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
₽59963
₽71126
₽62419
₽83299
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
179 500
trade
-
-
-
20 880
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.

-
-
-
55 678
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.

-
-
-
6 894
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.

-
-
-
3 062
total
-
-
-
86 514
Employee

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

38 599
-
179 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
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
-
3 062
-
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.

1 078
-
55 678
-
total
8 031
-
65 634
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
140 901
179 500
-
-
surtax

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

1 162
1 480
-
-
income
21 135
26 925
-
-
trade
22 192
28 271
-
-
chamber of commerce
356
412
-
-
total
44 845
57 088
-
-
Dividends
96 055
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.

1 300
1 662
-
-
withholding
23 631
30 220
-
-
total
24 931
31 882
-
-
Income
179 500
179 500
179 500
179 500
Total tax
77 807
88 970
65 634
86 514
After tax
101 693
90 530
113 866
92 986
Living cost
30 567
30 567
30 567
30 567
Free-cash
71 126
59 963
83 299
62 419

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61014
₽60166
₽54652
₽55616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
19 680
pensions
-
-
-
21 540
national
-
-
-
30 704
social contributions
-
-
-
1 930
total
-
-
-
73 854
Employee
79 050
-
155 176
-
municipal
9 764
-
20 375
-
pensions
3 162
-
6 207
-
national
15 130
-
32 226
-
total
28 056
-
58 808
-
Employer
79 050
-
155 176
-
social contributions
850
-
1 668
-
pensions
6 324
-
12 414
-
total
7 174
-
14 082
-
Corporate
88 059
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%.

17 612
35 900
-
-
total
17 612
35 900
-
-
Dividends
70 447
143 600
-
-
withholding
15 498
31 592
-
-
total
15 498
31 592
-
-
Income
179 500
179 500
179 500
179 500
Total tax
68 340
67 492
72 890
73 854
After tax
111 160
112 008
106 610
105 646
Living cost
50 994
50 994
50 994
50 994
Free-cash
60 166
61 014
55 616
54 652

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122604
₽114328
₽41096
₽54547
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
32 970
surtax
-
-
-
45 773
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.

-
-
-
38 666
total
-
-
-
117 409
Employee
29 489
-
135 609
-
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.

3 244
-
13 230
-
surtax
-
-
19 662
-
income
5 249
-
27 175
-
total
8 493
-
60 067
-
Employer
29 489
-
135 609
-
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.

7 103
-
28 974
-
surtax
-
-
14 917
-
total
7 103
-
43 891
-
Corporate
142 908
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%.

28 581
35 901
-
-
total
28 581
35 901
-
-
Dividends

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

114 327
143 599
-
-
total
-
-
-
-
Income
179 500
179 500
179 500
179 500
Total tax
44 177
35 901
103 958
117 409
After tax
135 323
143 599
75 542
62 091
Living cost
20 995
20 995
20 995
20 995
Free-cash
114 328
122 604
54 547
41 096

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46620
₽40438
₽56702
₽70059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 254
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
80 522
Employee
86 180
86 180
160 745
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
24 142
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
48 410
-
Employer
86 180
86 180
160 745
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 456
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 755
-
Corporate
79 286
78 229
-
-
income
15 857
15 646
-
-
total
15 857
15 646
-
-
Dividends
63 429
62 582
-
-
income
13 479
13 299
-
-
withholding
9 514
9 388
-
-
total
22 993
22 687
-
-
Income
179 500
179 500
179 500
179 500
Total tax
96 786
90 604
67 165
80 522
After tax
82 714
88 896
112 335
98 978
Living cost
42 276
42 276
42 276
42 276
Free-cash
40 438
46 620
70 059
56 702

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59015
₽58140
₽52726
₽51779
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
46 144
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
16 881
total
-
-
-
87 782
Employee
55 560
-
152 650
-
municipal
16 568
-
45 520
-
national
-
-
16 358
-
total
16 568
-
61 878
-
Employer
55 560
-
152 650
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 238
-
health
3 417
-
5 256
-
total
17 457
-
26 851
-
Corporate
106 483
179 500
-
-
income
23 426
39 490
-
-
total
23 426
39 490
-
-
Dividends
83 057
140 010
-
-
withholding
24 917
42 003
-
-
total
24 917
42 003
-
-
Income
179 500
179 500
179 500
179 500
Total tax
82 368
81 493
88 729
87 782
After tax
97 132
98 007
90 771
91 718
Living cost
38 992
38 992
38 992
38 992
Free-cash
58 140
59 015
51 779
52 726

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49964
₽64142
₽52412
₽74221
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
179 500
trade
-
-
-
21 809
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.

-
-
-
55 678
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.

-
-
-
6 894
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.

-
-
-
3 062
total
-
-
-
87 443
Employee

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

51 178
-
179 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
surtax

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

241
-
3 062
-
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.

4 397
-
55 678
-
total
11 532
-
65 634
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
128 322
179 500
-
-
surtax

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

1 059
1 480
-
-
income
19 249
26 925
-
-
trade
21 108
29 527
-
-
chamber of commerce
335
408
-
-
total
41 751
58 340
-
-
Dividends
86 571
121 160
-
-
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.

1 170
1 645
-
-
withholding
21 260
29 906
-
-
total
22 430
31 551
-
-
Income
179 500
179 500
179 500
179 500
Total tax
75 713
89 891
65 634
87 443
After tax
103 787
89 609
113 866
92 057
Living cost
39 645
39 645
39 645
39 645
Free-cash
64 142
49 964
74 221
52 412

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98206
₽94022
₽89869
₽88295
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 993
health
-
-
-
4 577
social contributions
-
-
-
16 328
total
-
-
-
56 898
Employee
77 601
77 601
167 711
-
social contributions
3 771
6 441
8 687
-
health
772
1 320
2 852
-
income
8 149
7 184
35 144
-
total
12 692
14 945
46 683
-
Employer
77 601
77 601
167 711
-
social contributions
3 771
6 441
8 687
-
health
841
1 436
3 102
-
total
4 612
7 877
11 789
-
Corporate
129 464
94 022
-
-
income
16 183
11 753
-
-
total
16 183
11 753
-
-
Dividends
113 281
82 269
-
-
withholding
19 258
13 986
-
-
total
19 258
13 986
-
-
Income
179 500
179 500
179 500
179 500
Total tax
52 745
48 561
58 472
56 898
After tax
126 755
130 939
121 028
122 602
Living cost
32 733
32 733
32 733
32 733
Free-cash
94 022
98 206
88 295
89 869

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82495
₽82876
₽106012
₽85721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
17 950
unemployment
-
-
-
2 693
health
-
-
-
12 565
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.

26 469
10 534
150 209
-
health
1 853
737
10 515
-
income
3 236
1 288
18 363
-
pensions
2 647
1 053
15 021
-
unemployment
397
158
2 253
-
total
8 133
3 236
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.

26 469
10 534
150 209
-
pensions
5 161
2 054
29 291
-
total
5 161
2 054
29 291
-
Corporate
147 870
166 912
-
-
income
13 308
15 022
-
-
total
13 308
15 022
-
-
Dividends
134 562
151 890
-
-
social contributions
26 119
29 498
-
-
withholding
25 567
28 859
-
-
total
51 686
58 357
-
-
Income
179 500
179 500
179 500
179 500
Total tax
78 288
78 669
75 443
55 152
After tax
101 212
100 831
104 057
124 348
Living cost
18 336
18 336
18 336
18 336
Free-cash
82 876
82 495
85 721
106 012

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119224
₽112956
₽71836
₽79085
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
35 901
health
-
-
-
23 336
total
-
-
-
83 289
Employee
28 629
-
134 156
-
income
3 223
-
25 866
-
pensions
573
-
2 683
-
unemployment
458
-
2 147
-
total
4 254
-
30 696
-
Employer
28 629
-
134 156
-
unemployment
230
-
1 072
-
pensions
5 726
-
26 831
-
health
3 721
-
17 441
-
total
9 677
-
45 344
-
Corporate
141 194
179 500
-
-
income
28 238
35 901
-
-
total
28 238
35 901
-
-
Dividends
112 956
143 599
-
-
total
-
-
-
-
Income
179 500
179 500
179 500
179 500
Total tax
42 169
35 901
76 040
83 289
After tax
137 331
143 599
103 460
96 211
Living cost
24 375
24 375
24 375
24 375
Free-cash
112 956
119 224
79 085
71 836

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7532
₽11154
₽100625
₽75526
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
49 816
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
56 803
Employee
34 721
-
161 781
-
health
3 975
-
18 524
-
income
4 763
-
38 005
-
pensions
3 910
-
7 654
-
total
12 648
-
64 183
-
Employer
34 721
-
161 781
-
accident
580
-
2 702
-
unemployment
851
-
3 964
-
pensions
5 646
-
11 053
-
total
7 077
-
17 719
-
Corporate
137 703
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.

123 933
161 550
-
-
total
123 933
161 550
-
-
Dividends
13 770
17 950
-
-
withholding
2 616
3 410
-
-
total
2 616
3 410
-
-
Income
179 500
179 500
179 500
179 500
Total tax
146 274
164 960
81 902
56 803
After tax
33 226
14 540
97 598
122 697
Living cost
22 072
22 072
22 072
22 072
Free-cash
11 154
-7 532
75 526
100 625

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161445
₽159743
₽168625
₽134520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
179 500
-
income
2 270
-
35 900
-
total
2 270
-
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%.

168 151
179 500
-
-
total
-
-
-
-
Dividends
168 151
179 500
-
-
withholding
8 407
8 975
-
-
total
8 407
8 975
-
-
Income
179 500
179 500
179 500
179 500
Total tax
10 677
8 975
35 900
1 795
After tax
168 823
170 525
143 600
177 705
Living cost
9 080
9 080
9 080
9 080
Free-cash
159 743
161 445
134 520
168 625

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104988
₽98174
₽73850
₽74801
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 886
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.

-
-
-
36 831
other
-
-
-
7 289
health
-
-
-
6 753
total
-
-
-
78 759
Employee
36 642
-
143 369
-
health
513
-
2 007
-
income
6 308
-
28 202
-
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.

2 564
-
10 035
-
unemployment
366
-
1 434
-
total
9 751
-
41 678
-
Employer
36 642
-
143 369
-
accident
293
-
1 147
-
other
1 833
-
7 168
-
unemployment
366
-
1 434
-
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.

6 230
-
24 374
-
health
513
-
2 007
-
total
9 235
-
36 130
-
Corporate
133 623
179 500
-
-
income
28 060
37 695
-
-
total
28 060
37 695
-
-
Dividends
105 563
141 805
-
-
withholding
7 389
9 926
-
-
total
7 389
9 926
-
-
Income
179 500
179 500
179 500
179 500
Total tax
54 435
47 621
77 808
78 759
After tax
125 065
131 879
101 692
100 741
Living cost
26 891
26 891
26 891
26 891
Free-cash
98 174
104 988
74 801
73 850

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49653
₽52854
₽51221
₽34980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 420
pensions
-
-
-
9 133
total
-
-
-
60 553
Employee
95 822
-
156 792
-
health
1 579
-
2 269
-
income
17 273
-
40 592
-
pensions
9 244
-
11 225
-
total
28 096
-
54 086
-
Employer
95 822
-
156 792
-
pensions
11 314
-
19 728
-
health
1 820
-
2 980
-
total
13 134
-
22 708
-
Corporate
70 544
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.

13 404
34 104
-
-
total
13 404
34 104
-
-
Dividends
57 140
145 396
-
-
withholding
4 286
28 017
-
-
total
4 286
28 017
-
-
Income
179 500
179 500
179 500
179 500
Total tax
58 920
62 121
76 794
60 553
After tax
120 580
117 379
102 706
118 947
Living cost
67 726
67 726
67 726
67 726
Free-cash
52 854
49 653
34 980
51 221

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽140234
₽135543
₽129919
₽136975
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
36 342
Employee
17 531
-
172 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
17 258
-
pensions

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

1 539
-
3 097
-
total
4 291
-
22 365
-
Employer
17 531
-
172 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
158 529
179 500
-
-
income
15 853
17 950
-
-
total
15 853
17 950
-
-
Dividends
142 677
161 550
-
-
withholding
7 134
8 077
-
-
total
7 134
8 077
-
-
Income
179 500
179 500
179 500
179 500
Total tax
30 718
26 027
29 286
36 342
After tax
148 782
153 473
150 214
143 158
Living cost
13 239
13 239
13 239
13 239
Free-cash
135 543
140 234
136 975
129 919

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32935
₽35473
₽43017
₽56374
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 254
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
80 522
Employee
93 564
86 180
160 745
-
health
11 673
11 251
12 444
-
income

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

14 106
14 106
24 142
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
48 410
-
Employer
93 564
86 180
160 745
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 456
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 755
-
Corporate
69 554
78 229
-
-
income
13 911
15 646
-
-
total
13 911
15 646
-
-
Dividends
55 643
62 582
-
-
income
11 824
13 299
-
-
withholding
8 346
9 388
-
-
total
20 170
22 687
-
-
Income
179 500
179 500
179 500
179 500
Total tax
88 066
90 604
67 165
80 522
After tax
91 434
88 896
112 335
98 978
Living cost
55 961
55 961
55 961
55 961
Free-cash
35 473
32 935
56 374
43 017

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽99415
₽90793
₽78146
₽70243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 073
health
-
-
-
24 233
solidarity contribution
-
-
-
96
social contributions
-
-
-
34 781
total
-
-
-
77 183
Employee
35 546
-
137 359
-
social contributions
2 310
-
7 742
-
health
4 799
-
18 543
-
solidarity contribution
-
-
-
-
income
4 265
-
16 661
-
total
11 374
-
42 946
-
Employer
35 546
-
137 359
-
social contributions
8 886
-
29 778
-
health
3 199
-
12 362
-
total
12 085
-
42 140
-
Corporate
131 869
179 500
-
-
income
25 055
34 105
-
-
total
25 055
34 105
-
-
Dividends
106 814
145 395
-
-
withholding
16 022
21 809
-
-
total
16 022
21 809
-
-
Income
179 500
179 500
179 500
179 500
Total tax
64 536
55 914
85 086
77 183
After tax
114 964
123 586
94 414
102 317
Living cost
24 171
24 171
24 171
24 171
Free-cash
90 793
99 415
70 243
78 146

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
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.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53187
₽47917
₽43101
₽34995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 067
regional
-
-
-
2 121
national
-
-
-
44 459
social contributions
-
-
-
46 168
total
-
-
-
93 815
Employee
89 690
-
179 500
-
social contributions
30 243
-
60 527
-
regional
846
-
1 872
-
municipal
475
-
952
-
national
15 541
-
38 570
-
total
47 105
-
101 921
-
Employer
89 690
-
179 500
-
total
-
-
-
-
Corporate
89 810
179 500
-
-
nationa
21 555
43 080
-
-
municipal
3 503
7 000
-
-
total
25 058
50 080
-
-
Dividends
64 753
129 420
-
-
withholding
16 836
33 649
-
-
total
16 836
33 649
-
-
Income
179 500
179 500
179 500
179 500
Total tax
88 999
83 729
101 921
93 815
After tax
90 501
95 771
77 579
85 685
Living cost
42 584
42 584
42 584
42 584
Free-cash
47 917
53 187
34 995
43 101

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90637
₽87496
₽62652
₽56481
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 074
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
7 775
total
-
-
-
94 579
Employee
33 373
-
151 149
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
6 569
-
income
5 594
-
44 038
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
72 399
-
Employer
33 373
-
151 149
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
139 102
179 500
-
-
income
36 167
46 669
-
-
total
36 167
46 669
-
-
Dividends
102 935
132 831
-
-
withholding
15 440
19 925
-
-
total
15 440
19 925
-
-
Income
179 500
179 500
179 500
179 500
Total tax
69 735
66 594
100 750
94 579
After tax
109 765
112 906
78 750
84 921
Living cost
22 269
22 269
22 269
22 269
Free-cash
87 496
90 637
56 481
62 652

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71110
₽77797
₽72678
₽56437
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 420
pensions
-
-
-
9 133
total
-
-
-
60 553
Employee
64 218
-
156 792
-
health
932
-
2 269
-
income
11 566
-
40 592
-
pensions
5 451
-
11 225
-
total
17 949
-
54 086
-
Employer
64 218
-
156 792
-
pensions
6 952
-
19 728
-
health
1 220
-
2 980
-
total
8 172
-
22 708
-
Corporate
107 111
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.

20 351
34 104
-
-
total
20 351
34 104
-
-
Dividends
86 760
145 396
-
-
withholding
8 962
28 017
-
-
total
8 962
28 017
-
-
Income
179 500
179 500
179 500
179 500
Total tax
55 434
62 121
76 794
60 553
After tax
124 066
117 379
102 706
118 947
Living cost
46 269
46 269
46 269
46 269
Free-cash
77 797
71 110
56 437
72 678

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽5807
₽38440
₽68620
₽60492
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 892
pensions
-
-
-
16 514
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.

-
-
-
3 591
regional
-
-
-
9 011
health
-
-
-
404
national
-
-
-
3 194
total
-
-
-
34 606
Employee
89 260
-
160 662
-
city
958
-
1 726
-
regional
2 923
-
7 756
-
health
202
-
362
-
pensions
7 499
-
13 495
-
unemployment
-
-
-
-
national
422
-
2 325
-
total
12 004
-
25 664
-
Employer
89 260
-
160 662
-
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.

1 785
-
3 213
-
unemployment
-
-
-
-
pensions
7 499
-
13 495
-
health
202
-
362
-
total
9 486
-
17 070
-
Corporate
79 773
179 500
-
-
regional
16 873
37 963
-
-
national
6 780
15 257
-
-
total
23 653
53 220
-
-
Dividends
56 120
126 280
-
-
withholding
19 643
44 199
-
-
total
19 643
44 199
-
-
Income
179 500
179 500
179 500
179 500
Total tax
64 786
97 419
42 734
34 606
After tax
114 714
82 081
136 766
144 894
Living cost
76 274
76 274
76 274
76 274
Free-cash
38 440
5 807
60 492
68 620

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽42454
₽58815
₽44897
₽67635
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
179 500
trade
-
-
-
22 738
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.

-
-
-
55 678
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.

-
-
-
6 894
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.

-
-
-
3 062
total
-
-
-
88 372
Employee

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

60 650
-
179 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
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.

393
-
3 062
-
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.

7 132
-
55 678
-
total
14 419
-
65 634
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
118 850
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.

981
1 480
-
-
income
17 828
26 925
-
-
trade
20 383
30 784
-
-
chamber of commerce
320
406
-
-
total
39 512
59 595
-
-
Dividends
79 339
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.

1 071
1 628
-
-
withholding
19 452
29 592
-
-
total
20 523
31 220
-
-
Income
179 500
179 500
179 500
179 500
Total tax
74 454
90 815
65 634
88 372
After tax
105 046
88 685
113 866
91 128
Living cost
46 231
46 231
46 231
46 231
Free-cash
58 815
42 454
67 635
44 897

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55941
₽61904
₽66600
₽63905
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 209
pensions
-
-
-
31 841
other
-
-
-
5 565
health
-
-
-
7 645
surtax
-
-
-
-
social contributions
-
-
-
5 113
total
-
-
-
78 373
Employee
43 191
-
138 995
-
social contributions
1 231
-
3 960
-
surtax
-
-
-
-
income
2 549
-
26 970
-
pensions
4 884
-
9 633
-
total
8 664
-
40 563
-
Employer
43 191
-
138 995
-
other
1 490
-
5 409
-
social contributions
130
-
417
-
unemployment
1 748
-
5 629
-
pensions
7 095
-
16 225
-
health
3 024
-
12 825
-
total
13 487
-
40 505
-
Corporate
122 820
179 500
-
-
surtax
-
-
-
-
income
34 390
50 260
-
-
total
34 390
50 260
-
-
Dividends
88 431
129 240
-
-
surtax
-
-
-
-
social contributions
15 210
22 229
-
-
withholding
11 318
16 543
-
-
total
26 528
38 772
-
-
Income
179 500
179 500
179 500
179 500
Total tax
83 069
89 032
81 068
78 373
After tax
96 431
90 468
98 432
101 127
Living cost
34 527
34 527
34 527
34 527
Free-cash
61 904
55 941
63 905
66 600

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
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.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59361
₽64968
₽70020
₽67325
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 209
pensions
-
-
-
31 841
other
-
-
-
5 565
health
-
-
-
7 645
surtax
-
-
-
-
social contributions
-
-
-
5 113
total
-
-
-
78 373
Employee
38 554
-
138 995
-
social contributions
1 099
-
3 960
-
surtax
-
-
-
-
income
1 988
-
26 970
-
pensions
4 361
-
9 633
-
total
7 448
-
40 563
-
Employer
38 554
-
138 995
-
other
1 331
-
5 409
-
social contributions
115
-
417
-
unemployment
1 561
-
5 629
-
pensions
6 335
-
16 225
-
health
2 698
-
12 825
-
total
12 040
-
40 505
-
Corporate
128 905
179 500
-
-
surtax
-
-
-
-
income
36 094
50 260
-
-
total
36 094
50 260
-
-
Dividends
92 811
129 240
-
-
surtax
-
-
-
-
social contributions
15 964
22 229
-
-
withholding
11 879
16 543
-
-
total
27 843
38 772
-
-
Income
179 500
179 500
179 500
179 500
Total tax
83 425
89 032
81 068
78 373
After tax
96 075
90 468
98 432
101 127
Living cost
31 107
31 107
31 107
31 107
Free-cash
64 968
59 361
67 325
70 020

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
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.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88114
₽88638
₽93877
₽90124
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 529
social contributions
-
-
-
24 770
total
-
-
-
64 224
Employee
34 217
-
179 500
-
social contributions
4 723
-
24 770
-
health
2 388
-
12 529
-
income
5 707
-
30 678
-
total
12 818
-
67 977
-
Employer
34 217
-
179 500
-
total
-
-
-
-
Corporate
145 283
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%.

7 264
8 974
-
-
total
7 264
8 974
-
-
Dividends
138 019
170 526
-
-
health
9 633
11 902
-
-
social contributions
19 046
23 533
-
-
withholding
20 702
25 578
-
-
total
49 381
61 013
-
-
Income
179 500
179 500
179 500
179 500
Total tax
69 463
69 987
67 977
64 224
After tax
110 037
109 513
111 523
115 276
Living cost
21 399
21 399
21 399
21 399
Free-cash
88 638
88 114
90 124
93 877

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
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.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63740
₽62178
₽56573
₽12000
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
chamber of commerce
-
-
-
718
income
-
-
-
49 431
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
87 367
Employee
50 434
40 217
143 502
-
other
504
402
1 180
-
health
1 952
1 557
4 562
-
income
5 742
2 967
39 672
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 876
10 250
61 024
-
Employer
50 434
40 217
143 502
-
accident
655
523
1 532
-
other
2 396
1 909
6 598
-
chamber of commerce
201
161
575
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
4 305
-
health
1 906
1 521
4 456
-
total
14 712
11 775
35 998
-
Corporate
114 354
127 509
139 671
-
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.

28 589
31 877
34 918
-
total
28 589
31 877
34 918
-
Dividends
85 765
95 631
-
-
withholding
23 585
26 298
-
-
total
23 585
26 298
-
-
Income
179 500
179 500
179 500
179 500
Total tax
81 762
80 200
131 940
87 367
After tax
97 738
99 300
47 560
92 133
Living cost
35 560
35 560
35 560
35 560
Free-cash
62 178
63 740
12 000
56 573

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63589
₽48454
₽41037
₽26304
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
national
-
-
-
67 247
communal

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

-
-
-
9 260
social contributions
-
-
-
25 160
total
-
-
-
101 667
Employee

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

72 187
-
139 028
-
communal

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

3 765
-
7 251
-
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.

3 392
-
6 534
-
pensions

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

5 414
-
10 428
-
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.

628
-
1 210
-
national
22 193
-
50 505
-
total
35 392
-
75 928
-
Employer

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

72 187
-
139 028
-
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.

938
-
1 808
-
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.

1 053
-
2 030
-
surtax
8 185
-
15 765
-
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.

6 396
-
12 318
-
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.

4 439
-
8 551
-
total
21 011
-
40 472
-
Corporate
86 300
179 500
-
-
surtax
345
718
-
-
income
17 261
35 901
-
-
total
17 606
36 619
-
-
Dividends
68 694
142 881
-
-
withholding

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

20 241
42 496
-
-
total
20 241
42 496
-
-
Income
179 500
179 500
179 500
179 500
Total tax
94 250
79 115
116 400
101 667
After tax
85 250
100 385
63 100
77 833
Living cost
36 796
36 796
36 796
36 796
Free-cash
48 454
63 589
26 304
41 037

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83181
₽76269
₽64268
₽60034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
50 723
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
78 786
Employee
50 235
-
149 680
-
other
50
-
94
-
income
10 599
-
47 258
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
53 199
-
Employer
50 235
-
149 680
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 764
-
5 144
-
pensions
11 855
-
22 076
-
total
16 013
-
29 821
-
Corporate
113 253
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.

16 987
26 925
-
-
total
16 987
26 925
-
-
Dividends
96 266
152 575
-
-
withholding
19 996
32 948
-
-
total
19 996
32 948
-
-
Income
179 500
179 500
179 500
179 500
Total tax
66 785
59 873
83 020
78 786
After tax
112 715
119 627
96 480
100 714
Living cost
36 446
36 446
36 446
36 446
Free-cash
76 269
83 181
60 034
64 268

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
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.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50044
₽37097
₽33709
₽40867
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
accident
-
-
-
1 513
income
-
-
-
29 674
pensions
-
-
-
26 905
health
-
-
-
12 611
surtax
-
-
-
8 900
communal
-
-
-
11 345
total
-
-
-
90 948
Employee
76 425
-
160 339
-
health
3 401
-
7 134
-
surtax
4 684
-
9 826
-
income
7 382
-
34 843
-
pensions
6 113
-
12 827
-
total
21 580
-
64 630
-
Employer
76 425
-
160 339
-
accident
688
-
1 444
-
pensions
6 113
-
12 827
-
health
2 331
-
4 889
-
total
9 132
-
19 160
-
Corporate
93 944
179 500
-
-
surtax
986
1 884
-
-
communal
6 341
12 117
-
-
income
14 091
26 925
-
-
total
21 418
40 926
-
-
Dividends
72 526
138 574
-
-
income
24 550
12 900
-
-
withholding
10 880
20 787
-
-
total
35 430
33 687
-
-
Income
179 500
179 500
179 500
179 500
Total tax
87 560
74 613
83 790
90 948
After tax
91 940
104 887
95 710
88 552
Living cost
54 843
54 843
54 843
54 843
Free-cash
37 097
50 044
40 867
33 709

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90239
₽87031
₽62254
₽56083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 074
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
7 775
total
-
-
-
94 579
Employee
33 986
-
151 149
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
6 569
-
income
5 697
-
44 038
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
72 399
-
Employer
33 986
-
151 149
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
138 359
179 500
-
-
income
35 973
46 669
-
-
total
35 973
46 669
-
-
Dividends
102 386
132 831
-
-
withholding
15 357
19 925
-
-
total
15 357
19 925
-
-
Income
179 500
179 500
179 500
179 500
Total tax
69 802
66 594
100 750
94 579
After tax
109 698
112 906
78 750
84 921
Living cost
22 667
22 667
22 667
22 667
Free-cash
87 031
90 239
56 083
62 254

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
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.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67163
₽64923
₽57914
₽49850
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 067
regional
-
-
-
2 707
national
-
-
-
44 459
social contributions
-
-
-
46 168
total
-
-
-
94 401
Employee
55 981
-
179 500
-
social contributions
18 877
-
60 527
-
regional
754
-
2 416
-
municipal
297
-
952
-
national
8 869
-
38 570
-
total
28 797
-
102 465
-
Employer
55 981
-
179 500
-
total
-
-
-
-
Corporate
123 519
179 500
-
-
nationa
29 644
43 080
-
-
municipal
6 140
8 921
-
-
total
35 784
52 001
-
-
Dividends
87 735
127 499
-
-
withholding
22 811
33 151
-
-
total
22 811
33 151
-
-
Income
179 500
179 500
179 500
179 500
Total tax
87 392
85 152
102 465
94 401
After tax
92 108
94 348
77 035
85 099
Living cost
27 185
27 185
27 185
27 185
Free-cash
64 923
67 163
49 850
57 914

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93801
₽83176
₽72532
₽64629
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 073
health
-
-
-
24 233
solidarity contribution
-
-
-
96
social contributions
-
-
-
34 781
total
-
-
-
77 183
Employee
43 801
-
137 359
-
social contributions
2 847
-
7 742
-
health
5 913
-
18 543
-
solidarity contribution
-
-
-
-
income
5 256
-
16 661
-
total
14 016
-
42 946
-
Employer
43 801
-
137 359
-
social contributions
10 950
-
29 778
-
health
3 942
-
12 362
-
total
14 892
-
42 140
-
Corporate
120 806
179 500
-
-
income
22 953
34 105
-
-
total
22 953
34 105
-
-
Dividends
97 853
145 395
-
-
withholding
14 678
21 809
-
-
total
14 678
21 809
-
-
Income
179 500
179 500
179 500
179 500
Total tax
66 539
55 914
85 086
77 183
After tax
112 961
123 586
94 414
102 317
Living cost
29 785
29 785
29 785
29 785
Free-cash
83 176
93 801
64 629
72 532

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
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.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67210
₽66715
₽60135
₽15413
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
chamber of commerce
-
-
-
718
income
-
-
-
49 431
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
87 168
Employee
44 114
40 217
143 687
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 967
39 762
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 250
61 114
-
Employer
44 114
40 217
143 687
-
accident
573
523
1 532
-
other
2 095
1 909
6 605
-
chamber of commerce
176
161
575
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
4 311
-
health
1 668
1 521
4 456
-
total
12 695
11 576
35 812
-
Corporate
122 690
127 708
139 857
-
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.

30 672
31 927
34 964
-
total
30 672
31 927
34 964
-
Dividends
92 018
95 781
-
-
withholding
25 304
26 340
-
-
total
25 304
26 340
-
-
Income
179 500
179 500
179 500
179 500
Total tax
80 588
80 093
131 890
87 168
After tax
98 912
99 407
47 610
92 332
Living cost
32 197
32 197
32 197
32 197
Free-cash
66 715
67 210
15 413
60 135

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156376
₽153724
₽163556
₽129451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
179 500
-
income
3 537
-
35 900
-
total
3 537
-
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%.

161 814
179 500
-
-
total
-
-
-
-
Dividends
161 814
179 500
-
-
withholding
8 090
8 975
-
-
total
8 090
8 975
-
-
Income
179 500
179 500
179 500
179 500
Total tax
11 627
8 975
35 900
1 795
After tax
167 873
170 525
143 600
177 705
Living cost
14 149
14 149
14 149
14 149
Free-cash
153 724
156 376
129 451
163 556

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96518
₽88075
₽60512
₽55756
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 205
pensions
-
-
-
32 781
unemployment
-
-
-
270
health
-
-
-
17 663
total
-
-
-
91 919
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.

44 626
-
155 318
-
health
2 882
-
10 033
-
income
7 696
-
38 166
-
pensions
6 917
-
24 075
-
unemployment
63
-
218
-
total
17 558
-
72 492
-
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.

44 626
-
155 318
-
unemployment
27
-
94
-
pensions
3 949
-
13 745
-
health
2 972
-
10 344
-
total
6 948
-
24 183
-
Corporate
127 926
179 500
-
-
income
24 307
34 104
-
-
total
24 307
34 104
-
-
Dividends
103 619
145 396
-
-
withholding
15 543
21 809
-
-
total
15 543
21 809
-
-
Income
179 500
179 500
179 500
179 500
Total tax
64 356
55 913
96 675
91 919
After tax
115 144
123 587
82 825
87 581
Living cost
27 069
27 069
27 069
27 069
Free-cash
88 075
96 518
55 756
60 512

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65624
₽17577
₽80465
₽122628
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
28 891
179 500
-
-
income
6 356
39 490
-
-
total
6 356
39 490
-
-
Dividends
22 535
140 010
-
-
income
4 958
30 802
-
-
total
4 958
30 802
-
-
Income
179 500
179 500
179 500
179 500
Total tax
118 339
70 292
13 288
55 451
After tax
61 161
109 208
166 212
124 049
Living cost
43 584
43 584
43 584
43 584
Free-cash
17 577
65 624
122 628
80 465

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70444
₽69429
₽64364
₽50755
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 104
surtax
-
-
-
-
social contributions

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

-
-
-
62 377
total
-
-
-
83 481
Employee
46 415
-
145 051
-
social contributions
5 106
-
15 955
-
surtax
-
-
-
-
income
9 654
-
46 686
-
total
14 760
-
62 641
-
Employer
46 415
-
145 051
-
social contributions
11 023
-
34 449
-
total
11 023
-
34 449
-
Corporate
122 062
179 500
-
-
surtax
-
-
-
-
income
25 634
37 695
-
-
total
25 634
37 695
-
-
Dividends
96 428
141 805
-
-
withholding
26 999
39 706
-
-
total
26 999
39 706
-
-
Income
179 500
179 500
179 500
179 500
Total tax
78 416
77 401
97 090
83 481
After tax
101 084
102 099
82 410
96 019
Living cost
31 655
31 655
31 655
31 655
Free-cash
69 429
70 444
50 755
64 364

Estimated living cost  is ₽31655 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41726
₽48664
₽52385
₽49690
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 209
pensions
-
-
-
31 841
other
-
-
-
5 565
health
-
-
-
7 645
surtax
-
-
-
-
social contributions
-
-
-
5 113
total
-
-
-
78 373
Employee
63 207
-
138 995
-
social contributions
1 800
-
3 960
-
surtax
-
-
-
-
income
5 515
-
26 970
-
pensions
7 149
-
9 633
-
total
14 464
-
40 563
-
Employer
63 207
-
138 995
-
other
2 181
-
5 409
-
social contributions
190
-
417
-
unemployment
2 561
-
5 629
-
pensions
10 386
-
16 225
-
health
4 424
-
12 825
-
total
19 742
-
40 505
-
Corporate
96 552
179 500
-
-
surtax
-
-
-
-
income
27 034
50 260
-
-
total
27 034
50 260
-
-
Dividends
69 518
129 240
-
-
surtax
-
-
-
-
social contributions
11 956
22 229
-
-
withholding
8 898
16 543
-
-
total
20 854
38 772
-
-
Income
179 500
179 500
179 500
179 500
Total tax
82 094
89 032
81 068
78 373
After tax
97 406
90 468
98 432
101 127
Living cost
48 742
48 742
48 742
48 742
Free-cash
48 664
41 726
49 690
52 385

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131214
₽127824
₽101801
₽106572
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 873
social contributions
-
-
-
39 490
total
-
-
-
47 363
Employee
32 444
-
155 410
-
income
-
-
8 404
-
social contributions
2 109
-
10 100
-
total
2 109
-
18 504
-
Employer
32 444
-
155 410
-
social contributions
5 029
-
24 088
-
total
5 029
-
24 088
-
Corporate
142 027
179 500
-
-
income
14 202
17 950
-
-
total
14 202
17 950
-
-
Dividends
127 824
161 550
-
-
total
-
-
-
-
Income
179 500
179 500
179 500
179 500
Total tax
21 340
17 950
42 592
47 363
After tax
158 160
161 550
136 908
132 137
Living cost
30 336
30 336
30 336
30 336
Free-cash
127 824
131 214
106 572
101 801

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40473
-₽40473
₽57146
-₽40473
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
37 440
pensions
-
-
-
875
national
-
-
-
21 126
labour market
-
-
-
14 290
total
-
-
-
73 731
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
179 500
179 500
179 500
179 500
Total tax
171 350
171 350
171 350
73 731
After tax
8 150
8 150
8 150
105 769
Living cost
48 623
48 623
48 623
48 623
Free-cash
-40 473
-40 473
-40 473
57 146

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7206
₽11206
₽100951
₽75852
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
49 816
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
56 803
Employee
34 209
-
161 781
-
health
3 917
-
18 524
-
income
4 693
-
38 005
-
pensions
3 852
-
7 654
-
total
12 462
-
64 183
-
Employer
34 209
-
161 781
-
accident
571
-
2 702
-
unemployment
838
-
3 964
-
pensions
5 562
-
11 053
-
total
6 971
-
17 719
-
Corporate
138 320
179 500
-
-
income

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

124 487
161 550
-
-
total
124 487
161 550
-
-
Dividends
13 832
17 950
-
-
withholding
2 628
3 410
-
-
total
2 628
3 410
-
-
Income
179 500
179 500
179 500
179 500
Total tax
146 548
164 960
81 902
56 803
After tax
32 952
14 540
97 598
122 697
Living cost
21 746
21 746
21 746
21 746
Free-cash
11 206
-7 206
75 852
100 951

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73623
₽76203
₽76778
₽55309
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
179 500
municipal
-
-
-
31 889
health
-
-
-
2 342
national
-
-
-
29 746
total
-
-
-
63 977
Employee
53 095
-
151 005
-
health
396
-
1 904
-
municipal
8 697
-
24 596
-
pensions
3 583
-
10 192
-
unemployment
797
-
2 266
-
national
877
-
17 994
-
total
14 350
-
56 952
-
Employer
53 095
-
151 005
-
accident
54
-
151
-
unemployment
345
-
982
-
pensions
9 212
-
26 199
-
health
408
-
1 162
-
total
10 019
-
28 494
-
Corporate
116 387
179 500
-
-
income
23 278
35 901
-
-
total
23 278
35 901
-
-
Dividends

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

69 831
107 699
-
-
national
4 336
11 844
-
-
municipal
12 569
19 387
-
-
total
16 905
31 231
-
-
Income
179 500
179 500
179 500
179 500
Total tax
64 552
67 132
85 446
63 977
After tax
114 948
112 368
94 054
115 523
Living cost
38 745
38 745
38 745
38 745
Free-cash
76 203
73 623
55 309
76 778

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107574
₽102084
₽99237
₽97663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 993
health
-
-
-
4 577
social contributions
-
-
-
16 328
total
-
-
-
56 898
Employee
77 601
77 601
167 711
-
social contributions
2 934
6 441
8 687
-
health
601
1 320
2 852
-
income
8 449
7 184
35 144
-
total
11 984
14 945
46 683
-
Employer
77 601
77 601
167 711
-
social contributions
2 934
6 441
8 687
-
health
653
1 436
3 102
-
total
3 587
7 877
11 789
-
Corporate
140 563
94 022
-
-
income
17 571
11 753
-
-
total
17 571
11 753
-
-
Dividends
122 992
82 269
-
-
withholding
20 909
13 986
-
-
total
20 909
13 986
-
-
Income
179 500
179 500
179 500
179 500
Total tax
54 051
48 561
58 472
56 898
After tax
125 449
130 939
121 028
122 602
Living cost
23 365
23 365
23 365
23 365
Free-cash
102 084
107 574
97 663
99 237

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132621
₽127485
₽135099
₽114858
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 278
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
28 378
Employee

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

23 164
-
169 637
-
health
1 969
-
8 139
-
income
1 584
-
15 775
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
38 756
-
Employer

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

23 164
-
169 637
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
153 951
179 500
-
-
income
13 856
16 156
-
-
total
13 856
16 156
-
-
Dividends
140 096
163 344
-
-
withholding
12 609
14 700
-
-
total
12 609
14 700
-
-
Income
179 500
179 500
179 500
179 500
Total tax
35 992
30 856
48 619
28 378
After tax
143 508
148 644
130 881
151 122
Living cost
16 023
16 023
16 023
16 023
Free-cash
127 485
132 621
114 858
135 099

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91876
₽87420
₽72963
₽68729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
50 723
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
78 786
Employee
37 315
-
149 680
-
other
36
-
94
-
income
7 194
-
47 258
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
53 199
-
Employer
37 315
-
149 680
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 076
-
total
11 897
-
29 821
-
Corporate
130 288
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.

19 544
26 925
-
-
total
19 544
26 925
-
-
Dividends
110 744
152 575
-
-
withholding
23 326
32 948
-
-
total
23 326
32 948
-
-
Income
179 500
179 500
179 500
179 500
Total tax
64 329
59 873
83 020
78 786
After tax
115 171
119 627
96 480
100 714
Living cost
27 751
27 751
27 751
27 751
Free-cash
87 420
91 876
68 729
72 963

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109252
₽108798
₽112301
₽112103
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
60 976
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
64 443
Employee
4 198
-
177 238
-
health
210
-
503
-
income
812
-
60 870
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
62 379
-
Employer
4 198
-
177 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
174 358
179 500
-
-
income
38 359
39 490
-
-
total
38 359
39 490
-
-
Dividends
135 999
140 010
-
-
withholding
27 200
28 002
-
-
total
27 200
28 002
-
-
Income
179 500
179 500
179 500
179 500
Total tax
67 946
67 492
64 641
64 443
After tax
111 554
112 008
114 859
115 057
Living cost
2 756
2 756
2 756
2 756
Free-cash
108 798
109 252
112 103
112 301

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112236
₽107271
₽93195
₽93196
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 659
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
68 852
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.

26 319
-
166 149
-
health
1 355
-
3 841
-
income
3 628
-
40 659
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
55 501
-
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.

26 319
-
166 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
148 470
179 500
-
-
income
22 271
26 925
-
-
total
22 271
26 925
-
-
Dividends
126 200
152 575
-
-
withholding
18 930
22 886
-
-
total
18 930
22 886
-
-
Income
179 500
179 500
179 500
179 500
Total tax
54 776
49 811
68 851
68 852
After tax
124 724
129 689
110 649
110 648
Living cost
17 453
17 453
17 453
17 453
Free-cash
107 271
112 236
93 196
93 195

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74892
₽74530
₽68812
₽55203
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 104
surtax
-
-
-
-
social contributions

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

-
-
-
62 377
total
-
-
-
83 481
Employee
39 169
-
145 051
-
social contributions
4 309
-
15 955
-
surtax
-
-
-
-
income
7 653
-
46 686
-
total
11 962
-
62 641
-
Employer
39 169
-
145 051
-
social contributions
9 302
-
34 449
-
total
9 302
-
34 449
-
Corporate
131 030
179 500
-
-
surtax
-
-
-
-
income
27 516
37 695
-
-
total
27 516
37 695
-
-
Dividends
103 513
141 805
-
-
withholding
28 983
39 706
-
-
total
28 983
39 706
-
-
Income
179 500
179 500
179 500
179 500
Total tax
77 763
77 401
97 090
83 481
After tax
101 737
102 099
82 410
96 019
Living cost
27 207
27 207
27 207
27 207
Free-cash
74 530
74 892
55 203
68 812

Estimated living cost  is ₽27207 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84160
₽77556
₽65247
₽61013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
50 723
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
78 786
Employee
48 739
-
149 680
-
other
48
-
94
-
income
10 180
-
47 258
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
53 199
-
Employer
48 739
-
149 680
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 076
-
total
15 539
-
29 821
-
Corporate
115 222
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.

17 284
26 925
-
-
total
17 284
26 925
-
-
Dividends
97 938
152 575
-
-
withholding
20 381
32 948
-
-
total
20 381
32 948
-
-
Income
179 500
179 500
179 500
179 500
Total tax
66 477
59 873
83 020
78 786
After tax
113 023
119 627
96 480
100 714
Living cost
35 467
35 467
35 467
35 467
Free-cash
77 556
84 160
61 013
65 247

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136102
₽129948
₽125787
₽132843
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
36 342
Employee
23 001
-
172 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
17 258
-
pensions

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

2 019
-
3 097
-
total
5 630
-
22 365
-
Employer
23 001
-
172 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
151 986
179 500
-
-
income
15 198
17 950
-
-
total
15 198
17 950
-
-
Dividends
136 788
161 550
-
-
withholding
6 840
8 077
-
-
total
6 840
8 077
-
-
Income
179 500
179 500
179 500
179 500
Total tax
32 181
26 027
29 286
36 342
After tax
147 319
153 473
150 214
143 158
Living cost
17 371
17 371
17 371
17 371
Free-cash
129 948
136 102
132 843
125 787

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
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.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53415
₽66617
₽55879
₽74904
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
179 500
trade
-
-
-
19 025
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.

-
-
-
55 678
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.

-
-
-
6 894
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.

-
-
-
3 062
total
-
-
-
84 659
Employee

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

50 213
-
179 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
surtax

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

228
-
3 062
-
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.

4 129
-
55 678
-
total
11 251
-
65 634
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
129 287
179 500
-
-
surtax

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

1 067
1 480
-
-
income
19 392
26 925
-
-
trade
18 554
25 758
-
-
chamber of commerce
343
416
-
-
total
39 356
54 579
-
-
Dividends
89 931
124 921
-
-
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.

1 216
1 697
-
-
withholding
22 098
30 847
-
-
total
23 314
32 544
-
-
Income
179 500
179 500
179 500
179 500
Total tax
73 921
87 123
65 634
84 659
After tax
105 579
92 377
113 866
94 841
Living cost
38 962
38 962
38 962
38 962
Free-cash
66 617
53 415
74 904
55 879

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68164
₽70390
₽36907
₽36907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 119
social contributions
-
-
-
29 987
total
-
-
-
85 106
Employee
78 941
-
179 500
-
income
14 896
-
55 119
-
social contributions
6 558
-
29 987
-
total
21 454
-
85 106
-
Employer
78 941
-
179 500
-
total
-
-
-
-
Corporate
100 559
179 500
-
-
income
12 571
22 437
-
-
total
12 571
22 437
-
-
Dividends
87 989
157 063
-
-
withholding
17 598
31 412
-
-
total
17 598
31 412
-
-
Income
179 500
179 500
179 500
179 500
Total tax
51 623
53 849
85 106
85 106
After tax
127 877
125 651
94 394
94 394
Living cost
57 487
57 487
57 487
57 487
Free-cash
70 390
68 164
36 907
36 907

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74709
₽78237
₽107398
₽90888
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
174 858
-
income
5 023
-
42 694
-
social contributions
4 638
-
4 642
-
total
9 661
-
47 336
-
Employer
46 295
-
174 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
128 566
179 500
-
-
income
44 998
62 825
-
-
total
44 998
62 825
-
-
Dividends
83 569
116 675
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
179 500
179 500
179 500
179 500
Total tax
64 629
68 157
51 978
35 468
After tax
114 871
111 343
127 522
144 032
Living cost
36 634
36 634
36 634
36 634
Free-cash
78 237
74 709
90 888
107 398

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
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.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79764
₽85758
₽81332
₽65091
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 420
pensions
-
-
-
9 133
total
-
-
-
60 553
Employee
51 632
-
156 792
-
health
674
-
2 269
-
income
9 403
-
40 592
-
pensions
3 941
-
11 225
-
total
14 018
-
54 086
-
Employer
51 632
-
156 792
-
pensions
5 216
-
19 728
-
health
981
-
2 980
-
total
6 197
-
22 708
-
Corporate
121 670
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.

23 118
34 104
-
-
total
23 118
34 104
-
-
Dividends
98 552
145 396
-
-
withholding
12 794
28 017
-
-
total
12 794
28 017
-
-
Income
179 500
179 500
179 500
179 500
Total tax
56 127
62 121
76 794
60 553
After tax
123 373
117 379
102 706
118 947
Living cost
37 615
37 615
37 615
37 615
Free-cash
85 758
79 764
65 091
81 332

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9360
₽10873
₽98797
₽73698
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
49 816
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
56 803
Employee
37 595
-
161 781
-
health
4 304
-
18 524
-
income
5 158
-
38 005
-
pensions
4 233
-
7 654
-
total
13 695
-
64 183
-
Employer
37 595
-
161 781
-
accident
628
-
2 702
-
unemployment
921
-
3 964
-
pensions
6 113
-
11 053
-
total
7 662
-
17 719
-
Corporate
134 244
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.

120 819
161 550
-
-
total
120 819
161 550
-
-
Dividends
13 424
17 950
-
-
withholding
2 551
3 410
-
-
total
2 551
3 410
-
-
Income
179 500
179 500
179 500
179 500
Total tax
144 727
164 960
81 902
56 803
After tax
34 773
14 540
97 598
122 697
Living cost
23 900
23 900
23 900
23 900
Free-cash
10 873
-9 360
73 698
98 797

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
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.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137418
₽132696
₽91865
₽114058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
29 621
pensions
-
-
-
29 696
unemployment
-
-
-
1 937
total
-
-
-
74 004
Employee

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

21 810
-
179 500
-
work injury
109
-
403
-
income
2 181
-
29 621
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
51 811
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
157 690
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%.

1 577
1 795
-
-
total
1 577
1 795
-
-
Dividends
156 113
177 705
-
-
withholding
23 417
26 656
-
-
total
23 417
26 656
-
-
Income
179 500
179 500
179 500
179 500
Total tax
33 173
28 451
51 811
74 004
After tax
146 327
151 049
127 689
105 496
Living cost
13 631
13 631
13 631
13 631
Free-cash
132 696
137 418
114 058
91 865

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
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.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54345
₽49755
₽43356
₽35480
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 201
regional
-
-
-
4 113
national
-
-
-
44 459
social contributions
-
-
-
46 168
total
-
-
-
95 941
Employee
85 040
-
179 500
-
social contributions
28 675
-
60 527
-
regional
1 284
-
3 649
-
municipal
508
-
1 071
-
national
14 371
-
38 570
-
total
44 838
-
103 817
-
Employer
85 040
-
179 500
-
total
-
-
-
-
Corporate
94 460
179 500
-
-
nationa
22 671
43 080
-
-
municipal
4 552
8 652
-
-
total
27 223
51 732
-
-
Dividends
67 237
127 767
-
-
withholding
17 481
33 220
-
-
total
17 481
33 220
-
-
Income
179 500
179 500
179 500
179 500
Total tax
89 542
84 952
103 817
95 941
After tax
89 958
94 548
75 683
83 559
Living cost
40 203
40 203
40 203
40 203
Free-cash
49 755
54 345
35 480
43 356

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close