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
₽59720
₽82883
₽62096
₽70790
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 500
income

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

-
-
-
55 427
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.

-
-
-
3 049
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.

-
-
-
6 835
trade
-
-
-
20 787
total
-
-
-
86 098
Employee

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

38 269
-
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.

59
-
3 049
-
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.

1 069
-
55 427
-
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.

6 835
-
6 835
-
total
7 963
-
65 311
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
140 231
178 500
-
-
income
21 034
26 776
-
-
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.

1 156
1 473
-
-
chamber of commerce
353
408
-
-
trade
22 086
28 114
-
-
total
44 629
56 771
-
-
Dividends
95 602
121 728
-
-
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.

1 293
1 652
-
-
withholding
23 519
30 051
-
-
total
24 812
31 703
-
-
Income
178 500
178 500
178 500
178 500
Total tax
77 404
88 474
65 311
86 098
After tax
101 096
90 026
113 189
92 402
Living cost
30 306
30 306
30 306
30 306
Free-cash
70 790
59 720
82 883
62 096

Estimated living cost  is ₽30306 per week

₽19063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58333
₽53718
₽52360
₽57451
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
social contributions
-
-
-
1 919
municipal
-
-
-
19 513
national
-
-
-
30 237
pensions
-
-
-
21 420
total
-
-
-
73 089
Employee
82 238
-
154 312
-
municipal
10 158
-
20 204
-
pensions
3 290
-
6 172
-
national
15 740
-
31 351
-
total
29 188
-
57 727
-
Employer
82 238
-
154 312
-
pensions
6 579
-
12 345
-
social contributions
884
-
1 659
-
total
7 463
-
14 004
-
Corporate
83 371
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%.

16 674
35 700
-
-
total
16 674
35 700
-
-
Dividends
66 697
142 800
-
-
withholding
14 673
31 416
-
-
total
14 673
31 416
-
-
Income
178 500
178 500
178 500
178 500
Total tax
67 998
67 116
71 731
73 089
After tax
110 502
111 384
106 769
105 411
Living cost
53 051
53 051
53 051
53 051
Free-cash
57 451
58 333
53 718
52 360

Estimated living cost  is ₽53051 per week

₽36058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽794
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121984
₽54342
₽40974
₽113777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
178 500
income
-
-
-
32 857
surtax
-
-
-
45 518
social contributions

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

-
-
-
38 335
microenterprise
-
-
-
-
total
-
-
-
116 710
Employee
29 236
-
134 932
-
surtax
-
-
19 564
-
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.

3 216
-
13 116
-
income
5 204
-
27 094
-
total
8 420
-
59 774
-
Employer
29 236
-
134 932
-
social contributions

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

7 042
-
28 726
-
surtax
-
-
14 842
-
total
7 042
-
43 568
-
Corporate
142 221
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%.

28 445
35 700
-
-
total
28 445
35 700
-
-
Dividends

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

113 777
142 800
-
-
total
-
-
-
-
Income
178 500
178 500
178 500
178 500
Total tax
43 907
35 700
103 342
116 710
After tax
134 593
142 800
75 158
61 790
Living cost
20 816
20 816
20 816
20 816
Free-cash
113 777
121 984
54 342
40 974

Estimated living cost  is ₽20816 per week

₽13280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
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.
₽5081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46493
₽69852
₽56476
₽40363
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 049
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
80 110
Employee
85 442
85 442
159 906
-
pensions
15 380
11 723
11 723
-
income

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

13 986
13 986
24 079
-
health
13 114
11 155
12 338
-
total
42 480
36 864
48 140
-
Employer
85 442
85 442
159 906
-
health
5 939
5 939
7 380
-
pensions
5 947
5 947
7 392
-
unemployment
3 076
3 076
3 822
-
total
14 962
14 962
18 594
-
Corporate
79 144
78 096
-
-
income
15 830
15 619
-
-
total
15 830
15 619
-
-
Dividends
63 314
62 477
-
-
income
13 454
13 276
-
-
withholding
9 497
9 372
-
-
total
22 951
22 648
-
-
Income
178 500
178 500
178 500
178 500
Total tax
96 223
90 093
66 734
80 110
After tax
82 277
88 407
111 766
98 390
Living cost
41 914
41 914
41 914
41 914
Free-cash
40 363
46 493
69 852
56 476

Estimated living cost  is ₽41914 per week

₽29704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56360
₽49742
₽50739
₽55438
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
accident
-
-
-
180
other
-
-
-
10 467
unemployment
-
-
-
90
health
-
-
-
5 621
municipal
-
-
-
45 447
national
-
-
-
15 117
pensions
-
-
-
9 738
total
-
-
-
86 660
Employee
58 565
-
150 197
-
municipal
17 464
-
44 789
-
national
-
-
14 565
-
total
17 464
-
59 354
-
Employer
58 565
-
150 197
-
health
3 602
-
5 540
-
pensions
6 331
-
9 738
-
accident
117
-
180
-
unemployment
1 546
-
2 378
-
other
6 805
-
10 467
-
total
18 401
-
28 303
-
Corporate
101 534
178 500
-
-
income
22 337
39 270
-
-
total
22 337
39 270
-
-
Dividends
79 196
139 230
-
-
withholding
23 759
41 769
-
-
total
23 759
41 769
-
-
Income
178 500
178 500
178 500
178 500
Total tax
81 961
81 039
87 657
86 660
After tax
96 539
97 461
90 843
91 840
Living cost
41 101
41 101
41 101
41 101
Free-cash
55 438
56 360
49 742
50 739

Estimated living cost  is ₽41101 per week

₽27240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49801
₽73884
₽52172
₽63862
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 500
income

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

-
-
-
55 427
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.

-
-
-
3 049
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.

-
-
-
6 835
trade
-
-
-
21 712
total
-
-
-
87 023
Employee

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

50 740
-
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.

239
-
3 049
-
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.

4 359
-
55 427
-
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.

6 835
-
6 835
-
total
11 433
-
65 311
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
127 760
178 500
-
-
income
19 164
26 776
-
-
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.

1 054
1 473
-
-
chamber of commerce
334
406
-
-
trade
21 017
29 364
-
-
total
41 569
58 019
-
-
Dividends
86 192
120 481
-
-
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.

1 164
1 635
-
-
withholding
21 167
29 740
-
-
total
22 331
31 375
-
-
Income
178 500
178 500
178 500
178 500
Total tax
75 333
89 394
65 311
87 023
After tax
103 167
89 106
113 189
91 477
Living cost
39 305
39 305
39 305
39 305
Free-cash
63 862
49 801
73 884
52 172

Estimated living cost  is ₽39305 per week

₽26288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97758
₽87875
₽89439
₽93607
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 869
social contributions
-
-
-
16 188
health
-
-
-
4 551
total
-
-
-
56 608
Employee
76 937
76 937
166 802
-
social contributions
3 739
6 385
8 613
-
income
8 079
7 122
35 026
-
health
765
1 308
2 835
-
total
12 583
14 815
46 474
-
Employer
76 937
76 937
166 802
-
health
834
1 424
3 085
-
social contributions
3 739
6 385
8 613
-
total
4 573
7 809
11 698
-
Corporate
128 892
93 754
-
-
income
16 111
11 719
-
-
total
16 111
11 719
-
-
Dividends
112 782
82 035
-
-
withholding
19 173
13 946
-
-
total
19 173
13 946
-
-
Income
178 500
178 500
178 500
178 500
Total tax
52 440
48 289
58 172
56 608
After tax
126 060
130 211
120 328
121 892
Living cost
32 453
32 453
32 453
32 453
Free-cash
93 607
97 758
87 875
89 439

Estimated living cost  is ₽32453 per week

₽22185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
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.
₽7189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81901
₽85106
₽105285
₽82283
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

26 520
10 554
149 372
-
unemployment
398
158
2 241
-
pensions
2 652
1 055
14 937
-
income
3 242
1 290
18 261
-
health
1 856
739
10 456
-
total
8 148
3 242
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.

26 520
10 554
149 372
-
pensions
5 171
2 058
29 128
-
total
5 171
2 058
29 128
-
Corporate
146 809
165 887
-
-
income
13 213
14 930
-
-
total
13 213
14 930
-
-
Dividends
133 596
150 958
-
-
social contributions
25 931
29 316
-
-
withholding
25 383
28 682
-
-
total
51 314
57 998
-
-
Income
178 500
178 500
178 500
178 500
Total tax
77 846
78 228
75 023
54 844
After tax
100 654
100 272
103 477
123 656
Living cost
18 371
18 371
18 371
18 371
Free-cash
82 283
81 901
85 106
105 285

Estimated living cost  is ₽18371 per week

₽12537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118633
₽78718
₽71509
₽112416
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
23 920
health
-
-
-
23 204
pensions
-
-
-
35 700
total
-
-
-
82 824
Employee
28 384
-
133 407
-
unemployment
454
-
2 134
-
pensions
568
-
2 668
-
income
3 196
-
25 722
-
total
4 218
-
30 524
-
Employer
28 384
-
133 407
-
health
3 689
-
17 343
-
pensions
5 677
-
26 681
-
unemployment
228
-
1 067
-
total
9 594
-
45 091
-
Corporate
140 522
178 500
-
-
income
28 105
35 700
-
-
total
28 105
35 700
-
-
Dividends
112 417
142 800
-
-
total
-
-
-
-
Income
178 500
178 500
178 500
178 500
Total tax
41 917
35 700
75 615
82 824
After tax
136 583
142 800
102 885
95 676
Living cost
24 167
24 167
24 167
24 167
Free-cash
112 416
118 633
78 718
71 509

Estimated living cost  is ₽24167 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7844
₽74654
₽99721
₽11038
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
accident
-
-
-
256
income
-
-
-
49 416
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
56 477
Employee
35 083
-
160 710
-
pensions
3 950
-
7 734
-
income
4 813
-
37 619
-
health
4 017
-
18 401
-
total
12 780
-
63 754
-
Employer
35 083
-
160 710
-
pensions
5 705
-
11 169
-
accident
586
-
2 684
-
unemployment
859
-
3 937
-
total
7 150
-
17 790
-
Corporate
136 268
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.

122 641
160 650
-
-
total
122 641
160 650
-
-
Dividends
13 627
17 850
-
-
withholding
2 589
3 392
-
-
total
2 589
3 392
-
-
Income
178 500
178 500
178 500
178 500
Total tax
145 160
164 042
81 544
56 477
After tax
33 340
14 458
96 956
122 023
Living cost
22 302
22 302
22 302
22 302
Free-cash
11 038
-7 844
74 654
99 721

Estimated living cost  is ₽22302 per week

₽16346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
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.
₽4256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161510
₽134735
₽168650
₽159998
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 081
-
178 500
-
income
2 016
-
35 700
-
total
2 016
-
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%.

168 419
178 500
-
-
total
-
-
-
-
Dividends
168 419
178 500
-
-
withholding
8 421
8 925
-
-
total
8 421
8 925
-
-
Income
178 500
178 500
178 500
178 500
Total tax
10 437
8 925
35 700
1 785
After tax
168 063
169 575
142 800
176 715
Living cost
8 065
8 065
8 065
8 065
Free-cash
159 998
161 510
134 735
168 650

Estimated living cost  is ₽8065 per week

₽4998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104485
₽74449
₽73620
₽97725
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 782
other
-
-
-
7 227
health
-
-
-
6 695
pensions

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

-
-
-
36 516
total
-
-
-
78 220
Employee
36 329
-
142 571
-
unemployment
363
-
1 426
-
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.

2 542
-
9 982
-
income
6 254
-
28 057
-
health
509
-
1 996
-
total
9 668
-
41 461
-
Employer
36 329
-
142 571
-
health
509
-
1 996
-
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.

6 177
-
24 237
-
accident
291
-
1 141
-
unemployment
363
-
1 426
-
other
1 817
-
7 130
-
total
9 157
-
35 930
-
Corporate
133 016
178 500
-
-
income
27 934
37 484
-
-
total
27 934
37 484
-
-
Dividends
105 082
141 016
-
-
withholding
7 356
9 871
-
-
total
7 356
9 871
-
-
Income
178 500
178 500
178 500
178 500
Total tax
54 115
47 355
77 391
78 220
After tax
124 385
131 145
101 109
100 280
Living cost
26 660
26 660
26 660
26 660
Free-cash
97 725
104 485
74 449
73 620

Estimated living cost  is ₽26660 per week

₽18837
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.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50105
₽35621
₽51752
₽53793
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 420
pensions
-
-
-
9 000
total
-
-
-
60 420
Employee
93 844
-
155 894
-
pensions
9 053
-
11 041
-
income
16 916
-
40 660
-
health
1 546
-
2 246
-
total
27 515
-
53 947
-
Employer
93 844
-
155 894
-
health
1 782
-
2 962
-
pensions
11 080
-
19 642
-
total
12 862
-
22 604
-
Corporate
71 794
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.

13 640
33 916
-
-
total
13 640
33 916
-
-
Dividends
58 154
144 584
-
-
withholding
4 362
28 151
-
-
total
4 362
28 151
-
-
Income
178 500
178 500
178 500
178 500
Total tax
58 379
62 067
76 551
60 420
After tax
120 121
116 433
101 949
118 080
Living cost
66 328
66 328
66 328
66 328
Free-cash
53 793
50 105
35 621
51 752

Estimated living cost  is ₽66328 per week

₽49701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽139505
₽136309
₽129283
₽134858
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
26 775
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
36 104
Employee
17 364
-
171 646
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
pensions

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

1 525
-
3 068
-
income
1 736
-
17 164
-
health
799
-
1 607
-
total
4 251
-
22 223
-
Employer
17 364
-
171 646
-
health
1 198
-
2 411
-
pensions

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

1 914
-
3 850
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
unemployment
104
-
210
-
total
3 407
-
6 855
-
Corporate
157 729
178 500
-
-
income
15 773
17 850
-
-
total
15 773
17 850
-
-
Dividends
141 956
160 650
-
-
withholding
7 098
8 032
-
-
total
7 098
8 032
-
-
Income
178 500
178 500
178 500
178 500
Total tax
30 529
25 882
29 078
36 104
After tax
147 971
152 618
149 422
142 396
Living cost
13 113
13 113
13 113
13 113
Free-cash
134 858
139 505
136 309
129 283

Estimated living cost  is ₽13113 per week

₽7656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32925
₽56284
₽42908
₽35442
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 049
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
80 110
Employee
92 763
85 442
159 906
-
pensions
11 723
11 723
11 723
-
income

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

13 986
13 986
24 079
-
health
11 573
11 155
12 338
-
total
37 282
36 864
48 140
-
Employer
92 763
85 442
159 906
-
health
6 446
5 939
7 380
-
pensions
6 456
5 947
7 392
-
unemployment
3 340
3 076
3 822
-
total
16 242
14 962
18 594
-
Corporate
69 495
78 096
-
-
income
13 899
15 619
-
-
total
13 899
15 619
-
-
Dividends
55 597
62 477
-
-
income
11 814
13 276
-
-
withholding
8 339
9 372
-
-
total
20 153
22 648
-
-
Income
178 500
178 500
178 500
178 500
Total tax
87 576
90 093
66 734
80 110
After tax
90 924
88 407
111 766
98 390
Living cost
55 482
55 482
55 482
55 482
Free-cash
35 442
32 925
56 284
42 908

Estimated living cost  is ₽55482 per week

₽40927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98037
₽68117
₽75975
₽89168
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
17 794
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
-
health
-
-
-
24 098
total
-
-
-
77 665
Employee
36 559
-
135 663
-
solidarity contribution
-
-
-
-
social contributions
2 376
-
7 963
-
income
4 387
-
16 408
-
health
4 936
-
18 314
-
total
11 699
-
42 685
-
Employer
36 559
-
135 663
-
health
3 290
-
12 210
-
social contributions
9 140
-
30 628
-
total
12 430
-
42 838
-
Corporate
129 511
178 500
-
-
income
24 607
33 915
-
-
total
24 607
33 915
-
-
Dividends
104 904
144 585
-
-
withholding
15 736
21 688
-
-
total
15 736
21 688
-
-
Income
178 500
178 500
178 500
178 500
Total tax
64 472
55 603
85 523
77 665
After tax
114 028
122 897
92 977
100 835
Living cost
24 860
24 860
24 860
24 860
Free-cash
89 168
98 037
68 117
75 975

Estimated living cost  is ₽24860 per week

₽17268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53018
₽34899
₽42957
₽47793
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
social contributions
-
-
-
45 911
regional
-
-
-
2 110
municipal
-
-
-
1 061
national
-
-
-
44 242
total
-
-
-
93 324
Employee
88 922
-
178 500
-
municipal
471
-
946
-
national
15 408
-
38 386
-
regional
839
-
1 861
-
social contributions
29 985
-
60 189
-
total
46 703
-
101 382
-
Employer
88 922
-
178 500
-
total
-
-
-
-
Corporate
89 578
178 500
-
-
municipal
3 494
6 961
-
-
nationa
21 499
42 841
-
-
total
24 993
49 802
-
-
Dividends
64 585
128 699
-
-
withholding
16 792
33 461
-
-
total
16 792
33 461
-
-
Income
178 500
178 500
178 500
178 500
Total tax
88 488
83 263
101 382
93 324
After tax
90 012
95 237
77 118
85 176
Living cost
42 219
42 219
42 219
42 219
Free-cash
47 793
53 018
34 899
42 957

Estimated living cost  is ₽42219 per week

₽29430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90198
₽56242
₽62361
₽87084
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 887
other
-
-
-
-
surtax
-
-
-
7 758
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
94 060
Employee
33 087
-
150 391
-
other
-
-
-
-
unemployment
2 303
-
9 294
-
pensions
2 206
-
8 907
-
surtax
108
-
6 562
-
income
5 546
-
43 904
-
health
845
-
3 404
-
total
11 008
-
72 071
-
Employer
33 087
-
150 391
-
health
1 506
-
6 076
-
pensions
4 411
-
17 800
-
unemployment
1 048
-
4 232
-
other
-
-
-
-
total
6 965
-
28 108
-
Corporate
138 448
178 500
-
-
income
35 996
46 410
-
-
total
35 996
46 410
-
-
Dividends
102 452
132 090
-
-
withholding
15 368
19 813
-
-
total
15 368
19 813
-
-
Income
178 500
178 500
178 500
178 500
Total tax
69 337
66 223
100 179
94 060
After tax
109 163
112 277
78 321
84 440
Living cost
22 079
22 079
22 079
22 079
Free-cash
87 084
90 198
56 242
62 361

Estimated living cost  is ₽22079 per week

₽13500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2037
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.
₽6032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71120
₽56636
₽72767
₽77671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 420
pensions
-
-
-
9 000
total
-
-
-
60 420
Employee
62 892
-
155 894
-
pensions
5 338
-
11 041
-
income
11 327
-
40 660
-
health
913
-
2 246
-
total
17 578
-
53 947
-
Employer
62 892
-
155 894
-
health
1 195
-
2 962
-
pensions
6 808
-
19 642
-
total
8 003
-
22 604
-
Corporate
107 606
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.

20 446
33 916
-
-
total
20 446
33 916
-
-
Dividends
87 160
144 584
-
-
withholding
9 489
28 151
-
-
total
9 489
28 151
-
-
Income
178 500
178 500
178 500
178 500
Total tax
55 516
62 067
76 551
60 420
After tax
122 984
116 433
101 949
118 080
Living cost
45 313
45 313
45 313
45 313
Free-cash
77 671
71 120
56 636
72 767

Estimated living cost  is ₽45313 per week

₽33948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽2377
₽57133
₽65396
₽36284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 570
regional
-
-
-
8 725
health
-
-
-
401
city
-
-
-
1 881
national
-
-
-
2 858
pensions
-
-
-
16 423
total
-
-
-
33 858
Employee
92 738
-
159 769
-
unemployment
-
-
-
-
pensions
7 791
-
13 419
-
national
439
-
2 131
-
regional
3 037
-
7 521
-
city
995
-
1 716
-
health
210
-
360
-
total
12 472
-
25 147
-
Employer
92 738
-
159 769
-
health
210
-
360
-
pensions
7 791
-
13 419
-
unemployment
-
-
-
-
other

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

1 854
-
3 195
-
total
9 855
-
16 974
-
Corporate
74 887
178 500
-
-
regional
15 839
37 753
-
-
national
6 364
15 173
-
-
total
22 203
52 926
-
-
Dividends
52 684
125 573
-
-
withholding
18 440
43 951
-
-
total
18 440
43 951
-
-
Income
178 500
178 500
178 500
178 500
Total tax
62 970
96 877
42 121
33 858
After tax
115 530
81 623
136 379
144 642
Living cost
79 246
79 246
79 246
79 246
Free-cash
36 284
2 377
57 133
65 396

Estimated living cost  is ₽79246 per week

₽51533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽973
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽42354
₽67354
₽44719
₽58579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 500
income

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

-
-
-
55 427
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.

-
-
-
3 049
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.

-
-
-
6 835
trade
-
-
-
22 635
total
-
-
-
87 946
Employee

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

60 131
-
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.

389
-
3 049
-
income

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

7 071
-
55 427
-
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.

6 835
-
6 835
-
total
14 295
-
65 311
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
118 369
178 500
-
-
income
17 755
26 776
-
-
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.

976
1 473
-
-
chamber of commerce
319
403
-
-
trade
20 301
30 613
-
-
total
39 351
59 265
-
-
Dividends
79 018
119 235
-
-
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
1 618
-
-
withholding
19 375
29 428
-
-
total
20 440
31 046
-
-
Income
178 500
178 500
178 500
178 500
Total tax
74 086
90 311
65 311
87 946
After tax
104 414
88 189
113 189
90 554
Living cost
45 835
45 835
45 835
45 835
Free-cash
58 579
42 354
67 354
44 719

Estimated living cost  is ₽45835 per week

₽33476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽55733
₽63590
₽66321
₽61643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
28 095
other
-
-
-
5 533
surtax
-
-
-
-
social contributions
-
-
-
5 087
health
-
-
-
7 618
pensions
-
-
-
31 614
total
-
-
-
77 947
Employee
42 822
-
138 188
-
pensions
4 842
-
9 590
-
surtax
-
-
-
-
social contributions
1 221
-
3 938
-
income
2 527
-
26 840
-
total
8 590
-
40 368
-
Employer
42 822
-
138 188
-
health
2 998
-
12 764
-
pensions
7 035
-
16 151
-
unemployment
1 734
-
5 597
-
social contributions
129
-
414
-
other
1 477
-
5 384
-
total
13 373
-
40 310
-
Corporate
122 306
178 500
-
-
income
34 245
49 980
-
-
surtax
-
-
-
-
total
34 245
49 980
-
-
Dividends
88 060
128 520
-
-
surtax
-
-
-
-
social contributions
15 146
22 105
-
-
withholding
11 271
16 450
-
-
total
26 417
38 555
-
-
Income
178 500
178 500
178 500
178 500
Total tax
82 625
88 535
80 678
77 947
After tax
95 875
89 965
97 822
100 553
Living cost
34 232
34 232
34 232
34 232
Free-cash
61 643
55 733
63 590
66 321

Estimated living cost  is ₽34232 per week

₽21585
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.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59125
₽66982
₽69713
₽64685
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
28 095
other
-
-
-
5 533
surtax
-
-
-
-
social contributions
-
-
-
5 087
health
-
-
-
7 618
pensions
-
-
-
31 614
total
-
-
-
77 947
Employee
38 224
-
138 188
-
pensions
4 323
-
9 590
-
surtax
-
-
-
-
social contributions
1 090
-
3 938
-
income
1 971
-
26 840
-
total
7 384
-
40 368
-
Employer
38 224
-
138 188
-
health
2 675
-
12 764
-
pensions
6 281
-
16 151
-
unemployment
1 547
-
5 597
-
social contributions
114
-
414
-
other
1 320
-
5 384
-
total
11 937
-
40 310
-
Corporate
128 338
178 500
-
-
income
35 935
49 980
-
-
surtax
-
-
-
-
total
35 935
49 980
-
-
Dividends
92 403
128 520
-
-
surtax
-
-
-
-
social contributions
15 892
22 105
-
-
withholding
11 827
16 450
-
-
total
27 719
38 555
-
-
Income
178 500
178 500
178 500
178 500
Total tax
82 975
88 535
80 678
77 947
After tax
95 525
89 965
97 822
100 553
Living cost
30 840
30 840
30 840
30 840
Free-cash
64 685
59 125
66 982
69 713

Estimated living cost  is ₽30840 per week

₽17886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
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.
₽9237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87684
₽89671
₽93417
₽88205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
26 776
social contributions
-
-
-
24 632
health
-
-
-
12 459
total
-
-
-
63 867
Employee
33 924
-
178 500
-
social contributions
4 682
-
24 632
-
income
5 658
-
30 522
-
health
2 368
-
12 459
-
total
12 708
-
67 613
-
Employer
33 924
-
178 500
-
total
-
-
-
-
Corporate
144 576
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%.

7 228
8 926
-
-
total
7 228
8 926
-
-
Dividends
137 347
169 574
-
-
social contributions
18 953
23 402
-
-
withholding
20 603
25 435
-
-
health
9 587
11 837
-
-
total
49 143
60 674
-
-
Income
178 500
178 500
178 500
178 500
Total tax
69 079
69 600
67 613
63 867
After tax
109 421
108 900
110 887
114 633
Living cost
21 216
21 216
21 216
21 216
Free-cash
88 205
87 684
89 671
93 417

Estimated living cost  is ₽21216 per week

₽14199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽63489
₽12033
₽56365
₽61942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 266
surtax
-
-
-
197
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
714
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
86 880
Employee
50 003
39 873
142 772
-
other
499
399
1 170
-
unemployment
1 500
1 196
3 507
-
pensions
5 121
4 082
11 970
-
income
5 692
2 941
39 571
-
health
1 935
1 544
4 523
-
total
14 747
10 162
60 741
-
Employer
50 003
39 873
142 772
-
chamber of commerce
199
159
572
-
health
1 889
1 508
4 418
-
pensions
6 275
5 005
14 669
-
accident
649
518
1 519
-
unemployment
1 500
1 196
3 507
-
surtax
197
197
197
-
payroll
1 500
1 196
4 284
-
other
2 375
1 893
6 562
-
total
14 584
11 672
35 728
-
Corporate
113 911
126 954
138 974
-
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.

28 477
31 739
34 743
-
total
28 477
31 739
34 743
-
Dividends
85 434
95 215
-
-
withholding
23 495
26 183
-
-
total
23 495
26 183
-
-
Income
178 500
178 500
178 500
178 500
Total tax
81 303
79 756
131 212
86 880
After tax
97 197
98 744
47 288
91 620
Living cost
35 255
35 255
35 255
35 255
Free-cash
61 942
63 489
12 033
56 365

Estimated living cost  is ₽35255 per week

₽23514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3008
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63343
₽26240
₽40922
₽48337
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
communal

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

-
-
-
9 213
social contributions
-
-
-
24 945
national
-
-
-
66 939
total
-
-
-
101 097
Employee

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

71 569
-
138 255
-
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.

623
-
1 202
-
communal

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

3 733
-
7 211
-
pensions

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

5 368
-
10 369
-
national
22 003
-
50 255
-
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.

3 363
-
6 497
-
total
35 090
-
75 534
-
Employer

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

71 569
-
138 255
-
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.

4 401
-
8 502
-
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.

6 342
-
12 249
-
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.

930
-
1 796
-
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.

1 044
-
2 018
-
surtax
8 115
-
15 680
-
total
20 832
-
40 245
-
Corporate
86 098
178 500
-
-
income
17 219
35 700
-
-
surtax
344
714
-
-
total
17 563
36 414
-
-
Dividends
68 535
142 086
-
-
withholding

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

20 197
42 262
-
-
total
20 197
42 262
-
-
Income
178 500
178 500
178 500
178 500
Total tax
93 682
78 676
115 779
101 097
After tax
84 818
99 824
62 721
77 403
Living cost
36 481
36 481
36 481
36 481
Free-cash
48 337
63 343
26 240
40 922

Estimated living cost  is ₽36481 per week

₽23499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82820
₽59817
₽64015
₽75968
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
accident
-
-
-
835
income
-
-
-
50 530
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
78 351
Employee
49 805
-
148 935
-
other
49
-
93
-
unemployment
773
-
1 437
-
pensions
2 341
-
4 359
-
income
10 508
-
47 095
-
total
13 671
-
52 984
-
Employer
49 805
-
148 935
-
pensions
11 753
-
21 887
-
accident
985
-
1 836
-
unemployment
2 740
-
5 100
-
other
397
-
742
-
total
15 875
-
29 565
-
Corporate
112 820
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.

16 923
26 776
-
-
total
16 923
26 776
-
-
Dividends
95 897
151 724
-
-
withholding
19 929
32 770
-
-
total
19 929
32 770
-
-
Income
178 500
178 500
178 500
178 500
Total tax
66 398
59 546
82 549
78 351
After tax
112 102
118 954
95 951
100 149
Living cost
36 134
36 134
36 134
36 134
Free-cash
75 968
82 820
59 817
64 015

Estimated living cost  is ₽36134 per week

₽26609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49894
₽40741
₽33624
₽37035
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
communal
-
-
-
11 280
accident
-
-
-
1 506
income
-
-
-
29 570
surtax
-
-
-
8 850
health
-
-
-
12 541
pensions
-
-
-
26 755
total
-
-
-
90 502
Employee
75 770
-
159 446
-
pensions
6 061
-
12 756
-
surtax
4 644
-
9 771
-
income
7 319
-
34 708
-
health
3 372
-
7 096
-
total
21 396
-
64 331
-
Employer
75 770
-
159 446
-
health
2 311
-
4 863
-
pensions
6 061
-
12 756
-
accident
682
-
1 435
-
total
9 054
-
19 054
-
Corporate
93 677
178 500
-
-
communal
6 323
12 049
-
-
income
14 052
26 776
-
-
surtax
984
1 874
-
-
total
21 359
40 699
-
-
Dividends
72 318
137 801
-
-
income
24 435
12 864
-
-
withholding
10 847
20 669
-
-
total
35 282
33 533
-
-
Income
178 500
178 500
178 500
178 500
Total tax
87 091
74 232
83 385
90 502
After tax
91 409
104 268
95 115
87 998
Living cost
54 374
54 374
54 374
54 374
Free-cash
37 035
49 894
40 741
33 624

Estimated living cost  is ₽54374 per week

₽40788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89804
₽55848
₽61967
₽86621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 887
other
-
-
-
-
surtax
-
-
-
7 758
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
94 060
Employee
33 695
-
150 391
-
other
-
-
-
-
unemployment
2 345
-
9 294
-
pensions
2 248
-
8 907
-
surtax
120
-
6 562
-
income
5 649
-
43 904
-
health
860
-
3 404
-
total
11 222
-
72 071
-
Employer
33 695
-
150 391
-
health
1 532
-
6 076
-
pensions
4 492
-
17 800
-
unemployment
1 069
-
4 232
-
other
-
-
-
-
total
7 093
-
28 108
-
Corporate
137 712
178 500
-
-
income
35 804
46 410
-
-
total
35 804
46 410
-
-
Dividends
101 908
132 090
-
-
withholding
15 287
19 813
-
-
total
15 287
19 813
-
-
Income
178 500
178 500
178 500
178 500
Total tax
69 406
66 223
100 179
94 060
After tax
109 094
112 277
78 321
84 440
Living cost
22 473
22 473
22 473
22 473
Free-cash
86 621
89 804
55 848
61 967

Estimated living cost  is ₽22473 per week

₽13568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66870
₽49626
₽57643
₽64651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
social contributions
-
-
-
45 911
regional
-
-
-
2 691
municipal
-
-
-
1 061
national
-
-
-
44 242
total
-
-
-
93 905
Employee
55 502
-
178 500
-
municipal
294
-
946
-
national
8 793
-
38 386
-
regional
747
-
2 401
-
social contributions
18 716
-
60 189
-
total
28 550
-
101 922
-
Employer
55 502
-
178 500
-
total
-
-
-
-
Corporate
122 998
178 500
-
-
municipal
6 114
8 871
-
-
nationa
29 519
42 841
-
-
total
35 633
51 712
-
-
Dividends
87 365
126 788
-
-
withholding
22 714
32 966
-
-
total
22 714
32 966
-
-
Income
178 500
178 500
178 500
178 500
Total tax
86 897
84 678
101 922
93 905
After tax
91 603
93 822
76 578
84 595
Living cost
26 952
26 952
26 952
26 952
Free-cash
64 651
66 870
49 626
57 643

Estimated living cost  is ₽26952 per week

₽16762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92263
₽62343
₽70201
₽81334
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
17 794
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
-
health
-
-
-
24 098
total
-
-
-
77 665
Employee
45 050
-
135 663
-
solidarity contribution
-
-
-
-
social contributions
2 928
-
7 963
-
income
5 406
-
16 408
-
health
6 082
-
18 314
-
total
14 416
-
42 685
-
Employer
45 050
-
135 663
-
health
4 055
-
12 210
-
social contributions
11 263
-
30 628
-
total
15 318
-
42 838
-
Corporate
118 132
178 500
-
-
income
22 445
33 915
-
-
total
22 445
33 915
-
-
Dividends
95 687
144 585
-
-
withholding
14 353
21 688
-
-
total
14 353
21 688
-
-
Income
178 500
178 500
178 500
178 500
Total tax
66 532
55 603
85 523
77 665
After tax
111 968
122 897
92 977
100 835
Living cost
30 634
30 634
30 634
30 634
Free-cash
81 334
92 263
62 343
70 201

Estimated living cost  is ₽30634 per week

₽22782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1697
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.
₽5626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66929
₽15415
₽59896
₽66433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 266
surtax
-
-
-
-
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
714
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
86 683
Employee
43 737
39 873
142 958
-
other
437
399
1 170
-
unemployment
1 312
1 196
3 507
-
pensions
4 479
4 082
11 970
-
income
3 896
2 941
39 662
-
health
1 692
1 544
4 523
-
total
11 816
10 162
60 832
-
Employer
43 737
39 873
142 958
-
chamber of commerce
175
159
572
-
health
1 654
1 508
4 418
-
pensions
5 489
5 005
14 669
-
accident
568
518
1 519
-
unemployment
1 312
1 196
3 507
-
surtax
-
-
-
-
payroll
1 312
1 196
4 289
-
other
2 077
1 893
6 568
-
total
12 587
11 475
35 542
-
Corporate
122 177
127 151
139 160
-
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.

30 545
31 788
34 790
-
total
30 545
31 788
34 790
-
Dividends
91 632
95 363
-
-
withholding
25 198
26 225
-
-
total
25 198
26 225
-
-
Income
178 500
178 500
178 500
178 500
Total tax
80 146
79 650
131 164
86 683
After tax
98 354
98 850
47 336
91 817
Living cost
31 921
31 921
31 921
31 921
Free-cash
66 433
66 929
15 415
59 896

Estimated living cost  is ₽31921 per week

₽19149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3260
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.
₽8943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157007
₽130232
₽164147
₽154650
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 710
-
178 500
-
income
3 142
-
35 700
-
total
3 142
-
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%.

162 790
178 500
-
-
total
-
-
-
-
Dividends
162 790
178 500
-
-
withholding
8 140
8 925
-
-
total
8 140
8 925
-
-
Income
178 500
178 500
178 500
178 500
Total tax
11 282
8 925
35 700
1 785
After tax
167 218
169 575
142 800
176 715
Living cost
12 568
12 568
12 568
12 568
Free-cash
154 650
157 007
130 232
164 147

Estimated living cost  is ₽12568 per week

₽8505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96061
₽55502
₽60229
₽87691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
178 500
income
-
-
-
41 002
unemployment
-
-
-
268
health
-
-
-
17 565
pensions
-
-
-
32 599
total
-
-
-
91 434
Employee

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

44 244
-
154 453
-
unemployment
63
-
216
-
pensions
6 858
-
23 941
-
income
7 630
-
37 979
-
health
2 858
-
9 978
-
total
17 409
-
72 114
-
Employer

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

44 244
-
154 453
-
health
2 947
-
10 285
-
pensions
3 915
-
13 669
-
unemployment
27
-
93
-
total
6 889
-
24 047
-
Corporate
127 367
178 500
-
-
income
24 199
33 915
-
-
total
24 199
33 915
-
-
Dividends
103 168
144 585
-
-
withholding
15 475
21 687
-
-
total
15 475
21 687
-
-
Income
178 500
178 500
178 500
178 500
Total tax
63 972
55 602
96 161
91 434
After tax
114 528
122 898
82 339
87 066
Living cost
26 837
26 837
26 837
26 837
Free-cash
87 691
96 061
55 502
60 229

Estimated living cost  is ₽26837 per week

₽18418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64788
₽121332
₽79547
₽16492
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
34 793
social contributions
-
-
-
20 349
total
-
-
-
55 142
Employee
62 818
-
-
-
social contributions
5 151
-
734
-
income
13 856
-
-
-
total
19 007
-
734
-
Employer
62 818
-
-
-
social contributions
88 574
-
12 623
-
total
88 574
-
12 623
-
Corporate
27 108
178 500
-
-
income
5 964
39 270
-
-
total
5 964
39 270
-
-
Dividends
21 144
139 230
-
-
income
4 652
30 631
-
-
total
4 652
30 631
-
-
Income
178 500
178 500
178 500
178 500
Total tax
118 197
69 901
13 357
55 142
After tax
60 303
108 599
165 143
123 358
Living cost
43 811
43 811
43 811
43 811
Free-cash
16 492
64 788
121 332
79 547

Estimated living cost  is ₽43811 per week

₽28426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70148
₽50534
₽64067
₽69139
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 500
income
-
-
-
21 020
surtax
-
-
-
-
social contributions

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

-
-
-
62 029
total
-
-
-
83 049
Employee
46 017
-
144 241
-
surtax
-
-
-
-
social contributions
5 062
-
15 866
-
income
9 572
-
46 459
-
total
14 634
-
62 325
-
Employer
46 017
-
144 241
-
social contributions
10 929
-
34 257
-
total
10 929
-
34 257
-
Corporate
121 554
178 500
-
-
income
25 526
37 484
-
-
surtax
-
-
-
-
total
25 526
37 484
-
-
Dividends
96 027
141 016
-
-
withholding
26 888
39 484
-
-
total
26 888
39 484
-
-
Income
178 500
178 500
178 500
178 500
Total tax
77 977
76 968
96 582
83 049
After tax
100 523
101 532
81 918
95 451
Living cost
31 384
31 384
31 384
31 384
Free-cash
69 139
70 148
50 534
64 067

Estimated living cost  is ₽31384 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41640
₽49497
₽52228
₽48514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
28 095
other
-
-
-
5 533
surtax
-
-
-
-
social contributions
-
-
-
5 087
health
-
-
-
7 618
pensions
-
-
-
31 614
total
-
-
-
77 947
Employee
62 666
-
138 188
-
pensions
7 088
-
9 590
-
surtax
-
-
-
-
social contributions
1 785
-
3 938
-
income
5 468
-
26 840
-
total
14 341
-
40 368
-
Employer
62 666
-
138 188
-
health
4 386
-
12 764
-
pensions
10 297
-
16 151
-
unemployment
2 539
-
5 597
-
social contributions
188
-
414
-
other
2 163
-
5 384
-
total
19 573
-
40 310
-
Corporate
96 262
178 500
-
-
income
26 954
49 980
-
-
surtax
-
-
-
-
total
26 954
49 980
-
-
Dividends
69 308
128 520
-
-
surtax
-
-
-
-
social contributions
11 922
22 105
-
-
withholding
8 871
16 450
-
-
total
20 793
38 555
-
-
Income
178 500
178 500
178 500
178 500
Total tax
81 661
88 535
80 678
77 947
After tax
96 839
89 965
97 822
100 553
Living cost
48 325
48 325
48 325
48 325
Free-cash
48 514
41 640
49 497
52 228

Estimated living cost  is ₽48325 per week

₽32705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130574
₽106051
₽101308
₽127214
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 847
social contributions
-
-
-
39 269
total
-
-
-
47 116
Employee
32 166
-
154 544
-
income
-
-
8 373
-
social contributions
2 090
-
10 046
-
total
2 090
-
18 419
-
Employer
32 166
-
154 544
-
social contributions
4 986
-
23 954
-
total
4 986
-
23 954
-
Corporate
141 348
178 500
-
-
income
14 134
17 850
-
-
total
14 134
17 850
-
-
Dividends
127 214
160 650
-
-
total
-
-
-
-
Income
178 500
178 500
178 500
178 500
Total tax
21 210
17 850
42 373
47 116
After tax
157 290
160 650
136 127
131 384
Living cost
30 076
30 076
30 076
30 076
Free-cash
127 214
130 574
106 051
101 308

Estimated living cost  is ₽30076 per week

₽19447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
-₽39383
-₽39383
₽56978
-₽39383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 211
municipal
-
-
-
37 252
national
-
-
-
21 031
pensions
-
-
-
867
total
-
-
-
73 361
Employee
203 277
203 277
203 277
-
municipal
43 287
43 287
43 287
-
labour market
16 239
16 239
16 239
-
pensions
289
289
289
-
national
24 834
24 834
24 834
-
total
84 649
84 649
84 649
-
Employer
203 277
203 277
203 277
-
national
24 877
24 877
24 877
-
labour market
16 262
16 262
16 262
-
pensions
578
578
578
-
municipal
43 356
43 356
43 356
-
total
85 073
85 073
85 073
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
178 500
178 500
178 500
178 500
Total tax
169 722
169 722
169 722
73 361
After tax
8 778
8 778
8 778
105 139
Living cost
48 161
48 161
48 161
48 161
Free-cash
-39 383
-39 383
-39 383
56 978

Estimated living cost  is ₽48161 per week

₽32962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7515
₽74983
₽100050
₽11089
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
accident
-
-
-
256
income
-
-
-
49 416
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
56 477
Employee
34 565
-
160 710
-
pensions
3 892
-
7 734
-
income
4 742
-
37 619
-
health
3 958
-
18 401
-
total
12 592
-
63 754
-
Employer
34 565
-
160 710
-
pensions
5 620
-
11 169
-
accident
577
-
2 684
-
unemployment
847
-
3 937
-
total
7 044
-
17 790
-
Corporate
136 890
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.

123 201
160 650
-
-
total
123 201
160 650
-
-
Dividends
13 689
17 850
-
-
withholding
2 601
3 392
-
-
total
2 601
3 392
-
-
Income
178 500
178 500
178 500
178 500
Total tax
145 438
164 042
81 544
56 477
After tax
33 062
14 458
96 956
122 023
Living cost
21 973
21 973
21 973
21 973
Free-cash
11 089
-7 515
74 983
100 050

Estimated living cost  is ₽21973 per week

₽15994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73297
₽55082
₽76389
₽75867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 332
municipal
-
-
-
31 710
national
-
-
-
29 655
total
-
-
-
63 697
Employee
52 641
-
150 164
-
municipal
8 622
-
24 459
-
unemployment
790
-
2 252
-
pensions
3 553
-
10 135
-
national
870
-
17 927
-
health
393
-
1 895
-
total
14 228
-
56 668
-
Employer
52 641
-
150 164
-
health
404
-
1 156
-
pensions
9 133
-
26 054
-
accident
53
-
150
-
unemployment
342
-
976
-
total
9 932
-
28 336
-
Corporate
115 927
178 500
-
-
income
23 185
35 700
-
-
total
23 185
35 700
-
-
Dividends

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

69 556
107 100
-
-
municipal
12 520
19 278
-
-
national
4 354
11 811
-
-
total
16 874
31 089
-
-
Income
178 500
178 500
178 500
178 500
Total tax
64 219
66 789
85 004
63 697
After tax
114 281
111 711
93 496
114 803
Living cost
38 414
38 414
38 414
38 414
Free-cash
75 867
73 297
55 082
76 389

Estimated living cost  is ₽38414 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107046
₽97163
₽98727
₽101600
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 869
social contributions
-
-
-
16 188
health
-
-
-
4 551
total
-
-
-
56 608
Employee
76 937
76 937
166 802
-
social contributions
2 909
6 385
8 613
-
income
8 377
7 122
35 026
-
health
596
1 308
2 835
-
total
11 882
14 815
46 474
-
Employer
76 937
76 937
166 802
-
health
647
1 424
3 085
-
social contributions
2 909
6 385
8 613
-
total
3 556
7 809
11 698
-
Corporate
139 896
93 754
-
-
income
17 487
11 719
-
-
total
17 487
11 719
-
-
Dividends
122 409
82 035
-
-
withholding
20 810
13 946
-
-
total
20 810
13 946
-
-
Income
178 500
178 500
178 500
178 500
Total tax
53 735
48 289
58 172
56 608
After tax
124 765
130 211
120 328
121 892
Living cost
23 165
23 165
23 165
23 165
Free-cash
101 600
107 046
97 163
98 727

Estimated living cost  is ₽23165 per week

₽13883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131931
₽114352
₽134420
₽126840
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
178 500
income
-
-
-
18 180
unemployment
-
-
-
28
health
-
-
-
3 621
pensions
-
-
-
6 365
total
-
-
-
28 194
Employee

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

22 966
-
168 722
-
unemployment
114
-
475
-
pensions
3 444
-
14 240
-
income
1 570
-
15 699
-
health
1 952
-
8 070
-
total
7 080
-
38 484
-
Employer

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

22 966
-
168 722
-
health
987
-
4 082
-
pensions
1 263
-
5 221
-
unemployment
114
-
475
-
total
2 364
-
9 778
-
Corporate
153 170
178 500
-
-
income
13 785
16 065
-
-
total
13 785
16 065
-
-
Dividends
139 386
162 435
-
-
withholding
12 545
14 618
-
-
total
12 545
14 618
-
-
Income
178 500
178 500
178 500
178 500
Total tax
35 774
30 683
48 262
28 194
After tax
142 726
147 817
130 238
150 306
Living cost
15 886
15 886
15 886
15 886
Free-cash
126 840
131 931
114 352
134 420

Estimated living cost  is ₽15886 per week

₽10135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
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.
₽4132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽91440
₽68437
₽72635
₽87024
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
accident
-
-
-
835
income
-
-
-
50 530
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
78 351
Employee
36 996
-
148 935
-
other
36
-
93
-
unemployment
573
-
1 437
-
pensions
1 739
-
4 359
-
income
7 133
-
47 095
-
total
9 481
-
52 984
-
Employer
36 996
-
148 935
-
pensions
8 730
-
21 887
-
accident
733
-
1 836
-
unemployment
2 035
-
5 100
-
other
296
-
742
-
total
11 794
-
29 565
-
Corporate
129 709
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.

19 456
26 776
-
-
total
19 456
26 776
-
-
Dividends
110 253
151 724
-
-
withholding
23 231
32 770
-
-
total
23 231
32 770
-
-
Income
178 500
178 500
178 500
178 500
Total tax
63 962
59 546
82 549
78 351
After tax
114 538
118 954
95 951
100 149
Living cost
27 514
27 514
27 514
27 514
Free-cash
87 024
91 440
68 437
72 635

Estimated living cost  is ₽27514 per week

₽18571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2645
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.
₽5816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109444
₽112808
₽112946
₽109125
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
61 173
health
-
-
-
1 026
pensions
-
-
-
1 415
total
-
-
-
63 614
Employee
2 954
-
176 908
-
unemployment
30
-
71
-
pensions
266
-
637
-
income
571
-
61 099
-
health
148
-
354
-
total
1 015
-
62 161
-
Employer
2 954
-
176 908
-
health
281
-
672
-
pensions
325
-
778
-
unemployment
59
-
141
-
total
665
-
1 591
-
Corporate
174 881
178 500
-
-
income
38 474
39 270
-
-
total
38 474
39 270
-
-
Dividends
136 407
139 230
-
-
withholding
27 281
27 846
-
-
total
27 281
27 846
-
-
Income
178 500
178 500
178 500
178 500
Total tax
67 435
67 116
63 752
63 614
After tax
111 065
111 384
114 748
114 886
Living cost
1 940
1 940
1 940
1 940
Free-cash
109 125
109 444
112 808
112 946

Estimated living cost  is ₽1940 per week

₽1153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111664
₽92803
₽92804
₽106740
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
178 500
income
-
-
-
40 446
unemployment
-
-
-
1 109
health
-
-
-
7 615
pensions
-
-
-
19 224
total
-
-
-
68 394
Employee

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

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

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

26 090
-
165 265
-
unemployment
196
-
555
-
pensions
3 653
-
10 351
-
income
3 596
-
40 446
-
health
1 344
-
3 808
-
total
8 789
-
55 160
-
Employer

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

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

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

26 090
-
165 265
-
health
1 344
-
3 808
-
pensions
3 131
-
8 872
-
unemployment
196
-
555
-
total
4 671
-
13 235
-
Corporate
147 740
178 500
-
-
income
22 161
26 775
-
-
total
22 161
26 775
-
-
Dividends
125 579
151 725
-
-
withholding
18 837
22 759
-
-
total
18 837
22 759
-
-
Income
178 500
178 500
178 500
178 500
Total tax
54 458
49 534
68 395
68 394
After tax
124 042
128 966
110 105
110 106
Living cost
17 302
17 302
17 302
17 302
Free-cash
106 740
111 664
92 803
92 804

Estimated living cost  is ₽17302 per week

₽11649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽74558
₽54944
₽68477
₽74196
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 500
income
-
-
-
21 020
surtax
-
-
-
-
social contributions

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

-
-
-
62 029
total
-
-
-
83 049
Employee
38 833
-
144 241
-
surtax
-
-
-
-
social contributions
4 272
-
15 866
-
income
7 588
-
46 459
-
total
11 860
-
62 325
-
Employer
38 833
-
144 241
-
social contributions
9 222
-
34 257
-
total
9 222
-
34 257
-
Corporate
130 445
178 500
-
-
income
27 393
37 484
-
-
surtax
-
-
-
-
total
27 393
37 484
-
-
Dividends
103 052
141 016
-
-
withholding
28 855
39 484
-
-
total
28 855
39 484
-
-
Income
178 500
178 500
178 500
178 500
Total tax
77 330
76 968
96 582
83 049
After tax
101 170
101 532
81 918
95 451
Living cost
26 974
26 974
26 974
26 974
Free-cash
74 196
74 558
54 944
68 477

Estimated living cost  is ₽26974 per week

₽19105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83790
₽60788
₽64986
₽77245
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
accident
-
-
-
835
income
-
-
-
50 530
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
78 351
Employee
48 322
-
148 935
-
other
47
-
93
-
unemployment
748
-
1 437
-
pensions
2 271
-
4 359
-
income
10 093
-
47 095
-
total
13 159
-
52 984
-
Employer
48 322
-
148 935
-
pensions
11 404
-
21 887
-
accident
957
-
1 836
-
unemployment
2 658
-
5 100
-
other
387
-
742
-
total
15 406
-
29 565
-
Corporate
114 772
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.

17 216
26 776
-
-
total
17 216
26 776
-
-
Dividends
97 557
151 724
-
-
withholding
20 311
32 770
-
-
total
20 311
32 770
-
-
Income
178 500
178 500
178 500
178 500
Total tax
66 092
59 546
82 549
78 351
After tax
112 408
118 954
95 951
100 149
Living cost
35 164
35 164
35 164
35 164
Free-cash
77 245
83 790
60 788
64 986

Estimated living cost  is ₽35164 per week

₽25253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135413
₽132217
₽125191
₽129318
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
26 775
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
36 104
Employee
22 782
-
171 646
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
pensions

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

2 000
-
3 068
-
income
2 279
-
17 164
-
health
1 048
-
1 607
-
total
5 577
-
22 223
-
Employer
22 782
-
171 646
-
health
1 572
-
2 411
-
pensions

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

2 511
-
3 850
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
unemployment
137
-
210
-
total
4 470
-
6 855
-
Corporate
151 248
178 500
-
-
income
15 124
17 850
-
-
total
15 124
17 850
-
-
Dividends
136 123
160 650
-
-
withholding
6 806
8 032
-
-
total
6 806
8 032
-
-
Income
178 500
178 500
178 500
178 500
Total tax
31 977
25 882
29 078
36 104
After tax
146 523
152 618
149 422
142 396
Living cost
17 205
17 205
17 205
17 205
Free-cash
129 318
135 413
132 217
125 191

Estimated living cost  is ₽17205 per week

₽11379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53229
₽74561
₽55621
₽66324
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 500
income

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

-
-
-
55 427
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.

-
-
-
3 049
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.

-
-
-
6 835
trade
-
-
-
18 940
total
-
-
-
84 251
Employee

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

49 783
-
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.

226
-
3 049
-
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.

4 094
-
55 427
-
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.

6 835
-
6 835
-
total
11 155
-
65 311
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
128 717
178 500
-
-
income
19 308
26 776
-
-
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.

1 061
1 473
-
-
chamber of commerce
340
414
-
-
trade
18 471
25 616
-
-
total
39 180
54 279
-
-
Dividends
89 537
124 221
-
-
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.

1 209
1 688
-
-
withholding
22 004
30 676
-
-
total
23 213
32 364
-
-
Income
178 500
178 500
178 500
178 500
Total tax
73 548
86 643
65 311
84 251
After tax
104 952
91 857
113 189
94 249
Living cost
38 628
38 628
38 628
38 628
Free-cash
66 324
53 229
74 561
55 621

Estimated living cost  is ₽38628 per week

₽26647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67955
₽36811
₽36811
₽70165
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 862
social contributions
-
-
-
29 832
total
-
-
-
84 694
Employee
78 265
-
178 500
-
income
14 768
-
54 862
-
social contributions
6 502
-
29 832
-
total
21 270
-
84 694
-
Employer
78 265
-
178 500
-
total
-
-
-
-
Corporate
100 235
178 500
-
-
income
12 530
22 312
-
-
total
12 530
22 312
-
-
Dividends
87 706
156 188
-
-
withholding
17 540
31 238
-
-
total
17 540
31 238
-
-
Income
178 500
178 500
178 500
178 500
Total tax
51 340
53 550
84 694
84 694
After tax
127 160
124 950
93 806
93 806
Living cost
56 995
56 995
56 995
56 995
Free-cash
70 165
67 955
36 811
36 811

Estimated living cost  is ₽56995 per week

₽43361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
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.
₽8445
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74419
₽90460
₽107680
₽77916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 481
health

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

-
-
-
6 019
total
-
-
-
34 500
Employee
45 899
-
173 898
-
income
4 980
-
42 516
-
social contributions
4 599
-
4 602
-
total
9 579
-
47 118
-
Employer
45 899
-
173 898
-
social contributions
4 599
-
4 602
-
total
4 599
-
4 602
-
Corporate
128 002
178 500
-
-
income
44 800
62 475
-
-
total
44 800
62 475
-
-
Dividends
83 202
116 025
-
-
social contributions
5 286
5 286
-
-
total
5 286
5 286
-
-
Income
178 500
178 500
178 500
178 500
Total tax
64 264
67 761
51 720
34 500
After tax
114 236
110 739
126 780
144 000
Living cost
36 320
36 320
36 320
36 320
Free-cash
77 916
74 419
90 460
107 680

Estimated living cost  is ₽36320 per week

₽23924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2863
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.
₽8975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79595
₽65111
₽81242
₽85470
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 420
pensions
-
-
-
9 000
total
-
-
-
60 420
Employee
50 566
-
155 894
-
pensions
3 859
-
11 041
-
income
9 208
-
40 660
-
health
660
-
2 246
-
total
13 727
-
53 947
-
Employer
50 566
-
155 894
-
health
961
-
2 962
-
pensions
5 109
-
19 642
-
total
6 070
-
22 604
-
Corporate
121 864
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.

23 154
33 916
-
-
total
23 154
33 916
-
-
Dividends
98 710
144 584
-
-
withholding
13 241
28 151
-
-
total
13 241
28 151
-
-
Income
178 500
178 500
178 500
178 500
Total tax
56 192
62 067
76 551
60 420
After tax
122 308
116 433
101 949
118 080
Living cost
36 838
36 838
36 838
36 838
Free-cash
85 470
79 595
65 111
81 242

Estimated living cost  is ₽36838 per week

₽25271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3388
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9691
₽72807
₽97874
₽10755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
accident
-
-
-
256
income
-
-
-
49 416
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
56 477
Employee
37 987
-
160 710
-
pensions
4 277
-
7 734
-
income
5 211
-
37 619
-
health
4 349
-
18 401
-
total
13 837
-
63 754
-
Employer
37 987
-
160 710
-
pensions
6 176
-
11 169
-
accident
634
-
2 684
-
unemployment
931
-
3 937
-
total
7 741
-
17 790
-
Corporate
132 772
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.

119 495
160 650
-
-
total
119 495
160 650
-
-
Dividends
13 277
17 850
-
-
withholding
2 523
3 392
-
-
total
2 523
3 392
-
-
Income
178 500
178 500
178 500
178 500
Total tax
143 596
164 042
81 544
56 477
After tax
34 904
14 458
96 956
122 023
Living cost
24 149
24 149
24 149
24 149
Free-cash
10 755
-9 691
72 807
97 874

Estimated living cost  is ₽24149 per week

₽17722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136694
₽113521
₽91520
₽132013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 465
unemployment
-
-
-
1 920
work injury
-
-
-
800
health insurance
-
-
-
11 840
pensions
-
-
-
29 441
total
-
-
-
73 466
Employee

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

21 623
-
178 500
-
health insurance
1 600
-
5 920
-
unemployment
259
-
960
-
work injury
108
-
400
-
pensions
3 979
-
14 720
-
income
2 162
-
29 465
-
total
8 108
-
51 465
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
156 877
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%.

1 569
1 785
-
-
total
1 569
1 785
-
-
Dividends
155 308
176 715
-
-
withholding
23 296
26 507
-
-
total
23 296
26 507
-
-
Income
178 500
178 500
178 500
178 500
Total tax
32 973
28 292
51 465
73 466
After tax
145 527
150 208
127 035
105 034
Living cost
13 514
13 514
13 514
13 514
Free-cash
132 013
136 694
113 521
91 520

Estimated living cost  is ₽13514 per week

₽8372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54163
₽35372
₽43205
₽49611
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
social contributions
-
-
-
45 911
regional
-
-
-
4 091
municipal
-
-
-
1 192
national
-
-
-
44 242
total
-
-
-
95 436
Employee
84 312
-
178 500
-
municipal
503
-
1 065
-
national
14 248
-
38 386
-
regional
1 273
-
3 629
-
social contributions
28 430
-
60 189
-
total
44 454
-
103 269
-
Employer
84 312
-
178 500
-
total
-
-
-
-
Corporate
94 188
178 500
-
-
municipal
4 540
8 603
-
-
nationa
22 604
42 841
-
-
total
27 144
51 444
-
-
Dividends
67 044
127 056
-
-
withholding
17 432
33 034
-
-
total
17 432
33 034
-
-
Income
178 500
178 500
178 500
178 500
Total tax
89 030
84 478
103 269
95 436
After tax
89 470
94 022
75 231
83 064
Living cost
39 859
39 859
39 859
39 859
Free-cash
49 611
54 163
35 372
43 205

Estimated living cost  is ₽39859 per week

₽27999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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