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
₽60058
₽82231
₽61465
₽70446
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
175 500
income

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

-
-
-
55 372
surtax

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

-
-
-
3 045
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.

-
-
-
6 414
trade
-
-
-
20 766
total
-
-
-
85 597
Employee

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

35 910
-
175 500
-
surtax

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

55
-
3 045
-
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.

1 003
-
55 372
-
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.

6 414
-
6 414
-
total
7 472
-
64 831
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
139 590
175 500
-
-
income
20 939
26 325
-
-
surtax

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

1 151
1 449
-
-
chamber of commerce
344
396
-
-
trade
21 986
27 641
-
-
total
44 420
55 811
-
-
Dividends
95 170
119 690
-
-
surtax

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

1 288
1 627
-
-
withholding
23 436
29 566
-
-
total
24 724
31 193
-
-
Income
175 500
175 500
175 500
175 500
Total tax
76 616
87 004
64 831
85 597
After tax
98 884
88 496
110 669
89 903
Living cost
28 438
28 438
28 438
28 438
Free-cash
70 446
60 058
82 231
61 465

Estimated living cost  is ₽28438 per week

₽17888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59561
₽54313
₽53370
₽58731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
social contributions
-
-
-
1 887
municipal
-
-
-
19 240
national
-
-
-
29 992
pensions
-
-
-
21 060
total
-
-
-
72 179
Employee
77 434
-
151 718
-
municipal
9 564
-
19 919
-
pensions
3 097
-
6 069
-
national
14 821
-
31 480
-
total
27 482
-
57 468
-
Employer
77 434
-
151 718
-
pensions
6 195
-
12 137
-
social contributions
832
-
1 631
-
total
7 027
-
13 768
-
Corporate
85 929
175 500
-
-
income

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

17 186
35 100
-
-
total
17 186
35 100
-
-
Dividends
68 743
140 400
-
-
withholding
15 123
30 888
-
-
total
15 123
30 888
-
-
Income
175 500
175 500
175 500
175 500
Total tax
66 818
65 988
71 236
72 179
After tax
108 682
109 512
104 264
103 321
Living cost
49 951
49 951
49 951
49 951
Free-cash
58 731
59 561
54 313
53 370

Estimated living cost  is ₽49951 per week

₽33951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4643
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.
₽10609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120868
₽54893
₽41897
₽113165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
175 500
income
-
-
-
33 344
surtax
-
-
-
44 753
social contributions

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

-
-
-
35 973
microenterprise
-
-
-
-
total
-
-
-
114 070
Employee
27 434
-
133 824
-
surtax
-
-
19 404
-
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.

3 018
-
12 308
-
income
4 884
-
27 687
-
total
7 902
-
59 399
-
Employer
27 434
-
133 824
-
social contributions

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

6 608
-
26 955
-
surtax
-
-
14 720
-
total
6 608
-
41 675
-
Corporate
141 457
175 500
-
-
income

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

28 292
35 099
-
-
total
28 292
35 099
-
-
Dividends

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

113 166
140 401
-
-
total
-
-
-
-
Income
175 500
175 500
175 500
175 500
Total tax
42 802
35 099
101 074
114 070
After tax
132 698
140 401
74 426
61 430
Living cost
19 533
19 533
19 533
19 533
Free-cash
113 165
120 868
54 893
41 897

Estimated living cost  is ₽19533 per week

₽12461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47709
₽71416
₽56856
₽41957
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 736
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
79 313
Employee
80 176
80 176
158 052
-
pensions
14 432
11 000
11 000
-
income

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

13 124
13 124
24 728
-
health
12 306
10 467
11 577
-
total
39 862
34 591
47 305
-
Employer
80 176
80 176
158 052
-
health
5 573
5 573
6 925
-
pensions
5 580
5 580
6 936
-
unemployment
2 886
2 886
3 587
-
total
14 039
14 039
17 448
-
Corporate
82 267
81 284
-
-
income
16 454
16 256
-
-
total
16 454
16 256
-
-
Dividends
65 813
65 028
-
-
income
13 985
13 819
-
-
withholding
9 872
9 755
-
-
total
23 857
23 574
-
-
Income
175 500
175 500
175 500
175 500
Total tax
94 212
88 460
64 753
79 313
After tax
81 288
87 040
110 747
96 187
Living cost
39 331
39 331
39 331
39 331
Free-cash
41 957
47 709
71 416
56 856

Estimated living cost  is ₽39331 per week

₽27873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58060
₽50896
₽51813
₽57210
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
165
other
-
-
-
9 617
unemployment
-
-
-
83
health
-
-
-
5 164
municipal
-
-
-
45 184
national
-
-
-
16 764
pensions
-
-
-
8 947
total
-
-
-
85 924
Employee
53 808
-
149 496
-
municipal
16 046
-
44 580
-
national
-
-
16 257
-
total
16 046
-
60 837
-
Employer
53 808
-
149 496
-
health
3 309
-
5 090
-
pensions
5 817
-
8 947
-
accident
108
-
165
-
unemployment
1 421
-
2 185
-
other
6 253
-
9 617
-
total
16 908
-
26 004
-
Corporate
104 785
175 500
-
-
income
23 053
38 610
-
-
total
23 053
38 610
-
-
Dividends
81 732
136 890
-
-
withholding
24 520
41 067
-
-
total
24 520
41 067
-
-
Income
175 500
175 500
175 500
175 500
Total tax
80 527
79 677
86 841
85 924
After tax
94 973
95 823
88 659
89 576
Living cost
37 763
37 763
37 763
37 763
Free-cash
57 210
58 060
50 896
51 813

Estimated living cost  is ₽37763 per week

₽25028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50714
₽73786
₽52097
₽63905
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
175 500
income

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

-
-
-
55 372
surtax

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

-
-
-
3 045
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.

-
-
-
6 414
trade
-
-
-
21 689
total
-
-
-
86 520
Employee

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

47 612
-
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.

224
-
3 045
-
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.

4 091
-
55 372
-
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.

6 414
-
6 414
-
total
10 729
-
64 831
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
127 888
175 500
-
-
income
19 184
26 325
-
-
surtax

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

1 055
1 449
-
-
chamber of commerce
324
392
-
-
trade
21 038
28 869
-
-
total
41 601
57 035
-
-
Dividends
86 287
118 466
-
-
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.

1 167
1 609
-
-
withholding
21 215
29 259
-
-
total
22 382
30 868
-
-
Income
175 500
175 500
175 500
175 500
Total tax
74 712
87 903
64 831
86 520
After tax
100 788
87 597
110 669
88 980
Living cost
36 883
36 883
36 883
36 883
Free-cash
63 905
50 714
73 786
52 097

Estimated living cost  is ₽36883 per week

₽24668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
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.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97543
₽87478
₽88994
₽93649
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 386
social contributions
-
-
-
15 191
health
-
-
-
4 476
total
-
-
-
56 053
Employee
72 195
72 195
164 377
-
social contributions
3 508
5 992
8 082
-
income
7 581
6 683
35 570
-
health
718
1 228
2 794
-
total
11 807
13 903
46 446
-
Employer
72 195
72 195
164 377
-
health
782
1 336
3 041
-
social contributions
3 508
5 992
8 082
-
total
4 290
7 328
11 123
-
Corporate
128 950
95 977
-
-
income
16 119
11 996
-
-
total
16 119
11 996
-
-
Dividends
112 831
83 980
-
-
withholding
19 182
14 277
-
-
total
19 182
14 277
-
-
Income
175 500
175 500
175 500
175 500
Total tax
51 398
47 504
57 569
56 053
After tax
124 102
127 996
117 931
119 447
Living cost
30 453
30 453
30 453
30 453
Free-cash
93 649
97 543
87 478
88 994

Estimated living cost  is ₽30453 per week

₽20817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽81736
₽84915
₽104754
₽82087
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 286
9 665
146 862
-
unemployment
364
145
2 203
-
pensions
2 429
967
14 686
-
income
2 969
1 182
17 954
-
health
1 700
677
10 280
-
total
7 462
2 971
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.

24 286
9 665
146 862
-
pensions
4 736
1 885
28 638
-
total
4 736
1 885
28 638
-
Corporate
146 479
163 950
-
-
income
13 183
14 755
-
-
total
13 183
14 755
-
-
Dividends
133 296
149 194
-
-
social contributions
25 882
28 982
-
-
withholding
25 326
28 347
-
-
total
51 208
57 329
-
-
Income
175 500
175 500
175 500
175 500
Total tax
76 589
76 940
73 761
53 922
After tax
98 911
98 560
101 739
121 578
Living cost
16 824
16 824
16 824
16 824
Free-cash
82 087
81 736
84 915
104 754

Estimated living cost  is ₽16824 per week

₽11481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117724
₽78478
₽71392
₽111889
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
22 815
pensions
-
-
-
35 099
total
-
-
-
81 431
Employee
26 635
-
131 166
-
unemployment
426
-
2 099
-
pensions
533
-
2 623
-
income
2 999
-
25 289
-
total
3 958
-
30 011
-
Employer
26 635
-
131 166
-
health
3 462
-
17 051
-
pensions
5 327
-
26 234
-
unemployment
214
-
1 049
-
total
9 003
-
44 334
-
Corporate
139 863
175 500
-
-
income
27 973
35 099
-
-
total
27 973
35 099
-
-
Dividends
111 890
140 401
-
-
total
-
-
-
-
Income
175 500
175 500
175 500
175 500
Total tax
40 934
35 099
74 345
81 431
After tax
134 566
140 401
101 155
94 069
Living cost
22 677
22 677
22 677
22 677
Free-cash
111 889
117 724
78 478
71 392

Estimated living cost  is ₽22677 per week

₽15554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6715
₽74674
₽99012
₽11005
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
accident
-
-
-
240
income
-
-
-
48 930
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
55 557
Employee
32 926
-
158 488
-
pensions
3 708
-
7 259
-
income
4 517
-
37 477
-
health
3 770
-
18 147
-
total
11 995
-
62 883
-
Employer
32 926
-
158 488
-
pensions
5 354
-
10 482
-
accident
550
-
2 647
-
unemployment
807
-
3 883
-
total
6 711
-
17 012
-
Corporate
135 864
175 500
-
-
income

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

122 277
157 950
-
-
total
122 277
157 950
-
-
Dividends
13 587
17 550
-
-
withholding
2 581
3 334
-
-
total
2 581
3 334
-
-
Income
175 500
175 500
175 500
175 500
Total tax
143 564
161 284
79 895
55 557
After tax
31 936
14 216
95 605
119 943
Living cost
20 931
20 931
20 931
20 931
Free-cash
11 005
-6 715
74 674
99 012

Estimated living cost  is ₽20931 per week

₽15341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159174
₽132849
₽166194
₽157759
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
175 500
microenterprise

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

-
-
-
1 755
total
-
-
-
1 755
Employee
9 438
-
175 500
-
income
1 887
-
35 100
-
total
1 887
-
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%.

166 062
175 500
-
-
total
-
-
-
-
Dividends
166 062
175 500
-
-
withholding
8 303
8 775
-
-
total
8 303
8 775
-
-
Income
175 500
175 500
175 500
175 500
Total tax
10 190
8 775
35 100
1 755
After tax
165 310
166 725
140 400
173 745
Living cost
7 551
7 551
7 551
7 551
Free-cash
157 759
159 174
132 849
166 194

Estimated living cost  is ₽7551 per week

₽4680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103924
₽74206
₽75083
₽97583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 071
other
-
-
-
6 781
health
-
-
-
6 282
pensions

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

-
-
-
34 266
total
-
-
-
75 400
Employee
34 090
-
140 176
-
unemployment
340
-
1 402
-
pensions

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

2 386
-
9 812
-
income
5 869
-
27 777
-
health
477
-
1 962
-
total
9 072
-
40 953
-
Employer
34 090
-
140 176
-
health
477
-
1 962
-
pensions

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

5 796
-
23 830
-
accident
273
-
1 121
-
unemployment
340
-
1 402
-
other
1 705
-
7 009
-
total
8 591
-
35 324
-
Corporate
132 819
175 500
-
-
income
27 893
36 854
-
-
total
27 893
36 854
-
-
Dividends
104 926
138 646
-
-
withholding
7 344
9 705
-
-
total
7 344
9 705
-
-
Income
175 500
175 500
175 500
175 500
Total tax
52 900
46 559
76 277
75 400
After tax
122 600
128 941
99 223
100 100
Living cost
25 017
25 017
25 017
25 017
Free-cash
97 583
103 924
74 206
75 083

Estimated living cost  is ₽25017 per week

₽17676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50850
₽36831
₽52663
₽55556
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
51 175
pensions
-
-
-
8 666
total
-
-
-
59 841
Employee
89 130
-
153 220
-
pensions
8 599
-
10 591
-
income
16 067
-
40 620
-
health
1 469
-
2 185
-
total
26 135
-
53 396
-
Employer
89 130
-
153 220
-
health
1 693
-
2 910
-
pensions
10 524
-
19 367
-
total
12 217
-
22 277
-
Corporate
74 153
175 500
-
-
income

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

14 090
33 345
-
-
total
14 090
33 345
-
-
Dividends
60 063
142 155
-
-
withholding
4 506
28 309
-
-
total
4 506
28 309
-
-
Income
175 500
175 500
175 500
175 500
Total tax
56 948
61 654
75 673
59 841
After tax
118 552
113 846
99 827
115 659
Living cost
62 996
62 996
62 996
62 996
Free-cash
55 556
50 850
36 831
52 663

Estimated living cost  is ₽62996 per week

₽47204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 London model

Close
Varna , Bulgaria
₽137743
₽135099
₽128108
₽133383
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
26 325
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
35 082
Employee
16 300
-
169 066
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
pensions

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

1 431
-
2 880
-
income
1 630
-
16 906
-
health
750
-
1 509
-
total
3 990
-
21 656
-
Employer
16 300
-
169 066
-
health
1 125
-
2 263
-
pensions

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

1 796
-
3 614
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
unemployment
97
-
197
-
total
3 197
-
6 435
-
Corporate
156 001
175 500
-
-
income
15 600
17 550
-
-
total
15 600
17 550
-
-
Dividends
140 401
157 950
-
-
withholding
7 020
7 897
-
-
total
7 020
7 897
-
-
Income
175 500
175 500
175 500
175 500
Total tax
29 807
25 447
28 091
35 082
After tax
145 693
150 053
147 409
140 418
Living cost
12 310
12 310
12 310
12 310
Free-cash
133 383
137 743
135 099
128 108

Estimated living cost  is ₽12310 per week

₽7187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34978
₽58685
₽44125
₽37339
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 736
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
79 313
Employee
87 046
80 176
158 052
-
pensions
11 000
11 000
11 000
-
income

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

13 124
13 124
24 728
-
health
10 859
10 467
11 577
-
total
34 983
34 591
47 305
-
Employer
87 046
80 176
158 052
-
health
6 049
5 573
6 925
-
pensions
6 058
5 580
6 936
-
unemployment
3 134
2 886
3 587
-
total
15 241
14 039
17 448
-
Corporate
73 213
81 284
-
-
income
14 642
16 256
-
-
total
14 642
16 256
-
-
Dividends
58 571
65 028
-
-
income
12 447
13 819
-
-
withholding
8 786
9 755
-
-
total
21 233
23 574
-
-
Income
175 500
175 500
175 500
175 500
Total tax
86 099
88 460
64 753
79 313
After tax
89 401
87 040
110 747
96 187
Living cost
52 062
52 062
52 062
52 062
Free-cash
37 339
34 978
58 685
44 125

Estimated living cost  is ₽52062 per week

₽38405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97842
₽70027
₽77546
₽89640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 809
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
380
health
-
-
-
23 693
total
-
-
-
74 964
Employee
33 809
-
135 024
-
solidarity contribution
-
-
-
-
social contributions
2 198
-
7 364
-
income
4 057
-
16 415
-
health
4 564
-
18 228
-
total
10 819
-
42 007
-
Employer
33 809
-
135 024
-
health
3 043
-
12 152
-
social contributions
8 452
-
28 324
-
total
11 495
-
40 476
-
Corporate
130 195
175 500
-
-
income
24 737
33 345
-
-
total
24 737
33 345
-
-
Dividends
105 458
142 155
-
-
withholding
15 819
21 323
-
-
total
15 819
21 323
-
-
Income
175 500
175 500
175 500
175 500
Total tax
62 870
54 668
82 483
74 964
After tax
112 630
120 832
93 017
100 536
Living cost
22 990
22 990
22 990
22 990
Free-cash
89 640
97 842
70 027
77 546

Estimated living cost  is ₽22990 per week

₽15969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54020
₽35741
₽43669
₽49116
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
social contributions
-
-
-
45 139
regional
-
-
-
2 082
municipal
-
-
-
1 042
national
-
-
-
43 951
total
-
-
-
92 214
Employee
83 442
-
175 500
-
municipal
442
-
930
-
national
14 458
-
38 194
-
regional
787
-
1 839
-
social contributions
28 137
-
59 179
-
total
43 824
-
100 142
-
Employer
83 442
-
175 500
-
total
-
-
-
-
Corporate
92 058
175 500
-
-
municipal
3 590
6 845
-
-
nationa
22 095
42 119
-
-
total
25 685
48 964
-
-
Dividends
66 373
126 535
-
-
withholding
17 258
32 899
-
-
total
17 258
32 899
-
-
Income
175 500
175 500
175 500
175 500
Total tax
86 767
81 863
100 142
92 214
After tax
88 733
93 637
75 358
83 286
Living cost
39 617
39 617
39 617
39 617
Free-cash
49 116
54 020
35 741
43 669

Estimated living cost  is ₽39617 per week

₽27616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89672
₽56459
₽62198
₽86751
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
50 413
other
-
-
-
-
surtax
-
-
-
8 000
unemployment
-
-
-
214
health
-
-
-
8 896
pensions
-
-
-
25 061
total
-
-
-
92 584
Employee
31 048
-
149 124
-
other
-
-
-
-
unemployment
2 161
-
8 721
-
pensions
2 070
-
8 358
-
surtax
102
-
6 877
-
income
5 204
-
44 797
-
health
793
-
3 195
-
total
10 330
-
71 948
-
Employer
31 048
-
149 124
-
health
1 413
-
5 701
-
pensions
4 139
-
16 703
-
unemployment
983
-
3 971
-
other
-
-
-
-
total
6 535
-
26 375
-
Corporate
137 917
175 500
-
-
income
35 858
45 629
-
-
total
35 858
45 629
-
-
Dividends
102 058
129 871
-
-
withholding
15 308
19 481
-
-
total
15 308
19 481
-
-
Income
175 500
175 500
175 500
175 500
Total tax
68 031
65 110
98 323
92 584
After tax
107 469
110 390
77 177
82 916
Living cost
20 718
20 718
20 718
20 718
Free-cash
86 751
89 672
56 459
62 198

Estimated living cost  is ₽20718 per week

₽12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1912
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.
₽5660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70809
₽56790
₽72622
₽77032
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
51 175
pensions
-
-
-
8 666
total
-
-
-
59 841
Employee
59 733
-
153 220
-
pensions
5 070
-
10 591
-
income
10 758
-
40 620
-
health
867
-
2 185
-
total
16 695
-
53 396
-
Employer
59 733
-
153 220
-
health
1 135
-
2 910
-
pensions
6 466
-
19 367
-
total
7 601
-
22 277
-
Corporate
108 166
175 500
-
-
income

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

20 552
33 345
-
-
total
20 552
33 345
-
-
Dividends
87 615
142 155
-
-
withholding
10 583
28 309
-
-
total
10 583
28 309
-
-
Income
175 500
175 500
175 500
175 500
Total tax
55 431
61 654
75 673
59 841
After tax
120 069
113 846
99 827
115 659
Living cost
43 037
43 037
43 037
43 037
Free-cash
77 032
70 809
56 790
72 622

Estimated living cost  is ₽43037 per week

₽32243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽5972
₽59393
₽67336
₽37754
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
other

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

-
-
-
3 510
regional
-
-
-
8 831
health
-
-
-
395
city
-
-
-
1 851
national
-
-
-
3 151
pensions
-
-
-
16 146
total
-
-
-
33 884
Employee
86 926
-
157 082
-
unemployment
-
-
-
-
pensions
7 303
-
13 194
-
national
411
-
2 299
-
regional
2 846
-
7 604
-
city
933
-
1 688
-
health
197
-
353
-
total
11 690
-
25 138
-
Employer
86 926
-
157 082
-
health
197
-
353
-
pensions
7 303
-
13 194
-
unemployment
-
-
-
-
other

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

1 738
-
3 142
-
total
9 238
-
16 689
-
Corporate
78 380
175 500
-
-
regional
16 577
37 118
-
-
national
6 662
14 917
-
-
total
23 239
52 035
-
-
Dividends
55 142
123 465
-
-
withholding
19 299
43 213
-
-
total
19 299
43 213
-
-
Income
175 500
175 500
175 500
175 500
Total tax
63 466
95 248
41 827
33 884
After tax
112 034
80 252
133 673
141 616
Living cost
74 280
74 280
74 280
74 280
Free-cash
37 754
5 972
59 393
67 336

Estimated living cost  is ₽74280 per week

₽48303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽43681
₽67658
₽45046
₽58906
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
175 500
income

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

-
-
-
55 372
surtax

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

-
-
-
3 045
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.

-
-
-
6 414
trade
-
-
-
22 612
total
-
-
-
87 443
Employee

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

56 425
-
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.

365
-
3 045
-
income

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

6 635
-
55 372
-
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.

6 414
-
6 414
-
total
13 414
-
64 831
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
119 075
175 500
-
-
income
17 862
26 325
-
-
surtax

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

982
1 449
-
-
chamber of commerce
310
390
-
-
trade
20 422
30 098
-
-
total
39 576
58 262
-
-
Dividends
79 500
117 238
-
-
surtax

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

1 074
1 593
-
-
withholding
19 519
28 953
-
-
total
20 593
30 546
-
-
Income
175 500
175 500
175 500
175 500
Total tax
73 583
88 808
64 831
87 443
After tax
101 917
86 692
110 669
88 057
Living cost
43 010
43 010
43 010
43 010
Free-cash
58 906
43 681
67 658
45 046

Estimated living cost  is ₽43010 per week

₽31413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56330
₽63172
₽66613
₽61877
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 257
other
-
-
-
5 441
surtax
-
-
-
-
social contributions
-
-
-
5 001
health
-
-
-
7 736
pensions
-
-
-
30 330
total
-
-
-
76 765
Employee
40 183
-
135 426
-
pensions
4 543
-
9 582
-
surtax
-
-
-
-
social contributions
1 146
-
3 857
-
income
2 371
-
26 696
-
total
8 060
-
40 135
-
Employer
40 183
-
135 426
-
health
2 813
-
12 726
-
pensions
6 601
-
16 102
-
unemployment
1 627
-
5 484
-
social contributions
121
-
406
-
other
1 386
-
5 353
-
total
12 548
-
40 071
-
Corporate
122 769
175 500
-
-
income
34 376
49 139
-
-
surtax
-
-
-
-
total
34 376
49 139
-
-
Dividends
88 393
126 361
-
-
surtax
-
-
-
-
social contributions
15 203
21 735
-
-
withholding
11 314
16 174
-
-
total
26 517
37 909
-
-
Income
175 500
175 500
175 500
175 500
Total tax
81 501
87 048
80 206
76 765
After tax
93 999
88 452
95 294
98 735
Living cost
32 122
32 122
32 122
32 122
Free-cash
61 877
56 330
63 172
66 613

Estimated living cost  is ₽32122 per week

₽20254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59512
₽66354
₽69795
₽64731
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 257
other
-
-
-
5 441
surtax
-
-
-
-
social contributions
-
-
-
5 001
health
-
-
-
7 736
pensions
-
-
-
30 330
total
-
-
-
76 765
Employee
35 869
-
135 426
-
pensions
4 057
-
9 582
-
surtax
-
-
-
-
social contributions
1 023
-
3 857
-
income
1 849
-
26 696
-
total
6 929
-
40 135
-
Employer
35 869
-
135 426
-
health
2 510
-
12 726
-
pensions
5 894
-
16 102
-
unemployment
1 452
-
5 484
-
social contributions
107
-
406
-
other
1 238
-
5 353
-
total
11 201
-
40 071
-
Corporate
128 430
175 500
-
-
income
35 960
49 139
-
-
surtax
-
-
-
-
total
35 960
49 139
-
-
Dividends
92 470
126 361
-
-
surtax
-
-
-
-
social contributions
15 903
21 735
-
-
withholding
11 836
16 174
-
-
total
27 739
37 909
-
-
Income
175 500
175 500
175 500
175 500
Total tax
81 829
87 048
80 206
76 765
After tax
93 671
88 452
95 294
98 735
Living cost
28 940
28 940
28 940
28 940
Free-cash
64 731
59 512
66 354
69 795

Estimated living cost  is ₽28940 per week

₽16784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87161
₽88882
₽92798
₽87649
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
26 325
social contributions
-
-
-
24 219
health
-
-
-
12 249
total
-
-
-
62 793
Employee
31 834
-
175 500
-
social contributions
4 394
-
24 219
-
income
5 309
-
30 241
-
health
2 222
-
12 249
-
total
11 925
-
66 709
-
Employer
31 834
-
175 500
-
total
-
-
-
-
Corporate
143 666
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%.

7 184
8 775
-
-
total
7 184
8 775
-
-
Dividends
136 483
166 725
-
-
social contributions
18 834
23 009
-
-
withholding
20 472
25 008
-
-
health
9 527
11 638
-
-
total
48 833
59 655
-
-
Income
175 500
175 500
175 500
175 500
Total tax
67 942
68 430
66 709
62 793
After tax
107 558
107 070
108 791
112 707
Living cost
19 909
19 909
19 909
19 909
Free-cash
87 649
87 161
88 882
92 798

Estimated living cost  is ₽19909 per week

₽13324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63926
₽13303
₽57022
₽62470
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
50 069
surtax
-
-
-
185
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
702
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
85 396
Employee
46 921
37 416
141 430
-
other
469
374
1 098
-
unemployment
1 408
1 122
3 291
-
pensions
4 805
3 831
11 232
-
income
5 342
2 760
40 714
-
health
1 816
1 449
4 244
-
total
13 840
9 536
60 579
-
Employer
46 921
37 416
141 430
-
chamber of commerce
187
150
567
-
health
1 773
1 415
4 146
-
pensions
5 889
4 697
13 765
-
accident
609
486
1 425
-
unemployment
1 408
1 122
3 291
-
surtax
185
185
185
-
payroll
1 408
1 122
4 242
-
other
2 229
1 776
6 448
-
total
13 688
10 953
34 069
-
Corporate
114 892
127 130
137 867
-
income

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

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

28 723
31 782
34 467
-
total
28 723
31 782
34 467
-
Dividends
86 169
95 348
-
-
withholding
23 697
26 221
-
-
total
23 697
26 221
-
-
Income
175 500
175 500
175 500
175 500
Total tax
79 948
78 492
129 115
85 396
After tax
95 552
97 008
46 385
90 104
Living cost
33 082
33 082
33 082
33 082
Free-cash
62 470
63 926
13 303
57 022

Estimated living cost  is ₽33082 per week

₽22065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 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
₽63899
₽26993
₽41917
₽49817
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
communal

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

-
-
-
9 126
social contributions
-
-
-
23 408
national
-
-
-
66 816
total
-
-
-
99 350
Employee

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

67 159
-
135 928
-
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.

584
-
1 183
-
communal

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

3 503
-
7 089
-
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.

5 037
-
10 195
-
national
20 647
-
49 850
-
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.

3 155
-
6 387
-
total
32 926
-
74 704
-
Employer

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

67 159
-
135 928
-
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.

4 130
-
8 360
-
pensions

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

5 951
-
12 043
-
accident

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

873
-
1 767
-
unemployment

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

980
-
1 985
-
surtax
7 615
-
15 415
-
total
19 549
-
39 570
-
Corporate
88 793
175 500
-
-
income
17 758
35 099
-
-
surtax
355
702
-
-
total
18 113
35 801
-
-
Dividends
70 680
139 699
-
-
withholding

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

20 862
41 567
-
-
total
20 862
41 567
-
-
Income
175 500
175 500
175 500
175 500
Total tax
91 450
77 368
114 274
99 350
After tax
84 050
98 132
61 226
76 150
Living cost
34 233
34 233
34 233
34 233
Free-cash
49 817
63 899
26 993
41 917

Estimated living cost  is ₽34233 per week

₽22050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82953
₽60529
₽64470
₽76523
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
784
income
-
-
-
51 016
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
77 123
Employee
46 735
-
147 757
-
other
46
-
87
-
unemployment
725
-
1 349
-
pensions
2 197
-
4 091
-
income
9 861
-
47 793
-
total
12 829
-
53 320
-
Employer
46 735
-
147 757
-
pensions
11 029
-
20 538
-
accident
925
-
1 723
-
unemployment
2 571
-
4 786
-
other
372
-
697
-
total
14 897
-
27 744
-
Corporate
113 868
175 500
-
-
income

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

17 079
26 325
-
-
total
17 079
26 325
-
-
Dividends
96 789
149 175
-
-
withholding
20 265
32 315
-
-
total
20 265
32 315
-
-
Income
175 500
175 500
175 500
175 500
Total tax
65 070
58 640
81 064
77 123
After tax
110 430
116 860
94 436
98 377
Living cost
33 907
33 907
33 907
33 907
Free-cash
76 523
82 953
60 529
64 470

Estimated living cost  is ₽33907 per week

₽24969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50924
₽41610
₽34614
₽38584
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
communal
-
-
-
11 091
accident
-
-
-
1 479
income
-
-
-
29 959
surtax
-
-
-
8 700
health
-
-
-
12 329
pensions
-
-
-
26 305
total
-
-
-
89 863
Employee
71 101
-
156 765
-
pensions
5 687
-
12 541
-
surtax
4 358
-
9 607
-
income
6 868
-
35 008
-
health
3 164
-
6 977
-
total
20 077
-
64 133
-
Employer
71 101
-
156 765
-
health
2 168
-
4 782
-
pensions
5 687
-
12 541
-
accident
640
-
1 411
-
total
8 495
-
18 734
-
Corporate
95 904
175 500
-
-
communal
6 473
11 847
-
-
income
14 385
26 325
-
-
surtax
1 007
1 842
-
-
total
21 865
40 014
-
-
Dividends
74 039
135 487
-
-
income
24 351
13 215
-
-
withholding
11 105
20 324
-
-
total
35 456
33 539
-
-
Income
175 500
175 500
175 500
175 500
Total tax
85 893
73 553
82 867
89 863
After tax
89 607
101 947
92 633
85 637
Living cost
51 023
51 023
51 023
51 023
Free-cash
38 584
50 924
41 610
34 614

Estimated living cost  is ₽51023 per week

₽38274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89302
₽56089
₽61828
₽86314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
50 413
other
-
-
-
-
surtax
-
-
-
8 000
unemployment
-
-
-
214
health
-
-
-
8 896
pensions
-
-
-
25 061
total
-
-
-
92 584
Employee
31 618
-
149 124
-
other
-
-
-
-
unemployment
2 200
-
8 721
-
pensions
2 110
-
8 358
-
surtax
112
-
6 877
-
income
5 301
-
44 797
-
health
807
-
3 195
-
total
10 530
-
71 948
-
Employer
31 618
-
149 124
-
health
1 438
-
5 701
-
pensions
4 216
-
16 703
-
unemployment
1 003
-
3 971
-
other
-
-
-
-
total
6 657
-
26 375
-
Corporate
137 225
175 500
-
-
income
35 679
45 629
-
-
total
35 679
45 629
-
-
Dividends
101 547
129 871
-
-
withholding
15 232
19 481
-
-
total
15 232
19 481
-
-
Income
175 500
175 500
175 500
175 500
Total tax
68 098
65 110
98 323
92 584
After tax
107 402
110 390
77 177
82 916
Living cost
21 088
21 088
21 088
21 088
Free-cash
86 314
89 302
56 089
61 828

Estimated living cost  is ₽21088 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
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.
₽6035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66956
₽49544
₽57430
₽64871
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
social contributions
-
-
-
45 139
regional
-
-
-
2 647
municipal
-
-
-
1 042
national
-
-
-
43 951
total
-
-
-
92 779
Employee
52 081
-
175 500
-
municipal
276
-
930
-
national
8 251
-
38 194
-
regional
701
-
2 362
-
social contributions
17 562
-
59 179
-
total
26 790
-
100 665
-
Employer
52 081
-
175 500
-
total
-
-
-
-
Corporate
123 419
175 500
-
-
municipal
6 134
8 723
-
-
nationa
29 621
42 119
-
-
total
35 755
50 842
-
-
Dividends
87 664
124 657
-
-
withholding
22 793
32 411
-
-
total
22 793
32 411
-
-
Income
175 500
175 500
175 500
175 500
Total tax
85 338
83 253
100 665
92 779
After tax
90 162
92 247
74 835
82 721
Living cost
25 291
25 291
25 291
25 291
Free-cash
64 871
66 956
49 544
57 430

Estimated living cost  is ₽25291 per week

₽15729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
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.
₽6567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92502
₽64687
₽72206
₽82395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 809
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
380
health
-
-
-
23 693
total
-
-
-
74 964
Employee
41 662
-
135 024
-
solidarity contribution
-
-
-
-
social contributions
2 708
-
7 364
-
income
4 999
-
16 415
-
health
5 624
-
18 228
-
total
13 331
-
42 007
-
Employer
41 662
-
135 024
-
health
3 750
-
12 152
-
social contributions
10 416
-
28 324
-
total
14 166
-
40 476
-
Corporate
119 673
175 500
-
-
income
22 738
33 345
-
-
total
22 738
33 345
-
-
Dividends
96 935
142 155
-
-
withholding
14 540
21 323
-
-
total
14 540
21 323
-
-
Income
175 500
175 500
175 500
175 500
Total tax
64 775
54 668
82 483
74 964
After tax
110 725
120 832
93 017
100 536
Living cost
28 330
28 330
28 330
28 330
Free-cash
82 395
92 502
64 687
72 206

Estimated living cost  is ₽28330 per week

₽21068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
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.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67155
₽16478
₽60335
₽66690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
50 069
surtax
-
-
-
-
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
702
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
85 211
Employee
41 041
37 416
141 603
-
other
410
374
1 098
-
unemployment
1 231
1 122
3 291
-
pensions
4 203
3 831
11 232
-
income
3 656
2 760
40 796
-
health
1 587
1 449
4 244
-
total
11 087
9 536
60 661
-
Employer
41 041
37 416
141 603
-
chamber of commerce
164
150
567
-
health
1 552
1 415
4 146
-
pensions
5 151
4 697
13 765
-
accident
533
486
1 425
-
unemployment
1 231
1 122
3 291
-
surtax
-
-
-
-
payroll
1 231
1 122
4 248
-
other
1 949
1 776
6 455
-
total
11 811
10 768
33 897
-
Corporate
122 648
127 316
138 040
-
income

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

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

30 661
31 828
34 510
-
total
30 661
31 828
34 510
-
Dividends
91 987
95 487
-
-
withholding
25 297
26 259
-
-
total
25 297
26 259
-
-
Income
175 500
175 500
175 500
175 500
Total tax
78 856
78 391
129 068
85 211
After tax
96 644
97 109
46 432
90 289
Living cost
29 954
29 954
29 954
29 954
Free-cash
66 690
67 155
16 478
60 335

Estimated living cost  is ₽29954 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154958
₽128633
₽161978
₽152752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 709
-
175 500
-
income
2 942
-
35 100
-
total
2 942
-
35 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

160 791
175 500
-
-
total
-
-
-
-
Dividends
160 791
175 500
-
-
withholding
8 039
8 775
-
-
total
8 039
8 775
-
-
Income
175 500
175 500
175 500
175 500
Total tax
10 981
8 775
35 100
1 755
After tax
164 519
166 725
140 400
173 745
Living cost
11 767
11 767
11 767
11 767
Free-cash
152 752
154 958
128 633
161 978

Estimated living cost  is ₽11767 per week

₽7963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95649
₽55371
₽60017
₽87795
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 715
unemployment
-
-
-
264
health
-
-
-
17 270
pensions
-
-
-
32 051
total
-
-
-
90 300
Employee

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

41 517
-
151 857
-
unemployment
59
-
212
-
pensions
6 435
-
23 538
-
income
7 160
-
37 743
-
health
2 681
-
9 810
-
total
16 335
-
71 303
-
Employer

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

41 517
-
151 857
-
health
2 765
-
10 113
-
pensions
3 674
-
13 439
-
unemployment
25
-
91
-
total
6 464
-
23 643
-
Corporate
127 519
175 500
-
-
income
24 229
33 345
-
-
total
24 229
33 345
-
-
Dividends
103 289
142 155
-
-
withholding
15 494
21 323
-
-
total
15 494
21 323
-
-
Income
175 500
175 500
175 500
175 500
Total tax
62 522
54 668
94 946
90 300
After tax
112 978
120 832
80 554
85 200
Living cost
25 183
25 183
25 183
25 183
Free-cash
87 795
95 649
55 371
60 017

Estimated living cost  is ₽25183 per week

₽17282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66673
₽123173
₽81184
₽22466
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
34 208
social contributions
-
-
-
20 007
total
-
-
-
54 215
Employee
57 499
-
-
-
social contributions
4 715
-
672
-
income
12 683
-
-
-
total
17 398
-
672
-
Employer
57 499
-
-
-
social contributions
81 074
-
11 554
-
total
81 074
-
11 554
-
Corporate
36 926
175 500
-
-
income
8 124
38 610
-
-
total
8 124
38 610
-
-
Dividends
28 802
136 890
-
-
income
6 337
30 116
-
-
total
6 337
30 116
-
-
Income
175 500
175 500
175 500
175 500
Total tax
112 933
68 726
12 226
54 215
After tax
62 567
106 774
163 274
121 285
Living cost
40 101
40 101
40 101
40 101
Free-cash
22 466
66 673
123 173
81 184

Estimated living cost  is ₽40101 per week

₽26019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70375
₽50584
₽63889
₽69430
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 175
surtax
-
-
-
-
social contributions

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

-
-
-
60 986
total
-
-
-
82 161
Employee
43 181
-
141 819
-
surtax
-
-
-
-
social contributions
4 750
-
15 601
-
income
8 982
-
46 184
-
total
13 732
-
61 785
-
Employer
43 181
-
141 819
-
social contributions
10 255
-
33 681
-
total
10 255
-
33 681
-
Corporate
122 063
175 500
-
-
income
25 633
36 854
-
-
surtax
-
-
-
-
total
25 633
36 854
-
-
Dividends
96 430
138 646
-
-
withholding
27 000
38 821
-
-
total
27 000
38 821
-
-
Income
175 500
175 500
175 500
175 500
Total tax
76 620
75 675
95 466
82 161
After tax
98 880
99 825
80 034
93 339
Living cost
29 450
29 450
29 450
29 450
Free-cash
69 430
70 375
50 584
63 889

Estimated living cost  is ₽29450 per week

₽22034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
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.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43105
₽49947
₽53388
₽49558
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 257
other
-
-
-
5 441
surtax
-
-
-
-
social contributions
-
-
-
5 001
health
-
-
-
7 736
pensions
-
-
-
30 330
total
-
-
-
76 765
Employee
58 804
-
135 426
-
pensions
6 651
-
9 582
-
surtax
-
-
-
-
social contributions
1 675
-
3 857
-
income
5 131
-
26 696
-
total
13 457
-
40 135
-
Employer
58 804
-
135 426
-
health
4 116
-
12 726
-
pensions
9 662
-
16 102
-
unemployment
2 382
-
5 484
-
social contributions
176
-
406
-
other
2 029
-
5 353
-
total
18 365
-
40 071
-
Corporate
98 330
175 500
-
-
income
27 533
49 139
-
-
surtax
-
-
-
-
total
27 533
49 139
-
-
Dividends
70 798
126 361
-
-
surtax
-
-
-
-
social contributions
12 178
21 735
-
-
withholding
9 062
16 174
-
-
total
21 240
37 909
-
-
Income
175 500
175 500
175 500
175 500
Total tax
80 595
87 048
80 206
76 765
After tax
94 905
88 452
95 294
98 735
Living cost
45 347
45 347
45 347
45 347
Free-cash
49 558
43 105
49 947
53 388

Estimated living cost  is ₽45347 per week

₽30690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129728
₽105344
₽100682
₽126574
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 987
social contributions
-
-
-
38 609
total
-
-
-
46 596
Employee
30 184
-
151 948
-
income
-
-
8 506
-
social contributions
1 962
-
9 876
-
total
1 962
-
18 382
-
Employer
30 184
-
151 948
-
social contributions
4 679
-
23 552
-
total
4 679
-
23 552
-
Corporate
140 637
175 500
-
-
income
14 063
17 550
-
-
total
14 063
17 550
-
-
Dividends
126 574
157 950
-
-
total
-
-
-
-
Income
175 500
175 500
175 500
175 500
Total tax
20 704
17 550
41 934
46 596
After tax
154 796
157 950
133 566
128 904
Living cost
28 222
28 222
28 222
28 222
Free-cash
126 574
129 728
105 344
100 682

Estimated living cost  is ₽28222 per week

₽18248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
-₽29058
-₽29058
₽57705
-₽29058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
labour market
-
-
-
13 975
municipal
-
-
-
36 858
national
-
-
-
20 932
pensions
-
-
-
814
total
-
-
-
72 579
Employee
190 844
190 844
190 844
-
municipal
40 639
40 639
40 639
-
labour market
15 246
15 246
15 246
-
pensions
271
271
271
-
national
23 315
23 315
23 315
-
total
79 471
79 471
79 471
-
Employer
190 844
190 844
190 844
-
national
23 356
23 356
23 356
-
labour market
15 268
15 268
15 268
-
pensions
543
543
543
-
municipal
40 704
40 704
40 704
-
total
79 871
79 871
79 871
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
175 500
175 500
175 500
175 500
Total tax
159 342
159 342
159 342
72 579
After tax
16 158
16 158
16 158
102 921
Living cost
45 216
45 216
45 216
45 216
Free-cash
-29 058
-29 058
-29 058
57 705

Estimated living cost  is ₽45216 per week

₽30946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6406
₽74983
₽99321
₽11052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
accident
-
-
-
240
income
-
-
-
48 930
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
55 557
Employee
32 441
-
158 488
-
pensions
3 653
-
7 259
-
income
4 450
-
37 477
-
health
3 715
-
18 147
-
total
11 818
-
62 883
-
Employer
32 441
-
158 488
-
pensions
5 275
-
10 482
-
accident
542
-
2 647
-
unemployment
795
-
3 883
-
total
6 612
-
17 012
-
Corporate
136 448
175 500
-
-
income

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

122 803
157 950
-
-
total
122 803
157 950
-
-
Dividends
13 645
17 550
-
-
withholding
2 593
3 334
-
-
total
2 593
3 334
-
-
Income
175 500
175 500
175 500
175 500
Total tax
143 826
161 284
79 895
55 557
After tax
31 674
14 216
95 605
119 943
Living cost
20 622
20 622
20 622
20 622
Free-cash
11 052
-6 406
74 983
99 321

Estimated living cost  is ₽20622 per week

₽15011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽73298
₽55377
₽75680
₽75899
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
175 500
health
-
-
-
2 311
municipal
-
-
-
31 174
national
-
-
-
30 289
total
-
-
-
63 774
Employee
49 396
-
147 640
-
municipal
8 091
-
24 044
-
unemployment
741
-
2 215
-
pensions
3 334
-
9 965
-
national
816
-
18 112
-
health
369
-
1 881
-
total
13 351
-
56 217
-
Employer
49 396
-
147 640
-
health
380
-
1 137
-
pensions
8 570
-
25 615
-
accident
50
-
148
-
unemployment
321
-
960
-
total
9 321
-
27 860
-
Corporate
116 784
175 500
-
-
income
23 356
35 099
-
-
total
23 356
35 099
-
-
Dividends

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

70 070
105 300
-
-
municipal
12 613
18 954
-
-
national
4 914
12 103
-
-
total
17 527
31 057
-
-
Income
175 500
175 500
175 500
175 500
Total tax
63 555
66 156
84 077
63 774
After tax
111 945
109 344
91 423
111 726
Living cost
36 046
36 046
36 046
36 046
Free-cash
75 899
73 298
55 377
75 680

Estimated living cost  is ₽36046 per week

₽23545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106258
₽96193
₽97709
₽101147
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 386
social contributions
-
-
-
15 191
health
-
-
-
4 476
total
-
-
-
56 053
Employee
72 195
72 195
164 377
-
social contributions
2 730
5 992
8 082
-
income
7 861
6 683
35 570
-
health
559
1 228
2 794
-
total
11 150
13 903
46 446
-
Employer
72 195
72 195
164 377
-
health
608
1 336
3 041
-
social contributions
2 730
5 992
8 082
-
total
3 338
7 328
11 123
-
Corporate
139 275
95 977
-
-
income
17 409
11 996
-
-
total
17 409
11 996
-
-
Dividends
121 866
83 980
-
-
withholding
20 718
14 277
-
-
total
20 718
14 277
-
-
Income
175 500
175 500
175 500
175 500
Total tax
52 615
47 504
57 569
56 053
After tax
122 885
127 996
117 931
119 447
Living cost
21 738
21 738
21 738
21 738
Free-cash
101 147
106 258
96 193
97 709

Estimated living cost  is ₽21738 per week

₽13028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2133
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.
₽6097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130425
₽114426
₽133256
₽125649
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 940
unemployment
-
-
-
27
health
-
-
-
3 398
pensions
-
-
-
5 972
total
-
-
-
27 337
Employee

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

21 550
-
166 324
-
unemployment
107
-
445
-
pensions
3 232
-
13 363
-
income
1 473
-
15 611
-
health
1 832
-
7 572
-
total
6 644
-
36 991
-
Employer

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

21 550
-
166 324
-
health
926
-
3 831
-
pensions
1 185
-
4 900
-
unemployment
107
-
445
-
total
2 218
-
9 176
-
Corporate
151 731
175 500
-
-
income
13 655
15 795
-
-
total
13 655
15 795
-
-
Dividends
138 076
159 705
-
-
withholding
12 427
14 373
-
-
total
12 427
14 373
-
-
Income
175 500
175 500
175 500
175 500
Total tax
34 944
30 168
46 167
27 337
After tax
140 556
145 332
129 333
148 163
Living cost
14 907
14 907
14 907
14 907
Free-cash
125 649
130 425
114 426
133 256

Estimated living cost  is ₽14907 per week

₽9511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91042
₽68618
₽72559
₽86896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
784
income
-
-
-
51 016
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
77 123
Employee
34 716
-
147 757
-
other
34
-
87
-
unemployment
538
-
1 349
-
pensions
1 632
-
4 091
-
income
6 693
-
47 793
-
total
8 897
-
53 320
-
Employer
34 716
-
147 757
-
pensions
8 192
-
20 538
-
accident
688
-
1 723
-
unemployment
1 910
-
4 786
-
other
278
-
697
-
total
11 068
-
27 744
-
Corporate
129 716
175 500
-
-
income

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

19 458
26 325
-
-
total
19 458
26 325
-
-
Dividends
110 258
149 175
-
-
withholding
23 363
32 315
-
-
total
23 363
32 315
-
-
Income
175 500
175 500
175 500
175 500
Total tax
62 786
58 640
81 064
77 123
After tax
112 714
116 860
94 436
98 377
Living cost
25 818
25 818
25 818
25 818
Free-cash
86 896
91 042
68 618
72 559

Estimated living cost  is ₽25818 per week

₽17427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107615
₽110930
₽111064
₽107303
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
60 152
health
-
-
-
1 003
pensions
-
-
-
1 384
total
-
-
-
62 539
Employee
2 889
-
173 943
-
unemployment
29
-
69
-
pensions
260
-
623
-
income
559
-
60 079
-
health
144
-
346
-
total
992
-
61 117
-
Employer
2 889
-
173 943
-
health
275
-
657
-
pensions
318
-
761
-
unemployment
58
-
138
-
total
651
-
1 556
-
Corporate
171 960
175 500
-
-
income
37 831
38 610
-
-
total
37 831
38 610
-
-
Dividends
134 129
136 890
-
-
withholding
26 826
27 378
-
-
total
26 826
27 378
-
-
Income
175 500
175 500
175 500
175 500
Total tax
66 300
65 988
62 673
62 539
After tax
109 200
109 512
112 827
112 961
Living cost
1 897
1 897
1 897
1 897
Free-cash
107 303
107 615
110 930
111 064

Estimated living cost  is ₽1897 per week

₽1127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110554
₽93062
₽93063
₽105929
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 951
unemployment
-
-
-
1 041
health
-
-
-
7 150
pensions
-
-
-
18 050
total
-
-
-
66 192
Employee

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

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

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

24 497
-
163 074
-
unemployment
184
-
521
-
pensions
3 430
-
9 719
-
income
3 377
-
39 951
-
health
1 262
-
3 575
-
total
8 253
-
53 766
-
Employer

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

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

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

24 497
-
163 074
-
health
1 262
-
3 575
-
pensions
2 940
-
8 331
-
unemployment
184
-
521
-
total
4 386
-
12 427
-
Corporate
146 618
175 500
-
-
income
21 993
26 325
-
-
total
21 993
26 325
-
-
Dividends
124 626
149 175
-
-
withholding
18 694
22 376
-
-
total
18 694
22 376
-
-
Income
175 500
175 500
175 500
175 500
Total tax
53 326
48 701
66 193
66 192
After tax
122 174
126 799
109 307
109 308
Living cost
16 245
16 245
16 245
16 245
Free-cash
105 929
110 554
93 062
93 063

Estimated living cost  is ₽16245 per week

₽10938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74513
₽54723
₽68027
₽74174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 175
surtax
-
-
-
-
social contributions

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

-
-
-
60 986
total
-
-
-
82 161
Employee
36 440
-
141 819
-
surtax
-
-
-
-
social contributions
4 009
-
15 601
-
income
7 120
-
46 184
-
total
11 129
-
61 785
-
Employer
36 440
-
141 819
-
social contributions
8 654
-
33 681
-
total
8 654
-
33 681
-
Corporate
130 406
175 500
-
-
income
27 385
36 854
-
-
surtax
-
-
-
-
total
27 385
36 854
-
-
Dividends
103 022
138 646
-
-
withholding
28 846
38 821
-
-
total
28 846
38 821
-
-
Income
175 500
175 500
175 500
175 500
Total tax
76 014
75 675
95 466
82 161
After tax
99 486
99 825
80 034
93 339
Living cost
25 312
25 312
25 312
25 312
Free-cash
74 174
74 513
54 723
68 027

Estimated living cost  is ₽25312 per week

₽17927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83864
₽61440
₽65381
₽77720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
784
income
-
-
-
51 016
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
77 123
Employee
45 344
-
147 757
-
other
45
-
87
-
unemployment
702
-
1 349
-
pensions
2 131
-
4 091
-
income
9 471
-
47 793
-
total
12 349
-
53 320
-
Employer
45 344
-
147 757
-
pensions
10 701
-
20 538
-
accident
898
-
1 723
-
unemployment
2 494
-
4 786
-
other
363
-
697
-
total
14 456
-
27 744
-
Corporate
115 700
175 500
-
-
income

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

17 356
26 325
-
-
total
17 356
26 325
-
-
Dividends
98 344
149 175
-
-
withholding
20 623
32 315
-
-
total
20 623
32 315
-
-
Income
175 500
175 500
175 500
175 500
Total tax
64 784
58 640
81 064
77 123
After tax
110 716
116 860
94 436
98 377
Living cost
32 996
32 996
32 996
32 996
Free-cash
77 720
83 864
61 440
65 381

Estimated living cost  is ₽32996 per week

₽23697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2566
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.
₽6270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133902
₽131258
₽124267
₽128180
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
26 325
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
35 082
Employee
21 387
-
169 066
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

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

1 878
-
2 880
-
income
2 139
-
16 906
-
health
984
-
1 509
-
total
5 236
-
21 656
-
Employer
21 387
-
169 066
-
health
1 476
-
2 263
-
pensions

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

2 357
-
3 614
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
unemployment
128
-
197
-
total
4 196
-
6 435
-
Corporate
149 917
175 500
-
-
income
14 991
17 550
-
-
total
14 991
17 550
-
-
Dividends
134 926
157 950
-
-
withholding
6 746
7 897
-
-
total
6 746
7 897
-
-
Income
175 500
175 500
175 500
175 500
Total tax
31 169
25 447
28 091
35 082
After tax
144 331
150 053
147 409
140 418
Living cost
16 151
16 151
16 151
16 151
Free-cash
128 180
133 902
131 258
124 267

Estimated living cost  is ₽16151 per week

₽10682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54056
₽74421
₽55501
₽66342
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
175 500
income

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

-
-
-
55 372
surtax

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

-
-
-
3 045
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.

-
-
-
6 414
trade
-
-
-
18 920
total
-
-
-
83 751
Employee

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

46 715
-
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.

212
-
3 045
-
income

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

3 841
-
55 372
-
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.

6 414
-
6 414
-
total
10 467
-
64 831
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
128 785
175 500
-
-
income
19 317
26 325
-
-
surtax

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

1 062
1 449
-
-
chamber of commerce
331
399
-
-
trade
18 480
25 184
-
-
total
39 190
53 357
-
-
Dividends
89 595
122 143
-
-
surtax

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

1 212
1 661
-
-
withholding
22 041
30 178
-
-
total
23 253
31 839
-
-
Income
175 500
175 500
175 500
175 500
Total tax
72 910
85 196
64 831
83 751
After tax
102 590
90 304
110 669
91 749
Living cost
36 248
36 248
36 248
36 248
Free-cash
66 342
54 056
74 421
55 501

Estimated living cost  is ₽36248 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69366
₽37821
₽37821
₽71441
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 682
social contributions
-
-
-
29 514
total
-
-
-
84 196
Employee
73 441
-
175 500
-
income
13 858
-
54 682
-
social contributions
6 101
-
29 514
-
total
19 959
-
84 196
-
Employer
73 441
-
175 500
-
total
-
-
-
-
Corporate
102 059
175 500
-
-
income
12 757
21 938
-
-
total
12 757
21 938
-
-
Dividends
89 302
153 562
-
-
withholding
17 860
30 713
-
-
total
17 860
30 713
-
-
Income
175 500
175 500
175 500
175 500
Total tax
50 576
52 651
84 196
84 196
After tax
124 924
122 849
91 304
91 304
Living cost
53 483
53 483
53 483
53 483
Free-cash
71 441
69 366
37 821
37 821

Estimated living cost  is ₽53483 per week

₽40689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75032
₽90083
₽109013
₽78315
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
175 500
income
-
-
-
26 725
health

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

-
-
-
5 680
total
-
-
-
32 405
Employee
43 070
-
171 181
-
income
4 673
-
42 697
-
social contributions
4 315
-
4 319
-
total
8 988
-
47 016
-
Employer
43 070
-
171 181
-
social contributions
4 315
-
4 319
-
total
4 315
-
4 319
-
Corporate
128 115
175 500
-
-
income
44 840
61 426
-
-
total
44 840
61 426
-
-
Dividends
83 274
114 074
-
-
social contributions
4 960
4 960
-
-
total
4 960
4 960
-
-
Income
175 500
175 500
175 500
175 500
Total tax
63 103
66 386
51 335
32 405
After tax
112 397
109 114
124 165
143 095
Living cost
34 082
34 082
34 082
34 082
Free-cash
78 315
75 032
90 083
109 013

Estimated living cost  is ₽34082 per week

₽22449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78858
₽64839
₽80671
₽84436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
income
-
-
-
51 175
pensions
-
-
-
8 666
total
-
-
-
59 841
Employee
48 026
-
153 220
-
pensions
3 666
-
10 591
-
income
8 746
-
40 620
-
health
626
-
2 185
-
total
13 038
-
53 396
-
Employer
48 026
-
153 220
-
health
913
-
2 910
-
pensions
4 852
-
19 367
-
total
5 765
-
22 277
-
Corporate
121 709
175 500
-
-
income

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

23 124
33 345
-
-
total
23 124
33 345
-
-
Dividends
98 585
142 155
-
-
withholding
14 149
28 309
-
-
total
14 149
28 309
-
-
Income
175 500
175 500
175 500
175 500
Total tax
56 076
61 654
75 673
59 841
After tax
119 424
113 846
99 827
115 659
Living cost
34 988
34 988
34 988
34 988
Free-cash
84 436
78 858
64 839
80 671

Estimated living cost  is ₽34988 per week

₽24001
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.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8448
₽72941
₽97279
₽10741
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
accident
-
-
-
240
income
-
-
-
48 930
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
55 557
Employee
35 652
-
158 488
-
pensions
4 014
-
7 259
-
income
4 891
-
37 477
-
health
4 082
-
18 147
-
total
12 987
-
62 883
-
Employer
35 652
-
158 488
-
pensions
5 797
-
10 482
-
accident
595
-
2 647
-
unemployment
873
-
3 883
-
total
7 265
-
17 012
-
Corporate
132 583
175 500
-
-
income

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

119 324
157 950
-
-
total
119 324
157 950
-
-
Dividends
13 258
17 550
-
-
withholding
2 519
3 334
-
-
total
2 519
3 334
-
-
Income
175 500
175 500
175 500
175 500
Total tax
142 095
161 284
79 895
55 557
After tax
33 405
14 216
95 605
119 943
Living cost
22 664
22 664
22 664
22 664
Free-cash
10 741
-8 448
72 941
97 279

Estimated living cost  is ₽22664 per week

₽16633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽121570
₽113071
₽92420
₽130602
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
175 500
income
-
-
-
29 088
unemployment
-
-
-
1 802
work injury
-
-
-
751
health insurance
-
-
-
11 115
pensions
-
-
-
27 637
total
-
-
-
70 393
Employee

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

20 298
-
175 500
-
health insurance
1 502
-
5 558
-
unemployment
244
-
901
-
work injury
101
-
376
-
pensions
3 735
-
13 819
-
income
2 030
-
29 088
-
total
7 612
-
49 742
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
155 202
175 500
-
-
income

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

1 552
17 550
-
-
total
1 552
17 550
-
-
Dividends
153 650
157 950
-
-
withholding
23 047
23 693
-
-
total
23 047
23 693
-
-
Income
175 500
175 500
175 500
175 500
Total tax
32 211
41 243
49 742
70 393
After tax
143 289
134 257
125 758
105 107
Living cost
12 687
12 687
12 687
12 687
Free-cash
130 602
121 570
113 071
92 420

Estimated living cost  is ₽12687 per week

₽7860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55038
₽36099
₽43804
₽50769
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
175 500
social contributions
-
-
-
45 139
regional
-
-
-
4 031
municipal
-
-
-
1 172
national
-
-
-
43 951
total
-
-
-
94 293
Employee
79 116
-
175 500
-
municipal
472
-
1 048
-
national
13 370
-
38 194
-
regional
1 194
-
3 577
-
social contributions
26 677
-
59 179
-
total
41 713
-
101 998
-
Employer
79 116
-
175 500
-
total
-
-
-
-
Corporate
96 384
175 500
-
-
municipal
4 645
8 460
-
-
nationa
23 132
42 119
-
-
total
27 777
50 579
-
-
Dividends
68 607
124 921
-
-
withholding
17 838
32 480
-
-
total
17 838
32 480
-
-
Income
175 500
175 500
175 500
175 500
Total tax
87 328
83 059
101 998
94 293
After tax
88 172
92 441
73 502
81 207
Living cost
37 403
37 403
37 403
37 403
Free-cash
50 769
55 038
36 099
43 804

Estimated living cost  is ₽37403 per week

₽26273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
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.
₽7991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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