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
₽72166
₽61608
₽84203
₽62921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
21 282
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.

-
-
-
56 749
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.

-
-
-
6 520
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.

-
-
-
3 121
total
-
-
-
87 672
Employee

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

36 503
-
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.

56
-
3 121
-
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.

6 520
-
6 520
-
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
-
56 749
-
total
7 596
-
66 390
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
142 997
179 500
-
-
trade
22 521
28 271
-
-
income
21 449
26 926
-
-
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
350
402
-
-
total
45 499
57 080
-
-
Dividends
97 498
122 419
-
-
withholding
24 012
30 242
-
-
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
1 663
-
-
total
25 332
31 905
-
-
Income
179 500
179 500
179 500
179 500
Total tax
78 427
88 985
66 390
87 672
After tax
101 073
90 515
113 110
91 828
Living cost
28 907
28 907
28 907
28 907
Free-cash
72 166
61 608
84 203
62 921

Estimated living cost  is ₽28907 per week

₽18184
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
₽62019
₽62837
₽56853
₽55889
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
1 930
pensions
-
-
-
21 540
municipal
-
-
-
19 725
national
-
-
-
31 245
total
-
-
-
74 440
Employee
76 224
-
155 176
-
national
14 589
-
32 767
-
municipal
9 415
-
20 420
-
pensions
3 049
-
6 207
-
total
27 053
-
59 394
-
Employer
76 224
-
155 176
-
pensions
6 098
-
12 414
-
social contributions
819
-
1 668
-
total
6 917
-
14 082
-
Corporate
91 328
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%.

18 266
35 900
-
-
total
18 266
35 900
-
-
Dividends
73 062
143 600
-
-
withholding
16 074
31 592
-
-
total
16 074
31 592
-
-
Income
179 500
179 500
179 500
179 500
Total tax
68 310
67 492
73 476
74 440
After tax
111 190
112 008
106 024
105 060
Living cost
49 171
49 171
49 171
49 171
Free-cash
62 019
62 837
56 853
55 889

Estimated living cost  is ₽49171 per week

₽33421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽736
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10443
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115916
₽123745
₽56338
₽43066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
36 566
income
-
-
-
34 241
microenterprise
-
-
-
-
surtax
-
-
-
45 772
total
-
-
-
116 579
Employee
27 887
-
137 026
-
surtax
-
-
19 868
-
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
-
12 511
-
income
4 964
-
28 456
-
total
8 032
-
60 835
-
Employer
27 887
-
137 026
-
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
-
27 400
-
surtax
-
-
15 072
-
total
6 717
-
42 472
-
Corporate
144 895
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
35 900
-
-
total
28 980
35 900
-
-
Dividends

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

115 916
143 600
-
-
total
-
-
-
-
Income
179 500
179 500
179 500
179 500
Total tax
43 729
35 900
103 307
116 579
After tax
135 771
143 600
76 193
62 921
Living cost
19 855
19 855
19 855
19 855
Free-cash
115 916
123 745
56 338
43 066

Estimated living cost  is ₽19855 per week

₽12667
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.
₽4847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43211
₽49059
₽73401
₽58326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 243
pensions
-
-
-
11 182
health
-
-
-
11 769
total
-
-
-
81 194
Employee
81 500
81 500
161 764
-
health
12 509
10 640
11 769
-
pensions
14 670
11 182
11 182
-
income

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

13 340
13 340
25 431
-
total
40 519
35 162
48 382
-
Employer
81 500
81 500
161 764
-
pensions
5 672
5 672
7 051
-
unemployment
2 934
2 934
3 646
-
health
5 665
5 665
7 040
-
total
14 271
14 271
17 737
-
Corporate
84 728
83 729
-
-
income
16 947
16 746
-
-
total
16 947
16 746
-
-
Dividends
67 782
66 983
-
-
withholding
10 168
10 048
-
-
income
14 404
14 234
-
-
total
24 572
24 282
-
-
Income
179 500
179 500
179 500
179 500
Total tax
96 309
90 461
66 119
81 194
After tax
83 191
89 039
113 381
98 306
Living cost
39 980
39 980
39 980
39 980
Free-cash
43 211
49 059
73 401
58 326

Estimated living cost  is ₽39980 per week

₽28333
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
₽57187
₽58084
₽51080
₽52048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
10 167
unemployment
-
-
-
88
pensions
-
-
-
9 459
municipal
-
-
-
45 968
accident
-
-
-
175
national
-
-
-
16 212
health
-
-
-
5 460
total
-
-
-
87 529
Employee
56 887
-
152 008
-
national
-
-
15 676
-
municipal
16 964
-
45 329
-
total
16 964
-
61 005
-
Employer
56 887
-
152 008
-
other
6 610
-
10 167
-
accident
114
-
175
-
pensions
6 149
-
9 459
-
unemployment
1 502
-
2 310
-
health
3 499
-
5 381
-
total
17 874
-
27 492
-
Corporate
104 739
179 500
-
-
income
23 043
39 490
-
-
total
23 043
39 490
-
-
Dividends
81 696
140 010
-
-
withholding
24 509
42 003
-
-
total
24 509
42 003
-
-
Income
179 500
179 500
179 500
179 500
Total tax
82 390
81 493
88 497
87 529
After tax
97 110
98 007
91 003
91 971
Living cost
39 923
39 923
39 923
39 923
Free-cash
57 187
58 084
51 080
52 048

Estimated living cost  is ₽39923 per week

₽26460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65510
₽52098
₽75618
₽53390
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
22 228
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.

-
-
-
56 749
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.

-
-
-
6 520
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.

-
-
-
3 121
total
-
-
-
88 618
Employee

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

48 398
-
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.

228
-
3 121
-
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.

6 520
-
6 520
-
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
-
56 749
-
total
10 906
-
66 390
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
131 102
179 500
-
-
trade
21 567
29 528
-
-
income
19 665
26 926
-
-
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
-
-
total
42 644
58 335
-
-
Dividends
88 457
121 164
-
-
withholding
21 751
29 929
-
-
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.

1 197
1 646
-
-
total
22 948
31 575
-
-
Income
179 500
179 500
179 500
179 500
Total tax
76 498
89 910
66 390
88 618
After tax
103 002
89 590
113 110
90 882
Living cost
37 492
37 492
37 492
37 492
Free-cash
65 510
52 098
75 618
53 390

Estimated living cost  is ₽37492 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3954
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.
₽7904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95998
₽99955
₽89614
₽91163
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
15 442
income
-
-
-
37 363
health
-
-
-
4 577
total
-
-
-
57 382
Employee
73 387
73 387
168 173
-
health
730
1 248
2 860
-
social contributions
3 566
6 091
8 215
-
income
7 706
6 793
36 530
-
total
12 002
14 132
47 605
-
Employer
73 387
73 387
168 173
-
social contributions
3 566
6 091
8 215
-
health
795
1 358
3 111
-
total
4 361
7 449
11 326
-
Corporate
132 181
98 664
-
-
income
16 523
12 334
-
-
total
16 523
12 334
-
-
Dividends
115 659
86 330
-
-
withholding
19 661
14 675
-
-
total
19 661
14 675
-
-
Income
179 500
179 500
179 500
179 500
Total tax
52 547
48 590
58 931
57 382
After tax
126 953
130 910
120 569
122 118
Living cost
30 955
30 955
30 955
30 955
Free-cash
95 998
99 955
89 614
91 163

Estimated living cost  is ₽30955 per week

₽21161
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.
₽6857
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83428
₽83059
₽86298
₽106589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
21 944
pensions
-
-
-
17 950
health
-
-
-
12 565
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.

25 636
10 203
150 209
-
unemployment
385
153
2 253
-
health
1 795
714
10 515
-
pensions
2 564
1 020
15 021
-
income
3 134
1 247
18 363
-
total
7 878
3 134
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.

25 636
10 203
150 209
-
pensions
4 999
1 990
29 291
-
total
4 999
1 990
29 291
-
Corporate
148 865
167 308
-
-
income
13 398
15 058
-
-
total
13 398
15 058
-
-
Dividends
135 467
152 250
-
-
withholding
25 739
28 927
-
-
social contributions
26 299
29 572
-
-
total
52 038
58 499
-
-
Income
179 500
179 500
179 500
179 500
Total tax
78 313
78 681
75 443
55 151
After tax
101 187
100 819
104 057
124 349
Living cost
17 760
17 760
17 760
17 760
Free-cash
83 428
83 059
86 298
106 589

Estimated living cost  is ₽17760 per week

₽12119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1453
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽355
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114619
₽120548
₽80411
₽73161
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 053
pensions
-
-
-
35 900
health
-
-
-
23 334
total
-
-
-
83 287
Employee
27 074
-
134 153
-
unemployment
433
-
2 146
-
pensions
542
-
2 682
-
income
3 048
-
25 864
-
total
4 023
-
30 692
-
Employer
27 074
-
134 153
-
pensions
5 415
-
26 832
-
unemployment
217
-
1 074
-
health
3 519
-
17 439
-
total
9 151
-
45 345
-
Corporate
143 274
179 500
-
-
income
28 655
35 900
-
-
total
28 655
35 900
-
-
Dividends
114 619
143 600
-
-
total
-
-
-
-
Income
179 500
179 500
179 500
179 500
Total tax
41 829
35 900
76 037
83 287
After tax
137 671
143 600
103 463
96 213
Living cost
23 052
23 052
23 052
23 052
Free-cash
114 619
120 548
80 411
73 161

Estimated living cost  is ₽23052 per week

₽15811
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
₽11244
-₽6933
₽76293
₽101206
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
362
income
-
-
-
50 023
pensions
-
-
-
4 061
accident
-
-
-
246
health
-
-
-
2 129
total
-
-
-
56 821
Employee
33 778
-
162 069
-
health
3 868
-
18 557
-
pensions
3 804
-
7 447
-
income
4 634
-
38 299
-
total
12 306
-
64 303
-
Employer
33 778
-
162 069
-
accident
564
-
2 707
-
pensions
5 493
-
10 753
-
unemployment
828
-
3 971
-
total
6 885
-
17 431
-
Corporate
138 838
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.

124 954
161 550
-
-
total
124 954
161 550
-
-
Dividends
13 884
17 950
-
-
withholding
2 638
3 410
-
-
total
2 638
3 410
-
-
Income
179 500
179 500
179 500
179 500
Total tax
146 783
164 960
81 734
56 821
After tax
32 717
14 540
97 766
122 679
Living cost
21 473
21 473
21 473
21 473
Free-cash
11 244
-6 933
76 293
101 206

Estimated living cost  is ₽21473 per week

₽15738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161227
₽162695
₽135770
₽169875
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 788
-
179 500
-
income
1 957
-
35 900
-
total
1 957
-
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%.

169 712
179 500
-
-
total
-
-
-
-
Dividends
169 712
179 500
-
-
withholding
8 486
8 975
-
-
total
8 486
8 975
-
-
Income
179 500
179 500
179 500
179 500
Total tax
10 443
8 975
35 900
1 795
After tax
169 057
170 525
143 600
177 705
Living cost
7 830
7 830
7 830
7 830
Free-cash
161 227
162 695
135 770
169 875

Estimated living cost  is ₽7830 per week

₽4853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100003
₽106448
₽76031
₽77151
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
6 893
income
-
-
-
28 809
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.

-
-
-
34 831
health
-
-
-
6 386
total
-
-
-
76 919
Employee
34 652
-
143 370
-
unemployment
346
-
1 434
-
health
485
-
2 007
-
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
-
10 035
-
income
5 966
-
28 434
-
total
9 222
-
41 910
-
Employer
34 652
-
143 370
-
other
1 733
-
7 168
-
accident
277
-
1 146
-
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.

5 892
-
24 374
-
unemployment
346
-
1 434
-
health
485
-
2 007
-
total
8 733
-
36 129
-
Corporate
136 114
179 500
-
-
income
28 585
37 695
-
-
total
28 585
37 695
-
-
Dividends
107 530
141 805
-
-
withholding
7 527
9 927
-
-
total
7 527
9 927
-
-
Income
179 500
179 500
179 500
179 500
Total tax
54 067
47 622
78 039
76 919
After tax
125 433
131 878
101 461
102 581
Living cost
25 430
25 430
25 430
25 430
Free-cash
100 003
106 448
76 031
77 151

Estimated living cost  is ₽25430 per week

₽17968
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.
₽5336
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57925
₽52661
₽38413
₽54594
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 595
pensions
-
-
-
8 790
total
-
-
-
61 385
Employee
89 873
-
156 692
-
health
1 481
-
2 224
-
pensions
8 670
-
10 723
-
income
16 201
-
41 810
-
total
26 352
-
54 757
-
Employer
89 873
-
156 692
-
pensions
10 611
-
19 832
-
health
1 707
-
2 977
-
total
12 318
-
22 809
-
Corporate
77 309
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.

14 688
34 106
-
-
total
14 688
34 106
-
-
Dividends
62 620
145 394
-
-
withholding
4 696
29 212
-
-
total
4 696
29 212
-
-
Income
179 500
179 500
179 500
179 500
Total tax
58 054
63 318
77 566
61 385
After tax
121 446
116 182
101 934
118 115
Living cost
63 521
63 521
63 521
63 521
Free-cash
57 925
52 661
38 413
54 594

Estimated living cost  is ₽63521 per week

₽47598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽136476
₽140921
₽138252
₽131096
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
134
income
-
-
-
26 925
pensions

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

-
-
-
4 949
health
-
-
-
3 845
total
-
-
-
35 853
Employee
16 619
-
172 940
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
health
764
-
1 538
-
pensions

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

1 459
-
2 936
-
income
1 662
-
17 294
-
total
4 068
-
22 136
-
Employer
16 619
-
172 940
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
pensions

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

1 832
-
3 685
-
unemployment
99
-
201
-
health
1 147
-
2 307
-
total
3 261
-
6 561
-
Corporate
159 620
179 500
-
-
income
15 962
17 950
-
-
total
15 962
17 950
-
-
Dividends
143 658
161 550
-
-
withholding
7 182
8 078
-
-
total
7 182
8 078
-
-
Income
179 500
179 500
179 500
179 500
Total tax
30 473
26 028
28 697
35 853
After tax
149 027
153 472
150 803
143 647
Living cost
12 551
12 551
12 551
12 551
Free-cash
136 476
140 921
138 252
131 096

Estimated living cost  is ₽12551 per week

₽7327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽333
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38517
₽36117
₽60459
₽45384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 243
pensions
-
-
-
11 182
health
-
-
-
11 769
total
-
-
-
81 194
Employee
88 483
81 500
161 764
-
health
11 039
10 640
11 769
-
pensions
11 182
11 182
11 182
-
income

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

13 340
13 340
25 431
-
total
35 561
35 162
48 382
-
Employer
88 483
81 500
161 764
-
pensions
6 158
5 672
7 051
-
unemployment
3 186
2 934
3 646
-
health
6 149
5 665
7 040
-
total
15 493
14 271
17 737
-
Corporate
75 525
83 729
-
-
income
15 105
16 746
-
-
total
15 105
16 746
-
-
Dividends
60 420
66 983
-
-
withholding
9 063
10 048
-
-
income
12 839
14 234
-
-
total
21 902
24 282
-
-
Income
179 500
179 500
179 500
179 500
Total tax
88 061
90 461
66 119
81 194
After tax
91 439
89 039
113 381
98 306
Living cost
52 922
52 922
52 922
52 922
Free-cash
38 517
36 117
60 459
45 384

Estimated living cost  is ₽52922 per week

₽39038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4727
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.
₽8550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91206
₽99720
₽70884
₽78688
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
34 342
income
-
-
-
18 139
health
-
-
-
24 233
solidarity contribution
-
-
-
232
total
-
-
-
76 946
Employee
35 096
-
137 704
-
solidarity contribution
-
-
-
-
health
4 738
-
18 590
-
social contributions
2 281
-
7 645
-
income
4 212
-
16 720
-
total
11 231
-
42 955
-
Employer
35 096
-
137 704
-
social contributions
8 774
-
29 402
-
health
3 159
-
12 393
-
total
11 933
-
41 795
-
Corporate
132 471
179 500
-
-
income
25 169
34 105
-
-
total
25 169
34 105
-
-
Dividends
107 301
145 395
-
-
withholding
16 095
21 809
-
-
total
16 095
21 809
-
-
Income
179 500
179 500
179 500
179 500
Total tax
64 428
55 914
84 750
76 946
After tax
115 072
123 586
94 750
102 554
Living cost
23 866
23 866
23 866
23 866
Free-cash
91 206
99 720
70 884
78 688

Estimated living cost  is ₽23866 per week

₽16577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50516
₽55499
₽36742
₽44852
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 130
social contributions
-
-
-
46 167
municipal
-
-
-
1 067
national
-
-
-
45 013
total
-
-
-
94 377
Employee
84 819
-
179 500
-
national
14 697
-
39 125
-
regional
800
-
1 882
-
municipal
449
-
953
-
social contributions
28 601
-
60 527
-
total
44 547
-
102 487
-
Employer
84 819
-
179 500
-
total
-
-
-
-
Corporate
94 681
179 500
-
-
nationa
22 724
43 081
-
-
municipal
3 693
7 000
-
-
total
26 417
50 081
-
-
Dividends
68 264
129 419
-
-
withholding
17 749
33 649
-
-
total
17 749
33 649
-
-
Income
179 500
179 500
179 500
179 500
Total tax
88 713
83 730
102 487
94 377
After tax
90 787
95 770
77 013
85 123
Living cost
40 271
40 271
40 271
40 271
Free-cash
50 516
55 499
36 742
44 852

Estimated living cost  is ₽40271 per week

₽28072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2641
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.
₽8940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88875
₽91846
₽57898
₽63732
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
51 742
pensions
-
-
-
25 475
health
-
-
-
9 043
surtax
-
-
-
8 231
total
-
-
-
94 708
Employee
31 561
-
152 688
-
surtax
103
-
7 089
-
unemployment
2 197
-
8 865
-
other
-
-
-
-
health
806
-
3 247
-
pensions
2 105
-
8 496
-
income
5 290
-
46 033
-
total
10 501
-
73 730
-
Employer
31 561
-
152 688
-
other
-
-
-
-
pensions
4 207
-
16 979
-
unemployment
1 000
-
4 037
-
health
1 436
-
5 796
-
total
6 643
-
26 812
-
Corporate
141 296
179 500
-
-
income
36 737
46 670
-
-
total
36 737
46 670
-
-
Dividends
104 560
132 830
-
-
withholding
15 684
19 924
-
-
total
15 684
19 924
-
-
Income
179 500
179 500
179 500
179 500
Total tax
69 565
66 594
100 542
94 708
After tax
109 935
112 906
78 958
84 792
Living cost
21 060
21 060
21 060
21 060
Free-cash
88 875
91 846
57 898
63 732

Estimated living cost  is ₽21060 per week

₽12877
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.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79064
₽72786
₽58538
₽74719
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 595
pensions
-
-
-
8 790
total
-
-
-
61 385
Employee
60 231
-
156 692
-
health
874
-
2 224
-
pensions
5 112
-
10 723
-
income
10 848
-
41 810
-
total
16 834
-
54 757
-
Employer
60 231
-
156 692
-
pensions
6 520
-
19 832
-
health
1 144
-
2 977
-
total
7 664
-
22 809
-
Corporate
111 605
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.

21 204
34 106
-
-
total
21 204
34 106
-
-
Dividends
90 401
145 394
-
-
withholding
11 338
29 212
-
-
total
11 338
29 212
-
-
Income
179 500
179 500
179 500
179 500
Total tax
57 040
63 318
77 566
61 385
After tax
122 460
116 182
101 934
118 115
Living cost
43 396
43 396
43 396
43 396
Free-cash
79 064
72 786
58 538
74 719

Estimated living cost  is ₽43396 per week

₽32512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽38709
₽6275
₽60888
₽69012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
city
-
-
-
1 892
regional
-
-
-
9 044
pensions
-
-
-
16 514
national
-
-
-
3 239
health
-
-
-
403
total
-
-
-
34 682
Employee
88 713
-
160 661
-
national
420
-
2 364
-
unemployment
-
-
-
-
city
952
-
1 725
-
regional
2 905
-
7 788
-
health
201
-
362
-
pensions
7 453
-
13 496
-
total
11 931
-
25 735
-
Employer
88 713
-
160 661
-
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.

1 774
-
3 213
-
pensions
7 453
-
13 496
-
unemployment
-
-
-
-
health
201
-
362
-
total
9 428
-
17 071
-
Corporate
80 385
179 500
-
-
regional
17 001
37 964
-
-
national
6 832
15 257
-
-
total
23 833
53 221
-
-
Dividends
56 552
126 279
-
-
withholding
19 793
44 198
-
-
total
19 793
44 198
-
-
Income
179 500
179 500
179 500
179 500
Total tax
64 985
97 419
42 806
34 682
After tax
114 515
82 081
136 694
144 818
Living cost
75 806
75 806
75 806
75 806
Free-cash
38 709
6 275
60 888
69 012

Estimated living cost  is ₽75806 per week

₽49296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6803
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽931
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽60426
₽44949
₽69390
₽46215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
23 175
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.

-
-
-
56 749
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.

-
-
-
6 520
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.

-
-
-
3 121
total
-
-
-
89 565
Employee

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

57 356
-
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.

371
-
3 121
-
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.

6 520
-
6 520
-
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.

6 745
-
56 749
-
total
13 636
-
66 390
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
122 144
179 500
-
-
trade
20 947
30 783
-
-
income
18 321
26 926
-
-
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
-
-
total
40 592
59 588
-
-
Dividends
81 551
119 911
-
-
withholding
20 025
29 615
-
-
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
-
-
total
21 126
31 243
-
-
Income
179 500
179 500
179 500
179 500
Total tax
75 354
90 831
66 390
89 565
After tax
104 146
88 669
113 110
89 935
Living cost
43 720
43 720
43 720
43 720
Free-cash
60 426
44 949
69 390
46 215

Estimated living cost  is ₽43720 per week

₽31932
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.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63453
₽57815
₽64691
₽68317
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
5 564
social contributions
-
-
-
5 115
income
-
-
-
28 986
pensions
-
-
-
30 921
health
-
-
-
7 945
surtax
-
-
-
-
total
-
-
-
78 531
Employee
40 846
-
138 457
-
surtax
-
-
-
-
pensions
4 618
-
9 822
-
social contributions
1 165
-
3 946
-
income
2 411
-
27 345
-
total
8 194
-
41 113
-
Employer
40 846
-
138 457
-
other
1 409
-
5 483
-
pensions
6 710
-
16 500
-
unemployment
1 654
-
5 607
-
social contributions
123
-
415
-
health
2 860
-
13 039
-
total
12 756
-
41 044
-
Corporate
125 899
179 500
-
-
income
35 251
50 260
-
-
surtax
-
-
-
-
total
35 251
50 260
-
-
Dividends
90 647
129 240
-
-
withholding
11 602
16 543
-
-
social contributions
15 592
22 230
-
-
surtax
-
-
-
-
total
27 194
38 773
-
-
Income
179 500
179 500
179 500
179 500
Total tax
83 395
89 033
82 157
78 531
After tax
96 105
90 467
97 343
100 969
Living cost
32 652
32 652
32 652
32 652
Free-cash
63 453
57 815
64 691
68 317

Estimated living cost  is ₽32652 per week

₽20589
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.
₽8855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66352
₽61050
₽67926
₽71552
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
5 564
social contributions
-
-
-
5 115
income
-
-
-
28 986
pensions
-
-
-
30 921
health
-
-
-
7 945
surtax
-
-
-
-
total
-
-
-
78 531
Employee
36 461
-
138 457
-
surtax
-
-
-
-
pensions
4 124
-
9 822
-
social contributions
1 040
-
3 946
-
income
1 880
-
27 345
-
total
7 044
-
41 113
-
Employer
36 461
-
138 457
-
other
1 259
-
5 483
-
pensions
5 991
-
16 500
-
unemployment
1 476
-
5 607
-
social contributions
109
-
415
-
health
2 552
-
13 039
-
total
11 387
-
41 044
-
Corporate
131 653
179 500
-
-
income
36 863
50 260
-
-
surtax
-
-
-
-
total
36 863
50 260
-
-
Dividends
94 790
129 240
-
-
withholding
12 133
16 543
-
-
social contributions
16 304
22 230
-
-
surtax
-
-
-
-
total
28 437
38 773
-
-
Income
179 500
179 500
179 500
179 500
Total tax
83 731
89 033
82 157
78 531
After tax
95 769
90 467
97 343
100 969
Living cost
29 417
29 417
29 417
29 417
Free-cash
66 352
61 050
67 926
71 552

Estimated living cost  is ₽29417 per week

₽17061
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.
₽8811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89772
₽89274
₽91002
₽95037
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
24 771
income
-
-
-
26 926
health
-
-
-
12 529
total
-
-
-
64 226
Employee
32 359
-
179 500
-
health
2 258
-
12 529
-
social contributions
4 466
-
24 771
-
income
5 397
-
30 961
-
total
12 121
-
68 261
-
Employer
32 359
-
179 500
-
total
-
-
-
-
Corporate
147 141
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%.

7 357
8 976
-
-
total
7 357
8 976
-
-
Dividends
139 784
170 524
-
-
health
9 756
11 903
-
-
withholding
20 967
25 578
-
-
social contributions
19 290
23 532
-
-
total
50 013
61 013
-
-
Income
179 500
179 500
179 500
179 500
Total tax
69 491
69 989
68 261
64 226
After tax
110 009
109 511
111 239
115 274
Living cost
20 237
20 237
20 237
20 237
Free-cash
89 772
89 274
91 002
95 037

Estimated living cost  is ₽20237 per week

₽13543
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.
₽4979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64102
₽65581
₽13802
₽58530
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
717
unemployment
-
-
-
5 854
income
-
-
-
51 426
pensions
-
-
-
20 627
health
-
-
-
8 529
surtax
-
-
-
188
total
-
-
-
87 341
Employee
47 695
38 033
144 794
-
unemployment
1 431
1 141
3 345
-
other
476
380
1 116
-
health
1 846
1 472
4 314
-
pensions
4 885
3 894
11 417
-
income
5 430
2 805
41 878
-
total
14 068
9 692
62 070
-
Employer
47 695
38 033
144 794
-
payroll
1 431
1 141
4 343
-
other
2 266
1 806
6 594
-
accident
619
494
1 449
-
pensions
5 986
4 774
13 993
-
unemployment
1 431
1 141
3 345
-
chamber of commerce
190
152
580
-
surtax
188
188
188
-
health
1 802
1 438
4 214
-
total
13 913
11 134
34 706
-
Corporate
117 892
130 332
141 172
-
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.

29 472
32 584
35 293
-
total
29 472
32 584
35 293
-
Dividends
88 419
97 748
-
-
withholding
24 316
26 880
-
-
total
24 316
26 880
-
-
Income
179 500
179 500
179 500
179 500
Total tax
81 769
80 290
132 069
87 341
After tax
97 731
99 210
47 431
92 159
Living cost
33 629
33 629
33 629
33 629
Free-cash
64 102
65 581
13 802
58 530

Estimated living cost  is ₽33629 per week

₽22429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2869
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.
₽7779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51254
₽65567
₽27767
₽43097
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
23 794
national
-
-
-
68 469
communal

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

-
-
-
9 342
total
-
-
-
101 605
Employee

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

68 267
-
139 027
-
national
20 988
-
51 044
-
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
-
6 534
-
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.

5 120
-
10 427
-
communal

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

3 561
-
7 252
-
total
33 470
-
76 467
-
Employer

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

68 267
-
139 027
-
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
-
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.

6 049
-
12 317
-
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
-
surtax
7 741
-
15 764
-
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
-
8 550
-
total
19 871
-
40 468
-
Corporate
91 361
179 500
-
-
income
18 272
35 900
-
-
surtax
366
717
-
-
total
18 638
36 617
-
-
Dividends
72 723
142 883
-
-
withholding

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

21 469
42 518
-
-
total
21 469
42 518
-
-
Income
179 500
179 500
179 500
179 500
Total tax
93 448
79 135
116 935
101 605
After tax
86 052
100 365
62 565
77 895
Living cost
34 798
34 798
34 798
34 798
Free-cash
51 254
65 567
27 767
43 097

Estimated living cost  is ₽34798 per week

₽22414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3043
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.
₽8797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78506
₽85043
₽62136
₽66140
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
89
unemployment
-
-
-
619
income
-
-
-
52 355
pensions
-
-
-
25 033
accident
-
-
-
797
total
-
-
-
78 893
Employee
47 506
-
151 299
-
unemployment
737
-
1 371
-
other
47
-
89
-
pensions
2 233
-
4 158
-
income
10 024
-
49 078
-
total
13 041
-
54 696
-
Employer
47 506
-
151 299
-
other
379
-
708
-
accident
940
-
1 751
-
pensions
11 211
-
20 877
-
unemployment
2 613
-
4 865
-
total
15 143
-
28 201
-
Corporate
116 851
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.

17 528
26 926
-
-
total
17 528
26 926
-
-
Dividends
99 323
152 574
-
-
withholding
20 815
33 064
-
-
total
20 815
33 064
-
-
Income
179 500
179 500
179 500
179 500
Total tax
66 527
59 990
82 897
78 893
After tax
112 973
119 510
96 603
100 607
Living cost
34 467
34 467
34 467
34 467
Free-cash
78 506
85 043
62 136
66 140

Estimated living cost  is ₽34467 per week

₽25381
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
₽39748
₽52328
₽42765
₽35607
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 756
pensions
-
-
-
26 904
accident
-
-
-
1 514
communal
-
-
-
11 345
health
-
-
-
12 611
surtax
-
-
-
8 898
total
-
-
-
92 028
Employee
72 274
-
160 338
-
surtax
4 430
-
9 827
-
health
3 217
-
7 134
-
pensions
5 781
-
12 826
-
income
6 981
-
35 924
-
total
20 409
-
65 711
-
Employer
72 274
-
160 338
-
accident
650
-
1 443
-
pensions
5 781
-
12 826
-
health
2 204
-
4 890
-
total
8 635
-
19 159
-
Corporate
98 591
179 500
-
-
income
14 788
26 926
-
-
communal
6 654
12 116
-
-
surtax
1 036
1 885
-
-
total
22 478
40 927
-
-
Dividends
76 113
138 573
-
-
withholding
11 417
20 786
-
-
income
24 948
13 594
-
-
total
36 365
34 380
-
-
Income
179 500
179 500
179 500
179 500
Total tax
87 887
75 307
84 870
92 028
After tax
91 613
104 193
94 630
87 472
Living cost
51 865
51 865
51 865
51 865
Free-cash
39 748
52 328
42 765
35 607

Estimated living cost  is ₽51865 per week

₽38906
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.
₽9266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88434
₽91470
₽57522
₽63356
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
51 742
pensions
-
-
-
25 475
health
-
-
-
9 043
surtax
-
-
-
8 231
total
-
-
-
94 708
Employee
32 140
-
152 688
-
surtax
114
-
7 089
-
unemployment
2 237
-
8 865
-
other
-
-
-
-
health
820
-
3 247
-
pensions
2 144
-
8 496
-
income
5 388
-
46 033
-
total
10 703
-
73 730
-
Employer
32 140
-
152 688
-
other
-
-
-
-
pensions
4 285
-
16 979
-
unemployment
1 020
-
4 037
-
health
1 462
-
5 796
-
total
6 767
-
26 812
-
Corporate
140 594
179 500
-
-
income
36 554
46 670
-
-
total
36 554
46 670
-
-
Dividends
104 040
132 830
-
-
withholding
15 606
19 924
-
-
total
15 606
19 924
-
-
Income
179 500
179 500
179 500
179 500
Total tax
69 630
66 594
100 542
94 708
After tax
109 870
112 906
78 958
84 792
Living cost
21 436
21 436
21 436
21 436
Free-cash
88 434
91 470
57 522
63 356

Estimated living cost  is ₽21436 per week

₽12942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1864
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.
₽6134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66522
₽68639
₽50771
₽58837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 707
social contributions
-
-
-
46 167
municipal
-
-
-
1 067
national
-
-
-
45 013
total
-
-
-
94 954
Employee
52 941
-
179 500
-
national
8 387
-
39 125
-
regional
713
-
2 415
-
municipal
281
-
953
-
social contributions
17 852
-
60 527
-
total
27 233
-
103 020
-
Employer
52 941
-
179 500
-
total
-
-
-
-
Corporate
126 559
179 500
-
-
nationa
30 374
43 081
-
-
municipal
6 290
8 922
-
-
total
36 664
52 003
-
-
Dividends
89 895
127 498
-
-
withholding
23 372
33 149
-
-
total
23 372
33 149
-
-
Income
179 500
179 500
179 500
179 500
Total tax
87 269
85 152
103 020
94 954
After tax
92 231
94 348
76 480
84 546
Living cost
25 709
25 709
25 709
25 709
Free-cash
66 522
68 639
50 771
58 837

Estimated living cost  is ₽25709 per week

₽15988
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.
₽6676
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83686
₽94177
₽65341
₽73145
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
34 342
income
-
-
-
18 139
health
-
-
-
24 233
solidarity contribution
-
-
-
232
total
-
-
-
76 946
Employee
43 248
-
137 704
-
solidarity contribution
-
-
-
-
health
5 838
-
18 590
-
social contributions
2 811
-
7 645
-
income
5 190
-
16 720
-
total
13 839
-
42 955
-
Employer
43 248
-
137 704
-
social contributions
10 812
-
29 402
-
health
3 892
-
12 393
-
total
14 704
-
41 795
-
Corporate
121 548
179 500
-
-
income
23 094
34 105
-
-
total
23 094
34 105
-
-
Dividends
98 454
145 395
-
-
withholding
14 768
21 809
-
-
total
14 768
21 809
-
-
Income
179 500
179 500
179 500
179 500
Total tax
66 405
55 914
84 750
76 946
After tax
113 095
123 586
94 750
102 554
Living cost
29 409
29 409
29 409
29 409
Free-cash
83 686
94 177
65 341
73 145

Estimated living cost  is ₽29409 per week

₽21870
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5401
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68392
₽68863
₽17030
₽61899
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
717
unemployment
-
-
-
5 854
income
-
-
-
51 426
pensions
-
-
-
20 627
health
-
-
-
8 529
surtax
-
-
-
-
total
-
-
-
87 153
Employee
41 719
38 033
144 969
-
unemployment
1 251
1 141
3 345
-
other
417
380
1 116
-
health
1 614
1 472
4 314
-
pensions
4 272
3 894
11 417
-
income
3 716
2 805
41 963
-
total
11 270
9 692
62 155
-
Employer
41 719
38 033
144 969
-
payroll
1 251
1 141
4 348
-
other
1 981
1 806
6 601
-
accident
542
494
1 449
-
pensions
5 236
4 774
13 993
-
unemployment
1 251
1 141
3 345
-
chamber of commerce
167
152
580
-
surtax
-
-
-
-
health
1 577
1 438
4 214
-
total
12 005
10 946
34 530
-
Corporate
125 776
130 520
141 347
-
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.

31 444
32 631
35 337
-
total
31 444
32 631
35 337
-
Dividends
94 331
97 890
-
-
withholding
25 941
26 920
-
-
total
25 941
26 920
-
-
Income
179 500
179 500
179 500
179 500
Total tax
80 660
80 189
132 022
87 153
After tax
98 840
99 311
47 478
92 347
Living cost
30 448
30 448
30 448
30 448
Free-cash
68 392
68 863
17 030
61 899

Estimated living cost  is ₽30448 per week

₽18265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3110
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.
₽8530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156035
₽158323
₽131398
₽165503
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 253
-
179 500
-
income
3 051
-
35 900
-
total
3 051
-
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%.

164 247
179 500
-
-
total
-
-
-
-
Dividends
164 247
179 500
-
-
withholding
8 212
8 975
-
-
total
8 212
8 975
-
-
Income
179 500
179 500
179 500
179 500
Total tax
11 263
8 975
35 900
1 795
After tax
168 237
170 525
143 600
177 705
Living cost
12 202
12 202
12 202
12 202
Free-cash
156 035
158 323
131 398
165 503

Estimated living cost  is ₽12202 per week

₽8257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
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.
₽3023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90003
₽97987
₽56738
₽61450
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
41 736
pensions
-
-
-
32 781
health
-
-
-
17 664
total
-
-
-
92 451
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.

42 203
-
155 316
-
unemployment
60
-
217
-
health
2 726
-
10 034
-
pensions
6 542
-
24 073
-
income
7 278
-
38 656
-
total
16 606
-
72 980
-
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.

42 203
-
155 316
-
pensions
3 735
-
13 746
-
unemployment
25
-
92
-
health
2 811
-
10 345
-
total
6 571
-
24 183
-
Corporate
130 727
179 500
-
-
income
24 838
34 105
-
-
total
24 838
34 105
-
-
Dividends
105 889
145 395
-
-
withholding
15 883
21 809
-
-
total
15 883
21 809
-
-
Income
179 500
179 500
179 500
179 500
Total tax
63 898
55 914
97 163
92 451
After tax
115 602
123 586
82 337
87 049
Living cost
25 599
25 599
25 599
25 599
Free-cash
90 003
97 987
56 738
61 450

Estimated living cost  is ₽25599 per week

₽17568
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.
₽5895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22509
₽67970
₽125689
₽82811
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
20 463
income
-
-
-
34 988
total
-
-
-
55 451
Employee
59 130
-
-
-
social contributions
4 849
-
691
-
income
13 043
-
-
-
total
17 892
-
691
-
Employer
59 130
-
-
-
social contributions
83 373
-
11 882
-
total
83 373
-
11 882
-
Corporate
36 997
179 500
-
-
income
8 139
39 490
-
-
total
8 139
39 490
-
-
Dividends
28 858
140 010
-
-
income
6 349
30 802
-
-
total
6 349
30 802
-
-
Income
179 500
179 500
179 500
179 500
Total tax
115 753
70 292
12 573
55 451
After tax
63 747
109 208
166 927
124 049
Living cost
41 238
41 238
41 238
41 238
Free-cash
22 509
67 970
125 689
82 811

Estimated living cost  is ₽41238 per week

₽26757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3878
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.
₽10077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71203
₽72164
₽51854
₽65465
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
62 376
income
-
-
-
21 723
surtax
-
-
-
-
total
-
-
-
84 099
Employee
43 894
-
145 051
-
surtax
-
-
-
-
social contributions
4 828
-
15 956
-
income
9 130
-
47 305
-
total
13 958
-
63 261
-
Employer
43 894
-
145 051
-
social contributions
10 425
-
34 449
-
total
10 425
-
34 449
-
Corporate
125 181
179 500
-
-
income
26 288
37 695
-
-
surtax
-
-
-
-
total
26 288
37 695
-
-
Dividends
98 893
141 805
-
-
withholding
27 690
39 705
-
-
total
27 690
39 705
-
-
Income
179 500
179 500
179 500
179 500
Total tax
78 361
77 400
97 710
84 099
After tax
101 139
102 100
81 790
95 401
Living cost
29 936
29 936
29 936
29 936
Free-cash
71 203
72 164
51 854
65 465

Estimated living cost  is ₽29936 per week

₽22398
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.
₽5272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50933
₽44372
₽51248
₽54874
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
5 564
social contributions
-
-
-
5 115
income
-
-
-
28 986
pensions
-
-
-
30 921
health
-
-
-
7 945
surtax
-
-
-
-
total
-
-
-
78 531
Employee
59 774
-
138 457
-
surtax
-
-
-
-
pensions
6 761
-
9 822
-
social contributions
1 702
-
3 946
-
income
5 215
-
27 345
-
total
13 678
-
41 113
-
Employer
59 774
-
138 457
-
other
2 063
-
5 483
-
pensions
9 822
-
16 500
-
unemployment
2 421
-
5 607
-
social contributions
179
-
415
-
health
4 184
-
13 039
-
total
18 669
-
41 044
-
Corporate
101 057
179 500
-
-
income
28 297
50 260
-
-
surtax
-
-
-
-
total
28 297
50 260
-
-
Dividends
72 760
129 240
-
-
withholding
9 313
16 543
-
-
social contributions
12 515
22 230
-
-
surtax
-
-
-
-
total
21 828
38 773
-
-
Income
179 500
179 500
179 500
179 500
Total tax
82 472
89 033
82 157
78 531
After tax
97 028
90 467
97 343
100 969
Living cost
46 095
46 095
46 095
46 095
Free-cash
50 933
44 372
51 248
54 874

Estimated living cost  is ₽46095 per week

₽31196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3771
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.
₽10495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129656
₽132862
₽107886
₽103117
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 206
social contributions
-
-
-
39 489
total
-
-
-
47 695
Employee
30 682
-
155 410
-
social contributions
1 994
-
10 101
-
income
-
-
8 735
-
total
1 994
-
18 836
-
Employer
30 682
-
155 410
-
social contributions
4 756
-
24 090
-
total
4 756
-
24 090
-
Corporate
144 062
179 500
-
-
income
14 406
17 950
-
-
total
14 406
17 950
-
-
Dividends
129 656
161 550
-
-
total
-
-
-
-
Income
179 500
179 500
179 500
179 500
Total tax
21 156
17 950
42 926
47 695
After tax
158 344
161 550
136 574
131 805
Living cost
28 688
28 688
28 688
28 688
Free-cash
129 656
132 862
107 886
103 117

Estimated living cost  is ₽28688 per week

₽18549
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.
₽7436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28141
-₽28141
-₽28141
₽59296
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
826
municipal
-
-
-
37 736
labour market
-
-
-
14 294
national
-
-
-
21 451
total
-
-
-
74 307
Employee
193 721
193 721
193 721
-
national
23 667
23 667
23 667
-
municipal
41 252
41 252
41 252
-
labour market
15 476
15 476
15 476
-
pensions
275
275
275
-
total
80 670
80 670
80 670
-
Employer
193 721
193 721
193 721
-
municipal
41 317
41 317
41 317
-
pensions
551
551
551
-
national
23 708
23 708
23 708
-
labour market
15 498
15 498
15 498
-
total
81 074
81 074
81 074
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
179 500
179 500
179 500
179 500
Total tax
161 744
161 744
161 744
74 307
After tax
17 756
17 756
17 756
105 193
Living cost
45 897
45 897
45 897
45 897
Free-cash
-28 141
-28 141
-28 141
59 296

Estimated living cost  is ₽45897 per week

₽31412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4060
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽706
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11294
-₽6616
₽76610
₽101523
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
362
income
-
-
-
50 023
pensions
-
-
-
4 061
accident
-
-
-
246
health
-
-
-
2 129
total
-
-
-
56 821
Employee
33 280
-
162 069
-
health
3 811
-
18 557
-
pensions
3 748
-
7 447
-
income
4 566
-
38 299
-
total
12 125
-
64 303
-
Employer
33 280
-
162 069
-
accident
556
-
2 707
-
pensions
5 411
-
10 753
-
unemployment
816
-
3 971
-
total
6 783
-
17 431
-
Corporate
139 437
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.

125 493
161 550
-
-
total
125 493
161 550
-
-
Dividends
13 944
17 950
-
-
withholding
2 649
3 410
-
-
total
2 649
3 410
-
-
Income
179 500
179 500
179 500
179 500
Total tax
147 050
164 960
81 734
56 821
After tax
32 450
14 540
97 766
122 679
Living cost
21 156
21 156
21 156
21 156
Free-cash
11 294
-6 616
76 610
101 523

Estimated living cost  is ₽21156 per week

₽15399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77803
₽75129
₽56799
₽77479
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
31 885
national
-
-
-
31 130
health
-
-
-
2 365
total
-
-
-
65 380
Employee
50 212
-
151 006
-
national
829
-
18 589
-
unemployment
753
-
2 266
-
health
375
-
1 927
-
municipal
8 224
-
24 591
-
pensions
3 389
-
10 193
-
total
13 570
-
57 566
-
Employer
50 212
-
151 006
-
accident
51
-
150
-
pensions
8 711
-
26 199
-
unemployment
326
-
982
-
health
386
-
1 163
-
total
9 474
-
28 494
-
Corporate
119 814
179 500
-
-
income
23 963
35 900
-
-
total
23 963
35 900
-
-
Dividends

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

71 889
107 700
-
-
municipal
12 940
19 386
-
-
national
5 109
12 444
-
-
total
18 049
31 830
-
-
Income
179 500
179 500
179 500
179 500
Total tax
65 056
67 730
86 060
65 380
After tax
114 444
111 770
93 440
114 120
Living cost
36 641
36 641
36 641
36 641
Free-cash
77 803
75 129
56 799
77 479

Estimated living cost  is ₽36641 per week

₽23934
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.
₽8601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103619
₽108814
₽98473
₽100022
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
15 442
income
-
-
-
37 363
health
-
-
-
4 577
total
-
-
-
57 382
Employee
73 387
73 387
168 173
-
health
569
1 248
2 860
-
social contributions
2 775
6 091
8 215
-
income
7 991
6 793
36 530
-
total
11 335
14 132
47 605
-
Employer
73 387
73 387
168 173
-
social contributions
2 775
6 091
8 215
-
health
618
1 358
3 111
-
total
3 393
7 449
11 326
-
Corporate
142 677
98 664
-
-
income
17 834
12 334
-
-
total
17 834
12 334
-
-
Dividends
124 843
86 330
-
-
withholding
21 223
14 675
-
-
total
21 223
14 675
-
-
Income
179 500
179 500
179 500
179 500
Total tax
53 785
48 590
58 931
57 382
After tax
125 715
130 910
120 569
122 118
Living cost
22 096
22 096
22 096
22 096
Free-cash
103 619
108 814
98 473
100 022

Estimated living cost  is ₽22096 per week

₽13243
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.
₽6198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128635
₽133491
₽117296
₽136437
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
18 358
pensions
-
-
-
6 071
health
-
-
-
3 454
total
-
-
-
27 910
Employee

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

21 906
-
170 173
-
unemployment
109
-
453
-
health
1 862
-
7 697
-
pensions
3 285
-
13 583
-
income
1 498
-
15 990
-
total
6 754
-
37 723
-
Employer

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

21 906
-
170 173
-
pensions
1 204
-
4 981
-
unemployment
109
-
453
-
health
942
-
3 894
-
total
2 255
-
9 328
-
Corporate
155 339
179 500
-
-
income
13 980
16 155
-
-
total
13 980
16 155
-
-
Dividends
141 359
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
47 051
27 910
After tax
143 788
148 644
132 449
151 590
Living cost
15 153
15 153
15 153
15 153
Free-cash
128 635
133 491
117 296
136 437

Estimated living cost  is ₽15153 per week

₽9668
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.
₽3941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89053
₽93266
₽70359
₽74363
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
89
unemployment
-
-
-
619
income
-
-
-
52 355
pensions
-
-
-
25 033
accident
-
-
-
797
total
-
-
-
78 893
Employee
35 289
-
151 299
-
unemployment
547
-
1 371
-
other
34
-
89
-
pensions
1 659
-
4 158
-
income
6 803
-
49 078
-
total
9 043
-
54 696
-
Employer
35 289
-
151 299
-
other
283
-
708
-
accident
699
-
1 751
-
pensions
8 327
-
20 877
-
unemployment
1 942
-
4 865
-
total
11 251
-
28 201
-
Corporate
132 960
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.

19 944
26 926
-
-
total
19 944
26 926
-
-
Dividends
113 017
152 574
-
-
withholding
23 965
33 064
-
-
total
23 965
33 064
-
-
Income
179 500
179 500
179 500
179 500
Total tax
64 203
59 990
82 897
78 893
After tax
115 297
119 510
96 603
100 607
Living cost
26 244
26 244
26 244
26 244
Free-cash
89 053
93 266
70 359
74 363

Estimated living cost  is ₽26244 per week

₽17714
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
₽109910
₽110207
₽113689
₽113816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
61 616
pensions
-
-
-
1 314
health
-
-
-
953
total
-
-
-
63 883
Employee
2 743
-
178 022
-
unemployment
27
-
66
-
health
137
-
328
-
pensions
247
-
591
-
income
531
-
61 547
-
total
942
-
62 532
-
Employer
2 743
-
178 022
-
pensions
302
-
723
-
unemployment
55
-
131
-
health
261
-
624
-
total
618
-
1 478
-
Corporate
176 139
179 500
-
-
income
38 751
39 490
-
-
total
38 751
39 490
-
-
Dividends
137 389
140 010
-
-
withholding
27 478
28 002
-
-
total
27 478
28 002
-
-
Income
179 500
179 500
179 500
179 500
Total tax
67 789
67 492
64 010
63 883
After tax
111 711
112 008
115 490
115 617
Living cost
1 801
1 801
1 801
1 801
Free-cash
109 910
110 207
113 689
113 816

Estimated living cost  is ₽1801 per week

₽1070
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108513
₽113202
₽95490
₽95488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 057
income
-
-
-
40 893
pensions
-
-
-
18 318
health
-
-
-
7 257
total
-
-
-
67 525
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.

24 861
-
166 889
-
unemployment
186
-
528
-
health
1 280
-
3 628
-
pensions
3 481
-
9 864
-
income
3 427
-
40 893
-
total
8 374
-
54 913
-
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.

24 861
-
166 889
-
pensions
2 983
-
8 454
-
unemployment
186
-
528
-
health
1 280
-
3 628
-
total
4 449
-
12 610
-
Corporate
150 189
179 500
-
-
income
22 528
26 925
-
-
total
22 528
26 925
-
-
Dividends
127 661
152 575
-
-
withholding
19 149
22 886
-
-
total
19 149
22 886
-
-
Income
179 500
179 500
179 500
179 500
Total tax
54 500
49 811
67 523
67 525
After tax
125 000
129 689
111 977
111 975
Living cost
16 487
16 487
16 487
16 487
Free-cash
108 513
113 202
95 490
95 488

Estimated living cost  is ₽16487 per week

₽11101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76026
₽76371
₽56061
₽69672
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
62 376
income
-
-
-
21 723
surtax
-
-
-
-
total
-
-
-
84 099
Employee
37 041
-
145 051
-
surtax
-
-
-
-
social contributions
4 075
-
15 956
-
income
7 238
-
47 305
-
total
11 313
-
63 261
-
Employer
37 041
-
145 051
-
social contributions
8 797
-
34 449
-
total
8 797
-
34 449
-
Corporate
133 662
179 500
-
-
income
28 069
37 695
-
-
surtax
-
-
-
-
total
28 069
37 695
-
-
Dividends
105 593
141 805
-
-
withholding
29 566
39 705
-
-
total
29 566
39 705
-
-
Income
179 500
179 500
179 500
179 500
Total tax
77 745
77 400
97 710
84 099
After tax
101 755
102 100
81 790
95 401
Living cost
25 729
25 729
25 729
25 729
Free-cash
76 026
76 371
56 061
69 672

Estimated living cost  is ₽25729 per week

₽18223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1788
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.
₽5263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79725
₽85969
₽63062
₽67066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
89
unemployment
-
-
-
619
income
-
-
-
52 355
pensions
-
-
-
25 033
accident
-
-
-
797
total
-
-
-
78 893
Employee
46 092
-
151 299
-
unemployment
714
-
1 371
-
other
45
-
89
-
pensions
2 166
-
4 158
-
income
9 627
-
49 078
-
total
12 552
-
54 696
-
Employer
46 092
-
151 299
-
other
369
-
708
-
accident
913
-
1 751
-
pensions
10 878
-
20 877
-
unemployment
2 536
-
4 865
-
total
14 696
-
28 201
-
Corporate
118 713
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.

17 807
26 926
-
-
total
17 807
26 926
-
-
Dividends
100 906
152 574
-
-
withholding
21 179
33 064
-
-
total
21 179
33 064
-
-
Income
179 500
179 500
179 500
179 500
Total tax
66 234
59 990
82 897
78 893
After tax
113 266
119 510
96 603
100 607
Living cost
33 541
33 541
33 541
33 541
Free-cash
79 725
85 969
63 062
67 066

Estimated living cost  is ₽33541 per week

₽24088
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.
₽6373
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131170
₽137005
₽134336
₽127180
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
134
income
-
-
-
26 925
pensions

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

-
-
-
4 949
health
-
-
-
3 845
total
-
-
-
35 853
Employee
21 805
-
172 940
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
health
1 003
-
1 538
-
pensions

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

1 914
-
2 936
-
income
2 181
-
17 294
-
total
5 338
-
22 136
-
Employer
21 805
-
172 940
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
pensions

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

2 403
-
3 685
-
unemployment
131
-
201
-
health
1 505
-
2 307
-
total
4 279
-
6 561
-
Corporate
153 417
179 500
-
-
income
15 342
17 950
-
-
total
15 342
17 950
-
-
Dividends
138 075
161 550
-
-
withholding
6 904
8 078
-
-
total
6 904
8 078
-
-
Income
179 500
179 500
179 500
179 500
Total tax
31 863
26 028
28 697
35 853
After tax
147 637
153 472
150 803
143 647
Living cost
16 467
16 467
16 467
16 467
Free-cash
131 170
137 005
134 336
127 180

Estimated living cost  is ₽16467 per week

₽10891
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68000
₽55516
₽76264
₽56872
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
19 392
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.

-
-
-
56 749
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.

-
-
-
6 520
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.

-
-
-
3 121
total
-
-
-
85 782
Employee

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

47 486
-
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.

216
-
3 121
-
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.

6 520
-
6 520
-
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.

3 905
-
56 749
-
total
10 641
-
66 390
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
132 014
179 500
-
-
trade
18 944
25 758
-
-
income
19 803
26 926
-
-
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
-
-
total
40 174
54 572
-
-
Dividends
91 840
124 928
-
-
withholding
22 597
30 869
-
-
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
1 697
-
-
total
23 839
32 566
-
-
Income
179 500
179 500
179 500
179 500
Total tax
74 654
87 138
66 390
85 782
After tax
104 846
92 362
113 110
93 718
Living cost
36 846
36 846
36 846
36 846
Free-cash
68 000
55 516
76 264
56 872

Estimated living cost  is ₽36846 per week

₽25417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3965
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.
₽6929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73393
₽71285
₽38899
₽38899
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
30 211
income
-
-
-
56 025
total
-
-
-
86 236
Employee
74 653
-
179 500
-
social contributions
6 202
-
30 211
-
income
14 087
-
56 025
-
total
20 289
-
86 236
-
Employer
74 653
-
179 500
-
total
-
-
-
-
Corporate
104 847
179 500
-
-
income
13 105
22 438
-
-
total
13 105
22 438
-
-
Dividends
91 741
157 062
-
-
withholding
18 348
31 412
-
-
total
18 348
31 412
-
-
Income
179 500
179 500
179 500
179 500
Total tax
51 742
53 850
86 236
86 236
After tax
127 758
125 650
93 264
93 264
Living cost
54 365
54 365
54 365
54 365
Free-cash
73 393
71 285
38 899
38 899

Estimated living cost  is ₽54365 per week

₽41360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4430
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.
₽8056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80323
₽76988
₽92289
₽111864
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 825
income
-
-
-
27 167
total
-
-
-
32 992
Employee
43 781
-
175 110
-
social contributions
4 387
-
4 390
-
income
4 751
-
43 787
-
total
9 138
-
48 177
-
Employer
43 781
-
175 110
-
social contributions
4 387
-
4 390
-
total
4 387
-
4 390
-
Corporate
131 332
179 500
-
-
income
45 966
62 826
-
-
total
45 966
62 826
-
-
Dividends
85 366
116 674
-
-
social contributions
5 042
5 042
-
-
total
5 042
5 042
-
-
Income
179 500
179 500
179 500
179 500
Total tax
64 533
67 868
52 567
32 992
After tax
114 967
111 632
126 933
146 508
Living cost
34 644
34 644
34 644
34 644
Free-cash
80 323
76 988
92 289
111 864

Estimated living cost  is ₽34644 per week

₽22820
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.
₽8561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86526
₽80902
₽66654
₽82835
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 595
pensions
-
-
-
8 790
total
-
-
-
61 385
Employee
48 426
-
156 692
-
health
632
-
2 224
-
pensions
3 696
-
10 723
-
income
8 819
-
41 810
-
total
13 147
-
54 757
-
Employer
48 426
-
156 692
-
pensions
4 893
-
19 832
-
health
920
-
2 977
-
total
5 813
-
22 809
-
Corporate
125 261
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.

23 800
34 106
-
-
total
23 800
34 106
-
-
Dividends
101 461
145 394
-
-
withholding
14 934
29 212
-
-
total
14 934
29 212
-
-
Income
179 500
179 500
179 500
179 500
Total tax
57 694
63 318
77 566
61 385
After tax
121 806
116 182
101 934
118 115
Living cost
35 280
35 280
35 280
35 280
Free-cash
86 526
80 902
66 654
82 835

Estimated living cost  is ₽35280 per week

₽24202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7390
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10973
-₽8711
₽74515
₽99428
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
362
income
-
-
-
50 023
pensions
-
-
-
4 061
accident
-
-
-
246
health
-
-
-
2 129
total
-
-
-
56 821
Employee
36 575
-
162 069
-
health
4 188
-
18 557
-
pensions
4 118
-
7 447
-
income
5 018
-
38 299
-
total
13 324
-
64 303
-
Employer
36 575
-
162 069
-
accident
611
-
2 707
-
pensions
5 947
-
10 753
-
unemployment
896
-
3 971
-
total
7 454
-
17 431
-
Corporate
135 472
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.

121 924
161 550
-
-
total
121 924
161 550
-
-
Dividends
13 547
17 950
-
-
withholding
2 574
3 410
-
-
total
2 574
3 410
-
-
Income
179 500
179 500
179 500
179 500
Total tax
145 276
164 960
81 734
56 821
After tax
34 224
14 540
97 766
122 679
Living cost
23 251
23 251
23 251
23 251
Free-cash
10 973
-8 711
74 515
99 428

Estimated living cost  is ₽23251 per week

₽17064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133701
₽124433
₽115871
₽94893
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 831
income
-
-
-
29 769
pensions
-
-
-
28 070
health insurance
-
-
-
11 289
work injury
-
-
-
763
total
-
-
-
71 722
Employee

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

20 616
-
179 500
-
health insurance
1 526
-
5 644
-
unemployment
247
-
915
-
work injury
103
-
381
-
pensions
3 793
-
14 035
-
income
2 062
-
29 769
-
total
7 731
-
50 744
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
158 884
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
157 295
161 550
-
-
withholding
23 594
24 232
-
-
total
23 594
24 232
-
-
Income
179 500
179 500
179 500
179 500
Total tax
32 914
42 182
50 744
71 722
After tax
146 586
137 318
128 756
107 778
Living cost
12 885
12 885
12 885
12 885
Free-cash
133 701
124 433
115 871
94 893

Estimated living cost  is ₽12885 per week

₽7983
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
₽52187
₽56528
₽37099
₽44976
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
4 123
social contributions
-
-
-
46 167
municipal
-
-
-
1 201
national
-
-
-
45 013
total
-
-
-
96 504
Employee
80 422
-
179 500
-
national
13 591
-
39 125
-
regional
1 214
-
3 659
-
municipal
480
-
1 070
-
social contributions
27 118
-
60 527
-
total
42 403
-
104 381
-
Employer
80 422
-
179 500
-
total
-
-
-
-
Corporate
99 078
179 500
-
-
nationa
23 778
43 081
-
-
municipal
4 776
8 652
-
-
total
28 554
51 733
-
-
Dividends
70 524
127 768
-
-
withholding
18 336
33 219
-
-
total
18 336
33 219
-
-
Income
179 500
179 500
179 500
179 500
Total tax
89 293
84 952
104 381
96 504
After tax
90 207
94 548
75 119
82 996
Living cost
38 020
38 020
38 020
38 020
Free-cash
52 187
56 528
37 099
44 976

Estimated living cost  is ₽38020 per week

₽26707
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.
₽8123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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