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
₽83391
₽60897
₽62335
₽71437
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 510
income

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

-
-
-
56 147
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.

-
-
-
3 089
trade
-
-
-
21 056
total
-
-
-
86 802
Employee

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

36 447
-
178 000
-
surtax

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

56
-
3 089
-
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.

1 018
-
56 147
-
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.

6 510
-
6 510
-
total
7 584
-
65 746
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 553
178 000
-
-
chamber of commerce
347
400
-
-
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.

1 168
1 468
-
-
trade
22 295
28 035
-
-
income
21 234
26 700
-
-
total
45 044
56 603
-
-
Dividends
96 508
121 397
-
-
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.

1 307
1 649
-
-
withholding
23 765
29 988
-
-
total
25 072
31 637
-
-
Income
178 000
178 000
178 000
178 000
Total tax
77 700
88 240
65 746
86 802
After tax
100 300
89 760
112 254
91 198
Living cost
28 863
28 863
28 863
28 863
Free-cash
71 437
60 897
83 391
62 335

Estimated living cost  is ₽28863 per week

₽18156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55355
₽60803
₽54399
₽59967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 913
pensions
-
-
-
21 360
national
-
-
-
30 536
municipal
-
-
-
19 523
total
-
-
-
73 332
Employee
77 927
-
153 879
-
municipal
9 625
-
20 212
-
national
14 915
-
32 045
-
pensions
3 117
-
6 155
-
total
27 657
-
58 412
-
Employer
77 927
-
153 879
-
pensions
6 234
-
12 310
-
social contributions
838
-
1 654
-
total
7 072
-
13 964
-
Corporate
87 858
178 000
-
-
income

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

17 572
35 600
-
-
total
17 572
35 600
-
-
Dividends
70 287
142 400
-
-
withholding
15 463
31 328
-
-
total
15 463
31 328
-
-
Income
178 000
178 000
178 000
178 000
Total tax
67 764
66 928
72 376
73 332
After tax
110 236
111 072
105 624
104 668
Living cost
50 269
50 269
50 269
50 269
Free-cash
59 967
60 803
55 355
54 399

Estimated living cost  is ₽50269 per week

₽34167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10676
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55651
₽122576
₽42471
₽114759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
36 511
income
-
-
-
33 803
surtax
-
-
-
45 390
microenterprise
-
-
-
-
total
-
-
-
115 704
Employee
27 845
-
135 714
-
surtax
-
-
19 678
-
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.

3 063
-
12 492
-
income
4 957
-
28 067
-
total
8 020
-
60 237
-
Employer
27 845
-
135 714
-
surtax
-
-
14 928
-
social contributions

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

6 707
-
27 359
-
total
6 707
-
42 287
-
Corporate
143 448
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%.

28 689
35 599
-
-
total
28 689
35 599
-
-
Dividends

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

114 758
142 401
-
-
total
-
-
-
-
Income
178 000
178 000
178 000
178 000
Total tax
43 416
35 599
102 524
115 704
After tax
134 584
142 401
75 476
62 296
Living cost
19 825
19 825
19 825
19 825
Free-cash
114 759
122 576
55 651
42 471

Estimated living cost  is ₽19825 per week

₽12648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72391
₽48359
₽57646
₽42519
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
health
-
-
-
11 751
income
-
-
-
57 519
pensions
-
-
-
11 165
total
-
-
-
80 435
Employee
81 376
81 376
160 291
-
income

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

13 320
13 320
25 065
-
pensions
14 648
11 165
11 165
-
health
12 490
10 624
11 751
-
total
40 458
35 109
47 981
-
Employer
81 376
81 376
160 291
-
unemployment
2 930
2 930
3 640
-
health
5 657
5 657
7 029
-
pensions
5 664
5 664
7 040
-
total
14 251
14 251
17 709
-
Corporate
83 373
82 374
-
-
income
16 675
16 474
-
-
total
16 675
16 474
-
-
Dividends
66 698
65 900
-
-
income
14 174
14 004
-
-
withholding
10 004
9 884
-
-
total
24 178
23 888
-
-
Income
178 000
178 000
178 000
178 000
Total tax
95 562
89 722
65 690
80 435
After tax
82 438
88 278
112 310
97 565
Living cost
39 919
39 919
39 919
39 919
Free-cash
42 519
48 359
72 391
57 646

Estimated living cost  is ₽39919 per week

₽28290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7396
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50886
₽57908
₽51839
₽57026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 003
health
-
-
-
5 372
accident
-
-
-
172
pensions
-
-
-
9 306
national
-
-
-
16 299
unemployment
-
-
-
86
municipal
-
-
-
45 643
total
-
-
-
86 881
Employee
55 970
-
150 951
-
municipal
16 690
-
45 014
-
national
-
-
15 772
-
total
16 690
-
60 786
-
Employer
55 970
-
150 951
-
other
6 504
-
10 003
-
unemployment
1 478
-
2 273
-
health
3 442
-
5 294
-
accident
112
-
172
-
pensions
6 050
-
9 306
-
total
17 586
-
27 048
-
Corporate
104 444
178 000
-
-
income
22 978
39 160
-
-
total
22 978
39 160
-
-
Dividends
81 466
138 840
-
-
withholding
24 440
41 652
-
-
total
24 440
41 652
-
-
Income
178 000
178 000
178 000
178 000
Total tax
81 694
80 812
87 834
86 881
After tax
96 306
97 188
90 166
91 119
Living cost
39 280
39 280
39 280
39 280
Free-cash
57 026
57 908
50 886
51 839

Estimated living cost  is ₽39280 per week

₽26033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3854
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74819
₽51408
₽52826
₽64798
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 510
income

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

-
-
-
56 147
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.

-
-
-
3 089
trade
-
-
-
21 993
total
-
-
-
87 739
Employee

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

48 325
-
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.

228
-
3 089
-
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.

4 152
-
56 147
-
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.

6 510
-
6 510
-
total
10 890
-
65 746
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
129 675
178 000
-
-
chamber of commerce
329
398
-
-
surtax

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

1 071
1 468
-
-
trade
21 331
29 281
-
-
income
19 451
26 700
-
-
total
42 182
57 847
-
-
Dividends
87 494
120 153
-
-
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.

1 183
1 633
-
-
withholding
21 512
29 677
-
-
total
22 695
31 310
-
-
Income
178 000
178 000
178 000
178 000
Total tax
75 767
89 157
65 746
87 739
After tax
102 233
88 843
112 254
90 261
Living cost
37 435
37 435
37 435
37 435
Free-cash
64 798
51 408
74 819
52 826

Estimated living cost  is ₽37435 per week

₽25037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3948
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.
₽7892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88707
₽98912
₽90246
₽94959
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 418
health
-
-
-
4 539
income
-
-
-
36 889
total
-
-
-
56 846
Employee
73 275
73 275
166 712
-
social contributions
3 561
6 081
8 203
-
income
7 695
6 783
36 060
-
health
729
1 246
2 834
-
total
11 985
14 110
47 097
-
Employer
73 275
73 275
166 712
-
health
794
1 356
3 085
-
social contributions
3 561
6 081
8 203
-
total
4 355
7 437
11 288
-
Corporate
130 754
97 287
-
-
income
16 344
12 161
-
-
total
16 344
12 161
-
-
Dividends
114 410
85 126
-
-
withholding
19 449
14 472
-
-
total
19 449
14 472
-
-
Income
178 000
178 000
178 000
178 000
Total tax
52 133
48 180
58 385
56 846
After tax
125 867
129 820
119 615
121 154
Living cost
30 908
30 908
30 908
30 908
Free-cash
94 959
98 912
88 707
90 246

Estimated living cost  is ₽30908 per week

₽21129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85680
₽82466
₽105802
₽82831
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
health
-
-
-
12 460
income
-
-
-
21 760
pensions
-
-
-
17 800
unemployment
-
-
-
2 670
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.

25 274
10 059
148 954
-
income
3 090
1 230
18 210
-
pensions
2 527
1 006
14 895
-
health
1 769
704
10 427
-
unemployment
379
151
2 234
-
total
7 765
3 091
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.

25 274
10 059
148 954
-
pensions
4 928
1 961
29 046
-
total
4 928
1 961
29 046
-
Corporate
147 798
165 980
-
-
income
13 302
14 938
-
-
total
13 302
14 938
-
-
Dividends
134 496
151 042
-
-
social contributions
26 112
29 338
-
-
withholding
25 554
28 698
-
-
total
51 666
58 036
-
-
Income
178 000
178 000
178 000
178 000
Total tax
77 661
78 026
74 812
54 690
After tax
100 339
99 974
103 188
123 310
Living cost
17 508
17 508
17 508
17 508
Free-cash
82 831
82 466
85 680
105 802

Estimated living cost  is ₽17508 per week

₽11948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1433
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.
₽3778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79583
₽119384
₽72392
₽113463
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
health
-
-
-
23 140
income
-
-
-
23 852
pensions
-
-
-
35 599
total
-
-
-
82 591
Employee
27 033
-
133 032
-
income
3 043
-
25 648
-
pensions
541
-
2 660
-
unemployment
432
-
2 128
-
total
4 016
-
30 436
-
Employer
27 033
-
133 032
-
unemployment
217
-
1 065
-
health
3 514
-
17 293
-
pensions
5 407
-
26 606
-
total
9 138
-
44 964
-
Corporate
141 829
178 000
-
-
income
28 366
35 599
-
-
total
28 366
35 599
-
-
Dividends
113 464
142 401
-
-
total
-
-
-
-
Income
178 000
178 000
178 000
178 000
Total tax
41 520
35 599
75 400
82 591
After tax
136 480
142 401
102 600
95 409
Living cost
23 017
23 017
23 017
23 017
Free-cash
113 463
119 384
79 583
72 392

Estimated living cost  is ₽23017 per week

₽15787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5396
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75971
-₽6629
₽100599
₽11189
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
355
health
-
-
-
2 086
accident
-
-
-
242
income
-
-
-
49 690
pensions
-
-
-
3 981
total
-
-
-
56 354
Employee
33 108
-
160 833
-
income
4 542
-
38 100
-
pensions
3 728
-
7 299
-
health
3 791
-
18 416
-
total
12 061
-
63 815
-
Employer
33 108
-
160 833
-
unemployment
811
-
3 941
-
accident
553
-
2 686
-
pensions
5 384
-
10 540
-
total
6 748
-
17 167
-
Corporate
138 144
178 000
-
-
income

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

124 330
160 200
-
-
total
124 330
160 200
-
-
Dividends
13 814
17 800
-
-
withholding
2 625
3 382
-
-
total
2 625
3 382
-
-
Income
178 000
178 000
178 000
178 000
Total tax
145 764
163 582
80 982
56 354
After tax
32 236
14 418
97 018
121 646
Living cost
21 047
21 047
21 047
21 047
Free-cash
11 189
-6 629
75 971
100 599

Estimated living cost  is ₽21047 per week

₽15426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134434
₽161134
₽168254
₽159641
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
178 000
microenterprise

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

-
-
-
1 780
total
-
-
-
1 780
Employee
9 957
-
178 000
-
income
1 991
-
35 600
-
total
1 991
-
35 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

168 043
178 000
-
-
total
-
-
-
-
Dividends
168 043
178 000
-
-
withholding
8 402
8 900
-
-
total
8 402
8 900
-
-
Income
178 000
178 000
178 000
178 000
Total tax
10 393
8 900
35 600
1 780
After tax
167 607
169 100
142 400
176 220
Living cost
7 966
7 966
7 966
7 966
Free-cash
159 641
161 134
134 434
168 254

Estimated living cost  is ₽7966 per week

₽4937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75246
₽105385
₽76113
₽98947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 883
health
-
-
-
6 376
income
-
-
-
28 458
pensions

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

-
-
-
34 778
total
-
-
-
76 495
Employee
34 600
-
142 171
-
income
5 957
-
28 169
-
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.

2 421
-
9 953
-
health
485
-
1 991
-
unemployment
345
-
1 421
-
total
9 208
-
41 534
-
Employer
34 600
-
142 171
-
other
1 731
-
7 109
-
unemployment
345
-
1 421
-
health
485
-
1 991
-
accident
277
-
1 137
-
pensions

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

5 883
-
24 170
-
total
8 721
-
35 828
-
Corporate
134 680
178 000
-
-
income
28 283
37 380
-
-
total
28 283
37 380
-
-
Dividends
106 398
140 620
-
-
withholding
7 449
9 843
-
-
total
7 449
9 843
-
-
Income
178 000
178 000
178 000
178 000
Total tax
53 661
47 223
77 362
76 495
After tax
124 339
130 777
100 638
101 505
Living cost
25 392
25 392
25 392
25 392
Free-cash
98 947
105 385
75 246
76 113

Estimated living cost  is ₽25392 per week

₽17941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37923
₽52072
₽53971
₽57189
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 097
pensions
-
-
-
8 733
total
-
-
-
60 830
Employee
89 418
-
155 386
-
income
16 119
-
41 398
-
health
1 473
-
2 208
-
pensions
8 626
-
10 658
-
total
26 218
-
54 264
-
Employer
89 418
-
155 386
-
health
1 698
-
2 953
-
pensions
10 558
-
19 661
-
total
12 256
-
22 614
-
Corporate
76 326
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.

14 501
33 821
-
-
total
14 501
33 821
-
-
Dividends
61 825
144 179
-
-
withholding
4 637
28 908
-
-
total
4 637
28 908
-
-
Income
178 000
178 000
178 000
178 000
Total tax
57 612
62 729
76 878
60 830
After tax
120 388
115 271
101 122
117 170
Living cost
63 199
63 199
63 199
63 199
Free-cash
57 189
52 072
37 923
53 971

Estimated living cost  is ₽63199 per week

₽47357
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7426
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽137171
₽139784
₽130069
₽135390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
health
-
-
-
3 801
income
-
-
-
26 700
pensions

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

-
-
-
4 892
unemployment
-
-
-
132
total
-
-
-
35 525
Employee
16 427
-
171 516
-
income
1 642
-
17 152
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 442
-
2 902
-
health
756
-
1 520
-
total
4 021
-
21 938
-
Employer
16 427
-
171 516
-
unemployment
98
-
198
-
health
1 134
-
2 281
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 810
-
3 642
-
total
3 223
-
6 485
-
Corporate
158 349
178 000
-
-
income
15 835
17 800
-
-
total
15 835
17 800
-
-
Dividends
142 514
160 200
-
-
withholding
7 125
8 010
-
-
total
7 125
8 010
-
-
Income
178 000
178 000
178 000
178 000
Total tax
30 204
25 810
28 423
35 525
After tax
147 796
152 190
149 577
142 475
Living cost
12 406
12 406
12 406
12 406
Free-cash
135 390
139 784
137 171
130 069

Estimated living cost  is ₽12406 per week

₽7243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3949
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59469
₽35437
₽44724
₽37832
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
health
-
-
-
11 751
income
-
-
-
57 519
pensions
-
-
-
11 165
total
-
-
-
80 435
Employee
88 348
81 376
160 291
-
income

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

13 320
13 320
25 065
-
pensions
11 165
11 165
11 165
-
health
11 022
10 624
11 751
-
total
35 507
35 109
47 981
-
Employer
88 348
81 376
160 291
-
unemployment
3 181
2 930
3 640
-
health
6 139
5 657
7 029
-
pensions
6 148
5 664
7 040
-
total
15 468
14 251
17 709
-
Corporate
74 183
82 374
-
-
income
14 838
16 474
-
-
total
14 838
16 474
-
-
Dividends
59 346
65 900
-
-
income
12 611
14 004
-
-
withholding
8 903
9 884
-
-
total
21 514
23 888
-
-
Income
178 000
178 000
178 000
178 000
Total tax
87 327
89 722
65 690
80 435
After tax
90 673
88 278
112 310
97 565
Living cost
52 841
52 841
52 841
52 841
Free-cash
37 832
35 437
59 469
44 724

Estimated living cost  is ₽52841 per week

₽38979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70752
₽99106
₽78420
₽90742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 740
health
-
-
-
24 030
income
-
-
-
18 035
solidarity contribution
-
-
-
328
total
-
-
-
76 133
Employee
34 481
-
136 801
-
social contributions
2 241
-
7 511
-
solidarity contribution
-
-
-
-
income
4 138
-
16 623
-
health
4 655
-
18 468
-
total
11 034
-
42 602
-
Employer
34 481
-
136 801
-
health
3 103
-
12 312
-
social contributions
8 620
-
28 887
-
total
11 723
-
41 199
-
Corporate
131 795
178 000
-
-
income
25 041
33 820
-
-
total
25 041
33 820
-
-
Dividends
106 754
144 180
-
-
withholding
16 013
21 627
-
-
total
16 013
21 627
-
-
Income
178 000
178 000
178 000
178 000
Total tax
63 811
55 447
83 801
76 133
After tax
114 189
122 553
94 199
101 867
Living cost
23 447
23 447
23 447
23 447
Free-cash
90 742
99 106
70 752
78 420

Estimated living cost  is ₽23447 per week

₽16287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36227
₽54760
₽44269
₽49786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 782
national
-
-
-
44 570
regional
-
-
-
2 111
municipal
-
-
-
1 058
total
-
-
-
93 521
Employee
84 690
-
178 000
-
social contributions
28 557
-
60 021
-
municipal
448
-
944
-
national
14 675
-
38 733
-
regional
799
-
1 865
-
total
44 479
-
101 563
-
Employer
84 690
-
178 000
-
total
-
-
-
-
Corporate
93 310
178 000
-
-
nationa
22 395
42 720
-
-
municipal
3 638
6 942
-
-
total
26 033
49 662
-
-
Dividends
67 277
128 337
-
-
withholding
17 492
33 368
-
-
total
17 492
33 368
-
-
Income
178 000
178 000
178 000
178 000
Total tax
88 004
83 030
101 563
93 521
After tax
89 996
94 970
76 437
84 479
Living cost
40 210
40 210
40 210
40 210
Free-cash
49 786
54 760
36 227
44 269

Estimated living cost  is ₽40210 per week

₽28029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8926
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57245
₽90935
₽63070
₽87967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
9 029
income
-
-
-
51 111
pensions
-
-
-
25 436
surtax
-
-
-
8 109
unemployment
-
-
-
217
total
-
-
-
93 902
Employee
31 513
-
151 229
-
surtax
103
-
6 968
-
income
5 282
-
45 411
-
other
-
-
-
-
pensions
2 101
-
8 483
-
health
805
-
3 242
-
unemployment
2 194
-
8 852
-
total
10 485
-
72 956
-
Employer
31 513
-
151 229
-
other
-
-
-
-
unemployment
998
-
4 031
-
health
1 434
-
5 787
-
pensions
4 201
-
16 953
-
total
6 633
-
26 771
-
Corporate
139 854
178 000
-
-
income
36 362
46 279
-
-
total
36 362
46 279
-
-
Dividends
103 492
131 721
-
-
withholding
15 525
19 758
-
-
total
15 525
19 758
-
-
Income
178 000
178 000
178 000
178 000
Total tax
69 005
66 037
99 727
93 902
After tax
108 995
111 963
78 273
84 098
Living cost
21 028
21 028
21 028
21 028
Free-cash
87 967
90 935
57 245
63 070

Estimated living cost  is ₽21028 per week

₽12857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1940
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.
₽5745
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57946
₽72095
₽73994
₽78339
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 097
pensions
-
-
-
8 733
total
-
-
-
60 830
Employee
59 925
-
155 386
-
income
10 793
-
41 398
-
health
870
-
2 208
-
pensions
5 086
-
10 658
-
total
16 749
-
54 264
-
Employer
59 925
-
155 386
-
health
1 138
-
2 953
-
pensions
6 487
-
19 661
-
total
7 625
-
22 614
-
Corporate
110 449
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.

20 986
33 821
-
-
total
20 986
33 821
-
-
Dividends
89 463
144 179
-
-
withholding
11 125
28 908
-
-
total
11 125
28 908
-
-
Income
178 000
178 000
178 000
178 000
Total tax
56 485
62 729
76 878
60 830
After tax
121 515
115 271
101 122
117 170
Living cost
43 176
43 176
43 176
43 176
Free-cash
78 339
72 095
57 946
73 994

Estimated living cost  is ₽43176 per week

₽32347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽59278
₽4927
₽67350
₽37646
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 561
health
-
-
-
401
pensions
-
-
-
16 376
city
-
-
-
1 876
national
-
-
-
3 089
regional
-
-
-
8 879
total
-
-
-
34 182
Employee
89 487
-
159 321
-
national
424
-
2 239
-
city
960
-
1 711
-
pensions
7 518
-
13 383
-
health
202
-
359
-
regional
2 930
-
7 634
-
unemployment
-
-
-
-
total
12 034
-
25 326
-
Employer
89 487
-
159 321
-
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.

1 789
-
3 186
-
unemployment
-
-
-
-
health
202
-
359
-
pensions
7 518
-
13 383
-
total
9 509
-
16 928
-
Corporate
78 020
178 000
-
-
regional
16 501
37 647
-
-
national
6 632
15 130
-
-
total
23 133
52 777
-
-
Dividends
54 886
125 222
-
-
withholding
19 210
43 828
-
-
total
19 210
43 828
-
-
Income
178 000
178 000
178 000
178 000
Total tax
63 886
96 605
42 254
34 182
After tax
114 114
81 395
135 746
143 818
Living cost
76 468
76 468
76 468
76 468
Free-cash
37 646
4 927
59 278
67 350

Estimated living cost  is ₽76468 per week

₽49726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6862
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽939
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽68600
₽44274
₽45672
₽59727
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 510
income

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

-
-
-
56 147
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.

-
-
-
3 089
trade
-
-
-
22 928
total
-
-
-
88 674
Employee

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

57 269
-
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.

371
-
3 089
-
income

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

6 734
-
56 147
-
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.

6 510
-
6 510
-
total
13 615
-
65 746
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
120 731
178 000
-
-
chamber of commerce
315
396
-
-
surtax

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

996
1 468
-
-
trade
20 706
30 527
-
-
income
18 109
26 700
-
-
total
40 126
59 091
-
-
Dividends
80 606
118 909
-
-
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.

1 089
1 615
-
-
withholding
19 789
29 366
-
-
total
20 878
30 981
-
-
Income
178 000
178 000
178 000
178 000
Total tax
74 619
90 072
65 746
88 674
After tax
103 381
87 928
112 254
89 326
Living cost
43 654
43 654
43 654
43 654
Free-cash
59 727
44 274
68 600
45 672

Estimated living cost  is ₽43654 per week

₽31883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64057
₽57110
₽67539
₽62738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 517
social contributions
-
-
-
5 072
health
-
-
-
7 845
income
-
-
-
28 651
pensions
-
-
-
30 773
surtax
-
-
-
-
total
-
-
-
77 858
Employee
40 784
-
137 363
-
surtax
-
-
-
-
social contributions
1 163
-
3 913
-
income
2 407
-
27 072
-
pensions
4 611
-
9 718
-
total
8 181
-
40 703
-
Employer
40 784
-
137 363
-
other
1 407
-
5 429
-
unemployment
1 651
-
5 562
-
health
2 855
-
12 906
-
pensions
6 700
-
16 328
-
social contributions
123
-
412
-
total
12 736
-
40 637
-
Corporate
124 480
178 000
-
-
surtax
-
-
-
-
income
34 854
49 840
-
-
total
34 854
49 840
-
-
Dividends
89 626
128 160
-
-
social contributions
15 416
22 042
-
-
surtax
-
-
-
-
withholding
11 472
16 405
-
-
total
26 888
38 447
-
-
Income
178 000
178 000
178 000
178 000
Total tax
82 659
88 287
81 340
77 858
After tax
95 341
89 713
96 660
100 142
Living cost
32 603
32 603
32 603
32 603
Free-cash
62 738
57 110
64 057
67 539

Estimated living cost  is ₽32603 per week

₽20557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67288
₽60341
₽70770
₽65632
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 517
social contributions
-
-
-
5 072
health
-
-
-
7 845
income
-
-
-
28 651
pensions
-
-
-
30 773
surtax
-
-
-
-
total
-
-
-
77 858
Employee
36 405
-
137 363
-
surtax
-
-
-
-
social contributions
1 038
-
3 913
-
income
1 877
-
27 072
-
pensions
4 118
-
9 718
-
total
7 033
-
40 703
-
Employer
36 405
-
137 363
-
other
1 257
-
5 429
-
unemployment
1 474
-
5 562
-
health
2 548
-
12 906
-
pensions
5 982
-
16 328
-
social contributions
109
-
412
-
total
11 370
-
40 637
-
Corporate
130 226
178 000
-
-
surtax
-
-
-
-
income
36 464
49 840
-
-
total
36 464
49 840
-
-
Dividends
93 762
128 160
-
-
social contributions
16 127
22 042
-
-
surtax
-
-
-
-
withholding
12 002
16 405
-
-
total
28 129
38 447
-
-
Income
178 000
178 000
178 000
178 000
Total tax
82 996
88 287
81 340
77 858
After tax
95 004
89 713
96 660
100 142
Living cost
29 372
29 372
29 372
29 372
Free-cash
65 632
60 341
67 288
70 770

Estimated living cost  is ₽29372 per week

₽17035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90134
₽88389
₽94104
₽88885
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 565
health
-
-
-
12 425
income
-
-
-
26 700
total
-
-
-
63 690
Employee
32 310
-
178 000
-
social contributions
4 459
-
24 565
-
income
5 389
-
30 670
-
health
2 255
-
12 425
-
total
12 103
-
67 660
-
Employer
32 310
-
178 000
-
total
-
-
-
-
Corporate
145 690
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%.

7 284
8 901
-
-
total
7 284
8 901
-
-
Dividends
138 406
169 099
-
-
social contributions
19 100
23 335
-
-
withholding
20 762
25 366
-
-
health
9 660
11 803
-
-
total
49 522
60 504
-
-
Income
178 000
178 000
178 000
178 000
Total tax
68 909
69 405
67 660
63 690
After tax
109 091
108 595
110 340
114 310
Living cost
20 206
20 206
20 206
20 206
Free-cash
88 885
88 389
90 134
94 104

Estimated living cost  is ₽20206 per week

₽13523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13473
₽64814
₽57808
₽63337
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
health
-
-
-
8 516
income
-
-
-
50 759
chamber of commerce
-
-
-
712
pensions
-
-
-
20 595
surtax
-
-
-
188
unemployment
-
-
-
5 845
total
-
-
-
86 615
Employee
47 623
37 975
143 432
-
income
5 421
2 801
41 267
-
other
476
380
1 114
-
pensions
4 877
3 888
11 400
-
health
1 843
1 470
4 307
-
unemployment
1 429
1 139
3 340
-
total
14 046
9 678
61 428
-
Employer
47 623
37 975
143 432
-
other
2 262
1 803
6 539
-
unemployment
1 429
1 139
3 340
-
health
1 799
1 436
4 208
-
surtax
188
188
188
-
accident
618
494
1 447
-
pensions
5 977
4 767
13 971
-
payroll
1 429
1 139
4 302
-
chamber of commerce
190
152
573
-
total
13 892
11 118
34 568
-
Corporate
116 485
128 907
139 815
-
income

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

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

29 122
32 227
34 954
-
total
29 122
32 227
34 954
-
Dividends
87 364
96 680
-
-
withholding
24 026
26 586
-
-
total
24 026
26 586
-
-
Income
178 000
178 000
178 000
178 000
Total tax
81 086
79 609
130 950
86 615
After tax
96 914
98 391
47 050
91 385
Living cost
33 577
33 577
33 577
33 577
Free-cash
63 337
64 814
13 473
57 808

Estimated living cost  is ₽33577 per week

₽22395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27359
₽64784
₽42490
₽50492
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
social contributions
-
-
-
23 758
communal

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

-
-
-
9 255
national
-
-
-
67 752
total
-
-
-
100 765
Employee

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

68 163
-
137 865
-
national
20 956
-
50 554
-
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.

5 112
-
10 340
-
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.

3 203
-
6 479
-
communal

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

3 555
-
7 190
-
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.

593
-
1 199
-
total
33 419
-
75 762
-
Employer

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

68 163
-
137 865
-
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.

995
-
2 013
-
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.

4 192
-
8 479
-
surtax
7 729
-
15 635
-
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.

886
-
1 792
-
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.

6 040
-
12 215
-
total
19 842
-
40 134
-
Corporate
89 996
178 000
-
-
surtax
360
712
-
-
income
17 999
35 599
-
-
total
18 359
36 311
-
-
Dividends
71 637
141 688
-
-
withholding

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

21 143
42 160
-
-
total
21 143
42 160
-
-
Income
178 000
178 000
178 000
178 000
Total tax
92 763
78 471
115 896
100 765
After tax
85 237
99 529
62 104
77 235
Living cost
34 745
34 745
34 745
34 745
Free-cash
50 492
64 784
27 359
42 490

Estimated living cost  is ₽34745 per week

₽22380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3038
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.
₽8783
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61366
₽84113
₽65365
₽77583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
accident
-
-
-
796
income
-
-
-
51 723
pensions
-
-
-
24 995
unemployment
-
-
-
618
total
-
-
-
78 221
Employee
47 434
-
149 842
-
income
10 008
-
48 452
-
other
47
-
89
-
pensions
2 230
-
4 152
-
unemployment
736
-
1 369
-
total
13 021
-
54 062
-
Employer
47 434
-
149 842
-
other
378
-
707
-
unemployment
2 609
-
4 857
-
accident
939
-
1 749
-
pensions
11 194
-
20 845
-
total
15 120
-
28 158
-
Corporate
115 446
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.

17 317
26 700
-
-
total
17 317
26 700
-
-
Dividends
98 129
151 300
-
-
withholding
20 545
32 773
-
-
total
20 545
32 773
-
-
Income
178 000
178 000
178 000
178 000
Total tax
66 003
59 473
82 220
78 221
After tax
111 997
118 527
95 780
99 779
Living cost
34 414
34 414
34 414
34 414
Free-cash
77 583
84 113
61 366
65 365

Estimated living cost  is ₽34414 per week

₽25342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42180
₽51623
₽35080
₽39101
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
health
-
-
-
12 507
accident
-
-
-
1 501
income
-
-
-
30 371
pensions
-
-
-
26 680
communal
-
-
-
11 250
surtax
-
-
-
8 825
total
-
-
-
91 134
Employee
72 164
-
159 000
-
surtax
4 423
-
9 743
-
income
6 970
-
35 495
-
pensions
5 772
-
12 720
-
health
3 212
-
7 076
-
total
20 377
-
65 034
-
Employer
72 164
-
159 000
-
health
2 201
-
4 850
-
accident
649
-
1 430
-
pensions
5 772
-
12 720
-
total
8 622
-
19 000
-
Corporate
97 214
178 000
-
-
surtax
1 020
1 870
-
-
income
14 583
26 700
-
-
communal
6 563
12 015
-
-
total
22 166
40 585
-
-
Dividends
75 049
137 415
-
-
income
24 691
13 394
-
-
withholding
11 257
20 612
-
-
total
35 948
34 006
-
-
Income
178 000
178 000
178 000
178 000
Total tax
87 113
74 591
84 034
91 134
After tax
90 887
103 409
93 966
86 866
Living cost
51 786
51 786
51 786
51 786
Free-cash
39 101
51 623
42 180
35 080

Estimated living cost  is ₽51786 per week

₽38847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽9252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56869
₽90559
₽62694
₽87528
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
9 029
income
-
-
-
51 111
pensions
-
-
-
25 436
surtax
-
-
-
8 109
unemployment
-
-
-
217
total
-
-
-
93 902
Employee
32 091
-
151 229
-
surtax
114
-
6 968
-
income
5 380
-
45 411
-
other
-
-
-
-
pensions
2 141
-
8 483
-
health
819
-
3 242
-
unemployment
2 233
-
8 852
-
total
10 687
-
72 956
-
Employer
32 091
-
151 229
-
other
-
-
-
-
unemployment
1 018
-
4 031
-
health
1 459
-
5 787
-
pensions
4 279
-
16 953
-
total
6 756
-
26 771
-
Corporate
139 153
178 000
-
-
income
36 180
46 279
-
-
total
36 180
46 279
-
-
Dividends
102 973
131 721
-
-
withholding
15 445
19 758
-
-
total
15 445
19 758
-
-
Income
178 000
178 000
178 000
178 000
Total tax
69 068
66 037
99 727
93 902
After tax
108 932
111 963
78 273
84 098
Living cost
21 404
21 404
21 404
21 404
Free-cash
87 528
90 559
56 869
62 694

Estimated living cost  is ₽21404 per week

₽12922
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.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50237
₽67892
₽58236
₽65776
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 782
national
-
-
-
44 570
regional
-
-
-
2 684
municipal
-
-
-
1 058
total
-
-
-
94 094
Employee
52 860
-
178 000
-
social contributions
17 825
-
60 021
-
municipal
280
-
944
-
national
8 374
-
38 733
-
regional
712
-
2 395
-
total
27 191
-
102 093
-
Employer
52 860
-
178 000
-
total
-
-
-
-
Corporate
125 140
178 000
-
-
nationa
30 033
42 720
-
-
municipal
6 219
8 846
-
-
total
36 252
51 566
-
-
Dividends
88 888
126 433
-
-
withholding
23 111
32 872
-
-
total
23 111
32 872
-
-
Income
178 000
178 000
178 000
178 000
Total tax
86 554
84 438
102 093
94 094
After tax
91 446
93 562
75 907
83 906
Living cost
25 670
25 670
25 670
25 670
Free-cash
65 776
67 892
50 237
58 236

Estimated living cost  is ₽25670 per week

₽15964
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65306
₽93660
₽72974
₽83352
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 740
health
-
-
-
24 030
income
-
-
-
18 035
solidarity contribution
-
-
-
328
total
-
-
-
76 133
Employee
42 490
-
136 801
-
social contributions
2 762
-
7 511
-
solidarity contribution
-
-
-
-
income
5 099
-
16 623
-
health
5 736
-
18 468
-
total
13 597
-
42 602
-
Employer
42 490
-
136 801
-
health
3 824
-
12 312
-
social contributions
10 623
-
28 887
-
total
14 447
-
41 199
-
Corporate
121 063
178 000
-
-
income
23 002
33 820
-
-
total
23 002
33 820
-
-
Dividends
98 061
144 180
-
-
withholding
14 709
21 627
-
-
total
14 709
21 627
-
-
Income
178 000
178 000
178 000
178 000
Total tax
65 755
55 447
83 801
76 133
After tax
112 245
122 553
94 199
101 867
Living cost
28 893
28 893
28 893
28 893
Free-cash
83 352
93 660
65 306
72 974

Estimated living cost  is ₽28893 per week

₽21487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16696
₽68090
₽61171
₽67617
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
health
-
-
-
8 516
income
-
-
-
50 759
chamber of commerce
-
-
-
712
pensions
-
-
-
20 595
surtax
-
-
-
-
unemployment
-
-
-
5 845
total
-
-
-
86 427
Employee
41 655
37 975
143 605
-
income
3 711
2 801
41 350
-
other
416
380
1 114
-
pensions
4 266
3 888
11 400
-
health
1 611
1 470
4 307
-
unemployment
1 250
1 139
3 340
-
total
11 254
9 678
61 511
-
Employer
41 655
37 975
143 605
-
other
1 978
1 803
6 546
-
unemployment
1 250
1 139
3 340
-
health
1 575
1 436
4 208
-
surtax
-
-
-
-
accident
541
494
1 447
-
pensions
5 228
4 767
13 971
-
payroll
1 250
1 139
4 307
-
chamber of commerce
166
152
575
-
total
11 988
10 930
34 394
-
Corporate
124 357
129 095
139 988
-
income

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

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

31 089
32 274
34 997
-
total
31 089
32 274
34 997
-
Dividends
93 268
96 821
-
-
withholding
25 650
26 626
-
-
total
25 650
26 626
-
-
Income
178 000
178 000
178 000
178 000
Total tax
79 981
79 508
130 902
86 427
After tax
98 019
98 492
47 098
91 573
Living cost
30 402
30 402
30 402
30 402
Free-cash
67 617
68 090
16 696
61 171

Estimated living cost  is ₽30402 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3105
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129986
₽156686
₽163806
₽154358
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 517
-
178 000
-
income
3 104
-
35 600
-
total
3 104
-
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%.

162 483
178 000
-
-
total
-
-
-
-
Dividends
162 483
178 000
-
-
withholding
8 124
8 900
-
-
total
8 124
8 900
-
-
Income
178 000
178 000
178 000
178 000
Total tax
11 228
8 900
35 600
1 780
After tax
166 772
169 100
142 400
176 220
Living cost
12 414
12 414
12 414
12 414
Free-cash
154 358
156 686
129 986
163 806

Estimated living cost  is ₽12414 per week

₽8400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽521
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽416
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56146
₽96992
₽60860
₽89021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
17 516
income
-
-
-
41 289
pensions
-
-
-
32 507
unemployment
-
-
-
268
total
-
-
-
91 580
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.

42 138
-
154 019
-
income
7 267
-
38 275
-
pensions
6 532
-
23 874
-
health
2 722
-
9 950
-
unemployment
60
-
215
-
total
16 581
-
72 314
-
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.

42 138
-
154 019
-
unemployment
25
-
92
-
health
2 807
-
10 257
-
pensions
3 729
-
13 631
-
total
6 561
-
23 980
-
Corporate
129 301
178 000
-
-
income
24 566
33 820
-
-
total
24 566
33 820
-
-
Dividends
104 734
144 180
-
-
withholding
15 711
21 628
-
-
total
15 711
21 628
-
-
Income
178 000
178 000
178 000
178 000
Total tax
63 419
55 448
96 294
91 580
After tax
114 581
122 552
81 706
86 420
Living cost
25 560
25 560
25 560
25 560
Free-cash
89 021
96 992
56 146
60 860

Estimated living cost  is ₽25560 per week

₽17541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121559
₽65042
₽79759
₽17361
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
social contributions
-
-
-
20 292
income
-
-
-
34 696
total
-
-
-
54 988
Employee
62 019
-
-
-
social contributions
5 086
-
725
-
income
13 680
-
-
-
total
18 766
-
725
-
Employer
62 019
-
-
-
social contributions
87 447
-
12 463
-
total
87 447
-
12 463
-
Corporate
28 534
178 000
-
-
income
6 277
39 160
-
-
total
6 277
39 160
-
-
Dividends
22 256
138 840
-
-
income
4 896
30 545
-
-
total
4 896
30 545
-
-
Income
178 000
178 000
178 000
178 000
Total tax
117 386
69 705
13 188
54 988
After tax
60 614
108 295
164 812
123 012
Living cost
43 253
43 253
43 253
43 253
Free-cash
17 361
65 042
121 559
79 759

Estimated living cost  is ₽43253 per week

₽28064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51290
₽71357
₽64787
₽70397
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
61 855
income
-
-
-
21 468
surtax
-
-
-
-
total
-
-
-
83 323
Employee
43 827
-
143 838
-
surtax
-
-
-
-
social contributions
4 821
-
15 823
-
income
9 116
-
46 835
-
total
13 937
-
62 658
-
Employer
43 827
-
143 838
-
social contributions
10 409
-
34 162
-
total
10 409
-
34 162
-
Corporate
123 764
178 000
-
-
surtax
-
-
-
-
income
25 990
37 380
-
-
total
25 990
37 380
-
-
Dividends
97 774
140 620
-
-
withholding
27 377
39 373
-
-
total
27 377
39 373
-
-
Income
178 000
178 000
178 000
178 000
Total tax
77 713
76 753
96 820
83 323
After tax
100 287
101 247
81 180
94 677
Living cost
29 890
29 890
29 890
29 890
Free-cash
70 397
71 357
51 290
64 787

Estimated living cost  is ₽29890 per week

₽22364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50635
₽43688
₽54117
₽50237
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 517
social contributions
-
-
-
5 072
health
-
-
-
7 845
income
-
-
-
28 651
pensions
-
-
-
30 773
surtax
-
-
-
-
total
-
-
-
77 858
Employee
59 683
-
137 363
-
surtax
-
-
-
-
social contributions
1 700
-
3 913
-
income
5 208
-
27 072
-
pensions
6 751
-
9 718
-
total
13 659
-
40 703
-
Employer
59 683
-
137 363
-
other
2 060
-
5 429
-
unemployment
2 418
-
5 562
-
health
4 177
-
12 906
-
pensions
9 807
-
16 328
-
social contributions
179
-
412
-
total
18 641
-
40 637
-
Corporate
99 676
178 000
-
-
surtax
-
-
-
-
income
27 910
49 840
-
-
total
27 910
49 840
-
-
Dividends
71 766
128 160
-
-
social contributions
12 342
22 042
-
-
surtax
-
-
-
-
withholding
9 186
16 405
-
-
total
21 528
38 447
-
-
Income
178 000
178 000
178 000
178 000
Total tax
81 738
88 287
81 340
77 858
After tax
96 262
89 713
96 660
100 142
Living cost
46 025
46 025
46 025
46 025
Free-cash
50 237
43 688
50 635
54 117

Estimated living cost  is ₽46025 per week

₽31149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽631
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106828
₽131556
₽102098
₽128354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 098
social contributions
-
-
-
39 160
total
-
-
-
47 258
Employee
30 635
-
154 112
-
income
-
-
8 622
-
social contributions
1 991
-
10 018
-
total
1 991
-
18 640
-
Employer
30 635
-
154 112
-
social contributions
4 749
-
23 888
-
total
4 749
-
23 888
-
Corporate
142 616
178 000
-
-
income
14 262
17 800
-
-
total
14 262
17 800
-
-
Dividends
128 353
160 200
-
-
total
-
-
-
-
Income
178 000
178 000
178 000
178 000
Total tax
21 002
17 800
42 528
47 258
After tax
156 998
160 200
135 472
130 742
Living cost
28 644
28 644
28 644
28 644
Free-cash
128 354
131 556
106 828
102 098

Estimated living cost  is ₽28644 per week

₽18521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29051
-₽29051
₽58601
-₽29051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 174
pensions
-
-
-
824
national
-
-
-
21 241
municipal
-
-
-
37 393
total
-
-
-
73 632
Employee
193 171
193 171
193 171
-
labour market
15 432
15 432
15 432
-
municipal
41 135
41 135
41 135
-
national
23 599
23 599
23 599
-
pensions
275
275
275
-
total
80 441
80 441
80 441
-
Employer
193 171
193 171
193 171
-
national
23 640
23 640
23 640
-
labour market
15 454
15 454
15 454
-
pensions
549
549
549
-
municipal
41 200
41 200
41 200
-
total
80 843
80 843
80 843
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
178 000
178 000
178 000
178 000
Total tax
161 284
161 284
161 284
73 632
After tax
16 716
16 716
16 716
104 368
Living cost
45 767
45 767
45 767
45 767
Free-cash
-29 051
-29 051
-29 051
58 601

Estimated living cost  is ₽45767 per week

₽31323
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽704
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76281
-₽6319
₽100909
₽11238
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
355
health
-
-
-
2 086
accident
-
-
-
242
income
-
-
-
49 690
pensions
-
-
-
3 981
total
-
-
-
56 354
Employee
32 620
-
160 833
-
income
4 475
-
38 100
-
pensions
3 673
-
7 299
-
health
3 735
-
18 416
-
total
11 883
-
63 815
-
Employer
32 620
-
160 833
-
unemployment
799
-
3 941
-
accident
545
-
2 686
-
pensions
5 304
-
10 540
-
total
6 648
-
17 167
-
Corporate
138 732
178 000
-
-
income

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

124 858
160 200
-
-
total
124 858
160 200
-
-
Dividends
13 873
17 800
-
-
withholding
2 636
3 382
-
-
total
2 636
3 382
-
-
Income
178 000
178 000
178 000
178 000
Total tax
146 025
163 582
80 982
56 354
After tax
31 975
14 418
97 018
121 646
Living cost
20 737
20 737
20 737
20 737
Free-cash
11 238
-6 319
76 281
100 909

Estimated living cost  is ₽20737 per week

₽15094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56146
₽74324
₽76748
₽76962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 344
national
-
-
-
30 704
municipal
-
-
-
31 619
total
-
-
-
64 667
Employee
50 135
-
149 743
-
municipal
8 212
-
24 387
-
national
828
-
18 363
-
pensions
3 383
-
10 107
-
health
374
-
1 908
-
unemployment
752
-
2 246
-
total
13 549
-
57 011
-
Employer
50 135
-
149 743
-
unemployment
326
-
973
-
health
385
-
1 154
-
accident
51
-
150
-
pensions
8 698
-
25 981
-
total
9 460
-
28 258
-
Corporate
118 405
178 000
-
-
income
23 680
35 599
-
-
total
23 680
35 599
-
-
Dividends

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

71 044
106 801
-
-
national
4 975
12 267
-
-
municipal
12 789
19 225
-
-
total
17 764
31 492
-
-
Income
178 000
178 000
178 000
178 000
Total tax
64 453
67 091
85 269
64 667
After tax
113 547
110 909
92 731
113 333
Living cost
36 585
36 585
36 585
36 585
Free-cash
76 962
74 324
56 146
76 748

Estimated living cost  is ₽36585 per week

₽23897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3519
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.
₽8588
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97552
₽107757
₽99091
₽102571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 418
health
-
-
-
4 539
income
-
-
-
36 889
total
-
-
-
56 846
Employee
73 275
73 275
166 712
-
social contributions
2 770
6 081
8 203
-
income
7 978
6 783
36 060
-
health
568
1 246
2 834
-
total
11 316
14 110
47 097
-
Employer
73 275
73 275
166 712
-
health
617
1 356
3 085
-
social contributions
2 770
6 081
8 203
-
total
3 387
7 437
11 288
-
Corporate
141 234
97 287
-
-
income
17 655
12 161
-
-
total
17 655
12 161
-
-
Dividends
123 579
85 126
-
-
withholding
21 008
14 472
-
-
total
21 008
14 472
-
-
Income
178 000
178 000
178 000
178 000
Total tax
53 366
48 180
58 385
56 846
After tax
124 634
129 820
119 615
121 154
Living cost
22 063
22 063
22 063
22 063
Free-cash
102 571
107 757
97 552
99 091

Estimated living cost  is ₽22063 per week

₽13223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6188
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116025
₽132272
₽135138
₽127424
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 449
income
-
-
-
18 194
pensions
-
-
-
6 062
unemployment
-
-
-
27
total
-
-
-
27 732
Employee

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

21 873
-
168 687
-
income
1 496
-
15 832
-
pensions
3 280
-
13 563
-
health
1 859
-
7 685
-
unemployment
109
-
452
-
total
6 744
-
37 532
-
Employer

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

21 873
-
168 687
-
unemployment
109
-
452
-
health
940
-
3 888
-
pensions
1 203
-
4 973
-
total
2 252
-
9 313
-
Corporate
153 876
178 000
-
-
income
13 848
16 020
-
-
total
13 848
16 020
-
-
Dividends
140 027
161 980
-
-
withholding
12 602
14 579
-
-
total
12 602
14 579
-
-
Income
178 000
178 000
178 000
178 000
Total tax
35 446
30 599
46 845
27 732
After tax
142 554
147 401
131 155
150 268
Living cost
15 130
15 130
15 130
15 130
Free-cash
127 424
132 272
116 025
135 138

Estimated living cost  is ₽15130 per week

₽9653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1090
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69576
₽92323
₽73575
₽88115
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
accident
-
-
-
796
income
-
-
-
51 723
pensions
-
-
-
24 995
unemployment
-
-
-
618
total
-
-
-
78 221
Employee
35 235
-
149 842
-
income
6 793
-
48 452
-
other
34
-
89
-
pensions
1 656
-
4 152
-
unemployment
546
-
1 369
-
total
9 029
-
54 062
-
Employer
35 235
-
149 842
-
other
282
-
707
-
unemployment
1 939
-
4 857
-
accident
698
-
1 749
-
pensions
8 315
-
20 845
-
total
11 234
-
28 158
-
Corporate
131 531
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.

19 729
26 700
-
-
total
19 729
26 700
-
-
Dividends
111 802
151 300
-
-
withholding
23 689
32 773
-
-
total
23 689
32 773
-
-
Income
178 000
178 000
178 000
178 000
Total tax
63 681
59 473
82 220
78 221
After tax
114 319
118 527
95 780
99 779
Living cost
26 204
26 204
26 204
26 204
Free-cash
88 115
92 323
69 576
73 575

Estimated living cost  is ₽26204 per week

₽17687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽112765
₽109303
₽112891
₽109012
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
health
-
-
-
936
income
-
-
-
61 113
pensions
-
-
-
1 291
total
-
-
-
63 340
Employee
2 695
-
176 548
-
income
521
-
61 045
-
pensions
243
-
581
-
health
135
-
323
-
unemployment
27
-
65
-
total
926
-
62 014
-
Employer
2 695
-
176 548
-
unemployment
54
-
129
-
health
256
-
613
-
pensions
296
-
710
-
total
606
-
1 452
-
Corporate
174 699
178 000
-
-
income
38 434
39 160
-
-
total
38 434
39 160
-
-
Dividends
136 265
138 840
-
-
withholding
27 253
27 768
-
-
total
27 253
27 768
-
-
Income
178 000
178 000
178 000
178 000
Total tax
67 219
66 928
63 466
63 340
After tax
110 781
111 072
114 534
114 660
Living cost
1 769
1 769
1 769
1 769
Free-cash
109 012
109 303
112 765
112 891

Estimated living cost  is ₽1769 per week

₽1051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94429
₽112146
₽94430
₽107464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 244
income
-
-
-
40 525
pensions
-
-
-
18 287
unemployment
-
-
-
1 055
total
-
-
-
67 111
Employee

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

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

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

24 818
-
165 410
-
income
3 421
-
40 525
-
pensions
3 475
-
9 847
-
health
1 278
-
3 622
-
unemployment
186
-
528
-
total
8 360
-
54 522
-
Employer

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

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

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

24 818
-
165 410
-
unemployment
186
-
528
-
health
1 278
-
3 622
-
pensions
2 978
-
8 440
-
total
4 442
-
12 590
-
Corporate
148 739
178 000
-
-
income
22 311
26 700
-
-
total
22 311
26 700
-
-
Dividends
126 428
151 300
-
-
withholding
18 964
22 695
-
-
total
18 964
22 695
-
-
Income
178 000
178 000
178 000
178 000
Total tax
54 077
49 395
67 112
67 111
After tax
123 923
128 605
110 888
110 889
Living cost
16 459
16 459
16 459
16 459
Free-cash
107 464
112 146
94 429
94 430

Estimated living cost  is ₽16459 per week

₽11082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3628
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55490
₽75557
₽68987
₽75212
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
61 855
income
-
-
-
21 468
surtax
-
-
-
-
total
-
-
-
83 323
Employee
36 985
-
143 838
-
surtax
-
-
-
-
social contributions
4 069
-
15 823
-
income
7 227
-
46 835
-
total
11 296
-
62 658
-
Employer
36 985
-
143 838
-
social contributions
8 783
-
34 162
-
total
8 783
-
34 162
-
Corporate
132 232
178 000
-
-
surtax
-
-
-
-
income
27 769
37 380
-
-
total
27 769
37 380
-
-
Dividends
104 463
140 620
-
-
withholding
29 250
39 373
-
-
total
29 250
39 373
-
-
Income
178 000
178 000
178 000
178 000
Total tax
77 098
76 753
96 820
83 323
After tax
100 902
101 247
81 180
94 677
Living cost
25 690
25 690
25 690
25 690
Free-cash
75 212
75 557
55 490
68 987

Estimated living cost  is ₽25690 per week

₽18196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62290
₽85037
₽66289
₽78802
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
accident
-
-
-
796
income
-
-
-
51 723
pensions
-
-
-
24 995
unemployment
-
-
-
618
total
-
-
-
78 221
Employee
46 022
-
149 842
-
income
9 612
-
48 452
-
other
45
-
89
-
pensions
2 163
-
4 152
-
unemployment
712
-
1 369
-
total
12 532
-
54 062
-
Employer
46 022
-
149 842
-
other
369
-
707
-
unemployment
2 532
-
4 857
-
accident
911
-
1 749
-
pensions
10 861
-
20 845
-
total
14 673
-
28 158
-
Corporate
117 305
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.

17 595
26 700
-
-
total
17 595
26 700
-
-
Dividends
99 710
151 300
-
-
withholding
20 908
32 773
-
-
total
20 908
32 773
-
-
Income
178 000
178 000
178 000
178 000
Total tax
65 708
59 473
82 220
78 221
After tax
112 292
118 527
95 780
99 779
Living cost
33 490
33 490
33 490
33 490
Free-cash
78 802
85 037
62 290
66 289

Estimated living cost  is ₽33490 per week

₽24051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133300
₽135913
₽126198
₽130146
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
health
-
-
-
3 801
income
-
-
-
26 700
pensions

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

-
-
-
4 892
unemployment
-
-
-
132
total
-
-
-
35 525
Employee
21 553
-
171 516
-
income
2 156
-
17 152
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

1 892
-
2 902
-
health
992
-
1 520
-
total
5 277
-
21 938
-
Employer
21 553
-
171 516
-
unemployment
129
-
198
-
health
1 487
-
2 281
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

2 375
-
3 642
-
total
4 228
-
6 485
-
Corporate
152 218
178 000
-
-
income
15 222
17 800
-
-
total
15 222
17 800
-
-
Dividends
136 996
160 200
-
-
withholding
6 850
8 010
-
-
total
6 850
8 010
-
-
Income
178 000
178 000
178 000
178 000
Total tax
31 577
25 810
28 423
35 525
After tax
146 423
152 190
149 577
142 475
Living cost
16 277
16 277
16 277
16 277
Free-cash
130 146
135 913
133 300
126 198

Estimated living cost  is ₽16277 per week

₽10765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75464
₽54802
₽56279
₽67265
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 510
income

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

-
-
-
56 147
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.

-
-
-
3 089
trade
-
-
-
19 185
total
-
-
-
84 931
Employee

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

47 414
-
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.

215
-
3 089
-
income

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

3 899
-
56 147
-
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.

6 510
-
6 510
-
total
10 624
-
65 746
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 586
178 000
-
-
chamber of commerce
336
405
-
-
surtax

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

1 078
1 468
-
-
trade
18 740
25 543
-
-
income
19 588
26 700
-
-
total
39 742
54 116
-
-
Dividends
90 844
123 883
-
-
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.

1 230
1 684
-
-
withholding
22 349
30 608
-
-
total
23 579
32 292
-
-
Income
178 000
178 000
178 000
178 000
Total tax
73 945
86 408
65 746
84 931
After tax
104 055
91 592
112 254
93 069
Living cost
36 790
36 790
36 790
36 790
Free-cash
67 265
54 802
75 464
56 279

Estimated living cost  is ₽36790 per week

₽25378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3958
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.
₽6919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38336
₽70316
₽38336
₽72421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 449
social contributions
-
-
-
29 932
total
-
-
-
85 381
Employee
74 540
-
178 000
-
income
14 065
-
55 449
-
social contributions
6 193
-
29 932
-
total
20 258
-
85 381
-
Employer
74 540
-
178 000
-
total
-
-
-
-
Corporate
103 460
178 000
-
-
income
12 933
22 250
-
-
total
12 933
22 250
-
-
Dividends
90 527
155 750
-
-
withholding
18 105
31 151
-
-
total
18 105
31 151
-
-
Income
178 000
178 000
178 000
178 000
Total tax
51 296
53 401
85 381
85 381
After tax
126 704
124 599
92 619
92 619
Living cost
54 283
54 283
54 283
54 283
Free-cash
72 421
70 316
38 336
38 336

Estimated living cost  is ₽54283 per week

₽41297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91353
₽76076
₽110380
₽79405
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 125
health

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

-
-
-
5 904
total
-
-
-
33 029
Employee
43 714
-
173 617
-
income
4 743
-
43 290
-
social contributions
4 380
-
4 383
-
total
9 123
-
47 673
-
Employer
43 714
-
173 617
-
social contributions
4 380
-
4 383
-
total
4 380
-
4 383
-
Corporate
129 906
178 000
-
-
income
45 467
62 299
-
-
total
45 467
62 299
-
-
Dividends
84 438
115 701
-
-
social contributions
5 034
5 034
-
-
total
5 034
5 034
-
-
Income
178 000
178 000
178 000
178 000
Total tax
64 004
67 333
52 056
33 029
After tax
113 996
110 667
125 944
144 971
Living cost
34 591
34 591
34 591
34 591
Free-cash
79 405
76 076
91 353
110 380

Estimated living cost  is ₽34591 per week

₽22785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66021
₽80170
₽82069
₽85766
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 097
pensions
-
-
-
8 733
total
-
-
-
60 830
Employee
48 181
-
155 386
-
income
8 774
-
41 398
-
health
629
-
2 208
-
pensions
3 677
-
10 658
-
total
13 080
-
54 264
-
Employer
48 181
-
155 386
-
health
916
-
2 953
-
pensions
4 868
-
19 661
-
total
5 784
-
22 614
-
Corporate
124 036
178 000
-
-
income

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

23 567
33 821
-
-
total
23 567
33 821
-
-
Dividends
100 469
144 179
-
-
withholding
14 702
28 908
-
-
total
14 702
28 908
-
-
Income
178 000
178 000
178 000
178 000
Total tax
57 133
62 729
76 878
60 830
After tax
120 867
115 271
101 122
117 170
Living cost
35 101
35 101
35 101
35 101
Free-cash
85 766
80 170
66 021
82 069

Estimated living cost  is ₽35101 per week

₽24079
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽74228
-₽8372
₽98856
₽10921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
355
health
-
-
-
2 086
accident
-
-
-
242
income
-
-
-
49 690
pensions
-
-
-
3 981
total
-
-
-
56 354
Employee
35 849
-
160 833
-
income
4 918
-
38 100
-
pensions
4 037
-
7 299
-
health
4 105
-
18 416
-
total
13 060
-
63 815
-
Employer
35 849
-
160 833
-
unemployment
878
-
3 941
-
accident
599
-
2 686
-
pensions
5 829
-
10 540
-
total
7 306
-
17 167
-
Corporate
134 845
178 000
-
-
income

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

121 361
160 200
-
-
total
121 361
160 200
-
-
Dividends
13 484
17 800
-
-
withholding
2 562
3 382
-
-
total
2 562
3 382
-
-
Income
178 000
178 000
178 000
178 000
Total tax
144 289
163 582
80 982
56 354
After tax
33 711
14 418
97 018
121 646
Living cost
22 790
22 790
22 790
22 790
Free-cash
10 921
-8 372
74 228
98 856

Estimated living cost  is ₽22790 per week

₽16725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114722
₽123318
₽93799
₽132483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 505
health insurance
-
-
-
11 260
work injury
-
-
-
761
pensions
-
-
-
27 997
unemployment
-
-
-
1 826
total
-
-
-
71 349
Employee

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

20 563
-
178 000
-
income
2 056
-
29 505
-
work injury
103
-
380
-
health insurance
1 522
-
5 630
-
pensions
3 784
-
13 998
-
unemployment
247
-
913
-
total
7 712
-
50 426
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
157 437
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%.

1 574
17 800
-
-
total
1 574
17 800
-
-
Dividends
155 863
160 200
-
-
withholding
23 379
24 030
-
-
total
23 379
24 030
-
-
Income
178 000
178 000
178 000
178 000
Total tax
32 665
41 830
50 426
71 349
After tax
145 335
136 170
127 574
106 651
Living cost
12 852
12 852
12 852
12 852
Free-cash
132 483
123 318
114 722
93 799

Estimated living cost  is ₽12852 per week

₽7962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36594
₽55796
₽44408
₽51461
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 782
national
-
-
-
44 570
regional
-
-
-
4 088
municipal
-
-
-
1 190
total
-
-
-
95 630
Employee
80 299
-
178 000
-
social contributions
27 076
-
60 021
-
municipal
479
-
1 062
-
national
13 570
-
38 733
-
regional
1 212
-
3 628
-
total
42 337
-
103 444
-
Employer
80 299
-
178 000
-
total
-
-
-
-
Corporate
97 701
178 000
-
-
nationa
23 449
42 720
-
-
municipal
4 709
8 579
-
-
total
28 158
51 299
-
-
Dividends
69 543
126 701
-
-
withholding
18 082
32 943
-
-
total
18 082
32 943
-
-
Income
178 000
178 000
178 000
178 000
Total tax
88 577
84 242
103 444
95 630
After tax
89 423
93 758
74 556
82 370
Living cost
37 962
37 962
37 962
37 962
Free-cash
51 461
55 796
36 594
44 408

Estimated living cost  is ₽37962 per week

₽26666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
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.
₽8110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close