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
₽61473
₽83848
₽62634
₽71892
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 500
income

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

-
-
-
56 567
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.

-
-
-
3 111
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.

-
-
-
6 437
trade
-
-
-
21 214
total
-
-
-
87 329
Employee

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

36 036
-
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.

55
-
3 111
-
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.

1 007
-
56 567
-
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.

6 437
-
6 437
-
total
7 499
-
66 115
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
142 464
178 500
-
-
income
21 369
26 774
-
-
surtax

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

1 175
1 473
-
-
chamber of commerce
347
399
-
-
trade
22 439
28 113
-
-
total
45 330
56 759
-
-
Dividends
97 135
121 740
-
-
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.

1 316
1 654
-
-
withholding
23 926
30 077
-
-
total
25 242
31 731
-
-
Income
178 500
178 500
178 500
178 500
Total tax
78 071
88 490
66 115
87 329
After tax
100 429
90 010
112 385
91 171
Living cost
28 537
28 537
28 537
28 537
Free-cash
71 892
61 473
83 848
62 634

Estimated living cost  is ₽28537 per week

₽17951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61214
₽55672
₽54714
₽60380
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 584
national
-
-
-
30 693
pensions
-
-
-
21 420
total
-
-
-
73 616
Employee
77 774
-
154 312
-
municipal
9 606
-
20 275
-
pensions
3 111
-
6 172
-
national
14 886
-
32 207
-
total
27 603
-
58 654
-
Employer
77 774
-
154 312
-
pensions
6 222
-
12 345
-
social contributions
836
-
1 659
-
total
7 058
-
14 004
-
Corporate
88 535
178 500
-
-
income

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

17 707
35 700
-
-
total
17 707
35 700
-
-
Dividends
70 828
142 800
-
-
withholding
15 582
31 416
-
-
total
15 582
31 416
-
-
Income
178 500
178 500
178 500
178 500
Total tax
67 950
67 116
72 658
73 616
After tax
110 550
111 384
105 842
104 884
Living cost
50 170
50 170
50 170
50 170
Free-cash
60 380
61 214
55 672
54 714

Estimated living cost  is ₽50170 per week

₽34100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽751
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123199
₽56247
₽43074
₽115470
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 210
surtax
-
-
-
45 517
social contributions

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

-
-
-
36 098
microenterprise
-
-
-
-
total
-
-
-
115 825
Employee
27 531
-
136 442
-
surtax
-
-
19 783
-
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.

3 029
-
12 351
-
income
4 901
-
28 460
-
total
7 930
-
60 594
-
Employer
27 531
-
136 442
-
social contributions

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

6 631
-
27 050
-
surtax
-
-
15 008
-
total
6 631
-
42 058
-
Corporate
144 338
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%.

28 868
35 700
-
-
total
28 868
35 700
-
-
Dividends

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

115 470
142 800
-
-
total
-
-
-
-
Income
178 500
178 500
178 500
178 500
Total tax
43 429
35 700
102 652
115 825
After tax
135 071
142 800
75 848
62 675
Living cost
19 601
19 601
19 601
19 601
Free-cash
115 470
123 199
56 247
43 074

Estimated living cost  is ₽19601 per week

₽12505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49093
₽73414
₽58204
₽43320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 170
health
-
-
-
11 618
pensions
-
-
-
11 039
total
-
-
-
80 827
Employee
80 457
80 457
160 991
-
pensions
14 482
11 039
11 039
-
income

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

13 170
13 170
25 451
-
health
12 349
10 504
11 618
-
total
40 001
34 713
48 108
-
Employer
80 457
80 457
160 991
-
health
5 593
5 593
6 950
-
pensions
5 600
5 600
6 960
-
unemployment
2 896
2 896
3 599
-
total
14 089
14 089
17 509
-
Corporate
84 941
83 954
-
-
income
16 989
16 790
-
-
total
16 989
16 790
-
-
Dividends
67 952
67 164
-
-
income
14 439
14 271
-
-
withholding
10 193
10 075
-
-
total
24 632
24 346
-
-
Income
178 500
178 500
178 500
178 500
Total tax
95 711
89 938
65 617
80 827
After tax
82 789
88 562
112 883
97 673
Living cost
39 469
39 469
39 469
39 469
Free-cash
43 320
49 093
73 414
58 204

Estimated living cost  is ₽39469 per week

₽27970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59841
₽52358
₽53272
₽58996
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
165
other
-
-
-
9 581
unemployment
-
-
-
82
health
-
-
-
5 145
municipal
-
-
-
46 106
national
-
-
-
17 616
pensions
-
-
-
8 913
total
-
-
-
87 608
Employee
53 604
-
152 595
-
municipal
15 985
-
45 504
-
national
-
-
17 111
-
total
15 985
-
62 615
-
Employer
53 604
-
152 595
-
health
3 297
-
5 071
-
pensions
5 795
-
8 913
-
accident
107
-
165
-
unemployment
1 415
-
2 177
-
other
6 229
-
9 581
-
total
16 843
-
25 907
-
Corporate
108 053
178 500
-
-
income
23 772
39 270
-
-
total
23 772
39 270
-
-
Dividends
84 281
139 230
-
-
withholding
25 284
41 769
-
-
total
25 284
41 769
-
-
Income
178 500
178 500
178 500
178 500
Total tax
81 884
81 039
88 522
87 608
After tax
96 616
97 461
89 978
90 892
Living cost
37 620
37 620
37 620
37 620
Free-cash
58 996
59 841
52 358
53 272

Estimated living cost  is ₽37620 per week

₽24933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52077
₽75373
₽53215
₽65317
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 500
income

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

-
-
-
56 567
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.

-
-
-
3 111
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.

-
-
-
6 437
trade
-
-
-
22 158
total
-
-
-
88 273
Employee

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

47 779
-
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.

225
-
3 111
-
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.

4 105
-
56 567
-
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.

6 437
-
6 437
-
total
10 767
-
66 115
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 721
178 500
-
-
income
19 608
26 774
-
-
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.

1 078
1 473
-
-
chamber of commerce
329
397
-
-
trade
21 503
29 363
-
-
total
42 518
58 007
-
-
Dividends
88 202
120 492
-
-
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.

1 193
1 638
-
-
withholding
21 693
29 766
-
-
total
22 886
31 404
-
-
Income
178 500
178 500
178 500
178 500
Total tax
76 171
89 411
66 115
88 273
After tax
102 329
89 089
112 385
90 227
Living cost
37 012
37 012
37 012
37 012
Free-cash
65 317
52 077
75 373
53 215

Estimated living cost  is ₽37012 per week

₽24754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99617
₽89280
₽90818
₽95710
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 327
social contributions
-
-
-
15 244
health
-
-
-
4 552
total
-
-
-
57 123
Employee
72 448
72 448
167 295
-
social contributions
3 520
6 013
8 110
-
income
7 608
6 707
36 501
-
health
721
1 232
2 845
-
total
11 849
13 952
47 456
-
Employer
72 448
72 448
167 295
-
health
785
1 341
3 095
-
social contributions
3 520
6 013
8 110
-
total
4 305
7 354
11 205
-
Corporate
131 787
98 698
-
-
income
16 474
12 337
-
-
total
16 474
12 337
-
-
Dividends
115 313
86 362
-
-
withholding
19 603
14 681
-
-
total
19 603
14 681
-
-
Income
178 500
178 500
178 500
178 500
Total tax
52 231
48 324
58 661
57 123
After tax
126 269
130 176
119 839
121 377
Living cost
30 559
30 559
30 559
30 559
Free-cash
95 710
99 617
89 280
90 818

Estimated living cost  is ₽30559 per week

₽20890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2387
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.
₽6769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83332
₽86568
₽106747
₽83684
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

24 409
9 714
149 372
-
unemployment
366
146
2 241
-
pensions
2 441
971
14 937
-
income
2 984
1 188
18 261
-
health
1 709
680
10 456
-
total
7 500
2 985
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.

24 409
9 714
149 372
-
pensions
4 760
1 894
29 128
-
total
4 760
1 894
29 128
-
Corporate
149 331
166 891
-
-
income
13 440
15 020
-
-
total
13 440
15 020
-
-
Dividends
135 891
151 871
-
-
social contributions
26 388
29 504
-
-
withholding
25 819
28 856
-
-
total
52 207
58 360
-
-
Income
178 500
178 500
178 500
178 500
Total tax
77 907
78 259
75 023
54 844
After tax
100 593
100 241
103 477
123 656
Living cost
16 909
16 909
16 909
16 909
Free-cash
83 684
83 332
86 568
106 747

Estimated living cost  is ₽16909 per week

₽11539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1384
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120043
₽80128
₽72918
₽114189
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
23 919
health
-
-
-
23 206
pensions
-
-
-
35 700
total
-
-
-
82 825
Employee
26 728
-
133 407
-
unemployment
427
-
2 135
-
pensions
535
-
2 668
-
income
3 009
-
25 721
-
total
3 971
-
30 524
-
Employer
26 728
-
133 407
-
health
3 474
-
17 343
-
pensions
5 346
-
26 681
-
unemployment
215
-
1 067
-
total
9 035
-
45 091
-
Corporate
142 738
178 500
-
-
income
28 548
35 700
-
-
total
28 548
35 700
-
-
Dividends
114 190
142 800
-
-
total
-
-
-
-
Income
178 500
178 500
178 500
178 500
Total tax
41 554
35 700
75 615
82 825
After tax
136 946
142 800
102 885
95 675
Living cost
22 757
22 757
22 757
22 757
Free-cash
114 189
120 043
80 128
72 918

Estimated living cost  is ₽22757 per week

₽15609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and 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 Tallinn model

Close
Gdansk , Poland
-₽6586
₽76265
₽100943
₽11230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
49 851
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
56 513
Employee
33 103
-
161 315
-
pensions
3 728
-
7 298
-
income
4 541
-
38 238
-
health
3 790
-
18 471
-
total
12 059
-
64 007
-
Employer
33 103
-
161 315
-
pensions
5 383
-
10 538
-
accident
553
-
2 694
-
unemployment
811
-
3 952
-
total
6 747
-
17 184
-
Corporate
138 650
178 500
-
-
income

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

124 785
160 650
-
-
total
124 785
160 650
-
-
Dividends
13 865
17 850
-
-
withholding
2 635
3 392
-
-
total
2 635
3 392
-
-
Income
178 500
178 500
178 500
178 500
Total tax
146 226
164 042
81 191
56 513
After tax
32 274
14 458
97 309
121 987
Living cost
21 044
21 044
21 044
21 044
Free-cash
11 230
-6 586
76 265
100 943

Estimated living cost  is ₽21044 per week

₽15423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161968
₽135193
₽169108
₽160542
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 500
microenterprise

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

-
-
-
1 785
total
-
-
-
1 785
Employee
9 509
-
178 500
-
income
1 902
-
35 700
-
total
1 902
-
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%.

168 991
178 500
-
-
total
-
-
-
-
Dividends
168 991
178 500
-
-
withholding
8 449
8 925
-
-
total
8 449
8 925
-
-
Income
178 500
178 500
178 500
178 500
Total tax
10 351
8 925
35 700
1 785
After tax
168 149
169 575
142 800
176 715
Living cost
7 607
7 607
7 607
7 607
Free-cash
160 542
161 968
135 193
169 108

Estimated living cost  is ₽7607 per week

₽4714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106038
₽75762
₽77136
₽99678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 764
other
-
-
-
6 805
health
-
-
-
6 304
pensions

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

-
-
-
34 386
total
-
-
-
76 259
Employee
34 209
-
142 573
-
unemployment
341
-
1 425
-
pensions

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

2 394
-
9 980
-
income
5 889
-
28 307
-
health
479
-
1 995
-
total
9 103
-
41 707
-
Employer
34 209
-
142 573
-
health
479
-
1 995
-
pensions

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

5 816
-
24 237
-
accident
274
-
1 141
-
unemployment
341
-
1 425
-
other
1 711
-
7 128
-
total
8 621
-
35 926
-
Corporate
135 670
178 500
-
-
income
28 491
37 486
-
-
total
28 491
37 486
-
-
Dividends
107 179
141 014
-
-
withholding
7 502
9 871
-
-
total
7 502
9 871
-
-
Income
178 500
178 500
178 500
178 500
Total tax
53 717
47 357
77 633
76 259
After tax
124 783
131 143
100 867
102 241
Living cost
25 105
25 105
25 105
25 105
Free-cash
99 678
106 038
75 762
77 136

Estimated living cost  is ₽25105 per week

₽17738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52456
₽38299
₽54386
₽57749
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
52 337
pensions
-
-
-
8 731
total
-
-
-
61 068
Employee
89 201
-
155 814
-
pensions
8 605
-
10 647
-
income
16 079
-
41 611
-
health
1 470
-
2 211
-
total
26 154
-
54 469
-
Employer
89 201
-
155 814
-
health
1 694
-
2 961
-
pensions
10 532
-
19 725
-
total
12 226
-
22 686
-
Corporate
77 073
178 500
-
-
income

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

14 643
33 915
-
-
total
14 643
33 915
-
-
Dividends
62 430
144 585
-
-
withholding
4 682
29 083
-
-
total
4 682
29 083
-
-
Income
178 500
178 500
178 500
178 500
Total tax
57 705
62 998
77 155
61 068
After tax
120 795
115 502
101 345
117 432
Living cost
63 046
63 046
63 046
63 046
Free-cash
57 749
52 456
38 299
54 386

Estimated living cost  is ₽63046 per week

₽47242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7408
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.
₽7885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽140270
₽137730
₽130593
₽135894
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
132
health
-
-
-
3 783
pensions

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

-
-
-
4 869
total
-
-
-
35 559
Employee
16 350
-
172 046
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 436
-
2 888
-
income
1 635
-
17 205
-
health
752
-
1 513
-
total
4 003
-
21 968
-
Employer
16 350
-
172 046
-
health
1 129
-
2 270
-
pensions

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

1 802
-
3 625
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
unemployment
98
-
197
-
total
3 209
-
6 454
-
Corporate
158 941
178 500
-
-
income
15 894
17 850
-
-
total
15 894
17 850
-
-
Dividends
143 047
160 650
-
-
withholding
7 152
8 032
-
-
total
7 152
8 032
-
-
Income
178 500
178 500
178 500
178 500
Total tax
30 258
25 882
28 422
35 559
After tax
148 242
152 618
150 078
142 941
Living cost
12 348
12 348
12 348
12 348
Free-cash
135 894
140 270
137 730
130 593

Estimated living cost  is ₽12348 per week

₽7209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36318
₽60639
₽45429
₽38687
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 170
health
-
-
-
11 618
pensions
-
-
-
11 039
total
-
-
-
80 827
Employee
87 351
80 457
160 991
-
pensions
11 039
11 039
11 039
-
income

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

13 170
13 170
25 451
-
health
10 897
10 504
11 618
-
total
35 106
34 713
48 108
-
Employer
87 351
80 457
160 991
-
health
6 070
5 593
6 950
-
pensions
6 079
5 600
6 960
-
unemployment
3 145
2 896
3 599
-
total
15 294
14 089
17 509
-
Corporate
75 855
83 954
-
-
income
15 171
16 790
-
-
total
15 171
16 790
-
-
Dividends
60 685
67 164
-
-
income
12 896
14 271
-
-
withholding
9 102
10 075
-
-
total
21 998
24 346
-
-
Income
178 500
178 500
178 500
178 500
Total tax
87 569
89 938
65 617
80 827
After tax
90 931
88 562
112 883
97 673
Living cost
52 244
52 244
52 244
52 244
Free-cash
38 687
36 318
60 639
45 429

Estimated living cost  is ₽52244 per week

₽38539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99779
₽71782
₽79344
₽91530
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 171
social contributions
-
-
-
33 265
solidarity contribution
-
-
-
505
health
-
-
-
24 097
total
-
-
-
76 038
Employee
33 996
-
137 633
-
solidarity contribution
-
-
-
-
social contributions
2 210
-
7 405
-
income
4 080
-
16 747
-
health
4 590
-
18 580
-
total
10 880
-
42 732
-
Employer
33 996
-
137 633
-
health
3 060
-
12 387
-
social contributions
8 499
-
28 481
-
total
11 559
-
40 868
-
Corporate
132 945
178 500
-
-
income
25 260
33 915
-
-
total
25 260
33 915
-
-
Dividends
107 685
144 585
-
-
withholding
16 153
21 688
-
-
total
16 153
21 688
-
-
Income
178 500
178 500
178 500
178 500
Total tax
63 852
55 603
83 600
76 038
After tax
114 648
122 897
94 900
102 462
Living cost
23 118
23 118
23 118
23 118
Free-cash
91 530
99 779
71 782
79 344

Estimated living cost  is ₽23118 per week

₽16058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55480
₽36757
₽44822
₽50562
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 119
municipal
-
-
-
1 060
national
-
-
-
44 832
total
-
-
-
93 922
Employee
83 734
-
178 500
-
municipal
443
-
946
-
national
14 509
-
38 977
-
regional
790
-
1 873
-
social contributions
28 235
-
60 191
-
total
43 977
-
101 987
-
Employer
83 734
-
178 500
-
total
-
-
-
-
Corporate
94 766
178 500
-
-
municipal
3 696
6 962
-
-
nationa
22 744
42 841
-
-
total
26 440
49 803
-
-
Dividends
68 326
128 697
-
-
withholding
17 765
33 461
-
-
total
17 765
33 461
-
-
Income
178 500
178 500
178 500
178 500
Total tax
88 182
83 264
101 987
93 922
After tax
90 318
95 236
76 513
84 578
Living cost
39 756
39 756
39 756
39 756
Free-cash
50 562
55 480
36 757
44 822

Estimated living cost  is ₽39756 per week

₽27713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91487
₽57752
₽63513
₽88553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 664
other
-
-
-
-
surtax
-
-
-
8 242
unemployment
-
-
-
215
health
-
-
-
8 927
pensions
-
-
-
25 149
total
-
-
-
94 197
Employee
31 157
-
152 031
-
other
-
-
-
-
unemployment
2 169
-
8 752
-
pensions
2 078
-
8 387
-
surtax
102
-
7 116
-
income
5 223
-
46 029
-
health
796
-
3 206
-
total
10 368
-
73 490
-
Employer
31 157
-
152 031
-
health
1 418
-
5 721
-
pensions
4 153
-
16 762
-
unemployment
987
-
3 985
-
other
-
-
-
-
total
6 558
-
26 468
-
Corporate
140 785
178 500
-
-
income
36 604
46 409
-
-
total
36 604
46 409
-
-
Dividends
104 181
132 091
-
-
withholding
15 627
19 814
-
-
total
15 627
19 814
-
-
Income
178 500
178 500
178 500
178 500
Total tax
69 157
66 223
99 958
94 197
After tax
109 343
112 277
78 542
84 303
Living cost
20 790
20 790
20 790
20 790
Free-cash
88 553
91 487
57 752
63 513

Estimated living cost  is ₽20790 per week

₽12712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72430
₽58273
₽74360
₽78657
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
52 337
pensions
-
-
-
8 731
total
-
-
-
61 068
Employee
59 780
-
155 814
-
pensions
5 074
-
10 647
-
income
10 767
-
41 611
-
health
868
-
2 211
-
total
16 709
-
54 469
-
Employer
59 780
-
155 814
-
health
1 136
-
2 961
-
pensions
6 471
-
19 725
-
total
7 607
-
22 686
-
Corporate
111 113
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.

21 112
33 915
-
-
total
21 112
33 915
-
-
Dividends
90 001
144 585
-
-
withholding
11 343
29 083
-
-
total
11 343
29 083
-
-
Income
178 500
178 500
178 500
178 500
Total tax
56 771
62 998
77 155
61 068
After tax
121 729
115 502
101 345
117 432
Living cost
43 072
43 072
43 072
43 072
Free-cash
78 657
72 430
58 273
74 360

Estimated living cost  is ₽43072 per week

₽32269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7175
₽61344
₽69405
₽39027
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 060
health
-
-
-
402
city
-
-
-
1 882
national
-
-
-
3 311
pensions
-
-
-
16 421
total
-
-
-
34 646
Employee
87 124
-
159 769
-
unemployment
-
-
-
-
pensions
7 320
-
13 419
-
national
412
-
2 428
-
regional
2 853
-
7 811
-
city
935
-
1 717
-
health
197
-
359
-
total
11 717
-
25 734
-
Employer
87 124
-
159 769
-
health
197
-
359
-
pensions
7 320
-
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.

1 742
-
3 195
-
total
9 259
-
16 973
-
Corporate
81 159
178 500
-
-
regional
17 165
37 753
-
-
national
6 899
15 173
-
-
total
24 064
52 926
-
-
Dividends
57 095
125 574
-
-
withholding
19 984
43 950
-
-
total
19 984
43 950
-
-
Income
178 500
178 500
178 500
178 500
Total tax
65 024
96 876
42 707
34 646
After tax
113 476
81 624
135 793
143 854
Living cost
74 449
74 449
74 449
74 449
Free-cash
39 027
7 175
61 344
69 405

Estimated living cost  is ₽74449 per week

₽48413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽914
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽45011
₽69224
₽46124
₽60286
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 500
income

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

-
-
-
56 567
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.

-
-
-
3 111
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.

-
-
-
6 437
trade
-
-
-
23 100
total
-
-
-
89 215
Employee

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

56 622
-
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.

367
-
3 111
-
income

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

6 658
-
56 567
-
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.

6 437
-
6 437
-
total
13 462
-
66 115
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
121 878
178 500
-
-
income
18 282
26 774
-
-
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.

1 005
1 473
-
-
chamber of commerce
315
395
-
-
trade
20 903
30 613
-
-
total
40 505
59 255
-
-
Dividends
81 374
119 244
-
-
surtax

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

1 100
1 620
-
-
withholding
19 986
29 453
-
-
total
21 086
31 073
-
-
Income
178 500
178 500
178 500
178 500
Total tax
75 053
90 328
66 115
89 215
After tax
103 447
88 172
112 385
89 285
Living cost
43 161
43 161
43 161
43 161
Free-cash
60 286
45 011
69 224
46 124

Estimated living cost  is ₽43161 per week

₽31523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3453
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57730
₽64429
₽68152
₽63295
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 921
other
-
-
-
5 534
surtax
-
-
-
-
social contributions
-
-
-
5 085
health
-
-
-
7 940
pensions
-
-
-
30 633
total
-
-
-
78 113
Employee
40 323
-
137 617
-
pensions
4 559
-
9 791
-
surtax
-
-
-
-
social contributions
1 150
-
3 921
-
income
2 380
-
27 240
-
total
8 089
-
40 952
-
Employer
40 323
-
137 617
-
health
2 823
-
12 994
-
pensions
6 624
-
16 441
-
unemployment
1 632
-
5 573
-
social contributions
122
-
413
-
other
1 391
-
5 463
-
total
12 592
-
40 884
-
Corporate
125 584
178 500
-
-
income
35 163
49 980
-
-
surtax
-
-
-
-
total
35 163
49 980
-
-
Dividends
90 421
128 520
-
-
surtax
-
-
-
-
social contributions
15 553
22 104
-
-
withholding
11 573
16 451
-
-
total
27 126
38 555
-
-
Income
178 500
178 500
178 500
178 500
Total tax
82 970
88 535
81 836
78 113
After tax
95 530
89 965
96 664
100 387
Living cost
32 235
32 235
32 235
32 235
Free-cash
63 295
57 730
64 429
68 152

Estimated living cost  is ₽32235 per week

₽20325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60924
₽67623
₽71346
₽66158
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 921
other
-
-
-
5 534
surtax
-
-
-
-
social contributions
-
-
-
5 085
health
-
-
-
7 940
pensions
-
-
-
30 633
total
-
-
-
78 113
Employee
35 994
-
137 617
-
pensions
4 071
-
9 791
-
surtax
-
-
-
-
social contributions
1 026
-
3 921
-
income
1 856
-
27 240
-
total
6 953
-
40 952
-
Employer
35 994
-
137 617
-
health
2 519
-
12 994
-
pensions
5 914
-
16 441
-
unemployment
1 457
-
5 573
-
social contributions
107
-
413
-
other
1 243
-
5 463
-
total
11 240
-
40 884
-
Corporate
131 265
178 500
-
-
income
36 755
49 980
-
-
surtax
-
-
-
-
total
36 755
49 980
-
-
Dividends
94 511
128 520
-
-
surtax
-
-
-
-
social contributions
16 256
22 104
-
-
withholding
12 097
16 451
-
-
total
28 353
38 555
-
-
Income
178 500
178 500
178 500
178 500
Total tax
83 301
88 535
81 836
78 113
After tax
95 199
89 965
96 664
100 387
Living cost
29 041
29 041
29 041
29 041
Free-cash
66 158
60 924
67 623
71 346

Estimated living cost  is ₽29041 per week

₽16842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88924
₽90606
₽94656
₽89413
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 774
social contributions
-
-
-
24 632
health
-
-
-
12 460
total
-
-
-
63 866
Employee
31 945
-
178 500
-
social contributions
4 409
-
24 632
-
income
5 328
-
30 824
-
health
2 230
-
12 460
-
total
11 967
-
67 916
-
Employer
31 945
-
178 500
-
total
-
-
-
-
Corporate
146 555
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%.

7 327
8 925
-
-
total
7 327
8 925
-
-
Dividends
139 228
169 575
-
-
social contributions
19 213
23 400
-
-
withholding
20 885
25 437
-
-
health
9 717
11 836
-
-
total
49 815
60 673
-
-
Income
178 500
178 500
178 500
178 500
Total tax
69 109
69 598
67 916
63 866
After tax
109 391
108 902
110 584
114 634
Living cost
19 978
19 978
19 978
19 978
Free-cash
89 413
88 924
90 606
94 656

Estimated living cost  is ₽19978 per week

₽13370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1232
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65446
₽13952
₽58451
₽63991
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 391
surtax
-
-
-
186
unemployment
-
-
-
5 779
chamber of commerce
-
-
-
713
health
-
-
-
8 419
pensions
-
-
-
20 363
total
-
-
-
86 851
Employee
47 085
37 547
144 150
-
other
470
375
1 101
-
unemployment
1 412
1 126
3 302
-
pensions
4 822
3 844
11 271
-
income
5 360
2 770
41 923
-
health
1 822
1 454
4 259
-
total
13 886
9 569
61 856
-
Employer
47 085
37 547
144 150
-
chamber of commerce
188
150
576
-
health
1 779
1 420
4 161
-
pensions
5 909
4 713
13 814
-
accident
611
488
1 430
-
unemployment
1 412
1 126
3 302
-
surtax
186
186
186
-
payroll
1 412
1 126
4 325
-
other
2 237
1 783
6 556
-
total
13 734
10 992
34 350
-
Corporate
117 680
129 961
140 574
-
income

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

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

29 420
32 490
35 144
-
total
29 420
32 490
35 144
-
Dividends
88 260
97 471
-
-
withholding
24 271
26 805
-
-
total
24 271
26 805
-
-
Income
178 500
178 500
178 500
178 500
Total tax
81 311
79 856
131 350
86 851
After tax
97 189
98 644
47 150
91 649
Living cost
33 198
33 198
33 198
33 198
Free-cash
63 991
65 446
13 952
58 451

Estimated living cost  is ₽33198 per week

₽22142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
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.
₽7679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65451
₽27793
₽43114
₽51322
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
9 301
social contributions
-
-
-
23 490
national
-
-
-
68 242
total
-
-
-
101 033
Employee

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

67 394
-
138 257
-
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.

586
-
1 203
-
communal

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

3 515
-
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.

5 054
-
10 370
-
national
20 719
-
50 829
-
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.

3 166
-
6 497
-
total
33 040
-
76 110
-
Employer

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

67 394
-
138 257
-
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.

4 144
-
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.

5 972
-
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.

876
-
1 797
-
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.

983
-
2 019
-
surtax
7 642
-
15 677
-
total
19 617
-
40 244
-
Corporate
91 489
178 500
-
-
income
18 298
35 700
-
-
surtax
367
713
-
-
total
18 665
36 413
-
-
Dividends
72 825
142 087
-
-
withholding

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

21 503
42 283
-
-
total
21 503
42 283
-
-
Income
178 500
178 500
178 500
178 500
Total tax
92 825
78 696
116 354
101 033
After tax
85 675
99 804
62 146
77 467
Living cost
34 353
34 353
34 353
34 353
Free-cash
51 322
65 451
27 793
43 114

Estimated living cost  is ₽34353 per week

₽22127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3004
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84807
₽62056
₽66008
₽78350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
52 268
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
78 467
Employee
46 899
-
150 660
-
other
46
-
88
-
unemployment
728
-
1 353
-
pensions
2 205
-
4 105
-
income
9 895
-
49 033
-
total
12 874
-
54 579
-
Employer
46 899
-
150 660
-
pensions
11 067
-
20 610
-
accident
928
-
1 729
-
unemployment
2 580
-
4 802
-
other
374
-
699
-
total
14 949
-
27 840
-
Corporate
116 652
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.

17 499
26 774
-
-
total
17 499
26 774
-
-
Dividends
99 154
151 726
-
-
withholding
20 803
32 894
-
-
total
20 803
32 894
-
-
Income
178 500
178 500
178 500
178 500
Total tax
66 125
59 668
82 419
78 467
After tax
112 375
118 832
96 081
100 033
Living cost
34 026
34 026
34 026
34 026
Free-cash
78 350
84 807
62 056
66 008

Estimated living cost  is ₽34026 per week

₽25056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52315
₽42763
₽35648
₽39862
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 282
accident
-
-
-
1 505
income
-
-
-
30 720
surtax
-
-
-
8 848
health
-
-
-
12 541
pensions
-
-
-
26 755
total
-
-
-
91 651
Employee
71 349
-
159 446
-
pensions
5 707
-
12 755
-
surtax
4 373
-
9 771
-
income
6 892
-
35 860
-
health
3 175
-
7 096
-
total
20 147
-
65 482
-
Employer
71 349
-
159 446
-
health
2 176
-
4 863
-
pensions
5 707
-
12 755
-
accident
642
-
1 436
-
total
8 525
-
19 054
-
Corporate
98 626
178 500
-
-
communal
6 656
12 049
-
-
income
14 793
26 774
-
-
surtax
1 035
1 874
-
-
total
22 484
40 697
-
-
Dividends
76 141
137 803
-
-
income
24 860
13 617
-
-
withholding
11 421
20 670
-
-
total
36 281
34 287
-
-
Income
178 500
178 500
178 500
178 500
Total tax
87 437
74 984
84 536
91 651
After tax
91 063
103 516
93 964
86 849
Living cost
51 201
51 201
51 201
51 201
Free-cash
39 862
52 315
42 763
35 648

Estimated living cost  is ₽51201 per week

₽38408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91115
₽57380
₽63141
₽88117
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 664
other
-
-
-
-
surtax
-
-
-
8 242
unemployment
-
-
-
215
health
-
-
-
8 927
pensions
-
-
-
25 149
total
-
-
-
94 197
Employee
31 729
-
152 031
-
other
-
-
-
-
unemployment
2 208
-
8 752
-
pensions
2 117
-
8 387
-
surtax
113
-
7 116
-
income
5 319
-
46 029
-
health
810
-
3 206
-
total
10 567
-
73 490
-
Employer
31 729
-
152 031
-
health
1 443
-
5 721
-
pensions
4 230
-
16 762
-
unemployment
1 007
-
3 985
-
other
-
-
-
-
total
6 680
-
26 468
-
Corporate
140 092
178 500
-
-
income
36 424
46 409
-
-
total
36 424
46 409
-
-
Dividends
103 668
132 091
-
-
withholding
15 550
19 814
-
-
total
15 550
19 814
-
-
Income
178 500
178 500
178 500
178 500
Total tax
69 221
66 223
99 958
94 197
After tax
109 279
112 277
78 542
84 303
Living cost
21 162
21 162
21 162
21 162
Free-cash
88 117
91 115
57 380
63 141

Estimated living cost  is ₽21162 per week

₽12777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽68443
₽50604
₽58625
₽66351
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 692
municipal
-
-
-
1 060
national
-
-
-
44 832
total
-
-
-
94 495
Employee
52 263
-
178 500
-
municipal
277
-
946
-
national
8 280
-
38 977
-
regional
704
-
2 402
-
social contributions
17 624
-
60 191
-
total
26 885
-
102 516
-
Employer
52 263
-
178 500
-
total
-
-
-
-
Corporate
126 237
178 500
-
-
municipal
6 274
8 872
-
-
nationa
30 297
42 841
-
-
total
36 571
51 713
-
-
Dividends
89 666
126 788
-
-
withholding
23 313
32 964
-
-
total
23 313
32 964
-
-
Income
178 500
178 500
178 500
178 500
Total tax
86 769
84 677
102 516
94 495
After tax
91 731
93 823
75 984
84 005
Living cost
25 380
25 380
25 380
25 380
Free-cash
66 351
68 443
50 604
58 625

Estimated living cost  is ₽25380 per week

₽15784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94410
₽66413
₽73975
₽84249
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 171
social contributions
-
-
-
33 265
solidarity contribution
-
-
-
505
health
-
-
-
24 097
total
-
-
-
76 038
Employee
41 892
-
137 633
-
solidarity contribution
-
-
-
-
social contributions
2 723
-
7 405
-
income
5 027
-
16 747
-
health
5 655
-
18 580
-
total
13 405
-
42 732
-
Employer
41 892
-
137 633
-
health
3 770
-
12 387
-
social contributions
10 473
-
28 481
-
total
14 243
-
40 868
-
Corporate
122 364
178 500
-
-
income
23 249
33 915
-
-
total
23 249
33 915
-
-
Dividends
99 115
144 585
-
-
withholding
14 867
21 688
-
-
total
14 867
21 688
-
-
Income
178 500
178 500
178 500
178 500
Total tax
65 764
55 603
83 600
76 038
After tax
112 736
122 897
94 900
102 462
Living cost
28 487
28 487
28 487
28 487
Free-cash
84 249
94 410
66 413
73 975

Estimated living cost  is ₽28487 per week

₽21185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68688
₽17137
₽61777
₽68222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 391
surtax
-
-
-
-
unemployment
-
-
-
5 779
chamber of commerce
-
-
-
713
health
-
-
-
8 419
pensions
-
-
-
20 363
total
-
-
-
86 665
Employee
41 185
37 547
144 322
-
other
411
375
1 101
-
unemployment
1 235
1 126
3 302
-
pensions
4 218
3 844
11 271
-
income
3 669
2 770
42 006
-
health
1 593
1 454
4 259
-
total
11 126
9 569
61 939
-
Employer
41 185
37 547
144 322
-
chamber of commerce
164
150
578
-
health
1 557
1 420
4 161
-
pensions
5 169
4 713
13 814
-
accident
535
488
1 430
-
unemployment
1 235
1 126
3 302
-
surtax
-
-
-
-
payroll
1 235
1 126
4 330
-
other
1 956
1 783
6 564
-
total
11 851
10 806
34 179
-
Corporate
125 463
130 147
140 746
-
income

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

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

31 366
32 537
35 187
-
total
31 366
32 537
35 187
-
Dividends
94 097
97 610
-
-
withholding
25 877
26 842
-
-
total
25 877
26 842
-
-
Income
178 500
178 500
178 500
178 500
Total tax
80 220
79 754
131 305
86 665
After tax
98 280
98 746
47 195
91 835
Living cost
30 058
30 058
30 058
30 058
Free-cash
68 222
68 688
17 137
61 777

Estimated living cost  is ₽30058 per week

₽18031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157720
₽130945
₽164860
₽155497
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 819
-
178 500
-
income
2 964
-
35 700
-
total
2 964
-
35 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

163 681
178 500
-
-
total
-
-
-
-
Dividends
163 681
178 500
-
-
withholding
8 184
8 925
-
-
total
8 184
8 925
-
-
Income
178 500
178 500
178 500
178 500
Total tax
11 148
8 925
35 700
1 785
After tax
167 352
169 575
142 800
176 715
Living cost
11 855
11 855
11 855
11 855
Free-cash
155 497
157 720
130 945
164 860

Estimated living cost  is ₽11855 per week

₽8022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97626
₽56545
₽61130
₽89745
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 667
unemployment
-
-
-
268
health
-
-
-
17 565
pensions
-
-
-
32 599
total
-
-
-
92 099
Employee

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

41 663
-
154 452
-
unemployment
59
-
216
-
pensions
6 458
-
23 940
-
income
7 185
-
38 503
-
health
2 691
-
9 977
-
total
16 393
-
72 636
-
Employer

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

41 663
-
154 452
-
health
2 775
-
10 286
-
pensions
3 687
-
13 669
-
unemployment
25
-
93
-
total
6 487
-
24 048
-
Corporate
130 351
178 500
-
-
income
24 766
33 915
-
-
total
24 766
33 915
-
-
Dividends
105 584
144 585
-
-
withholding
15 838
21 688
-
-
total
15 838
21 688
-
-
Income
178 500
178 500
178 500
178 500
Total tax
63 484
55 603
96 684
92 099
After tax
115 016
122 897
81 816
86 401
Living cost
25 271
25 271
25 271
25 271
Free-cash
89 745
97 626
56 545
61 130

Estimated living cost  is ₽25271 per week

₽17343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68156
₽125725
₽82915
₽23573
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 990
-
-
-
social contributions
4 755
-
678
-
income
12 791
-
-
-
total
17 546
-
678
-
Employer
57 990
-
-
-
social contributions
81 766
-
11 653
-
total
81 766
-
11 653
-
Corporate
38 744
178 500
-
-
income
8 524
39 270
-
-
total
8 524
39 270
-
-
Dividends
30 220
139 230
-
-
income
6 648
30 631
-
-
total
6 648
30 631
-
-
Income
178 500
178 500
178 500
178 500
Total tax
114 484
69 901
12 331
55 142
After tax
64 016
108 599
166 169
123 358
Living cost
40 444
40 444
40 444
40 444
Free-cash
23 573
68 156
125 725
82 915

Estimated living cost  is ₽40444 per week

₽26241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71976
₽51706
₽65237
₽71028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 681
surtax
-
-
-
-
social contributions

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

-
-
-
62 029
total
-
-
-
83 710
Employee
43 332
-
144 241
-
surtax
-
-
-
-
social contributions
4 767
-
15 866
-
income
9 013
-
47 118
-
total
13 780
-
62 984
-
Employer
43 332
-
144 241
-
social contributions
10 291
-
34 257
-
total
10 291
-
34 257
-
Corporate
124 876
178 500
-
-
income
26 224
37 486
-
-
surtax
-
-
-
-
total
26 224
37 486
-
-
Dividends
98 653
141 014
-
-
withholding
27 624
39 485
-
-
total
27 624
39 485
-
-
Income
178 500
178 500
178 500
178 500
Total tax
77 919
76 971
97 241
83 710
After tax
100 581
101 529
81 259
94 790
Living cost
29 553
29 553
29 553
29 553
Free-cash
71 028
71 976
51 706
65 237

Estimated living cost  is ₽29553 per week

₽22111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44460
₽51159
₽54882
₽50937
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 921
other
-
-
-
5 534
surtax
-
-
-
-
social contributions
-
-
-
5 085
health
-
-
-
7 940
pensions
-
-
-
30 633
total
-
-
-
78 113
Employee
59 010
-
137 617
-
pensions
6 674
-
9 791
-
surtax
-
-
-
-
social contributions
1 681
-
3 921
-
income
5 149
-
27 240
-
total
13 504
-
40 952
-
Employer
59 010
-
137 617
-
health
4 130
-
12 994
-
pensions
9 696
-
16 441
-
unemployment
2 390
-
5 573
-
social contributions
177
-
413
-
other
2 036
-
5 463
-
total
18 429
-
40 884
-
Corporate
101 060
178 500
-
-
income
28 298
49 980
-
-
surtax
-
-
-
-
total
28 298
49 980
-
-
Dividends
72 763
128 520
-
-
surtax
-
-
-
-
social contributions
12 514
22 104
-
-
withholding
9 313
16 451
-
-
total
21 827
38 555
-
-
Income
178 500
178 500
178 500
178 500
Total tax
82 058
88 535
81 836
78 113
After tax
96 442
89 965
96 664
100 387
Living cost
45 505
45 505
45 505
45 505
Free-cash
50 937
44 460
51 159
54 882

Estimated living cost  is ₽45505 per week

₽30797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3722
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.
₽10361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132328
₽107450
₽102708
₽129163
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
8 201
social contributions
-
-
-
39 270
total
-
-
-
47 471
Employee
30 290
-
154 545
-
income
-
-
8 729
-
social contributions
1 969
-
10 045
-
total
1 969
-
18 774
-
Employer
30 290
-
154 545
-
social contributions
4 695
-
23 955
-
total
4 695
-
23 955
-
Corporate
143 515
178 500
-
-
income
14 352
17 851
-
-
total
14 352
17 851
-
-
Dividends
129 164
160 649
-
-
total
-
-
-
-
Income
178 500
178 500
178 500
178 500
Total tax
21 016
17 851
42 729
47 471
After tax
157 484
160 649
135 771
131 029
Living cost
28 321
28 321
28 321
28 321
Free-cash
129 163
132 328
107 450
102 708

Estimated living cost  is ₽28321 per week

₽18312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26759
-₽26759
₽59179
-₽26759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 215
municipal
-
-
-
37 555
national
-
-
-
21 363
pensions
-
-
-
817
total
-
-
-
73 950
Employee
191 499
191 499
191 499
-
municipal
40 779
40 779
40 779
-
labour market
15 298
15 298
15 298
-
pensions
272
272
272
-
national
23 395
23 395
23 395
-
total
79 744
79 744
79 744
-
Employer
191 499
191 499
191 499
-
national
23 436
23 436
23 436
-
labour market
15 320
15 320
15 320
-
pensions
544
544
544
-
municipal
40 844
40 844
40 844
-
total
80 144
80 144
80 144
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
178 500
178 500
178 500
178 500
Total tax
159 888
159 888
159 888
73 950
After tax
18 612
18 612
18 612
104 550
Living cost
45 371
45 371
45 371
45 371
Free-cash
-26 759
-26 759
-26 759
59 179

Estimated living cost  is ₽45371 per week

₽31052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽698
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6276
₽76575
₽101253
₽11278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
49 851
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
56 513
Employee
32 615
-
161 315
-
pensions
3 673
-
7 298
-
income
4 474
-
38 238
-
health
3 735
-
18 471
-
total
11 882
-
64 007
-
Employer
32 615
-
161 315
-
pensions
5 303
-
10 538
-
accident
545
-
2 694
-
unemployment
799
-
3 952
-
total
6 647
-
17 184
-
Corporate
139 238
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.

125 314
160 650
-
-
total
125 314
160 650
-
-
Dividends
13 924
17 850
-
-
withholding
2 645
3 392
-
-
total
2 645
3 392
-
-
Income
178 500
178 500
178 500
178 500
Total tax
146 488
164 042
81 191
56 513
After tax
32 012
14 458
97 309
121 987
Living cost
20 734
20 734
20 734
20 734
Free-cash
11 278
-6 276
76 575
101 253

Estimated living cost  is ₽20734 per week

₽15092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74901
₽56670
₽77137
₽77571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 356
municipal
-
-
-
31 705
national
-
-
-
31 130
total
-
-
-
65 191
Employee
49 569
-
150 163
-
municipal
8 119
-
24 454
-
unemployment
744
-
2 253
-
pensions
3 345
-
10 136
-
national
819
-
18 560
-
health
370
-
1 918
-
total
13 397
-
57 321
-
Employer
49 569
-
150 163
-
health
381
-
1 157
-
pensions
8 600
-
26 054
-
accident
50
-
150
-
unemployment
322
-
976
-
total
9 353
-
28 337
-
Corporate
119 578
178 500
-
-
income
23 915
35 700
-
-
total
23 915
35 700
-
-
Dividends

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

71 747
107 100
-
-
municipal
12 914
19 278
-
-
national
5 178
12 449
-
-
total
18 092
31 727
-
-
Income
178 500
178 500
178 500
178 500
Total tax
64 757
67 427
85 658
65 191
After tax
113 743
111 073
92 842
113 309
Living cost
36 172
36 172
36 172
36 172
Free-cash
77 571
74 901
56 670
77 137

Estimated living cost  is ₽36172 per week

₽23628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108362
₽98025
₽99563
₽103237
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 327
social contributions
-
-
-
15 244
health
-
-
-
4 552
total
-
-
-
57 123
Employee
72 448
72 448
167 295
-
social contributions
2 739
6 013
8 110
-
income
7 888
6 707
36 501
-
health
561
1 232
2 845
-
total
11 188
13 952
47 456
-
Employer
72 448
72 448
167 295
-
health
610
1 341
3 095
-
social contributions
2 739
6 013
8 110
-
total
3 349
7 354
11 205
-
Corporate
142 149
98 698
-
-
income
17 768
12 337
-
-
total
17 768
12 337
-
-
Dividends
124 380
86 362
-
-
withholding
21 144
14 681
-
-
total
21 144
14 681
-
-
Income
178 500
178 500
178 500
178 500
Total tax
53 449
48 324
58 661
57 123
After tax
125 051
130 176
119 839
121 377
Living cost
21 814
21 814
21 814
21 814
Free-cash
103 237
108 362
98 025
99 563

Estimated living cost  is ₽21814 per week

₽13073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132856
₽116948
₽135847
₽128063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 264
unemployment
-
-
-
27
health
-
-
-
3 410
pensions
-
-
-
5 993
total
-
-
-
27 694
Employee

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

21 626
-
169 292
-
unemployment
107
-
447
-
pensions
3 243
-
13 410
-
income
1 479
-
15 929
-
health
1 838
-
7 599
-
total
6 667
-
37 385
-
Employer

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

21 626
-
169 292
-
health
930
-
3 844
-
pensions
1 189
-
4 917
-
unemployment
107
-
447
-
total
2 226
-
9 208
-
Corporate
154 648
178 500
-
-
income
13 919
16 065
-
-
total
13 919
16 065
-
-
Dividends
140 729
162 435
-
-
withholding
12 666
14 620
-
-
total
12 666
14 620
-
-
Income
178 500
178 500
178 500
178 500
Total tax
35 478
30 685
46 593
27 694
After tax
143 022
147 815
131 907
150 806
Living cost
14 959
14 959
14 959
14 959
Free-cash
128 063
132 856
116 948
135 847

Estimated living cost  is ₽14959 per week

₽9544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92924
₽70173
₽74125
₽88761
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
52 268
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
78 467
Employee
34 837
-
150 660
-
other
34
-
88
-
unemployment
540
-
1 353
-
pensions
1 638
-
4 105
-
income
6 716
-
49 033
-
total
8 928
-
54 579
-
Employer
34 837
-
150 660
-
pensions
8 221
-
20 610
-
accident
690
-
1 729
-
unemployment
1 917
-
4 802
-
other
279
-
699
-
total
11 107
-
27 840
-
Corporate
132 556
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.

19 884
26 774
-
-
total
19 884
26 774
-
-
Dividends
112 672
151 726
-
-
withholding
23 912
32 894
-
-
total
23 912
32 894
-
-
Income
178 500
178 500
178 500
178 500
Total tax
63 831
59 668
82 419
78 467
After tax
114 669
118 832
96 081
100 033
Living cost
25 908
25 908
25 908
25 908
Free-cash
88 761
92 924
70 173
74 125

Estimated living cost  is ₽25908 per week

₽17488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5476
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109472
₽112853
₽112990
₽109159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
61 192
health
-
-
-
1 011
pensions
-
-
-
1 395
total
-
-
-
63 598
Employee
2 913
-
176 931
-
unemployment
29
-
70
-
pensions
262
-
628
-
income
563
-
61 119
-
health
146
-
349
-
total
1 000
-
62 166
-
Employer
2 913
-
176 931
-
health
277
-
663
-
pensions
320
-
767
-
unemployment
58
-
139
-
total
655
-
1 569
-
Corporate
174 932
178 500
-
-
income
38 485
39 270
-
-
total
38 485
39 270
-
-
Dividends
136 447
139 230
-
-
withholding
27 289
27 846
-
-
total
27 289
27 846
-
-
Income
178 500
178 500
178 500
178 500
Total tax
67 429
67 116
63 735
63 598
After tax
111 071
111 384
114 765
114 902
Living cost
1 912
1 912
1 912
1 912
Free-cash
109 159
109 472
112 853
112 990

Estimated living cost  is ₽1912 per week

₽1136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽155
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.
₽577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112667
₽95186
₽95185
₽108031
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 688
unemployment
-
-
-
1 045
health
-
-
-
7 174
pensions
-
-
-
18 109
total
-
-
-
67 016
Employee

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

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

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

24 577
-
166 033
-
unemployment
184
-
522
-
pensions
3 441
-
9 751
-
income
3 388
-
40 688
-
health
1 266
-
3 587
-
total
8 279
-
54 548
-
Employer

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

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

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

24 577
-
166 033
-
health
1 266
-
3 587
-
pensions
2 949
-
8 358
-
unemployment
184
-
522
-
total
4 399
-
12 467
-
Corporate
149 523
178 500
-
-
income
22 428
26 775
-
-
total
22 428
26 775
-
-
Dividends
127 095
151 725
-
-
withholding
19 064
22 759
-
-
total
19 064
22 759
-
-
Income
178 500
178 500
178 500
178 500
Total tax
54 170
49 534
67 015
67 016
After tax
124 330
128 966
111 485
111 484
Living cost
16 299
16 299
16 299
16 299
Free-cash
108 031
112 667
95 186
95 185

Estimated living cost  is ₽16299 per week

₽10974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3592
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76129
₽55859
₽69390
₽75791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 681
surtax
-
-
-
-
social contributions

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

-
-
-
62 029
total
-
-
-
83 710
Employee
36 568
-
144 241
-
surtax
-
-
-
-
social contributions
4 023
-
15 866
-
income
7 145
-
47 118
-
total
11 168
-
62 984
-
Employer
36 568
-
144 241
-
social contributions
8 684
-
34 257
-
total
8 684
-
34 257
-
Corporate
133 248
178 500
-
-
income
27 983
37 486
-
-
surtax
-
-
-
-
total
27 983
37 486
-
-
Dividends
105 266
141 014
-
-
withholding
29 474
39 485
-
-
total
29 474
39 485
-
-
Income
178 500
178 500
178 500
178 500
Total tax
77 309
76 971
97 241
83 710
After tax
101 191
101 529
81 259
94 790
Living cost
25 400
25 400
25 400
25 400
Free-cash
75 791
76 129
55 859
69 390

Estimated living cost  is ₽25400 per week

₽17990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85720
₽62969
₽66921
₽79554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
52 268
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
78 467
Employee
45 502
-
150 660
-
other
45
-
88
-
unemployment
704
-
1 353
-
pensions
2 138
-
4 105
-
income
9 504
-
49 033
-
total
12 391
-
54 579
-
Employer
45 502
-
150 660
-
pensions
10 738
-
20 610
-
accident
901
-
1 729
-
unemployment
2 503
-
4 802
-
other
365
-
699
-
total
14 507
-
27 840
-
Corporate
118 490
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.

17 774
26 774
-
-
total
17 774
26 774
-
-
Dividends
100 717
151 726
-
-
withholding
21 162
32 894
-
-
total
21 162
32 894
-
-
Income
178 500
178 500
178 500
178 500
Total tax
65 834
59 668
82 419
78 467
After tax
112 666
118 832
96 081
100 033
Living cost
33 112
33 112
33 112
33 112
Free-cash
79 554
85 720
62 969
66 921

Estimated living cost  is ₽33112 per week

₽23780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136417
₽133877
₽126740
₽130676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
132
health
-
-
-
3 783
pensions

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

-
-
-
4 869
total
-
-
-
35 559
Employee
21 452
-
172 046
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

1 883
-
2 888
-
income
2 146
-
17 205
-
health
987
-
1 513
-
total
5 252
-
21 968
-
Employer
21 452
-
172 046
-
health
1 480
-
2 270
-
pensions

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

2 364
-
3 625
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
unemployment
129
-
197
-
total
4 209
-
6 454
-
Corporate
152 839
178 500
-
-
income
15 284
17 850
-
-
total
15 284
17 850
-
-
Dividends
137 555
160 650
-
-
withholding
6 878
8 032
-
-
total
6 878
8 032
-
-
Income
178 500
178 500
178 500
178 500
Total tax
31 623
25 882
28 422
35 559
After tax
146 877
152 618
150 078
142 941
Living cost
16 201
16 201
16 201
16 201
Free-cash
130 676
136 417
133 877
126 740

Estimated living cost  is ₽16201 per week

₽10715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55472
₽76011
₽56682
₽67796
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
178 500
income

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

-
-
-
56 567
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.

-
-
-
3 111
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.

-
-
-
6 437
trade
-
-
-
19 329
total
-
-
-
85 444
Employee

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

46 879
-
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.

213
-
3 111
-
income

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

3 855
-
56 567
-
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.

6 437
-
6 437
-
total
10 505
-
66 115
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
131 621
178 500
-
-
income
19 742
26 774
-
-
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.

1 085
1 473
-
-
chamber of commerce
336
404
-
-
trade
18 888
25 614
-
-
total
40 051
54 265
-
-
Dividends
91 570
124 234
-
-
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.

1 239
1 688
-
-
withholding
22 535
30 701
-
-
total
23 774
32 389
-
-
Income
178 500
178 500
178 500
178 500
Total tax
74 330
86 654
66 115
85 444
After tax
104 170
91 846
112 385
93 056
Living cost
36 374
36 374
36 374
36 374
Free-cash
67 796
55 472
76 011
56 682

Estimated living cost  is ₽36374 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71281
₽38934
₽38934
₽73359
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
55 826
social contributions
-
-
-
30 070
total
-
-
-
85 896
Employee
73 698
-
178 500
-
income
13 907
-
55 826
-
social contributions
6 123
-
30 070
-
total
20 030
-
85 896
-
Employer
73 698
-
178 500
-
total
-
-
-
-
Corporate
104 802
178 500
-
-
income
13 100
22 312
-
-
total
13 100
22 312
-
-
Dividends
91 702
156 188
-
-
withholding
18 341
31 237
-
-
total
18 341
31 237
-
-
Income
178 500
178 500
178 500
178 500
Total tax
51 471
53 549
85 896
85 896
After tax
127 029
124 951
92 604
92 604
Living cost
53 670
53 670
53 670
53 670
Free-cash
73 359
71 281
38 934
38 934

Estimated living cost  is ₽53670 per week

₽40831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4373
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.
₽7953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76845
₽91950
₽111759
₽80139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 819
health

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

-
-
-
5 721
total
-
-
-
32 540
Employee
43 221
-
174 166
-
income
4 690
-
43 681
-
social contributions
4 330
-
4 334
-
total
9 020
-
48 015
-
Employer
43 221
-
174 166
-
social contributions
4 330
-
4 334
-
total
4 330
-
4 334
-
Corporate
130 949
178 500
-
-
income
45 832
62 476
-
-
total
45 832
62 476
-
-
Dividends
85 117
116 024
-
-
social contributions
4 978
4 978
-
-
total
4 978
4 978
-
-
Income
178 500
178 500
178 500
178 500
Total tax
64 160
67 454
52 349
32 540
After tax
114 340
111 046
126 151
145 960
Living cost
34 201
34 201
34 201
34 201
Free-cash
80 139
76 845
91 950
111 759

Estimated living cost  is ₽34201 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2696
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.
₽8452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80486
₽66329
₽82416
₽86069
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
52 337
pensions
-
-
-
8 731
total
-
-
-
61 068
Employee
48 064
-
155 814
-
pensions
3 668
-
10 647
-
income
8 753
-
41 611
-
health
627
-
2 211
-
total
13 048
-
54 469
-
Employer
48 064
-
155 814
-
health
913
-
2 961
-
pensions
4 856
-
19 725
-
total
5 769
-
22 686
-
Corporate
124 666
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.

23 686
33 915
-
-
total
23 686
33 915
-
-
Dividends
100 980
144 585
-
-
withholding
14 912
29 083
-
-
total
14 912
29 083
-
-
Income
178 500
178 500
178 500
178 500
Total tax
57 415
62 998
77 155
61 068
After tax
121 085
115 502
101 345
117 432
Living cost
35 016
35 016
35 016
35 016
Free-cash
86 069
80 486
66 329
82 416

Estimated living cost  is ₽35016 per week

₽24021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8328
₽74523
₽99201
₽10964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
49 851
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
56 513
Employee
35 844
-
161 315
-
pensions
4 036
-
7 298
-
income
4 917
-
38 238
-
health
4 104
-
18 471
-
total
13 057
-
64 007
-
Employer
35 844
-
161 315
-
pensions
5 828
-
10 538
-
accident
599
-
2 694
-
unemployment
878
-
3 952
-
total
7 305
-
17 184
-
Corporate
135 352
178 500
-
-
income

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

121 816
160 650
-
-
total
121 816
160 650
-
-
Dividends
13 535
17 850
-
-
withholding
2 572
3 392
-
-
total
2 572
3 392
-
-
Income
178 500
178 500
178 500
178 500
Total tax
144 750
164 042
81 191
56 513
After tax
33 750
14 458
97 309
121 987
Living cost
22 786
22 786
22 786
22 786
Free-cash
10 964
-8 328
74 523
99 201

Estimated living cost  is ₽22786 per week

₽16723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123822
₽115427
₽94703
₽133068
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 619
unemployment
-
-
-
1 809
work injury
-
-
-
754
health insurance
-
-
-
11 153
pensions
-
-
-
27 732
total
-
-
-
71 067
Employee

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

20 368
-
178 500
-
health insurance
1 507
-
5 577
-
unemployment
244
-
904
-
work injury
102
-
377
-
pensions
3 748
-
13 866
-
income
2 037
-
29 619
-
total
7 638
-
50 343
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
158 132
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%.

1 581
17 850
-
-
total
1 581
17 850
-
-
Dividends
156 551
160 650
-
-
withholding
23 483
24 098
-
-
total
23 483
24 098
-
-
Income
178 500
178 500
178 500
178 500
Total tax
32 702
41 948
50 343
71 067
After tax
145 798
136 552
128 157
107 433
Living cost
12 730
12 730
12 730
12 730
Free-cash
133 068
123 822
115 427
94 703

Estimated living cost  is ₽12730 per week

₽7886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56487
₽37091
₽44928
₽52201
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 102
municipal
-
-
-
1 193
national
-
-
-
44 832
total
-
-
-
96 038
Employee
79 393
-
178 500
-
municipal
474
-
1 066
-
national
13 417
-
38 977
-
regional
1 199
-
3 641
-
social contributions
26 771
-
60 191
-
total
41 861
-
103 875
-
Employer
79 393
-
178 500
-
total
-
-
-
-
Corporate
99 107
178 500
-
-
municipal
4 777
8 604
-
-
nationa
23 785
42 841
-
-
total
28 562
51 445
-
-
Dividends
70 545
127 056
-
-
withholding
18 342
33 034
-
-
total
18 342
33 034
-
-
Income
178 500
178 500
178 500
178 500
Total tax
88 765
84 479
103 875
96 038
After tax
89 735
94 021
74 625
82 462
Living cost
37 534
37 534
37 534
37 534
Free-cash
52 201
56 487
37 091
44 928

Estimated living cost  is ₽37534 per week

₽26365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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