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
₽ 177500
per

Your estimated
City
free-cash

Dresden , Germany
₽58956
₽70123
₽61620
₽82186
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
177 500
trade
-
-
-
20 566
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.

-
-
-
54 837
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 016
total
-
-
-
85 313
Employee

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

38 599
-
177 500
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
3 016
-
income

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

1 078
-
54 837
-
total
8 031
-
64 747
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
138 901
177 500
-
-
surtax

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

1 145
1 465
-
-
income
20 835
26 626
-
-
trade
21 876
27 957
-
-
chamber of commerce
352
408
-
-
total
44 208
56 456
-
-
Dividends
94 692
121 044
-
-
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.

1 281
1 643
-
-
withholding
23 290
29 878
-
-
total
24 571
31 521
-
-
Income
177 500
177 500
177 500
177 500
Total tax
76 810
87 977
64 747
85 313
After tax
100 690
89 523
112 753
92 187
Living cost
30 567
30 567
30 567
30 567
Free-cash
70 123
58 956
82 186
61 620

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₽59766
₽58918
₽53658
₽54610
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
municipal
-
-
-
19 447
pensions
-
-
-
21 300
national
-
-
-
30 193
social contributions
-
-
-
1 908
total
-
-
-
72 848
Employee
79 050
-
153 447
-
municipal
9 764
-
20 134
-
pensions
3 162
-
6 138
-
national
15 130
-
31 698
-
total
28 056
-
57 970
-
Employer
79 050
-
153 447
-
social contributions
850
-
1 650
-
pensions
6 324
-
12 276
-
total
7 174
-
13 926
-
Corporate
86 059
177 500
-
-
income

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

17 212
35 500
-
-
total
17 212
35 500
-
-
Dividends
68 847
142 000
-
-
withholding
15 146
31 240
-
-
total
15 146
31 240
-
-
Income
177 500
177 500
177 500
177 500
Total tax
67 588
66 740
71 896
72 848
After tax
109 912
110 760
105 604
104 652
Living cost
50 994
50 994
50 994
50 994
Free-cash
58 918
59 766
54 610
53 658

Estimated living cost  is ₽50994 per week

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

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₽121005
₽112728
₽40235
₽53571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
177 500
microenterprise
-
-
-
-
income
-
-
-
32 342
surtax
-
-
-
45 262
social contributions

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

-
-
-
38 666
total
-
-
-
116 270
Employee
29 489
-
133 807
-
social contributions

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

3 244
-
13 230
-
surtax
-
-
19 402
-
income
5 249
-
26 608
-
total
8 493
-
59 240
-
Employer
29 489
-
133 807
-
social contributions

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

7 103
-
28 974
-
surtax
-
-
14 720
-
total
7 103
-
43 694
-
Corporate
140 908
177 500
-
-
income

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

28 181
35 500
-
-
total
28 181
35 500
-
-
Dividends

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

112 727
142 000
-
-
total
-
-
-
-
Income
177 500
177 500
177 500
177 500
Total tax
43 777
35 500
102 934
116 270
After tax
133 723
142 000
74 566
61 230
Living cost
20 995
20 995
20 995
20 995
Free-cash
112 728
121 005
53 571
40 235

Estimated living cost  is ₽20995 per week

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

Source of data for Riga model

Close
Rotterdam , Netherlands
₽45600
₽39418
₽55738
₽68592
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
income
-
-
-
55 218
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
79 486
Employee
86 180
86 180
158 745
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
23 609
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
47 877
-
Employer
86 180
86 180
158 745
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 456
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 755
-
Corporate
77 286
76 229
-
-
income
15 457
15 246
-
-
total
15 457
15 246
-
-
Dividends
61 829
60 983
-
-
income
13 138
12 960
-
-
withholding
9 275
9 147
-
-
total
22 413
22 107
-
-
Income
177 500
177 500
177 500
177 500
Total tax
95 806
89 624
66 632
79 486
After tax
81 694
87 876
110 868
98 014
Living cost
42 276
42 276
42 276
42 276
Free-cash
39 418
45 600
68 592
55 738

Estimated living cost  is ₽42276 per week

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

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽57923
₽57048
₽51822
₽50875
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
municipal
-
-
-
45 548
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
16 381
total
-
-
-
86 686
Employee
55 560
-
150 650
-
municipal
16 568
-
44 924
-
national
-
-
15 858
-
total
16 568
-
60 782
-
Employer
55 560
-
150 650
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 238
-
health
3 417
-
5 256
-
total
17 457
-
26 851
-
Corporate
104 483
177 500
-
-
income
22 986
39 050
-
-
total
22 986
39 050
-
-
Dividends
81 497
138 450
-
-
withholding
24 449
41 535
-
-
total
24 449
41 535
-
-
Income
177 500
177 500
177 500
177 500
Total tax
81 460
80 585
87 633
86 686
After tax
96 040
96 915
89 867
90 814
Living cost
38 992
38 992
38 992
38 992
Free-cash
57 048
57 923
50 875
51 822

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽48967
₽63147
₽51628
₽73108
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
177 500
trade
-
-
-
21 480
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.

-
-
-
54 837
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 016
total
-
-
-
86 227
Employee

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

51 178
-
177 500
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
3 016
-
income

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

4 397
-
54 837
-
total
11 532
-
64 747
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
126 322
177 500
-
-
surtax

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

1 042
1 465
-
-
income
18 948
26 626
-
-
trade
20 781
29 198
-
-
chamber of commerce
333
406
-
-
total
41 104
57 695
-
-
Dividends
85 218
119 805
-
-
surtax

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

1 151
1 626
-
-
withholding
20 921
29 567
-
-
total
22 072
31 193
-
-
Income
177 500
177 500
177 500
177 500
Total tax
74 708
88 888
64 747
86 227
After tax
102 792
88 612
112 753
91 273
Living cost
39 645
39 645
39 645
39 645
Free-cash
63 147
48 967
73 108
51 628

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96754
₽92569
₽88603
₽87040
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
income
-
-
-
35 311
health
-
-
-
4 525
social contributions
-
-
-
16 328
total
-
-
-
56 164
Employee
77 601
77 601
165 747
-
social contributions
3 771
6 441
8 687
-
health
772
1 320
2 817
-
income
8 149
7 184
34 470
-
total
12 692
14 945
45 974
-
Employer
77 601
77 601
165 747
-
social contributions
3 771
6 441
8 687
-
health
841
1 436
3 066
-
total
4 612
7 877
11 753
-
Corporate
127 464
92 022
-
-
income
15 934
11 502
-
-
total
15 934
11 502
-
-
Dividends
111 530
80 520
-
-
withholding
18 960
13 689
-
-
total
18 960
13 689
-
-
Income
177 500
177 500
177 500
177 500
Total tax
52 198
48 013
57 727
56 164
After tax
125 302
129 487
119 773
121 336
Living cost
32 733
32 733
32 733
32 733
Free-cash
92 569
96 754
87 040
88 603

Estimated living cost  is ₽32733 per week

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

Source of data for Limassol model

Close
Budapest , Hungary
₽81376
₽81757
₽104628
₽84563
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
income
-
-
-
21 699
pensions
-
-
-
17 750
unemployment
-
-
-
2 662
health
-
-
-
12 425
total
-
-
-
54 536
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.

26 469
10 534
148 536
-
health
1 853
737
10 397
-
income
3 236
1 288
18 158
-
pensions
2 647
1 053
14 854
-
unemployment
397
158
2 228
-
total
8 133
3 236
45 637
-
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.

26 469
10 534
148 536
-
pensions
5 161
2 054
28 964
-
total
5 161
2 054
28 964
-
Corporate
145 870
164 912
-
-
income
13 128
14 842
-
-
total
13 128
14 842
-
-
Dividends
132 742
150 070
-
-
social contributions
25 764
29 143
-
-
withholding
25 221
28 513
-
-
total
50 985
57 656
-
-
Income
177 500
177 500
177 500
177 500
Total tax
77 407
77 788
74 601
54 536
After tax
100 093
99 712
102 899
122 964
Living cost
18 336
18 336
18 336
18 336
Free-cash
81 757
81 376
84 563
104 628

Estimated living cost  is ₽18336 per week

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

Source of data for Budapest model

Close
Tallinn , Estonia
₽117625
₽111356
₽70765
₽77934
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
income
-
-
-
23 786
pensions
-
-
-
35 499
health
-
-
-
23 075
total
-
-
-
82 360
Employee
28 629
-
132 661
-
income
3 223
-
25 578
-
pensions
573
-
2 652
-
unemployment
458
-
2 122
-
total
4 254
-
30 352
-
Employer
28 629
-
132 661
-
unemployment
230
-
1 061
-
pensions
5 726
-
26 532
-
health
3 721
-
17 246
-
total
9 677
-
44 839
-
Corporate
139 194
177 500
-
-
income
27 838
35 500
-
-
total
27 838
35 500
-
-
Dividends
111 356
142 000
-
-
total
-
-
-
-
Income
177 500
177 500
177 500
177 500
Total tax
41 769
35 500
75 191
82 360
After tax
135 731
142 000
102 309
95 140
Living cost
24 375
24 375
24 375
24 375
Free-cash
111 356
117 625
77 934
70 765

Estimated living cost  is ₽24375 per week

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

Source of data for Tallinn model

Close
Gdansk , Poland
-₽7694
₽10992
₽99265
₽74371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
accident
-
-
-
253
income
-
-
-
49 176
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
56 163
Employee
34 721
-
159 861
-
health
3 975
-
18 304
-
income
4 763
-
37 460
-
pensions
3 910
-
7 654
-
total
12 648
-
63 418
-
Employer
34 721
-
159 861
-
accident
580
-
2 669
-
unemployment
851
-
3 917
-
pensions
5 646
-
11 053
-
total
7 077
-
17 639
-
Corporate
135 703
177 500
-
-
income

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

122 133
159 750
-
-
total
122 133
159 750
-
-
Dividends
13 570
17 750
-
-
withholding
2 578
3 372
-
-
total
2 578
3 372
-
-
Income
177 500
177 500
177 500
177 500
Total tax
144 436
163 122
81 057
56 163
After tax
33 064
14 378
96 443
121 337
Living cost
22 072
22 072
22 072
22 072
Free-cash
10 992
-7 694
74 371
99 265

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159545
₽157843
₽166645
₽132920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
177 500
microenterprise

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

-
-
-
1 775
total
-
-
-
1 775
Employee
11 349
-
177 500
-
income
2 270
-
35 500
-
total
2 270
-
35 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

166 151
177 500
-
-
total
-
-
-
-
Dividends
166 151
177 500
-
-
withholding
8 307
8 875
-
-
total
8 307
8 875
-
-
Income
177 500
177 500
177 500
177 500
Total tax
10 577
8 875
35 500
1 775
After tax
166 923
168 625
142 000
175 725
Living cost
9 080
9 080
9 080
9 080
Free-cash
157 843
159 545
132 920
166 645

Estimated living cost  is ₽9080 per week

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

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽103518
₽96703
₽72350
₽73717
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
income
-
-
-
27 386
pensions

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

-
-
-
36 831
other
-
-
-
7 289
health
-
-
-
6 753
total
-
-
-
78 259
Employee
36 642
-
141 775
-
health
513
-
1 984
-
income
6 308
-
27 842
-
pensions

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

2 564
-
9 924
-
unemployment
366
-
1 417
-
total
9 751
-
41 167
-
Employer
36 642
-
141 775
-
accident
293
-
1 134
-
other
1 833
-
7 088
-
unemployment
366
-
1 417
-
pensions

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

6 230
-
24 102
-
health
513
-
1 984
-
total
9 235
-
35 725
-
Corporate
131 623
177 500
-
-
income
27 641
37 276
-
-
total
27 641
37 276
-
-
Dividends
103 982
140 224
-
-
withholding
7 279
9 815
-
-
total
7 279
9 815
-
-
Income
177 500
177 500
177 500
177 500
Total tax
53 906
47 091
76 892
78 259
After tax
123 594
130 409
100 608
99 241
Living cost
26 891
26 891
26 891
26 891
Free-cash
96 703
103 518
73 717
72 350

Estimated living cost  is ₽26891 per week

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

Source of data for Bratislava model

Close
London , United Kingdom
₽48558
₽51358
₽50044
₽33972
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
income
-
-
-
50 637
pensions
-
-
-
9 093
total
-
-
-
59 730
Employee
95 822
-
155 064
-
health
1 579
-
2 251
-
income
17 273
-
39 923
-
pensions
9 244
-
11 192
-
total
28 096
-
53 366
-
Employer
95 822
-
155 064
-
pensions
11 314
-
19 490
-
health
1 820
-
2 946
-
total
13 134
-
22 436
-
Corporate
68 544
177 500
-
-
income

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

13 022
33 725
-
-
total
13 022
33 725
-
-
Dividends
55 522
143 775
-
-
withholding
4 164
27 491
-
-
total
4 164
27 491
-
-
Income
177 500
177 500
177 500
177 500
Total tax
58 416
61 216
75 802
59 730
After tax
119 084
116 284
101 698
117 770
Living cost
67 726
67 726
67 726
67 726
Free-cash
51 358
48 558
33 972
50 044

Estimated living cost  is ₽67726 per week

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

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽138524
₽133833
₽128219
₽135175
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
income
-
-
-
26 625
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
36 042
Employee
17 531
-
170 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
17 058
-
pensions

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

1 539
-
3 097
-
total
4 291
-
22 165
-
Employer
17 531
-
170 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
156 529
177 500
-
-
income
15 653
17 750
-
-
total
15 653
17 750
-
-
Dividends
140 876
159 750
-
-
withholding
7 044
7 987
-
-
total
7 044
7 987
-
-
Income
177 500
177 500
177 500
177 500
Total tax
30 428
25 737
29 086
36 042
After tax
147 072
151 763
148 414
141 458
Living cost
13 239
13 239
13 239
13 239
Free-cash
133 833
138 524
135 175
128 219

Estimated living cost  is ₽13239 per week

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

Source of data for Varna model

Close
Amsterdam , Netherlands
₽31915
₽34451
₽42053
₽54907
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
income
-
-
-
55 218
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
79 486
Employee
93 564
86 180
158 745
-
health
11 673
11 251
12 444
-
income

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

14 106
14 106
23 609
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
47 877
-
Employer
93 564
86 180
158 745
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 456
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 755
-
Corporate
67 554
76 229
-
-
income
13 511
15 246
-
-
total
13 511
15 246
-
-
Dividends
54 043
60 983
-
-
income
11 485
12 960
-
-
withholding
8 107
9 147
-
-
total
19 592
22 107
-
-
Income
177 500
177 500
177 500
177 500
Total tax
87 088
89 624
66 632
79 486
After tax
90 412
87 876
110 868
98 014
Living cost
55 961
55 961
55 961
55 961
Free-cash
34 451
31 915
54 907
42 053

Estimated living cost  is ₽55961 per week

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

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽98038
₽89416
₽76773
₽68893
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
income
-
-
-
17 813
health
-
-
-
23 962
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 781
total
-
-
-
76 556
Employee
35 546
-
135 524
-
social contributions
2 310
-
7 742
-
health
4 799
-
18 296
-
solidarity contribution
-
-
-
-
income
4 265
-
16 423
-
total
11 374
-
42 461
-
Employer
35 546
-
135 524
-
social contributions
8 886
-
29 778
-
health
3 199
-
12 197
-
total
12 085
-
41 975
-
Corporate
129 869
177 500
-
-
income
24 675
33 725
-
-
total
24 675
33 725
-
-
Dividends
105 194
143 775
-
-
withholding
15 779
21 566
-
-
total
15 779
21 566
-
-
Income
177 500
177 500
177 500
177 500
Total tax
63 913
55 291
84 436
76 556
After tax
113 587
122 209
93 064
100 944
Living cost
24 171
24 171
24 171
24 171
Free-cash
89 416
98 038
68 893
76 773

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
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.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽52120
₽46853
₽42263
₽34246
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
municipal
-
-
-
1 055
regional
-
-
-
2 096
national
-
-
-
43 850
social contributions
-
-
-
45 652
total
-
-
-
92 653
Employee
89 690
-
177 500
-
social contributions
30 243
-
59 853
-
regional
846
-
1 849
-
municipal
475
-
940
-
national
15 541
-
38 028
-
total
47 105
-
100 670
-
Employer
89 690
-
177 500
-
total
-
-
-
-
Corporate
87 810
177 500
-
-
nationa
21 074
42 600
-
-
municipal
3 424
6 923
-
-
total
24 498
49 523
-
-
Dividends
63 312
127 977
-
-
withholding
16 460
33 273
-
-
total
16 460
33 273
-
-
Income
177 500
177 500
177 500
177 500
Total tax
88 063
82 796
100 670
92 653
After tax
89 437
94 704
76 830
84 847
Living cost
42 584
42 584
42 584
42 584
Free-cash
46 853
52 120
34 246
42 263

Estimated living cost  is ₽42584 per week

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

Source of data for Milan model

Close
Thessaloniki , Greece
₽89378
₽86240
₽61732
₽55561
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
income
-
-
-
49 174
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
7 595
total
-
-
-
93 499
Employee
33 373
-
149 149
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
6 389
-
income
5 594
-
43 138
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
71 319
-
Employer
33 373
-
149 149
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
137 102
177 500
-
-
income
35 646
46 150
-
-
total
35 646
46 150
-
-
Dividends
101 456
131 350
-
-
withholding
15 217
19 703
-
-
total
15 217
19 703
-
-
Income
177 500
177 500
177 500
177 500
Total tax
68 991
65 853
99 670
93 499
After tax
108 509
111 647
77 830
84 001
Living cost
22 269
22 269
22 269
22 269
Free-cash
86 240
89 378
55 561
61 732

Estimated living cost  is ₽22269 per week

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

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽70015
₽76704
₽71501
₽55429
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
income
-
-
-
50 637
pensions
-
-
-
9 093
total
-
-
-
59 730
Employee
64 218
-
155 064
-
health
932
-
2 251
-
income
11 566
-
39 923
-
pensions
5 451
-
11 192
-
total
17 949
-
53 366
-
Employer
64 218
-
155 064
-
pensions
6 952
-
19 490
-
health
1 220
-
2 946
-
total
8 172
-
22 436
-
Corporate
105 111
177 500
-
-
income

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

19 972
33 725
-
-
total
19 972
33 725
-
-
Dividends
85 139
143 775
-
-
withholding
8 434
27 491
-
-
total
8 434
27 491
-
-
Income
177 500
177 500
177 500
177 500
Total tax
54 527
61 216
75 802
59 730
After tax
122 973
116 284
101 698
117 770
Living cost
46 269
46 269
46 269
46 269
Free-cash
76 704
70 015
55 429
71 501

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
₽4891
₽37525
₽67145
₽59099
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
city
-
-
-
1 871
pensions
-
-
-
16 330
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.

-
-
-
3 550
regional
-
-
-
8 853
health
-
-
-
400
national
-
-
-
3 077
total
-
-
-
34 081
Employee
89 260
-
158 874
-
city
958
-
1 706
-
regional
2 923
-
7 611
-
health
202
-
357
-
pensions
7 499
-
13 345
-
unemployment
-
-
-
-
national
422
-
2 229
-
total
12 004
-
25 248
-
Employer
89 260
-
158 874
-
other

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

1 785
-
3 177
-
unemployment
-
-
-
-
pensions
7 499
-
13 345
-
health
202
-
357
-
total
9 486
-
16 879
-
Corporate
77 773
177 500
-
-
regional
16 450
37 542
-
-
national
6 612
15 088
-
-
total
23 062
52 630
-
-
Dividends
54 712
124 870
-
-
withholding
19 149
43 705
-
-
total
19 149
43 705
-
-
Income
177 500
177 500
177 500
177 500
Total tax
63 701
96 335
42 127
34 081
After tax
113 799
81 165
135 373
143 419
Living cost
76 274
76 274
76 274
76 274
Free-cash
37 525
4 891
59 099
67 145

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽41469
₽57834
₽44127
₽66522
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
177 500
trade
-
-
-
22 395
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.

-
-
-
54 837
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 016
total
-
-
-
87 142
Employee

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

60 650
-
177 500
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
3 016
-
income

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

7 132
-
54 837
-
total
14 419
-
64 747
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
116 850
177 500
-
-
surtax

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

963
1 465
-
-
income
17 527
26 626
-
-
trade
20 040
30 441
-
-
chamber of commerce
318
402
-
-
total
38 848
58 934
-
-
Dividends
78 002
118 566
-
-
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.

1 051
1 609
-
-
withholding
19 117
29 257
-
-
total
20 168
30 866
-
-
Income
177 500
177 500
177 500
177 500
Total tax
73 435
89 800
64 747
87 142
After tax
104 065
87 700
112 753
90 358
Living cost
46 231
46 231
46 231
46 231
Free-cash
57 834
41 469
66 522
44 127

Estimated living cost  is ₽46231 per week

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

Additional information

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

Source of data for Munich model

Close
Nice , France
₽54933
₽60895
₽65505
₽63029
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
income
-
-
-
27 736
pensions
-
-
-
31 676
other
-
-
-
5 502
health
-
-
-
7 498
surtax
-
-
-
-
social contributions
-
-
-
5 056
total
-
-
-
77 468
Employee
43 191
-
137 555
-
social contributions
1 231
-
3 920
-
surtax
-
-
-
-
income
2 549
-
26 593
-
pensions
4 884
-
9 487
-
total
8 664
-
40 000
-
Employer
43 191
-
137 555
-
other
1 490
-
5 334
-
social contributions
130
-
412
-
unemployment
1 748
-
5 571
-
pensions
7 095
-
15 990
-
health
3 024
-
12 637
-
total
13 487
-
39 944
-
Corporate
120 820
177 500
-
-
surtax
-
-
-
-
income
33 830
49 699
-
-
total
33 830
49 699
-
-
Dividends
86 990
127 801
-
-
surtax
-
-
-
-
social contributions
14 963
21 982
-
-
withholding
11 134
16 359
-
-
total
26 097
38 341
-
-
Income
177 500
177 500
177 500
177 500
Total tax
82 078
88 040
79 944
77 468
After tax
95 422
89 460
97 556
100 032
Living cost
34 527
34 527
34 527
34 527
Free-cash
60 895
54 933
63 029
65 505

Estimated living cost  is ₽34527 per week

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

Source of data for Nice model

Close
Marseille , France
₽58353
₽63961
₽68925
₽66449
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
income
-
-
-
27 736
pensions
-
-
-
31 676
other
-
-
-
5 502
health
-
-
-
7 498
surtax
-
-
-
-
social contributions
-
-
-
5 056
total
-
-
-
77 468
Employee
38 554
-
137 555
-
social contributions
1 099
-
3 920
-
surtax
-
-
-
-
income
1 988
-
26 593
-
pensions
4 361
-
9 487
-
total
7 448
-
40 000
-
Employer
38 554
-
137 555
-
other
1 331
-
5 334
-
social contributions
115
-
412
-
unemployment
1 561
-
5 571
-
pensions
6 335
-
15 990
-
health
2 698
-
12 637
-
total
12 040
-
39 944
-
Corporate
126 905
177 500
-
-
surtax
-
-
-
-
income
35 533
49 699
-
-
total
35 533
49 699
-
-
Dividends
91 372
127 801
-
-
surtax
-
-
-
-
social contributions
15 715
21 982
-
-
withholding
11 696
16 359
-
-
total
27 411
38 341
-
-
Income
177 500
177 500
177 500
177 500
Total tax
82 432
88 040
79 944
77 468
After tax
95 068
89 460
97 556
100 032
Living cost
31 107
31 107
31 107
31 107
Free-cash
63 961
58 353
66 449
68 925

Estimated living cost  is ₽31107 per week

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

Source of data for Marseille model

Close
Vilnius , Lithuania
₽86892
₽87418
₽92592
₽88940
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
income
-
-
-
26 626
health
-
-
-
12 389
social contributions
-
-
-
24 494
total
-
-
-
63 509
Employee
34 217
-
177 500
-
social contributions
4 723
-
24 494
-
health
2 388
-
12 389
-
income
5 707
-
30 278
-
total
12 818
-
67 161
-
Employer
34 217
-
177 500
-
total
-
-
-
-
Corporate
143 283
177 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

7 164
8 875
-
-
total
7 164
8 875
-
-
Dividends
136 118
168 625
-
-
health
9 501
11 770
-
-
social contributions
18 783
23 271
-
-
withholding
20 417
25 293
-
-
total
48 701
60 334
-
-
Income
177 500
177 500
177 500
177 500
Total tax
68 683
69 209
67 161
63 509
After tax
108 817
108 291
110 339
113 991
Living cost
21 399
21 399
21 399
21 399
Free-cash
87 418
86 892
88 940
92 592

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽62651
₽61090
₽55539
₽11498
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
chamber of commerce
-
-
-
711
income
-
-
-
48 472
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
86 401
Employee
50 434
40 217
141 638
-
other
504
402
1 180
-
health
1 952
1 557
4 562
-
income
5 742
2 967
38 777
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 876
10 250
60 129
-
Employer
50 434
40 217
141 638
-
accident
655
523
1 532
-
other
2 396
1 909
6 525
-
chamber of commerce
201
161
567
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
4 250
-
health
1 906
1 521
4 456
-
total
14 712
11 775
35 862
-
Corporate
112 354
125 509
137 807
-
income

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

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

28 089
31 377
34 451
-
total
28 089
31 377
34 451
-
Dividends
84 265
94 131
-
-
withholding
23 173
25 887
-
-
total
23 173
25 887
-
-
Income
177 500
177 500
177 500
177 500
Total tax
80 850
79 289
130 442
86 401
After tax
96 650
98 211
47 058
91 099
Living cost
35 560
35 560
35 560
35 560
Free-cash
61 090
62 651
11 498
55 539

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₽62473
₽47341
₽40155
₽25713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
national
-
-
-
66 248
communal

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

-
-
-
9 141
social contributions
-
-
-
25 160
total
-
-
-
100 549
Employee

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

72 187
-
137 482
-
communal

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

3 765
-
7 170
-
health

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

3 392
-
6 462
-
pensions

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

5 414
-
10 311
-
unemployment

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

628
-
1 197
-
national
22 193
-
49 833
-
total
35 392
-
74 973
-
Employer

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

72 187
-
137 482
-
accident

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

938
-
1 787
-
unemployment

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

1 053
-
2 007
-
surtax
8 185
-
15 589
-
pensions

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

6 396
-
12 180
-
health

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

4 439
-
8 455
-
total
21 011
-
40 018
-
Corporate
84 300
177 500
-
-
surtax
337
711
-
-
income
16 861
35 500
-
-
total
17 198
36 211
-
-
Dividends
67 102
141 289
-
-
withholding

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

19 762
42 020
-
-
total
19 762
42 020
-
-
Income
177 500
177 500
177 500
177 500
Total tax
93 363
78 231
114 991
100 549
After tax
84 137
99 269
62 509
76 951
Living cost
36 796
36 796
36 796
36 796
Free-cash
47 341
62 473
25 713
40 155

Estimated living cost  is ₽36796 per week

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

Source of data for Brussels model

Close
Barcelona , Spain
₽81871
₽74936
₽63168
₽58934
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
accident
-
-
-
843
income
-
-
-
49 823
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
77 886
Employee
50 235
-
147 680
-
other
50
-
94
-
income
10 599
-
46 358
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
52 299
-
Employer
50 235
-
147 680
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 764
-
5 144
-
pensions
11 855
-
22 076
-
total
16 013
-
29 821
-
Corporate
111 253
177 500
-
-
income

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

16 688
26 626
-
-
total
16 688
26 626
-
-
Dividends
94 565
150 874
-
-
withholding
19 628
32 557
-
-
total
19 628
32 557
-
-
Income
177 500
177 500
177 500
177 500
Total tax
66 118
59 183
82 120
77 886
After tax
111 382
118 317
95 380
99 614
Living cost
36 446
36 446
36 446
36 446
Free-cash
74 936
81 871
58 934
63 168

Estimated living cost  is ₽36446 per week

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

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽49005
₽36138
₽32944
₽40020
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
accident
-
-
-
1 496
income
-
-
-
29 122
pensions
-
-
-
26 605
health
-
-
-
12 471
surtax
-
-
-
8 800
communal
-
-
-
11 219
total
-
-
-
89 713
Employee
76 425
-
158 554
-
health
3 401
-
7 055
-
surtax
4 684
-
9 717
-
income
7 382
-
34 234
-
pensions
6 113
-
12 684
-
total
21 580
-
63 690
-
Employer
76 425
-
158 554
-
accident
688
-
1 427
-
pensions
6 113
-
12 684
-
health
2 331
-
4 836
-
total
9 132
-
18 947
-
Corporate
91 944
177 500
-
-
surtax
965
1 863
-
-
communal
6 207
11 981
-
-
income
13 791
26 626
-
-
total
20 963
40 470
-
-
Dividends
70 981
137 030
-
-
income
24 196
12 627
-
-
withholding
10 648
20 555
-
-
total
34 844
33 182
-
-
Income
177 500
177 500
177 500
177 500
Total tax
86 519
73 652
82 637
89 713
After tax
90 981
103 848
94 863
87 787
Living cost
54 843
54 843
54 843
54 843
Free-cash
36 138
49 005
40 020
32 944

Estimated living cost  is ₽54843 per week

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

Source of data for Luxembourg model

Close
Athens , Greece
₽88980
₽85773
₽61334
₽55163
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
income
-
-
-
49 174
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
7 595
total
-
-
-
93 499
Employee
33 986
-
149 149
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
6 389
-
income
5 697
-
43 138
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
71 319
-
Employer
33 986
-
149 149
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
136 359
177 500
-
-
income
35 453
46 150
-
-
total
35 453
46 150
-
-
Dividends
100 907
131 350
-
-
withholding
15 135
19 703
-
-
total
15 135
19 703
-
-
Income
177 500
177 500
177 500
177 500
Total tax
69 060
65 853
99 670
93 499
After tax
108 440
111 647
77 830
84 001
Living cost
22 667
22 667
22 667
22 667
Free-cash
85 773
88 980
55 163
61 334

Estimated living cost  is ₽22667 per week

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

Source of data for Athens model

Close
Naples , Italy
₽66113
₽63872
₽57082
₽49105
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
municipal
-
-
-
1 055
regional
-
-
-
2 676
national
-
-
-
43 850
social contributions
-
-
-
45 652
total
-
-
-
93 233
Employee
55 981
-
177 500
-
social contributions
18 877
-
59 853
-
regional
754
-
2 389
-
municipal
297
-
940
-
national
8 869
-
38 028
-
total
28 797
-
101 210
-
Employer
55 981
-
177 500
-
total
-
-
-
-
Corporate
121 519
177 500
-
-
nationa
29 165
42 600
-
-
municipal
6 040
8 821
-
-
total
35 205
51 421
-
-
Dividends
86 314
126 079
-
-
withholding
22 441
32 781
-
-
total
22 441
32 781
-
-
Income
177 500
177 500
177 500
177 500
Total tax
86 443
84 202
101 210
93 233
After tax
91 057
93 298
76 290
84 267
Living cost
27 185
27 185
27 185
27 185
Free-cash
63 872
66 113
49 105
57 082

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽92424
₽81799
₽71159
₽63279
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
income
-
-
-
17 813
health
-
-
-
23 962
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 781
total
-
-
-
76 556
Employee
43 801
-
135 524
-
social contributions
2 847
-
7 742
-
health
5 913
-
18 296
-
solidarity contribution
-
-
-
-
income
5 256
-
16 423
-
total
14 016
-
42 461
-
Employer
43 801
-
135 524
-
social contributions
10 950
-
29 778
-
health
3 942
-
12 197
-
total
14 892
-
41 975
-
Corporate
118 806
177 500
-
-
income
22 573
33 725
-
-
total
22 573
33 725
-
-
Dividends
96 233
143 775
-
-
withholding
14 435
21 566
-
-
total
14 435
21 566
-
-
Income
177 500
177 500
177 500
177 500
Total tax
65 916
55 291
84 436
76 556
After tax
111 584
122 209
93 064
100 944
Living cost
29 785
29 785
29 785
29 785
Free-cash
81 799
92 424
63 279
71 159

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66123
₽65625
₽59101
₽14910
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
chamber of commerce
-
-
-
711
income
-
-
-
48 472
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
86 202
Employee
44 114
40 217
141 823
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 967
38 867
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 250
60 219
-
Employer
44 114
40 217
141 823
-
accident
573
523
1 532
-
other
2 095
1 909
6 532
-
chamber of commerce
176
161
567
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
4 255
-
health
1 668
1 521
4 456
-
total
12 695
11 576
35 675
-
Corporate
120 690
125 708
137 993
-
income

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

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

30 173
31 427
34 499
-
total
30 173
31 427
34 499
-
Dividends
90 518
94 281
-
-
withholding
24 893
25 927
-
-
total
24 893
25 927
-
-
Income
177 500
177 500
177 500
177 500
Total tax
79 678
79 180
130 393
86 202
After tax
97 822
98 320
47 107
91 298
Living cost
32 197
32 197
32 197
32 197
Free-cash
65 625
66 123
14 910
59 101

Estimated living cost  is ₽32197 per week

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

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₽154476
₽151824
₽161576
₽127851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
177 500
microenterprise

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

-
-
-
1 775
total
-
-
-
1 775
Employee
17 686
-
177 500
-
income
3 537
-
35 500
-
total
3 537
-
35 500
-
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%.

159 814
177 500
-
-
total
-
-
-
-
Dividends
159 814
177 500
-
-
withholding
7 990
8 875
-
-
total
7 990
8 875
-
-
Income
177 500
177 500
177 500
177 500
Total tax
11 527
8 875
35 500
1 775
After tax
165 973
168 625
142 000
175 725
Living cost
14 149
14 149
14 149
14 149
Free-cash
151 824
154 476
127 851
161 576

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽95140
₽86699
₽59636
₽54936
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
177 500
income
-
-
-
40 648
pensions
-
-
-
32 415
unemployment
-
-
-
266
health
-
-
-
17 466
total
-
-
-
90 795
Employee

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

44 626
-
153 586
-
health
2 882
-
9 922
-
income
7 696
-
37 639
-
pensions
6 917
-
23 807
-
unemployment
63
-
214
-
total
17 558
-
71 582
-
Employer

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

44 626
-
153 586
-
unemployment
27
-
92
-
pensions
3 949
-
13 592
-
health
2 972
-
10 229
-
total
6 948
-
23 913
-
Corporate
125 926
177 500
-
-
income
23 926
33 725
-
-
total
23 926
33 725
-
-
Dividends
102 000
143 775
-
-
withholding
15 300
21 566
-
-
total
15 300
21 566
-
-
Income
177 500
177 500
177 500
177 500
Total tax
63 732
55 291
95 495
90 795
After tax
113 768
122 209
82 005
86 705
Living cost
27 069
27 069
27 069
27 069
Free-cash
86 699
95 140
54 936
59 636

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽64407
₽16360
₽79083
₽120628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
income
-
-
-
34 598
social contributions
-
-
-
20 235
total
-
-
-
54 833
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
26 891
177 500
-
-
income
5 916
39 050
-
-
total
5 916
39 050
-
-
Dividends
20 975
138 450
-
-
income
4 615
30 459
-
-
total
4 615
30 459
-
-
Income
177 500
177 500
177 500
177 500
Total tax
117 556
69 509
13 288
54 833
After tax
59 944
107 991
164 212
122 667
Living cost
43 584
43 584
43 584
43 584
Free-cash
16 360
64 407
120 628
79 083

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69305
₽68291
₽63421
₽49964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
177 500
income
-
-
-
20 742
surtax
-
-
-
-
social contributions

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

-
-
-
61 682
total
-
-
-
82 424
Employee
46 415
-
143 434
-
social contributions
5 106
-
15 779
-
surtax
-
-
-
-
income
9 654
-
46 036
-
total
14 760
-
61 815
-
Employer
46 415
-
143 434
-
social contributions
11 023
-
34 066
-
total
11 023
-
34 066
-
Corporate
120 062
177 500
-
-
surtax
-
-
-
-
income
25 212
37 276
-
-
total
25 212
37 276
-
-
Dividends
94 850
140 224
-
-
withholding
26 559
39 264
-
-
total
26 559
39 264
-
-
Income
177 500
177 500
177 500
177 500
Total tax
77 554
76 540
95 881
82 424
After tax
99 946
100 960
81 619
95 076
Living cost
31 655
31 655
31 655
31 655
Free-cash
68 291
69 305
49 964
63 421

Estimated living cost  is ₽31655 per week

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

Source of data for Lisbon model

Close
Paris , France
₽40718
₽47654
₽51290
₽48814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
income
-
-
-
27 736
pensions
-
-
-
31 676
other
-
-
-
5 502
health
-
-
-
7 498
surtax
-
-
-
-
social contributions
-
-
-
5 056
total
-
-
-
77 468
Employee
63 207
-
137 555
-
social contributions
1 800
-
3 920
-
surtax
-
-
-
-
income
5 515
-
26 593
-
pensions
7 149
-
9 487
-
total
14 464
-
40 000
-
Employer
63 207
-
137 555
-
other
2 181
-
5 334
-
social contributions
190
-
412
-
unemployment
2 561
-
5 571
-
pensions
10 386
-
15 990
-
health
4 424
-
12 637
-
total
19 742
-
39 944
-
Corporate
94 552
177 500
-
-
surtax
-
-
-
-
income
26 475
49 699
-
-
total
26 475
49 699
-
-
Dividends
68 077
127 801
-
-
surtax
-
-
-
-
social contributions
11 709
21 982
-
-
withholding
8 714
16 359
-
-
total
20 423
38 341
-
-
Income
177 500
177 500
177 500
177 500
Total tax
81 104
88 040
79 944
77 468
After tax
96 396
89 460
97 556
100 032
Living cost
48 742
48 742
48 742
48 742
Free-cash
47 654
40 718
48 814
51 290

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽129415
₽126023
₽100399
₽105114
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
income
-
-
-
7 716
social contributions
-
-
-
39 049
total
-
-
-
46 765
Employee
32 444
-
153 680
-
income
-
-
8 241
-
social contributions
2 109
-
9 989
-
total
2 109
-
18 230
-
Employer
32 444
-
153 680
-
social contributions
5 029
-
23 820
-
total
5 029
-
23 820
-
Corporate
140 027
177 500
-
-
income
14 003
17 749
-
-
total
14 003
17 749
-
-
Dividends
126 023
159 751
-
-
total
-
-
-
-
Income
177 500
177 500
177 500
177 500
Total tax
21 141
17 749
42 050
46 765
After tax
156 359
159 751
135 450
130 735
Living cost
30 336
30 336
30 336
30 336
Free-cash
126 023
129 415
105 114
100 399

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽42473
-₽42473
₽56083
-₽42473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
municipal
-
-
-
36 964
pensions
-
-
-
875
national
-
-
-
20 825
labour market
-
-
-
14 130
total
-
-
-
72 794
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
177 500
177 500
177 500
177 500
Total tax
171 350
171 350
171 350
72 794
After tax
6 150
6 150
6 150
104 706
Living cost
48 623
48 623
48 623
48 623
Free-cash
-42 473
-42 473
-42 473
56 083

Estimated living cost  is ₽48623 per week

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

Source of data for Copenhagen model

Close
Krakow , Poland
-₽7368
₽11043
₽99591
₽74697
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
accident
-
-
-
253
income
-
-
-
49 176
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
56 163
Employee
34 209
-
159 861
-
health
3 917
-
18 304
-
income
4 693
-
37 460
-
pensions
3 852
-
7 654
-
total
12 462
-
63 418
-
Employer
34 209
-
159 861
-
accident
571
-
2 669
-
unemployment
838
-
3 917
-
pensions
5 562
-
11 053
-
total
6 971
-
17 639
-
Corporate
136 320
177 500
-
-
income

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

122 688
159 750
-
-
total
122 688
159 750
-
-
Dividends
13 632
17 750
-
-
withholding
2 590
3 372
-
-
total
2 590
3 372
-
-
Income
177 500
177 500
177 500
177 500
Total tax
144 711
163 122
81 057
56 163
After tax
32 789
14 378
96 443
121 337
Living cost
21 746
21 746
21 746
21 746
Free-cash
11 043
-7 368
74 697
99 591

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽72497
₽75025
₽75780
₽54385
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
177 500
municipal
-
-
-
31 534
health
-
-
-
2 312
national
-
-
-
29 129
total
-
-
-
62 975
Employee
53 095
-
149 323
-
health
396
-
1 879
-
municipal
8 697
-
24 322
-
pensions
3 583
-
10 079
-
unemployment
797
-
2 241
-
national
877
-
17 672
-
total
14 350
-
56 193
-
Employer
53 095
-
149 323
-
accident
54
-
149
-
unemployment
345
-
971
-
pensions
9 212
-
25 908
-
health
408
-
1 149
-
total
10 019
-
28 177
-
Corporate
114 387
177 500
-
-
income
22 878
35 500
-
-
total
22 878
35 500
-
-
Dividends

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

68 632
106 500
-
-
national
4 129
11 588
-
-
municipal
12 354
19 170
-
-
total
16 483
30 758
-
-
Income
177 500
177 500
177 500
177 500
Total tax
63 730
66 258
84 370
62 975
After tax
113 770
111 242
93 130
114 525
Living cost
38 745
38 745
38 745
38 745
Free-cash
75 025
72 497
54 385
75 780

Estimated living cost  is ₽38745 per week

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

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽106122
₽100634
₽97971
₽96408
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
income
-
-
-
35 311
health
-
-
-
4 525
social contributions
-
-
-
16 328
total
-
-
-
56 164
Employee
77 601
77 601
165 747
-
social contributions
2 934
6 441
8 687
-
health
601
1 320
2 817
-
income
8 449
7 184
34 470
-
total
11 984
14 945
45 974
-
Employer
77 601
77 601
165 747
-
social contributions
2 934
6 441
8 687
-
health
653
1 436
3 066
-
total
3 587
7 877
11 753
-
Corporate
138 563
92 022
-
-
income
17 320
11 502
-
-
total
17 320
11 502
-
-
Dividends
121 243
80 520
-
-
withholding
20 610
13 689
-
-
total
20 610
13 689
-
-
Income
177 500
177 500
177 500
177 500
Total tax
53 501
48 013
57 727
56 164
After tax
123 999
129 487
119 773
121 336
Living cost
23 365
23 365
23 365
23 365
Free-cash
100 634
106 122
96 408
97 971

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130963
₽125830
₽133319
₽113078
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
177 500
income
-
-
-
18 058
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
28 158
Employee

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

23 164
-
167 637
-
health
1 969
-
8 139
-
income
1 584
-
15 555
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
38 536
-
Employer

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

23 164
-
167 637
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
151 951
177 500
-
-
income
13 676
15 976
-
-
total
13 676
15 976
-
-
Dividends
138 276
161 524
-
-
withholding
12 444
14 538
-
-
total
12 444
14 538
-
-
Income
177 500
177 500
177 500
177 500
Total tax
35 647
30 514
48 399
28 158
After tax
141 853
146 986
129 101
149 342
Living cost
16 023
16 023
16 023
16 023
Free-cash
125 830
130 963
113 078
133 319

Estimated living cost  is ₽16023 per week

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

Source of data for Podgorica model

Close
Valencia , Spain
₽90566
₽86112
₽71863
₽67629
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
accident
-
-
-
843
income
-
-
-
49 823
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
77 886
Employee
37 315
-
147 680
-
other
36
-
94
-
income
7 194
-
46 358
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
52 299
-
Employer
37 315
-
147 680
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 076
-
total
11 897
-
29 821
-
Corporate
128 288
177 500
-
-
income

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

19 243
26 626
-
-
total
19 243
26 626
-
-
Dividends
109 045
150 874
-
-
withholding
22 935
32 557
-
-
total
22 935
32 557
-
-
Income
177 500
177 500
177 500
177 500
Total tax
63 637
59 183
82 120
77 886
After tax
113 863
118 317
95 380
99 614
Living cost
27 751
27 751
27 751
27 751
Free-cash
86 112
90 566
67 629
71 863

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽108004
₽107550
₽111001
₽110803
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
income
-
-
-
60 276
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
63 743
Employee
4 198
-
175 238
-
health
210
-
503
-
income
812
-
60 170
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
61 679
-
Employer
4 198
-
175 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
172 358
177 500
-
-
income
37 919
39 050
-
-
total
37 919
39 050
-
-
Dividends
134 439
138 450
-
-
withholding
26 888
27 690
-
-
total
26 888
27 690
-
-
Income
177 500
177 500
177 500
177 500
Total tax
67 194
66 740
63 941
63 743
After tax
110 306
110 760
113 559
113 757
Living cost
2 756
2 756
2 756
2 756
Free-cash
107 550
108 004
110 803
111 001

Estimated living cost  is ₽2756 per week

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

Source of data for Istanbul model

Close
Belgrade , Serbia
₽110791
₽105826
₽91695
₽91696
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
177 500
income
-
-
-
40 159
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
68 352
Employee

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

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

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

26 319
-
164 149
-
health
1 355
-
3 841
-
income
3 628
-
40 159
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
55 001
-
Employer

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

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

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

26 319
-
164 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
146 470
177 500
-
-
income
21 971
26 625
-
-
total
21 971
26 625
-
-
Dividends
124 500
150 875
-
-
withholding
18 675
22 631
-
-
total
18 675
22 631
-
-
Income
177 500
177 500
177 500
177 500
Total tax
54 221
49 256
68 351
68 352
After tax
123 279
128 244
109 149
109 148
Living cost
17 453
17 453
17 453
17 453
Free-cash
105 826
110 791
91 696
91 695

Estimated living cost  is ₽17453 per week

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

Source of data for Belgrade model

Close
Porto , Portugal
₽73753
₽73391
₽67869
₽54412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
177 500
income
-
-
-
20 742
surtax
-
-
-
-
social contributions

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

-
-
-
61 682
total
-
-
-
82 424
Employee
39 169
-
143 434
-
social contributions
4 309
-
15 779
-
surtax
-
-
-
-
income
7 653
-
46 036
-
total
11 962
-
61 815
-
Employer
39 169
-
143 434
-
social contributions
9 302
-
34 066
-
total
9 302
-
34 066
-
Corporate
129 030
177 500
-
-
surtax
-
-
-
-
income
27 097
37 276
-
-
total
27 097
37 276
-
-
Dividends
101 933
140 224
-
-
withholding
28 541
39 264
-
-
total
28 541
39 264
-
-
Income
177 500
177 500
177 500
177 500
Total tax
76 902
76 540
95 881
82 424
After tax
100 598
100 960
81 619
95 076
Living cost
27 207
27 207
27 207
27 207
Free-cash
73 391
73 753
54 412
67 869

Estimated living cost  is ₽27207 per week

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

Source of data for Porto model

Close
Madrid , Spain
₽82850
₽76248
₽64147
₽59913
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
accident
-
-
-
843
income
-
-
-
49 823
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
77 886
Employee
48 739
-
147 680
-
other
48
-
94
-
income
10 180
-
46 358
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
52 299
-
Employer
48 739
-
147 680
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 076
-
total
15 539
-
29 821
-
Corporate
113 222
177 500
-
-
income

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

16 983
26 626
-
-
total
16 983
26 626
-
-
Dividends
96 239
150 874
-
-
withholding
19 990
32 557
-
-
total
19 990
32 557
-
-
Income
177 500
177 500
177 500
177 500
Total tax
65 785
59 183
82 120
77 886
After tax
111 715
118 317
95 380
99 614
Living cost
35 467
35 467
35 467
35 467
Free-cash
76 248
82 850
59 913
64 147

Estimated living cost  is ₽35467 per week

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

Source of data for Madrid model

Close
Sofia , Bulgaria
₽134392
₽128238
₽124087
₽131043
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
income
-
-
-
26 625
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
36 042
Employee
23 001
-
170 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
17 058
-
pensions

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

2 019
-
3 097
-
total
5 630
-
22 165
-
Employer
23 001
-
170 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
149 986
177 500
-
-
income
14 998
17 750
-
-
total
14 998
17 750
-
-
Dividends
134 988
159 750
-
-
withholding
6 750
7 987
-
-
total
6 750
7 987
-
-
Income
177 500
177 500
177 500
177 500
Total tax
31 891
25 737
29 086
36 042
After tax
145 609
151 763
148 414
141 458
Living cost
17 371
17 371
17 371
17 371
Free-cash
128 238
134 392
131 043
124 087

Estimated living cost  is ₽17371 per week

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

Source of data for Sofia model

Close
Berlin , Germany
₽52386
₽65590
₽55054
₽73791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
177 500
trade
-
-
-
18 737
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.

-
-
-
54 837
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 016
total
-
-
-
83 484
Employee

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

50 213
-
177 500
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
3 016
-
income

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

4 129
-
54 837
-
total
11 251
-
64 747
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
127 287
177 500
-
-
surtax

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

1 049
1 465
-
-
income
19 094
26 626
-
-
trade
18 266
25 471
-
-
chamber of commerce
339
414
-
-
total
38 748
53 976
-
-
Dividends
88 538
123 524
-
-
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.

1 197
1 678
-
-
withholding
21 752
30 498
-
-
total
22 949
32 176
-
-
Income
177 500
177 500
177 500
177 500
Total tax
72 948
86 152
64 747
83 484
After tax
104 552
91 348
112 753
94 016
Living cost
38 962
38 962
38 962
38 962
Free-cash
65 590
52 386
73 791
55 054

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₽66763
₽68991
₽36086
₽36086
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
income
-
-
-
54 320
social contributions
-
-
-
29 607
total
-
-
-
83 927
Employee
78 941
-
177 500
-
income
14 896
-
54 320
-
social contributions
6 558
-
29 607
-
total
21 454
-
83 927
-
Employer
78 941
-
177 500
-
total
-
-
-
-
Corporate
98 559
177 500
-
-
income
12 320
22 187
-
-
total
12 320
22 187
-
-
Dividends
86 240
155 313
-
-
withholding
17 248
31 063
-
-
total
17 248
31 063
-
-
Income
177 500
177 500
177 500
177 500
Total tax
51 022
53 250
83 927
83 927
After tax
126 478
124 250
93 573
93 573
Living cost
57 487
57 487
57 487
57 487
Free-cash
68 991
66 763
36 086
36 086

Estimated living cost  is ₽57487 per week

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

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₽73410
₽76937
₽105398
₽89587
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
177 500
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
172 858
-
income
5 023
-
41 995
-
social contributions
4 638
-
4 642
-
total
9 661
-
46 637
-
Employer
46 295
-
172 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
126 566
177 500
-
-
income
44 298
62 124
-
-
total
44 298
62 124
-
-
Dividends
82 268
115 376
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
177 500
177 500
177 500
177 500
Total tax
63 929
67 456
51 279
35 468
After tax
113 571
110 044
126 221
142 032
Living cost
36 634
36 634
36 634
36 634
Free-cash
76 937
73 410
89 587
105 398

Estimated living cost  is ₽36634 per week

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

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽78669
₽84666
₽80155
₽64083
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
income
-
-
-
50 637
pensions
-
-
-
9 093
total
-
-
-
59 730
Employee
51 632
-
155 064
-
health
674
-
2 251
-
income
9 403
-
39 923
-
pensions
3 941
-
11 192
-
total
14 018
-
53 366
-
Employer
51 632
-
155 064
-
pensions
5 216
-
19 490
-
health
981
-
2 946
-
total
6 197
-
22 436
-
Corporate
119 670
177 500
-
-
income

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

22 737
33 725
-
-
total
22 737
33 725
-
-
Dividends
96 933
143 775
-
-
withholding
12 267
27 491
-
-
total
12 267
27 491
-
-
Income
177 500
177 500
177 500
177 500
Total tax
55 219
61 216
75 802
59 730
After tax
122 281
116 284
101 698
117 770
Living cost
37 615
37 615
37 615
37 615
Free-cash
84 666
78 669
64 083
80 155

Estimated living cost  is ₽37615 per week

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

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽9522
₽10711
₽97437
₽72543
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
accident
-
-
-
253
income
-
-
-
49 176
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
56 163
Employee
37 595
-
159 861
-
health
4 304
-
18 304
-
income
5 158
-
37 460
-
pensions
4 233
-
7 654
-
total
13 695
-
63 418
-
Employer
37 595
-
159 861
-
accident
628
-
2 669
-
unemployment
921
-
3 917
-
pensions
6 113
-
11 053
-
total
7 662
-
17 639
-
Corporate
132 244
177 500
-
-
income

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

119 019
159 750
-
-
total
119 019
159 750
-
-
Dividends
13 224
17 750
-
-
withholding
2 513
3 372
-
-
total
2 513
3 372
-
-
Income
177 500
177 500
177 500
177 500
Total tax
142 889
163 122
81 057
56 163
After tax
34 611
14 378
96 443
121 337
Living cost
23 900
23 900
23 900
23 900
Free-cash
10 711
-9 522
72 543
97 437

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135735
₽131013
₽90225
₽112418
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
177 500
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
29 261
pensions
-
-
-
29 696
unemployment
-
-
-
1 937
total
-
-
-
73 644
Employee

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

21 810
-
177 500
-
work injury
109
-
403
-
income
2 181
-
29 261
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
51 451
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
155 690
177 500
-
-
income

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

1 557
1 775
-
-
total
1 557
1 775
-
-
Dividends
154 133
175 725
-
-
withholding
23 120
26 359
-
-
total
23 120
26 359
-
-
Income
177 500
177 500
177 500
177 500
Total tax
32 856
28 134
51 451
73 644
After tax
144 644
149 366
126 049
103 856
Living cost
13 631
13 631
13 631
13 631
Free-cash
131 013
135 735
112 418
90 225

Estimated living cost  is ₽13631 per week

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

Source of data for Skopje model

Close
Rome , Italy
₽53292
₽48701
₽42543
₽34750
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
177 500
municipal
-
-
-
1 187
regional
-
-
-
4 065
national
-
-
-
43 850
social contributions
-
-
-
45 652
total
-
-
-
94 754
Employee
85 040
-
177 500
-
social contributions
28 675
-
59 853
-
regional
1 284
-
3 607
-
municipal
508
-
1 059
-
national
14 371
-
38 028
-
total
44 838
-
102 547
-
Employer
85 040
-
177 500
-
total
-
-
-
-
Corporate
92 460
177 500
-
-
nationa
22 190
42 600
-
-
municipal
4 456
8 555
-
-
total
26 646
51 155
-
-
Dividends
65 813
126 345
-
-
withholding
17 112
32 850
-
-
total
17 112
32 850
-
-
Income
177 500
177 500
177 500
177 500
Total tax
88 596
84 005
102 547
94 754
After tax
88 904
93 495
74 953
82 746
Living cost
40 203
40 203
40 203
40 203
Free-cash
48 701
53 292
34 750
42 543

Estimated living cost  is ₽40203 per week

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

Source of data for Rome model

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