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
₽ 179500
per

Your estimated
City
free-cash

Dresden , Germany
₽72169
₽84204
₽62921
₽61610
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
179 500
surtax

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

-
-
-
3 122
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.

-
-
-
6 519
income

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

-
-
-
56 751
trade
-
-
-
21 283
total
-
-
-
87 675
Employee

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

36 498
-
179 500
-
income

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

1 020
-
56 751
-
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.

56
-
3 122
-
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.

6 519
-
6 519
-
total
7 595
-
66 392
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
143 002
179 500
-
-
surtax

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

1 179
1 481
-
-
chamber of commerce
349
402
-
-
income
21 450
26 924
-
-
trade
22 522
28 271
-
-
total
45 500
57 078
-
-
Dividends
97 501
122 421
-
-
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.

1 320
1 664
-
-
withholding
24 012
30 244
-
-
total
25 332
31 908
-
-
Income
179 500
179 500
179 500
179 500
Total tax
78 427
88 986
66 392
87 675
After tax
101 073
90 514
113 108
91 825
Living cost
28 904
28 904
28 904
28 904
Free-cash
72 169
61 610
84 204
62 921

Estimated living cost  is ₽28904 per week

₽18181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58415
₽54448
₽53245
₽59292
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
national
-
-
-
30 431
pensions
-
-
-
21 540
municipal
-
-
-
19 638
social contributions
-
-
-
1 930
total
-
-
-
73 539
Employee
81 719
-
155 176
-
pensions
3 269
-
6 207
-
national
15 641
-
31 714
-
municipal
10 094
-
20 333
-
total
29 004
-
58 254
-
Employer
81 719
-
155 176
-
social contributions
878
-
1 668
-
pensions
6 538
-
12 414
-
total
7 416
-
14 082
-
Corporate
84 972
179 500
-
-
income

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

16 994
35 900
-
-
total
16 994
35 900
-
-
Dividends
67 977
143 600
-
-
withholding
14 955
31 592
-
-
total
14 955
31 592
-
-
Income
179 500
179 500
179 500
179 500
Total tax
68 369
67 492
72 336
73 539
After tax
111 131
112 008
107 164
105 961
Living cost
52 716
52 716
52 716
52 716
Free-cash
58 415
59 292
54 448
53 245

Estimated living cost  is ₽52716 per week

₽35830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽789
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115918
₽56337
₽43069
₽123746
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
179 500
surtax
-
-
-
45 772
income
-
-
-
34 244
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.

-
-
-
36 562
total
-
-
-
116 578
Employee
27 884
-
137 029
-
income
4 964
-
28 460
-
surtax
-
-
19 869
-
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.

3 068
-
12 510
-
total
8 032
-
60 839
-
Employer
27 884
-
137 029
-
social contributions

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

6 717
-
27 397
-
surtax
-
-
15 074
-
total
6 717
-
42 471
-
Corporate
144 900
179 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

28 980
35 901
-
-
total
28 980
35 901
-
-
Dividends

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

115 920
143 599
-
-
total
-
-
-
-
Income
179 500
179 500
179 500
179 500
Total tax
43 729
35 901
103 310
116 578
After tax
135 771
143 599
76 190
62 922
Living cost
19 853
19 853
19 853
19 853
Free-cash
115 918
123 746
56 337
43 069

Estimated living cost  is ₽19853 per week

₽12665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43218
₽73411
₽58330
₽49064
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
pensions
-
-
-
11 180
health
-
-
-
11 767
income
-
-
-
58 248
total
-
-
-
81 195
Employee
81 490
81 490
161 766
-
income

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

13 339
13 339
25 433
-
pensions
14 668
11 180
11 180
-
health
12 508
10 639
11 767
-
total
40 515
35 158
48 380
-
Employer
81 490
81 490
161 766
-
unemployment
2 934
2 934
3 645
-
health
5 664
5 664
7 039
-
pensions
5 672
5 672
7 050
-
total
14 270
14 270
17 734
-
Corporate
84 740
83 741
-
-
income
16 948
16 749
-
-
total
16 948
16 749
-
-
Dividends
67 792
66 992
-
-
income
14 406
14 235
-
-
withholding
10 168
10 049
-
-
total
24 574
24 284
-
-
Income
179 500
179 500
179 500
179 500
Total tax
96 307
90 461
66 114
81 195
After tax
83 193
89 039
113 386
98 305
Living cost
39 975
39 975
39 975
39 975
Free-cash
43 218
49 064
73 411
58 330

Estimated living cost  is ₽39975 per week

₽28329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59167
₽52535
₽53458
₽60021
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
unemployment
-
-
-
83
accident
-
-
-
166
national
-
-
-
17 603
pensions
-
-
-
9 000
health
-
-
-
5 195
municipal
-
-
-
46 335
other
-
-
-
9 674
total
-
-
-
88 056
Employee
54 127
-
153 342
-
national
-
-
17 094
-
municipal
16 141
-
45 727
-
total
16 141
-
62 821
-
Employer
54 127
-
153 342
-
accident
108
-
166
-
unemployment
1 429
-
2 198
-
health
3 329
-
5 120
-
pensions
5 851
-
9 000
-
other
6 290
-
9 674
-
total
17 007
-
26 158
-
Corporate
108 367
179 500
-
-
income
23 841
39 490
-
-
total
23 841
39 490
-
-
Dividends
84 526
140 010
-
-
withholding
25 358
42 003
-
-
total
25 358
42 003
-
-
Income
179 500
179 500
179 500
179 500
Total tax
82 347
81 493
88 979
88 056
After tax
97 153
98 007
90 521
91 444
Living cost
37 986
37 986
37 986
37 986
Free-cash
59 167
60 021
52 535
53 458

Estimated living cost  is ₽37986 per week

₽25176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65513
₽75621
₽53392
₽52106
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
179 500
surtax

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

-
-
-
3 122
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.

-
-
-
6 519
income

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

-
-
-
56 751
trade
-
-
-
22 229
total
-
-
-
88 621
Employee

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

48 392
-
179 500
-
income

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

4 158
-
56 751
-
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
-
3 122
-
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.

6 519
-
6 519
-
total
10 905
-
66 392
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
131 108
179 500
-
-
surtax

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

1 081
1 481
-
-
chamber of commerce
331
400
-
-
income
19 666
26 924
-
-
trade
21 568
29 528
-
-
total
42 646
58 333
-
-
Dividends
88 462
121 166
-
-
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.

1 197
1 646
-
-
withholding
21 752
29 928
-
-
total
22 949
31 574
-
-
Income
179 500
179 500
179 500
179 500
Total tax
76 500
89 907
66 392
88 621
After tax
103 000
89 593
113 108
90 879
Living cost
37 487
37 487
37 487
37 487
Free-cash
65 513
52 106
75 621
53 392

Estimated living cost  is ₽37487 per week

₽25072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96000
₽89618
₽91165
₽99959
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
health
-
-
-
4 578
income
-
-
-
37 366
social contributions
-
-
-
15 440
total
-
-
-
57 384
Employee
73 378
73 378
168 175
-
income
7 705
6 793
36 533
-
social contributions
3 566
6 090
8 214
-
health
730
1 248
2 859
-
total
12 001
14 131
47 606
-
Employer
73 378
73 378
168 175
-
social contributions
3 566
6 090
8 214
-
health
795
1 358
3 111
-
total
4 361
7 448
11 325
-
Corporate
132 187
98 674
-
-
income
16 524
12 334
-
-
total
16 524
12 334
-
-
Dividends
115 663
86 340
-
-
withholding
19 663
14 677
-
-
total
19 663
14 677
-
-
Income
179 500
179 500
179 500
179 500
Total tax
52 549
48 590
58 931
57 384
After tax
126 951
130 910
120 569
122 116
Living cost
30 951
30 951
30 951
30 951
Free-cash
96 000
99 959
89 618
91 165

Estimated living cost  is ₽30951 per week

₽21158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82701
₽85538
₽105830
₽82313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
unemployment
-
-
-
2 692
pensions
-
-
-
17 950
health
-
-
-
12 565
income
-
-
-
21 944
total
-
-
-
55 151
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.

26 732
10 639
150 209
-
income
3 268
1 301
18 363
-
pensions
2 673
1 064
15 021
-
unemployment
401
160
2 253
-
health
1 871
745
10 515
-
total
8 213
3 270
46 152
-
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.

26 732
10 639
150 209
-
pensions
5 213
2 075
29 291
-
total
5 213
2 075
29 291
-
Corporate
147 555
166 786
-
-
income
13 280
15 011
-
-
total
13 280
15 011
-
-
Dividends
134 275
151 776
-
-
social contributions
26 062
29 475
-
-
withholding
25 512
28 837
-
-
total
51 574
58 312
-
-
Income
179 500
179 500
179 500
179 500
Total tax
78 280
78 668
75 443
55 151
After tax
101 220
100 832
104 057
124 349
Living cost
18 519
18 519
18 519
18 519
Free-cash
82 701
82 313
85 538
105 830

Estimated living cost  is ₽18519 per week

₽12637
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114623
₽80411
₽73163
₽120550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
pensions
-
-
-
35 901
health
-
-
-
23 335
income
-
-
-
24 052
total
-
-
-
83 288
Employee
27 071
-
134 156
-
income
3 048
-
25 865
-
pensions
541
-
2 684
-
unemployment
433
-
2 146
-
total
4 022
-
30 695
-
Employer
27 071
-
134 156
-
unemployment
217
-
1 074
-
health
3 519
-
17 441
-
pensions
5 415
-
26 830
-
total
9 151
-
45 345
-
Corporate
143 279
179 500
-
-
income
28 655
35 901
-
-
total
28 655
35 901
-
-
Dividends
114 623
143 599
-
-
total
-
-
-
-
Income
179 500
179 500
179 500
179 500
Total tax
41 828
35 901
76 040
83 288
After tax
137 672
143 599
103 460
96 212
Living cost
23 049
23 049
23 049
23 049
Free-cash
114 623
120 550
80 411
73 163

Estimated living cost  is ₽23049 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11378
₽77398
₽102044
-₽6071
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
accident
-
-
-
237
pensions
-
-
-
3 898
health
-
-
-
2 043
income
-
-
-
50 320
other
-
-
-
347
total
-
-
-
56 845
Employee
32 422
-
162 484
-
income
4 448
-
38 722
-
pensions
3 651
-
7 148
-
health
3 712
-
18 605
-
total
11 811
-
64 475
-
Employer
32 422
-
162 484
-
accident
541
-
2 714
-
unemployment
794
-
3 981
-
pensions
5 272
-
10 321
-
total
6 607
-
17 016
-
Corporate
140 471
179 500
-
-
income

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

126 424
161 550
-
-
total
126 424
161 550
-
-
Dividends
14 047
17 950
-
-
withholding
2 669
3 410
-
-
total
2 669
3 410
-
-
Income
179 500
179 500
179 500
179 500
Total tax
147 511
164 960
81 491
56 845
After tax
31 989
14 540
98 009
122 655
Living cost
20 611
20 611
20 611
20 611
Free-cash
11 378
-6 071
77 398
102 044

Estimated living cost  is ₽20611 per week

₽15106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160550
₽135200
₽169305
₽162125
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
179 500
microenterprise

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

-
-
-
1 795
total
-
-
-
1 795
Employee
10 500
-
179 500
-
income
2 100
-
35 900
-
total
2 100
-
35 900
-
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%.

169 000
179 500
-
-
total
-
-
-
-
Dividends
169 000
179 500
-
-
withholding
8 450
8 975
-
-
total
8 450
8 975
-
-
Income
179 500
179 500
179 500
179 500
Total tax
10 550
8 975
35 900
1 795
After tax
168 950
170 525
143 600
177 705
Living cost
8 400
8 400
8 400
8 400
Free-cash
160 550
162 125
135 200
169 305

Estimated living cost  is ₽8400 per week

₽5206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽231
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100007
₽76033
₽77158
₽106453
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
pensions

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

-
-
-
34 827
health
-
-
-
6 385
income
-
-
-
28 811
other
-
-
-
6 892
total
-
-
-
76 915
Employee
34 648
-
143 371
-
income
5 965
-
28 436
-
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.

2 425
-
10 036
-
unemployment
346
-
1 434
-
health
485
-
2 006
-
total
9 221
-
41 912
-
Employer
34 648
-
143 371
-
accident
277
-
1 146
-
unemployment
346
-
1 434
-
health
485
-
2 006
-
pensions

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

5 891
-
24 373
-
other
1 733
-
7 169
-
total
8 732
-
36 128
-
Corporate
136 120
179 500
-
-
income
28 585
37 695
-
-
total
28 585
37 695
-
-
Dividends
107 535
141 805
-
-
withholding
7 528
9 925
-
-
total
7 528
9 925
-
-
Income
179 500
179 500
179 500
179 500
Total tax
54 066
47 620
78 040
76 915
After tax
125 434
131 880
101 460
102 585
Living cost
25 427
25 427
25 427
25 427
Free-cash
100 007
106 453
76 033
77 158

Estimated living cost  is ₽25427 per week

₽17966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽56526
₽37466
₽53663
₽51833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
pensions
-
-
-
8 885
income
-
-
-
52 272
total
-
-
-
61 157
Employee
91 513
-
156 718
-
income
16 496
-
41 474
-
pensions
8 829
-
10 861
-
health
1 508
-
2 237
-
total
26 833
-
54 572
-
Employer
91 513
-
156 718
-
health
1 738
-
2 978
-
pensions
10 805
-
19 804
-
total
12 543
-
22 782
-
Corporate
75 444
179 500
-
-
income

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

14 334
34 104
-
-
total
14 334
34 104
-
-
Dividends
61 110
145 396
-
-
withholding
4 584
28 883
-
-
total
4 584
28 883
-
-
Income
179 500
179 500
179 500
179 500
Total tax
58 294
62 987
77 354
61 157
After tax
121 206
116 513
102 146
118 343
Living cost
64 680
64 680
64 680
64 680
Free-cash
56 526
51 833
37 466
53 663

Estimated living cost  is ₽64680 per week

₽48466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7600
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.
₽8089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽135989
₽137588
₽130482
₽140562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
unemployment
-
-
-
138
pensions

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

-
-
-
5 090
health
-
-
-
3 955
income
-
-
-
26 925
total
-
-
-
36 108
Employee
17 095
-
172 752
-
income
1 709
-
17 275
-
pensions

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

1 501
-
3 020
-
accident

We are using the highest rate at 1.1%.

188
-
378
-
health
786
-
1 582
-
total
4 184
-
22 255
-
Employer
17 095
-
172 752
-
accident

We are using the highest rate at 1.1%.

188
-
378
-
unemployment
102
-
206
-
health
1 180
-
2 373
-
pensions

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

1 884
-
3 790
-
total
3 354
-
6 747
-
Corporate
159 051
179 500
-
-
income
15 905
17 950
-
-
total
15 905
17 950
-
-
Dividends
143 146
161 550
-
-
withholding
7 158
8 078
-
-
total
7 158
8 078
-
-
Income
179 500
179 500
179 500
179 500
Total tax
30 601
26 028
29 002
36 108
After tax
148 899
153 472
150 498
143 392
Living cost
12 910
12 910
12 910
12 910
Free-cash
135 989
140 562
137 588
130 482

Estimated living cost  is ₽12910 per week

₽7537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽342
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38525
₽60471
₽45390
₽36124
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
pensions
-
-
-
11 180
health
-
-
-
11 767
income
-
-
-
58 248
total
-
-
-
81 195
Employee
88 472
81 490
161 766
-
income

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

13 339
13 339
25 433
-
pensions
11 180
11 180
11 180
-
health
11 037
10 639
11 767
-
total
35 556
35 158
48 380
-
Employer
88 472
81 490
161 766
-
unemployment
3 185
2 934
3 645
-
health
6 148
5 664
7 039
-
pensions
6 157
5 672
7 050
-
total
15 490
14 270
17 734
-
Corporate
75 538
83 741
-
-
income
15 108
16 749
-
-
total
15 108
16 749
-
-
Dividends
60 430
66 992
-
-
income
12 841
14 235
-
-
withholding
9 065
10 049
-
-
total
21 906
24 284
-
-
Income
179 500
179 500
179 500
179 500
Total tax
88 060
90 461
66 114
81 195
After tax
91 440
89 039
113 386
98 305
Living cost
52 915
52 915
52 915
52 915
Free-cash
38 525
36 124
60 471
45 390

Estimated living cost  is ₽52915 per week

₽39034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91588
₽71473
₽79189
₽100001
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
health
-
-
-
24 232
solidarity contribution
-
-
-
357
income
-
-
-
18 199
social contributions
-
-
-
33 938
total
-
-
-
76 726
Employee
34 684
-
138 021
-
solidarity contribution
-
-
-
-
income
4 162
-
16 775
-
social contributions
2 254
-
7 555
-
health
4 682
-
18 633
-
total
11 098
-
42 963
-
Employer
34 684
-
138 021
-
social contributions
8 671
-
29 057
-
health
3 122
-
12 422
-
total
11 793
-
41 479
-
Corporate
133 023
179 500
-
-
income
25 274
34 105
-
-
total
25 274
34 105
-
-
Dividends
107 749
145 395
-
-
withholding
16 162
21 809
-
-
total
16 162
21 809
-
-
Income
179 500
179 500
179 500
179 500
Total tax
64 327
55 914
84 442
76 726
After tax
115 173
123 586
95 058
102 774
Living cost
23 585
23 585
23 585
23 585
Free-cash
91 588
100 001
71 473
79 189

Estimated living cost  is ₽23585 per week

₽16383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5061
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50524
₽36744
₽44855
₽55504
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
national
-
-
-
45 015
regional
-
-
-
2 130
municipal
-
-
-
1 067
social contributions
-
-
-
46 167
total
-
-
-
94 379
Employee
84 808
-
179 500
-
regional
800
-
1 882
-
national
14 695
-
39 128
-
social contributions
28 597
-
60 527
-
municipal
449
-
953
-
total
44 541
-
102 490
-
Employer
84 808
-
179 500
-
total
-
-
-
-
Corporate
94 692
179 500
-
-
nationa
22 727
43 081
-
-
municipal
3 692
7 001
-
-
total
26 419
50 082
-
-
Dividends
68 273
129 418
-
-
withholding
17 750
33 648
-
-
total
17 750
33 648
-
-
Income
179 500
179 500
179 500
179 500
Total tax
88 710
83 730
102 490
94 379
After tax
90 790
95 770
77 010
85 121
Living cost
40 266
40 266
40 266
40 266
Free-cash
50 524
55 504
36 744
44 855

Estimated living cost  is ₽40266 per week

₽28069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88877
₽57900
₽63734
₽91848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
unemployment
-
-
-
217
surtax
-
-
-
8 232
pensions
-
-
-
25 472
health
-
-
-
9 042
income
-
-
-
51 746
other
-
-
-
-
total
-
-
-
94 709
Employee
31 557
-
152 692
-
other
-
-
-
-
income
5 290
-
46 038
-
pensions
2 104
-
8 495
-
surtax
103
-
7 091
-
unemployment
2 197
-
8 864
-
health
806
-
3 247
-
total
10 500
-
73 735
-
Employer
31 557
-
152 692
-
unemployment
1 000
-
4 036
-
health
1 436
-
5 795
-
pensions
4 207
-
16 977
-
other
-
-
-
-
total
6 643
-
26 808
-
Corporate
141 301
179 500
-
-
income
36 739
46 670
-
-
total
36 739
46 670
-
-
Dividends
104 562
132 830
-
-
withholding
15 684
19 925
-
-
total
15 684
19 925
-
-
Income
179 500
179 500
179 500
179 500
Total tax
69 566
66 595
100 543
94 709
After tax
109 934
112 905
78 957
84 791
Living cost
21 057
21 057
21 057
21 057
Free-cash
88 877
91 848
57 900
63 734

Estimated living cost  is ₽21057 per week

₽12875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78714
₽57958
₽74155
₽72325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
pensions
-
-
-
8 885
income
-
-
-
52 272
total
-
-
-
61 157
Employee
61 330
-
156 718
-
income
11 046
-
41 474
-
pensions
5 206
-
10 861
-
health
890
-
2 237
-
total
17 142
-
54 572
-
Employer
61 330
-
156 718
-
health
1 165
-
2 978
-
pensions
6 639
-
19 804
-
total
7 804
-
22 782
-
Corporate
110 366
179 500
-
-
income

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

20 969
34 104
-
-
total
20 969
34 104
-
-
Dividends
89 397
145 396
-
-
withholding
10 683
28 883
-
-
total
10 683
28 883
-
-
Income
179 500
179 500
179 500
179 500
Total tax
56 598
62 987
77 354
61 157
After tax
122 902
116 513
102 146
118 343
Living cost
44 188
44 188
44 188
44 188
Free-cash
78 714
72 325
57 958
74 155

Estimated living cost  is ₽44188 per week

₽33105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7308
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽38831
₽61070
₽69188
₽6485
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
national
-
-
-
3 259
pensions
-
-
-
16 513
health
-
-
-
404
regional
-
-
-
9 059
city
-
-
-
1 891
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.

-
-
-
3 590
total
-
-
-
34 716
Employee
88 467
-
160 665
-
pensions
7 432
-
13 494
-
regional
2 897
-
7 803
-
national
419
-
2 382
-
unemployment
-
-
-
-
health
200
-
361
-
city
949
-
1 726
-
total
11 897
-
25 766
-
Employer
88 467
-
160 665
-
unemployment
-
-
-
-
health
200
-
361
-
pensions
7 432
-
13 494
-
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.

1 769
-
3 213
-
total
9 401
-
17 068
-
Corporate
80 659
179 500
-
-
national
6 856
15 257
-
-
regional
17 059
37 964
-
-
total
23 915
53 221
-
-
Dividends
56 745
126 279
-
-
withholding
19 860
44 198
-
-
total
19 860
44 198
-
-
Income
179 500
179 500
179 500
179 500
Total tax
65 073
97 419
42 834
34 716
After tax
114 427
82 081
136 666
144 784
Living cost
75 596
75 596
75 596
75 596
Free-cash
38 831
6 485
61 070
69 188

Estimated living cost  is ₽75596 per week

₽49159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽60429
₽69393
₽46217
₽44954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
179 500
surtax

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

-
-
-
3 122
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.

-
-
-
6 519
income

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

-
-
-
56 751
trade
-
-
-
23 176
total
-
-
-
89 568
Employee

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

57 349
-
179 500
-
income

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

6 744
-
56 751
-
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.

371
-
3 122
-
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.

6 519
-
6 519
-
total
13 634
-
66 392
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
122 151
179 500
-
-
surtax

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

1 007
1 481
-
-
chamber of commerce
317
398
-
-
income
18 322
26 924
-
-
trade
20 948
30 785
-
-
total
40 594
59 588
-
-
Dividends
81 556
119 911
-
-
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.

1 101
1 628
-
-
withholding
20 027
29 615
-
-
total
21 128
31 243
-
-
Income
179 500
179 500
179 500
179 500
Total tax
75 356
90 831
66 392
89 568
After tax
104 144
88 669
113 108
89 932
Living cost
43 715
43 715
43 715
43 715
Free-cash
60 429
44 954
69 393
46 217

Estimated living cost  is ₽43715 per week

₽31928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7723
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63459
₽64694
₽68320
₽57821
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
surtax
-
-
-
-
pensions
-
-
-
30 919
health
-
-
-
7 948
income
-
-
-
28 986
social contributions
-
-
-
5 114
other
-
-
-
5 565
total
-
-
-
78 532
Employee
40 841
-
138 453
-
income
2 410
-
27 346
-
pensions
4 618
-
9 822
-
surtax
-
-
-
-
social contributions
1 164
-
3 946
-
total
8 192
-
41 114
-
Employer
40 841
-
138 453
-
unemployment
1 653
-
5 606
-
social contributions
123
-
415
-
health
2 859
-
13 039
-
pensions
6 709
-
16 500
-
other
1 409
-
5 484
-
total
12 753
-
41 044
-
Corporate
125 905
179 500
-
-
surtax
-
-
-
-
income
35 254
50 259
-
-
total
35 254
50 259
-
-
Dividends
90 651
129 241
-
-
surtax
-
-
-
-
social contributions
15 590
22 230
-
-
withholding
11 604
16 542
-
-
total
27 194
38 772
-
-
Income
179 500
179 500
179 500
179 500
Total tax
83 393
89 031
82 158
78 532
After tax
96 107
90 469
97 342
100 968
Living cost
32 648
32 648
32 648
32 648
Free-cash
63 459
57 821
64 694
68 320

Estimated living cost  is ₽32648 per week

₽20586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8853
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66356
₽67928
₽71554
₽61055
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
surtax
-
-
-
-
pensions
-
-
-
30 919
health
-
-
-
7 948
income
-
-
-
28 986
social contributions
-
-
-
5 114
other
-
-
-
5 565
total
-
-
-
78 532
Employee
36 456
-
138 453
-
income
1 880
-
27 346
-
pensions
4 123
-
9 822
-
surtax
-
-
-
-
social contributions
1 039
-
3 946
-
total
7 042
-
41 114
-
Employer
36 456
-
138 453
-
unemployment
1 476
-
5 606
-
social contributions
109
-
415
-
health
2 552
-
13 039
-
pensions
5 990
-
16 500
-
other
1 259
-
5 484
-
total
11 386
-
41 044
-
Corporate
131 659
179 500
-
-
surtax
-
-
-
-
income
36 864
50 259
-
-
total
36 864
50 259
-
-
Dividends
94 795
129 241
-
-
surtax
-
-
-
-
social contributions
16 305
22 230
-
-
withholding
12 133
16 542
-
-
total
28 438
38 772
-
-
Income
179 500
179 500
179 500
179 500
Total tax
83 730
89 031
82 158
78 532
After tax
95 770
90 469
97 342
100 968
Living cost
29 414
29 414
29 414
29 414
Free-cash
66 356
61 055
67 928
71 554

Estimated living cost  is ₽29414 per week

₽17058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2988
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89771
₽91003
₽95041
₽89276
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
health
-
-
-
12 529
income
-
-
-
26 924
social contributions
-
-
-
24 771
total
-
-
-
64 224
Employee
32 355
-
179 500
-
income
5 396
-
30 962
-
social contributions
4 466
-
24 771
-
health
2 258
-
12 529
-
total
12 120
-
68 262
-
Employer
32 355
-
179 500
-
total
-
-
-
-
Corporate
147 145
179 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

7 358
8 975
-
-
total
7 358
8 975
-
-
Dividends
139 787
170 525
-
-
social contributions
19 291
23 532
-
-
withholding
20 968
25 579
-
-
health
9 757
11 903
-
-
total
50 016
61 014
-
-
Income
179 500
179 500
179 500
179 500
Total tax
69 494
69 989
68 262
64 224
After tax
110 006
109 511
111 238
115 276
Living cost
20 235
20 235
20 235
20 235
Free-cash
89 771
89 276
91 003
95 041

Estimated living cost  is ₽20235 per week

₽13542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
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.
₽4978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64107
₽13804
₽58536
₽65585
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
unemployment
-
-
-
5 853
surtax
-
-
-
188
pensions
-
-
-
20 624
health
-
-
-
8 527
income
-
-
-
51 431
chamber of commerce
-
-
-
717
total
-
-
-
87 340
Employee
47 689
38 028
144 796
-
other
476
380
1 116
-
income
5 429
2 805
41 884
-
pensions
4 884
3 893
11 416
-
unemployment
1 431
1 141
3 345
-
health
1 845
1 472
4 314
-
total
14 065
9 691
62 075
-
Employer
47 689
38 028
144 796
-
chamber of commerce
190
152
579
-
surtax
188
188
188
-
accident
619
494
1 449
-
payroll
1 431
1 141
4 344
-
unemployment
1 431
1 141
3 345
-
health
1 802
1 438
4 214
-
pensions
5 985
4 773
13 991
-
other
2 265
1 805
6 593
-
total
13 911
11 132
34 703
-
Corporate
117 899
130 338
141 175
-
income

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

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

29 476
32 585
35 294
-
total
29 476
32 585
35 294
-
Dividends
88 424
97 753
-
-
withholding
24 317
26 883
-
-
total
24 317
26 883
-
-
Income
179 500
179 500
179 500
179 500
Total tax
81 769
80 291
132 072
87 340
After tax
97 731
99 209
47 428
92 160
Living cost
33 624
33 624
33 624
33 624
Free-cash
64 107
65 585
13 804
58 536

Estimated living cost  is ₽33624 per week

₽22426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51260
₽27767
₽43101
₽65571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
national
-
-
-
68 473
communal

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

-
-
-
9 342
social contributions
-
-
-
23 791
total
-
-
-
101 606
Employee

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

68 259
-
139 030
-
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.

5 119
-
10 427
-
communal

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

3 560
-
7 251
-
national
20 985
-
51 047
-
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.

594
-
1 210
-
health

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

3 207
-
6 535
-
total
33 465
-
76 470
-
Employer

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

68 259
-
139 030
-
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.

887
-
1 807
-
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.

996
-
2 030
-
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.

4 198
-
8 549
-
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.

6 048
-
12 318
-
surtax
7 740
-
15 766
-
total
19 869
-
40 470
-
Corporate
91 373
179 500
-
-
surtax
366
717
-
-
income
18 275
35 901
-
-
total
18 641
36 618
-
-
Dividends
72 731
142 882
-
-
withholding

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

21 472
42 518
-
-
total
21 472
42 518
-
-
Income
179 500
179 500
179 500
179 500
Total tax
93 447
79 136
116 940
101 606
After tax
86 053
100 364
62 560
77 894
Living cost
34 793
34 793
34 793
34 793
Free-cash
51 260
65 571
27 767
43 101

Estimated living cost  is ₽34793 per week

₽22411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3042
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8795
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78512
₽62140
₽66144
₽85049
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
unemployment
-
-
-
619
accident
-
-
-
797
pensions
-
-
-
25 030
income
-
-
-
52 359
other
-
-
-
89
total
-
-
-
78 894
Employee
47 501
-
151 303
-
other
47
-
89
-
income
10 022
-
49 083
-
pensions
2 233
-
4 158
-
unemployment
737
-
1 371
-
total
13 039
-
54 701
-
Employer
47 501
-
151 303
-
accident
940
-
1 751
-
unemployment
2 613
-
4 864
-
pensions
11 209
-
20 874
-
other
378
-
708
-
total
15 140
-
28 197
-
Corporate
116 859
179 500
-
-
income

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

17 529
26 924
-
-
total
17 529
26 924
-
-
Dividends
99 329
152 576
-
-
withholding
20 818
33 065
-
-
total
20 818
33 065
-
-
Income
179 500
179 500
179 500
179 500
Total tax
66 526
59 989
82 898
78 894
After tax
112 974
119 511
96 602
100 606
Living cost
34 462
34 462
34 462
34 462
Free-cash
78 512
85 049
62 140
66 144

Estimated living cost  is ₽34462 per week

₽25378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39756
₽42770
₽35610
₽52335
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
accident
-
-
-
1 514
surtax
-
-
-
8 899
pensions
-
-
-
26 904
communal
-
-
-
11 345
health
-
-
-
12 611
income
-
-
-
30 759
total
-
-
-
92 032
Employee
72 265
-
160 341
-
income
6 980
-
35 927
-
pensions
5 780
-
12 826
-
surtax
4 429
-
9 826
-
health
3 216
-
7 135
-
total
20 405
-
65 714
-
Employer
72 265
-
160 341
-
accident
650
-
1 443
-
health
2 204
-
4 889
-
pensions
5 780
-
12 826
-
total
8 634
-
19 158
-
Corporate
98 601
179 500
-
-
surtax
1 036
1 885
-
-
communal
6 655
12 117
-
-
income
14 789
26 924
-
-
total
22 480
40 926
-
-
Dividends
76 120
138 574
-
-
income
24 949
13 596
-
-
withholding
11 418
20 785
-
-
total
36 367
34 381
-
-
Income
179 500
179 500
179 500
179 500
Total tax
87 886
75 307
84 872
92 032
After tax
91 614
104 193
94 628
87 468
Living cost
51 858
51 858
51 858
51 858
Free-cash
39 756
52 335
42 770
35 610

Estimated living cost  is ₽51858 per week

₽38901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3142
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.
₽9264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88437
₽57523
₽63357
₽91471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
unemployment
-
-
-
217
surtax
-
-
-
8 232
pensions
-
-
-
25 472
health
-
-
-
9 042
income
-
-
-
51 746
other
-
-
-
-
total
-
-
-
94 709
Employee
32 136
-
152 692
-
other
-
-
-
-
income
5 387
-
46 038
-
pensions
2 144
-
8 495
-
surtax
114
-
7 091
-
unemployment
2 236
-
8 864
-
health
820
-
3 247
-
total
10 701
-
73 735
-
Employer
32 136
-
152 692
-
unemployment
1 020
-
4 036
-
health
1 461
-
5 795
-
pensions
4 285
-
16 977
-
other
-
-
-
-
total
6 766
-
26 808
-
Corporate
140 599
179 500
-
-
income
36 556
46 670
-
-
total
36 556
46 670
-
-
Dividends
104 042
132 830
-
-
withholding
15 606
19 925
-
-
total
15 606
19 925
-
-
Income
179 500
179 500
179 500
179 500
Total tax
69 629
66 595
100 543
94 709
After tax
109 871
112 905
78 957
84 791
Living cost
21 434
21 434
21 434
21 434
Free-cash
88 437
91 471
57 523
63 357

Estimated living cost  is ₽21434 per week

₽12941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66524
₽50771
₽58839
₽68643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
national
-
-
-
45 015
regional
-
-
-
2 706
municipal
-
-
-
1 067
social contributions
-
-
-
46 167
total
-
-
-
94 955
Employee
52 934
-
179 500
-
regional
713
-
2 415
-
national
8 386
-
39 128
-
social contributions
17 850
-
60 527
-
municipal
281
-
953
-
total
27 230
-
103 023
-
Employer
52 934
-
179 500
-
total
-
-
-
-
Corporate
126 566
179 500
-
-
nationa
30 376
43 081
-
-
municipal
6 291
8 920
-
-
total
36 667
52 001
-
-
Dividends
89 899
127 499
-
-
withholding
23 373
33 150
-
-
total
23 373
33 150
-
-
Income
179 500
179 500
179 500
179 500
Total tax
87 270
85 151
103 023
94 955
After tax
92 230
94 349
76 477
84 545
Living cost
25 706
25 706
25 706
25 706
Free-cash
66 524
68 643
50 771
58 839

Estimated living cost  is ₽25706 per week

₽15986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84154
₽65995
₽73711
₽94523
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
health
-
-
-
24 232
solidarity contribution
-
-
-
357
income
-
-
-
18 199
social contributions
-
-
-
33 938
total
-
-
-
76 726
Employee
42 740
-
138 021
-
solidarity contribution
-
-
-
-
income
5 129
-
16 775
-
social contributions
2 778
-
7 555
-
health
5 770
-
18 633
-
total
13 677
-
42 963
-
Employer
42 740
-
138 021
-
social contributions
10 685
-
29 057
-
health
3 847
-
12 422
-
total
14 532
-
41 479
-
Corporate
122 228
179 500
-
-
income
23 223
34 105
-
-
total
23 223
34 105
-
-
Dividends
99 005
145 395
-
-
withholding
14 851
21 809
-
-
total
14 851
21 809
-
-
Income
179 500
179 500
179 500
179 500
Total tax
66 283
55 914
84 442
76 726
After tax
113 217
123 586
95 058
102 774
Living cost
29 063
29 063
29 063
29 063
Free-cash
84 154
94 523
65 995
73 711

Estimated living cost  is ₽29063 per week

₽21613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68395
₽17031
₽61904
₽68868
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
unemployment
-
-
-
5 853
surtax
-
-
-
-
pensions
-
-
-
20 624
health
-
-
-
8 527
income
-
-
-
51 431
chamber of commerce
-
-
-
717
total
-
-
-
87 152
Employee
41 713
38 028
144 972
-
other
417
380
1 116
-
income
3 716
2 805
41 967
-
pensions
4 272
3 893
11 416
-
unemployment
1 251
1 141
3 345
-
health
1 613
1 472
4 314
-
total
11 269
9 691
62 158
-
Employer
41 713
38 028
144 972
-
chamber of commerce
167
152
579
-
surtax
-
-
-
-
accident
541
494
1 449
-
payroll
1 251
1 141
4 350
-
unemployment
1 251
1 141
3 345
-
health
1 577
1 438
4 214
-
pensions
5 235
4 773
13 991
-
other
1 981
1 805
6 601
-
total
12 003
10 944
34 529
-
Corporate
125 782
130 527
141 350
-
income

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

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

31 446
32 632
35 338
-
total
31 446
32 632
35 338
-
Dividends
94 336
97 894
-
-
withholding
25 943
26 921
-
-
total
25 943
26 921
-
-
Income
179 500
179 500
179 500
179 500
Total tax
80 661
80 188
132 025
87 152
After tax
98 839
99 312
47 475
92 348
Living cost
30 444
30 444
30 444
30 444
Free-cash
68 395
68 868
17 031
61 904

Estimated living cost  is ₽30444 per week

₽18263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3109
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8529
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154980
₽130510
₽164615
₽157435
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
179 500
microenterprise

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

-
-
-
1 795
total
-
-
-
1 795
Employee
16 363
-
179 500
-
income
3 273
-
35 900
-
total
3 273
-
35 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

163 137
179 500
-
-
total
-
-
-
-
Dividends
163 137
179 500
-
-
withholding
8 157
8 975
-
-
total
8 157
8 975
-
-
Income
179 500
179 500
179 500
179 500
Total tax
11 430
8 975
35 900
1 795
After tax
168 070
170 525
143 600
177 705
Living cost
13 090
13 090
13 090
13 090
Free-cash
154 980
157 435
130 510
164 615

Estimated living cost  is ₽13090 per week

₽8858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90010
₽56743
₽61453
₽97991
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
179 500
unemployment
-
-
-
270
pensions
-
-
-
32 781
health
-
-
-
17 663
income
-
-
-
41 738
total
-
-
-
92 452
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.

42 197
-
155 316
-
income
7 277
-
38 656
-
pensions
6 541
-
24 074
-
unemployment
60
-
217
-
health
2 725
-
10 034
-
total
16 603
-
72 981
-
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.

42 197
-
155 316
-
unemployment
25
-
92
-
health
2 810
-
10 344
-
pensions
3 734
-
13 745
-
total
6 569
-
24 181
-
Corporate
130 733
179 500
-
-
income
24 840
34 104
-
-
total
24 840
34 104
-
-
Dividends
105 893
145 396
-
-
withholding
15 883
21 810
-
-
total
15 883
21 810
-
-
Income
179 500
179 500
179 500
179 500
Total tax
63 895
55 914
97 162
92 452
After tax
115 605
123 586
82 338
87 048
Living cost
25 595
25 595
25 595
25 595
Free-cash
90 010
97 991
56 743
61 453

Estimated living cost  is ₽25595 per week

₽17566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15194
₽121148
₽79331
₽64490
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
income
-
-
-
34 988
social contributions
-
-
-
20 463
total
-
-
-
55 451
Employee
64 119
-
-
-
income
14 143
-
-
-
social contributions
5 258
-
749
-
total
19 401
-
749
-
Employer
64 119
-
-
-
social contributions
90 408
-
12 885
-
total
90 408
-
12 885
-
Corporate
24 974
179 500
-
-
income
5 494
39 490
-
-
total
5 494
39 490
-
-
Dividends
19 479
140 010
-
-
income
4 285
30 802
-
-
total
4 285
30 802
-
-
Income
179 500
179 500
179 500
179 500
Total tax
119 588
70 292
13 634
55 451
After tax
59 912
109 208
165 866
124 049
Living cost
44 718
44 718
44 718
44 718
Free-cash
15 194
64 490
121 148
79 331

Estimated living cost  is ₽44718 per week

₽29015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4206
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.
₽10927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71206
₽51857
₽65466
₽72168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
179 500
surtax
-
-
-
-
income
-
-
-
21 726
social contributions

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

-
-
-
62 376
total
-
-
-
84 102
Employee
43 888
-
145 050
-
income
9 129
-
47 305
-
surtax
-
-
-
-
social contributions
4 828
-
15 956
-
total
13 957
-
63 261
-
Employer
43 888
-
145 050
-
social contributions
10 423
-
34 450
-
total
10 423
-
34 450
-
Corporate
125 188
179 500
-
-
surtax
-
-
-
-
income
26 290
37 695
-
-
total
26 290
37 695
-
-
Dividends
98 898
141 805
-
-
withholding
27 692
39 705
-
-
total
27 692
39 705
-
-
Income
179 500
179 500
179 500
179 500
Total tax
78 362
77 400
97 711
84 102
After tax
101 138
102 100
81 789
95 398
Living cost
29 932
29 932
29 932
29 932
Free-cash
71 206
72 168
51 857
65 466

Estimated living cost  is ₽29932 per week

₽22395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50937
₽51253
₽54879
₽44380
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
surtax
-
-
-
-
pensions
-
-
-
30 919
health
-
-
-
7 948
income
-
-
-
28 986
social contributions
-
-
-
5 114
other
-
-
-
5 565
total
-
-
-
78 532
Employee
59 767
-
138 453
-
income
5 215
-
27 346
-
pensions
6 760
-
9 822
-
surtax
-
-
-
-
social contributions
1 702
-
3 946
-
total
13 677
-
41 114
-
Employer
59 767
-
138 453
-
unemployment
2 421
-
5 606
-
social contributions
179
-
415
-
health
4 183
-
13 039
-
pensions
9 820
-
16 500
-
other
2 063
-
5 484
-
total
18 666
-
41 044
-
Corporate
101 067
179 500
-
-
surtax
-
-
-
-
income
28 299
50 259
-
-
total
28 299
50 259
-
-
Dividends
72 768
129 241
-
-
surtax
-
-
-
-
social contributions
12 517
22 230
-
-
withholding
9 315
16 542
-
-
total
21 832
38 772
-
-
Income
179 500
179 500
179 500
179 500
Total tax
82 474
89 031
82 158
78 532
After tax
97 026
90 469
97 342
100 968
Living cost
46 089
46 089
46 089
46 089
Free-cash
50 937
44 380
51 253
54 879

Estimated living cost  is ₽46089 per week

₽31192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129659
₽107888
₽103118
₽132866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
income
-
-
-
8 207
social contributions
-
-
-
39 490
total
-
-
-
47 697
Employee
30 678
-
155 412
-
income
-
-
8 736
-
social contributions
1 994
-
10 103
-
total
1 994
-
18 839
-
Employer
30 678
-
155 412
-
social contributions
4 755
-
24 088
-
total
4 755
-
24 088
-
Corporate
144 066
179 500
-
-
income
14 407
17 949
-
-
total
14 407
17 949
-
-
Dividends
129 659
161 551
-
-
total
-
-
-
-
Income
179 500
179 500
179 500
179 500
Total tax
21 156
17 949
42 927
47 697
After tax
158 344
161 551
136 573
131 803
Living cost
28 685
28 685
28 685
28 685
Free-cash
129 659
132 866
107 888
103 118

Estimated living cost  is ₽28685 per week

₽18547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27907
-₽27907
₽59336
-₽27907
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
national
-
-
-
21 457
pensions
-
-
-
825
municipal
-
-
-
37 742
labour market
-
-
-
14 294
total
-
-
-
74 318
Employee
193 506
193 506
193 506
-
labour market
15 458
15 458
15 458
-
pensions
275
275
275
-
national
23 640
23 640
23 640
-
municipal
41 206
41 206
41 206
-
total
80 579
80 579
80 579
-
Employer
193 506
193 506
193 506
-
labour market
15 480
15 480
15 480
-
national
23 681
23 681
23 681
-
municipal
41 271
41 271
41 271
-
pensions
550
550
550
-
total
80 982
80 982
80 982
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
179 500
179 500
179 500
179 500
Total tax
161 561
161 561
161 561
74 318
After tax
17 939
17 939
17 939
105 182
Living cost
45 846
45 846
45 846
45 846
Free-cash
-27 907
-27 907
-27 907
59 336

Estimated living cost  is ₽45846 per week

₽31378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4056
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽705
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11425
₽77702
₽102348
-₽5767
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
accident
-
-
-
237
pensions
-
-
-
3 898
health
-
-
-
2 043
income
-
-
-
50 320
other
-
-
-
347
total
-
-
-
56 845
Employee
31 944
-
162 484
-
income
4 382
-
38 722
-
pensions
3 597
-
7 148
-
health
3 658
-
18 605
-
total
11 637
-
64 475
-
Employer
31 944
-
162 484
-
accident
533
-
2 714
-
unemployment
783
-
3 981
-
pensions
5 194
-
10 321
-
total
6 510
-
17 016
-
Corporate
141 046
179 500
-
-
income

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

126 941
161 550
-
-
total
126 941
161 550
-
-
Dividends
14 105
17 950
-
-
withholding
2 680
3 410
-
-
total
2 680
3 410
-
-
Income
179 500
179 500
179 500
179 500
Total tax
147 768
164 960
81 491
56 845
After tax
31 732
14 540
98 009
122 655
Living cost
20 307
20 307
20 307
20 307
Free-cash
11 425
-5 767
77 702
102 348

Estimated living cost  is ₽20307 per week

₽14781
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77807
₽56803
₽77482
₽75134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
179 500
national
-
-
-
31 131
health
-
-
-
2 367
municipal
-
-
-
31 884
total
-
-
-
65 382
Employee
50 205
-
151 006
-
pensions
3 388
-
10 193
-
national
829
-
18 590
-
unemployment
753
-
2 265
-
municipal
8 223
-
24 592
-
health
375
-
1 927
-
total
13 568
-
57 567
-
Employer
50 205
-
151 006
-
accident
51
-
150
-
unemployment
326
-
981
-
health
386
-
1 163
-
pensions
8 710
-
26 200
-
total
9 473
-
28 494
-
Corporate
119 822
179 500
-
-
income
23 965
35 901
-
-
total
23 965
35 901
-
-
Dividends

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

71 893
107 699
-
-
national
5 110
12 444
-
-
municipal
12 941
19 385
-
-
total
18 051
31 829
-
-
Income
179 500
179 500
179 500
179 500
Total tax
65 057
67 730
86 061
65 382
After tax
114 443
111 770
93 439
114 118
Living cost
36 636
36 636
36 636
36 636
Free-cash
77 807
75 134
56 803
77 482

Estimated living cost  is ₽36636 per week

₽23931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3524
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.
₽8600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103622
₽98475
₽100022
₽108816
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
health
-
-
-
4 578
income
-
-
-
37 366
social contributions
-
-
-
15 440
total
-
-
-
57 384
Employee
73 378
73 378
168 175
-
income
7 990
6 793
36 533
-
social contributions
2 774
6 090
8 214
-
health
569
1 248
2 859
-
total
11 333
14 131
47 606
-
Employer
73 378
73 378
168 175
-
social contributions
2 774
6 090
8 214
-
health
618
1 358
3 111
-
total
3 392
7 448
11 325
-
Corporate
142 682
98 674
-
-
income
17 835
12 334
-
-
total
17 835
12 334
-
-
Dividends
124 847
86 340
-
-
withholding
21 224
14 677
-
-
total
21 224
14 677
-
-
Income
179 500
179 500
179 500
179 500
Total tax
53 784
48 590
58 931
57 384
After tax
125 716
130 910
120 569
122 116
Living cost
22 094
22 094
22 094
22 094
Free-cash
103 622
108 816
98 475
100 022

Estimated living cost  is ₽22094 per week

₽13241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128637
₽117300
₽136442
₽133493
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
179 500
unemployment
-
-
-
27
pensions
-
-
-
6 070
health
-
-
-
3 453
income
-
-
-
18 357
total
-
-
-
27 907
Employee

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

21 903
-
170 174
-
income
1 498
-
15 992
-
pensions
3 285
-
13 582
-
unemployment
109
-
453
-
health
1 862
-
7 696
-
total
6 754
-
37 723
-
Employer

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

21 903
-
170 174
-
unemployment
109
-
453
-
health
942
-
3 893
-
pensions
1 204
-
4 980
-
total
2 255
-
9 326
-
Corporate
155 342
179 500
-
-
income
13 980
16 155
-
-
total
13 980
16 155
-
-
Dividends
141 362
163 345
-
-
withholding
12 723
14 701
-
-
total
12 723
14 701
-
-
Income
179 500
179 500
179 500
179 500
Total tax
35 712
30 856
47 049
27 907
After tax
143 788
148 644
132 451
151 593
Living cost
15 151
15 151
15 151
15 151
Free-cash
128 637
133 493
117 300
136 442

Estimated living cost  is ₽15151 per week

₽9666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89056
₽70361
₽74365
₽93270
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
unemployment
-
-
-
619
accident
-
-
-
797
pensions
-
-
-
25 030
income
-
-
-
52 359
other
-
-
-
89
total
-
-
-
78 894
Employee
35 284
-
151 303
-
other
34
-
89
-
income
6 803
-
49 083
-
pensions
1 659
-
4 158
-
unemployment
547
-
1 371
-
total
9 043
-
54 701
-
Employer
35 284
-
151 303
-
accident
699
-
1 751
-
unemployment
1 941
-
4 864
-
pensions
8 326
-
20 874
-
other
282
-
708
-
total
11 248
-
28 197
-
Corporate
132 966
179 500
-
-
income

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

19 945
26 924
-
-
total
19 945
26 924
-
-
Dividends
113 021
152 576
-
-
withholding
23 967
33 065
-
-
total
23 967
33 065
-
-
Income
179 500
179 500
179 500
179 500
Total tax
64 203
59 989
82 898
78 894
After tax
115 297
119 511
96 602
100 606
Living cost
26 241
26 241
26 241
26 241
Free-cash
89 056
93 270
70 361
74 365

Estimated living cost  is ₽26241 per week

₽17712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110098
₽113955
₽114072
₽110368
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
pensions
-
-
-
1 196
health
-
-
-
867
income
-
-
-
61 725
total
-
-
-
63 788
Employee
2 497
-
178 155
-
income
483
-
61 662
-
pensions
225
-
538
-
unemployment
25
-
60
-
health
125
-
299
-
total
858
-
62 559
-
Employer
2 497
-
178 155
-
unemployment
50
-
120
-
health
237
-
568
-
pensions
275
-
658
-
total
562
-
1 346
-
Corporate
176 441
179 500
-
-
income
38 817
39 490
-
-
total
38 817
39 490
-
-
Dividends
137 624
140 010
-
-
withholding
27 525
28 002
-
-
total
27 525
28 002
-
-
Income
179 500
179 500
179 500
179 500
Total tax
67 762
67 492
63 905
63 788
After tax
111 738
112 008
115 595
115 712
Living cost
1 640
1 640
1 640
1 640
Free-cash
110 098
110 368
113 955
114 072

Estimated living cost  is ₽1640 per week

₽974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108546
₽95549
₽95551
₽113228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
179 500
unemployment
-
-
-
1 055
pensions
-
-
-
18 289
health
-
-
-
7 245
income
-
-
-
40 899
total
-
-
-
67 488
Employee

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

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

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

24 821
-
166 909
-
income
3 421
-
40 899
-
pensions
3 475
-
9 848
-
unemployment
186
-
528
-
health
1 278
-
3 623
-
total
8 360
-
54 898
-
Employer

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

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

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

24 821
-
166 909
-
unemployment
186
-
528
-
health
1 278
-
3 623
-
pensions
2 979
-
8 441
-
total
4 443
-
12 592
-
Corporate
150 235
179 500
-
-
income
22 535
26 925
-
-
total
22 535
26 925
-
-
Dividends
127 700
152 575
-
-
withholding
19 155
22 886
-
-
total
19 155
22 886
-
-
Income
179 500
179 500
179 500
179 500
Total tax
54 493
49 811
67 490
67 488
After tax
125 007
129 689
112 010
112 012
Living cost
16 461
16 461
16 461
16 461
Free-cash
108 546
113 228
95 549
95 551

Estimated living cost  is ₽16461 per week

₽11083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1273
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.
₽3628
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76030
₽56063
₽69672
₽76374
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
179 500
surtax
-
-
-
-
income
-
-
-
21 726
social contributions

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

-
-
-
62 376
total
-
-
-
84 102
Employee
37 037
-
145 050
-
income
7 237
-
47 305
-
surtax
-
-
-
-
social contributions
4 074
-
15 956
-
total
11 311
-
63 261
-
Employer
37 037
-
145 050
-
social contributions
8 795
-
34 450
-
total
8 795
-
34 450
-
Corporate
133 668
179 500
-
-
surtax
-
-
-
-
income
28 070
37 695
-
-
total
28 070
37 695
-
-
Dividends
105 597
141 805
-
-
withholding
29 568
39 705
-
-
total
29 568
39 705
-
-
Income
179 500
179 500
179 500
179 500
Total tax
77 744
77 400
97 711
84 102
After tax
101 756
102 100
81 789
95 398
Living cost
25 726
25 726
25 726
25 726
Free-cash
76 030
76 374
56 063
69 672

Estimated living cost  is ₽25726 per week

₽18221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1787
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79730
₽63065
₽67069
₽85974
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
unemployment
-
-
-
619
accident
-
-
-
797
pensions
-
-
-
25 030
income
-
-
-
52 359
other
-
-
-
89
total
-
-
-
78 894
Employee
46 086
-
151 303
-
other
45
-
89
-
income
9 626
-
49 083
-
pensions
2 166
-
4 158
-
unemployment
713
-
1 371
-
total
12 550
-
54 701
-
Employer
46 086
-
151 303
-
accident
913
-
1 751
-
unemployment
2 535
-
4 864
-
pensions
10 876
-
20 874
-
other
369
-
708
-
total
14 693
-
28 197
-
Corporate
118 720
179 500
-
-
income

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

17 808
26 924
-
-
total
17 808
26 924
-
-
Dividends
100 912
152 576
-
-
withholding
21 182
33 065
-
-
total
21 182
33 065
-
-
Income
179 500
179 500
179 500
179 500
Total tax
66 233
59 989
82 898
78 894
After tax
113 267
119 511
96 602
100 606
Living cost
33 537
33 537
33 537
33 537
Free-cash
79 730
85 974
63 065
67 069

Estimated living cost  is ₽33537 per week

₽24085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2608
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.
₽6372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130534
₽133560
₽126454
₽136534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
unemployment
-
-
-
138
pensions

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

-
-
-
5 090
health
-
-
-
3 955
income
-
-
-
26 925
total
-
-
-
36 108
Employee
22 429
-
172 752
-
income
2 243
-
17 275
-
pensions

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

1 969
-
3 020
-
accident

We are using the highest rate at 1.1%.

246
-
378
-
health
1 032
-
1 582
-
total
5 490
-
22 255
-
Employer
22 429
-
172 752
-
accident

We are using the highest rate at 1.1%.

246
-
378
-
unemployment
135
-
206
-
health
1 548
-
2 373
-
pensions

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

2 472
-
3 790
-
total
4 401
-
6 747
-
Corporate
152 671
179 500
-
-
income
15 267
17 950
-
-
total
15 267
17 950
-
-
Dividends
137 404
161 550
-
-
withholding
6 870
8 078
-
-
total
6 870
8 078
-
-
Income
179 500
179 500
179 500
179 500
Total tax
32 028
26 028
29 002
36 108
After tax
147 472
153 472
150 498
143 392
Living cost
16 938
16 938
16 938
16 938
Free-cash
130 534
136 534
133 560
126 454

Estimated living cost  is ₽16938 per week

₽11203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68005
₽76267
₽56876
₽55520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
179 500
surtax

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

-
-
-
3 122
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.

-
-
-
6 519
income

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

-
-
-
56 751
trade
-
-
-
19 391
total
-
-
-
85 783
Employee

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

47 480
-
179 500
-
income

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

3 904
-
56 751
-
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.

215
-
3 122
-
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.

6 519
-
6 519
-
total
10 638
-
66 392
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
132 020
179 500
-
-
surtax

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

1 088
1 481
-
-
chamber of commerce
339
407
-
-
income
19 804
26 924
-
-
trade
18 945
25 758
-
-
total
40 176
54 570
-
-
Dividends
91 844
124 929
-
-
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.

1 242
1 699
-
-
withholding
22 598
30 870
-
-
total
23 840
32 569
-
-
Income
179 500
179 500
179 500
179 500
Total tax
74 654
87 139
66 392
85 783
After tax
104 846
92 361
113 108
93 717
Living cost
36 841
36 841
36 841
36 841
Free-cash
68 005
55 520
76 267
56 876

Estimated living cost  is ₽36841 per week

₽25414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6928
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73398
₽38902
₽38902
₽71291
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
income
-
-
-
56 027
social contributions
-
-
-
30 212
total
-
-
-
86 239
Employee
74 644
-
179 500
-
income
14 085
-
56 027
-
social contributions
6 201
-
30 212
-
total
20 286
-
86 239
-
Employer
74 644
-
179 500
-
total
-
-
-
-
Corporate
104 856
179 500
-
-
income
13 107
22 437
-
-
total
13 107
22 437
-
-
Dividends
91 749
157 063
-
-
withholding
18 350
31 413
-
-
total
18 350
31 413
-
-
Income
179 500
179 500
179 500
179 500
Total tax
51 743
53 850
86 239
86 239
After tax
127 757
125 650
93 261
93 261
Living cost
54 359
54 359
54 359
54 359
Free-cash
73 398
71 291
38 902
38 902

Estimated living cost  is ₽54359 per week

₽41355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4429
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80328
₽92291
₽111647
₽76994
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
179 500
health

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

-
-
-
6 050
income
-
-
-
27 163
total
-
-
-
33 213
Employee
43 776
-
175 110
-
income
4 750
-
43 789
-
social contributions
4 386
-
4 390
-
total
9 136
-
48 179
-
Employer
43 776
-
175 110
-
social contributions
4 386
-
4 390
-
total
4 386
-
4 390
-
Corporate
131 338
179 500
-
-
income
45 969
62 825
-
-
total
45 969
62 825
-
-
Dividends
85 369
116 675
-
-
social contributions
5 041
5 041
-
-
total
5 041
5 041
-
-
Income
179 500
179 500
179 500
179 500
Total tax
64 532
67 866
52 569
33 213
After tax
114 968
111 634
126 931
146 287
Living cost
34 640
34 640
34 640
34 640
Free-cash
80 328
76 994
92 291
111 647

Estimated living cost  is ₽34640 per week

₽22817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86315
₽66223
₽82420
₽80590
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
pensions
-
-
-
8 885
income
-
-
-
52 272
total
-
-
-
61 157
Employee
49 310
-
156 718
-
income
8 980
-
41 474
-
pensions
3 764
-
10 861
-
health
643
-
2 237
-
total
13 387
-
54 572
-
Employer
49 310
-
156 718
-
health
937
-
2 978
-
pensions
4 982
-
19 804
-
total
5 919
-
22 782
-
Corporate
124 271
179 500
-
-
income

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

23 612
34 104
-
-
total
23 612
34 104
-
-
Dividends
100 659
145 396
-
-
withholding
14 344
28 883
-
-
total
14 344
28 883
-
-
Income
179 500
179 500
179 500
179 500
Total tax
57 262
62 987
77 354
61 157
After tax
122 238
116 513
102 146
118 343
Living cost
35 923
35 923
35 923
35 923
Free-cash
86 315
80 590
66 223
82 420

Estimated living cost  is ₽35923 per week

₽24643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽11117
₽75692
₽100338
-₽7777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
accident
-
-
-
237
pensions
-
-
-
3 898
health
-
-
-
2 043
income
-
-
-
50 320
other
-
-
-
347
total
-
-
-
56 845
Employee
35 106
-
162 484
-
income
4 816
-
38 722
-
pensions
3 953
-
7 148
-
health
4 019
-
18 605
-
total
12 788
-
64 475
-
Employer
35 106
-
162 484
-
accident
586
-
2 714
-
unemployment
860
-
3 981
-
pensions
5 708
-
10 321
-
total
7 154
-
17 016
-
Corporate
137 240
179 500
-
-
income

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

123 516
161 550
-
-
total
123 516
161 550
-
-
Dividends
13 724
17 950
-
-
withholding
2 608
3 410
-
-
total
2 608
3 410
-
-
Income
179 500
179 500
179 500
179 500
Total tax
146 066
164 960
81 491
56 845
After tax
33 434
14 540
98 009
122 655
Living cost
22 317
22 317
22 317
22 317
Free-cash
11 117
-7 777
75 692
100 338

Estimated living cost  is ₽22317 per week

₽16378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133704
₽115875
₽94902
₽124435
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
179 500
unemployment
-
-
-
1 830
pensions
-
-
-
28 066
income
-
-
-
29 769
health insurance
-
-
-
11 287
work injury
-
-
-
763
total
-
-
-
71 715
Employee

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

20 613
-
179 500
-
income
2 061
-
29 769
-
pensions
3 793
-
14 033
-
health insurance
1 525
-
5 644
-
unemployment
247
-
915
-
work injury
103
-
381
-
total
7 729
-
50 742
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
158 887
179 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

1 589
17 950
-
-
total
1 589
17 950
-
-
Dividends
157 298
161 550
-
-
withholding
23 595
24 232
-
-
total
23 595
24 232
-
-
Income
179 500
179 500
179 500
179 500
Total tax
32 913
42 182
50 742
71 715
After tax
146 587
137 318
128 758
107 785
Living cost
12 883
12 883
12 883
12 883
Free-cash
133 704
124 435
115 875
94 902

Estimated living cost  is ₽12883 per week

₽7981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52194
₽37099
₽44978
₽56533
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
national
-
-
-
45 015
regional
-
-
-
4 124
municipal
-
-
-
1 201
social contributions
-
-
-
46 167
total
-
-
-
96 507
Employee
80 412
-
179 500
-
regional
1 214
-
3 661
-
national
13 589
-
39 128
-
social contributions
27 114
-
60 527
-
municipal
480
-
1 070
-
total
42 397
-
104 386
-
Employer
80 412
-
179 500
-
total
-
-
-
-
Corporate
99 088
179 500
-
-
nationa
23 780
43 081
-
-
municipal
4 775
8 652
-
-
total
28 555
51 733
-
-
Dividends
70 533
127 767
-
-
withholding
18 339
33 219
-
-
total
18 339
33 219
-
-
Income
179 500
179 500
179 500
179 500
Total tax
89 291
84 952
104 386
96 507
After tax
90 209
94 548
75 114
82 993
Living cost
38 015
38 015
38 015
38 015
Free-cash
52 194
56 533
37 099
44 978

Estimated living cost  is ₽38015 per week

₽26703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2615
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.
₽8122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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