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
₽60148
₽70962
₽62105
₽82978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 000
trade
-
-
-
20 873
income

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

-
-
-
55 659
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.

-
-
-
6 681
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.

-
-
-
3 062
total
-
-
-
86 275
Employee

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

37 403
-
178 000
-
income

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

1 045
-
55 659
-
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.

58
-
3 062
-
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.

6 681
-
6 681
-
total
7 784
-
65 402
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
140 597
178 000
-
-
income
21 090
26 700
-
-
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.

1 160
1 468
-
-
trade
22 144
28 035
-
-
chamber of commerce
351
405
-
-
total
44 745
56 608
-
-
Dividends
95 852
121 393
-
-
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.

1 297
1 648
-
-
withholding
23 592
29 976
-
-
total
24 889
31 624
-
-
Income
178 000
178 000
178 000
178 000
Total tax
77 418
88 232
65 402
86 275
After tax
100 582
89 768
112 598
91 725
Living cost
29 620
29 620
29 620
29 620
Free-cash
70 962
60 148
82 978
62 105

Estimated living cost  is ₽29620 per week

₽18632
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6981
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57330
₽56436
₽51425
₽52824
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
municipal
-
-
-
19 438
national
-
-
-
30 121
pensions
-
-
-
21 360
social contributions
-
-
-
1 914
total
-
-
-
72 833
Employee
83 311
-
153 879
-
national
15 946
-
31 188
-
pensions
3 332
-
6 155
-
municipal
10 290
-
20 127
-
total
29 568
-
57 470
-
Employer
83 311
-
153 879
-
social contributions
896
-
1 654
-
pensions
6 665
-
12 310
-
total
7 561
-
13 964
-
Corporate
81 630
178 000
-
-
income

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

16 326
35 600
-
-
total
16 326
35 600
-
-
Dividends
65 304
142 400
-
-
withholding
14 367
31 328
-
-
total
14 367
31 328
-
-
Income
178 000
178 000
178 000
178 000
Total tax
67 822
66 928
71 434
72 833
After tax
110 178
111 072
106 566
105 167
Living cost
53 742
53 742
53 742
53 742
Free-cash
56 436
57 330
52 824
51 425

Estimated living cost  is ₽53742 per week

₽36528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽804
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122056
₽114034
₽41575
₽54837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
33 225
surtax
-
-
-
45 389
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.

-
-
-
37 467
total
-
-
-
116 081
Employee
28 574
-
135 068
-
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.

3 144
-
12 819
-
income
5 087
-
27 483
-
surtax
-
-
19 585
-
total
8 231
-
59 887
-
Employer
28 574
-
135 068
-
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.

6 883
-
28 075
-
surtax
-
-
14 857
-
total
6 883
-
42 932
-
Corporate
142 543
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%.

28 508
35 600
-
-
total
28 508
35 600
-
-
Dividends

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

114 035
142 400
-
-
total
-
-
-
-
Income
178 000
178 000
178 000
178 000
Total tax
43 622
35 600
102 819
116 081
After tax
134 378
142 400
75 181
61 919
Living cost
20 344
20 344
20 344
20 344
Free-cash
114 034
122 056
54 837
41 575

Estimated living cost  is ₽20344 per week

₽12979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47248
₽41258
₽56905
₽70869
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 614
health
-
-
-
12 059
pensions
-
-
-
11 457
total
-
-
-
80 130
Employee
83 508
83 508
159 827
-
pensions
15 031
11 457
11 457
-
income

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

13 669
13 669
24 477
-
health
12 818
10 902
12 059
-
total
41 518
36 028
47 993
-
Employer
83 508
83 508
159 827
-
health
5 805
5 805
7 213
-
pensions
5 812
5 812
7 224
-
unemployment
3 006
3 006
3 736
-
total
14 623
14 623
18 173
-
Corporate
80 893
79 869
-
-
income
16 178
15 974
-
-
total
16 178
15 974
-
-
Dividends
64 715
63 895
-
-
income
13 751
13 577
-
-
withholding
9 707
9 585
-
-
total
23 458
23 162
-
-
Income
178 000
178 000
178 000
178 000
Total tax
95 777
89 787
66 166
80 130
After tax
82 223
88 213
111 834
97 870
Living cost
40 965
40 965
40 965
40 965
Free-cash
41 258
47 248
70 869
56 905

Estimated living cost  is ₽40965 per week

₽29031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3693
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58218
₽57342
₽52064
₽51117
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
municipal
-
-
-
45 701
national
-
-
-
16 522
unemployment
-
-
-
85
accident
-
-
-
171
health
-
-
-
5 329
pensions
-
-
-
9 233
other
-
-
-
9 925
total
-
-
-
86 966
Employee
55 529
-
151 164
-
national
-
-
15 999
-
municipal
16 559
-
45 077
-
total
16 559
-
61 076
-
Employer
55 529
-
151 164
-
health
3 415
-
5 253
-
pensions
6 003
-
9 233
-
accident
111
-
171
-
other
6 453
-
9 925
-
unemployment
1 466
-
2 255
-
total
17 448
-
26 837
-
Corporate
105 024
178 000
-
-
income
23 105
39 160
-
-
total
23 105
39 160
-
-
Dividends
81 918
138 840
-
-
withholding
24 576
41 652
-
-
total
24 576
41 652
-
-
Income
178 000
178 000
178 000
178 000
Total tax
81 688
80 812
87 913
86 966
After tax
96 312
97 188
90 087
91 034
Living cost
38 970
38 970
38 970
38 970
Free-cash
57 342
58 218
51 117
52 064

Estimated living cost  is ₽38970 per week

₽25828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50436
₽64175
₽52381
₽74182
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 000
trade
-
-
-
21 801
income

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

-
-
-
55 659
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.

-
-
-
6 681
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.

-
-
-
3 062
total
-
-
-
87 203
Employee

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

49 591
-
178 000
-
income

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

4 261
-
55 659
-
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.

234
-
3 062
-
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.

6 681
-
6 681
-
total
11 176
-
65 402
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
128 409
178 000
-
-
income
19 261
26 700
-
-
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.

1 060
1 468
-
-
trade
21 124
29 282
-
-
chamber of commerce
330
401
-
-
total
41 775
57 851
-
-
Dividends
86 635
120 149
-
-
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.

1 171
1 631
-
-
withholding
21 287
29 666
-
-
total
22 458
31 297
-
-
Income
178 000
178 000
178 000
178 000
Total tax
75 409
89 148
65 402
87 203
After tax
102 591
88 852
112 598
90 797
Living cost
38 416
38 416
38 416
38 416
Free-cash
64 175
50 436
74 182
52 381

Estimated living cost  is ₽38416 per week

₽25693
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4051
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.
₽8098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98114
₽94060
₽89658
₽88105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 263
health
-
-
-
4 539
social contributions
-
-
-
15 822
total
-
-
-
56 624
Employee
75 195
75 195
166 502
-
social contributions
3 654
6 241
8 418
-
income
7 896
6 961
35 430
-
health
748
1 279
2 830
-
total
12 298
14 481
46 678
-
Employer
75 195
75 195
166 502
-
social contributions
3 654
6 241
8 418
-
health
815
1 392
3 081
-
total
4 469
7 633
11 499
-
Corporate
129 516
95 172
-
-
income
16 189
11 897
-
-
total
16 189
11 897
-
-
Dividends
113 326
83 275
-
-
withholding
19 266
14 157
-
-
total
19 266
14 157
-
-
Income
178 000
178 000
178 000
178 000
Total tax
52 222
48 168
58 177
56 624
After tax
125 778
129 832
119 823
121 376
Living cost
31 718
31 718
31 718
31 718
Free-cash
94 060
98 114
88 105
89 658

Estimated living cost  is ₽31718 per week

₽21682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2477
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.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80859
₽81258
₽104161
₽84040
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
2 670
income
-
-
-
21 761
health
-
-
-
12 460
pensions
-
-
-
17 800
total
-
-
-
54 691
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.

27 640
11 000
148 954
-
pensions
2 764
1 100
14 895
-
unemployment
415
165
2 234
-
income
3 379
1 345
18 210
-
health
1 935
770
10 427
-
total
8 493
3 380
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.

27 640
11 000
148 954
-
pensions
5 390
2 145
29 046
-
total
5 390
2 145
29 046
-
Corporate
144 970
164 855
-
-
income
13 047
14 837
-
-
total
13 047
14 837
-
-
Dividends
131 923
150 018
-
-
social contributions
25 599
29 128
-
-
withholding
25 065
28 503
-
-
total
50 664
57 631
-
-
Income
178 000
178 000
178 000
178 000
Total tax
77 594
77 993
74 812
54 691
After tax
100 406
100 007
103 188
123 309
Living cost
19 148
19 148
19 148
19 148
Free-cash
81 258
80 859
84 040
104 161

Estimated living cost  is ₽19148 per week

₽13067
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1567
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118780
₽112704
₽71789
₽78979
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
income
-
-
-
23 852
health
-
-
-
23 139
pensions
-
-
-
35 600
total
-
-
-
82 591
Employee
27 741
-
133 032
-
pensions
555
-
2 661
-
unemployment
444
-
2 129
-
income
3 123
-
25 648
-
total
4 122
-
30 438
-
Employer
27 741
-
133 032
-
health
3 606
-
17 294
-
pensions
5 549
-
26 606
-
unemployment
223
-
1 063
-
total
9 378
-
44 963
-
Corporate
140 882
178 000
-
-
income
28 176
35 600
-
-
total
28 176
35 600
-
-
Dividends
112 706
142 400
-
-
total
-
-
-
-
Income
178 000
178 000
178 000
178 000
Total tax
41 676
35 600
75 401
82 591
After tax
136 324
142 400
102 599
95 409
Living cost
23 620
23 620
23 620
23 620
Free-cash
112 704
118 780
78 979
71 789

Estimated living cost  is ₽23620 per week

₽16201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5538
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6748
₽11171
₽100484
₽75820
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
accident
-
-
-
243
income
-
-
-
49 649
health
-
-
-
2 098
pensions
-
-
-
4 003
other
-
-
-
357
total
-
-
-
56 350
Employee
33 295
-
160 777
-
pensions
3 749
-
7 340
-
income
4 568
-
38 042
-
health
3 812
-
18 409
-
total
12 129
-
63 791
-
Employer
33 295
-
160 777
-
pensions
5 414
-
10 599
-
accident
556
-
2 685
-
unemployment
816
-
3 939
-
total
6 786
-
17 223
-
Corporate
137 920
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.

124 128
160 200
-
-
total
124 128
160 200
-
-
Dividends
13 792
17 800
-
-
withholding
2 620
3 382
-
-
total
2 620
3 382
-
-
Income
178 000
178 000
178 000
178 000
Total tax
145 663
163 582
81 014
56 350
After tax
32 337
14 418
96 986
121 650
Living cost
21 166
21 166
21 166
21 166
Free-cash
11 171
-6 748
75 820
100 484

Estimated living cost  is ₽21166 per week

₽15513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160615
₽159024
₽167735
₽133915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 000
microenterprise

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

-
-
-
1 780
total
-
-
-
1 780
Employee
10 606
-
178 000
-
income
2 121
-
35 600
-
total
2 121
-
35 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

167 394
178 000
-
-
total
-
-
-
-
Dividends
167 394
178 000
-
-
withholding
8 370
8 900
-
-
total
8 370
8 900
-
-
Income
178 000
178 000
178 000
178 000
Total tax
10 491
8 900
35 600
1 780
After tax
167 509
169 100
142 400
176 220
Living cost
8 485
8 485
8 485
8 485
Free-cash
159 024
160 615
133 915
167 735

Estimated living cost  is ₽8485 per week

₽5258
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽705
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104720
₽98116
₽74610
₽74689
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 038
health
-
-
-
6 543
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.

-
-
-
35 689
other
-
-
-
7 063
total
-
-
-
77 333
Employee
35 506
-
142 171
-
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.

2 485
-
9 950
-
unemployment
354
-
1 421
-
income
6 113
-
28 064
-
health
497
-
1 991
-
total
9 449
-
41 426
-
Employer
35 506
-
142 171
-
health
497
-
1 991
-
pensions

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

6 037
-
24 169
-
accident
284
-
1 138
-
other
1 776
-
7 109
-
unemployment
354
-
1 421
-
total
8 948
-
35 828
-
Corporate
133 545
178 000
-
-
income
28 044
37 380
-
-
total
28 044
37 380
-
-
Dividends
105 502
140 620
-
-
withholding
7 386
9 843
-
-
total
7 386
9 843
-
-
Income
178 000
178 000
178 000
178 000
Total tax
53 827
47 223
77 254
77 333
After tax
124 173
130 777
100 746
100 667
Living cost
26 057
26 057
26 057
26 057
Free-cash
98 116
104 720
74 689
74 610

Estimated living cost  is ₽26057 per week

₽18411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5467
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50404
₽54377
₽52100
₽36018
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
income
-
-
-
51 445
pensions
-
-
-
8 924
total
-
-
-
60 369
Employee
92 717
-
155 443
-
pensions
8 945
-
10 937
-
income
16 713
-
40 725
-
health
1 528
-
2 232
-
total
27 186
-
53 894
-
Employer
92 717
-
155 443
-
health
1 761
-
2 954
-
pensions
10 947
-
19 603
-
total
12 708
-
22 557
-
Corporate
72 575
178 000
-
-
income

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

13 789
33 819
-
-
total
13 789
33 819
-
-
Dividends
58 786
144 181
-
-
withholding
4 409
28 246
-
-
total
4 409
28 246
-
-
Income
178 000
178 000
178 000
178 000
Total tax
58 092
62 065
76 451
60 369
After tax
119 908
115 935
101 549
117 631
Living cost
65 531
65 531
65 531
65 531
Free-cash
54 377
50 404
36 018
52 100

Estimated living cost  is ₽65531 per week

₽49104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7700
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.
₽8196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽139100
₽134464
₽128899
₽135903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
139
income
-
-
-
26 700
health
-
-
-
4 011
pensions

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

-
-
-
5 161
total
-
-
-
36 011
Employee
17 333
-
171 158
-
pensions

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

1 522
-
3 062
-
income
1 733
-
17 115
-
health
797
-
1 604
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 243
-
22 165
-
Employer
17 333
-
171 158
-
health
1 196
-
2 406
-
pensions

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

1 910
-
3 843
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
unemployment
104
-
209
-
total
3 401
-
6 842
-
Corporate
157 266
178 000
-
-
income
15 726
17 800
-
-
total
15 726
17 800
-
-
Dividends
141 539
160 200
-
-
withholding
7 076
8 010
-
-
total
7 076
8 010
-
-
Income
178 000
178 000
178 000
178 000
Total tax
30 446
25 810
29 007
36 011
After tax
147 554
152 190
148 993
141 989
Living cost
13 090
13 090
13 090
13 090
Free-cash
134 464
139 100
135 903
128 899

Estimated living cost  is ₽13090 per week

₽7642
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4166
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33987
₽36447
₽43644
₽57608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 614
health
-
-
-
12 059
pensions
-
-
-
11 457
total
-
-
-
80 130
Employee
90 663
83 508
159 827
-
pensions
11 457
11 457
11 457
-
income

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

13 669
13 669
24 477
-
health
11 311
10 902
12 059
-
total
36 437
36 028
47 993
-
Employer
90 663
83 508
159 827
-
health
6 300
5 805
7 213
-
pensions
6 309
5 812
7 224
-
unemployment
3 264
3 006
3 736
-
total
15 873
14 623
18 173
-
Corporate
71 463
79 869
-
-
income
14 293
15 974
-
-
total
14 293
15 974
-
-
Dividends
57 170
63 895
-
-
income
12 149
13 577
-
-
withholding
8 575
9 585
-
-
total
20 724
23 162
-
-
Income
178 000
178 000
178 000
178 000
Total tax
87 327
89 787
66 166
80 130
After tax
90 673
88 213
111 834
97 870
Living cost
54 226
54 226
54 226
54 226
Free-cash
36 447
33 987
57 608
43 644

Estimated living cost  is ₽54226 per week

₽40000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98345
₽89709
₽77058
₽69153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
income
-
-
-
17 870
health
-
-
-
24 030
social contributions
-
-
-
34 834
total
-
-
-
76 734
Employee
35 599
-
135 942
-
social contributions
2 314
-
7 754
-
income
4 272
-
16 475
-
solidarity contribution
-
-
-
-
health
4 806
-
18 352
-
total
11 392
-
42 581
-
Employer
35 599
-
135 942
-
social contributions
8 900
-
29 823
-
health
3 204
-
12 235
-
total
12 104
-
42 058
-
Corporate
130 297
178 000
-
-
income
24 756
33 820
-
-
total
24 756
33 820
-
-
Dividends
105 540
144 180
-
-
withholding
15 831
21 627
-
-
total
15 831
21 627
-
-
Income
178 000
178 000
178 000
178 000
Total tax
64 083
55 447
84 639
76 734
After tax
113 917
122 553
93 361
101 266
Living cost
24 208
24 208
24 208
24 208
Free-cash
89 709
98 345
69 153
77 058

Estimated living cost  is ₽24208 per week

₽16815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1722
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.
₽5195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53705
₽48601
₽43471
₽35428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
municipal
-
-
-
1 058
national
-
-
-
44 319
regional
-
-
-
2 107
social contributions
-
-
-
45 781
total
-
-
-
93 265
Employee
86 909
-
178 000
-
national
15 059
-
38 481
-
social contributions
29 306
-
60 022
-
municipal
460
-
945
-
regional
820
-
1 860
-
total
45 645
-
101 308
-
Employer
86 909
-
178 000
-
total
-
-
-
-
Corporate
91 091
178 000
-
-
municipal
3 552
6 942
-
-
nationa
21 862
42 721
-
-
total
25 414
49 663
-
-
Dividends
65 677
128 337
-
-
withholding
17 076
33 368
-
-
total
17 076
33 368
-
-
Income
178 000
178 000
178 000
178 000
Total tax
88 135
83 031
101 308
93 265
After tax
89 865
94 969
76 692
84 735
Living cost
41 264
41 264
41 264
41 264
Free-cash
48 601
53 705
35 428
43 471

Estimated living cost  is ₽41264 per week

₽28764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90383
₽87339
₽62575
₽56600
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
223
income
-
-
-
50 352
health
-
-
-
9 266
surtax
-
-
-
7 902
pensions
-
-
-
26 103
other
-
-
-
-
total
-
-
-
93 846
Employee
32 338
-
150 528
-
pensions
2 156
-
8 705
-
unemployment
2 251
-
9 084
-
income
5 421
-
44 502
-
other
-
-
-
-
surtax
106
-
6 731
-
health
826
-
3 327
-
total
10 760
-
72 349
-
Employer
32 338
-
150 528
-
health
1 472
-
5 938
-
pensions
4 311
-
17 398
-
other
-
-
-
-
unemployment
1 024
-
4 136
-
total
6 807
-
27 472
-
Corporate
138 855
178 000
-
-
income
36 101
46 280
-
-
total
36 101
46 280
-
-
Dividends
102 753
131 720
-
-
withholding
15 414
19 758
-
-
total
15 414
19 758
-
-
Income
178 000
178 000
178 000
178 000
Total tax
69 082
66 038
99 821
93 846
After tax
108 918
111 962
78 179
84 154
Living cost
21 579
21 579
21 579
21 579
Free-cash
87 339
90 383
56 600
62 575

Estimated living cost  is ₽21579 per week

₽13194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1991
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.
₽5896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71166
₽77640
₽72862
₽56780
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
income
-
-
-
51 445
pensions
-
-
-
8 924
total
-
-
-
60 369
Employee
62 136
-
155 443
-
pensions
5 274
-
10 937
-
income
11 191
-
40 725
-
health
902
-
2 232
-
total
17 367
-
53 894
-
Employer
62 136
-
155 443
-
health
1 180
-
2 954
-
pensions
6 726
-
19 603
-
total
7 906
-
22 557
-
Corporate
107 957
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.

20 511
33 819
-
-
total
20 511
33 819
-
-
Dividends
87 446
144 181
-
-
withholding
9 807
28 246
-
-
total
9 807
28 246
-
-
Income
178 000
178 000
178 000
178 000
Total tax
55 591
62 065
76 451
60 369
After tax
122 409
115 935
101 549
117 631
Living cost
44 769
44 769
44 769
44 769
Free-cash
77 640
71 166
56 780
72 862

Estimated living cost  is ₽44769 per week

₽33541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3356
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4443
₽37366
₽66949
₽58867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 876
national
-
-
-
3 041
regional
-
-
-
8 844
health
-
-
-
401
pensions
-
-
-
16 377
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
3 560
total
-
-
-
34 099
Employee
90 054
-
159 321
-
national
426
-
2 198
-
city
966
-
1 712
-
pensions
7 566
-
13 382
-
unemployment
-
-
-
-
health
204
-
358
-
regional
2 949
-
7 605
-
total
12 111
-
25 255
-
Employer
90 054
-
159 321
-
health
204
-
358
-
pensions
7 566
-
13 382
-
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.

1 801
-
3 186
-
unemployment
-
-
-
-
total
9 571
-
16 926
-
Corporate
77 386
178 000
-
-
national
6 578
15 129
-
-
regional
16 367
37 647
-
-
total
22 945
52 776
-
-
Dividends
54 442
125 224
-
-
withholding
19 055
43 829
-
-
total
19 055
43 829
-
-
Income
178 000
178 000
178 000
178 000
Total tax
63 682
96 605
42 181
34 099
After tax
114 318
81 395
135 819
143 901
Living cost
76 952
76 952
76 952
76 952
Free-cash
37 366
4 443
58 867
66 949

Estimated living cost  is ₽76952 per week

₽50041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6906
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽945
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19061
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽43140
₽58997
₽45071
₽67800
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 000
trade
-
-
-
22 729
income

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

-
-
-
55 659
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.

-
-
-
6 681
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.

-
-
-
3 062
total
-
-
-
88 131
Employee

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

58 770
-
178 000
-
income

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

6 911
-
55 659
-
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.

380
-
3 062
-
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.

6 681
-
6 681
-
total
13 972
-
65 402
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
119 230
178 000
-
-
income
17 884
26 700
-
-
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.

984
1 468
-
-
trade
20 448
30 527
-
-
chamber of commerce
315
399
-
-
total
39 631
59 094
-
-
Dividends
79 599
118 906
-
-
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.

1 074
1 614
-
-
withholding
19 528
29 354
-
-
total
20 602
30 968
-
-
Income
178 000
178 000
178 000
178 000
Total tax
74 205
90 062
65 402
88 131
After tax
103 795
87 938
112 598
89 869
Living cost
44 798
44 798
44 798
44 798
Free-cash
58 997
43 140
67 800
45 071

Estimated living cost  is ₽44798 per week

₽32718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56255
₽62035
₽66759
₽63696
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 298
health
-
-
-
7 705
surtax
-
-
-
-
pensions
-
-
-
31 192
other
-
-
-
5 517
social contributions
-
-
-
5 072
total
-
-
-
77 784
Employee
41 852
-
137 608
-
pensions
4 732
-
9 633
-
social contributions
1 193
-
3 921
-
income
2 470
-
26 900
-
surtax
-
-
-
-
total
8 395
-
40 454
-
Employer
41 852
-
137 608
-
social contributions
126
-
412
-
health
2 930
-
12 808
-
pensions
6 875
-
16 205
-
other
1 444
-
5 395
-
unemployment
1 694
-
5 573
-
total
13 069
-
40 393
-
Corporate
123 078
178 000
-
-
income
34 461
49 839
-
-
surtax
-
-
-
-
total
34 461
49 839
-
-
Dividends
88 617
128 161
-
-
social contributions
15 241
22 044
-
-
surtax
-
-
-
-
withholding
11 342
16 405
-
-
total
26 583
38 449
-
-
Income
178 000
178 000
178 000
178 000
Total tax
82 508
88 288
80 847
77 784
After tax
95 492
89 712
97 153
100 216
Living cost
33 457
33 457
33 457
33 457
Free-cash
62 035
56 255
63 696
66 759

Estimated living cost  is ₽33457 per week

₽21096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2721
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59570
₽65003
₽70074
₽67011
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 298
health
-
-
-
7 705
surtax
-
-
-
-
pensions
-
-
-
31 192
other
-
-
-
5 517
social contributions
-
-
-
5 072
total
-
-
-
77 784
Employee
37 359
-
137 608
-
pensions
4 226
-
9 633
-
social contributions
1 065
-
3 921
-
income
1 926
-
26 900
-
surtax
-
-
-
-
total
7 217
-
40 454
-
Employer
37 359
-
137 608
-
social contributions
111
-
412
-
health
2 615
-
12 808
-
pensions
6 139
-
16 205
-
other
1 290
-
5 395
-
unemployment
1 512
-
5 573
-
total
11 667
-
40 393
-
Corporate
128 974
178 000
-
-
income
36 113
49 839
-
-
surtax
-
-
-
-
total
36 113
49 839
-
-
Dividends
92 861
128 161
-
-
social contributions
15 972
22 044
-
-
surtax
-
-
-
-
withholding
11 886
16 405
-
-
total
27 858
38 449
-
-
Income
178 000
178 000
178 000
178 000
Total tax
82 855
88 288
80 847
77 784
After tax
95 145
89 712
97 153
100 216
Living cost
30 142
30 142
30 142
30 142
Free-cash
65 003
59 570
67 011
70 074

Estimated living cost  is ₽30142 per week

₽17481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3062
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87862
₽88367
₽93576
₽89736
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
income
-
-
-
26 700
health
-
-
-
12 424
social contributions
-
-
-
24 564
total
-
-
-
63 688
Employee
33 156
-
178 000
-
social contributions
4 576
-
24 564
-
income
5 530
-
30 540
-
health
2 314
-
12 424
-
total
12 420
-
67 528
-
Employer
33 156
-
178 000
-
total
-
-
-
-
Corporate
144 844
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%.

7 243
8 900
-
-
total
7 243
8 900
-
-
Dividends
137 601
169 100
-
-
social contributions
18 990
23 336
-
-
health
9 605
11 802
-
-
withholding
20 639
25 364
-
-
total
49 234
60 502
-
-
Income
178 000
178 000
178 000
178 000
Total tax
68 897
69 402
67 528
63 688
After tax
109 103
108 598
110 472
114 312
Living cost
20 736
20 736
20 736
20 736
Free-cash
88 367
87 862
89 736
93 576

Estimated living cost  is ₽20736 per week

₽13877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63973
₽62464
₽56914
₽12652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
5 998
income
-
-
-
49 851
chamber of commerce
-
-
-
713
health
-
-
-
8 739
surtax
-
-
-
193
pensions
-
-
-
21 135
total
-
-
-
86 629
Employee
48 871
38 970
142 841
-
pensions
5 005
3 990
11 699
-
unemployment
1 466
1 169
3 428
-
income
5 563
2 875
40 260
-
other
488
390
1 143
-
health
1 891
1 509
4 420
-
total
14 413
9 933
60 950
-
Employer
48 871
38 970
142 841
-
chamber of commerce
195
156
572
-
health
1 846
1 473
4 318
-
payroll
1 466
1 169
4 285
-
pensions
6 133
4 892
14 337
-
surtax
193
193
193
-
accident
635
507
1 485
-
other
2 322
1 850
6 541
-
unemployment
1 466
1 169
3 428
-
total
14 256
11 409
35 159
-
Corporate
114 874
127 621
139 130
-
income

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

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

28 718
31 906
34 782
-
total
28 718
31 906
34 782
-
Dividends
86 156
95 715
-
-
withholding
23 692
26 322
-
-
total
23 692
26 322
-
-
Income
178 000
178 000
178 000
178 000
Total tax
81 079
79 570
130 891
86 629
After tax
96 921
98 430
47 109
91 371
Living cost
34 457
34 457
34 457
34 457
Free-cash
62 464
63 973
12 652
56 914

Estimated living cost  is ₽34457 per week

₽22981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7970
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63883
₽49215
₽41552
₽26694
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
67 196
communal

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

-
-
-
9 217
social contributions
-
-
-
24 380
total
-
-
-
100 793
Employee

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

69 949
-
137 868
-
national
21 505
-
50 311
-
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.

5 246
-
10 340
-
communal

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

3 648
-
7 191
-
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.

609
-
1 199
-
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.

3 287
-
6 478
-
total
34 295
-
75 519
-
Employer

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

69 949
-
137 868
-
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.

4 302
-
8 479
-
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.

6 198
-
12 214
-
surtax
7 931
-
15 633
-
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.

909
-
1 793
-
unemployment

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

1 021
-
2 013
-
total
20 361
-
40 132
-
Corporate
87 690
178 000
-
-
income
17 539
35 600
-
-
surtax
351
713
-
-
total
17 890
36 313
-
-
Dividends
69 800
141 687
-
-
withholding

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

20 584
42 149
-
-
total
20 584
42 149
-
-
Income
178 000
178 000
178 000
178 000
Total tax
93 130
78 462
115 651
100 793
After tax
84 870
99 538
62 349
77 207
Living cost
35 655
35 655
35 655
35 655
Free-cash
49 215
63 883
26 694
41 552

Estimated living cost  is ₽35655 per week

₽22967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3118
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.
₽9013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83264
₽76565
₽64511
₽60408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
635
accident
-
-
-
817
income
-
-
-
50 980
pensions
-
-
-
25 650
other
-
-
-
91
total
-
-
-
78 173
Employee
48 677
-
149 104
-
pensions
2 288
-
4 261
-
unemployment
755
-
1 405
-
income
10 271
-
47 623
-
other
48
-
91
-
total
13 362
-
53 380
-
Employer
48 677
-
149 104
-
pensions
11 487
-
21 391
-
accident
963
-
1 794
-
other
388
-
726
-
unemployment
2 678
-
4 985
-
total
15 516
-
28 896
-
Corporate
113 807
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.

17 071
26 700
-
-
total
17 071
26 700
-
-
Dividends
96 736
151 300
-
-
withholding
20 170
32 720
-
-
total
20 170
32 720
-
-
Income
178 000
178 000
178 000
178 000
Total tax
66 119
59 420
82 276
78 173
After tax
111 881
118 580
95 724
99 827
Living cost
35 316
35 316
35 316
35 316
Free-cash
76 565
83 264
60 408
64 511

Estimated living cost  is ₽35316 per week

₽26006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50581
₽37892
₽34218
₽41315
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
accident
-
-
-
1 501
income
-
-
-
29 879
communal
-
-
-
11 249
health
-
-
-
12 506
surtax
-
-
-
8 824
pensions
-
-
-
26 680
total
-
-
-
90 639
Employee
74 055
-
159 001
-
pensions
5 924
-
12 719
-
income
7 153
-
35 004
-
surtax
4 539
-
9 744
-
health
3 296
-
7 076
-
total
20 912
-
64 543
-
Employer
74 055
-
159 001
-
health
2 258
-
4 849
-
pensions
5 924
-
12 719
-
accident
666
-
1 431
-
total
8 848
-
18 999
-
Corporate
95 097
178 000
-
-
income
14 265
26 700
-
-
surtax
998
1 869
-
-
communal
6 419
12 016
-
-
total
21 682
40 585
-
-
Dividends
73 414
137 415
-
-
income
24 511
13 079
-
-
withholding
11 012
20 612
-
-
total
35 523
33 691
-
-
Income
178 000
178 000
178 000
178 000
Total tax
86 965
74 276
83 542
90 639
After tax
91 035
103 724
94 458
87 361
Living cost
53 143
53 143
53 143
53 143
Free-cash
37 892
50 581
41 315
34 218

Estimated living cost  is ₽53143 per week

₽39865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89997
₽86885
₽62189
₽56214
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
223
income
-
-
-
50 352
health
-
-
-
9 266
surtax
-
-
-
7 902
pensions
-
-
-
26 103
other
-
-
-
-
total
-
-
-
93 846
Employee
32 932
-
150 528
-
pensions
2 197
-
8 705
-
unemployment
2 292
-
9 084
-
income
5 521
-
44 502
-
other
-
-
-
-
surtax
117
-
6 731
-
health
841
-
3 327
-
total
10 968
-
72 349
-
Employer
32 932
-
150 528
-
health
1 498
-
5 938
-
pensions
4 391
-
17 398
-
other
-
-
-
-
unemployment
1 045
-
4 136
-
total
6 934
-
27 472
-
Corporate
138 135
178 000
-
-
income
35 916
46 280
-
-
total
35 916
46 280
-
-
Dividends
102 219
131 720
-
-
withholding
15 332
19 758
-
-
total
15 332
19 758
-
-
Income
178 000
178 000
178 000
178 000
Total tax
69 150
66 038
99 821
93 846
After tax
108 850
111 962
78 179
84 154
Living cost
21 965
21 965
21 965
21 965
Free-cash
86 885
89 997
56 214
62 189

Estimated living cost  is ₽21965 per week

₽13261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67219
₽65048
₽57816
₽49815
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
municipal
-
-
-
1 058
national
-
-
-
44 319
regional
-
-
-
2 684
social contributions
-
-
-
45 781
total
-
-
-
93 842
Employee
54 245
-
178 000
-
national
8 594
-
38 481
-
social contributions
18 292
-
60 022
-
municipal
288
-
945
-
regional
730
-
2 395
-
total
27 904
-
101 843
-
Employer
54 245
-
178 000
-
total
-
-
-
-
Corporate
123 755
178 000
-
-
municipal
6 150
8 846
-
-
nationa
29 701
42 721
-
-
total
35 851
51 567
-
-
Dividends
87 904
126 433
-
-
withholding
22 855
32 872
-
-
total
22 855
32 872
-
-
Income
178 000
178 000
178 000
178 000
Total tax
86 610
84 439
101 843
93 842
After tax
91 390
93 561
76 157
84 158
Living cost
26 342
26 342
26 342
26 342
Free-cash
65 048
67 219
49 815
57 816

Estimated living cost  is ₽26342 per week

₽16382
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92723
₽82082
₽71436
₽63531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
income
-
-
-
17 870
health
-
-
-
24 030
social contributions
-
-
-
34 834
total
-
-
-
76 734
Employee
43 868
-
135 942
-
social contributions
2 851
-
7 754
-
income
5 264
-
16 475
-
solidarity contribution
-
-
-
-
health
5 922
-
18 352
-
total
14 037
-
42 581
-
Employer
43 868
-
135 942
-
social contributions
10 967
-
29 823
-
health
3 948
-
12 235
-
total
14 915
-
42 058
-
Corporate
119 217
178 000
-
-
income
22 651
33 820
-
-
total
22 651
33 820
-
-
Dividends
96 566
144 180
-
-
withholding
14 485
21 627
-
-
total
14 485
21 627
-
-
Income
178 000
178 000
178 000
178 000
Total tax
66 088
55 447
84 639
76 734
After tax
111 912
122 553
93 361
101 266
Living cost
29 830
29 830
29 830
29 830
Free-cash
82 082
92 723
63 531
71 436

Estimated living cost  is ₽29830 per week

₽22184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67338
₽66856
₽60366
₽15959
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
5 998
income
-
-
-
49 851
chamber of commerce
-
-
-
713
health
-
-
-
8 739
surtax
-
-
-
-
pensions
-
-
-
21 135
total
-
-
-
86 436
Employee
42 747
38 970
143 021
-
pensions
4 378
3 990
11 699
-
unemployment
1 282
1 169
3 428
-
income
3 808
2 875
40 347
-
other
427
390
1 143
-
health
1 653
1 509
4 420
-
total
11 548
9 933
61 037
-
Employer
42 747
38 970
143 021
-
chamber of commerce
171
156
572
-
health
1 616
1 473
4 318
-
payroll
1 282
1 169
4 290
-
pensions
5 365
4 892
14 337
-
surtax
-
-
-
-
accident
555
507
1 485
-
other
2 030
1 850
6 549
-
unemployment
1 282
1 169
3 428
-
total
12 301
11 216
34 979
-
Corporate
122 952
127 814
139 310
-
income

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

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

30 738
31 954
34 827
-
total
30 738
31 954
34 827
-
Dividends
92 213
95 860
-
-
withholding
25 359
26 361
-
-
total
25 359
26 361
-
-
Income
178 000
178 000
178 000
178 000
Total tax
79 946
79 464
130 843
86 436
After tax
98 054
98 536
47 157
91 564
Living cost
31 198
31 198
31 198
31 198
Free-cash
66 856
67 338
15 959
60 366

Estimated living cost  is ₽31198 per week

₽18715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3186
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.
₽8741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155878
₽153399
₽162998
₽129178
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 528
-
178 000
-
income
3 306
-
35 600
-
total
3 306
-
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%.

161 472
178 000
-
-
total
-
-
-
-
Dividends
161 472
178 000
-
-
withholding
8 073
8 900
-
-
total
8 073
8 900
-
-
Income
178 000
178 000
178 000
178 000
Total tax
11 379
8 900
35 600
1 780
After tax
166 621
169 100
142 400
176 220
Living cost
13 222
13 222
13 222
13 222
Free-cash
153 399
155 878
129 178
162 998

Estimated living cost  is ₽13222 per week

₽8948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽555
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96323
₽88144
₽60416
₽55701
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
267
income
-
-
-
41 065
health
-
-
-
17 516
pensions
-
-
-
32 507
total
-
-
-
91 355
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.

43 243
-
154 018
-
pensions
6 703
-
23 872
-
unemployment
61
-
215
-
income
7 457
-
38 051
-
health
2 793
-
9 950
-
total
17 014
-
72 088
-
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.

43 243
-
154 018
-
health
2 880
-
10 259
-
pensions
3 827
-
13 630
-
unemployment
26
-
93
-
total
6 733
-
23 982
-
Corporate
128 025
178 000
-
-
income
24 325
33 821
-
-
total
24 325
33 821
-
-
Dividends
103 700
144 179
-
-
withholding
15 555
21 627
-
-
total
15 555
21 627
-
-
Income
178 000
178 000
178 000
178 000
Total tax
63 627
55 448
96 070
91 355
After tax
114 373
122 552
81 930
86 645
Living cost
26 229
26 229
26 229
26 229
Free-cash
88 144
96 323
55 701
60 416

Estimated living cost  is ₽26229 per week

₽18001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62368
₽11739
₽77085
₽118070
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
income
-
-
-
34 696
social contributions
-
-
-
20 292
total
-
-
-
54 988
Employee
65 852
-
-
-
social contributions
5 400
-
770
-
income
14 526
-
-
-
total
19 926
-
770
-
Employer
65 852
-
-
-
social contributions
92 852
-
13 233
-
total
92 852
-
13 233
-
Corporate
19 296
178 000
-
-
income
4 245
39 160
-
-
total
4 245
39 160
-
-
Dividends
15 051
138 840
-
-
income
3 311
30 545
-
-
total
3 311
30 545
-
-
Income
178 000
178 000
178 000
178 000
Total tax
120 334
69 705
14 003
54 988
After tax
57 666
108 295
163 997
123 012
Living cost
45 927
45 927
45 927
45 927
Free-cash
11 739
62 368
118 070
77 085

Estimated living cost  is ₽45927 per week

₽29799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70574
₽69588
₽64286
₽50789
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
178 000
income
-
-
-
21 186
surtax
-
-
-
-
social contributions

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

-
-
-
61 855
total
-
-
-
83 041
Employee
44 975
-
143 838
-
social contributions
4 947
-
15 822
-
income
9 355
-
46 554
-
surtax
-
-
-
-
total
14 302
-
62 376
-
Employer
44 975
-
143 838
-
social contributions
10 682
-
34 162
-
total
10 682
-
34 162
-
Corporate
122 343
178 000
-
-
income
25 693
37 380
-
-
surtax
-
-
-
-
total
25 693
37 380
-
-
Dividends
96 650
140 620
-
-
withholding
27 062
39 373
-
-
total
27 062
39 373
-
-
Income
178 000
178 000
178 000
178 000
Total tax
77 739
76 753
96 538
83 041
After tax
100 261
101 247
81 462
94 959
Living cost
30 673
30 673
30 673
30 673
Free-cash
69 588
70 574
50 789
64 286

Estimated living cost  is ₽30673 per week

₽22950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42481
₽49202
₽52985
₽49922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 298
health
-
-
-
7 705
surtax
-
-
-
-
pensions
-
-
-
31 192
other
-
-
-
5 517
social contributions
-
-
-
5 072
total
-
-
-
77 784
Employee
61 247
-
137 608
-
pensions
6 927
-
9 633
-
social contributions
1 744
-
3 921
-
income
5 344
-
26 900
-
surtax
-
-
-
-
total
14 015
-
40 454
-
Employer
61 247
-
137 608
-
social contributions
184
-
412
-
health
4 287
-
12 808
-
pensions
10 064
-
16 205
-
other
2 114
-
5 395
-
unemployment
2 481
-
5 573
-
total
19 130
-
40 393
-
Corporate
97 624
178 000
-
-
income
27 335
49 839
-
-
surtax
-
-
-
-
total
27 335
49 839
-
-
Dividends
70 289
128 161
-
-
social contributions
12 090
22 044
-
-
surtax
-
-
-
-
withholding
8 997
16 405
-
-
total
21 087
38 449
-
-
Income
178 000
178 000
178 000
178 000
Total tax
81 567
88 288
80 847
77 784
After tax
96 433
89 712
97 153
100 216
Living cost
47 231
47 231
47 231
47 231
Free-cash
49 202
42 481
49 922
52 985

Estimated living cost  is ₽47231 per week

₽31965
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽648
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130805
₽127520
₽101499
₽106230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
income
-
-
-
7 946
social contributions
-
-
-
39 160
total
-
-
-
47 106
Employee
31 438
-
154 113
-
social contributions
2 043
-
10 017
-
income
-
-
8 471
-
total
2 043
-
18 488
-
Employer
31 438
-
154 113
-
social contributions
4 873
-
23 887
-
total
4 873
-
23 887
-
Corporate
141 689
178 000
-
-
income
14 169
17 800
-
-
total
14 169
17 800
-
-
Dividends
127 520
160 200
-
-
total
-
-
-
-
Income
178 000
178 000
178 000
178 000
Total tax
21 085
17 800
42 375
47 106
After tax
156 915
160 200
135 625
130 894
Living cost
29 395
29 395
29 395
29 395
Free-cash
127 520
130 805
106 230
101 499

Estimated living cost  is ₽29395 per week

₽19006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34642
-₽34642
₽57626
-₽34642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
municipal
-
-
-
37 259
national
-
-
-
21 094
labour market
-
-
-
14 172
pensions
-
-
-
846
total
-
-
-
73 371
Employee
198 387
198 387
198 387
-
national
24 237
24 237
24 237
-
pensions
282
282
282
-
municipal
42 245
42 245
42 245
-
labour market
15 848
15 848
15 848
-
total
82 612
82 612
82 612
-
Employer
198 387
198 387
198 387
-
municipal
42 313
42 313
42 313
-
labour market
15 871
15 871
15 871
-
national
24 279
24 279
24 279
-
pensions
564
564
564
-
total
83 027
83 027
83 027
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
178 000
178 000
178 000
178 000
Total tax
165 639
165 639
165 639
73 371
After tax
12 361
12 361
12 361
104 629
Living cost
47 003
47 003
47 003
47 003
Free-cash
-34 642
-34 642
-34 642
57 626

Estimated living cost  is ₽47003 per week

₽32169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽723
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6435
₽11220
₽100797
₽76133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
accident
-
-
-
243
income
-
-
-
49 649
health
-
-
-
2 098
pensions
-
-
-
4 003
other
-
-
-
357
total
-
-
-
56 350
Employee
32 804
-
160 777
-
pensions
3 694
-
7 340
-
income
4 500
-
38 042
-
health
3 756
-
18 409
-
total
11 950
-
63 791
-
Employer
32 804
-
160 777
-
pensions
5 334
-
10 599
-
accident
548
-
2 685
-
unemployment
804
-
3 939
-
total
6 686
-
17 223
-
Corporate
138 511
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.

124 660
160 200
-
-
total
124 660
160 200
-
-
Dividends
13 851
17 800
-
-
withholding
2 631
3 382
-
-
total
2 631
3 382
-
-
Income
178 000
178 000
178 000
178 000
Total tax
145 927
163 582
81 014
56 350
After tax
32 073
14 418
96 986
121 650
Living cost
20 853
20 853
20 853
20 853
Free-cash
11 220
-6 435
76 133
100 797

Estimated living cost  is ₽20853 per week

₽15179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1189
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73637
₽76233
₽76428
₽55472
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
178 000
municipal
-
-
-
31 620
national
-
-
-
30 075
health
-
-
-
2 333
total
-
-
-
64 028
Employee
51 449
-
149 743
-
national
850
-
18 091
-
pensions
3 472
-
10 108
-
unemployment
772
-
2 245
-
municipal
8 427
-
24 388
-
health
384
-
1 898
-
total
13 905
-
56 730
-
Employer
51 449
-
149 743
-
health
395
-
1 152
-
pensions
8 926
-
25 980
-
accident
52
-
150
-
unemployment
334
-
972
-
total
9 707
-
28 254
-
Corporate
116 844
178 000
-
-
income
23 369
35 600
-
-
total
23 369
35 600
-
-
Dividends

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

70 106
106 800
-
-
municipal
12 619
19 224
-
-
national
4 623
11 995
-
-
total
17 242
31 219
-
-
Income
178 000
178 000
178 000
178 000
Total tax
64 223
66 819
84 984
64 028
After tax
113 777
111 181
93 016
113 972
Living cost
37 544
37 544
37 544
37 544
Free-cash
76 233
73 637
55 472
76 428

Estimated living cost  is ₽37544 per week

₽24524
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107191
₽101870
₽98735
₽97182
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
income
-
-
-
36 263
health
-
-
-
4 539
social contributions
-
-
-
15 822
total
-
-
-
56 624
Employee
75 195
75 195
166 502
-
social contributions
2 843
6 241
8 418
-
income
8 188
6 961
35 430
-
health
583
1 279
2 830
-
total
11 614
14 481
46 678
-
Employer
75 195
75 195
166 502
-
social contributions
2 843
6 241
8 418
-
health
633
1 392
3 081
-
total
3 476
7 633
11 499
-
Corporate
140 270
95 172
-
-
income
17 533
11 897
-
-
total
17 533
11 897
-
-
Dividends
122 737
83 275
-
-
withholding
20 866
14 157
-
-
total
20 866
14 157
-
-
Income
178 000
178 000
178 000
178 000
Total tax
53 489
48 168
58 177
56 624
After tax
124 511
129 832
119 823
121 376
Living cost
22 641
22 641
22 641
22 641
Free-cash
101 870
107 191
97 182
98 735

Estimated living cost  is ₽22641 per week

₽13569
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6350
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131874
₽126902
₽134528
₽114915
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
28
income
-
-
-
18 159
health
-
-
-
3 539
pensions
-
-
-
6 220
total
-
-
-
27 946
Employee

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

22 446
-
168 443
-
pensions
3 366
-
13 918
-
unemployment
111
-
464
-
income
1 535
-
15 733
-
health
1 908
-
7 887
-
total
6 920
-
38 002
-
Employer

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

22 446
-
168 443
-
health
965
-
3 990
-
pensions
1 234
-
5 103
-
unemployment
111
-
464
-
total
2 310
-
9 557
-
Corporate
153 244
178 000
-
-
income
13 792
16 021
-
-
total
13 792
16 021
-
-
Dividends
139 452
161 979
-
-
withholding
12 550
14 579
-
-
total
12 550
14 579
-
-
Income
178 000
178 000
178 000
178 000
Total tax
35 572
30 600
47 559
27 946
After tax
142 428
147 400
130 441
150 054
Living cost
15 526
15 526
15 526
15 526
Free-cash
126 902
131 874
114 915
134 528

Estimated living cost  is ₽15526 per week

₽9906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91689
₽87371
₽72936
₽68833
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
635
accident
-
-
-
817
income
-
-
-
50 980
pensions
-
-
-
25 650
other
-
-
-
91
total
-
-
-
78 173
Employee
36 158
-
149 104
-
pensions
1 700
-
4 261
-
unemployment
560
-
1 405
-
income
6 971
-
47 623
-
other
35
-
91
-
total
9 266
-
53 380
-
Employer
36 158
-
149 104
-
pensions
8 533
-
21 391
-
accident
716
-
1 794
-
other
289
-
726
-
unemployment
1 989
-
4 985
-
total
11 527
-
28 896
-
Corporate
130 314
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.

19 546
26 700
-
-
total
19 546
26 700
-
-
Dividends
110 767
151 300
-
-
withholding
23 399
32 720
-
-
total
23 399
32 720
-
-
Income
178 000
178 000
178 000
178 000
Total tax
63 738
59 420
82 276
78 173
After tax
114 262
118 580
95 724
99 827
Living cost
26 891
26 891
26 891
26 891
Free-cash
87 371
91 689
68 833
72 936

Estimated living cost  is ₽26891 per week

₽18151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109400
₽109127
₽113047
₽112927
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
61 178
health
-
-
-
884
pensions
-
-
-
1 219
total
-
-
-
63 281
Employee
2 546
-
176 628
-
pensions
229
-
549
-
unemployment
25
-
61
-
income
492
-
61 114
-
health
127
-
305
-
total
873
-
62 029
-
Employer
2 546
-
176 628
-
health
242
-
579
-
pensions
280
-
671
-
unemployment
51
-
122
-
total
573
-
1 372
-
Corporate
174 881
178 000
-
-
income
38 474
39 160
-
-
total
38 474
39 160
-
-
Dividends
136 407
138 840
-
-
withholding
27 281
27 768
-
-
total
27 281
27 768
-
-
Income
178 000
178 000
178 000
178 000
Total tax
67 201
66 928
63 401
63 281
After tax
110 799
111 072
114 599
114 719
Living cost
1 672
1 672
1 672
1 672
Free-cash
109 127
109 400
112 927
113 047

Estimated living cost  is ₽1672 per week

₽993
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111728
₽106926
₽93437
₽93438
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 082
income
-
-
-
40 423
health
-
-
-
7 429
pensions
-
-
-
18 752
total
-
-
-
67 686
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.

25 450
-
165 090
-
pensions
3 563
-
10 097
-
unemployment
191
-
541
-
income
3 508
-
40 423
-
health
1 311
-
3 714
-
total
8 573
-
54 775
-
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.

25 450
-
165 090
-
health
1 311
-
3 714
-
pensions
3 054
-
8 655
-
unemployment
191
-
541
-
total
4 556
-
12 910
-
Corporate
147 995
178 000
-
-
income
22 199
26 700
-
-
total
22 199
26 700
-
-
Dividends
125 796
151 300
-
-
withholding
18 869
22 695
-
-
total
18 869
22 695
-
-
Income
178 000
178 000
178 000
178 000
Total tax
54 197
49 395
67 685
67 686
After tax
123 803
128 605
110 315
110 314
Living cost
16 877
16 877
16 877
16 877
Free-cash
106 926
111 728
93 438
93 437

Estimated living cost  is ₽16877 per week

₽11363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1305
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.
₽3720
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74884
₽74531
₽68596
₽55099
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
178 000
income
-
-
-
21 186
surtax
-
-
-
-
social contributions

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

-
-
-
61 855
total
-
-
-
83 041
Employee
37 954
-
143 838
-
social contributions
4 175
-
15 822
-
income
7 416
-
46 554
-
surtax
-
-
-
-
total
11 591
-
62 376
-
Employer
37 954
-
143 838
-
social contributions
9 013
-
34 162
-
total
9 013
-
34 162
-
Corporate
131 033
178 000
-
-
income
27 517
37 380
-
-
surtax
-
-
-
-
total
27 517
37 380
-
-
Dividends
103 516
140 620
-
-
withholding
28 985
39 373
-
-
total
28 985
39 373
-
-
Income
178 000
178 000
178 000
178 000
Total tax
77 106
76 753
96 538
83 041
After tax
100 894
101 247
81 462
94 959
Living cost
26 363
26 363
26 363
26 363
Free-cash
74 531
74 884
55 099
68 596

Estimated living cost  is ₽26363 per week

₽18672
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5393
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84213
₽77813
₽65460
₽61357
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
635
accident
-
-
-
817
income
-
-
-
50 980
pensions
-
-
-
25 650
other
-
-
-
91
total
-
-
-
78 173
Employee
47 228
-
149 104
-
pensions
2 219
-
4 261
-
unemployment
731
-
1 405
-
income
9 864
-
47 623
-
other
46
-
91
-
total
12 860
-
53 380
-
Employer
47 228
-
149 104
-
pensions
11 146
-
21 391
-
accident
935
-
1 794
-
other
379
-
726
-
unemployment
2 598
-
4 985
-
total
15 058
-
28 896
-
Corporate
115 715
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.

17 357
26 700
-
-
total
17 357
26 700
-
-
Dividends
98 358
151 300
-
-
withholding
20 545
32 720
-
-
total
20 545
32 720
-
-
Income
178 000
178 000
178 000
178 000
Total tax
65 820
59 420
82 276
78 173
After tax
112 180
118 580
95 724
99 827
Living cost
34 367
34 367
34 367
34 367
Free-cash
77 813
84 213
61 357
65 460

Estimated living cost  is ₽34367 per week

₽24681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135015
₽128929
₽124814
₽131818
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
139
income
-
-
-
26 700
health
-
-
-
4 011
pensions

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

-
-
-
5 161
total
-
-
-
36 011
Employee
22 742
-
171 158
-
pensions

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

1 997
-
3 062
-
income
2 275
-
17 115
-
health
1 046
-
1 604
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 568
-
22 165
-
Employer
22 742
-
171 158
-
health
1 569
-
2 406
-
pensions

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

2 506
-
3 843
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
unemployment
137
-
209
-
total
4 462
-
6 842
-
Corporate
150 796
178 000
-
-
income
15 080
17 800
-
-
total
15 080
17 800
-
-
Dividends
135 716
160 200
-
-
withholding
6 786
8 010
-
-
total
6 786
8 010
-
-
Income
178 000
178 000
178 000
178 000
Total tax
31 896
25 810
29 007
36 011
After tax
146 104
152 190
148 993
141 989
Living cost
17 175
17 175
17 175
17 175
Free-cash
128 929
135 015
131 818
124 814

Estimated living cost  is ₽17175 per week

₽11359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽983
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4423
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53846
₽66636
₽55825
₽74844
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 000
trade
-
-
-
19 019
income

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

-
-
-
55 659
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.

-
-
-
6 681
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.

-
-
-
3 062
total
-
-
-
84 421
Employee

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

48 656
-
178 000
-
income

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

4 001
-
55 659
-
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.

221
-
3 062
-
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.

6 681
-
6 681
-
total
10 903
-
65 402
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
129 344
178 000
-
-
income
19 402
26 700
-
-
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.

1 067
1 468
-
-
trade
18 561
25 542
-
-
chamber of commerce
338
410
-
-
total
39 368
54 120
-
-
Dividends
89 976
123 879
-
-
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.

1 217
1 683
-
-
withholding
22 122
30 597
-
-
total
23 339
32 280
-
-
Income
178 000
178 000
178 000
178 000
Total tax
73 610
86 400
65 402
84 421
After tax
104 390
91 600
112 598
93 579
Living cost
37 754
37 754
37 754
37 754
Free-cash
66 636
53 846
74 844
55 825

Estimated living cost  is ₽37754 per week

₽26043
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4062
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68895
₽71055
₽37426
₽37426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 037
social contributions
-
-
-
29 832
total
-
-
-
84 869
Employee
76 493
-
178 000
-
social contributions
6 355
-
29 832
-
income
14 434
-
55 037
-
total
20 789
-
84 869
-
Employer
76 493
-
178 000
-
total
-
-
-
-
Corporate
101 507
178 000
-
-
income
12 688
22 250
-
-
total
12 688
22 250
-
-
Dividends
88 819
155 750
-
-
withholding
17 763
31 150
-
-
total
17 763
31 150
-
-
Income
178 000
178 000
178 000
178 000
Total tax
51 240
53 400
84 869
84 869
After tax
126 760
124 600
93 131
93 131
Living cost
55 705
55 705
55 705
55 705
Free-cash
71 055
68 895
37 426
37 426

Estimated living cost  is ₽55705 per week

₽42379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4539
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.
₽8254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75035
₽78452
₽108531
₽90713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 836
health

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

-
-
-
6 135
total
-
-
-
33 971
Employee
44 860
-
173 502
-
social contributions
4 495
-
4 498
-
income
4 868
-
42 793
-
total
9 363
-
47 291
-
Employer
44 860
-
173 502
-
social contributions
4 495
-
4 498
-
total
4 495
-
4 498
-
Corporate
128 645
178 000
-
-
income
45 026
62 301
-
-
total
45 026
62 301
-
-
Dividends
83 620
115 699
-
-
social contributions
5 166
5 166
-
-
total
5 166
5 166
-
-
Income
178 000
178 000
178 000
178 000
Total tax
64 050
67 467
51 789
33 971
After tax
113 950
110 533
126 211
144 029
Living cost
35 498
35 498
35 498
35 498
Free-cash
78 452
75 035
90 713
108 531

Estimated living cost  is ₽35498 per week

₽23382
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79539
₽85340
₽81235
₽65153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
income
-
-
-
51 445
pensions
-
-
-
8 924
total
-
-
-
60 369
Employee
49 958
-
155 443
-
pensions
3 813
-
10 937
-
income
9 098
-
40 725
-
health
652
-
2 232
-
total
13 563
-
53 894
-
Employer
49 958
-
155 443
-
health
949
-
2 954
-
pensions
5 047
-
19 603
-
total
5 996
-
22 557
-
Corporate
122 045
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.

23 189
33 819
-
-
total
23 189
33 819
-
-
Dividends
98 855
144 181
-
-
withholding
13 516
28 246
-
-
total
13 516
28 246
-
-
Income
178 000
178 000
178 000
178 000
Total tax
56 264
62 065
76 451
60 369
After tax
121 736
115 935
101 549
117 631
Living cost
36 396
36 396
36 396
36 396
Free-cash
85 340
79 539
65 153
81 235

Estimated living cost  is ₽36396 per week

₽24967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7624
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8500
₽10903
₽98732
₽74068
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
accident
-
-
-
243
income
-
-
-
49 649
health
-
-
-
2 098
pensions
-
-
-
4 003
other
-
-
-
357
total
-
-
-
56 350
Employee
36 051
-
160 777
-
pensions
4 059
-
7 340
-
income
4 946
-
38 042
-
health
4 128
-
18 409
-
total
13 133
-
63 791
-
Employer
36 051
-
160 777
-
pensions
5 862
-
10 599
-
accident
602
-
2 685
-
unemployment
883
-
3 939
-
total
7 347
-
17 223
-
Corporate
134 602
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.

121 142
160 200
-
-
total
121 142
160 200
-
-
Dividends
13 460
17 800
-
-
withholding
2 557
3 382
-
-
total
2 557
3 382
-
-
Income
178 000
178 000
178 000
178 000
Total tax
144 179
163 582
81 014
56 350
After tax
33 821
14 418
96 986
121 650
Living cost
22 918
22 918
22 918
22 918
Free-cash
10 903
-8 500
74 068
98 732

Estimated living cost  is ₽22918 per week

₽16819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136569
₽131989
₽92315
₽113832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 878
health insurance
-
-
-
11 580
income
-
-
-
29 433
work injury
-
-
-
782
pensions
-
-
-
28 794
total
-
-
-
72 467
Employee

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

21 148
-
178 000
-
work injury
106
-
391
-
pensions
3 891
-
14 397
-
unemployment
254
-
939
-
income
2 115
-
29 433
-
health insurance
1 565
-
5 790
-
total
7 931
-
50 950
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
156 852
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%.

1 569
1 780
-
-
total
1 569
1 780
-
-
Dividends
155 283
176 220
-
-
withholding
23 293
26 433
-
-
total
23 293
26 433
-
-
Income
178 000
178 000
178 000
178 000
Total tax
32 793
28 213
50 950
72 467
After tax
145 207
149 787
127 050
105 533
Living cost
13 218
13 218
13 218
13 218
Free-cash
131 989
136 569
113 832
92 315

Estimated living cost  is ₽13218 per week

₽8189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54802
₽50353
₽43669
₽35856
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
municipal
-
-
-
1 190
national
-
-
-
44 319
regional
-
-
-
4 084
social contributions
-
-
-
45 781
total
-
-
-
95 374
Employee
82 403
-
178 000
-
national
13 925
-
38 481
-
social contributions
27 786
-
60 022
-
municipal
492
-
1 061
-
regional
1 244
-
3 623
-
total
43 447
-
103 187
-
Employer
82 403
-
178 000
-
total
-
-
-
-
Corporate
95 597
178 000
-
-
municipal
4 608
8 579
-
-
nationa
22 942
42 721
-
-
total
27 550
51 300
-
-
Dividends
68 046
126 700
-
-
withholding
17 693
32 941
-
-
total
17 693
32 941
-
-
Income
178 000
178 000
178 000
178 000
Total tax
88 690
84 241
103 187
95 374
After tax
89 310
93 759
74 813
82 626
Living cost
38 957
38 957
38 957
38 957
Free-cash
50 353
54 802
35 856
43 669

Estimated living cost  is ₽38957 per week

₽27365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8323
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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