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
₽59460
₽70623
₽62018
₽82741
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
20 723
income

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

-
-
-
55 259
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.

-
-
-
6 894
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.

-
-
-
3 039
total
-
-
-
85 915
Employee

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

38 599
-
178 500
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
3 039
-
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.

1 078
-
55 259
-
total
8 031
-
65 192
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
139 901
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.

1 155
1 473
-
-
income
20 986
26 775
-
-
trade
22 035
28 114
-
-
chamber of commerce
354
410
-
-
total
44 530
56 772
-
-
Dividends
95 371
121 728
-
-
surtax

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

1 291
1 653
-
-
withholding
23 458
30 048
-
-
total
24 749
31 701
-
-
Income
178 500
178 500
178 500
178 500
Total tax
77 310
88 473
65 192
85 915
After tax
101 190
90 027
113 308
92 585
Living cost
30 567
30 567
30 567
30 567
Free-cash
70 623
59 460
82 741
62 018

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60390
₽59542
₽54154
₽55113
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
19 564
pensions
-
-
-
21 420
national
-
-
-
30 449
social contributions
-
-
-
1 919
total
-
-
-
73 352
Employee
79 050
-
154 312
-
municipal
9 764
-
20 255
-
pensions
3 162
-
6 172
-
national
15 130
-
31 962
-
total
28 056
-
58 389
-
Employer
79 050
-
154 312
-
social contributions
850
-
1 659
-
pensions
6 324
-
12 345
-
total
7 174
-
14 004
-
Corporate
87 059
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%.

17 412
35 700
-
-
total
17 412
35 700
-
-
Dividends
69 647
142 800
-
-
withholding
15 322
31 416
-
-
total
15 322
31 416
-
-
Income
178 500
178 500
178 500
178 500
Total tax
67 964
67 116
72 393
73 352
After tax
110 536
111 384
106 107
105 148
Living cost
50 994
50 994
50 994
50 994
Free-cash
59 542
60 390
55 113
54 154

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121805
₽113527
₽40665
₽54060
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
32 656
surtax
-
-
-
45 518
social contributions

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

-
-
-
38 666
total
-
-
-
116 840
Employee
29 489
-
134 709
-
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.

3 244
-
13 230
-
surtax
-
-
19 532
-
income
5 249
-
26 892
-
total
8 493
-
59 654
-
Employer
29 489
-
134 709
-
social contributions

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

7 103
-
28 974
-
surtax
-
-
14 817
-
total
7 103
-
43 791
-
Corporate
141 908
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%.

28 382
35 700
-
-
total
28 382
35 700
-
-
Dividends

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

113 526
142 800
-
-
total
-
-
-
-
Income
178 500
178 500
178 500
178 500
Total tax
43 978
35 700
103 445
116 840
After tax
134 522
142 800
75 055
61 660
Living cost
20 995
20 995
20 995
20 995
Free-cash
113 527
121 805
54 060
40 665

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46113
₽39928
₽56219
₽69326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 737
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
80 005
Employee
86 180
86 180
159 745
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
23 875
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
48 143
-
Employer
86 180
86 180
159 745
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 456
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 755
-
Corporate
78 286
77 229
-
-
income
15 658
15 445
-
-
total
15 658
15 445
-
-
Dividends
62 628
61 783
-
-
income
13 308
13 128
-
-
withholding
9 394
9 267
-
-
total
22 702
22 395
-
-
Income
178 500
178 500
178 500
178 500
Total tax
96 296
90 111
66 898
80 005
After tax
82 204
88 389
111 602
98 495
Living cost
42 276
42 276
42 276
42 276
Free-cash
39 928
46 113
69 326
56 219

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58469
₽57594
₽52274
₽51327
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
45 846
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
16 631
total
-
-
-
87 234
Employee
55 560
-
151 650
-
municipal
16 568
-
45 222
-
national
-
-
16 108
-
total
16 568
-
61 330
-
Employer
55 560
-
151 650
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 238
-
health
3 417
-
5 256
-
total
17 457
-
26 851
-
Corporate
105 483
178 500
-
-
income
23 206
39 270
-
-
total
23 206
39 270
-
-
Dividends
82 277
139 230
-
-
withholding
24 683
41 769
-
-
total
24 683
41 769
-
-
Income
178 500
178 500
178 500
178 500
Total tax
81 914
81 039
88 181
87 234
After tax
96 586
97 461
90 319
91 266
Living cost
38 992
38 992
38 992
38 992
Free-cash
57 594
58 469
51 327
52 274

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49464
₽63645
₽52018
₽73663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
21 645
income

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

-
-
-
55 259
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.

-
-
-
6 894
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.

-
-
-
3 039
total
-
-
-
86 837
Employee

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

51 178
-
178 500
-
health

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

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

6 894
-
6 894
-
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.

241
-
3 039
-
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.

4 397
-
55 259
-
total
11 532
-
65 192
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
127 322
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.

1 049
1 473
-
-
income
19 098
26 775
-
-
trade
20 944
29 363
-
-
chamber of commerce
335
408
-
-
total
41 426
58 019
-
-
Dividends
85 896
120 482
-
-
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.

1 161
1 636
-
-
withholding
21 091
29 736
-
-
total
22 252
31 372
-
-
Income
178 500
178 500
178 500
178 500
Total tax
75 210
89 391
65 192
86 837
After tax
103 290
89 109
113 308
91 663
Living cost
39 645
39 645
39 645
39 645
Free-cash
63 645
49 464
73 663
52 018

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97479
₽93296
₽89235
₽87667
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
35 652
health
-
-
-
4 552
social contributions
-
-
-
16 328
total
-
-
-
56 532
Employee
77 601
77 601
166 728
-
social contributions
3 771
6 441
8 687
-
health
772
1 320
2 834
-
income
8 149
7 184
34 807
-
total
12 692
14 945
46 328
-
Employer
77 601
77 601
166 728
-
social contributions
3 771
6 441
8 687
-
health
841
1 436
3 085
-
total
4 612
7 877
11 772
-
Corporate
128 464
93 022
-
-
income
16 058
11 629
-
-
total
16 058
11 629
-
-
Dividends
112 406
81 393
-
-
withholding
19 109
13 837
-
-
total
19 109
13 837
-
-
Income
178 500
178 500
178 500
178 500
Total tax
52 471
48 288
58 100
56 532
After tax
126 029
130 212
120 400
121 968
Living cost
32 733
32 733
32 733
32 733
Free-cash
93 296
97 479
87 667
89 235

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81935
₽82316
₽105319
₽85141
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
17 850
unemployment
-
-
-
2 678
health
-
-
-
12 495
total
-
-
-
54 845
Employee

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
149 372
-
health
1 853
737
10 456
-
income
3 236
1 288
18 261
-
pensions
2 647
1 053
14 937
-
unemployment
397
158
2 241
-
total
8 133
3 236
45 895
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
149 372
-
pensions
5 161
2 054
29 128
-
total
5 161
2 054
29 128
-
Corporate
146 870
165 912
-
-
income
13 218
14 932
-
-
total
13 218
14 932
-
-
Dividends
133 652
150 980
-
-
social contributions
25 942
29 321
-
-
withholding
25 394
28 686
-
-
total
51 336
58 007
-
-
Income
178 500
178 500
178 500
178 500
Total tax
77 848
78 229
75 023
54 845
After tax
100 652
100 271
103 477
123 655
Living cost
18 336
18 336
18 336
18 336
Free-cash
82 316
81 935
85 141
105 319

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118425
₽112155
₽71300
₽78509
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
23 920
pensions
-
-
-
35 700
health
-
-
-
23 205
total
-
-
-
82 825
Employee
28 629
-
133 409
-
income
3 223
-
25 722
-
pensions
573
-
2 668
-
unemployment
458
-
2 135
-
total
4 254
-
30 525
-
Employer
28 629
-
133 409
-
unemployment
230
-
1 067
-
pensions
5 726
-
26 681
-
health
3 721
-
17 343
-
total
9 677
-
45 091
-
Corporate
140 194
178 500
-
-
income
28 039
35 700
-
-
total
28 039
35 700
-
-
Dividends
112 155
142 800
-
-
total
-
-
-
-
Income
178 500
178 500
178 500
178 500
Total tax
41 970
35 700
75 616
82 825
After tax
136 530
142 800
102 884
95 675
Living cost
24 375
24 375
24 375
24 375
Free-cash
112 155
118 425
78 509
71 300

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7613
₽11073
₽99945
₽74949
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
49 496
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
56 483
Employee
34 721
-
160 821
-
health
3 975
-
18 414
-
income
4 763
-
37 732
-
pensions
3 910
-
7 654
-
total
12 648
-
63 800
-
Employer
34 721
-
160 821
-
accident
580
-
2 686
-
unemployment
851
-
3 940
-
pensions
5 646
-
11 053
-
total
7 077
-
17 679
-
Corporate
136 703
178 500
-
-
income

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

123 033
160 650
-
-
total
123 033
160 650
-
-
Dividends
13 670
17 850
-
-
withholding
2 597
3 391
-
-
total
2 597
3 391
-
-
Income
178 500
178 500
178 500
178 500
Total tax
145 355
164 041
81 479
56 483
After tax
33 145
14 459
97 021
122 017
Living cost
22 072
22 072
22 072
22 072
Free-cash
11 073
-7 613
74 949
99 945

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160495
₽158793
₽167635
₽133720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
178 500
-
income
2 270
-
35 700
-
total
2 270
-
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%.

167 151
178 500
-
-
total
-
-
-
-
Dividends
167 151
178 500
-
-
withholding
8 357
8 925
-
-
total
8 357
8 925
-
-
Income
178 500
178 500
178 500
178 500
Total tax
10 627
8 925
35 700
1 785
After tax
167 873
169 575
142 800
176 715
Living cost
9 080
9 080
9 080
9 080
Free-cash
158 793
160 495
133 720
167 635

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104254
₽97437
₽73099
₽74260
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
27 637
pensions

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

-
-
-
36 831
other
-
-
-
7 289
health
-
-
-
6 753
total
-
-
-
78 510
Employee
36 642
-
142 572
-
health
513
-
1 996
-
income
6 308
-
28 022
-
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.

2 564
-
9 980
-
unemployment
366
-
1 425
-
total
9 751
-
41 423
-
Employer
36 642
-
142 572
-
accident
293
-
1 141
-
other
1 833
-
7 128
-
unemployment
366
-
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.

6 230
-
24 236
-
health
513
-
1 996
-
total
9 235
-
35 926
-
Corporate
132 623
178 500
-
-
income
27 851
37 485
-
-
total
27 851
37 485
-
-
Dividends
104 771
141 015
-
-
withholding
7 335
9 870
-
-
total
7 335
9 870
-
-
Income
178 500
178 500
178 500
178 500
Total tax
54 172
47 355
77 349
78 510
After tax
124 328
131 145
101 151
99 990
Living cost
26 891
26 891
26 891
26 891
Free-cash
97 437
104 254
74 260
73 099

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49105
₽52106
₽50634
₽34476
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 027
pensions
-
-
-
9 113
total
-
-
-
60 140
Employee
95 822
-
155 930
-
health
1 579
-
2 260
-
income
17 273
-
40 258
-
pensions
9 244
-
11 210
-
total
28 096
-
53 728
-
Employer
95 822
-
155 930
-
pensions
11 314
-
19 608
-
health
1 820
-
2 962
-
total
13 134
-
22 570
-
Corporate
69 544
178 500
-
-
income

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

13 214
33 915
-
-
total
13 214
33 915
-
-
Dividends
56 330
144 585
-
-
withholding
4 224
27 754
-
-
total
4 224
27 754
-
-
Income
178 500
178 500
178 500
178 500
Total tax
58 668
61 669
76 298
60 140
After tax
119 832
116 831
102 202
118 360
Living cost
67 726
67 726
67 726
67 726
Free-cash
52 106
49 105
34 476
50 634

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
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.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽139379
₽134688
₽129069
₽136075
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
36 192
Employee
17 531
-
171 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
17 158
-
pensions

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

1 539
-
3 097
-
total
4 291
-
22 265
-
Employer
17 531
-
171 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
157 529
178 500
-
-
income
15 753
17 850
-
-
total
15 753
17 850
-
-
Dividends
141 777
160 650
-
-
withholding
7 089
8 032
-
-
total
7 089
8 032
-
-
Income
178 500
178 500
178 500
178 500
Total tax
30 573
25 882
29 186
36 192
After tax
147 927
152 618
149 314
142 308
Living cost
13 239
13 239
13 239
13 239
Free-cash
134 688
139 379
136 075
129 069

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32428
₽34964
₽42534
₽55641
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 737
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
80 005
Employee
93 564
86 180
159 745
-
health
11 673
11 251
12 444
-
income

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

14 106
14 106
23 875
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
48 143
-
Employer
93 564
86 180
159 745
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 456
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 755
-
Corporate
68 554
77 229
-
-
income
13 710
15 445
-
-
total
13 710
15 445
-
-
Dividends
54 844
61 783
-
-
income
11 653
13 128
-
-
withholding
8 227
9 267
-
-
total
19 880
22 395
-
-
Income
178 500
178 500
178 500
178 500
Total tax
87 575
90 111
66 898
80 005
After tax
90 925
88 389
111 602
98 495
Living cost
55 961
55 961
55 961
55 961
Free-cash
34 964
32 428
55 641
42 534

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98726
₽90104
₽77472
₽69567
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
17 943
health
-
-
-
24 097
solidarity contribution
-
-
-
36
social contributions
-
-
-
34 781
total
-
-
-
76 857
Employee
35 546
-
136 442
-
social contributions
2 310
-
7 742
-
health
4 799
-
18 420
-
solidarity contribution
-
-
-
-
income
4 265
-
16 542
-
total
11 374
-
42 704
-
Employer
35 546
-
136 442
-
social contributions
8 886
-
29 778
-
health
3 199
-
12 280
-
total
12 085
-
42 058
-
Corporate
130 869
178 500
-
-
income
24 865
33 915
-
-
total
24 865
33 915
-
-
Dividends
106 004
144 585
-
-
withholding
15 901
21 688
-
-
total
15 901
21 688
-
-
Income
178 500
178 500
178 500
178 500
Total tax
64 225
55 603
84 762
76 857
After tax
114 275
122 897
93 738
101 643
Living cost
24 171
24 171
24 171
24 171
Free-cash
90 104
98 726
69 567
77 472

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52653
₽47384
₽42682
₽34620
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 061
regional
-
-
-
2 107
national
-
-
-
44 155
social contributions
-
-
-
45 911
total
-
-
-
93 234
Employee
89 690
-
178 500
-
social contributions
30 243
-
60 190
-
regional
846
-
1 860
-
municipal
475
-
946
-
national
15 541
-
38 300
-
total
47 105
-
101 296
-
Employer
89 690
-
178 500
-
total
-
-
-
-
Corporate
88 810
178 500
-
-
nationa
21 315
42 839
-
-
municipal
3 464
6 961
-
-
total
24 779
49 800
-
-
Dividends
64 030
128 699
-
-
withholding
16 648
33 463
-
-
total
16 648
33 463
-
-
Income
178 500
178 500
178 500
178 500
Total tax
88 532
83 263
101 296
93 234
After tax
89 968
95 237
77 204
85 266
Living cost
42 584
42 584
42 584
42 584
Free-cash
47 384
52 653
34 620
42 682

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90006
₽86868
₽62192
₽56021
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
49 624
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
7 685
total
-
-
-
94 039
Employee
33 373
-
150 149
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
6 479
-
income
5 594
-
43 588
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
71 859
-
Employer
33 373
-
150 149
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
138 102
178 500
-
-
income
35 906
46 411
-
-
total
35 906
46 411
-
-
Dividends
102 196
132 089
-
-
withholding
15 329
19 814
-
-
total
15 329
19 814
-
-
Income
178 500
178 500
178 500
178 500
Total tax
69 363
66 225
100 210
94 039
After tax
109 137
112 275
78 290
84 461
Living cost
22 269
22 269
22 269
22 269
Free-cash
86 868
90 006
56 021
62 192

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
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.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70562
₽77250
₽72091
₽55933
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 027
pensions
-
-
-
9 113
total
-
-
-
60 140
Employee
64 218
-
155 930
-
health
932
-
2 260
-
income
11 566
-
40 258
-
pensions
5 451
-
11 210
-
total
17 949
-
53 728
-
Employer
64 218
-
155 930
-
pensions
6 952
-
19 608
-
health
1 220
-
2 962
-
total
8 172
-
22 570
-
Corporate
106 111
178 500
-
-
income

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

20 161
33 915
-
-
total
20 161
33 915
-
-
Dividends
85 950
144 585
-
-
withholding
8 699
27 754
-
-
total
8 699
27 754
-
-
Income
178 500
178 500
178 500
178 500
Total tax
54 981
61 669
76 298
60 140
After tax
123 519
116 831
102 202
118 360
Living cost
46 269
46 269
46 269
46 269
Free-cash
77 250
70 562
55 933
72 091

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽5350
₽37983
₽67883
₽59800
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 881
pensions
-
-
-
16 422
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
3 569
regional
-
-
-
8 933
health
-
-
-
402
national
-
-
-
3 136
total
-
-
-
34 343
Employee
89 260
-
159 766
-
city
958
-
1 716
-
regional
2 923
-
7 683
-
health
202
-
358
-
pensions
7 499
-
13 419
-
unemployment
-
-
-
-
national
422
-
2 278
-
total
12 004
-
25 454
-
Employer
89 260
-
159 766
-
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.

1 785
-
3 195
-
unemployment
-
-
-
-
pensions
7 499
-
13 419
-
health
202
-
358
-
total
9 486
-
16 972
-
Corporate
78 773
178 500
-
-
regional
16 661
37 754
-
-
national
6 696
15 172
-
-
total
23 357
52 926
-
-
Dividends
55 416
125 574
-
-
withholding
19 396
43 950
-
-
total
19 396
43 950
-
-
Income
178 500
178 500
178 500
178 500
Total tax
64 243
96 876
42 426
34 343
After tax
114 257
81 624
136 074
144 157
Living cost
76 274
76 274
76 274
76 274
Free-cash
37 983
5 350
59 800
67 883

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽41960
₽58323
₽44511
₽67077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
22 566
income

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

-
-
-
55 259
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.

-
-
-
6 894
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.

-
-
-
3 039
total
-
-
-
87 758
Employee

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

60 650
-
178 500
-
health

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

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

6 894
-
6 894
-
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.

393
-
3 039
-
income

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

7 132
-
55 259
-
total
14 419
-
65 192
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
117 850
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.

973
1 473
-
-
income
17 678
26 775
-
-
trade
20 212
30 613
-
-
chamber of commerce
320
404
-
-
total
39 183
59 265
-
-
Dividends
78 667
119 235
-
-
surtax

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

1 061
1 618
-
-
withholding
19 283
29 426
-
-
total
20 344
31 044
-
-
Income
178 500
178 500
178 500
178 500
Total tax
73 946
90 309
65 192
87 758
After tax
104 554
88 191
113 308
90 742
Living cost
46 231
46 231
46 231
46 231
Free-cash
58 323
41 960
67 077
44 511

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55435
₽61399
₽66051
₽63465
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
27 973
pensions
-
-
-
31 759
other
-
-
-
5 533
health
-
-
-
7 570
surtax
-
-
-
-
social contributions
-
-
-
5 087
total
-
-
-
77 922
Employee
43 191
-
138 275
-
social contributions
1 231
-
3 941
-
surtax
-
-
-
-
income
2 549
-
26 780
-
pensions
4 884
-
9 562
-
total
8 664
-
40 283
-
Employer
43 191
-
138 275
-
other
1 490
-
5 371
-
social contributions
130
-
416
-
unemployment
1 748
-
5 600
-
pensions
7 095
-
16 107
-
health
3 024
-
12 731
-
total
13 487
-
40 225
-
Corporate
121 820
178 500
-
-
surtax
-
-
-
-
income
34 110
49 981
-
-
total
34 110
49 981
-
-
Dividends
87 710
128 519
-
-
surtax
-
-
-
-
social contributions
15 087
22 106
-
-
withholding
11 226
16 451
-
-
total
26 313
38 557
-
-
Income
178 500
178 500
178 500
178 500
Total tax
82 574
88 538
80 508
77 922
After tax
95 926
89 962
97 992
100 578
Living cost
34 527
34 527
34 527
34 527
Free-cash
61 399
55 435
63 465
66 051

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58855
₽64464
₽69471
₽66885
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
27 973
pensions
-
-
-
31 759
other
-
-
-
5 533
health
-
-
-
7 570
surtax
-
-
-
-
social contributions
-
-
-
5 087
total
-
-
-
77 922
Employee
38 554
-
138 275
-
social contributions
1 099
-
3 941
-
surtax
-
-
-
-
income
1 988
-
26 780
-
pensions
4 361
-
9 562
-
total
7 448
-
40 283
-
Employer
38 554
-
138 275
-
other
1 331
-
5 371
-
social contributions
115
-
416
-
unemployment
1 561
-
5 600
-
pensions
6 335
-
16 107
-
health
2 698
-
12 731
-
total
12 040
-
40 225
-
Corporate
127 905
178 500
-
-
surtax
-
-
-
-
income
35 813
49 981
-
-
total
35 813
49 981
-
-
Dividends
92 093
128 519
-
-
surtax
-
-
-
-
social contributions
15 840
22 106
-
-
withholding
11 788
16 451
-
-
total
27 628
38 557
-
-
Income
178 500
178 500
178 500
178 500
Total tax
82 929
88 538
80 508
77 922
After tax
95 571
89 962
97 992
100 578
Living cost
31 107
31 107
31 107
31 107
Free-cash
64 464
58 855
66 885
69 471

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87502
₽88024
₽93234
₽89532
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 460
social contributions
-
-
-
24 632
total
-
-
-
63 867
Employee
34 217
-
178 500
-
social contributions
4 723
-
24 632
-
health
2 388
-
12 460
-
income
5 707
-
30 477
-
total
12 818
-
67 569
-
Employer
34 217
-
178 500
-
total
-
-
-
-
Corporate
144 283
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%.

7 214
8 924
-
-
total
7 214
8 924
-
-
Dividends
137 069
169 576
-
-
health
9 568
11 837
-
-
social contributions
18 916
23 401
-
-
withholding
20 561
25 437
-
-
total
49 045
60 675
-
-
Income
178 500
178 500
178 500
178 500
Total tax
69 077
69 599
67 569
63 867
After tax
109 423
108 901
110 931
114 633
Living cost
21 399
21 399
21 399
21 399
Free-cash
88 024
87 502
89 532
93 234

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
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.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63196
₽61634
₽56058
₽11750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
714
income
-
-
-
48 950
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
86 882
Employee
50 434
40 217
142 571
-
other
504
402
1 180
-
health
1 952
1 557
4 562
-
income
5 742
2 967
39 225
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 876
10 250
60 577
-
Employer
50 434
40 217
142 571
-
accident
655
523
1 532
-
other
2 396
1 909
6 561
-
chamber of commerce
201
161
571
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
4 276
-
health
1 906
1 521
4 456
-
total
14 712
11 775
35 928
-
Corporate
113 354
126 509
138 740
-
income

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

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

28 338
31 626
34 685
-
total
28 338
31 626
34 685
-
Dividends
85 016
94 882
-
-
withholding
23 380
26 093
-
-
total
23 380
26 093
-
-
Income
178 500
178 500
178 500
178 500
Total tax
81 306
79 744
131 190
86 882
After tax
97 194
98 756
47 310
91 618
Living cost
35 560
35 560
35 560
35 560
Free-cash
61 634
63 196
11 750
56 058

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63031
₽47899
₽40597
₽26011
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
66 747
communal

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

-
-
-
9 200
social contributions
-
-
-
25 160
total
-
-
-
101 107
Employee

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

72 187
-
138 254
-
communal

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

3 765
-
7 210
-
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.

3 392
-
6 498
-
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.

5 414
-
10 368
-
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.

628
-
1 203
-
national
22 193
-
50 170
-
total
35 392
-
75 449
-
Employer

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

72 187
-
138 254
-
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.

938
-
1 798
-
unemployment

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

1 053
-
2 019
-
surtax
8 185
-
15 677
-
pensions

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

6 396
-
12 249
-
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.

4 439
-
8 501
-
total
21 011
-
40 244
-
Corporate
85 300
178 500
-
-
surtax
341
714
-
-
income
17 060
35 700
-
-
total
17 401
36 414
-
-
Dividends
67 899
142 086
-
-
withholding

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

20 001
42 259
-
-
total
20 001
42 259
-
-
Income
178 500
178 500
178 500
178 500
Total tax
93 805
78 673
115 693
101 107
After tax
84 695
99 827
62 807
77 393
Living cost
36 796
36 796
36 796
36 796
Free-cash
47 899
63 031
26 011
40 597

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
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.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82527
₽75606
₽63718
₽59484
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
50 273
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
78 336
Employee
50 235
-
148 680
-
other
50
-
94
-
income
10 599
-
46 808
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
52 749
-
Employer
50 235
-
148 680
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 764
-
5 144
-
pensions
11 855
-
22 076
-
total
16 013
-
29 821
-
Corporate
112 253
178 500
-
-
income

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

16 838
26 775
-
-
total
16 838
26 775
-
-
Dividends
95 415
151 725
-
-
withholding
19 808
32 752
-
-
total
19 808
32 752
-
-
Income
178 500
178 500
178 500
178 500
Total tax
66 448
59 527
82 570
78 336
After tax
112 052
118 973
95 930
100 164
Living cost
36 446
36 446
36 446
36 446
Free-cash
75 606
82 527
59 484
63 718

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽49528
₽36617
₽33326
₽40443
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 505
income
-
-
-
29 398
pensions
-
-
-
26 754
health
-
-
-
12 542
surtax
-
-
-
8 850
communal
-
-
-
11 282
total
-
-
-
90 331
Employee
76 425
-
159 447
-
health
3 401
-
7 095
-
surtax
4 684
-
9 771
-
income
7 382
-
34 538
-
pensions
6 113
-
12 757
-
total
21 580
-
64 161
-
Employer
76 425
-
159 447
-
accident
688
-
1 434
-
pensions
6 113
-
12 757
-
health
2 331
-
4 862
-
total
9 132
-
19 053
-
Corporate
92 944
178 500
-
-
surtax
977
1 875
-
-
communal
6 274
12 048
-
-
income
13 942
26 775
-
-
total
21 193
40 698
-
-
Dividends
71 752
137 802
-
-
income
24 372
12 761
-
-
withholding
10 763
20 670
-
-
total
35 135
33 431
-
-
Income
178 500
178 500
178 500
178 500
Total tax
87 040
74 129
83 214
90 331
After tax
91 460
104 371
95 286
88 169
Living cost
54 843
54 843
54 843
54 843
Free-cash
36 617
49 528
40 443
33 326

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽89608
₽86402
₽61794
₽55623
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
49 624
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
7 685
total
-
-
-
94 039
Employee
33 986
-
150 149
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
6 479
-
income
5 697
-
43 588
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
71 859
-
Employer
33 986
-
150 149
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
137 359
178 500
-
-
income
35 713
46 411
-
-
total
35 713
46 411
-
-
Dividends
101 646
132 089
-
-
withholding
15 246
19 814
-
-
total
15 246
19 814
-
-
Income
178 500
178 500
178 500
178 500
Total tax
69 431
66 225
100 210
94 039
After tax
109 069
112 275
78 290
84 461
Living cost
22 667
22 667
22 667
22 667
Free-cash
86 402
89 608
55 623
61 794

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
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.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66640
₽64396
₽57496
₽49476
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 061
regional
-
-
-
2 692
national
-
-
-
44 155
social contributions
-
-
-
45 911
total
-
-
-
93 819
Employee
55 981
-
178 500
-
social contributions
18 877
-
60 190
-
regional
754
-
2 403
-
municipal
297
-
946
-
national
8 869
-
38 300
-
total
28 797
-
101 839
-
Employer
55 981
-
178 500
-
total
-
-
-
-
Corporate
122 519
178 500
-
-
nationa
29 405
42 839
-
-
municipal
6 090
8 871
-
-
total
35 495
51 710
-
-
Dividends
87 024
126 790
-
-
withholding
22 627
32 965
-
-
total
22 627
32 965
-
-
Income
178 500
178 500
178 500
178 500
Total tax
86 919
84 675
101 839
93 819
After tax
91 581
93 825
76 661
84 681
Living cost
27 185
27 185
27 185
27 185
Free-cash
64 396
66 640
49 476
57 496

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93112
₽82488
₽71858
₽63953
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
17 943
health
-
-
-
24 097
solidarity contribution
-
-
-
36
social contributions
-
-
-
34 781
total
-
-
-
76 857
Employee
43 801
-
136 442
-
social contributions
2 847
-
7 742
-
health
5 913
-
18 420
-
solidarity contribution
-
-
-
-
income
5 256
-
16 542
-
total
14 016
-
42 704
-
Employer
43 801
-
136 442
-
social contributions
10 950
-
29 778
-
health
3 942
-
12 280
-
total
14 892
-
42 058
-
Corporate
119 806
178 500
-
-
income
22 763
33 915
-
-
total
22 763
33 915
-
-
Dividends
97 043
144 585
-
-
withholding
14 556
21 688
-
-
total
14 556
21 688
-
-
Income
178 500
178 500
178 500
178 500
Total tax
66 227
55 603
84 762
76 857
After tax
112 273
122 897
93 738
101 643
Living cost
29 785
29 785
29 785
29 785
Free-cash
82 488
93 112
63 953
71 858

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
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.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66667
₽66170
₽59620
₽15162
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
714
income
-
-
-
48 950
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
86 683
Employee
44 114
40 217
142 756
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 967
39 315
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 250
60 667
-
Employer
44 114
40 217
142 756
-
accident
573
523
1 532
-
other
2 095
1 909
6 569
-
chamber of commerce
176
161
571
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
4 282
-
health
1 668
1 521
4 456
-
total
12 695
11 576
35 743
-
Corporate
121 690
126 708
138 926
-
income

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

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

30 423
31 676
34 731
-
total
30 423
31 676
34 731
-
Dividends
91 267
95 032
-
-
withholding
25 098
26 134
-
-
total
25 098
26 134
-
-
Income
178 500
178 500
178 500
178 500
Total tax
80 133
79 636
131 141
86 683
After tax
98 367
98 864
47 359
91 817
Living cost
32 197
32 197
32 197
32 197
Free-cash
66 170
66 667
15 162
59 620

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155426
₽152774
₽162566
₽128651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
178 500
-
income
3 537
-
35 700
-
total
3 537
-
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%.

160 814
178 500
-
-
total
-
-
-
-
Dividends
160 814
178 500
-
-
withholding
8 040
8 925
-
-
total
8 040
8 925
-
-
Income
178 500
178 500
178 500
178 500
Total tax
11 577
8 925
35 700
1 785
After tax
166 923
169 575
142 800
176 715
Living cost
14 149
14 149
14 149
14 149
Free-cash
152 774
155 426
128 651
162 566

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95827
₽87388
₽60074
₽55345
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 925
pensions
-
-
-
32 599
unemployment
-
-
-
268
health
-
-
-
17 565
total
-
-
-
91 357
Employee

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

44 626
-
154 452
-
health
2 882
-
9 978
-
income
7 696
-
37 903
-
pensions
6 917
-
23 941
-
unemployment
63
-
216
-
total
17 558
-
72 038
-
Employer

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

44 626
-
154 452
-
unemployment
27
-
92
-
pensions
3 949
-
13 668
-
health
2 972
-
10 288
-
total
6 948
-
24 048
-
Corporate
126 926
178 500
-
-
income
24 115
33 915
-
-
total
24 115
33 915
-
-
Dividends
102 811
144 585
-
-
withholding
15 422
21 689
-
-
total
15 422
21 689
-
-
Income
178 500
178 500
178 500
178 500
Total tax
64 043
55 604
96 086
91 357
After tax
114 457
122 896
82 414
87 143
Living cost
27 069
27 069
27 069
27 069
Free-cash
87 388
95 827
55 345
60 074

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65015
₽16969
₽79774
₽121628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
34 793
social contributions
-
-
-
20 349
total
-
-
-
55 142
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
27 891
178 500
-
-
income
6 136
39 270
-
-
total
6 136
39 270
-
-
Dividends
21 755
139 230
-
-
income
4 786
30 631
-
-
total
4 786
30 631
-
-
Income
178 500
178 500
178 500
178 500
Total tax
117 947
69 901
13 288
55 142
After tax
60 553
108 599
165 212
123 358
Living cost
43 584
43 584
43 584
43 584
Free-cash
16 969
65 015
121 628
79 774

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69876
₽68860
₽63892
₽50358
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 924
surtax
-
-
-
-
social contributions

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

-
-
-
62 029
total
-
-
-
82 953
Employee
46 415
-
144 242
-
social contributions
5 106
-
15 867
-
surtax
-
-
-
-
income
9 654
-
46 362
-
total
14 760
-
62 229
-
Employer
46 415
-
144 242
-
social contributions
11 023
-
34 258
-
total
11 023
-
34 258
-
Corporate
121 062
178 500
-
-
surtax
-
-
-
-
income
25 423
37 485
-
-
total
25 423
37 485
-
-
Dividends
95 639
141 015
-
-
withholding
26 779
39 484
-
-
total
26 779
39 484
-
-
Income
178 500
178 500
178 500
178 500
Total tax
77 985
76 969
96 487
82 953
After tax
100 515
101 531
82 013
95 547
Living cost
31 655
31 655
31 655
31 655
Free-cash
68 860
69 876
50 358
63 892

Estimated living cost  is ₽31655 per week

₽23684
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.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41220
₽48159
₽51836
₽49250
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
27 973
pensions
-
-
-
31 759
other
-
-
-
5 533
health
-
-
-
7 570
surtax
-
-
-
-
social contributions
-
-
-
5 087
total
-
-
-
77 922
Employee
63 207
-
138 275
-
social contributions
1 800
-
3 941
-
surtax
-
-
-
-
income
5 515
-
26 780
-
pensions
7 149
-
9 562
-
total
14 464
-
40 283
-
Employer
63 207
-
138 275
-
other
2 181
-
5 371
-
social contributions
190
-
416
-
unemployment
2 561
-
5 600
-
pensions
10 386
-
16 107
-
health
4 424
-
12 731
-
total
19 742
-
40 225
-
Corporate
95 552
178 500
-
-
surtax
-
-
-
-
income
26 754
49 981
-
-
total
26 754
49 981
-
-
Dividends
68 798
128 519
-
-
surtax
-
-
-
-
social contributions
11 833
22 106
-
-
withholding
8 806
16 451
-
-
total
20 639
38 557
-
-
Income
178 500
178 500
178 500
178 500
Total tax
81 599
88 538
80 508
77 922
After tax
96 901
89 962
97 992
100 578
Living cost
48 742
48 742
48 742
48 742
Free-cash
48 159
41 220
49 250
51 836

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130313
₽126923
₽101098
₽105844
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
7 795
social contributions
-
-
-
39 271
total
-
-
-
47 066
Employee
32 444
-
154 546
-
income
-
-
8 321
-
social contributions
2 109
-
10 045
-
total
2 109
-
18 366
-
Employer
32 444
-
154 546
-
social contributions
5 029
-
23 954
-
total
5 029
-
23 954
-
Corporate
141 027
178 500
-
-
income
14 103
17 851
-
-
total
14 103
17 851
-
-
Dividends
126 924
160 649
-
-
total
-
-
-
-
Income
178 500
178 500
178 500
178 500
Total tax
21 241
17 851
42 320
47 066
After tax
157 259
160 649
136 180
131 434
Living cost
30 336
30 336
30 336
30 336
Free-cash
126 923
130 313
105 844
101 098

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
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.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41473
-₽41473
₽56614
-₽41473
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
37 202
pensions
-
-
-
875
national
-
-
-
20 976
labour market
-
-
-
14 210
total
-
-
-
73 263
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
178 500
178 500
178 500
178 500
Total tax
171 350
171 350
171 350
73 263
After tax
7 150
7 150
7 150
105 237
Living cost
48 623
48 623
48 623
48 623
Free-cash
-41 473
-41 473
-41 473
56 614

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7287
₽11124
₽100271
₽75275
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
49 496
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
56 483
Employee
34 209
-
160 821
-
health
3 917
-
18 414
-
income
4 693
-
37 732
-
pensions
3 852
-
7 654
-
total
12 462
-
63 800
-
Employer
34 209
-
160 821
-
accident
571
-
2 686
-
unemployment
838
-
3 940
-
pensions
5 562
-
11 053
-
total
6 971
-
17 679
-
Corporate
137 320
178 500
-
-
income

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

123 588
160 650
-
-
total
123 588
160 650
-
-
Dividends
13 732
17 850
-
-
withholding
2 609
3 391
-
-
total
2 609
3 391
-
-
Income
178 500
178 500
178 500
178 500
Total tax
145 630
164 041
81 479
56 483
After tax
32 870
14 459
97 021
122 017
Living cost
21 746
21 746
21 746
21 746
Free-cash
11 124
-7 287
75 275
100 271

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73061
₽75615
₽76280
₽54845
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
31 710
health
-
-
-
2 327
national
-
-
-
29 438
total
-
-
-
63 475
Employee
53 095
-
150 164
-
health
396
-
1 892
-
municipal
8 697
-
24 460
-
pensions
3 583
-
10 137
-
unemployment
797
-
2 252
-
national
877
-
17 833
-
total
14 350
-
56 574
-
Employer
53 095
-
150 164
-
accident
54
-
149
-
unemployment
345
-
977
-
pensions
9 212
-
26 053
-
health
408
-
1 157
-
total
10 019
-
28 336
-
Corporate
115 387
178 500
-
-
income
23 077
35 700
-
-
total
23 077
35 700
-
-
Dividends

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

69 232
107 100
-
-
national
4 232
11 716
-
-
municipal
12 462
19 278
-
-
total
16 694
30 994
-
-
Income
178 500
178 500
178 500
178 500
Total tax
64 140
66 694
84 910
63 475
After tax
114 360
111 806
93 590
115 025
Living cost
38 745
38 745
38 745
38 745
Free-cash
75 615
73 061
54 845
76 280

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106847
₽101359
₽98603
₽97035
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
35 652
health
-
-
-
4 552
social contributions
-
-
-
16 328
total
-
-
-
56 532
Employee
77 601
77 601
166 728
-
social contributions
2 934
6 441
8 687
-
health
601
1 320
2 834
-
income
8 449
7 184
34 807
-
total
11 984
14 945
46 328
-
Employer
77 601
77 601
166 728
-
social contributions
2 934
6 441
8 687
-
health
653
1 436
3 085
-
total
3 587
7 877
11 772
-
Corporate
139 563
93 022
-
-
income
17 445
11 629
-
-
total
17 445
11 629
-
-
Dividends
122 118
81 393
-
-
withholding
20 760
13 837
-
-
total
20 760
13 837
-
-
Income
178 500
178 500
178 500
178 500
Total tax
53 776
48 288
58 100
56 532
After tax
124 724
130 212
120 400
121 968
Living cost
23 365
23 365
23 365
23 365
Free-cash
101 359
106 847
97 035
98 603

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131791
₽126657
₽134210
₽113967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 167
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
28 267
Employee

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

23 164
-
168 637
-
health
1 969
-
8 139
-
income
1 584
-
15 666
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
38 647
-
Employer

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

23 164
-
168 637
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
152 951
178 500
-
-
income
13 766
16 066
-
-
total
13 766
16 066
-
-
Dividends
139 186
162 434
-
-
withholding
12 527
14 620
-
-
total
12 527
14 620
-
-
Income
178 500
178 500
178 500
178 500
Total tax
35 820
30 686
48 510
28 267
After tax
142 680
147 814
129 990
150 233
Living cost
16 023
16 023
16 023
16 023
Free-cash
126 657
131 791
113 967
134 210

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91222
₽86767
₽72413
₽68179
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
50 273
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
78 336
Employee
37 315
-
148 680
-
other
36
-
94
-
income
7 194
-
46 808
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
52 749
-
Employer
37 315
-
148 680
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 076
-
total
11 897
-
29 821
-
Corporate
129 288
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.

19 392
26 775
-
-
total
19 392
26 775
-
-
Dividends
109 895
151 725
-
-
withholding
23 131
32 752
-
-
total
23 131
32 752
-
-
Income
178 500
178 500
178 500
178 500
Total tax
63 982
59 527
82 570
78 336
After tax
114 518
118 973
95 930
100 164
Living cost
27 751
27 751
27 751
27 751
Free-cash
86 767
91 222
68 179
72 413

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108628
₽108174
₽111651
₽111453
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
60 626
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
64 093
Employee
4 198
-
176 238
-
health
210
-
503
-
income
812
-
60 520
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
62 029
-
Employer
4 198
-
176 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
173 358
178 500
-
-
income
38 139
39 270
-
-
total
38 139
39 270
-
-
Dividends
135 219
139 230
-
-
withholding
27 044
27 846
-
-
total
27 044
27 846
-
-
Income
178 500
178 500
178 500
178 500
Total tax
67 570
67 116
64 291
64 093
After tax
110 930
111 384
114 209
114 407
Living cost
2 756
2 756
2 756
2 756
Free-cash
108 174
108 628
111 453
111 651

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111513
₽106549
₽92445
₽92446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 409
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
68 602
Employee

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

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

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

26 319
-
165 149
-
health
1 355
-
3 841
-
income
3 628
-
40 409
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
55 251
-
Employer

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

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

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

26 319
-
165 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
147 470
178 500
-
-
income
22 121
26 775
-
-
total
22 121
26 775
-
-
Dividends
125 350
151 725
-
-
withholding
18 802
22 759
-
-
total
18 802
22 759
-
-
Income
178 500
178 500
178 500
178 500
Total tax
54 498
49 534
68 601
68 602
After tax
124 002
128 966
109 899
109 898
Living cost
17 453
17 453
17 453
17 453
Free-cash
106 549
111 513
92 446
92 445

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74324
₽73960
₽68340
₽54806
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 924
surtax
-
-
-
-
social contributions

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

-
-
-
62 029
total
-
-
-
82 953
Employee
39 169
-
144 242
-
social contributions
4 309
-
15 867
-
surtax
-
-
-
-
income
7 653
-
46 362
-
total
11 962
-
62 229
-
Employer
39 169
-
144 242
-
social contributions
9 302
-
34 258
-
total
9 302
-
34 258
-
Corporate
130 030
178 500
-
-
surtax
-
-
-
-
income
27 306
37 485
-
-
total
27 306
37 485
-
-
Dividends
102 724
141 015
-
-
withholding
28 763
39 484
-
-
total
28 763
39 484
-
-
Income
178 500
178 500
178 500
178 500
Total tax
77 333
76 969
96 487
82 953
After tax
101 167
101 531
82 013
95 547
Living cost
27 207
27 207
27 207
27 207
Free-cash
73 960
74 324
54 806
68 340

Estimated living cost  is ₽27207 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
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.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83506
₽76903
₽64697
₽60463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
50 273
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
78 336
Employee
48 739
-
148 680
-
other
48
-
94
-
income
10 180
-
46 808
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
52 749
-
Employer
48 739
-
148 680
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 076
-
total
15 539
-
29 821
-
Corporate
114 222
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.

17 133
26 775
-
-
total
17 133
26 775
-
-
Dividends
97 089
151 725
-
-
withholding
20 185
32 752
-
-
total
20 185
32 752
-
-
Income
178 500
178 500
178 500
178 500
Total tax
66 130
59 527
82 570
78 336
After tax
112 370
118 973
95 930
100 164
Living cost
35 467
35 467
35 467
35 467
Free-cash
76 903
83 506
60 463
64 697

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135247
₽129093
₽124937
₽131943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
36 192
Employee
23 001
-
171 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
17 158
-
pensions

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

2 019
-
3 097
-
total
5 630
-
22 265
-
Employer
23 001
-
171 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
150 986
178 500
-
-
income
15 098
17 850
-
-
total
15 098
17 850
-
-
Dividends
135 888
160 650
-
-
withholding
6 795
8 032
-
-
total
6 795
8 032
-
-
Income
178 500
178 500
178 500
178 500
Total tax
32 036
25 882
29 186
36 192
After tax
146 464
152 618
149 314
142 308
Living cost
17 371
17 371
17 371
17 371
Free-cash
129 093
135 247
131 943
124 937

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52900
₽66103
₽55465
₽74346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
18 881
income

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

-
-
-
55 259
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.

-
-
-
6 894
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.

-
-
-
3 039
total
-
-
-
84 073
Employee

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

50 213
-
178 500
-
health

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

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

6 894
-
6 894
-
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.

228
-
3 039
-
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.

4 129
-
55 259
-
total
11 251
-
65 192
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
128 287
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.

1 059
1 473
-
-
income
19 243
26 775
-
-
trade
18 410
25 615
-
-
chamber of commerce
341
416
-
-
total
39 053
54 279
-
-
Dividends
89 234
124 222
-
-
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.

1 207
1 687
-
-
withholding
21 924
30 672
-
-
total
23 131
32 359
-
-
Income
178 500
178 500
178 500
178 500
Total tax
73 435
86 638
65 192
84 073
After tax
105 065
91 862
113 308
94 427
Living cost
38 962
38 962
38 962
38 962
Free-cash
66 103
52 900
74 346
55 465

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67463
₽69691
₽36498
₽36498
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
178 500
income
-
-
-
54 719
social contributions
-
-
-
29 796
total
-
-
-
84 515
Employee
78 941
-
178 500
-
income
14 896
-
54 719
-
social contributions
6 558
-
29 796
-
total
21 454
-
84 515
-
Employer
78 941
-
178 500
-
total
-
-
-
-
Corporate
99 559
178 500
-
-
income
12 444
22 313
-
-
total
12 444
22 313
-
-
Dividends
87 115
156 187
-
-
withholding
17 424
31 237
-
-
total
17 424
31 237
-
-
Income
178 500
178 500
178 500
178 500
Total tax
51 322
53 550
84 515
84 515
After tax
127 178
124 950
93 985
93 985
Living cost
57 487
57 487
57 487
57 487
Free-cash
69 691
67 463
36 498
36 498

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74059
₽77586
₽106398
₽90239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
178 500
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
173 858
-
income
5 023
-
42 343
-
social contributions
4 638
-
4 642
-
total
9 661
-
46 985
-
Employer
46 295
-
173 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
127 566
178 500
-
-
income
44 649
62 475
-
-
total
44 649
62 475
-
-
Dividends
82 917
116 025
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
178 500
178 500
178 500
178 500
Total tax
64 280
67 807
51 627
35 468
After tax
114 220
110 693
126 873
143 032
Living cost
36 634
36 634
36 634
36 634
Free-cash
77 586
74 059
90 239
106 398

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
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.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79216
₽85213
₽80745
₽64587
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 027
pensions
-
-
-
9 113
total
-
-
-
60 140
Employee
51 632
-
155 930
-
health
674
-
2 260
-
income
9 403
-
40 258
-
pensions
3 941
-
11 210
-
total
14 018
-
53 728
-
Employer
51 632
-
155 930
-
pensions
5 216
-
19 608
-
health
981
-
2 962
-
total
6 197
-
22 570
-
Corporate
120 670
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.

22 927
33 915
-
-
total
22 927
33 915
-
-
Dividends
97 744
144 585
-
-
withholding
12 530
27 754
-
-
total
12 530
27 754
-
-
Income
178 500
178 500
178 500
178 500
Total tax
55 672
61 669
76 298
60 140
After tax
122 828
116 831
102 202
118 360
Living cost
37 615
37 615
37 615
37 615
Free-cash
85 213
79 216
64 587
80 745

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9441
₽10791
₽98117
₽73121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
49 496
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
56 483
Employee
37 595
-
160 821
-
health
4 304
-
18 414
-
income
5 158
-
37 732
-
pensions
4 233
-
7 654
-
total
13 695
-
63 800
-
Employer
37 595
-
160 821
-
accident
628
-
2 686
-
unemployment
921
-
3 940
-
pensions
6 113
-
11 053
-
total
7 662
-
17 679
-
Corporate
133 244
178 500
-
-
income

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

119 920
160 650
-
-
total
119 920
160 650
-
-
Dividends
13 324
17 850
-
-
withholding
2 532
3 391
-
-
total
2 532
3 391
-
-
Income
178 500
178 500
178 500
178 500
Total tax
143 809
164 041
81 479
56 483
After tax
34 691
14 459
97 021
122 017
Living cost
23 900
23 900
23 900
23 900
Free-cash
10 791
-9 441
73 121
98 117

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136577
₽131855
₽91045
₽113238
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
29 441
pensions
-
-
-
29 696
unemployment
-
-
-
1 937
total
-
-
-
73 824
Employee

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

21 810
-
178 500
-
work injury
109
-
403
-
income
2 181
-
29 441
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
51 631
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
156 690
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%.

1 567
1 785
-
-
total
1 567
1 785
-
-
Dividends
155 123
176 715
-
-
withholding
23 268
26 507
-
-
total
23 268
26 507
-
-
Income
178 500
178 500
178 500
178 500
Total tax
33 014
28 292
51 631
73 824
After tax
145 486
150 208
126 869
104 676
Living cost
13 631
13 631
13 631
13 631
Free-cash
131 855
136 577
113 238
91 045

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53819
₽49228
₽42948
₽35114
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 193
regional
-
-
-
4 090
national
-
-
-
44 155
social contributions
-
-
-
45 911
total
-
-
-
95 349
Employee
85 040
-
178 500
-
social contributions
28 675
-
60 190
-
regional
1 284
-
3 628
-
municipal
508
-
1 065
-
national
14 371
-
38 300
-
total
44 838
-
103 183
-
Employer
85 040
-
178 500
-
total
-
-
-
-
Corporate
93 460
178 500
-
-
nationa
22 430
42 839
-
-
municipal
4 504
8 605
-
-
total
26 934
51 444
-
-
Dividends
66 526
127 056
-
-
withholding
17 297
33 034
-
-
total
17 297
33 034
-
-
Income
178 500
178 500
178 500
178 500
Total tax
89 069
84 478
103 183
95 349
After tax
89 431
94 022
75 317
83 151
Living cost
40 203
40 203
40 203
40 203
Free-cash
49 228
53 819
35 114
42 948

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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