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
₽ 177000
per

Your estimated
City
free-cash

Dresden , Germany
₽58498
₽69739
₽61356
₽81793
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
177 000
trade
-
-
-
20 437
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.

-
-
-
54 494
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.

-
-
-
6 941
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.

-
-
-
2 996
total
-
-
-
84 868
Employee

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

38 862
-
177 000
-
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.

6 941
-
6 941
-
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.

60
-
2 996
-
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.

1 086
-
54 494
-
total
8 087
-
64 431
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
138 138
177 000
-
-
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
1 460
-
-
income
20 720
26 551
-
-
trade
21 757
27 877
-
-
chamber of commerce
353
409
-
-
total
43 970
56 297
-
-
Dividends
94 168
120 703
-
-
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
1 639
-
-
withholding
23 155
29 790
-
-
total
24 428
31 429
-
-
Income
177 000
177 000
177 000
177 000
Total tax
76 485
87 726
64 431
84 868
After tax
100 515
89 274
112 569
92 132
Living cost
30 776
30 776
30 776
30 776
Free-cash
69 739
58 498
81 793
61 356

Estimated living cost  is ₽30776 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59181
₽58329
₽53174
₽54174
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
municipal
-
-
-
19 382
pensions
-
-
-
21 240
national
-
-
-
30 034
social contributions
-
-
-
1 903
total
-
-
-
72 559
Employee
79 474
-
153 015
-
municipal
9 816
-
20 067
-
pensions
3 179
-
6 121
-
national
15 211
-
31 485
-
total
28 206
-
57 673
-
Employer
79 474
-
153 015
-
social contributions
854
-
1 645
-
pensions
6 358
-
12 241
-
total
7 212
-
13 886
-
Corporate
85 069
177 000
-
-
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%.

17 014
35 400
-
-
total
17 014
35 400
-
-
Dividends
68 055
141 600
-
-
withholding
14 972
31 152
-
-
total
14 972
31 152
-
-
Income
177 000
177 000
177 000
177 000
Total tax
67 404
66 552
71 559
72 559
After tax
109 596
110 448
105 441
104 441
Living cost
51 267
51 267
51 267
51 267
Free-cash
58 329
59 181
54 174
53 174

Estimated living cost  is ₽51267 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120463
₽112127
₽39772
₽53000
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
177 000
microenterprise
-
-
-
-
income
-
-
-
32 025
surtax
-
-
-
45 135
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.

-
-
-
38 930
total
-
-
-
116 090
Employee
29 690
-
133 178
-
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.

3 266
-
13 320
-
surtax
-
-
19 311
-
income
5 285
-
26 410
-
total
8 551
-
59 041
-
Employer
29 690
-
133 178
-
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.

7 152
-
29 171
-
surtax
-
-
14 650
-
total
7 152
-
43 821
-
Corporate
140 159
177 000
-
-
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%.

28 032
35 399
-
-
total
28 032
35 399
-
-
Dividends

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

112 127
141 601
-
-
total
-
-
-
-
Income
177 000
177 000
177 000
177 000
Total tax
43 735
35 399
102 862
116 090
After tax
133 265
141 601
74 138
60 910
Living cost
21 138
21 138
21 138
21 138
Free-cash
112 127
120 463
53 000
39 772

Estimated living cost  is ₽21138 per week

₽13486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
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.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45038
₽38813
₽55293
₽67807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
income
-
-
-
54 709
pensions
-
-
-
11 905
health
-
-
-
12 529
total
-
-
-
79 143
Employee
86 768
86 768
158 117
-
health
13 318
11 328
12 529
-
income

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

14 202
14 202
23 313
-
pensions
15 618
11 905
11 905
-
total
43 138
37 435
47 747
-
Employer
86 768
86 768
158 117
-
unemployment
3 124
3 124
3 881
-
pensions
6 039
6 039
7 506
-
health
6 031
6 031
7 495
-
total
15 194
15 194
18 882
-
Corporate
76 103
75 038
-
-
income
15 221
15 007
-
-
total
15 221
15 007
-
-
Dividends
60 882
60 031
-
-
income
12 938
12 757
-
-
withholding
9 132
9 005
-
-
total
22 070
21 762
-
-
Income
177 000
177 000
177 000
177 000
Total tax
95 623
89 398
66 629
79 143
After tax
81 377
87 602
110 371
97 857
Living cost
42 564
42 564
42 564
42 564
Free-cash
38 813
45 038
67 807
55 293

Estimated living cost  is ₽42564 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57500
₽56620
₽51486
₽50537
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
municipal
-
-
-
45 371
accident
-
-
-
172
pensions
-
-
-
9 273
other
-
-
-
9 968
unemployment
-
-
-
86
health
-
-
-
5 353
national
-
-
-
16 149
total
-
-
-
86 372
Employee
55 773
-
150 047
-
municipal
16 632
-
44 744
-
national
-
-
15 623
-
total
16 632
-
60 367
-
Employer
55 773
-
150 047
-
accident
112
-
172
-
other
6 481
-
9 968
-
unemployment
1 472
-
2 265
-
pensions
6 029
-
9 273
-
health
3 430
-
5 276
-
total
17 524
-
26 954
-
Corporate
103 703
177 000
-
-
income
22 815
38 940
-
-
total
22 815
38 940
-
-
Dividends
80 888
138 060
-
-
withholding
24 267
41 418
-
-
total
24 267
41 418
-
-
Income
177 000
177 000
177 000
177 000
Total tax
81 238
80 358
87 321
86 372
After tax
95 762
96 642
89 679
90 628
Living cost
39 142
39 142
39 142
39 142
Free-cash
56 620
57 500
50 537
51 486

Estimated living cost  is ₽39142 per week

₽25941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48448
₽62726
₽51309
₽72654
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
177 000
trade
-
-
-
21 345
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.

-
-
-
54 494
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.

-
-
-
6 941
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.

-
-
-
2 996
total
-
-
-
85 776
Employee

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

51 527
-
177 000
-
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.

6 941
-
6 941
-
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.

243
-
2 996
-
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.

4 427
-
54 494
-
total
11 611
-
64 431
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
125 473
177 000
-
-
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
1 460
-
-
income
18 821
26 551
-
-
trade
20 641
29 117
-
-
chamber of commerce
334
407
-
-
total
40 831
57 535
-
-
Dividends
84 642
119 465
-
-
surtax

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

1 143
1 622
-
-
withholding
20 774
29 480
-
-
total
21 917
31 102
-
-
Income
177 000
177 000
177 000
177 000
Total tax
74 359
88 637
64 431
85 776
After tax
102 641
88 363
112 569
91 224
Living cost
39 915
39 915
39 915
39 915
Free-cash
62 726
48 448
72 654
51 309

Estimated living cost  is ₽39915 per week

₽26696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96173
₽91961
₽88123
₽86562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
income
-
-
-
34 967
health
-
-
-
4 514
social contributions
-
-
-
16 440
total
-
-
-
55 921
Employee
78 130
78 130
165 198
-
social contributions
3 797
6 484
8 746
-
health
777
1 329
2 807
-
income
8 204
7 233
34 127
-
total
12 778
15 046
45 680
-
Employer
78 130
78 130
165 198
-
social contributions
3 797
6 484
8 746
-
health
846
1 446
3 056
-
total
4 643
7 930
11 802
-
Corporate
126 623
90 939
-
-
income
15 828
11 367
-
-
total
15 828
11 367
-
-
Dividends
110 795
79 572
-
-
withholding
18 834
13 528
-
-
total
18 834
13 528
-
-
Income
177 000
177 000
177 000
177 000
Total tax
52 083
47 871
57 482
55 921
After tax
124 917
129 129
119 518
121 079
Living cost
32 956
32 956
32 956
32 956
Free-cash
91 961
96 173
86 562
88 123

Estimated living cost  is ₽32956 per week

₽22529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81030
₽81415
₽104215
₽84206
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
income
-
-
-
21 638
pensions
-
-
-
17 700
unemployment
-
-
-
2 655
health
-
-
-
12 390
total
-
-
-
54 383
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.

26 564
10 572
148 117
-
health
1 859
740
10 368
-
income
3 247
1 292
18 107
-
pensions
2 656
1 057
14 812
-
unemployment
398
159
2 222
-
total
8 160
3 248
45 509
-
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.

26 564
10 572
148 117
-
pensions
5 180
2 062
28 883
-
total
5 180
2 062
28 883
-
Corporate
145 256
164 366
-
-
income
13 073
14 793
-
-
total
13 073
14 793
-
-
Dividends
132 183
149 573
-
-
social contributions
25 655
29 046
-
-
withholding
25 115
28 419
-
-
total
50 770
57 465
-
-
Income
177 000
177 000
177 000
177 000
Total tax
77 183
77 568
74 392
54 383
After tax
99 817
99 432
102 608
122 617
Living cost
18 402
18 402
18 402
18 402
Free-cash
81 415
81 030
84 206
104 215

Estimated living cost  is ₽18402 per week

₽12558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117059
₽110746
₽70330
₽77478
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
income
-
-
-
23 718
pensions
-
-
-
35 399
health
-
-
-
23 011
total
-
-
-
82 128
Employee
28 824
-
132 288
-
income
3 245
-
25 506
-
pensions
577
-
2 645
-
unemployment
461
-
2 117
-
total
4 283
-
30 268
-
Employer
28 824
-
132 288
-
unemployment
231
-
1 059
-
pensions
5 765
-
26 456
-
health
3 746
-
17 197
-
total
9 742
-
44 712
-
Corporate
138 433
177 000
-
-
income
27 687
35 399
-
-
total
27 687
35 399
-
-
Dividends
110 746
141 601
-
-
total
-
-
-
-
Income
177 000
177 000
177 000
177 000
Total tax
41 712
35 399
74 980
82 128
After tax
135 288
141 601
102 020
94 872
Living cost
24 542
24 542
24 542
24 542
Free-cash
110 746
117 059
77 478
70 330

Estimated living cost  is ₽24542 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽7853
₽10932
₽98809
₽73930
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
accident
-
-
-
255
income
-
-
-
48 975
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
56 001
Employee
34 905
-
159 324
-
health
3 997
-
18 242
-
income
4 789
-
37 267
-
pensions
3 930
-
7 695
-
total
12 716
-
63 204
-
Employer
34 905
-
159 324
-
accident
583
-
2 661
-
unemployment
855
-
3 903
-
pensions
5 676
-
11 112
-
total
7 114
-
17 676
-
Corporate
134 981
177 000
-
-
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.

121 483
159 300
-
-
total
121 483
159 300
-
-
Dividends
13 498
17 700
-
-
withholding
2 565
3 363
-
-
total
2 565
3 363
-
-
Income
177 000
177 000
177 000
177 000
Total tax
143 878
162 663
80 880
56 001
After tax
33 122
14 337
96 120
120 999
Living cost
22 190
22 190
22 190
22 190
Free-cash
10 932
-7 853
73 930
98 809

Estimated living cost  is ₽22190 per week

₽16263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1229
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.
₽4234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158888
₽157152
₽165968
₽132338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
177 000
microenterprise

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

-
-
-
1 770
total
-
-
-
1 770
Employee
11 577
-
177 000
-
income
2 315
-
35 400
-
total
2 315
-
35 400
-
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%.

165 423
177 000
-
-
total
-
-
-
-
Dividends
165 423
177 000
-
-
withholding
8 271
8 850
-
-
total
8 271
8 850
-
-
Income
177 000
177 000
177 000
177 000
Total tax
10 586
8 850
35 400
1 770
After tax
166 414
168 150
141 600
175 230
Living cost
9 262
9 262
9 262
9 262
Free-cash
157 152
158 888
132 338
165 968

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102970
₽96106
₽71560
₽73290
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
income
-
-
-
27 145
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.

-
-
-
37 083
other
-
-
-
7 339
health
-
-
-
6 799
total
-
-
-
78 366
Employee
36 892
-
141 373
-
health
517
-
1 978
-
income
6 351
-
27 721
-
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.

2 582
-
9 897
-
unemployment
368
-
1 413
-
total
9 818
-
41 009
-
Employer
36 892
-
141 373
-
accident
295
-
1 132
-
other
1 845
-
7 069
-
unemployment
368
-
1 413
-
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.

6 272
-
24 035
-
health
517
-
1 978
-
total
9 297
-
35 627
-
Corporate
130 810
177 000
-
-
income
27 471
37 169
-
-
total
27 471
37 169
-
-
Dividends
103 339
139 831
-
-
withholding
7 234
9 787
-
-
total
7 234
9 787
-
-
Income
177 000
177 000
177 000
177 000
Total tax
53 820
46 956
76 636
78 366
After tax
123 180
130 044
100 364
98 634
Living cost
27 074
27 074
27 074
27 074
Free-cash
96 106
102 970
73 290
71 560

Estimated living cost  is ₽27074 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47803
₽50173
₽49212
₽33173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
income
-
-
-
50 253
pensions
-
-
-
9 138
total
-
-
-
59 391
Employee
96 771
-
154 648
-
health
1 595
-
2 255
-
income
17 444
-
39 559
-
pensions
9 336
-
11 264
-
total
28 375
-
53 078
-
Employer
96 771
-
154 648
-
pensions
11 426
-
19 413
-
health
1 838
-
2 939
-
total
13 264
-
22 352
-
Corporate
66 965
177 000
-
-
income

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

12 723
33 629
-
-
total
12 723
33 629
-
-
Dividends
54 242
143 371
-
-
withholding
4 068
27 171
-
-
total
4 068
27 171
-
-
Income
177 000
177 000
177 000
177 000
Total tax
58 430
60 800
75 430
59 391
After tax
118 570
116 200
101 570
117 609
Living cost
68 397
68 397
68 397
68 397
Free-cash
50 173
47 803
33 173
49 212

Estimated living cost  is ₽68397 per week

₽51251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽138013
₽133293
₽127651
₽134572
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
income
-
-
-
26 550
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
36 027
Employee
17 640
-
170 037
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
17 004
-
pensions

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

1 549
-
3 116
-
total
4 318
-
22 143
-
Employer
17 640
-
170 037
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
155 898
177 000
-
-
income
15 590
17 700
-
-
total
15 590
17 700
-
-
Dividends
140 308
159 300
-
-
withholding
7 016
7 965
-
-
total
7 016
7 965
-
-
Income
177 000
177 000
177 000
177 000
Total tax
30 385
25 665
29 106
36 027
After tax
146 615
151 335
147 894
140 973
Living cost
13 322
13 322
13 322
13 322
Free-cash
133 293
138 013
134 572
127 651

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31260
₽33815
₽41515
₽54029
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
income
-
-
-
54 709
pensions
-
-
-
11 905
health
-
-
-
12 529
total
-
-
-
79 143
Employee
94 202
86 768
158 117
-
health
11 752
11 328
12 529
-
income

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

14 202
14 202
23 313
-
pensions
11 905
11 905
11 905
-
total
37 859
37 435
47 747
-
Employer
94 202
86 768
158 117
-
unemployment
3 392
3 124
3 881
-
pensions
6 556
6 039
7 506
-
health
6 546
6 031
7 495
-
total
16 494
15 194
18 882
-
Corporate
66 305
75 038
-
-
income
13 260
15 007
-
-
total
13 260
15 007
-
-
Dividends
53 045
60 031
-
-
income
11 272
12 757
-
-
withholding
7 958
9 005
-
-
total
19 230
21 762
-
-
Income
177 000
177 000
177 000
177 000
Total tax
86 843
89 398
66 629
79 143
After tax
90 157
87 602
110 371
97 857
Living cost
56 342
56 342
56 342
56 342
Free-cash
33 815
31 260
54 029
41 515

Estimated living cost  is ₽56342 per week

₽41562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97591
₽88930
₽76176
₽68340
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
income
-
-
-
17 726
health
-
-
-
23 895
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 929
total
-
-
-
76 550
Employee
35 696
-
134 950
-
social contributions
2 320
-
7 775
-
health
4 819
-
18 218
-
solidarity contribution
-
-
-
-
income
4 284
-
16 343
-
total
11 423
-
42 336
-
Employer
35 696
-
134 950
-
social contributions
8 924
-
29 905
-
health
3 213
-
12 145
-
total
12 137
-
42 050
-
Corporate
129 167
177 000
-
-
income
24 542
33 630
-
-
total
24 542
33 630
-
-
Dividends
104 625
143 370
-
-
withholding
15 694
21 505
-
-
total
15 694
21 505
-
-
Income
177 000
177 000
177 000
177 000
Total tax
63 796
55 135
84 386
76 550
After tax
113 204
121 865
92 614
100 450
Living cost
24 274
24 274
24 274
24 274
Free-cash
88 930
97 591
68 340
76 176

Estimated living cost  is ₽24274 per week

₽16861
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.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51563
₽46257
₽41835
₽33837
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
municipal
-
-
-
1 051
regional
-
-
-
2 087
national
-
-
-
43 629
social contributions
-
-
-
45 524
total
-
-
-
92 291
Employee
90 301
-
177 000
-
social contributions
30 450
-
59 685
-
regional
852
-
1 842
-
municipal
478
-
939
-
national
15 647
-
37 823
-
total
47 427
-
100 289
-
Employer
90 301
-
177 000
-
total
-
-
-
-
Corporate
86 699
177 000
-
-
nationa
20 807
42 480
-
-
municipal
3 382
6 903
-
-
total
24 189
49 383
-
-
Dividends
62 510
127 618
-
-
withholding
16 253
33 180
-
-
total
16 253
33 180
-
-
Income
177 000
177 000
177 000
177 000
Total tax
87 869
82 563
100 289
92 291
After tax
89 131
94 437
76 711
84 709
Living cost
42 874
42 874
42 874
42 874
Free-cash
46 257
51 563
33 837
41 835

Estimated living cost  is ₽42874 per week

₽29887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88913
₽85749
₽61364
₽55153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
income
-
-
-
48 740
pensions
-
-
-
27 122
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
7 495
total
-
-
-
93 215
Employee
33 601
-
148 455
-
other
-
-
-
-
health
858
-
3 457
-
surtax
110
-
6 278
-
income
5 632
-
42 663
-
pensions
2 241
-
9 045
-
unemployment
2 339
-
9 438
-
total
11 180
-
70 881
-
Employer
33 601
-
148 455
-
other
-
-
-
-
unemployment
1 064
-
4 298
-
pensions
4 479
-
18 077
-
health
1 529
-
6 170
-
total
7 072
-
28 545
-
Corporate
136 327
177 000
-
-
income
35 446
46 020
-
-
total
35 446
46 020
-
-
Dividends
100 881
130 980
-
-
withholding
15 132
19 646
-
-
total
15 132
19 646
-
-
Income
177 000
177 000
177 000
177 000
Total tax
68 830
65 666
99 426
93 215
After tax
108 170
111 334
77 574
83 785
Living cost
22 421
22 421
22 421
22 421
Free-cash
85 749
88 913
55 153
61 364

Estimated living cost  is ₽22421 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69473
₽76231
₽70882
₽54843
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
income
-
-
-
50 253
pensions
-
-
-
9 138
total
-
-
-
59 391
Employee
64 853
-
154 648
-
health
941
-
2 255
-
income
11 680
-
39 559
-
pensions
5 505
-
11 264
-
total
18 126
-
53 078
-
Employer
64 853
-
154 648
-
pensions
7 020
-
19 413
-
health
1 232
-
2 939
-
total
8 252
-
22 352
-
Corporate
103 894
177 000
-
-
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.

19 739
33 629
-
-
total
19 739
33 629
-
-
Dividends
84 155
143 371
-
-
withholding
7 925
27 171
-
-
total
7 925
27 171
-
-
Income
177 000
177 000
177 000
177 000
Total tax
54 042
60 800
75 430
59 391
After tax
122 958
116 200
101 570
117 609
Living cost
46 727
46 727
46 727
46 727
Free-cash
76 231
69 473
54 843
70 882

Estimated living cost  is ₽46727 per week

₽35007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3312
₽36524
₽65646
₽57531
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
city
-
-
-
1 866
pensions
-
-
-
16 285
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.

-
-
-
3 541
regional
-
-
-
8 719
health
-
-
-
399
national
-
-
-
2 918
total
-
-
-
33 728
Employee
90 843
-
158 426
-
city
975
-
1 703
-
regional
2 975
-
7 506
-
health
205
-
357
-
pensions
7 632
-
13 306
-
unemployment
-
-
-
-
national
430
-
2 140
-
total
12 217
-
25 012
-
Employer
90 843
-
158 426
-
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.

1 816
-
3 168
-
unemployment
-
-
-
-
pensions
7 632
-
13 306
-
health
205
-
357
-
total
9 653
-
16 831
-
Corporate
75 504
177 000
-
-
regional
15 970
37 436
-
-
national
6 418
15 045
-
-
total
22 388
52 481
-
-
Dividends
53 117
124 519
-
-
withholding
18 592
43 581
-
-
total
18 592
43 581
-
-
Income
177 000
177 000
177 000
177 000
Total tax
62 850
96 062
41 843
33 728
After tax
114 150
80 938
135 157
143 272
Living cost
77 626
77 626
77 626
77 626
Free-cash
36 524
3 312
57 531
65 646

Estimated living cost  is ₽77626 per week

₽50479
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽40910
₽57385
₽43770
₽66023
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
177 000
trade
-
-
-
22 253
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.

-
-
-
54 494
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.

-
-
-
6 941
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.

-
-
-
2 996
total
-
-
-
86 684
Employee

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

61 064
-
177 000
-
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.

6 941
-
6 941
-
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.

395
-
2 996
-
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.

7 181
-
54 494
-
total
14 517
-
64 431
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
115 936
177 000
-
-
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.

956
1 460
-
-
income
17 390
26 551
-
-
trade
19 883
30 355
-
-
chamber of commerce
318
403
-
-
total
38 547
58 769
-
-
Dividends
77 388
118 231
-
-
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.

1 043
1 604
-
-
withholding
18 962
29 171
-
-
total
20 005
30 775
-
-
Income
177 000
177 000
177 000
177 000
Total tax
73 069
89 544
64 431
86 684
After tax
103 931
87 456
112 569
90 316
Living cost
46 546
46 546
46 546
46 546
Free-cash
57 385
40 910
66 023
43 770

Estimated living cost  is ₽46546 per week

₽33996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54446
₽60448
₽65013
₽62708
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
income
-
-
-
27 520
pensions
-
-
-
31 750
other
-
-
-
5 488
health
-
-
-
7 422
surtax
-
-
-
-
social contributions
-
-
-
5 044
total
-
-
-
77 224
Employee
43 486
-
137 262
-
social contributions
1 240
-
3 912
-
surtax
-
-
-
-
income
2 566
-
26 450
-
pensions
4 917
-
9 429
-
total
8 723
-
39 791
-
Employer
43 486
-
137 262
-
other
1 500
-
5 305
-
social contributions
131
-
413
-
unemployment
1 760
-
5 559
-
pensions
7 144
-
15 896
-
health
3 045
-
12 565
-
total
13 580
-
39 738
-
Corporate
119 934
177 000
-
-
surtax
-
-
-
-
income
33 581
49 560
-
-
total
33 581
49 560
-
-
Dividends
86 353
127 440
-
-
surtax
-
-
-
-
social contributions
14 853
21 919
-
-
withholding
11 052
16 312
-
-
total
25 905
38 231
-
-
Income
177 000
177 000
177 000
177 000
Total tax
81 789
87 791
79 529
77 224
After tax
95 211
89 209
97 471
99 776
Living cost
34 763
34 763
34 763
34 763
Free-cash
60 448
54 446
62 708
65 013

Estimated living cost  is ₽34763 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
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.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57890
₽63537
₽68457
₽66152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
income
-
-
-
27 520
pensions
-
-
-
31 750
other
-
-
-
5 488
health
-
-
-
7 422
surtax
-
-
-
-
social contributions
-
-
-
5 044
total
-
-
-
77 224
Employee
38 817
-
137 262
-
social contributions
1 107
-
3 912
-
surtax
-
-
-
-
income
2 001
-
26 450
-
pensions
4 390
-
9 429
-
total
7 498
-
39 791
-
Employer
38 817
-
137 262
-
other
1 340
-
5 305
-
social contributions
116
-
413
-
unemployment
1 571
-
5 559
-
pensions
6 378
-
15 896
-
health
2 717
-
12 565
-
total
12 122
-
39 738
-
Corporate
126 060
177 000
-
-
surtax
-
-
-
-
income
35 297
49 560
-
-
total
35 297
49 560
-
-
Dividends
90 763
127 440
-
-
surtax
-
-
-
-
social contributions
15 610
21 919
-
-
withholding
11 617
16 312
-
-
total
27 227
38 231
-
-
Income
177 000
177 000
177 000
177 000
Total tax
82 144
87 791
79 529
77 224
After tax
94 856
89 209
97 471
99 776
Living cost
31 319
31 319
31 319
31 319
Free-cash
63 537
57 890
66 152
68 457

Estimated living cost  is ₽31319 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86440
₽86970
₽92124
₽88534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
income
-
-
-
26 551
health
-
-
-
12 354
social contributions
-
-
-
24 426
total
-
-
-
63 331
Employee
34 451
-
177 000
-
social contributions
4 755
-
24 426
-
health
2 404
-
12 354
-
income
5 746
-
30 141
-
total
12 905
-
66 921
-
Employer
34 451
-
177 000
-
total
-
-
-
-
Corporate
142 549
177 000
-
-
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%.

7 127
8 850
-
-
total
7 127
8 850
-
-
Dividends
135 423
168 150
-
-
health
9 452
11 737
-
-
social contributions
18 688
23 206
-
-
withholding
20 313
25 222
-
-
total
48 453
60 165
-
-
Income
177 000
177 000
177 000
177 000
Total tax
68 485
69 015
66 921
63 331
After tax
108 515
107 985
110 079
113 669
Living cost
21 545
21 545
21 545
21 545
Free-cash
86 970
86 440
88 534
92 124

Estimated living cost  is ₽21545 per week

₽14419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62149
₽60580
₽55036
₽11144
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
chamber of commerce
-
-
-
708
income
-
-
-
47 981
pensions
-
-
-
21 960
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
201
total
-
-
-
86 162
Employee
50 778
40 492
141 009
-
other
507
405
1 188
-
health
1 965
1 568
4 593
-
income
5 781
2 987
38 276
-
pensions
5 200
4 146
12 155
-
unemployment
1 523
1 215
3 561
-
total
14 976
10 321
59 773
-
Employer
50 778
40 492
141 009
-
accident
659
526
1 543
-
other
2 412
1 922
6 508
-
chamber of commerce
202
162
565
-
unemployment
1 523
1 215
3 561
-
surtax
201
201
201
-
pensions
6 373
5 083
14 897
-
payroll
1 523
1 215
4 230
-
health
1 919
1 531
4 487
-
total
14 812
11 855
35 992
-
Corporate
111 410
124 654
137 152
-
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.

27 852
31 163
34 289
-
total
27 852
31 163
34 289
-
Dividends
83 557
93 491
-
-
withholding
22 978
25 710
-
-
total
22 978
25 710
-
-
Income
177 000
177 000
177 000
177 000
Total tax
80 618
79 049
130 054
86 162
After tax
96 382
97 951
46 946
90 838
Living cost
35 802
35 802
35 802
35 802
Free-cash
60 580
62 149
11 144
55 036

Estimated living cost  is ₽35802 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61949
₽46707
₽39677
₽25382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
national
-
-
-
65 843
communal

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

-
-
-
9 101
social contributions
-
-
-
25 332
total
-
-
-
100 276
Employee

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

72 680
-
137 093
-
communal

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

3 791
-
7 150
-
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.

3 415
-
6 444
-
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.

5 451
-
10 281
-
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.

632
-
1 194
-
national
22 345
-
49 596
-
total
35 634
-
74 665
-
Employer

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

72 680
-
137 093
-
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.

945
-
1 782
-
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.

1 060
-
2 001
-
surtax
8 241
-
15 545
-
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.

6 440
-
12 146
-
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.

4 470
-
8 432
-
total
21 156
-
39 906
-
Corporate
83 164
177 000
-
-
surtax
334
708
-
-
income
16 632
35 399
-
-
total
16 966
36 107
-
-
Dividends
66 199
140 893
-
-
withholding

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

19 490
41 897
-
-
total
19 490
41 897
-
-
Income
177 000
177 000
177 000
177 000
Total tax
93 246
78 004
114 571
100 276
After tax
83 754
98 996
62 429
76 724
Living cost
37 047
37 047
37 047
37 047
Free-cash
46 707
61 949
25 382
39 677

Estimated living cost  is ₽37047 per week

₽23863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81312
₽74299
₽62661
₽58396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
accident
-
-
-
848
income
-
-
-
49 393
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
77 645
Employee
50 577
-
146 976
-
other
50
-
94
-
income
10 671
-
45 905
-
pensions
2 377
-
4 427
-
unemployment
785
-
1 460
-
total
13 883
-
51 886
-
Employer
50 577
-
146 976
-
accident
1 001
-
1 865
-
other
403
-
754
-
unemployment
2 782
-
5 179
-
pensions
11 935
-
22 226
-
total
16 121
-
30 024
-
Corporate
110 301
177 000
-
-
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.

16 546
26 551
-
-
total
16 546
26 551
-
-
Dividends
93 756
150 449
-
-
withholding
19 457
32 443
-
-
total
19 457
32 443
-
-
Income
177 000
177 000
177 000
177 000
Total tax
66 007
58 994
81 910
77 645
After tax
110 993
118 006
95 090
99 355
Living cost
36 694
36 694
36 694
36 694
Free-cash
74 299
81 312
58 396
62 661

Estimated living cost  is ₽36694 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48448
₽35568
₽32513
₽39570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
accident
-
-
-
1 492
income
-
-
-
28 849
pensions
-
-
-
26 530
health
-
-
-
12 437
surtax
-
-
-
8 775
communal
-
-
-
11 187
total
-
-
-
89 270
Employee
76 946
-
158 106
-
health
3 424
-
7 036
-
surtax
4 716
-
9 689
-
income
7 432
-
33 945
-
pensions
6 155
-
12 649
-
total
21 727
-
63 319
-
Employer
76 946
-
158 106
-
accident
692
-
1 423
-
pensions
6 155
-
12 649
-
health
2 347
-
4 822
-
total
9 194
-
18 894
-
Corporate
90 861
177 000
-
-
surtax
954
1 859
-
-
communal
6 134
11 947
-
-
income
13 628
26 551
-
-
total
20 716
40 357
-
-
Dividends
70 145
136 643
-
-
income
24 056
12 482
-
-
withholding
10 522
20 496
-
-
total
34 578
32 978
-
-
Income
177 000
177 000
177 000
177 000
Total tax
86 215
73 335
82 213
89 270
After tax
90 785
103 665
94 787
87 730
Living cost
55 217
55 217
55 217
55 217
Free-cash
35 568
48 448
39 570
32 513

Estimated living cost  is ₽55217 per week

₽41421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88512
₽85280
₽60963
₽54752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
income
-
-
-
48 740
pensions
-
-
-
27 122
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
7 495
total
-
-
-
93 215
Employee
34 217
-
148 455
-
other
-
-
-
-
health
873
-
3 457
-
surtax
121
-
6 278
-
income
5 736
-
42 663
-
pensions
2 283
-
9 045
-
unemployment
2 381
-
9 438
-
total
11 394
-
70 881
-
Employer
34 217
-
148 455
-
other
-
-
-
-
unemployment
1 086
-
4 298
-
pensions
4 562
-
18 077
-
health
1 556
-
6 170
-
total
7 204
-
28 545
-
Corporate
135 579
177 000
-
-
income
35 251
46 020
-
-
total
35 251
46 020
-
-
Dividends
100 328
130 980
-
-
withholding
15 049
19 646
-
-
total
15 049
19 646
-
-
Income
177 000
177 000
177 000
177 000
Total tax
68 898
65 666
99 426
93 215
After tax
108 102
111 334
77 574
83 785
Living cost
22 822
22 822
22 822
22 822
Free-cash
85 280
88 512
54 752
60 963

Estimated living cost  is ₽22822 per week

₽13779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽65665
₽63408
₽56755
₽48800
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
municipal
-
-
-
1 051
regional
-
-
-
2 670
national
-
-
-
43 629
social contributions
-
-
-
45 524
total
-
-
-
92 874
Employee
56 363
-
177 000
-
social contributions
19 006
-
59 685
-
regional
759
-
2 382
-
municipal
299
-
939
-
national
8 929
-
37 823
-
total
28 993
-
100 829
-
Employer
56 363
-
177 000
-
total
-
-
-
-
Corporate
120 637
177 000
-
-
nationa
28 953
42 480
-
-
municipal
5 997
8 796
-
-
total
34 950
51 276
-
-
Dividends
85 687
125 724
-
-
withholding
22 278
32 688
-
-
total
22 278
32 688
-
-
Income
177 000
177 000
177 000
177 000
Total tax
86 221
83 964
100 829
92 874
After tax
90 779
93 036
76 171
84 126
Living cost
27 371
27 371
27 371
27 371
Free-cash
63 408
65 665
48 800
56 755

Estimated living cost  is ₽27371 per week

₽17022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91954
₽81283
₽70539
₽62703
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
income
-
-
-
17 726
health
-
-
-
23 895
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 929
total
-
-
-
76 550
Employee
43 987
-
134 950
-
social contributions
2 859
-
7 775
-
health
5 938
-
18 218
-
solidarity contribution
-
-
-
-
income
5 278
-
16 343
-
total
14 075
-
42 336
-
Employer
43 987
-
134 950
-
social contributions
10 997
-
29 905
-
health
3 959
-
12 145
-
total
14 956
-
42 050
-
Corporate
118 057
177 000
-
-
income
22 431
33 630
-
-
total
22 431
33 630
-
-
Dividends
95 626
143 370
-
-
withholding
14 344
21 505
-
-
total
14 344
21 505
-
-
Income
177 000
177 000
177 000
177 000
Total tax
65 806
55 135
84 386
76 550
After tax
111 194
121 865
92 614
100 450
Living cost
29 911
29 911
29 911
29 911
Free-cash
81 283
91 954
62 703
70 539

Estimated living cost  is ₽29911 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽65645
₽65145
₽58623
₽14581
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
chamber of commerce
-
-
-
708
income
-
-
-
47 981
pensions
-
-
-
21 960
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
-
total
-
-
-
85 961
Employee
44 415
40 492
141 196
-
other
443
405
1 188
-
health
1 718
1 568
4 593
-
income
3 957
2 987
38 367
-
pensions
4 549
4 146
12 155
-
unemployment
1 332
1 215
3 561
-
total
11 999
10 321
59 864
-
Employer
44 415
40 492
141 196
-
accident
577
526
1 543
-
other
2 109
1 922
6 515
-
chamber of commerce
177
162
565
-
unemployment
1 332
1 215
3 561
-
surtax
-
-
-
-
pensions
5 574
5 083
14 897
-
payroll
1 332
1 215
4 236
-
health
1 679
1 531
4 487
-
total
12 780
11 654
35 804
-
Corporate
119 803
124 855
137 339
-
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.

29 950
31 213
34 335
-
total
29 950
31 213
34 335
-
Dividends
89 853
93 641
-
-
withholding
24 710
25 751
-
-
total
24 710
25 751
-
-
Income
177 000
177 000
177 000
177 000
Total tax
79 439
78 939
130 003
85 961
After tax
97 561
98 061
46 997
91 039
Living cost
32 416
32 416
32 416
32 416
Free-cash
65 145
65 645
14 581
58 623

Estimated living cost  is ₽32416 per week

₽19446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153717
₽151011
₽160797
₽127167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
177 000
microenterprise

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

-
-
-
1 770
total
-
-
-
1 770
Employee
18 041
-
177 000
-
income
3 608
-
35 400
-
total
3 608
-
35 400
-
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%.

158 959
177 000
-
-
total
-
-
-
-
Dividends
158 959
177 000
-
-
withholding
7 948
8 850
-
-
total
7 948
8 850
-
-
Income
177 000
177 000
177 000
177 000
Total tax
11 556
8 850
35 400
1 770
After tax
165 444
168 150
141 600
175 230
Living cost
14 433
14 433
14 433
14 433
Free-cash
151 011
153 717
127 167
160 797

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
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.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94613
₽86111
₽59295
₽54608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
177 000
income
-
-
-
40 445
pensions
-
-
-
32 324
unemployment
-
-
-
266
health
-
-
-
17 417
total
-
-
-
90 452
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.

44 931
-
153 152
-
health
2 902
-
9 893
-
income
7 748
-
37 448
-
pensions
6 965
-
23 738
-
unemployment
64
-
214
-
total
17 679
-
71 293
-
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.

44 931
-
153 152
-
unemployment
27
-
93
-
pensions
3 976
-
13 553
-
health
2 993
-
10 200
-
total
6 996
-
23 846
-
Corporate
125 074
177 000
-
-
income
23 765
33 629
-
-
total
23 765
33 629
-
-
Dividends
101 309
143 371
-
-
withholding
15 196
21 505
-
-
total
15 196
21 505
-
-
Income
177 000
177 000
177 000
177 000
Total tax
63 636
55 134
95 139
90 452
After tax
113 364
121 866
81 861
86 548
Living cost
27 253
27 253
27 253
27 253
Free-cash
86 111
94 613
54 608
59 295

Estimated living cost  is ₽27253 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63794
₽15407
₽78428
₽119725
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
income
-
-
-
34 501
social contributions
-
-
-
20 178
total
-
-
-
54 679
Employee
62 937
-
-
-
social contributions
5 161
-
735
-
income
13 883
-
-
-
total
19 044
-
735
-
Employer
62 937
-
-
-
social contributions
88 740
-
12 647
-
total
88 740
-
12 647
-
Corporate
25 323
177 000
-
-
income
5 571
38 940
-
-
total
5 571
38 940
-
-
Dividends
19 752
138 060
-
-
income
4 345
30 373
-
-
total
4 345
30 373
-
-
Income
177 000
177 000
177 000
177 000
Total tax
117 700
69 313
13 382
54 679
After tax
59 300
107 687
163 618
122 321
Living cost
43 893
43 893
43 893
43 893
Free-cash
15 407
63 794
119 725
78 428

Estimated living cost  is ₽43893 per week

₽28480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68807
₽67783
₽63047
₽49629
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
177 000
income
-
-
-
20 575
surtax
-
-
-
-
social contributions

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

-
-
-
61 507
total
-
-
-
82 082
Employee
46 731
-
143 029
-
social contributions
5 141
-
15 734
-
surtax
-
-
-
-
income
9 720
-
45 797
-
total
14 861
-
61 531
-
Employer
46 731
-
143 029
-
social contributions
11 099
-
33 969
-
total
11 099
-
33 969
-
Corporate
119 170
177 000
-
-
surtax
-
-
-
-
income
25 026
37 169
-
-
total
25 026
37 169
-
-
Dividends
94 145
139 831
-
-
withholding
26 360
39 153
-
-
total
26 360
39 153
-
-
Income
177 000
177 000
177 000
177 000
Total tax
77 346
76 322
95 500
82 082
After tax
99 654
100 678
81 500
94 918
Living cost
31 871
31 871
31 871
31 871
Free-cash
67 783
68 807
49 629
63 047

Estimated living cost  is ₽31871 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40135
₽47117
₽50702
₽48397
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
income
-
-
-
27 520
pensions
-
-
-
31 750
other
-
-
-
5 488
health
-
-
-
7 422
surtax
-
-
-
-
social contributions
-
-
-
5 044
total
-
-
-
77 224
Employee
63 638
-
137 262
-
social contributions
1 812
-
3 912
-
surtax
-
-
-
-
income
5 553
-
26 450
-
pensions
7 198
-
9 429
-
total
14 563
-
39 791
-
Employer
63 638
-
137 262
-
other
2 196
-
5 305
-
social contributions
191
-
413
-
unemployment
2 578
-
5 559
-
pensions
10 456
-
15 896
-
health
4 454
-
12 565
-
total
19 875
-
39 738
-
Corporate
93 486
177 000
-
-
surtax
-
-
-
-
income
26 177
49 560
-
-
total
26 177
49 560
-
-
Dividends
67 310
127 440
-
-
surtax
-
-
-
-
social contributions
11 579
21 919
-
-
withholding
8 615
16 312
-
-
total
20 194
38 231
-
-
Income
177 000
177 000
177 000
177 000
Total tax
80 809
87 791
79 529
77 224
After tax
96 191
89 209
97 471
99 776
Living cost
49 074
49 074
49 074
49 074
Free-cash
47 117
40 135
48 397
50 702

Estimated living cost  is ₽49074 per week

₽33213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128757
₽125345
₽99881
₽104586
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
income
-
-
-
7 636
social contributions
-
-
-
38 941
total
-
-
-
46 577
Employee
32 665
-
153 247
-
income
-
-
8 158
-
social contributions
2 123
-
9 961
-
total
2 123
-
18 119
-
Employer
32 665
-
153 247
-
social contributions
5 063
-
23 753
-
total
5 063
-
23 753
-
Corporate
139 271
177 000
-
-
income
13 927
17 701
-
-
total
13 927
17 701
-
-
Dividends
125 344
159 299
-
-
total
-
-
-
-
Income
177 000
177 000
177 000
177 000
Total tax
21 113
17 701
41 872
46 577
After tax
155 887
159 299
135 128
130 423
Living cost
30 542
30 542
30 542
30 542
Free-cash
125 345
128 757
104 586
99 881

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽44352
-₽44352
₽55575
-₽44352
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
municipal
-
-
-
36 812
pensions
-
-
-
881
national
-
-
-
20 714
labour market
-
-
-
14 090
total
-
-
-
72 497
Employee
206 514
206 514
206 514
-
labour market
16 498
16 498
16 498
-
national
25 229
25 229
25 229
-
municipal
43 976
43 976
43 976
-
pensions
294
294
294
-
total
85 997
85 997
85 997
-
Employer
206 514
206 514
206 514
-
labour market
16 521
16 521
16 521
-
municipal
44 046
44 046
44 046
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 427
86 427
86 427
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
177 000
177 000
177 000
177 000
Total tax
172 424
172 424
172 424
72 497
After tax
4 576
4 576
4 576
104 503
Living cost
48 928
48 928
48 928
48 928
Free-cash
-44 352
-44 352
-44 352
55 575

Estimated living cost  is ₽48928 per week

₽33487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7525
₽10983
₽99137
₽74258
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
accident
-
-
-
255
income
-
-
-
48 975
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
56 001
Employee
34 391
-
159 324
-
health
3 938
-
18 242
-
income
4 718
-
37 267
-
pensions
3 873
-
7 695
-
total
12 529
-
63 204
-
Employer
34 391
-
159 324
-
accident
574
-
2 661
-
unemployment
843
-
3 903
-
pensions
5 592
-
11 112
-
total
7 009
-
17 676
-
Corporate
135 600
177 000
-
-
income

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

122 040
159 300
-
-
total
122 040
159 300
-
-
Dividends
13 560
17 700
-
-
withholding
2 577
3 363
-
-
total
2 577
3 363
-
-
Income
177 000
177 000
177 000
177 000
Total tax
144 155
162 663
80 880
56 001
After tax
32 845
14 337
96 120
120 999
Living cost
21 862
21 862
21 862
21 862
Free-cash
10 983
-7 525
74 258
99 137

Estimated living cost  is ₽21862 per week

₽15913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72027
₽74531
₽75440
₽53970
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
177 000
municipal
-
-
-
31 447
health
-
-
-
2 302
national
-
-
-
28 802
total
-
-
-
62 551
Employee
53 457
-
148 901
-
health
399
-
1 868
-
municipal
8 756
-
24 254
-
pensions
3 608
-
10 052
-
unemployment
802
-
2 233
-
national
883
-
17 517
-
total
14 448
-
55 924
-
Employer
53 457
-
148 901
-
accident
54
-
148
-
unemployment
347
-
968
-
pensions
9 275
-
25 834
-
health
411
-
1 147
-
total
10 087
-
28 097
-
Corporate
113 457
177 000
-
-
income
22 691
35 399
-
-
total
22 691
35 399
-
-
Dividends

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

68 074
106 201
-
-
national
3 980
11 449
-
-
municipal
12 254
19 116
-
-
total
16 234
30 565
-
-
Income
177 000
177 000
177 000
177 000
Total tax
63 460
65 964
84 021
62 551
After tax
113 540
111 036
92 979
114 449
Living cost
39 009
39 009
39 009
39 009
Free-cash
74 531
72 027
53 970
75 440

Estimated living cost  is ₽39009 per week

₽25481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105604
₽100077
₽97554
₽95993
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
income
-
-
-
34 967
health
-
-
-
4 514
social contributions
-
-
-
16 440
total
-
-
-
55 921
Employee
78 130
78 130
165 198
-
social contributions
2 954
6 484
8 746
-
health
605
1 329
2 807
-
income
8 507
7 233
34 127
-
total
12 066
15 046
45 680
-
Employer
78 130
78 130
165 198
-
social contributions
2 954
6 484
8 746
-
health
658
1 446
3 056
-
total
3 612
7 930
11 802
-
Corporate
137 797
90 939
-
-
income
17 224
11 367
-
-
total
17 224
11 367
-
-
Dividends
120 573
79 572
-
-
withholding
20 496
13 528
-
-
total
20 496
13 528
-
-
Income
177 000
177 000
177 000
177 000
Total tax
53 398
47 871
57 482
55 921
After tax
123 602
129 129
119 518
121 079
Living cost
23 525
23 525
23 525
23 525
Free-cash
100 077
105 604
95 993
97 554

Estimated living cost  is ₽23525 per week

₽14099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130441
₽125271
₽132707
₽112326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
177 000
income
-
-
-
17 992
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
28 161
Employee

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

23 322
-
167 070
-
health
1 982
-
8 195
-
income
1 595
-
15 474
-
pensions
3 498
-
14 461
-
unemployment
116
-
482
-
total
7 191
-
38 612
-
Employer

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

23 322
-
167 070
-
unemployment
116
-
482
-
pensions
1 282
-
5 302
-
health
1 003
-
4 146
-
total
2 401
-
9 930
-
Corporate
151 277
177 000
-
-
income
13 615
15 931
-
-
total
13 615
15 931
-
-
Dividends
137 662
161 069
-
-
withholding
12 390
14 496
-
-
total
12 390
14 496
-
-
Income
177 000
177 000
177 000
177 000
Total tax
35 597
30 427
48 542
28 161
After tax
141 403
146 573
128 458
148 839
Living cost
16 132
16 132
16 132
16 132
Free-cash
125 271
130 441
112 326
132 707

Estimated living cost  is ₽16132 per week

₽10293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
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.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90065
₽85577
₽71414
₽67149
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
accident
-
-
-
848
income
-
-
-
49 393
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
77 645
Employee
37 570
-
146 976
-
other
37
-
94
-
income
7 243
-
45 905
-
pensions
1 766
-
4 427
-
unemployment
582
-
1 460
-
total
9 628
-
51 886
-
Employer
37 570
-
146 976
-
accident
744
-
1 865
-
other
301
-
754
-
unemployment
2 067
-
5 179
-
pensions
8 866
-
22 226
-
total
11 978
-
30 024
-
Corporate
127 452
177 000
-
-
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.

19 118
26 551
-
-
total
19 118
26 551
-
-
Dividends
108 335
150 449
-
-
withholding
22 758
32 443
-
-
total
22 758
32 443
-
-
Income
177 000
177 000
177 000
177 000
Total tax
63 482
58 994
81 910
77 645
After tax
113 518
118 006
95 090
99 355
Living cost
27 941
27 941
27 941
27 941
Free-cash
85 577
90 065
67 149
71 414

Estimated living cost  is ₽27941 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
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.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107667
₽107211
₽110635
₽110438
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
income
-
-
-
60 084
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
63 584
Employee
4 236
-
174 718
-
health
212
-
507
-
income
820
-
59 977
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
61 498
-
Employer
4 236
-
174 718
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
171 810
177 000
-
-
income
37 798
38 940
-
-
total
37 798
38 940
-
-
Dividends
134 012
138 060
-
-
withholding
26 802
27 612
-
-
total
26 802
27 612
-
-
Income
177 000
177 000
177 000
177 000
Total tax
67 008
66 552
63 781
63 584
After tax
109 992
110 448
113 219
113 416
Living cost
2 781
2 781
2 781
2 781
Free-cash
107 211
107 667
110 438
110 635

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110324
₽105327
₽91071
₽91070
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
177 000
income
-
-
-
40 009
pensions
-
-
-
19 509
unemployment
-
-
-
1 125
health
-
-
-
7 728
total
-
-
-
68 371
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.

26 477
-
163 569
-
health
1 364
-
3 864
-
income
3 650
-
40 009
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
54 941
-
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.

26 477
-
163 569
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
145 784
177 000
-
-
income
21 868
26 550
-
-
total
21 868
26 550
-
-
Dividends
123 916
150 450
-
-
withholding
18 587
22 568
-
-
total
18 587
22 568
-
-
Income
177 000
177 000
177 000
177 000
Total tax
54 115
49 118
68 372
68 371
After tax
122 885
127 882
108 628
108 629
Living cost
17 558
17 558
17 558
17 558
Free-cash
105 327
110 324
91 070
91 071

Estimated living cost  is ₽17558 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73286
₽72921
₽67526
₽54108
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
177 000
income
-
-
-
20 575
surtax
-
-
-
-
social contributions

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

-
-
-
61 507
total
-
-
-
82 082
Employee
39 436
-
143 029
-
social contributions
4 338
-
15 734
-
surtax
-
-
-
-
income
7 705
-
45 797
-
total
12 043
-
61 531
-
Employer
39 436
-
143 029
-
social contributions
9 365
-
33 969
-
total
9 365
-
33 969
-
Corporate
128 199
177 000
-
-
surtax
-
-
-
-
income
26 921
37 169
-
-
total
26 921
37 169
-
-
Dividends
101 278
139 831
-
-
withholding
28 358
39 153
-
-
total
28 358
39 153
-
-
Income
177 000
177 000
177 000
177 000
Total tax
76 687
76 322
95 500
82 082
After tax
100 313
100 678
81 500
94 918
Living cost
27 392
27 392
27 392
27 392
Free-cash
72 921
73 286
54 108
67 526

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82297
₽75628
₽63646
₽59381
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
accident
-
-
-
848
income
-
-
-
49 393
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
77 645
Employee
49 071
-
146 976
-
other
48
-
94
-
income
10 249
-
45 905
-
pensions
2 306
-
4 427
-
unemployment
760
-
1 460
-
total
13 363
-
51 886
-
Employer
49 071
-
146 976
-
accident
972
-
1 865
-
other
393
-
754
-
unemployment
2 699
-
5 179
-
pensions
11 581
-
22 226
-
total
15 645
-
30 024
-
Corporate
112 284
177 000
-
-
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.

16 843
26 551
-
-
total
16 843
26 551
-
-
Dividends
95 441
150 449
-
-
withholding
19 812
32 443
-
-
total
19 812
32 443
-
-
Income
177 000
177 000
177 000
177 000
Total tax
65 663
58 994
81 910
77 645
After tax
111 337
118 006
95 090
99 355
Living cost
35 709
35 709
35 709
35 709
Free-cash
75 628
82 297
59 381
63 646

Estimated living cost  is ₽35709 per week

₽25645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
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.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133856
₽127664
₽123494
₽130415
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
income
-
-
-
26 550
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
36 027
Employee
23 145
-
170 037
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
17 004
-
pensions

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

2 032
-
3 116
-
total
5 666
-
22 143
-
Employer
23 145
-
170 037
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
149 314
177 000
-
-
income
14 931
17 700
-
-
total
14 931
17 700
-
-
Dividends
134 383
159 300
-
-
withholding
6 719
7 965
-
-
total
6 719
7 965
-
-
Income
177 000
177 000
177 000
177 000
Total tax
31 857
25 665
29 106
36 027
After tax
145 143
151 335
147 894
140 973
Living cost
17 479
17 479
17 479
17 479
Free-cash
127 664
133 856
130 415
123 494

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51868
₽65164
₽54722
₽73342
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
177 000
trade
-
-
-
18 620
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.

-
-
-
54 494
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.

-
-
-
6 941
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.

-
-
-
2 996
total
-
-
-
83 051
Employee

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

50 555
-
177 000
-
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.

6 941
-
6 941
-
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.

229
-
2 996
-
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.

4 157
-
54 494
-
total
11 327
-
64 431
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
126 445
177 000
-
-
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.

1 043
1 460
-
-
income
18 967
26 551
-
-
trade
18 144
25 400
-
-
chamber of commerce
339
415
-
-
total
38 493
53 826
-
-
Dividends
87 951
123 175
-
-
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.

1 188
1 672
-
-
withholding
21 601
30 407
-
-
total
22 789
32 079
-
-
Income
177 000
177 000
177 000
177 000
Total tax
72 609
85 905
64 431
83 051
After tax
104 391
91 095
112 569
93 949
Living cost
39 227
39 227
39 227
39 227
Free-cash
65 164
51 868
73 342
54 722

Estimated living cost  is ₽39227 per week

₽27060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66021
₽68265
₽35630
₽35630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
income
-
-
-
54 006
social contributions
-
-
-
29 485
total
-
-
-
83 491
Employee
79 479
-
177 000
-
income
14 997
-
54 006
-
social contributions
6 603
-
29 485
-
total
21 600
-
83 491
-
Employer
79 479
-
177 000
-
total
-
-
-
-
Corporate
97 521
177 000
-
-
income
12 190
22 126
-
-
total
12 190
22 126
-
-
Dividends
85 331
154 874
-
-
withholding
17 066
30 974
-
-
total
17 066
30 974
-
-
Income
177 000
177 000
177 000
177 000
Total tax
50 856
53 100
83 491
83 491
After tax
126 144
123 900
93 509
93 509
Living cost
57 879
57 879
57 879
57 879
Free-cash
68 265
66 021
35 630
35 630

Estimated living cost  is ₽57879 per week

₽44034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72799
₽76350
₽104382
₽89088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
177 000
income
-
-
-
28 923
health

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

-
-
-
6 812
total
-
-
-
35 735
Employee
46 611
-
172 326
-
income
5 058
-
41 681
-
social contributions
4 670
-
4 674
-
total
9 728
-
46 355
-
Employer
46 611
-
172 326
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
125 719
177 000
-
-
income
44 001
61 950
-
-
total
44 001
61 950
-
-
Dividends
81 718
115 050
-
-
social contributions
5 368
5 368
-
-
total
5 368
5 368
-
-
Income
177 000
177 000
177 000
177 000
Total tax
63 767
67 318
51 029
35 735
After tax
113 233
109 682
125 971
141 265
Living cost
36 883
36 883
36 883
36 883
Free-cash
76 350
72 799
89 088
104 382

Estimated living cost  is ₽36883 per week

₽24295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78213
₽84270
₽79622
₽63583
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
income
-
-
-
50 253
pensions
-
-
-
9 138
total
-
-
-
59 391
Employee
52 143
-
154 648
-
health
680
-
2 255
-
income
9 496
-
39 559
-
pensions
3 980
-
11 264
-
total
14 156
-
53 078
-
Employer
52 143
-
154 648
-
pensions
5 268
-
19 413
-
health
991
-
2 939
-
total
6 259
-
22 352
-
Corporate
118 598
177 000
-
-
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.

22 534
33 629
-
-
total
22 534
33 629
-
-
Dividends
96 064
143 371
-
-
withholding
11 794
27 171
-
-
total
11 794
27 171
-
-
Income
177 000
177 000
177 000
177 000
Total tax
54 743
60 800
75 430
59 391
After tax
122 257
116 200
101 570
117 609
Living cost
37 987
37 987
37 987
37 987
Free-cash
84 270
78 213
63 583
79 622

Estimated living cost  is ₽37987 per week

₽26059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3493
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.
₽7957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9690
₽10653
₽96972
₽72093
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
accident
-
-
-
255
income
-
-
-
48 975
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
56 001
Employee
37 795
-
159 324
-
health
4 327
-
18 242
-
income
5 185
-
37 267
-
pensions
4 256
-
7 695
-
total
13 768
-
63 204
-
Employer
37 795
-
159 324
-
accident
631
-
2 661
-
unemployment
926
-
3 903
-
pensions
6 145
-
11 112
-
total
7 702
-
17 676
-
Corporate
131 503
177 000
-
-
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.

118 352
159 300
-
-
total
118 352
159 300
-
-
Dividends
13 150
17 700
-
-
withholding
2 498
3 363
-
-
total
2 498
3 363
-
-
Income
177 000
177 000
177 000
177 000
Total tax
142 320
162 663
80 880
56 001
After tax
34 680
14 337
96 120
120 999
Living cost
24 027
24 027
24 027
24 027
Free-cash
10 653
-9 690
72 093
96 972

Estimated living cost  is ₽24027 per week

₽17633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
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.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135250
₽130506
₽89558
₽111852
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
177 000
work injury
-
-
-
811
health insurance
-
-
-
11 998
income
-
-
-
29 159
pensions
-
-
-
29 833
unemployment
-
-
-
1 946
total
-
-
-
73 747
Employee

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

21 911
-
177 000
-
work injury
110
-
405
-
income
2 191
-
29 159
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
51 453
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
155 089
177 000
-
-
income

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

1 551
1 770
-
-
total
1 551
1 770
-
-
Dividends
153 538
175 230
-
-
withholding
23 031
26 285
-
-
total
23 031
26 285
-
-
Income
177 000
177 000
177 000
177 000
Total tax
32 799
28 055
51 453
73 747
After tax
144 201
148 945
125 547
103 253
Living cost
13 695
13 695
13 695
13 695
Free-cash
130 506
135 250
111 852
89 558

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52752
₽48131
₽42133
₽34362
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 000
municipal
-
-
-
1 184
regional
-
-
-
4 052
national
-
-
-
43 629
social contributions
-
-
-
45 524
total
-
-
-
94 389
Employee
85 620
-
177 000
-
social contributions
28 871
-
59 685
-
regional
1 293
-
3 595
-
municipal
511
-
1 057
-
national
14 469
-
37 823
-
total
45 144
-
102 160
-
Employer
85 620
-
177 000
-
total
-
-
-
-
Corporate
91 380
177 000
-
-
nationa
21 931
42 480
-
-
municipal
4 404
8 532
-
-
total
26 335
51 012
-
-
Dividends
65 045
125 988
-
-
withholding
16 912
32 758
-
-
total
16 912
32 758
-
-
Income
177 000
177 000
177 000
177 000
Total tax
88 391
83 770
102 160
94 389
After tax
88 609
93 230
74 840
82 611
Living cost
40 478
40 478
40 478
40 478
Free-cash
48 131
52 752
34 362
42 133

Estimated living cost  is ₽40478 per week

₽28433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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