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
₽59313
₽82521
₽61851
₽70437
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
55 114
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.

-
-
-
3 031
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.

-
-
-
6 871
trade
-
-
-
20 670
total
-
-
-
85 686
Employee

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

38 468
-
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.

59
-
3 031
-
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.

1 075
-
55 114
-
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.

6 871
-
6 871
-
total
8 005
-
65 016
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
139 532
178 000
-
-
income
20 930
26 699
-
-
surtax

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

1 151
1 468
-
-
chamber of commerce
353
408
-
-
trade
21 976
28 035
-
-
total
44 410
56 610
-
-
Dividends
95 123
121 389
-
-
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.

1 286
1 649
-
-
withholding
23 399
29 965
-
-
total
24 685
31 614
-
-
Income
178 000
178 000
178 000
178 000
Total tax
77 100
88 224
65 016
85 686
After tax
100 900
89 776
112 984
92 314
Living cost
30 463
30 463
30 463
30 463
Free-cash
70 437
59 313
82 521
61 851

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57661
₽53134
₽51736
₽56772
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 914
municipal
-
-
-
19 446
national
-
-
-
30 133
pensions
-
-
-
21 360
total
-
-
-
72 853
Employee
82 797
-
153 879
-
municipal
10 227
-
20 135
-
pensions
3 312
-
6 155
-
national
15 847
-
31 201
-
total
29 386
-
57 491
-
Employer
82 797
-
153 879
-
pensions
6 624
-
12 310
-
social contributions
890
-
1 654
-
total
7 514
-
13 964
-
Corporate
82 225
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%.

16 445
35 600
-
-
total
16 445
35 600
-
-
Dividends
65 780
142 400
-
-
withholding
14 472
31 328
-
-
total
14 472
31 328
-
-
Income
178 000
178 000
178 000
178 000
Total tax
67 817
66 928
71 455
72 853
After tax
110 183
111 072
106 545
105 147
Living cost
53 411
53 411
53 411
53 411
Free-cash
56 772
57 661
53 134
51 736

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121477
₽53926
₽40572
₽113227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
32 579
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.

-
-
-
38 535
microenterprise
-
-
-
-
total
-
-
-
116 504
Employee
29 388
-
134 347
-
surtax
-
-
19 481
-
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.

3 233
-
13 185
-
income
5 231
-
26 831
-
total
8 464
-
59 497
-
Employer
29 388
-
134 347
-
social contributions

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

7 079
-
28 875
-
surtax
-
-
14 778
-
total
7 079
-
43 653
-
Corporate
141 533
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%.

28 306
35 599
-
-
total
28 306
35 599
-
-
Dividends

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

113 226
142 401
-
-
total
-
-
-
-
Income
178 000
178 000
178 000
178 000
Total tax
43 849
35 599
103 150
116 504
After tax
134 151
142 401
74 850
61 496
Living cost
20 924
20 924
20 924
20 924
Free-cash
113 227
121 477
53 926
40 572

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46007
₽69168
₽56080
₽39844
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
55 602
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
79 788
Employee
85 887
85 887
159 309
-
pensions
15 460
11 784
11 784
-
income

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

14 058
14 058
23 823
-
health
13 183
11 213
12 402
-
total
42 701
37 055
48 009
-
Employer
85 887
85 887
159 309
-
health
5 970
5 970
7 419
-
pensions
5 978
5 978
7 430
-
unemployment
3 092
3 092
3 842
-
total
15 040
15 040
18 691
-
Corporate
78 127
77 073
-
-
income
15 626
15 414
-
-
total
15 626
15 414
-
-
Dividends
62 501
61 660
-
-
income
13 282
13 103
-
-
withholding
9 375
9 249
-
-
total
22 657
22 352
-
-
Income
178 000
178 000
178 000
178 000
Total tax
96 024
89 861
66 700
79 788
After tax
81 976
88 139
111 300
98 212
Living cost
42 132
42 132
42 132
42 132
Free-cash
39 844
46 007
69 168
56 080

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55982
₽49438
₽50437
₽55057
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
181
other
-
-
-
10 494
unemployment
-
-
-
90
health
-
-
-
5 635
municipal
-
-
-
45 278
national
-
-
-
14 917
pensions
-
-
-
9 762
total
-
-
-
86 357
Employee
58 715
-
149 625
-
municipal
17 509
-
44 618
-
national
-
-
14 363
-
total
17 509
-
58 981
-
Employer
58 715
-
149 625
-
health
3 611
-
5 554
-
pensions
6 347
-
9 762
-
accident
117
-
181
-
unemployment
1 550
-
2 384
-
other
6 823
-
10 494
-
total
18 448
-
28 375
-
Corporate
100 837
178 000
-
-
income
22 184
39 160
-
-
total
22 184
39 160
-
-
Dividends
78 653
138 840
-
-
withholding
23 596
41 652
-
-
total
23 596
41 652
-
-
Income
178 000
178 000
178 000
178 000
Total tax
81 737
80 812
87 356
86 357
After tax
96 263
97 188
90 644
91 643
Living cost
41 206
41 206
41 206
41 206
Free-cash
55 057
55 982
49 438
50 437

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49348
₽73474
₽51886
₽63480
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
55 114
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.

-
-
-
3 031
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.

-
-
-
6 871
trade
-
-
-
21 588
total
-
-
-
86 604
Employee

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

51 004
-
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.

240
-
3 031
-
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.

4 382
-
55 114
-
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.

6 871
-
6 871
-
total
11 493
-
65 016
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
126 996
178 000
-
-
income
19 050
26 699
-
-
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.

1 048
1 468
-
-
chamber of commerce
334
407
-
-
trade
20 891
29 282
-
-
total
41 323
57 856
-
-
Dividends
85 674
120 145
-
-
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.

1 157
1 632
-
-
withholding
21 037
29 654
-
-
total
22 194
31 286
-
-
Income
178 000
178 000
178 000
178 000
Total tax
75 010
89 142
65 016
86 604
After tax
102 990
88 858
112 984
91 396
Living cost
39 510
39 510
39 510
39 510
Free-cash
63 480
49 348
73 474
51 886

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97229
₽87436
₽89000
₽93059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
35 567
social contributions
-
-
-
16 273
health
-
-
-
4 539
total
-
-
-
56 379
Employee
77 337
77 337
166 266
-
social contributions
3 758
6 419
8 657
-
income
8 121
7 159
34 725
-
health
769
1 315
2 827
-
total
12 648
14 893
46 209
-
Employer
77 337
77 337
166 266
-
health
838
1 431
3 077
-
social contributions
3 758
6 419
8 657
-
total
4 596
7 850
11 734
-
Corporate
128 134
92 813
-
-
income
16 017
11 602
-
-
total
16 017
11 602
-
-
Dividends
112 118
81 210
-
-
withholding
19 059
13 805
-
-
total
19 059
13 805
-
-
Income
178 000
178 000
178 000
178 000
Total tax
52 320
48 150
57 943
56 379
After tax
125 680
129 850
120 057
121 621
Living cost
32 621
32 621
32 621
32 621
Free-cash
93 059
97 229
87 436
89 000

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81537
₽84733
₽104855
₽81921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
21 760
unemployment
-
-
-
2 670
health
-
-
-
12 460
pensions
-
-
-
17 800
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.

26 641
10 603
148 954
-
unemployment
400
159
2 234
-
pensions
2 664
1 060
14 895
-
income
3 257
1 296
18 210
-
health
1 865
742
10 427
-
total
8 186
3 257
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.

26 641
10 603
148 954
-
pensions
5 195
2 068
29 046
-
total
5 195
2 068
29 046
-
Corporate
146 164
165 330
-
-
income
13 155
14 880
-
-
total
13 155
14 880
-
-
Dividends
133 010
150 450
-
-
social contributions
25 816
29 217
-
-
withholding
25 272
28 586
-
-
total
51 088
57 803
-
-
Income
178 000
178 000
178 000
178 000
Total tax
77 624
78 008
74 812
54 690
After tax
100 376
99 992
103 188
123 310
Living cost
18 455
18 455
18 455
18 455
Free-cash
81 921
81 537
84 733
104 855

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118108
₽78304
₽71116
₽111860
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
23 852
health
-
-
-
23 140
pensions
-
-
-
35 599
total
-
-
-
82 591
Employee
28 531
-
133 034
-
unemployment
456
-
2 128
-
pensions
571
-
2 661
-
income
3 212
-
25 650
-
total
4 239
-
30 439
-
Employer
28 531
-
133 034
-
health
3 708
-
17 294
-
pensions
5 707
-
26 606
-
unemployment
229
-
1 065
-
total
9 644
-
44 965
-
Corporate
139 824
178 000
-
-
income
27 965
35 599
-
-
total
27 965
35 599
-
-
Dividends
111 860
142 401
-
-
total
-
-
-
-
Income
178 000
178 000
178 000
178 000
Total tax
41 848
35 599
75 404
82 591
After tax
136 152
142 401
102 596
95 409
Living cost
24 292
24 292
24 292
24 292
Free-cash
111 860
118 108
78 304
71 116

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7982
₽74238
₽99287
₽10982
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
49 222
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
56 313
Employee
35 237
-
160 183
-
pensions
3 968
-
7 768
-
income
4 834
-
37 435
-
health
4 035
-
18 341
-
total
12 837
-
63 544
-
Employer
35 237
-
160 183
-
pensions
5 730
-
11 218
-
accident
588
-
2 675
-
unemployment
863
-
3 925
-
total
7 181
-
17 818
-
Corporate
135 582
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.

122 024
160 200
-
-
total
122 024
160 200
-
-
Dividends
13 558
17 800
-
-
withholding
2 576
3 382
-
-
total
2 576
3 382
-
-
Income
178 000
178 000
178 000
178 000
Total tax
144 618
163 582
81 362
56 313
After tax
33 382
14 418
96 638
121 687
Living cost
22 400
22 400
22 400
22 400
Free-cash
10 982
-7 982
74 238
99 287

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
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.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160960
₽134260
₽168080
₽159434
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 174
-
178 000
-
income
2 035
-
35 600
-
total
2 035
-
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%.

167 826
178 000
-
-
total
-
-
-
-
Dividends
167 826
178 000
-
-
withholding
8 391
8 900
-
-
total
8 391
8 900
-
-
Income
178 000
178 000
178 000
178 000
Total tax
10 426
8 900
35 600
1 780
After tax
167 574
169 100
142 400
176 220
Living cost
8 140
8 140
8 140
8 140
Free-cash
159 434
160 960
134 260
168 080

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103978
₽74060
₽72931
₽97182
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
27 570
other
-
-
-
7 264
health
-
-
-
6 730
pensions

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

-
-
-
36 706
total
-
-
-
78 270
Employee
36 518
-
142 172
-
unemployment
365
-
1 422
-
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.

2 556
-
9 953
-
income
6 287
-
27 946
-
health
512
-
1 991
-
total
9 720
-
41 312
-
Employer
36 518
-
142 172
-
health
512
-
1 991
-
pensions

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

6 209
-
24 170
-
accident
292
-
1 138
-
unemployment
365
-
1 422
-
other
1 827
-
7 108
-
total
9 205
-
35 829
-
Corporate
132 279
178 000
-
-
income
27 778
37 380
-
-
total
27 778
37 380
-
-
Dividends
104 501
140 620
-
-
withholding
7 316
9 843
-
-
total
7 316
9 843
-
-
Income
178 000
178 000
178 000
178 000
Total tax
54 019
47 223
77 141
78 270
After tax
123 981
130 777
100 859
99 730
Living cost
26 799
26 799
26 799
26 799
Free-cash
97 182
103 978
74 060
72 931

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
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.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49451
₽34931
₽51035
₽52774
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
51 074
pensions
-
-
-
9 032
total
-
-
-
60 106
Employee
94 595
-
155 475
-
pensions
9 126
-
11 097
-
income
17 052
-
40 341
-
health
1 559
-
2 246
-
total
27 737
-
53 684
-
Employer
94 595
-
155 475
-
health
1 797
-
2 955
-
pensions
11 169
-
19 571
-
total
12 966
-
22 526
-
Corporate
70 439
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.

13 384
33 820
-
-
total
13 384
33 820
-
-
Dividends
57 055
144 180
-
-
withholding
4 280
27 870
-
-
total
4 280
27 870
-
-
Income
178 000
178 000
178 000
178 000
Total tax
58 367
61 690
76 210
60 106
After tax
119 633
116 310
101 790
117 894
Living cost
66 859
66 859
66 859
66 859
Free-cash
52 774
49 451
34 931
51 035

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽138985
₽135689
₽128702
₽134306
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
26 700
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
36 093
Employee
17 485
-
171 098
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
17 110
-
health
804
-
1 618
-
total
4 280
-
22 204
-
Employer
17 485
-
171 098
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
157 084
178 000
-
-
income
15 708
17 800
-
-
total
15 708
17 800
-
-
Dividends
141 376
160 200
-
-
withholding
7 069
8 010
-
-
total
7 069
8 010
-
-
Income
178 000
178 000
178 000
178 000
Total tax
30 489
25 810
29 106
36 093
After tax
147 511
152 190
148 894
141 907
Living cost
13 205
13 205
13 205
13 205
Free-cash
134 306
138 985
135 689
128 702

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32369
₽55530
₽42442
₽34898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
55 602
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
79 788
Employee
93 245
85 887
159 309
-
pensions
11 784
11 784
11 784
-
income

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

14 058
14 058
23 823
-
health
11 633
11 213
12 402
-
total
37 475
37 055
48 009
-
Employer
93 245
85 887
159 309
-
health
6 480
5 970
7 419
-
pensions
6 489
5 978
7 430
-
unemployment
3 357
3 092
3 842
-
total
16 326
15 040
18 691
-
Corporate
68 428
77 073
-
-
income
13 687
15 414
-
-
total
13 687
15 414
-
-
Dividends
54 742
61 660
-
-
income
11 633
13 103
-
-
withholding
8 211
9 249
-
-
total
19 844
22 352
-
-
Income
178 000
178 000
178 000
178 000
Total tax
87 332
89 861
66 700
79 788
After tax
90 668
88 139
111 300
98 212
Living cost
55 770
55 770
55 770
55 770
Free-cash
34 898
32 369
55 530
42 442

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽97560
₽67501
₽75312
₽88643
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
17 701
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
-
health
-
-
-
24 030
total
-
-
-
77 695
Employee
36 754
-
135 054
-
solidarity contribution
-
-
-
-
social contributions
2 389
-
8 006
-
income
4 411
-
16 322
-
health
4 962
-
18 232
-
total
11 762
-
42 560
-
Employer
36 754
-
135 054
-
health
3 308
-
12 155
-
social contributions
9 189
-
30 791
-
total
12 497
-
42 946
-
Corporate
128 749
178 000
-
-
income
24 462
33 820
-
-
total
24 462
33 820
-
-
Dividends
104 287
144 180
-
-
withholding
15 643
21 627
-
-
total
15 643
21 627
-
-
Income
178 000
178 000
178 000
178 000
Total tax
64 364
55 447
85 506
77 695
After tax
113 636
122 553
92 494
100 305
Living cost
24 993
24 993
24 993
24 993
Free-cash
88 643
97 560
67 501
75 312

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52531
₽34540
₽42584
₽47281
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 781
regional
-
-
-
2 102
municipal
-
-
-
1 057
national
-
-
-
44 037
total
-
-
-
92 977
Employee
89 385
-
178 000
-
municipal
473
-
945
-
national
15 488
-
38 199
-
regional
843
-
1 856
-
social contributions
30 141
-
60 021
-
total
46 945
-
101 021
-
Employer
89 385
-
178 000
-
total
-
-
-
-
Corporate
88 615
178 000
-
-
municipal
3 456
6 942
-
-
nationa
21 267
42 720
-
-
total
24 723
49 662
-
-
Dividends
63 891
128 338
-
-
withholding
16 612
33 368
-
-
total
16 612
33 368
-
-
Income
178 000
178 000
178 000
178 000
Total tax
88 280
83 030
101 021
92 977
After tax
89 720
94 970
76 979
85 023
Living cost
42 439
42 439
42 439
42 439
Free-cash
47 281
52 531
34 540
42 584

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89769
₽55879
₽62030
₽86636
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
49 503
other
-
-
-
-
surtax
-
-
-
7 669
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
93 777
Employee
33 259
-
149 745
-
other
-
-
-
-
unemployment
2 315
-
9 343
-
pensions
2 218
-
8 953
-
surtax
109
-
6 466
-
income
5 575
-
43 489
-
health
849
-
3 422
-
total
11 066
-
71 673
-
Employer
33 259
-
149 745
-
health
1 514
-
6 108
-
pensions
4 434
-
17 893
-
unemployment
1 054
-
4 254
-
other
-
-
-
-
total
7 002
-
28 255
-
Corporate
137 740
178 000
-
-
income
35 813
46 280
-
-
total
35 813
46 280
-
-
Dividends
101 927
131 720
-
-
withholding
15 290
19 758
-
-
total
15 290
19 758
-
-
Income
178 000
178 000
178 000
178 000
Total tax
69 171
66 038
99 928
93 777
After tax
108 829
111 962
78 072
84 223
Living cost
22 193
22 193
22 193
22 193
Free-cash
86 636
89 769
55 879
62 030

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70634
₽56114
₽72218
₽77239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
51 074
pensions
-
-
-
9 032
total
-
-
-
60 106
Employee
63 395
-
155 475
-
pensions
5 381
-
11 097
-
income
11 418
-
40 341
-
health
920
-
2 246
-
total
17 719
-
53 684
-
Employer
63 395
-
155 475
-
health
1 204
-
2 955
-
pensions
6 863
-
19 571
-
total
8 067
-
22 526
-
Corporate
106 538
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.

20 242
33 820
-
-
total
20 242
33 820
-
-
Dividends
86 296
144 180
-
-
withholding
9 057
27 870
-
-
total
9 057
27 870
-
-
Income
178 000
178 000
178 000
178 000
Total tax
55 085
61 690
76 210
60 106
After tax
122 915
116 310
101 790
117 894
Living cost
45 676
45 676
45 676
45 676
Free-cash
77 239
70 634
56 114
72 218

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1650
₽56309
₽64600
₽35770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 560
regional
-
-
-
8 651
health
-
-
-
401
city
-
-
-
1 876
national
-
-
-
2 790
pensions
-
-
-
16 377
total
-
-
-
33 655
Employee
93 322
-
159 317
-
unemployment
-
-
-
-
pensions
7 840
-
13 381
-
national
442
-
2 106
-
regional
3 056
-
7 463
-
city
1 002
-
1 712
-
health
211
-
358
-
total
12 551
-
25 020
-
Employer
93 322
-
159 317
-
health
211
-
358
-
pensions
7 840
-
13 381
-
unemployment
-
-
-
-
other

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

1 866
-
3 187
-
total
9 917
-
16 926
-
Corporate
73 735
178 000
-
-
regional
15 595
37 647
-
-
national
6 267
15 130
-
-
total
21 862
52 777
-
-
Dividends
51 873
125 223
-
-
withholding
18 155
43 828
-
-
total
18 155
43 828
-
-
Income
178 000
178 000
178 000
178 000
Total tax
62 485
96 605
41 946
33 655
After tax
115 515
81 395
136 054
144 345
Living cost
79 745
79 745
79 745
79 745
Free-cash
35 770
1 650
56 309
64 600

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽41870
₽66910
₽44402
₽58179
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
55 114
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.

-
-
-
3 031
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.

-
-
-
6 871
trade
-
-
-
22 508
total
-
-
-
87 524
Employee

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

60 444
-
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.

391
-
3 031
-
income

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

7 108
-
55 114
-
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.

6 871
-
6 871
-
total
14 370
-
65 016
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
117 556
178 000
-
-
income
17 634
26 699
-
-
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.

970
1 468
-
-
chamber of commerce
319
403
-
-
trade
20 160
30 526
-
-
total
39 083
59 096
-
-
Dividends
78 474
118 904
-
-
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.

1 057
1 615
-
-
withholding
19 237
29 345
-
-
total
20 294
30 960
-
-
Income
178 000
178 000
178 000
178 000
Total tax
73 747
90 056
65 016
87 524
After tax
104 253
87 944
112 984
90 476
Living cost
46 074
46 074
46 074
46 074
Free-cash
58 179
41 870
66 910
44 402

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55303
₽63300
₽65886
₽61243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
27 903
other
-
-
-
5 518
surtax
-
-
-
-
social contributions
-
-
-
5 071
health
-
-
-
7 554
pensions
-
-
-
31 658
total
-
-
-
77 704
Employee
43 044
-
137 878
-
pensions
4 867
-
9 537
-
surtax
-
-
-
-
social contributions
1 227
-
3 928
-
income
2 540
-
26 708
-
total
8 634
-
40 173
-
Employer
43 044
-
137 878
-
health
3 014
-
12 697
-
pensions
7 071
-
16 065
-
unemployment
1 743
-
5 585
-
social contributions
130
-
414
-
other
1 485
-
5 356
-
total
13 443
-
40 117
-
Corporate
121 513
178 000
-
-
income
34 025
49 839
-
-
surtax
-
-
-
-
total
34 025
49 839
-
-
Dividends
87 489
128 161
-
-
surtax
-
-
-
-
social contributions
15 047
22 044
-
-
withholding
11 198
16 404
-
-
total
26 245
38 448
-
-
Income
178 000
178 000
178 000
178 000
Total tax
82 347
88 287
80 290
77 704
After tax
95 653
89 713
97 710
100 296
Living cost
34 410
34 410
34 410
34 410
Free-cash
61 243
55 303
63 300
65 886

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58712
₽66709
₽69295
₽64297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
27 903
other
-
-
-
5 518
surtax
-
-
-
-
social contributions
-
-
-
5 071
health
-
-
-
7 554
pensions
-
-
-
31 658
total
-
-
-
77 704
Employee
38 423
-
137 878
-
pensions
4 346
-
9 537
-
surtax
-
-
-
-
social contributions
1 096
-
3 928
-
income
1 981
-
26 708
-
total
7 423
-
40 173
-
Employer
38 423
-
137 878
-
health
2 689
-
12 697
-
pensions
6 314
-
16 065
-
unemployment
1 556
-
5 585
-
social contributions
115
-
414
-
other
1 326
-
5 356
-
total
12 000
-
40 117
-
Corporate
127 577
178 000
-
-
income
35 721
49 839
-
-
surtax
-
-
-
-
total
35 721
49 839
-
-
Dividends
91 856
128 161
-
-
surtax
-
-
-
-
social contributions
15 801
22 044
-
-
withholding
11 757
16 404
-
-
total
27 558
38 448
-
-
Income
178 000
178 000
178 000
178 000
Total tax
82 702
88 287
80 290
77 704
After tax
95 298
89 713
97 710
100 296
Living cost
31 001
31 001
31 001
31 001
Free-cash
64 297
58 712
66 709
69 295

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87269
₽89288
₽92985
₽87791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
26 699
social contributions
-
-
-
24 564
health
-
-
-
12 425
total
-
-
-
63 688
Employee
34 101
-
178 000
-
social contributions
4 707
-
24 564
-
income
5 688
-
30 396
-
health
2 380
-
12 425
-
total
12 775
-
67 385
-
Employer
34 101
-
178 000
-
total
-
-
-
-
Corporate
143 899
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%.

7 195
8 900
-
-
total
7 195
8 900
-
-
Dividends
136 704
169 100
-
-
social contributions
18 865
23 336
-
-
withholding
20 506
25 365
-
-
health
9 541
11 803
-
-
total
48 912
60 504
-
-
Income
178 000
178 000
178 000
178 000
Total tax
68 882
69 404
67 385
63 688
After tax
109 118
108 596
110 615
114 312
Living cost
21 327
21 327
21 327
21 327
Free-cash
87 791
87 269
89 288
92 985

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63042
₽11736
₽55920
₽61486
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
48 837
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
712
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
86 641
Employee
50 263
40 080
142 185
-
other
502
401
1 176
-
unemployment
1 508
1 202
3 525
-
pensions
5 147
4 103
12 032
-
income
5 722
2 956
39 140
-
health
1 945
1 552
4 546
-
total
14 824
10 214
60 419
-
Employer
50 263
40 080
142 185
-
chamber of commerce
200
160
569
-
health
1 899
1 515
4 441
-
pensions
6 308
5 031
14 746
-
accident
653
521
1 527
-
unemployment
1 508
1 202
3 525
-
surtax
198
198
198
-
payroll
1 508
1 202
4 266
-
other
2 388
1 903
6 543
-
total
14 662
11 732
35 815
-
Corporate
113 075
126 185
138 368
-
income

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

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

28 268
31 547
34 591
-
total
28 268
31 547
34 591
-
Dividends
84 807
94 638
-
-
withholding
23 321
26 026
-
-
total
23 321
26 026
-
-
Income
178 000
178 000
178 000
178 000
Total tax
81 075
79 519
130 825
86 641
After tax
96 925
98 481
47 175
91 359
Living cost
35 439
35 439
35 439
35 439
Free-cash
61 486
63 042
11 736
55 920

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62878
₽25949
₽40505
₽47793
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
9 175
social contributions
-
-
-
25 075
national
-
-
-
66 574
total
-
-
-
100 824
Employee

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

71 942
-
137 864
-
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.

626
-
1 199
-
communal

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

3 752
-
7 192
-
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.

5 396
-
10 339
-
national
22 118
-
50 036
-
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.

3 380
-
6 480
-
total
35 272
-
75 246
-
Employer

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

71 942
-
137 864
-
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.

4 424
-
8 478
-
pensions

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

6 375
-
12 215
-
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.

935
-
1 792
-
unemployment

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

1 050
-
2 014
-
surtax
8 157
-
15 635
-
total
20 941
-
40 134
-
Corporate
85 117
178 000
-
-
income
17 023
35 599
-
-
surtax
340
712
-
-
total
17 363
36 311
-
-
Dividends
67 755
141 689
-
-
withholding

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

19 960
42 140
-
-
total
19 960
42 140
-
-
Income
178 000
178 000
178 000
178 000
Total tax
93 536
78 451
115 380
100 824
After tax
84 464
99 549
62 620
77 176
Living cost
36 671
36 671
36 671
36 671
Free-cash
47 793
62 878
25 949
40 505

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82317
₽59342
₽63561
₽75419
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
50 149
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
78 117
Employee
50 064
-
148 281
-
other
50
-
94
-
unemployment
777
-
1 445
-
pensions
2 353
-
4 382
-
income
10 563
-
46 697
-
total
13 743
-
52 618
-
Employer
50 064
-
148 281
-
pensions
11 814
-
22 000
-
accident
991
-
1 846
-
unemployment
2 754
-
5 126
-
other
399
-
746
-
total
15 958
-
29 718
-
Corporate
111 979
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.

16 798
26 699
-
-
total
16 798
26 699
-
-
Dividends
95 181
151 301
-
-
withholding
19 760
32 662
-
-
total
19 760
32 662
-
-
Income
178 000
178 000
178 000
178 000
Total tax
66 259
59 361
82 336
78 117
After tax
111 741
118 639
95 664
99 883
Living cost
36 322
36 322
36 322
36 322
Free-cash
75 419
82 317
59 342
63 561

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49413
₽40350
₽33254
₽36546
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
11 249
accident
-
-
-
1 500
income
-
-
-
29 329
surtax
-
-
-
8 825
health
-
-
-
12 507
pensions
-
-
-
26 680
total
-
-
-
90 090
Employee
76 164
-
158 998
-
pensions
6 092
-
12 721
-
surtax
4 668
-
9 743
-
income
7 357
-
34 453
-
health
3 390
-
7 075
-
total
21 507
-
63 992
-
Employer
76 164
-
158 998
-
health
2 323
-
4 850
-
pensions
6 092
-
12 721
-
accident
685
-
1 431
-
total
9 100
-
19 002
-
Corporate
92 735
178 000
-
-
communal
6 260
12 015
-
-
income
13 910
26 699
-
-
surtax
973
1 869
-
-
total
21 143
40 583
-
-
Dividends
71 592
137 418
-
-
income
24 308
12 735
-
-
withholding
10 740
20 613
-
-
total
35 048
33 348
-
-
Income
178 000
178 000
178 000
178 000
Total tax
86 798
73 931
82 994
90 090
After tax
91 202
104 069
95 006
87 910
Living cost
54 656
54 656
54 656
54 656
Free-cash
36 546
49 413
40 350
33 254

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89372
₽55482
₽61633
₽86171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
49 503
other
-
-
-
-
surtax
-
-
-
7 669
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
93 777
Employee
33 870
-
149 745
-
other
-
-
-
-
unemployment
2 357
-
9 343
-
pensions
2 260
-
8 953
-
surtax
120
-
6 466
-
income
5 678
-
43 489
-
health
865
-
3 422
-
total
11 280
-
71 673
-
Employer
33 870
-
149 745
-
health
1 540
-
6 108
-
pensions
4 516
-
17 893
-
unemployment
1 075
-
4 254
-
other
-
-
-
-
total
7 131
-
28 255
-
Corporate
136 999
178 000
-
-
income
35 620
46 280
-
-
total
35 620
46 280
-
-
Dividends
101 379
131 720
-
-
withholding
15 208
19 758
-
-
total
15 208
19 758
-
-
Income
178 000
178 000
178 000
178 000
Total tax
69 239
66 038
99 928
93 777
After tax
108 761
111 962
78 072
84 223
Living cost
22 590
22 590
22 590
22 590
Free-cash
86 171
89 372
55 482
61 633

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66467
₽49348
₽57348
₽64235
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 781
regional
-
-
-
2 684
municipal
-
-
-
1 057
national
-
-
-
44 037
total
-
-
-
93 559
Employee
55 790
-
178 000
-
municipal
296
-
945
-
national
8 839
-
38 199
-
regional
751
-
2 394
-
social contributions
18 813
-
60 021
-
total
28 699
-
101 559
-
Employer
55 790
-
178 000
-
total
-
-
-
-
Corporate
122 210
178 000
-
-
municipal
6 073
8 846
-
-
nationa
29 331
42 720
-
-
total
35 404
51 566
-
-
Dividends
86 805
126 434
-
-
withholding
22 569
32 874
-
-
total
22 569
32 874
-
-
Income
178 000
178 000
178 000
178 000
Total tax
86 672
84 440
101 559
93 559
After tax
91 328
93 560
76 441
84 441
Living cost
27 093
27 093
27 093
27 093
Free-cash
64 235
66 467
49 348
57 348

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91755
₽61696
₽69507
₽80768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
17 701
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
-
health
-
-
-
24 030
total
-
-
-
77 695
Employee
45 291
-
135 054
-
solidarity contribution
-
-
-
-
social contributions
2 944
-
8 006
-
income
5 435
-
16 322
-
health
6 114
-
18 232
-
total
14 493
-
42 560
-
Employer
45 291
-
135 054
-
health
4 076
-
12 155
-
social contributions
11 323
-
30 791
-
total
15 399
-
42 946
-
Corporate
117 310
178 000
-
-
income
22 289
33 820
-
-
total
22 289
33 820
-
-
Dividends
95 021
144 180
-
-
withholding
14 253
21 627
-
-
total
14 253
21 627
-
-
Income
178 000
178 000
178 000
178 000
Total tax
66 434
55 447
85 506
77 695
After tax
111 566
122 553
92 494
100 305
Living cost
30 798
30 798
30 798
30 798
Free-cash
80 768
91 755
61 696
69 507

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
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.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66502
₽15137
₽59470
₽66001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
48 837
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
712
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
86 443
Employee
43 964
40 080
142 370
-
other
439
401
1 176
-
unemployment
1 319
1 202
3 525
-
pensions
4 502
4 103
12 032
-
income
3 916
2 956
39 229
-
health
1 701
1 552
4 546
-
total
11 877
10 214
60 508
-
Employer
43 964
40 080
142 370
-
chamber of commerce
176
160
569
-
health
1 662
1 515
4 441
-
pensions
5 518
5 031
14 746
-
accident
571
521
1 527
-
unemployment
1 319
1 202
3 525
-
surtax
-
-
-
-
payroll
1 319
1 202
4 271
-
other
2 088
1 903
6 550
-
total
12 653
11 534
35 629
-
Corporate
121 384
126 384
138 553
-
income

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

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

30 347
31 597
34 639
-
total
30 347
31 597
34 639
-
Dividends
91 037
94 787
-
-
withholding
25 035
26 066
-
-
total
25 035
26 066
-
-
Income
178 000
178 000
178 000
178 000
Total tax
79 912
79 411
130 776
86 443
After tax
98 088
98 589
47 224
91 557
Living cost
32 087
32 087
32 087
32 087
Free-cash
66 001
66 502
15 137
59 470

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156416
₽129716
₽163536
₽154038
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 855
-
178 000
-
income
3 171
-
35 600
-
total
3 171
-
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%.

162 145
178 000
-
-
total
-
-
-
-
Dividends
162 145
178 000
-
-
withholding
8 107
8 900
-
-
total
8 107
8 900
-
-
Income
178 000
178 000
178 000
178 000
Total tax
11 278
8 900
35 600
1 780
After tax
166 722
169 100
142 400
176 220
Living cost
12 684
12 684
12 684
12 684
Free-cash
154 038
156 416
129 716
163 536

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95578
₽55200
₽59918
₽87165
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
40 817
unemployment
-
-
-
267
health
-
-
-
17 515
pensions
-
-
-
32 507
total
-
-
-
91 106
Employee

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

44 474
-
154 019
-
unemployment
63
-
216
-
pensions
6 894
-
23 873
-
income
7 670
-
37 803
-
health
2 872
-
9 950
-
total
17 499
-
71 842
-
Employer

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

44 474
-
154 019
-
health
2 962
-
10 259
-
pensions
3 936
-
13 631
-
unemployment
27
-
92
-
total
6 925
-
23 982
-
Corporate
126 601
178 000
-
-
income
24 054
33 820
-
-
total
24 054
33 820
-
-
Dividends
102 547
144 180
-
-
withholding
15 381
21 626
-
-
total
15 381
21 626
-
-
Income
178 000
178 000
178 000
178 000
Total tax
63 859
55 446
95 824
91 106
After tax
114 141
122 554
82 176
86 894
Living cost
26 976
26 976
26 976
26 976
Free-cash
87 165
95 578
55 200
59 918

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64292
₽120581
₽79009
₽15784
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
34 696
social contributions
-
-
-
20 292
total
-
-
-
54 988
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
25 942
178 000
-
-
income
5 707
39 160
-
-
total
5 707
39 160
-
-
Dividends
20 235
138 840
-
-
income
4 452
30 545
-
-
total
4 452
30 545
-
-
Income
178 000
178 000
178 000
178 000
Total tax
118 213
69 705
13 416
54 988
After tax
59 787
108 295
164 584
123 012
Living cost
44 003
44 003
44 003
44 003
Free-cash
15 784
64 292
120 581
79 009

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69699
₽50230
₽63726
₽68686
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
20 871
surtax
-
-
-
-
social contributions

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

-
-
-
61 856
total
-
-
-
82 727
Employee
46 257
-
143 838
-
surtax
-
-
-
-
social contributions
5 088
-
15 822
-
income
9 622
-
46 239
-
total
14 710
-
62 061
-
Employer
46 257
-
143 838
-
social contributions
10 986
-
34 162
-
total
10 986
-
34 162
-
Corporate
120 758
178 000
-
-
income
25 360
37 380
-
-
surtax
-
-
-
-
total
25 360
37 380
-
-
Dividends
95 398
140 620
-
-
withholding
26 711
39 374
-
-
total
26 711
39 374
-
-
Income
178 000
178 000
178 000
178 000
Total tax
77 767
76 754
96 223
82 727
After tax
100 233
101 246
81 777
95 273
Living cost
31 547
31 547
31 547
31 547
Free-cash
68 686
69 699
50 230
63 726

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41137
₽49134
₽51720
₽48049
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
27 903
other
-
-
-
5 518
surtax
-
-
-
-
social contributions
-
-
-
5 071
health
-
-
-
7 554
pensions
-
-
-
31 658
total
-
-
-
77 704
Employee
62 992
-
137 878
-
pensions
7 125
-
9 537
-
surtax
-
-
-
-
social contributions
1 794
-
3 928
-
income
5 496
-
26 708
-
total
14 415
-
40 173
-
Employer
62 992
-
137 878
-
health
4 409
-
12 697
-
pensions
10 350
-
16 065
-
unemployment
2 552
-
5 585
-
social contributions
189
-
414
-
other
2 174
-
5 356
-
total
19 674
-
40 117
-
Corporate
95 334
178 000
-
-
income
26 694
49 839
-
-
surtax
-
-
-
-
total
26 694
49 839
-
-
Dividends
68 641
128 161
-
-
surtax
-
-
-
-
social contributions
11 807
22 044
-
-
withholding
8 785
16 404
-
-
total
20 592
38 448
-
-
Income
178 000
178 000
178 000
178 000
Total tax
81 375
88 287
80 290
77 704
After tax
96 625
89 713
97 710
100 296
Living cost
48 576
48 576
48 576
48 576
Free-cash
48 049
41 137
49 134
51 720

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129968
₽105564
₽100831
₽126589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
7 778
social contributions
-
-
-
39 159
total
-
-
-
46 937
Employee
32 334
-
154 112
-
income
-
-
8 302
-
social contributions
2 101
-
10 016
-
total
2 101
-
18 318
-
Employer
32 334
-
154 112
-
social contributions
5 012
-
23 886
-
total
5 012
-
23 886
-
Corporate
140 654
178 000
-
-
income
14 066
17 800
-
-
total
14 066
17 800
-
-
Dividends
126 588
160 200
-
-
total
-
-
-
-
Income
178 000
178 000
178 000
178 000
Total tax
21 179
17 800
42 204
46 937
After tax
156 821
160 200
135 796
131 063
Living cost
30 232
30 232
30 232
30 232
Free-cash
126 589
129 968
105 564
100 831

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41026
-₽41026
₽56514
-₽41026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
14 170
municipal
-
-
-
37 106
national
-
-
-
20 925
pensions
-
-
-
871
total
-
-
-
73 072
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
178 000
178 000
178 000
178 000
Total tax
170 612
170 612
170 612
73 072
After tax
7 388
7 388
7 388
104 928
Living cost
48 414
48 414
48 414
48 414
Free-cash
-41 026
-41 026
-41 026
56 514

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7652
₽74568
₽99617
₽11032
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
49 222
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
56 313
Employee
34 717
-
160 183
-
pensions
3 909
-
7 768
-
income
4 763
-
37 435
-
health
3 975
-
18 341
-
total
12 647
-
63 544
-
Employer
34 717
-
160 183
-
pensions
5 645
-
11 218
-
accident
580
-
2 675
-
unemployment
851
-
3 925
-
total
7 076
-
17 818
-
Corporate
136 207
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.

122 587
160 200
-
-
total
122 587
160 200
-
-
Dividends
13 621
17 800
-
-
withholding
2 588
3 382
-
-
total
2 588
3 382
-
-
Income
178 000
178 000
178 000
178 000
Total tax
144 898
163 582
81 362
56 313
After tax
33 102
14 418
96 638
121 687
Living cost
22 070
22 070
22 070
22 070
Free-cash
11 032
-7 652
74 568
99 617

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72875
₽54712
₽76074
₽75422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 321
municipal
-
-
-
31 622
national
-
-
-
29 370
total
-
-
-
63 313
Employee
52 914
-
149 743
-
municipal
8 667
-
24 390
-
unemployment
794
-
2 246
-
pensions
3 571
-
10 108
-
national
874
-
17 790
-
health
395
-
1 886
-
total
14 301
-
56 420
-
Employer
52 914
-
149 743
-
health
407
-
1 153
-
pensions
9 180
-
25 980
-
accident
53
-
149
-
unemployment
344
-
973
-
total
9 984
-
28 255
-
Corporate
115 102
178 000
-
-
income
23 020
35 599
-
-
total
23 020
35 599
-
-
Dividends

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

69 062
106 801
-
-
municipal
12 431
19 223
-
-
national
4 229
11 690
-
-
total
16 660
30 913
-
-
Income
178 000
178 000
178 000
178 000
Total tax
63 965
66 512
84 675
63 313
After tax
114 035
111 488
93 325
114 687
Living cost
38 613
38 613
38 613
38 613
Free-cash
75 422
72 875
54 712
76 074

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106564
₽96771
₽98335
₽101090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
35 567
social contributions
-
-
-
16 273
health
-
-
-
4 539
total
-
-
-
56 379
Employee
77 337
77 337
166 266
-
social contributions
2 924
6 419
8 657
-
income
8 421
7 159
34 725
-
health
599
1 315
2 827
-
total
11 944
14 893
46 209
-
Employer
77 337
77 337
166 266
-
health
651
1 431
3 077
-
social contributions
2 924
6 419
8 657
-
total
3 575
7 850
11 734
-
Corporate
139 195
92 813
-
-
income
17 399
11 602
-
-
total
17 399
11 602
-
-
Dividends
121 797
81 210
-
-
withholding
20 706
13 805
-
-
total
20 706
13 805
-
-
Income
178 000
178 000
178 000
178 000
Total tax
53 624
48 150
57 943
56 379
After tax
124 376
129 850
120 057
121 621
Living cost
23 286
23 286
23 286
23 286
Free-cash
101 090
106 564
96 771
98 335

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽131433
₽113676
₽133848
₽126316
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
18 117
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
28 184
Employee

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

23 085
-
168 171
-
unemployment
115
-
477
-
pensions
3 462
-
14 314
-
income
1 578
-
15 624
-
health
1 962
-
8 112
-
total
7 117
-
38 527
-
Employer

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

23 085
-
168 171
-
health
992
-
4 103
-
pensions
1 269
-
5 249
-
unemployment
115
-
477
-
total
2 376
-
9 829
-
Corporate
152 538
178 000
-
-
income
13 729
16 021
-
-
total
13 729
16 021
-
-
Dividends
138 810
161 979
-
-
withholding
12 494
14 578
-
-
total
12 494
14 578
-
-
Income
178 000
178 000
178 000
178 000
Total tax
35 716
30 599
48 356
28 184
After tax
142 284
147 401
129 644
149 816
Living cost
15 968
15 968
15 968
15 968
Free-cash
126 316
131 433
113 676
133 848

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90982
₽68007
₽72226
₽86539
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
50 149
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
78 117
Employee
37 188
-
148 281
-
other
36
-
94
-
unemployment
576
-
1 445
-
pensions
1 748
-
4 382
-
income
7 170
-
46 697
-
total
9 530
-
52 618
-
Employer
37 188
-
148 281
-
pensions
8 776
-
22 000
-
accident
737
-
1 846
-
unemployment
2 046
-
5 126
-
other
298
-
746
-
total
11 857
-
29 718
-
Corporate
128 955
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.

19 344
26 699
-
-
total
19 344
26 699
-
-
Dividends
109 612
151 301
-
-
withholding
23 073
32 662
-
-
total
23 073
32 662
-
-
Income
178 000
178 000
178 000
178 000
Total tax
63 804
59 361
82 336
78 117
After tax
114 196
118 639
95 664
99 883
Living cost
27 657
27 657
27 657
27 657
Free-cash
86 539
90 982
68 007
72 226

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109113
₽112451
₽112590
₽108792
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
60 986
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
63 451
Employee
2 983
-
176 393
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
60 911
-
health
149
-
357
-
total
1 024
-
61 982
-
Employer
2 983
-
176 393
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
174 346
178 000
-
-
income
38 356
39 160
-
-
total
38 356
39 160
-
-
Dividends
135 990
138 840
-
-
withholding
27 198
27 768
-
-
total
27 198
27 768
-
-
Income
178 000
178 000
178 000
178 000
Total tax
67 249
66 928
63 590
63 451
After tax
110 751
111 072
114 410
114 549
Living cost
1 959
1 959
1 959
1 959
Free-cash
108 792
109 113
112 451
112 590

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111212
₽92213
₽92212
₽106263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
40 299
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
68 395
Employee

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

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

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

26 227
-
164 696
-
unemployment
197
-
557
-
pensions
3 672
-
10 406
-
income
3 615
-
40 299
-
health
1 351
-
3 828
-
total
8 835
-
55 090
-
Employer

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

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

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

26 227
-
164 696
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
unemployment
197
-
557
-
total
4 695
-
13 304
-
Corporate
147 078
178 000
-
-
income
22 062
26 700
-
-
total
22 062
26 700
-
-
Dividends
125 016
151 300
-
-
withholding
18 752
22 695
-
-
total
18 752
22 695
-
-
Income
178 000
178 000
178 000
178 000
Total tax
54 344
49 395
68 394
68 395
After tax
123 656
128 605
109 606
109 605
Living cost
17 393
17 393
17 393
17 393
Free-cash
106 263
111 212
92 213
92 212

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74132
₽54663
₽68159
₽73771
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
20 871
surtax
-
-
-
-
social contributions

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

-
-
-
61 856
total
-
-
-
82 727
Employee
39 035
-
143 838
-
surtax
-
-
-
-
social contributions
4 294
-
15 822
-
income
7 627
-
46 239
-
total
11 921
-
62 061
-
Employer
39 035
-
143 838
-
social contributions
9 270
-
34 162
-
total
9 270
-
34 162
-
Corporate
129 695
178 000
-
-
income
27 236
37 380
-
-
surtax
-
-
-
-
total
27 236
37 380
-
-
Dividends
102 459
140 620
-
-
withholding
28 688
39 374
-
-
total
28 688
39 374
-
-
Income
178 000
178 000
178 000
178 000
Total tax
77 115
76 754
96 223
82 727
After tax
100 885
101 246
81 777
95 273
Living cost
27 114
27 114
27 114
27 114
Free-cash
73 771
74 132
54 663
68 159

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83293
₽60318
₽64537
₽76711
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
50 149
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
78 117
Employee
48 573
-
148 281
-
other
48
-
94
-
unemployment
752
-
1 445
-
pensions
2 283
-
4 382
-
income
10 145
-
46 697
-
total
13 228
-
52 618
-
Employer
48 573
-
148 281
-
pensions
11 463
-
22 000
-
accident
962
-
1 846
-
unemployment
2 672
-
5 126
-
other
389
-
746
-
total
15 486
-
29 718
-
Corporate
113 941
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.

17 091
26 699
-
-
total
17 091
26 699
-
-
Dividends
96 849
151 301
-
-
withholding
20 138
32 662
-
-
total
20 138
32 662
-
-
Income
178 000
178 000
178 000
178 000
Total tax
65 943
59 361
82 336
78 117
After tax
112 057
118 639
95 664
99 883
Living cost
35 346
35 346
35 346
35 346
Free-cash
76 711
83 293
60 318
64 537

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134865
₽131569
₽124582
₽128728
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
26 700
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
36 093
Employee
22 941
-
171 098
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
17 110
-
health
1 055
-
1 618
-
total
5 615
-
22 204
-
Employer
22 941
-
171 098
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
150 558
178 000
-
-
income
15 056
17 800
-
-
total
15 056
17 800
-
-
Dividends
135 503
160 200
-
-
withholding
6 775
8 010
-
-
total
6 775
8 010
-
-
Income
178 000
178 000
178 000
178 000
Total tax
31 947
25 810
29 106
36 093
After tax
146 053
152 190
148 894
141 907
Living cost
17 325
17 325
17 325
17 325
Free-cash
128 728
134 865
131 569
124 582

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52779
₽74155
₽55323
₽65936
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
55 114
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.

-
-
-
3 031
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.

-
-
-
6 871
trade
-
-
-
18 832
total
-
-
-
83 848
Employee

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

50 042
-
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.

227
-
3 031
-
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.

4 115
-
55 114
-
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.

6 871
-
6 871
-
total
11 213
-
65 016
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
127 958
178 000
-
-
income
19 193
26 699
-
-
surtax

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

1 055
1 468
-
-
chamber of commerce
340
414
-
-
trade
18 363
25 543
-
-
total
38 951
54 124
-
-
Dividends
89 007
123 876
-
-
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.

1 202
1 681
-
-
withholding
21 869
30 587
-
-
total
23 071
32 268
-
-
Income
178 000
178 000
178 000
178 000
Total tax
73 235
86 392
65 016
83 848
After tax
104 765
91 608
112 984
94 152
Living cost
38 829
38 829
38 829
38 829
Free-cash
65 936
52 779
74 155
55 323

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
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.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67308
₽36416
₽36416
₽69529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
54 576
social contributions
-
-
-
29 716
total
-
-
-
84 292
Employee
78 672
-
178 000
-
income
14 845
-
54 576
-
social contributions
6 536
-
29 716
-
total
21 381
-
84 292
-
Employer
78 672
-
178 000
-
total
-
-
-
-
Corporate
99 328
178 000
-
-
income
12 415
22 250
-
-
total
12 415
22 250
-
-
Dividends
86 913
155 750
-
-
withholding
17 383
31 150
-
-
total
17 383
31 150
-
-
Income
178 000
178 000
178 000
178 000
Total tax
51 179
53 400
84 292
84 292
After tax
126 821
124 600
93 708
93 708
Living cost
57 292
57 292
57 292
57 292
Free-cash
69 529
67 308
36 416
36 416

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73877
₽90002
₽106785
₽77392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
28 629
health

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

-
-
-
6 077
total
-
-
-
34 706
Employee
46 138
-
173 374
-
income
5 006
-
42 237
-
social contributions
4 623
-
4 626
-
total
9 629
-
46 863
-
Employer
46 138
-
173 374
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
127 240
178 000
-
-
income
44 533
62 300
-
-
total
44 533
62 300
-
-
Dividends
82 706
115 700
-
-
social contributions
5 314
5 314
-
-
total
5 314
5 314
-
-
Income
178 000
178 000
178 000
178 000
Total tax
64 099
67 614
51 489
34 706
After tax
113 901
110 386
126 511
143 294
Living cost
36 509
36 509
36 509
36 509
Free-cash
77 392
73 877
90 002
106 785

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79177
₽64657
₽80761
₽85098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
51 074
pensions
-
-
-
9 032
total
-
-
-
60 106
Employee
50 971
-
155 475
-
pensions
3 890
-
11 097
-
income
9 282
-
40 341
-
health
665
-
2 246
-
total
13 837
-
53 684
-
Employer
50 971
-
155 475
-
health
969
-
2 955
-
pensions
5 150
-
19 571
-
total
6 119
-
22 526
-
Corporate
120 911
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.

22 972
33 820
-
-
total
22 972
33 820
-
-
Dividends
97 939
144 180
-
-
withholding
12 841
27 870
-
-
total
12 841
27 870
-
-
Income
178 000
178 000
178 000
178 000
Total tax
55 769
61 690
76 210
60 106
After tax
122 231
116 310
101 790
117 894
Living cost
37 133
37 133
37 133
37 133
Free-cash
85 098
79 177
64 657
80 761

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9837
₽72383
₽97432
₽10698
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
49 222
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
56 313
Employee
38 154
-
160 183
-
pensions
4 296
-
7 768
-
income
5 234
-
37 435
-
health
4 368
-
18 341
-
total
13 898
-
63 544
-
Employer
38 154
-
160 183
-
pensions
6 204
-
11 218
-
accident
637
-
2 675
-
unemployment
935
-
3 925
-
total
7 776
-
17 818
-
Corporate
132 071
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.

118 864
160 200
-
-
total
118 864
160 200
-
-
Dividends
13 207
17 800
-
-
withholding
2 509
3 382
-
-
total
2 509
3 382
-
-
Income
178 000
178 000
178 000
178 000
Total tax
143 047
163 582
81 362
56 313
After tax
34 953
14 418
96 638
121 687
Living cost
24 255
24 255
24 255
24 255
Free-cash
10 698
-9 837
72 383
97 432

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136198
₽112930
₽90809
₽131491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
29 360
unemployment
-
-
-
1 931
work injury
-
-
-
804
health insurance
-
-
-
11 905
pensions
-
-
-
29 602
total
-
-
-
73 602
Employee

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

21 742
-
178 000
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
29 360
-
total
8 153
-
51 481
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
156 258
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%.

1 563
1 780
-
-
total
1 563
1 780
-
-
Dividends
154 696
176 220
-
-
withholding
23 204
26 433
-
-
total
23 204
26 433
-
-
Income
178 000
178 000
178 000
178 000
Total tax
32 920
28 213
51 481
73 602
After tax
145 080
149 787
126 519
104 398
Living cost
13 589
13 589
13 589
13 589
Free-cash
131 491
136 198
112 930
90 809

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53692
₽35034
₽42848
₽49115
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 781
regional
-
-
-
4 078
municipal
-
-
-
1 189
national
-
-
-
44 037
total
-
-
-
95 085
Employee
84 751
-
178 000
-
municipal
506
-
1 061
-
national
14 322
-
38 199
-
regional
1 280
-
3 618
-
social contributions
28 577
-
60 021
-
total
44 685
-
102 899
-
Employer
84 751
-
178 000
-
total
-
-
-
-
Corporate
93 249
178 000
-
-
municipal
4 495
8 579
-
-
nationa
22 380
42 720
-
-
total
26 875
51 299
-
-
Dividends
66 374
126 701
-
-
withholding
17 258
32 942
-
-
total
17 258
32 942
-
-
Income
178 000
178 000
178 000
178 000
Total tax
88 818
84 241
102 899
95 085
After tax
89 182
93 759
75 101
82 915
Living cost
40 067
40 067
40 067
40 067
Free-cash
49 115
53 692
35 034
42 848

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
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.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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