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
₽70331
₽82128
₽59877
₽61407
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
175 500
health

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

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

-
-
-
6 456
trade
-
-
-
20 721
income

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

-
-
-
55 253
surtax

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

-
-
-
3 040
total
-
-
-
85 470
Employee

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

36 144
-
175 500
-
health

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

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

6 456
-
6 456
-
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.

1 010
-
55 253
-
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.

56
-
3 040
-
total
7 522
-
64 749
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
139 356
175 500
-
-
income
20 904
26 325
-
-
chamber of commerce
344
396
-
-
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.

1 149
1 447
-
-
trade
21 948
27 642
-
-
total
44 345
55 810
-
-
Dividends
95 011
119 690
-
-
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.

1 286
1 626
-
-
withholding
23 393
29 564
-
-
total
24 679
31 190
-
-
Income
175 500
175 500
175 500
175 500
Total tax
76 546
87 000
64 749
85 470
After tax
98 954
88 500
110 751
90 030
Living cost
28 623
28 623
28 623
28 623
Free-cash
70 331
59 877
82 128
61 407

Estimated living cost  is ₽28623 per week

₽18004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3337
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59466
₽54804
₽60285
₽53862
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 257
pensions
-
-
-
21 060
national
-
-
-
30 207
total
-
-
-
72 411
Employee
76 311
-
151 718
-
pensions
3 052
-
6 069
-
municipal
9 426
-
19 937
-
national
14 606
-
31 695
-
total
27 084
-
57 701
-
Employer
76 311
-
151 718
-
pensions
6 105
-
12 137
-
social contributions
820
-
1 631
-
total
6 925
-
13 768
-
Corporate
87 228
175 500
-
-
income

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

17 446
35 100
-
-
total
17 446
35 100
-
-
Dividends
69 782
140 400
-
-
withholding
15 352
30 888
-
-
total
15 352
30 888
-
-
Income
175 500
175 500
175 500
175 500
Total tax
66 807
65 988
71 469
72 411
After tax
108 693
109 512
104 031
103 089
Living cost
49 227
49 227
49 227
49 227
Free-cash
59 466
60 285
54 804
53 862

Estimated living cost  is ₽49227 per week

₽33459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4576
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10455
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112988
₽54691
₽120740
₽41679
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
175 500
social contributions

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

-
-
-
36 206
income
-
-
-
33 202
surtax
-
-
-
44 753
microenterprise
-
-
-
-
total
-
-
-
114 161
Employee
27 613
-
133 667
-
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.

3 038
-
12 388
-
income
4 915
-
27 546
-
surtax
-
-
19 382
-
total
7 953
-
59 316
-
Employer
27 613
-
133 667
-
surtax
-
-
14 703
-
social contributions

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

6 651
-
27 130
-
total
6 651
-
41 833
-
Corporate
141 236
175 500
-
-
income

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

28 248
35 100
-
-
total
28 248
35 100
-
-
Dividends

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

112 988
140 400
-
-
total
-
-
-
-
Income
175 500
175 500
175 500
175 500
Total tax
42 852
35 100
101 149
114 161
After tax
132 648
140 400
74 351
61 339
Living cost
19 660
19 660
19 660
19 660
Free-cash
112 988
120 740
54 691
41 679

Estimated living cost  is ₽19660 per week

₽12542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41649
₽71043
₽47438
₽56675
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
health
-
-
-
11 653
income
-
-
-
56 514
pensions
-
-
-
11 072
total
-
-
-
79 239
Employee
80 697
80 697
157 938
-
pensions
14 526
11 072
11 072
-
health
12 386
10 535
11 653
-
income

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

13 209
13 209
24 585
-
total
40 121
34 816
47 310
-
Employer
80 697
80 697
157 938
-
pensions
5 617
5 617
6 981
-
health
5 609
5 609
6 970
-
unemployment
2 905
2 905
3 610
-
total
14 131
14 131
17 561
-
Corporate
81 662
80 672
-
-
income
16 333
16 134
-
-
total
16 333
16 134
-
-
Dividends
65 328
64 538
-
-
income
13 882
13 715
-
-
withholding
9 798
9 680
-
-
total
23 680
23 395
-
-
Income
175 500
175 500
175 500
175 500
Total tax
94 265
88 476
64 871
79 239
After tax
81 235
87 024
110 629
96 261
Living cost
39 586
39 586
39 586
39 586
Free-cash
41 649
47 438
71 043
56 675

Estimated living cost  is ₽39586 per week

₽28054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7334
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56325
₽50245
₽57191
₽51181
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
169
health
-
-
-
5 283
municipal
-
-
-
45 020
pensions
-
-
-
9 152
other
-
-
-
9 838
unemployment
-
-
-
85
national
-
-
-
16 140
total
-
-
-
85 687
Employee
55 046
-
148 898
-
municipal
16 415
-
44 401
-
national
-
-
15 621
-
total
16 415
-
60 022
-
Employer
55 046
-
148 898
-
pensions
5 950
-
9 152
-
other
6 396
-
9 838
-
health
3 385
-
5 207
-
unemployment
1 453
-
2 235
-
accident
110
-
169
-
total
17 294
-
26 601
-
Corporate
103 158
175 500
-
-
income
22 695
38 610
-
-
total
22 695
38 610
-
-
Dividends
80 463
136 890
-
-
withholding
24 139
41 067
-
-
total
24 139
41 067
-
-
Income
175 500
175 500
175 500
175 500
Total tax
80 543
79 677
86 623
85 687
After tax
94 957
95 823
88 877
89 813
Living cost
38 632
38 632
38 632
38 632
Free-cash
56 325
57 191
50 245
51 181

Estimated living cost  is ₽38632 per week

₽25603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3791
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63752
₽73628
₽50476
₽51985
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
175 500
health

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

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

-
-
-
6 456
trade
-
-
-
21 643
income

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

-
-
-
55 253
surtax

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

-
-
-
3 040
total
-
-
-
86 392
Employee

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

47 922
-
175 500
-
health

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

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

6 456
-
6 456
-
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.

4 117
-
55 253
-
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.

226
-
3 040
-
total
10 799
-
64 749
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
127 578
175 500
-
-
income
19 136
26 325
-
-
chamber of commerce
325
393
-
-
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.

1 053
1 447
-
-
trade
20 987
28 870
-
-
total
41 501
57 035
-
-
Dividends
86 078
118 465
-
-
surtax

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

1 164
1 609
-
-
withholding
21 161
29 257
-
-
total
22 325
30 866
-
-
Income
175 500
175 500
175 500
175 500
Total tax
74 625
87 901
64 749
86 392
After tax
100 875
87 599
110 751
89 108
Living cost
37 123
37 123
37 123
37 123
Free-cash
63 752
50 476
73 628
51 985

Estimated living cost  is ₽37123 per week

₽24828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3915
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93432
₽87333
₽97349
₽88852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
social contributions
-
-
-
15 289
health
-
-
-
4 476
income
-
-
-
36 233
total
-
-
-
55 998
Employee
72 664
72 664
164 326
-
health
723
1 236
2 794
-
social contributions
3 531
6 031
8 134
-
income
7 630
6 727
35 415
-
total
11 884
13 994
46 343
-
Employer
72 664
72 664
164 326
-
health
787
1 345
3 040
-
social contributions
3 531
6 031
8 134
-
total
4 318
7 376
11 174
-
Corporate
128 647
95 460
-
-
income
16 080
11 932
-
-
total
16 080
11 932
-
-
Dividends
112 567
83 528
-
-
withholding
19 136
14 199
-
-
total
19 136
14 199
-
-
Income
175 500
175 500
175 500
175 500
Total tax
51 418
47 501
57 517
55 998
After tax
124 082
127 999
117 983
119 502
Living cost
30 650
30 650
30 650
30 650
Free-cash
93 432
97 349
87 333
88 852

Estimated living cost  is ₽30650 per week

₽20953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2394
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.
₽6789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81607
₽84415
₽81246
₽104253
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
health
-
-
-
12 285
income
-
-
-
21 455
pensions
-
-
-
17 550
unemployment
-
-
-
2 633
total
-
-
-
53 923
Employee

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

The minimum wage is 138,000 HUF per month.

25 008
9 953
146 862
-
unemployment
375
149
2 203
-
pensions
2 501
995
14 686
-
health
1 751
697
10 280
-
income
3 057
1 217
17 954
-
total
7 684
3 058
45 123
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 008
9 953
146 862
-
pensions
4 877
1 941
28 638
-
total
4 877
1 941
28 638
-
Corporate
145 616
163 606
-
-
income
13 105
14 725
-
-
total
13 105
14 725
-
-
Dividends
132 510
148 882
-
-
social contributions
25 726
28 918
-
-
withholding
25 177
28 288
-
-
total
50 903
57 206
-
-
Income
175 500
175 500
175 500
175 500
Total tax
76 569
76 930
73 761
53 923
After tax
98 931
98 570
101 739
121 577
Living cost
17 324
17 324
17 324
17 324
Free-cash
81 607
81 246
84 415
104 253

Estimated living cost  is ₽17324 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽346
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111704
₽78329
₽117575
₽71240
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
health
-
-
-
22 816
income
-
-
-
23 517
pensions
-
-
-
35 102
total
-
-
-
81 435
Employee
26 808
-
131 165
-
unemployment
429
-
2 098
-
pensions
536
-
2 624
-
income
3 018
-
25 289
-
total
3 983
-
30 011
-
Employer
26 808
-
131 165
-
pensions
5 362
-
26 234
-
health
3 484
-
17 052
-
unemployment
215
-
1 049
-
total
9 061
-
44 335
-
Corporate
139 631
175 500
-
-
income
27 927
35 100
-
-
total
27 927
35 100
-
-
Dividends
111 704
140 400
-
-
total
-
-
-
-
Income
175 500
175 500
175 500
175 500
Total tax
40 971
35 100
74 346
81 435
After tax
134 529
140 400
101 154
94 065
Living cost
22 825
22 825
22 825
22 825
Free-cash
111 704
117 575
78 329
71 240

Estimated living cost  is ₽22825 per week

₽15655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1359
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11005
₽74672
-₽6718
₽99011
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
health
-
-
-
2 075
income
-
-
-
48 929
pensions
-
-
-
3 959
other
-
-
-
353
total
-
-
-
55 556
Employee
32 928
-
158 488
-
pensions
3 708
-
7 259
-
health
3 770
-
18 147
-
income
4 517
-
37 476
-
total
11 995
-
62 882
-
Employer
32 928
-
158 488
-
pensions
5 354
-
10 483
-
unemployment
807
-
3 883
-
accident
550
-
2 647
-
total
6 711
-
17 013
-
Corporate
135 861
175 500
-
-
income

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

122 275
157 950
-
-
total
122 275
157 950
-
-
Dividends
13 586
17 550
-
-
withholding
2 581
3 335
-
-
total
2 581
3 335
-
-
Income
175 500
175 500
175 500
175 500
Total tax
143 562
161 285
79 895
55 556
After tax
31 938
14 215
95 605
119 944
Living cost
20 932
20 932
20 932
20 932
Free-cash
11 005
-6 718
74 672
99 011

Estimated living cost  is ₽20932 per week

₽15342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157524
₽132652
₽158977
₽165997
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
175 500
microenterprise

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

-
-
-
1 755
total
-
-
-
1 755
Employee
9 684
-
175 500
-
income
1 937
-
35 100
-
total
1 937
-
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%.

165 816
175 500
-
-
total
-
-
-
-
Dividends
165 816
175 500
-
-
withholding
8 291
8 775
-
-
total
8 291
8 775
-
-
Income
175 500
175 500
175 500
175 500
Total tax
10 228
8 775
35 100
1 755
After tax
165 272
166 725
140 400
173 745
Living cost
7 748
7 748
7 748
7 748
Free-cash
157 524
158 977
132 652
165 997

Estimated living cost  is ₽7748 per week

₽4801
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97378
₽74070
₽103760
₽74716
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
health
-
-
-
6 323
income
-
-
-
27 968
pensions

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

-
-
-
34 488
other
-
-
-
6 825
total
-
-
-
75 604
Employee
34 311
-
140 176
-
unemployment
343
-
1 402
-
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.

2 401
-
9 813
-
health
481
-
1 962
-
income
5 907
-
27 751
-
total
9 132
-
40 928
-
Employer
34 311
-
140 176
-
pensions

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

5 834
-
23 829
-
other
1 716
-
7 008
-
health
481
-
1 962
-
unemployment
343
-
1 402
-
accident
274
-
1 121
-
total
8 648
-
35 322
-
Corporate
132 542
175 500
-
-
income
27 833
36 855
-
-
total
27 833
36 855
-
-
Dividends
104 708
138 645
-
-
withholding
7 329
9 705
-
-
total
7 329
9 705
-
-
Income
175 500
175 500
175 500
175 500
Total tax
52 942
46 560
76 250
75 604
After tax
122 558
128 940
99 250
99 896
Living cost
25 180
25 180
25 180
25 180
Free-cash
97 378
103 760
74 070
74 716

Estimated living cost  is ₽25180 per week

₽17791
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57051
₽37842
₽51736
₽53654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
51 521
pensions
-
-
-
8 565
total
-
-
-
60 086
Employee
87 381
-
153 190
-
pensions
8 430
-
10 442
-
health
1 440
-
2 170
-
income
15 751
-
40 978
-
total
25 621
-
53 590
-
Employer
87 381
-
153 190
-
pensions
10 317
-
19 398
-
health
1 660
-
2 910
-
total
11 977
-
22 308
-
Corporate
76 142
175 500
-
-
income

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

14 466
33 345
-
-
total
14 466
33 345
-
-
Dividends
61 676
142 155
-
-
withholding
4 625
28 659
-
-
total
4 625
28 659
-
-
Income
175 500
175 500
175 500
175 500
Total tax
56 689
62 004
75 898
60 086
After tax
118 811
113 496
99 602
115 414
Living cost
61 760
61 760
61 760
61 760
Free-cash
57 051
51 736
37 842
53 654

Estimated living cost  is ₽61760 per week

₽46278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽133376
₽135094
₽137740
₽128104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
health
-
-
-
3 772
income
-
-
-
26 325
pensions

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

-
-
-
4 855
unemployment
-
-
-
131
total
-
-
-
35 083
Employee
16 304
-
169 064
-
accident

We are using the highest rate at 1.1%.

180
-
361
-
pensions

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

1 432
-
2 880
-
health
750
-
1 509
-
income
1 630
-
16 907
-
total
3 992
-
21 657
-
Employer
16 304
-
169 064
-
pensions

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

1 797
-
3 615
-
health
1 125
-
2 263
-
unemployment
97
-
197
-
accident

We are using the highest rate at 1.1%.

180
-
361
-
total
3 199
-
6 436
-
Corporate
155 997
175 500
-
-
income
15 600
17 550
-
-
total
15 600
17 550
-
-
Dividends
140 397
157 950
-
-
withholding
7 020
7 897
-
-
total
7 020
7 897
-
-
Income
175 500
175 500
175 500
175 500
Total tax
29 811
25 447
28 093
35 083
After tax
145 689
150 053
147 407
140 417
Living cost
12 313
12 313
12 313
12 313
Free-cash
133 376
137 740
135 094
128 104

Estimated living cost  is ₽12313 per week

₽7189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37001
₽58229
₽34624
₽43861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
health
-
-
-
11 653
income
-
-
-
56 514
pensions
-
-
-
11 072
total
-
-
-
79 239
Employee
87 611
80 697
157 938
-
pensions
11 072
11 072
11 072
-
health
10 930
10 535
11 653
-
income

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

13 209
13 209
24 585
-
total
35 211
34 816
47 310
-
Employer
87 611
80 697
157 938
-
pensions
6 097
5 617
6 981
-
health
6 088
5 609
6 970
-
unemployment
3 154
2 905
3 610
-
total
15 339
14 131
17 561
-
Corporate
72 549
80 672
-
-
income
14 509
16 134
-
-
total
14 509
16 134
-
-
Dividends
58 040
64 538
-
-
income
12 334
13 715
-
-
withholding
8 706
9 680
-
-
total
21 040
23 395
-
-
Income
175 500
175 500
175 500
175 500
Total tax
86 099
88 476
64 871
79 239
After tax
89 401
87 024
110 629
96 261
Living cost
52 400
52 400
52 400
52 400
Free-cash
37 001
34 624
58 229
43 861

Estimated living cost  is ₽52400 per week

₽38654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89165
₽69291
₽97492
₽76926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
social contributions
-
-
-
33 585
health
-
-
-
23 692
income
-
-
-
17 733
solidarity contribution
-
-
-
224
total
-
-
-
75 234
Employee
34 323
-
134 629
-
solidarity contribution
-
-
-
-
health
4 634
-
18 175
-
social contributions
2 231
-
7 476
-
income
4 119
-
16 347
-
total
10 984
-
41 998
-
Employer
34 323
-
134 629
-
health
3 089
-
12 117
-
social contributions
8 581
-
28 754
-
total
11 670
-
40 871
-
Corporate
129 507
175 500
-
-
income
24 606
33 345
-
-
total
24 606
33 345
-
-
Dividends
104 901
142 155
-
-
withholding
15 735
21 323
-
-
total
15 735
21 323
-
-
Income
175 500
175 500
175 500
175 500
Total tax
62 995
54 668
82 869
75 234
After tax
112 505
120 832
92 631
100 266
Living cost
23 340
23 340
23 340
23 340
Free-cash
89 165
97 492
69 291
76 926

Estimated living cost  is ₽23340 per week

₽16212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1660
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48828
₽35543
₽53761
₽43472
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 044
regional
-
-
-
2 081
national
-
-
-
43 890
total
-
-
-
92 153
Employee
83 984
-
175 500
-
regional
792
-
1 839
-
municipal
445
-
931
-
national
14 552
-
38 134
-
social contributions
28 319
-
59 178
-
total
44 108
-
100 082
-
Employer
83 984
-
175 500
-
total
-
-
-
-
Corporate
91 516
175 500
-
-
municipal
3 569
6 845
-
-
nationa
21 964
42 120
-
-
total
25 533
48 965
-
-
Dividends
65 984
126 535
-
-
withholding
17 156
32 899
-
-
total
17 156
32 899
-
-
Income
175 500
175 500
175 500
175 500
Total tax
86 797
81 864
100 082
92 153
After tax
88 703
93 636
75 418
83 347
Living cost
39 875
39 875
39 875
39 875
Free-cash
48 828
53 761
35 543
43 472

Estimated living cost  is ₽39875 per week

₽27796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2615
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86595
₽56303
₽89538
₽62077
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
health
-
-
-
8 954
income
-
-
-
50 228
surtax
-
-
-
7 950
pensions
-
-
-
25 224
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
92 571
Employee
31 250
-
148 952
-
unemployment
2 175
-
8 778
-
pensions
2 084
-
8 412
-
health
798
-
3 215
-
income
5 238
-
44 575
-
other
-
-
-
-
surtax
102
-
6 818
-
total
10 397
-
71 798
-
Employer
31 250
-
148 952
-
pensions
4 166
-
16 812
-
other
-
-
-
-
health
1 422
-
5 738
-
unemployment
990
-
3 997
-
total
6 578
-
26 547
-
Corporate
137 672
175 500
-
-
income
35 796
45 630
-
-
total
35 796
45 630
-
-
Dividends
101 877
129 870
-
-
withholding
15 282
19 480
-
-
total
15 282
19 480
-
-
Income
175 500
175 500
175 500
175 500
Total tax
68 053
65 110
98 345
92 571
After tax
107 447
110 390
77 155
82 929
Living cost
20 852
20 852
20 852
20 852
Free-cash
86 595
89 538
56 303
62 077

Estimated living cost  is ₽20852 per week

₽12750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1924
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.
₽5697
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77404
₽57409
₽71303
₽73221
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
51 521
pensions
-
-
-
8 565
total
-
-
-
60 086
Employee
58 560
-
153 190
-
pensions
4 970
-
10 442
-
health
850
-
2 170
-
income
10 547
-
40 978
-
total
16 367
-
53 590
-
Employer
58 560
-
153 190
-
pensions
6 339
-
19 398
-
health
1 112
-
2 910
-
total
7 451
-
22 308
-
Corporate
109 488
175 500
-
-
income

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

20 803
33 345
-
-
total
20 803
33 345
-
-
Dividends
88 685
142 155
-
-
withholding
11 282
28 659
-
-
total
11 282
28 659
-
-
Income
175 500
175 500
175 500
175 500
Total tax
55 903
62 004
75 898
60 086
After tax
119 597
113 496
99 602
115 414
Living cost
42 193
42 193
42 193
42 193
Free-cash
77 404
71 303
57 409
73 221

Estimated living cost  is ₽42193 per week

₽31611
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽37479
₽58987
₽5492
₽66936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
health
-
-
-
396
pensions
-
-
-
16 146
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.

-
-
-
3 510
regional
-
-
-
8 798
city
-
-
-
1 849
national
-
-
-
3 106
total
-
-
-
33 805
Employee
87 487
-
157 083
-
unemployment
-
-
-
-
pensions
7 350
-
13 195
-
regional
2 865
-
7 571
-
national
414
-
2 258
-
health
198
-
353
-
city
939
-
1 688
-
total
11 766
-
25 065
-
Employer
87 487
-
157 083
-
pensions
7 350
-
13 195
-
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.

1 749
-
3 141
-
health
198
-
353
-
unemployment
-
-
-
-
total
9 297
-
16 689
-
Corporate
77 754
175 500
-
-
regional
16 445
37 119
-
-
national
6 609
14 917
-
-
total
23 054
52 036
-
-
Dividends
54 700
123 464
-
-
withholding
19 145
43 213
-
-
total
19 145
43 213
-
-
Income
175 500
175 500
175 500
175 500
Total tax
63 262
95 249
41 754
33 805
After tax
112 238
80 251
133 746
141 695
Living cost
74 759
74 759
74 759
74 759
Free-cash
37 479
5 492
58 987
66 936

Estimated living cost  is ₽74759 per week

₽48614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽918
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽58729
₽67461
₽43406
₽44898
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
175 500
health

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

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

-
-
-
6 456
trade
-
-
-
22 563
income

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

-
-
-
55 253
surtax

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

-
-
-
3 040
total
-
-
-
87 312
Employee

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

56 791
-
175 500
-
health

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

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

6 456
-
6 456
-
income

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

6 678
-
55 253
-
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.

368
-
3 040
-
total
13 502
-
64 749
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
118 709
175 500
-
-
income
17 805
26 325
-
-
chamber of commerce
310
391
-
-
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.

979
1 447
-
-
trade
20 359
30 098
-
-
total
39 453
58 261
-
-
Dividends
79 255
117 238
-
-
surtax

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

1 071
1 592
-
-
withholding
19 455
28 951
-
-
total
20 526
30 543
-
-
Income
175 500
175 500
175 500
175 500
Total tax
73 481
88 804
64 749
87 312
After tax
102 019
86 696
110 751
88 188
Living cost
43 290
43 290
43 290
43 290
Free-cash
58 729
43 406
67 461
44 898

Estimated living cost  is ₽43290 per week

₽31617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3463
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.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61701
₽63079
₽56122
₽66421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 001
health
-
-
-
7 704
income
-
-
-
28 172
surtax
-
-
-
-
pensions
-
-
-
30 430
other
-
-
-
5 441
total
-
-
-
76 748
Employee
40 444
-
135 487
-
pensions
4 573
-
9 560
-
social contributions
1 153
-
3 861
-
income
2 387
-
26 655
-
surtax
-
-
-
-
total
8 113
-
40 076
-
Employer
40 444
-
135 487
-
pensions
6 644
-
16 072
-
other
1 395
-
5 345
-
health
2 832
-
12 703
-
unemployment
1 637
-
5 487
-
social contributions
122
-
407
-
total
12 630
-
40 014
-
Corporate
122 426
175 500
-
-
income
34 280
49 139
-
-
surtax
-
-
-
-
total
34 280
49 139
-
-
Dividends
88 146
126 361
-
-
surtax
-
-
-
-
social contributions
15 162
21 734
-
-
withholding
11 283
16 174
-
-
total
26 445
37 908
-
-
Income
175 500
175 500
175 500
175 500
Total tax
81 468
87 047
80 090
76 748
After tax
94 032
88 453
95 410
98 752
Living cost
32 331
32 331
32 331
32 331
Free-cash
61 701
56 122
63 079
66 421

Estimated living cost  is ₽32331 per week

₽20386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64574
₽66282
₽59325
₽69624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 001
health
-
-
-
7 704
income
-
-
-
28 172
surtax
-
-
-
-
pensions
-
-
-
30 430
other
-
-
-
5 441
total
-
-
-
76 748
Employee
36 102
-
135 487
-
pensions
4 083
-
9 560
-
social contributions
1 029
-
3 861
-
income
1 861
-
26 655
-
surtax
-
-
-
-
total
6 973
-
40 076
-
Employer
36 102
-
135 487
-
pensions
5 932
-
16 072
-
other
1 246
-
5 345
-
health
2 527
-
12 703
-
unemployment
1 462
-
5 487
-
social contributions
108
-
407
-
total
11 275
-
40 014
-
Corporate
128 124
175 500
-
-
income
35 874
49 139
-
-
surtax
-
-
-
-
total
35 874
49 139
-
-
Dividends
92 250
126 361
-
-
surtax
-
-
-
-
social contributions
15 867
21 734
-
-
withholding
11 809
16 174
-
-
total
27 676
37 908
-
-
Income
175 500
175 500
175 500
175 500
Total tax
81 798
87 047
80 090
76 748
After tax
93 702
88 453
95 410
98 752
Living cost
29 128
29 128
29 128
29 128
Free-cash
64 574
59 325
66 282
69 624

Estimated living cost  is ₽29128 per week

₽16893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87523
₽88785
₽87034
₽92669
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
social contributions
-
-
-
24 218
health
-
-
-
12 250
income
-
-
-
26 325
total
-
-
-
62 793
Employee
32 040
-
175 500
-
health
2 236
-
12 250
-
social contributions
4 422
-
24 218
-
income
5 344
-
30 209
-
total
12 002
-
66 677
-
Employer
32 040
-
175 500
-
total
-
-
-
-
Corporate
143 460
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%.

7 173
8 774
-
-
total
7 173
8 774
-
-
Dividends
136 287
166 726
-
-
health
9 513
11 637
-
-
social contributions
18 808
23 008
-
-
withholding
20 443
25 009
-
-
total
48 764
59 654
-
-
Income
175 500
175 500
175 500
175 500
Total tax
67 939
68 428
66 677
62 793
After tax
107 561
107 072
108 823
112 707
Living cost
20 038
20 038
20 038
20 038
Free-cash
87 523
87 034
88 785
92 669

Estimated living cost  is ₽20038 per week

₽13410
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62259
₽13102
₽63717
₽56802
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
health
-
-
-
8 445
surtax
-
-
-
187
income
-
-
-
49 848
chamber of commerce
-
-
-
701
pensions
-
-
-
20 424
unemployment
-
-
-
5 796
total
-
-
-
85 401
Employee
47 226
37 659
141 286
-
unemployment
1 417
1 130
3 312
-
pensions
4 836
3 856
11 305
-
health
1 827
1 458
4 272
-
income
5 376
2 778
40 467
-
other
472
377
1 105
-
total
13 928
9 599
60 461
-
Employer
47 226
37 659
141 286
-
chamber of commerce
188
151
565
-
pensions
5 927
4 727
13 855
-
other
2 243
1 788
6 449
-
health
1 784
1 424
4 173
-
unemployment
1 417
1 130
3 312
-
accident
613
490
1 435
-
surtax
187
187
187
-
payroll
1 417
1 130
4 239
-
total
13 776
11 027
34 215
-
Corporate
114 498
126 816
137 700
-
income

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

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

28 624
31 703
34 425
-
total
28 624
31 703
34 425
-
Dividends
85 874
95 113
-
-
withholding
23 616
26 157
-
-
total
23 616
26 157
-
-
Income
175 500
175 500
175 500
175 500
Total tax
79 944
78 486
129 101
85 401
After tax
95 556
97 014
46 399
90 099
Living cost
33 297
33 297
33 297
33 297
Free-cash
62 259
63 717
13 102
56 802

Estimated living cost  is ₽33297 per week

₽22208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49504
₽26828
₽63678
₽41689
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
social contributions
-
-
-
23 560
communal

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

-
-
-
9 117
national
-
-
-
66 679
total
-
-
-
99 356
Employee

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

67 595
-
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.

588
-
1 182
-
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.

5 070
-
10 195
-
national
20 781
-
49 792
-
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.

3 176
-
6 389
-
communal

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

3 526
-
7 091
-
total
33 141
-
74 649
-
Employer

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

67 595
-
135 931
-
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.

5 990
-
12 044
-
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.

4 157
-
8 358
-
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.

986
-
1 985
-
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.

879
-
1 766
-
surtax
7 664
-
15 415
-
total
19 676
-
39 568
-
Corporate
88 229
175 500
-
-
income
17 646
35 100
-
-
surtax
353
701
-
-
total
17 999
35 801
-
-
Dividends
70 230
139 699
-
-
withholding

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

20 725
41 566
-
-
total
20 725
41 566
-
-
Income
175 500
175 500
175 500
175 500
Total tax
91 541
77 367
114 217
99 356
After tax
83 959
98 133
61 283
76 144
Living cost
34 455
34 455
34 455
34 455
Free-cash
49 504
63 678
26 828
41 689

Estimated living cost  is ₽34455 per week

₽22194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76272
₽60296
₽82746
₽64261
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
789
income
-
-
-
50 835
pensions
-
-
-
24 787
other
-
-
-
88
unemployment
-
-
-
613
total
-
-
-
77 112
Employee
47 039
-
147 577
-
unemployment
730
-
1 358
-
pensions
2 211
-
4 117
-
income
9 925
-
47 591
-
other
47
-
88
-
total
12 913
-
53 154
-
Employer
47 039
-
147 577
-
pensions
11 100
-
20 671
-
other
375
-
701
-
unemployment
2 588
-
4 817
-
accident
931
-
1 734
-
total
14 994
-
27 923
-
Corporate
113 468
175 500
-
-
income

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

17 020
26 325
-
-
total
17 020
26 325
-
-
Dividends
96 448
149 175
-
-
withholding
20 174
32 302
-
-
total
20 174
32 302
-
-
Income
175 500
175 500
175 500
175 500
Total tax
65 101
58 627
81 077
77 112
After tax
110 399
116 873
94 423
98 388
Living cost
34 127
34 127
34 127
34 127
Free-cash
76 272
82 746
60 296
64 261

Estimated living cost  is ₽34127 per week

₽25131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2421
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.
₽6083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38287
₽41398
₽50672
₽34402
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 479
health
-
-
-
12 331
income
-
-
-
29 836
surtax
-
-
-
8 701
pensions
-
-
-
26 306
communal
-
-
-
11 091
total
-
-
-
89 744
Employee
71 562
-
156 766
-
pensions
5 724
-
12 540
-
health
3 185
-
6 978
-
income
6 912
-
34 889
-
surtax
4 386
-
9 607
-
total
20 207
-
64 014
-
Employer
71 562
-
156 766
-
pensions
5 724
-
12 540
-
health
2 182
-
4 783
-
accident
644
-
1 411
-
total
8 550
-
18 734
-
Corporate
95 387
175 500
-
-
income
14 309
26 325
-
-
communal
6 438
11 846
-
-
surtax
1 002
1 843
-
-
total
21 749
40 014
-
-
Dividends
73 638
135 485
-
-
income
24 306
13 137
-
-
withholding
11 047
20 323
-
-
total
35 353
33 460
-
-
Income
175 500
175 500
175 500
175 500
Total tax
85 859
73 474
82 748
89 744
After tax
89 641
102 026
92 752
85 756
Living cost
51 354
51 354
51 354
51 354
Free-cash
38 287
50 672
41 398
34 402

Estimated living cost  is ₽51354 per week

₽38523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86158
₽55930
₽89165
₽61704
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
health
-
-
-
8 954
income
-
-
-
50 228
surtax
-
-
-
7 950
pensions
-
-
-
25 224
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
92 571
Employee
31 824
-
148 952
-
unemployment
2 215
-
8 778
-
pensions
2 123
-
8 412
-
health
812
-
3 215
-
income
5 335
-
44 575
-
other
-
-
-
-
surtax
113
-
6 818
-
total
10 598
-
71 798
-
Employer
31 824
-
148 952
-
pensions
4 243
-
16 812
-
other
-
-
-
-
health
1 447
-
5 738
-
unemployment
1 010
-
3 997
-
total
6 700
-
26 547
-
Corporate
136 977
175 500
-
-
income
35 614
45 630
-
-
total
35 614
45 630
-
-
Dividends
101 362
129 870
-
-
withholding
15 205
19 480
-
-
total
15 205
19 480
-
-
Income
175 500
175 500
175 500
175 500
Total tax
68 117
65 110
98 345
92 571
After tax
107 383
110 390
77 155
82 929
Living cost
21 225
21 225
21 225
21 225
Free-cash
86 158
89 165
55 930
61 704

Estimated living cost  is ₽21225 per week

₽12815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64693
₽49440
₽66790
₽57326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 044
regional
-
-
-
2 646
national
-
-
-
43 890
total
-
-
-
92 718
Employee
52 419
-
175 500
-
regional
706
-
2 361
-
municipal
278
-
931
-
national
8 305
-
38 134
-
social contributions
17 676
-
59 178
-
total
26 965
-
100 604
-
Employer
52 419
-
175 500
-
total
-
-
-
-
Corporate
123 081
175 500
-
-
municipal
6 117
8 722
-
-
nationa
29 539
42 120
-
-
total
35 656
50 842
-
-
Dividends
87 425
124 657
-
-
withholding
22 730
32 412
-
-
total
22 730
32 412
-
-
Income
175 500
175 500
175 500
175 500
Total tax
85 351
83 254
100 604
92 718
After tax
90 149
92 246
74 896
82 782
Living cost
25 456
25 456
25 456
25 456
Free-cash
64 693
66 790
49 440
57 326

Estimated living cost  is ₽25456 per week

₽15831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81810
₽63870
₽92071
₽71505
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
social contributions
-
-
-
33 585
health
-
-
-
23 692
income
-
-
-
17 733
solidarity contribution
-
-
-
224
total
-
-
-
75 234
Employee
42 295
-
134 629
-
solidarity contribution
-
-
-
-
health
5 710
-
18 175
-
social contributions
2 749
-
7 476
-
income
5 075
-
16 347
-
total
13 534
-
41 998
-
Employer
42 295
-
134 629
-
health
3 807
-
12 117
-
social contributions
10 574
-
28 754
-
total
14 381
-
40 871
-
Corporate
118 825
175 500
-
-
income
22 577
33 345
-
-
total
22 577
33 345
-
-
Dividends
96 248
142 155
-
-
withholding
14 437
21 323
-
-
total
14 437
21 323
-
-
Income
175 500
175 500
175 500
175 500
Total tax
64 929
54 668
82 869
75 234
After tax
110 571
120 832
92 631
100 266
Living cost
28 761
28 761
28 761
28 761
Free-cash
81 810
92 071
63 870
71 505

Estimated living cost  is ₽28761 per week

₽21388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1593
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.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66505
₽16301
₽66969
₽60138
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
health
-
-
-
8 445
surtax
-
-
-
-
income
-
-
-
49 848
chamber of commerce
-
-
-
701
pensions
-
-
-
20 424
unemployment
-
-
-
5 796
total
-
-
-
85 214
Employee
41 308
37 659
141 458
-
unemployment
1 239
1 130
3 312
-
pensions
4 230
3 856
11 305
-
health
1 598
1 458
4 272
-
income
3 680
2 778
40 549
-
other
412
377
1 105
-
total
11 159
9 599
60 543
-
Employer
41 308
37 659
141 458
-
chamber of commerce
165
151
567
-
pensions
5 184
4 727
13 855
-
other
1 962
1 788
6 454
-
health
1 562
1 424
4 173
-
unemployment
1 239
1 130
3 312
-
accident
536
490
1 435
-
surtax
-
-
-
-
payroll
1 239
1 130
4 243
-
total
11 887
10 840
34 039
-
Corporate
122 305
127 003
137 875
-
income

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

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

30 575
31 750
34 469
-
total
30 575
31 750
34 469
-
Dividends
91 729
95 253
-
-
withholding
25 226
26 194
-
-
total
25 226
26 194
-
-
Income
175 500
175 500
175 500
175 500
Total tax
78 847
78 383
129 051
85 214
After tax
96 653
97 117
46 449
90 286
Living cost
30 148
30 148
30 148
30 148
Free-cash
66 505
66 969
16 301
60 138

Estimated living cost  is ₽30148 per week

₽18085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3079
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8446
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152389
₽128327
₽154652
₽161672
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 092
-
175 500
-
income
3 018
-
35 100
-
total
3 018
-
35 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

160 408
175 500
-
-
total
-
-
-
-
Dividends
160 408
175 500
-
-
withholding
8 020
8 775
-
-
total
8 020
8 775
-
-
Income
175 500
175 500
175 500
175 500
Total tax
11 038
8 775
35 100
1 755
After tax
164 462
166 725
140 400
173 745
Living cost
12 073
12 073
12 073
12 073
Free-cash
152 389
154 652
128 327
161 672

Estimated living cost  is ₽12073 per week

₽8170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87581
₽55260
₽95486
₽59910
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
175 500
health
-
-
-
17 269
income
-
-
-
40 660
pensions
-
-
-
32 051
unemployment
-
-
-
264
total
-
-
-
90 244
Employee

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

41 787
-
151 856
-
unemployment
59
-
213
-
pensions
6 477
-
23 539
-
health
2 699
-
9 811
-
income
7 206
-
37 687
-
total
16 441
-
71 250
-
Employer

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

41 787
-
151 856
-
pensions
3 698
-
13 439
-
health
2 783
-
10 114
-
unemployment
25
-
91
-
total
6 506
-
23 644
-
Corporate
127 207
175 500
-
-
income
24 170
33 344
-
-
total
24 170
33 344
-
-
Dividends
103 037
142 156
-
-
withholding
15 456
21 324
-
-
total
15 456
21 324
-
-
Income
175 500
175 500
175 500
175 500
Total tax
62 573
54 668
94 894
90 244
After tax
112 927
120 832
80 606
85 256
Living cost
25 346
25 346
25 346
25 346
Free-cash
87 581
95 486
55 260
59 910

Estimated living cost  is ₽25346 per week

₽17395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1625
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.
₽5837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20897
₽122198
₽65926
₽80437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
social contributions
-
-
-
20 007
income
-
-
-
34 208
total
-
-
-
54 215
Employee
58 570
-
-
-
social contributions
4 803
-
684
-
income
12 919
-
-
-
total
17 722
-
684
-
Employer
58 570
-
-
-
social contributions
82 583
-
11 770
-
total
82 583
-
11 770
-
Corporate
34 347
175 500
-
-
income
7 556
38 610
-
-
total
7 556
38 610
-
-
Dividends
26 790
136 890
-
-
income
5 894
30 116
-
-
total
5 894
30 116
-
-
Income
175 500
175 500
175 500
175 500
Total tax
113 755
68 726
12 454
54 215
After tax
61 745
106 774
163 046
121 285
Living cost
40 848
40 848
40 848
40 848
Free-cash
20 897
65 926
122 198
80 437

Estimated living cost  is ₽40848 per week

₽26504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69232
₽50461
₽70183
₽63767
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
175 500
social contributions

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

-
-
-
60 986
income
-
-
-
21 106
surtax
-
-
-
-
total
-
-
-
82 092
Employee
43 462
-
141 819
-
social contributions
4 781
-
15 600
-
income
9 040
-
46 117
-
surtax
-
-
-
-
total
13 821
-
61 717
-
Employer
43 462
-
141 819
-
social contributions
10 322
-
33 681
-
total
10 322
-
33 681
-
Corporate
121 716
175 500
-
-
income
25 560
36 855
-
-
surtax
-
-
-
-
total
25 560
36 855
-
-
Dividends
96 157
138 645
-
-
withholding
26 924
38 821
-
-
total
26 924
38 821
-
-
Income
175 500
175 500
175 500
175 500
Total tax
76 627
75 676
95 398
82 092
After tax
98 873
99 824
80 102
93 408
Living cost
29 641
29 641
29 641
29 641
Free-cash
69 232
70 183
50 461
63 767

Estimated living cost  is ₽29641 per week

₽22177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49305
₽49769
₽42812
₽53111
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 001
health
-
-
-
7 704
income
-
-
-
28 172
surtax
-
-
-
-
pensions
-
-
-
30 430
other
-
-
-
5 441
total
-
-
-
76 748
Employee
59 186
-
135 487
-
pensions
6 694
-
9 560
-
social contributions
1 686
-
3 861
-
income
5 164
-
26 655
-
surtax
-
-
-
-
total
13 544
-
40 076
-
Employer
59 186
-
135 487
-
pensions
9 725
-
16 072
-
other
2 043
-
5 345
-
health
4 142
-
12 703
-
unemployment
2 398
-
5 487
-
social contributions
178
-
407
-
total
18 486
-
40 014
-
Corporate
97 829
175 500
-
-
income
27 392
49 139
-
-
surtax
-
-
-
-
total
27 392
49 139
-
-
Dividends
70 437
126 361
-
-
surtax
-
-
-
-
social contributions
12 115
21 734
-
-
withholding
9 017
16 174
-
-
total
21 132
37 908
-
-
Income
175 500
175 500
175 500
175 500
Total tax
80 554
87 047
80 090
76 748
After tax
94 946
88 453
95 410
98 752
Living cost
45 641
45 641
45 641
45 641
Free-cash
49 305
42 812
49 769
53 111

Estimated living cost  is ₽45641 per week

₽30889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3734
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.
₽10392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126370
₽105198
₽129543
₽100533
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 611
income
-
-
-
7 950
total
-
-
-
46 561
Employee
30 380
-
151 949
-
social contributions
1 974
-
9 877
-
income
-
-
8 468
-
total
1 974
-
18 345
-
Employer
30 380
-
151 949
-
social contributions
4 709
-
23 551
-
total
4 709
-
23 551
-
Corporate
140 411
175 500
-
-
income
14 041
17 551
-
-
total
14 041
17 551
-
-
Dividends
126 369
157 949
-
-
total
-
-
-
-
Income
175 500
175 500
175 500
175 500
Total tax
20 724
17 551
41 896
46 561
After tax
154 776
157 949
133 604
128 939
Living cost
28 406
28 406
28 406
28 406
Free-cash
126 370
129 543
105 198
100 533

Estimated living cost  is ₽28406 per week

₽18367
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29102
-₽29102
-₽29102
₽57697
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
36 857
pensions
-
-
-
814
labour market
-
-
-
13 975
national
-
-
-
20 931
total
-
-
-
72 577
Employee
190 887
190 887
190 887
-
pensions
271
271
271
-
municipal
40 648
40 648
40 648
-
national
23 320
23 320
23 320
-
labour market
15 249
15 249
15 249
-
total
79 488
79 488
79 488
-
Employer
190 887
190 887
190 887
-
municipal
40 713
40 713
40 713
-
pensions
543
543
543
-
national
23 361
23 361
23 361
-
labour market
15 271
15 271
15 271
-
total
79 888
79 888
79 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
175 500
175 500
175 500
175 500
Total tax
159 376
159 376
159 376
72 577
After tax
16 124
16 124
16 124
102 923
Living cost
45 226
45 226
45 226
45 226
Free-cash
-29 102
-29 102
-29 102
57 697

Estimated living cost  is ₽45226 per week

₽30953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽696
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11052
₽74981
-₽6409
₽99320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
health
-
-
-
2 075
income
-
-
-
48 929
pensions
-
-
-
3 959
other
-
-
-
353
total
-
-
-
55 556
Employee
32 443
-
158 488
-
pensions
3 653
-
7 259
-
health
3 715
-
18 147
-
income
4 451
-
37 476
-
total
11 819
-
62 882
-
Employer
32 443
-
158 488
-
pensions
5 275
-
10 483
-
unemployment
795
-
3 883
-
accident
542
-
2 647
-
total
6 612
-
17 013
-
Corporate
136 446
175 500
-
-
income

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

122 801
157 950
-
-
total
122 801
157 950
-
-
Dividends
13 644
17 550
-
-
withholding
2 592
3 335
-
-
total
2 592
3 335
-
-
Income
175 500
175 500
175 500
175 500
Total tax
143 824
161 285
79 895
55 556
After tax
31 676
14 215
95 605
119 944
Living cost
20 624
20 624
20 624
20 624
Free-cash
11 052
-6 409
74 981
99 320

Estimated living cost  is ₽20624 per week

₽15012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75725
₽55212
₽73129
₽75602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 308
municipal
-
-
-
31 174
national
-
-
-
30 136
total
-
-
-
63 618
Employee
49 717
-
147 641
-
unemployment
746
-
2 215
-
pensions
3 355
-
9 965
-
municipal
8 143
-
24 044
-
national
821
-
18 047
-
health
371
-
1 879
-
total
13 436
-
56 150
-
Employer
49 717
-
147 641
-
pensions
8 626
-
25 615
-
health
382
-
1 137
-
unemployment
323
-
959
-
accident
50
-
147
-
total
9 381
-
27 858
-
Corporate
116 402
175 500
-
-
income
23 280
35 100
-
-
total
23 280
35 100
-
-
Dividends

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

69 841
105 300
-
-
national
4 827
12 036
-
-
municipal
12 571
18 955
-
-
total
17 398
30 991
-
-
Income
175 500
175 500
175 500
175 500
Total tax
63 495
66 091
84 008
63 618
After tax
112 005
109 409
91 492
111 882
Living cost
36 280
36 280
36 280
36 280
Free-cash
75 725
73 129
55 212
75 602

Estimated living cost  is ₽36280 per week

₽23698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100978
₽96104
₽106120
₽97623
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
social contributions
-
-
-
15 289
health
-
-
-
4 476
income
-
-
-
36 233
total
-
-
-
55 998
Employee
72 664
72 664
164 326
-
health
563
1 236
2 794
-
social contributions
2 747
6 031
8 134
-
income
7 912
6 727
35 415
-
total
11 222
13 994
46 343
-
Employer
72 664
72 664
164 326
-
health
612
1 345
3 040
-
social contributions
2 747
6 031
8 134
-
total
3 359
7 376
11 174
-
Corporate
139 040
95 460
-
-
income
17 380
11 932
-
-
total
17 380
11 932
-
-
Dividends
121 660
83 528
-
-
withholding
20 682
14 199
-
-
total
20 682
14 199
-
-
Income
175 500
175 500
175 500
175 500
Total tax
52 643
47 501
57 517
55 998
After tax
122 857
127 999
117 983
119 502
Living cost
21 879
21 879
21 879
21 879
Free-cash
100 978
106 120
96 104
97 623

Estimated living cost  is ₽21879 per week

₽13112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125520
₽114155
₽130329
₽133108
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
175 500
health
-
-
-
3 420
income
-
-
-
17 931
pensions
-
-
-
6 011
unemployment
-
-
-
27
total
-
-
-
27 389
Employee

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

21 690
-
166 265
-
unemployment
108
-
448
-
pensions
3 253
-
13 450
-
health
1 843
-
7 621
-
income
1 483
-
15 587
-
total
6 687
-
37 106
-
Employer

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

21 690
-
166 265
-
pensions
1 193
-
4 932
-
health
933
-
3 856
-
unemployment
108
-
448
-
total
2 234
-
9 236
-
Corporate
151 577
175 500
-
-
income
13 641
15 795
-
-
total
13 641
15 795
-
-
Dividends
137 935
159 705
-
-
withholding
12 415
14 373
-
-
total
12 415
14 373
-
-
Income
175 500
175 500
175 500
175 500
Total tax
34 977
30 168
46 342
27 389
After tax
140 523
145 332
129 158
148 111
Living cost
15 003
15 003
15 003
15 003
Free-cash
125 520
130 329
114 155
133 108

Estimated living cost  is ₽15003 per week

₽9572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1081
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3902
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86715
₽68437
₽90887
₽72402
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
789
income
-
-
-
50 835
pensions
-
-
-
24 787
other
-
-
-
88
unemployment
-
-
-
613
total
-
-
-
77 112
Employee
34 941
-
147 577
-
unemployment
542
-
1 358
-
pensions
1 643
-
4 117
-
income
6 736
-
47 591
-
other
34
-
88
-
total
8 955
-
53 154
-
Employer
34 941
-
147 577
-
pensions
8 245
-
20 671
-
other
280
-
701
-
unemployment
1 922
-
4 817
-
accident
692
-
1 734
-
total
11 139
-
27 923
-
Corporate
129 419
175 500
-
-
income

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

19 412
26 325
-
-
total
19 412
26 325
-
-
Dividends
110 007
149 175
-
-
withholding
23 293
32 302
-
-
total
23 293
32 302
-
-
Income
175 500
175 500
175 500
175 500
Total tax
62 799
58 627
81 077
77 112
After tax
112 701
116 873
94 423
98 388
Living cost
25 986
25 986
25 986
25 986
Free-cash
86 715
90 887
68 437
72 402

Estimated living cost  is ₽25986 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107371
₽111022
₽107671
₽111152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
health
-
-
-
974
income
-
-
-
60 190
pensions
-
-
-
1 343
total
-
-
-
62 507
Employee
2 804
-
173 989
-
unemployment
28
-
67
-
pensions
252
-
604
-
health
140
-
336
-
income
542
-
60 119
-
total
962
-
61 126
-
Employer
2 804
-
173 989
-
pensions
308
-
739
-
health
266
-
638
-
unemployment
56
-
134
-
total
630
-
1 511
-
Corporate
172 065
175 500
-
-
income
37 854
38 610
-
-
total
37 854
38 610
-
-
Dividends
134 210
136 890
-
-
withholding
26 842
27 378
-
-
total
26 842
27 378
-
-
Income
175 500
175 500
175 500
175 500
Total tax
66 288
65 988
62 637
62 507
After tax
109 212
109 512
112 863
112 993
Living cost
1 841
1 841
1 841
1 841
Free-cash
107 371
107 671
111 022
111 152

Estimated living cost  is ₽1841 per week

₽1094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105814
₽92846
₽110463
₽92846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
175 500
health
-
-
-
7 191
income
-
-
-
39 929
pensions
-
-
-
18 151
unemployment
-
-
-
1 047
total
-
-
-
66 318
Employee

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

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

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

24 634
-
163 004
-
unemployment
185
-
524
-
pensions
3 449
-
9 774
-
health
1 269
-
3 595
-
income
3 396
-
39 929
-
total
8 299
-
53 822
-
Employer

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

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

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

24 634
-
163 004
-
pensions
2 956
-
8 377
-
health
1 269
-
3 595
-
unemployment
185
-
524
-
total
4 410
-
12 496
-
Corporate
146 456
175 500
-
-
income
21 968
26 325
-
-
total
21 968
26 325
-
-
Dividends
124 488
149 175
-
-
withholding
18 673
22 376
-
-
total
18 673
22 376
-
-
Income
175 500
175 500
175 500
175 500
Total tax
53 350
48 701
66 318
66 318
After tax
122 150
126 799
109 182
109 182
Living cost
16 336
16 336
16 336
16 336
Free-cash
105 814
110 463
92 846
92 846

Estimated living cost  is ₽16336 per week

₽10999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74009
₽54626
₽74348
₽67932
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
175 500
social contributions

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

-
-
-
60 986
income
-
-
-
21 106
surtax
-
-
-
-
total
-
-
-
82 092
Employee
36 677
-
141 819
-
social contributions
4 035
-
15 600
-
income
7 166
-
46 117
-
surtax
-
-
-
-
total
11 201
-
61 717
-
Employer
36 677
-
141 819
-
social contributions
8 710
-
33 681
-
total
8 710
-
33 681
-
Corporate
130 113
175 500
-
-
income
27 324
36 855
-
-
surtax
-
-
-
-
total
27 324
36 855
-
-
Dividends
102 789
138 645
-
-
withholding
28 780
38 821
-
-
total
28 780
38 821
-
-
Income
175 500
175 500
175 500
175 500
Total tax
76 015
75 676
95 398
82 092
After tax
99 485
99 824
80 102
93 408
Living cost
25 476
25 476
25 476
25 476
Free-cash
74 009
74 348
54 626
67 932

Estimated living cost  is ₽25476 per week

₽18044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77478
₽61212
₽83662
₽65177
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
789
income
-
-
-
50 835
pensions
-
-
-
24 787
other
-
-
-
88
unemployment
-
-
-
613
total
-
-
-
77 112
Employee
45 638
-
147 577
-
unemployment
707
-
1 358
-
pensions
2 145
-
4 117
-
income
9 532
-
47 591
-
other
45
-
88
-
total
12 429
-
53 154
-
Employer
45 638
-
147 577
-
pensions
10 770
-
20 671
-
other
366
-
701
-
unemployment
2 511
-
4 817
-
accident
904
-
1 734
-
total
14 551
-
27 923
-
Corporate
115 311
175 500
-
-
income

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

17 296
26 325
-
-
total
17 296
26 325
-
-
Dividends
98 015
149 175
-
-
withholding
20 535
32 302
-
-
total
20 535
32 302
-
-
Income
175 500
175 500
175 500
175 500
Total tax
64 811
58 627
81 077
77 112
After tax
110 689
116 873
94 423
98 388
Living cost
33 211
33 211
33 211
33 211
Free-cash
77 478
83 662
61 212
65 177

Estimated living cost  is ₽33211 per week

₽23851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2582
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.
₽6311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128175
₽131252
₽133898
₽124262
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
health
-
-
-
3 772
income
-
-
-
26 325
pensions

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

-
-
-
4 855
unemployment
-
-
-
131
total
-
-
-
35 083
Employee
21 392
-
169 064
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

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

1 878
-
2 880
-
health
984
-
1 509
-
income
2 140
-
16 907
-
total
5 237
-
21 657
-
Employer
21 392
-
169 064
-
pensions

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

2 357
-
3 615
-
health
1 476
-
2 263
-
unemployment
128
-
197
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
total
4 196
-
6 436
-
Corporate
149 911
175 500
-
-
income
14 991
17 550
-
-
total
14 991
17 550
-
-
Dividends
134 920
157 950
-
-
withholding
6 746
7 897
-
-
total
6 746
7 897
-
-
Income
175 500
175 500
175 500
175 500
Total tax
31 170
25 447
28 093
35 083
After tax
144 330
150 053
147 407
140 417
Living cost
16 155
16 155
16 155
16 155
Free-cash
128 175
133 898
131 252
124 262

Estimated living cost  is ₽16155 per week

₽10685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66186
₽74268
₽53824
₽55388
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
175 500
health

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

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

-
-
-
6 456
trade
-
-
-
18 880
income

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

-
-
-
55 253
surtax

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

-
-
-
3 040
total
-
-
-
83 629
Employee

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

47 019
-
175 500
-
health

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

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

6 456
-
6 456
-
income

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

3 866
-
55 253
-
surtax

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

213
-
3 040
-
total
10 535
-
64 749
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
128 481
175 500
-
-
income
19 272
26 325
-
-
chamber of commerce
332
402
-
-
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.

1 060
1 447
-
-
trade
18 437
25 185
-
-
total
39 101
53 359
-
-
Dividends
89 381
122 141
-
-
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.

1 209
1 659
-
-
withholding
21 986
30 175
-
-
total
23 195
31 834
-
-
Income
175 500
175 500
175 500
175 500
Total tax
72 831
85 193
64 749
83 629
After tax
102 669
90 307
110 751
91 871
Living cost
36 483
36 483
36 483
36 483
Free-cash
66 186
53 824
74 268
55 388

Estimated living cost  is ₽36483 per week

₽25167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6861
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71106
₽37600
₽69020
₽37600
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 490
income
-
-
-
54 580
total
-
-
-
84 070
Employee
73 918
-
175 500
-
social contributions
6 141
-
29 490
-
income
13 948
-
54 580
-
total
20 089
-
84 070
-
Employer
73 918
-
175 500
-
total
-
-
-
-
Corporate
101 582
175 500
-
-
income
12 698
21 937
-
-
total
12 698
21 937
-
-
Dividends
88 883
153 563
-
-
withholding
17 777
30 713
-
-
total
17 777
30 713
-
-
Income
175 500
175 500
175 500
175 500
Total tax
50 564
52 650
84 070
84 070
After tax
124 936
122 850
91 430
91 430
Living cost
53 830
53 830
53 830
53 830
Free-cash
71 106
69 020
37 600
37 600

Estimated living cost  is ₽53830 per week

₽40953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4386
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.
₽7976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78082
₽89929
₽74780
₽108482
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
175 500
income
-
-
-
26 899
health

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

-
-
-
5 816
total
-
-
-
32 715
Employee
43 350
-
171 153
-
social contributions
4 343
-
4 347
-
income
4 704
-
42 574
-
total
9 047
-
46 921
-
Employer
43 350
-
171 153
-
social contributions
4 343
-
4 347
-
total
4 343
-
4 347
-
Corporate
127 807
175 500
-
-
income
44 733
61 425
-
-
total
44 733
61 425
-
-
Dividends
83 073
114 075
-
-
social contributions
4 992
4 992
-
-
total
4 992
4 992
-
-
Income
175 500
175 500
175 500
175 500
Total tax
63 115
66 417
51 268
32 715
After tax
112 385
109 083
124 232
142 785
Living cost
34 303
34 303
34 303
34 303
Free-cash
78 082
74 780
89 929
108 482

Estimated living cost  is ₽34303 per week

₽22595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
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.
₽8477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84664
₽65301
₽79195
₽81113
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
51 521
pensions
-
-
-
8 565
total
-
-
-
60 086
Employee
47 083
-
153 190
-
pensions
3 594
-
10 442
-
health
614
-
2 170
-
income
8 574
-
40 978
-
total
12 782
-
53 590
-
Employer
47 083
-
153 190
-
pensions
4 757
-
19 398
-
health
895
-
2 910
-
total
5 652
-
22 308
-
Corporate
122 765
175 500
-
-
income

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

23 325
33 345
-
-
total
23 325
33 345
-
-
Dividends
99 440
142 155
-
-
withholding
14 776
28 659
-
-
total
14 776
28 659
-
-
Income
175 500
175 500
175 500
175 500
Total tax
56 535
62 004
75 898
60 086
After tax
118 965
113 496
99 602
115 414
Living cost
34 301
34 301
34 301
34 301
Free-cash
84 664
79 195
65 301
81 113

Estimated living cost  is ₽34301 per week

₽23530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10740
₽72939
-₽8451
₽97278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
health
-
-
-
2 075
income
-
-
-
48 929
pensions
-
-
-
3 959
other
-
-
-
353
total
-
-
-
55 556
Employee
35 654
-
158 488
-
pensions
4 015
-
7 259
-
health
4 082
-
18 147
-
income
4 891
-
37 476
-
total
12 988
-
62 882
-
Employer
35 654
-
158 488
-
pensions
5 797
-
10 483
-
unemployment
873
-
3 883
-
accident
595
-
2 647
-
total
7 265
-
17 013
-
Corporate
132 580
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.

119 322
157 950
-
-
total
119 322
157 950
-
-
Dividends
13 258
17 550
-
-
withholding
2 519
3 335
-
-
total
2 519
3 335
-
-
Income
175 500
175 500
175 500
175 500
Total tax
142 094
161 285
79 895
55 556
After tax
33 406
14 215
95 605
119 944
Living cost
22 666
22 666
22 666
22 666
Free-cash
10 740
-8 451
72 939
97 278

Estimated living cost  is ₽22666 per week

₽16634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130518
₽112921
₽121510
₽92168
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
175 500
income
-
-
-
29 076
health insurance
-
-
-
11 169
pensions
-
-
-
27 772
unemployment
-
-
-
1 811
work injury
-
-
-
755
total
-
-
-
70 583
Employee

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

20 398
-
175 500
-
unemployment
245
-
906
-
pensions
3 753
-
13 886
-
work injury
102
-
377
-
income
2 040
-
29 076
-
health insurance
1 509
-
5 585
-
total
7 649
-
49 830
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
155 102
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%.

1 551
17 550
-
-
total
1 551
17 550
-
-
Dividends
153 551
157 950
-
-
withholding
23 033
23 692
-
-
total
23 033
23 692
-
-
Income
175 500
175 500
175 500
175 500
Total tax
32 233
41 242
49 830
70 583
After tax
143 267
134 258
125 670
104 917
Living cost
12 748
12 748
12 748
12 748
Free-cash
130 518
121 510
112 921
92 168

Estimated living cost  is ₽12748 per week

₽7898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽926
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50496
₽35918
₽54795
₽43623
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 173
regional
-
-
-
4 030
national
-
-
-
43 890
total
-
-
-
94 231
Employee
79 630
-
175 500
-
regional
1 202
-
3 577
-
municipal
475
-
1 047
-
national
13 457
-
38 134
-
social contributions
26 851
-
59 178
-
total
41 985
-
101 936
-
Employer
79 630
-
175 500
-
total
-
-
-
-
Corporate
95 870
175 500
-
-
municipal
4 621
8 459
-
-
nationa
23 009
42 120
-
-
total
27 630
50 579
-
-
Dividends
68 239
124 921
-
-
withholding
17 743
32 480
-
-
total
17 743
32 480
-
-
Income
175 500
175 500
175 500
175 500
Total tax
87 358
83 059
101 936
94 231
After tax
88 142
92 441
73 564
81 269
Living cost
37 646
37 646
37 646
37 646
Free-cash
50 496
54 795
35 918
43 623

Estimated living cost  is ₽37646 per week

₽26444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8043
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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