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
₽60066
₽83357
₽62450
₽71189
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
55 744
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.

-
-
-
3 065
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.

-
-
-
6 871
trade
-
-
-
20 907
total
-
-
-
86 587
Employee

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

38 468
-
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.

59
-
3 065
-
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.

1 075
-
55 744
-
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.

6 871
-
6 871
-
total
8 005
-
65 680
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 032
179 500
-
-
income
21 155
26 925
-
-
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.

1 164
1 481
-
-
chamber of commerce
355
410
-
-
trade
22 212
28 272
-
-
total
44 886
57 088
-
-
Dividends
96 146
122 412
-
-
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.

1 302
1 662
-
-
withholding
23 655
30 221
-
-
total
24 957
31 883
-
-
Income
179 500
179 500
179 500
179 500
Total tax
77 848
88 971
65 680
86 587
After tax
101 652
90 529
113 820
92 913
Living cost
30 463
30 463
30 463
30 463
Free-cash
71 189
60 066
83 357
62 450

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58597
₽53976
₽52594
₽57708
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
19 621
national
-
-
-
30 404
pensions
-
-
-
21 540
total
-
-
-
73 495
Employee
82 797
-
155 176
-
municipal
10 227
-
20 316
-
pensions
3 312
-
6 207
-
national
15 847
-
31 508
-
total
29 386
-
58 031
-
Employer
82 797
-
155 176
-
pensions
6 624
-
12 414
-
social contributions
890
-
1 668
-
total
7 514
-
14 082
-
Corporate
83 725
179 500
-
-
income

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

16 745
35 900
-
-
total
16 745
35 900
-
-
Dividends
66 980
143 600
-
-
withholding
14 736
31 592
-
-
total
14 736
31 592
-
-
Income
179 500
179 500
179 500
179 500
Total tax
68 381
67 492
72 113
73 495
After tax
111 119
112 008
107 387
106 005
Living cost
53 411
53 411
53 411
53 411
Free-cash
57 708
58 597
53 976
52 594

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122675
₽54657
₽41220
₽114427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
33 049
surtax
-
-
-
45 772
social contributions

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

-
-
-
38 535
microenterprise
-
-
-
-
total
-
-
-
117 356
Employee
29 388
-
135 698
-
surtax
-
-
19 676
-
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.

3 233
-
13 185
-
income
5 231
-
27 256
-
total
8 464
-
60 117
-
Employer
29 388
-
135 698
-
social contributions

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

7 079
-
28 875
-
surtax
-
-
14 927
-
total
7 079
-
43 802
-
Corporate
143 033
179 500
-
-
income

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

28 606
35 901
-
-
total
28 606
35 901
-
-
Dividends

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

114 427
143 599
-
-
total
-
-
-
-
Income
179 500
179 500
179 500
179 500
Total tax
44 149
35 901
103 919
117 356
After tax
135 351
143 599
75 581
62 144
Living cost
20 924
20 924
20 924
20 924
Free-cash
114 427
122 675
54 657
41 220

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46772
₽70268
₽56803
₽40610
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 379
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
80 565
Employee
85 887
85 887
160 809
-
pensions
15 460
11 784
11 784
-
income

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

14 058
14 058
24 223
-
health
13 183
11 213
12 402
-
total
42 701
37 055
48 409
-
Employer
85 887
85 887
160 809
-
health
5 970
5 970
7 419
-
pensions
5 978
5 978
7 430
-
unemployment
3 092
3 092
3 842
-
total
15 040
15 040
18 691
-
Corporate
79 627
78 573
-
-
income
15 925
15 715
-
-
total
15 925
15 715
-
-
Dividends
63 702
62 858
-
-
income
13 538
13 358
-
-
withholding
9 554
9 428
-
-
total
23 092
22 786
-
-
Income
179 500
179 500
179 500
179 500
Total tax
96 758
90 596
67 100
80 565
After tax
82 742
88 904
112 400
98 935
Living cost
42 132
42 132
42 132
42 132
Free-cash
40 610
46 772
70 268
56 803

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56801
₽50116
₽51116
₽55876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
accident
-
-
-
181
other
-
-
-
10 494
unemployment
-
-
-
90
health
-
-
-
5 635
municipal
-
-
-
45 725
national
-
-
-
15 291
pensions
-
-
-
9 762
total
-
-
-
87 178
Employee
58 715
-
151 125
-
municipal
17 509
-
45 065
-
national
-
-
14 738
-
total
17 509
-
59 803
-
Employer
58 715
-
151 125
-
health
3 611
-
5 554
-
pensions
6 347
-
9 762
-
accident
117
-
181
-
unemployment
1 550
-
2 384
-
other
6 823
-
10 494
-
total
18 448
-
28 375
-
Corporate
102 337
179 500
-
-
income
22 514
39 490
-
-
total
22 514
39 490
-
-
Dividends
79 823
140 010
-
-
withholding
23 947
42 003
-
-
total
23 947
42 003
-
-
Income
179 500
179 500
179 500
179 500
Total tax
82 418
81 493
88 178
87 178
After tax
97 082
98 007
91 322
92 322
Living cost
41 206
41 206
41 206
41 206
Free-cash
55 876
56 801
50 116
51 116

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50095
₽74310
₽52474
₽64227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
55 744
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.

-
-
-
3 065
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.

-
-
-
6 871
trade
-
-
-
21 836
total
-
-
-
87 516
Employee

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

51 004
-
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.

240
-
3 065
-
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.

4 382
-
55 744
-
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.

6 871
-
6 871
-
total
11 493
-
65 680
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
128 496
179 500
-
-
income
19 275
26 925
-
-
surtax

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

1 059
1 481
-
-
chamber of commerce
336
408
-
-
trade
21 138
29 528
-
-
total
41 808
58 342
-
-
Dividends
86 689
121 158
-
-
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.

1 172
1 645
-
-
withholding
21 290
29 908
-
-
total
22 462
31 553
-
-
Income
179 500
179 500
179 500
179 500
Total tax
75 763
89 895
65 680
87 516
After tax
103 737
89 605
113 820
91 984
Living cost
39 510
39 510
39 510
39 510
Free-cash
64 227
50 095
74 310
52 474

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98319
₽88378
₽89951
₽94148
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 078
social contributions
-
-
-
16 273
health
-
-
-
4 577
total
-
-
-
56 928
Employee
77 337
77 337
167 739
-
social contributions
3 758
6 419
8 657
-
income
8 121
7 159
35 233
-
health
769
1 315
2 851
-
total
12 648
14 893
46 741
-
Employer
77 337
77 337
167 739
-
health
838
1 431
3 103
-
social contributions
3 758
6 419
8 657
-
total
4 596
7 850
11 760
-
Corporate
129 634
94 313
-
-
income
16 204
11 789
-
-
total
16 204
11 789
-
-
Dividends
113 430
82 523
-
-
withholding
19 283
14 028
-
-
total
19 283
14 028
-
-
Income
179 500
179 500
179 500
179 500
Total tax
52 731
48 560
58 501
56 928
After tax
126 769
130 940
120 999
122 572
Living cost
32 621
32 621
32 621
32 621
Free-cash
94 148
98 319
88 378
89 951

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
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.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82377
₽85602
₽105893
₽82761
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 944
unemployment
-
-
-
2 693
health
-
-
-
12 565
pensions
-
-
-
17 950
total
-
-
-
55 152
Employee

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

The minimum wage is 138,000 HUF per month.

26 641
10 603
150 209
-
unemployment
400
159
2 253
-
pensions
2 664
1 060
15 021
-
income
3 257
1 296
18 363
-
health
1 865
742
10 515
-
total
8 186
3 257
46 152
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 641
10 603
150 209
-
pensions
5 195
2 068
29 291
-
total
5 195
2 068
29 291
-
Corporate
147 664
166 830
-
-
income
13 290
15 015
-
-
total
13 290
15 015
-
-
Dividends
134 375
151 815
-
-
social contributions
26 082
29 483
-
-
withholding
25 531
28 845
-
-
total
51 613
58 328
-
-
Income
179 500
179 500
179 500
179 500
Total tax
78 284
78 668
75 443
55 152
After tax
101 216
100 832
104 057
124 348
Living cost
18 455
18 455
18 455
18 455
Free-cash
82 761
82 377
85 602
105 893

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119307
₽79167
₽71920
₽113060
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
income
-
-
-
24 052
health
-
-
-
23 334
pensions
-
-
-
35 901
total
-
-
-
83 287
Employee
28 531
-
134 156
-
unemployment
456
-
2 147
-
pensions
571
-
2 683
-
income
3 212
-
25 865
-
total
4 239
-
30 695
-
Employer
28 531
-
134 156
-
health
3 708
-
17 441
-
pensions
5 707
-
26 831
-
unemployment
229
-
1 073
-
total
9 644
-
45 345
-
Corporate
141 324
179 500
-
-
income
28 264
35 901
-
-
total
28 264
35 901
-
-
Dividends
113 060
143 599
-
-
total
-
-
-
-
Income
179 500
179 500
179 500
179 500
Total tax
42 147
35 901
76 040
83 287
After tax
137 353
143 599
103 460
96 213
Living cost
24 292
24 292
24 292
24 292
Free-cash
113 060
119 307
79 167
71 920

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
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.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7860
₽75105
₽100307
₽11103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
accident
-
-
-
257
income
-
-
-
49 702
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
56 793
Employee
35 237
-
161 623
-
pensions
3 968
-
7 768
-
income
4 834
-
37 844
-
health
4 035
-
18 506
-
total
12 837
-
64 118
-
Employer
35 237
-
161 623
-
pensions
5 730
-
11 218
-
accident
588
-
2 699
-
unemployment
863
-
3 960
-
total
7 181
-
17 877
-
Corporate
137 082
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.

123 374
161 550
-
-
total
123 374
161 550
-
-
Dividends
13 708
17 950
-
-
withholding
2 605
3 410
-
-
total
2 605
3 410
-
-
Income
179 500
179 500
179 500
179 500
Total tax
145 997
164 960
81 995
56 793
After tax
33 503
14 540
97 505
122 707
Living cost
22 400
22 400
22 400
22 400
Free-cash
11 103
-7 860
75 105
100 307

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162385
₽135460
₽169565
₽160859
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
179 500
microenterprise

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

-
-
-
1 795
total
-
-
-
1 795
Employee
10 174
-
179 500
-
income
2 035
-
35 900
-
total
2 035
-
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%.

169 326
179 500
-
-
total
-
-
-
-
Dividends
169 326
179 500
-
-
withholding
8 466
8 975
-
-
total
8 466
8 975
-
-
Income
179 500
179 500
179 500
179 500
Total tax
10 501
8 975
35 900
1 795
After tax
168 999
170 525
143 600
177 705
Living cost
8 140
8 140
8 140
8 140
Free-cash
160 859
162 385
135 460
169 565

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105079
₽74876
₽74057
₽98283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 944
other
-
-
-
7 264
health
-
-
-
6 730
pensions

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

-
-
-
36 706
total
-
-
-
78 644
Employee
36 518
-
143 368
-
unemployment
365
-
1 433
-
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.

2 556
-
10 037
-
income
6 287
-
28 217
-
health
512
-
2 008
-
total
9 720
-
41 695
-
Employer
36 518
-
143 368
-
health
512
-
2 008
-
pensions

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

6 209
-
24 373
-
accident
292
-
1 147
-
unemployment
365
-
1 433
-
other
1 827
-
7 169
-
total
9 205
-
36 130
-
Corporate
133 779
179 500
-
-
income
28 095
37 695
-
-
total
28 095
37 695
-
-
Dividends
105 685
141 805
-
-
withholding
7 398
9 927
-
-
total
7 398
9 927
-
-
Income
179 500
179 500
179 500
179 500
Total tax
54 418
47 622
77 825
78 644
After tax
125 082
131 878
101 675
100 856
Living cost
26 799
26 799
26 799
26 799
Free-cash
98 283
105 079
74 876
74 057

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
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.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50271
₽35688
₽51916
₽53900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 662
pensions
-
-
-
9 063
total
-
-
-
60 725
Employee
94 595
-
156 772
-
pensions
9 126
-
11 121
-
income
17 052
-
40 845
-
health
1 559
-
2 259
-
total
27 737
-
54 225
-
Employer
94 595
-
156 772
-
health
1 797
-
2 979
-
pensions
11 169
-
19 749
-
total
12 966
-
22 728
-
Corporate
71 939
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.

13 668
34 106
-
-
total
13 668
34 106
-
-
Dividends
58 271
145 394
-
-
withholding
4 370
28 264
-
-
total
4 370
28 264
-
-
Income
179 500
179 500
179 500
179 500
Total tax
58 741
62 370
76 953
60 725
After tax
120 759
117 130
102 547
118 775
Living cost
66 859
66 859
66 859
66 859
Free-cash
53 900
50 271
35 688
51 916

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽140268
₽137039
₽129977
₽135588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 925
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
36 318
Employee
17 485
-
172 598
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
17 260
-
health
804
-
1 618
-
total
4 280
-
22 354
-
Employer
17 485
-
172 598
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
158 584
179 500
-
-
income
15 859
17 950
-
-
total
15 859
17 950
-
-
Dividends
142 725
161 550
-
-
withholding
7 136
8 077
-
-
total
7 136
8 077
-
-
Income
179 500
179 500
179 500
179 500
Total tax
30 707
26 027
29 256
36 318
After tax
148 793
153 473
150 244
143 182
Living cost
13 205
13 205
13 205
13 205
Free-cash
135 588
140 268
137 039
129 977

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33134
₽56630
₽43165
₽35664
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 379
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
80 565
Employee
93 245
85 887
160 809
-
pensions
11 784
11 784
11 784
-
income

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

14 058
14 058
24 223
-
health
11 633
11 213
12 402
-
total
37 475
37 055
48 409
-
Employer
93 245
85 887
160 809
-
health
6 480
5 970
7 419
-
pensions
6 489
5 978
7 430
-
unemployment
3 357
3 092
3 842
-
total
16 326
15 040
18 691
-
Corporate
69 928
78 573
-
-
income
13 986
15 715
-
-
total
13 986
15 715
-
-
Dividends
55 942
62 858
-
-
income
11 887
13 358
-
-
withholding
8 392
9 428
-
-
total
20 279
22 786
-
-
Income
179 500
179 500
179 500
179 500
Total tax
88 066
90 596
67 100
80 565
After tax
91 434
88 904
112 400
98 935
Living cost
55 770
55 770
55 770
55 770
Free-cash
35 664
33 134
56 630
43 165

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98593
₽68512
₽76414
₽89676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 896
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
-
health
-
-
-
24 233
total
-
-
-
78 093
Employee
36 754
-
136 430
-
solidarity contribution
-
-
-
-
social contributions
2 389
-
8 006
-
income
4 411
-
16 501
-
health
4 962
-
18 418
-
total
11 762
-
42 925
-
Employer
36 754
-
136 430
-
health
3 308
-
12 279
-
social contributions
9 189
-
30 791
-
total
12 497
-
43 070
-
Corporate
130 249
179 500
-
-
income
24 747
34 105
-
-
total
24 747
34 105
-
-
Dividends
105 502
145 395
-
-
withholding
15 825
21 809
-
-
total
15 825
21 809
-
-
Income
179 500
179 500
179 500
179 500
Total tax
64 831
55 914
85 995
78 093
After tax
114 669
123 586
93 505
101 407
Living cost
24 993
24 993
24 993
24 993
Free-cash
89 676
98 593
68 512
76 414

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53330
₽35104
₽43213
₽48081
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 167
regional
-
-
-
2 121
municipal
-
-
-
1 067
national
-
-
-
44 493
total
-
-
-
93 848
Employee
89 385
-
179 500
-
municipal
473
-
952
-
national
15 488
-
38 605
-
regional
843
-
1 873
-
social contributions
30 141
-
60 527
-
total
46 945
-
101 957
-
Employer
89 385
-
179 500
-
total
-
-
-
-
Corporate
90 115
179 500
-
-
municipal
3 514
7 001
-
-
nationa
21 628
43 081
-
-
total
25 142
50 082
-
-
Dividends
64 973
129 418
-
-
withholding
16 893
33 649
-
-
total
16 893
33 649
-
-
Income
179 500
179 500
179 500
179 500
Total tax
88 980
83 731
101 957
93 848
After tax
90 520
95 769
77 543
85 652
Living cost
42 439
42 439
42 439
42 439
Free-cash
48 081
53 330
35 104
43 213

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90712
₽56569
₽62719
₽87581
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 179
other
-
-
-
-
surtax
-
-
-
7 804
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
94 588
Employee
33 259
-
151 245
-
other
-
-
-
-
unemployment
2 315
-
9 343
-
pensions
2 218
-
8 953
-
surtax
109
-
6 602
-
income
5 575
-
44 163
-
health
849
-
3 422
-
total
11 066
-
72 483
-
Employer
33 259
-
151 245
-
health
1 514
-
6 108
-
pensions
4 434
-
17 893
-
unemployment
1 054
-
4 254
-
other
-
-
-
-
total
7 002
-
28 255
-
Corporate
139 240
179 500
-
-
income
36 202
46 671
-
-
total
36 202
46 671
-
-
Dividends
103 038
132 829
-
-
withholding
15 456
19 924
-
-
total
15 456
19 924
-
-
Income
179 500
179 500
179 500
179 500
Total tax
69 726
66 595
100 738
94 588
After tax
109 774
112 905
78 762
84 912
Living cost
22 193
22 193
22 193
22 193
Free-cash
87 581
90 712
56 569
62 719

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71454
₽56871
₽73099
₽78059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 662
pensions
-
-
-
9 063
total
-
-
-
60 725
Employee
63 395
-
156 772
-
pensions
5 381
-
11 121
-
income
11 418
-
40 845
-
health
920
-
2 259
-
total
17 719
-
54 225
-
Employer
63 395
-
156 772
-
health
1 204
-
2 979
-
pensions
6 863
-
19 749
-
total
8 067
-
22 728
-
Corporate
108 038
179 500
-
-
income

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

20 528
34 106
-
-
total
20 528
34 106
-
-
Dividends
87 510
145 394
-
-
withholding
9 451
28 264
-
-
total
9 451
28 264
-
-
Income
179 500
179 500
179 500
179 500
Total tax
55 765
62 370
76 953
60 725
After tax
123 735
117 130
102 547
118 775
Living cost
45 676
45 676
45 676
45 676
Free-cash
78 059
71 454
56 871
73 099

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2336
₽57401
₽65716
₽36455
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
8 770
health
-
-
-
403
city
-
-
-
1 892
national
-
-
-
2 870
pensions
-
-
-
16 514
total
-
-
-
34 039
Employee
93 322
-
160 661
-
unemployment
-
-
-
-
pensions
7 840
-
13 495
-
national
442
-
2 143
-
regional
3 056
-
7 560
-
city
1 002
-
1 727
-
health
211
-
360
-
total
12 551
-
25 285
-
Employer
93 322
-
160 661
-
health
211
-
360
-
pensions
7 840
-
13 495
-
unemployment
-
-
-
-
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.

1 866
-
3 214
-
total
9 917
-
17 069
-
Corporate
75 235
179 500
-
-
regional
15 912
37 965
-
-
national
6 394
15 257
-
-
total
22 306
53 222
-
-
Dividends
52 928
126 279
-
-
withholding
18 526
44 197
-
-
total
18 526
44 197
-
-
Income
179 500
179 500
179 500
179 500
Total tax
63 300
97 419
42 354
34 039
After tax
116 200
82 081
137 146
145 461
Living cost
79 745
79 745
79 745
79 745
Free-cash
36 455
2 336
57 401
65 716

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽42608
₽67746
₽44980
₽58915
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
55 744
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.

-
-
-
3 065
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.

-
-
-
6 871
trade
-
-
-
22 766
total
-
-
-
88 446
Employee

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

60 444
-
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.

391
-
3 065
-
income

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

7 108
-
55 744
-
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.

6 871
-
6 871
-
total
14 370
-
65 680
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
119 056
179 500
-
-
income
17 859
26 925
-
-
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.

983
1 481
-
-
chamber of commerce
321
405
-
-
trade
20 418
30 784
-
-
total
39 581
59 595
-
-
Dividends
79 476
119 906
-
-
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.

1 073
1 628
-
-
withholding
19 487
29 595
-
-
total
20 560
31 223
-
-
Income
179 500
179 500
179 500
179 500
Total tax
74 511
90 818
65 680
88 446
After tax
104 989
88 682
113 820
91 054
Living cost
46 074
46 074
46 074
46 074
Free-cash
58 915
42 608
67 746
44 980

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56056
₽63952
₽66706
₽62000
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 258
other
-
-
-
5 564
surtax
-
-
-
-
social contributions
-
-
-
5 115
health
-
-
-
7 663
pensions
-
-
-
31 784
total
-
-
-
78 384
Employee
43 044
-
138 961
-
pensions
4 867
-
9 646
-
surtax
-
-
-
-
social contributions
1 227
-
3 960
-
income
2 540
-
26 993
-
total
8 634
-
40 599
-
Employer
43 044
-
138 961
-
health
3 014
-
12 838
-
pensions
7 071
-
16 243
-
unemployment
1 743
-
5 628
-
social contributions
130
-
416
-
other
1 485
-
5 414
-
total
13 443
-
40 539
-
Corporate
123 013
179 500
-
-
income
34 444
50 261
-
-
surtax
-
-
-
-
total
34 444
50 261
-
-
Dividends
88 569
129 239
-
-
surtax
-
-
-
-
social contributions
15 232
22 231
-
-
withholding
11 337
16 542
-
-
total
26 569
38 773
-
-
Income
179 500
179 500
179 500
179 500
Total tax
83 090
89 034
81 138
78 384
After tax
96 410
90 466
98 362
101 116
Living cost
34 410
34 410
34 410
34 410
Free-cash
62 000
56 056
63 952
66 706

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59465
₽67361
₽70115
₽65055
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 258
other
-
-
-
5 564
surtax
-
-
-
-
social contributions
-
-
-
5 115
health
-
-
-
7 663
pensions
-
-
-
31 784
total
-
-
-
78 384
Employee
38 423
-
138 961
-
pensions
4 346
-
9 646
-
surtax
-
-
-
-
social contributions
1 096
-
3 960
-
income
1 981
-
26 993
-
total
7 423
-
40 599
-
Employer
38 423
-
138 961
-
health
2 689
-
12 838
-
pensions
6 314
-
16 243
-
unemployment
1 556
-
5 628
-
social contributions
115
-
416
-
other
1 326
-
5 414
-
total
12 000
-
40 539
-
Corporate
129 077
179 500
-
-
income
36 141
50 261
-
-
surtax
-
-
-
-
total
36 141
50 261
-
-
Dividends
92 936
129 239
-
-
surtax
-
-
-
-
social contributions
15 984
22 231
-
-
withholding
11 896
16 542
-
-
total
27 880
38 773
-
-
Income
179 500
179 500
179 500
179 500
Total tax
83 444
89 034
81 138
78 384
After tax
96 056
90 466
98 362
101 116
Living cost
31 001
31 001
31 001
31 001
Free-cash
65 055
59 465
67 361
70 115

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88185
₽90175
₽93946
₽88705
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 925
social contributions
-
-
-
24 772
health
-
-
-
12 530
total
-
-
-
64 227
Employee
34 101
-
179 500
-
social contributions
4 707
-
24 772
-
income
5 688
-
30 696
-
health
2 380
-
12 530
-
total
12 775
-
67 998
-
Employer
34 101
-
179 500
-
total
-
-
-
-
Corporate
145 399
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%.

7 270
8 974
-
-
total
7 270
8 974
-
-
Dividends
138 129
170 526
-
-
social contributions
19 061
23 533
-
-
withholding
20 720
25 579
-
-
health
9 642
11 902
-
-
total
49 423
61 014
-
-
Income
179 500
179 500
179 500
179 500
Total tax
69 468
69 988
67 998
64 227
After tax
110 032
109 512
111 502
115 273
Living cost
21 327
21 327
21 327
21 327
Free-cash
88 705
88 185
90 175
93 946

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
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.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63859
₽12113
₽56694
₽62301
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 557
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
718
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
87 367
Employee
50 263
40 080
143 582
-
other
502
401
1 176
-
unemployment
1 508
1 202
3 525
-
pensions
5 147
4 103
12 032
-
income
5 722
2 956
39 811
-
health
1 945
1 552
4 546
-
total
14 824
10 214
61 090
-
Employer
50 263
40 080
143 582
-
chamber of commerce
200
160
574
-
health
1 899
1 515
4 441
-
pensions
6 308
5 031
14 746
-
accident
653
521
1 527
-
unemployment
1 508
1 202
3 525
-
surtax
198
198
198
-
payroll
1 508
1 202
4 308
-
other
2 388
1 903
6 598
-
total
14 662
11 732
35 917
-
Corporate
114 575
127 685
139 765
-
income

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

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

28 644
31 921
34 941
-
total
28 644
31 921
34 941
-
Dividends
85 931
95 764
-
-
withholding
23 630
26 335
-
-
total
23 630
26 335
-
-
Income
179 500
179 500
179 500
179 500
Total tax
81 760
80 202
131 948
87 367
After tax
97 740
99 298
47 552
92 133
Living cost
35 439
35 439
35 439
35 439
Free-cash
62 301
63 859
12 113
56 694

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63711
₽26394
₽41164
₽48628
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
9 266
social contributions
-
-
-
25 075
national
-
-
-
67 324
total
-
-
-
101 665
Employee

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

71 942
-
139 028
-
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.

626
-
1 210
-
communal

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

3 752
-
7 251
-
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.

5 396
-
10 427
-
national
22 118
-
50 540
-
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.

3 380
-
6 535
-
total
35 272
-
75 963
-
Employer

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

71 942
-
139 028
-
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.

4 424
-
8 551
-
pensions

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

6 375
-
12 318
-
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.

935
-
1 807
-
unemployment

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

1 050
-
2 031
-
surtax
8 157
-
15 765
-
total
20 941
-
40 472
-
Corporate
86 617
179 500
-
-
income
17 324
35 901
-
-
surtax
347
718
-
-
total
17 671
36 619
-
-
Dividends
68 945
142 882
-
-
withholding

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

20 317
42 499
-
-
total
20 317
42 499
-
-
Income
179 500
179 500
179 500
179 500
Total tax
94 201
79 118
116 435
101 665
After tax
85 299
100 382
63 065
77 835
Living cost
36 671
36 671
36 671
36 671
Free-cash
48 628
63 711
26 394
41 164

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83299
₽60167
₽64385
₽76408
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
accident
-
-
-
840
income
-
-
-
50 825
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
78 793
Employee
50 064
-
149 781
-
other
50
-
94
-
unemployment
777
-
1 445
-
pensions
2 353
-
4 382
-
income
10 563
-
47 372
-
total
13 743
-
53 293
-
Employer
50 064
-
149 781
-
pensions
11 814
-
22 000
-
accident
991
-
1 846
-
unemployment
2 754
-
5 126
-
other
399
-
746
-
total
15 958
-
29 718
-
Corporate
113 479
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.

17 021
26 925
-
-
total
17 021
26 925
-
-
Dividends
96 458
152 575
-
-
withholding
20 048
32 954
-
-
total
20 048
32 954
-
-
Income
179 500
179 500
179 500
179 500
Total tax
66 770
59 879
83 011
78 793
After tax
112 730
119 621
96 489
100 707
Living cost
36 322
36 322
36 322
36 322
Free-cash
76 408
83 299
60 167
64 385

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50190
₽40983
₽33827
₽37264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
11 345
accident
-
-
-
1 514
income
-
-
-
29 743
surtax
-
-
-
8 898
health
-
-
-
12 612
pensions
-
-
-
26 905
total
-
-
-
91 017
Employee
76 164
-
160 340
-
pensions
6 092
-
12 828
-
surtax
4 668
-
9 827
-
income
7 357
-
34 911
-
health
3 390
-
7 134
-
total
21 507
-
64 700
-
Employer
76 164
-
160 340
-
health
2 323
-
4 890
-
pensions
6 092
-
12 828
-
accident
685
-
1 443
-
total
9 100
-
19 161
-
Corporate
94 235
179 500
-
-
communal
6 361
12 116
-
-
income
14 135
26 925
-
-
surtax
989
1 884
-
-
total
21 485
40 925
-
-
Dividends
72 750
138 576
-
-
income
24 575
12 942
-
-
withholding
10 913
20 787
-
-
total
35 488
33 729
-
-
Income
179 500
179 500
179 500
179 500
Total tax
87 580
74 654
83 861
91 017
After tax
91 920
104 846
95 639
88 483
Living cost
54 656
54 656
54 656
54 656
Free-cash
37 264
50 190
40 983
33 827

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90315
₽56172
₽62322
₽87116
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 179
other
-
-
-
-
surtax
-
-
-
7 804
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
94 588
Employee
33 870
-
151 245
-
other
-
-
-
-
unemployment
2 357
-
9 343
-
pensions
2 260
-
8 953
-
surtax
120
-
6 602
-
income
5 678
-
44 163
-
health
865
-
3 422
-
total
11 280
-
72 483
-
Employer
33 870
-
151 245
-
health
1 540
-
6 108
-
pensions
4 516
-
17 893
-
unemployment
1 075
-
4 254
-
other
-
-
-
-
total
7 131
-
28 255
-
Corporate
138 499
179 500
-
-
income
36 009
46 671
-
-
total
36 009
46 671
-
-
Dividends
102 490
132 829
-
-
withholding
15 374
19 924
-
-
total
15 374
19 924
-
-
Income
179 500
179 500
179 500
179 500
Total tax
69 794
66 595
100 738
94 588
After tax
109 706
112 905
78 762
84 912
Living cost
22 590
22 590
22 590
22 590
Free-cash
87 116
90 315
56 172
62 322

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
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.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67255
₽49908
₽57973
₽65024
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 167
regional
-
-
-
2 707
municipal
-
-
-
1 067
national
-
-
-
44 493
total
-
-
-
94 434
Employee
55 790
-
179 500
-
municipal
296
-
952
-
national
8 839
-
38 605
-
regional
751
-
2 415
-
social contributions
18 813
-
60 527
-
total
28 699
-
102 499
-
Employer
55 790
-
179 500
-
total
-
-
-
-
Corporate
123 710
179 500
-
-
municipal
6 148
8 921
-
-
nationa
29 690
43 081
-
-
total
35 838
52 002
-
-
Dividends
87 872
127 498
-
-
withholding
22 846
33 150
-
-
total
22 846
33 150
-
-
Income
179 500
179 500
179 500
179 500
Total tax
87 383
85 152
102 499
94 434
After tax
92 117
94 348
77 001
85 066
Living cost
27 093
27 093
27 093
27 093
Free-cash
65 024
67 255
49 908
57 973

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92788
₽62707
₽70609
₽81801
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 896
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
-
health
-
-
-
24 233
total
-
-
-
78 093
Employee
45 291
-
136 430
-
solidarity contribution
-
-
-
-
social contributions
2 944
-
8 006
-
income
5 435
-
16 501
-
health
6 114
-
18 418
-
total
14 493
-
42 925
-
Employer
45 291
-
136 430
-
health
4 076
-
12 279
-
social contributions
11 323
-
30 791
-
total
15 399
-
43 070
-
Corporate
118 810
179 500
-
-
income
22 574
34 105
-
-
total
22 574
34 105
-
-
Dividends
96 236
145 395
-
-
withholding
14 435
21 809
-
-
total
14 435
21 809
-
-
Income
179 500
179 500
179 500
179 500
Total tax
66 901
55 914
85 995
78 093
After tax
112 599
123 586
93 505
101 407
Living cost
30 798
30 798
30 798
30 798
Free-cash
81 801
92 788
62 707
70 609

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67317
₽15515
₽60244
₽66818
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 557
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
718
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
87 169
Employee
43 964
40 080
143 767
-
other
439
401
1 176
-
unemployment
1 319
1 202
3 525
-
pensions
4 502
4 103
12 032
-
income
3 916
2 956
39 899
-
health
1 701
1 552
4 546
-
total
11 877
10 214
61 178
-
Employer
43 964
40 080
143 767
-
chamber of commerce
176
160
574
-
health
1 662
1 515
4 441
-
pensions
5 518
5 031
14 746
-
accident
571
521
1 527
-
unemployment
1 319
1 202
3 525
-
surtax
-
-
-
-
payroll
1 319
1 202
4 313
-
other
2 088
1 903
6 606
-
total
12 653
11 534
35 732
-
Corporate
122 884
127 884
139 950
-
income

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

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

30 721
31 971
34 988
-
total
30 721
31 971
34 988
-
Dividends
92 163
95 913
-
-
withholding
25 344
26 377
-
-
total
25 344
26 377
-
-
Income
179 500
179 500
179 500
179 500
Total tax
80 595
80 096
131 898
87 169
After tax
98 905
99 404
47 602
92 331
Living cost
32 087
32 087
32 087
32 087
Free-cash
66 818
67 317
15 515
60 244

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
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.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157841
₽130916
₽165021
₽155463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 855
-
179 500
-
income
3 171
-
35 900
-
total
3 171
-
35 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

163 645
179 500
-
-
total
-
-
-
-
Dividends
163 645
179 500
-
-
withholding
8 182
8 975
-
-
total
8 182
8 975
-
-
Income
179 500
179 500
179 500
179 500
Total tax
11 353
8 975
35 900
1 795
After tax
168 147
170 525
143 600
177 705
Living cost
12 684
12 684
12 684
12 684
Free-cash
155 463
157 841
130 916
165 021

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96609
₽55819
₽60575
₽88197
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
41 236
unemployment
-
-
-
269
health
-
-
-
17 662
pensions
-
-
-
32 782
total
-
-
-
91 949
Employee

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

44 474
-
155 318
-
unemployment
63
-
218
-
pensions
6 894
-
24 075
-
income
7 670
-
38 196
-
health
2 872
-
10 033
-
total
17 499
-
72 522
-
Employer

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

44 474
-
155 318
-
health
2 962
-
10 343
-
pensions
3 936
-
13 746
-
unemployment
27
-
94
-
total
6 925
-
24 183
-
Corporate
128 101
179 500
-
-
income
24 338
34 105
-
-
total
24 338
34 105
-
-
Dividends
103 763
145 395
-
-
withholding
15 565
21 810
-
-
total
15 565
21 810
-
-
Income
179 500
179 500
179 500
179 500
Total tax
64 327
55 915
96 705
91 949
After tax
115 173
123 585
82 795
87 551
Living cost
26 976
26 976
26 976
26 976
Free-cash
88 197
96 609
55 819
60 575

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65205
₽122081
₽80046
₽16697
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
income
-
-
-
34 988
social contributions
-
-
-
20 463
total
-
-
-
55 451
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
27 442
179 500
-
-
income
6 037
39 490
-
-
total
6 037
39 490
-
-
Dividends
21 405
140 010
-
-
income
4 709
30 802
-
-
total
4 709
30 802
-
-
Income
179 500
179 500
179 500
179 500
Total tax
118 800
70 292
13 416
55 451
After tax
60 700
109 208
166 084
124 049
Living cost
44 003
44 003
44 003
44 003
Free-cash
16 697
65 205
122 081
80 046

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70552
₽50824
₽64434
₽69540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
21 142
surtax
-
-
-
-
social contributions

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

-
-
-
62 377
total
-
-
-
83 519
Employee
46 257
-
145 050
-
surtax
-
-
-
-
social contributions
5 088
-
15 956
-
income
9 622
-
46 723
-
total
14 710
-
62 679
-
Employer
46 257
-
145 050
-
social contributions
10 986
-
34 450
-
total
10 986
-
34 450
-
Corporate
122 258
179 500
-
-
income
25 674
37 695
-
-
surtax
-
-
-
-
total
25 674
37 695
-
-
Dividends
96 583
141 805
-
-
withholding
27 043
39 706
-
-
total
27 043
39 706
-
-
Income
179 500
179 500
179 500
179 500
Total tax
78 413
77 401
97 129
83 519
After tax
101 087
102 099
82 371
95 981
Living cost
31 547
31 547
31 547
31 547
Free-cash
69 540
70 552
50 824
64 434

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41890
₽49786
₽52540
₽48802
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 258
other
-
-
-
5 564
surtax
-
-
-
-
social contributions
-
-
-
5 115
health
-
-
-
7 663
pensions
-
-
-
31 784
total
-
-
-
78 384
Employee
62 992
-
138 961
-
pensions
7 125
-
9 646
-
surtax
-
-
-
-
social contributions
1 794
-
3 960
-
income
5 496
-
26 993
-
total
14 415
-
40 599
-
Employer
62 992
-
138 961
-
health
4 409
-
12 838
-
pensions
10 350
-
16 243
-
unemployment
2 552
-
5 628
-
social contributions
189
-
416
-
other
2 174
-
5 414
-
total
19 674
-
40 539
-
Corporate
96 834
179 500
-
-
income
27 114
50 261
-
-
surtax
-
-
-
-
total
27 114
50 261
-
-
Dividends
69 721
129 239
-
-
surtax
-
-
-
-
social contributions
11 994
22 231
-
-
withholding
8 925
16 542
-
-
total
20 919
38 773
-
-
Income
179 500
179 500
179 500
179 500
Total tax
82 122
89 034
81 138
78 384
After tax
97 378
90 466
98 362
101 116
Living cost
48 576
48 576
48 576
48 576
Free-cash
48 802
41 890
49 786
52 540

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131318
₽106655
₽101883
₽127940
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 894
social contributions
-
-
-
39 491
total
-
-
-
47 385
Employee
32 334
-
155 412
-
income
-
-
8 423
-
social contributions
2 101
-
10 102
-
total
2 101
-
18 525
-
Employer
32 334
-
155 412
-
social contributions
5 012
-
24 088
-
total
5 012
-
24 088
-
Corporate
142 154
179 500
-
-
income
14 215
17 950
-
-
total
14 215
17 950
-
-
Dividends
127 939
161 550
-
-
total
-
-
-
-
Income
179 500
179 500
179 500
179 500
Total tax
21 328
17 950
42 613
47 385
After tax
158 172
161 550
136 887
132 115
Living cost
30 232
30 232
30 232
30 232
Free-cash
127 940
131 318
106 655
101 883

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39526
-₽39526
₽57312
-₽39526
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 290
municipal
-
-
-
37 463
national
-
-
-
21 150
pensions
-
-
-
871
total
-
-
-
73 774
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
179 500
179 500
179 500
179 500
Total tax
170 612
170 612
170 612
73 774
After tax
8 888
8 888
8 888
105 726
Living cost
48 414
48 414
48 414
48 414
Free-cash
-39 526
-39 526
-39 526
57 312

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7530
₽75435
₽100637
₽11154
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
accident
-
-
-
257
income
-
-
-
49 702
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
56 793
Employee
34 717
-
161 623
-
pensions
3 909
-
7 768
-
income
4 763
-
37 844
-
health
3 975
-
18 506
-
total
12 647
-
64 118
-
Employer
34 717
-
161 623
-
pensions
5 645
-
11 218
-
accident
580
-
2 699
-
unemployment
851
-
3 960
-
total
7 076
-
17 877
-
Corporate
137 707
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.

123 937
161 550
-
-
total
123 937
161 550
-
-
Dividends
13 771
17 950
-
-
withholding
2 616
3 410
-
-
total
2 616
3 410
-
-
Income
179 500
179 500
179 500
179 500
Total tax
146 276
164 960
81 995
56 793
After tax
33 224
14 540
97 505
122 707
Living cost
22 070
22 070
22 070
22 070
Free-cash
11 154
-7 530
75 435
100 637

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73719
₽55401
₽76822
₽76304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 344
municipal
-
-
-
31 889
national
-
-
-
29 832
total
-
-
-
64 065
Employee
52 914
-
151 007
-
municipal
8 667
-
24 596
-
unemployment
794
-
2 266
-
pensions
3 571
-
10 194
-
national
874
-
18 032
-
health
395
-
1 905
-
total
14 301
-
56 993
-
Employer
52 914
-
151 007
-
health
407
-
1 162
-
pensions
9 180
-
26 199
-
accident
53
-
151
-
unemployment
344
-
981
-
total
9 984
-
28 493
-
Corporate
116 602
179 500
-
-
income
23 321
35 901
-
-
total
23 321
35 901
-
-
Dividends

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

69 960
107 699
-
-
municipal
12 593
19 386
-
-
national
4 384
11 881
-
-
total
16 977
31 267
-
-
Income
179 500
179 500
179 500
179 500
Total tax
64 583
67 168
85 486
64 065
After tax
114 917
112 332
94 014
115 435
Living cost
38 613
38 613
38 613
38 613
Free-cash
76 304
73 719
55 401
76 822

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107654
₽97713
₽99286
₽102179
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 078
social contributions
-
-
-
16 273
health
-
-
-
4 577
total
-
-
-
56 928
Employee
77 337
77 337
167 739
-
social contributions
2 924
6 419
8 657
-
income
8 421
7 159
35 233
-
health
599
1 315
2 851
-
total
11 944
14 893
46 741
-
Employer
77 337
77 337
167 739
-
health
651
1 431
3 103
-
social contributions
2 924
6 419
8 657
-
total
3 575
7 850
11 760
-
Corporate
140 695
94 313
-
-
income
17 588
11 789
-
-
total
17 588
11 789
-
-
Dividends
123 108
82 523
-
-
withholding
20 928
14 028
-
-
total
20 928
14 028
-
-
Income
179 500
179 500
179 500
179 500
Total tax
54 035
48 560
58 501
56 928
After tax
125 465
130 940
120 999
122 572
Living cost
23 286
23 286
23 286
23 286
Free-cash
102 179
107 654
97 713
99 286

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132676
₽115012
₽135182
₽127559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
18 283
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
28 350
Employee

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

23 085
-
169 671
-
unemployment
115
-
477
-
pensions
3 462
-
14 314
-
income
1 578
-
15 788
-
health
1 962
-
8 112
-
total
7 117
-
38 691
-
Employer

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

23 085
-
169 671
-
health
992
-
4 103
-
pensions
1 269
-
5 249
-
unemployment
115
-
477
-
total
2 376
-
9 829
-
Corporate
154 038
179 500
-
-
income
13 864
16 154
-
-
total
13 864
16 154
-
-
Dividends
140 174
163 346
-
-
withholding
12 616
14 702
-
-
total
12 616
14 702
-
-
Income
179 500
179 500
179 500
179 500
Total tax
35 973
30 856
48 520
28 350
After tax
143 527
148 644
130 980
151 150
Living cost
15 968
15 968
15 968
15 968
Free-cash
127 559
132 676
115 012
135 182

Estimated living cost  is ₽15968 per week

₽10188
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.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91964
₽68832
₽73050
₽87520
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
accident
-
-
-
840
income
-
-
-
50 825
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
78 793
Employee
37 188
-
149 781
-
other
36
-
94
-
unemployment
576
-
1 445
-
pensions
1 748
-
4 382
-
income
7 170
-
47 372
-
total
9 530
-
53 293
-
Employer
37 188
-
149 781
-
pensions
8 776
-
22 000
-
accident
737
-
1 846
-
unemployment
2 046
-
5 126
-
other
298
-
746
-
total
11 857
-
29 718
-
Corporate
130 455
179 500
-
-
income

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

19 569
26 925
-
-
total
19 569
26 925
-
-
Dividends
110 887
152 575
-
-
withholding
23 367
32 954
-
-
total
23 367
32 954
-
-
Income
179 500
179 500
179 500
179 500
Total tax
64 323
59 879
83 011
78 793
After tax
115 177
119 621
96 489
100 707
Living cost
27 657
27 657
27 657
27 657
Free-cash
87 520
91 964
68 832
73 050

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110049
₽113426
₽113565
₽109728
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
income
-
-
-
61 511
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
63 976
Employee
2 983
-
177 893
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
61 436
-
health
149
-
357
-
total
1 024
-
62 507
-
Employer
2 983
-
177 893
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
175 846
179 500
-
-
income
38 686
39 490
-
-
total
38 686
39 490
-
-
Dividends
137 160
140 010
-
-
withholding
27 432
28 002
-
-
total
27 432
28 002
-
-
Income
179 500
179 500
179 500
179 500
Total tax
67 813
67 492
64 115
63 976
After tax
111 687
112 008
115 385
115 524
Living cost
1 959
1 959
1 959
1 959
Free-cash
109 728
110 049
113 426
113 565

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112296
₽93338
₽93337
₽107346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
40 674
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
68 770
Employee

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

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

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

26 227
-
166 196
-
unemployment
197
-
557
-
pensions
3 672
-
10 406
-
income
3 615
-
40 674
-
health
1 351
-
3 828
-
total
8 835
-
55 465
-
Employer

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

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

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

26 227
-
166 196
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
unemployment
197
-
557
-
total
4 695
-
13 304
-
Corporate
148 578
179 500
-
-
income
22 287
26 925
-
-
total
22 287
26 925
-
-
Dividends
126 291
152 575
-
-
withholding
18 944
22 886
-
-
total
18 944
22 886
-
-
Income
179 500
179 500
179 500
179 500
Total tax
54 761
49 811
68 769
68 770
After tax
124 739
129 689
110 731
110 730
Living cost
17 393
17 393
17 393
17 393
Free-cash
107 346
112 296
93 338
93 337

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74985
₽55257
₽68867
₽74624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
21 142
surtax
-
-
-
-
social contributions

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

-
-
-
62 377
total
-
-
-
83 519
Employee
39 035
-
145 050
-
surtax
-
-
-
-
social contributions
4 294
-
15 956
-
income
7 627
-
46 723
-
total
11 921
-
62 679
-
Employer
39 035
-
145 050
-
social contributions
9 270
-
34 450
-
total
9 270
-
34 450
-
Corporate
131 195
179 500
-
-
income
27 551
37 695
-
-
surtax
-
-
-
-
total
27 551
37 695
-
-
Dividends
103 644
141 805
-
-
withholding
29 020
39 706
-
-
total
29 020
39 706
-
-
Income
179 500
179 500
179 500
179 500
Total tax
77 762
77 401
97 129
83 519
After tax
101 738
102 099
82 371
95 981
Living cost
27 114
27 114
27 114
27 114
Free-cash
74 624
74 985
55 257
68 867

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
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.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84275
₽61143
₽65361
₽77691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
accident
-
-
-
840
income
-
-
-
50 825
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
78 793
Employee
48 573
-
149 781
-
other
48
-
94
-
unemployment
752
-
1 445
-
pensions
2 283
-
4 382
-
income
10 145
-
47 372
-
total
13 228
-
53 293
-
Employer
48 573
-
149 781
-
pensions
11 463
-
22 000
-
accident
962
-
1 846
-
unemployment
2 672
-
5 126
-
other
389
-
746
-
total
15 486
-
29 718
-
Corporate
115 441
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.

17 317
26 925
-
-
total
17 317
26 925
-
-
Dividends
98 124
152 575
-
-
withholding
20 432
32 954
-
-
total
20 432
32 954
-
-
Income
179 500
179 500
179 500
179 500
Total tax
66 463
59 879
83 011
78 793
After tax
113 037
119 621
96 489
100 707
Living cost
35 346
35 346
35 346
35 346
Free-cash
77 691
84 275
61 143
65 361

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136148
₽132919
₽125857
₽130011
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 925
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
36 318
Employee
22 941
-
172 598
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
17 260
-
health
1 055
-
1 618
-
total
5 615
-
22 354
-
Employer
22 941
-
172 598
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
152 058
179 500
-
-
income
15 206
17 950
-
-
total
15 206
17 950
-
-
Dividends
136 852
161 550
-
-
withholding
6 842
8 077
-
-
total
6 842
8 077
-
-
Income
179 500
179 500
179 500
179 500
Total tax
32 164
26 027
29 256
36 318
After tax
147 336
153 473
150 244
143 182
Living cost
17 325
17 325
17 325
17 325
Free-cash
130 011
136 148
132 919
125 857

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53545
₽74991
₽55943
₽66705
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
55 744
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.

-
-
-
3 065
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.

-
-
-
6 871
trade
-
-
-
19 048
total
-
-
-
84 728
Employee

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

50 042
-
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.

227
-
3 065
-
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.

4 115
-
55 744
-
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.

6 871
-
6 871
-
total
11 213
-
65 680
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
129 458
179 500
-
-
income
19 418
26 925
-
-
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.

1 069
1 481
-
-
chamber of commerce
342
416
-
-
trade
18 576
25 758
-
-
total
39 405
54 580
-
-
Dividends
90 053
124 920
-
-
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.

1 218
1 697
-
-
withholding
22 130
30 849
-
-
total
23 348
32 546
-
-
Income
179 500
179 500
179 500
179 500
Total tax
73 966
87 126
65 680
84 728
After tax
105 534
92 374
113 820
94 772
Living cost
38 829
38 829
38 829
38 829
Free-cash
66 705
53 545
74 991
55 943

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68359
₽37030
₽37030
₽70578
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 176
social contributions
-
-
-
30 002
total
-
-
-
85 178
Employee
78 672
-
179 500
-
income
14 845
-
55 176
-
social contributions
6 536
-
30 002
-
total
21 381
-
85 178
-
Employer
78 672
-
179 500
-
total
-
-
-
-
Corporate
100 828
179 500
-
-
income
12 604
22 437
-
-
total
12 604
22 437
-
-
Dividends
88 224
157 063
-
-
withholding
17 645
31 412
-
-
total
17 645
31 412
-
-
Income
179 500
179 500
179 500
179 500
Total tax
51 630
53 849
85 178
85 178
After tax
127 870
125 651
94 322
94 322
Living cost
57 292
57 292
57 292
57 292
Free-cash
70 578
68 359
37 030
37 030

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
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.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74852
₽90977
₽108285
₽78367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 629
health

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

-
-
-
6 077
total
-
-
-
34 706
Employee
46 138
-
174 874
-
income
5 006
-
42 762
-
social contributions
4 623
-
4 626
-
total
9 629
-
47 388
-
Employer
46 138
-
174 874
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
128 740
179 500
-
-
income
45 058
62 825
-
-
total
45 058
62 825
-
-
Dividends
83 682
116 675
-
-
social contributions
5 314
5 314
-
-
total
5 314
5 314
-
-
Income
179 500
179 500
179 500
179 500
Total tax
64 624
68 139
52 014
34 706
After tax
114 876
111 361
127 486
144 794
Living cost
36 509
36 509
36 509
36 509
Free-cash
78 367
74 852
90 977
108 285

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
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.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79997
₽65414
₽81642
₽85918
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 662
pensions
-
-
-
9 063
total
-
-
-
60 725
Employee
50 971
-
156 772
-
pensions
3 890
-
11 121
-
income
9 282
-
40 845
-
health
665
-
2 259
-
total
13 837
-
54 225
-
Employer
50 971
-
156 772
-
health
969
-
2 979
-
pensions
5 150
-
19 749
-
total
6 119
-
22 728
-
Corporate
122 411
179 500
-
-
income

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

23 258
34 106
-
-
total
23 258
34 106
-
-
Dividends
99 153
145 394
-
-
withholding
13 235
28 264
-
-
total
13 235
28 264
-
-
Income
179 500
179 500
179 500
179 500
Total tax
56 449
62 370
76 953
60 725
After tax
123 051
117 130
102 547
118 775
Living cost
37 133
37 133
37 133
37 133
Free-cash
85 918
79 997
65 414
81 642

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
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.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
-₽9715
₽73250
₽98452
₽10819
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
accident
-
-
-
257
income
-
-
-
49 702
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
56 793
Employee
38 154
-
161 623
-
pensions
4 296
-
7 768
-
income
5 234
-
37 844
-
health
4 368
-
18 506
-
total
13 898
-
64 118
-
Employer
38 154
-
161 623
-
pensions
6 204
-
11 218
-
accident
637
-
2 699
-
unemployment
935
-
3 960
-
total
7 776
-
17 877
-
Corporate
133 571
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.

120 214
161 550
-
-
total
120 214
161 550
-
-
Dividends
13 357
17 950
-
-
withholding
2 538
3 410
-
-
total
2 538
3 410
-
-
Income
179 500
179 500
179 500
179 500
Total tax
144 426
164 960
81 995
56 793
After tax
35 074
14 540
97 505
122 707
Living cost
24 255
24 255
24 255
24 255
Free-cash
10 819
-9 715
73 250
98 452

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
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.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137460
₽114160
₽92039
₽132753
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 630
unemployment
-
-
-
1 931
work injury
-
-
-
804
health insurance
-
-
-
11 905
pensions
-
-
-
29 602
total
-
-
-
73 872
Employee

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

21 742
-
179 500
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
29 630
-
total
8 153
-
51 751
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
157 758
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%.

1 578
1 795
-
-
total
1 578
1 795
-
-
Dividends
156 181
177 705
-
-
withholding
23 427
26 656
-
-
total
23 427
26 656
-
-
Income
179 500
179 500
179 500
179 500
Total tax
33 158
28 451
51 751
73 872
After tax
146 342
151 049
127 749
105 628
Living cost
13 589
13 589
13 589
13 589
Free-cash
132 753
137 460
114 160
92 039

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54481
₽35580
₽43458
₽49908
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 167
regional
-
-
-
4 114
municipal
-
-
-
1 201
national
-
-
-
44 493
total
-
-
-
95 975
Employee
84 751
-
179 500
-
municipal
506
-
1 071
-
national
14 322
-
38 605
-
regional
1 280
-
3 650
-
social contributions
28 577
-
60 527
-
total
44 685
-
103 853
-
Employer
84 751
-
179 500
-
total
-
-
-
-
Corporate
94 749
179 500
-
-
municipal
4 567
8 652
-
-
nationa
22 739
43 081
-
-
total
27 306
51 733
-
-
Dividends
67 443
127 768
-
-
withholding
17 534
33 219
-
-
total
17 534
33 219
-
-
Income
179 500
179 500
179 500
179 500
Total tax
89 525
84 952
103 853
95 975
After tax
89 975
94 548
75 647
83 525
Living cost
40 067
40 067
40 067
40 067
Free-cash
49 908
54 481
35 580
43 458

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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