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
₽59350
₽70463
₽61863
₽82542
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 000
trade
-
-
-
20 679
income

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

-
-
-
55 140
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.

-
-
-
6 862
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.

-
-
-
3 033
total
-
-
-
85 714
Employee

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

38 418
-
178 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 862
-
6 862
-
surtax

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

59
-
3 033
-
income

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

1 073
-
55 140
-
total
7 994
-
65 035
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
139 582
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.

1 151
1 468
-
-
income
20 937
26 701
-
-
trade
21 985
28 035
-
-
chamber of commerce
353
408
-
-
total
44 426
56 612
-
-
Dividends
95 157
121 389
-
-
surtax

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

1 287
1 649
-
-
withholding
23 407
29 966
-
-
total
24 694
31 615
-
-
Income
178 000
178 000
178 000
178 000
Total tax
77 114
88 227
65 035
85 714
After tax
100 886
89 773
112 965
92 286
Living cost
30 423
30 423
30 423
30 423
Free-cash
70 463
59 350
82 542
61 863

Estimated living cost  is ₽30423 per week

₽19137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60389
₽59546
₽54117
₽55074
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
municipal
-
-
-
19 513
pensions
-
-
-
21 360
national
-
-
-
30 413
social contributions
-
-
-
1 914
total
-
-
-
73 200
Employee
78 568
-
153 879
-
municipal
9 704
-
20 202
-
pensions
3 143
-
6 155
-
national
15 038
-
31 922
-
total
27 885
-
58 279
-
Employer
78 568
-
153 879
-
social contributions
845
-
1 654
-
pensions
6 285
-
12 310
-
total
7 130
-
13 964
-
Corporate
87 117
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%.

17 423
35 600
-
-
total
17 423
35 600
-
-
Dividends
69 693
142 400
-
-
withholding
15 333
31 328
-
-
total
15 333
31 328
-
-
Income
178 000
178 000
178 000
178 000
Total tax
67 771
66 928
72 243
73 200
After tax
110 229
111 072
105 757
104 800
Living cost
50 683
50 683
50 683
50 683
Free-cash
59 546
60 389
55 074
54 117

Estimated living cost  is ₽50683 per week

₽34449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121503
₽113264
₽40620
₽53968
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
178 000
microenterprise
-
-
-
-
income
-
-
-
32 609
surtax
-
-
-
45 390
social contributions

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

-
-
-
38 484
total
-
-
-
116 483
Employee
29 350
-
134 381
-
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.

3 229
-
13 167
-
surtax
-
-
19 486
-
income
5 225
-
26 863
-
total
8 454
-
59 516
-
Employer
29 350
-
134 381
-
social contributions

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

7 070
-
28 837
-
surtax
-
-
14 782
-
total
7 070
-
43 619
-
Corporate
141 580
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%.

28 315
35 600
-
-
total
28 315
35 600
-
-
Dividends

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

113 265
142 400
-
-
total
-
-
-
-
Income
178 000
178 000
178 000
178 000
Total tax
43 839
35 600
103 135
116 483
After tax
134 161
142 400
74 865
61 517
Living cost
20 897
20 897
20 897
20 897
Free-cash
113 264
121 503
53 968
40 620

Estimated living cost  is ₽20897 per week

₽13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
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.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽46067
₽39912
₽56119
₽69250
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 650
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
79 804
Employee
85 775
85 775
159 334
-
health
13 165
11 198
12 386
-
income

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

14 040
14 040
23 853
-
pensions
15 439
11 768
11 768
-
total
42 644
37 006
48 007
-
Employer
85 775
85 775
159 334
-
unemployment
3 088
3 088
3 837
-
pensions
5 970
5 970
7 420
-
health
5 962
5 962
7 409
-
total
15 020
15 020
18 666
-
Corporate
78 257
77 205
-
-
income
15 651
15 441
-
-
total
15 651
15 441
-
-
Dividends
62 606
61 764
-
-
income
13 305
13 125
-
-
withholding
9 391
9 264
-
-
total
22 696
22 389
-
-
Income
178 000
178 000
178 000
178 000
Total tax
96 011
89 856
66 673
79 804
After tax
81 989
88 144
111 327
98 196
Living cost
42 077
42 077
42 077
42 077
Free-cash
39 912
46 067
69 250
56 119

Estimated living cost  is ₽42077 per week

₽29819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58227
₽57352
₽52071
₽51126
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
municipal
-
-
-
45 703
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 922
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
16 528
total
-
-
-
86 968
Employee
55 516
-
151 171
-
municipal
16 555
-
45 079
-
national
-
-
16 005
-
total
16 555
-
61 084
-
Employer
55 516
-
151 171
-
accident
111
-
171
-
other
6 451
-
9 922
-
unemployment
1 466
-
2 254
-
pensions
6 001
-
9 231
-
health
3 414
-
5 251
-
total
17 443
-
26 829
-
Corporate
105 041
178 000
-
-
income
23 109
39 160
-
-
total
23 109
39 160
-
-
Dividends
81 932
138 840
-
-
withholding
24 580
41 652
-
-
total
24 580
41 652
-
-
Income
178 000
178 000
178 000
178 000
Total tax
81 687
80 812
87 913
86 968
After tax
96 313
97 188
90 087
91 032
Living cost
38 961
38 961
38 961
38 961
Free-cash
57 352
58 227
51 126
52 071

Estimated living cost  is ₽38961 per week

₽25822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49398
₽63515
₽51909
₽73507
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 000
trade
-
-
-
21 598
income

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

-
-
-
55 140
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.

-
-
-
6 862
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.

-
-
-
3 033
total
-
-
-
86 633
Employee

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

50 937
-
178 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 862
-
6 862
-
surtax

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

240
-
3 033
-
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.

4 376
-
55 140
-
total
11 478
-
65 035
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
127 063
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.

1 048
1 468
-
-
income
19 059
26 701
-
-
trade
20 902
29 282
-
-
chamber of commerce
334
406
-
-
total
41 343
57 857
-
-
Dividends
85 720
120 144
-
-
surtax

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

1 157
1 632
-
-
withholding
21 049
29 655
-
-
total
22 206
31 287
-
-
Income
178 000
178 000
178 000
178 000
Total tax
75 027
89 144
65 035
86 633
After tax
102 973
88 856
112 965
91 367
Living cost
39 458
39 458
39 458
39 458
Free-cash
63 515
49 398
73 507
51 909

Estimated living cost  is ₽39458 per week

₽26390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97269
₽93104
₽89032
₽87468
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
income
-
-
-
35 600
health
-
-
-
4 538
social contributions
-
-
-
16 251
total
-
-
-
56 389
Employee
77 236
77 236
166 277
-
social contributions
3 753
6 410
8 646
-
health
768
1 313
2 827
-
income
8 110
7 150
34 758
-
total
12 631
14 873
46 231
-
Employer
77 236
77 236
166 277
-
social contributions
3 753
6 410
8 646
-
health
837
1 430
3 076
-
total
4 590
7 840
11 722
-
Corporate
128 200
92 924
-
-
income
16 025
11 616
-
-
total
16 025
11 616
-
-
Dividends
112 175
81 308
-
-
withholding
19 071
13 823
-
-
total
19 071
13 823
-
-
Income
178 000
178 000
178 000
178 000
Total tax
52 317
48 152
57 953
56 389
After tax
125 683
129 848
120 047
121 611
Living cost
32 579
32 579
32 579
32 579
Free-cash
93 104
97 269
87 468
89 032

Estimated living cost  is ₽32579 per week

₽22271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
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.
₽7217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81757
₽82138
₽105078
₽84956
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

26 319
10 475
148 954
-
health
1 842
733
10 427
-
income
3 217
1 281
18 210
-
pensions
2 632
1 047
14 895
-
unemployment
395
157
2 234
-
total
8 086
3 218
45 766
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 319
10 475
148 954
-
pensions
5 132
2 043
29 046
-
total
5 132
2 043
29 046
-
Corporate
146 549
165 483
-
-
income
13 189
14 893
-
-
total
13 189
14 893
-
-
Dividends
133 359
150 589
-
-
social contributions
25 885
29 245
-
-
withholding
25 338
28 612
-
-
total
51 223
57 857
-
-
Income
178 000
178 000
178 000
178 000
Total tax
77 630
78 011
74 812
54 690
After tax
100 370
99 989
103 188
123 310
Living cost
18 232
18 232
18 232
18 232
Free-cash
82 138
81 757
84 956
105 078

Estimated living cost  is ₽18232 per week

₽12442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118139
₽111899
₽71148
₽78335
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 853
pensions
-
-
-
35 598
health
-
-
-
23 140
total
-
-
-
82 591
Employee
28 494
-
133 035
-
income
3 208
-
25 649
-
pensions
570
-
2 661
-
unemployment
456
-
2 129
-
total
4 234
-
30 439
-
Employer
28 494
-
133 035
-
unemployment
229
-
1 064
-
pensions
5 699
-
26 607
-
health
3 704
-
17 294
-
total
9 632
-
44 965
-
Corporate
139 874
178 000
-
-
income
27 974
35 600
-
-
total
27 974
35 600
-
-
Dividends
111 900
142 400
-
-
total
-
-
-
-
Income
178 000
178 000
178 000
178 000
Total tax
41 840
35 600
75 404
82 591
After tax
136 160
142 400
102 596
95 409
Living cost
24 261
24 261
24 261
24 261
Free-cash
111 899
118 139
78 335
71 148

Estimated living cost  is ₽24261 per week

₽16640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7626
₽11036
₽99633
₽74694
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
49 345
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
56 323
Employee
34 676
-
160 354
-
health
3 970
-
18 361
-
income
4 757
-
37 610
-
pensions
3 905
-
7 645
-
total
12 632
-
63 616
-
Employer
34 676
-
160 354
-
accident
579
-
2 678
-
unemployment
850
-
3 929
-
pensions
5 639
-
11 039
-
total
7 068
-
17 646
-
Corporate
136 257
178 000
-
-
income

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

122 631
160 200
-
-
total
122 631
160 200
-
-
Dividends
13 626
17 800
-
-
withholding
2 589
3 382
-
-
total
2 589
3 382
-
-
Income
178 000
178 000
178 000
178 000
Total tax
144 920
163 582
81 262
56 323
After tax
33 080
14 418
96 738
121 677
Living cost
22 044
22 044
22 044
22 044
Free-cash
11 036
-7 626
74 694
99 633

Estimated living cost  is ₽22044 per week

₽16156
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.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160000
₽158294
₽167120
₽133300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 374
-
178 000
-
income
2 275
-
35 600
-
total
2 275
-
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%.

166 626
178 000
-
-
total
-
-
-
-
Dividends
166 626
178 000
-
-
withholding
8 331
8 900
-
-
total
8 331
8 900
-
-
Income
178 000
178 000
178 000
178 000
Total tax
10 606
8 900
35 600
1 780
After tax
167 394
169 100
142 400
176 220
Living cost
9 100
9 100
9 100
9 100
Free-cash
158 294
160 000
133 300
167 120

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104012
₽97229
₽73011
₽74092
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
income
-
-
-
27 591
pensions

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

-
-
-
36 658
other
-
-
-
7 255
health
-
-
-
6 721
total
-
-
-
78 225
Employee
36 470
-
142 173
-
health
511
-
1 990
-
income
6 279
-
27 951
-
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.

2 552
-
9 954
-
unemployment
364
-
1 422
-
total
9 706
-
41 317
-
Employer
36 470
-
142 173
-
accident
292
-
1 138
-
other
1 824
-
7 108
-
unemployment
364
-
1 422
-
pensions

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

6 201
-
24 169
-
health
511
-
1 990
-
total
9 192
-
35 827
-
Corporate
132 339
178 000
-
-
income
27 791
37 381
-
-
total
27 791
37 381
-
-
Dividends
104 548
140 619
-
-
withholding
7 318
9 843
-
-
total
7 318
9 843
-
-
Income
178 000
178 000
178 000
178 000
Total tax
54 007
47 224
77 144
78 225
After tax
123 993
130 776
100 856
99 775
Living cost
26 764
26 764
26 764
26 764
Free-cash
97 229
104 012
74 092
73 011

Estimated living cost  is ₽26764 per week

₽18910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
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.
₽5615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49279
₽52485
₽50841
₽34735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 007
pensions
-
-
-
9 051
total
-
-
-
60 058
Employee
94 938
-
155 482
-
health
1 564
-
2 250
-
income
17 114
-
40 270
-
pensions
9 159
-
11 126
-
total
27 837
-
53 646
-
Employer
94 938
-
155 482
-
pensions
11 209
-
19 564
-
health
1 803
-
2 954
-
total
13 012
-
22 518
-
Corporate
70 050
178 000
-
-
income

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

13 309
33 820
-
-
total
13 309
33 820
-
-
Dividends
56 741
144 180
-
-
withholding
4 256
27 800
-
-
total
4 256
27 800
-
-
Income
178 000
178 000
178 000
178 000
Total tax
58 414
61 620
76 164
60 058
After tax
119 586
116 380
101 836
117 942
Living cost
67 101
67 101
67 101
67 101
Free-cash
52 485
49 279
34 735
50 841

Estimated living cost  is ₽67101 per week

₽50280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7884
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.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽139022
₽134357
₽128766
₽135758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
36 066
Employee
17 436
-
171 117
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
17 111
-
pensions

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

1 531
-
3 080
-
total
4 268
-
22 191
-
Employer
17 436
-
171 117
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
157 143
178 000
-
-
income
15 714
17 800
-
-
total
15 714
17 800
-
-
Dividends
141 429
160 200
-
-
withholding
7 072
8 010
-
-
total
7 072
8 010
-
-
Income
178 000
178 000
178 000
178 000
Total tax
30 475
25 810
29 074
36 066
After tax
147 525
152 190
148 926
141 934
Living cost
13 168
13 168
13 168
13 168
Free-cash
134 357
139 022
135 758
128 766

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32447
₽34971
₽42499
₽55630
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 650
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
79 804
Employee
93 124
85 775
159 334
-
health
11 618
11 198
12 386
-
income

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

14 040
14 040
23 853
-
pensions
11 768
11 768
11 768
-
total
37 426
37 006
48 007
-
Employer
93 124
85 775
159 334
-
unemployment
3 353
3 088
3 837
-
pensions
6 481
5 970
7 420
-
health
6 471
5 962
7 409
-
total
16 305
15 020
18 666
-
Corporate
68 571
77 205
-
-
income
13 714
15 441
-
-
total
13 714
15 441
-
-
Dividends
54 857
61 764
-
-
income
11 658
13 125
-
-
withholding
8 229
9 264
-
-
total
19 887
22 389
-
-
Income
178 000
178 000
178 000
178 000
Total tax
87 332
89 856
66 673
79 804
After tax
90 668
88 144
111 327
98 196
Living cost
55 697
55 697
55 697
55 697
Free-cash
34 971
32 447
55 630
42 499

Estimated living cost  is ₽55697 per week

₽41086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98533
₽89963
₽77403
₽69546
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
income
-
-
-
17 911
health
-
-
-
24 030
solidarity contribution
-
-
-
72
social contributions
-
-
-
34 564
total
-
-
-
76 577
Employee
35 324
-
136 153
-
social contributions
2 296
-
7 694
-
health
4 769
-
18 381
-
solidarity contribution
-
-
-
-
income
4 239
-
16 512
-
total
11 304
-
42 587
-
Employer
35 324
-
136 153
-
social contributions
8 831
-
29 593
-
health
3 179
-
12 254
-
total
12 010
-
41 847
-
Corporate
130 666
178 000
-
-
income
24 827
33 820
-
-
total
24 827
33 820
-
-
Dividends
105 839
144 180
-
-
withholding
15 876
21 627
-
-
total
15 876
21 627
-
-
Income
178 000
178 000
178 000
178 000
Total tax
64 017
55 447
84 434
76 577
After tax
113 983
122 553
93 566
101 423
Living cost
24 020
24 020
24 020
24 020
Free-cash
89 963
98 533
69 546
77 403

Estimated living cost  is ₽24020 per week

₽16685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52586
₽47341
₽42624
₽34584
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
municipal
-
-
-
1 058
regional
-
-
-
2 103
national
-
-
-
44 050
social contributions
-
-
-
45 781
total
-
-
-
92 992
Employee
89 268
-
178 000
-
social contributions
30 101
-
60 021
-
regional
842
-
1 855
-
municipal
473
-
944
-
national
15 468
-
38 212
-
total
46 884
-
101 032
-
Employer
89 268
-
178 000
-
total
-
-
-
-
Corporate
88 732
178 000
-
-
nationa
21 295
42 720
-
-
municipal
3 461
6 942
-
-
total
24 756
49 662
-
-
Dividends
63 976
128 338
-
-
withholding
16 635
33 368
-
-
total
16 635
33 368
-
-
Income
178 000
178 000
178 000
178 000
Total tax
88 275
83 030
101 032
92 992
After tax
89 725
94 970
76 968
85 008
Living cost
42 384
42 384
42 384
42 384
Free-cash
47 341
52 586
34 584
42 624

Estimated living cost  is ₽42384 per week

₽29545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89797
₽86672
₽62056
₽55911
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
income
-
-
-
49 543
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
7 680
total
-
-
-
93 780
Employee
33 216
-
149 782
-
other
-
-
-
-
health
848
-
3 418
-
surtax
109
-
6 479
-
income
5 568
-
43 537
-
pensions
2 215
-
8 942
-
unemployment
2 312
-
9 330
-
total
11 052
-
71 706
-
Employer
33 216
-
149 782
-
other
-
-
-
-
unemployment
1 052
-
4 249
-
pensions
4 428
-
17 870
-
health
1 512
-
6 100
-
total
6 992
-
28 219
-
Corporate
137 792
178 000
-
-
income
35 825
46 280
-
-
total
35 825
46 280
-
-
Dividends
101 967
131 720
-
-
withholding
15 295
19 759
-
-
total
15 295
19 759
-
-
Income
178 000
178 000
178 000
178 000
Total tax
69 164
66 039
99 925
93 780
After tax
108 836
111 961
78 075
84 220
Living cost
22 164
22 164
22 164
22 164
Free-cash
86 672
89 797
55 911
62 056

Estimated living cost  is ₽22164 per week

₽13552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70538
₽77166
₽72100
₽55994
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 007
pensions
-
-
-
9 051
total
-
-
-
60 058
Employee
63 625
-
155 482
-
health
924
-
2 250
-
income
11 459
-
40 270
-
pensions
5 400
-
11 126
-
total
17 783
-
53 646
-
Employer
63 625
-
155 482
-
pensions
6 887
-
19 564
-
health
1 209
-
2 954
-
total
8 096
-
22 518
-
Corporate
106 279
178 000
-
-
income

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

20 194
33 820
-
-
total
20 194
33 820
-
-
Dividends
86 086
144 180
-
-
withholding
8 919
27 800
-
-
total
8 919
27 800
-
-
Income
178 000
178 000
178 000
178 000
Total tax
54 992
61 620
76 164
60 058
After tax
123 008
116 380
101 836
117 942
Living cost
45 842
45 842
45 842
45 842
Free-cash
77 166
70 538
55 994
72 100

Estimated living cost  is ₽45842 per week

₽34344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽5000
₽37689
₽67415
₽59346
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
city
-
-
-
1 876
pensions
-
-
-
16 376
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
-
-
-
8 884
health
-
-
-
400
national
-
-
-
3 096
total
-
-
-
34 191
Employee
89 401
-
159 321
-
city
959
-
1 711
-
regional
2 927
-
7 638
-
health
202
-
359
-
pensions
7 511
-
13 381
-
unemployment
-
-
-
-
national
423
-
2 245
-
total
12 022
-
25 334
-
Employer
89 401
-
159 321
-
other

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

1 787
-
3 186
-
unemployment
-
-
-
-
pensions
7 511
-
13 381
-
health
202
-
359
-
total
9 500
-
16 926
-
Corporate
78 116
178 000
-
-
regional
16 521
37 647
-
-
national
6 640
15 130
-
-
total
23 161
52 777
-
-
Dividends
54 955
125 224
-
-
withholding
19 234
43 829
-
-
total
19 234
43 829
-
-
Income
178 000
178 000
178 000
178 000
Total tax
63 917
96 606
42 260
34 191
After tax
114 083
81 394
135 740
143 809
Living cost
76 394
76 394
76 394
76 394
Free-cash
37 689
5 000
59 346
67 415

Estimated living cost  is ₽76394 per week

₽49678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽41931
₽58220
₽44432
₽66951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 000
trade
-
-
-
22 519
income

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

-
-
-
55 140
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.

-
-
-
6 862
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.

-
-
-
3 033
total
-
-
-
87 554
Employee

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

60 365
-
178 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 862
-
6 862
-
surtax

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

391
-
3 033
-
income

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

7 098
-
55 140
-
total
14 351
-
65 035
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
117 635
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.

970
1 468
-
-
income
17 645
26 701
-
-
trade
20 174
30 526
-
-
chamber of commerce
318
402
-
-
total
39 107
59 097
-
-
Dividends
78 528
118 903
-
-
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.

1 058
1 614
-
-
withholding
19 250
29 344
-
-
total
20 308
30 958
-
-
Income
178 000
178 000
178 000
178 000
Total tax
73 766
90 055
65 035
87 554
After tax
104 234
87 945
112 965
90 446
Living cost
46 014
46 014
46 014
46 014
Free-cash
58 220
41 931
66 951
44 432

Estimated living cost  is ₽46014 per week

₽33607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55346
₽61277
₽65923
₽63316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
income
-
-
-
27 922
pensions
-
-
-
31 638
other
-
-
-
5 518
health
-
-
-
7 562
surtax
-
-
-
-
social contributions
-
-
-
5 072
total
-
-
-
77 712
Employee
42 988
-
137 871
-
social contributions
1 226
-
3 928
-
surtax
-
-
-
-
income
2 537
-
26 719
-
pensions
4 861
-
9 542
-
total
8 624
-
40 189
-
Employer
42 988
-
137 871
-
other
1 483
-
5 359
-
social contributions
130
-
414
-
unemployment
1 740
-
5 583
-
pensions
7 062
-
16 071
-
health
3 010
-
12 703
-
total
13 425
-
40 130
-
Corporate
121 587
178 000
-
-
surtax
-
-
-
-
income
34 045
49 841
-
-
total
34 045
49 841
-
-
Dividends
87 542
128 159
-
-
surtax
-
-
-
-
social contributions
15 058
22 044
-
-
withholding
11 206
16 404
-
-
total
26 264
38 448
-
-
Income
178 000
178 000
178 000
178 000
Total tax
82 358
88 289
80 319
77 712
After tax
95 642
89 711
97 681
100 288
Living cost
34 365
34 365
34 365
34 365
Free-cash
61 277
55 346
63 316
65 923

Estimated living cost  is ₽34365 per week

₽21669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58751
₽64334
₽69328
₽66721
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
income
-
-
-
27 922
pensions
-
-
-
31 638
other
-
-
-
5 518
health
-
-
-
7 562
surtax
-
-
-
-
social contributions
-
-
-
5 072
total
-
-
-
77 712
Employee
38 373
-
137 871
-
social contributions
1 094
-
3 928
-
surtax
-
-
-
-
income
1 979
-
26 719
-
pensions
4 340
-
9 542
-
total
7 413
-
40 189
-
Employer
38 373
-
137 871
-
other
1 325
-
5 359
-
social contributions
114
-
414
-
unemployment
1 553
-
5 583
-
pensions
6 305
-
16 071
-
health
2 686
-
12 703
-
total
11 983
-
40 130
-
Corporate
127 643
178 000
-
-
surtax
-
-
-
-
income
35 739
49 841
-
-
total
35 739
49 841
-
-
Dividends
91 904
128 159
-
-
surtax
-
-
-
-
social contributions
15 807
22 044
-
-
withholding
11 764
16 404
-
-
total
27 571
38 448
-
-
Income
178 000
178 000
178 000
178 000
Total tax
82 706
88 289
80 319
77 712
After tax
95 294
89 711
97 681
100 288
Living cost
30 960
30 960
30 960
30 960
Free-cash
64 334
58 751
66 721
69 328

Estimated living cost  is ₽30960 per week

₽17956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87297
₽87819
₽93012
₽89311
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 424
social contributions
-
-
-
24 564
total
-
-
-
63 689
Employee
34 056
-
178 000
-
social contributions
4 700
-
24 564
-
health
2 377
-
12 424
-
income
5 680
-
30 402
-
total
12 757
-
67 390
-
Employer
34 056
-
178 000
-
total
-
-
-
-
Corporate
143 944
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%.

7 197
8 900
-
-
total
7 197
8 900
-
-
Dividends
136 746
169 100
-
-
health
9 546
11 803
-
-
social contributions
18 870
23 336
-
-
withholding
20 512
25 365
-
-
total
48 928
60 504
-
-
Income
178 000
178 000
178 000
178 000
Total tax
68 882
69 404
67 390
63 689
After tax
109 118
108 596
110 610
114 311
Living cost
21 299
21 299
21 299
21 299
Free-cash
87 819
87 297
89 311
93 012

Estimated living cost  is ₽21299 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63087
₽61531
₽55967
₽11777
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
713
income
-
-
-
48 884
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
198
total
-
-
-
86 641
Employee
50 197
40 028
142 217
-
other
501
400
1 174
-
health
1 942
1 550
4 540
-
income
5 715
2 953
39 193
-
pensions
5 141
4 098
12 016
-
unemployment
1 506
1 201
3 521
-
total
14 805
10 202
60 444
-
Employer
50 197
40 028
142 217
-
accident
652
520
1 525
-
other
2 385
1 900
6 544
-
chamber of commerce
200
160
568
-
unemployment
1 506
1 201
3 521
-
surtax
198
198
198
-
pensions
6 300
5 024
14 727
-
payroll
1 506
1 201
4 266
-
health
1 897
1 513
4 436
-
total
14 644
11 717
35 785
-
Corporate
113 160
126 253
138 404
-
income

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

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

28 290
31 563
34 602
-
total
28 290
31 563
34 602
-
Dividends
84 870
94 690
-
-
withholding
23 338
26 039
-
-
total
23 338
26 039
-
-
Income
178 000
178 000
178 000
178 000
Total tax
81 077
79 521
130 831
86 641
After tax
96 923
98 479
47 169
91 359
Living cost
35 392
35 392
35 392
35 392
Free-cash
61 531
63 087
11 777
55 967

Estimated living cost  is ₽35392 per week

₽23605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62924
₽47860
₽40554
₽25982
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
national
-
-
-
66 603
communal

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

-
-
-
9 178
social contributions
-
-
-
25 042
total
-
-
-
100 823
Employee

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

71 848
-
137 867
-
communal

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

3 747
-
7 192
-
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.

3 376
-
6 481
-
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.

5 389
-
10 341
-
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.

625
-
1 199
-
national
22 089
-
50 049
-
total
35 226
-
75 262
-
Employer

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

71 848
-
137 867
-
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.

934
-
1 792
-
unemployment

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

1 048
-
2 013
-
surtax
8 147
-
15 634
-
pensions

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

6 366
-
12 214
-
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.

4 418
-
8 480
-
total
20 913
-
40 133
-
Corporate
85 238
178 000
-
-
surtax
341
713
-
-
income
17 048
35 600
-
-
total
17 389
36 313
-
-
Dividends
67 849
141 687
-
-
withholding

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

19 989
42 140
-
-
total
19 989
42 140
-
-
Income
178 000
178 000
178 000
178 000
Total tax
93 517
78 453
115 395
100 823
After tax
84 483
99 547
62 605
77 177
Living cost
36 623
36 623
36 623
36 623
Free-cash
47 860
62 924
25 982
40 554

Estimated living cost  is ₽36623 per week

₽23590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82360
₽75480
₽63607
₽59393
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
839
income
-
-
-
50 189
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
78 119
Employee
49 998
-
148 320
-
other
50
-
93
-
income
10 549
-
46 741
-
pensions
2 350
-
4 376
-
unemployment
776
-
1 443
-
total
13 725
-
52 653
-
Employer
49 998
-
148 320
-
accident
989
-
1 843
-
other
398
-
745
-
unemployment
2 751
-
5 120
-
pensions
11 799
-
21 972
-
total
15 937
-
29 680
-
Corporate
112 065
178 000
-
-
income

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

16 810
26 701
-
-
total
16 810
26 701
-
-
Dividends
95 255
151 299
-
-
withholding
19 774
32 665
-
-
total
19 774
32 665
-
-
Income
178 000
178 000
178 000
178 000
Total tax
66 246
59 366
82 333
78 119
After tax
111 754
118 634
95 667
99 881
Living cost
36 274
36 274
36 274
36 274
Free-cash
75 480
82 360
59 393
63 607

Estimated living cost  is ₽36274 per week

₽26712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49468
₽36610
₽33299
₽40395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
accident
-
-
-
1 500
income
-
-
-
29 355
pensions
-
-
-
26 680
health
-
-
-
12 506
surtax
-
-
-
8 825
communal
-
-
-
11 250
total
-
-
-
90 116
Employee
76 065
-
158 998
-
health
3 385
-
7 077
-
surtax
4 662
-
9 744
-
income
7 347
-
34 479
-
pensions
6 084
-
12 719
-
total
21 478
-
64 019
-
Employer
76 065
-
158 998
-
accident
684
-
1 431
-
pensions
6 084
-
12 719
-
health
2 320
-
4 851
-
total
9 088
-
19 001
-
Corporate
92 847
178 000
-
-
surtax
974
1 870
-
-
communal
6 267
12 014
-
-
income
13 928
26 701
-
-
total
21 169
40 585
-
-
Dividends
71 677
137 415
-
-
income
24 318
12 749
-
-
withholding
10 752
20 613
-
-
total
35 070
33 362
-
-
Income
178 000
178 000
178 000
178 000
Total tax
86 805
73 947
83 020
90 116
After tax
91 195
104 053
94 980
87 884
Living cost
54 585
54 585
54 585
54 585
Free-cash
36 610
49 468
40 395
33 299

Estimated living cost  is ₽54585 per week

₽40947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89400
₽86205
₽61659
₽55514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
income
-
-
-
49 543
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
7 680
total
-
-
-
93 780
Employee
33 826
-
149 782
-
other
-
-
-
-
health
863
-
3 418
-
surtax
120
-
6 479
-
income
5 671
-
43 537
-
pensions
2 257
-
8 942
-
unemployment
2 354
-
9 330
-
total
11 265
-
71 706
-
Employer
33 826
-
149 782
-
other
-
-
-
-
unemployment
1 073
-
4 249
-
pensions
4 510
-
17 870
-
health
1 538
-
6 100
-
total
7 121
-
28 219
-
Corporate
137 053
178 000
-
-
income
35 635
46 280
-
-
total
35 635
46 280
-
-
Dividends
101 418
131 720
-
-
withholding
15 213
19 759
-
-
total
15 213
19 759
-
-
Income
178 000
178 000
178 000
178 000
Total tax
69 234
66 039
99 925
93 780
After tax
108 766
111 961
78 075
84 220
Living cost
22 561
22 561
22 561
22 561
Free-cash
86 205
89 400
55 514
61 659

Estimated living cost  is ₽22561 per week

₽13621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66504
₽64274
₽57369
₽49371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
municipal
-
-
-
1 058
regional
-
-
-
2 685
national
-
-
-
44 050
social contributions
-
-
-
45 781
total
-
-
-
93 574
Employee
55 717
-
178 000
-
social contributions
18 788
-
60 021
-
regional
750
-
2 395
-
municipal
295
-
944
-
national
8 827
-
38 212
-
total
28 660
-
101 572
-
Employer
55 717
-
178 000
-
total
-
-
-
-
Corporate
122 283
178 000
-
-
nationa
29 348
42 720
-
-
municipal
6 077
8 846
-
-
total
35 425
51 566
-
-
Dividends
86 858
126 434
-
-
withholding
22 584
32 873
-
-
total
22 584
32 873
-
-
Income
178 000
178 000
178 000
178 000
Total tax
86 669
84 439
101 572
93 574
After tax
91 331
93 561
76 428
84 426
Living cost
27 057
27 057
27 057
27 057
Free-cash
64 274
66 504
49 371
57 369

Estimated living cost  is ₽27057 per week

₽16827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽92954
₽82395
₽71824
₽63967
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
income
-
-
-
17 911
health
-
-
-
24 030
solidarity contribution
-
-
-
72
social contributions
-
-
-
34 564
total
-
-
-
76 577
Employee
43 528
-
136 153
-
social contributions
2 829
-
7 694
-
health
5 876
-
18 381
-
solidarity contribution
-
-
-
-
income
5 223
-
16 512
-
total
13 928
-
42 587
-
Employer
43 528
-
136 153
-
social contributions
10 882
-
29 593
-
health
3 918
-
12 254
-
total
14 800
-
41 847
-
Corporate
119 672
178 000
-
-
income
22 738
33 820
-
-
total
22 738
33 820
-
-
Dividends
96 934
144 180
-
-
withholding
14 540
21 627
-
-
total
14 540
21 627
-
-
Income
178 000
178 000
178 000
178 000
Total tax
66 006
55 447
84 434
76 577
After tax
111 994
122 553
93 566
101 423
Living cost
29 599
29 599
29 599
29 599
Free-cash
82 395
92 954
63 967
71 824

Estimated living cost  is ₽29599 per week

₽22012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66540
₽66045
₽59512
₽15174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
713
income
-
-
-
48 884
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
-
total
-
-
-
86 443
Employee
43 907
40 028
142 400
-
other
438
400
1 174
-
health
1 698
1 550
4 540
-
income
3 911
2 953
39 281
-
pensions
4 497
4 098
12 016
-
unemployment
1 317
1 201
3 521
-
total
11 861
10 202
60 532
-
Employer
43 907
40 028
142 400
-
accident
570
520
1 525
-
other
2 085
1 900
6 551
-
chamber of commerce
175
160
570
-
unemployment
1 317
1 201
3 521
-
surtax
-
-
-
-
pensions
5 511
5 024
14 727
-
payroll
1 317
1 201
4 272
-
health
1 660
1 513
4 436
-
total
12 635
11 519
35 602
-
Corporate
121 458
126 451
138 587
-
income

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

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

30 364
31 613
34 647
-
total
30 364
31 613
34 647
-
Dividends
91 093
94 839
-
-
withholding
25 050
26 081
-
-
total
25 050
26 081
-
-
Income
178 000
178 000
178 000
178 000
Total tax
79 910
79 415
130 781
86 443
After tax
98 090
98 585
47 219
91 557
Living cost
32 045
32 045
32 045
32 045
Free-cash
66 045
66 540
15 174
59 512

Estimated living cost  is ₽32045 per week

₽19223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
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.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154920
₽152261
₽162040
₽128220
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 726
-
178 000
-
income
3 545
-
35 600
-
total
3 545
-
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%.

160 274
178 000
-
-
total
-
-
-
-
Dividends
160 274
178 000
-
-
withholding
8 014
8 900
-
-
total
8 014
8 900
-
-
Income
178 000
178 000
178 000
178 000
Total tax
11 559
8 900
35 600
1 780
After tax
166 441
169 100
142 400
176 220
Living cost
14 180
14 180
14 180
14 180
Free-cash
152 261
154 920
128 220
162 040

Estimated living cost  is ₽14180 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95612
₽87211
₽59942
₽55226
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
178 000
income
-
-
-
40 828
pensions
-
-
-
32 507
unemployment
-
-
-
267
health
-
-
-
17 515
total
-
-
-
91 117
Employee

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

44 416
-
154 019
-
health
2 869
-
9 950
-
income
7 660
-
37 815
-
pensions
6 885
-
23 872
-
unemployment
63
-
215
-
total
17 477
-
71 852
-
Employer

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

44 416
-
154 019
-
unemployment
27
-
91
-
pensions
3 930
-
13 631
-
health
2 958
-
10 259
-
total
6 915
-
23 981
-
Corporate
126 668
178 000
-
-
income
24 066
33 820
-
-
total
24 066
33 820
-
-
Dividends
102 602
144 180
-
-
withholding
15 390
21 627
-
-
total
15 390
21 627
-
-
Income
178 000
178 000
178 000
178 000
Total tax
63 848
55 447
95 833
91 117
After tax
114 152
122 553
82 167
86 883
Living cost
26 941
26 941
26 941
26 941
Free-cash
87 211
95 612
55 226
59 942

Estimated living cost  is ₽26941 per week

₽18489
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.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64731
₽16706
₽79448
₽121154
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 465
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 465
-
-
-
social contributions
88 076
-
12 552
-
total
88 076
-
12 552
-
Corporate
27 459
178 000
-
-
income
6 041
39 160
-
-
total
6 041
39 160
-
-
Dividends
21 418
138 840
-
-
income
4 712
30 545
-
-
total
4 712
30 545
-
-
Income
178 000
178 000
178 000
178 000
Total tax
117 730
69 705
13 282
54 988
After tax
60 270
108 295
164 718
123 012
Living cost
43 564
43 564
43 564
43 564
Free-cash
16 706
64 731
121 154
79 448

Estimated living cost  is ₽43564 per week

₽28266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69741
₽68730
₽63753
₽50257
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 000
income
-
-
-
20 886
surtax
-
-
-
-
social contributions

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

-
-
-
61 855
total
-
-
-
82 741
Employee
46 196
-
143 839
-
social contributions
5 082
-
15 823
-
surtax
-
-
-
-
income
9 609
-
46 253
-
total
14 691
-
62 076
-
Employer
46 196
-
143 839
-
social contributions
10 972
-
34 161
-
total
10 972
-
34 161
-
Corporate
120 832
178 000
-
-
surtax
-
-
-
-
income
25 374
37 381
-
-
total
25 374
37 381
-
-
Dividends
95 458
140 619
-
-
withholding
26 727
39 372
-
-
total
26 727
39 372
-
-
Income
178 000
178 000
178 000
178 000
Total tax
77 764
76 753
96 237
82 741
After tax
100 236
101 247
81 763
95 259
Living cost
31 506
31 506
31 506
31 506
Free-cash
68 730
69 741
50 257
63 753

Estimated living cost  is ₽31506 per week

₽23573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41198
₽48102
₽51775
₽49168
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
income
-
-
-
27 922
pensions
-
-
-
31 638
other
-
-
-
5 518
health
-
-
-
7 562
surtax
-
-
-
-
social contributions
-
-
-
5 072
total
-
-
-
77 712
Employee
62 910
-
137 871
-
social contributions
1 792
-
3 928
-
surtax
-
-
-
-
income
5 489
-
26 719
-
pensions
7 115
-
9 542
-
total
14 396
-
40 189
-
Employer
62 910
-
137 871
-
other
2 171
-
5 359
-
social contributions
189
-
414
-
unemployment
2 548
-
5 583
-
pensions
10 337
-
16 071
-
health
4 403
-
12 703
-
total
19 648
-
40 130
-
Corporate
95 442
178 000
-
-
surtax
-
-
-
-
income
26 724
49 841
-
-
total
26 724
49 841
-
-
Dividends
68 719
128 159
-
-
surtax
-
-
-
-
social contributions
11 820
22 044
-
-
withholding
8 797
16 404
-
-
total
20 617
38 448
-
-
Income
178 000
178 000
178 000
178 000
Total tax
81 385
88 289
80 319
77 712
After tax
96 615
89 711
97 681
100 288
Living cost
48 513
48 513
48 513
48 513
Free-cash
48 102
41 198
49 168
51 775

Estimated living cost  is ₽48513 per week

₽32833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130008
₽126632
₽100863
₽105591
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
income
-
-
-
7 785
social contributions
-
-
-
39 159
total
-
-
-
46 944
Employee
32 292
-
154 113
-
income
-
-
8 311
-
social contributions
2 099
-
10 018
-
total
2 099
-
18 329
-
Employer
32 292
-
154 113
-
social contributions
5 005
-
23 887
-
total
5 005
-
23 887
-
Corporate
140 703
178 000
-
-
income
14 071
17 799
-
-
total
14 071
17 799
-
-
Dividends
126 632
160 201
-
-
total
-
-
-
-
Income
178 000
178 000
178 000
178 000
Total tax
21 175
17 799
42 216
46 944
After tax
156 825
160 201
135 784
131 056
Living cost
30 193
30 193
30 193
30 193
Free-cash
126 632
130 008
105 591
100 863

Estimated living cost  is ₽30193 per week

₽19522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40845
-₽40845
₽56545
-₽40845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
municipal
-
-
-
37 110
pensions
-
-
-
871
national
-
-
-
20 930
labour market
-
-
-
14 170
total
-
-
-
73 081
Employee
204 176
204 176
204 176
-
labour market
16 311
16 311
16 311
-
national
24 944
24 944
24 944
-
municipal
43 478
43 478
43 478
-
pensions
290
290
290
-
total
85 023
85 023
85 023
-
Employer
204 176
204 176
204 176
-
labour market
16 334
16 334
16 334
-
municipal
43 547
43 547
43 547
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 448
85 448
85 448
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
178 000
178 000
178 000
178 000
Total tax
170 471
170 471
170 471
73 081
After tax
7 529
7 529
7 529
104 919
Living cost
48 374
48 374
48 374
48 374
Free-cash
-40 845
-40 845
-40 845
56 545

Estimated living cost  is ₽48374 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7301
₽11087
₽99958
₽75019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
49 345
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
56 323
Employee
34 165
-
160 354
-
health
3 912
-
18 361
-
income
4 687
-
37 610
-
pensions
3 847
-
7 645
-
total
12 446
-
63 616
-
Employer
34 165
-
160 354
-
accident
570
-
2 678
-
unemployment
837
-
3 929
-
pensions
5 555
-
11 039
-
total
6 962
-
17 646
-
Corporate
136 872
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.

123 185
160 200
-
-
total
123 185
160 200
-
-
Dividends
13 687
17 800
-
-
withholding
2 601
3 382
-
-
total
2 601
3 382
-
-
Income
178 000
178 000
178 000
178 000
Total tax
145 194
163 582
81 262
56 323
After tax
32 806
14 418
96 738
121 677
Living cost
21 719
21 719
21 719
21 719
Free-cash
11 087
-7 301
75 019
99 958

Estimated living cost  is ₽21719 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72909
₽75461
₽76089
₽54745
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 000
municipal
-
-
-
31 622
health
-
-
-
2 322
national
-
-
-
29 404
total
-
-
-
63 348
Employee
52 845
-
149 742
-
health
395
-
1 887
-
municipal
8 656
-
24 391
-
pensions
3 566
-
10 108
-
unemployment
793
-
2 245
-
national
873
-
17 803
-
total
14 283
-
56 434
-
Employer
52 845
-
149 742
-
accident
53
-
151
-
unemployment
343
-
974
-
pensions
9 168
-
25 980
-
health
406
-
1 153
-
total
9 970
-
28 258
-
Corporate
115 184
178 000
-
-
income
23 037
35 600
-
-
total
23 037
35 600
-
-
Dividends

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

69 110
106 800
-
-
national
4 247
11 705
-
-
municipal
12 439
19 223
-
-
total
16 686
30 928
-
-
Income
178 000
178 000
178 000
178 000
Total tax
63 976
66 528
84 692
63 348
After tax
114 024
111 472
93 308
114 652
Living cost
38 563
38 563
38 563
38 563
Free-cash
75 461
72 909
54 745
76 089

Estimated living cost  is ₽38563 per week

₽25189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106593
₽101125
₽98356
₽96792
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
income
-
-
-
35 600
health
-
-
-
4 538
social contributions
-
-
-
16 251
total
-
-
-
56 389
Employee
77 236
77 236
166 277
-
social contributions
2 920
6 410
8 646
-
health
599
1 313
2 827
-
income
8 410
7 150
34 758
-
total
11 929
14 873
46 231
-
Employer
77 236
77 236
166 277
-
social contributions
2 920
6 410
8 646
-
health
650
1 430
3 076
-
total
3 570
7 840
11 722
-
Corporate
139 246
92 924
-
-
income
17 407
11 616
-
-
total
17 407
11 616
-
-
Dividends
121 839
81 308
-
-
withholding
20 714
13 823
-
-
total
20 714
13 823
-
-
Income
178 000
178 000
178 000
178 000
Total tax
53 620
48 152
57 953
56 389
After tax
124 380
129 848
120 047
121 611
Living cost
23 255
23 255
23 255
23 255
Free-cash
101 125
106 593
96 792
98 356

Estimated living cost  is ₽23255 per week

₽13937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131454
₽126345
₽133880
₽113734
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 120
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
28 173
Employee

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

23 055
-
168 184
-
health
1 959
-
8 101
-
income
1 576
-
15 628
-
pensions
3 458
-
14 296
-
unemployment
114
-
477
-
total
7 107
-
38 502
-
Employer

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

23 055
-
168 184
-
unemployment
114
-
477
-
pensions
1 268
-
5 242
-
health
991
-
4 098
-
total
2 373
-
9 817
-
Corporate
152 572
178 000
-
-
income
13 732
16 021
-
-
total
13 732
16 021
-
-
Dividends
138 840
161 979
-
-
withholding
12 496
14 578
-
-
total
12 496
14 578
-
-
Income
178 000
178 000
178 000
178 000
Total tax
35 708
30 599
48 319
28 173
After tax
142 292
147 401
129 681
149 827
Living cost
15 947
15 947
15 947
15 947
Free-cash
126 345
131 454
113 734
133 880

Estimated living cost  is ₽15947 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
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.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91013
₽86579
₽72260
₽68046
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
839
income
-
-
-
50 189
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
78 119
Employee
37 140
-
148 320
-
other
36
-
93
-
income
7 160
-
46 741
-
pensions
1 746
-
4 376
-
unemployment
576
-
1 443
-
total
9 518
-
52 653
-
Employer
37 140
-
148 320
-
accident
736
-
1 843
-
other
297
-
745
-
unemployment
2 043
-
5 120
-
pensions
8 764
-
21 972
-
total
11 840
-
29 680
-
Corporate
129 019
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.

19 353
26 701
-
-
total
19 353
26 701
-
-
Dividends
109 667
151 299
-
-
withholding
23 089
32 665
-
-
total
23 089
32 665
-
-
Income
178 000
178 000
178 000
178 000
Total tax
63 800
59 366
82 333
78 119
After tax
114 200
118 634
95 667
99 881
Living cost
27 621
27 621
27 621
27 621
Free-cash
86 579
91 013
68 046
72 260

Estimated living cost  is ₽27621 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108322
₽107871
₽111335
₽111139
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
income
-
-
-
60 454
pensions
-
-
-
2 006
health
-
-
-
1 455
total
-
-
-
63 915
Employee
4 189
-
175 743
-
health
209
-
502
-
income
810
-
60 349
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 438
-
61 854
-
Employer
4 189
-
175 743
-
unemployment
84
-
201
-
pensions
461
-
1 103
-
health
398
-
953
-
total
943
-
2 257
-
Corporate
172 868
178 000
-
-
income
38 031
39 160
-
-
total
38 031
39 160
-
-
Dividends
134 837
138 840
-
-
withholding
26 967
27 768
-
-
total
26 967
27 768
-
-
Income
178 000
178 000
178 000
178 000
Total tax
67 379
66 928
64 111
63 915
After tax
110 621
111 072
113 889
114 085
Living cost
2 750
2 750
2 750
2 750
Free-cash
107 871
108 322
111 139
111 335

Estimated living cost  is ₽2750 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111235
₽106294
₽92269
₽92266
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 304
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 645
total
-
-
-
68 361
Employee

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

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

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

26 193
-
164 713
-
health
1 349
-
3 823
-
income
3 610
-
40 305
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
55 077
-
Employer

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

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

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

26 193
-
164 713
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
147 119
178 000
-
-
income
22 068
26 700
-
-
total
22 068
26 700
-
-
Dividends
125 051
151 300
-
-
withholding
18 758
22 695
-
-
total
18 758
22 695
-
-
Income
178 000
178 000
178 000
178 000
Total tax
54 336
49 395
68 364
68 361
After tax
123 664
128 605
109 636
109 639
Living cost
17 370
17 370
17 370
17 370
Free-cash
106 294
111 235
92 266
92 269

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74168
₽73805
₽68180
₽54684
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 000
income
-
-
-
20 886
surtax
-
-
-
-
social contributions

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

-
-
-
61 855
total
-
-
-
82 741
Employee
38 984
-
143 839
-
social contributions
4 289
-
15 823
-
surtax
-
-
-
-
income
7 617
-
46 253
-
total
11 906
-
62 076
-
Employer
38 984
-
143 839
-
social contributions
9 258
-
34 161
-
total
9 258
-
34 161
-
Corporate
129 758
178 000
-
-
surtax
-
-
-
-
income
27 250
37 381
-
-
total
27 250
37 381
-
-
Dividends
102 508
140 619
-
-
withholding
28 702
39 372
-
-
total
28 702
39 372
-
-
Income
178 000
178 000
178 000
178 000
Total tax
77 116
76 753
96 237
82 741
After tax
100 884
101 247
81 763
95 259
Living cost
27 079
27 079
27 079
27 079
Free-cash
73 805
74 168
54 684
68 180

Estimated living cost  is ₽27079 per week

₽19179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽83334
₽76762
₽64581
₽60367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
839
income
-
-
-
50 189
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
78 119
Employee
48 510
-
148 320
-
other
48
-
93
-
income
10 132
-
46 741
-
pensions
2 280
-
4 376
-
unemployment
751
-
1 443
-
total
13 211
-
52 653
-
Employer
48 510
-
148 320
-
accident
961
-
1 843
-
other
389
-
745
-
unemployment
2 669
-
5 120
-
pensions
11 448
-
21 972
-
total
15 467
-
29 680
-
Corporate
114 024
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.

17 103
26 701
-
-
total
17 103
26 701
-
-
Dividends
96 921
151 299
-
-
withholding
20 157
32 665
-
-
total
20 157
32 665
-
-
Income
178 000
178 000
178 000
178 000
Total tax
65 938
59 366
82 333
78 119
After tax
112 062
118 634
95 667
99 881
Living cost
35 300
35 300
35 300
35 300
Free-cash
76 762
83 334
60 367
64 581

Estimated living cost  is ₽35300 per week

₽25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Madrid model

Close
Sofia , Bulgaria
₽134914
₽128796
₽124658
₽131650
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
36 066
Employee
22 876
-
171 117
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
17 111
-
pensions

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

2 008
-
3 080
-
total
5 599
-
22 191
-
Employer
22 876
-
171 117
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
150 635
178 000
-
-
income
15 063
17 800
-
-
total
15 063
17 800
-
-
Dividends
135 572
160 200
-
-
withholding
6 778
8 010
-
-
total
6 778
8 010
-
-
Income
178 000
178 000
178 000
178 000
Total tax
31 928
25 810
29 074
36 066
After tax
146 072
152 190
148 926
141 934
Living cost
17 276
17 276
17 276
17 276
Free-cash
128 796
134 914
131 650
124 658

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52824
₽65967
₽55344
₽74186
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 000
trade
-
-
-
18 842
income

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

-
-
-
55 140
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.

-
-
-
6 862
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.

-
-
-
3 033
total
-
-
-
83 877
Employee

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

49 977
-
178 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 862
-
6 862
-
surtax

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

227
-
3 033
-
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.

4 110
-
55 140
-
total
11 199
-
65 035
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
128 023
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.

1 056
1 468
-
-
income
19 204
26 701
-
-
trade
18 371
25 544
-
-
chamber of commerce
339
414
-
-
total
38 970
54 127
-
-
Dividends
89 053
123 874
-
-
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.

1 203
1 683
-
-
withholding
21 882
30 587
-
-
total
23 085
32 270
-
-
Income
178 000
178 000
178 000
178 000
Total tax
73 254
86 397
65 035
83 877
After tax
104 746
91 603
112 965
94 123
Living cost
38 779
38 779
38 779
38 779
Free-cash
65 967
52 824
74 186
55 344

Estimated living cost  is ₽38779 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
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.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67383
₽69599
₽36463
₽36463
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
income
-
-
-
54 598
social contributions
-
-
-
29 722
total
-
-
-
84 320
Employee
78 569
-
178 000
-
income
14 826
-
54 598
-
social contributions
6 527
-
29 722
-
total
21 353
-
84 320
-
Employer
78 569
-
178 000
-
total
-
-
-
-
Corporate
99 431
178 000
-
-
income
12 430
22 250
-
-
total
12 430
22 250
-
-
Dividends
87 001
155 750
-
-
withholding
17 401
31 150
-
-
total
17 401
31 150
-
-
Income
178 000
178 000
178 000
178 000
Total tax
51 184
53 400
84 320
84 320
After tax
126 816
124 600
93 680
93 680
Living cost
57 217
57 217
57 217
57 217
Free-cash
69 599
67 383
36 463
36 463

Estimated living cost  is ₽57217 per week

₽43530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
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.
₽8478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73933
₽77441
₽106217
₽90035
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
178 000
income
-
-
-
28 592
health

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

-
-
-
6 730
total
-
-
-
35 322
Employee
46 078
-
173 380
-
income
5 000
-
42 264
-
social contributions
4 617
-
4 620
-
total
9 617
-
46 884
-
Employer
46 078
-
173 380
-
social contributions
4 617
-
4 620
-
total
4 617
-
4 620
-
Corporate
127 306
178 000
-
-
income
44 557
62 299
-
-
total
44 557
62 299
-
-
Dividends
82 749
115 701
-
-
social contributions
5 307
5 307
-
-
total
5 307
5 307
-
-
Income
178 000
178 000
178 000
178 000
Total tax
64 098
67 606
51 504
35 322
After tax
113 902
110 394
126 496
142 678
Living cost
36 461
36 461
36 461
36 461
Free-cash
77 441
73 933
90 035
106 217

Estimated living cost  is ₽36461 per week

₽24017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽79112
₽85054
₽80674
₽64568
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 007
pensions
-
-
-
9 051
total
-
-
-
60 058
Employee
51 155
-
155 482
-
health
667
-
2 250
-
income
9 316
-
40 270
-
pensions
3 904
-
11 126
-
total
13 887
-
53 646
-
Employer
51 155
-
155 482
-
pensions
5 168
-
19 564
-
health
972
-
2 954
-
total
6 140
-
22 518
-
Corporate
120 704
178 000
-
-
income

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

22 934
33 820
-
-
total
22 934
33 820
-
-
Dividends
97 771
144 180
-
-
withholding
12 717
27 800
-
-
total
12 717
27 800
-
-
Income
178 000
178 000
178 000
178 000
Total tax
55 678
61 620
76 164
60 058
After tax
122 322
116 380
101 836
117 942
Living cost
37 268
37 268
37 268
37 268
Free-cash
85 054
79 112
64 568
80 674

Estimated living cost  is ₽37268 per week

₽25565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9451
₽10756
₽97808
₽72869
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
49 345
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
56 323
Employee
37 547
-
160 354
-
health
4 299
-
18 361
-
income
5 151
-
37 610
-
pensions
4 228
-
7 645
-
total
13 678
-
63 616
-
Employer
37 547
-
160 354
-
accident
627
-
2 678
-
unemployment
920
-
3 929
-
pensions
6 105
-
11 039
-
total
7 652
-
17 646
-
Corporate
132 802
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.

119 522
160 200
-
-
total
119 522
160 200
-
-
Dividends
13 280
17 800
-
-
withholding
2 523
3 382
-
-
total
2 523
3 382
-
-
Income
178 000
178 000
178 000
178 000
Total tax
143 375
163 582
81 262
56 323
After tax
34 625
14 418
96 738
121 677
Living cost
23 869
23 869
23 869
23 869
Free-cash
10 756
-9 451
72 869
97 808

Estimated living cost  is ₽23869 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136221
₽131521
₽90900
₽112984
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
803
health insurance
-
-
-
11 886
income
-
-
-
29 364
pensions
-
-
-
29 554
unemployment
-
-
-
1 927
total
-
-
-
73 534
Employee

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

21 706
-
178 000
-
work injury
109
-
402
-
income
2 171
-
29 364
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
51 450
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
156 294
178 000
-
-
income

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

1 563
1 780
-
-
total
1 563
1 780
-
-
Dividends
154 731
176 220
-
-
withholding
23 210
26 433
-
-
total
23 210
26 433
-
-
Income
178 000
178 000
178 000
178 000
Total tax
32 913
28 213
51 450
73 534
After tax
145 087
149 787
126 550
104 466
Living cost
13 566
13 566
13 566
13 566
Free-cash
131 521
136 221
112 984
90 900

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53744
₽49177
₽42888
₽35072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 000
municipal
-
-
-
1 189
regional
-
-
-
4 078
national
-
-
-
44 050
social contributions
-
-
-
45 781
total
-
-
-
95 098
Employee
84 640
-
178 000
-
social contributions
28 540
-
60 021
-
regional
1 278
-
3 619
-
municipal
505
-
1 062
-
national
14 303
-
38 212
-
total
44 626
-
102 914
-
Employer
84 640
-
178 000
-
total
-
-
-
-
Corporate
93 360
178 000
-
-
nationa
22 406
42 720
-
-
municipal
4 500
8 579
-
-
total
26 906
51 299
-
-
Dividends
66 453
126 701
-
-
withholding
17 277
32 943
-
-
total
17 277
32 943
-
-
Income
178 000
178 000
178 000
178 000
Total tax
88 809
84 242
102 914
95 098
After tax
89 191
93 758
75 086
82 902
Living cost
40 014
40 014
40 014
40 014
Free-cash
49 177
53 744
35 072
42 888

Estimated living cost  is ₽40014 per week

₽28107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
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.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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