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
₽84475
₽62102
₽63071
₽72477
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 407
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.

-
-
-
57 071
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.

-
-
-
3 140
trade
-
-
-
21 404
total
-
-
-
88 022
Employee

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

35 872
-
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.

55
-
3 140
-
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.

1 002
-
57 071
-
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.

6 407
-
6 407
-
total
7 464
-
66 618
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
143 628
179 500
-
-
chamber of commerce
349
400
-
-
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.

1 185
1 481
-
-
trade
22 621
28 272
-
-
income
21 544
26 925
-
-
total
45 699
57 078
-
-
Dividends
97 929
122 422
-
-
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.

1 328
1 664
-
-
withholding
24 125
30 249
-
-
total
25 453
31 913
-
-
Income
179 500
179 500
179 500
179 500
Total tax
78 616
88 991
66 618
88 022
After tax
100 884
90 509
112 882
91 478
Living cost
28 407
28 407
28 407
28 407
Free-cash
72 477
62 102
84 475
63 071

Estimated living cost  is ₽28407 per week

₽17869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6696
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56796
₽62754
₽55832
₽61935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
31 221
municipal
-
-
-
19 723
total
-
-
-
74 414
Employee
76 353
-
155 176
-
municipal
9 431
-
20 418
-
national
14 614
-
32 743
-
pensions
3 054
-
6 207
-
total
27 099
-
59 368
-
Employer
76 353
-
155 176
-
pensions
6 108
-
12 414
-
social contributions
821
-
1 668
-
total
6 929
-
14 082
-
Corporate
91 178
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%.

18 236
35 900
-
-
total
18 236
35 900
-
-
Dividends
72 943
143 600
-
-
withholding
16 047
31 592
-
-
total
16 047
31 592
-
-
Income
179 500
179 500
179 500
179 500
Total tax
68 311
67 492
73 450
74 414
After tax
111 189
112 008
106 050
105 086
Living cost
49 254
49 254
49 254
49 254
Free-cash
61 935
62 754
56 796
55 832

Estimated living cost  is ₽49254 per week

₽33478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56875
₽124088
₽43658
₽116395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
35 934
income
-
-
-
34 624
surtax
-
-
-
45 772
microenterprise
-
-
-
-
total
-
-
-
116 330
Employee
27 405
-
137 454
-
surtax
-
-
19 930
-
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.

3 015
-
12 295
-
income
4 878
-
28 843
-
total
7 893
-
61 068
-
Employer
27 405
-
137 454
-
surtax
-
-
15 119
-
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.

6 601
-
26 926
-
total
6 601
-
42 045
-
Corporate
145 494
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%.

29 099
35 900
-
-
total
29 099
35 900
-
-
Dividends

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

116 394
143 600
-
-
total
-
-
-
-
Income
179 500
179 500
179 500
179 500
Total tax
43 593
35 900
103 113
116 330
After tax
135 907
143 600
76 387
63 170
Living cost
19 512
19 512
19 512
19 512
Free-cash
116 395
124 088
56 875
43 658

Estimated living cost  is ₽19512 per week

₽12448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74409
₽49795
₽58815
₽44049
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
health
-
-
-
11 565
income
-
-
-
58 843
pensions
-
-
-
10 988
total
-
-
-
81 396
Employee
80 090
80 090
162 071
-
income

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

13 109
13 109
25 819
-
pensions
14 416
10 988
10 988
-
health
12 293
10 456
11 565
-
total
39 818
34 553
48 372
-
Employer
80 090
80 090
162 071
-
unemployment
2 883
2 883
3 583
-
health
5 567
5 567
6 918
-
pensions
5 574
5 574
6 929
-
total
14 024
14 024
17 430
-
Corporate
86 368
85 385
-
-
income
17 273
17 077
-
-
total
17 273
17 077
-
-
Dividends
69 095
68 308
-
-
income
14 683
14 516
-
-
withholding
10 364
10 246
-
-
total
25 047
24 762
-
-
Income
179 500
179 500
179 500
179 500
Total tax
96 162
90 416
65 802
81 396
After tax
83 338
89 084
113 698
98 104
Living cost
39 289
39 289
39 289
39 289
Free-cash
44 049
49 795
74 409
58 815

Estimated living cost  is ₽39289 per week

₽27843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3542
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52023
₽59336
₽52960
₽58467
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 848
health
-
-
-
5 289
accident
-
-
-
169
pensions
-
-
-
9 162
national
-
-
-
17 111
unemployment
-
-
-
85
municipal
-
-
-
46 205
total
-
-
-
87 869
Employee
55 103
-
152 870
-
municipal
16 432
-
45 586
-
national
-
-
16 592
-
total
16 432
-
62 178
-
Employer
55 103
-
152 870
-
other
6 403
-
9 848
-
unemployment
1 455
-
2 237
-
health
3 389
-
5 212
-
accident
110
-
169
-
pensions
5 957
-
9 162
-
total
17 314
-
26 628
-
Corporate
107 084
179 500
-
-
income
23 558
39 490
-
-
total
23 558
39 490
-
-
Dividends
83 525
140 010
-
-
withholding
25 058
42 003
-
-
total
25 058
42 003
-
-
Income
179 500
179 500
179 500
179 500
Total tax
82 362
81 493
88 806
87 869
After tax
97 138
98 007
90 694
91 631
Living cost
38 671
38 671
38 671
38 671
Free-cash
58 467
59 336
52 023
52 960

Estimated living cost  is ₽38671 per week

₽25630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3795
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76039
₽52744
₽53685
₽65922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 407
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.

-
-
-
57 071
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.

-
-
-
3 140
trade
-
-
-
22 354
total
-
-
-
88 972
Employee

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

47 561
-
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.

224
-
3 140
-
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.

4 086
-
57 071
-
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.

6 407
-
6 407
-
total
10 717
-
66 618
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
131 939
179 500
-
-
chamber of commerce
329
397
-
-
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.

1 089
1 481
-
-
trade
21 704
29 528
-
-
income
19 791
26 925
-
-
total
42 913
58 331
-
-
Dividends
89 025
121 169
-
-
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.

1 205
1 646
-
-
withholding
21 900
29 936
-
-
total
23 105
31 582
-
-
Income
179 500
179 500
179 500
179 500
Total tax
76 735
89 913
66 618
88 972
After tax
102 765
89 587
112 882
90 528
Living cost
36 843
36 843
36 843
36 843
Free-cash
65 922
52 744
76 039
53 685

Estimated living cost  is ₽36843 per week

₽24641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90010
₽100481
₽91552
₽96592
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 174
health
-
-
-
4 578
income
-
-
-
37 776
total
-
-
-
57 528
Employee
72 118
72 118
168 312
-
social contributions
3 504
5 985
8 073
-
income
7 573
6 676
36 947
-
health
717
1 226
2 862
-
total
11 794
13 887
47 882
-
Employer
72 118
72 118
168 312
-
health
781
1 335
3 115
-
social contributions
3 504
5 985
8 073
-
total
4 285
7 320
11 188
-
Corporate
133 000
100 062
-
-
income
16 625
12 508
-
-
total
16 625
12 508
-
-
Dividends
116 375
87 554
-
-
withholding
19 784
14 884
-
-
total
19 784
14 884
-
-
Income
179 500
179 500
179 500
179 500
Total tax
52 488
48 599
59 070
57 528
After tax
127 012
130 901
120 430
121 972
Living cost
30 420
30 420
30 420
30 420
Free-cash
96 592
100 481
90 010
91 552

Estimated living cost  is ₽30420 per week

₽20795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86471
₽83230
₽106763
₽83595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

25 386
10 103
150 209
-
income
3 103
1 235
18 363
-
pensions
2 539
1 010
15 021
-
health
1 777
707
10 515
-
unemployment
381
152
2 253
-
total
7 800
3 104
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.

25 386
10 103
150 209
-
pensions
4 950
1 970
29 291
-
total
4 950
1 970
29 291
-
Corporate
149 164
167 427
-
-
income
13 425
15 068
-
-
total
13 425
15 068
-
-
Dividends
135 739
152 358
-
-
social contributions
26 354
29 594
-
-
withholding
25 790
28 948
-
-
total
52 144
58 542
-
-
Income
179 500
179 500
179 500
179 500
Total tax
78 319
78 684
75 443
55 151
After tax
101 181
100 816
104 057
124 349
Living cost
17 586
17 586
17 586
17 586
Free-cash
83 595
83 230
86 471
106 763

Estimated living cost  is ₽17586 per week

₽12001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3795
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80808
₽120947
₽73558
₽115120
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
health
-
-
-
23 335
income
-
-
-
24 054
pensions
-
-
-
35 900
total
-
-
-
83 289
Employee
26 606
-
134 156
-
income
2 995
-
25 866
-
pensions
532
-
2 684
-
unemployment
425
-
2 146
-
total
3 952
-
30 696
-
Employer
26 606
-
134 156
-
unemployment
214
-
1 073
-
health
3 458
-
17 440
-
pensions
5 322
-
26 830
-
total
8 994
-
45 343
-
Corporate
143 901
179 500
-
-
income
28 781
35 900
-
-
total
28 781
35 900
-
-
Dividends
115 120
143 600
-
-
total
-
-
-
-
Income
179 500
179 500
179 500
179 500
Total tax
41 727
35 900
76 039
83 289
After tax
137 773
143 600
103 461
96 211
Living cost
22 653
22 653
22 653
22 653
Free-cash
115 120
120 947
80 808
73 558

Estimated living cost  is ₽22653 per week

₽15538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77190
-₽6234
₽101886
₽11352
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
350
health
-
-
-
2 059
accident
-
-
-
238
income
-
-
-
50 264
pensions
-
-
-
3 929
total
-
-
-
56 840
Employee
32 679
-
162 406
-
income
4 483
-
38 643
-
pensions
3 680
-
7 204
-
health
3 742
-
18 595
-
total
11 905
-
64 442
-
Employer
32 679
-
162 406
-
unemployment
801
-
3 979
-
accident
546
-
2 712
-
pensions
5 314
-
10 403
-
total
6 661
-
17 094
-
Corporate
140 161
179 500
-
-
income

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

126 145
161 550
-
-
total
126 145
161 550
-
-
Dividends
14 016
17 950
-
-
withholding
2 663
3 410
-
-
total
2 663
3 410
-
-
Income
179 500
179 500
179 500
179 500
Total tax
147 374
164 960
81 536
56 840
After tax
32 126
14 540
97 964
122 660
Living cost
20 774
20 774
20 774
20 774
Free-cash
11 352
-6 234
77 190
101 886

Estimated living cost  is ₽20774 per week

₽15226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135773
₽162698
₽169878
₽161231
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 783
-
179 500
-
income
1 956
-
35 900
-
total
1 956
-
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%.

169 717
179 500
-
-
total
-
-
-
-
Dividends
169 717
179 500
-
-
withholding
8 486
8 975
-
-
total
8 486
8 975
-
-
Income
179 500
179 500
179 500
179 500
Total tax
10 442
8 975
35 900
1 795
After tax
169 058
170 525
143 600
177 705
Living cost
7 827
7 827
7 827
7 827
Free-cash
161 231
162 698
135 773
169 878

Estimated living cost  is ₽7827 per week

₽4851
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.
₽2111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76588
₽106888
₽78144
₽100554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 774
health
-
-
-
6 276
income
-
-
-
29 087
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.

-
-
-
34 229
total
-
-
-
76 366
Employee
34 053
-
143 554
-
income
5 863
-
28 569
-
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.

2 383
-
9 983
-
health
477
-
1 997
-
unemployment
340
-
1 426
-
total
9 063
-
41 975
-
Employer
34 053
-
143 554
-
other
1 703
-
7 130
-
unemployment
340
-
1 426
-
health
477
-
1 997
-
accident
272
-
1 148
-
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.

5 790
-
24 246
-
total
8 582
-
35 947
-
Corporate
136 865
179 500
-
-
income
28 742
37 696
-
-
total
28 742
37 696
-
-
Dividends
108 123
141 804
-
-
withholding
7 569
9 926
-
-
total
7 569
9 926
-
-
Income
179 500
179 500
179 500
179 500
Total tax
53 956
47 622
77 922
76 366
After tax
125 544
131 878
101 578
103 134
Living cost
24 990
24 990
24 990
24 990
Free-cash
100 554
106 888
76 588
78 144

Estimated living cost  is ₽24990 per week

₽17657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1687
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.
₽5243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39666
₽53759
₽55822
₽59771
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 026
pensions
-
-
-
8 664
total
-
-
-
61 690
Employee
87 704
-
156 654
-
income
15 810
-
42 254
-
health
1 445
-
2 209
-
pensions
8 461
-
10 537
-
total
25 716
-
55 000
-
Employer
87 704
-
156 654
-
health
1 666
-
2 976
-
pensions
10 355
-
19 870
-
total
12 021
-
22 846
-
Corporate
79 775
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.

15 158
34 105
-
-
total
15 158
34 105
-
-
Dividends
64 617
145 395
-
-
withholding
4 846
29 648
-
-
total
4 846
29 648
-
-
Income
179 500
179 500
179 500
179 500
Total tax
57 741
63 753
77 846
61 690
After tax
121 759
115 747
101 654
117 810
Living cost
61 988
61 988
61 988
61 988
Free-cash
59 771
53 759
39 666
55 822

Estimated living cost  is ₽61988 per week

₽46449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽138924
₽141283
₽131714
₽136964
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
health
-
-
-
3 735
income
-
-
-
26 925
pensions

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

-
-
-
4 806
unemployment
-
-
-
130
total
-
-
-
35 596
Employee
16 141
-
173 129
-
income
1 614
-
17 313
-
accident

We are using the highest rate at 1.1%.

178
-
357
-
pensions

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

1 417
-
2 851
-
health
742
-
1 494
-
total
3 951
-
22 015
-
Employer
16 141
-
173 129
-
unemployment
97
-
195
-
health
1 114
-
2 241
-
accident

We are using the highest rate at 1.1%.

178
-
357
-
pensions

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

1 779
-
3 579
-
total
3 168
-
6 372
-
Corporate
160 192
179 500
-
-
income
16 019
17 950
-
-
total
16 019
17 950
-
-
Dividends
144 173
161 550
-
-
withholding
7 208
8 077
-
-
total
7 208
8 077
-
-
Income
179 500
179 500
179 500
179 500
Total tax
30 346
26 027
28 387
35 596
After tax
149 154
153 473
151 113
143 904
Living cost
12 190
12 190
12 190
12 190
Free-cash
136 964
141 283
138 924
131 714

Estimated living cost  is ₽12190 per week

₽7116
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽323
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3880
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61692
₽37078
₽46098
₽39437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
health
-
-
-
11 565
income
-
-
-
58 843
pensions
-
-
-
10 988
total
-
-
-
81 396
Employee
86 952
80 090
162 071
-
income

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

13 109
13 109
25 819
-
pensions
10 988
10 988
10 988
-
health
10 848
10 456
11 565
-
total
34 945
34 553
48 372
-
Employer
86 952
80 090
162 071
-
unemployment
3 131
2 883
3 583
-
health
6 042
5 567
6 918
-
pensions
6 051
5 574
6 929
-
total
15 224
14 024
17 430
-
Corporate
77 323
85 385
-
-
income
15 465
17 077
-
-
total
15 465
17 077
-
-
Dividends
61 859
68 308
-
-
income
13 145
14 516
-
-
withholding
9 278
10 246
-
-
total
22 423
24 762
-
-
Income
179 500
179 500
179 500
179 500
Total tax
88 057
90 416
65 802
81 396
After tax
91 443
89 084
113 698
98 104
Living cost
52 006
52 006
52 006
52 006
Free-cash
39 437
37 078
61 692
46 098

Estimated living cost  is ₽52006 per week

₽38363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72459
₽100469
₽80020
₽92221
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 264
health
-
-
-
24 232
income
-
-
-
18 301
solidarity contribution
-
-
-
566
total
-
-
-
76 363
Employee
33 995
-
138 551
-
social contributions
2 210
-
7 405
-
solidarity contribution
-
-
-
-
income
4 079
-
16 866
-
health
4 589
-
18 704
-
total
10 878
-
42 975
-
Employer
33 995
-
138 551
-
health
3 060
-
12 470
-
social contributions
8 499
-
28 479
-
total
11 559
-
40 949
-
Corporate
133 947
179 500
-
-
income
25 450
34 105
-
-
total
25 450
34 105
-
-
Dividends
108 497
145 395
-
-
withholding
16 275
21 809
-
-
total
16 275
21 809
-
-
Income
179 500
179 500
179 500
179 500
Total tax
64 162
55 914
83 924
76 363
After tax
115 338
123 586
95 576
103 137
Living cost
23 117
23 117
23 117
23 117
Free-cash
92 221
100 469
72 459
80 020

Estimated living cost  is ₽23117 per week

₽16057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽37269
₽56196
₽45377
₽51300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 168
national
-
-
-
45 180
regional
-
-
-
2 134
municipal
-
-
-
1 066
total
-
-
-
94 548
Employee
83 352
-
179 500
-
social contributions
28 106
-
60 527
-
municipal
441
-
952
-
national
14 443
-
39 292
-
regional
786
-
1 885
-
total
43 776
-
102 656
-
Employer
83 352
-
179 500
-
total
-
-
-
-
Corporate
96 148
179 500
-
-
nationa
23 075
43 080
-
-
municipal
3 750
7 000
-
-
total
26 825
50 080
-
-
Dividends
69 323
129 420
-
-
withholding
18 024
33 649
-
-
total
18 024
33 649
-
-
Income
179 500
179 500
179 500
179 500
Total tax
88 625
83 729
102 656
94 548
After tax
90 875
95 771
76 844
84 952
Living cost
39 575
39 575
39 575
39 575
Free-cash
51 300
56 196
37 269
45 377

Estimated living cost  is ₽39575 per week

₽27587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
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.
₽8785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58326
₽92210
₽64057
₽89293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
8 886
income
-
-
-
52 244
pensions
-
-
-
25 034
surtax
-
-
-
8 369
unemployment
-
-
-
214
total
-
-
-
94 747
Employee
31 015
-
153 152
-
surtax
101
-
7 245
-
income
5 199
-
46 634
-
other
-
-
-
-
pensions
2 068
-
8 349
-
health
792
-
3 191
-
unemployment
2 159
-
8 712
-
total
10 319
-
74 131
-
Employer
31 015
-
153 152
-
other
-
-
-
-
unemployment
982
-
3 967
-
health
1 411
-
5 695
-
pensions
4 134
-
16 685
-
total
6 527
-
26 347
-
Corporate
141 957
179 500
-
-
income
36 909
46 669
-
-
total
36 909
46 669
-
-
Dividends
105 048
132 831
-
-
withholding
15 756
19 925
-
-
total
15 756
19 925
-
-
Income
179 500
179 500
179 500
179 500
Total tax
69 511
66 594
100 478
94 747
After tax
109 989
112 906
79 022
84 753
Living cost
20 696
20 696
20 696
20 696
Free-cash
89 293
92 210
58 326
64 057

Estimated living cost  is ₽20696 per week

₽12654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1910
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.
₽5654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59305
₽73398
₽75461
₽79520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 026
pensions
-
-
-
8 664
total
-
-
-
61 690
Employee
58 777
-
156 654
-
income
10 586
-
42 254
-
health
853
-
2 209
-
pensions
4 989
-
10 537
-
total
16 428
-
55 000
-
Employer
58 777
-
156 654
-
health
1 117
-
2 976
-
pensions
6 363
-
19 870
-
total
7 480
-
22 846
-
Corporate
113 244
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.

21 517
34 105
-
-
total
21 517
34 105
-
-
Dividends
91 727
145 395
-
-
withholding
12 206
29 648
-
-
total
12 206
29 648
-
-
Income
179 500
179 500
179 500
179 500
Total tax
57 631
63 753
77 846
61 690
After tax
121 869
115 747
101 654
117 810
Living cost
42 349
42 349
42 349
42 349
Free-cash
79 520
73 398
59 305
75 461

Estimated living cost  is ₽42349 per week

₽31727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽61377
₽6848
₽69488
₽39038
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
404
pensions
-
-
-
16 515
city
-
-
-
1 892
national
-
-
-
3 294
regional
-
-
-
9 085
total
-
-
-
34 780
Employee
88 041
-
160 663
-
national
417
-
2 412
-
city
945
-
1 725
-
pensions
7 397
-
13 495
-
health
199
-
361
-
regional
2 883
-
7 829
-
unemployment
-
-
-
-
total
11 841
-
25 822
-
Employer
88 041
-
160 663
-
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.

1 760
-
3 213
-
unemployment
-
-
-
-
health
199
-
361
-
pensions
7 397
-
13 495
-
total
9 356
-
17 069
-
Corporate
81 135
179 500
-
-
regional
17 160
37 965
-
-
national
6 896
15 257
-
-
total
24 056
53 222
-
-
Dividends
57 079
126 279
-
-
withholding
19 977
44 198
-
-
total
19 977
44 198
-
-
Income
179 500
179 500
179 500
179 500
Total tax
65 230
97 420
42 891
34 780
After tax
114 270
82 080
136 609
144 720
Living cost
75 232
75 232
75 232
75 232
Free-cash
39 038
6 848
61 377
69 488

Estimated living cost  is ₽75232 per week

₽48922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽924
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽69918
₽45698
₽46612
₽60909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 407
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.

-
-
-
57 071
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.

-
-
-
3 140
trade
-
-
-
23 306
total
-
-
-
89 924
Employee

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

56 364
-
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.

365
-
3 140
-
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.

6 628
-
57 071
-
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.

6 407
-
6 407
-
total
13 400
-
66 618
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
123 136
179 500
-
-
chamber of commerce
315
395
-
-
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.

1 016
1 481
-
-
trade
21 117
30 785
-
-
income
18 471
26 925
-
-
total
40 919
59 586
-
-
Dividends
82 217
119 915
-
-
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.

1 111
1 629
-
-
withholding
20 197
29 623
-
-
total
21 308
31 252
-
-
Income
179 500
179 500
179 500
179 500
Total tax
75 627
90 838
66 618
89 924
After tax
103 873
88 662
112 882
89 576
Living cost
42 964
42 964
42 964
42 964
Free-cash
60 909
45 698
69 918
46 612

Estimated living cost  is ₽42964 per week

₽31379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64929
₽58381
₽68835
₽63919
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 565
social contributions
-
-
-
5 113
health
-
-
-
8 036
income
-
-
-
29 218
pensions
-
-
-
30 645
surtax
-
-
-
-
total
-
-
-
78 577
Employee
40 139
-
138 293
-
surtax
-
-
-
-
social contributions
1 144
-
3 940
-
income
2 369
-
27 458
-
pensions
4 538
-
9 878
-
total
8 051
-
41 276
-
Employer
40 139
-
138 293
-
other
1 385
-
5 506
-
unemployment
1 625
-
5 601
-
health
2 810
-
13 104
-
pensions
6 594
-
16 581
-
social contributions
121
-
415
-
total
12 535
-
41 207
-
Corporate
126 826
179 500
-
-
surtax
-
-
-
-
income
35 512
50 259
-
-
total
35 512
50 259
-
-
Dividends
91 314
129 241
-
-
social contributions
15 707
22 229
-
-
surtax
-
-
-
-
withholding
11 688
16 543
-
-
total
27 395
38 772
-
-
Income
179 500
179 500
179 500
179 500
Total tax
83 493
89 031
82 483
78 577
After tax
96 007
90 469
97 017
100 923
Living cost
32 088
32 088
32 088
32 088
Free-cash
63 919
58 381
64 929
68 835

Estimated living cost  is ₽32088 per week

₽20233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68109
₽61561
₽72015
₽66768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 565
social contributions
-
-
-
5 113
health
-
-
-
8 036
income
-
-
-
29 218
pensions
-
-
-
30 645
surtax
-
-
-
-
total
-
-
-
78 577
Employee
35 830
-
138 293
-
surtax
-
-
-
-
social contributions
1 022
-
3 940
-
income
1 847
-
27 458
-
pensions
4 053
-
9 878
-
total
6 922
-
41 276
-
Employer
35 830
-
138 293
-
other
1 237
-
5 506
-
unemployment
1 451
-
5 601
-
health
2 508
-
13 104
-
pensions
5 888
-
16 581
-
social contributions
107
-
415
-
total
11 191
-
41 207
-
Corporate
132 480
179 500
-
-
surtax
-
-
-
-
income
37 094
50 259
-
-
total
37 094
50 259
-
-
Dividends
95 386
129 241
-
-
social contributions
16 408
22 229
-
-
surtax
-
-
-
-
withholding
12 209
16 543
-
-
total
28 617
38 772
-
-
Income
179 500
179 500
179 500
179 500
Total tax
83 824
89 031
82 483
78 577
After tax
95 676
90 469
97 017
100 923
Living cost
28 908
28 908
28 908
28 908
Free-cash
66 768
61 561
68 109
72 015

Estimated living cost  is ₽28908 per week

₽16766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91265
₽89624
₽95387
₽90111
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 530
income
-
-
-
26 925
total
-
-
-
64 226
Employee
31 799
-
179 500
-
social contributions
4 389
-
24 771
-
income
5 304
-
31 047
-
health
2 219
-
12 530
-
total
11 912
-
68 348
-
Employer
31 799
-
179 500
-
total
-
-
-
-
Corporate
147 701
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%.

7 384
8 975
-
-
total
7 384
8 975
-
-
Dividends
140 316
170 525
-
-
social contributions
19 364
23 532
-
-
withholding
21 048
25 579
-
-
health
9 794
11 903
-
-
total
50 206
61 014
-
-
Income
179 500
179 500
179 500
179 500
Total tax
69 502
69 989
68 348
64 226
After tax
109 998
109 511
111 152
115 274
Living cost
19 887
19 887
19 887
19 887
Free-cash
90 111
89 624
91 265
95 387

Estimated living cost  is ₽19887 per week

₽13309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14346
₽66133
₽59121
₽64682
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
health
-
-
-
8 381
income
-
-
-
52 027
chamber of commerce
-
-
-
717
pensions
-
-
-
20 270
surtax
-
-
-
185
unemployment
-
-
-
5 752
total
-
-
-
87 332
Employee
46 870
37 375
145 184
-
income
5 336
2 757
42 544
-
other
468
374
1 096
-
pensions
4 800
3 827
11 220
-
health
1 814
1 447
4 239
-
unemployment
1 406
1 121
3 287
-
total
13 824
9 526
62 386
-
Employer
46 870
37 375
145 184
-
other
2 227
1 774
6 592
-
unemployment
1 406
1 121
3 287
-
health
1 771
1 413
4 142
-
surtax
185
185
185
-
accident
609
486
1 424
-
pensions
5 882
4 692
13 751
-
payroll
1 406
1 121
4 355
-
chamber of commerce
187
150
580
-
total
13 673
10 942
34 316
-
Corporate
118 957
131 182
141 624
-
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.

29 740
32 796
35 405
-
total
29 740
32 796
35 405
-
Dividends
89 217
98 386
-
-
withholding
24 534
27 056
-
-
total
24 534
27 056
-
-
Income
179 500
179 500
179 500
179 500
Total tax
81 771
80 320
132 107
87 332
After tax
97 729
99 180
47 393
92 168
Living cost
33 047
33 047
33 047
33 047
Free-cash
64 682
66 133
14 346
59 121

Estimated living cost  is ₽33047 per week

₽22041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2819
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.
₽7644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28205
₽66064
₽43716
₽52096
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 383
communal

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

-
-
-
9 367
national
-
-
-
68 838
total
-
-
-
101 588
Employee

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

67 086
-
139 030
-
national
20 625
-
51 208
-
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.

5 031
-
10 428
-
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.

3 152
-
6 534
-
communal

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

3 499
-
7 251
-
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.

584
-
1 210
-
total
32 891
-
76 631
-
Employer

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

67 086
-
139 030
-
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.

979
-
2 029
-
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.

4 126
-
8 550
-
surtax
7 607
-
15 765
-
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.

872
-
1 806
-
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.

5 944
-
12 318
-
total
19 528
-
40 468
-
Corporate
92 886
179 500
-
-
surtax
372
721
-
-
income
18 577
36 037
-
-
total
18 949
36 758
-
-
Dividends
73 937
142 742
-
-
withholding

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

21 840
42 482
-
-
total
21 840
42 482
-
-
Income
179 500
179 500
179 500
179 500
Total tax
93 208
79 240
117 099
101 588
After tax
86 292
100 260
62 401
77 912
Living cost
34 196
34 196
34 196
34 196
Free-cash
52 096
66 064
28 205
43 716

Estimated living cost  is ₽34196 per week

₽22027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62770
₽85606
₽66705
₽79182
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
87
accident
-
-
-
783
income
-
-
-
52 846
pensions
-
-
-
24 600
unemployment
-
-
-
609
total
-
-
-
78 925
Employee
46 685
-
151 787
-
income
9 850
-
49 627
-
other
46
-
87
-
pensions
2 194
-
4 086
-
unemployment
724
-
1 347
-
total
12 814
-
55 147
-
Employer
46 685
-
151 787
-
other
372
-
696
-
unemployment
2 568
-
4 780
-
accident
924
-
1 721
-
pensions
11 017
-
20 516
-
total
14 881
-
27 713
-
Corporate
117 934
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.

17 691
26 925
-
-
total
17 691
26 925
-
-
Dividends
100 243
152 575
-
-
withholding
21 062
33 099
-
-
total
21 062
33 099
-
-
Income
179 500
179 500
179 500
179 500
Total tax
66 448
60 024
82 860
78 925
After tax
113 052
119 476
96 640
100 575
Living cost
33 870
33 870
33 870
33 870
Free-cash
79 182
85 606
62 770
66 705

Estimated living cost  is ₽33870 per week

₽24942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2403
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43337
₽52992
₽36178
₽40548
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
health
-
-
-
12 612
accident
-
-
-
1 513
income
-
-
-
31 081
pensions
-
-
-
26 905
communal
-
-
-
11 344
surtax
-
-
-
8 899
total
-
-
-
92 354
Employee
71 024
-
160 339
-
surtax
4 353
-
9 826
-
income
6 860
-
36 250
-
pensions
5 681
-
12 827
-
health
3 161
-
7 133
-
total
20 055
-
66 036
-
Employer
71 024
-
160 339
-
health
2 166
-
4 889
-
accident
639
-
1 443
-
pensions
5 681
-
12 827
-
total
8 486
-
19 159
-
Corporate
99 990
179 500
-
-
surtax
1 050
1 885
-
-
income
14 998
26 925
-
-
communal
6 749
12 117
-
-
total
22 797
40 927
-
-
Dividends
77 193
138 574
-
-
income
25 067
13 827
-
-
withholding
11 579
20 786
-
-
total
36 646
34 613
-
-
Income
179 500
179 500
179 500
179 500
Total tax
87 984
75 540
85 195
92 354
After tax
91 516
103 960
94 305
87 146
Living cost
50 968
50 968
50 968
50 968
Free-cash
40 548
52 992
43 337
36 178

Estimated living cost  is ₽50968 per week

₽38233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57956
₽91840
₽63687
₽88858
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
8 886
income
-
-
-
52 244
pensions
-
-
-
25 034
surtax
-
-
-
8 369
unemployment
-
-
-
214
total
-
-
-
94 747
Employee
31 584
-
153 152
-
surtax
112
-
7 245
-
income
5 295
-
46 634
-
other
-
-
-
-
pensions
2 107
-
8 349
-
health
806
-
3 191
-
unemployment
2 198
-
8 712
-
total
10 518
-
74 131
-
Employer
31 584
-
153 152
-
other
-
-
-
-
unemployment
1 002
-
3 967
-
health
1 436
-
5 695
-
pensions
4 211
-
16 685
-
total
6 649
-
26 347
-
Corporate
141 267
179 500
-
-
income
36 729
46 669
-
-
total
36 729
46 669
-
-
Dividends
104 537
132 831
-
-
withholding
15 680
19 925
-
-
total
15 680
19 925
-
-
Income
179 500
179 500
179 500
179 500
Total tax
69 576
66 594
100 478
94 747
After tax
109 924
112 906
79 022
84 753
Living cost
21 066
21 066
21 066
21 066
Free-cash
88 858
91 840
57 956
63 687

Estimated living cost  is ₽21066 per week

₽12718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
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.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51051
₽69086
₽59116
₽67004
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 168
national
-
-
-
45 180
regional
-
-
-
2 706
municipal
-
-
-
1 066
total
-
-
-
95 120
Employee
52 025
-
179 500
-
social contributions
17 543
-
60 527
-
municipal
276
-
952
-
national
8 242
-
39 292
-
regional
700
-
2 414
-
total
26 761
-
103 185
-
Employer
52 025
-
179 500
-
total
-
-
-
-
Corporate
127 475
179 500
-
-
nationa
30 594
43 080
-
-
municipal
6 336
8 920
-
-
total
36 930
52 000
-
-
Dividends
90 545
127 500
-
-
withholding
23 541
33 150
-
-
total
23 541
33 150
-
-
Income
179 500
179 500
179 500
179 500
Total tax
87 232
85 150
103 185
95 120
After tax
92 268
94 350
76 315
84 380
Living cost
25 264
25 264
25 264
25 264
Free-cash
67 004
69 086
51 051
59 116

Estimated living cost  is ₽25264 per week

₽15712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2559
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67090
₽95100
₽74651
₽84937
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 264
health
-
-
-
24 232
income
-
-
-
18 301
solidarity contribution
-
-
-
566
total
-
-
-
76 363
Employee
41 891
-
138 551
-
social contributions
2 723
-
7 405
-
solidarity contribution
-
-
-
-
income
5 027
-
16 866
-
health
5 655
-
18 704
-
total
13 405
-
42 975
-
Employer
41 891
-
138 551
-
health
3 770
-
12 470
-
social contributions
10 473
-
28 479
-
total
14 243
-
40 949
-
Corporate
123 366
179 500
-
-
income
23 440
34 105
-
-
total
23 440
34 105
-
-
Dividends
99 927
145 395
-
-
withholding
14 989
21 809
-
-
total
14 989
21 809
-
-
Income
179 500
179 500
179 500
179 500
Total tax
66 077
55 914
83 924
76 363
After tax
113 423
123 586
95 576
103 137
Living cost
28 486
28 486
28 486
28 486
Free-cash
84 937
95 100
67 090
74 651

Estimated living cost  is ₽28486 per week

₽21184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽17518
₽69360
₽62432
₽68895
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
health
-
-
-
8 381
income
-
-
-
52 027
chamber of commerce
-
-
-
717
pensions
-
-
-
20 270
surtax
-
-
-
-
unemployment
-
-
-
5 752
total
-
-
-
87 147
Employee
40 997
37 375
145 355
-
income
3 652
2 757
42 626
-
other
409
374
1 096
-
pensions
4 199
3 827
11 220
-
health
1 586
1 447
4 239
-
unemployment
1 230
1 121
3 287
-
total
11 076
9 526
62 468
-
Employer
40 997
37 375
145 355
-
other
1 947
1 774
6 599
-
unemployment
1 230
1 121
3 287
-
health
1 550
1 413
4 142
-
surtax
-
-
-
-
accident
532
486
1 424
-
pensions
5 145
4 692
13 751
-
payroll
1 230
1 121
4 360
-
chamber of commerce
164
150
582
-
total
11 798
10 757
34 145
-
Corporate
126 705
131 368
141 795
-
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.

31 677
32 842
35 448
-
total
31 677
32 842
35 448
-
Dividends
95 028
98 525
-
-
withholding
26 133
27 094
-
-
total
26 133
27 094
-
-
Income
179 500
179 500
179 500
179 500
Total tax
80 684
80 219
132 061
87 147
After tax
98 816
99 281
47 439
92 353
Living cost
29 921
29 921
29 921
29 921
Free-cash
68 895
69 360
17 518
62 432

Estimated living cost  is ₽29921 per week

₽17949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3056
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.
₽8383
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131403
₽158328
₽165508
₽156041
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 246
-
179 500
-
income
3 049
-
35 900
-
total
3 049
-
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%.

164 254
179 500
-
-
total
-
-
-
-
Dividends
164 254
179 500
-
-
withholding
8 213
8 975
-
-
total
8 213
8 975
-
-
Income
179 500
179 500
179 500
179 500
Total tax
11 262
8 975
35 900
1 795
After tax
168 238
170 525
143 600
177 705
Living cost
12 197
12 197
12 197
12 197
Free-cash
156 041
158 328
131 403
165 508

Estimated living cost  is ₽12197 per week

₽8254
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.
₽3022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57033
₽98431
₽61502
₽90583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
17 663
income
-
-
-
42 128
pensions
-
-
-
32 782
unemployment
-
-
-
269
total
-
-
-
92 842
Employee

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

41 473
-
155 318
-
income
7 152
-
38 804
-
pensions
6 429
-
24 075
-
health
2 679
-
10 033
-
unemployment
59
-
217
-
total
16 319
-
73 129
-
Employer

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

41 473
-
155 318
-
unemployment
25
-
93
-
health
2 762
-
10 344
-
pensions
3 670
-
13 745
-
total
6 457
-
24 182
-
Corporate
131 570
179 500
-
-
income
24 999
34 104
-
-
total
24 999
34 104
-
-
Dividends
106 571
145 396
-
-
withholding
15 986
21 809
-
-
total
15 986
21 809
-
-
Income
179 500
179 500
179 500
179 500
Total tax
63 761
55 913
97 311
92 842
After tax
115 739
123 587
82 189
86 658
Living cost
25 156
25 156
25 156
25 156
Free-cash
90 583
98 431
57 033
61 502

Estimated living cost  is ₽25156 per week

₽17264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124100
₽66752
₽81593
₽19949
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
60 876
-
-
-
social contributions
4 992
-
711
-
income
13 428
-
-
-
total
18 420
-
711
-
Employer
60 876
-
-
-
social contributions
85 835
-
12 233
-
total
85 835
-
12 233
-
Corporate
32 789
179 500
-
-
income
7 213
39 490
-
-
total
7 213
39 490
-
-
Dividends
25 575
140 010
-
-
income
5 627
30 802
-
-
total
5 627
30 802
-
-
Income
179 500
179 500
179 500
179 500
Total tax
117 095
70 292
12 944
55 451
After tax
62 405
109 208
166 556
124 049
Living cost
42 456
42 456
42 456
42 456
Free-cash
19 949
66 752
124 100
81 593

Estimated living cost  is ₽42456 per week

₽27547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52186
₽72681
₽65796
₽71738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 910
surtax
-
-
-
-
total
-
-
-
84 286
Employee
43 135
-
145 051
-
surtax
-
-
-
-
social contributions
4 745
-
15 956
-
income
8 972
-
47 491
-
total
13 717
-
63 447
-
Employer
43 135
-
145 051
-
social contributions
10 244
-
34 449
-
total
10 244
-
34 449
-
Corporate
126 121
179 500
-
-
surtax
-
-
-
-
income
26 485
37 696
-
-
total
26 485
37 696
-
-
Dividends
99 636
141 804
-
-
withholding
27 898
39 705
-
-
total
27 898
39 705
-
-
Income
179 500
179 500
179 500
179 500
Total tax
78 344
77 401
97 896
84 286
After tax
101 156
102 099
81 604
95 214
Living cost
29 418
29 418
29 418
29 418
Free-cash
71 738
72 681
52 186
65 796

Estimated living cost  is ₽29418 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51719
₽45171
₽55625
₽51617
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 565
social contributions
-
-
-
5 113
health
-
-
-
8 036
income
-
-
-
29 218
pensions
-
-
-
30 645
surtax
-
-
-
-
total
-
-
-
78 577
Employee
58 741
-
138 293
-
surtax
-
-
-
-
social contributions
1 673
-
3 940
-
income
5 125
-
27 458
-
pensions
6 644
-
9 878
-
total
13 442
-
41 276
-
Employer
58 741
-
138 293
-
other
2 027
-
5 506
-
unemployment
2 380
-
5 601
-
health
4 111
-
13 104
-
pensions
9 652
-
16 581
-
social contributions
176
-
415
-
total
18 346
-
41 207
-
Corporate
102 413
179 500
-
-
surtax
-
-
-
-
income
28 676
50 259
-
-
total
28 676
50 259
-
-
Dividends
73 738
129 241
-
-
social contributions
12 683
22 229
-
-
surtax
-
-
-
-
withholding
9 438
16 543
-
-
total
22 121
38 772
-
-
Income
179 500
179 500
179 500
179 500
Total tax
82 585
89 031
82 483
78 577
After tax
96 915
90 469
97 017
100 923
Living cost
45 298
45 298
45 298
45 298
Free-cash
51 617
45 171
51 719
55 625

Estimated living cost  is ₽45298 per week

₽30657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108283
₽133359
₽103512
₽130206
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 306
social contributions
-
-
-
39 490
total
-
-
-
47 796
Employee
30 152
-
155 412
-
income
-
-
8 835
-
social contributions
1 960
-
10 102
-
total
1 960
-
18 937
-
Employer
30 152
-
155 412
-
social contributions
4 674
-
24 088
-
total
4 674
-
24 088
-
Corporate
144 675
179 500
-
-
income
14 468
17 949
-
-
total
14 468
17 949
-
-
Dividends
130 207
161 551
-
-
total
-
-
-
-
Income
179 500
179 500
179 500
179 500
Total tax
21 102
17 949
43 025
47 796
After tax
158 398
161 551
136 475
131 704
Living cost
28 192
28 192
28 192
28 192
Free-cash
130 206
133 359
108 283
103 512

Estimated living cost  is ₽28192 per week

₽18229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7308
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
-₽24504
-₽24504
₽59930
-₽24504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
14 295
pensions
-
-
-
812
national
-
-
-
21 547
municipal
-
-
-
37 823
total
-
-
-
74 477
Employee
190 328
190 328
190 328
-
labour market
15 205
15 205
15 205
-
municipal
40 529
40 529
40 529
-
national
23 252
23 252
23 252
-
pensions
271
271
271
-
total
79 257
79 257
79 257
-
Employer
190 328
190 328
190 328
-
national
23 293
23 293
23 293
-
labour market
15 226
15 226
15 226
-
pensions
541
541
541
-
municipal
40 594
40 594
40 594
-
total
79 654
79 654
79 654
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
179 500
179 500
179 500
179 500
Total tax
158 911
158 911
158 911
74 477
After tax
20 589
20 589
20 589
105 023
Living cost
45 093
45 093
45 093
45 093
Free-cash
-24 504
-24 504
-24 504
59 930

Estimated living cost  is ₽45093 per week

₽30862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽693
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77496
-₽5928
₽102192
₽11399
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
350
health
-
-
-
2 059
accident
-
-
-
238
income
-
-
-
50 264
pensions
-
-
-
3 929
total
-
-
-
56 840
Employee
32 197
-
162 406
-
income
4 417
-
38 643
-
pensions
3 626
-
7 204
-
health
3 687
-
18 595
-
total
11 730
-
64 442
-
Employer
32 197
-
162 406
-
unemployment
789
-
3 979
-
accident
538
-
2 712
-
pensions
5 235
-
10 403
-
total
6 562
-
17 094
-
Corporate
140 741
179 500
-
-
income

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

126 667
161 550
-
-
total
126 667
161 550
-
-
Dividends
14 074
17 950
-
-
withholding
2 674
3 410
-
-
total
2 674
3 410
-
-
Income
179 500
179 500
179 500
179 500
Total tax
147 633
164 960
81 536
56 840
After tax
31 867
14 540
97 964
122 660
Living cost
20 468
20 468
20 468
20 468
Free-cash
11 399
-5 928
77 496
102 192

Estimated living cost  is ₽20468 per week

₽14898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57130
₽75584
₽77693
₽78285
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 372
national
-
-
-
31 545
municipal
-
-
-
31 883
total
-
-
-
65 800
Employee
49 343
-
151 006
-
municipal
8 082
-
24 589
-
national
815
-
18 886
-
pensions
3 330
-
10 193
-
health
368
-
1 935
-
unemployment
740
-
2 266
-
total
13 335
-
57 869
-
Employer
49 343
-
151 006
-
unemployment
320
-
981
-
health
379
-
1 162
-
accident
50
-
151
-
pensions
8 561
-
26 200
-
total
9 310
-
28 494
-
Corporate
120 847
179 500
-
-
income
24 169
35 900
-
-
total
24 169
35 900
-
-
Dividends

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

72 508
107 700
-
-
national
5 343
12 624
-
-
municipal
13 051
19 385
-
-
total
18 394
32 009
-
-
Income
179 500
179 500
179 500
179 500
Total tax
65 208
67 909
86 363
65 800
After tax
114 292
111 591
93 137
113 700
Living cost
36 007
36 007
36 007
36 007
Free-cash
78 285
75 584
57 130
77 693

Estimated living cost  is ₽36007 per week

₽23520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽98716
₽109187
₽100258
₽104082
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 174
health
-
-
-
4 578
income
-
-
-
37 776
total
-
-
-
57 528
Employee
72 118
72 118
168 312
-
social contributions
2 727
5 985
8 073
-
income
7 852
6 676
36 947
-
health
559
1 226
2 862
-
total
11 138
13 887
47 882
-
Employer
72 118
72 118
168 312
-
health
607
1 335
3 115
-
social contributions
2 727
5 985
8 073
-
total
3 334
7 320
11 188
-
Corporate
143 314
100 062
-
-
income
17 914
12 508
-
-
total
17 914
12 508
-
-
Dividends
125 401
87 554
-
-
withholding
21 318
14 884
-
-
total
21 318
14 884
-
-
Income
179 500
179 500
179 500
179 500
Total tax
53 704
48 599
59 070
57 528
After tax
125 796
130 901
120 430
121 972
Living cost
21 714
21 714
21 714
21 714
Free-cash
104 082
109 187
98 716
100 258

Estimated living cost  is ₽21714 per week

₽13014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2130
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118030
₽133754
₽136840
₽128982
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 394
income
-
-
-
18 382
pensions
-
-
-
5 966
unemployment
-
-
-
27
total
-
-
-
27 769
Employee

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

21 527
-
170 334
-
income
1 472
-
16 056
-
pensions
3 229
-
13 348
-
health
1 830
-
7 564
-
unemployment
107
-
445
-
total
6 638
-
37 413
-
Employer

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

21 527
-
170 334
-
unemployment
107
-
445
-
health
925
-
3 827
-
pensions
1 184
-
4 894
-
total
2 216
-
9 166
-
Corporate
155 757
179 500
-
-
income
14 018
16 155
-
-
total
14 018
16 155
-
-
Dividends
141 739
163 345
-
-
withholding
12 756
14 701
-
-
total
12 756
14 701
-
-
Income
179 500
179 500
179 500
179 500
Total tax
35 628
30 856
46 579
27 769
After tax
143 872
148 644
132 921
151 731
Living cost
14 890
14 890
14 890
14 890
Free-cash
128 982
133 754
118 030
136 840

Estimated living cost  is ₽14890 per week

₽9500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70850
₽93686
₽74785
₽89545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
87
accident
-
-
-
783
income
-
-
-
52 846
pensions
-
-
-
24 600
unemployment
-
-
-
609
total
-
-
-
78 925
Employee
34 679
-
151 787
-
income
6 686
-
49 627
-
other
34
-
87
-
pensions
1 630
-
4 086
-
unemployment
537
-
1 347
-
total
8 887
-
55 147
-
Employer
34 679
-
151 787
-
other
278
-
696
-
unemployment
1 908
-
4 780
-
accident
687
-
1 721
-
pensions
8 183
-
20 516
-
total
11 056
-
27 713
-
Corporate
133 765
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.

20 065
26 925
-
-
total
20 065
26 925
-
-
Dividends
113 700
152 575
-
-
withholding
24 157
33 099
-
-
total
24 157
33 099
-
-
Income
179 500
179 500
179 500
179 500
Total tax
64 165
60 024
82 860
78 925
After tax
115 335
119 476
96 640
100 575
Living cost
25 790
25 790
25 790
25 790
Free-cash
89 545
93 686
70 850
74 785

Estimated living cost  is ₽25790 per week

₽17408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113803
₽110276
₽113926
₽109992
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
health
-
-
-
916
income
-
-
-
61 663
pensions
-
-
-
1 263
total
-
-
-
63 842
Employee
2 638
-
178 079
-
income
510
-
61 597
-
pensions
237
-
568
-
health
132
-
316
-
unemployment
26
-
63
-
total
905
-
62 544
-
Employer
2 638
-
178 079
-
unemployment
53
-
126
-
health
251
-
600
-
pensions
290
-
695
-
total
594
-
1 421
-
Corporate
176 269
179 500
-
-
income
38 779
39 490
-
-
total
38 779
39 490
-
-
Dividends
137 489
140 010
-
-
withholding
27 498
28 002
-
-
total
27 498
28 002
-
-
Income
179 500
179 500
179 500
179 500
Total tax
67 776
67 492
63 965
63 842
After tax
111 724
112 008
115 535
115 658
Living cost
1 732
1 732
1 732
1 732
Free-cash
109 992
110 276
113 803
113 926

Estimated living cost  is ₽1732 per week

₽1029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96171
₽113489
₽96171
₽108881
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 130
income
-
-
-
40 962
pensions
-
-
-
17 999
unemployment
-
-
-
1 038
total
-
-
-
67 129
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.

24 428
-
167 108
-
income
3 367
-
40 962
-
pensions
3 420
-
9 692
-
health
1 258
-
3 565
-
unemployment
183
-
519
-
total
8 228
-
54 738
-
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.

24 428
-
167 108
-
unemployment
183
-
519
-
health
1 258
-
3 565
-
pensions
2 931
-
8 307
-
total
4 372
-
12 391
-
Corporate
150 699
179 500
-
-
income
22 605
26 925
-
-
total
22 605
26 925
-
-
Dividends
128 094
152 575
-
-
withholding
19 214
22 886
-
-
total
19 214
22 886
-
-
Income
179 500
179 500
179 500
179 500
Total tax
54 419
49 811
67 129
67 129
After tax
125 081
129 689
112 371
112 371
Living cost
16 200
16 200
16 200
16 200
Free-cash
108 881
113 489
96 171
96 171

Estimated living cost  is ₽16200 per week

₽10907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
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.
₽3571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56320
₽76815
₽69930
₽76477
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 910
surtax
-
-
-
-
total
-
-
-
84 286
Employee
36 401
-
145 051
-
surtax
-
-
-
-
social contributions
4 005
-
15 956
-
income
7 112
-
47 491
-
total
11 117
-
63 447
-
Employer
36 401
-
145 051
-
social contributions
8 644
-
34 449
-
total
8 644
-
34 449
-
Corporate
134 455
179 500
-
-
surtax
-
-
-
-
income
28 236
37 696
-
-
total
28 236
37 696
-
-
Dividends
106 219
141 804
-
-
withholding
29 742
39 705
-
-
total
29 742
39 705
-
-
Income
179 500
179 500
179 500
179 500
Total tax
77 739
77 401
97 896
84 286
After tax
101 761
102 099
81 604
95 214
Living cost
25 284
25 284
25 284
25 284
Free-cash
76 477
76 815
56 320
69 930

Estimated living cost  is ₽25284 per week

₽17908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63679
₽86515
₽67614
₽80379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
87
accident
-
-
-
783
income
-
-
-
52 846
pensions
-
-
-
24 600
unemployment
-
-
-
609
total
-
-
-
78 925
Employee
45 295
-
151 787
-
income
9 460
-
49 627
-
other
44
-
87
-
pensions
2 129
-
4 086
-
unemployment
701
-
1 347
-
total
12 334
-
55 147
-
Employer
45 295
-
151 787
-
other
363
-
696
-
unemployment
2 492
-
4 780
-
accident
897
-
1 721
-
pensions
10 689
-
20 516
-
total
14 441
-
27 713
-
Corporate
119 764
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.

17 965
26 925
-
-
total
17 965
26 925
-
-
Dividends
101 799
152 575
-
-
withholding
21 420
33 099
-
-
total
21 420
33 099
-
-
Income
179 500
179 500
179 500
179 500
Total tax
66 160
60 024
82 860
78 925
After tax
113 340
119 476
96 640
100 575
Living cost
32 961
32 961
32 961
32 961
Free-cash
80 379
86 515
63 679
67 614

Estimated living cost  is ₽32961 per week

₽23671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
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.
₽6263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135120
₽137480
₽127911
₽131814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
health
-
-
-
3 735
income
-
-
-
26 925
pensions

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

-
-
-
4 806
unemployment
-
-
-
130
total
-
-
-
35 596
Employee
21 177
-
173 129
-
income
2 118
-
17 313
-
accident

We are using the highest rate at 1.1%.

233
-
357
-
pensions

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

1 859
-
2 851
-
health
974
-
1 494
-
total
5 184
-
22 015
-
Employer
21 177
-
173 129
-
unemployment
127
-
195
-
health
1 461
-
2 241
-
accident

We are using the highest rate at 1.1%.

233
-
357
-
pensions

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

2 334
-
3 579
-
total
4 155
-
6 372
-
Corporate
154 168
179 500
-
-
income
15 416
17 950
-
-
total
15 416
17 950
-
-
Dividends
138 752
161 550
-
-
withholding
6 938
8 077
-
-
total
6 938
8 077
-
-
Income
179 500
179 500
179 500
179 500
Total tax
31 693
26 027
28 387
35 596
After tax
147 807
153 473
151 113
143 904
Living cost
15 993
15 993
15 993
15 993
Free-cash
131 814
137 480
135 120
127 911

Estimated living cost  is ₽15993 per week

₽10578
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76673
₽56146
₽57172
₽68419
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 407
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.

-
-
-
57 071
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.

-
-
-
3 140
trade
-
-
-
19 501
total
-
-
-
86 119
Employee

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

46 665
-
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.

212
-
3 140
-
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.

3 837
-
57 071
-
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.

6 407
-
6 407
-
total
10 456
-
66 618
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
132 835
179 500
-
-
chamber of commerce
336
406
-
-
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.

1 096
1 481
-
-
trade
19 061
25 759
-
-
income
19 925
26 925
-
-
total
40 418
54 571
-
-
Dividends
92 416
124 930
-
-
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.

1 251
1 698
-
-
withholding
22 747
30 876
-
-
total
23 998
32 574
-
-
Income
179 500
179 500
179 500
179 500
Total tax
74 872
87 145
66 618
86 119
After tax
104 628
92 355
112 882
93 381
Living cost
36 209
36 209
36 209
36 209
Free-cash
68 419
56 146
76 673
57 172

Estimated living cost  is ₽36209 per week

₽24977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39500
₽72224
₽39500
₽74296
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
income
-
-
-
56 298
social contributions
-
-
-
30 277
total
-
-
-
86 575
Employee
73 362
-
179 500
-
income
13 843
-
56 298
-
social contributions
6 095
-
30 277
-
total
19 938
-
86 575
-
Employer
73 362
-
179 500
-
total
-
-
-
-
Corporate
106 138
179 500
-
-
income
13 267
22 438
-
-
total
13 267
22 438
-
-
Dividends
92 871
157 062
-
-
withholding
18 574
31 413
-
-
total
18 574
31 413
-
-
Income
179 500
179 500
179 500
179 500
Total tax
51 779
53 851
86 575
86 575
After tax
127 721
125 649
92 925
92 925
Living cost
53 425
53 425
53 425
53 425
Free-cash
74 296
72 224
39 500
39 500

Estimated living cost  is ₽53425 per week

₽40645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7916
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92712
₽77675
₽112730
₽80952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
26 925
health

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

-
-
-
5 800
total
-
-
-
32 725
Employee
43 024
-
175 186
-
income
4 668
-
44 115
-
social contributions
4 311
-
4 314
-
total
8 979
-
48 429
-
Employer
43 024
-
175 186
-
social contributions
4 311
-
4 314
-
total
4 311
-
4 314
-
Corporate
132 165
179 500
-
-
income
46 258
62 825
-
-
total
46 258
62 825
-
-
Dividends
85 907
116 675
-
-
social contributions
4 955
4 955
-
-
total
4 955
4 955
-
-
Income
179 500
179 500
179 500
179 500
Total tax
64 503
67 780
52 743
32 725
After tax
114 997
111 720
126 757
146 775
Living cost
34 045
34 045
34 045
34 045
Free-cash
80 952
77 675
92 712
112 730

Estimated living cost  is ₽34045 per week

₽22425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67226
₽81319
₽83382
₽86808
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 026
pensions
-
-
-
8 664
total
-
-
-
61 690
Employee
47 257
-
156 654
-
income
8 606
-
42 254
-
health
616
-
2 209
-
pensions
3 607
-
10 537
-
total
12 829
-
55 000
-
Employer
47 257
-
156 654
-
health
898
-
2 976
-
pensions
4 774
-
19 870
-
total
5 672
-
22 846
-
Corporate
126 570
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.

24 048
34 105
-
-
total
24 048
34 105
-
-
Dividends
102 522
145 395
-
-
withholding
15 715
29 648
-
-
total
15 715
29 648
-
-
Income
179 500
179 500
179 500
179 500
Total tax
58 264
63 753
77 846
61 690
After tax
121 236
115 747
101 654
117 810
Living cost
34 428
34 428
34 428
34 428
Free-cash
86 808
81 319
67 226
83 382

Estimated living cost  is ₽34428 per week

₽23617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽75470
-₽7954
₽100166
₽11090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
350
health
-
-
-
2 059
accident
-
-
-
238
income
-
-
-
50 264
pensions
-
-
-
3 929
total
-
-
-
56 840
Employee
35 384
-
162 406
-
income
4 854
-
38 643
-
pensions
3 984
-
7 204
-
health
4 051
-
18 595
-
total
12 889
-
64 442
-
Employer
35 384
-
162 406
-
unemployment
867
-
3 979
-
accident
591
-
2 712
-
pensions
5 753
-
10 403
-
total
7 211
-
17 094
-
Corporate
136 905
179 500
-
-
income

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

123 215
161 550
-
-
total
123 215
161 550
-
-
Dividends
13 691
17 950
-
-
withholding
2 601
3 410
-
-
total
2 601
3 410
-
-
Income
179 500
179 500
179 500
179 500
Total tax
145 916
164 960
81 536
56 840
After tax
33 584
14 540
97 964
122 660
Living cost
22 494
22 494
22 494
22 494
Free-cash
11 090
-7 954
75 470
100 166

Estimated living cost  is ₽22494 per week

₽16508
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116414
₽124656
₽95801
₽134003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
29 813
health insurance
-
-
-
11 093
work injury
-
-
-
750
pensions
-
-
-
27 583
unemployment
-
-
-
1 799
total
-
-
-
71 038
Employee

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

20 258
-
179 500
-
income
2 026
-
29 813
-
work injury
101
-
375
-
health insurance
1 499
-
5 547
-
pensions
3 728
-
13 791
-
unemployment
243
-
899
-
total
7 597
-
50 425
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
159 242
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%.

1 592
17 950
-
-
total
1 592
17 950
-
-
Dividends
157 649
161 550
-
-
withholding
23 647
24 233
-
-
total
23 647
24 233
-
-
Income
179 500
179 500
179 500
179 500
Total tax
32 836
42 183
50 425
71 038
After tax
146 664
137 317
129 075
108 462
Living cost
12 661
12 661
12 661
12 661
Free-cash
134 003
124 656
116 414
95 801

Estimated living cost  is ₽12661 per week

₽7844
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37584
₽57186
₽45464
₽52920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 168
national
-
-
-
45 180
regional
-
-
-
4 126
municipal
-
-
-
1 200
total
-
-
-
96 674
Employee
79 031
-
179 500
-
social contributions
26 649
-
60 527
-
municipal
472
-
1 071
-
national
13 355
-
39 292
-
regional
1 193
-
3 664
-
total
41 669
-
104 554
-
Employer
79 031
-
179 500
-
total
-
-
-
-
Corporate
100 469
179 500
-
-
nationa
24 113
43 080
-
-
municipal
4 843
8 652
-
-
total
28 956
51 732
-
-
Dividends
71 514
127 769
-
-
withholding
18 593
33 220
-
-
total
18 593
33 220
-
-
Income
179 500
179 500
179 500
179 500
Total tax
89 218
84 952
104 554
96 674
After tax
90 282
94 548
74 946
82 826
Living cost
37 362
37 362
37 362
37 362
Free-cash
52 920
57 186
37 584
45 464

Estimated living cost  is ₽37362 per week

₽26245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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