipal
8 122
-
24 045
-
national
819
-
18 072
-
pensions
3 347
-
9 966
-
health
370
-
1 880
-
unemployment
744
-
2 214
-
total
13 402
-
56 177
-
Employer
49 589
-
147 638
-
unemployment
322
-
961
-
health
381
-
1 138
-
accident
50
-
148
-
pensions
8 603
-
25 615
-
total
9 356
-
27 862
-
Corporate
116 555
175 500
-
-
income
23 311
35 100
-
-
total
23 311
35 100
-
-
Dividends

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

69 932
105 300
-
-
national
4 862
12 062
-
-
municipal
12 588
18 954
-
-
total
17 450
31 016
-
-
Income
175 500
175 500
175 500
175 500
Total tax
63 519
66 116
84 039
63 681
After tax
111 981
109 384
91 461
111 819
Living cost
36 187
36 187
36 187
36 187
Free-cash
75 794
73 197
55 274
75 632

Estimated living cost  is ₽36187 per week

₽23637
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3481
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.
₽8494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96139
₽106177
₽97658
₽101048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
social contributions
-
-
-
15 250
health
-
-
-
4 475
income
-
-
-
36 295
total
-
-
-
56 020
Employee
72 477
72 477
164 346
-
social contributions
2 740
6 015
8 113
-
income
7 891
6 709
35 478
-
health
562
1 232
2 794
-
total
11 193
13 956
46 385
-
Employer
72 477
72 477
164 346
-
health
610
1 341
3 041
-
social contributions
2 740
6 015
8 113
-
total
3 350
7 356
11 154
-
Corporate
139 134
95 667
-
-
income
17 391
11 959
-
-
total
17 391
11 959
-
-
Dividends
121 743
83 708
-
-
withholding
20 696
14 230
-
-
total
20 696
14 230
-
-
Income
175 500
175 500
175 500
175 500
Total tax
52 630
47 501
57 539
56 020
After tax
122 870
127 999
117 961
119 480
Living cost
21 822
21 822
21 822
21 822
Free-cash
101 048
106 177
96 139
97 658

Estimated living cost  is ₽21822 per week

₽13079
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2141
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.
₽6121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114262
₽130365
₽133166
₽125573
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
175 500
health
-
-
-
3 411
income
-
-
-
17 935
pensions
-
-
-
5 996
unemployment
-
-
-
27
total
-
-
-
27 369
Employee

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

21 634
-
166 288
-
income
1 479
-
15 597
-
pensions
3 245
-
13 415
-
health
1 839
-
7 602
-
unemployment
107
-
447
-
total
6 670
-
37 061
-
Employer

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

21 634
-
166 288
-
unemployment
107
-
447
-
health
930
-
3 846
-
pensions
1 189
-
4 919
-
total
2 226
-
9 212
-
Corporate
151 639
175 500
-
-
income
13 647
15 796
-
-
total
13 647
15 796
-
-
Dividends
137 991
159 704
-
-
withholding
12 419
14 374
-
-
total
12 419
14 374
-
-
Income
175 500
175 500
175 500
175 500
Total tax
34 962
30 170
46 273
27 369
After tax
140 538
145 330
129 227
148 131
Living cost
14 965
14 965
14 965
14 965
Free-cash
125 573
130 365
114 262
133 166

Estimated living cost  is ₽14965 per week

₽9548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1079
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68509
₽90950
₽72464
₽86788
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
other
-
-
-
88
accident
-
-
-
787
income
-
-
-
50 907
pensions
-
-
-
24 723
unemployment
-
-
-
612
total
-
-
-
77 117
Employee
34 851
-
147 649
-
income
6 719
-
47 672
-
other
34
-
88
-
pensions
1 638
-
4 107
-
unemployment
540
-
1 354
-
total
8 931
-
53 221
-
Employer
34 851
-
147 649
-
other
279
-
699
-
unemployment
1 917
-
4 804
-
accident
690
-
1 730
-
pensions
8 224
-
20 618
-
total
11 110
-
27 851
-
Corporate
129 538
175 500
-
-
income

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

19 430
26 325
-
-
total
19 430
26 325
-
-
Dividends
110 108
149 175
-
-
withholding
23 322
32 306
-
-
total
23 322
32 306
-
-
Income
175 500
175 500
175 500
175 500
Total tax
62 793
58 631
81 072
77 117
After tax
112 707
116 869
94 428
98 383
Living cost
25 919
25 919
25 919
25 919
Free-cash
86 788
90 950
68 509
72 464

Estimated living cost  is ₽25919 per week

₽17495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111194
₽107774
₽111316
₽107490
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
health
-
-
-
919
income
-
-
-
60 259
pensions
-
-
-
1 268
total
-
-
-
62 446
Employee
2 647
-
174 074
-
income
512
-
60 192
-
pensions
238
-
570
-
health
132
-
317
-
unemployment
26
-
63
-
total
908
-
61 142
-
Employer
2 647
-
174 074
-
unemployment
53
-
127
-
health
251
-
602
-
pensions
291
-
697
-
total
595
-
1 426
-
Corporate
172 257
175 500
-
-
income
37 897
38 610
-
-
total
37 897
38 610
-
-
Dividends
134 361
136 890
-
-
withholding
26 872
27 378
-
-
total
26 872
27 378
-
-
Income
175 500
175 500
175 500
175 500
Total tax
66 272
65 988
62 568
62 446
After tax
109 228
109 512
112 932
113 054
Living cost
1 738
1 738
1 738
1 738
Free-cash
107 490
107 774
111 194
111 316

Estimated living cost  is ₽1738 per week

₽1033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92979
₽110519
₽92979
₽105887
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
175 500
health
-
-
-
7 166
income
-
-
-
39 943
pensions
-
-
-
18 088
unemployment
-
-
-
1 044
total
-
-
-
66 241
Employee

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

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

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

24 549
-
163 047
-
income
3 384
-
39 943
-
pensions
3 437
-
9 740
-
health
1 264
-
3 583
-
unemployment
184
-
522
-
total
8 269
-
53 788
-
Employer

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

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

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

24 549
-
163 047
-
unemployment
184
-
522
-
health
1 264
-
3 583
-
pensions
2 946
-
8 348
-
total
4 394
-
12 453
-
Corporate
146 557
175 500
-
-
income
21 984
26 325
-
-
total
21 984
26 325
-
-
Dividends
124 574
149 175
-
-
withholding
18 686
22 376
-
-
total
18 686
22 376
-
-
Income
175 500
175 500
175 500
175 500
Total tax
53 333
48 701
66 241
66 241
After tax
122 167
126 799
109 259
109 259
Living cost
16 280
16 280
16 280
16 280
Free-cash
105 887
110 519
92 979
92 979

Estimated living cost  is ₽16280 per week

₽10961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1259
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.
₽3588
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54663
₽74414
₽67970
₽74077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
175 500
social contributions

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

-
-
-
60 986
income
-
-
-
21 134
surtax
-
-
-
-
total
-
-
-
82 120
Employee
36 582
-
141 818
-
surtax
-
-
-
-
social contributions
4 024
-
15 601
-
income
7 148
-
46 144
-
total
11 172
-
61 745
-
Employer
36 582
-
141 818
-
social contributions
8 687
-
33 682
-
total
8 687
-
33 682
-
Corporate
130 231
175 500
-
-
surtax
-
-
-
-
income
27 348
36 855
-
-
total
27 348
36 855
-
-
Dividends
102 882
138 645
-
-
withholding
28 806
38 821
-
-
total
28 806
38 821
-
-
Income
175 500
175 500
175 500
175 500
Total tax
76 013
75 676
95 427
82 120
After tax
99 487
99 824
80 073
93 380
Living cost
25 410
25 410
25 410
25 410
Free-cash
74 077
74 414
54 663
67 970

Estimated living cost  is ₽25410 per week

₽17997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61303
₽83744
₽65258
₽77575
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
other
-
-
-
88
accident
-
-
-
787
income
-
-
-
50 907
pensions
-
-
-
24 723
unemployment
-
-
-
612
total
-
-
-
77 117
Employee
45 520
-
147 649
-
income
9 508
-
47 672
-
other
45
-
88
-
pensions
2 139
-
4 107
-
unemployment
705
-
1 354
-
total
12 397
-
53 221
-
Employer
45 520
-
147 649
-
other
365
-
699
-
unemployment
2 504
-
4 804
-
accident
901
-
1 730
-
pensions
10 743
-
20 618
-
total
14 513
-
27 851
-
Corporate
115 467
175 500
-
-
income

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

17 319
26 325
-
-
total
17 319
26 325
-
-
Dividends
98 147
149 175
-
-
withholding
20 571
32 306
-
-
total
20 571
32 306
-
-
Income
175 500
175 500
175 500
175 500
Total tax
64 800
58 631
81 072
77 117
After tax
110 700
116 869
94 428
98 383
Living cost
33 125
33 125
33 125
33 125
Free-cash
77 575
83 744
61 303
65 258

Estimated living cost  is ₽33125 per week

₽23789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2576
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6294
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131485
₽134038
₽124480
₽128365
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
health
-
-
-
3 739
income
-
-
-
26 325
pensions

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

-
-
-
4 812
unemployment
-
-
-
130
total
-
-
-
35 006
Employee
21 205
-
169 120
-
income
2 121
-
16 912
-
accident

We are using the highest rate at 1.1%.

233
-
358
-
pensions

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

1 862
-
2 855
-
health
975
-
1 496
-
total
5 191
-
21 621
-
Employer
21 205
-
169 120
-
unemployment
127
-
195
-
health
1 463
-
2 244
-
accident

We are using the highest rate at 1.1%.

233
-
358
-
pensions

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

2 337
-
3 583
-
total
4 160
-
6 380
-
Corporate
150 135
175 500
-
-
income
15 014
17 550
-
-
total
15 014
17 550
-
-
Dividends
135 122
157 950
-
-
withholding
6 756
7 898
-
-
total
6 756
7 898
-
-
Income
175 500
175 500
175 500
175 500
Total tax
31 121
25 448
28 001
35 006
After tax
144 379
150 052
147 499
140 494
Living cost
16 014
16 014
16 014
16 014
Free-cash
128 365
134 038
131 485
124 480

Estimated living cost  is ₽16014 per week

₽10591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4124
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74331
₽53916
₽55436
₽66247
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
175 500
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.

-
-
-
6 439
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.

-
-
-
55 300
surtax

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

-
-
-
3 041
trade
-
-
-
18 895
total
-
-
-
83 675
Employee

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

46 897
-
175 500
-
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.

213
-
3 041
-
income

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

3 856
-
55 300
-
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.

6 439
-
6 439
-
total
10 508
-
64 780
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
128 603
175 500
-
-
chamber of commerce
331
401
-
-
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.

1 061
1 447
-
-
trade
18 455
25 184
-
-
income
19 291
26 325
-
-
total
39 138
53 357
-
-
Dividends
89 466
122 143
-
-
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.

1 211
1 660
-
-
withholding
22 007
30 178
-
-
total
23 218
31 838
-
-
Income
175 500
175 500
175 500
175 500
Total tax
72 864
85 195
64 780
83 675
After tax
102 636
90 305
110 720
91 825
Living cost
36 389
36 389
36 389
36 389
Free-cash
66 247
53 916
74 331
55 436

Estimated living cost  is ₽36389 per week

₽25102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3915
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6843
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37686
₽69158
₽37686
₽71241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
54 622
social contributions
-
-
-
29 501
total
-
-
-
84 123
Employee
73 728
-
175 500
-
income
13 912
-
54 622
-
social contributions
6 125
-
29 501
-
total
20 037
-
84 123
-
Employer
73 728
-
175 500
-
total
-
-
-
-
Corporate
101 772
175 500
-
-
income
12 721
21 938
-
-
total
12 721
21 938
-
-
Dividends
89 052
153 562
-
-
withholding
17 810
30 713
-
-
total
17 810
30 713
-
-
Income
175 500
175 500
175 500
175 500
Total tax
50 568
52 651
84 123
84 123
After tax
124 932
122 849
91 377
91 377
Living cost
53 691
53 691
53 691
53 691
Free-cash
71 241
69 158
37 686
37 686

Estimated living cost  is ₽53691 per week

₽40847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4375
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.
₽7956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89991
₽74880
₽108648
₽78175
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
175 500
income
-
-
-
26 830
health

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

-
-
-
5 808
total
-
-
-
32 638
Employee
43 238
-
171 164
-
income
4 692
-
42 623
-
social contributions
4 332
-
4 336
-
total
9 024
-
46 959
-
Employer
43 238
-
171 164
-
social contributions
4 332
-
4 336
-
total
4 332
-
4 336
-
Corporate
127 930
175 500
-
-
income
44 775
61 426
-
-
total
44 775
61 426
-
-
Dividends
83 155
114 074
-
-
social contributions
4 980
4 980
-
-
total
4 980
4 980
-
-
Income
175 500
175 500
175 500
175 500
Total tax
63 111
66 406
51 295
32 638
After tax
112 389
109 094
124 205
142 862
Living cost
34 214
34 214
34 214
34 214
Free-cash
78 175
74 880
89 991
108 648

Estimated living cost  is ₽34214 per week

₽22537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8455
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65068
₽79028
₽80894
₽84552
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
51 348
pensions
-
-
-
8 615
total
-
-
-
59 963
Employee
47 553
-
153 206
-
income
8 660
-
40 801
-
health
620
-
2 178
-
pensions
3 629
-
10 515
-
total
12 909
-
53 494
-
Employer
47 553
-
153 206
-
health
904
-
2 911
-
pensions
4 804
-
19 384
-
total
5 708
-
22 295
-
Corporate
122 239
175 500
-
-
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.

23 225
33 345
-
-
total
23 225
33 345
-
-
Dividends
99 015
142 155
-
-
withholding
14 463
28 484
-
-
total
14 463
28 484
-
-
Income
175 500
175 500
175 500
175 500
Total tax
56 305
61 829
75 789
59 963
After tax
119 195
113 671
99 711
115 537
Living cost
34 643
34 643
34 643
34 643
Free-cash
84 552
79 028
65 068
80 894

Estimated living cost  is ₽34643 per week

₽23765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3186
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.
₽7257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽73067
-₽8349
₽97378
₽10754
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
other
-
-
-
351
health
-
-
-
2 066
accident
-
-
-
239
income
-
-
-
48 961
pensions
-
-
-
3 941
total
-
-
-
55 558
Employee
35 494
-
158 533
-
income
4 870
-
37 522
-
pensions
3 997
-
7 227
-
health
4 064
-
18 152
-
total
12 931
-
62 901
-
Employer
35 494
-
158 533
-
unemployment
869
-
3 884
-
accident
593
-
2 648
-
pensions
5 771
-
10 436
-
total
7 233
-
16 968
-
Corporate
132 773
175 500
-
-
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.

119 495
157 950
-
-
total
119 495
157 950
-
-
Dividends
13 277
17 550
-
-
withholding
2 523
3 335
-
-
total
2 523
3 335
-
-
Income
175 500
175 500
175 500
175 500
Total tax
142 182
161 285
79 869
55 558
After tax
33 318
14 215
95 631
119 942
Living cost
22 564
22 564
22 564
22 564
Free-cash
10 754
-8 349
73 067
97 378

Estimated living cost  is ₽22564 per week

₽16559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113006
₽121544
₽92308
₽130565
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
175 500
income
-
-
-
29 082
health insurance
-
-
-
11 139
work injury
-
-
-
753
pensions
-
-
-
27 698
unemployment
-
-
-
1 806
total
-
-
-
70 478
Employee

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

20 343
-
175 500
-
income
2 034
-
29 082
-
work injury
102
-
376
-
health insurance
1 505
-
5 570
-
pensions
3 743
-
13 849
-
unemployment
244
-
903
-
total
7 628
-
49 780
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
155 157
175 500
-
-
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%.

1 552
17 550
-
-
total
1 552
17 550
-
-
Dividends
153 605
157 950
-
-
withholding
23 041
23 692
-
-
total
23 041
23 692
-
-
Income
175 500
175 500
175 500
175 500
Total tax
32 221
41 242
49 780
70 478
After tax
143 279
134 258
125 720
105 022
Living cost
12 714
12 714
12 714
12 714
Free-cash
130 565
121 544
113 006
92 308

Estimated living cost  is ₽12714 per week

₽7877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35992
₽54893
₽43695
₽50607
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
social contributions
-
-
-
45 138
national
-
-
-
43 915
regional
-
-
-
4 031
municipal
-
-
-
1 173
total
-
-
-
94 257
Employee
79 424
-
175 500
-
social contributions
26 781
-
59 179
-
municipal
474
-
1 046
-
national
13 422
-
38 159
-
regional
1 199
-
3 576
-
total
41 876
-
101 960
-
Employer
79 424
-
175 500
-
total
-
-
-
-
Corporate
96 076
175 500
-
-
nationa
23 057
42 121
-
-
municipal
4 631
8 458
-
-
total
27 688
50 579
-
-
Dividends
68 388
124 921
-
-
withholding
17 781
32 480
-
-
total
17 781
32 480
-
-
Income
175 500
175 500
175 500
175 500
Total tax
87 345
83 059
101 960
94 257
After tax
88 155
92 441
73 540
81 243
Living cost
37 548
37 548
37 548
37 548
Free-cash
50 607
54 893
35 992
43 695

Estimated living cost  is ₽37548 per week

₽26375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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