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
₽58055
₽81127
₽60850
₽69180
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
54 065
surtax

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

-
-
-
2 974
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.

-
-
-
6 871
trade
-
-
-
20 277
total
-
-
-
84 187
Employee

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

38 468
-
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.

59
-
2 974
-
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.

1 075
-
54 065
-
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.

6 871
-
6 871
-
total
8 005
-
63 910
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
137 032
175 500
-
-
income
20 556
26 325
-
-
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.

1 130
1 449
-
-
chamber of commerce
349
405
-
-
trade
21 582
27 642
-
-
total
43 617
55 821
-
-
Dividends
93 415
119 679
-
-
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.

1 263
1 624
-
-
withholding
22 972
29 537
-
-
total
24 235
31 161
-
-
Income
175 500
175 500
175 500
175 500
Total tax
75 857
86 982
63 910
84 187
After tax
99 643
88 518
111 590
91 313
Living cost
30 463
30 463
30 463
30 463
Free-cash
69 180
58 055
81 127
60 850

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56101
₽51684
₽50307
₽55212
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
19 154
national
-
-
-
29 681
pensions
-
-
-
21 060
total
-
-
-
71 782
Employee
82 797
-
151 718
-
municipal
10 227
-
19 834
-
pensions
3 312
-
6 069
-
national
15 847
-
30 734
-
total
29 386
-
56 637
-
Employer
82 797
-
151 718
-
pensions
6 624
-
12 137
-
social contributions
890
-
1 631
-
total
7 514
-
13 768
-
Corporate
79 725
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%.

15 945
35 100
-
-
total
15 945
35 100
-
-
Dividends
63 780
140 400
-
-
withholding
14 032
30 888
-
-
total
14 032
30 888
-
-
Income
175 500
175 500
175 500
175 500
Total tax
66 877
65 988
70 405
71 782
After tax
108 623
109 512
105 095
103 718
Living cost
53 411
53 411
53 411
53 411
Free-cash
55 212
56 101
51 684
50 307

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119477
₽52626
₽39495
₽111227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
31 793
surtax
-
-
-
44 753
social contributions

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

-
-
-
38 535
microenterprise
-
-
-
-
total
-
-
-
115 081
Employee
29 388
-
132 095
-
surtax
-
-
19 155
-
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.

3 233
-
13 185
-
income
5 231
-
26 205
-
total
8 464
-
58 545
-
Employer
29 388
-
132 095
-
social contributions

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

7 079
-
28 875
-
surtax
-
-
14 530
-
total
7 079
-
43 405
-
Corporate
139 033
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%.

27 806
35 099
-
-
total
27 806
35 099
-
-
Dividends

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

111 226
140 401
-
-
total
-
-
-
-
Income
175 500
175 500
175 500
175 500
Total tax
43 349
35 099
101 950
115 081
After tax
132 151
140 401
73 550
60 419
Living cost
20 924
20 924
20 924
20 924
Free-cash
111 227
119 477
52 626
39 495

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44733
₽67334
₽54874
₽38570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 308
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
78 494
Employee
85 887
85 887
156 809
-
pensions
15 460
11 784
11 784
-
income

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

14 058
14 058
23 157
-
health
13 183
11 213
12 402
-
total
42 701
37 055
47 343
-
Employer
85 887
85 887
156 809
-
health
5 970
5 970
7 419
-
pensions
5 978
5 978
7 430
-
unemployment
3 092
3 092
3 842
-
total
15 040
15 040
18 691
-
Corporate
75 627
74 573
-
-
income
15 126
14 914
-
-
total
15 126
14 914
-
-
Dividends
60 501
59 660
-
-
income
12 856
12 677
-
-
withholding
9 075
8 949
-
-
total
21 931
21 626
-
-
Income
175 500
175 500
175 500
175 500
Total tax
94 798
88 635
66 034
78 494
After tax
80 702
86 865
109 466
97 006
Living cost
42 132
42 132
42 132
42 132
Free-cash
38 570
44 733
67 334
54 874

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and 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

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽54617
₽48308
₽49309
₽53692
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
181
other
-
-
-
10 494
unemployment
-
-
-
90
health
-
-
-
5 635
municipal
-
-
-
44 532
national
-
-
-
14 291
pensions
-
-
-
9 762
total
-
-
-
84 985
Employee
58 715
-
147 125
-
municipal
17 509
-
43 873
-
national
-
-
13 738
-
total
17 509
-
57 611
-
Employer
58 715
-
147 125
-
health
3 611
-
5 554
-
pensions
6 347
-
9 762
-
accident
117
-
181
-
unemployment
1 550
-
2 384
-
other
6 823
-
10 494
-
total
18 448
-
28 375
-
Corporate
98 337
175 500
-
-
income
21 634
38 610
-
-
total
21 634
38 610
-
-
Dividends
76 703
136 890
-
-
withholding
23 011
41 067
-
-
total
23 011
41 067
-
-
Income
175 500
175 500
175 500
175 500
Total tax
80 602
79 677
85 986
84 985
After tax
94 898
95 823
89 514
90 515
Living cost
41 206
41 206
41 206
41 206
Free-cash
53 692
54 617
48 308
49 309

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48105
₽72080
₽50902
₽62238
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
54 065
surtax

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

-
-
-
2 974
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.

-
-
-
6 871
trade
-
-
-
21 178
total
-
-
-
85 088
Employee

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

51 004
-
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.

240
-
2 974
-
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.

4 382
-
54 065
-
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.

6 871
-
6 871
-
total
11 493
-
63 910
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
124 496
175 500
-
-
income
18 674
26 325
-
-
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.

1 027
1 449
-
-
chamber of commerce
330
403
-
-
trade
20 479
28 869
-
-
total
40 510
57 046
-
-
Dividends
83 987
118 454
-
-
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.

1 134
1 607
-
-
withholding
20 615
29 232
-
-
total
21 749
30 839
-
-
Income
175 500
175 500
175 500
175 500
Total tax
73 752
87 885
63 910
85 088
After tax
101 748
87 615
111 590
90 412
Living cost
39 510
39 510
39 510
39 510
Free-cash
62 238
48 105
72 080
50 902

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95412
₽85868
₽87415
₽91242
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 715
social contributions
-
-
-
16 273
health
-
-
-
4 476
total
-
-
-
55 464
Employee
77 337
77 337
163 812
-
social contributions
3 758
6 419
8 657
-
income
8 121
7 159
33 881
-
health
769
1 315
2 785
-
total
12 648
14 893
45 323
-
Employer
77 337
77 337
163 812
-
health
838
1 431
3 031
-
social contributions
3 758
6 419
8 657
-
total
4 596
7 850
11 688
-
Corporate
125 634
90 313
-
-
income
15 704
11 289
-
-
total
15 704
11 289
-
-
Dividends
109 931
79 023
-
-
withholding
18 689
13 435
-
-
total
18 689
13 435
-
-
Income
175 500
175 500
175 500
175 500
Total tax
51 637
47 467
57 011
55 464
After tax
123 863
128 033
118 489
120 036
Living cost
32 621
32 621
32 621
32 621
Free-cash
91 242
95 412
85 868
87 415

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80139
₽83284
₽103123
₽80522
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 455
unemployment
-
-
-
2 632
health
-
-
-
12 285
pensions
-
-
-
17 550
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.

26 641
10 603
146 862
-
unemployment
400
159
2 203
-
pensions
2 664
1 060
14 686
-
income
3 257
1 296
17 954
-
health
1 865
742
10 280
-
total
8 186
3 257
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.

26 641
10 603
146 862
-
pensions
5 195
2 068
28 638
-
total
5 195
2 068
28 638
-
Corporate
143 664
162 830
-
-
income
12 930
14 655
-
-
total
12 930
14 655
-
-
Dividends
130 735
148 175
-
-
social contributions
25 372
28 773
-
-
withholding
24 840
28 153
-
-
total
50 212
56 926
-
-
Income
175 500
175 500
175 500
175 500
Total tax
76 523
76 906
73 761
53 922
After tax
98 977
98 594
101 739
121 578
Living cost
18 455
18 455
18 455
18 455
Free-cash
80 522
80 139
83 284
103 123

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116108
₽76862
₽69775
₽109859
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 518
health
-
-
-
22 815
pensions
-
-
-
35 099
total
-
-
-
81 432
Employee
28 531
-
131 165
-
unemployment
456
-
2 099
-
pensions
571
-
2 622
-
income
3 212
-
25 289
-
total
4 239
-
30 010
-
Employer
28 531
-
131 165
-
health
3 708
-
17 051
-
pensions
5 707
-
26 234
-
unemployment
229
-
1 050
-
total
9 644
-
44 335
-
Corporate
137 324
175 500
-
-
income
27 465
35 099
-
-
total
27 465
35 099
-
-
Dividends
109 860
140 401
-
-
total
-
-
-
-
Income
175 500
175 500
175 500
175 500
Total tax
41 348
35 099
74 345
81 432
After tax
134 152
140 401
101 155
94 068
Living cost
24 292
24 292
24 292
24 292
Free-cash
109 859
116 108
76 862
69 775

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8185
₽72793
₽97587
₽10780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
48 422
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
55 513
Employee
35 237
-
157 781
-
pensions
3 968
-
7 768
-
income
4 834
-
36 755
-
health
4 035
-
18 066
-
total
12 837
-
62 589
-
Employer
35 237
-
157 781
-
pensions
5 730
-
11 218
-
accident
588
-
2 635
-
unemployment
863
-
3 865
-
total
7 181
-
17 718
-
Corporate
133 082
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.

119 774
157 950
-
-
total
119 774
157 950
-
-
Dividends
13 308
17 550
-
-
withholding
2 528
3 335
-
-
total
2 528
3 335
-
-
Income
175 500
175 500
175 500
175 500
Total tax
142 320
161 285
80 307
55 513
After tax
33 180
14 215
95 193
119 987
Living cost
22 400
22 400
22 400
22 400
Free-cash
10 780
-8 185
72 793
97 587

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158585
₽132260
₽165605
₽157059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 174
-
175 500
-
income
2 035
-
35 100
-
total
2 035
-
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%.

165 326
175 500
-
-
total
-
-
-
-
Dividends
165 326
175 500
-
-
withholding
8 266
8 775
-
-
total
8 266
8 775
-
-
Income
175 500
175 500
175 500
175 500
Total tax
10 301
8 775
35 100
1 755
After tax
165 199
166 725
140 400
173 745
Living cost
8 140
8 140
8 140
8 140
Free-cash
157 059
158 585
132 260
165 605

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102141
₽72707
₽71057
₽95347
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 944
other
-
-
-
7 264
health
-
-
-
6 730
pensions

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

-
-
-
36 706
total
-
-
-
77 644
Employee
36 518
-
140 176
-
unemployment
365
-
1 401
-
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.

2 556
-
9 812
-
income
6 287
-
27 495
-
health
512
-
1 962
-
total
9 720
-
40 670
-
Employer
36 518
-
140 176
-
health
512
-
1 962
-
pensions

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

6 209
-
23 829
-
accident
292
-
1 122
-
unemployment
365
-
1 401
-
other
1 827
-
7 010
-
total
9 205
-
35 324
-
Corporate
129 779
175 500
-
-
income
27 253
36 855
-
-
total
27 253
36 855
-
-
Dividends
102 526
138 645
-
-
withholding
7 176
9 705
-
-
total
7 176
9 705
-
-
Income
175 500
175 500
175 500
175 500
Total tax
53 354
46 560
75 994
77 644
After tax
122 146
128 940
99 506
97 856
Living cost
26 799
26 799
26 799
26 799
Free-cash
95 347
102 141
72 707
71 057

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48086
₽33676
₽49563
₽50902
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 094
pensions
-
-
-
8 984
total
-
-
-
59 078
Employee
94 595
-
153 314
-
pensions
9 126
-
11 053
-
income
17 052
-
39 502
-
health
1 559
-
2 226
-
total
27 737
-
52 781
-
Employer
94 595
-
153 314
-
health
1 797
-
2 913
-
pensions
11 169
-
19 271
-
total
12 966
-
22 184
-
Corporate
67 939
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.

12 908
33 344
-
-
total
12 908
33 344
-
-
Dividends
55 031
142 156
-
-
withholding
4 128
27 211
-
-
total
4 128
27 211
-
-
Income
175 500
175 500
175 500
175 500
Total tax
57 739
60 555
74 965
59 078
After tax
117 761
114 945
100 535
116 422
Living cost
66 859
66 859
66 859
66 859
Free-cash
50 902
48 086
33 676
49 563

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽136847
₽133439
₽126577
₽132168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 325
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
35 718
Employee
17 485
-
168 598
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
16 860
-
health
804
-
1 618
-
total
4 280
-
21 954
-
Employer
17 485
-
168 598
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
154 584
175 500
-
-
income
15 458
17 550
-
-
total
15 458
17 550
-
-
Dividends
139 126
157 950
-
-
withholding
6 957
7 898
-
-
total
6 957
7 898
-
-
Income
175 500
175 500
175 500
175 500
Total tax
30 127
25 448
28 856
35 718
After tax
145 373
150 052
146 644
139 782
Living cost
13 205
13 205
13 205
13 205
Free-cash
132 168
136 847
133 439
126 577

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31095
₽53696
₽41236
₽33625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 308
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
78 494
Employee
93 245
85 887
156 809
-
pensions
11 784
11 784
11 784
-
income

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

14 058
14 058
23 157
-
health
11 633
11 213
12 402
-
total
37 475
37 055
47 343
-
Employer
93 245
85 887
156 809
-
health
6 480
5 970
7 419
-
pensions
6 489
5 978
7 430
-
unemployment
3 357
3 092
3 842
-
total
16 326
15 040
18 691
-
Corporate
65 928
74 573
-
-
income
13 186
14 914
-
-
total
13 186
14 914
-
-
Dividends
52 742
59 660
-
-
income
11 207
12 677
-
-
withholding
7 911
8 949
-
-
total
19 118
21 626
-
-
Income
175 500
175 500
175 500
175 500
Total tax
86 105
88 635
66 034
78 494
After tax
89 395
86 865
109 466
97 006
Living cost
55 770
55 770
55 770
55 770
Free-cash
33 625
31 095
53 696
41 236

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽95839
₽65814
₽73474
₽86922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 377
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
-
health
-
-
-
23 692
total
-
-
-
77 033
Employee
36 754
-
132 761
-
solidarity contribution
-
-
-
-
social contributions
2 389
-
8 006
-
income
4 411
-
16 025
-
health
4 962
-
17 923
-
total
11 762
-
41 954
-
Employer
36 754
-
132 761
-
health
3 308
-
11 948
-
social contributions
9 189
-
30 791
-
total
12 497
-
42 739
-
Corporate
126 249
175 500
-
-
income
23 987
33 345
-
-
total
23 987
33 345
-
-
Dividends
102 262
142 155
-
-
withholding
15 339
21 323
-
-
total
15 339
21 323
-
-
Income
175 500
175 500
175 500
175 500
Total tax
63 585
54 668
84 693
77 033
After tax
111 915
120 832
90 807
98 467
Living cost
24 993
24 993
24 993
24 993
Free-cash
86 922
95 839
65 814
73 474

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
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.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51198
₽33606
₽41537
₽45946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 069
municipal
-
-
-
1 042
national
-
-
-
43 275
total
-
-
-
91 524
Employee
89 385
-
175 500
-
municipal
473
-
931
-
national
15 488
-
37 519
-
regional
843
-
1 827
-
social contributions
30 141
-
59 178
-
total
46 945
-
99 455
-
Employer
89 385
-
175 500
-
total
-
-
-
-
Corporate
86 115
175 500
-
-
municipal
3 359
6 844
-
-
nationa
20 668
42 121
-
-
total
24 027
48 965
-
-
Dividends
62 088
126 535
-
-
withholding
16 143
32 898
-
-
total
16 143
32 898
-
-
Income
175 500
175 500
175 500
175 500
Total tax
87 115
81 863
99 455
91 524
After tax
88 385
93 637
76 045
83 976
Living cost
42 439
42 439
42 439
42 439
Free-cash
45 946
51 198
33 606
41 537

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88195
₽54730
₽60878
₽85066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 379
other
-
-
-
-
surtax
-
-
-
7 445
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
92 429
Employee
33 259
-
147 245
-
other
-
-
-
-
unemployment
2 315
-
9 343
-
pensions
2 218
-
8 953
-
surtax
109
-
6 241
-
income
5 575
-
42 363
-
health
849
-
3 422
-
total
11 066
-
70 322
-
Employer
33 259
-
147 245
-
health
1 514
-
6 108
-
pensions
4 434
-
17 893
-
unemployment
1 054
-
4 254
-
other
-
-
-
-
total
7 002
-
28 255
-
Corporate
135 240
175 500
-
-
income
35 162
45 631
-
-
total
35 162
45 631
-
-
Dividends
100 078
129 869
-
-
withholding
15 011
19 481
-
-
total
15 011
19 481
-
-
Income
175 500
175 500
175 500
175 500
Total tax
68 241
65 112
98 577
92 429
After tax
107 259
110 388
76 923
83 071
Living cost
22 193
22 193
22 193
22 193
Free-cash
85 066
88 195
54 730
60 878

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69269
₽54859
₽70746
₽75874
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 094
pensions
-
-
-
8 984
total
-
-
-
59 078
Employee
63 395
-
153 314
-
pensions
5 381
-
11 053
-
income
11 418
-
39 502
-
health
920
-
2 226
-
total
17 719
-
52 781
-
Employer
63 395
-
153 314
-
health
1 204
-
2 913
-
pensions
6 863
-
19 271
-
total
8 067
-
22 184
-
Corporate
104 038
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.

19 766
33 344
-
-
total
19 766
33 344
-
-
Dividends
84 271
142 156
-
-
withholding
8 398
27 211
-
-
total
8 398
27 211
-
-
Income
175 500
175 500
175 500
175 500
Total tax
53 950
60 555
74 965
59 078
After tax
121 550
114 945
100 535
116 422
Living cost
45 676
45 676
45 676
45 676
Free-cash
75 874
69 269
54 859
70 746

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽507
₽54480
₽62740
₽34627
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
8 453
health
-
-
-
395
city
-
-
-
1 849
national
-
-
-
2 659
pensions
-
-
-
16 148
total
-
-
-
33 015
Employee
93 322
-
157 081
-
unemployment
-
-
-
-
pensions
7 840
-
13 194
-
national
442
-
2 047
-
regional
3 056
-
7 302
-
city
1 002
-
1 688
-
health
211
-
354
-
total
12 551
-
24 585
-
Employer
93 322
-
157 081
-
health
211
-
354
-
pensions
7 840
-
13 194
-
unemployment
-
-
-
-
other

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

1 866
-
3 142
-
total
9 917
-
16 690
-
Corporate
71 235
175 500
-
-
regional
15 066
37 119
-
-
national
6 054
14 917
-
-
total
21 120
52 036
-
-
Dividends
50 114
123 465
-
-
withholding
17 540
43 212
-
-
total
17 540
43 212
-
-
Income
175 500
175 500
175 500
175 500
Total tax
61 128
95 248
41 275
33 015
After tax
114 372
80 252
134 225
142 485
Living cost
79 745
79 745
79 745
79 745
Free-cash
34 627
507
54 480
62 740

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽40637
₽65516
₽43437
₽56948
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
54 065
surtax

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

-
-
-
2 974
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.

-
-
-
6 871
trade
-
-
-
22 079
total
-
-
-
85 989
Employee

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

60 444
-
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.

391
-
2 974
-
income

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

7 108
-
54 065
-
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.

6 871
-
6 871
-
total
14 370
-
63 910
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
115 056
175 500
-
-
income
17 258
26 325
-
-
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.

949
1 449
-
-
chamber of commerce
315
399
-
-
trade
19 733
30 099
-
-
total
38 255
58 272
-
-
Dividends
76 802
117 229
-
-
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.

1 034
1 592
-
-
withholding
18 819
28 925
-
-
total
19 853
30 517
-
-
Income
175 500
175 500
175 500
175 500
Total tax
72 478
88 789
63 910
85 989
After tax
103 022
86 711
111 590
89 511
Living cost
46 074
46 074
46 074
46 074
Free-cash
56 948
40 637
65 516
43 437

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
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.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54043
₽62207
₽64518
₽59984
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 311
other
-
-
-
5 441
surtax
-
-
-
-
social contributions
-
-
-
5 001
health
-
-
-
7 369
pensions
-
-
-
31 450
total
-
-
-
76 572
Employee
43 044
-
136 082
-
pensions
4 867
-
9 354
-
surtax
-
-
-
-
social contributions
1 227
-
3 876
-
income
2 540
-
26 237
-
total
8 634
-
39 467
-
Employer
43 044
-
136 082
-
health
3 014
-
12 464
-
pensions
7 071
-
15 769
-
unemployment
1 743
-
5 512
-
social contributions
130
-
408
-
other
1 485
-
5 263
-
total
13 443
-
39 416
-
Corporate
119 013
175 500
-
-
income
33 324
49 141
-
-
surtax
-
-
-
-
total
33 324
49 141
-
-
Dividends
85 689
126 359
-
-
surtax
-
-
-
-
social contributions
14 736
21 733
-
-
withholding
10 969
16 173
-
-
total
25 705
37 906
-
-
Income
175 500
175 500
175 500
175 500
Total tax
81 106
87 047
78 883
76 572
After tax
94 394
88 453
96 617
98 928
Living cost
34 410
34 410
34 410
34 410
Free-cash
59 984
54 043
62 207
64 518

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57452
₽65616
₽67927
₽63037
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 311
other
-
-
-
5 441
surtax
-
-
-
-
social contributions
-
-
-
5 001
health
-
-
-
7 369
pensions
-
-
-
31 450
total
-
-
-
76 572
Employee
38 423
-
136 082
-
pensions
4 346
-
9 354
-
surtax
-
-
-
-
social contributions
1 096
-
3 876
-
income
1 981
-
26 237
-
total
7 423
-
39 467
-
Employer
38 423
-
136 082
-
health
2 689
-
12 464
-
pensions
6 314
-
15 769
-
unemployment
1 556
-
5 512
-
social contributions
115
-
408
-
other
1 326
-
5 263
-
total
12 000
-
39 416
-
Corporate
125 077
175 500
-
-
income
35 021
49 141
-
-
surtax
-
-
-
-
total
35 021
49 141
-
-
Dividends
90 057
126 359
-
-
surtax
-
-
-
-
social contributions
15 490
21 733
-
-
withholding
11 528
16 173
-
-
total
27 018
37 906
-
-
Income
175 500
175 500
175 500
175 500
Total tax
81 462
87 047
78 883
76 572
After tax
94 038
88 453
96 617
98 928
Living cost
31 001
31 001
31 001
31 001
Free-cash
63 037
57 452
65 616
67 927

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85744
₽87810
₽91381
₽86265
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 325
social contributions
-
-
-
24 218
health
-
-
-
12 249
total
-
-
-
62 792
Employee
34 101
-
175 500
-
social contributions
4 707
-
24 218
-
income
5 688
-
29 896
-
health
2 380
-
12 249
-
total
12 775
-
66 363
-
Employer
34 101
-
175 500
-
total
-
-
-
-
Corporate
141 399
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%.

7 069
8 776
-
-
total
7 069
8 776
-
-
Dividends
134 330
166 724
-
-
social contributions
18 538
23 008
-
-
withholding
20 149
25 008
-
-
health
9 377
11 637
-
-
total
48 064
59 653
-
-
Income
175 500
175 500
175 500
175 500
Total tax
67 908
68 429
66 363
62 792
After tax
107 592
107 071
109 137
112 708
Living cost
21 327
21 327
21 327
21 327
Free-cash
86 265
85 744
87 810
91 381

Estimated living cost  is ₽21327 per week

₽14272
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.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61684
₽11108
₽54630
₽60125
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 637
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
702
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
85 431
Employee
50 263
40 080
139 855
-
other
502
401
1 176
-
unemployment
1 508
1 202
3 525
-
pensions
5 147
4 103
12 032
-
income
5 722
2 956
38 021
-
health
1 945
1 552
4 546
-
total
14 824
10 214
59 300
-
Employer
50 263
40 080
139 855
-
chamber of commerce
200
160
559
-
health
1 899
1 515
4 441
-
pensions
6 308
5 031
14 746
-
accident
653
521
1 527
-
unemployment
1 508
1 202
3 525
-
surtax
198
198
198
-
payroll
1 508
1 202
4 195
-
other
2 388
1 903
6 453
-
total
14 662
11 732
35 644
-
Corporate
110 575
123 685
136 038
-
income

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

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

27 644
30 921
34 009
-
total
27 644
30 921
34 009
-
Dividends
82 931
92 764
-
-
withholding
22 806
25 510
-
-
total
22 806
25 510
-
-
Income
175 500
175 500
175 500
175 500
Total tax
79 936
78 377
128 953
85 431
After tax
95 564
97 123
46 547
90 069
Living cost
35 439
35 439
35 439
35 439
Free-cash
60 125
61 684
11 108
54 630

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61486
₽25209
₽39404
₽46400
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
9 026
social contributions
-
-
-
25 075
national
-
-
-
65 324
total
-
-
-
99 425
Employee

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

71 942
-
135 931
-
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.

626
-
1 183
-
communal

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

3 752
-
7 090
-
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.

5 396
-
10 196
-
national
22 118
-
49 194
-
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.

3 380
-
6 388
-
total
35 272
-
74 051
-
Employer

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

71 942
-
135 931
-
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.

4 424
-
8 360
-
pensions

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

6 375
-
12 043
-
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.

935
-
1 767
-
unemployment

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

1 050
-
1 985
-
surtax
8 157
-
15 414
-
total
20 941
-
39 569
-
Corporate
82 617
175 500
-
-
income
16 523
35 099
-
-
surtax
330
702
-
-
total
16 853
35 801
-
-
Dividends
65 764
139 699
-
-
withholding

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

19 363
41 542
-
-
total
19 363
41 542
-
-
Income
175 500
175 500
175 500
175 500
Total tax
92 429
77 343
113 620
99 425
After tax
83 071
98 157
61 880
76 075
Living cost
36 671
36 671
36 671
36 671
Free-cash
46 400
61 486
25 209
39 404

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80680
₽57967
₽62185
₽73742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
49 025
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
76 993
Employee
50 064
-
145 781
-
other
50
-
94
-
unemployment
777
-
1 445
-
pensions
2 353
-
4 382
-
income
10 563
-
45 572
-
total
13 743
-
51 493
-
Employer
50 064
-
145 781
-
pensions
11 814
-
22 000
-
accident
991
-
1 846
-
unemployment
2 754
-
5 126
-
other
399
-
746
-
total
15 958
-
29 718
-
Corporate
109 479
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.

16 422
26 325
-
-
total
16 422
26 325
-
-
Dividends
93 057
149 175
-
-
withholding
19 313
32 173
-
-
total
19 313
32 173
-
-
Income
175 500
175 500
175 500
175 500
Total tax
65 436
58 498
81 211
76 993
After tax
110 064
117 002
94 289
98 507
Living cost
36 322
36 322
36 322
36 322
Free-cash
73 742
80 680
57 967
62 185

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48108
₽39295
₽32298
₽35349
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
11 091
accident
-
-
-
1 479
income
-
-
-
28 638
surtax
-
-
-
8 701
health
-
-
-
12 331
pensions
-
-
-
26 306
total
-
-
-
88 546
Employee
76 164
-
156 767
-
pensions
6 092
-
12 541
-
surtax
4 668
-
9 608
-
income
7 357
-
33 692
-
health
3 390
-
6 976
-
total
21 507
-
62 817
-
Employer
76 164
-
156 767
-
health
2 323
-
4 781
-
pensions
6 092
-
12 541
-
accident
685
-
1 410
-
total
9 100
-
18 732
-
Corporate
90 235
175 500
-
-
communal
6 090
11 847
-
-
income
13 536
26 325
-
-
surtax
947
1 844
-
-
total
20 573
40 016
-
-
Dividends
69 663
135 484
-
-
income
23 865
12 397
-
-
withholding
10 450
20 323
-
-
total
34 315
32 720
-
-
Income
175 500
175 500
175 500
175 500
Total tax
85 495
72 736
81 549
88 546
After tax
90 005
102 764
93 951
86 954
Living cost
54 656
54 656
54 656
54 656
Free-cash
35 349
48 108
39 295
32 298

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87798
₽54333
₽60481
₽84601
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 379
other
-
-
-
-
surtax
-
-
-
7 445
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
92 429
Employee
33 870
-
147 245
-
other
-
-
-
-
unemployment
2 357
-
9 343
-
pensions
2 260
-
8 953
-
surtax
120
-
6 241
-
income
5 678
-
42 363
-
health
865
-
3 422
-
total
11 280
-
70 322
-
Employer
33 870
-
147 245
-
health
1 540
-
6 108
-
pensions
4 516
-
17 893
-
unemployment
1 075
-
4 254
-
other
-
-
-
-
total
7 131
-
28 255
-
Corporate
134 499
175 500
-
-
income
34 969
45 631
-
-
total
34 969
45 631
-
-
Dividends
99 530
129 869
-
-
withholding
14 929
19 481
-
-
total
14 929
19 481
-
-
Income
175 500
175 500
175 500
175 500
Total tax
68 309
65 112
98 577
92 429
After tax
107 191
110 388
76 923
83 071
Living cost
22 590
22 590
22 590
22 590
Free-cash
84 601
87 798
54 333
60 481

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65154
₽48417
₽56306
₽62922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 646
municipal
-
-
-
1 042
national
-
-
-
43 275
total
-
-
-
92 101
Employee
55 790
-
175 500
-
municipal
296
-
931
-
national
8 839
-
37 519
-
regional
751
-
2 362
-
social contributions
18 813
-
59 178
-
total
28 699
-
99 990
-
Employer
55 790
-
175 500
-
total
-
-
-
-
Corporate
119 710
175 500
-
-
municipal
5 949
8 722
-
-
nationa
28 730
42 121
-
-
total
34 679
50 843
-
-
Dividends
85 031
124 657
-
-
withholding
22 107
32 410
-
-
total
22 107
32 410
-
-
Income
175 500
175 500
175 500
175 500
Total tax
85 485
83 253
99 990
92 101
After tax
90 015
92 247
75 510
83 399
Living cost
27 093
27 093
27 093
27 093
Free-cash
62 922
65 154
48 417
56 306

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90034
₽60009
₽67669
₽79047
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 377
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
-
health
-
-
-
23 692
total
-
-
-
77 033
Employee
45 291
-
132 761
-
solidarity contribution
-
-
-
-
social contributions
2 944
-
8 006
-
income
5 435
-
16 025
-
health
6 114
-
17 923
-
total
14 493
-
41 954
-
Employer
45 291
-
132 761
-
health
4 076
-
11 948
-
social contributions
11 323
-
30 791
-
total
15 399
-
42 739
-
Corporate
114 810
175 500
-
-
income
21 814
33 345
-
-
total
21 814
33 345
-
-
Dividends
92 996
142 155
-
-
withholding
13 949
21 323
-
-
total
13 949
21 323
-
-
Income
175 500
175 500
175 500
175 500
Total tax
65 655
54 668
84 693
77 033
After tax
109 845
120 832
90 807
98 467
Living cost
30 798
30 798
30 798
30 798
Free-cash
79 047
90 034
60 009
67 669

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
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.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65144
₽14508
₽58180
₽64642
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 637
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
702
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
85 233
Employee
43 964
40 080
140 040
-
other
439
401
1 176
-
unemployment
1 319
1 202
3 525
-
pensions
4 502
4 103
12 032
-
income
3 916
2 956
38 111
-
health
1 701
1 552
4 546
-
total
11 877
10 214
59 390
-
Employer
43 964
40 080
140 040
-
chamber of commerce
176
160
559
-
health
1 662
1 515
4 441
-
pensions
5 518
5 031
14 746
-
accident
571
521
1 527
-
unemployment
1 319
1 202
3 525
-
surtax
-
-
-
-
payroll
1 319
1 202
4 201
-
other
2 088
1 903
6 461
-
total
12 653
11 534
35 460
-
Corporate
118 884
123 884
136 223
-
income

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

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

29 721
30 971
34 055
-
total
29 721
30 971
34 055
-
Dividends
89 163
92 913
-
-
withholding
24 520
25 550
-
-
total
24 520
25 550
-
-
Income
175 500
175 500
175 500
175 500
Total tax
78 771
78 269
128 905
85 233
After tax
96 729
97 231
46 595
90 267
Living cost
32 087
32 087
32 087
32 087
Free-cash
64 642
65 144
14 508
58 180

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154041
₽127716
₽161061
₽151663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 855
-
175 500
-
income
3 171
-
35 100
-
total
3 171
-
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%.

159 645
175 500
-
-
total
-
-
-
-
Dividends
159 645
175 500
-
-
withholding
7 982
8 775
-
-
total
7 982
8 775
-
-
Income
175 500
175 500
175 500
175 500
Total tax
11 153
8 775
35 100
1 755
After tax
164 347
166 725
140 400
173 745
Living cost
12 684
12 684
12 684
12 684
Free-cash
151 663
154 041
127 716
161 061

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93856
₽54175
₽58823
₽85443
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
40 118
unemployment
-
-
-
263
health
-
-
-
17 269
pensions
-
-
-
32 051
total
-
-
-
89 701
Employee

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

44 474
-
151 856
-
unemployment
63
-
212
-
pensions
6 894
-
23 537
-
income
7 670
-
37 146
-
health
2 872
-
9 810
-
total
17 499
-
70 705
-
Employer

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

44 474
-
151 856
-
health
2 962
-
10 114
-
pensions
3 936
-
13 438
-
unemployment
27
-
92
-
total
6 925
-
23 644
-
Corporate
124 101
175 500
-
-
income
23 579
33 345
-
-
total
23 579
33 345
-
-
Dividends
100 522
142 155
-
-
withholding
15 078
21 323
-
-
total
15 078
21 323
-
-
Income
175 500
175 500
175 500
175 500
Total tax
63 081
54 668
94 349
89 701
After tax
112 419
120 832
81 151
85 799
Living cost
26 976
26 976
26 976
26 976
Free-cash
85 443
93 856
54 175
58 823

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62771
₽118081
₽77282
₽14263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 208
social contributions
-
-
-
20 007
total
-
-
-
54 215
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
23 442
175 500
-
-
income
5 157
38 610
-
-
total
5 157
38 610
-
-
Dividends
18 285
136 890
-
-
income
4 023
30 116
-
-
total
4 023
30 116
-
-
Income
175 500
175 500
175 500
175 500
Total tax
117 234
68 726
13 416
54 215
After tax
58 266
106 774
162 084
121 285
Living cost
44 003
44 003
44 003
44 003
Free-cash
14 263
62 771
118 081
77 282

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68277
₽49244
₽62549
₽67263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
20 419
surtax
-
-
-
-
social contributions

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

-
-
-
60 985
total
-
-
-
81 404
Employee
46 257
-
141 817
-
surtax
-
-
-
-
social contributions
5 088
-
15 599
-
income
9 622
-
45 429
-
total
14 710
-
61 028
-
Employer
46 257
-
141 817
-
social contributions
10 986
-
33 681
-
total
10 986
-
33 681
-
Corporate
118 258
175 500
-
-
income
24 835
36 855
-
-
surtax
-
-
-
-
total
24 835
36 855
-
-
Dividends
93 423
138 645
-
-
withholding
26 159
38 821
-
-
total
26 159
38 821
-
-
Income
175 500
175 500
175 500
175 500
Total tax
76 690
75 676
94 709
81 404
After tax
98 810
99 824
80 791
94 096
Living cost
31 547
31 547
31 547
31 547
Free-cash
67 263
68 277
49 244
62 549

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39877
₽48041
₽50352
₽46789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 311
other
-
-
-
5 441
surtax
-
-
-
-
social contributions
-
-
-
5 001
health
-
-
-
7 369
pensions
-
-
-
31 450
total
-
-
-
76 572
Employee
62 992
-
136 082
-
pensions
7 125
-
9 354
-
surtax
-
-
-
-
social contributions
1 794
-
3 876
-
income
5 496
-
26 237
-
total
14 415
-
39 467
-
Employer
62 992
-
136 082
-
health
4 409
-
12 464
-
pensions
10 350
-
15 769
-
unemployment
2 552
-
5 512
-
social contributions
189
-
408
-
other
2 174
-
5 263
-
total
19 674
-
39 416
-
Corporate
92 834
175 500
-
-
income
25 993
49 141
-
-
surtax
-
-
-
-
total
25 993
49 141
-
-
Dividends
66 841
126 359
-
-
surtax
-
-
-
-
social contributions
11 497
21 733
-
-
withholding
8 556
16 173
-
-
total
20 053
37 906
-
-
Income
175 500
175 500
175 500
175 500
Total tax
80 135
87 047
78 883
76 572
After tax
95 365
88 453
96 617
98 928
Living cost
48 576
48 576
48 576
48 576
Free-cash
46 789
39 877
48 041
50 352

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127718
₽103741
₽99078
₽124339
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 581
social contributions
-
-
-
38 609
total
-
-
-
46 190
Employee
32 334
-
151 948
-
income
-
-
8 100
-
social contributions
2 101
-
9 875
-
total
2 101
-
17 975
-
Employer
32 334
-
151 948
-
social contributions
5 012
-
23 552
-
total
5 012
-
23 552
-
Corporate
138 154
175 500
-
-
income
13 816
17 550
-
-
total
13 816
17 550
-
-
Dividends
124 338
157 950
-
-
total
-
-
-
-
Income
175 500
175 500
175 500
175 500
Total tax
20 929
17 550
41 527
46 190
After tax
154 571
157 950
133 973
129 310
Living cost
30 232
30 232
30 232
30 232
Free-cash
124 339
127 718
103 741
99 078

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43526
-₽43526
₽55183
-₽43526
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 970
municipal
-
-
-
36 511
national
-
-
-
20 551
pensions
-
-
-
871
total
-
-
-
71 903
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
175 500
175 500
175 500
175 500
Total tax
170 612
170 612
170 612
71 903
After tax
4 888
4 888
4 888
103 597
Living cost
48 414
48 414
48 414
48 414
Free-cash
-43 526
-43 526
-43 526
55 183

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7855
₽73123
₽97917
₽10830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
48 422
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
55 513
Employee
34 717
-
157 781
-
pensions
3 909
-
7 768
-
income
4 763
-
36 755
-
health
3 975
-
18 066
-
total
12 647
-
62 589
-
Employer
34 717
-
157 781
-
pensions
5 645
-
11 218
-
accident
580
-
2 635
-
unemployment
851
-
3 865
-
total
7 076
-
17 718
-
Corporate
133 707
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.

120 337
157 950
-
-
total
120 337
157 950
-
-
Dividends
13 371
17 550
-
-
withholding
2 540
3 335
-
-
total
2 540
3 335
-
-
Income
175 500
175 500
175 500
175 500
Total tax
142 600
161 285
80 307
55 513
After tax
32 900
14 215
95 193
119 987
Living cost
22 070
22 070
22 070
22 070
Free-cash
10 830
-7 855
73 123
97 917

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71463
₽53558
₽74824
₽73950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 283
municipal
-
-
-
31 179
national
-
-
-
28 601
total
-
-
-
62 063
Employee
52 914
-
147 640
-
municipal
8 667
-
24 050
-
unemployment
794
-
2 214
-
pensions
3 571
-
9 965
-
national
874
-
17 387
-
health
395
-
1 853
-
total
14 301
-
55 469
-
Employer
52 914
-
147 640
-
health
407
-
1 138
-
pensions
9 180
-
25 615
-
accident
53
-
147
-
unemployment
344
-
960
-
total
9 984
-
27 860
-
Corporate
112 602
175 500
-
-
income
22 520
35 099
-
-
total
22 520
35 099
-
-
Dividends

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

67 562
105 301
-
-
municipal
12 162
18 954
-
-
national
3 970
11 371
-
-
total
16 132
30 325
-
-
Income
175 500
175 500
175 500
175 500
Total tax
62 937
65 424
83 329
62 063
After tax
112 563
110 076
92 171
113 437
Living cost
38 613
38 613
38 613
38 613
Free-cash
73 950
71 463
53 558
74 824

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104747
₽95203
₽96750
₽99273
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 715
social contributions
-
-
-
16 273
health
-
-
-
4 476
total
-
-
-
55 464
Employee
77 337
77 337
163 812
-
social contributions
2 924
6 419
8 657
-
income
8 421
7 159
33 881
-
health
599
1 315
2 785
-
total
11 944
14 893
45 323
-
Employer
77 337
77 337
163 812
-
health
651
1 431
3 031
-
social contributions
2 924
6 419
8 657
-
total
3 575
7 850
11 688
-
Corporate
136 695
90 313
-
-
income
17 088
11 289
-
-
total
17 088
11 289
-
-
Dividends
119 608
79 023
-
-
withholding
20 334
13 435
-
-
total
20 334
13 435
-
-
Income
175 500
175 500
175 500
175 500
Total tax
52 941
47 467
57 011
55 464
After tax
122 559
128 033
118 489
120 036
Living cost
23 286
23 286
23 286
23 286
Free-cash
99 273
104 747
95 203
96 750

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129362
₽111451
₽131623
₽124248
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
17 842
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
27 909
Employee

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

23 085
-
165 671
-
unemployment
115
-
477
-
pensions
3 462
-
14 314
-
income
1 578
-
15 349
-
health
1 962
-
8 112
-
total
7 117
-
38 252
-
Employer

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

23 085
-
165 671
-
health
992
-
4 103
-
pensions
1 269
-
5 249
-
unemployment
115
-
477
-
total
2 376
-
9 829
-
Corporate
150 038
175 500
-
-
income
13 503
15 796
-
-
total
13 503
15 796
-
-
Dividends
136 535
159 704
-
-
withholding
12 288
14 374
-
-
total
12 288
14 374
-
-
Income
175 500
175 500
175 500
175 500
Total tax
35 284
30 170
48 081
27 909
After tax
140 216
145 330
127 419
147 591
Living cost
15 968
15 968
15 968
15 968
Free-cash
124 248
129 362
111 451
131 623

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89345
₽66632
₽70850
₽84904
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
49 025
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
76 993
Employee
37 188
-
145 781
-
other
36
-
94
-
unemployment
576
-
1 445
-
pensions
1 748
-
4 382
-
income
7 170
-
45 572
-
total
9 530
-
51 493
-
Employer
37 188
-
145 781
-
pensions
8 776
-
22 000
-
accident
737
-
1 846
-
unemployment
2 046
-
5 126
-
other
298
-
746
-
total
11 857
-
29 718
-
Corporate
126 455
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.

18 968
26 325
-
-
total
18 968
26 325
-
-
Dividends
107 488
149 175
-
-
withholding
22 584
32 173
-
-
total
22 584
32 173
-
-
Income
175 500
175 500
175 500
175 500
Total tax
62 939
58 498
81 211
76 993
After tax
112 561
117 002
94 289
98 507
Living cost
27 657
27 657
27 657
27 657
Free-cash
84 904
89 345
66 632
70 850

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107553
₽110826
₽110965
₽107232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
60 111
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
62 576
Employee
2 983
-
173 893
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
60 036
-
health
149
-
357
-
total
1 024
-
61 107
-
Employer
2 983
-
173 893
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
171 846
175 500
-
-
income
37 806
38 610
-
-
total
37 806
38 610
-
-
Dividends
134 040
136 890
-
-
withholding
26 808
27 378
-
-
total
26 808
27 378
-
-
Income
175 500
175 500
175 500
175 500
Total tax
66 309
65 988
62 715
62 576
After tax
109 191
109 512
112 785
112 924
Living cost
1 959
1 959
1 959
1 959
Free-cash
107 232
107 553
110 826
110 965

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109406
₽90338
₽90337
₽104456
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
39 674
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
67 770
Employee

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

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

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

26 227
-
162 196
-
unemployment
197
-
557
-
pensions
3 672
-
10 406
-
income
3 615
-
39 674
-
health
1 351
-
3 828
-
total
8 835
-
54 465
-
Employer

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

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

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

26 227
-
162 196
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
unemployment
197
-
557
-
total
4 695
-
13 304
-
Corporate
144 578
175 500
-
-
income
21 687
26 325
-
-
total
21 687
26 325
-
-
Dividends
122 891
149 175
-
-
withholding
18 434
22 376
-
-
total
18 434
22 376
-
-
Income
175 500
175 500
175 500
175 500
Total tax
53 651
48 701
67 769
67 770
After tax
121 849
126 799
107 731
107 730
Living cost
17 393
17 393
17 393
17 393
Free-cash
104 456
109 406
90 338
90 337

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72710
₽53677
₽66982
₽72349
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
20 419
surtax
-
-
-
-
social contributions

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

-
-
-
60 985
total
-
-
-
81 404
Employee
39 035
-
141 817
-
surtax
-
-
-
-
social contributions
4 294
-
15 599
-
income
7 627
-
45 429
-
total
11 921
-
61 028
-
Employer
39 035
-
141 817
-
social contributions
9 270
-
33 681
-
total
9 270
-
33 681
-
Corporate
127 195
175 500
-
-
income
26 711
36 855
-
-
surtax
-
-
-
-
total
26 711
36 855
-
-
Dividends
100 484
138 645
-
-
withholding
28 135
38 821
-
-
total
28 135
38 821
-
-
Income
175 500
175 500
175 500
175 500
Total tax
76 037
75 676
94 709
81 404
After tax
99 463
99 824
80 791
94 096
Living cost
27 114
27 114
27 114
27 114
Free-cash
72 349
72 710
53 677
66 982

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81656
₽58943
₽63161
₽75063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
49 025
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
76 993
Employee
48 573
-
145 781
-
other
48
-
94
-
unemployment
752
-
1 445
-
pensions
2 283
-
4 382
-
income
10 145
-
45 572
-
total
13 228
-
51 493
-
Employer
48 573
-
145 781
-
pensions
11 463
-
22 000
-
accident
962
-
1 846
-
unemployment
2 672
-
5 126
-
other
389
-
746
-
total
15 486
-
29 718
-
Corporate
111 441
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.

16 715
26 325
-
-
total
16 715
26 325
-
-
Dividends
94 725
149 175
-
-
withholding
19 662
32 173
-
-
total
19 662
32 173
-
-
Income
175 500
175 500
175 500
175 500
Total tax
65 091
58 498
81 211
76 993
After tax
110 409
117 002
94 289
98 507
Living cost
35 346
35 346
35 346
35 346
Free-cash
75 063
81 656
58 943
63 161

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132727
₽129319
₽122457
₽126591
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 325
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
35 718
Employee
22 941
-
168 598
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
16 860
-
health
1 055
-
1 618
-
total
5 615
-
21 954
-
Employer
22 941
-
168 598
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
148 058
175 500
-
-
income
14 805
17 550
-
-
total
14 805
17 550
-
-
Dividends
133 253
157 950
-
-
withholding
6 663
7 898
-
-
total
6 663
7 898
-
-
Income
175 500
175 500
175 500
175 500
Total tax
31 584
25 448
28 856
35 718
After tax
143 916
150 052
146 644
139 782
Living cost
17 325
17 325
17 325
17 325
Free-cash
126 591
132 727
129 319
122 457

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51494
₽72761
₽54288
₽64651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
54 065
surtax

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

-
-
-
2 974
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.

-
-
-
6 871
trade
-
-
-
18 473
total
-
-
-
82 383
Employee

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

50 042
-
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.

227
-
2 974
-
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.

4 115
-
54 065
-
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.

6 871
-
6 871
-
total
11 213
-
63 910
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
125 458
175 500
-
-
income
18 819
26 325
-
-
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.

1 034
1 449
-
-
chamber of commerce
336
410
-
-
trade
18 004
25 184
-
-
total
38 193
53 368
-
-
Dividends
87 265
122 132
-
-
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.

1 180
1 659
-
-
withholding
21 434
30 150
-
-
total
22 614
31 809
-
-
Income
175 500
175 500
175 500
175 500
Total tax
72 020
85 177
63 910
82 383
After tax
103 480
90 323
111 590
93 117
Living cost
38 829
38 829
38 829
38 829
Free-cash
64 651
51 494
72 761
54 288

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65558
₽35391
₽35391
₽67778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 576
social contributions
-
-
-
29 241
total
-
-
-
82 817
Employee
78 672
-
175 500
-
income
14 845
-
53 576
-
social contributions
6 536
-
29 241
-
total
21 381
-
82 817
-
Employer
78 672
-
175 500
-
total
-
-
-
-
Corporate
96 828
175 500
-
-
income
12 104
21 937
-
-
total
12 104
21 937
-
-
Dividends
84 724
153 563
-
-
withholding
16 945
30 713
-
-
total
16 945
30 713
-
-
Income
175 500
175 500
175 500
175 500
Total tax
50 430
52 650
82 817
82 817
After tax
125 070
122 850
92 683
92 683
Living cost
57 292
57 292
57 292
57 292
Free-cash
67 778
65 558
35 391
35 391

Estimated living cost  is ₽57292 per week

₽43587
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.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72253
₽88376
₽104285
₽75766
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 629
health

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

-
-
-
6 077
total
-
-
-
34 706
Employee
46 138
-
170 874
-
income
5 006
-
41 363
-
social contributions
4 623
-
4 626
-
total
9 629
-
45 989
-
Employer
46 138
-
170 874
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
124 740
175 500
-
-
income
43 659
61 424
-
-
total
43 659
61 424
-
-
Dividends
81 081
114 076
-
-
social contributions
5 314
5 314
-
-
total
5 314
5 314
-
-
Income
175 500
175 500
175 500
175 500
Total tax
63 225
66 738
50 615
34 706
After tax
112 275
108 762
124 885
140 794
Living cost
36 509
36 509
36 509
36 509
Free-cash
75 766
72 253
88 376
104 285

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77812
₽63402
₽79289
₽83729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 094
pensions
-
-
-
8 984
total
-
-
-
59 078
Employee
50 971
-
153 314
-
pensions
3 890
-
11 053
-
income
9 282
-
39 502
-
health
665
-
2 226
-
total
13 837
-
52 781
-
Employer
50 971
-
153 314
-
health
969
-
2 913
-
pensions
5 150
-
19 271
-
total
6 119
-
22 184
-
Corporate
118 411
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.

22 499
33 344
-
-
total
22 499
33 344
-
-
Dividends
95 912
142 156
-
-
withholding
12 183
27 211
-
-
total
12 183
27 211
-
-
Income
175 500
175 500
175 500
175 500
Total tax
54 638
60 555
74 965
59 078
After tax
120 862
114 945
100 535
116 422
Living cost
37 133
37 133
37 133
37 133
Free-cash
83 729
77 812
63 402
79 289

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10040
₽70938
₽95732
₽10495
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
accident
-
-
-
257
income
-
-
-
48 422
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
55 513
Employee
38 154
-
157 781
-
pensions
4 296
-
7 768
-
income
5 234
-
36 755
-
health
4 368
-
18 066
-
total
13 898
-
62 589
-
Employer
38 154
-
157 781
-
pensions
6 204
-
11 218
-
accident
637
-
2 635
-
unemployment
935
-
3 865
-
total
7 776
-
17 718
-
Corporate
129 571
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.

116 614
157 950
-
-
total
116 614
157 950
-
-
Dividends
12 957
17 550
-
-
withholding
2 462
3 335
-
-
total
2 462
3 335
-
-
Income
175 500
175 500
175 500
175 500
Total tax
140 750
161 285
80 307
55 513
After tax
34 750
14 215
95 193
119 987
Living cost
24 255
24 255
24 255
24 255
Free-cash
10 495
-10 040
70 938
95 732

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134094
₽110880
₽88759
₽129387
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 910
unemployment
-
-
-
1 931
work injury
-
-
-
804
health insurance
-
-
-
11 905
pensions
-
-
-
29 602
total
-
-
-
73 152
Employee

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

21 742
-
175 500
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
28 910
-
total
8 153
-
51 031
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
153 758
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%.

1 538
1 755
-
-
total
1 538
1 755
-
-
Dividends
152 221
173 745
-
-
withholding
22 833
26 062
-
-
total
22 833
26 062
-
-
Income
175 500
175 500
175 500
175 500
Total tax
32 524
27 817
51 031
73 152
After tax
142 976
147 683
124 469
102 348
Living cost
13 589
13 589
13 589
13 589
Free-cash
129 387
134 094
110 880
88 759

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52374
₽34124
₽41827
₽47799
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
4 019
municipal
-
-
-
1 174
national
-
-
-
43 275
total
-
-
-
93 606
Employee
84 751
-
175 500
-
municipal
506
-
1 048
-
national
14 322
-
37 519
-
regional
1 280
-
3 564
-
social contributions
28 577
-
59 178
-
total
44 685
-
101 309
-
Employer
84 751
-
175 500
-
total
-
-
-
-
Corporate
90 749
175 500
-
-
municipal
4 374
8 459
-
-
nationa
21 779
42 121
-
-
total
26 153
50 580
-
-
Dividends
64 596
124 920
-
-
withholding
16 796
32 479
-
-
total
16 796
32 479
-
-
Income
175 500
175 500
175 500
175 500
Total tax
87 634
83 059
101 309
93 606
After tax
87 866
92 441
74 191
81 894
Living cost
40 067
40 067
40 067
40 067
Free-cash
47 799
52 374
34 124
41 827

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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