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
₽ 176500
per

Your estimated
City
free-cash

Dresden , Germany
₽58597
₽69708
₽61264
₽81707
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
176 500
trade
-
-
-
20 443
income

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

-
-
-
54 510
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.

-
-
-
6 862
surtax

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

-
-
-
2 998
total
-
-
-
84 813
Employee

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

38 417
-
176 500
-
health

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

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

6 862
-
6 862
-
surtax

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

59
-
2 998
-
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.

1 073
-
54 510
-
total
7 994
-
64 370
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
138 083
176 500
-
-
surtax

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

1 140
1 456
-
-
income
20 712
26 476
-
-
trade
21 748
27 798
-
-
chamber of commerce
351
406
-
-
total
43 951
56 136
-
-
Dividends
94 132
120 364
-
-
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.

1 273
1 634
-
-
withholding
23 151
29 710
-
-
total
24 424
31 344
-
-
Income
176 500
176 500
176 500
176 500
Total tax
76 369
87 480
64 370
84 813
After tax
100 131
89 020
112 130
91 687
Living cost
30 423
30 423
30 423
30 423
Free-cash
69 708
58 597
81 707
61 264

Estimated living cost  is ₽30423 per week

₽19137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59453
₽58610
₽53372
₽54320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
municipal
-
-
-
19 338
pensions
-
-
-
21 180
national
-
-
-
30 030
social contributions
-
-
-
1 897
total
-
-
-
72 445
Employee
78 568
-
152 583
-
municipal
9 704
-
20 021
-
pensions
3 143
-
6 103
-
national
15 038
-
31 526
-
total
27 885
-
57 650
-
Employer
78 568
-
152 583
-
social contributions
845
-
1 640
-
pensions
6 285
-
12 207
-
total
7 130
-
13 847
-
Corporate
85 617
176 500
-
-
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%.

17 123
35 300
-
-
total
17 123
35 300
-
-
Dividends
68 493
141 200
-
-
withholding
15 069
31 064
-
-
total
15 069
31 064
-
-
Income
176 500
176 500
176 500
176 500
Total tax
67 207
66 364
71 497
72 445
After tax
109 293
110 136
105 003
104 055
Living cost
50 683
50 683
50 683
50 683
Free-cash
58 610
59 453
54 320
53 372

Estimated living cost  is ₽50683 per week

₽34449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120303
₽112064
₽39975
₽53240
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
176 500
microenterprise
-
-
-
-
income
-
-
-
32 138
surtax
-
-
-
45 007
social contributions

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

-
-
-
38 484
total
-
-
-
115 629
Employee
29 350
-
133 030
-
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.

3 229
-
13 167
-
surtax
-
-
19 290
-
income
5 225
-
26 437
-
total
8 454
-
58 894
-
Employer
29 350
-
133 030
-
social contributions

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

7 070
-
28 837
-
surtax
-
-
14 633
-
total
7 070
-
43 470
-
Corporate
140 080
176 500
-
-
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%.

28 016
35 301
-
-
total
28 016
35 301
-
-
Dividends

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

112 065
141 199
-
-
total
-
-
-
-
Income
176 500
176 500
176 500
176 500
Total tax
43 540
35 301
102 364
115 629
After tax
132 960
141 199
74 136
60 871
Living cost
20 896
20 896
20 896
20 896
Free-cash
112 064
120 303
53 240
39 975

Estimated living cost  is ₽20896 per week

₽13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45301
₽39148
₽55395
₽68149
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
income
-
-
-
54 874
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
79 028
Employee
85 774
85 774
157 834
-
health
13 165
11 198
12 386
-
income

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

14 040
14 040
23 454
-
pensions
15 439
11 768
11 768
-
total
42 644
37 006
47 608
-
Employer
85 774
85 774
157 834
-
unemployment
3 088
3 088
3 837
-
pensions
5 970
5 970
7 420
-
health
5 962
5 962
7 409
-
total
15 020
15 020
18 666
-
Corporate
76 758
75 706
-
-
income
15 352
15 142
-
-
total
15 352
15 142
-
-
Dividends
61 407
60 564
-
-
income
13 049
12 870
-
-
withholding
9 210
9 084
-
-
total
22 259
21 954
-
-
Income
176 500
176 500
176 500
176 500
Total tax
95 275
89 122
66 274
79 028
After tax
81 225
87 378
110 226
97 472
Living cost
42 077
42 077
42 077
42 077
Free-cash
39 148
45 301
68 149
55 395

Estimated living cost  is ₽42077 per week

₽29819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57406
₽56532
₽51392
₽50446
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
municipal
-
-
-
45 255
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 923
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
16 152
total
-
-
-
86 145
Employee
55 518
-
149 670
-
municipal
16 556
-
44 631
-
national
-
-
15 629
-
total
16 556
-
60 260
-
Employer
55 518
-
149 670
-
accident
111
-
171
-
other
6 451
-
9 923
-
unemployment
1 466
-
2 254
-
pensions
6 001
-
9 231
-
health
3 414
-
5 252
-
total
17 443
-
26 831
-
Corporate
103 538
176 500
-
-
income
22 778
38 830
-
-
total
22 778
38 830
-
-
Dividends
80 759
137 670
-
-
withholding
24 228
41 301
-
-
total
24 228
41 301
-
-
Income
176 500
176 500
176 500
176 500
Total tax
81 005
80 131
87 091
86 145
After tax
95 495
96 369
89 409
90 355
Living cost
38 963
38 963
38 963
38 963
Free-cash
56 532
57 406
50 446
51 392

Estimated living cost  is ₽38963 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48655
₽62770
₽51320
₽72672
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
176 500
trade
-
-
-
21 352
income

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

-
-
-
54 510
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.

-
-
-
6 862
surtax

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

-
-
-
2 998
total
-
-
-
85 722
Employee

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

50 937
-
176 500
-
health

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

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

6 862
-
6 862
-
surtax

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

240
-
2 998
-
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.

4 376
-
54 510
-
total
11 478
-
64 370
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
125 563
176 500
-
-
surtax

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

1 035
1 456
-
-
income
18 834
26 476
-
-
trade
20 654
29 034
-
-
chamber of commerce
332
404
-
-
total
40 855
57 370
-
-
Dividends
84 708
119 131
-
-
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.

1 144
1 616
-
-
withholding
20 795
29 401
-
-
total
21 939
31 017
-
-
Income
176 500
176 500
176 500
176 500
Total tax
74 272
88 387
64 370
85 722
After tax
102 228
88 113
112 130
90 778
Living cost
39 458
39 458
39 458
39 458
Free-cash
62 770
48 655
72 672
51 320

Estimated living cost  is ₽39458 per week

₽26390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96179
₽92015
₽88081
₽86525
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
income
-
-
-
35 089
health
-
-
-
4 500
social contributions
-
-
-
16 251
total
-
-
-
55 840
Employee
77 236
77 236
164 804
-
social contributions
3 753
6 410
8 646
-
health
768
1 313
2 802
-
income
8 110
7 150
34 252
-
total
12 631
14 873
45 700
-
Employer
77 236
77 236
164 804
-
social contributions
3 753
6 410
8 646
-
health
837
1 430
3 050
-
total
4 590
7 840
11 696
-
Corporate
126 700
91 425
-
-
income
15 838
11 429
-
-
total
15 838
11 429
-
-
Dividends
110 862
79 996
-
-
withholding
18 847
13 600
-
-
total
18 847
13 600
-
-
Income
176 500
176 500
176 500
176 500
Total tax
51 906
47 742
57 396
55 840
After tax
124 594
128 758
119 104
120 660
Living cost
32 579
32 579
32 579
32 579
Free-cash
92 015
96 179
86 525
88 081

Estimated living cost  is ₽32579 per week

₽22271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
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.
₽7216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80920
₽81300
₽104041
₽84090
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
income
-
-
-
21 577
pensions
-
-
-
17 650
unemployment
-
-
-
2 648
health
-
-
-
12 355
total
-
-
-
54 230
Employee

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

The minimum wage is 138,000 HUF per month.

26 314
10 473
147 699
-
health
1 842
733
10 339
-
income
3 217
1 280
18 056
-
pensions
2 631
1 047
14 770
-
unemployment
395
157
2 215
-
total
8 085
3 217
45 380
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 314
10 473
147 699
-
pensions
5 131
2 042
28 801
-
total
5 131
2 042
28 801
-
Corporate
145 055
163 985
-
-
income
13 055
14 759
-
-
total
13 055
14 759
-
-
Dividends
132 000
149 227
-
-
social contributions
25 620
28 980
-
-
withholding
25 080
28 353
-
-
total
50 700
57 333
-
-
Income
176 500
176 500
176 500
176 500
Total tax
76 971
77 351
74 181
54 230
After tax
99 529
99 149
102 319
122 270
Living cost
18 229
18 229
18 229
18 229
Free-cash
81 300
80 920
84 090
104 041

Estimated living cost  is ₽18229 per week

₽12440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116938
₽110699
₽70342
₽77471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
income
-
-
-
23 651
pensions
-
-
-
35 301
health
-
-
-
22 945
total
-
-
-
81 897
Employee
28 494
-
131 913
-
income
3 208
-
25 433
-
pensions
570
-
2 638
-
unemployment
456
-
2 110
-
total
4 234
-
30 181
-
Employer
28 494
-
131 913
-
unemployment
229
-
1 056
-
pensions
5 699
-
26 382
-
health
3 704
-
17 149
-
total
9 632
-
44 587
-
Corporate
138 375
176 500
-
-
income
27 674
35 301
-
-
total
27 674
35 301
-
-
Dividends
110 700
141 199
-
-
total
-
-
-
-
Income
176 500
176 500
176 500
176 500
Total tax
41 540
35 301
74 768
81 897
After tax
134 960
141 199
101 732
94 603
Living cost
24 261
24 261
24 261
24 261
Free-cash
110 699
116 938
77 471
70 342

Estimated living cost  is ₽24261 per week

₽16640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
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.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7748
₽10914
₽98612
₽73826
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
accident
-
-
-
253
income
-
-
-
48 865
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
55 843
Employee
34 678
-
158 913
-
health
3 971
-
18 196
-
income
4 758
-
37 201
-
pensions
3 905
-
7 645
-
total
12 634
-
63 042
-
Employer
34 678
-
158 913
-
accident
579
-
2 654
-
unemployment
850
-
3 893
-
pensions
5 639
-
11 040
-
total
7 068
-
17 587
-
Corporate
134 754
176 500
-
-
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.

121 279
158 850
-
-
total
121 279
158 850
-
-
Dividends
13 475
17 650
-
-
withholding
2 560
3 353
-
-
total
2 560
3 353
-
-
Income
176 500
176 500
176 500
176 500
Total tax
143 541
162 203
80 629
55 843
After tax
32 959
14 297
95 871
120 657
Living cost
22 045
22 045
22 045
22 045
Free-cash
10 914
-7 748
73 826
98 612

Estimated living cost  is ₽22045 per week

₽16157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158575
₽156869
₽165635
₽132100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
176 500
microenterprise

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

-
-
-
1 765
total
-
-
-
1 765
Employee
11 375
-
176 500
-
income
2 275
-
35 300
-
total
2 275
-
35 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

165 125
176 500
-
-
total
-
-
-
-
Dividends
165 125
176 500
-
-
withholding
8 256
8 825
-
-
total
8 256
8 825
-
-
Income
176 500
176 500
176 500
176 500
Total tax
10 531
8 825
35 300
1 765
After tax
165 969
167 675
141 200
174 735
Living cost
9 100
9 100
9 100
9 100
Free-cash
156 869
158 575
132 100
165 635

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102909
₽96126
₽71885
₽73278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
income
-
-
-
27 217
pensions

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

-
-
-
36 658
other
-
-
-
7 255
health
-
-
-
6 721
total
-
-
-
77 851
Employee
36 470
-
140 974
-
health
511
-
1 973
-
income
6 279
-
27 680
-
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.

2 552
-
9 868
-
unemployment
364
-
1 411
-
total
9 706
-
40 932
-
Employer
36 470
-
140 974
-
accident
292
-
1 128
-
other
1 824
-
7 049
-
unemployment
364
-
1 411
-
pensions

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

6 201
-
23 965
-
health
511
-
1 973
-
total
9 192
-
35 526
-
Corporate
130 839
176 500
-
-
income
27 476
37 066
-
-
total
27 476
37 066
-
-
Dividends
103 363
139 434
-
-
withholding
7 236
9 761
-
-
total
7 236
9 761
-
-
Income
176 500
176 500
176 500
176 500
Total tax
53 610
46 827
76 458
77 851
After tax
122 890
129 673
100 042
98 649
Living cost
26 764
26 764
26 764
26 764
Free-cash
96 126
102 909
73 278
71 885

Estimated living cost  is ₽26764 per week

₽18910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48457
₽51359
₽49957
₽33979
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
income
-
-
-
50 418
pensions
-
-
-
9 023
total
-
-
-
59 441
Employee
94 939
-
154 185
-
health
1 564
-
2 237
-
income
17 114
-
39 767
-
pensions
9 159
-
11 100
-
total
27 837
-
53 104
-
Employer
94 939
-
154 185
-
pensions
11 210
-
19 385
-
health
1 803
-
2 930
-
total
13 013
-
22 315
-
Corporate
68 548
176 500
-
-
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.

13 024
33 536
-
-
total
13 024
33 536
-
-
Dividends
55 525
142 964
-
-
withholding
4 165
27 405
-
-
total
4 165
27 405
-
-
Income
176 500
176 500
176 500
176 500
Total tax
58 039
60 941
75 419
59 441
After tax
118 461
115 559
101 081
117 059
Living cost
67 102
67 102
67 102
67 102
Free-cash
51 359
48 457
33 979
49 957

Estimated living cost  is ₽67102 per week

₽50281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
₽137739
₽133075
₽127491
₽134408
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
income
-
-
-
26 475
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
35 841
Employee
17 436
-
169 617
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
16 961
-
pensions

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

1 531
-
3 080
-
total
4 268
-
22 041
-
Employer
17 436
-
169 617
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
155 643
176 500
-
-
income
15 564
17 650
-
-
total
15 564
17 650
-
-
Dividends
140 079
158 850
-
-
withholding
7 004
7 943
-
-
total
7 004
7 943
-
-
Income
176 500
176 500
176 500
176 500
Total tax
30 257
25 593
28 924
35 841
After tax
146 243
150 907
147 576
140 659
Living cost
13 168
13 168
13 168
13 168
Free-cash
133 075
137 739
134 408
127 491

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31681
₽34206
₽41775
₽54529
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
income
-
-
-
54 874
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
79 028
Employee
93 123
85 774
157 834
-
health
11 618
11 198
12 386
-
income

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

14 040
14 040
23 454
-
pensions
11 768
11 768
11 768
-
total
37 426
37 006
47 608
-
Employer
93 123
85 774
157 834
-
unemployment
3 353
3 088
3 837
-
pensions
6 481
5 970
7 420
-
health
6 471
5 962
7 409
-
total
16 305
15 020
18 666
-
Corporate
67 072
75 706
-
-
income
13 415
15 142
-
-
total
13 415
15 142
-
-
Dividends
53 657
60 564
-
-
income
11 402
12 870
-
-
withholding
8 049
9 084
-
-
total
19 451
21 954
-
-
Income
176 500
176 500
176 500
176 500
Total tax
86 597
89 122
66 274
79 028
After tax
89 903
87 378
110 226
97 472
Living cost
55 697
55 697
55 697
55 697
Free-cash
34 206
31 681
54 529
41 775

Estimated living cost  is ₽55697 per week

₽41086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97501
₽88932
₽76375
₽68538
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
income
-
-
-
17 717
health
-
-
-
23 827
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 562
total
-
-
-
76 106
Employee
35 322
-
134 779
-
social contributions
2 296
-
7 694
-
health
4 768
-
18 195
-
solidarity contribution
-
-
-
-
income
4 239
-
16 333
-
total
11 303
-
42 222
-
Employer
35 322
-
134 779
-
social contributions
8 831
-
29 591
-
health
3 179
-
12 130
-
total
12 010
-
41 721
-
Corporate
129 168
176 500
-
-
income
24 542
33 535
-
-
total
24 542
33 535
-
-
Dividends
104 626
142 965
-
-
withholding
15 694
21 445
-
-
total
15 694
21 445
-
-
Income
176 500
176 500
176 500
176 500
Total tax
63 549
54 980
83 943
76 106
After tax
112 951
121 520
92 557
100 394
Living cost
24 019
24 019
24 019
24 019
Free-cash
88 932
97 501
68 538
76 375

Estimated living cost  is ₽24019 per week

₽16684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51787
₽46543
₽41998
₽34024
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
municipal
-
-
-
1 048
regional
-
-
-
2 082
national
-
-
-
43 594
social contributions
-
-
-
45 395
total
-
-
-
92 119
Employee
89 267
-
176 500
-
social contributions
30 101
-
59 516
-
regional
842
-
1 838
-
municipal
473
-
936
-
national
15 468
-
37 803
-
total
46 884
-
100 093
-
Employer
89 267
-
176 500
-
total
-
-
-
-
Corporate
87 233
176 500
-
-
nationa
20 936
42 361
-
-
municipal
3 402
6 883
-
-
total
24 338
49 244
-
-
Dividends
62 894
127 256
-
-
withholding
16 352
33 086
-
-
total
16 352
33 086
-
-
Income
176 500
176 500
176 500
176 500
Total tax
87 574
82 330
100 093
92 119
After tax
88 926
94 170
76 407
84 381
Living cost
42 383
42 383
42 383
42 383
Free-cash
46 543
51 787
34 024
41 998

Estimated living cost  is ₽42383 per week

₽29544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88856
₽85727
₽61363
₽55224
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
income
-
-
-
48 870
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
7 546
total
-
-
-
92 973
Employee
33 216
-
148 282
-
other
-
-
-
-
health
848
-
3 418
-
surtax
109
-
6 343
-
income
5 568
-
42 862
-
pensions
2 215
-
8 941
-
unemployment
2 312
-
9 330
-
total
11 052
-
70 894
-
Employer
33 216
-
148 282
-
other
-
-
-
-
unemployment
1 052
-
4 249
-
pensions
4 428
-
17 870
-
health
1 512
-
6 099
-
total
6 992
-
28 218
-
Corporate
136 293
176 500
-
-
income
35 436
45 889
-
-
total
35 436
45 889
-
-
Dividends
100 857
130 611
-
-
withholding
15 129
19 591
-
-
total
15 129
19 591
-
-
Income
176 500
176 500
176 500
176 500
Total tax
68 609
65 480
99 112
92 973
After tax
107 891
111 020
77 388
83 527
Living cost
22 164
22 164
22 164
22 164
Free-cash
85 727
88 856
55 224
61 363

Estimated living cost  is ₽22164 per week

₽13552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
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.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69717
₽76346
₽71217
₽55239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
income
-
-
-
50 418
pensions
-
-
-
9 023
total
-
-
-
59 441
Employee
63 626
-
154 185
-
health
924
-
2 237
-
income
11 459
-
39 767
-
pensions
5 400
-
11 100
-
total
17 783
-
53 104
-
Employer
63 626
-
154 185
-
pensions
6 887
-
19 385
-
health
1 209
-
2 930
-
total
8 096
-
22 315
-
Corporate
104 778
176 500
-
-
income

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

19 909
33 536
-
-
total
19 909
33 536
-
-
Dividends
84 869
142 964
-
-
withholding
8 524
27 405
-
-
total
8 524
27 405
-
-
Income
176 500
176 500
176 500
176 500
Total tax
54 312
60 941
75 419
59 441
After tax
122 188
115 559
101 081
117 059
Living cost
45 842
45 842
45 842
45 842
Free-cash
76 346
69 717
55 239
71 217

Estimated living cost  is ₽45842 per week

₽34345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4318
₽37004
₽66312
₽58294
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
city
-
-
-
1 860
pensions
-
-
-
16 237
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.

-
-
-
3 530
regional
-
-
-
8 766
health
-
-
-
396
national
-
-
-
3 009
total
-
-
-
33 798
Employee
89 396
-
157 977
-
city
959
-
1 697
-
regional
2 927
-
7 536
-
health
202
-
355
-
pensions
7 510
-
13 271
-
unemployment
-
-
-
-
national
423
-
2 172
-
total
12 021
-
25 031
-
Employer
89 396
-
157 977
-
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.

1 787
-
3 159
-
unemployment
-
-
-
-
pensions
7 510
-
13 271
-
health
202
-
355
-
total
9 499
-
16 785
-
Corporate
76 621
176 500
-
-
regional
16 206
37 331
-
-
national
6 514
15 003
-
-
total
22 720
52 334
-
-
Dividends
53 902
124 166
-
-
withholding
18 866
43 458
-
-
total
18 866
43 458
-
-
Income
176 500
176 500
176 500
176 500
Total tax
63 106
95 792
41 816
33 798
After tax
113 394
80 708
134 684
142 702
Living cost
76 390
76 390
76 390
76 390
Free-cash
37 004
4 318
58 294
66 312

Estimated living cost  is ₽76390 per week

₽49675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6855
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽41192
₽57479
₽43856
₽66117
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
176 500
trade
-
-
-
22 261
income

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

-
-
-
54 510
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.

-
-
-
6 862
surtax

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

-
-
-
2 998
total
-
-
-
86 631
Employee

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

60 364
-
176 500
-
health

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

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

6 862
-
6 862
-
surtax

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

391
-
2 998
-
income

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

7 098
-
54 510
-
total
14 351
-
64 370
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
116 136
176 500
-
-
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.

959
1 456
-
-
income
17 420
26 476
-
-
trade
19 917
30 271
-
-
chamber of commerce
316
400
-
-
total
38 612
58 603
-
-
Dividends
77 524
117 897
-
-
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.

1 045
1 599
-
-
withholding
19 000
29 093
-
-
total
20 045
30 692
-
-
Income
176 500
176 500
176 500
176 500
Total tax
73 008
89 295
64 370
86 631
After tax
103 492
87 205
112 130
89 869
Living cost
46 013
46 013
46 013
46 013
Free-cash
57 479
41 192
66 117
43 856

Estimated living cost  is ₽46013 per week

₽33606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54592
₽60523
₽65105
₽62666
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
income
-
-
-
27 567
pensions
-
-
-
31 514
other
-
-
-
5 472
health
-
-
-
7 449
surtax
-
-
-
-
social contributions
-
-
-
5 028
total
-
-
-
77 030
Employee
42 988
-
136 787
-
social contributions
1 226
-
3 898
-
surtax
-
-
-
-
income
2 537
-
26 435
-
pensions
4 861
-
9 431
-
total
8 624
-
39 764
-
Employer
42 988
-
136 787
-
other
1 483
-
5 302
-
social contributions
130
-
410
-
unemployment
1 740
-
5 539
-
pensions
7 062
-
15 892
-
health
3 010
-
12 562
-
total
13 425
-
39 705
-
Corporate
120 088
176 500
-
-
surtax
-
-
-
-
income
33 625
49 419
-
-
total
33 625
49 419
-
-
Dividends
86 462
127 081
-
-
surtax
-
-
-
-
social contributions
14 871
21 857
-
-
withholding
11 067
16 267
-
-
total
25 938
38 124
-
-
Income
176 500
176 500
176 500
176 500
Total tax
81 612
87 543
79 469
77 030
After tax
94 888
88 957
97 031
99 470
Living cost
34 365
34 365
34 365
34 365
Free-cash
60 523
54 592
62 666
65 105

Estimated living cost  is ₽34365 per week

₽21668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57997
₽63577
₽68510
₽66071
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
income
-
-
-
27 567
pensions
-
-
-
31 514
other
-
-
-
5 472
health
-
-
-
7 449
surtax
-
-
-
-
social contributions
-
-
-
5 028
total
-
-
-
77 030
Employee
38 373
-
136 787
-
social contributions
1 094
-
3 898
-
surtax
-
-
-
-
income
1 979
-
26 435
-
pensions
4 340
-
9 431
-
total
7 413
-
39 764
-
Employer
38 373
-
136 787
-
other
1 325
-
5 302
-
social contributions
114
-
410
-
unemployment
1 553
-
5 539
-
pensions
6 305
-
15 892
-
health
2 686
-
12 562
-
total
11 983
-
39 705
-
Corporate
126 144
176 500
-
-
surtax
-
-
-
-
income
35 320
49 419
-
-
total
35 320
49 419
-
-
Dividends
90 824
127 081
-
-
surtax
-
-
-
-
social contributions
15 622
21 857
-
-
withholding
11 625
16 267
-
-
total
27 247
38 124
-
-
Income
176 500
176 500
176 500
176 500
Total tax
81 963
87 543
79 469
77 030
After tax
94 537
88 957
97 031
99 470
Living cost
30 960
30 960
30 960
30 960
Free-cash
63 577
57 997
66 071
68 510

Estimated living cost  is ₽30960 per week

₽17955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86382
₽86904
₽92048
₽88421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
income
-
-
-
26 476
health
-
-
-
12 319
social contributions
-
-
-
24 358
total
-
-
-
63 153
Employee
34 056
-
176 500
-
social contributions
4 700
-
24 358
-
health
2 377
-
12 319
-
income
5 680
-
30 103
-
total
12 757
-
66 780
-
Employer
34 056
-
176 500
-
total
-
-
-
-
Corporate
142 444
176 500
-
-
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%.

7 123
8 825
-
-
total
7 123
8 825
-
-
Dividends
135 321
167 675
-
-
health
9 445
11 703
-
-
social contributions
18 674
23 140
-
-
withholding
20 298
25 151
-
-
total
48 417
59 994
-
-
Income
176 500
176 500
176 500
176 500
Total tax
68 297
68 819
66 780
63 153
After tax
108 203
107 681
109 720
113 347
Living cost
21 299
21 299
21 299
21 299
Free-cash
86 904
86 382
88 421
92 048

Estimated living cost  is ₽21299 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
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.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62270
₽60716
₽55196
₽11402
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
chamber of commerce
-
-
-
705
income
-
-
-
48 165
pensions
-
-
-
21 708
unemployment
-
-
-
6 160
health
-
-
-
8 976
surtax
-
-
-
198
total
-
-
-
85 912
Employee
50 197
40 028
140 818
-
other
501
400
1 174
-
health
1 942
1 550
4 540
-
income
5 714
2 953
38 522
-
pensions
5 141
4 098
12 016
-
unemployment
1 506
1 201
3 521
-
total
14 804
10 202
59 773
-
Employer
50 197
40 028
140 818
-
accident
652
520
1 525
-
other
2 385
1 900
6 488
-
chamber of commerce
200
160
564
-
unemployment
1 506
1 201
3 521
-
surtax
198
198
198
-
pensions
6 300
5 024
14 726
-
payroll
1 506
1 201
4 224
-
health
1 897
1 513
4 435
-
total
14 644
11 717
35 681
-
Corporate
111 661
124 754
137 006
-
income

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

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

27 915
31 189
34 252
-
total
27 915
31 189
34 252
-
Dividends
83 746
93 564
-
-
withholding
23 029
25 730
-
-
total
23 029
25 730
-
-
Income
176 500
176 500
176 500
176 500
Total tax
80 392
78 838
129 706
85 912
After tax
96 108
97 662
46 794
90 588
Living cost
35 392
35 392
35 392
35 392
Free-cash
60 716
62 270
11 402
55 196

Estimated living cost  is ₽35392 per week

₽23605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62090
₽47025
₽39894
₽25541
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
national
-
-
-
65 853
communal

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

-
-
-
9 088
social contributions
-
-
-
25 042
total
-
-
-
99 983
Employee

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

71 847
-
136 707
-
communal

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

3 747
-
7 131
-
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.

3 376
-
6 425
-
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.

5 389
-
10 253
-
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.

625
-
1 189
-
national
22 089
-
49 545
-
total
35 226
-
74 543
-
Employer

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

71 847
-
136 707
-
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.

934
-
1 776
-
unemployment

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

1 048
-
1 996
-
surtax
8 147
-
15 504
-
pensions

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

6 366
-
12 111
-
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.

4 418
-
8 406
-
total
20 913
-
39 793
-
Corporate
83 739
176 500
-
-
surtax
335
705
-
-
income
16 747
35 301
-
-
total
17 082
36 006
-
-
Dividends
66 657
140 494
-
-
withholding

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

19 631
41 781
-
-
total
19 631
41 781
-
-
Income
176 500
176 500
176 500
176 500
Total tax
92 852
77 787
114 336
99 983
After tax
83 648
98 713
62 164
76 517
Living cost
36 623
36 623
36 623
36 623
Free-cash
47 025
62 090
25 541
39 894

Estimated living cost  is ₽36623 per week

₽23590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
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.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81379
₽74473
₽62782
₽58570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
accident
-
-
-
839
income
-
-
-
49 514
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
77 444
Employee
49 998
-
146 820
-
other
50
-
93
-
income
10 549
-
46 065
-
pensions
2 350
-
4 376
-
unemployment
776
-
1 443
-
total
13 725
-
51 977
-
Employer
49 998
-
146 820
-
accident
989
-
1 843
-
other
398
-
745
-
unemployment
2 750
-
5 120
-
pensions
11 799
-
21 971
-
total
15 936
-
29 679
-
Corporate
110 565
176 500
-
-
income

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

16 585
26 476
-
-
total
16 585
26 476
-
-
Dividends
93 980
150 024
-
-
withholding
19 507
32 371
-
-
total
19 507
32 371
-
-
Income
176 500
176 500
176 500
176 500
Total tax
65 753
58 847
81 656
77 444
After tax
110 747
117 653
94 844
99 056
Living cost
36 274
36 274
36 274
36 274
Free-cash
74 473
81 379
58 570
62 782

Estimated living cost  is ₽36274 per week

₽26712
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.
₽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.
₽6465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48687
₽35891
₽32726
₽39763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
accident
-
-
-
1 489
income
-
-
-
28 939
pensions
-
-
-
26 455
health
-
-
-
12 401
surtax
-
-
-
8 751
communal
-
-
-
11 154
total
-
-
-
89 189
Employee
76 064
-
157 660
-
health
3 385
-
7 016
-
surtax
4 662
-
9 662
-
income
7 347
-
34 021
-
pensions
6 084
-
12 613
-
total
21 478
-
63 312
-
Employer
76 064
-
157 660
-
accident
684
-
1 418
-
pensions
6 084
-
12 613
-
health
2 320
-
4 809
-
total
9 088
-
18 840
-
Corporate
91 347
176 500
-
-
surtax
959
1 853
-
-
communal
6 166
11 913
-
-
income
13 703
26 476
-
-
total
20 828
40 242
-
-
Dividends
70 520
136 259
-
-
income
24 051
12 547
-
-
withholding
10 579
20 439
-
-
total
34 630
32 986
-
-
Income
176 500
176 500
176 500
176 500
Total tax
86 024
73 228
82 152
89 189
After tax
90 476
103 272
94 348
87 311
Living cost
54 585
54 585
54 585
54 585
Free-cash
35 891
48 687
39 763
32 726

Estimated living cost  is ₽54585 per week

₽40947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88459
₽85262
₽60966
₽54827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
income
-
-
-
48 870
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
7 546
total
-
-
-
92 973
Employee
33 826
-
148 282
-
other
-
-
-
-
health
863
-
3 418
-
surtax
120
-
6 343
-
income
5 671
-
42 862
-
pensions
2 257
-
8 941
-
unemployment
2 354
-
9 330
-
total
11 265
-
70 894
-
Employer
33 826
-
148 282
-
other
-
-
-
-
unemployment
1 073
-
4 249
-
pensions
4 510
-
17 870
-
health
1 538
-
6 099
-
total
7 121
-
28 218
-
Corporate
135 553
176 500
-
-
income
35 244
45 889
-
-
total
35 244
45 889
-
-
Dividends
100 310
130 611
-
-
withholding
15 047
19 591
-
-
total
15 047
19 591
-
-
Income
176 500
176 500
176 500
176 500
Total tax
68 677
65 480
99 112
92 973
After tax
107 823
111 020
77 388
83 527
Living cost
22 561
22 561
22 561
22 561
Free-cash
85 262
88 459
54 827
60 966

Estimated living cost  is ₽22561 per week

₽13621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65714
₽63486
₽56744
₽48814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
municipal
-
-
-
1 048
regional
-
-
-
2 662
national
-
-
-
43 594
social contributions
-
-
-
45 395
total
-
-
-
92 699
Employee
55 717
-
176 500
-
social contributions
18 788
-
59 516
-
regional
750
-
2 374
-
municipal
295
-
936
-
national
8 827
-
37 803
-
total
28 660
-
100 629
-
Employer
55 717
-
176 500
-
total
-
-
-
-
Corporate
120 783
176 500
-
-
nationa
28 988
42 361
-
-
municipal
6 002
8 772
-
-
total
34 990
51 133
-
-
Dividends
85 793
125 367
-
-
withholding
22 307
32 596
-
-
total
22 307
32 596
-
-
Income
176 500
176 500
176 500
176 500
Total tax
85 957
83 729
100 629
92 699
After tax
90 543
92 771
75 871
83 801
Living cost
27 057
27 057
27 057
27 057
Free-cash
63 486
65 714
48 814
56 744

Estimated living cost  is ₽27057 per week

₽16827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91922
₽81364
₽70796
₽62959
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
income
-
-
-
17 717
health
-
-
-
23 827
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 562
total
-
-
-
76 106
Employee
43 526
-
134 779
-
social contributions
2 829
-
7 694
-
health
5 876
-
18 195
-
solidarity contribution
-
-
-
-
income
5 223
-
16 333
-
total
13 928
-
42 222
-
Employer
43 526
-
134 779
-
social contributions
10 882
-
29 591
-
health
3 917
-
12 130
-
total
14 799
-
41 721
-
Corporate
118 175
176 500
-
-
income
22 453
33 535
-
-
total
22 453
33 535
-
-
Dividends
95 722
142 965
-
-
withholding
14 358
21 445
-
-
total
14 358
21 445
-
-
Income
176 500
176 500
176 500
176 500
Total tax
65 538
54 980
83 943
76 106
After tax
110 962
121 520
92 557
100 394
Living cost
29 598
29 598
29 598
29 598
Free-cash
81 364
91 922
62 959
70 796

Estimated living cost  is ₽29598 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
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.
₽5435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65725
₽65229
₽58741
₽14799
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
chamber of commerce
-
-
-
705
income
-
-
-
48 165
pensions
-
-
-
21 708
unemployment
-
-
-
6 160
health
-
-
-
8 976
surtax
-
-
-
-
total
-
-
-
85 714
Employee
43 906
40 028
141 003
-
other
438
400
1 174
-
health
1 698
1 550
4 540
-
income
3 911
2 953
38 610
-
pensions
4 496
4 098
12 016
-
unemployment
1 317
1 201
3 521
-
total
11 860
10 202
59 861
-
Employer
43 906
40 028
141 003
-
accident
570
520
1 525
-
other
2 085
1 900
6 496
-
chamber of commerce
175
160
564
-
unemployment
1 317
1 201
3 521
-
surtax
-
-
-
-
pensions
5 511
5 024
14 726
-
payroll
1 317
1 201
4 230
-
health
1 660
1 513
4 435
-
total
12 635
11 519
35 497
-
Corporate
119 958
124 952
137 191
-
income

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

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

29 990
31 239
34 298
-
total
29 990
31 239
34 298
-
Dividends
89 968
93 713
-
-
withholding
24 741
25 770
-
-
total
24 741
25 770
-
-
Income
176 500
176 500
176 500
176 500
Total tax
79 226
78 730
129 656
85 714
After tax
97 274
97 770
46 844
90 786
Living cost
32 045
32 045
32 045
32 045
Free-cash
65 229
65 725
14 799
58 741

Estimated living cost  is ₽32045 per week

₽19223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153494
₽150835
₽160554
₽127019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
176 500
microenterprise

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

-
-
-
1 765
total
-
-
-
1 765
Employee
17 726
-
176 500
-
income
3 545
-
35 300
-
total
3 545
-
35 300
-
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%.

158 774
176 500
-
-
total
-
-
-
-
Dividends
158 774
176 500
-
-
withholding
7 939
8 825
-
-
total
7 939
8 825
-
-
Income
176 500
176 500
176 500
176 500
Total tax
11 484
8 825
35 300
1 765
After tax
165 016
167 675
141 200
174 735
Living cost
14 181
14 181
14 181
14 181
Free-cash
150 835
153 494
127 019
160 554

Estimated living cost  is ₽14181 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94578
₽86177
₽59284
₽54610
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
176 500
income
-
-
-
40 408
pensions
-
-
-
32 234
unemployment
-
-
-
265
health
-
-
-
17 368
total
-
-
-
90 275
Employee

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

44 416
-
152 722
-
health
2 869
-
9 866
-
income
7 659
-
37 420
-
pensions
6 885
-
23 672
-
unemployment
63
-
213
-
total
17 476
-
71 171
-
Employer

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

44 416
-
152 722
-
unemployment
27
-
91
-
pensions
3 930
-
13 516
-
health
2 958
-
10 171
-
total
6 915
-
23 778
-
Corporate
125 169
176 500
-
-
income
23 782
33 536
-
-
total
23 782
33 536
-
-
Dividends
101 386
142 964
-
-
withholding
15 209
21 445
-
-
total
15 209
21 445
-
-
Income
176 500
176 500
176 500
176 500
Total tax
63 382
54 981
94 949
90 275
After tax
113 118
121 519
81 551
86 225
Living cost
26 941
26 941
26 941
26 941
Free-cash
86 177
94 578
54 610
59 284

Estimated living cost  is ₽26941 per week

₽18489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
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.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63821
₽15798
₽78414
₽119656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
income
-
-
-
34 403
social contributions
-
-
-
20 121
total
-
-
-
54 524
Employee
62 462
-
-
-
social contributions
5 122
-
730
-
income
13 778
-
-
-
total
18 900
-
730
-
Employer
62 462
-
-
-
social contributions
88 071
-
12 552
-
total
88 071
-
12 552
-
Corporate
25 967
176 500
-
-
income
5 713
38 830
-
-
total
5 713
38 830
-
-
Dividends
20 255
137 670
-
-
income
4 456
30 287
-
-
total
4 456
30 287
-
-
Income
176 500
176 500
176 500
176 500
Total tax
117 140
69 117
13 282
54 524
After tax
59 360
107 383
163 218
121 976
Living cost
43 562
43 562
43 562
43 562
Free-cash
15 798
63 821
119 656
78 414

Estimated living cost  is ₽43562 per week

₽28265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68886
₽67876
₽63045
₽49664
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
176 500
income
-
-
-
20 615
surtax
-
-
-
-
social contributions

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

-
-
-
61 334
total
-
-
-
81 949
Employee
46 196
-
142 627
-
social contributions
5 082
-
15 689
-
surtax
-
-
-
-
income
9 609
-
45 768
-
total
14 691
-
61 457
-
Employer
46 196
-
142 627
-
social contributions
10 971
-
33 873
-
total
10 971
-
33 873
-
Corporate
119 333
176 500
-
-
surtax
-
-
-
-
income
25 059
37 066
-
-
total
25 059
37 066
-
-
Dividends
94 273
139 434
-
-
withholding
26 397
39 042
-
-
total
26 397
39 042
-
-
Income
176 500
176 500
176 500
176 500
Total tax
77 118
76 108
95 330
81 949
After tax
99 382
100 392
81 170
94 551
Living cost
31 506
31 506
31 506
31 506
Free-cash
67 876
68 886
49 664
63 045

Estimated living cost  is ₽31506 per week

₽23573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
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.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40445
₽47350
₽50958
₽48519
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
income
-
-
-
27 567
pensions
-
-
-
31 514
other
-
-
-
5 472
health
-
-
-
7 449
surtax
-
-
-
-
social contributions
-
-
-
5 028
total
-
-
-
77 030
Employee
62 909
-
136 787
-
social contributions
1 792
-
3 898
-
surtax
-
-
-
-
income
5 489
-
26 435
-
pensions
7 115
-
9 431
-
total
14 396
-
39 764
-
Employer
62 909
-
136 787
-
other
2 171
-
5 302
-
social contributions
189
-
410
-
unemployment
2 548
-
5 539
-
pensions
10 337
-
15 892
-
health
4 403
-
12 562
-
total
19 648
-
39 705
-
Corporate
93 943
176 500
-
-
surtax
-
-
-
-
income
26 304
49 419
-
-
total
26 304
49 419
-
-
Dividends
67 639
127 081
-
-
surtax
-
-
-
-
social contributions
11 633
21 857
-
-
withholding
8 657
16 267
-
-
total
20 290
38 124
-
-
Income
176 500
176 500
176 500
176 500
Total tax
80 638
87 543
79 469
77 030
After tax
95 862
88 957
97 031
99 470
Living cost
48 512
48 512
48 512
48 512
Free-cash
47 350
40 445
48 519
50 958

Estimated living cost  is ₽48512 per week

₽32832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128657
₽125283
₽99808
₽104498
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
income
-
-
-
7 668
social contributions
-
-
-
38 831
total
-
-
-
46 499
Employee
32 291
-
152 813
-
income
-
-
8 189
-
social contributions
2 099
-
9 933
-
total
2 099
-
18 122
-
Employer
32 291
-
152 813
-
social contributions
5 005
-
23 687
-
total
5 005
-
23 687
-
Corporate
139 203
176 500
-
-
income
13 920
17 650
-
-
total
13 920
17 650
-
-
Dividends
125 283
158 850
-
-
total
-
-
-
-
Income
176 500
176 500
176 500
176 500
Total tax
21 024
17 650
41 809
46 499
After tax
155 476
158 850
134 691
130 001
Living cost
30 193
30 193
30 193
30 193
Free-cash
125 283
128 657
104 498
99 808

Estimated living cost  is ₽30193 per week

₽19522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
-₽42340
-₽42340
₽55748
-₽42340
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
municipal
-
-
-
36 753
pensions
-
-
-
871
national
-
-
-
20 705
labour market
-
-
-
14 050
total
-
-
-
72 379
Employee
204 171
204 171
204 171
-
labour market
16 310
16 310
16 310
-
national
24 943
24 943
24 943
-
municipal
43 477
43 477
43 477
-
pensions
290
290
290
-
total
85 020
85 020
85 020
-
Employer
204 171
204 171
204 171
-
labour market
16 334
16 334
16 334
-
municipal
43 546
43 546
43 546
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 447
85 447
85 447
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
176 500
176 500
176 500
176 500
Total tax
170 467
170 467
170 467
72 379
After tax
6 033
6 033
6 033
104 121
Living cost
48 373
48 373
48 373
48 373
Free-cash
-42 340
-42 340
-42 340
55 748

Estimated living cost  is ₽48373 per week

₽33107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7423
₽10966
₽98937
₽74151
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
accident
-
-
-
253
income
-
-
-
48 865
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
55 843
Employee
34 167
-
158 913
-
health
3 912
-
18 196
-
income
4 687
-
37 201
-
pensions
3 847
-
7 645
-
total
12 446
-
63 042
-
Employer
34 167
-
158 913
-
accident
571
-
2 654
-
unemployment
837
-
3 893
-
pensions
5 555
-
11 040
-
total
6 963
-
17 587
-
Corporate
135 370
176 500
-
-
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.

121 833
158 850
-
-
total
121 833
158 850
-
-
Dividends
13 537
17 650
-
-
withholding
2 572
3 353
-
-
total
2 572
3 353
-
-
Income
176 500
176 500
176 500
176 500
Total tax
143 814
162 203
80 629
55 843
After tax
32 686
14 297
95 871
120 657
Living cost
21 720
21 720
21 720
21 720
Free-cash
10 966
-7 423
74 151
98 937

Estimated living cost  is ₽21720 per week

₽15810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72061
₽74577
₽75338
₽54055
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
176 500
municipal
-
-
-
31 357
health
-
-
-
2 299
national
-
-
-
28 943
total
-
-
-
62 599
Employee
52 845
-
148 482
-
health
395
-
1 868
-
municipal
8 656
-
24 186
-
pensions
3 566
-
10 022
-
unemployment
793
-
2 226
-
national
873
-
17 562
-
total
14 283
-
55 864
-
Employer
52 845
-
148 482
-
accident
53
-
149
-
unemployment
343
-
964
-
pensions
9 168
-
25 761
-
health
406
-
1 144
-
total
9 970
-
28 018
-
Corporate
113 684
176 500
-
-
income
22 738
35 301
-
-
total
22 738
35 301
-
-
Dividends

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

68 210
105 899
-
-
national
4 092
11 512
-
-
municipal
12 277
19 063
-
-
total
16 369
30 575
-
-
Income
176 500
176 500
176 500
176 500
Total tax
63 360
65 876
83 882
62 599
After tax
113 140
110 624
92 618
113 901
Living cost
38 563
38 563
38 563
38 563
Free-cash
74 577
72 061
54 055
75 338

Estimated living cost  is ₽38563 per week

₽25189
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.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105503
₽100038
₽97405
₽95849
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
income
-
-
-
35 089
health
-
-
-
4 500
social contributions
-
-
-
16 251
total
-
-
-
55 840
Employee
77 236
77 236
164 804
-
social contributions
2 920
6 410
8 646
-
health
599
1 313
2 802
-
income
8 410
7 150
34 252
-
total
11 929
14 873
45 700
-
Employer
77 236
77 236
164 804
-
social contributions
2 920
6 410
8 646
-
health
650
1 430
3 050
-
total
3 570
7 840
11 696
-
Corporate
137 746
91 425
-
-
income
17 218
11 429
-
-
total
17 218
11 429
-
-
Dividends
120 529
79 996
-
-
withholding
20 490
13 600
-
-
total
20 490
13 600
-
-
Income
176 500
176 500
176 500
176 500
Total tax
53 207
47 742
57 396
55 840
After tax
123 293
128 758
119 104
120 660
Living cost
23 255
23 255
23 255
23 255
Free-cash
100 038
105 503
95 849
97 405

Estimated living cost  is ₽23255 per week

₽13937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130212
₽125105
₽132546
₽112398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
176 500
income
-
-
-
17 954
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
28 007
Employee

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

23 055
-
166 684
-
health
1 959
-
8 101
-
income
1 576
-
15 464
-
pensions
3 458
-
14 296
-
unemployment
114
-
477
-
total
7 107
-
38 338
-
Employer

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

23 055
-
166 684
-
unemployment
114
-
477
-
pensions
1 268
-
5 242
-
health
991
-
4 098
-
total
2 373
-
9 817
-
Corporate
151 072
176 500
-
-
income
13 596
15 885
-
-
total
13 596
15 885
-
-
Dividends
137 476
160 615
-
-
withholding
12 372
14 456
-
-
total
12 372
14 456
-
-
Income
176 500
176 500
176 500
176 500
Total tax
35 448
30 341
48 155
28 007
After tax
141 052
146 159
128 345
148 493
Living cost
15 947
15 947
15 947
15 947
Free-cash
125 105
130 212
112 398
132 546

Estimated living cost  is ₽15947 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90032
₽85598
₽71435
₽67223
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
accident
-
-
-
839
income
-
-
-
49 514
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
77 444
Employee
37 140
-
146 820
-
other
36
-
93
-
income
7 160
-
46 065
-
pensions
1 746
-
4 376
-
unemployment
576
-
1 443
-
total
9 518
-
51 977
-
Employer
37 140
-
146 820
-
accident
736
-
1 843
-
other
297
-
745
-
unemployment
2 043
-
5 120
-
pensions
8 764
-
21 971
-
total
11 840
-
29 679
-
Corporate
127 520
176 500
-
-
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.

19 128
26 476
-
-
total
19 128
26 476
-
-
Dividends
108 392
150 024
-
-
withholding
22 795
32 371
-
-
total
22 795
32 371
-
-
Income
176 500
176 500
176 500
176 500
Total tax
63 281
58 847
81 656
77 444
After tax
113 219
117 653
94 844
99 056
Living cost
27 621
27 621
27 621
27 621
Free-cash
85 598
90 032
67 223
71 435

Estimated living cost  is ₽27621 per week

₽18643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107385
₽106932
₽110358
₽110162
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
income
-
-
-
59 929
pensions
-
-
-
2 007
health
-
-
-
1 455
total
-
-
-
63 391
Employee
4 190
-
174 243
-
health
210
-
502
-
income
811
-
59 824
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 440
-
61 329
-
Employer
4 190
-
174 243
-
unemployment
84
-
201
-
pensions
461
-
1 104
-
health
398
-
953
-
total
943
-
2 258
-
Corporate
171 367
176 500
-
-
income
37 701
38 830
-
-
total
37 701
38 830
-
-
Dividends
133 666
137 670
-
-
withholding
26 733
27 534
-
-
total
26 733
27 534
-
-
Income
176 500
176 500
176 500
176 500
Total tax
66 817
66 364
63 587
63 391
After tax
109 683
110 136
112 913
113 109
Living cost
2 751
2 751
2 751
2 751
Free-cash
106 932
107 385
110 162
110 358

Estimated living cost  is ₽2751 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110151
₽105211
₽91143
₽91142
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
176 500
income
-
-
-
39 929
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 646
total
-
-
-
67 987
Employee

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

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

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

26 193
-
163 213
-
health
1 349
-
3 823
-
income
3 610
-
39 929
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
54 701
-
Employer

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

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

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

26 193
-
163 213
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
145 619
176 500
-
-
income
21 843
26 475
-
-
total
21 843
26 475
-
-
Dividends
123 776
150 025
-
-
withholding
18 566
22 504
-
-
total
18 566
22 504
-
-
Income
176 500
176 500
176 500
176 500
Total tax
53 919
48 979
67 988
67 987
After tax
122 581
127 521
108 512
108 513
Living cost
17 370
17 370
17 370
17 370
Free-cash
105 211
110 151
91 142
91 143

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73313
₽72952
₽67472
₽54091
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
176 500
income
-
-
-
20 615
surtax
-
-
-
-
social contributions

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

-
-
-
61 334
total
-
-
-
81 949
Employee
38 984
-
142 627
-
social contributions
4 289
-
15 689
-
surtax
-
-
-
-
income
7 617
-
45 768
-
total
11 906
-
61 457
-
Employer
38 984
-
142 627
-
social contributions
9 258
-
33 873
-
total
9 258
-
33 873
-
Corporate
128 258
176 500
-
-
surtax
-
-
-
-
income
26 935
37 066
-
-
total
26 935
37 066
-
-
Dividends
101 323
139 434
-
-
withholding
28 370
39 042
-
-
total
28 370
39 042
-
-
Income
176 500
176 500
176 500
176 500
Total tax
76 469
76 108
95 330
81 949
After tax
100 031
100 392
81 170
94 551
Living cost
27 079
27 079
27 079
27 079
Free-cash
72 952
73 313
54 091
67 472

Estimated living cost  is ₽27079 per week

₽19179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82353
₽75781
₽63756
₽59544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
accident
-
-
-
839
income
-
-
-
49 514
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
77 444
Employee
48 509
-
146 820
-
other
48
-
93
-
income
10 132
-
46 065
-
pensions
2 280
-
4 376
-
unemployment
751
-
1 443
-
total
13 211
-
51 977
-
Employer
48 509
-
146 820
-
accident
961
-
1 843
-
other
389
-
745
-
unemployment
2 669
-
5 120
-
pensions
11 448
-
21 971
-
total
15 467
-
29 679
-
Corporate
112 525
176 500
-
-
income

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

16 878
26 476
-
-
total
16 878
26 476
-
-
Dividends
95 646
150 024
-
-
withholding
19 863
32 371
-
-
total
19 863
32 371
-
-
Income
176 500
176 500
176 500
176 500
Total tax
65 419
58 847
81 656
77 444
After tax
111 081
117 653
94 844
99 056
Living cost
35 300
35 300
35 300
35 300
Free-cash
75 781
82 353
59 544
63 756

Estimated living cost  is ₽35300 per week

₽25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133631
₽127512
₽123383
₽130300
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
income
-
-
-
26 475
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
35 841
Employee
22 876
-
169 617
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
16 961
-
pensions

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

2 008
-
3 080
-
total
5 599
-
22 041
-
Employer
22 876
-
169 617
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
149 135
176 500
-
-
income
14 914
17 650
-
-
total
14 914
17 650
-
-
Dividends
134 221
158 850
-
-
withholding
6 711
7 943
-
-
total
6 711
7 943
-
-
Income
176 500
176 500
176 500
176 500
Total tax
31 712
25 593
28 924
35 841
After tax
144 788
150 907
147 576
140 659
Living cost
17 276
17 276
17 276
17 276
Free-cash
127 512
133 631
130 300
123 383

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52056
₽65197
₽54726
₽73352
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
176 500
trade
-
-
-
18 626
income

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

-
-
-
54 510
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.

-
-
-
6 862
surtax

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

-
-
-
2 998
total
-
-
-
82 996
Employee

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

49 976
-
176 500
-
health

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

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

6 862
-
6 862
-
surtax

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

227
-
2 998
-
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.

4 110
-
54 510
-
total
11 199
-
64 370
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
126 524
176 500
-
-
surtax

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

1 045
1 456
-
-
income
18 979
26 476
-
-
trade
18 155
25 328
-
-
chamber of commerce
337
412
-
-
total
38 516
53 672
-
-
Dividends
88 007
122 828
-
-
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.

1 189
1 668
-
-
withholding
21 621
30 326
-
-
total
22 810
31 994
-
-
Income
176 500
176 500
176 500
176 500
Total tax
72 525
85 666
64 370
82 996
After tax
103 975
90 834
112 130
93 504
Living cost
38 778
38 778
38 778
38 778
Free-cash
65 197
52 056
73 352
54 726

Estimated living cost  is ₽38778 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66332
₽68551
₽35848
₽35848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
income
-
-
-
53 998
social contributions
-
-
-
29 437
total
-
-
-
83 435
Employee
78 569
-
176 500
-
income
14 826
-
53 998
-
social contributions
6 527
-
29 437
-
total
21 353
-
83 435
-
Employer
78 569
-
176 500
-
total
-
-
-
-
Corporate
97 931
176 500
-
-
income
12 241
22 063
-
-
total
12 241
22 063
-
-
Dividends
85 691
154 437
-
-
withholding
17 138
30 888
-
-
total
17 138
30 888
-
-
Income
176 500
176 500
176 500
176 500
Total tax
50 732
52 951
83 435
83 435
After tax
125 768
123 549
93 065
93 065
Living cost
57 217
57 217
57 217
57 217
Free-cash
68 551
66 332
35 848
35 848

Estimated living cost  is ₽57217 per week

₽43529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
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.
₽8478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72958
₽76465
₽104718
₽89059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
176 500
income
-
-
-
28 591
health

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

-
-
-
6 730
total
-
-
-
35 321
Employee
46 077
-
171 880
-
income
5 000
-
41 740
-
social contributions
4 617
-
4 620
-
total
9 617
-
46 360
-
Employer
46 077
-
171 880
-
social contributions
4 617
-
4 620
-
total
4 617
-
4 620
-
Corporate
125 806
176 500
-
-
income
44 033
61 774
-
-
total
44 033
61 774
-
-
Dividends
81 774
114 726
-
-
social contributions
5 307
5 307
-
-
total
5 307
5 307
-
-
Income
176 500
176 500
176 500
176 500
Total tax
63 574
67 081
50 980
35 321
After tax
112 926
109 419
125 520
141 179
Living cost
36 461
36 461
36 461
36 461
Free-cash
76 465
72 958
89 059
104 718

Estimated living cost  is ₽36461 per week

₽24017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽78291
₽84234
₽79791
₽63813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
income
-
-
-
50 418
pensions
-
-
-
9 023
total
-
-
-
59 441
Employee
51 156
-
154 185
-
health
667
-
2 237
-
income
9 316
-
39 767
-
pensions
3 904
-
11 100
-
total
13 887
-
53 104
-
Employer
51 156
-
154 185
-
pensions
5 168
-
19 385
-
health
972
-
2 930
-
total
6 140
-
22 315
-
Corporate
119 204
176 500
-
-
income

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

22 649
33 536
-
-
total
22 649
33 536
-
-
Dividends
96 555
142 964
-
-
withholding
12 322
27 405
-
-
total
12 322
27 405
-
-
Income
176 500
176 500
176 500
176 500
Total tax
54 998
60 941
75 419
59 441
After tax
121 502
115 559
101 081
117 059
Living cost
37 268
37 268
37 268
37 268
Free-cash
84 234
78 291
63 813
79 791

Estimated living cost  is ₽37268 per week

₽25566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9574
₽10636
₽96786
₽72000
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
accident
-
-
-
253
income
-
-
-
48 865
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
55 843
Employee
37 549
-
158 913
-
health
4 299
-
18 196
-
income
5 151
-
37 201
-
pensions
4 228
-
7 645
-
total
13 678
-
63 042
-
Employer
37 549
-
158 913
-
accident
627
-
2 654
-
unemployment
920
-
3 893
-
pensions
6 105
-
11 040
-
total
7 652
-
17 587
-
Corporate
131 299
176 500
-
-
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.

118 169
158 850
-
-
total
118 169
158 850
-
-
Dividends
13 130
17 650
-
-
withholding
2 494
3 353
-
-
total
2 494
3 353
-
-
Income
176 500
176 500
176 500
176 500
Total tax
141 993
162 203
80 629
55 843
After tax
34 507
14 297
95 871
120 657
Living cost
23 871
23 871
23 871
23 871
Free-cash
10 636
-9 574
72 000
96 786

Estimated living cost  is ₽23871 per week

₽17518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
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.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134959
₽130259
₽89670
₽111754
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
176 500
work injury
-
-
-
803
health insurance
-
-
-
11 886
income
-
-
-
29 094
pensions
-
-
-
29 554
unemployment
-
-
-
1 927
total
-
-
-
73 264
Employee

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

21 706
-
176 500
-
work injury
109
-
402
-
income
2 171
-
29 094
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
51 180
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
154 794
176 500
-
-
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%.

1 548
1 765
-
-
total
1 548
1 765
-
-
Dividends
153 246
174 735
-
-
withholding
22 987
26 210
-
-
total
22 987
26 210
-
-
Income
176 500
176 500
176 500
176 500
Total tax
32 675
27 975
51 180
73 264
After tax
143 825
148 525
125 320
103 236
Living cost
13 566
13 566
13 566
13 566
Free-cash
130 259
134 959
111 754
89 670

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52953
₽48386
₽42275
₽34529
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
176 500
municipal
-
-
-
1 180
regional
-
-
-
4 042
national
-
-
-
43 594
social contributions
-
-
-
45 395
total
-
-
-
94 211
Employee
84 639
-
176 500
-
social contributions
28 540
-
59 516
-
regional
1 278
-
3 586
-
municipal
505
-
1 052
-
national
14 303
-
37 803
-
total
44 626
-
101 957
-
Employer
84 639
-
176 500
-
total
-
-
-
-
Corporate
91 861
176 500
-
-
nationa
22 046
42 361
-
-
municipal
4 428
8 507
-
-
total
26 474
50 868
-
-
Dividends
65 387
125 632
-
-
withholding
17 000
32 665
-
-
total
17 000
32 665
-
-
Income
176 500
176 500
176 500
176 500
Total tax
88 100
83 533
101 957
94 211
After tax
88 400
92 967
74 543
82 289
Living cost
40 014
40 014
40 014
40 014
Free-cash
48 386
52 953
34 529
42 275

Estimated living cost  is ₽40014 per week

₽28107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
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