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
₽57954
₽69116
₽60819
₽81071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
20 252
income

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

-
-
-
53 998
health

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

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

-
-
-
6 894
surtax

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

-
-
-
2 970
total
-
-
-
84 114
Employee

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

38 599
-
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.

6 894
-
6 894
-
surtax

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

59
-
2 970
-
income

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

1 078
-
53 998
-
total
8 031
-
63 862
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
136 901
175 500
-
-
surtax

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

1 130
1 448
-
-
income
20 535
26 325
-
-
trade
21 562
27 640
-
-
chamber of commerce
350
406
-
-
total
43 577
55 819
-
-
Dividends
93 323
119 681
-
-
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.

1 262
1 624
-
-
withholding
22 947
29 536
-
-
total
24 209
31 160
-
-
Income
175 500
175 500
175 500
175 500
Total tax
75 817
86 979
63 862
84 114
After tax
99 683
88 521
111 638
91 386
Living cost
30 567
30 567
30 567
30 567
Free-cash
69 116
57 954
81 071
60 819

Estimated living cost  is ₽30567 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₽58518
₽57670
₽52571
₽53606
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 214
pensions
-
-
-
21 060
national
-
-
-
29 774
social contributions
-
-
-
1 887
total
-
-
-
71 935
Employee
79 050
-
151 718
-
municipal
9 764
-
19 893
-
pensions
3 162
-
6 069
-
national
15 130
-
31 170
-
total
28 056
-
57 132
-
Employer
79 050
-
151 718
-
social contributions
850
-
1 631
-
pensions
6 324
-
12 137
-
total
7 174
-
13 768
-
Corporate
84 059
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%.

16 812
35 100
-
-
total
16 812
35 100
-
-
Dividends
67 247
140 400
-
-
withholding
14 794
30 888
-
-
total
14 794
30 888
-
-
Income
175 500
175 500
175 500
175 500
Total tax
66 836
65 988
70 900
71 935
After tax
108 664
109 512
104 600
103 565
Living cost
50 994
50 994
50 994
50 994
Free-cash
57 670
58 518
53 606
52 571

Estimated living cost  is ₽50994 per week

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

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₽119405
₽111127
₽39373
₽52473
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
31 714
surtax
-
-
-
44 752
social contributions

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

-
-
-
38 666
total
-
-
-
115 132
Employee
29 488
-
132 006
-
social contributions

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

3 244
-
13 229
-
surtax
-
-
19 141
-
income
5 249
-
26 169
-
total
8 493
-
58 539
-
Employer
29 488
-
132 006
-
social contributions

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

7 103
-
28 973
-
surtax
-
-
14 520
-
total
7 103
-
43 493
-
Corporate
138 909
175 500
-
-
income

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

27 782
35 100
-
-
total
27 782
35 100
-
-
Dividends

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

111 126
140 400
-
-
total
-
-
-
-
Income
175 500
175 500
175 500
175 500
Total tax
43 378
35 100
102 032
115 132
After tax
132 122
140 400
73 468
60 368
Living cost
20 995
20 995
20 995
20 995
Free-cash
111 127
119 405
52 473
39 373

Estimated living cost  is ₽20995 per week

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

Source of data for Riga model

Close
Rotterdam , Netherlands
₽44581
₽38398
₽54771
₽67128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
54 185
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
78 453
Employee
86 179
86 179
156 746
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
23 074
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
47 342
-
Employer
86 179
86 179
156 746
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
75 287
74 230
-
-
income
15 058
14 846
-
-
total
15 058
14 846
-
-
Dividends
60 229
59 384
-
-
income
12 799
12 619
-
-
withholding
9 033
8 907
-
-
total
21 832
21 526
-
-
Income
175 500
175 500
175 500
175 500
Total tax
94 826
88 643
66 096
78 453
After tax
80 674
86 857
109 404
97 047
Living cost
42 276
42 276
42 276
42 276
Free-cash
38 398
44 581
67 128
54 771

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽56833
₽55957
₽50920
₽49974
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 952
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
15 882
total
-
-
-
85 590
Employee
55 558
-
148 651
-
municipal
16 567
-
44 328
-
national
-
-
15 359
-
total
16 567
-
59 687
-
Employer
55 558
-
148 651
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 849
-
Corporate
102 486
175 500
-
-
income
22 547
38 610
-
-
total
22 547
38 610
-
-
Dividends
79 939
136 890
-
-
withholding
23 982
41 067
-
-
total
23 982
41 067
-
-
Income
175 500
175 500
175 500
175 500
Total tax
80 553
79 677
86 536
85 590
After tax
94 947
95 823
88 964
89 910
Living cost
38 990
38 990
38 990
38 990
Free-cash
55 957
56 833
49 974
50 920

Estimated living cost  is ₽38990 per week

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

Source of data for Stockholm model

Close
Hamburg , Germany
₽47974
₽62154
₽50842
₽71994
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
21 152
income

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

-
-
-
53 998
health

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

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

-
-
-
6 894
surtax

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

-
-
-
2 970
total
-
-
-
85 014
Employee

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

51 177
-
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.

6 894
-
6 894
-
surtax

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

241
-
2 970
-
income

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

4 397
-
53 998
-
total
11 532
-
63 862
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
124 323
175 500
-
-
surtax

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

1 026
1 448
-
-
income
18 649
26 325
-
-
trade
20 451
28 870
-
-
chamber of commerce
329
402
-
-
total
40 455
57 045
-
-
Dividends
83 867
118 455
-
-
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.

1 132
1 607
-
-
withholding
20 583
29 230
-
-
total
21 715
30 837
-
-
Income
175 500
175 500
175 500
175 500
Total tax
73 702
87 882
63 862
85 014
After tax
101 798
87 618
111 638
90 486
Living cost
39 644
39 644
39 644
39 644
Free-cash
62 154
47 974
71 994
50 842

Estimated living cost  is ₽39644 per week

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

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₽95307
₽91118
₽87335
₽85785
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
34 629
health
-
-
-
4 476
social contributions
-
-
-
16 328
total
-
-
-
55 433
Employee
77 600
77 600
163 783
-
social contributions
3 771
6 440
8 687
-
health
772
1 319
2 785
-
income
8 149
7 183
33 794
-
total
12 692
14 942
45 266
-
Employer
77 600
77 600
163 783
-
social contributions
3 771
6 440
8 687
-
health
841
1 436
3 030
-
total
4 612
7 876
11 717
-
Corporate
125 465
90 023
-
-
income
15 683
11 253
-
-
total
15 683
11 253
-
-
Dividends
109 782
78 770
-
-
withholding
18 663
13 390
-
-
total
18 663
13 390
-
-
Income
175 500
175 500
175 500
175 500
Total tax
51 650
47 461
56 983
55 433
After tax
123 850
128 039
118 517
120 067
Living cost
32 732
32 732
32 732
32 732
Free-cash
91 118
95 307
85 785
87 335

Estimated living cost  is ₽32732 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽80256
₽80636
₽103240
₽83402
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
21 455
pensions
-
-
-
17 550
unemployment
-
-
-
2 633
health
-
-
-
12 285
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.

26 470
10 535
146 862
-
health
1 853
737
10 280
-
income
3 236
1 288
17 954
-
pensions
2 647
1 053
14 686
-
unemployment
397
158
2 203
-
total
8 133
3 236
45 123
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
146 862
-
pensions
5 162
2 054
28 638
-
total
5 162
2 054
28 638
-
Corporate
143 869
162 911
-
-
income
12 948
14 662
-
-
total
12 948
14 662
-
-
Dividends
130 921
148 249
-
-
social contributions
25 409
28 788
-
-
withholding
24 875
28 167
-
-
total
50 284
56 955
-
-
Income
175 500
175 500
175 500
175 500
Total tax
76 527
76 907
73 761
53 923
After tax
98 973
98 593
101 739
121 577
Living cost
18 337
18 337
18 337
18 337
Free-cash
80 636
80 256
83 402
103 240

Estimated living cost  is ₽18337 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽116025
₽109755
₽69692
₽76779
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
23 517
pensions
-
-
-
35 102
health
-
-
-
22 814
total
-
-
-
81 433
Employee
28 629
-
131 164
-
income
3 223
-
25 289
-
pensions
573
-
2 624
-
unemployment
458
-
2 099
-
total
4 254
-
30 012
-
Employer
28 629
-
131 164
-
unemployment
230
-
1 049
-
pensions
5 726
-
26 233
-
health
3 721
-
17 052
-
total
9 677
-
44 334
-
Corporate
137 195
175 500
-
-
income
27 439
35 100
-
-
total
27 439
35 100
-
-
Dividends
109 755
140 400
-
-
total
-
-
-
-
Income
175 500
175 500
175 500
175 500
Total tax
41 370
35 100
74 346
81 433
After tax
134 130
140 400
101 154
94 067
Living cost
24 375
24 375
24 375
24 375
Free-cash
109 755
116 025
76 779
69 692

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽7853
₽10830
₽97907
₽73217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
48 537
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
55 524
Employee
34 715
-
157 941
-
health
3 975
-
18 084
-
income
4 763
-
36 917
-
pensions
3 909
-
7 653
-
total
12 647
-
62 654
-
Employer
34 715
-
157 941
-
accident
580
-
2 638
-
unemployment
850
-
3 870
-
pensions
5 645
-
11 052
-
total
7 075
-
17 560
-
Corporate
133 710
175 500
-
-
income

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

120 339
157 950
-
-
total
120 339
157 950
-
-
Dividends
13 371
17 550
-
-
withholding
2 540
3 334
-
-
total
2 540
3 334
-
-
Income
175 500
175 500
175 500
175 500
Total tax
142 601
161 284
80 214
55 524
After tax
32 899
14 216
95 286
119 976
Living cost
22 069
22 069
22 069
22 069
Free-cash
10 830
-7 853
73 217
97 907

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽157646
₽155944
₽164666
₽131321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
175 500
-
income
2 269
-
35 100
-
total
2 269
-
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%.

164 151
175 500
-
-
total
-
-
-
-
Dividends
164 151
175 500
-
-
withholding
8 208
8 775
-
-
total
8 208
8 775
-
-
Income
175 500
175 500
175 500
175 500
Total tax
10 477
8 775
35 100
1 755
After tax
165 023
166 725
140 400
173 745
Living cost
9 079
9 079
9 079
9 079
Free-cash
155 944
157 646
131 321
164 666

Estimated living cost  is ₽9079 per week

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

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽102048
₽95235
₽70851
₽72627
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
26 886
pensions

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

-
-
-
36 831
other
-
-
-
7 289
health
-
-
-
6 753
total
-
-
-
77 759
Employee
36 642
-
140 174
-
health
513
-
1 963
-
income
6 308
-
27 480
-
pensions

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

2 564
-
9 813
-
unemployment
366
-
1 402
-
total
9 751
-
40 658
-
Employer
36 642
-
140 174
-
accident
293
-
1 122
-
other
1 833
-
7 009
-
unemployment
366
-
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.

6 230
-
23 829
-
health
513
-
1 963
-
total
9 235
-
35 325
-
Corporate
129 624
175 500
-
-
income
27 221
36 856
-
-
total
27 221
36 856
-
-
Dividends
102 403
138 644
-
-
withholding
7 168
9 706
-
-
total
7 168
9 706
-
-
Income
175 500
175 500
175 500
175 500
Total tax
53 375
46 562
75 983
77 759
After tax
122 125
128 938
99 517
97 741
Living cost
26 890
26 890
26 890
26 890
Free-cash
95 235
102 048
72 627
70 851

Estimated living cost  is ₽26890 per week

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

Source of data for Bratislava model

Close
London , United Kingdom
₽47464
₽49857
₽48868
₽32966
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 852
pensions
-
-
-
9 053
total
-
-
-
58 905
Employee
95 823
-
153 336
-
health
1 579
-
2 235
-
income
17 273
-
39 252
-
pensions
9 244
-
11 156
-
total
28 096
-
52 643
-
Employer
95 823
-
153 336
-
pensions
11 314
-
19 251
-
health
1 820
-
2 913
-
total
13 134
-
22 164
-
Corporate
66 543
175 500
-
-
income

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

12 643
33 344
-
-
total
12 643
33 344
-
-
Dividends
53 900
142 156
-
-
withholding
4 043
26 965
-
-
total
4 043
26 965
-
-
Income
175 500
175 500
175 500
175 500
Total tax
57 916
60 309
74 807
58 905
After tax
117 584
115 191
100 693
116 595
Living cost
67 727
67 727
67 727
67 727
Free-cash
49 857
47 464
32 966
48 868

Estimated living cost  is ₽67727 per week

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

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽136813
₽132124
₽126519
₽133375
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
26 325
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
35 742
Employee
17 531
-
168 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
16 858
-
pensions

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

1 539
-
3 097
-
total
4 291
-
21 965
-
Employer
17 531
-
168 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
154 529
175 500
-
-
income
15 453
17 550
-
-
total
15 453
17 550
-
-
Dividends
139 076
157 950
-
-
withholding
6 953
7 898
-
-
total
6 953
7 898
-
-
Income
175 500
175 500
175 500
175 500
Total tax
30 137
25 448
28 886
35 742
After tax
145 363
150 052
146 614
139 758
Living cost
13 239
13 239
13 239
13 239
Free-cash
132 124
136 813
133 375
126 519

Estimated living cost  is ₽13239 per week

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

Source of data for Varna model

Close
Amsterdam , Netherlands
₽30897
₽33434
₽41087
₽53444
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
54 185
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
78 453
Employee
93 563
86 179
156 746
-
health
11 672
11 251
12 444
-
income

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

14 106
14 106
23 074
-
pensions
11 824
11 824
11 824
-
total
37 602
37 181
47 342
-
Employer
93 563
86 179
156 746
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 754
-
Corporate
65 556
74 230
-
-
income
13 111
14 846
-
-
total
13 111
14 846
-
-
Dividends
52 445
59 384
-
-
income
11 144
12 619
-
-
withholding
7 867
8 907
-
-
total
19 011
21 526
-
-
Income
175 500
175 500
175 500
175 500
Total tax
86 106
88 643
66 096
78 453
After tax
89 394
86 857
109 404
97 047
Living cost
55 960
55 960
55 960
55 960
Free-cash
33 434
30 897
53 444
41 087

Estimated living cost  is ₽55960 per week

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

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽96662
₽88040
₽75305
₽67546
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
17 554
health
-
-
-
23 692
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 779
total
-
-
-
76 025
Employee
35 544
-
133 691
-
social contributions
2 310
-
7 742
-
health
4 798
-
18 048
-
solidarity contribution
-
-
-
-
income
4 265
-
16 185
-
total
11 373
-
41 975
-
Employer
35 544
-
133 691
-
social contributions
8 886
-
29 777
-
health
3 199
-
12 032
-
total
12 085
-
41 809
-
Corporate
127 871
175 500
-
-
income
24 296
33 345
-
-
total
24 296
33 345
-
-
Dividends
103 576
142 155
-
-
withholding
15 536
21 323
-
-
total
15 536
21 323
-
-
Income
175 500
175 500
175 500
175 500
Total tax
63 290
54 668
83 784
76 025
After tax
112 210
120 832
91 716
99 475
Living cost
24 170
24 170
24 170
24 170
Free-cash
88 040
96 662
67 546
75 305

Estimated living cost  is ₽24170 per week

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

Source of data for Brno model

Close
Milan , Italy
₽51053
₽45782
₽41424
₽33498
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 044
regional
-
-
-
2 069
national
-
-
-
43 241
social contributions
-
-
-
45 139
total
-
-
-
91 493
Employee
89 689
-
175 500
-
social contributions
30 243
-
59 178
-
regional
846
-
1 826
-
municipal
475
-
931
-
national
15 541
-
37 484
-
total
47 105
-
99 419
-
Employer
89 689
-
175 500
-
total
-
-
-
-
Corporate
85 811
175 500
-
-
nationa
20 595
42 120
-
-
municipal
3 348
6 845
-
-
total
23 943
48 965
-
-
Dividends
61 869
126 535
-
-
withholding
16 087
32 899
-
-
total
16 087
32 899
-
-
Income
175 500
175 500
175 500
175 500
Total tax
87 135
81 864
99 419
91 493
After tax
88 365
93 636
76 081
84 007
Living cost
42 583
42 583
42 583
42 583
Free-cash
45 782
51 053
33 498
41 424

Estimated living cost  is ₽42583 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽88120
₽84979
₽60808
₽54640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
48 276
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
7 417
total
-
-
-
92 423
Employee
33 373
-
147 149
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
6 209
-
income
5 594
-
42 239
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
70 240
-
Employer
33 373
-
147 149
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
135 103
175 500
-
-
income
35 127
45 631
-
-
total
35 127
45 631
-
-
Dividends
99 976
129 869
-
-
withholding
14 997
19 480
-
-
total
14 997
19 480
-
-
Income
175 500
175 500
175 500
175 500
Total tax
68 252
65 111
98 591
92 423
After tax
107 248
110 389
76 909
83 077
Living cost
22 269
22 269
22 269
22 269
Free-cash
84 979
88 120
54 640
60 808

Estimated living cost  is ₽22269 per week

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

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽68922
₽75613
₽70326
₽54424
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 852
pensions
-
-
-
9 053
total
-
-
-
58 905
Employee
64 218
-
153 336
-
health
932
-
2 235
-
income
11 566
-
39 252
-
pensions
5 451
-
11 156
-
total
17 949
-
52 643
-
Employer
64 218
-
153 336
-
pensions
6 952
-
19 251
-
health
1 220
-
2 913
-
total
8 172
-
22 164
-
Corporate
103 110
175 500
-
-
income

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

19 590
33 344
-
-
total
19 590
33 344
-
-
Dividends
83 520
142 156
-
-
withholding
7 907
26 965
-
-
total
7 907
26 965
-
-
Income
175 500
175 500
175 500
175 500
Total tax
53 618
60 309
74 807
58 905
After tax
121 882
115 191
100 693
116 595
Living cost
46 269
46 269
46 269
46 269
Free-cash
75 613
68 922
54 424
70 326

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
₽3978
₽36613
₽65671
₽57683
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 849
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
-
-
-
8 694
health
-
-
-
396
national
-
-
-
2 961
total
-
-
-
33 556
Employee
89 259
-
157 082
-
city
958
-
1 687
-
regional
2 923
-
7 477
-
health
202
-
353
-
pensions
7 499
-
13 196
-
unemployment
-
-
-
-
national
422
-
2 140
-
total
12 004
-
24 853
-
Employer
89 259
-
157 082
-
other

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

1 785
-
3 142
-
unemployment
-
-
-
-
pensions
7 499
-
13 196
-
health
202
-
353
-
total
9 486
-
16 691
-
Corporate
75 775
175 500
-
-
regional
16 026
37 118
-
-
national
6 441
14 918
-
-
total
22 467
52 036
-
-
Dividends
53 307
123 464
-
-
withholding
18 657
43 213
-
-
total
18 657
43 213
-
-
Income
175 500
175 500
175 500
175 500
Total tax
62 614
95 249
41 544
33 556
After tax
112 886
80 251
133 956
141 944
Living cost
76 273
76 273
76 273
76 273
Free-cash
36 613
3 978
57 683
65 671

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽40483
₽56848
₽43355
₽65407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
22 052
income

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

-
-
-
53 998
health

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

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

-
-
-
6 894
surtax

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

-
-
-
2 970
total
-
-
-
85 914
Employee

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

60 649
-
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.

6 894
-
6 894
-
surtax

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

393
-
2 970
-
income

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

7 132
-
53 998
-
total
14 419
-
63 862
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
114 851
175 500
-
-
surtax

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

948
1 448
-
-
income
17 228
26 325
-
-
trade
19 697
30 098
-
-
chamber of commerce
314
400
-
-
total
38 187
58 271
-
-
Dividends
76 664
117 230
-
-
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.

1 032
1 591
-
-
withholding
18 783
28 924
-
-
total
19 815
30 515
-
-
Income
175 500
175 500
175 500
175 500
Total tax
72 421
88 786
63 862
85 914
After tax
103 079
86 714
111 638
89 586
Living cost
46 230
46 230
46 230
46 230
Free-cash
56 848
40 483
65 407
43 355

Estimated living cost  is ₽46230 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Munich model

Close
Nice , France
₽53925
₽59888
₽64410
₽62153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
27 263
pensions
-
-
-
31 509
other
-
-
-
5 441
health
-
-
-
7 350
surtax
-
-
-
-
social contributions
-
-
-
5 000
total
-
-
-
76 563
Employee
43 191
-
136 118
-
social contributions
1 231
-
3 878
-
surtax
-
-
-
-
income
2 549
-
26 215
-
pensions
4 883
-
9 344
-
total
8 663
-
39 437
-
Employer
43 191
-
136 118
-
other
1 490
-
5 258
-
social contributions
130
-
408
-
unemployment
1 748
-
5 514
-
pensions
7 095
-
15 752
-
health
3 024
-
12 451
-
total
13 487
-
39 383
-
Corporate
118 821
175 500
-
-
surtax
-
-
-
-
income
33 271
49 139
-
-
total
33 271
49 139
-
-
Dividends
85 550
126 361
-
-
surtax
-
-
-
-
social contributions
14 714
21 734
-
-
withholding
10 950
16 175
-
-
total
25 664
37 909
-
-
Income
175 500
175 500
175 500
175 500
Total tax
81 085
87 048
78 820
76 563
After tax
94 415
88 452
96 680
98 937
Living cost
34 527
34 527
34 527
34 527
Free-cash
59 888
53 925
62 153
64 410

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽57346
₽62953
₽67831
₽65574
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
27 263
pensions
-
-
-
31 509
other
-
-
-
5 441
health
-
-
-
7 350
surtax
-
-
-
-
social contributions
-
-
-
5 000
total
-
-
-
76 563
Employee
38 554
-
136 118
-
social contributions
1 099
-
3 878
-
surtax
-
-
-
-
income
1 988
-
26 215
-
pensions
4 361
-
9 344
-
total
7 448
-
39 437
-
Employer
38 554
-
136 118
-
other
1 331
-
5 258
-
social contributions
115
-
408
-
unemployment
1 561
-
5 514
-
pensions
6 335
-
15 752
-
health
2 698
-
12 451
-
total
12 040
-
39 383
-
Corporate
124 906
175 500
-
-
surtax
-
-
-
-
income
34 973
49 139
-
-
total
34 973
49 139
-
-
Dividends
89 933
126 361
-
-
surtax
-
-
-
-
social contributions
15 468
21 734
-
-
withholding
11 512
16 175
-
-
total
26 980
37 909
-
-
Income
175 500
175 500
175 500
175 500
Total tax
81 441
87 048
78 820
76 563
After tax
94 059
88 452
96 680
98 937
Living cost
31 106
31 106
31 106
31 106
Free-cash
62 953
57 346
65 574
67 831

Estimated living cost  is ₽31106 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽85671
₽86193
₽91307
₽87755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
26 325
health
-
-
-
12 251
social contributions
-
-
-
24 218
total
-
-
-
62 794
Employee
34 217
-
175 500
-
social contributions
4 723
-
24 218
-
health
2 388
-
12 251
-
income
5 707
-
29 877
-
total
12 818
-
66 346
-
Employer
34 217
-
175 500
-
total
-
-
-
-
Corporate
141 283
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%.

7 065
8 775
-
-
total
7 065
8 775
-
-
Dividends
134 218
166 725
-
-
health
9 369
11 638
-
-
social contributions
18 523
23 008
-
-
withholding
20 133
25 009
-
-
total
48 025
59 655
-
-
Income
175 500
175 500
175 500
175 500
Total tax
67 908
68 430
66 346
62 794
After tax
107 592
107 070
109 154
112 706
Living cost
21 399
21 399
21 399
21 399
Free-cash
86 193
85 671
87 755
91 307

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽61566
₽60005
₽54509
₽10995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
703
income
-
-
-
47 511
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
85 432
Employee
50 434
40 217
139 774
-
other
504
402
1 180
-
health
1 951
1 557
4 562
-
income
5 741
2 966
37 884
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 874
10 249
59 236
-
Employer
50 434
40 217
139 774
-
accident
655
523
1 532
-
other
2 396
1 909
6 452
-
chamber of commerce
201
161
559
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
4 194
-
health
1 906
1 521
4 456
-
total
14 712
11 775
35 725
-
Corporate
110 355
123 509
135 944
-
income

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

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

27 589
30 877
33 985
-
total
27 589
30 877
33 985
-
Dividends
82 766
92 632
-
-
withholding
22 761
25 474
-
-
total
22 761
25 474
-
-
Income
175 500
175 500
175 500
175 500
Total tax
79 936
78 375
128 946
85 432
After tax
95 564
97 125
46 554
90 068
Living cost
35 559
35 559
35 559
35 559
Free-cash
60 005
61 566
10 995
54 509

Estimated living cost  is ₽35559 per week

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

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₽61359
₽46227
₽39277
₽25121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
65 247
communal

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

-
-
-
9 020
social contributions
-
-
-
25 160
total
-
-
-
99 427
Employee

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

72 186
-
135 929
-
communal

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

3 765
-
7 090
-
health

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

3 392
-
6 389
-
pensions

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

5 414
-
10 194
-
unemployment

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

628
-
1 184
-
national
22 193
-
49 158
-
total
35 392
-
74 015
-
Employer

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

72 186
-
135 929
-
accident

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

938
-
1 768
-
unemployment

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

1 053
-
1 984
-
surtax
8 185
-
15 413
-
pensions

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

6 396
-
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.

4 439
-
8 359
-
total
21 011
-
39 568
-
Corporate
82 301
175 500
-
-
surtax
329
703
-
-
income
16 460
35 100
-
-
total
16 789
35 803
-
-
Dividends
65 512
139 697
-
-
withholding

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

19 285
41 542
-
-
total
19 285
41 542
-
-
Income
175 500
175 500
175 500
175 500
Total tax
92 477
77 345
113 583
99 427
After tax
83 023
98 155
61 917
76 073
Living cost
36 796
36 796
36 796
36 796
Free-cash
46 227
61 359
25 121
39 277

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽80564
₽73596
₽62071
₽57837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
48 922
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
76 984
Employee
50 234
-
145 680
-
other
50
-
94
-
income
10 599
-
45 457
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
51 398
-
Employer
50 234
-
145 680
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 075
-
total
16 011
-
29 820
-
Corporate
109 254
175 500
-
-
income

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

16 387
26 325
-
-
total
16 387
26 325
-
-
Dividends
92 867
149 175
-
-
withholding
19 272
32 166
-
-
total
19 272
32 166
-
-
Income
175 500
175 500
175 500
175 500
Total tax
65 459
58 491
81 218
76 984
After tax
110 041
117 009
94 282
98 516
Living cost
36 445
36 445
36 445
36 445
Free-cash
73 596
80 564
57 837
62 071

Estimated living cost  is ₽36445 per week

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

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽47964
₽35184
₽32180
₽39174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 480
income
-
-
-
28 569
pensions
-
-
-
26 306
health
-
-
-
12 331
surtax
-
-
-
8 700
communal
-
-
-
11 092
total
-
-
-
88 478
Employee
76 423
-
156 765
-
health
3 401
-
6 977
-
surtax
4 684
-
9 608
-
income
7 382
-
33 622
-
pensions
6 113
-
12 542
-
total
21 580
-
62 749
-
Employer
76 423
-
156 765
-
accident
688
-
1 411
-
pensions
6 113
-
12 542
-
health
2 331
-
4 782
-
total
9 132
-
18 735
-
Corporate
89 945
175 500
-
-
surtax
944
1 842
-
-
communal
6 071
11 847
-
-
income
13 492
26 325
-
-
total
20 507
40 014
-
-
Dividends
69 439
135 486
-
-
income
23 839
12 357
-
-
withholding
10 416
20 323
-
-
total
34 255
32 680
-
-
Income
175 500
175 500
175 500
175 500
Total tax
85 474
72 694
81 484
88 478
After tax
90 026
102 806
94 016
87 022
Living cost
54 842
54 842
54 842
54 842
Free-cash
35 184
47 964
39 174
32 180

Estimated living cost  is ₽54842 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽87722
₽84513
₽60410
₽54242
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
48 276
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
7 417
total
-
-
-
92 423
Employee
33 985
-
147 149
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
6 209
-
income
5 697
-
42 239
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
70 240
-
Employer
33 985
-
147 149
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
134 360
175 500
-
-
income
34 933
45 631
-
-
total
34 933
45 631
-
-
Dividends
99 427
129 869
-
-
withholding
14 915
19 480
-
-
total
14 915
19 480
-
-
Income
175 500
175 500
175 500
175 500
Total tax
68 320
65 111
98 591
92 423
After tax
107 180
110 389
76 909
83 077
Living cost
22 667
22 667
22 667
22 667
Free-cash
84 513
87 722
54 242
60 410

Estimated living cost  is ₽22667 per week

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

Source of data for Athens model

Close
Naples , Italy
₽65061
₽62820
₽56245
₽48360
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 044
regional
-
-
-
2 646
national
-
-
-
43 241
social contributions
-
-
-
45 139
total
-
-
-
92 070
Employee
55 980
-
175 500
-
social contributions
18 877
-
59 178
-
regional
754
-
2 362
-
municipal
297
-
931
-
national
8 869
-
37 484
-
total
28 797
-
99 955
-
Employer
55 980
-
175 500
-
total
-
-
-
-
Corporate
119 520
175 500
-
-
nationa
28 684
42 120
-
-
municipal
5 941
8 723
-
-
total
34 625
50 843
-
-
Dividends
84 895
124 656
-
-
withholding
22 073
32 411
-
-
total
22 073
32 411
-
-
Income
175 500
175 500
175 500
175 500
Total tax
85 495
83 254
99 955
92 070
After tax
90 005
92 246
75 545
83 430
Living cost
27 185
27 185
27 185
27 185
Free-cash
62 820
65 061
48 360
56 245

Estimated living cost  is ₽27185 per week

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

Source of data for Naples model

Close
Prague , Czech Republic
₽91049
₽80423
₽69692
₽61933
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
17 554
health
-
-
-
23 692
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 779
total
-
-
-
76 025
Employee
43 799
-
133 691
-
social contributions
2 847
-
7 742
-
health
5 913
-
18 048
-
solidarity contribution
-
-
-
-
income
5 256
-
16 185
-
total
14 016
-
41 975
-
Employer
43 799
-
133 691
-
social contributions
10 950
-
29 777
-
health
3 942
-
12 032
-
total
14 892
-
41 809
-
Corporate
116 809
175 500
-
-
income
22 194
33 345
-
-
total
22 194
33 345
-
-
Dividends
94 615
142 155
-
-
withholding
14 192
21 323
-
-
total
14 192
21 323
-
-
Income
175 500
175 500
175 500
175 500
Total tax
65 294
54 668
83 784
76 025
After tax
110 206
120 832
91 716
99 475
Living cost
29 783
29 783
29 783
29 783
Free-cash
80 423
91 049
61 933
69 692

Estimated living cost  is ₽29783 per week

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

Source of data for Prague model

Close
Graz , Austria
₽65037
₽64539
₽58071
₽14409
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
703
income
-
-
-
47 511
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
85 233
Employee
44 114
40 217
139 960
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 966
37 972
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 249
59 324
-
Employer
44 114
40 217
139 960
-
accident
573
523
1 532
-
other
2 095
1 909
6 460
-
chamber of commerce
176
161
559
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
4 198
-
health
1 668
1 521
4 456
-
total
12 695
11 576
35 538
-
Corporate
118 691
123 708
136 132
-
income

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

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

29 672
30 927
34 033
-
total
29 672
30 927
34 033
-
Dividends
89 019
92 782
-
-
withholding
24 481
25 515
-
-
total
24 481
25 515
-
-
Income
175 500
175 500
175 500
175 500
Total tax
78 765
78 267
128 895
85 233
After tax
96 735
97 233
46 605
90 267
Living cost
32 196
32 196
32 196
32 196
Free-cash
64 539
65 037
14 409
58 071

Estimated living cost  is ₽32196 per week

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

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₽152576
₽149923
₽159596
₽126251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
175 500
-
income
3 537
-
35 100
-
total
3 537
-
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%.

157 814
175 500
-
-
total
-
-
-
-
Dividends
157 814
175 500
-
-
withholding
7 891
8 775
-
-
total
7 891
8 775
-
-
Income
175 500
175 500
175 500
175 500
Total tax
11 428
8 775
35 100
1 755
After tax
164 072
166 725
140 400
173 745
Living cost
14 149
14 149
14 149
14 149
Free-cash
149 923
152 576
126 251
159 596

Estimated living cost  is ₽14149 per week

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

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽93764
₽85324
₽58763
₽54114
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
175 500
income
-
-
-
40 088
pensions
-
-
-
32 051
unemployment
-
-
-
262
health
-
-
-
17 268
total
-
-
-
89 669
Employee

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

44 626
-
151 854
-
health
2 882
-
9 809
-
income
7 696
-
37 114
-
pensions
6 917
-
23 538
-
unemployment
63
-
213
-
total
17 558
-
70 674
-
Employer

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

44 626
-
151 854
-
unemployment
27
-
92
-
pensions
3 949
-
13 438
-
health
2 972
-
10 114
-
total
6 948
-
23 644
-
Corporate
123 926
175 500
-
-
income
23 546
33 345
-
-
total
23 546
33 345
-
-
Dividends
100 380
142 155
-
-
withholding
15 056
21 323
-
-
total
15 056
21 323
-
-
Income
175 500
175 500
175 500
175 500
Total tax
63 108
54 668
94 318
89 669
After tax
112 392
120 832
81 182
85 831
Living cost
27 068
27 068
27 068
27 068
Free-cash
85 324
93 764
54 114
58 763

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽63194
₽15153
₽77704
₽118633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
34 209
social contributions
-
-
-
20 007
total
-
-
-
54 216
Employee
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
24 906
175 500
-
-
income
5 479
38 610
-
-
total
5 479
38 610
-
-
Dividends
19 427
136 890
-
-
income
4 274
30 116
-
-
total
4 274
30 116
-
-
Income
175 500
175 500
175 500
175 500
Total tax
116 767
68 726
13 287
54 216
After tax
58 733
106 774
162 213
121 284
Living cost
43 580
43 580
43 580
43 580
Free-cash
15 153
63 194
118 633
77 704

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽68169
₽67154
₽62481
₽49173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
175 500
income
-
-
-
20 379
surtax
-
-
-
-
social contributions

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

-
-
-
60 986
total
-
-
-
81 365
Employee
46 414
-
141 817
-
social contributions
5 106
-
15 600
-
surtax
-
-
-
-
income
9 654
-
45 390
-
total
14 760
-
60 990
-
Employer
46 414
-
141 817
-
social contributions
11 023
-
33 683
-
total
11 023
-
33 683
-
Corporate
118 063
175 500
-
-
surtax
-
-
-
-
income
24 793
36 856
-
-
total
24 793
36 856
-
-
Dividends
93 270
138 644
-
-
withholding
26 116
38 821
-
-
total
26 116
38 821
-
-
Income
175 500
175 500
175 500
175 500
Total tax
76 692
75 677
94 673
81 365
After tax
98 808
99 823
80 827
94 135
Living cost
31 654
31 654
31 654
31 654
Free-cash
67 154
68 169
49 173
62 481

Estimated living cost  is ₽31654 per week

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

Source of data for Lisbon model

Close
Paris , France
₽39710
₽46646
₽50195
₽47938
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
27 263
pensions
-
-
-
31 509
other
-
-
-
5 441
health
-
-
-
7 350
surtax
-
-
-
-
social contributions
-
-
-
5 000
total
-
-
-
76 563
Employee
63 206
-
136 118
-
social contributions
1 800
-
3 878
-
surtax
-
-
-
-
income
5 515
-
26 215
-
pensions
7 149
-
9 344
-
total
14 464
-
39 437
-
Employer
63 206
-
136 118
-
other
2 181
-
5 258
-
social contributions
190
-
408
-
unemployment
2 560
-
5 514
-
pensions
10 386
-
15 752
-
health
4 424
-
12 451
-
total
19 741
-
39 383
-
Corporate
92 553
175 500
-
-
surtax
-
-
-
-
income
25 915
49 139
-
-
total
25 915
49 139
-
-
Dividends
66 638
126 361
-
-
surtax
-
-
-
-
social contributions
11 462
21 734
-
-
withholding
8 530
16 175
-
-
total
19 992
37 909
-
-
Income
175 500
175 500
175 500
175 500
Total tax
80 112
87 048
78 820
76 563
After tax
95 388
88 452
96 680
98 937
Living cost
48 742
48 742
48 742
48 742
Free-cash
46 646
39 710
47 938
50 195

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽127615
₽124225
₽98994
₽103657
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
7 561
social contributions
-
-
-
38 610
total
-
-
-
46 171
Employee
32 444
-
151 948
-
income
-
-
8 080
-
social contributions
2 109
-
9 876
-
total
2 109
-
17 956
-
Employer
32 444
-
151 948
-
social contributions
5 029
-
23 552
-
total
5 029
-
23 552
-
Corporate
138 027
175 500
-
-
income
13 802
17 550
-
-
total
13 802
17 550
-
-
Dividends
124 225
157 950
-
-
total
-
-
-
-
Income
175 500
175 500
175 500
175 500
Total tax
20 940
17 550
41 508
46 171
After tax
154 560
157 950
133 992
129 329
Living cost
30 335
30 335
30 335
30 335
Free-cash
124 225
127 615
103 657
98 994

Estimated living cost  is ₽30335 per week

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

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽44471
-₽44471
₽55018
-₽44471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 488
pensions
-
-
-
875
national
-
-
-
20 526
labour market
-
-
-
13 970
total
-
-
-
71 859
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
175 500
175 500
175 500
175 500
Total tax
171 348
171 348
171 348
71 859
After tax
4 152
4 152
4 152
103 641
Living cost
48 623
48 623
48 623
48 623
Free-cash
-44 471
-44 471
-44 471
55 018

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽7527
₽10881
₽98233
₽73543
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
48 537
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
55 524
Employee
34 203
-
157 941
-
health
3 917
-
18 084
-
income
4 692
-
36 917
-
pensions
3 852
-
7 653
-
total
12 461
-
62 654
-
Employer
34 203
-
157 941
-
accident
571
-
2 638
-
unemployment
838
-
3 870
-
pensions
5 561
-
11 052
-
total
6 970
-
17 560
-
Corporate
134 326
175 500
-
-
income

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

120 893
157 950
-
-
total
120 893
157 950
-
-
Dividends
13 433
17 550
-
-
withholding
2 552
3 334
-
-
total
2 552
3 334
-
-
Income
175 500
175 500
175 500
175 500
Total tax
142 876
161 284
80 214
55 524
After tax
32 624
14 216
95 286
119 976
Living cost
21 743
21 743
21 743
21 743
Free-cash
10 881
-7 527
73 543
98 233

Estimated living cost  is ₽21743 per week

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

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽71368
₽73850
₽74780
₽53465
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
31 180
health
-
-
-
2 281
national
-
-
-
28 514
total
-
-
-
61 975
Employee
53 094
-
147 639
-
health
396
-
1 852
-
municipal
8 696
-
24 050
-
pensions
3 583
-
9 966
-
unemployment
797
-
2 214
-
national
877
-
17 348
-
total
14 349
-
55 430
-
Employer
53 094
-
147 639
-
accident
54
-
147
-
unemployment
345
-
959
-
pensions
9 212
-
25 616
-
health
408
-
1 138
-
total
10 019
-
27 860
-
Corporate
112 388
175 500
-
-
income
22 477
35 100
-
-
total
22 477
35 100
-
-
Dividends

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

67 433
105 300
-
-
national
3 922
11 333
-
-
municipal
12 138
18 954
-
-
total
16 060
30 287
-
-
Income
175 500
175 500
175 500
175 500
Total tax
62 905
65 387
83 290
61 975
After tax
112 595
110 113
92 210
113 525
Living cost
38 745
38 745
38 745
38 745
Free-cash
73 850
71 368
53 465
74 780

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽104674
₽99180
₽96702
₽95152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
34 629
health
-
-
-
4 476
social contributions
-
-
-
16 328
total
-
-
-
55 433
Employee
77 600
77 600
163 783
-
social contributions
2 934
6 440
8 687
-
health
601
1 319
2 785
-
income
8 449
7 183
33 794
-
total
11 984
14 942
45 266
-
Employer
77 600
77 600
163 783
-
social contributions
2 934
6 440
8 687
-
health
653
1 436
3 030
-
total
3 587
7 876
11 717
-
Corporate
136 563
90 023
-
-
income
17 071
11 253
-
-
total
17 071
11 253
-
-
Dividends
119 492
78 770
-
-
withholding
20 313
13 390
-
-
total
20 313
13 390
-
-
Income
175 500
175 500
175 500
175 500
Total tax
52 955
47 461
56 983
55 433
After tax
122 545
128 039
118 517
120 067
Living cost
23 365
23 365
23 365
23 365
Free-cash
99 180
104 674
95 152
96 702

Estimated living cost  is ₽23365 per week

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

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽129308
₽124173
₽131540
₽111298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
175 500
income
-
-
-
17 837
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
27 937
Employee

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

23 164
-
165 637
-
health
1 969
-
8 139
-
income
1 584
-
15 336
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
38 317
-
Employer

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

23 164
-
165 637
-
unemployment
115
-
479
-
pensions
1 274
-
5 266
-
health
996
-
4 117
-
total
2 385
-
9 862
-
Corporate
149 952
175 500
-
-
income
13 496
15 796
-
-
total
13 496
15 796
-
-
Dividends
136 456
159 704
-
-
withholding
12 281
14 373
-
-
total
12 281
14 373
-
-
Income
175 500
175 500
175 500
175 500
Total tax
35 304
30 169
48 179
27 937
After tax
140 196
145 331
127 321
147 563
Living cost
16 023
16 023
16 023
16 023
Free-cash
124 173
129 308
111 298
131 540

Estimated living cost  is ₽16023 per week

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

Source of data for Podgorica model

Close
Valencia , Spain
₽89258
₽84802
₽70765
₽66531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
48 922
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
76 984
Employee
37 315
-
145 680
-
other
36
-
94
-
income
7 194
-
45 457
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
51 398
-
Employer
37 315
-
145 680
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 075
-
total
11 897
-
29 820
-
Corporate
126 289
175 500
-
-
income

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

18 944
26 325
-
-
total
18 944
26 325
-
-
Dividends
107 345
149 175
-
-
withholding
22 544
32 166
-
-
total
22 544
32 166
-
-
Income
175 500
175 500
175 500
175 500
Total tax
62 947
58 491
81 218
76 984
After tax
112 553
117 009
94 282
98 516
Living cost
27 751
27 751
27 751
27 751
Free-cash
84 802
89 258
66 531
70 765

Estimated living cost  is ₽27751 per week

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

Source of data for Valencia model

Close
Istanbul , Turkey
₽106756
₽106302
₽109701
₽109503
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
59 576
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
63 043
Employee
4 198
-
173 238
-
health
210
-
503
-
income
812
-
59 470
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
60 979
-
Employer
4 198
-
173 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
170 358
175 500
-
-
income
37 479
38 610
-
-
total
37 479
38 610
-
-
Dividends
132 879
136 890
-
-
withholding
26 576
27 378
-
-
total
26 576
27 378
-
-
Income
175 500
175 500
175 500
175 500
Total tax
66 442
65 988
63 241
63 043
After tax
109 058
109 512
112 259
112 457
Living cost
2 756
2 756
2 756
2 756
Free-cash
106 302
106 756
109 503
109 701

Estimated living cost  is ₽2756 per week

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

Source of data for Istanbul model

Close
Belgrade , Serbia
₽109346
₽104381
₽90195
₽90196
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
175 500
income
-
-
-
39 659
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
67 852
Employee

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

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

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

26 319
-
162 149
-
health
1 355
-
3 841
-
income
3 628
-
39 659
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
54 501
-
Employer

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

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

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

26 319
-
162 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
144 470
175 500
-
-
income
21 671
26 325
-
-
total
21 671
26 325
-
-
Dividends
122 800
149 175
-
-
withholding
18 420
22 376
-
-
total
18 420
22 376
-
-
Income
175 500
175 500
175 500
175 500
Total tax
53 666
48 701
67 851
67 852
After tax
121 834
126 799
107 649
107 648
Living cost
17 453
17 453
17 453
17 453
Free-cash
104 381
109 346
90 196
90 195

Estimated living cost  is ₽17453 per week

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

Source of data for Belgrade model

Close
Porto , Portugal
₽72617
₽72255
₽66929
₽53621
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
175 500
income
-
-
-
20 379
surtax
-
-
-
-
social contributions

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

-
-
-
60 986
total
-
-
-
81 365
Employee
39 168
-
141 817
-
social contributions
4 309
-
15 600
-
surtax
-
-
-
-
income
7 653
-
45 390
-
total
11 962
-
60 990
-
Employer
39 168
-
141 817
-
social contributions
9 302
-
33 683
-
total
9 302
-
33 683
-
Corporate
127 030
175 500
-
-
surtax
-
-
-
-
income
26 677
36 856
-
-
total
26 677
36 856
-
-
Dividends
100 353
138 644
-
-
withholding
28 098
38 821
-
-
total
28 098
38 821
-
-
Income
175 500
175 500
175 500
175 500
Total tax
76 039
75 677
94 673
81 365
After tax
99 461
99 823
80 827
94 135
Living cost
27 206
27 206
27 206
27 206
Free-cash
72 255
72 617
53 621
66 929

Estimated living cost  is ₽27206 per week

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

Source of data for Porto model

Close
Madrid , Spain
₽81542
₽74913
₽63049
₽58815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
48 922
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
76 984
Employee
48 738
-
145 680
-
other
48
-
94
-
income
10 180
-
45 457
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
51 398
-
Employer
48 738
-
145 680
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 075
-
total
15 539
-
29 820
-
Corporate
111 223
175 500
-
-
income

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

16 684
26 325
-
-
total
16 684
26 325
-
-
Dividends
94 539
149 175
-
-
withholding
19 624
32 166
-
-
total
19 624
32 166
-
-
Income
175 500
175 500
175 500
175 500
Total tax
65 120
58 491
81 218
76 984
After tax
110 380
117 009
94 282
98 516
Living cost
35 467
35 467
35 467
35 467
Free-cash
74 913
81 542
58 815
63 049

Estimated living cost  is ₽35467 per week

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

Source of data for Madrid model

Close
Sofia , Bulgaria
₽132682
₽126530
₽122388
₽129244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
26 325
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
35 742
Employee
23 001
-
168 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
16 858
-
pensions

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

2 019
-
3 097
-
total
5 630
-
21 965
-
Employer
23 001
-
168 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
147 986
175 500
-
-
income
14 798
17 550
-
-
total
14 798
17 550
-
-
Dividends
133 188
157 950
-
-
withholding
6 659
7 898
-
-
total
6 659
7 898
-
-
Income
175 500
175 500
175 500
175 500
Total tax
31 600
25 448
28 886
35 742
After tax
143 900
150 052
146 614
139 758
Living cost
17 370
17 370
17 370
17 370
Free-cash
126 530
132 682
129 244
122 388

Estimated living cost  is ₽17370 per week

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

Source of data for Sofia model

Close
Berlin , Germany
₽51366
₽64564
₽54225
₽72677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
18 452
income

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

-
-
-
53 998
health

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

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

-
-
-
6 894
surtax

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

-
-
-
2 970
total
-
-
-
82 314
Employee

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

50 212
-
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.

6 894
-
6 894
-
surtax

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

228
-
2 970
-
income

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

4 129
-
53 998
-
total
11 251
-
63 862
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
125 288
175 500
-
-
surtax

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

1 034
1 448
-
-
income
18 793
26 325
-
-
trade
17 979
25 183
-
-
chamber of commerce
337
410
-
-
total
38 143
53 366
-
-
Dividends
87 145
122 134
-
-
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.

1 178
1 658
-
-
withholding
21 403
30 149
-
-
total
22 581
31 807
-
-
Income
175 500
175 500
175 500
175 500
Total tax
71 975
85 173
63 862
82 314
After tax
103 525
90 327
111 638
93 186
Living cost
38 961
38 961
38 961
38 961
Free-cash
64 564
51 366
72 677
54 225

Estimated living cost  is ₽38961 per week

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

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₽65364
₽67589
₽35266
₽35266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
53 519
social contributions
-
-
-
29 228
total
-
-
-
82 747
Employee
78 939
-
175 500
-
income
14 896
-
53 519
-
social contributions
6 558
-
29 228
-
total
21 454
-
82 747
-
Employer
78 939
-
175 500
-
total
-
-
-
-
Corporate
96 561
175 500
-
-
income
12 071
21 937
-
-
total
12 071
21 937
-
-
Dividends
84 490
153 563
-
-
withholding
16 899
30 712
-
-
total
16 899
30 712
-
-
Income
175 500
175 500
175 500
175 500
Total tax
50 424
52 649
82 747
82 747
After tax
125 076
122 851
92 753
92 753
Living cost
57 487
57 487
57 487
57 487
Free-cash
67 589
65 364
35 266
35 266

Estimated living cost  is ₽57487 per week

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

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₽72110
₽75637
₽103400
₽88290
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
175 500
income
-
-
-
28 726
health

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

-
-
-
6 741
total
-
-
-
35 467
Employee
46 295
-
170 858
-
income
5 023
-
41 293
-
social contributions
4 638
-
4 642
-
total
9 661
-
45 935
-
Employer
46 295
-
170 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
124 567
175 500
-
-
income
43 599
61 425
-
-
total
43 599
61 425
-
-
Dividends
80 968
114 075
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
175 500
175 500
175 500
175 500
Total tax
63 230
66 757
50 577
35 467
After tax
112 270
108 743
124 923
140 033
Living cost
36 633
36 633
36 633
36 633
Free-cash
75 637
72 110
88 290
103 400

Estimated living cost  is ₽36633 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽77576
₽83570
₽78980
₽63078
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 852
pensions
-
-
-
9 053
total
-
-
-
58 905
Employee
51 632
-
153 336
-
health
674
-
2 235
-
income
9 403
-
39 252
-
pensions
3 941
-
11 156
-
total
14 018
-
52 643
-
Employer
51 632
-
153 336
-
pensions
5 217
-
19 251
-
health
981
-
2 913
-
total
6 198
-
22 164
-
Corporate
117 670
175 500
-
-
income

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

22 358
33 344
-
-
total
22 358
33 344
-
-
Dividends
95 312
142 156
-
-
withholding
11 741
26 965
-
-
total
11 741
26 965
-
-
Income
175 500
175 500
175 500
175 500
Total tax
54 315
60 309
74 807
58 905
After tax
121 185
115 191
100 693
116 595
Living cost
37 615
37 615
37 615
37 615
Free-cash
83 570
77 576
63 078
78 980

Estimated living cost  is ₽37615 per week

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

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽9680
₽10548
₽96080
₽71390
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
48 537
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
55 524
Employee
37 589
-
157 941
-
health
4 304
-
18 084
-
income
5 157
-
36 917
-
pensions
4 233
-
7 653
-
total
13 694
-
62 654
-
Employer
37 589
-
157 941
-
accident
628
-
2 638
-
unemployment
921
-
3 870
-
pensions
6 112
-
11 052
-
total
7 661
-
17 560
-
Corporate
130 251
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.

117 226
157 950
-
-
total
117 226
157 950
-
-
Dividends
13 025
17 550
-
-
withholding
2 475
3 334
-
-
total
2 475
3 334
-
-
Income
175 500
175 500
175 500
175 500
Total tax
141 056
161 284
80 214
55 524
After tax
34 444
14 216
95 286
119 976
Living cost
23 896
23 896
23 896
23 896
Free-cash
10 548
-9 680
71 390
96 080

Estimated living cost  is ₽23896 per week

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

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽134052
₽129330
₽88586
₽110778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
28 901
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
73 283
Employee

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

21 810
-
175 500
-
work injury
109
-
403
-
income
2 181
-
28 901
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
51 091
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
153 690
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%.

1 537
1 755
-
-
total
1 537
1 755
-
-
Dividends
152 153
173 745
-
-
withholding
22 823
26 062
-
-
total
22 823
26 062
-
-
Income
175 500
175 500
175 500
175 500
Total tax
32 539
27 817
51 091
73 283
After tax
142 961
147 683
124 409
102 217
Living cost
13 631
13 631
13 631
13 631
Free-cash
129 330
134 052
110 778
88 586

Estimated living cost  is ₽13631 per week

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

Source of data for Skopje model

Close
Rome , Italy
₽52238
₽47646
₽41726
₽34024
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 174
regional
-
-
-
4 017
national
-
-
-
43 241
social contributions
-
-
-
45 139
total
-
-
-
93 571
Employee
85 039
-
175 500
-
social contributions
28 675
-
59 178
-
regional
1 284
-
3 563
-
municipal
507
-
1 048
-
national
14 371
-
37 484
-
total
44 837
-
101 273
-
Employer
85 039
-
175 500
-
total
-
-
-
-
Corporate
90 461
175 500
-
-
nationa
21 711
42 120
-
-
municipal
4 361
8 459
-
-
total
26 072
50 579
-
-
Dividends
64 389
124 921
-
-
withholding
16 742
32 480
-
-
total
16 742
32 480
-
-
Income
175 500
175 500
175 500
175 500
Total tax
87 651
83 059
101 273
93 571
After tax
87 849
92 441
74 227
81 929
Living cost
40 203
40 203
40 203
40 203
Free-cash
47 646
52 238
34 024
41 726

Estimated living cost  is ₽40203 per week

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

Source of data for Rome model

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