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
₽ 178000
per

Your estimated
City
free-cash

Dresden , Germany
₽62493
₽61418
₽71761
₽83676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
178 000
trade
-
-
-
21 183
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.

-
-
-
6 392
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.

-
-
-
3 107
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.

-
-
-
56 486
total
-
-
-
87 168
Employee

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

35 785
-
178 000
-
surtax

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

55
-
3 107
-
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.

1 000
-
56 486
-
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.

6 392
-
6 392
-
total
7 447
-
65 985
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
142 215
178 000
-
-
trade
22 400
28 035
-
-
income
21 333
26 700
-
-
chamber of commerce
346
398
-
-
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.

1 174
1 468
-
-
total
45 253
56 601
-
-
Dividends
96 963
121 399
-
-
withholding
23 886
29 993
-
-
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.

1 314
1 649
-
-
total
25 200
31 642
-
-
Income
178 000
178 000
178 000
178 000
Total tax
77 900
88 243
65 985
87 168
After tax
100 100
89 757
112 015
90 832
Living cost
28 339
28 339
28 339
28 339
Free-cash
71 761
61 418
83 676
62 493

Estimated living cost  is ₽28339 per week

₽17826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3304
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.
₽6679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54881
₽61515
₽60690
₽55837
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
municipal
-
-
-
19 541
pensions
-
-
-
21 360
social contributions
-
-
-
1 913
national
-
-
-
30 748
total
-
-
-
73 562
Employee
76 822
-
153 879
-
municipal
9 489
-
20 230
-
national
14 704
-
32 257
-
pensions
3 073
-
6 155
-
total
27 266
-
58 642
-
Employer
76 822
-
153 879
-
pensions
6 146
-
12 310
-
social contributions
826
-
1 654
-
total
6 972
-
13 964
-
Corporate
89 136
178 000
-
-
income

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

17 827
35 600
-
-
total
17 827
35 600
-
-
Dividends
71 309
142 400
-
-
withholding
15 688
31 328
-
-
total
15 688
31 328
-
-
Income
178 000
178 000
178 000
178 000
Total tax
67 753
66 928
72 606
73 562
After tax
110 247
111 072
105 394
104 438
Living cost
49 557
49 557
49 557
49 557
Free-cash
60 690
61 515
55 837
54 881

Estimated living cost  is ₽49557 per week

₽33683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽742
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43093
₽122935
₽115261
₽56216
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
178 000
surtax
-
-
-
45 390
social contributions

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

-
-
-
35 847
income
-
-
-
34 205
microenterprise
-
-
-
-
total
-
-
-
115 442
Employee
27 339
-
136 161
-
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.

3 008
-
12 265
-
surtax
-
-
19 743
-
income
4 867
-
28 472
-
total
7 875
-
60 480
-
Employer
27 339
-
136 161
-
surtax
-
-
14 978
-
social contributions

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

6 585
-
26 861
-
total
6 585
-
41 839
-
Corporate
144 076
178 000
-
-
income

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

28 814
35 600
-
-
total
28 814
35 600
-
-
Dividends

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

115 261
142 400
-
-
total
-
-
-
-
Income
178 000
178 000
178 000
178 000
Total tax
43 274
35 600
102 319
115 442
After tax
134 726
142 400
75 681
62 558
Living cost
19 465
19 465
19 465
19 465
Free-cash
115 261
122 935
56 216
43 093

Estimated living cost  is ₽19465 per week

₽12418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1854
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58158
₽49129
₽43399
₽73447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
pensions
-
-
-
10 962
health
-
-
-
11 537
income
-
-
-
58 149
total
-
-
-
80 648
Employee
79 897
79 897
160 613
-
pensions
14 381
10 962
10 962
-
income

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

13 078
13 078
25 473
-
health
12 263
10 431
11 537
-
total
39 722
34 471
47 972
-
Employer
79 897
79 897
160 613
-
pensions
5 561
5 561
6 912
-
unemployment
2 876
2 876
3 574
-
health
5 554
5 554
6 901
-
total
13 991
13 991
17 387
-
Corporate
85 092
84 112
-
-
income
17 018
16 823
-
-
total
17 018
16 823
-
-
Dividends
68 074
67 289
-
-
withholding
10 211
10 094
-
-
income
14 465
14 298
-
-
total
24 676
24 392
-
-
Income
178 000
178 000
178 000
178 000
Total tax
95 407
89 677
65 359
80 648
After tax
82 593
88 323
112 641
97 352
Living cost
39 194
39 194
39 194
39 194
Free-cash
43 399
49 129
73 447
58 158

Estimated living cost  is ₽39194 per week

₽27776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52373
₽58644
₽57778
₽51439
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
municipal
-
-
-
45 782
pensions
-
-
-
9 132
health
-
-
-
5 271
other
-
-
-
9 816
unemployment
-
-
-
85
accident
-
-
-
169
national
-
-
-
16 828
total
-
-
-
87 083
Employee
54 922
-
151 458
-
municipal
16 378
-
45 165
-
national
-
-
16 310
-
total
16 378
-
61 475
-
Employer
54 922
-
151 458
-
pensions
5 937
-
9 132
-
other
6 382
-
9 816
-
unemployment
1 450
-
2 230
-
accident
110
-
169
-
health
3 378
-
5 195
-
total
17 257
-
26 542
-
Corporate
105 822
178 000
-
-
income
23 281
39 160
-
-
total
23 281
39 160
-
-
Dividends
82 541
138 840
-
-
withholding
24 762
41 652
-
-
total
24 762
41 652
-
-
Income
178 000
178 000
178 000
178 000
Total tax
81 678
80 812
88 017
87 083
After tax
96 322
97 188
89 983
90 917
Living cost
38 544
38 544
38 544
38 544
Free-cash
57 778
58 644
51 439
52 373

Estimated living cost  is ₽38544 per week

₽25545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53134
₽52085
₽65229
₽75260
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
178 000
trade
-
-
-
22 126
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.

-
-
-
6 392
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.

-
-
-
3 107
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.

-
-
-
56 486
total
-
-
-
88 111
Employee

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

47 447
-
178 000
-
surtax

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

224
-
3 107
-
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.

4 077
-
56 486
-
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.

6 392
-
6 392
-
total
10 693
-
65 985
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 553
178 000
-
-
trade
21 476
29 281
-
-
income
19 584
26 700
-
-
chamber of commerce
328
396
-
-
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.

1 078
1 468
-
-
total
42 466
57 845
-
-
Dividends
88 087
120 154
-
-
withholding
21 666
29 683
-
-
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.

1 191
1 632
-
-
total
22 857
31 315
-
-
Income
178 000
178 000
178 000
178 000
Total tax
76 016
89 160
65 985
88 111
After tax
101 984
88 840
112 015
89 889
Living cost
36 755
36 755
36 755
36 755
Free-cash
65 229
52 085
75 260
53 134

Estimated living cost  is ₽36755 per week

₽24582
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90657
₽99463
₽95583
₽89124
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
health
-
-
-
4 538
social contributions
-
-
-
15 138
income
-
-
-
37 321
total
-
-
-
56 997
Employee
71 944
71 944
166 859
-
social contributions
3 496
5 971
8 054
-
income
7 555
6 660
36 497
-
health
716
1 223
2 837
-
total
11 767
13 854
47 388
-
Employer
71 944
71 944
166 859
-
social contributions
3 496
5 971
8 054
-
health
779
1 332
3 088
-
total
4 275
7 303
11 142
-
Corporate
131 612
98 754
-
-
income
16 452
12 345
-
-
total
16 452
12 345
-
-
Dividends
115 160
86 409
-
-
withholding
19 577
14 689
-
-
total
19 577
14 689
-
-
Income
178 000
178 000
178 000
178 000
Total tax
52 071
48 191
58 530
56 997
After tax
125 929
129 809
119 470
121 003
Living cost
30 346
30 346
30 346
30 346
Free-cash
95 583
99 463
89 124
90 657

Estimated living cost  is ₽30346 per week

₽20745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106076
₽82735
₽83095
₽85954
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
pensions
-
-
-
17 800
health
-
-
-
12 460
unemployment
-
-
-
2 670
income
-
-
-
21 760
total
-
-
-
54 690
Employee

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

The minimum wage is 138,000 HUF per month.

24 878
9 901
148 954
-
pensions
2 488
990
14 895
-
unemployment
373
149
2 234
-
income
3 041
1 210
18 210
-
health
1 741
693
10 427
-
total
7 643
3 042
45 766
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 878
9 901
148 954
-
pensions
4 851
1 931
29 046
-
total
4 851
1 931
29 046
-
Corporate
148 270
166 168
-
-
income
13 344
14 955
-
-
total
13 344
14 955
-
-
Dividends
134 926
151 213
-
-
withholding
25 636
28 730
-
-
social contributions
26 197
29 373
-
-
total
51 833
58 103
-
-
Income
178 000
178 000
178 000
178 000
Total tax
77 671
78 031
74 812
54 690
After tax
100 329
99 969
103 188
123 310
Living cost
17 234
17 234
17 234
17 234
Free-cash
83 095
82 735
85 954
106 076

Estimated living cost  is ₽17234 per week

₽11761
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72810
₽119802
₽113990
₽79998
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
pensions
-
-
-
35 600
health
-
-
-
23 140
income
-
-
-
23 852
total
-
-
-
82 592
Employee
26 542
-
133 034
-
pensions
531
-
2 661
-
unemployment
424
-
2 129
-
income
2 988
-
25 649
-
total
3 943
-
30 439
-
Employer
26 542
-
133 034
-
pensions
5 309
-
26 606
-
unemployment
213
-
1 064
-
health
3 450
-
17 295
-
total
8 972
-
44 965
-
Corporate
142 487
178 000
-
-
income
28 497
35 600
-
-
total
28 497
35 600
-
-
Dividends
113 990
142 400
-
-
total
-
-
-
-
Income
178 000
178 000
178 000
178 000
Total tax
41 412
35 600
75 404
82 592
After tax
136 588
142 400
102 596
95 408
Living cost
22 598
22 598
22 598
22 598
Free-cash
113 990
119 802
79 998
72 810

Estimated living cost  is ₽22598 per week

₽15500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1346
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100708
-₽6518
₽11206
₽76114
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
pensions
-
-
-
3 960
health
-
-
-
2 075
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
49 728
total
-
-
-
56 356
Employee
32 933
-
160 887
-
pensions
3 708
-
7 260
-
income
4 518
-
38 155
-
health
3 771
-
18 422
-
total
11 997
-
63 837
-
Employer
32 933
-
160 887
-
pensions
5 355
-
10 484
-
unemployment
807
-
3 942
-
accident
550
-
2 687
-
total
6 712
-
17 113
-
Corporate
138 355
178 000
-
-
income

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

124 520
160 200
-
-
total
124 520
160 200
-
-
Dividends
13 836
17 800
-
-
withholding
2 629
3 382
-
-
total
2 629
3 382
-
-
Income
178 000
178 000
178 000
178 000
Total tax
145 858
163 582
80 950
56 356
After tax
32 142
14 418
97 050
121 644
Living cost
20 936
20 936
20 936
20 936
Free-cash
11 206
-6 518
76 114
100 708

Estimated living cost  is ₽20936 per week

₽15344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168588
₽161468
₽160037
₽134768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
178 000
microenterprise

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

-
-
-
1 780
total
-
-
-
1 780
Employee
9 540
-
178 000
-
income
1 908
-
35 600
-
total
1 908
-
35 600
-
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%.

168 460
178 000
-
-
total
-
-
-
-
Dividends
168 460
178 000
-
-
withholding
8 423
8 900
-
-
total
8 423
8 900
-
-
Income
178 000
178 000
178 000
178 000
Total tax
10 331
8 900
35 600
1 780
After tax
167 669
169 100
142 400
176 220
Living cost
7 632
7 632
7 632
7 632
Free-cash
160 037
161 468
134 768
168 588

Estimated living cost  is ₽7632 per week

₽4730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77155
₽105848
₽99528
₽75636
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
pensions

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

-
-
-
34 146
health
-
-
-
6 260
other
-
-
-
6 758
income
-
-
-
28 751
total
-
-
-
75 915
Employee
33 971
-
142 172
-
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.

2 377
-
9 952
-
unemployment
339
-
1 422
-
income
5 848
-
28 243
-
health
476
-
1 990
-
total
9 040
-
41 607
-
Employer
33 971
-
142 172
-
pensions

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

5 776
-
24 168
-
other
1 699
-
7 109
-
unemployment
339
-
1 422
-
accident
272
-
1 138
-
health
476
-
1 990
-
total
8 562
-
35 827
-
Corporate
135 468
178 000
-
-
income
28 449
37 379
-
-
total
28 449
37 379
-
-
Dividends
107 019
140 621
-
-
withholding
7 491
9 843
-
-
total
7 491
9 843
-
-
Income
178 000
178 000
178 000
178 000
Total tax
53 542
47 222
77 434
75 915
After tax
124 458
130 778
100 566
102 085
Living cost
24 930
24 930
24 930
24 930
Free-cash
99 528
105 848
75 636
77 155

Estimated living cost  is ₽24930 per week

₽17615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55401
₽53350
₽59340
₽39379
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
pensions
-
-
-
8 588
income
-
-
-
52 597
total
-
-
-
61 185
Employee
86 891
-
155 344
-
pensions
8 383
-
10 444
-
income
15 663
-
41 917
-
health
1 432
-
2 189
-
total
25 478
-
54 550
-
Employer
86 891
-
155 344
-
pensions
10 259
-
19 706
-
health
1 650
-
2 951
-
total
11 909
-
22 657
-
Corporate
79 199
178 000
-
-
income

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

15 048
33 820
-
-
total
15 048
33 820
-
-
Dividends
64 151
144 180
-
-
withholding
4 811
29 416
-
-
total
4 811
29 416
-
-
Income
178 000
178 000
178 000
178 000
Total tax
57 246
63 236
77 207
61 185
After tax
120 754
114 764
100 793
116 815
Living cost
61 414
61 414
61 414
61 414
Free-cash
59 340
53 350
39 379
55 401

Estimated living cost  is ₽61414 per week

₽46019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7216
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.
₽7681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽130308
₽139924
₽135578
₽137433
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
pensions

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

-
-
-
4 837
health
-
-
-
3 758
unemployment
-
-
-
131
income
-
-
-
26 700
total
-
-
-
35 426
Employee
16 242
-
171 588
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 426
-
2 869
-
income
1 624
-
17 159
-
health
747
-
1 503
-
total
3 976
-
21 890
-
Employer
16 242
-
171 588
-
pensions

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

1 790
-
3 601
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
health
1 121
-
2 255
-
total
3 187
-
6 411
-
Corporate
158 570
178 000
-
-
income
15 857
17 800
-
-
total
15 857
17 800
-
-
Dividends
142 714
160 200
-
-
withholding
7 136
8 010
-
-
total
7 136
8 010
-
-
Income
178 000
178 000
178 000
178 000
Total tax
30 156
25 810
28 301
35 426
After tax
147 844
152 190
149 699
142 574
Living cost
12 266
12 266
12 266
12 266
Free-cash
135 578
139 924
137 433
130 308

Estimated living cost  is ₽12266 per week

₽7161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽325
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45471
₽36442
₽38794
₽60760
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
pensions
-
-
-
10 962
health
-
-
-
11 537
income
-
-
-
58 149
total
-
-
-
80 648
Employee
86 743
79 897
160 613
-
pensions
10 962
10 962
10 962
-
income

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

13 078
13 078
25 473
-
health
10 822
10 431
11 537
-
total
34 862
34 471
47 972
-
Employer
86 743
79 897
160 613
-
pensions
6 037
5 561
6 912
-
unemployment
3 123
2 876
3 574
-
health
6 028
5 554
6 901
-
total
15 188
13 991
17 387
-
Corporate
76 070
84 112
-
-
income
15 214
16 823
-
-
total
15 214
16 823
-
-
Dividends
60 856
67 289
-
-
withholding
9 128
10 094
-
-
income
12 933
14 298
-
-
total
22 061
24 392
-
-
Income
178 000
178 000
178 000
178 000
Total tax
87 325
89 677
65 359
80 648
After tax
90 675
88 323
112 641
97 352
Living cost
51 881
51 881
51 881
51 881
Free-cash
38 794
36 442
60 760
45 471

Estimated living cost  is ₽51881 per week

₽38271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78789
₽99313
₽91021
₽71187
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
health
-
-
-
24 030
social contributions
-
-
-
33 442
solidarity contribution
-
-
-
420
income
-
-
-
18 079
total
-
-
-
75 971
Employee
34 177
-
137 035
-
social contributions
2 222
-
7 444
-
income
4 101
-
16 664
-
solidarity contribution
-
-
-
-
health
4 614
-
18 500
-
total
10 937
-
42 608
-
Employer
34 177
-
137 035
-
social contributions
8 544
-
28 632
-
health
3 076
-
12 333
-
total
11 620
-
40 965
-
Corporate
132 203
178 000
-
-
income
25 119
33 820
-
-
total
25 119
33 820
-
-
Dividends
107 084
144 180
-
-
withholding
16 063
21 627
-
-
total
16 063
21 627
-
-
Income
178 000
178 000
178 000
178 000
Total tax
63 739
55 447
83 573
75 971
After tax
114 261
122 553
94 427
102 029
Living cost
23 240
23 240
23 240
23 240
Free-cash
91 021
99 313
71 187
78 789

Estimated living cost  is ₽23240 per week

₽16143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1653
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44821
₽55490
₽50607
₽36778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
municipal
-
-
-
1 058
regional
-
-
-
2 115
social contributions
-
-
-
45 781
national
-
-
-
44 746
total
-
-
-
93 700
Employee
83 151
-
178 000
-
social contributions
28 039
-
60 022
-
municipal
440
-
945
-
regional
785
-
1 868
-
national
14 408
-
38 908
-
total
43 672
-
101 743
-
Employer
83 151
-
178 000
-
total
-
-
-
-
Corporate
94 849
178 000
-
-
nationa
22 764
42 720
-
-
municipal
3 698
6 942
-
-
total
26 462
49 662
-
-
Dividends
68 387
128 338
-
-
withholding
17 780
33 369
-
-
total
17 780
33 369
-
-
Income
178 000
178 000
178 000
178 000
Total tax
87 914
83 031
101 743
93 700
After tax
90 086
94 969
76 257
84 300
Living cost
39 479
39 479
39 479
39 479
Free-cash
50 607
55 490
36 778
44 821

Estimated living cost  is ₽39479 per week

₽27520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63412
₽91316
₽88404
₽57692
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
pensions
-
-
-
24 974
health
-
-
-
8 865
surtax
-
-
-
8 252
other
-
-
-
-
unemployment
-
-
-
213
income
-
-
-
51 638
total
-
-
-
93 942
Employee
30 940
-
151 716
-
surtax
101
-
7 132
-
pensions
2 063
-
8 329
-
other
-
-
-
-
unemployment
2 154
-
8 691
-
income
5 186
-
46 042
-
health
790
-
3 183
-
total
10 294
-
73 377
-
Employer
30 940
-
151 716
-
pensions
4 124
-
16 645
-
other
-
-
-
-
unemployment
980
-
3 958
-
health
1 408
-
5 682
-
total
6 512
-
26 285
-
Corporate
140 547
178 000
-
-
income
36 543
46 280
-
-
total
36 543
46 280
-
-
Dividends
104 004
131 720
-
-
withholding
15 601
19 758
-
-
total
15 601
19 758
-
-
Income
178 000
178 000
178 000
178 000
Total tax
68 950
66 038
99 662
93 942
After tax
109 050
111 962
78 338
84 058
Living cost
20 646
20 646
20 646
20 646
Free-cash
88 404
91 316
57 692
63 412

Estimated living cost  is ₽20646 per week

₽12624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74859
₽72808
₽78875
₽58837
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
pensions
-
-
-
8 588
income
-
-
-
52 597
total
-
-
-
61 185
Employee
58 232
-
155 344
-
pensions
4 943
-
10 444
-
income
10 488
-
41 917
-
health
845
-
2 189
-
total
16 276
-
54 550
-
Employer
58 232
-
155 344
-
pensions
6 304
-
19 706
-
health
1 106
-
2 951
-
total
7 410
-
22 657
-
Corporate
112 358
178 000
-
-
income

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

21 348
33 820
-
-
total
21 348
33 820
-
-
Dividends
91 010
144 180
-
-
withholding
12 135
29 416
-
-
total
12 135
29 416
-
-
Income
178 000
178 000
178 000
178 000
Total tax
57 169
63 236
77 207
61 185
After tax
120 831
114 764
100 793
116 815
Living cost
41 956
41 956
41 956
41 956
Free-cash
78 875
72 808
58 837
74 859

Estimated living cost  is ₽41956 per week

₽31433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽68859
₽6733
₽38674
₽60807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
regional
-
-
-
9 005
city
-
-
-
1 875
pensions
-
-
-
16 377
health
-
-
-
401
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.

-
-
-
3 559
national
-
-
-
3 261
total
-
-
-
34 478
Employee
87 375
-
159 318
-
regional
2 861
-
7 759
-
national
414
-
2 388
-
pensions
7 341
-
13 383
-
unemployment
-
-
-
-
city
938
-
1 712
-
health
198
-
359
-
total
11 752
-
25 601
-
Employer
87 375
-
159 318
-
pensions
7 341
-
13 383
-
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.

1 747
-
3 187
-
unemployment
-
-
-
-
health
198
-
359
-
total
9 286
-
16 929
-
Corporate
80 379
178 000
-
-
regional
17 000
37 647
-
-
national
6 833
15 130
-
-
total
23 833
52 777
-
-
Dividends
56 547
125 223
-
-
withholding
19 792
43 827
-
-
total
19 792
43 827
-
-
Income
178 000
178 000
178 000
178 000
Total tax
64 663
96 604
42 530
34 478
After tax
113 337
81 396
135 470
143 522
Living cost
74 663
74 663
74 663
74 663
Free-cash
38 674
6 733
60 807
68 859

Estimated living cost  is ₽74663 per week

₽48552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽917
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽46087
₽45063
₽60233
₽69154
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
178 000
trade
-
-
-
23 067
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.

-
-
-
6 392
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.

-
-
-
3 107
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.

-
-
-
56 486
total
-
-
-
89 052
Employee

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

56 228
-
178 000
-
surtax

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

364
-
3 107
-
income

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

6 612
-
56 486
-
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.

6 392
-
6 392
-
total
13 368
-
65 985
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
121 772
178 000
-
-
trade
20 883
30 528
-
-
income
18 266
26 700
-
-
chamber of commerce
314
392
-
-
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.

1 005
1 468
-
-
total
40 468
59 088
-
-
Dividends
81 303
118 912
-
-
withholding
19 971
29 372
-
-
surtax

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

1 099
1 616
-
-
total
21 070
30 988
-
-
Income
178 000
178 000
178 000
178 000
Total tax
74 906
90 076
65 985
89 052
After tax
103 094
87 924
112 015
88 948
Living cost
42 861
42 861
42 861
42 861
Free-cash
60 233
45 063
69 154
46 087

Estimated living cost  is ₽42861 per week

₽31304
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68085
₽57701
₽63228
₽64310
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
pensions
-
-
-
30 482
health
-
-
-
7 938
surtax
-
-
-
-
other
-
-
-
5 518
social contributions
-
-
-
5 071
income
-
-
-
28 896
total
-
-
-
77 905
Employee
40 043
-
137 190
-
social contributions
1 142
-
3 910
-
surtax
-
-
-
-
pensions
4 528
-
9 776
-
income
2 363
-
27 189
-
total
8 033
-
40 875
-
Employer
40 043
-
137 190
-
pensions
6 578
-
16 413
-
social contributions
121
-
412
-
other
1 381
-
5 451
-
unemployment
1 621
-
5 556
-
health
2 804
-
12 973
-
total
12 505
-
40 805
-
Corporate
125 453
178 000
-
-
income
35 126
49 840
-
-
surtax
-
-
-
-
total
35 126
49 840
-
-
Dividends
90 326
128 160
-
-
withholding
11 562
16 404
-
-
surtax
-
-
-
-
social contributions
15 536
22 045
-
-
total
27 098
38 449
-
-
Income
178 000
178 000
178 000
178 000
Total tax
82 762
88 289
81 680
77 905
After tax
95 238
89 711
96 320
100 095
Living cost
32 010
32 010
32 010
32 010
Free-cash
63 228
57 701
64 310
68 085

Estimated living cost  is ₽32010 per week

₽20184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71256
₽60872
₽66069
₽67481
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
pensions
-
-
-
30 482
health
-
-
-
7 938
surtax
-
-
-
-
other
-
-
-
5 518
social contributions
-
-
-
5 071
income
-
-
-
28 896
total
-
-
-
77 905
Employee
35 744
-
137 190
-
social contributions
1 019
-
3 910
-
surtax
-
-
-
-
pensions
4 043
-
9 776
-
income
1 843
-
27 189
-
total
6 905
-
40 875
-
Employer
35 744
-
137 190
-
pensions
5 873
-
16 413
-
social contributions
107
-
412
-
other
1 234
-
5 451
-
unemployment
1 447
-
5 556
-
health
2 502
-
12 973
-
total
11 163
-
40 805
-
Corporate
131 094
178 000
-
-
income
36 707
49 840
-
-
surtax
-
-
-
-
total
36 707
49 840
-
-
Dividends
94 387
128 160
-
-
withholding
12 082
16 404
-
-
surtax
-
-
-
-
social contributions
16 235
22 045
-
-
total
28 317
38 449
-
-
Income
178 000
178 000
178 000
178 000
Total tax
83 092
88 289
81 680
77 905
After tax
94 908
89 711
96 320
100 095
Living cost
28 839
28 839
28 839
28 839
Free-cash
66 069
60 872
67 481
71 256

Estimated living cost  is ₽28839 per week

₽16725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94472
₽88757
₽89244
₽90413
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
health
-
-
-
12 425
social contributions
-
-
-
24 564
income
-
-
-
26 700
total
-
-
-
63 689
Employee
31 723
-
178 000
-
social contributions
4 378
-
24 564
-
income
5 291
-
30 759
-
health
2 214
-
12 425
-
total
11 883
-
67 748
-
Employer
31 723
-
178 000
-
total
-
-
-
-
Corporate
146 277
178 000
-
-
income

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

7 313
8 901
-
-
total
7 313
8 901
-
-
Dividends
138 964
169 099
-
-
withholding
20 844
25 365
-
-
social contributions
19 177
23 335
-
-
health
9 700
11 803
-
-
total
49 721
60 503
-
-
Income
178 000
178 000
178 000
178 000
Total tax
68 917
69 404
67 748
63 689
After tax
109 083
108 596
110 252
114 311
Living cost
19 839
19 839
19 839
19 839
Free-cash
89 244
88 757
90 413
94 472

Estimated living cost  is ₽19839 per week

₽13277
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.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58428
₽65394
₽63947
₽14042
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
pensions
-
-
-
20 221
health
-
-
-
8 361
surtax
-
-
-
185
unemployment
-
-
-
5 738
income
-
-
-
51 388
chamber of commerce
-
-
-
712
total
-
-
-
86 605
Employee
46 757
37 285
143 838
-
pensions
4 789
3 817
11 193
-
other
467
373
1 094
-
unemployment
1 403
1 119
3 279
-
income
5 323
2 750
41 964
-
health
1 809
1 443
4 229
-
total
13 791
9 502
61 759
-
Employer
46 757
37 285
143 838
-
payroll
1 403
1 119
4 314
-
chamber of commerce
186
149
575
-
pensions
5 868
4 680
13 717
-
surtax
185
185
185
-
other
2 221
1 770
6 539
-
unemployment
1 403
1 119
3 279
-
accident
607
485
1 420
-
health
1 767
1 410
4 132
-
total
13 640
10 917
34 161
-
Corporate
117 603
129 799
140 287
-
income

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

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

29 400
32 449
35 071
-
total
29 400
32 449
35 071
-
Dividends
88 203
97 350
-
-
withholding
24 255
26 771
-
-
total
24 255
26 771
-
-
Income
178 000
178 000
178 000
178 000
Total tax
81 086
79 639
130 991
86 605
After tax
96 914
98 361
47 009
91 395
Living cost
32 967
32 967
32 967
32 967
Free-cash
63 947
65 394
14 042
58 428

Estimated living cost  is ₽32967 per week

₽21988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43143
₽65379
₽51378
₽27818
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
social contributions
-
-
-
23 326
communal

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

-
-
-
9 280
national
-
-
-
68 138
total
-
-
-
100 744
Employee

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

66 925
-
137 865
-
national
20 575
-
50 722
-
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.

5 019
-
10 340
-
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.

582
-
1 200
-
communal

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

3 491
-
7 191
-
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.

3 144
-
6 481
-
total
32 811
-
75 934
-
Employer

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

66 925
-
137 865
-
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.

5 930
-
12 215
-
surtax
7 588
-
15 635
-
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.

977
-
2 013
-
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.

870
-
1 791
-
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.

4 116
-
8 480
-
total
19 481
-
40 134
-
Corporate
91 595
178 000
-
-
income
18 320
35 641
-
-
surtax
366
712
-
-
total
18 686
36 353
-
-
Dividends
72 909
141 647
-
-
withholding

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

21 531
42 154
-
-
total
21 531
42 154
-
-
Income
178 000
178 000
178 000
178 000
Total tax
92 509
78 507
116 068
100 744
After tax
85 491
99 493
61 932
77 256
Living cost
34 114
34 114
34 114
34 114
Free-cash
51 378
65 379
27 818
43 143

Estimated living cost  is ₽34114 per week

₽21973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2983
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8624
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65957
₽84700
₽78293
₽62031
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
pensions
-
-
-
24 541
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
781
income
-
-
-
52 238
total
-
-
-
78 254
Employee
46 572
-
150 354
-
pensions
2 189
-
4 077
-
other
46
-
87
-
unemployment
723
-
1 344
-
income
9 826
-
49 026
-
total
12 784
-
54 534
-
Employer
46 572
-
150 354
-
pensions
10 990
-
20 466
-
other
371
-
694
-
unemployment
2 562
-
4 769
-
accident
921
-
1 717
-
total
14 844
-
27 646
-
Corporate
116 583
178 000
-
-
income

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

17 487
26 700
-
-
total
17 487
26 700
-
-
Dividends
99 096
151 300
-
-
withholding
20 803
32 811
-
-
total
20 803
32 811
-
-
Income
178 000
178 000
178 000
178 000
Total tax
65 918
59 511
82 180
78 254
After tax
112 082
118 489
95 820
99 746
Living cost
33 789
33 789
33 789
33 789
Free-cash
78 293
84 700
62 031
65 957

Estimated living cost  is ₽33789 per week

₽24882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2397
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.
₽6022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35682
₽52324
₽39939
₽42778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
pensions
-
-
-
26 680
health
-
-
-
12 507
surtax
-
-
-
8 824
accident
-
-
-
1 500
communal
-
-
-
11 250
income
-
-
-
30 712
total
-
-
-
91 473
Employee
70 853
-
159 000
-
surtax
4 343
-
9 744
-
pensions
5 667
-
12 720
-
income
6 844
-
35 838
-
health
3 153
-
7 075
-
total
20 007
-
65 377
-
Employer
70 853
-
159 000
-
pensions
5 667
-
12 720
-
accident
637
-
1 431
-
health
2 161
-
4 849
-
total
8 465
-
19 000
-
Corporate
98 682
178 000
-
-
communal
6 662
12 015
-
-
income
14 802
26 700
-
-
surtax
1 037
1 870
-
-
total
22 501
40 585
-
-
Dividends
76 181
137 416
-
-
withholding
11 427
20 612
-
-
income
24 816
13 634
-
-
total
36 243
34 246
-
-
Income
178 000
178 000
178 000
178 000
Total tax
87 216
74 831
84 377
91 473
After tax
90 784
103 169
93 623
86 527
Living cost
50 845
50 845
50 845
50 845
Free-cash
39 939
52 324
42 778
35 682

Estimated living cost  is ₽50845 per week

₽38141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63043
₽90947
₽87969
₽57323
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
pensions
-
-
-
24 974
health
-
-
-
8 865
surtax
-
-
-
8 252
other
-
-
-
-
unemployment
-
-
-
213
income
-
-
-
51 638
total
-
-
-
93 942
Employee
31 508
-
151 716
-
surtax
112
-
7 132
-
pensions
2 102
-
8 329
-
other
-
-
-
-
unemployment
2 193
-
8 691
-
income
5 282
-
46 042
-
health
804
-
3 183
-
total
10 493
-
73 377
-
Employer
31 508
-
151 716
-
pensions
4 201
-
16 645
-
other
-
-
-
-
unemployment
1 000
-
3 958
-
health
1 433
-
5 682
-
total
6 634
-
26 285
-
Corporate
139 859
178 000
-
-
income
36 364
46 280
-
-
total
36 364
46 280
-
-
Dividends
103 495
131 720
-
-
withholding
15 525
19 758
-
-
total
15 525
19 758
-
-
Income
178 000
178 000
178 000
178 000
Total tax
69 016
66 038
99 662
93 942
After tax
108 984
111 962
78 338
84 058
Living cost
21 015
21 015
21 015
21 015
Free-cash
87 969
90 947
57 323
63 043

Estimated living cost  is ₽21015 per week

₽12688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58528
₽68357
₽66283
₽50528
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
municipal
-
-
-
1 058
regional
-
-
-
2 684
social contributions
-
-
-
45 781
national
-
-
-
44 746
total
-
-
-
94 269
Employee
51 900
-
178 000
-
social contributions
17 501
-
60 022
-
municipal
275
-
945
-
regional
699
-
2 394
-
national
8 222
-
38 908
-
total
26 697
-
102 269
-
Employer
51 900
-
178 000
-
total
-
-
-
-
Corporate
126 100
178 000
-
-
nationa
30 263
42 720
-
-
municipal
6 267
8 847
-
-
total
36 530
51 567
-
-
Dividends
89 570
126 433
-
-
withholding
23 287
32 873
-
-
total
23 287
32 873
-
-
Income
178 000
178 000
178 000
178 000
Total tax
86 514
84 440
102 269
94 269
After tax
91 486
93 560
75 731
83 731
Living cost
25 203
25 203
25 203
25 203
Free-cash
66 283
68 357
50 528
58 528

Estimated living cost  is ₽25203 per week

₽15674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73391
₽93915
₽83698
₽65789
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
health
-
-
-
24 030
social contributions
-
-
-
33 442
solidarity contribution
-
-
-
420
income
-
-
-
18 079
total
-
-
-
75 971
Employee
42 115
-
137 035
-
social contributions
2 737
-
7 444
-
income
5 054
-
16 664
-
solidarity contribution
-
-
-
-
health
5 686
-
18 500
-
total
13 477
-
42 608
-
Employer
42 115
-
137 035
-
social contributions
10 529
-
28 632
-
health
3 790
-
12 333
-
total
14 319
-
40 965
-
Corporate
121 566
178 000
-
-
income
23 098
33 820
-
-
total
23 098
33 820
-
-
Dividends
98 468
144 180
-
-
withholding
14 770
21 627
-
-
total
14 770
21 627
-
-
Income
178 000
178 000
178 000
178 000
Total tax
65 664
55 447
83 573
75 971
After tax
112 336
122 553
94 427
102 029
Living cost
28 638
28 638
28 638
28 638
Free-cash
83 698
93 915
65 789
73 391

Estimated living cost  is ₽28638 per week

₽21297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61731
₽68612
₽68151
₽17206
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
pensions
-
-
-
20 221
health
-
-
-
8 361
surtax
-
-
-
-
unemployment
-
-
-
5 738
income
-
-
-
51 388
chamber of commerce
-
-
-
712
total
-
-
-
86 420
Employee
40 898
37 285
144 012
-
pensions
4 188
3 817
11 193
-
other
408
373
1 094
-
unemployment
1 227
1 119
3 279
-
income
3 643
2 750
42 047
-
health
1 582
1 443
4 229
-
total
11 048
9 502
61 842
-
Employer
40 898
37 285
144 012
-
payroll
1 227
1 119
4 320
-
chamber of commerce
163
149
575
-
pensions
5 133
4 680
13 717
-
surtax
-
-
-
-
other
1 942
1 770
6 544
-
unemployment
1 227
1 119
3 279
-
accident
531
485
1 420
-
health
1 546
1 410
4 132
-
total
11 769
10 732
33 987
-
Corporate
125 332
129 984
140 461
-
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.

31 334
32 495
35 116
-
total
31 334
32 495
35 116
-
Dividends
93 998
97 489
-
-
withholding
25 849
26 810
-
-
total
25 849
26 810
-
-
Income
178 000
178 000
178 000
178 000
Total tax
80 000
79 539
130 945
86 420
After tax
98 000
98 461
47 055
91 580
Living cost
29 849
29 849
29 849
29 849
Free-cash
68 151
68 612
17 206
61 731

Estimated living cost  is ₽29849 per week

₽17906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164327
₽157207
₽154977
₽130507
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
178 000
microenterprise

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

-
-
-
1 780
total
-
-
-
1 780
Employee
14 866
-
178 000
-
income
2 973
-
35 600
-
total
2 973
-
35 600
-
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%.

163 134
178 000
-
-
total
-
-
-
-
Dividends
163 134
178 000
-
-
withholding
8 157
8 900
-
-
total
8 157
8 900
-
-
Income
178 000
178 000
178 000
178 000
Total tax
11 130
8 900
35 600
1 780
After tax
166 870
169 100
142 400
176 220
Living cost
11 893
11 893
11 893
11 893
Free-cash
154 977
157 207
130 507
164 327

Estimated living cost  is ₽11893 per week

₽8048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60974
₽97458
₽89630
₽56456
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
178 000
pensions
-
-
-
32 507
health
-
-
-
17 515
unemployment
-
-
-
266
income
-
-
-
41 643
total
-
-
-
91 931
Employee

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

41 373
-
154 018
-
pensions
6 413
-
23 873
-
unemployment
59
-
215
-
income
7 135
-
38 430
-
health
2 672
-
9 950
-
total
16 279
-
72 468
-
Employer

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

41 373
-
154 018
-
pensions
3 661
-
13 630
-
unemployment
25
-
92
-
health
2 756
-
10 259
-
total
6 442
-
23 981
-
Corporate
130 186
178 000
-
-
income
24 736
33 820
-
-
total
24 736
33 820
-
-
Dividends
105 450
144 180
-
-
withholding
15 818
21 627
-
-
total
15 818
21 627
-
-
Income
178 000
178 000
178 000
178 000
Total tax
63 275
55 447
96 449
91 931
After tax
114 725
122 553
81 551
86 069
Living cost
25 095
25 095
25 095
25 095
Free-cash
89 630
97 458
56 456
60 974

Estimated living cost  is ₽25095 per week

₽17222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1609
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.
₽5779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82210
₽67493
₽22514
₽124758
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
social contributions
-
-
-
20 292
income
-
-
-
34 696
total
-
-
-
54 988
Employee
58 504
-
-
-
social contributions
4 797
-
684
-
income
12 905
-
-
-
total
17 702
-
684
-
Employer
58 504
-
-
-
social contributions
82 491
-
11 756
-
total
82 491
-
11 756
-
Corporate
37 005
178 000
-
-
income
8 141
39 160
-
-
total
8 141
39 160
-
-
Dividends
28 864
138 840
-
-
income
6 350
30 545
-
-
total
6 350
30 545
-
-
Income
178 000
178 000
178 000
178 000
Total tax
114 684
69 705
12 440
54 988
After tax
63 316
108 295
165 560
123 012
Living cost
40 802
40 802
40 802
40 802
Free-cash
22 514
67 493
124 758
82 210

Estimated living cost  is ₽40802 per week

₽26474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65134
₽71901
₽70957
₽51638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
178 000
surtax
-
-
-
-
social contributions

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

-
-
-
61 855
income
-
-
-
21 664
total
-
-
-
83 519
Employee
43 031
-
143 838
-
social contributions
4 733
-
15 821
-
surtax
-
-
-
-
income
8 951
-
47 032
-
total
13 684
-
62 853
-
Employer
43 031
-
143 838
-
social contributions
10 220
-
34 162
-
total
10 220
-
34 162
-
Corporate
124 750
178 000
-
-
income
26 197
37 379
-
-
surtax
-
-
-
-
total
26 197
37 379
-
-
Dividends
98 552
140 621
-
-
withholding
27 595
39 373
-
-
total
27 595
39 373
-
-
Income
178 000
178 000
178 000
178 000
Total tax
77 696
76 752
97 015
83 519
After tax
100 304
101 248
80 985
94 481
Living cost
29 347
29 347
29 347
29 347
Free-cash
70 957
71 901
51 638
65 134

Estimated living cost  is ₽29347 per week

₽21958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
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.
₽5168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54906
₽44522
₽50953
₽51131
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
pensions
-
-
-
30 482
health
-
-
-
7 938
surtax
-
-
-
-
other
-
-
-
5 518
social contributions
-
-
-
5 071
income
-
-
-
28 896
total
-
-
-
77 905
Employee
58 599
-
137 190
-
social contributions
1 669
-
3 910
-
surtax
-
-
-
-
pensions
6 628
-
9 776
-
income
5 113
-
27 189
-
total
13 410
-
40 875
-
Employer
58 599
-
137 190
-
pensions
9 628
-
16 413
-
social contributions
176
-
412
-
other
2 022
-
5 451
-
unemployment
2 374
-
5 556
-
health
4 101
-
12 973
-
total
18 301
-
40 805
-
Corporate
101 099
178 000
-
-
income
28 308
49 840
-
-
surtax
-
-
-
-
total
28 308
49 840
-
-
Dividends
72 791
128 160
-
-
withholding
9 318
16 404
-
-
surtax
-
-
-
-
social contributions
12 521
22 045
-
-
total
21 839
38 449
-
-
Income
178 000
178 000
178 000
178 000
Total tax
81 858
88 289
81 680
77 905
After tax
96 142
89 711
96 320
100 095
Living cost
45 189
45 189
45 189
45 189
Free-cash
50 953
44 522
51 131
54 906

Estimated living cost  is ₽45189 per week

₽30583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10289
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102515
₽132077
₽128933
₽107244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
social contributions
-
-
-
39 158
income
-
-
-
8 203
total
-
-
-
47 361
Employee
30 079
-
154 113
-
social contributions
1 955
-
10 017
-
income
-
-
8 728
-
total
1 955
-
18 745
-
Employer
30 079
-
154 113
-
social contributions
4 662
-
23 887
-
total
4 662
-
23 887
-
Corporate
143 259
178 000
-
-
income
14 326
17 799
-
-
total
14 326
17 799
-
-
Dividends
128 932
160 201
-
-
total
-
-
-
-
Income
178 000
178 000
178 000
178 000
Total tax
20 943
17 799
42 632
47 361
After tax
157 057
160 201
135 368
130 639
Living cost
28 124
28 124
28 124
28 124
Free-cash
128 933
132 077
107 244
102 515

Estimated living cost  is ₽28124 per week

₽18185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2120
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.
₽7290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59198
-₽25622
-₽25622
-₽25622
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
municipal
-
-
-
37 476
pensions
-
-
-
810
labour market
-
-
-
14 175
national
-
-
-
21 332
total
-
-
-
73 793
Employee
189 972
189 972
189 972
-
municipal
40 453
40 453
40 453
-
national
23 209
23 209
23 209
-
pensions
270
270
270
-
labour market
15 176
15 176
15 176
-
total
79 108
79 108
79 108
-
Employer
189 972
189 972
189 972
-
labour market
15 198
15 198
15 198
-
pensions
540
540
540
-
municipal
40 518
40 518
40 518
-
national
23 249
23 249
23 249
-
total
79 505
79 505
79 505
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
178 000
178 000
178 000
178 000
Total tax
158 613
158 613
158 613
73 793
After tax
19 387
19 387
19 387
104 207
Living cost
45 009
45 009
45 009
45 009
Free-cash
-25 622
-25 622
-25 622
59 198

Estimated living cost  is ₽45009 per week

₽30805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101017
-₽6209
₽11254
₽76423
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
pensions
-
-
-
3 960
health
-
-
-
2 075
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
49 728
total
-
-
-
56 356
Employee
32 447
-
160 887
-
pensions
3 654
-
7 260
-
income
4 451
-
38 155
-
health
3 715
-
18 422
-
total
11 820
-
63 837
-
Employer
32 447
-
160 887
-
pensions
5 276
-
10 484
-
unemployment
795
-
3 942
-
accident
542
-
2 687
-
total
6 613
-
17 113
-
Corporate
138 940
178 000
-
-
income

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

125 046
160 200
-
-
total
125 046
160 200
-
-
Dividends
13 894
17 800
-
-
withholding
2 640
3 382
-
-
total
2 640
3 382
-
-
Income
178 000
178 000
178 000
178 000
Total tax
146 119
163 582
80 950
56 356
After tax
31 881
14 418
97 050
121 644
Living cost
20 627
20 627
20 627
20 627
Free-cash
11 254
-6 209
76 423
101 017

Estimated living cost  is ₽20627 per week

₽15014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4050
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76971
₽74798
₽77466
₽56582
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
178 000
municipal
-
-
-
31 616
health
-
-
-
2 351
national
-
-
-
31 141
total
-
-
-
65 108
Employee
49 224
-
149 745
-
municipal
8 063
-
24 386
-
national
813
-
18 586
-
pensions
3 322
-
10 108
-
unemployment
739
-
2 246
-
health
368
-
1 916
-
total
13 305
-
57 242
-
Employer
49 224
-
149 745
-
pensions
8 540
-
25 981
-
unemployment
320
-
973
-
accident
50
-
149
-
health
378
-
1 152
-
total
9 288
-
28 255
-
Corporate
119 488
178 000
-
-
income
23 898
35 600
-
-
total
23 898
35 600
-
-
Dividends

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

71 692
106 800
-
-
municipal
12 904
19 223
-
-
national
5 218
12 458
-
-
total
18 122
31 681
-
-
Income
178 000
178 000
178 000
178 000
Total tax
64 613
67 281
85 497
65 108
After tax
113 387
110 719
92 503
112 892
Living cost
35 921
35 921
35 921
35 921
Free-cash
77 466
74 798
56 582
76 971

Estimated living cost  is ₽35921 per week

₽23463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3455
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8432
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99341
₽108147
₽103056
₽97808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
health
-
-
-
4 538
social contributions
-
-
-
15 138
income
-
-
-
37 321
total
-
-
-
56 997
Employee
71 944
71 944
166 859
-
social contributions
2 720
5 971
8 054
-
income
7 833
6 660
36 497
-
health
558
1 223
2 837
-
total
11 111
13 854
47 388
-
Employer
71 944
71 944
166 859
-
social contributions
2 720
5 971
8 054
-
health
605
1 332
3 088
-
total
3 325
7 303
11 142
-
Corporate
141 902
98 754
-
-
income
17 737
12 345
-
-
total
17 737
12 345
-
-
Dividends
124 164
86 409
-
-
withholding
21 109
14 689
-
-
total
21 109
14 689
-
-
Income
178 000
178 000
178 000
178 000
Total tax
53 282
48 191
58 530
56 997
After tax
124 718
129 809
119 470
121 003
Living cost
21 662
21 662
21 662
21 662
Free-cash
103 056
108 147
97 808
99 341

Estimated living cost  is ₽21662 per week

₽12982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135563
₽132546
₽127787
₽116795
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
178 000
pensions
-
-
-
5 951
health
-
-
-
3 386
unemployment
-
-
-
27
income
-
-
-
18 218
total
-
-
-
27 582
Employee

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

21 475
-
168 856
-
pensions
3 221
-
13 316
-
unemployment
107
-
444
-
income
1 468
-
15 900
-
health
1 825
-
7 546
-
total
6 621
-
37 206
-
Employer

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

21 475
-
168 856
-
pensions
1 181
-
4 883
-
unemployment
107
-
444
-
health
923
-
3 817
-
total
2 211
-
9 144
-
Corporate
154 314
178 000
-
-
income
13 888
16 020
-
-
total
13 888
16 020
-
-
Dividends
140 426
161 980
-
-
withholding
12 638
14 579
-
-
total
12 638
14 579
-
-
Income
178 000
178 000
178 000
178 000
Total tax
35 358
30 599
46 350
27 582
After tax
142 642
147 401
131 650
150 418
Living cost
14 855
14 855
14 855
14 855
Free-cash
127 787
132 546
116 795
135 563

Estimated living cost  is ₽14855 per week

₽9478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74018
₽92761
₽88629
₽70092
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
pensions
-
-
-
24 541
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
781
income
-
-
-
52 238
total
-
-
-
78 254
Employee
34 595
-
150 354
-
pensions
1 626
-
4 077
-
other
34
-
87
-
unemployment
536
-
1 344
-
income
6 670
-
49 026
-
total
8 866
-
54 534
-
Employer
34 595
-
150 354
-
pensions
8 164
-
20 466
-
other
277
-
694
-
unemployment
1 903
-
4 769
-
accident
685
-
1 717
-
total
11 029
-
27 646
-
Corporate
132 376
178 000
-
-
income

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

19 857
26 700
-
-
total
19 857
26 700
-
-
Dividends
112 519
151 300
-
-
withholding
23 891
32 811
-
-
total
23 891
32 811
-
-
Income
178 000
178 000
178 000
178 000
Total tax
63 643
59 511
82 180
78 254
After tax
114 357
118 489
95 820
99 746
Living cost
25 728
25 728
25 728
25 728
Free-cash
88 629
92 761
70 092
74 018

Estimated living cost  is ₽25728 per week

₽17366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2473
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112810
₽109251
₽108952
₽112680
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
pensions
-
-
-
1 328
health
-
-
-
963
income
-
-
-
61 078
total
-
-
-
63 369
Employee
2 773
-
176 506
-
pensions
250
-
598
-
unemployment
28
-
66
-
income
536
-
61 009
-
health
139
-
332
-
total
953
-
62 005
-
Employer
2 773
-
176 506
-
pensions
305
-
730
-
unemployment
55
-
133
-
health
263
-
631
-
total
623
-
1 494
-
Corporate
174 603
178 000
-
-
income
38 413
39 160
-
-
total
38 413
39 160
-
-
Dividends
136 190
138 840
-
-
withholding
27 238
27 768
-
-
total
27 238
27 768
-
-
Income
178 000
178 000
178 000
178 000
Total tax
67 227
66 928
63 499
63 369
After tax
110 773
111 072
114 501
114 631
Living cost
1 821
1 821
1 821
1 821
Free-cash
108 952
109 251
112 680
112 810

Estimated living cost  is ₽1821 per week

₽1082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95106
₽112431
₽107828
₽95106
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
178 000
pensions
-
-
-
17 971
health
-
-
-
7 119
unemployment
-
-
-
1 037
income
-
-
-
40 593
total
-
-
-
66 720
Employee

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

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

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

24 390
-
165 628
-
pensions
3 415
-
9 677
-
unemployment
183
-
518
-
income
3 362
-
40 593
-
health
1 256
-
3 560
-
total
8 216
-
54 348
-
Employer

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

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

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

24 390
-
165 628
-
pensions
2 927
-
8 294
-
unemployment
183
-
518
-
health
1 256
-
3 560
-
total
4 366
-
12 372
-
Corporate
149 244
178 000
-
-
income
22 387
26 700
-
-
total
22 387
26 700
-
-
Dividends
126 857
151 300
-
-
withholding
19 029
22 695
-
-
total
19 029
22 695
-
-
Income
178 000
178 000
178 000
178 000
Total tax
53 998
49 395
66 720
66 720
After tax
124 002
128 605
111 280
111 280
Living cost
16 174
16 174
16 174
16 174
Free-cash
107 828
112 431
95 106
95 106

Estimated living cost  is ₽16174 per week

₽10890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69258
₽76025
₽75686
₽55762
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
178 000
surtax
-
-
-
-
social contributions

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

-
-
-
61 855
income
-
-
-
21 664
total
-
-
-
83 519
Employee
36 313
-
143 838
-
social contributions
3 995
-
15 821
-
surtax
-
-
-
-
income
7 095
-
47 032
-
total
11 090
-
62 853
-
Employer
36 313
-
143 838
-
social contributions
8 624
-
34 162
-
total
8 624
-
34 162
-
Corporate
133 063
178 000
-
-
income
27 943
37 379
-
-
surtax
-
-
-
-
total
27 943
37 379
-
-
Dividends
105 121
140 621
-
-
withholding
29 434
39 373
-
-
total
29 434
39 373
-
-
Income
178 000
178 000
178 000
178 000
Total tax
77 091
76 752
97 015
83 519
After tax
100 909
101 248
80 985
94 481
Living cost
25 223
25 223
25 223
25 223
Free-cash
75 686
76 025
55 762
69 258

Estimated living cost  is ₽25223 per week

₽17865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽66865
₽85608
₽79485
₽62939
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
pensions
-
-
-
24 541
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
781
income
-
-
-
52 238
total
-
-
-
78 254
Employee
45 186
-
150 354
-
pensions
2 123
-
4 077
-
other
44
-
87
-
unemployment
700
-
1 344
-
income
9 438
-
49 026
-
total
12 305
-
54 534
-
Employer
45 186
-
150 354
-
pensions
10 664
-
20 466
-
other
362
-
694
-
unemployment
2 486
-
4 769
-
accident
895
-
1 717
-
total
14 407
-
27 646
-
Corporate
118 408
178 000
-
-
income

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

17 762
26 700
-
-
total
17 762
26 700
-
-
Dividends
100 646
151 300
-
-
withholding
21 160
32 811
-
-
total
21 160
32 811
-
-
Income
178 000
178 000
178 000
178 000
Total tax
65 634
59 511
82 180
78 254
After tax
112 366
118 489
95 820
99 746
Living cost
32 881
32 881
32 881
32 881
Free-cash
79 485
85 608
62 939
66 865

Estimated living cost  is ₽32881 per week

₽23614
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.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6248
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126480
₽136096
₽130396
₽133605
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
pensions

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

-
-
-
4 837
health
-
-
-
3 758
unemployment
-
-
-
131
income
-
-
-
26 700
total
-
-
-
35 426
Employee
21 311
-
171 588
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 871
-
2 869
-
income
2 131
-
17 159
-
health
980
-
1 503
-
total
5 216
-
21 890
-
Employer
21 311
-
171 588
-
pensions

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

2 348
-
3 601
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 471
-
2 255
-
total
4 181
-
6 411
-
Corporate
152 508
178 000
-
-
income
15 250
17 800
-
-
total
15 250
17 800
-
-
Dividends
137 257
160 200
-
-
withholding
6 863
8 010
-
-
total
6 863
8 010
-
-
Income
178 000
178 000
178 000
178 000
Total tax
31 510
25 810
28 301
35 426
After tax
146 490
152 190
149 699
142 574
Living cost
16 094
16 094
16 094
16 094
Free-cash
130 396
136 096
133 605
126 480

Estimated living cost  is ₽16094 per week

₽10644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56593
₽55466
₽67703
₽75894
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
178 000
trade
-
-
-
19 301
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.

-
-
-
6 392
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.

-
-
-
3 107
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.

-
-
-
56 486
total
-
-
-
85 286
Employee

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

46 552
-
178 000
-
surtax

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

211
-
3 107
-
income

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

3 828
-
56 486
-
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.

6 392
-
6 392
-
total
10 431
-
65 985
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
131 448
178 000
-
-
trade
18 863
25 542
-
-
income
19 717
26 700
-
-
chamber of commerce
336
403
-
-
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.

1 085
1 468
-
-
total
40 001
54 113
-
-
Dividends
91 448
123 887
-
-
withholding
22 506
30 617
-
-
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.

1 238
1 683
-
-
total
23 744
32 300
-
-
Income
178 000
178 000
178 000
178 000
Total tax
74 176
86 413
65 985
85 286
After tax
103 824
91 587
112 015
92 714
Living cost
36 121
36 121
36 121
36 121
Free-cash
67 703
55 466
75 894
56 593

Estimated living cost  is ₽36121 per week

₽24917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38966
₽71305
₽73370
₽38966
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
social contributions
-
-
-
30 002
income
-
-
-
55 736
total
-
-
-
85 738
Employee
73 185
-
178 000
-
social contributions
6 080
-
30 002
-
income
13 810
-
55 736
-
total
19 890
-
85 738
-
Employer
73 185
-
178 000
-
total
-
-
-
-
Corporate
104 815
178 000
-
-
income
13 101
22 250
-
-
total
13 101
22 250
-
-
Dividends
91 713
155 750
-
-
withholding
18 343
31 149
-
-
total
18 343
31 149
-
-
Income
178 000
178 000
178 000
178 000
Total tax
51 334
53 399
85 738
85 738
After tax
126 666
124 601
92 262
92 262
Living cost
53 296
53 296
53 296
53 296
Free-cash
73 370
71 305
38 966
38 966

Estimated living cost  is ₽53296 per week

₽40547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111599
₽76794
₽80065
₽91793
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
178 000
health

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

-
-
-
5 738
income
-
-
-
26 700
total
-
-
-
32 438
Employee
42 920
-
173 696
-
social contributions
4 300
-
4 304
-
income
4 657
-
43 636
-
total
8 957
-
47 940
-
Employer
42 920
-
173 696
-
social contributions
4 300
-
4 304
-
total
4 300
-
4 304
-
Corporate
130 780
178 000
-
-
income
45 772
62 300
-
-
total
45 772
62 300
-
-
Dividends
85 007
115 700
-
-
social contributions
4 943
4 943
-
-
total
4 943
4 943
-
-
Income
178 000
178 000
178 000
178 000
Total tax
63 972
67 243
52 244
32 438
After tax
114 028
110 757
125 756
145 562
Living cost
33 963
33 963
33 963
33 963
Free-cash
80 065
76 794
91 793
111 599

Estimated living cost  is ₽33963 per week

₽22371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8393
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82706
₽80655
₽86093
₽66684
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
pensions
-
-
-
8 588
income
-
-
-
52 597
total
-
-
-
61 185
Employee
46 820
-
155 344
-
pensions
3 573
-
10 444
-
income
8 526
-
41 917
-
health
611
-
2 189
-
total
12 710
-
54 550
-
Employer
46 820
-
155 344
-
pensions
4 730
-
19 706
-
health
890
-
2 951
-
total
5 620
-
22 657
-
Corporate
125 560
178 000
-
-
income

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

23 856
33 820
-
-
total
23 856
33 820
-
-
Dividends
101 705
144 180
-
-
withholding
15 612
29 416
-
-
total
15 612
29 416
-
-
Income
178 000
178 000
178 000
178 000
Total tax
57 798
63 236
77 207
61 185
After tax
120 202
114 764
100 793
116 815
Living cost
34 109
34 109
34 109
34 109
Free-cash
86 093
80 655
66 684
82 706

Estimated living cost  is ₽34109 per week

₽23399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽98975
-₽8251
₽10942
₽74381
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
pensions
-
-
-
3 960
health
-
-
-
2 075
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
49 728
total
-
-
-
56 356
Employee
35 659
-
160 887
-
pensions
4 015
-
7 260
-
income
4 892
-
38 155
-
health
4 083
-
18 422
-
total
12 990
-
63 837
-
Employer
35 659
-
160 887
-
pensions
5 798
-
10 484
-
unemployment
874
-
3 942
-
accident
595
-
2 687
-
total
7 267
-
17 113
-
Corporate
135 074
178 000
-
-
income

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

121 566
160 200
-
-
total
121 566
160 200
-
-
Dividends
13 508
17 800
-
-
withholding
2 566
3 382
-
-
total
2 566
3 382
-
-
Income
178 000
178 000
178 000
178 000
Total tax
144 389
163 582
80 950
56 356
After tax
33 611
14 418
97 050
121 644
Living cost
22 669
22 669
22 669
22 669
Free-cash
10 942
-8 251
74 381
98 975

Estimated living cost  is ₽22669 per week

₽16637
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94761
₽123555
₽132802
₽115297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
178 000
pensions
-
-
-
27 481
health insurance
-
-
-
11 052
work injury
-
-
-
747
unemployment
-
-
-
1 792
income
-
-
-
29 552
total
-
-
-
70 624
Employee

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

20 184
-
178 000
-
pensions
3 714
-
13 741
-
health insurance
1 494
-
5 526
-
unemployment
242
-
896
-
income
2 018
-
29 552
-
work injury
101
-
373
-
total
7 569
-
50 088
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
157 816
178 000
-
-
income

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

1 578
17 800
-
-
total
1 578
17 800
-
-
Dividends
156 238
160 200
-
-
withholding
23 436
24 030
-
-
total
23 436
24 030
-
-
Income
178 000
178 000
178 000
178 000
Total tax
32 583
41 830
50 088
70 624
After tax
145 417
136 170
127 912
107 376
Living cost
12 615
12 615
12 615
12 615
Free-cash
132 802
123 555
115 297
94 761

Estimated living cost  is ₽12615 per week

₽7815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3490
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44919
₽56487
₽52230
₽37104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
municipal
-
-
-
1 190
regional
-
-
-
4 092
social contributions
-
-
-
45 781
national
-
-
-
44 746
total
-
-
-
95 809
Employee
78 840
-
178 000
-
social contributions
26 584
-
60 022
-
municipal
471
-
1 062
-
regional
1 190
-
3 632
-
national
13 323
-
38 908
-
total
41 568
-
103 624
-
Employer
78 840
-
178 000
-
total
-
-
-
-
Corporate
99 160
178 000
-
-
nationa
23 799
42 720
-
-
municipal
4 780
8 579
-
-
total
28 579
51 299
-
-
Dividends
70 581
126 701
-
-
withholding
18 351
32 942
-
-
total
18 351
32 942
-
-
Income
178 000
178 000
178 000
178 000
Total tax
88 498
84 241
103 624
95 809
After tax
89 502
93 759
74 376
82 191
Living cost
37 272
37 272
37 272
37 272
Free-cash
52 230
56 487
37 104
44 919

Estimated living cost  is ₽37272 per week

₽26181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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