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
₽ 178500
per

Your estimated
City
free-cash

Dresden , Germany
₽60885
₽83526
₽62454
₽71519
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
178 500
income

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

-
-
-
56 184
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.

-
-
-
3 090
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.

-
-
-
6 570
trade
-
-
-
21 072
total
-
-
-
86 916
Employee

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

36 784
-
178 500
-
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.

57
-
3 090
-
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.

1 028
-
56 184
-
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.

6 570
-
6 570
-
total
7 655
-
65 844
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 716
178 500
-
-
income
21 258
26 775
-
-
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.

1 170
1 473
-
-
chamber of commerce
350
403
-
-
trade
22 320
28 113
-
-
total
45 098
56 764
-
-
Dividends
96 617
121 736
-
-
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.

1 309
1 653
-
-
withholding
23 789
30 068
-
-
total
25 098
31 721
-
-
Income
178 500
178 500
178 500
178 500
Total tax
77 851
88 485
65 844
86 916
After tax
100 649
90 015
112 656
91 584
Living cost
29 130
29 130
29 130
29 130
Free-cash
71 519
60 885
83 526
62 454

Estimated living cost  is ₽29130 per week

₽18323
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59977
₽54833
₽53874
₽59121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
social contributions
-
-
-
1 919
municipal
-
-
-
19 554
national
-
-
-
30 326
pensions
-
-
-
21 420
total
-
-
-
73 219
Employee
79 690
-
154 312
-
municipal
9 843
-
20 245
-
pensions
3 188
-
6 172
-
national
15 253
-
31 839
-
total
28 284
-
58 256
-
Employer
79 690
-
154 312
-
pensions
6 375
-
12 345
-
social contributions
857
-
1 659
-
total
7 232
-
14 004
-
Corporate
86 319
178 500
-
-
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%.

17 264
35 700
-
-
total
17 264
35 700
-
-
Dividends
69 055
142 800
-
-
withholding
15 192
31 416
-
-
total
15 192
31 416
-
-
Income
178 500
178 500
178 500
178 500
Total tax
67 972
67 116
72 260
73 219
After tax
110 528
111 384
106 240
105 281
Living cost
51 407
51 407
51 407
51 407
Free-cash
59 121
59 977
54 833
53 874

Estimated living cost  is ₽51407 per week

₽34941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽769
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122792
₽55607
₽42371
₽114903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
178 500
income
-
-
-
33 756
surtax
-
-
-
45 517
social contributions

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

-
-
-
36 848
microenterprise
-
-
-
-
total
-
-
-
116 121
Employee
28 102
-
135 936
-
surtax
-
-
19 711
-
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.

3 092
-
12 607
-
income
5 002
-
28 003
-
total
8 094
-
60 321
-
Employer
28 102
-
135 936
-
social contributions

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

6 769
-
27 611
-
surtax
-
-
14 953
-
total
6 769
-
42 564
-
Corporate
143 629
178 500
-
-
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%.

28 726
35 700
-
-
total
28 726
35 700
-
-
Dividends

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

114 903
142 800
-
-
total
-
-
-
-
Income
178 500
178 500
178 500
178 500
Total tax
43 589
35 700
102 885
116 121
After tax
134 911
142 800
75 615
62 379
Living cost
20 008
20 008
20 008
20 008
Free-cash
114 903
122 792
55 607
42 371

Estimated living cost  is ₽20008 per week

₽12764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4884
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48222
₽72220
₽57626
₽42329
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
57 459
health
-
-
-
11 859
pensions
-
-
-
11 268
total
-
-
-
80 586
Employee
82 127
82 127
160 627
-
pensions
14 783
11 268
11 268
-
income

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

13 443
13 443
24 992
-
health
12 606
10 722
11 859
-
total
40 832
35 433
48 119
-
Employer
82 127
82 127
160 627
-
health
5 709
5 709
7 094
-
pensions
5 716
5 716
7 105
-
unemployment
2 957
2 957
3 674
-
total
14 382
14 382
17 873
-
Corporate
82 999
81 991
-
-
income
16 601
16 398
-
-
total
16 601
16 398
-
-
Dividends
66 398
65 593
-
-
income
14 109
13 938
-
-
withholding
9 959
9 839
-
-
total
24 068
23 777
-
-
Income
178 500
178 500
178 500
178 500
Total tax
95 883
89 990
65 992
80 586
After tax
82 617
88 510
112 508
97 914
Living cost
40 288
40 288
40 288
40 288
Free-cash
42 329
48 222
72 220
57 626

Estimated living cost  is ₽40288 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58039
₽51003
₽51961
₽57154
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
accident
-
-
-
173
other
-
-
-
10 040
unemployment
-
-
-
86
health
-
-
-
5 391
municipal
-
-
-
45 765
national
-
-
-
16 322
pensions
-
-
-
9 340
total
-
-
-
87 117
Employee
56 173
-
151 353
-
municipal
16 751
-
45 134
-
national
-
-
15 793
-
total
16 751
-
60 927
-
Employer
56 173
-
151 353
-
health
3 455
-
5 314
-
pensions
6 072
-
9 340
-
accident
112
-
173
-
unemployment
1 483
-
2 281
-
other
6 527
-
10 040
-
total
17 649
-
27 148
-
Corporate
104 678
178 500
-
-
income
23 029
39 270
-
-
total
23 029
39 270
-
-
Dividends
81 649
139 230
-
-
withholding
24 495
41 769
-
-
total
24 495
41 769
-
-
Income
178 500
178 500
178 500
178 500
Total tax
81 924
81 039
88 075
87 117
After tax
96 576
97 461
90 425
91 383
Living cost
39 422
39 422
39 422
39 422
Free-cash
57 154
58 039
51 003
51 961

Estimated living cost  is ₽39422 per week

₽26127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51315
₽74876
₽52868
₽64832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
178 500
income

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

-
-
-
56 184
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.

-
-
-
3 090
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.

-
-
-
6 570
trade
-
-
-
22 008
total
-
-
-
87 852
Employee

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

48 771
-
178 500
-
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.

230
-
3 090
-
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.

4 190
-
56 184
-
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.

6 570
-
6 570
-
total
10 990
-
65 844
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
129 729
178 500
-
-
income
19 459
26 775
-
-
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.

1 069
1 473
-
-
chamber of commerce
330
400
-
-
trade
21 340
29 363
-
-
total
42 198
58 011
-
-
Dividends
87 530
120 489
-
-
surtax

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

1 183
1 637
-
-
withholding
21 517
29 757
-
-
total
22 700
31 394
-
-
Income
178 500
178 500
178 500
178 500
Total tax
75 888
89 405
65 844
87 852
After tax
102 612
89 095
112 656
90 648
Living cost
37 780
37 780
37 780
37 780
Free-cash
64 832
51 315
74 876
52 868

Estimated living cost  is ₽37780 per week

₽25268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98994
₽88811
₽90356
₽95006
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
36 839
social contributions
-
-
-
15 560
health
-
-
-
4 552
total
-
-
-
56 951
Employee
73 952
73 952
167 130
-
social contributions
3 594
6 138
8 278
-
income
7 766
6 846
36 006
-
health
735
1 257
2 842
-
total
12 095
14 241
47 126
-
Employer
73 952
73 952
167 130
-
health
801
1 369
3 092
-
social contributions
3 594
6 138
8 278
-
total
4 395
7 507
11 370
-
Corporate
130 817
97 042
-
-
income
16 352
12 131
-
-
total
16 352
12 131
-
-
Dividends
114 465
84 911
-
-
withholding
19 459
14 434
-
-
total
19 459
14 434
-
-
Income
178 500
178 500
178 500
178 500
Total tax
52 301
48 313
58 496
56 951
After tax
126 199
130 187
120 004
121 549
Living cost
31 193
31 193
31 193
31 193
Free-cash
95 006
98 994
88 811
90 356

Estimated living cost  is ₽31193 per week

₽21324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2436
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.
₽6910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82585
₽85805
₽105984
₽82952
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
21 822
unemployment
-
-
-
2 677
health
-
-
-
12 495
pensions
-
-
-
17 850
total
-
-
-
54 844
Employee

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

The minimum wage is 138,000 HUF per month.

25 510
10 153
149 372
-
unemployment
383
152
2 241
-
pensions
2 551
1 015
14 937
-
income
3 119
1 241
18 261
-
health
1 786
711
10 456
-
total
7 839
3 119
45 895
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 510
10 153
149 372
-
pensions
4 975
1 980
29 128
-
total
4 975
1 980
29 128
-
Corporate
148 015
166 367
-
-
income
13 321
14 973
-
-
total
13 321
14 973
-
-
Dividends
134 694
151 394
-
-
social contributions
26 149
29 406
-
-
withholding
25 592
28 765
-
-
total
51 741
58 171
-
-
Income
178 500
178 500
178 500
178 500
Total tax
77 876
78 243
75 023
54 844
After tax
100 624
100 257
103 477
123 656
Living cost
17 672
17 672
17 672
17 672
Free-cash
82 952
82 585
85 805
105 984

Estimated living cost  is ₽17672 per week

₽12060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119571
₽79655
₽72447
₽113595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
23 919
health
-
-
-
23 205
pensions
-
-
-
35 700
total
-
-
-
82 824
Employee
27 283
-
133 407
-
unemployment
436
-
2 135
-
pensions
546
-
2 668
-
income
3 072
-
25 720
-
total
4 054
-
30 523
-
Employer
27 283
-
133 407
-
health
3 546
-
17 343
-
pensions
5 457
-
26 682
-
unemployment
219
-
1 068
-
total
9 222
-
45 093
-
Corporate
141 995
178 500
-
-
income
28 400
35 700
-
-
total
28 400
35 700
-
-
Dividends
113 596
142 800
-
-
total
-
-
-
-
Income
178 500
178 500
178 500
178 500
Total tax
41 676
35 700
75 616
82 824
After tax
136 824
142 800
102 884
95 676
Living cost
23 229
23 229
23 229
23 229
Free-cash
113 595
119 571
79 655
72 447

Estimated living cost  is ₽23229 per week

₽15933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5446
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6994
₽75742
₽100547
₽11168
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
accident
-
-
-
246
income
-
-
-
49 709
other
-
-
-
361
health
-
-
-
2 127
pensions
-
-
-
4 057
total
-
-
-
56 500
Employee
33 747
-
161 118
-
pensions
3 800
-
7 440
-
income
4 630
-
38 037
-
health
3 864
-
18 448
-
total
12 294
-
63 925
-
Employer
33 747
-
161 118
-
pensions
5 487
-
10 743
-
accident
563
-
2 690
-
unemployment
827
-
3 947
-
total
6 877
-
17 380
-
Corporate
137 875
178 500
-
-
income

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

124 088
160 650
-
-
total
124 088
160 650
-
-
Dividends
13 787
17 850
-
-
withholding
2 620
3 391
-
-
total
2 620
3 391
-
-
Income
178 500
178 500
178 500
178 500
Total tax
145 879
164 041
81 305
56 500
After tax
32 621
14 459
97 195
122 000
Living cost
21 453
21 453
21 453
21 453
Free-cash
11 168
-6 994
75 742
100 547

Estimated living cost  is ₽21453 per week

₽15723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1189
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
₽161682
₽134907
₽168822
₽160202
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
178 500
microenterprise

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

-
-
-
1 785
total
-
-
-
1 785
Employee
9 866
-
178 500
-
income
1 973
-
35 700
-
total
1 973
-
35 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

168 634
178 500
-
-
total
-
-
-
-
Dividends
168 634
178 500
-
-
withholding
8 432
8 925
-
-
total
8 432
8 925
-
-
Income
178 500
178 500
178 500
178 500
Total tax
10 405
8 925
35 700
1 785
After tax
168 095
169 575
142 800
176 715
Living cost
7 893
7 893
7 893
7 893
Free-cash
160 202
161 682
134 907
168 822

Estimated living cost  is ₽7893 per week

₽4892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽656
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽217
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105517
₽75318
₽75958
₽99021
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
28 436
other
-
-
-
6 946
health
-
-
-
6 435
pensions

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

-
-
-
35 099
total
-
-
-
76 916
Employee
34 919
-
142 570
-
unemployment
349
-
1 425
-
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.

2 444
-
9 981
-
income
6 012
-
28 223
-
health
489
-
1 997
-
total
9 294
-
41 626
-
Employer
34 919
-
142 570
-
health
489
-
1 997
-
pensions

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

5 937
-
24 238
-
accident
279
-
1 141
-
unemployment
349
-
1 425
-
other
1 747
-
7 129
-
total
8 801
-
35 930
-
Corporate
134 781
178 500
-
-
income
28 305
37 485
-
-
total
28 305
37 485
-
-
Dividends
106 476
141 015
-
-
withholding
7 453
9 872
-
-
total
7 453
9 872
-
-
Income
178 500
178 500
178 500
178 500
Total tax
53 853
47 357
77 556
76 916
After tax
124 647
131 143
100 944
101 584
Living cost
25 626
25 626
25 626
25 626
Free-cash
99 021
105 517
75 318
75 958

Estimated living cost  is ₽25626 per week

₽18106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1730
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.
₽5377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51883
₽37648
₽53746
₽56781
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
52 113
pensions
-
-
-
8 795
total
-
-
-
60 908
Employee
90 332
-
155 834
-
pensions
8 715
-
10 744
-
income
16 283
-
41 380
-
health
1 489
-
2 218
-
total
26 487
-
54 342
-
Employer
90 332
-
155 834
-
health
1 716
-
2 960
-
pensions
10 666
-
19 704
-
total
12 382
-
22 664
-
Corporate
75 787
178 500
-
-
income

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

14 400
33 914
-
-
total
14 400
33 914
-
-
Dividends
61 387
144 586
-
-
withholding
4 604
28 857
-
-
total
4 604
28 857
-
-
Income
178 500
178 500
178 500
178 500
Total tax
57 873
62 771
77 006
60 908
After tax
120 627
115 729
101 494
117 592
Living cost
63 846
63 846
63 846
63 846
Free-cash
56 781
51 883
37 648
53 746

Estimated living cost  is ₽63846 per week

₽47841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽140013
₽137256
₽130155
₽135546
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
26 775
unemployment
-
-
-
134
health
-
-
-
3 862
pensions

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

-
-
-
4 970
total
-
-
-
35 741
Employee
16 689
-
171 912
-
accident

We are using the highest rate at 1.1%.

184
-
369
-
pensions

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

1 465
-
2 948
-
income
1 669
-
17 191
-
health
768
-
1 545
-
total
4 086
-
22 053
-
Employer
16 689
-
171 912
-
health
1 152
-
2 317
-
pensions

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

1 839
-
3 700
-
accident

We are using the highest rate at 1.1%.

184
-
369
-
unemployment
100
-
201
-
total
3 275
-
6 587
-
Corporate
158 536
178 500
-
-
income
15 854
17 850
-
-
total
15 854
17 850
-
-
Dividends
142 682
160 650
-
-
withholding
7 135
8 033
-
-
total
7 135
8 033
-
-
Income
178 500
178 500
178 500
178 500
Total tax
30 350
25 883
28 640
35 741
After tax
148 150
152 617
149 860
142 759
Living cost
12 604
12 604
12 604
12 604
Free-cash
135 546
140 013
137 256
130 155

Estimated living cost  is ₽12604 per week

₽7358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4012
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35181
₽59179
₽44585
₽37599
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
57 459
health
-
-
-
11 859
pensions
-
-
-
11 268
total
-
-
-
80 586
Employee
89 164
82 127
160 627
-
pensions
11 268
11 268
11 268
-
income

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

13 443
13 443
24 992
-
health
11 124
10 722
11 859
-
total
35 835
35 433
48 119
-
Employer
89 164
82 127
160 627
-
health
6 196
5 709
7 094
-
pensions
6 205
5 716
7 105
-
unemployment
3 210
2 957
3 674
-
total
15 611
14 382
17 873
-
Corporate
73 725
81 991
-
-
income
14 745
16 398
-
-
total
14 745
16 398
-
-
Dividends
58 980
65 593
-
-
income
12 533
13 938
-
-
withholding
8 848
9 839
-
-
total
21 381
23 777
-
-
Income
178 500
178 500
178 500
178 500
Total tax
87 572
89 990
65 992
80 586
After tax
90 928
88 510
112 508
97 914
Living cost
53 329
53 329
53 329
53 329
Free-cash
37 599
35 181
59 179
44 585

Estimated living cost  is ₽53329 per week

₽39339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98982
₽70105
₽77926
₽90451
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
17 998
social contributions
-
-
-
34 413
solidarity contribution
-
-
-
150
health
-
-
-
24 098
total
-
-
-
76 659
Employee
35 169
-
136 731
-
solidarity contribution
-
-
-
-
social contributions
2 286
-
7 660
-
income
4 220
-
16 592
-
health
4 748
-
18 459
-
total
11 254
-
42 711
-
Employer
35 169
-
136 731
-
health
3 165
-
12 306
-
social contributions
8 792
-
29 463
-
total
11 957
-
41 769
-
Corporate
131 373
178 500
-
-
income
24 961
33 915
-
-
total
24 961
33 915
-
-
Dividends
106 412
144 585
-
-
withholding
15 962
21 688
-
-
total
15 962
21 688
-
-
Income
178 500
178 500
178 500
178 500
Total tax
64 134
55 603
84 480
76 659
After tax
114 366
122 897
94 020
101 841
Living cost
23 915
23 915
23 915
23 915
Free-cash
90 451
98 982
70 105
77 926

Estimated living cost  is ₽23915 per week

₽16612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54657
₽36133
₽44199
₽49635
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
social contributions
-
-
-
45 911
regional
-
-
-
2 116
municipal
-
-
-
1 060
national
-
-
-
44 633
total
-
-
-
93 720
Employee
85 472
-
178 500
-
municipal
453
-
947
-
national
14 810
-
38 780
-
regional
806
-
1 869
-
social contributions
28 821
-
60 190
-
total
44 890
-
101 786
-
Employer
85 472
-
178 500
-
total
-
-
-
-
Corporate
93 028
178 500
-
-
municipal
3 628
6 961
-
-
nationa
22 328
42 839
-
-
total
25 956
49 800
-
-
Dividends
67 072
128 700
-
-
withholding
17 438
33 462
-
-
total
17 438
33 462
-
-
Income
178 500
178 500
178 500
178 500
Total tax
88 284
83 262
101 786
93 720
After tax
90 216
95 238
76 714
84 780
Living cost
40 581
40 581
40 581
40 581
Free-cash
49 635
54 657
36 133
44 199

Estimated living cost  is ₽40581 per week

₽28288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91056
₽57247
₽63129
₽88061
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
51 068
other
-
-
-
-
surtax
-
-
-
8 079
unemployment
-
-
-
219
health
-
-
-
9 112
pensions
-
-
-
25 671
total
-
-
-
94 149
Employee
31 804
-
151 482
-
other
-
-
-
-
unemployment
2 214
-
8 934
-
pensions
2 121
-
8 561
-
surtax
104
-
6 930
-
income
5 331
-
45 316
-
health
812
-
3 272
-
total
10 582
-
73 013
-
Employer
31 804
-
151 482
-
health
1 447
-
5 840
-
pensions
4 240
-
17 110
-
unemployment
1 007
-
4 068
-
other
-
-
-
-
total
6 694
-
27 018
-
Corporate
140 002
178 500
-
-
income
36 401
46 409
-
-
total
36 401
46 409
-
-
Dividends
103 602
132 091
-
-
withholding
15 540
19 813
-
-
total
15 540
19 813
-
-
Income
178 500
178 500
178 500
178 500
Total tax
69 217
66 222
100 031
94 149
After tax
109 283
112 278
78 469
84 351
Living cost
21 222
21 222
21 222
21 222
Free-cash
88 061
91 056
57 247
63 129

Estimated living cost  is ₽21222 per week

₽12976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1958
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72111
₽57876
₽73974
₽78418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
52 113
pensions
-
-
-
8 795
total
-
-
-
60 908
Employee
60 538
-
155 834
-
pensions
5 138
-
10 744
-
income
10 903
-
41 380
-
health
879
-
2 218
-
total
16 920
-
54 342
-
Employer
60 538
-
155 834
-
health
1 150
-
2 960
-
pensions
6 553
-
19 704
-
total
7 703
-
22 664
-
Corporate
110 259
178 500
-
-
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.

20 949
33 914
-
-
total
20 949
33 914
-
-
Dividends
89 310
144 586
-
-
withholding
10 892
28 857
-
-
total
10 892
28 857
-
-
Income
178 500
178 500
178 500
178 500
Total tax
56 464
62 771
77 006
60 908
After tax
122 036
115 729
101 494
117 592
Living cost
43 618
43 618
43 618
43 618
Free-cash
78 418
72 111
57 876
73 974

Estimated living cost  is ₽43618 per week

₽32678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4843
₽59362
₽67460
₽37694
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
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.

-
-
-
3 569
regional
-
-
-
8 898
health
-
-
-
402
city
-
-
-
1 881
national
-
-
-
3 088
pensions
-
-
-
16 421
total
-
-
-
34 259
Employee
89 854
-
159 768
-
unemployment
-
-
-
-
pensions
7 549
-
13 422
-
national
425
-
2 236
-
regional
2 942
-
7 648
-
city
964
-
1 716
-
health
203
-
359
-
total
12 083
-
25 381
-
Employer
89 854
-
159 768
-
health
203
-
359
-
pensions
7 549
-
13 422
-
unemployment
-
-
-
-
other

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

1 797
-
3 195
-
total
9 549
-
16 976
-
Corporate
78 110
178 500
-
-
regional
16 520
37 752
-
-
national
6 640
15 173
-
-
total
23 160
52 925
-
-
Dividends
54 950
125 575
-
-
withholding
19 233
43 951
-
-
total
19 233
43 951
-
-
Income
178 500
178 500
178 500
178 500
Total tax
64 025
96 876
42 357
34 259
After tax
114 475
81 624
136 143
144 241
Living cost
76 781
76 781
76 781
76 781
Free-cash
37 694
4 843
59 362
67 460

Estimated living cost  is ₽76781 per week

₽49930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽943
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽44120
₽68599
₽45654
₽59717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
178 500
income

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

-
-
-
56 184
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.

-
-
-
3 090
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.

-
-
-
6 570
trade
-
-
-
22 945
total
-
-
-
88 789
Employee

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

57 798
-
178 500
-
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.

374
-
3 090
-
income

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

6 796
-
56 184
-
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.

6 570
-
6 570
-
total
13 740
-
65 844
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
120 702
178 500
-
-
income
18 104
26 775
-
-
surtax

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

996
1 473
-
-
chamber of commerce
316
398
-
-
trade
20 700
30 613
-
-
total
40 116
59 259
-
-
Dividends
80 586
119 241
-
-
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.

1 088
1 619
-
-
withholding
19 782
29 445
-
-
total
20 870
31 064
-
-
Income
178 500
178 500
178 500
178 500
Total tax
74 726
90 323
65 844
88 789
After tax
103 774
88 177
112 656
89 711
Living cost
44 057
44 057
44 057
44 057
Free-cash
59 717
44 120
68 599
45 654

Estimated living cost  is ₽44057 per week

₽32177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3524
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7784
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57059
₽64147
₽67541
₽62740
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
28 645
other
-
-
-
5 534
surtax
-
-
-
-
social contributions
-
-
-
5 085
health
-
-
-
7 831
pensions
-
-
-
30 960
total
-
-
-
78 055
Employee
41 160
-
137 807
-
pensions
4 654
-
9 724
-
surtax
-
-
-
-
social contributions
1 174
-
3 926
-
income
2 429
-
27 105
-
total
8 257
-
40 755
-
Employer
41 160
-
137 807
-
health
2 882
-
12 917
-
pensions
6 762
-
16 346
-
unemployment
1 666
-
5 581
-
social contributions
124
-
414
-
other
1 420
-
5 436
-
total
12 854
-
40 694
-
Corporate
124 486
178 500
-
-
income
34 857
49 981
-
-
surtax
-
-
-
-
total
34 857
49 981
-
-
Dividends
89 629
128 519
-
-
surtax
-
-
-
-
social contributions
15 416
22 105
-
-
withholding
11 472
16 451
-
-
total
26 888
38 556
-
-
Income
178 500
178 500
178 500
178 500
Total tax
82 856
88 537
81 449
78 055
After tax
95 644
89 963
97 051
100 445
Living cost
32 904
32 904
32 904
32 904
Free-cash
62 740
57 059
64 147
67 541

Estimated living cost  is ₽32904 per week

₽20747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60319
₽67407
₽70801
₽65664
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
28 645
other
-
-
-
5 534
surtax
-
-
-
-
social contributions
-
-
-
5 085
health
-
-
-
7 831
pensions
-
-
-
30 960
total
-
-
-
78 055
Employee
36 741
-
137 807
-
pensions
4 156
-
9 724
-
surtax
-
-
-
-
social contributions
1 048
-
3 926
-
income
1 894
-
27 105
-
total
7 098
-
40 755
-
Employer
36 741
-
137 807
-
health
2 571
-
12 917
-
pensions
6 037
-
16 346
-
unemployment
1 487
-
5 581
-
social contributions
110
-
414
-
other
1 268
-
5 436
-
total
11 473
-
40 694
-
Corporate
130 285
178 500
-
-
income
36 479
49 981
-
-
surtax
-
-
-
-
total
36 479
49 981
-
-
Dividends
93 806
128 519
-
-
surtax
-
-
-
-
social contributions
16 135
22 105
-
-
withholding
12 007
16 451
-
-
total
28 142
38 556
-
-
Income
178 500
178 500
178 500
178 500
Total tax
83 192
88 537
81 449
78 055
After tax
95 308
89 963
97 051
100 445
Living cost
29 644
29 644
29 644
29 644
Free-cash
65 664
60 319
67 407
70 801

Estimated living cost  is ₽29644 per week

₽17192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3011
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.
₽8879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88509
₽90291
₽94239
₽89005
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
26 775
social contributions
-
-
-
24 633
health
-
-
-
12 460
total
-
-
-
63 868
Employee
32 608
-
178 500
-
social contributions
4 501
-
24 633
-
income
5 439
-
30 723
-
health
2 276
-
12 460
-
total
12 216
-
67 816
-
Employer
32 608
-
178 500
-
total
-
-
-
-
Corporate
145 892
178 500
-
-
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%.

7 295
8 924
-
-
total
7 295
8 924
-
-
Dividends
138 597
169 576
-
-
social contributions
19 127
23 401
-
-
withholding
20 789
25 436
-
-
health
9 675
11 837
-
-
total
49 591
60 674
-
-
Income
178 500
178 500
178 500
178 500
Total tax
69 102
69 598
67 816
63 868
After tax
109 398
108 902
110 684
114 632
Living cost
20 393
20 393
20 393
20 393
Free-cash
89 005
88 509
90 291
94 239

Estimated living cost  is ₽20393 per week

₽13648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64790
₽13310
₽57753
₽63303
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
50 678
surtax
-
-
-
190
unemployment
-
-
-
5 899
chamber of commerce
-
-
-
714
health
-
-
-
8 594
pensions
-
-
-
20 785
total
-
-
-
86 860
Employee
48 063
38 326
143 687
-
other
480
383
1 124
-
unemployment
1 442
1 150
3 371
-
pensions
4 922
3 924
11 505
-
income
5 471
2 827
41 135
-
health
1 860
1 484
4 347
-
total
14 175
9 768
61 482
-
Employer
48 063
38 326
143 687
-
chamber of commerce
192
153
575
-
health
1 816
1 449
4 247
-
pensions
6 032
4 811
14 100
-
accident
624
498
1 460
-
unemployment
1 442
1 150
3 371
-
surtax
190
190
190
-
payroll
1 442
1 150
4 311
-
other
2 283
1 820
6 557
-
total
14 021
11 221
34 811
-
Corporate
116 417
128 954
140 039
-
income

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

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

29 104
32 238
35 010
-
total
29 104
32 238
35 010
-
Dividends
87 313
96 716
-
-
withholding
24 010
26 596
-
-
total
24 010
26 596
-
-
Income
178 500
178 500
178 500
178 500
Total tax
81 310
79 823
131 303
86 860
After tax
97 190
98 677
47 197
91 640
Living cost
33 887
33 887
33 887
33 887
Free-cash
63 303
64 790
13 310
57 753

Estimated living cost  is ₽33887 per week

₽22601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64745
₽27270
₽42380
₽50318
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
communal

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

-
-
-
9 271
social contributions
-
-
-
23 977
national
-
-
-
67 806
total
-
-
-
101 054
Employee

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

68 793
-
138 254
-
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.

599
-
1 203
-
communal

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

3 588
-
7 211
-
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.

5 159
-
10 370
-
national
21 150
-
50 636
-
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.

3 232
-
6 497
-
total
33 728
-
75 917
-
Employer

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

68 793
-
138 254
-
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.

4 230
-
8 503
-
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.

6 096
-
12 250
-
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.

894
-
1 798
-
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.

1 004
-
2 019
-
surtax
7 800
-
15 677
-
total
20 024
-
40 247
-
Corporate
89 683
178 500
-
-
income
17 937
35 700
-
-
surtax
360
714
-
-
total
18 297
36 414
-
-
Dividends
71 387
142 087
-
-
withholding

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

21 067
42 275
-
-
total
21 067
42 275
-
-
Income
178 500
178 500
178 500
178 500
Total tax
93 116
78 689
116 164
101 054
After tax
85 384
99 811
62 336
77 446
Living cost
35 066
35 066
35 066
35 066
Free-cash
50 318
64 745
27 270
42 380

Estimated living cost  is ₽35066 per week

₽22587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3066
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84140
₽61304
₽65340
₽77553
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
accident
-
-
-
803
income
-
-
-
51 686
other
-
-
-
89
unemployment
-
-
-
624
pensions
-
-
-
25 226
total
-
-
-
78 428
Employee
47 872
-
150 082
-
other
47
-
89
-
unemployment
743
-
1 382
-
pensions
2 250
-
4 190
-
income
10 101
-
48 385
-
total
13 141
-
54 046
-
Employer
47 872
-
150 082
-
pensions
11 297
-
21 037
-
accident
947
-
1 765
-
unemployment
2 634
-
4 902
-
other
381
-
714
-
total
15 259
-
28 418
-
Corporate
115 369
178 500
-
-
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.

17 305
26 775
-
-
total
17 305
26 775
-
-
Dividends
98 064
151 725
-
-
withholding
20 510
32 853
-
-
total
20 510
32 853
-
-
Income
178 500
178 500
178 500
178 500
Total tax
66 215
59 628
82 464
78 428
After tax
112 285
118 872
96 036
100 072
Living cost
34 732
34 732
34 732
34 732
Free-cash
77 553
84 140
61 304
65 340

Estimated living cost  is ₽34732 per week

₽25576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2464
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51513
₽42089
₽34967
₽38912
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
communal
-
-
-
11 281
accident
-
-
-
1 506
income
-
-
-
30 335
surtax
-
-
-
8 850
health
-
-
-
12 542
pensions
-
-
-
26 755
total
-
-
-
91 269
Employee
72 830
-
159 448
-
pensions
5 826
-
12 755
-
surtax
4 464
-
9 771
-
income
7 035
-
35 476
-
health
3 241
-
7 094
-
total
20 566
-
65 096
-
Employer
72 830
-
159 448
-
health
2 221
-
4 862
-
pensions
5 826
-
12 755
-
accident
655
-
1 434
-
total
8 702
-
19 051
-
Corporate
96 968
178 500
-
-
communal
6 545
12 049
-
-
income
14 546
26 775
-
-
surtax
1 018
1 874
-
-
total
22 109
40 698
-
-
Dividends
74 859
137 801
-
-
income
24 717
13 355
-
-
withholding
11 230
20 670
-
-
total
35 947
34 025
-
-
Income
178 500
178 500
178 500
178 500
Total tax
87 324
74 723
84 147
91 269
After tax
91 176
103 777
94 353
87 231
Living cost
52 264
52 264
52 264
52 264
Free-cash
38 912
51 513
42 089
34 967

Estimated living cost  is ₽52264 per week

₽39206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90677
₽56868
₽62750
₽87615
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
51 068
other
-
-
-
-
surtax
-
-
-
8 079
unemployment
-
-
-
219
health
-
-
-
9 112
pensions
-
-
-
25 671
total
-
-
-
94 149
Employee
32 387
-
151 482
-
other
-
-
-
-
unemployment
2 254
-
8 934
-
pensions
2 161
-
8 561
-
surtax
115
-
6 930
-
income
5 430
-
45 316
-
health
827
-
3 272
-
total
10 787
-
73 013
-
Employer
32 387
-
151 482
-
health
1 473
-
5 840
-
pensions
4 318
-
17 110
-
unemployment
1 028
-
4 068
-
other
-
-
-
-
total
6 819
-
27 018
-
Corporate
139 294
178 500
-
-
income
36 216
46 409
-
-
total
36 216
46 409
-
-
Dividends
103 078
132 091
-
-
withholding
15 462
19 813
-
-
total
15 462
19 813
-
-
Income
178 500
178 500
178 500
178 500
Total tax
69 284
66 222
100 031
94 149
After tax
109 216
112 278
78 469
84 351
Living cost
21 601
21 601
21 601
21 601
Free-cash
87 615
90 677
56 868
62 750

Estimated living cost  is ₽21601 per week

₽13042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67916
₽50275
₽58298
₽65782
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
social contributions
-
-
-
45 911
regional
-
-
-
2 691
municipal
-
-
-
1 060
national
-
-
-
44 633
total
-
-
-
94 295
Employee
53 348
-
178 500
-
municipal
283
-
947
-
national
8 452
-
38 780
-
regional
718
-
2 401
-
social contributions
17 989
-
60 190
-
total
27 442
-
102 318
-
Employer
53 348
-
178 500
-
total
-
-
-
-
Corporate
125 152
178 500
-
-
municipal
6 220
8 872
-
-
nationa
30 037
42 839
-
-
total
36 257
51 711
-
-
Dividends
88 896
126 789
-
-
withholding
23 112
32 966
-
-
total
23 112
32 966
-
-
Income
178 500
178 500
178 500
178 500
Total tax
86 811
84 677
102 318
94 295
After tax
91 689
93 823
76 182
84 205
Living cost
25 907
25 907
25 907
25 907
Free-cash
65 782
67 916
50 275
58 298

Estimated living cost  is ₽25907 per week

₽16112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93427
₽64550
₽72371
₽82915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
17 998
social contributions
-
-
-
34 413
solidarity contribution
-
-
-
150
health
-
-
-
24 098
total
-
-
-
76 659
Employee
43 338
-
136 731
-
solidarity contribution
-
-
-
-
social contributions
2 817
-
7 660
-
income
5 200
-
16 592
-
health
5 851
-
18 459
-
total
13 868
-
42 711
-
Employer
43 338
-
136 731
-
health
3 900
-
12 306
-
social contributions
10 834
-
29 463
-
total
14 734
-
41 769
-
Corporate
120 427
178 500
-
-
income
22 881
33 915
-
-
total
22 881
33 915
-
-
Dividends
97 546
144 585
-
-
withholding
14 632
21 688
-
-
total
14 632
21 688
-
-
Income
178 500
178 500
178 500
178 500
Total tax
66 115
55 603
84 480
76 659
After tax
112 385
122 897
94 020
101 841
Living cost
29 470
29 470
29 470
29 470
Free-cash
82 915
93 427
64 550
72 371

Estimated living cost  is ₽29470 per week

₽21916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1633
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5412
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68097
₽16562
₽61148
₽67623
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
50 678
surtax
-
-
-
-
unemployment
-
-
-
5 899
chamber of commerce
-
-
-
714
health
-
-
-
8 594
pensions
-
-
-
20 785
total
-
-
-
86 670
Employee
42 040
38 326
143 866
-
other
420
383
1 124
-
unemployment
1 261
1 150
3 371
-
pensions
4 305
3 924
11 505
-
income
3 745
2 827
41 221
-
health
1 626
1 484
4 347
-
total
11 357
9 768
61 568
-
Employer
42 040
38 326
143 866
-
chamber of commerce
168
153
575
-
health
1 590
1 449
4 247
-
pensions
5 276
4 811
14 100
-
accident
546
498
1 460
-
unemployment
1 261
1 150
3 371
-
surtax
-
-
-
-
payroll
1 261
1 150
4 316
-
other
1 997
1 820
6 565
-
total
12 099
11 031
34 634
-
Corporate
124 362
129 143
140 216
-
income

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

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

31 090
32 285
35 054
-
total
31 090
32 285
35 054
-
Dividends
93 272
96 858
-
-
withholding
25 649
26 637
-
-
total
25 649
26 637
-
-
Income
178 500
178 500
178 500
178 500
Total tax
80 195
79 721
131 256
86 670
After tax
98 305
98 779
47 244
91 830
Living cost
30 682
30 682
30 682
30 682
Free-cash
67 623
68 097
16 562
61 148

Estimated living cost  is ₽30682 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3134
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157275
₽130500
₽164415
₽154969
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
178 500
microenterprise

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

-
-
-
1 785
total
-
-
-
1 785
Employee
15 375
-
178 500
-
income
3 075
-
35 700
-
total
3 075
-
35 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

163 125
178 500
-
-
total
-
-
-
-
Dividends
163 125
178 500
-
-
withholding
8 156
8 925
-
-
total
8 156
8 925
-
-
Income
178 500
178 500
178 500
178 500
Total tax
11 231
8 925
35 700
1 785
After tax
167 269
169 575
142 800
176 715
Living cost
12 300
12 300
12 300
12 300
Free-cash
154 969
157 275
130 500
164 415

Estimated living cost  is ₽12300 per week

₽8323
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽516
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.
₽3047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97102
₽56194
₽60924
₽89059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
178 500
income
-
-
-
41 349
unemployment
-
-
-
268
health
-
-
-
17 564
pensions
-
-
-
32 599
total
-
-
-
91 780
Employee

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

42 528
-
154 450
-
unemployment
60
-
215
-
pensions
6 592
-
23 939
-
income
7 334
-
38 327
-
health
2 747
-
9 978
-
total
16 733
-
72 459
-
Employer

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

42 528
-
154 450
-
health
2 832
-
10 288
-
pensions
3 763
-
13 670
-
unemployment
26
-
93
-
total
6 621
-
24 051
-
Corporate
129 351
178 500
-
-
income
24 576
33 915
-
-
total
24 576
33 915
-
-
Dividends
104 775
144 585
-
-
withholding
15 715
21 687
-
-
total
15 715
21 687
-
-
Income
178 500
178 500
178 500
178 500
Total tax
63 645
55 602
96 510
91 780
After tax
114 855
122 898
81 990
86 720
Living cost
25 796
25 796
25 796
25 796
Free-cash
89 059
97 102
56 194
60 924

Estimated living cost  is ₽25796 per week

₽17703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1653
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66990
₽124205
₽81749
₽21122
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
34 793
social contributions
-
-
-
20 349
total
-
-
-
55 142
Employee
59 661
-
-
-
social contributions
4 892
-
697
-
income
13 160
-
-
-
total
18 052
-
697
-
Employer
59 661
-
-
-
social contributions
84 122
-
11 989
-
total
84 122
-
11 989
-
Corporate
34 716
178 500
-
-
income
7 638
39 270
-
-
total
7 638
39 270
-
-
Dividends
27 079
139 230
-
-
income
5 957
30 631
-
-
total
5 957
30 631
-
-
Income
178 500
178 500
178 500
178 500
Total tax
115 769
69 901
12 686
55 142
After tax
62 731
108 599
165 814
123 358
Living cost
41 609
41 609
41 609
41 609
Free-cash
21 122
66 990
124 205
81 749

Estimated living cost  is ₽41609 per week

₽26997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3913
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71364
₽51312
₽64846
₽70396
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
178 500
income
-
-
-
21 460
surtax
-
-
-
-
social contributions

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

-
-
-
62 028
total
-
-
-
83 488
Employee
44 232
-
144 242
-
surtax
-
-
-
-
social contributions
4 866
-
15 867
-
income
9 200
-
46 897
-
total
14 066
-
62 764
-
Employer
44 232
-
144 242
-
social contributions
10 505
-
34 258
-
total
10 505
-
34 258
-
Corporate
123 763
178 500
-
-
income
25 991
37 485
-
-
surtax
-
-
-
-
total
25 991
37 485
-
-
Dividends
97 773
141 015
-
-
withholding
27 376
39 485
-
-
total
27 376
39 485
-
-
Income
178 500
178 500
178 500
178 500
Total tax
77 938
76 970
97 022
83 488
After tax
100 562
101 530
81 478
95 012
Living cost
30 166
30 166
30 166
30 166
Free-cash
70 396
71 364
51 312
64 846

Estimated living cost  is ₽30166 per week

₽22570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43513
₽50601
₽53995
₽50123
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
28 645
other
-
-
-
5 534
surtax
-
-
-
-
social contributions
-
-
-
5 085
health
-
-
-
7 831
pensions
-
-
-
30 960
total
-
-
-
78 055
Employee
60 234
-
137 807
-
pensions
6 813
-
9 724
-
surtax
-
-
-
-
social contributions
1 716
-
3 926
-
income
5 256
-
27 105
-
total
13 785
-
40 755
-
Employer
60 234
-
137 807
-
health
4 216
-
12 917
-
pensions
9 897
-
16 346
-
unemployment
2 440
-
5 581
-
social contributions
181
-
414
-
other
2 079
-
5 436
-
total
18 813
-
40 694
-
Corporate
99 453
178 500
-
-
income
27 847
49 981
-
-
surtax
-
-
-
-
total
27 847
49 981
-
-
Dividends
71 606
128 519
-
-
surtax
-
-
-
-
social contributions
12 317
22 105
-
-
withholding
9 165
16 451
-
-
total
21 482
38 556
-
-
Income
178 500
178 500
178 500
178 500
Total tax
81 927
88 537
81 449
78 055
After tax
96 573
89 963
97 051
100 445
Living cost
46 450
46 450
46 450
46 450
Free-cash
50 123
43 513
50 601
53 995

Estimated living cost  is ₽46450 per week

₽31436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽637
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131740
₽106979
₽102237
₽128510
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
8 083
social contributions
-
-
-
39 271
total
-
-
-
47 354
Employee
30 918
-
154 544
-
income
-
-
8 611
-
social contributions
2 009
-
10 045
-
total
2 009
-
18 656
-
Employer
30 918
-
154 544
-
social contributions
4 793
-
23 956
-
total
4 793
-
23 956
-
Corporate
142 789
178 500
-
-
income
14 279
17 851
-
-
total
14 279
17 851
-
-
Dividends
128 510
160 649
-
-
total
-
-
-
-
Income
178 500
178 500
178 500
178 500
Total tax
21 081
17 851
42 612
47 354
After tax
157 419
160 649
135 888
131 146
Living cost
28 909
28 909
28 909
28 909
Free-cash
128 510
131 740
106 979
102 237

Estimated living cost  is ₽28909 per week

₽18692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2179
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30843
-₽30843
₽58468
-₽30843
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
labour market
-
-
-
14 213
municipal
-
-
-
37 457
national
-
-
-
21 256
pensions
-
-
-
833
total
-
-
-
73 759
Employee
195 309
195 309
195 309
-
municipal
41 590
41 590
41 590
-
labour market
15 603
15 603
15 603
-
pensions
278
278
278
-
national
23 861
23 861
23 861
-
total
81 332
81 332
81 332
-
Employer
195 309
195 309
195 309
-
national
23 902
23 902
23 902
-
labour market
15 625
15 625
15 625
-
pensions
555
555
555
-
municipal
41 656
41 656
41 656
-
total
81 738
81 738
81 738
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
178 500
178 500
178 500
178 500
Total tax
163 070
163 070
163 070
73 759
After tax
15 430
15 430
15 430
104 741
Living cost
46 273
46 273
46 273
46 273
Free-cash
-30 843
-30 843
-30 843
58 468

Estimated living cost  is ₽46273 per week

₽31670
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽712
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6678
₽76058
₽100863
₽11217
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
accident
-
-
-
246
income
-
-
-
49 709
other
-
-
-
361
health
-
-
-
2 127
pensions
-
-
-
4 057
total
-
-
-
56 500
Employee
33 250
-
161 118
-
pensions
3 744
-
7 440
-
income
4 561
-
38 037
-
health
3 807
-
18 448
-
total
12 112
-
63 925
-
Employer
33 250
-
161 118
-
pensions
5 406
-
10 743
-
accident
555
-
2 690
-
unemployment
815
-
3 947
-
total
6 776
-
17 380
-
Corporate
138 474
178 500
-
-
income

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

124 627
160 650
-
-
total
124 627
160 650
-
-
Dividends
13 847
17 850
-
-
withholding
2 631
3 391
-
-
total
2 631
3 391
-
-
Income
178 500
178 500
178 500
178 500
Total tax
146 146
164 041
81 305
56 500
After tax
32 354
14 459
97 195
122 000
Living cost
21 137
21 137
21 137
21 137
Free-cash
11 217
-6 678
76 058
100 863

Estimated living cost  is ₽21137 per week

₽15385
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74364
₽56137
₽76886
₽76998
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
178 500
health
-
-
-
2 347
municipal
-
-
-
31 708
national
-
-
-
30 636
total
-
-
-
64 691
Employee
50 598
-
150 162
-
municipal
8 288
-
24 456
-
unemployment
759
-
2 252
-
pensions
3 415
-
10 136
-
national
836
-
18 349
-
health
378
-
1 911
-
total
13 676
-
57 104
-
Employer
50 598
-
150 162
-
health
389
-
1 157
-
pensions
8 778
-
26 053
-
accident
51
-
150
-
unemployment
329
-
976
-
total
9 547
-
28 336
-
Corporate
118 355
178 500
-
-
income
23 671
35 700
-
-
total
23 671
35 700
-
-
Dividends

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

71 013
107 100
-
-
municipal
12 783
19 278
-
-
national
4 902
12 235
-
-
total
17 685
31 513
-
-
Income
178 500
178 500
178 500
178 500
Total tax
64 579
67 213
85 440
64 691
After tax
113 921
111 287
93 060
113 809
Living cost
36 923
36 923
36 923
36 923
Free-cash
76 998
74 364
56 137
76 886

Estimated living cost  is ₽36923 per week

₽24118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107920
₽97737
₽99282
₽102688
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
36 839
social contributions
-
-
-
15 560
health
-
-
-
4 552
total
-
-
-
56 951
Employee
73 952
73 952
167 130
-
social contributions
2 796
6 138
8 278
-
income
8 052
6 846
36 006
-
health
573
1 257
2 842
-
total
11 421
14 241
47 126
-
Employer
73 952
73 952
167 130
-
health
622
1 369
3 092
-
social contributions
2 796
6 138
8 278
-
total
3 418
7 507
11 370
-
Corporate
141 394
97 042
-
-
income
17 674
12 131
-
-
total
17 674
12 131
-
-
Dividends
123 720
84 911
-
-
withholding
21 032
14 434
-
-
total
21 032
14 434
-
-
Income
178 500
178 500
178 500
178 500
Total tax
53 545
48 313
58 496
56 951
After tax
124 955
130 187
120 004
121 549
Living cost
22 267
22 267
22 267
22 267
Free-cash
102 688
107 920
97 737
99 282

Estimated living cost  is ₽22267 per week

₽13345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132546
₽116079
₽135370
₽127652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
178 500
income
-
-
-
18 236
unemployment
-
-
-
27
health
-
-
-
3 480
pensions
-
-
-
6 118
total
-
-
-
27 861
Employee

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

22 075
-
169 101
-
unemployment
110
-
456
-
pensions
3 311
-
13 688
-
income
1 509
-
15 853
-
health
1 876
-
7 756
-
total
6 806
-
37 753
-
Employer

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

22 075
-
169 101
-
health
949
-
3 924
-
pensions
1 214
-
5 019
-
unemployment
110
-
456
-
total
2 273
-
9 399
-
Corporate
154 153
178 500
-
-
income
13 874
16 066
-
-
total
13 874
16 066
-
-
Dividends
140 279
162 434
-
-
withholding
12 626
14 619
-
-
total
12 626
14 619
-
-
Income
178 500
178 500
178 500
178 500
Total tax
35 579
30 685
47 152
27 861
After tax
142 921
147 815
131 348
150 639
Living cost
15 269
15 269
15 269
15 269
Free-cash
127 652
132 546
116 079
135 370

Estimated living cost  is ₽15269 per week

₽9742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92426
₽69590
₽73626
₽88179
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
accident
-
-
-
803
income
-
-
-
51 686
other
-
-
-
89
unemployment
-
-
-
624
pensions
-
-
-
25 226
total
-
-
-
78 428
Employee
35 561
-
150 082
-
other
35
-
89
-
unemployment
551
-
1 382
-
pensions
1 672
-
4 190
-
income
6 856
-
48 385
-
total
9 114
-
54 046
-
Employer
35 561
-
150 082
-
pensions
8 392
-
21 037
-
accident
704
-
1 765
-
unemployment
1 956
-
4 902
-
other
285
-
714
-
total
11 337
-
28 418
-
Corporate
131 602
178 500
-
-
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.

19 740
26 775
-
-
total
19 740
26 775
-
-
Dividends
111 863
151 725
-
-
withholding
23 684
32 853
-
-
total
23 684
32 853
-
-
Income
178 500
178 500
178 500
178 500
Total tax
63 875
59 628
82 464
78 428
After tax
114 625
118 872
96 036
100 072
Living cost
26 446
26 446
26 446
26 446
Free-cash
88 179
92 426
69 590
73 626

Estimated living cost  is ₽26446 per week

₽17851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2542
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109515
₽112925
₽113059
₽109209
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
61 221
health
-
-
-
988
pensions
-
-
-
1 363
total
-
-
-
63 572
Employee
2 847
-
176 966
-
unemployment
28
-
68
-
pensions
256
-
614
-
income
551
-
61 149
-
health
142
-
341
-
total
977
-
62 172
-
Employer
2 847
-
176 966
-
health
270
-
648
-
pensions
313
-
750
-
unemployment
57
-
136
-
total
640
-
1 534
-
Corporate
175 012
178 500
-
-
income
38 503
39 270
-
-
total
38 503
39 270
-
-
Dividends
136 510
139 230
-
-
withholding
27 302
27 846
-
-
total
27 302
27 846
-
-
Income
178 500
178 500
178 500
178 500
Total tax
67 422
67 116
63 706
63 572
After tax
111 078
111 384
114 794
114 928
Living cost
1 869
1 869
1 869
1 869
Free-cash
109 209
109 515
112 925
113 059

Estimated living cost  is ₽1869 per week

₽1111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽152
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112337
₽94401
₽94402
₽107608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
178 500
income
-
-
-
40 608
unemployment
-
-
-
1 066
health
-
-
-
7 319
pensions
-
-
-
18 476
total
-
-
-
67 469
Employee

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

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

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

25 075
-
165 780
-
unemployment
188
-
533
-
pensions
3 511
-
9 949
-
income
3 456
-
40 608
-
health
1 291
-
3 660
-
total
8 446
-
54 750
-
Employer

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

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

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

25 075
-
165 780
-
health
1 291
-
3 660
-
pensions
3 009
-
8 527
-
unemployment
188
-
533
-
total
4 488
-
12 720
-
Corporate
148 936
178 500
-
-
income
22 340
26 775
-
-
total
22 340
26 775
-
-
Dividends
126 596
151 725
-
-
withholding
18 989
22 759
-
-
total
18 989
22 759
-
-
Income
178 500
178 500
178 500
178 500
Total tax
54 263
49 534
67 470
67 469
After tax
124 237
128 966
111 030
111 031
Living cost
16 629
16 629
16 629
16 629
Free-cash
107 608
112 337
94 401
94 402

Estimated living cost  is ₽16629 per week

₽11196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1286
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.
₽3665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75603
₽55551
₽69085
₽75259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
178 500
income
-
-
-
21 460
surtax
-
-
-
-
social contributions

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

-
-
-
62 028
total
-
-
-
83 488
Employee
37 327
-
144 242
-
surtax
-
-
-
-
social contributions
4 106
-
15 867
-
income
7 293
-
46 897
-
total
11 399
-
62 764
-
Employer
37 327
-
144 242
-
social contributions
8 864
-
34 258
-
total
8 864
-
34 258
-
Corporate
132 309
178 500
-
-
income
27 785
37 485
-
-
surtax
-
-
-
-
total
27 785
37 485
-
-
Dividends
104 525
141 015
-
-
withholding
29 266
39 485
-
-
total
29 266
39 485
-
-
Income
178 500
178 500
178 500
178 500
Total tax
77 314
76 970
97 022
83 488
After tax
101 186
101 530
81 478
95 012
Living cost
25 927
25 927
25 927
25 927
Free-cash
75 259
75 603
55 551
69 085

Estimated living cost  is ₽25927 per week

₽18364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1801
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.
₽5304
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85073
₽62237
₽66273
₽78781
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
accident
-
-
-
803
income
-
-
-
51 686
other
-
-
-
89
unemployment
-
-
-
624
pensions
-
-
-
25 226
total
-
-
-
78 428
Employee
46 447
-
150 082
-
other
46
-
89
-
unemployment
719
-
1 382
-
pensions
2 183
-
4 190
-
income
9 701
-
48 385
-
total
12 649
-
54 046
-
Employer
46 447
-
150 082
-
pensions
10 961
-
21 037
-
accident
920
-
1 765
-
unemployment
2 555
-
4 902
-
other
372
-
714
-
total
14 808
-
28 418
-
Corporate
117 245
178 500
-
-
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.

17 586
26 775
-
-
total
17 586
26 775
-
-
Dividends
99 659
151 725
-
-
withholding
20 877
32 853
-
-
total
20 877
32 853
-
-
Income
178 500
178 500
178 500
178 500
Total tax
65 920
59 628
82 464
78 428
After tax
112 580
118 872
96 036
100 072
Living cost
33 799
33 799
33 799
33 799
Free-cash
78 781
85 073
62 237
66 273

Estimated living cost  is ₽33799 per week

₽24273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2628
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.
₽6422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136080
₽133323
₽126222
₽130221
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
26 775
unemployment
-
-
-
134
health
-
-
-
3 862
pensions

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

-
-
-
4 970
total
-
-
-
35 741
Employee
21 897
-
171 912
-
accident

We are using the highest rate at 1.1%.

241
-
369
-
pensions

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

1 922
-
2 948
-
income
2 190
-
17 191
-
health
1 007
-
1 545
-
total
5 360
-
22 053
-
Employer
21 897
-
171 912
-
health
1 511
-
2 317
-
pensions

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

2 413
-
3 700
-
accident

We are using the highest rate at 1.1%.

241
-
369
-
unemployment
132
-
201
-
total
4 297
-
6 587
-
Corporate
152 307
178 500
-
-
income
15 231
17 850
-
-
total
15 231
17 850
-
-
Dividends
137 076
160 650
-
-
withholding
6 854
8 033
-
-
total
6 854
8 033
-
-
Income
178 500
178 500
178 500
178 500
Total tax
31 742
25 883
28 640
35 741
After tax
146 758
152 617
149 860
142 759
Living cost
16 537
16 537
16 537
16 537
Free-cash
130 221
136 080
133 323
126 222

Estimated living cost  is ₽16537 per week

₽10937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽947
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54721
₽75527
₽56329
₽67299
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
178 500
income

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

-
-
-
56 184
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.

-
-
-
3 090
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.

-
-
-
6 570
trade
-
-
-
19 198
total
-
-
-
85 042
Employee

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

47 852
-
178 500
-
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.

217
-
3 090
-
income

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

3 935
-
56 184
-
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.

6 570
-
6 570
-
total
10 722
-
65 844
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 648
178 500
-
-
income
19 597
26 775
-
-
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.

1 079
1 473
-
-
chamber of commerce
338
407
-
-
trade
18 749
25 615
-
-
total
39 763
54 270
-
-
Dividends
90 886
124 230
-
-
surtax

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

1 230
1 688
-
-
withholding
22 357
30 692
-
-
total
23 587
32 380
-
-
Income
178 500
178 500
178 500
178 500
Total tax
74 072
86 650
65 844
85 042
After tax
104 428
91 850
112 656
93 458
Living cost
37 129
37 129
37 129
37 129
Free-cash
67 299
54 721
75 527
56 329

Estimated living cost  is ₽37129 per week

₽25613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6983
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70165
₽38223
₽38223
₽72289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
55 503
social contributions
-
-
-
29 990
total
-
-
-
85 493
Employee
75 228
-
178 500
-
income
14 195
-
55 503
-
social contributions
6 250
-
29 990
-
total
20 445
-
85 493
-
Employer
75 228
-
178 500
-
total
-
-
-
-
Corporate
103 272
178 500
-
-
income
12 909
22 313
-
-
total
12 909
22 313
-
-
Dividends
90 363
156 187
-
-
withholding
18 073
31 238
-
-
total
18 073
31 238
-
-
Income
178 500
178 500
178 500
178 500
Total tax
51 427
53 551
85 493
85 493
After tax
127 073
124 949
93 007
93 007
Living cost
54 784
54 784
54 784
54 784
Free-cash
72 289
70 165
38 223
38 223

Estimated living cost  is ₽54784 per week

₽41679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4464
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.
₽8118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76033
₽91451
₽110324
₽79395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
178 500
income
-
-
-
27 376
health

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

-
-
-
5 889
total
-
-
-
33 265
Employee
44 118
-
174 076
-
income
4 787
-
43 290
-
social contributions
4 420
-
4 424
-
total
9 207
-
47 714
-
Employer
44 118
-
174 076
-
social contributions
4 420
-
4 424
-
total
4 420
-
4 424
-
Corporate
129 962
178 500
-
-
income
45 486
62 475
-
-
total
45 486
62 475
-
-
Dividends
84 476
116 025
-
-
social contributions
5 081
5 081
-
-
total
5 081
5 081
-
-
Income
178 500
178 500
178 500
178 500
Total tax
64 194
67 556
52 138
33 265
After tax
114 306
110 944
126 362
145 235
Living cost
34 911
34 911
34 911
34 911
Free-cash
79 395
76 033
91 451
110 324

Estimated living cost  is ₽34911 per week

₽22996
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.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8627
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80269
₽66034
₽82132
₽85919
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
52 113
pensions
-
-
-
8 795
total
-
-
-
60 908
Employee
48 673
-
155 834
-
pensions
3 715
-
10 744
-
income
8 864
-
41 380
-
health
635
-
2 218
-
total
13 214
-
54 342
-
Employer
48 673
-
155 834
-
health
925
-
2 960
-
pensions
4 918
-
19 704
-
total
5 843
-
22 664
-
Corporate
123 984
178 500
-
-
income

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

23 558
33 914
-
-
total
23 558
33 914
-
-
Dividends
100 426
144 586
-
-
withholding
14 506
28 857
-
-
total
14 506
28 857
-
-
Income
178 500
178 500
178 500
178 500
Total tax
57 121
62 771
77 006
60 908
After tax
121 379
115 729
101 494
117 592
Living cost
35 460
35 460
35 460
35 460
Free-cash
85 919
80 269
66 034
82 132

Estimated living cost  is ₽35460 per week

₽24325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7428
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8770
₽73966
₽98771
₽10896
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
accident
-
-
-
246
income
-
-
-
49 709
other
-
-
-
361
health
-
-
-
2 127
pensions
-
-
-
4 057
total
-
-
-
56 500
Employee
36 541
-
161 118
-
pensions
4 115
-
7 440
-
income
5 013
-
38 037
-
health
4 184
-
18 448
-
total
13 312
-
63 925
-
Employer
36 541
-
161 118
-
pensions
5 941
-
10 743
-
accident
610
-
2 690
-
unemployment
895
-
3 947
-
total
7 446
-
17 380
-
Corporate
134 513
178 500
-
-
income

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

121 061
160 650
-
-
total
121 061
160 650
-
-
Dividends
13 451
17 850
-
-
withholding
2 556
3 391
-
-
total
2 556
3 391
-
-
Income
178 500
178 500
178 500
178 500
Total tax
144 375
164 041
81 305
56 500
After tax
34 125
14 459
97 195
122 000
Living cost
23 229
23 229
23 229
23 229
Free-cash
10 896
-8 770
73 966
98 771

Estimated living cost  is ₽23229 per week

₽17048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1354
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123582
₽114841
₽93725
₽132744
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
178 500
income
-
-
-
29 572
unemployment
-
-
-
1 843
work injury
-
-
-
768
health insurance
-
-
-
11 364
pensions
-
-
-
28 257
total
-
-
-
71 804
Employee

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

20 754
-
178 500
-
health insurance
1 536
-
5 682
-
unemployment
249
-
921
-
work injury
104
-
384
-
pensions
3 819
-
14 129
-
income
2 075
-
29 572
-
total
7 783
-
50 688
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
157 746
178 500
-
-
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%.

1 577
17 850
-
-
total
1 577
17 850
-
-
Dividends
156 169
160 650
-
-
withholding
23 425
24 097
-
-
total
23 425
24 097
-
-
Income
178 500
178 500
178 500
178 500
Total tax
32 785
41 947
50 688
71 804
After tax
145 715
136 553
127 812
106 696
Living cost
12 971
12 971
12 971
12 971
Free-cash
132 744
123 582
114 841
93 725

Estimated living cost  is ₽12971 per week

₽8036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3588
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55710
₽36517
₽44351
₽51333
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
social contributions
-
-
-
45 911
regional
-
-
-
4 098
municipal
-
-
-
1 194
national
-
-
-
44 633
total
-
-
-
95 836
Employee
81 041
-
178 500
-
municipal
484
-
1 064
-
national
13 695
-
38 780
-
regional
1 224
-
3 636
-
social contributions
27 326
-
60 190
-
total
42 729
-
103 670
-
Employer
81 041
-
178 500
-
total
-
-
-
-
Corporate
97 459
178 500
-
-
municipal
4 698
8 603
-
-
nationa
23 390
42 839
-
-
total
28 088
51 442
-
-
Dividends
69 372
127 057
-
-
withholding
18 037
33 035
-
-
total
18 037
33 035
-
-
Income
178 500
178 500
178 500
178 500
Total tax
88 854
84 477
103 670
95 836
After tax
89 646
94 023
74 830
82 664
Living cost
38 313
38 313
38 313
38 313
Free-cash
51 333
55 710
36 517
44 351

Estimated living cost  is ₽38313 per week

₽26912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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