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
₽83342
₽60552
₽62352
₽71310
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 645
income

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

-
-
-
55 971
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.

-
-
-
3 079
trade
-
-
-
20 990
total
-
-
-
86 685
Employee

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

37 205
-
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
-
3 079
-
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.

1 039
-
55 971
-
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.

6 645
-
6 645
-
total
7 741
-
65 695
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 295
178 500
-
-
chamber of commerce
351
404
-
-
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.

1 167
1 473
-
-
trade
22 255
28 114
-
-
income
21 195
26 775
-
-
total
44 968
56 766
-
-
Dividends
96 328
121 734
-
-
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.

1 305
1 654
-
-
withholding
23 713
30 065
-
-
total
25 018
31 719
-
-
Income
178 500
178 500
178 500
178 500
Total tax
77 727
88 485
65 695
86 685
After tax
100 773
90 015
112 805
91 815
Living cost
29 463
29 463
29 463
29 463
Free-cash
71 310
60 552
83 342
62 352

Estimated living cost  is ₽29463 per week

₽18533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54908
₽60087
₽53949
₽59233
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
21 420
national
-
-
-
30 359
municipal
-
-
-
19 556
total
-
-
-
73 254
Employee
79 519
-
154 312
-
municipal
9 822
-
20 247
-
national
15 220
-
31 872
-
pensions
3 181
-
6 172
-
total
28 223
-
58 291
-
Employer
79 519
-
154 312
-
pensions
6 362
-
12 345
-
social contributions
855
-
1 659
-
total
7 217
-
14 004
-
Corporate
86 516
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%.

17 303
35 700
-
-
total
17 303
35 700
-
-
Dividends
69 213
142 800
-
-
withholding
15 227
31 416
-
-
total
15 227
31 416
-
-
Income
178 500
178 500
178 500
178 500
Total tax
67 970
67 116
72 295
73 254
After tax
110 530
111 384
106 205
105 246
Living cost
51 297
51 297
51 297
51 297
Free-cash
59 233
60 087
54 908
53 949

Estimated living cost  is ₽51297 per week

₽34866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽768
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55251
₽122563
₽41975
₽114584
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
37 269
income
-
-
-
33 502
surtax
-
-
-
45 517
microenterprise
-
-
-
-
total
-
-
-
116 288
Employee
28 424
-
135 650
-
surtax
-
-
19 668
-
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.

3 127
-
12 752
-
income
5 060
-
27 744
-
total
8 187
-
60 164
-
Employer
28 424
-
135 650
-
surtax
-
-
14 921
-
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.

6 847
-
27 927
-
total
6 847
-
42 848
-
Corporate
143 230
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%.

28 645
35 700
-
-
total
28 645
35 700
-
-
Dividends

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

114 585
142 800
-
-
total
-
-
-
-
Income
178 500
178 500
178 500
178 500
Total tax
43 679
35 700
103 012
116 288
After tax
134 821
142 800
75 488
62 212
Living cost
20 237
20 237
20 237
20 237
Free-cash
114 584
122 563
55 251
41 975

Estimated living cost  is ₽20237 per week

₽12910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1927
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.
₽4940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71549
₽47733
₽57300
₽41772
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 995
income
-
-
-
57 059
pensions
-
-
-
11 397
total
-
-
-
80 451
Employee
83 067
83 067
160 423
-
income

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

13 597
13 597
24 733
-
pensions
14 952
11 397
11 397
-
health
12 750
10 845
11 995
-
total
41 299
35 839
48 125
-
Employer
83 067
83 067
160 423
-
unemployment
2 990
2 990
3 716
-
health
5 774
5 774
7 175
-
pensions
5 781
5 781
7 186
-
total
14 545
14 545
18 077
-
Corporate
81 906
80 887
-
-
income
16 381
16 178
-
-
total
16 381
16 178
-
-
Dividends
65 525
64 709
-
-
income
13 924
13 750
-
-
withholding
9 830
9 706
-
-
total
23 754
23 456
-
-
Income
178 500
178 500
178 500
178 500
Total tax
95 979
90 018
66 202
80 451
After tax
82 521
88 482
112 298
98 049
Living cost
40 749
40 749
40 749
40 749
Free-cash
41 772
47 733
71 549
57 300

Estimated living cost  is ₽40749 per week

₽28878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽648
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50207
₽56979
₽51190
₽56070
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 310
health
-
-
-
5 536
accident
-
-
-
177
pensions
-
-
-
9 591
national
-
-
-
15 561
unemployment
-
-
-
89
municipal
-
-
-
45 564
total
-
-
-
86 828
Employee
57 684
-
150 623
-
municipal
17 201
-
44 916
-
national
-
-
15 018
-
total
17 201
-
59 934
-
Employer
57 684
-
150 623
-
other
6 703
-
10 310
-
unemployment
1 523
-
2 342
-
health
3 548
-
5 457
-
accident
115
-
177
-
pensions
6 236
-
9 591
-
total
18 125
-
27 877
-
Corporate
102 692
178 500
-
-
income
22 592
39 270
-
-
total
22 592
39 270
-
-
Dividends
80 100
139 230
-
-
withholding
24 030
41 769
-
-
total
24 030
41 769
-
-
Income
178 500
178 500
178 500
178 500
Total tax
81 948
81 039
87 811
86 828
After tax
96 552
97 461
90 689
91 672
Living cost
40 482
40 482
40 482
40 482
Free-cash
56 070
56 979
50 207
51 190

Estimated living cost  is ₽40482 per week

₽26830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74592
₽50886
₽52668
₽64554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 645
income

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

-
-
-
55 971
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.

-
-
-
3 079
trade
-
-
-
21 924
total
-
-
-
87 619
Employee

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

49 329
-
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.

233
-
3 079
-
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.

4 238
-
55 971
-
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.

6 645
-
6 645
-
total
11 116
-
65 695
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
129 171
178 500
-
-
chamber of commerce
332
402
-
-
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.

1 065
1 473
-
-
trade
21 249
29 363
-
-
income
19 375
26 775
-
-
total
42 021
58 013
-
-
Dividends
87 150
120 486
-
-
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.

1 178
1 635
-
-
withholding
21 418
29 753
-
-
total
22 596
31 388
-
-
Income
178 500
178 500
178 500
178 500
Total tax
75 733
89 401
65 695
87 619
After tax
102 767
89 099
112 805
90 881
Living cost
38 213
38 213
38 213
38 213
Free-cash
64 554
50 886
74 592
52 668

Estimated living cost  is ₽38213 per week

₽25557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4030
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88547
₽98644
₽90098
₽94608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 738
health
-
-
-
4 552
income
-
-
-
36 562
total
-
-
-
56 852
Employee
74 798
74 798
167 037
-
social contributions
3 635
6 208
8 373
-
income
7 854
6 924
35 728
-
health
744
1 272
2 839
-
total
12 233
14 404
46 940
-
Employer
74 798
74 798
167 037
-
health
810
1 384
3 090
-
social contributions
3 635
6 208
8 373
-
total
4 445
7 592
11 463
-
Corporate
130 272
96 110
-
-
income
16 285
12 013
-
-
total
16 285
12 013
-
-
Dividends
113 987
84 096
-
-
withholding
19 379
14 297
-
-
total
19 379
14 297
-
-
Income
178 500
178 500
178 500
178 500
Total tax
52 342
48 306
58 403
56 852
After tax
126 158
130 194
120 097
121 648
Living cost
31 550
31 550
31 550
31 550
Free-cash
94 608
98 644
88 547
90 098

Estimated living cost  is ₽31550 per week

₽21568
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.
₽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.
₽6989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85776
₽82556
₽105955
₽82925
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 495
income
-
-
-
21 822
pensions
-
-
-
17 850
unemployment
-
-
-
2 677
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.

25 551
10 169
149 372
-
income
3 124
1 243
18 261
-
pensions
2 555
1 017
14 937
-
health
1 789
712
10 456
-
unemployment
383
153
2 241
-
total
7 851
3 125
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.

25 551
10 169
149 372
-
pensions
4 983
1 983
29 128
-
total
4 983
1 983
29 128
-
Corporate
147 966
166 348
-
-
income
13 317
14 971
-
-
total
13 317
14 971
-
-
Dividends
134 649
151 377
-
-
social contributions
26 140
29 402
-
-
withholding
25 583
28 762
-
-
total
51 723
58 164
-
-
Income
178 500
178 500
178 500
178 500
Total tax
77 874
78 243
75 023
54 844
After tax
100 626
100 257
103 477
123 656
Living cost
17 701
17 701
17 701
17 701
Free-cash
82 925
82 556
85 776
105 955

Estimated living cost  is ₽17701 per week

₽12079
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1448
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽354
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79392
₽119305
₽72180
₽113262
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
23 205
income
-
-
-
23 920
pensions
-
-
-
35 700
total
-
-
-
82 825
Employee
27 595
-
133 408
-
income
3 107
-
25 721
-
pensions
552
-
2 667
-
unemployment
441
-
2 134
-
total
4 100
-
30 522
-
Employer
27 595
-
133 408
-
unemployment
222
-
1 067
-
health
3 587
-
17 343
-
pensions
5 519
-
26 681
-
total
9 328
-
45 091
-
Corporate
141 578
178 500
-
-
income
28 315
35 700
-
-
total
28 315
35 700
-
-
Dividends
113 263
142 800
-
-
total
-
-
-
-
Income
178 500
178 500
178 500
178 500
Total tax
41 743
35 700
75 613
82 825
After tax
136 757
142 800
102 887
95 675
Living cost
23 495
23 495
23 495
23 495
Free-cash
113 262
119 305
79 392
72 180

Estimated living cost  is ₽23495 per week

₽16115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5508
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75611
-₽7095
₽100448
₽11152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
49 675
pensions
-
-
-
4 076
total
-
-
-
56 498
Employee
33 906
-
161 070
-
income
4 652
-
37 987
-
pensions
3 818
-
7 475
-
health
3 882
-
18 443
-
total
12 352
-
63 905
-
Employer
33 906
-
161 070
-
unemployment
831
-
3 946
-
accident
566
-
2 690
-
pensions
5 513
-
10 794
-
total
6 910
-
17 430
-
Corporate
137 684
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.

123 916
160 650
-
-
total
123 916
160 650
-
-
Dividends
13 768
17 850
-
-
withholding
2 616
3 391
-
-
total
2 616
3 391
-
-
Income
178 500
178 500
178 500
178 500
Total tax
145 794
164 041
81 335
56 498
After tax
32 706
14 459
97 165
122 002
Living cost
21 554
21 554
21 554
21 554
Free-cash
11 152
-7 095
75 611
100 448

Estimated living cost  is ₽21554 per week

₽15797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1194
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134806
₽161581
₽168721
₽160083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 992
-
178 500
-
income
1 998
-
35 700
-
total
1 998
-
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%.

168 508
178 500
-
-
total
-
-
-
-
Dividends
168 508
178 500
-
-
withholding
8 425
8 925
-
-
total
8 425
8 925
-
-
Income
178 500
178 500
178 500
178 500
Total tax
10 423
8 925
35 700
1 785
After tax
168 077
169 575
142 800
176 715
Living cost
7 994
7 994
7 994
7 994
Free-cash
160 083
161 581
134 806
168 721

Estimated living cost  is ₽7994 per week

₽4954
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽220
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75079
₽105226
₽75295
₽98654
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 026
health
-
-
-
6 509
income
-
-
-
28 250
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.

-
-
-
35 501
total
-
-
-
77 286
Employee
35 319
-
142 573
-
income
6 081
-
28 176
-
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.

2 472
-
9 979
-
health
495
-
1 995
-
unemployment
353
-
1 425
-
total
9 401
-
41 575
-
Employer
35 319
-
142 573
-
other
1 767
-
7 129
-
unemployment
353
-
1 425
-
health
495
-
1 995
-
accident
282
-
1 141
-
pensions

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

6 005
-
24 237
-
total
8 902
-
35 927
-
Corporate
134 280
178 500
-
-
income
28 198
37 485
-
-
total
28 198
37 485
-
-
Dividends
106 082
141 015
-
-
withholding
7 426
9 870
-
-
total
7 426
9 870
-
-
Income
178 500
178 500
178 500
178 500
Total tax
53 927
47 355
77 502
77 286
After tax
124 573
131 145
100 998
101 214
Living cost
25 919
25 919
25 919
25 919
Free-cash
98 654
105 226
75 079
75 295

Estimated living cost  is ₽25919 per week

₽18313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37017
₽51332
₽53128
₽55856
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 898
pensions
-
-
-
8 859
total
-
-
-
60 757
Employee
91 421
-
155 852
-
income
16 480
-
41 157
-
health
1 506
-
2 228
-
pensions
8 820
-
10 835
-
total
26 806
-
54 220
-
Employer
91 421
-
155 852
-
health
1 736
-
2 962
-
pensions
10 794
-
19 686
-
total
12 530
-
22 648
-
Corporate
74 549
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.

14 165
33 914
-
-
total
14 165
33 914
-
-
Dividends
60 385
144 586
-
-
withholding
4 528
28 639
-
-
total
4 528
28 639
-
-
Income
178 500
178 500
178 500
178 500
Total tax
58 029
62 553
76 868
60 757
After tax
120 471
115 947
101 632
117 743
Living cost
64 615
64 615
64 615
64 615
Free-cash
55 856
51 332
37 017
53 128

Estimated living cost  is ₽64615 per week

₽48417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽137242
₽140007
₽130146
₽135540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 863
income
-
-
-
26 775
pensions

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

-
-
-
4 972
unemployment
-
-
-
134
total
-
-
-
35 744
Employee
16 697
-
171 909
-
income
1 669
-
17 191
-
accident

We are using the highest rate at 1.1%.

184
-
370
-
pensions

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

1 466
-
2 950
-
health
768
-
1 545
-
total
4 087
-
22 056
-
Employer
16 697
-
171 909
-
unemployment
100
-
202
-
health
1 152
-
2 318
-
accident

We are using the highest rate at 1.1%.

184
-
370
-
pensions

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

1 840
-
3 702
-
total
3 276
-
6 592
-
Corporate
158 527
178 500
-
-
income
15 853
17 850
-
-
total
15 853
17 850
-
-
Dividends
142 674
160 650
-
-
withholding
7 134
8 033
-
-
total
7 134
8 033
-
-
Income
178 500
178 500
178 500
178 500
Total tax
30 350
25 883
28 648
35 744
After tax
148 150
152 617
149 852
142 756
Living cost
12 610
12 610
12 610
12 610
Free-cash
135 540
140 007
137 242
130 146

Estimated living cost  is ₽12610 per week

₽7362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽901
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.
₽4014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58359
₽34543
₽44110
₽36988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 995
income
-
-
-
57 059
pensions
-
-
-
11 397
total
-
-
-
80 451
Employee
90 184
83 067
160 423
-
income

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

13 597
13 597
24 733
-
pensions
11 397
11 397
11 397
-
health
11 251
10 845
11 995
-
total
36 245
35 839
48 125
-
Employer
90 184
83 067
160 423
-
unemployment
3 247
2 990
3 716
-
health
6 267
5 774
7 175
-
pensions
6 276
5 781
7 186
-
total
15 790
14 545
18 077
-
Corporate
72 526
80 887
-
-
income
14 505
16 178
-
-
total
14 505
16 178
-
-
Dividends
58 020
64 709
-
-
income
12 329
13 750
-
-
withholding
8 704
9 706
-
-
total
21 033
23 456
-
-
Income
178 500
178 500
178 500
178 500
Total tax
87 573
90 018
66 202
80 451
After tax
90 927
88 482
112 298
98 049
Living cost
53 939
53 939
53 939
53 939
Free-cash
36 988
34 543
58 359
44 110

Estimated living cost  is ₽53939 per week

₽39789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4818
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69881
₽98875
₽77738
₽90307
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 566
health
-
-
-
24 097
income
-
-
-
17 975
solidarity contribution
-
-
-
102
total
-
-
-
76 740
Employee
35 326
-
136 611
-
social contributions
2 296
-
7 695
-
solidarity contribution
-
-
-
-
income
4 239
-
16 571
-
health
4 769
-
18 442
-
total
11 304
-
42 708
-
Employer
35 326
-
136 611
-
health
3 179
-
12 295
-
social contributions
8 831
-
29 594
-
total
12 010
-
41 889
-
Corporate
131 163
178 500
-
-
income
24 921
33 915
-
-
total
24 921
33 915
-
-
Dividends
106 242
144 585
-
-
withholding
15 936
21 688
-
-
total
15 936
21 688
-
-
Income
178 500
178 500
178 500
178 500
Total tax
64 171
55 603
84 597
76 740
After tax
114 329
122 897
93 903
101 760
Living cost
24 022
24 022
24 022
24 022
Free-cash
90 307
98 875
69 881
77 738

Estimated living cost  is ₽24022 per week

₽16686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35781
₽54192
₽43845
₽49111
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 910
national
-
-
-
44 524
regional
-
-
-
2 114
municipal
-
-
-
1 061
total
-
-
-
93 609
Employee
86 450
-
178 500
-
social contributions
29 151
-
60 190
-
municipal
458
-
947
-
national
14 980
-
38 669
-
regional
816
-
1 867
-
total
45 405
-
101 673
-
Employer
86 450
-
178 500
-
total
-
-
-
-
Corporate
92 050
178 500
-
-
nationa
22 092
42 840
-
-
municipal
3 590
6 961
-
-
total
25 682
49 801
-
-
Dividends
66 368
128 699
-
-
withholding
17 256
33 461
-
-
total
17 256
33 461
-
-
Income
178 500
178 500
178 500
178 500
Total tax
88 343
83 262
101 673
93 609
After tax
90 157
95 238
76 827
84 891
Living cost
41 046
41 046
41 046
41 046
Free-cash
49 111
54 192
35 781
43 845

Estimated living cost  is ₽41046 per week

₽28612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56963
₽90811
₽62908
₽87786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
9 217
income
-
-
-
50 734
pensions
-
-
-
25 965
surtax
-
-
-
7 989
unemployment
-
-
-
222
total
-
-
-
94 127
Employee
32 168
-
151 173
-
surtax
105
-
6 824
-
income
5 392
-
44 915
-
other
-
-
-
-
pensions
2 145
-
8 659
-
health
821
-
3 310
-
unemployment
2 239
-
9 036
-
total
10 702
-
72 744
-
Employer
32 168
-
151 173
-
other
-
-
-
-
unemployment
1 019
-
4 115
-
health
1 464
-
5 907
-
pensions
4 288
-
17 306
-
total
6 771
-
27 328
-
Corporate
139 562
178 500
-
-
income
36 285
46 410
-
-
total
36 285
46 410
-
-
Dividends
103 276
132 090
-
-
withholding
15 491
19 814
-
-
total
15 491
19 814
-
-
Income
178 500
178 500
178 500
178 500
Total tax
69 249
66 224
100 072
94 127
After tax
109 251
112 276
78 428
84 373
Living cost
21 465
21 465
21 465
21 465
Free-cash
87 786
90 811
56 963
62 908

Estimated living cost  is ₽21465 per week

₽13125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57489
₽71804
₽73600
₽78187
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 898
pensions
-
-
-
8 859
total
-
-
-
60 757
Employee
61 268
-
155 852
-
income
11 035
-
41 157
-
health
889
-
2 228
-
pensions
5 200
-
10 835
-
total
17 124
-
54 220
-
Employer
61 268
-
155 852
-
health
1 164
-
2 962
-
pensions
6 632
-
19 686
-
total
7 796
-
22 648
-
Corporate
109 436
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.

20 793
33 914
-
-
total
20 793
33 914
-
-
Dividends
88 644
144 586
-
-
withholding
10 457
28 639
-
-
total
10 457
28 639
-
-
Income
178 500
178 500
178 500
178 500
Total tax
56 170
62 553
76 868
60 757
After tax
122 330
115 947
101 632
117 743
Living cost
44 143
44 143
44 143
44 143
Free-cash
78 187
71 804
57 489
73 600

Estimated living cost  is ₽44143 per week

₽33072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽57556
₽2841
₽65789
₽36550
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
401
pensions
-
-
-
16 422
city
-
-
-
1 882
national
-
-
-
2 897
regional
-
-
-
8 757
total
-
-
-
33 928
Employee
92 196
-
159 765
-
national
436
-
2 145
-
city
989
-
1 716
-
pensions
7 746
-
13 421
-
health
208
-
360
-
regional
3 019
-
7 543
-
unemployment
-
-
-
-
total
12 398
-
25 185
-
Employer
92 196
-
159 765
-
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.

1 843
-
3 195
-
unemployment
-
-
-
-
health
208
-
360
-
pensions
7 746
-
13 421
-
total
9 797
-
16 976
-
Corporate
75 493
178 500
-
-
regional
15 967
37 753
-
-
national
6 416
15 172
-
-
total
22 383
52 925
-
-
Dividends
53 110
125 575
-
-
withholding
18 589
43 951
-
-
total
18 589
43 951
-
-
Income
178 500
178 500
178 500
178 500
Total tax
63 167
96 876
42 161
33 928
After tax
115 333
81 624
136 339
144 572
Living cost
78 783
78 783
78 783
78 783
Free-cash
36 550
2 841
57 556
65 789

Estimated living cost  is ₽78783 per week

₽51231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽967
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽68244
₽43619
₽45388
₽59395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 645
income

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

-
-
-
55 971
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.

-
-
-
3 079
trade
-
-
-
22 856
total
-
-
-
88 551
Employee

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

58 459
-
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.

378
-
3 079
-
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.

6 874
-
55 971
-
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.

6 645
-
6 645
-
total
13 897
-
65 695
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
120 041
178 500
-
-
chamber of commerce
318
399
-
-
surtax

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

989
1 473
-
-
trade
20 588
30 613
-
-
income
18 005
26 775
-
-
total
39 900
59 260
-
-
Dividends
80 141
119 240
-
-
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.

1 082
1 619
-
-
withholding
19 665
29 441
-
-
total
20 747
31 060
-
-
Income
178 500
178 500
178 500
178 500
Total tax
74 544
90 320
65 695
88 551
After tax
103 956
88 180
112 805
89 949
Living cost
44 561
44 561
44 561
44 561
Free-cash
59 395
43 619
68 244
45 388

Estimated living cost  is ₽44561 per week

₽32546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63992
₽56684
₽67192
₽62428
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 534
social contributions
-
-
-
5 086
health
-
-
-
7 771
income
-
-
-
28 490
pensions
-
-
-
31 147
surtax
-
-
-
-
total
-
-
-
78 028
Employee
41 631
-
137 915
-
surtax
-
-
-
-
social contributions
1 187
-
3 930
-
income
2 457
-
27 029
-
pensions
4 707
-
9 686
-
total
8 351
-
40 645
-
Employer
41 631
-
137 915
-
other
1 436
-
5 420
-
unemployment
1 685
-
5 586
-
health
2 915
-
12 875
-
pensions
6 839
-
16 289
-
social contributions
126
-
413
-
total
13 001
-
40 583
-
Corporate
123 868
178 500
-
-
surtax
-
-
-
-
income
34 683
49 980
-
-
total
34 683
49 980
-
-
Dividends
89 185
128 520
-
-
social contributions
15 342
22 105
-
-
surtax
-
-
-
-
withholding
11 415
16 451
-
-
total
26 757
38 556
-
-
Income
178 500
178 500
178 500
178 500
Total tax
82 792
88 536
81 228
78 028
After tax
95 708
89 964
97 272
100 472
Living cost
33 280
33 280
33 280
33 280
Free-cash
62 428
56 684
63 992
67 192

Estimated living cost  is ₽33280 per week

₽20985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67289
₽59981
₽70489
₽65386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 534
social contributions
-
-
-
5 086
health
-
-
-
7 771
income
-
-
-
28 490
pensions
-
-
-
31 147
surtax
-
-
-
-
total
-
-
-
78 028
Employee
37 162
-
137 915
-
surtax
-
-
-
-
social contributions
1 060
-
3 930
-
income
1 916
-
27 029
-
pensions
4 203
-
9 686
-
total
7 179
-
40 645
-
Employer
37 162
-
137 915
-
other
1 283
-
5 420
-
unemployment
1 504
-
5 586
-
health
2 601
-
12 875
-
pensions
6 106
-
16 289
-
social contributions
111
-
413
-
total
11 605
-
40 583
-
Corporate
129 733
178 500
-
-
surtax
-
-
-
-
income
36 326
49 980
-
-
total
36 326
49 980
-
-
Dividends
93 407
128 520
-
-
social contributions
16 065
22 105
-
-
surtax
-
-
-
-
withholding
11 956
16 451
-
-
total
28 021
38 556
-
-
Income
178 500
178 500
178 500
178 500
Total tax
83 131
88 536
81 228
78 028
After tax
95 369
89 964
97 272
100 472
Living cost
29 983
29 983
29 983
29 983
Free-cash
65 386
59 981
67 289
70 489

Estimated living cost  is ₽29983 per week

₽17389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90116
₽88275
₽94007
₽88778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 632
health
-
-
-
12 460
income
-
-
-
26 775
total
-
-
-
63 867
Employee
32 981
-
178 500
-
social contributions
4 552
-
24 632
-
income
5 501
-
30 666
-
health
2 302
-
12 460
-
total
12 355
-
67 758
-
Employer
32 981
-
178 500
-
total
-
-
-
-
Corporate
145 519
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%.

7 277
8 925
-
-
total
7 277
8 925
-
-
Dividends
138 242
169 575
-
-
social contributions
19 078
23 401
-
-
withholding
20 737
25 437
-
-
health
9 649
11 836
-
-
total
49 464
60 674
-
-
Income
178 500
178 500
178 500
178 500
Total tax
69 096
69 599
67 758
63 867
After tax
109 404
108 901
110 742
114 633
Living cost
20 626
20 626
20 626
20 626
Free-cash
88 778
88 275
90 116
94 007

Estimated living cost  is ₽20626 per week

₽13804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1272
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12946
₽64419
₽57360
₽62917
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 692
income
-
-
-
50 278
chamber of commerce
-
-
-
714
pensions
-
-
-
21 023
surtax
-
-
-
192
unemployment
-
-
-
5 966
total
-
-
-
86 865
Employee
48 613
38 765
143 429
-
income
5 534
2 859
40 694
-
other
485
388
1 137
-
pensions
4 978
3 969
11 637
-
health
1 881
1 501
4 397
-
unemployment
1 458
1 163
3 409
-
total
14 336
9 880
61 274
-
Employer
48 613
38 765
143 429
-
other
2 309
1 840
6 559
-
unemployment
1 458
1 163
3 409
-
health
1 837
1 466
4 295
-
surtax
192
192
192
-
accident
631
504
1 477
-
pensions
6 101
4 866
14 262
-
payroll
1 458
1 163
4 303
-
chamber of commerce
194
155
574
-
total
14 180
11 349
35 071
-
Corporate
115 707
128 387
139 737
-
income

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

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

28 928
32 097
34 934
-
total
28 928
32 097
34 934
-
Dividends
86 779
96 290
-
-
withholding
23 864
26 480
-
-
total
23 864
26 480
-
-
Income
178 500
178 500
178 500
178 500
Total tax
81 308
79 806
131 279
86 865
After tax
97 192
98 694
47 221
91 635
Living cost
34 275
34 275
34 275
34 275
Free-cash
62 917
64 419
12 946
57 360

Estimated living cost  is ₽34275 per week

₽22860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7928
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26976
₽64347
₽41964
₽49760
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 252
communal

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

-
-
-
9 256
national
-
-
-
67 561
total
-
-
-
101 069
Employee

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

69 580
-
138 253
-
national
21 392
-
50 529
-
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.

5 218
-
10 369
-
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.

3 269
-
6 498
-
communal

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

3 629
-
7 210
-
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.

605
-
1 204
-
total
34 113
-
75 810
-
Employer

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

69 580
-
138 253
-
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.

1 015
-
2 018
-
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.

4 279
-
8 502
-
surtax
7 890
-
15 679
-
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.

905
-
1 798
-
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.

6 165
-
12 250
-
total
20 254
-
40 247
-
Corporate
88 667
178 500
-
-
surtax
354
714
-
-
income
17 734
35 700
-
-
total
18 088
36 414
-
-
Dividends
70 578
142 085
-
-
withholding

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

20 818
42 272
-
-
total
20 818
42 272
-
-
Income
178 500
178 500
178 500
178 500
Total tax
93 273
78 686
116 057
101 069
After tax
85 227
99 814
62 443
77 431
Living cost
35 467
35 467
35 467
35 467
Free-cash
49 760
64 347
26 976
41 964

Estimated living cost  is ₽35467 per week

₽22845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60884
₽83766
₽64966
₽77103
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90
accident
-
-
-
812
income
-
-
-
51 358
pensions
-
-
-
25 514
unemployment
-
-
-
631
total
-
-
-
78 405
Employee
48 420
-
149 757
-
income
10 216
-
48 019
-
other
48
-
90
-
pensions
2 276
-
4 238
-
unemployment
751
-
1 397
-
total
13 291
-
53 744
-
Employer
48 420
-
149 757
-
other
386
-
722
-
unemployment
2 664
-
4 958
-
accident
958
-
1 785
-
pensions
11 426
-
21 278
-
total
15 434
-
28 743
-
Corporate
114 646
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.

17 197
26 775
-
-
total
17 197
26 775
-
-
Dividends
97 449
151 725
-
-
withholding
20 346
32 830
-
-
total
20 346
32 830
-
-
Income
178 500
178 500
178 500
178 500
Total tax
66 268
59 605
82 487
78 405
After tax
112 232
118 895
96 013
100 095
Living cost
35 129
35 129
35 129
35 129
Free-cash
77 103
83 766
60 884
64 966

Estimated living cost  is ₽35129 per week

₽25869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41705
₽51053
₽34591
₽38383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 541
accident
-
-
-
1 504
income
-
-
-
30 118
pensions
-
-
-
26 755
communal
-
-
-
11 280
surtax
-
-
-
8 849
total
-
-
-
91 047
Employee
73 664
-
159 446
-
surtax
4 515
-
9 772
-
income
7 115
-
35 257
-
pensions
5 892
-
12 755
-
health
3 278
-
7 096
-
total
20 800
-
64 880
-
Employer
73 664
-
159 446
-
health
2 247
-
4 864
-
accident
663
-
1 434
-
pensions
5 892
-
12 755
-
total
8 802
-
19 053
-
Corporate
96 035
178 500
-
-
surtax
1 008
1 874
-
-
income
14 406
26 775
-
-
communal
6 483
12 048
-
-
total
21 897
40 697
-
-
Dividends
74 138
137 803
-
-
income
24 636
13 217
-
-
withholding
11 120
20 671
-
-
total
35 756
33 888
-
-
Income
178 500
178 500
178 500
178 500
Total tax
87 255
74 585
83 933
91 047
After tax
91 245
103 915
94 567
87 453
Living cost
52 862
52 862
52 862
52 862
Free-cash
38 383
51 053
41 705
34 591

Estimated living cost  is ₽52862 per week

₽39654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56579
₽90427
₽62524
₽87334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
9 217
income
-
-
-
50 734
pensions
-
-
-
25 965
surtax
-
-
-
7 989
unemployment
-
-
-
222
total
-
-
-
94 127
Employee
32 758
-
151 173
-
surtax
116
-
6 824
-
income
5 492
-
44 915
-
other
-
-
-
-
pensions
2 186
-
8 659
-
health
836
-
3 310
-
unemployment
2 280
-
9 036
-
total
10 910
-
72 744
-
Employer
32 758
-
151 173
-
other
-
-
-
-
unemployment
1 039
-
4 115
-
health
1 490
-
5 907
-
pensions
4 367
-
17 306
-
total
6 896
-
27 328
-
Corporate
138 846
178 500
-
-
income
36 099
46 410
-
-
total
36 099
46 410
-
-
Dividends
102 747
132 090
-
-
withholding
15 412
19 814
-
-
total
15 412
19 814
-
-
Income
178 500
178 500
178 500
178 500
Total tax
69 317
66 224
100 072
94 127
After tax
109 183
112 276
78 428
84 373
Living cost
21 849
21 849
21 849
21 849
Free-cash
87 334
90 427
56 579
62 524

Estimated living cost  is ₽21849 per week

₽13191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50089
₽67620
₽58110
₽65463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 910
national
-
-
-
44 524
regional
-
-
-
2 692
municipal
-
-
-
1 061
total
-
-
-
94 187
Employee
53 959
-
178 500
-
social contributions
18 195
-
60 190
-
municipal
286
-
947
-
national
8 549
-
38 669
-
regional
726
-
2 402
-
total
27 756
-
102 208
-
Employer
53 959
-
178 500
-
total
-
-
-
-
Corporate
124 541
178 500
-
-
nationa
29 889
42 840
-
-
municipal
6 189
8 872
-
-
total
36 078
51 712
-
-
Dividends
88 463
126 788
-
-
withholding
23 000
32 965
-
-
total
23 000
32 965
-
-
Income
178 500
178 500
178 500
178 500
Total tax
86 834
84 677
102 208
94 187
After tax
91 666
93 823
76 292
84 313
Living cost
26 203
26 203
26 203
26 203
Free-cash
65 463
67 620
50 089
58 110

Estimated living cost  is ₽26203 per week

₽16296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64302
₽93296
₽72159
₽82736
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 566
health
-
-
-
24 097
income
-
-
-
17 975
solidarity contribution
-
-
-
102
total
-
-
-
76 740
Employee
43 531
-
136 611
-
social contributions
2 829
-
7 695
-
solidarity contribution
-
-
-
-
income
5 224
-
16 571
-
health
5 877
-
18 442
-
total
13 930
-
42 708
-
Employer
43 531
-
136 611
-
health
3 918
-
12 295
-
social contributions
10 883
-
29 594
-
total
14 801
-
41 889
-
Corporate
120 169
178 500
-
-
income
22 832
33 915
-
-
total
22 832
33 915
-
-
Dividends
97 337
144 585
-
-
withholding
14 600
21 688
-
-
total
14 600
21 688
-
-
Income
178 500
178 500
178 500
178 500
Total tax
66 163
55 603
84 597
76 740
After tax
112 337
122 897
93 903
101 760
Living cost
29 601
29 601
29 601
29 601
Free-cash
82 736
93 296
64 302
72 159

Estimated living cost  is ₽29601 per week

₽22013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽16239
₽67766
₽60794
₽67282
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 692
income
-
-
-
50 278
chamber of commerce
-
-
-
714
pensions
-
-
-
21 023
surtax
-
-
-
-
unemployment
-
-
-
5 966
total
-
-
-
86 673
Employee
42 521
38 765
143 608
-
income
3 788
2 859
40 778
-
other
425
388
1 137
-
pensions
4 355
3 969
11 637
-
health
1 645
1 501
4 397
-
unemployment
1 276
1 163
3 409
-
total
11 489
9 880
61 358
-
Employer
42 521
38 765
143 608
-
other
2 019
1 840
6 566
-
unemployment
1 276
1 163
3 409
-
health
1 608
1 466
4 295
-
surtax
-
-
-
-
accident
552
504
1 477
-
pensions
5 337
4 866
14 262
-
payroll
1 276
1 163
4 308
-
chamber of commerce
170
155
574
-
total
12 238
11 157
34 891
-
Corporate
123 743
128 579
139 916
-
income

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

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

30 936
32 145
34 979
-
total
30 936
32 145
34 979
-
Dividends
92 807
96 434
-
-
withholding
25 522
26 519
-
-
total
25 522
26 519
-
-
Income
178 500
178 500
178 500
178 500
Total tax
80 185
79 701
131 228
86 673
After tax
98 315
98 799
47 272
91 827
Living cost
31 033
31 033
31 033
31 033
Free-cash
67 282
67 766
16 239
60 794

Estimated living cost  is ₽31033 per week

₽18616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3169
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8694
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130343
₽157118
₽164258
₽154783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 571
-
178 500
-
income
3 114
-
35 700
-
total
3 114
-
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%.

162 929
178 500
-
-
total
-
-
-
-
Dividends
162 929
178 500
-
-
withholding
8 146
8 925
-
-
total
8 146
8 925
-
-
Income
178 500
178 500
178 500
178 500
Total tax
11 260
8 925
35 700
1 785
After tax
167 240
169 575
142 800
176 715
Living cost
12 457
12 457
12 457
12 457
Free-cash
154 783
157 118
130 343
164 258

Estimated living cost  is ₽12457 per week

₽8429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55999
₽96806
₽60726
₽88669
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
17 564
income
-
-
-
41 252
pensions
-
-
-
32 599
unemployment
-
-
-
268
total
-
-
-
91 683
Employee

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

43 014
-
154 451
-
income
7 418
-
38 229
-
pensions
6 668
-
23 940
-
health
2 778
-
9 977
-
unemployment
61
-
216
-
total
16 925
-
72 362
-
Employer

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

43 014
-
154 451
-
unemployment
26
-
92
-
health
2 865
-
10 287
-
pensions
3 806
-
13 669
-
total
6 697
-
24 048
-
Corporate
128 789
178 500
-
-
income
24 470
33 915
-
-
total
24 470
33 915
-
-
Dividends
104 319
144 585
-
-
withholding
15 648
21 688
-
-
total
15 648
21 688
-
-
Income
178 500
178 500
178 500
178 500
Total tax
63 740
55 603
96 410
91 683
After tax
114 760
122 897
82 090
86 817
Living cost
26 091
26 091
26 091
26 091
Free-cash
88 669
96 806
55 999
60 726

Estimated living cost  is ₽26091 per week

₽17906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6009
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120336
₽64025
₽78784
₽14887
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 349
income
-
-
-
34 793
total
-
-
-
55 142
Employee
63 913
-
-
-
social contributions
5 241
-
747
-
income
14 098
-
-
-
total
19 339
-
747
-
Employer
63 913
-
-
-
social contributions
90 118
-
12 843
-
total
90 118
-
12 843
-
Corporate
24 469
178 500
-
-
income
5 383
39 270
-
-
total
5 383
39 270
-
-
Dividends
19 086
139 230
-
-
income
4 199
30 631
-
-
total
4 199
30 631
-
-
Income
178 500
178 500
178 500
178 500
Total tax
119 039
69 901
13 590
55 142
After tax
59 461
108 599
164 910
123 358
Living cost
44 574
44 574
44 574
44 574
Free-cash
14 887
64 025
120 336
78 784

Estimated living cost  is ₽44574 per week

₽28922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51093
₽71019
₽64626
₽70040
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
62 029
income
-
-
-
21 334
surtax
-
-
-
-
total
-
-
-
83 363
Employee
44 738
-
144 241
-
surtax
-
-
-
-
social contributions
4 921
-
15 866
-
income
9 306
-
46 773
-
total
14 227
-
62 639
-
Employer
44 738
-
144 241
-
social contributions
10 625
-
34 257
-
total
10 625
-
34 257
-
Corporate
123 137
178 500
-
-
surtax
-
-
-
-
income
25 860
37 485
-
-
total
25 860
37 485
-
-
Dividends
97 277
141 015
-
-
withholding
27 237
39 485
-
-
total
27 237
39 485
-
-
Income
178 500
178 500
178 500
178 500
Total tax
77 949
76 970
96 896
83 363
After tax
100 551
101 530
81 604
95 137
Living cost
30 511
30 511
30 511
30 511
Free-cash
70 040
71 019
51 093
64 626

Estimated living cost  is ₽30511 per week

₽22829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50291
₽42983
₽53491
₽49671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 534
social contributions
-
-
-
5 086
health
-
-
-
7 771
income
-
-
-
28 490
pensions
-
-
-
31 147
surtax
-
-
-
-
total
-
-
-
78 028
Employee
60 924
-
137 915
-
surtax
-
-
-
-
social contributions
1 735
-
3 930
-
income
5 316
-
27 029
-
pensions
6 891
-
9 686
-
total
13 942
-
40 645
-
Employer
60 924
-
137 915
-
other
2 103
-
5 420
-
unemployment
2 468
-
5 586
-
health
4 264
-
12 875
-
pensions
10 010
-
16 289
-
social contributions
183
-
413
-
total
19 028
-
40 583
-
Corporate
98 548
178 500
-
-
surtax
-
-
-
-
income
27 593
49 980
-
-
total
27 593
49 980
-
-
Dividends
70 955
128 520
-
-
social contributions
12 203
22 105
-
-
surtax
-
-
-
-
withholding
9 082
16 451
-
-
total
21 285
38 556
-
-
Income
178 500
178 500
178 500
178 500
Total tax
81 848
88 536
81 228
78 028
After tax
96 652
89 964
97 272
100 472
Living cost
46 981
46 981
46 981
46 981
Free-cash
49 671
42 983
50 291
53 491

Estimated living cost  is ₽46981 per week

₽31796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽644
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10697
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106716
₽131410
₽101973
₽128143
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 017
social contributions
-
-
-
39 270
total
-
-
-
47 287
Employee
31 272
-
154 545
-
income
-
-
8 543
-
social contributions
2 032
-
10 046
-
total
2 032
-
18 589
-
Employer
31 272
-
154 545
-
social contributions
4 847
-
23 955
-
total
4 847
-
23 955
-
Corporate
142 380
178 500
-
-
income
14 238
17 850
-
-
total
14 238
17 850
-
-
Dividends
128 143
160 650
-
-
total
-
-
-
-
Income
178 500
178 500
178 500
178 500
Total tax
21 117
17 850
42 544
47 287
After tax
157 383
160 650
135 956
131 213
Living cost
29 240
29 240
29 240
29 240
Free-cash
128 143
131 410
106 716
101 973

Estimated living cost  is ₽29240 per week

₽18906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2204
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7579
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33083
-₽33083
₽58076
-₽33083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
842
national
-
-
-
21 197
municipal
-
-
-
37 403
total
-
-
-
73 655
Employee
197 399
197 399
197 399
-
labour market
15 769
15 769
15 769
-
municipal
42 035
42 035
42 035
-
national
24 116
24 116
24 116
-
pensions
281
281
281
-
total
82 201
82 201
82 201
-
Employer
197 399
197 399
197 399
-
national
24 158
24 158
24 158
-
labour market
15 792
15 792
15 792
-
pensions
561
561
561
-
municipal
42 102
42 102
42 102
-
total
82 613
82 613
82 613
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
178 500
178 500
178 500
178 500
Total tax
164 814
164 814
164 814
73 655
After tax
13 686
13 686
13 686
104 845
Living cost
46 769
46 769
46 769
46 769
Free-cash
-33 083
-33 083
-33 083
58 076

Estimated living cost  is ₽46769 per week

₽32009
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽719
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75929
-₽6777
₽100766
₽11199
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
49 675
pensions
-
-
-
4 076
total
-
-
-
56 498
Employee
33 406
-
161 070
-
income
4 583
-
37 987
-
pensions
3 762
-
7 475
-
health
3 825
-
18 443
-
total
12 170
-
63 905
-
Employer
33 406
-
161 070
-
unemployment
819
-
3 946
-
accident
558
-
2 690
-
pensions
5 432
-
10 794
-
total
6 809
-
17 430
-
Corporate
138 286
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.

124 458
160 650
-
-
total
124 458
160 650
-
-
Dividends
13 828
17 850
-
-
withholding
2 628
3 391
-
-
total
2 628
3 391
-
-
Income
178 500
178 500
178 500
178 500
Total tax
146 065
164 041
81 335
56 498
After tax
32 435
14 459
97 165
122 002
Living cost
21 236
21 236
21 236
21 236
Free-cash
11 199
-6 777
75 929
100 766

Estimated living cost  is ₽21236 per week

₽15458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55839
₽74063
₽76745
₽76680
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 342
national
-
-
-
30 359
municipal
-
-
-
31 708
total
-
-
-
64 409
Employee
51 177
-
150 165
-
municipal
8 382
-
24 457
-
national
845
-
18 228
-
pensions
3 454
-
10 136
-
health
382
-
1 907
-
unemployment
768
-
2 252
-
total
13 831
-
56 980
-
Employer
51 177
-
150 165
-
unemployment
332
-
976
-
health
393
-
1 156
-
accident
52
-
150
-
pensions
8 879
-
26 053
-
total
9 656
-
28 335
-
Corporate
117 667
178 500
-
-
income
23 534
35 700
-
-
total
23 534
35 700
-
-
Dividends

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

70 600
107 100
-
-
national
4 746
12 114
-
-
municipal
12 707
19 277
-
-
total
17 453
31 391
-
-
Income
178 500
178 500
178 500
178 500
Total tax
64 474
67 091
85 315
64 409
After tax
114 026
111 409
93 185
114 091
Living cost
37 346
37 346
37 346
37 346
Free-cash
76 680
74 063
55 839
76 745

Estimated living cost  is ₽37346 per week

₽24394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97576
₽107673
₽99127
₽102379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 738
health
-
-
-
4 552
income
-
-
-
36 562
total
-
-
-
56 852
Employee
74 798
74 798
167 037
-
social contributions
2 828
6 208
8 373
-
income
8 144
6 924
35 728
-
health
580
1 272
2 839
-
total
11 552
14 404
46 940
-
Employer
74 798
74 798
167 037
-
health
629
1 384
3 090
-
social contributions
2 828
6 208
8 373
-
total
3 457
7 592
11 463
-
Corporate
140 969
96 110
-
-
income
17 621
12 013
-
-
total
17 621
12 013
-
-
Dividends
123 348
84 096
-
-
withholding
20 970
14 297
-
-
total
20 970
14 297
-
-
Income
178 500
178 500
178 500
178 500
Total tax
53 600
48 306
58 403
56 852
After tax
124 900
130 194
120 097
121 648
Living cost
22 521
22 521
22 521
22 521
Free-cash
102 379
107 673
97 576
99 127

Estimated living cost  is ₽22521 per week

₽13497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115591
₽132371
₽135100
₽127422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 520
income
-
-
-
18 220
pensions
-
-
-
6 188
unemployment
-
-
-
28
total
-
-
-
27 956
Employee

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

22 327
-
168 993
-
income
1 527
-
15 809
-
pensions
3 349
-
13 844
-
health
1 898
-
7 845
-
unemployment
111
-
461
-
total
6 885
-
37 959
-
Employer

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

22 327
-
168 993
-
unemployment
111
-
461
-
health
960
-
3 969
-
pensions
1 228
-
5 076
-
total
2 299
-
9 506
-
Corporate
153 874
178 500
-
-
income
13 848
16 065
-
-
total
13 848
16 065
-
-
Dividends
140 026
162 435
-
-
withholding
12 602
14 620
-
-
total
12 602
14 620
-
-
Income
178 500
178 500
178 500
178 500
Total tax
35 634
30 685
47 465
27 956
After tax
142 866
147 815
131 035
150 544
Living cost
15 444
15 444
15 444
15 444
Free-cash
127 422
132 371
115 591
135 100

Estimated living cost  is ₽15444 per week

₽9854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1113
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.
₽4017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69264
₽92146
₽73346
₽87851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90
accident
-
-
-
812
income
-
-
-
51 358
pensions
-
-
-
25 514
unemployment
-
-
-
631
total
-
-
-
78 405
Employee
35 967
-
149 757
-
income
6 934
-
48 019
-
other
35
-
90
-
pensions
1 691
-
4 238
-
unemployment
557
-
1 397
-
total
9 217
-
53 744
-
Employer
35 967
-
149 757
-
other
288
-
722
-
unemployment
1 979
-
4 958
-
accident
713
-
1 785
-
pensions
8 488
-
21 278
-
total
11 468
-
28 743
-
Corporate
131 066
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.

19 659
26 775
-
-
total
19 659
26 775
-
-
Dividends
111 406
151 725
-
-
withholding
23 556
32 830
-
-
total
23 556
32 830
-
-
Income
178 500
178 500
178 500
178 500
Total tax
63 900
59 605
82 487
78 405
After tax
114 600
118 895
96 013
100 095
Living cost
26 749
26 749
26 749
26 749
Free-cash
87 851
92 146
69 264
73 346

Estimated living cost  is ₽26749 per week

₽18055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
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.
₽5654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113033
₽109580
₽113162
₽109285
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
954
income
-
-
-
61 264
pensions
-
-
-
1 316
total
-
-
-
63 534
Employee
2 748
-
177 020
-
income
532
-
61 195
-
pensions
247
-
592
-
health
137
-
329
-
unemployment
27
-
66
-
total
943
-
62 182
-
Employer
2 748
-
177 020
-
unemployment
55
-
132
-
health
261
-
625
-
pensions
302
-
724
-
total
618
-
1 481
-
Corporate
175 134
178 500
-
-
income
38 529
39 270
-
-
total
38 529
39 270
-
-
Dividends
136 605
139 230
-
-
withholding
27 321
27 846
-
-
total
27 321
27 846
-
-
Income
178 500
178 500
178 500
178 500
Total tax
67 411
67 116
63 663
63 534
After tax
111 089
111 384
114 837
114 966
Living cost
1 804
1 804
1 804
1 804
Free-cash
109 285
109 580
113 033
113 162

Estimated living cost  is ₽1804 per week

₽1072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94116
₽112217
₽94116
₽107452
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 372
income
-
-
-
40 580
pensions
-
-
-
18 609
unemployment
-
-
-
1 074
total
-
-
-
67 635
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.

25 256
-
165 688
-
income
3 481
-
40 580
-
pensions
3 536
-
10 020
-
health
1 301
-
3 686
-
unemployment
189
-
537
-
total
8 507
-
54 823
-
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.

25 256
-
165 688
-
unemployment
189
-
537
-
health
1 301
-
3 686
-
pensions
3 031
-
8 589
-
total
4 521
-
12 812
-
Corporate
148 723
178 500
-
-
income
22 309
26 775
-
-
total
22 309
26 775
-
-
Dividends
126 415
151 725
-
-
withholding
18 962
22 759
-
-
total
18 962
22 759
-
-
Income
178 500
178 500
178 500
178 500
Total tax
54 299
49 534
67 635
67 635
After tax
124 201
128 966
110 865
110 865
Living cost
16 749
16 749
16 749
16 749
Free-cash
107 452
112 217
94 116
94 116

Estimated living cost  is ₽16749 per week

₽11277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3692
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55380
₽75306
₽68913
₽74957
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
62 029
income
-
-
-
21 334
surtax
-
-
-
-
total
-
-
-
83 363
Employee
37 754
-
144 241
-
surtax
-
-
-
-
social contributions
4 153
-
15 866
-
income
7 377
-
46 773
-
total
11 530
-
62 639
-
Employer
37 754
-
144 241
-
social contributions
8 966
-
34 257
-
total
8 966
-
34 257
-
Corporate
131 781
178 500
-
-
surtax
-
-
-
-
income
27 674
37 485
-
-
total
27 674
37 485
-
-
Dividends
104 106
141 015
-
-
withholding
29 149
39 485
-
-
total
29 149
39 485
-
-
Income
178 500
178 500
178 500
178 500
Total tax
77 319
76 970
96 896
83 363
After tax
101 181
101 530
81 604
95 137
Living cost
26 224
26 224
26 224
26 224
Free-cash
74 957
75 306
55 380
68 913

Estimated living cost  is ₽26224 per week

₽18574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61827
₽84709
₽65909
₽78345
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90
accident
-
-
-
812
income
-
-
-
51 358
pensions
-
-
-
25 514
unemployment
-
-
-
631
total
-
-
-
78 405
Employee
46 978
-
149 757
-
income
9 812
-
48 019
-
other
46
-
90
-
pensions
2 208
-
4 238
-
unemployment
727
-
1 397
-
total
12 793
-
53 744
-
Employer
46 978
-
149 757
-
other
377
-
722
-
unemployment
2 584
-
4 958
-
accident
930
-
1 785
-
pensions
11 087
-
21 278
-
total
14 978
-
28 743
-
Corporate
116 544
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.

17 481
26 775
-
-
total
17 481
26 775
-
-
Dividends
99 063
151 725
-
-
withholding
20 717
32 830
-
-
total
20 717
32 830
-
-
Income
178 500
178 500
178 500
178 500
Total tax
65 969
59 605
82 487
78 405
After tax
112 531
118 895
96 013
100 095
Living cost
34 186
34 186
34 186
34 186
Free-cash
78 345
84 709
61 827
65 909

Estimated living cost  is ₽34186 per week

₽24551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133308
₽136073
₽126212
₽130212
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 863
income
-
-
-
26 775
pensions

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

-
-
-
4 972
unemployment
-
-
-
134
total
-
-
-
35 744
Employee
21 907
-
171 909
-
income
2 191
-
17 191
-
accident

We are using the highest rate at 1.1%.

241
-
370
-
pensions

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

1 923
-
2 950
-
health
1 008
-
1 545
-
total
5 363
-
22 056
-
Employer
21 907
-
171 909
-
unemployment
132
-
202
-
health
1 512
-
2 318
-
accident

We are using the highest rate at 1.1%.

241
-
370
-
pensions

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

2 414
-
3 702
-
total
4 299
-
6 592
-
Corporate
152 294
178 500
-
-
income
15 229
17 850
-
-
total
15 229
17 850
-
-
Dividends
137 065
160 650
-
-
withholding
6 853
8 033
-
-
total
6 853
8 033
-
-
Income
178 500
178 500
178 500
178 500
Total tax
31 744
25 883
28 648
35 744
After tax
146 756
152 617
149 852
142 756
Living cost
16 544
16 544
16 544
16 544
Free-cash
130 212
136 073
133 308
126 212

Estimated living cost  is ₽16544 per week

₽10942
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.
₽4261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75251
₽54300
₽56125
₽67026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 645
income

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

-
-
-
55 971
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.

-
-
-
3 079
trade
-
-
-
19 126
total
-
-
-
84 821
Employee

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

48 399
-
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.

220
-
3 079
-
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.

3 980
-
55 971
-
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.

6 645
-
6 645
-
total
10 845
-
65 695
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 101
178 500
-
-
chamber of commerce
338
410
-
-
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.

1 072
1 473
-
-
trade
18 670
25 614
-
-
income
19 515
26 775
-
-
total
39 595
54 272
-
-
Dividends
90 506
124 228
-
-
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.

1 224
1 687
-
-
withholding
22 256
30 687
-
-
total
23 480
32 374
-
-
Income
178 500
178 500
178 500
178 500
Total tax
73 920
86 646
65 695
84 821
After tax
104 580
91 854
112 805
93 679
Living cost
37 554
37 554
37 554
37 554
Free-cash
67 026
54 300
75 251
56 125

Estimated living cost  is ₽37554 per week

₽25906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37820
₽69540
₽37820
₽71686
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 323
social contributions
-
-
-
29 946
total
-
-
-
85 269
Employee
76 089
-
178 500
-
income
14 358
-
55 323
-
social contributions
6 321
-
29 946
-
total
20 679
-
85 269
-
Employer
76 089
-
178 500
-
total
-
-
-
-
Corporate
102 411
178 500
-
-
income
12 802
22 312
-
-
total
12 802
22 312
-
-
Dividends
89 610
156 188
-
-
withholding
17 922
31 237
-
-
total
17 922
31 237
-
-
Income
178 500
178 500
178 500
178 500
Total tax
51 403
53 549
85 269
85 269
After tax
127 097
124 951
93 231
93 231
Living cost
55 411
55 411
55 411
55 411
Free-cash
71 686
69 540
37 820
37 820

Estimated living cost  is ₽55411 per week

₽42156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4515
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.
₽8211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91169
₽75575
₽109500
₽78975
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 689
health

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

-
-
-
6 001
total
-
-
-
33 690
Employee
44 623
-
174 025
-
income
4 842
-
43 071
-
social contributions
4 471
-
4 475
-
total
9 313
-
47 546
-
Employer
44 623
-
174 025
-
social contributions
4 471
-
4 475
-
total
4 471
-
4 475
-
Corporate
129 406
178 500
-
-
income
45 292
62 476
-
-
total
45 292
62 476
-
-
Dividends
84 114
116 024
-
-
social contributions
5 139
5 139
-
-
total
5 139
5 139
-
-
Income
178 500
178 500
178 500
178 500
Total tax
64 215
67 615
52 021
33 690
After tax
114 285
110 885
126 479
144 810
Living cost
35 310
35 310
35 310
35 310
Free-cash
78 975
75 575
91 169
109 500

Estimated living cost  is ₽35310 per week

₽23259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65745
₽80060
₽81856
₽85778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 898
pensions
-
-
-
8 859
total
-
-
-
60 757
Employee
49 260
-
155 852
-
income
8 971
-
41 157
-
health
643
-
2 228
-
pensions
3 760
-
10 835
-
total
13 374
-
54 220
-
Employer
49 260
-
155 852
-
health
936
-
2 962
-
pensions
4 977
-
19 686
-
total
5 913
-
22 648
-
Corporate
123 327
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.

23 433
33 914
-
-
total
23 433
33 914
-
-
Dividends
99 894
144 586
-
-
withholding
14 115
28 639
-
-
total
14 115
28 639
-
-
Income
178 500
178 500
178 500
178 500
Total tax
56 835
62 553
76 868
60 757
After tax
121 665
115 947
101 632
117 743
Living cost
35 887
35 887
35 887
35 887
Free-cash
85 778
80 060
65 745
81 856

Estimated living cost  is ₽35887 per week

₽24618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽73826
-₽8880
₽98663
₽10879
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
49 675
pensions
-
-
-
4 076
total
-
-
-
56 498
Employee
36 713
-
161 070
-
income
5 037
-
37 987
-
pensions
4 134
-
7 475
-
health
4 203
-
18 443
-
total
13 374
-
63 905
-
Employer
36 713
-
161 070
-
unemployment
899
-
3 946
-
accident
613
-
2 690
-
pensions
5 969
-
10 794
-
total
7 481
-
17 430
-
Corporate
134 306
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.

120 875
160 650
-
-
total
120 875
160 650
-
-
Dividends
13 430
17 850
-
-
withholding
2 552
3 391
-
-
total
2 552
3 391
-
-
Income
178 500
178 500
178 500
178 500
Total tax
144 282
164 041
81 335
56 498
After tax
34 218
14 459
97 165
122 002
Living cost
23 339
23 339
23 339
23 339
Free-cash
10 879
-8 880
73 826
98 663

Estimated living cost  is ₽23339 per week

₽17128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1360
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.
₽4380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114520
₽137105
₽93188
₽132566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 546
health insurance
-
-
-
11 480
work injury
-
-
-
776
pensions
-
-
-
28 545
unemployment
-
-
-
1 862
total
-
-
-
72 209
Employee

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

20 965
-
178 500
-
income
2 096
-
29 546
-
work injury
105
-
388
-
health insurance
1 551
-
5 740
-
pensions
3 858
-
14 272
-
unemployment
252
-
931
-
total
7 862
-
50 877
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
157 535
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%.

1 575
1 785
-
-
total
1 575
1 785
-
-
Dividends
155 960
176 715
-
-
withholding
23 394
26 507
-
-
total
23 394
26 507
-
-
Income
178 500
178 500
178 500
178 500
Total tax
32 831
28 292
50 877
72 209
After tax
145 669
150 208
127 623
106 291
Living cost
13 103
13 103
13 103
13 103
Free-cash
132 566
137 105
114 520
93 188

Estimated living cost  is ₽13103 per week

₽8118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3625
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36189
₽55270
₽44026
₽50844
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 910
national
-
-
-
44 524
regional
-
-
-
4 097
municipal
-
-
-
1 192
total
-
-
-
95 723
Employee
81 968
-
178 500
-
social contributions
27 639
-
60 190
-
municipal
489
-
1 065
-
national
13 852
-
38 669
-
regional
1 238
-
3 636
-
total
43 218
-
103 560
-
Employer
81 968
-
178 500
-
total
-
-
-
-
Corporate
96 532
178 500
-
-
nationa
23 168
42 840
-
-
municipal
4 654
8 604
-
-
total
27 822
51 444
-
-
Dividends
68 710
127 056
-
-
withholding
17 865
33 035
-
-
total
17 865
33 035
-
-
Income
178 500
178 500
178 500
178 500
Total tax
88 905
84 479
103 560
95 723
After tax
89 595
94 021
74 940
82 777
Living cost
38 751
38 751
38 751
38 751
Free-cash
50 844
55 270
36 189
44 026

Estimated living cost  is ₽38751 per week

₽27220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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