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
₽61474
₽83710
₽62512
₽71800
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 000
income

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

-
-
-
56 523
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.

-
-
-
3 109
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.

-
-
-
6 378
trade
-
-
-
21 198
total
-
-
-
87 208
Employee

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

35 710
-
178 000
-
surtax

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

55
-
3 109
-
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.

998
-
56 523
-
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.

6 378
-
6 378
-
total
7 431
-
66 010
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
142 290
178 000
-
-
income
21 343
26 701
-
-
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.

1 175
1 469
-
-
chamber of commerce
345
397
-
-
trade
22 411
28 035
-
-
total
45 274
56 602
-
-
Dividends
97 015
121 399
-
-
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.

1 315
1 650
-
-
withholding
23 900
29 994
-
-
total
25 215
31 644
-
-
Income
178 000
178 000
178 000
178 000
Total tax
77 920
88 246
66 010
87 208
After tax
100 080
89 754
111 990
90 792
Living cost
28 280
28 280
28 280
28 280
Free-cash
71 800
61 474
83 710
62 512

Estimated living cost  is ₽28280 per week

₽17789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3297
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61266
₽55668
₽54712
₽60438
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
social contributions
-
-
-
1 913
municipal
-
-
-
19 535
national
-
-
-
30 674
pensions
-
-
-
21 360
total
-
-
-
73 482
Employee
77 208
-
153 879
-
municipal
9 536
-
20 224
-
pensions
3 088
-
6 155
-
national
14 778
-
32 183
-
total
27 402
-
58 562
-
Employer
77 208
-
153 879
-
pensions
6 177
-
12 310
-
social contributions
830
-
1 654
-
total
7 007
-
13 964
-
Corporate
88 689
178 000
-
-
income

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

17 738
35 600
-
-
total
17 738
35 600
-
-
Dividends
70 951
142 400
-
-
withholding
15 609
31 328
-
-
total
15 609
31 328
-
-
Income
178 000
178 000
178 000
178 000
Total tax
67 756
66 928
72 526
73 482
After tax
110 244
111 072
105 474
104 518
Living cost
49 806
49 806
49 806
49 806
Free-cash
60 438
61 266
55 668
54 712

Estimated living cost  is ₽49806 per week

₽33853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122976
₽56281
₽43165
₽115318
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
178 000
income
-
-
-
34 250
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.

-
-
-
35 772
microenterprise
-
-
-
-
total
-
-
-
115 411
Employee
27 282
-
136 211
-
surtax
-
-
19 750
-
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.

3 001
-
12 239
-
income
4 856
-
28 517
-
total
7 857
-
60 506
-
Employer
27 282
-
136 211
-
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.

6 572
-
26 805
-
surtax
-
-
14 984
-
total
6 572
-
41 789
-
Corporate
144 147
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%.

28 829
35 600
-
-
total
28 829
35 600
-
-
Dividends

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

115 318
142 400
-
-
total
-
-
-
-
Income
178 000
178 000
178 000
178 000
Total tax
43 258
35 600
102 295
115 411
After tax
134 742
142 400
75 705
62 589
Living cost
19 424
19 424
19 424
19 424
Free-cash
115 318
122 976
56 281
43 165

Estimated living cost  is ₽19424 per week

₽12392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49217
₽73565
₽58216
₽43498
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 220
health
-
-
-
11 513
pensions
-
-
-
10 939
total
-
-
-
80 672
Employee
79 730
79 730
160 649
-
pensions
14 351
10 939
10 939
-
income

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

13 051
13 051
25 519
-
health
12 238
10 409
11 513
-
total
39 640
34 399
47 971
-
Employer
79 730
79 730
160 649
-
health
5 542
5 542
6 887
-
pensions
5 549
5 549
6 898
-
unemployment
2 870
2 870
3 567
-
total
13 961
13 961
17 352
-
Corporate
85 286
84 308
-
-
income
17 057
16 862
-
-
total
17 057
16 862
-
-
Dividends
68 229
67 446
-
-
income
14 498
14 332
-
-
withholding
10 234
10 117
-
-
total
24 732
24 449
-
-
Income
178 000
178 000
178 000
178 000
Total tax
95 390
89 671
65 323
80 672
After tax
82 610
88 329
112 677
97 328
Living cost
39 112
39 112
39 112
39 112
Free-cash
43 498
49 217
73 565
58 216

Estimated living cost  is ₽39112 per week

₽27718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3526
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.
₽7247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59490
₽52076
₽52990
₽58644
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
165
other
-
-
-
9 601
unemployment
-
-
-
83
health
-
-
-
5 155
municipal
-
-
-
45 942
national
-
-
-
17 435
pensions
-
-
-
8 931
total
-
-
-
87 312
Employee
53 717
-
152 040
-
municipal
16 018
-
45 338
-
national
-
-
16 929
-
total
16 018
-
62 267
-
Employer
53 717
-
152 040
-
health
3 304
-
5 081
-
pensions
5 807
-
8 931
-
accident
107
-
165
-
unemployment
1 418
-
2 181
-
other
6 242
-
9 601
-
total
16 878
-
25 959
-
Corporate
107 406
178 000
-
-
income
23 629
39 160
-
-
total
23 629
39 160
-
-
Dividends
83 776
138 840
-
-
withholding
25 133
41 652
-
-
total
25 133
41 652
-
-
Income
178 000
178 000
178 000
178 000
Total tax
81 658
80 812
88 226
87 312
After tax
96 342
97 188
89 774
90 688
Living cost
37 698
37 698
37 698
37 698
Free-cash
58 644
59 490
52 076
52 990

Estimated living cost  is ₽37698 per week

₽24985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3699
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.
₽8442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52161
₽75312
₽53172
₽65281
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 000
income

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

-
-
-
56 523
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.

-
-
-
3 109
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.

-
-
-
6 378
trade
-
-
-
22 140
total
-
-
-
88 150
Employee

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

47 347
-
178 000
-
surtax

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

223
-
3 109
-
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.

4 068
-
56 523
-
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.

6 378
-
6 378
-
total
10 669
-
66 010
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 653
178 000
-
-
income
19 598
26 701
-
-
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.

1 077
1 469
-
-
chamber of commerce
328
395
-
-
trade
21 492
29 280
-
-
total
42 495
57 845
-
-
Dividends
88 158
120 155
-
-
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.

1 192
1 632
-
-
withholding
21 685
29 684
-
-
total
22 877
31 316
-
-
Income
178 000
178 000
178 000
178 000
Total tax
76 041
89 161
66 010
88 150
After tax
101 959
88 839
111 990
89 850
Living cost
36 678
36 678
36 678
36 678
Free-cash
65 281
52 161
75 312
53 172

Estimated living cost  is ₽36678 per week

₽24530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3868
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.
₽7732
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99525
₽89173
₽90702
₽95653
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 370
social contributions
-
-
-
15 106
health
-
-
-
4 539
total
-
-
-
57 015
Employee
71 793
71 793
166 877
-
social contributions
3 489
5 958
8 037
-
income
7 539
6 646
36 547
-
health
714
1 221
2 837
-
total
11 742
13 825
47 421
-
Employer
71 793
71 793
166 877
-
health
778
1 329
3 086
-
social contributions
3 489
5 958
8 037
-
total
4 267
7 287
11 123
-
Corporate
131 709
98 919
-
-
income
16 463
12 365
-
-
total
16 463
12 365
-
-
Dividends
115 246
86 554
-
-
withholding
19 592
14 715
-
-
total
19 592
14 715
-
-
Income
178 000
178 000
178 000
178 000
Total tax
52 064
48 192
58 544
57 015
After tax
125 936
129 808
119 456
120 985
Living cost
30 283
30 283
30 283
30 283
Free-cash
95 653
99 525
89 173
90 702

Estimated living cost  is ₽30283 per week

₽20701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83236
₽86465
₽106586
₽83582
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
income
-
-
-
21 761
unemployment
-
-
-
2 670
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.

24 139
9 607
148 954
-
unemployment
362
144
2 234
-
pensions
2 414
961
14 895
-
income
2 951
1 174
18 210
-
health
1 690
672
10 427
-
total
7 417
2 951
45 766
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 139
9 607
148 954
-
pensions
4 707
1 873
29 046
-
total
4 707
1 873
29 046
-
Corporate
149 153
166 519
-
-
income
13 424
14 987
-
-
total
13 424
14 987
-
-
Dividends
135 730
151 533
-
-
social contributions
26 358
29 439
-
-
withholding
25 789
28 791
-
-
total
52 147
58 230
-
-
Income
178 000
178 000
178 000
178 000
Total tax
77 695
78 041
74 812
54 691
After tax
100 305
99 959
103 188
123 309
Living cost
16 723
16 723
16 723
16 723
Free-cash
83 582
83 236
86 465
106 586

Estimated living cost  is ₽16723 per week

₽11412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119849
₽80046
₽72858
₽114049
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
26 486
-
133 034
-
unemployment
423
-
2 128
-
pensions
530
-
2 661
-
income
2 982
-
25 648
-
total
3 935
-
30 437
-
Employer
26 486
-
133 034
-
health
3 443
-
17 294
-
pensions
5 298
-
26 607
-
unemployment
213
-
1 065
-
total
8 954
-
44 966
-
Corporate
142 561
178 000
-
-
income
28 511
35 600
-
-
total
28 511
35 600
-
-
Dividends
114 049
142 400
-
-
total
-
-
-
-
Income
178 000
178 000
178 000
178 000
Total tax
41 400
35 600
75 403
82 591
After tax
136 600
142 400
102 597
95 409
Living cost
22 551
22 551
22 551
22 551
Free-cash
114 049
119 849
80 046
72 858

Estimated living cost  is ₽22551 per week

₽15468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6422
₽76238
₽100802
₽11222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
239
income
-
-
-
49 761
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
56 358
Employee
32 783
-
160 933
-
pensions
3 691
-
7 227
-
income
4 498
-
38 202
-
health
3 754
-
18 427
-
total
11 943
-
63 856
-
Employer
32 783
-
160 933
-
pensions
5 331
-
10 436
-
accident
547
-
2 687
-
unemployment
803
-
3 943
-
total
6 681
-
17 066
-
Corporate
138 536
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.

124 682
160 200
-
-
total
124 682
160 200
-
-
Dividends
13 854
17 800
-
-
withholding
2 632
3 382
-
-
total
2 632
3 382
-
-
Income
178 000
178 000
178 000
178 000
Total tax
145 938
163 582
80 922
56 358
After tax
32 062
14 418
97 078
121 642
Living cost
20 840
20 840
20 840
20 840
Free-cash
11 222
-6 422
76 238
100 802

Estimated living cost  is ₽20840 per week

₽15274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161577
₽134877
₽168697
₽160166
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 000
microenterprise

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

-
-
-
1 780
total
-
-
-
1 780
Employee
9 404
-
178 000
-
income
1 881
-
35 600
-
total
1 881
-
35 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

168 596
178 000
-
-
total
-
-
-
-
Dividends
168 596
178 000
-
-
withholding
8 430
8 900
-
-
total
8 430
8 900
-
-
Income
178 000
178 000
178 000
178 000
Total tax
10 311
8 900
35 600
1 780
After tax
167 689
169 100
142 400
176 220
Living cost
7 523
7 523
7 523
7 523
Free-cash
160 166
161 577
134 877
168 697

Estimated living cost  is ₽7523 per week

₽4662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105899
₽75729
₽77274
₽99594
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 783
other
-
-
-
6 743
health
-
-
-
6 247
pensions

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

-
-
-
34 075
total
-
-
-
75 848
Employee
33 900
-
142 221
-
unemployment
338
-
1 419
-
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.

2 372
-
9 938
-
income
5 836
-
28 269
-
health
475
-
1 988
-
total
9 021
-
41 614
-
Employer
33 900
-
142 221
-
health
475
-
1 988
-
pensions

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

5 764
-
24 137
-
accident
271
-
1 137
-
unemployment
338
-
1 419
-
other
1 696
-
7 098
-
total
8 544
-
35 779
-
Corporate
135 557
178 000
-
-
income
28 467
37 379
-
-
total
28 467
37 379
-
-
Dividends
107 089
140 621
-
-
withholding
7 496
9 844
-
-
total
7 496
9 844
-
-
Income
178 000
178 000
178 000
178 000
Total tax
53 528
47 223
77 393
75 848
After tax
124 472
130 777
100 607
102 152
Living cost
24 878
24 878
24 878
24 878
Free-cash
99 594
105 899
75 729
77 274

Estimated living cost  is ₽24878 per week

₽17578
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52417
₽38316
₽54357
₽57770
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
income
-
-
-
52 233
pensions
-
-
-
8 693
total
-
-
-
60 926
Employee
88 735
-
155 375
-
pensions
8 561
-
10 599
-
income
15 995
-
41 541
-
health
1 462
-
2 202
-
total
26 018
-
54 342
-
Employer
88 735
-
155 375
-
health
1 685
-
2 951
-
pensions
10 477
-
19 674
-
total
12 162
-
22 625
-
Corporate
77 103
178 000
-
-
income

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

14 649
33 821
-
-
total
14 649
33 821
-
-
Dividends
62 454
144 179
-
-
withholding
4 684
29 045
-
-
total
4 684
29 045
-
-
Income
178 000
178 000
178 000
178 000
Total tax
57 513
62 866
76 967
60 926
After tax
120 487
115 134
101 033
117 074
Living cost
62 717
62 717
62 717
62 717
Free-cash
57 770
52 417
38 316
54 357

Estimated living cost  is ₽62717 per week

₽46995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7369
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.
₽7844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽139946
₽137471
₽130347
₽135608
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
income
-
-
-
26 700
unemployment
-
-
-
130
health
-
-
-
3 751
pensions

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

-
-
-
4 828
total
-
-
-
35 409
Employee
16 213
-
171 600
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 423
-
2 864
-
income
1 621
-
17 160
-
health
746
-
1 501
-
total
3 969
-
21 884
-
Employer
16 213
-
171 600
-
health
1 119
-
2 251
-
pensions

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

1 787
-
3 595
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
unemployment
97
-
196
-
total
3 182
-
6 401
-
Corporate
158 606
178 000
-
-
income
15 860
17 800
-
-
total
15 860
17 800
-
-
Dividends
142 746
160 200
-
-
withholding
7 137
8 010
-
-
total
7 137
8 010
-
-
Income
178 000
178 000
178 000
178 000
Total tax
30 148
25 810
28 285
35 409
After tax
147 852
152 190
149 715
142 591
Living cost
12 244
12 244
12 244
12 244
Free-cash
135 608
139 946
137 471
130 347

Estimated living cost  is ₽12244 per week

₽7148
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36557
₽60905
₽45556
₽38903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 220
health
-
-
-
11 513
pensions
-
-
-
10 939
total
-
-
-
80 672
Employee
86 561
79 730
160 649
-
pensions
10 939
10 939
10 939
-
income

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

13 051
13 051
25 519
-
health
10 799
10 409
11 513
-
total
34 789
34 399
47 971
-
Employer
86 561
79 730
160 649
-
health
6 015
5 542
6 887
-
pensions
6 024
5 549
6 898
-
unemployment
3 117
2 870
3 567
-
total
15 156
13 961
17 352
-
Corporate
76 283
84 308
-
-
income
15 257
16 862
-
-
total
15 257
16 862
-
-
Dividends
61 026
67 446
-
-
income
12 968
14 332
-
-
withholding
9 155
10 117
-
-
total
22 123
24 449
-
-
Income
178 000
178 000
178 000
178 000
Total tax
87 325
89 671
65 323
80 672
After tax
90 675
88 329
112 677
97 328
Living cost
51 772
51 772
51 772
51 772
Free-cash
38 903
36 557
60 905
45 556

Estimated living cost  is ₽51772 per week

₽38191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99738
₽72081
₽79544
₽91599
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 171
social contributions
-
-
-
32 830
solidarity contribution
-
-
-
610
health
-
-
-
24 030
total
-
-
-
75 641
Employee
33 551
-
137 516
-
solidarity contribution
-
-
-
-
social contributions
2 181
-
7 308
-
income
4 026
-
16 747
-
health
4 529
-
18 565
-
total
10 736
-
42 620
-
Employer
33 551
-
137 516
-
health
3 020
-
12 376
-
social contributions
8 388
-
28 108
-
total
11 408
-
40 484
-
Corporate
133 041
178 000
-
-
income
25 278
33 820
-
-
total
25 278
33 820
-
-
Dividends
107 763
144 180
-
-
withholding
16 164
21 627
-
-
total
16 164
21 627
-
-
Income
178 000
178 000
178 000
178 000
Total tax
63 586
55 447
83 104
75 641
After tax
114 414
122 553
94 896
102 359
Living cost
22 815
22 815
22 815
22 815
Free-cash
91 599
99 738
72 081
79 544

Estimated living cost  is ₽22815 per week

₽15848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55574
₽36842
₽44882
₽50698
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
social contributions
-
-
-
45 781
regional
-
-
-
2 116
municipal
-
-
-
1 058
national
-
-
-
44 766
total
-
-
-
93 721
Employee
82 977
-
178 000
-
municipal
439
-
944
-
national
14 378
-
38 928
-
regional
783
-
1 868
-
social contributions
27 980
-
60 021
-
total
43 580
-
101 761
-
Employer
82 977
-
178 000
-
total
-
-
-
-
Corporate
95 023
178 000
-
-
municipal
3 707
6 942
-
-
nationa
22 806
42 719
-
-
total
26 513
49 661
-
-
Dividends
68 510
128 339
-
-
withholding
17 812
33 368
-
-
total
17 812
33 368
-
-
Income
178 000
178 000
178 000
178 000
Total tax
87 905
83 029
101 761
93 721
After tax
90 095
94 971
76 239
84 279
Living cost
39 397
39 397
39 397
39 397
Free-cash
50 698
55 574
36 842
44 882

Estimated living cost  is ₽39397 per week

₽27463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91359
₽57744
₽63450
₽88455
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 697
other
-
-
-
-
surtax
-
-
-
8 269
unemployment
-
-
-
213
health
-
-
-
8 846
pensions
-
-
-
24 922
total
-
-
-
93 947
Employee
30 875
-
151 771
-
other
-
-
-
-
unemployment
2 149
-
8 673
-
pensions
2 059
-
8 311
-
surtax
101
-
7 151
-
income
5 175
-
46 112
-
health
788
-
3 177
-
total
10 272
-
73 424
-
Employer
30 875
-
151 771
-
health
1 405
-
5 670
-
pensions
4 116
-
16 610
-
unemployment
978
-
3 949
-
other
-
-
-
-
total
6 499
-
26 229
-
Corporate
140 626
178 000
-
-
income
36 562
46 281
-
-
total
36 562
46 281
-
-
Dividends
104 063
131 719
-
-
withholding
15 609
19 757
-
-
total
15 609
19 757
-
-
Income
178 000
178 000
178 000
178 000
Total tax
68 942
66 038
99 653
93 947
After tax
109 058
111 962
78 347
84 053
Living cost
20 603
20 603
20 603
20 603
Free-cash
88 455
91 359
57 744
63 450

Estimated living cost  is ₽20603 per week

₽12597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
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.
₽5629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72287
₽58186
₽74227
₽78483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
income
-
-
-
52 233
pensions
-
-
-
8 693
total
-
-
-
60 926
Employee
59 468
-
155 375
-
pensions
5 047
-
10 599
-
income
10 710
-
41 541
-
health
863
-
2 202
-
total
16 620
-
54 342
-
Employer
59 468
-
155 375
-
health
1 130
-
2 951
-
pensions
6 437
-
19 674
-
total
7 567
-
22 625
-
Corporate
110 965
178 000
-
-
income

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

21 084
33 821
-
-
total
21 084
33 821
-
-
Dividends
89 881
144 179
-
-
withholding
11 399
29 045
-
-
total
11 399
29 045
-
-
Income
178 000
178 000
178 000
178 000
Total tax
56 670
62 866
76 967
60 926
After tax
121 330
115 134
101 033
117 074
Living cost
42 847
42 847
42 847
42 847
Free-cash
78 483
72 287
58 186
74 227

Estimated living cost  is ₽42847 per week

₽32100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7565
₽61517
₽69559
₽39155
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
other

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

-
-
-
3 559
regional
-
-
-
9 062
health
-
-
-
400
city
-
-
-
1 875
national
-
-
-
3 340
pensions
-
-
-
16 376
total
-
-
-
34 612
Employee
86 398
-
159 321
-
unemployment
-
-
-
-
pensions
7 259
-
13 383
-
national
409
-
2 456
-
regional
2 829
-
7 818
-
city
927
-
1 712
-
health
195
-
358
-
total
11 619
-
25 727
-
Employer
86 398
-
159 321
-
health
195
-
358
-
pensions
7 259
-
13 383
-
unemployment
-
-
-
-
other

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

1 727
-
3 186
-
total
9 181
-
16 927
-
Corporate
81 470
178 000
-
-
regional
17 231
37 647
-
-
national
6 925
15 130
-
-
total
24 156
52 777
-
-
Dividends
57 315
125 223
-
-
withholding
20 060
43 829
-
-
total
20 060
43 829
-
-
Income
178 000
178 000
178 000
178 000
Total tax
65 016
96 606
42 654
34 612
After tax
112 984
81 394
135 346
143 388
Living cost
73 829
73 829
73 829
73 829
Free-cash
39 155
7 565
61 517
69 559

Estimated living cost  is ₽73829 per week

₽48010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽45150
₽69219
₽46136
₽60293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 000
income

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

-
-
-
56 523
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.

-
-
-
3 109
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.

-
-
-
6 378
trade
-
-
-
23 083
total
-
-
-
89 093
Employee

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

56 111
-
178 000
-
surtax

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

363
-
3 109
-
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.

6 598
-
56 523
-
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.

6 378
-
6 378
-
total
13 339
-
66 010
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
121 889
178 000
-
-
income
18 283
26 701
-
-
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.

1 006
1 469
-
-
chamber of commerce
314
392
-
-
trade
20 903
30 528
-
-
total
40 506
59 090
-
-
Dividends
81 383
118 911
-
-
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.

1 100
1 616
-
-
withholding
19 991
29 373
-
-
total
21 091
30 989
-
-
Income
178 000
178 000
178 000
178 000
Total tax
74 936
90 079
66 010
89 093
After tax
103 064
87 921
111 990
88 907
Living cost
42 771
42 771
42 771
42 771
Free-cash
60 293
45 150
69 219
46 136

Estimated living cost  is ₽42771 per week

₽31238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57768
₽64336
₽68145
₽63287
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 924
other
-
-
-
5 517
surtax
-
-
-
-
social contributions
-
-
-
5 073
health
-
-
-
7 950
pensions
-
-
-
30 448
total
-
-
-
77 912
Employee
39 959
-
137 173
-
pensions
4 518
-
9 782
-
surtax
-
-
-
-
social contributions
1 139
-
3 909
-
income
2 358
-
27 203
-
total
8 015
-
40 894
-
Employer
39 959
-
137 173
-
health
2 798
-
12 981
-
pensions
6 564
-
16 425
-
unemployment
1 618
-
5 556
-
social contributions
120
-
411
-
other
1 378
-
5 454
-
total
12 478
-
40 827
-
Corporate
125 562
178 000
-
-
income
35 157
49 840
-
-
surtax
-
-
-
-
total
35 157
49 840
-
-
Dividends
90 405
128 160
-
-
surtax
-
-
-
-
social contributions
15 549
22 044
-
-
withholding
11 571
16 405
-
-
total
27 120
38 449
-
-
Income
178 000
178 000
178 000
178 000
Total tax
82 770
88 289
81 721
77 912
After tax
95 230
89 711
96 279
100 088
Living cost
31 943
31 943
31 943
31 943
Free-cash
63 287
57 768
64 336
68 145

Estimated living cost  is ₽31943 per week

₽20142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
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.
₽8662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60933
₽67501
₽71310
₽66122
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 924
other
-
-
-
5 517
surtax
-
-
-
-
social contributions
-
-
-
5 073
health
-
-
-
7 950
pensions
-
-
-
30 448
total
-
-
-
77 912
Employee
35 669
-
137 173
-
pensions
4 034
-
9 782
-
surtax
-
-
-
-
social contributions
1 017
-
3 909
-
income
1 839
-
27 203
-
total
6 890
-
40 894
-
Employer
35 669
-
137 173
-
health
2 496
-
12 981
-
pensions
5 861
-
16 425
-
unemployment
1 444
-
5 556
-
social contributions
106
-
411
-
other
1 231
-
5 454
-
total
11 138
-
40 827
-
Corporate
131 192
178 000
-
-
income
36 734
49 840
-
-
surtax
-
-
-
-
total
36 734
49 840
-
-
Dividends
94 458
128 160
-
-
surtax
-
-
-
-
social contributions
16 247
22 044
-
-
withholding
12 091
16 405
-
-
total
28 338
38 449
-
-
Income
178 000
178 000
178 000
178 000
Total tax
83 100
88 289
81 721
77 912
After tax
94 900
89 711
96 279
100 088
Living cost
28 778
28 778
28 778
28 778
Free-cash
66 122
60 933
67 501
71 310

Estimated living cost  is ₽28778 per week

₽16690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2923
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88797
₽90445
₽94513
₽89284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 701
social contributions
-
-
-
24 564
health
-
-
-
12 424
total
-
-
-
63 689
Employee
31 656
-
178 000
-
social contributions
4 369
-
24 564
-
income
5 280
-
30 769
-
health
2 209
-
12 424
-
total
11 858
-
67 757
-
Employer
31 656
-
178 000
-
total
-
-
-
-
Corporate
146 344
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%.

7 317
8 900
-
-
total
7 317
8 900
-
-
Dividends
139 026
169 100
-
-
social contributions
19 185
23 336
-
-
withholding
20 854
25 365
-
-
health
9 704
11 804
-
-
total
49 743
60 505
-
-
Income
178 000
178 000
178 000
178 000
Total tax
68 918
69 405
67 757
63 689
After tax
109 082
108 595
110 243
114 311
Living cost
19 798
19 798
19 798
19 798
Free-cash
89 284
88 797
90 445
94 513

Estimated living cost  is ₽19798 per week

₽13249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
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.
₽4871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65463
₽14107
₽58498
₽64015
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 460
surtax
-
-
-
184
unemployment
-
-
-
5 726
chamber of commerce
-
-
-
712
health
-
-
-
8 343
pensions
-
-
-
20 179
total
-
-
-
86 604
Employee
46 660
37 207
143 884
-
other
466
372
1 091
-
unemployment
1 400
1 116
3 272
-
pensions
4 778
3 809
11 169
-
income
5 312
2 744
42 043
-
health
1 805
1 440
4 220
-
total
13 761
9 481
61 795
-
Employer
46 660
37 207
143 884
-
chamber of commerce
186
149
576
-
health
1 763
1 407
4 123
-
pensions
5 856
4 670
13 689
-
accident
606
484
1 417
-
unemployment
1 400
1 116
3 272
-
surtax
184
184
184
-
payroll
1 400
1 116
4 316
-
other
2 216
1 766
6 538
-
total
13 611
10 892
34 115
-
Corporate
117 729
129 900
140 341
-
income

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

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

29 433
32 475
35 085
-
total
29 433
32 475
35 085
-
Dividends
88 297
97 425
-
-
withholding
24 282
26 791
-
-
total
24 282
26 791
-
-
Income
178 000
178 000
178 000
178 000
Total tax
81 087
79 639
130 995
86 604
After tax
96 913
98 361
47 005
91 396
Living cost
32 898
32 898
32 898
32 898
Free-cash
64 015
65 463
14 107
58 498

Estimated living cost  is ₽32898 per week

₽21942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65425
₽27871
₽43215
₽51477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
communal

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

-
-
-
9 284
social contributions
-
-
-
23 277
national
-
-
-
68 182
total
-
-
-
100 743
Employee

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

66 785
-
137 867
-
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.

581
-
1 199
-
communal

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

3 483
-
7 192
-
pensions

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

5 009
-
10 340
-
national
20 532
-
50 744
-
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.

3 138
-
6 479
-
total
32 743
-
75 954
-
Employer

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

66 785
-
137 867
-
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.

4 107
-
8 480
-
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.

5 918
-
12 215
-
accident

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

868
-
1 791
-
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.

974
-
2 013
-
surtax
7 573
-
15 634
-
total
19 440
-
40 133
-
Corporate
91 775
178 000
-
-
income
18 356
35 675
-
-
surtax
367
714
-
-
total
18 723
36 389
-
-
Dividends
73 053
141 611
-
-
withholding

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

21 575
42 144
-
-
total
21 575
42 144
-
-
Income
178 000
178 000
178 000
178 000
Total tax
92 481
78 533
116 087
100 743
After tax
85 519
99 467
61 913
77 257
Living cost
34 042
34 042
34 042
34 042
Free-cash
51 477
65 425
27 871
43 215

Estimated living cost  is ₽34042 per week

₽21928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2977
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.
₽8606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84766
₽62106
₽66022
₽78370
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
780
income
-
-
-
52 297
other
-
-
-
87
unemployment
-
-
-
606
pensions
-
-
-
24 490
total
-
-
-
78 260
Employee
46 475
-
150 412
-
other
46
-
87
-
unemployment
721
-
1 341
-
pensions
2 185
-
4 068
-
income
9 806
-
49 092
-
total
12 758
-
54 588
-
Employer
46 475
-
150 412
-
pensions
10 967
-
20 423
-
accident
920
-
1 713
-
unemployment
2 557
-
4 759
-
other
370
-
693
-
total
14 814
-
27 588
-
Corporate
116 711
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.

17 507
26 701
-
-
total
17 507
26 701
-
-
Dividends
99 204
151 299
-
-
withholding
20 833
32 815
-
-
total
20 833
32 815
-
-
Income
178 000
178 000
178 000
178 000
Total tax
65 912
59 516
82 176
78 260
After tax
112 088
118 484
95 824
99 740
Living cost
33 718
33 718
33 718
33 718
Free-cash
78 370
84 766
62 106
66 022

Estimated living cost  is ₽33718 per week

₽24830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52403
₽42845
₽35751
₽40033
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
communal
-
-
-
11 249
accident
-
-
-
1 501
income
-
-
-
30 750
surtax
-
-
-
8 825
health
-
-
-
12 507
pensions
-
-
-
26 679
total
-
-
-
91 511
Employee
70 705
-
158 999
-
pensions
5 656
-
12 720
-
surtax
4 334
-
9 745
-
income
6 829
-
35 876
-
health
3 147
-
7 075
-
total
19 966
-
65 416
-
Employer
70 705
-
158 999
-
health
2 156
-
4 849
-
pensions
5 656
-
12 720
-
accident
636
-
1 432
-
total
8 448
-
19 001
-
Corporate
98 847
178 000
-
-
communal
6 673
12 014
-
-
income
14 826
26 701
-
-
surtax
1 038
1 869
-
-
total
22 537
40 584
-
-
Dividends
76 310
137 416
-
-
income
24 832
13 662
-
-
withholding
11 446
20 613
-
-
total
36 278
34 275
-
-
Income
178 000
178 000
178 000
178 000
Total tax
87 229
74 859
84 417
91 511
After tax
90 771
103 141
93 583
86 489
Living cost
50 738
50 738
50 738
50 738
Free-cash
40 033
52 403
42 845
35 751

Estimated living cost  is ₽50738 per week

₽38061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽90991
₽57376
₽63082
₽88021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 697
other
-
-
-
-
surtax
-
-
-
8 269
unemployment
-
-
-
213
health
-
-
-
8 846
pensions
-
-
-
24 922
total
-
-
-
93 947
Employee
31 442
-
151 771
-
other
-
-
-
-
unemployment
2 188
-
8 673
-
pensions
2 098
-
8 311
-
surtax
112
-
7 151
-
income
5 271
-
46 112
-
health
803
-
3 177
-
total
10 472
-
73 424
-
Employer
31 442
-
151 771
-
health
1 430
-
5 670
-
pensions
4 192
-
16 610
-
unemployment
998
-
3 949
-
other
-
-
-
-
total
6 620
-
26 229
-
Corporate
139 939
178 000
-
-
income
36 383
46 281
-
-
total
36 383
46 281
-
-
Dividends
103 555
131 719
-
-
withholding
15 533
19 757
-
-
total
15 533
19 757
-
-
Income
178 000
178 000
178 000
178 000
Total tax
69 008
66 038
99 653
93 947
After tax
108 992
111 962
78 347
84 053
Living cost
20 971
20 971
20 971
20 971
Free-cash
88 021
90 991
57 376
63 082

Estimated living cost  is ₽20971 per week

₽12661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68410
₽50561
₽58561
₽66338
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
social contributions
-
-
-
45 781
regional
-
-
-
2 683
municipal
-
-
-
1 058
national
-
-
-
44 766
total
-
-
-
94 288
Employee
51 791
-
178 000
-
municipal
275
-
944
-
national
8 205
-
38 928
-
regional
697
-
2 395
-
social contributions
17 464
-
60 021
-
total
26 641
-
102 288
-
Employer
51 791
-
178 000
-
total
-
-
-
-
Corporate
126 209
178 000
-
-
municipal
6 272
8 846
-
-
nationa
30 290
42 719
-
-
total
36 562
51 565
-
-
Dividends
89 647
126 434
-
-
withholding
23 308
32 874
-
-
total
23 308
32 874
-
-
Income
178 000
178 000
178 000
178 000
Total tax
86 511
84 439
102 288
94 288
After tax
91 489
93 561
75 712
83 712
Living cost
25 151
25 151
25 151
25 151
Free-cash
66 338
68 410
50 561
58 561

Estimated living cost  is ₽25151 per week

₽15641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽94439
₽66782
₽74245
₽84410
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 171
social contributions
-
-
-
32 830
solidarity contribution
-
-
-
610
health
-
-
-
24 030
total
-
-
-
75 641
Employee
41 344
-
137 516
-
solidarity contribution
-
-
-
-
social contributions
2 687
-
7 308
-
income
4 961
-
16 747
-
health
5 581
-
18 565
-
total
13 229
-
42 620
-
Employer
41 344
-
137 516
-
health
3 721
-
12 376
-
social contributions
10 336
-
28 108
-
total
14 057
-
40 484
-
Corporate
122 599
178 000
-
-
income
23 294
33 820
-
-
total
23 294
33 820
-
-
Dividends
99 305
144 180
-
-
withholding
14 896
21 627
-
-
total
14 896
21 627
-
-
Income
178 000
178 000
178 000
178 000
Total tax
65 476
55 447
83 104
75 641
After tax
112 524
122 553
94 896
102 359
Living cost
28 114
28 114
28 114
28 114
Free-cash
84 410
94 439
66 782
74 245

Estimated living cost  is ₽28114 per week

₽20907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68673
₽17267
₽61793
₽68208
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 460
surtax
-
-
-
-
unemployment
-
-
-
5 726
chamber of commerce
-
-
-
712
health
-
-
-
8 343
pensions
-
-
-
20 179
total
-
-
-
86 420
Employee
40 813
37 207
144 056
-
other
408
372
1 091
-
unemployment
1 224
1 116
3 272
-
pensions
4 180
3 809
11 169
-
income
3 636
2 744
42 124
-
health
1 579
1 440
4 220
-
total
11 027
9 481
61 876
-
Employer
40 813
37 207
144 056
-
chamber of commerce
163
149
576
-
health
1 543
1 407
4 123
-
pensions
5 122
4 670
13 689
-
accident
530
484
1 417
-
unemployment
1 224
1 116
3 272
-
surtax
-
-
-
-
payroll
1 224
1 116
4 321
-
other
1 938
1 766
6 545
-
total
11 744
10 708
33 943
-
Corporate
125 442
130 084
140 513
-
income

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

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

31 361
32 521
35 127
-
total
31 361
32 521
35 127
-
Dividends
94 082
97 563
-
-
withholding
25 873
26 830
-
-
total
25 873
26 830
-
-
Income
178 000
178 000
178 000
178 000
Total tax
80 005
79 540
130 946
86 420
After tax
97 995
98 460
47 054
91 580
Living cost
29 787
29 787
29 787
29 787
Free-cash
68 208
68 673
17 267
61 793

Estimated living cost  is ₽29787 per week

₽17868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3042
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8345
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157376
₽130676
₽164496
₽155178
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 000
microenterprise

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

-
-
-
1 780
total
-
-
-
1 780
Employee
14 655
-
178 000
-
income
2 931
-
35 600
-
total
2 931
-
35 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

163 345
178 000
-
-
total
-
-
-
-
Dividends
163 345
178 000
-
-
withholding
8 167
8 900
-
-
total
8 167
8 900
-
-
Income
178 000
178 000
178 000
178 000
Total tax
11 098
8 900
35 600
1 780
After tax
166 902
169 100
142 400
176 220
Living cost
11 724
11 724
11 724
11 724
Free-cash
155 178
157 376
130 676
164 496

Estimated living cost  is ₽11724 per week

₽7934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2905
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97511
₽56490
₽60977
₽89701
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
178 000
income
-
-
-
41 689
unemployment
-
-
-
268
health
-
-
-
17 516
pensions
-
-
-
32 507
total
-
-
-
91 980
Employee

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

41 286
-
154 019
-
unemployment
58
-
216
-
pensions
6 400
-
23 873
-
income
7 120
-
38 447
-
health
2 667
-
9 950
-
total
16 245
-
72 486
-
Employer

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

41 286
-
154 019
-
health
2 750
-
10 259
-
pensions
3 653
-
13 630
-
unemployment
25
-
92
-
total
6 428
-
23 981
-
Corporate
130 286
178 000
-
-
income
24 754
33 820
-
-
total
24 754
33 820
-
-
Dividends
105 532
144 180
-
-
withholding
15 829
21 626
-
-
total
15 829
21 626
-
-
Income
178 000
178 000
178 000
178 000
Total tax
63 256
55 446
96 467
91 980
After tax
114 744
122 554
81 533
86 020
Living cost
25 043
25 043
25 043
25 043
Free-cash
89 701
97 511
56 490
60 977

Estimated living cost  is ₽25043 per week

₽17186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68410
₽125955
₽83127
₽24441
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 190
-
-
-
social contributions
4 690
-
668
-
income
12 615
-
-
-
total
17 305
-
668
-
Employer
57 190
-
-
-
social contributions
80 638
-
11 492
-
total
80 638
-
11 492
-
Corporate
40 172
178 000
-
-
income
8 838
39 160
-
-
total
8 838
39 160
-
-
Dividends
31 334
138 840
-
-
income
6 893
30 545
-
-
total
6 893
30 545
-
-
Income
178 000
178 000
178 000
178 000
Total tax
113 674
69 705
12 160
54 988
After tax
64 326
108 295
165 840
123 012
Living cost
39 885
39 885
39 885
39 885
Free-cash
24 441
68 410
125 955
83 127

Estimated living cost  is ₽39885 per week

₽25879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3751
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.
₽9747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71961
₽51676
₽65173
₽71020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 686
surtax
-
-
-
-
social contributions

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

-
-
-
61 855
total
-
-
-
83 541
Employee
42 941
-
143 838
-
surtax
-
-
-
-
social contributions
4 724
-
15 822
-
income
8 932
-
47 054
-
total
13 656
-
62 876
-
Employer
42 941
-
143 838
-
social contributions
10 198
-
34 162
-
total
10 198
-
34 162
-
Corporate
124 861
178 000
-
-
income
26 221
37 379
-
-
surtax
-
-
-
-
total
26 221
37 379
-
-
Dividends
98 640
140 621
-
-
withholding
27 619
39 374
-
-
total
27 619
39 374
-
-
Income
178 000
178 000
178 000
178 000
Total tax
77 694
76 753
97 038
83 541
After tax
100 306
101 247
80 962
94 459
Living cost
29 286
29 286
29 286
29 286
Free-cash
71 020
71 961
51 676
65 173

Estimated living cost  is ₽29286 per week

₽21912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44617
₽51185
₽54994
₽51037
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 924
other
-
-
-
5 517
surtax
-
-
-
-
social contributions
-
-
-
5 073
health
-
-
-
7 950
pensions
-
-
-
30 448
total
-
-
-
77 912
Employee
58 476
-
137 173
-
pensions
6 614
-
9 782
-
surtax
-
-
-
-
social contributions
1 665
-
3 909
-
income
5 102
-
27 203
-
total
13 381
-
40 894
-
Employer
58 476
-
137 173
-
health
4 093
-
12 981
-
pensions
9 608
-
16 425
-
unemployment
2 369
-
5 556
-
social contributions
175
-
411
-
other
2 018
-
5 454
-
total
18 263
-
40 827
-
Corporate
101 260
178 000
-
-
income
28 352
49 840
-
-
surtax
-
-
-
-
total
28 352
49 840
-
-
Dividends
72 908
128 160
-
-
surtax
-
-
-
-
social contributions
12 541
22 044
-
-
withholding
9 332
16 405
-
-
total
21 873
38 449
-
-
Income
178 000
178 000
178 000
178 000
Total tax
81 869
88 289
81 721
77 912
After tax
96 131
89 711
96 279
100 088
Living cost
45 094
45 094
45 094
45 094
Free-cash
51 037
44 617
51 185
54 994

Estimated living cost  is ₽45094 per week

₽30519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132136
₽107292
₽102561
₽128997
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
income
-
-
-
8 214
social contributions
-
-
-
39 160
total
-
-
-
47 374
Employee
30 016
-
154 113
-
income
-
-
8 740
-
social contributions
1 951
-
10 016
-
total
1 951
-
18 756
-
Employer
30 016
-
154 113
-
social contributions
4 653
-
23 887
-
total
4 653
-
23 887
-
Corporate
143 331
178 000
-
-
income
14 334
17 799
-
-
total
14 334
17 799
-
-
Dividends
128 998
160 201
-
-
total
-
-
-
-
Income
178 000
178 000
178 000
178 000
Total tax
20 938
17 799
42 643
47 374
After tax
157 062
160 201
135 357
130 626
Living cost
28 065
28 065
28 065
28 065
Free-cash
128 997
132 136
107 292
102 561

Estimated living cost  is ₽28065 per week

₽18147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2116
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25433
-₽25433
₽59232
-₽25433
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
labour market
-
-
-
14 175
municipal
-
-
-
37 480
national
-
-
-
21 337
pensions
-
-
-
809
total
-
-
-
73 801
Employee
189 796
189 796
189 796
-
municipal
40 416
40 416
40 416
-
labour market
15 162
15 162
15 162
-
pensions
270
270
270
-
national
23 187
23 187
23 187
-
total
79 035
79 035
79 035
-
Employer
189 796
189 796
189 796
-
national
23 227
23 227
23 227
-
labour market
15 184
15 184
15 184
-
pensions
540
540
540
-
municipal
40 480
40 480
40 480
-
total
79 431
79 431
79 431
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
178 000
178 000
178 000
178 000
Total tax
158 466
158 466
158 466
73 801
After tax
19 534
19 534
19 534
104 199
Living cost
44 967
44 967
44 967
44 967
Free-cash
-25 433
-25 433
-25 433
59 232

Estimated living cost  is ₽44967 per week

₽30776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6115
₽76545
₽101109
₽11269
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
239
income
-
-
-
49 761
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
56 358
Employee
32 300
-
160 933
-
pensions
3 637
-
7 227
-
income
4 431
-
38 202
-
health
3 699
-
18 427
-
total
11 767
-
63 856
-
Employer
32 300
-
160 933
-
pensions
5 252
-
10 436
-
accident
539
-
2 687
-
unemployment
791
-
3 943
-
total
6 582
-
17 066
-
Corporate
139 118
178 000
-
-
income

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

125 206
160 200
-
-
total
125 206
160 200
-
-
Dividends
13 912
17 800
-
-
withholding
2 643
3 382
-
-
total
2 643
3 382
-
-
Income
178 000
178 000
178 000
178 000
Total tax
146 198
163 582
80 922
56 358
After tax
31 802
14 418
97 078
121 642
Living cost
20 533
20 533
20 533
20 533
Free-cash
11 269
-6 115
76 545
101 109

Estimated living cost  is ₽20533 per week

₽14946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1171
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74853
₽56607
₽76996
₽77524
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 000
health
-
-
-
2 351
municipal
-
-
-
31 617
national
-
-
-
31 191
total
-
-
-
65 159
Employee
49 121
-
149 742
-
municipal
8 046
-
24 385
-
unemployment
737
-
2 247
-
pensions
3 315
-
10 108
-
national
811
-
18 634
-
health
367
-
1 917
-
total
13 276
-
57 291
-
Employer
49 121
-
149 742
-
health
377
-
1 153
-
pensions
8 522
-
25 980
-
accident
50
-
151
-
unemployment
319
-
973
-
total
9 268
-
28 257
-
Corporate
119 610
178 000
-
-
income
23 923
35 600
-
-
total
23 923
35 600
-
-
Dividends

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

71 766
106 800
-
-
municipal
12 918
19 224
-
-
national
5 246
12 478
-
-
total
18 164
31 702
-
-
Income
178 000
178 000
178 000
178 000
Total tax
64 631
67 302
85 548
65 159
After tax
113 369
110 698
92 452
112 841
Living cost
35 845
35 845
35 845
35 845
Free-cash
77 524
74 853
56 607
76 996

Estimated living cost  is ₽35845 per week

₽23414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3448
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108191
₽97839
₽99368
₽103110
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 370
social contributions
-
-
-
15 106
health
-
-
-
4 539
total
-
-
-
57 015
Employee
71 793
71 793
166 877
-
social contributions
2 714
5 958
8 037
-
income
7 817
6 646
36 547
-
health
556
1 221
2 837
-
total
11 087
13 825
47 421
-
Employer
71 793
71 793
166 877
-
health
604
1 329
3 086
-
social contributions
2 714
5 958
8 037
-
total
3 318
7 287
11 123
-
Corporate
141 977
98 919
-
-
income
17 748
12 365
-
-
total
17 748
12 365
-
-
Dividends
124 229
86 554
-
-
withholding
21 120
14 715
-
-
total
21 120
14 715
-
-
Income
178 000
178 000
178 000
178 000
Total tax
53 273
48 192
58 544
57 015
After tax
124 727
129 808
119 456
120 985
Living cost
21 617
21 617
21 617
21 617
Free-cash
103 110
108 191
97 839
99 368

Estimated living cost  is ₽21617 per week

₽12955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132578
₽116884
₽135608
₽127830
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
178 000
income
-
-
-
18 223
unemployment
-
-
-
27
health
-
-
-
3 379
pensions
-
-
-
5 939
total
-
-
-
27 568
Employee

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

21 431
-
168 875
-
unemployment
106
-
443
-
pensions
3 214
-
13 288
-
income
1 465
-
15 907
-
health
1 821
-
7 530
-
total
6 606
-
37 168
-
Employer

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

21 431
-
168 875
-
health
921
-
3 809
-
pensions
1 178
-
4 872
-
unemployment
106
-
443
-
total
2 205
-
9 124
-
Corporate
154 364
178 000
-
-
income
13 893
16 020
-
-
total
13 893
16 020
-
-
Dividends
140 471
161 980
-
-
withholding
12 642
14 578
-
-
total
12 642
14 578
-
-
Income
178 000
178 000
178 000
178 000
Total tax
35 346
30 598
46 292
27 568
After tax
142 654
147 402
131 708
150 432
Living cost
14 824
14 824
14 824
14 824
Free-cash
127 830
132 578
116 884
135 608

Estimated living cost  is ₽14824 per week

₽9458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92810
₽70150
₽74066
₽88687
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
780
income
-
-
-
52 297
other
-
-
-
87
unemployment
-
-
-
606
pensions
-
-
-
24 490
total
-
-
-
78 260
Employee
34 523
-
150 412
-
other
34
-
87
-
unemployment
535
-
1 341
-
pensions
1 623
-
4 068
-
income
6 656
-
49 092
-
total
8 848
-
54 588
-
Employer
34 523
-
150 412
-
pensions
8 147
-
20 423
-
accident
684
-
1 713
-
unemployment
1 899
-
4 759
-
other
276
-
693
-
total
11 006
-
27 588
-
Corporate
132 471
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.

19 871
26 701
-
-
total
19 871
26 701
-
-
Dividends
112 601
151 299
-
-
withholding
23 914
32 815
-
-
total
23 914
32 815
-
-
Income
178 000
178 000
178 000
178 000
Total tax
63 639
59 516
82 176
78 260
After tax
114 361
118 484
95 824
99 740
Living cost
25 674
25 674
25 674
25 674
Free-cash
88 687
92 810
70 150
74 066

Estimated living cost  is ₽25674 per week

₽17330
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109181
₽112563
₽112699
₽108869
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
61 031
health
-
-
-
1 000
pensions
-
-
-
1 379
total
-
-
-
63 410
Employee
2 880
-
176 448
-
unemployment
29
-
69
-
pensions
259
-
621
-
income
557
-
60 959
-
health
144
-
345
-
total
989
-
61 994
-
Employer
2 880
-
176 448
-
health
274
-
655
-
pensions
317
-
759
-
unemployment
58
-
138
-
total
649
-
1 552
-
Corporate
174 472
178 000
-
-
income
38 384
39 160
-
-
total
38 384
39 160
-
-
Dividends
136 088
138 840
-
-
withholding
27 218
27 768
-
-
total
27 218
27 768
-
-
Income
178 000
178 000
178 000
178 000
Total tax
67 240
66 928
63 546
63 410
After tax
110 760
111 072
114 454
114 590
Living cost
1 891
1 891
1 891
1 891
Free-cash
108 869
109 181
112 563
112 699

Estimated living cost  is ₽1891 per week

₽1124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112458
₽95171
₽95171
₽107863
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
178 000
income
-
-
-
40 600
unemployment
-
-
-
1 035
health
-
-
-
7 107
pensions
-
-
-
17 940
total
-
-
-
66 682
Employee

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

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

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

24 348
-
165 649
-
unemployment
183
-
517
-
pensions
3 409
-
9 660
-
income
3 356
-
40 600
-
health
1 254
-
3 554
-
total
8 202
-
54 331
-
Employer

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

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

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

24 348
-
165 649
-
health
1 254
-
3 554
-
pensions
2 922
-
8 280
-
unemployment
183
-
517
-
total
4 359
-
12 351
-
Corporate
149 294
178 000
-
-
income
22 394
26 700
-
-
total
22 394
26 700
-
-
Dividends
126 900
151 300
-
-
withholding
19 035
22 695
-
-
total
19 035
22 695
-
-
Income
178 000
178 000
178 000
178 000
Total tax
53 990
49 395
66 682
66 682
After tax
124 010
128 605
111 318
111 318
Living cost
16 147
16 147
16 147
16 147
Free-cash
107 863
112 458
95 171
95 171

Estimated living cost  is ₽16147 per week

₽10871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76076
₽55791
₽69288
₽75739
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 686
surtax
-
-
-
-
social contributions

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

-
-
-
61 855
total
-
-
-
83 541
Employee
36 237
-
143 838
-
surtax
-
-
-
-
social contributions
3 987
-
15 822
-
income
7 081
-
47 054
-
total
11 068
-
62 876
-
Employer
36 237
-
143 838
-
social contributions
8 606
-
34 162
-
total
8 606
-
34 162
-
Corporate
133 157
178 000
-
-
income
27 962
37 379
-
-
surtax
-
-
-
-
total
27 962
37 379
-
-
Dividends
105 195
140 621
-
-
withholding
29 454
39 374
-
-
total
29 454
39 374
-
-
Income
178 000
178 000
178 000
178 000
Total tax
77 090
76 753
97 038
83 541
After tax
100 910
101 247
80 962
94 459
Living cost
25 171
25 171
25 171
25 171
Free-cash
75 739
76 076
55 791
69 288

Estimated living cost  is ₽25171 per week

₽17828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85671
₽63011
₽66927
₽79564
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
780
income
-
-
-
52 297
other
-
-
-
87
unemployment
-
-
-
606
pensions
-
-
-
24 490
total
-
-
-
78 260
Employee
45 091
-
150 412
-
other
44
-
87
-
unemployment
698
-
1 341
-
pensions
2 119
-
4 068
-
income
9 418
-
49 092
-
total
12 279
-
54 588
-
Employer
45 091
-
150 412
-
pensions
10 641
-
20 423
-
accident
893
-
1 713
-
unemployment
2 480
-
4 759
-
other
361
-
693
-
total
14 375
-
27 588
-
Corporate
118 533
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.

17 780
26 701
-
-
total
17 780
26 701
-
-
Dividends
100 753
151 299
-
-
withholding
21 189
32 815
-
-
total
21 189
32 815
-
-
Income
178 000
178 000
178 000
178 000
Total tax
65 623
59 516
82 176
78 260
After tax
112 377
118 484
95 824
99 740
Living cost
32 813
32 813
32 813
32 813
Free-cash
79 564
85 671
63 011
66 927

Estimated living cost  is ₽32813 per week

₽23565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2551
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.
₽6235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136126
₽133651
₽126527
₽130434
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
income
-
-
-
26 700
unemployment
-
-
-
130
health
-
-
-
3 751
pensions

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

-
-
-
4 828
total
-
-
-
35 409
Employee
21 272
-
171 600
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 867
-
2 864
-
income
2 128
-
17 160
-
health
979
-
1 501
-
total
5 208
-
21 884
-
Employer
21 272
-
171 600
-
health
1 468
-
2 251
-
pensions

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

2 344
-
3 595
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
unemployment
128
-
196
-
total
4 174
-
6 401
-
Corporate
152 555
178 000
-
-
income
15 255
17 800
-
-
total
15 255
17 800
-
-
Dividends
137 300
160 200
-
-
withholding
6 865
8 010
-
-
total
6 865
8 010
-
-
Income
178 000
178 000
178 000
178 000
Total tax
31 502
25 810
28 285
35 409
After tax
146 498
152 190
149 715
142 591
Living cost
16 064
16 064
16 064
16 064
Free-cash
130 434
136 126
133 651
126 527

Estimated living cost  is ₽16064 per week

₽10625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽920
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.
₽4137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55539
₽75944
₽56630
₽67752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 000
income

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

-
-
-
56 523
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.

-
-
-
3 109
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.

-
-
-
6 378
trade
-
-
-
19 314
total
-
-
-
85 324
Employee

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

46 455
-
178 000
-
surtax

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

211
-
3 109
-
income

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

3 820
-
56 523
-
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.

6 378
-
6 378
-
total
10 409
-
66 010
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
131 545
178 000
-
-
income
19 732
26 701
-
-
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.

1 086
1 469
-
-
chamber of commerce
335
402
-
-
trade
18 877
25 544
-
-
total
40 030
54 116
-
-
Dividends
91 515
123 885
-
-
surtax

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

1 238
1 683
-
-
withholding
22 525
30 616
-
-
total
23 763
32 299
-
-
Income
178 000
178 000
178 000
178 000
Total tax
74 202
86 415
66 010
85 324
After tax
103 798
91 585
111 990
92 676
Living cost
36 046
36 046
36 046
36 046
Free-cash
67 752
55 539
75 944
56 630

Estimated living cost  is ₽36046 per week

₽24865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71415
₽39035
₽39035
₽73475
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 769
social contributions
-
-
-
30 011
total
-
-
-
85 780
Employee
73 032
-
178 000
-
income
13 781
-
55 769
-
social contributions
6 067
-
30 011
-
total
19 848
-
85 780
-
Employer
73 032
-
178 000
-
total
-
-
-
-
Corporate
104 968
178 000
-
-
income
13 122
22 250
-
-
total
13 122
22 250
-
-
Dividends
91 846
155 750
-
-
withholding
18 370
31 150
-
-
total
18 370
31 150
-
-
Income
178 000
178 000
178 000
178 000
Total tax
51 340
53 400
85 780
85 780
After tax
126 660
124 600
92 220
92 220
Living cost
53 185
53 185
53 185
53 185
Free-cash
73 475
71 415
39 035
39 035

Estimated living cost  is ₽53185 per week

₽40462
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4334
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76876
₽91842
₽111750
₽80138
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 701
health

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

-
-
-
5 657
total
-
-
-
32 358
Employee
42 830
-
173 705
-
income
4 647
-
43 676
-
social contributions
4 291
-
4 295
-
total
8 938
-
47 971
-
Employer
42 830
-
173 705
-
social contributions
4 291
-
4 295
-
total
4 291
-
4 295
-
Corporate
130 878
178 000
-
-
income
45 808
62 299
-
-
total
45 808
62 299
-
-
Dividends
85 071
115 701
-
-
social contributions
4 933
4 933
-
-
total
4 933
4 933
-
-
Income
178 000
178 000
178 000
178 000
Total tax
63 970
67 232
52 266
32 358
After tax
114 030
110 768
125 734
145 642
Living cost
33 892
33 892
33 892
33 892
Free-cash
80 138
76 876
91 842
111 750

Estimated living cost  is ₽33892 per week

₽22324
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.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80301
₽66200
₽82241
₽85855
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
income
-
-
-
52 233
pensions
-
-
-
8 693
total
-
-
-
60 926
Employee
47 813
-
155 375
-
pensions
3 649
-
10 599
-
income
8 707
-
41 541
-
health
624
-
2 202
-
total
12 980
-
54 342
-
Employer
47 813
-
155 375
-
health
909
-
2 951
-
pensions
4 831
-
19 674
-
total
5 740
-
22 625
-
Corporate
124 448
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.

23 645
33 821
-
-
total
23 645
33 821
-
-
Dividends
100 802
144 179
-
-
withholding
14 947
29 045
-
-
total
14 947
29 045
-
-
Income
178 000
178 000
178 000
178 000
Total tax
57 312
62 866
76 967
60 926
After tax
120 688
115 134
101 033
117 074
Living cost
34 833
34 833
34 833
34 833
Free-cash
85 855
80 301
66 200
82 241

Estimated living cost  is ₽34833 per week

₽23895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7297
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8148
₽74512
₽99076
₽10956
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
239
income
-
-
-
49 761
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
56 358
Employee
35 497
-
160 933
-
pensions
3 997
-
7 227
-
income
4 870
-
38 202
-
health
4 064
-
18 427
-
total
12 931
-
63 856
-
Employer
35 497
-
160 933
-
pensions
5 772
-
10 436
-
accident
593
-
2 687
-
unemployment
870
-
3 943
-
total
7 235
-
17 066
-
Corporate
135 269
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.

121 742
160 200
-
-
total
121 742
160 200
-
-
Dividends
13 527
17 800
-
-
withholding
2 570
3 382
-
-
total
2 570
3 382
-
-
Income
178 000
178 000
178 000
178 000
Total tax
144 478
163 582
80 922
56 358
After tax
33 522
14 418
97 078
121 642
Living cost
22 566
22 566
22 566
22 566
Free-cash
10 956
-8 148
74 512
99 076

Estimated living cost  is ₽22566 per week

₽16561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123557
₽115302
₽94768
₽132806
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
178 000
income
-
-
-
29 552
unemployment
-
-
-
1 792
work injury
-
-
-
747
health insurance
-
-
-
11 051
pensions
-
-
-
27 477
total
-
-
-
70 619
Employee

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

20 181
-
178 000
-
health insurance
1 493
-
5 525
-
unemployment
242
-
896
-
work injury
101
-
373
-
pensions
3 713
-
13 739
-
income
2 018
-
29 552
-
total
7 567
-
50 085
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
157 819
178 000
-
-
income

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

1 578
17 800
-
-
total
1 578
17 800
-
-
Dividends
156 241
160 200
-
-
withholding
23 436
24 030
-
-
total
23 436
24 030
-
-
Income
178 000
178 000
178 000
178 000
Total tax
32 581
41 830
50 085
70 619
After tax
145 419
136 170
127 915
107 381
Living cost
12 613
12 613
12 613
12 613
Free-cash
132 806
123 557
115 302
94 768

Estimated living cost  is ₽12613 per week

₽7814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56565
₽37165
₽44976
₽52317
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
social contributions
-
-
-
45 781
regional
-
-
-
4 092
municipal
-
-
-
1 191
national
-
-
-
44 766
total
-
-
-
95 830
Employee
78 675
-
178 000
-
municipal
470
-
1 061
-
national
13 295
-
38 928
-
regional
1 188
-
3 631
-
social contributions
26 529
-
60 021
-
total
41 482
-
103 641
-
Employer
78 675
-
178 000
-
total
-
-
-
-
Corporate
99 325
178 000
-
-
municipal
4 787
8 579
-
-
nationa
23 838
42 719
-
-
total
28 625
51 298
-
-
Dividends
70 700
126 702
-
-
withholding
18 382
32 943
-
-
total
18 382
32 943
-
-
Income
178 000
178 000
178 000
178 000
Total tax
88 489
84 241
103 641
95 830
After tax
89 511
93 759
74 359
82 170
Living cost
37 194
37 194
37 194
37 194
Free-cash
52 317
56 565
37 165
44 976

Estimated living cost  is ₽37194 per week

₽26127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2558
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.
₽7946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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