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
₽ 179000
per

Your estimated
City
free-cash

Dresden , Germany
₽59749
₽62228
₽83040
₽70898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
179 000
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.

-
-
-
55 492
trade
-
-
-
20 812
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.

-
-
-
6 886
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.

-
-
-
3 053
total
-
-
-
86 243
Employee

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

38 551
-
179 000
-
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.

1 077
-
55 492
-
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.

6 886
-
6 886
-
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
-
3 053
-
total
8 022
-
65 431
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
140 449
179 000
-
-
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.

1 159
1 477
-
-
trade
22 121
28 192
-
-
chamber of commerce
356
409
-
-
income
21 067
26 851
-
-
total
44 703
56 929
-
-
Dividends
95 747
122 072
-
-
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.

1 295
1 658
-
-
withholding
23 553
30 135
-
-
total
24 848
31 793
-
-
Income
179 000
179 000
179 000
179 000
Total tax
77 573
88 722
65 431
86 243
After tax
101 427
90 278
113 569
92 757
Living cost
30 529
30 529
30 529
30 529
Free-cash
70 898
59 749
83 040
62 228

Estimated living cost  is ₽30529 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60974
₽54588
₽55547
₽60131
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
municipal
-
-
-
19 629
social contributions
-
-
-
1 924
pensions
-
-
-
21 480
national
-
-
-
30 657
total
-
-
-
73 690
Employee
78 629
-
154 744
-
municipal
9 712
-
20 322
-
pensions
3 145
-
6 190
-
national
15 050
-
32 175
-
total
27 907
-
58 687
-
Employer
78 629
-
154 744
-
social contributions
845
-
1 664
-
pensions
6 290
-
12 380
-
total
7 135
-
14 044
-
Corporate
88 046
179 000
-
-
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%.

17 609
35 800
-
-
total
17 609
35 800
-
-
Dividends
70 437
143 200
-
-
withholding
15 496
31 504
-
-
total
15 496
31 504
-
-
Income
179 000
179 000
179 000
179 000
Total tax
68 147
67 304
72 731
73 690
After tax
110 853
111 696
106 269
105 310
Living cost
50 722
50 722
50 722
50 722
Free-cash
60 131
60 974
55 547
54 588

Estimated living cost  is ₽50722 per week

₽34475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10773
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122231
₽40927
₽54342
₽113964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
179 000
income
-
-
-
32 841
microenterprise
-
-
-
-
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.

-
-
-
38 618
surtax
-
-
-
45 645
total
-
-
-
117 104
Employee
29 452
-
135 191
-
income
5 243
-
27 063
-
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.

3 240
-
13 213
-
surtax
-
-
19 604
-
total
8 483
-
59 880
-
Employer
29 452
-
135 191
-
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.

7 094
-
28 938
-
surtax
-
-
14 871
-
total
7 094
-
43 809
-
Corporate
142 454
179 000
-
-
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%.

28 490
35 800
-
-
total
28 490
35 800
-
-
Dividends

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

113 964
143 200
-
-
total
-
-
-
-
Income
179 000
179 000
179 000
179 000
Total tax
44 067
35 800
103 689
117 104
After tax
134 933
143 200
75 311
61 896
Living cost
20 969
20 969
20 969
20 969
Free-cash
113 964
122 231
54 342
40 927

Estimated living cost  is ₽20969 per week

₽13378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46420
₽56499
₽69769
₽40245
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
56 040
health
-
-
-
12 429
pensions
-
-
-
11 809
total
-
-
-
80 278
Employee
86 073
86 073
160 269
-
pensions
15 493
11 809
11 809
-
income

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

14 089
14 089
24 039
-
health
13 211
11 237
12 429
-
total
42 793
37 135
48 277
-
Employer
86 073
86 073
160 269
-
unemployment
3 099
3 099
3 850
-
health
5 983
5 983
7 435
-
pensions
5 991
5 991
7 446
-
total
15 073
15 073
18 731
-
Corporate
78 911
77 855
-
-
income
15 782
15 571
-
-
total
15 782
15 571
-
-
Dividends
63 129
62 284
-
-
income
13 414
13 236
-
-
withholding
9 470
9 342
-
-
total
22 884
22 578
-
-
Income
179 000
179 000
179 000
179 000
Total tax
96 532
90 357
67 008
80 278
After tax
82 468
88 643
111 992
98 722
Living cost
42 223
42 223
42 223
42 223
Free-cash
40 245
46 420
69 769
56 499

Estimated living cost  is ₽42223 per week

₽29923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽671
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7823
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58563
₽52368
₽51419
₽57683
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
unemployment
-
-
-
86
other
-
-
-
9 976
health
-
-
-
5 357
municipal
-
-
-
45 962
national
-
-
-
16 628
pensions
-
-
-
9 280
accident
-
-
-
172
total
-
-
-
87 461
Employee
55 815
-
152 026
-
municipal
16 644
-
45 334
-
national
-
-
16 102
-
total
16 644
-
61 436
-
Employer
55 815
-
152 026
-
accident
112
-
172
-
unemployment
1 473
-
2 266
-
health
3 433
-
5 280
-
pensions
6 034
-
9 280
-
other
6 486
-
9 976
-
total
17 538
-
26 974
-
Corporate
105 648
179 000
-
-
income
23 242
39 380
-
-
total
23 242
39 380
-
-
Dividends
82 405
139 620
-
-
withholding
24 722
41 886
-
-
total
24 722
41 886
-
-
Income
179 000
179 000
179 000
179 000
Total tax
82 146
81 266
88 410
87 461
After tax
96 854
97 734
90 590
91 539
Living cost
39 171
39 171
39 171
39 171
Free-cash
57 683
58 563
51 419
52 368

Estimated living cost  is ₽39171 per week

₽25961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49762
₽52238
₽73974
₽63924
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
179 000
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.

-
-
-
55 492
trade
-
-
-
21 736
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.

-
-
-
6 886
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.

-
-
-
3 053
total
-
-
-
87 167
Employee

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

51 114
-
179 000
-
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.

4 392
-
55 492
-
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.

6 886
-
6 886
-
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
-
3 053
-
total
11 519
-
65 431
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
127 886
179 000
-
-
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.

1 056
1 477
-
-
trade
21 038
29 446
-
-
chamber of commerce
335
407
-
-
income
19 183
26 851
-
-
total
41 612
58 181
-
-
Dividends
86 275
120 819
-
-
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.

1 165
1 641
-
-
withholding
21 185
29 821
-
-
total
22 350
31 462
-
-
Income
179 000
179 000
179 000
179 000
Total tax
75 481
89 643
65 431
87 167
After tax
103 519
89 357
113 569
91 833
Living cost
39 595
39 595
39 595
39 595
Free-cash
63 924
49 762
73 974
52 238

Estimated living cost  is ₽39595 per week

₽26482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8347
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97885
₽89582
₽88012
₽93706
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
35 854
health
-
-
-
4 564
social contributions
-
-
-
16 308
total
-
-
-
56 726
Employee
77 505
77 505
167 231
-
income
8 139
7 175
35 009
-
health
771
1 318
2 842
-
social contributions
3 766
6 432
8 676
-
total
12 676
14 925
46 527
-
Employer
77 505
77 505
167 231
-
social contributions
3 766
6 432
8 676
-
health
840
1 435
3 093
-
total
4 606
7 867
11 769
-
Corporate
129 027
93 628
-
-
income
16 128
11 704
-
-
total
16 128
11 704
-
-
Dividends
112 898
81 924
-
-
withholding
19 192
13 927
-
-
total
19 192
13 927
-
-
Income
179 000
179 000
179 000
179 000
Total tax
52 602
48 423
58 296
56 726
After tax
126 398
130 577
120 704
122 274
Living cost
32 692
32 692
32 692
32 692
Free-cash
93 706
97 885
88 012
89 582

Estimated living cost  is ₽32692 per week

₽22348
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82195
₽105646
₽85412
₽82578
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
21 883
unemployment
-
-
-
2 685
health
-
-
-
12 530
pensions
-
-
-
17 900
total
-
-
-
54 998
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.

26 497
10 546
149 791
-
pensions
2 650
1 055
14 979
-
unemployment
397
158
2 247
-
income
3 239
1 289
18 312
-
health
1 855
738
10 485
-
total
8 141
3 240
46 023
-
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.

26 497
10 546
149 791
-
pensions
5 167
2 056
29 209
-
total
5 167
2 056
29 209
-
Corporate
147 336
166 398
-
-
income
13 260
14 976
-
-
total
13 260
14 976
-
-
Dividends
134 075
151 422
-
-
withholding
25 474
28 770
-
-
social contributions
26 024
29 407
-
-
total
51 498
58 177
-
-
Income
179 000
179 000
179 000
179 000
Total tax
78 066
78 449
75 232
54 998
After tax
100 934
100 551
103 768
124 002
Living cost
18 356
18 356
18 356
18 356
Free-cash
82 578
82 195
85 412
105 646

Estimated living cost  is ₽18356 per week

₽12526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118855
₽71600
₽78828
₽112594
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
23 986
health
-
-
-
23 270
pensions
-
-
-
35 799
total
-
-
-
83 055
Employee
28 593
-
133 779
-
pensions
572
-
2 676
-
unemployment
457
-
2 140
-
income
3 219
-
25 793
-
total
4 248
-
30 609
-
Employer
28 593
-
133 779
-
unemployment
230
-
1 071
-
health
3 716
-
17 390
-
pensions
5 719
-
26 757
-
total
9 665
-
45 218
-
Corporate
140 742
179 000
-
-
income
28 148
35 800
-
-
total
28 148
35 800
-
-
Dividends
112 594
143 200
-
-
total
-
-
-
-
Income
179 000
179 000
179 000
179 000
Total tax
42 061
35 800
75 827
83 055
After tax
136 939
143 200
103 173
95 945
Living cost
24 345
24 345
24 345
24 345
Free-cash
112 594
118 855
78 828
71 600

Estimated living cost  is ₽24345 per week

₽16698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1450
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.
₽5708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7795
₽100069
₽74953
₽11080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
49 579
other
-
-
-
376
health
-
-
-
2 210
pensions
-
-
-
4 216
accident
-
-
-
256
total
-
-
-
56 637
Employee
35 070
-
161 194
-
pensions
3 949
-
7 731
-
income
4 811
-
37 759
-
health
4 016
-
18 457
-
total
12 776
-
63 947
-
Employer
35 070
-
161 194
-
accident
585
-
2 692
-
unemployment
859
-
3 949
-
pensions
5 703
-
11 165
-
total
7 147
-
17 806
-
Corporate
136 782
179 000
-
-
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.

123 104
161 100
-
-
total
123 104
161 100
-
-
Dividends
13 678
17 900
-
-
withholding
2 599
3 401
-
-
total
2 599
3 401
-
-
Income
179 000
179 000
179 000
179 000
Total tax
145 626
164 501
81 753
56 637
After tax
33 374
14 499
97 247
122 363
Living cost
22 294
22 294
22 294
22 294
Free-cash
11 080
-7 795
74 953
100 069

Estimated living cost  is ₽22294 per week

₽16340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1235
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.
₽4254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160905
₽168065
₽134055
₽159191
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
179 000
microenterprise

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

-
-
-
1 790
total
-
-
-
1 790
Employee
11 431
-
179 000
-
income
2 286
-
35 800
-
total
2 286
-
35 800
-
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%.

167 569
179 000
-
-
total
-
-
-
-
Dividends
167 569
179 000
-
-
withholding
8 378
8 950
-
-
total
8 378
8 950
-
-
Income
179 000
179 000
179 000
179 000
Total tax
10 664
8 950
35 800
1 790
After tax
168 336
170 050
143 200
177 210
Living cost
9 145
9 145
9 145
9 145
Free-cash
159 191
160 905
134 055
168 065

Estimated living cost  is ₽9145 per week

₽5668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽760
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104654
₽73551
₽74558
₽97848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
27 782
other
-
-
-
7 280
health
-
-
-
6 744
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.

-
-
-
36 786
total
-
-
-
78 592
Employee
36 597
-
142 972
-
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.

2 561
-
10 007
-
unemployment
365
-
1 429
-
income
6 301
-
28 119
-
health
513
-
2 001
-
total
9 740
-
41 556
-
Employer
36 597
-
142 972
-
accident
293
-
1 144
-
unemployment
365
-
1 429
-
health
513
-
2 001
-
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.

6 222
-
24 305
-
other
1 830
-
7 150
-
total
9 223
-
36 029
-
Corporate
133 180
179 000
-
-
income
27 968
37 591
-
-
total
27 968
37 591
-
-
Dividends
105 212
141 409
-
-
withholding
7 364
9 898
-
-
total
7 364
9 898
-
-
Income
179 000
179 000
179 000
179 000
Total tax
54 295
47 489
77 585
78 592
After tax
124 705
131 511
101 415
100 408
Living cost
26 857
26 857
26 857
26 857
Free-cash
97 848
104 654
74 558
73 551

Estimated living cost  is ₽26857 per week

₽18976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1813
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49163
₽50686
₽34484
₽52118
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
51 140
pensions
-
-
-
9 147
total
-
-
-
60 287
Employee
96 248
-
156 368
-
pensions
9 285
-
11 253
-
income
17 350
-
40 338
-
health
1 586
-
2 267
-
total
28 221
-
53 858
-
Employer
96 248
-
156 368
-
health
1 828
-
2 970
-
pensions
11 364
-
19 661
-
total
13 192
-
22 631
-
Corporate
69 560
179 000
-
-
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.

13 217
34 009
-
-
total
13 217
34 009
-
-
Dividends
56 343
144 991
-
-
withholding
4 225
27 801
-
-
total
4 225
27 801
-
-
Income
179 000
179 000
179 000
179 000
Total tax
58 855
61 810
76 489
60 287
After tax
120 145
117 190
102 511
118 713
Living cost
68 027
68 027
68 027
68 027
Free-cash
52 118
49 163
34 484
50 686

Estimated living cost  is ₽68027 per week

₽50974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8508
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽139830
₽129535
₽136572
₽135147
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
26 850
unemployment
-
-
-
141
health
-
-
-
4 049
pensions

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

-
-
-
5 210
total
-
-
-
36 250
Employee
17 498
-
172 093
-
pensions

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

1 536
-
3 091
-
income
1 750
-
17 210
-
health
805
-
1 619
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
total
4 284
-
22 307
-
Employer
17 498
-
172 093
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
health
1 208
-
2 429
-
pensions

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

1 928
-
3 879
-
total
3 434
-
6 906
-
Corporate
158 069
179 000
-
-
income
15 807
17 900
-
-
total
15 807
17 900
-
-
Dividends
142 261
161 100
-
-
withholding
7 113
8 055
-
-
total
7 113
8 055
-
-
Income
179 000
179 000
179 000
179 000
Total tax
30 638
25 955
29 213
36 250
After tax
148 362
153 045
149 787
142 750
Living cost
13 215
13 215
13 215
13 215
Free-cash
135 147
139 830
136 572
129 535

Estimated living cost  is ₽13215 per week

₽7715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4206
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32752
₽42831
₽56101
₽35287
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
56 040
health
-
-
-
12 429
pensions
-
-
-
11 809
total
-
-
-
80 278
Employee
93 447
86 073
160 269
-
pensions
11 809
11 809
11 809
-
income

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

14 089
14 089
24 039
-
health
11 658
11 237
12 429
-
total
37 556
37 135
48 277
-
Employer
93 447
86 073
160 269
-
unemployment
3 364
3 099
3 850
-
health
6 494
5 983
7 435
-
pensions
6 503
5 991
7 446
-
total
16 361
15 073
18 731
-
Corporate
69 191
77 855
-
-
income
13 839
15 571
-
-
total
13 839
15 571
-
-
Dividends
55 353
62 284
-
-
income
11 763
13 236
-
-
withholding
8 303
9 342
-
-
total
20 066
22 578
-
-
Income
179 000
179 000
179 000
179 000
Total tax
87 822
90 357
67 008
80 278
After tax
91 178
88 643
111 992
98 722
Living cost
55 891
55 891
55 891
55 891
Free-cash
35 287
32 752
56 101
42 831

Estimated living cost  is ₽55891 per week

₽41229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99190
₽78022
₽70157
₽90611
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
18 034
health
-
-
-
24 165
solidarity contribution
-
-
-
120
social contributions
-
-
-
34 608
total
-
-
-
76 927
Employee
35 368
-
137 037
-
solidarity contribution
-
-
-
-
income
4 244
-
16 625
-
health
4 775
-
18 500
-
social contributions
2 299
-
7 704
-
total
11 318
-
42 829
-
Employer
35 368
-
137 037
-
social contributions
8 842
-
29 630
-
health
3 183
-
12 333
-
total
12 025
-
41 963
-
Corporate
131 606
179 000
-
-
income
25 005
34 010
-
-
total
25 005
34 010
-
-
Dividends
106 601
144 990
-
-
withholding
15 990
21 749
-
-
total
15 990
21 749
-
-
Income
179 000
179 000
179 000
179 000
Total tax
64 338
55 759
84 792
76 927
After tax
114 662
123 241
94 208
102 073
Living cost
24 051
24 051
24 051
24 051
Free-cash
90 611
99 190
70 157
78 022

Estimated living cost  is ₽24051 per week

₽16706
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52973
₽42933
₽34847
₽47711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
municipal
-
-
-
1 063
regional
-
-
-
2 114
social contributions
-
-
-
46 039
national
-
-
-
44 320
total
-
-
-
93 536
Employee
89 578
-
179 000
-
municipal
474
-
949
-
national
15 522
-
38 448
-
social contributions
30 206
-
60 358
-
regional
845
-
1 867
-
total
47 047
-
101 622
-
Employer
89 578
-
179 000
-
total
-
-
-
-
Corporate
89 422
179 000
-
-
municipal
3 487
6 981
-
-
nationa
21 461
42 960
-
-
total
24 948
49 941
-
-
Dividends
64 474
129 059
-
-
withholding
16 763
33 555
-
-
total
16 763
33 555
-
-
Income
179 000
179 000
179 000
179 000
Total tax
88 758
83 496
101 622
93 536
After tax
90 242
95 504
77 378
85 464
Living cost
42 531
42 531
42 531
42 531
Free-cash
47 711
52 973
34 847
42 933

Estimated living cost  is ₽42531 per week

₽29647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽652
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90350
₽62446
₽56282
₽87214
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
49 888
unemployment
-
-
-
230
other
-
-
-
-
health
-
-
-
9 550
pensions
-
-
-
26 904
surtax
-
-
-
7 741
total
-
-
-
94 313
Employee
33 331
-
150 684
-
pensions
2 223
-
8 973
-
unemployment
2 320
-
9 363
-
other
-
-
-
-
income
5 587
-
43 859
-
health
851
-
3 430
-
surtax
109
-
6 536
-
total
11 090
-
72 161
-
Employer
33 331
-
150 684
-
unemployment
1 056
-
4 263
-
health
1 517
-
6 121
-
pensions
4 443
-
17 932
-
other
-
-
-
-
total
7 016
-
28 316
-
Corporate
138 653
179 000
-
-
income
36 049
46 540
-
-
total
36 049
46 540
-
-
Dividends
102 604
132 460
-
-
withholding
15 390
19 869
-
-
total
15 390
19 869
-
-
Income
179 000
179 000
179 000
179 000
Total tax
69 545
66 409
100 477
94 313
After tax
109 455
112 591
78 523
84 687
Living cost
22 241
22 241
22 241
22 241
Free-cash
87 214
90 350
56 282
62 446

Estimated living cost  is ₽22241 per week

₽13599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2052
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.
₽6077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70716
₽72239
₽56037
₽77437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
51 140
pensions
-
-
-
9 147
total
-
-
-
60 287
Employee
64 503
-
156 368
-
pensions
5 475
-
11 253
-
income
11 617
-
40 338
-
health
936
-
2 267
-
total
18 028
-
53 858
-
Employer
64 503
-
156 368
-
health
1 225
-
2 970
-
pensions
6 982
-
19 661
-
total
8 207
-
22 631
-
Corporate
106 290
179 000
-
-
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.

20 195
34 009
-
-
total
20 195
34 009
-
-
Dividends
86 095
144 991
-
-
withholding
8 659
27 801
-
-
total
8 659
27 801
-
-
Income
179 000
179 000
179 000
179 000
Total tax
55 089
61 810
76 489
60 287
After tax
123 911
117 190
102 511
118 713
Living cost
46 474
46 474
46 474
46 474
Free-cash
77 437
70 716
56 037
72 239

Estimated living cost  is ₽46474 per week

₽34818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3483
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.
₽7686
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽5286
₽68009
₽59895
₽38045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
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.

-
-
-
3 581
health
-
-
-
403
regional
-
-
-
8 951
city
-
-
-
1 886
pensions
-
-
-
16 467
national
-
-
-
3 138
total
-
-
-
34 426
Employee
89 601
-
160 216
-
city
962
-
1 721
-
pensions
7 528
-
13 459
-
unemployment
-
-
-
-
national
424
-
2 277
-
health
203
-
360
-
regional
2 934
-
7 701
-
total
12 051
-
25 518
-
Employer
89 601
-
160 216
-
unemployment
-
-
-
-
health
203
-
360
-
pensions
7 528
-
13 459
-
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.

1 791
-
3 203
-
total
9 522
-
17 022
-
Corporate
78 892
179 000
-
-
national
6 706
15 215
-
-
regional
16 686
37 859
-
-
total
23 392
53 074
-
-
Dividends
55 501
125 927
-
-
withholding
19 425
44 075
-
-
total
19 425
44 075
-
-
Income
179 000
179 000
179 000
179 000
Total tax
64 390
97 149
42 540
34 426
After tax
114 610
81 851
136 460
144 574
Living cost
76 565
76 565
76 565
76 565
Free-cash
38 045
5 286
59 895
68 009

Estimated living cost  is ₽76565 per week

₽49789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽940
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽42261
₽44734
₽67396
₽58611
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
179 000
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.

-
-
-
55 492
trade
-
-
-
22 662
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.

-
-
-
6 886
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.

-
-
-
3 053
total
-
-
-
88 093
Employee

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

60 574
-
179 000
-
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.

7 123
-
55 492
-
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.

6 886
-
6 886
-
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.

392
-
3 053
-
total
14 401
-
65 431
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
118 426
179 000
-
-
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.

977
1 477
-
-
trade
20 309
30 699
-
-
chamber of commerce
319
405
-
-
income
17 763
26 851
-
-
total
39 368
59 432
-
-
Dividends
79 056
119 568
-
-
surtax

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

1 065
1 624
-
-
withholding
19 382
29 510
-
-
total
20 447
31 134
-
-
Income
179 000
179 000
179 000
179 000
Total tax
74 216
90 566
65 431
88 093
After tax
104 784
88 434
113 569
90 907
Living cost
46 173
46 173
46 173
46 173
Free-cash
58 611
42 261
67 396
44 734

Estimated living cost  is ₽46173 per week

₽33723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3693
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.
₽8158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55732
₽66364
₽63700
₽61687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
28 109
other
-
-
-
5 549
health
-
-
-
7 613
social contributions
-
-
-
5 101
pensions
-
-
-
31 780
surtax
-
-
-
-
total
-
-
-
78 152
Employee
43 138
-
138 622
-
pensions
4 877
-
9 602
-
income
2 546
-
26 885
-
social contributions
1 230
-
3 950
-
surtax
-
-
-
-
total
8 653
-
40 437
-
Employer
43 138
-
138 622
-
social contributions
130
-
415
-
unemployment
1 746
-
5 614
-
health
3 020
-
12 784
-
pensions
7 087
-
16 173
-
other
1 488
-
5 393
-
total
13 471
-
40 379
-
Corporate
122 391
179 000
-
-
surtax
-
-
-
-
income
34 270
50 119
-
-
total
34 270
50 119
-
-
Dividends
88 121
128 881
-
-
surtax
-
-
-
-
withholding
11 279
16 497
-
-
social contributions
15 156
22 168
-
-
total
26 435
38 665
-
-
Income
179 000
179 000
179 000
179 000
Total tax
82 829
88 784
80 816
78 152
After tax
96 171
90 216
98 184
100 848
Living cost
34 484
34 484
34 484
34 484
Free-cash
61 687
55 732
63 700
66 364

Estimated living cost  is ₽34484 per week

₽21744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59148
₽69780
₽67116
₽64748
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
28 109
other
-
-
-
5 549
health
-
-
-
7 613
social contributions
-
-
-
5 101
pensions
-
-
-
31 780
surtax
-
-
-
-
total
-
-
-
78 152
Employee
38 506
-
138 622
-
pensions
4 355
-
9 602
-
income
1 985
-
26 885
-
social contributions
1 098
-
3 950
-
surtax
-
-
-
-
total
7 438
-
40 437
-
Employer
38 506
-
138 622
-
social contributions
115
-
415
-
unemployment
1 559
-
5 614
-
health
2 695
-
12 784
-
pensions
6 327
-
16 173
-
other
1 329
-
5 393
-
total
12 025
-
40 379
-
Corporate
128 468
179 000
-
-
surtax
-
-
-
-
income
35 971
50 119
-
-
total
35 971
50 119
-
-
Dividends
92 498
128 881
-
-
surtax
-
-
-
-
withholding
11 840
16 497
-
-
social contributions
15 910
22 168
-
-
total
27 750
38 665
-
-
Income
179 000
179 000
179 000
179 000
Total tax
83 184
88 784
80 816
78 152
After tax
95 816
90 216
98 184
100 848
Living cost
31 068
31 068
31 068
31 068
Free-cash
64 748
59 148
67 116
69 780

Estimated living cost  is ₽31068 per week

₽18018
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87832
₽93579
₽89846
₽88355
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
26 851
health
-
-
-
12 494
social contributions
-
-
-
24 703
total
-
-
-
64 048
Employee
34 175
-
179 000
-
income
5 700
-
30 584
-
health
2 385
-
12 494
-
social contributions
4 717
-
24 703
-
total
12 802
-
67 781
-
Employer
34 175
-
179 000
-
total
-
-
-
-
Corporate
144 825
179 000
-
-
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%.

7 242
8 950
-
-
total
7 242
8 950
-
-
Dividends
137 584
170 050
-
-
withholding
20 638
25 508
-
-
social contributions
18 986
23 467
-
-
health
9 604
11 870
-
-
total
49 228
60 845
-
-
Income
179 000
179 000
179 000
179 000
Total tax
69 272
69 795
67 781
64 048
After tax
109 728
109 205
111 219
114 952
Living cost
21 373
21 373
21 373
21 373
Free-cash
88 355
87 832
89 846
93 579

Estimated living cost  is ₽21373 per week

₽14303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1318
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.
₽5258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63512
₽56361
₽11915
₽61951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
49 237
unemployment
-
-
-
6 182
chamber of commerce
-
-
-
715
health
-
-
-
9 007
pensions
-
-
-
21 784
surtax
-
-
-
199
total
-
-
-
87 124
Employee
50 371
40 167
143 066
-
pensions
5 159
4 112
12 058
-
unemployment
1 511
1 205
3 533
-
other
503
402
1 178
-
income
5 734
2 963
39 500
-
health
1 949
1 555
4 556
-
total
14 856
10 237
60 825
-
Employer
50 371
40 167
143 066
-
accident
654
522
1 530
-
surtax
199
199
199
-
unemployment
1 511
1 205
3 533
-
payroll
1 511
1 205
4 292
-
health
1 903
1 519
4 451
-
pensions
6 322
5 042
14 778
-
chamber of commerce
201
161
572
-
other
2 393
1 907
6 580
-
total
14 694
11 760
35 935
-
Corporate
113 935
127 073
139 240
-
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.

28 484
31 768
34 810
-
total
28 484
31 768
34 810
-
Dividends
85 451
95 305
-
-
withholding
23 500
26 208
-
-
total
23 500
26 208
-
-
Income
179 000
179 000
179 000
179 000
Total tax
81 534
79 973
131 570
87 124
After tax
97 466
99 027
47 430
91 876
Living cost
35 515
35 515
35 515
35 515
Free-cash
61 951
63 512
11 915
56 361

Estimated living cost  is ₽35515 per week

₽23687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3030
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63357
₽40862
₽26187
₽48239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
communal

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

-
-
-
9 233
social contributions
-
-
-
25 129
national
-
-
-
67 026
total
-
-
-
101 388
Employee

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

72 097
-
138 643
-
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.

5 407
-
10 398
-
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.

627
-
1 207
-
national
22 166
-
50 351
-
communal

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

3 760
-
7 232
-
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.

3 387
-
6 517
-
total
35 347
-
75 705
-
Employer

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

72 097
-
138 643
-
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.

937
-
1 802
-
surtax
8 175
-
15 723
-
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.

1 052
-
2 024
-
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.

4 434
-
8 525
-
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.

6 389
-
12 284
-
total
20 987
-
40 358
-
Corporate
85 916
179 000
-
-
surtax
344
715
-
-
income
17 184
35 800
-
-
total
17 528
36 515
-
-
Dividends
68 388
142 484
-
-
withholding

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

20 149
42 378
-
-
total
20 149
42 378
-
-
Income
179 000
179 000
179 000
179 000
Total tax
94 011
78 893
116 063
101 388
After tax
84 989
100 107
62 937
77 612
Living cost
36 750
36 750
36 750
36 750
Free-cash
48 239
63 357
26 187
40 862

Estimated living cost  is ₽36750 per week

₽23672
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3213
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.
₽9290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82896
₽64037
₽59807
₽75992
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
50 535
unemployment
-
-
-
654
other
-
-
-
94
pensions
-
-
-
26 438
accident
-
-
-
842
total
-
-
-
78 563
Employee
50 172
-
149 217
-
pensions
2 358
-
4 392
-
unemployment
778
-
1 448
-
other
50
-
94
-
income
10 586
-
47 075
-
total
13 772
-
53 009
-
Employer
50 172
-
149 217
-
accident
993
-
1 850
-
unemployment
2 760
-
5 138
-
pensions
11 840
-
22 048
-
other
400
-
748
-
total
15 993
-
29 784
-
Corporate
112 836
179 000
-
-
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.

16 926
26 851
-
-
total
16 926
26 851
-
-
Dividends
95 910
152 149
-
-
withholding
19 917
32 853
-
-
total
19 917
32 853
-
-
Income
179 000
179 000
179 000
179 000
Total tax
66 608
59 704
82 793
78 563
After tax
112 392
119 296
96 207
100 437
Living cost
36 400
36 400
36 400
36 400
Free-cash
75 992
82 896
59 807
64 037

Estimated living cost  is ₽36400 per week

₽26805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6488
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49838
₽33561
₽40697
₽36918
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
29 562
communal
-
-
-
11 312
health
-
-
-
12 576
pensions
-
-
-
26 830
accident
-
-
-
1 509
surtax
-
-
-
8 875
total
-
-
-
90 664
Employee
76 329
-
159 892
-
pensions
6 105
-
12 792
-
income
7 373
-
34 715
-
health
3 397
-
7 115
-
surtax
4 679
-
9 799
-
total
21 554
-
64 421
-
Employer
76 329
-
159 892
-
accident
687
-
1 438
-
health
2 328
-
4 877
-
pensions
6 105
-
12 792
-
total
9 120
-
19 107
-
Corporate
93 551
179 000
-
-
surtax
983
1 880
-
-
communal
6 314
12 083
-
-
income
14 032
26 851
-
-
total
21 329
40 814
-
-
Dividends
72 222
138 186
-
-
income
24 470
12 845
-
-
withholding
10 834
20 728
-
-
total
35 304
33 573
-
-
Income
179 000
179 000
179 000
179 000
Total tax
87 307
74 387
83 528
90 664
After tax
91 693
104 613
95 472
88 336
Living cost
54 775
54 775
54 775
54 775
Free-cash
36 918
49 838
40 697
33 561

Estimated living cost  is ₽54775 per week

₽41089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3319
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.
₽9786
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89952
₽62048
₽55884
₽86746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
49 888
unemployment
-
-
-
230
other
-
-
-
-
health
-
-
-
9 550
pensions
-
-
-
26 904
surtax
-
-
-
7 741
total
-
-
-
94 313
Employee
33 943
-
150 684
-
pensions
2 265
-
8 973
-
unemployment
2 362
-
9 363
-
other
-
-
-
-
income
5 690
-
43 859
-
health
866
-
3 430
-
surtax
121
-
6 536
-
total
11 304
-
72 161
-
Employer
33 943
-
150 684
-
unemployment
1 077
-
4 263
-
health
1 544
-
6 121
-
pensions
4 526
-
17 932
-
other
-
-
-
-
total
7 147
-
28 316
-
Corporate
137 911
179 000
-
-
income
35 856
46 540
-
-
total
35 856
46 540
-
-
Dividends
102 055
132 460
-
-
withholding
15 308
19 869
-
-
total
15 308
19 869
-
-
Income
179 000
179 000
179 000
179 000
Total tax
69 615
66 409
100 477
94 313
After tax
109 385
112 591
78 523
84 687
Living cost
22 639
22 639
22 639
22 639
Free-cash
86 746
89 952
55 884
62 048

Estimated living cost  is ₽22639 per week

₽13668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66935
₽57727
₽49685
₽64696
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
municipal
-
-
-
1 063
regional
-
-
-
2 700
social contributions
-
-
-
46 039
national
-
-
-
44 320
total
-
-
-
94 122
Employee
55 911
-
179 000
-
municipal
296
-
949
-
national
8 858
-
38 448
-
social contributions
18 854
-
60 358
-
regional
753
-
2 409
-
total
28 761
-
102 164
-
Employer
55 911
-
179 000
-
total
-
-
-
-
Corporate
123 089
179 000
-
-
municipal
6 117
8 896
-
-
nationa
29 542
42 960
-
-
total
35 659
51 856
-
-
Dividends
87 430
127 144
-
-
withholding
22 733
33 058
-
-
total
22 733
33 058
-
-
Income
179 000
179 000
179 000
179 000
Total tax
87 153
84 914
102 164
94 122
After tax
91 847
94 086
76 836
84 878
Living cost
27 151
27 151
27 151
27 151
Free-cash
64 696
66 935
49 685
57 727

Estimated living cost  is ₽27151 per week

₽16886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2750
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.
₽7050
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93604
₽72436
₽64571
₽83031
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
18 034
health
-
-
-
24 165
solidarity contribution
-
-
-
120
social contributions
-
-
-
34 608
total
-
-
-
76 927
Employee
43 583
-
137 037
-
solidarity contribution
-
-
-
-
income
5 230
-
16 625
-
health
5 884
-
18 500
-
social contributions
2 833
-
7 704
-
total
13 947
-
42 829
-
Employer
43 583
-
137 037
-
social contributions
10 896
-
29 630
-
health
3 922
-
12 333
-
total
14 818
-
41 963
-
Corporate
120 599
179 000
-
-
income
22 914
34 010
-
-
total
22 914
34 010
-
-
Dividends
97 685
144 990
-
-
withholding
14 653
21 749
-
-
total
14 653
21 749
-
-
Income
179 000
179 000
179 000
179 000
Total tax
66 332
55 759
84 792
76 927
After tax
112 668
123 241
94 208
102 073
Living cost
29 637
29 637
29 637
29 637
Free-cash
83 031
93 604
64 571
72 436

Estimated living cost  is ₽29637 per week

₽22040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1642
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.
₽5442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66978
₽59919
₽15324
₽66480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
49 237
unemployment
-
-
-
6 182
chamber of commerce
-
-
-
715
health
-
-
-
9 007
pensions
-
-
-
21 784
surtax
-
-
-
-
total
-
-
-
86 925
Employee
44 059
40 167
143 249
-
pensions
4 512
4 112
12 058
-
unemployment
1 322
1 205
3 533
-
other
440
402
1 178
-
income
3 925
2 963
39 588
-
health
1 704
1 555
4 556
-
total
11 903
10 237
60 913
-
Employer
44 059
40 167
143 249
-
accident
572
522
1 530
-
surtax
-
-
-
-
unemployment
1 322
1 205
3 533
-
payroll
1 322
1 205
4 298
-
health
1 666
1 519
4 451
-
pensions
5 530
5 042
14 778
-
chamber of commerce
176
161
574
-
other
2 093
1 907
6 587
-
total
12 681
11 561
35 751
-
Corporate
122 261
127 272
139 424
-
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.

30 565
31 818
34 856
-
total
30 565
31 818
34 856
-
Dividends
91 696
95 454
-
-
withholding
25 215
26 250
-
-
total
25 215
26 250
-
-
Income
179 000
179 000
179 000
179 000
Total tax
80 364
79 866
131 520
86 925
After tax
98 636
99 134
47 480
92 075
Living cost
32 156
32 156
32 156
32 156
Free-cash
66 480
66 978
15 324
59 919

Estimated living cost  is ₽32156 per week

₽19290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3284
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9009
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155798
₽162958
₽128948
₽153126
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
179 000
microenterprise

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

-
-
-
1 790
total
-
-
-
1 790
Employee
17 815
-
179 000
-
income
3 563
-
35 800
-
total
3 563
-
35 800
-
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%.

161 185
179 000
-
-
total
-
-
-
-
Dividends
161 185
179 000
-
-
withholding
8 059
8 950
-
-
total
8 059
8 950
-
-
Income
179 000
179 000
179 000
179 000
Total tax
11 622
8 950
35 800
1 790
After tax
167 378
170 050
143 200
177 210
Living cost
14 252
14 252
14 252
14 252
Free-cash
153 126
155 798
128 948
162 958

Estimated living cost  is ₽14252 per week

₽9644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96207
₽60318
₽55574
₽87776
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
179 000
income
-
-
-
41 077
unemployment
-
-
-
268
health
-
-
-
17 612
pensions
-
-
-
32 690
total
-
-
-
91 647
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.

44 571
-
154 884
-
pensions
6 909
-
24 007
-
unemployment
63
-
216
-
income
7 686
-
38 047
-
health
2 879
-
10 005
-
total
17 537
-
72 275
-
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.

44 571
-
154 884
-
unemployment
27
-
94
-
health
2 969
-
10 315
-
pensions
3 944
-
13 707
-
total
6 940
-
24 116
-
Corporate
127 490
179 000
-
-
income
24 223
34 010
-
-
total
24 223
34 010
-
-
Dividends
103 267
144 990
-
-
withholding
15 489
21 748
-
-
total
15 489
21 748
-
-
Income
179 000
179 000
179 000
179 000
Total tax
64 189
55 758
96 391
91 647
After tax
114 811
123 242
82 609
87 353
Living cost
27 035
27 035
27 035
27 035
Free-cash
87 776
96 207
55 574
60 318

Estimated living cost  is ₽27035 per week

₽18553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64945
₽79744
₽121638
₽16485
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
34 891
social contributions
-
-
-
20 406
total
-
-
-
55 297
Employee
63 031
-
-
-
income
13 903
-
-
-
social contributions
5 169
-
737
-
total
19 072
-
737
-
Employer
63 031
-
-
-
social contributions
88 874
-
12 666
-
total
88 874
-
12 666
-
Corporate
27 094
179 000
-
-
income
5 961
39 380
-
-
total
5 961
39 380
-
-
Dividends
21 134
139 620
-
-
income
4 649
30 716
-
-
total
4 649
30 716
-
-
Income
179 000
179 000
179 000
179 000
Total tax
118 556
70 096
13 403
55 297
After tax
60 444
108 904
165 597
123 703
Living cost
43 959
43 959
43 959
43 959
Free-cash
16 485
64 945
121 638
79 744

Estimated living cost  is ₽43959 per week

₽28523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4134
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70199
₽64155
₽50584
₽69185
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
179 000
income
-
-
-
21 028
social contributions

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

-
-
-
62 202
surtax
-
-
-
-
total
-
-
-
83 230
Employee
46 357
-
144 646
-
income
9 642
-
46 536
-
social contributions
5 099
-
15 912
-
surtax
-
-
-
-
total
14 741
-
62 448
-
Employer
46 357
-
144 646
-
social contributions
11 010
-
34 353
-
total
11 010
-
34 353
-
Corporate
121 634
179 000
-
-
surtax
-
-
-
-
income
25 543
37 591
-
-
total
25 543
37 591
-
-
Dividends
96 091
141 409
-
-
withholding
26 906
39 595
-
-
total
26 906
39 595
-
-
Income
179 000
179 000
179 000
179 000
Total tax
78 200
77 186
96 801
83 230
After tax
100 800
101 814
82 199
95 770
Living cost
31 615
31 615
31 615
31 615
Free-cash
69 185
70 199
50 584
64 155

Estimated living cost  is ₽31615 per week

₽23655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1865
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41535
₽52167
₽49503
₽48462
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
28 109
other
-
-
-
5 549
health
-
-
-
7 613
social contributions
-
-
-
5 101
pensions
-
-
-
31 780
surtax
-
-
-
-
total
-
-
-
78 152
Employee
63 128
-
138 622
-
pensions
7 140
-
9 602
-
income
5 508
-
26 885
-
social contributions
1 798
-
3 950
-
surtax
-
-
-
-
total
14 446
-
40 437
-
Employer
63 128
-
138 622
-
social contributions
189
-
415
-
unemployment
2 557
-
5 614
-
health
4 418
-
12 784
-
pensions
10 373
-
16 173
-
other
2 179
-
5 393
-
total
19 716
-
40 379
-
Corporate
96 155
179 000
-
-
surtax
-
-
-
-
income
26 924
50 119
-
-
total
26 924
50 119
-
-
Dividends
69 232
128 881
-
-
surtax
-
-
-
-
withholding
8 862
16 497
-
-
social contributions
11 909
22 168
-
-
total
20 771
38 665
-
-
Income
179 000
179 000
179 000
179 000
Total tax
81 857
88 784
80 816
78 152
After tax
97 143
90 216
98 184
100 848
Living cost
48 681
48 681
48 681
48 681
Free-cash
48 462
41 535
49 503
52 167

Estimated living cost  is ₽48681 per week

₽32947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3982
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.
₽11084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130803
₽101481
₽106236
₽127415
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
7 842
social contributions
-
-
-
39 379
total
-
-
-
47 221
Employee
32 404
-
154 978
-
income
-
-
8 370
-
social contributions
2 106
-
10 074
-
total
2 106
-
18 444
-
Employer
32 404
-
154 978
-
social contributions
5 023
-
24 022
-
total
5 023
-
24 022
-
Corporate
141 574
179 000
-
-
income
14 158
17 899
-
-
total
14 158
17 899
-
-
Dividends
127 416
161 101
-
-
total
-
-
-
-
Income
179 000
179 000
179 000
179 000
Total tax
21 287
17 899
42 466
47 221
After tax
157 713
161 101
136 534
131 779
Living cost
30 298
30 298
30 298
30 298
Free-cash
127 415
130 803
106 236
101 481

Estimated living cost  is ₽30298 per week

₽19590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2284
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40624
₽56941
-₽40624
-₽40624
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
municipal
-
-
-
37 329
labour market
-
-
-
14 250
pensions
-
-
-
874
national
-
-
-
21 060
total
-
-
-
73 513
Employee
204 902
204 902
204 902
-
municipal
43 633
43 633
43 633
-
pensions
291
291
291
-
labour market
16 369
16 369
16 369
-
national
25 032
25 032
25 032
-
total
85 325
85 325
85 325
-
Employer
204 902
204 902
204 902
-
labour market
16 392
16 392
16 392
-
national
25 076
25 076
25 076
-
pensions
583
583
583
-
municipal
43 702
43 702
43 702
-
total
85 753
85 753
85 753
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
179 000
179 000
179 000
179 000
Total tax
171 078
171 078
171 078
73 513
After tax
7 922
7 922
7 922
105 487
Living cost
48 546
48 546
48 546
48 546
Free-cash
-40 624
-40 624
-40 624
56 941

Estimated living cost  is ₽48546 per week

₽33226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽747
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7467
₽100397
₽75281
₽11129
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
49 579
other
-
-
-
376
health
-
-
-
2 210
pensions
-
-
-
4 216
accident
-
-
-
256
total
-
-
-
56 637
Employee
34 553
-
161 194
-
pensions
3 891
-
7 731
-
income
4 740
-
37 759
-
health
3 957
-
18 457
-
total
12 588
-
63 947
-
Employer
34 553
-
161 194
-
accident
577
-
2 692
-
unemployment
847
-
3 949
-
pensions
5 618
-
11 165
-
total
7 042
-
17 806
-
Corporate
137 405
179 000
-
-
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.

123 664
161 100
-
-
total
123 664
161 100
-
-
Dividends
13 741
17 900
-
-
withholding
2 611
3 401
-
-
total
2 611
3 401
-
-
Income
179 000
179 000
179 000
179 000
Total tax
145 905
164 501
81 753
56 637
After tax
33 095
14 499
97 247
122 363
Living cost
21 966
21 966
21 966
21 966
Free-cash
11 129
-7 467
75 281
100 397

Estimated living cost  is ₽21966 per week

₽15988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73378
₽76546
₽55114
₽75944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
179 000
health
-
-
-
2 335
municipal
-
-
-
31 799
national
-
-
-
29 623
total
-
-
-
63 757
Employee
53 029
-
150 585
-
municipal
8 686
-
24 527
-
pensions
3 579
-
10 164
-
unemployment
796
-
2 259
-
national
876
-
17 927
-
health
396
-
1 897
-
total
14 333
-
56 774
-
Employer
53 029
-
150 585
-
accident
54
-
151
-
unemployment
344
-
979
-
health
407
-
1 159
-
pensions
9 200
-
26 126
-
total
10 005
-
28 415
-
Corporate
115 966
179 000
-
-
income
23 194
35 800
-
-
total
23 194
35 800
-
-
Dividends

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

69 579
107 400
-
-
municipal
12 525
19 332
-
-
national
4 302
11 793
-
-
total
16 827
31 125
-
-
Income
179 000
179 000
179 000
179 000
Total tax
64 359
66 925
85 189
63 757
After tax
114 641
112 075
93 811
115 243
Living cost
38 697
38 697
38 697
38 697
Free-cash
75 944
73 378
55 114
76 546

Estimated living cost  is ₽38697 per week

₽25277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107241
₽98938
₽97368
₽101756
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
35 854
health
-
-
-
4 564
social contributions
-
-
-
16 308
total
-
-
-
56 726
Employee
77 505
77 505
167 231
-
income
8 439
7 175
35 009
-
health
601
1 318
2 842
-
social contributions
2 930
6 432
8 676
-
total
11 970
14 925
46 527
-
Employer
77 505
77 505
167 231
-
social contributions
2 930
6 432
8 676
-
health
652
1 435
3 093
-
total
3 582
7 867
11 769
-
Corporate
140 111
93 628
-
-
income
17 515
11 704
-
-
total
17 515
11 704
-
-
Dividends
122 597
81 924
-
-
withholding
20 841
13 927
-
-
total
20 841
13 927
-
-
Income
179 000
179 000
179 000
179 000
Total tax
53 908
48 423
58 296
56 726
After tax
125 092
130 577
120 704
122 274
Living cost
23 336
23 336
23 336
23 336
Free-cash
101 756
107 241
97 368
98 938

Estimated living cost  is ₽23336 per week

₽13986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2290
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132227
₽134684
₽114470
₽127098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
179 000
income
-
-
-
18 225
unemployment
-
-
-
29
health
-
-
-
3 648
pensions
-
-
-
6 411
total
-
-
-
28 313
Employee

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

23 135
-
169 149
-
pensions
3 470
-
14 345
-
unemployment
115
-
478
-
income
1 582
-
15 725
-
health
1 966
-
8 129
-
total
7 133
-
38 677
-
Employer

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

23 135
-
169 149
-
unemployment
115
-
478
-
health
995
-
4 112
-
pensions
1 272
-
5 260
-
total
2 382
-
9 850
-
Corporate
153 483
179 000
-
-
income
13 814
16 111
-
-
total
13 814
16 111
-
-
Dividends
139 670
162 889
-
-
withholding
12 570
14 659
-
-
total
12 570
14 659
-
-
Income
179 000
179 000
179 000
179 000
Total tax
35 899
30 770
48 527
28 313
After tax
143 101
148 230
130 473
150 687
Living cost
16 003
16 003
16 003
16 003
Free-cash
127 098
132 227
114 470
134 684

Estimated living cost  is ₽16003 per week

₽10210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91579
₽72720
₽68490
₽87131
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
50 535
unemployment
-
-
-
654
other
-
-
-
94
pensions
-
-
-
26 438
accident
-
-
-
842
total
-
-
-
78 563
Employee
37 269
-
149 217
-
pensions
1 752
-
4 392
-
unemployment
578
-
1 448
-
other
36
-
94
-
income
7 185
-
47 075
-
total
9 551
-
53 009
-
Employer
37 269
-
149 217
-
accident
738
-
1 850
-
unemployment
2 050
-
5 138
-
pensions
8 795
-
22 048
-
other
298
-
748
-
total
11 881
-
29 784
-
Corporate
129 849
179 000
-
-
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.

19 477
26 851
-
-
total
19 477
26 851
-
-
Dividends
110 372
152 149
-
-
withholding
23 243
32 853
-
-
total
23 243
32 853
-
-
Income
179 000
179 000
179 000
179 000
Total tax
64 152
59 704
82 793
78 563
After tax
114 848
119 296
96 207
100 437
Living cost
27 717
27 717
27 717
27 717
Free-cash
87 131
91 579
68 490
72 720

Estimated living cost  is ₽27717 per week

₽18708
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2664
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.
₽5859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108922
₽111947
₽111750
₽108466
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
60 789
health
-
-
-
1 467
pensions
-
-
-
2 023
total
-
-
-
64 279
Employee
4 224
-
176 724
-
pensions
380
-
910
-
unemployment
42
-
101
-
income
817
-
60 683
-
health
211
-
506
-
total
1 450
-
62 200
-
Employer
4 224
-
176 724
-
unemployment
85
-
202
-
health
401
-
961
-
pensions
465
-
1 113
-
total
951
-
2 276
-
Corporate
173 825
179 000
-
-
income
38 242
39 380
-
-
total
38 242
39 380
-
-
Dividends
135 583
139 620
-
-
withholding
27 117
27 924
-
-
total
27 117
27 924
-
-
Income
179 000
179 000
179 000
179 000
Total tax
67 760
67 304
64 476
64 279
After tax
111 240
111 696
114 524
114 721
Living cost
2 774
2 774
2 774
2 774
Free-cash
108 466
108 922
111 750
111 947

Estimated living cost  is ₽2774 per week

₽1648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111888
₽92852
₽92851
₽106927
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
179 000
income
-
-
-
40 538
unemployment
-
-
-
1 118
health
-
-
-
7 676
pensions
-
-
-
19 377
total
-
-
-
68 709
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.

26 298
-
165 660
-
pensions
3 682
-
10 434
-
unemployment
197
-
559
-
income
3 625
-
40 538
-
health
1 354
-
3 838
-
total
8 858
-
55 369
-
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.

26 298
-
165 660
-
unemployment
197
-
559
-
health
1 354
-
3 838
-
pensions
3 156
-
8 943
-
total
4 707
-
13 340
-
Corporate
147 995
179 000
-
-
income
22 199
26 850
-
-
total
22 199
26 850
-
-
Dividends
125 796
152 150
-
-
withholding
18 869
22 822
-
-
total
18 869
22 822
-
-
Income
179 000
179 000
179 000
179 000
Total tax
54 633
49 672
68 709
68 709
After tax
124 367
129 328
110 291
110 291
Living cost
17 440
17 440
17 440
17 440
Free-cash
106 927
111 888
92 851
92 852

Estimated living cost  is ₽17440 per week

₽11742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1349
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.
₽3844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74641
₽68597
₽55026
₽74278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
179 000
income
-
-
-
21 028
social contributions

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

-
-
-
62 202
surtax
-
-
-
-
total
-
-
-
83 230
Employee
39 120
-
144 646
-
income
7 644
-
46 536
-
social contributions
4 304
-
15 912
-
surtax
-
-
-
-
total
11 948
-
62 448
-
Employer
39 120
-
144 646
-
social contributions
9 290
-
34 353
-
total
9 290
-
34 353
-
Corporate
130 590
179 000
-
-
surtax
-
-
-
-
income
27 425
37 591
-
-
total
27 425
37 591
-
-
Dividends
103 165
141 409
-
-
withholding
28 886
39 595
-
-
total
28 886
39 595
-
-
Income
179 000
179 000
179 000
179 000
Total tax
77 549
77 186
96 801
83 230
After tax
101 451
101 814
82 199
95 770
Living cost
27 173
27 173
27 173
27 173
Free-cash
74 278
74 641
55 026
68 597

Estimated living cost  is ₽27173 per week

₽19246
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83873
₽65014
₽60784
₽77278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
50 535
unemployment
-
-
-
654
other
-
-
-
94
pensions
-
-
-
26 438
accident
-
-
-
842
total
-
-
-
78 563
Employee
48 678
-
149 217
-
pensions
2 288
-
4 392
-
unemployment
754
-
1 448
-
other
48
-
94
-
income
10 167
-
47 075
-
total
13 257
-
53 009
-
Employer
48 678
-
149 217
-
accident
964
-
1 850
-
unemployment
2 678
-
5 138
-
pensions
11 488
-
22 048
-
other
390
-
748
-
total
15 520
-
29 784
-
Corporate
114 802
179 000
-
-
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.

17 220
26 851
-
-
total
17 220
26 851
-
-
Dividends
97 582
152 149
-
-
withholding
20 302
32 853
-
-
total
20 302
32 853
-
-
Income
179 000
179 000
179 000
179 000
Total tax
66 299
59 704
82 793
78 563
After tax
112 701
119 296
96 207
100 437
Living cost
35 423
35 423
35 423
35 423
Free-cash
77 278
83 873
60 784
65 014

Estimated living cost  is ₽35423 per week

₽25439
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.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135707
₽125412
₽132449
₽129565
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
26 850
unemployment
-
-
-
141
health
-
-
-
4 049
pensions

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

-
-
-
5 210
total
-
-
-
36 250
Employee
22 958
-
172 093
-
pensions

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

2 016
-
3 091
-
income
2 296
-
17 210
-
health
1 056
-
1 619
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
total
5 620
-
22 307
-
Employer
22 958
-
172 093
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
health
1 584
-
2 429
-
pensions

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

2 530
-
3 879
-
total
4 504
-
6 906
-
Corporate
151 537
179 000
-
-
income
15 154
17 900
-
-
total
15 154
17 900
-
-
Dividends
136 383
161 100
-
-
withholding
6 819
8 055
-
-
total
6 819
8 055
-
-
Income
179 000
179 000
179 000
179 000
Total tax
32 097
25 955
29 213
36 250
After tax
146 903
153 045
149 787
142 750
Living cost
17 338
17 338
17 338
17 338
Free-cash
129 565
135 707
132 449
125 412

Estimated living cost  is ₽17338 per week

₽11467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽993
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.
₽4465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53205
₽55693
₽74656
₽66392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
179 000
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.

-
-
-
55 492
trade
-
-
-
18 963
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.

-
-
-
6 886
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.

-
-
-
3 053
total
-
-
-
84 394
Employee

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

50 150
-
179 000
-
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.

4 124
-
55 492
-
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.

6 886
-
6 886
-
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
-
3 053
-
total
11 238
-
65 431
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
128 850
179 000
-
-
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.

1 063
1 477
-
-
trade
18 490
25 686
-
-
chamber of commerce
342
415
-
-
income
19 328
26 851
-
-
total
39 223
54 429
-
-
Dividends
89 625
124 572
-
-
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.

1 211
1 693
-
-
withholding
22 023
30 760
-
-
total
23 234
32 453
-
-
Income
179 000
179 000
179 000
179 000
Total tax
73 695
86 882
65 431
84 394
After tax
105 305
92 118
113 569
94 606
Living cost
38 913
38 913
38 913
38 913
Free-cash
66 392
53 205
74 656
55 693

Estimated living cost  is ₽38913 per week

₽26843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67884
₽36745
₽36745
₽70110
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
54 941
social contributions
-
-
-
29 898
total
-
-
-
84 839
Employee
78 842
-
179 000
-
income
14 877
-
54 941
-
social contributions
6 550
-
29 898
-
total
21 427
-
84 839
-
Employer
78 842
-
179 000
-
total
-
-
-
-
Corporate
100 158
179 000
-
-
income
12 519
22 375
-
-
total
12 519
22 375
-
-
Dividends
87 639
156 625
-
-
withholding
17 528
31 325
-
-
total
17 528
31 325
-
-
Income
179 000
179 000
179 000
179 000
Total tax
51 474
53 700
84 839
84 839
After tax
127 526
125 300
94 161
94 161
Living cost
57 416
57 416
57 416
57 416
Free-cash
70 110
67 884
36 745
36 745

Estimated living cost  is ₽57416 per week

₽43681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4679
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8508
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74438
₽106969
₽90595
₽77958
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
179 000
income
-
-
-
28 691
health

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

-
-
-
6 752
total
-
-
-
35 443
Employee
46 238
-
174 364
-
income
5 017
-
42 545
-
social contributions
4 633
-
4 636
-
total
9 650
-
47 181
-
Employer
46 238
-
174 364
-
social contributions
4 633
-
4 636
-
total
4 633
-
4 636
-
Corporate
128 130
179 000
-
-
income
44 846
62 649
-
-
total
44 846
62 649
-
-
Dividends
83 284
116 351
-
-
social contributions
5 325
5 325
-
-
total
5 325
5 325
-
-
Income
179 000
179 000
179 000
179 000
Total tax
64 454
67 974
51 817
35 443
After tax
114 546
111 026
127 183
143 557
Living cost
36 588
36 588
36 588
36 588
Free-cash
77 958
74 438
90 595
106 969

Estimated living cost  is ₽36588 per week

₽24100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Sliema model

Close
Edinburgh , United Kingdom
₽79408
₽80931
₽64729
₽85428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
51 140
pensions
-
-
-
9 147
total
-
-
-
60 287
Employee
51 861
-
156 368
-
pensions
3 958
-
11 253
-
income
9 444
-
40 338
-
health
677
-
2 267
-
total
14 079
-
53 858
-
Employer
51 861
-
156 368
-
health
986
-
2 970
-
pensions
5 240
-
19 661
-
total
6 226
-
22 631
-
Corporate
120 914
179 000
-
-
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.

22 975
34 009
-
-
total
22 975
34 009
-
-
Dividends
97 939
144 991
-
-
withholding
12 510
27 801
-
-
total
12 510
27 801
-
-
Income
179 000
179 000
179 000
179 000
Total tax
55 790
61 810
76 489
60 287
After tax
123 210
117 190
102 511
118 713
Living cost
37 782
37 782
37 782
37 782
Free-cash
85 428
79 408
64 729
80 931

Estimated living cost  is ₽37782 per week

₽25918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3474
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7914
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9641
₽98223
₽73107
₽10797
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
income
-
-
-
49 579
other
-
-
-
376
health
-
-
-
2 210
pensions
-
-
-
4 216
accident
-
-
-
256
total
-
-
-
56 637
Employee
37 974
-
161 194
-
pensions
4 276
-
7 731
-
income
5 210
-
37 759
-
health
4 348
-
18 457
-
total
13 834
-
63 947
-
Employer
37 974
-
161 194
-
accident
634
-
2 692
-
unemployment
930
-
3 949
-
pensions
6 174
-
11 165
-
total
7 738
-
17 806
-
Corporate
133 288
179 000
-
-
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.

119 959
161 100
-
-
total
119 959
161 100
-
-
Dividends
13 329
17 900
-
-
withholding
2 532
3 401
-
-
total
2 532
3 401
-
-
Income
179 000
179 000
179 000
179 000
Total tax
144 063
164 501
81 753
56 637
After tax
34 937
14 499
97 247
122 363
Living cost
24 140
24 140
24 140
24 140
Free-cash
10 797
-9 641
73 107
98 223

Estimated living cost  is ₽24140 per week

₽17716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137031
₽91594
₽113731
₽132321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
179 000
income
-
-
-
29 538
unemployment
-
-
-
1 932
work injury
-
-
-
805
health insurance
-
-
-
11 913
pensions
-
-
-
29 621
total
-
-
-
73 809
Employee

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

21 755
-
179 000
-
pensions
4 003
-
14 810
-
unemployment
261
-
966
-
work injury
109
-
402
-
health insurance
1 610
-
5 956
-
income
2 176
-
29 538
-
total
8 159
-
51 672
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
157 245
179 000
-
-
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%.

1 572
1 790
-
-
total
1 572
1 790
-
-
Dividends
155 672
177 210
-
-
withholding
23 351
26 582
-
-
total
23 351
26 582
-
-
Income
179 000
179 000
179 000
179 000
Total tax
33 082
28 372
51 672
73 809
After tax
145 918
150 628
127 328
105 191
Living cost
13 597
13 597
13 597
13 597
Free-cash
132 321
137 031
113 731
91 594

Estimated living cost  is ₽13597 per week

₽8424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽988
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54133
₽43189
₽35335
₽49547
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 000
municipal
-
-
-
1 197
regional
-
-
-
4 102
social contributions
-
-
-
46 039
national
-
-
-
44 320
total
-
-
-
95 658
Employee
84 934
-
179 000
-
municipal
507
-
1 067
-
national
14 353
-
38 448
-
social contributions
28 639
-
60 358
-
regional
1 282
-
3 639
-
total
44 781
-
103 512
-
Employer
84 934
-
179 000
-
total
-
-
-
-
Corporate
94 066
179 000
-
-
municipal
4 533
8 628
-
-
nationa
22 576
42 960
-
-
total
27 109
51 588
-
-
Dividends
66 957
127 412
-
-
withholding
17 410
33 126
-
-
total
17 410
33 126
-
-
Income
179 000
179 000
179 000
179 000
Total tax
89 300
84 714
103 512
95 658
After tax
89 700
94 286
75 488
83 342
Living cost
40 153
40 153
40 153
40 153
Free-cash
49 547
54 133
35 335
43 189

Estimated living cost  is ₽40153 per week

₽28205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2762
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8579
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close