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
₽62090
₽84468
₽63067
₽72468
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
179 500
income

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

-
-
-
57 063
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.

-
-
-
3 139
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.

-
-
-
6 410
trade
-
-
-
21 401
total
-
-
-
88 013
Employee

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

35 888
-
179 500
-
surtax

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

55
-
3 139
-
income

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

1 002
-
57 063
-
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.

6 410
-
6 410
-
total
7 467
-
66 612
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
143 612
179 500
-
-
income
21 542
26 925
-
-
surtax

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

1 184
1 481
-
-
chamber of commerce
349
401
-
-
trade
22 619
28 271
-
-
total
45 694
57 078
-
-
Dividends
97 918
122 423
-
-
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.

1 327
1 663
-
-
withholding
24 124
30 249
-
-
total
25 451
31 912
-
-
Income
179 500
179 500
179 500
179 500
Total tax
78 612
88 990
66 612
88 013
After tax
100 888
90 510
112 888
91 487
Living cost
28 420
28 420
28 420
28 420
Free-cash
72 468
62 090
84 468
63 067

Estimated living cost  is ₽28420 per week

₽17877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62052
₽56320
₽55356
₽61222
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
social contributions
-
-
-
1 930
municipal
-
-
-
19 706
national
-
-
-
31 012
pensions
-
-
-
21 540
total
-
-
-
74 188
Employee
77 442
-
155 176
-
municipal
9 565
-
20 401
-
pensions
3 098
-
6 207
-
national
14 822
-
32 534
-
total
27 485
-
59 142
-
Employer
77 442
-
155 176
-
pensions
6 195
-
12 414
-
social contributions
832
-
1 668
-
total
7 027
-
14 082
-
Corporate
89 919
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%.

17 984
35 900
-
-
total
17 984
35 900
-
-
Dividends
71 936
143 600
-
-
withholding
15 826
31 592
-
-
total
15 826
31 592
-
-
Income
179 500
179 500
179 500
179 500
Total tax
68 322
67 492
73 224
74 188
After tax
111 178
112 008
106 276
105 312
Living cost
49 956
49 956
49 956
49 956
Free-cash
61 222
62 052
56 320
55 356

Estimated living cost  is ₽49956 per week

₽33955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
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.
₽10610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124078
₽56859
₽43643
₽116383
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
179 500
income
-
-
-
34 613
surtax
-
-
-
45 772
social contributions

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

-
-
-
35 951
microenterprise
-
-
-
-
total
-
-
-
116 336
Employee
27 418
-
137 442
-
surtax
-
-
19 929
-
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.

3 016
-
12 300
-
income
4 881
-
28 833
-
total
7 897
-
61 062
-
Employer
27 418
-
137 442
-
social contributions

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

6 604
-
26 939
-
surtax
-
-
15 119
-
total
6 604
-
42 058
-
Corporate
145 478
179 500
-
-
income

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

29 095
35 901
-
-
total
29 095
35 901
-
-
Dividends

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

116 383
143 599
-
-
total
-
-
-
-
Income
179 500
179 500
179 500
179 500
Total tax
43 596
35 901
103 120
116 336
After tax
135 904
143 599
76 380
63 164
Living cost
19 521
19 521
19 521
19 521
Free-cash
116 383
124 078
56 859
43 643

Estimated living cost  is ₽19521 per week

₽12454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49774
₽74385
₽58803
₽44022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
income
-
-
-
58 827
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
81 390
Employee
80 127
80 127
162 062
-
pensions
14 423
10 993
10 993
-
income

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

13 116
13 116
25 808
-
health
12 299
10 461
11 570
-
total
39 838
34 570
48 371
-
Employer
80 127
80 127
162 062
-
health
5 570
5 570
6 921
-
pensions
5 577
5 577
6 932
-
unemployment
2 885
2 885
3 584
-
total
14 032
14 032
17 437
-
Corporate
86 324
85 341
-
-
income
17 265
17 069
-
-
total
17 265
17 069
-
-
Dividends
69 060
68 272
-
-
income
14 676
14 508
-
-
withholding
10 360
10 240
-
-
total
25 036
24 748
-
-
Income
179 500
179 500
179 500
179 500
Total tax
96 171
90 419
65 808
81 390
After tax
83 329
89 081
113 692
98 110
Living cost
39 307
39 307
39 307
39 307
Free-cash
44 022
49 774
74 385
58 803

Estimated living cost  is ₽39307 per week

₽27856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60523
₽52913
₽53823
₽59681
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
164
other
-
-
-
9 546
unemployment
-
-
-
82
health
-
-
-
5 126
municipal
-
-
-
46 430
national
-
-
-
17 964
pensions
-
-
-
8 881
total
-
-
-
88 193
Employee
53 411
-
153 688
-
municipal
15 927
-
45 830
-
national
-
-
17 461
-
total
15 927
-
63 291
-
Employer
53 411
-
153 688
-
health
3 285
-
5 052
-
pensions
5 774
-
8 881
-
accident
107
-
164
-
unemployment
1 410
-
2 169
-
other
6 206
-
9 546
-
total
16 782
-
25 812
-
Corporate
109 307
179 500
-
-
income
24 048
39 490
-
-
total
24 048
39 490
-
-
Dividends
85 259
140 010
-
-
withholding
25 578
42 003
-
-
total
25 578
42 003
-
-
Income
179 500
179 500
179 500
179 500
Total tax
82 335
81 493
89 103
88 193
After tax
97 165
98 007
90 397
91 307
Living cost
37 484
37 484
37 484
37 484
Free-cash
59 681
60 523
52 913
53 823

Estimated living cost  is ₽37484 per week

₽24843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52726
₽76028
₽53675
₽65913
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
179 500
income

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

-
-
-
57 063
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.

-
-
-
3 139
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.

-
-
-
6 410
trade
-
-
-
22 352
total
-
-
-
88 964
Employee

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

47 583
-
179 500
-
surtax

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

224
-
3 139
-
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.

4 088
-
57 063
-
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.

6 410
-
6 410
-
total
10 722
-
66 612
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
131 917
179 500
-
-
income
19 788
26 925
-
-
surtax

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

1 088
1 481
-
-
chamber of commerce
329
397
-
-
trade
21 700
29 528
-
-
total
42 905
58 331
-
-
Dividends
89 011
121 169
-
-
surtax

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

1 204
1 647
-
-
withholding
21 896
29 936
-
-
total
23 100
31 583
-
-
Income
179 500
179 500
179 500
179 500
Total tax
76 727
89 914
66 612
88 964
After tax
102 773
89 586
112 888
90 536
Living cost
36 860
36 860
36 860
36 860
Free-cash
65 913
52 726
76 028
53 675

Estimated living cost  is ₽36860 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
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.
₽7771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100467
₽90002
₽91542
₽96575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 765
social contributions
-
-
-
15 181
health
-
-
-
4 578
total
-
-
-
57 524
Employee
72 151
72 151
168 309
-
social contributions
3 506
5 988
8 077
-
income
7 576
6 679
36 935
-
health
718
1 227
2 861
-
total
11 800
13 894
47 873
-
Employer
72 151
72 151
168 309
-
health
782
1 335
3 114
-
social contributions
3 506
5 988
8 077
-
total
4 288
7 323
11 191
-
Corporate
132 978
100 025
-
-
income
16 622
12 503
-
-
total
16 622
12 503
-
-
Dividends
116 356
87 522
-
-
withholding
19 781
14 879
-
-
total
19 781
14 879
-
-
Income
179 500
179 500
179 500
179 500
Total tax
52 491
48 599
59 064
57 524
After tax
127 009
130 901
120 436
121 976
Living cost
30 434
30 434
30 434
30 434
Free-cash
96 575
100 467
90 002
91 542

Estimated living cost  is ₽30434 per week

₽20805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83983
₽87240
₽107532
₽84332
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 275
9 661
150 209
-
unemployment
364
145
2 253
-
pensions
2 428
966
15 021
-
income
2 968
1 181
18 363
-
health
1 699
676
10 515
-
total
7 459
2 968
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.

24 275
9 661
150 209
-
pensions
4 734
1 884
29 291
-
total
4 734
1 884
29 291
-
Corporate
150 491
167 955
-
-
income
13 544
15 116
-
-
total
13 544
15 116
-
-
Dividends
136 947
152 839
-
-
social contributions
26 594
29 693
-
-
withholding
26 020
29 039
-
-
total
52 614
58 732
-
-
Income
179 500
179 500
179 500
179 500
Total tax
78 351
78 700
75 443
55 151
After tax
101 149
100 800
104 057
124 349
Living cost
16 817
16 817
16 817
16 817
Free-cash
84 332
83 983
87 240
107 532

Estimated living cost  is ₽16817 per week

₽11476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120935
₽80797
₽73550
₽115107
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
income
-
-
-
24 052
health
-
-
-
23 335
pensions
-
-
-
35 899
total
-
-
-
83 286
Employee
26 618
-
134 155
-
unemployment
426
-
2 146
-
pensions
532
-
2 683
-
income
2 997
-
25 865
-
total
3 955
-
30 694
-
Employer
26 618
-
134 155
-
health
3 460
-
17 439
-
pensions
5 324
-
26 832
-
unemployment
214
-
1 074
-
total
8 998
-
45 345
-
Corporate
143 884
179 500
-
-
income
28 776
35 901
-
-
total
28 776
35 901
-
-
Dividends
115 108
143 599
-
-
total
-
-
-
-
Income
179 500
179 500
179 500
179 500
Total tax
41 729
35 901
76 039
83 286
After tax
137 771
143 599
103 461
96 214
Living cost
22 664
22 664
22 664
22 664
Free-cash
115 107
120 935
80 797
73 550

Estimated living cost  is ₽22664 per week

₽15545
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.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6408
₽76967
₽101716
₽11327
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
50 204
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
56 836
Employee
32 952
-
162 322
-
pensions
3 710
-
7 264
-
income
4 521
-
38 557
-
health
3 773
-
18 586
-
total
12 004
-
64 407
-
Employer
32 952
-
162 322
-
pensions
5 358
-
10 490
-
accident
550
-
2 711
-
unemployment
807
-
3 977
-
total
6 715
-
17 178
-
Corporate
139 832
179 500
-
-
income

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

125 849
161 550
-
-
total
125 849
161 550
-
-
Dividends
13 983
17 950
-
-
withholding
2 657
3 410
-
-
total
2 657
3 410
-
-
Income
179 500
179 500
179 500
179 500
Total tax
147 225
164 960
81 585
56 836
After tax
32 275
14 540
97 915
122 664
Living cost
20 948
20 948
20 948
20 948
Free-cash
11 327
-6 408
76 967
101 716

Estimated living cost  is ₽20948 per week

₽15353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162964
₽136039
₽170144
₽161547
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
179 500
microenterprise

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

-
-
-
1 795
total
-
-
-
1 795
Employee
9 450
-
179 500
-
income
1 890
-
35 900
-
total
1 890
-
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%.

170 050
179 500
-
-
total
-
-
-
-
Dividends
170 050
179 500
-
-
withholding
8 502
8 975
-
-
total
8 502
8 975
-
-
Income
179 500
179 500
179 500
179 500
Total tax
10 392
8 975
35 900
1 795
After tax
169 108
170 525
143 600
177 705
Living cost
7 561
7 561
7 561
7 561
Free-cash
161 547
162 964
136 039
170 144

Estimated living cost  is ₽7561 per week

₽4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106875
₽76564
₽78119
₽100542
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 079
other
-
-
-
6 777
health
-
-
-
6 278
pensions

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

-
-
-
34 245
total
-
-
-
76 379
Employee
34 069
-
143 537
-
unemployment
340
-
1 426
-
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.

2 384
-
9 987
-
income
5 865
-
28 561
-
health
477
-
1 998
-
total
9 066
-
41 972
-
Employer
34 069
-
143 537
-
health
477
-
1 998
-
pensions

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

5 792
-
24 257
-
accident
272
-
1 148
-
unemployment
340
-
1 426
-
other
1 704
-
7 133
-
total
8 585
-
35 962
-
Corporate
136 845
179 500
-
-
income
28 737
37 696
-
-
total
28 737
37 696
-
-
Dividends
108 108
141 804
-
-
withholding
7 568
9 927
-
-
total
7 568
9 927
-
-
Income
179 500
179 500
179 500
179 500
Total tax
53 956
47 623
77 934
76 379
After tax
125 544
131 877
101 566
103 121
Living cost
25 002
25 002
25 002
25 002
Free-cash
100 542
106 875
76 564
78 119

Estimated living cost  is ₽25002 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53260
₽39094
₽55264
₽58930
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
income
-
-
-
52 830
pensions
-
-
-
8 720
total
-
-
-
61 550
Employee
88 691
-
156 670
-
pensions
8 556
-
10 621
-
income
15 987
-
42 053
-
health
1 461
-
2 215
-
total
26 004
-
54 889
-
Employer
88 691
-
156 670
-
health
1 684
-
2 977
-
pensions
10 472
-
19 854
-
total
12 156
-
22 831
-
Corporate
78 653
179 500
-
-
income

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

14 945
34 105
-
-
total
14 945
34 105
-
-
Dividends
63 708
145 395
-
-
withholding
4 779
29 449
-
-
total
4 779
29 449
-
-
Income
179 500
179 500
179 500
179 500
Total tax
57 884
63 554
77 720
61 550
After tax
121 616
115 946
101 780
117 950
Living cost
62 686
62 686
62 686
62 686
Free-cash
58 930
53 260
39 094
55 264

Estimated living cost  is ₽62686 per week

₽46972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽141174
₽138721
₽131527
₽136817
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
income
-
-
-
26 925
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
35 674
Employee
16 286
-
173 071
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 877
-
income
1 628
-
17 307
-
health
749
-
1 507
-
total
3 986
-
22 051
-
Employer
16 286
-
173 071
-
health
1 124
-
2 261
-
pensions

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

1 795
-
3 611
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
unemployment
97
-
197
-
total
3 195
-
6 429
-
Corporate
160 018
179 500
-
-
income
16 002
17 950
-
-
total
16 002
17 950
-
-
Dividends
144 016
161 550
-
-
withholding
7 201
8 077
-
-
total
7 201
8 077
-
-
Income
179 500
179 500
179 500
179 500
Total tax
30 384
26 027
28 480
35 674
After tax
149 116
153 473
151 020
143 826
Living cost
12 299
12 299
12 299
12 299
Free-cash
136 817
141 174
138 721
131 527

Estimated living cost  is ₽12299 per week

₽7181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37051
₽61662
₽46080
₽39411
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
income
-
-
-
58 827
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
81 390
Employee
86 993
80 127
162 062
-
pensions
10 993
10 993
10 993
-
income

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

13 116
13 116
25 808
-
health
10 853
10 461
11 570
-
total
34 962
34 570
48 371
-
Employer
86 993
80 127
162 062
-
health
6 045
5 570
6 921
-
pensions
6 054
5 577
6 932
-
unemployment
3 132
2 885
3 584
-
total
15 231
14 032
17 437
-
Corporate
77 276
85 341
-
-
income
15 456
17 069
-
-
total
15 456
17 069
-
-
Dividends
61 820
68 272
-
-
income
13 137
14 508
-
-
withholding
9 273
10 240
-
-
total
22 410
24 748
-
-
Income
179 500
179 500
179 500
179 500
Total tax
88 059
90 419
65 808
81 390
After tax
91 441
89 081
113 692
98 110
Living cost
52 030
52 030
52 030
52 030
Free-cash
39 411
37 051
61 662
46 080

Estimated living cost  is ₽52030 per week

₽38381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100575
₽72681
₽80210
₽92365
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 323
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
613
health
-
-
-
24 232
total
-
-
-
76 279
Employee
33 839
-
138 671
-
solidarity contribution
-
-
-
-
social contributions
2 200
-
7 371
-
income
4 061
-
16 887
-
health
4 568
-
18 721
-
total
10 829
-
42 979
-
Employer
33 839
-
138 671
-
health
3 045
-
12 480
-
social contributions
8 460
-
28 349
-
total
11 505
-
40 829
-
Corporate
134 156
179 500
-
-
income
25 490
34 105
-
-
total
25 490
34 105
-
-
Dividends
108 666
145 395
-
-
withholding
16 300
21 809
-
-
total
16 300
21 809
-
-
Income
179 500
179 500
179 500
179 500
Total tax
64 124
55 914
83 808
76 279
After tax
115 376
123 586
95 692
103 221
Living cost
23 011
23 011
23 011
23 011
Free-cash
92 365
100 575
72 681
80 210

Estimated living cost  is ₽23011 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56178
₽37255
₽45362
₽51279
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
social contributions
-
-
-
46 168
regional
-
-
-
2 134
municipal
-
-
-
1 067
national
-
-
-
45 176
total
-
-
-
94 545
Employee
83 391
-
179 500
-
municipal
442
-
953
-
national
14 450
-
39 287
-
regional
787
-
1 884
-
social contributions
28 119
-
60 528
-
total
43 798
-
102 652
-
Employer
83 391
-
179 500
-
total
-
-
-
-
Corporate
96 109
179 500
-
-
municipal
3 748
7 001
-
-
nationa
23 066
43 080
-
-
total
26 814
50 081
-
-
Dividends
69 295
129 419
-
-
withholding
18 016
33 648
-
-
total
18 016
33 648
-
-
Income
179 500
179 500
179 500
179 500
Total tax
88 628
83 729
102 652
94 545
After tax
90 872
95 771
76 848
84 955
Living cost
39 593
39 593
39 593
39 593
Free-cash
51 279
56 178
37 255
45 362

Estimated living cost  is ₽39593 per week

₽27599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
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.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92200
₽58313
₽64048
₽89281
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
income
-
-
-
52 231
other
-
-
-
-
surtax
-
-
-
8 365
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
94 747
Employee
31 029
-
153 140
-
other
-
-
-
-
unemployment
2 160
-
8 716
-
pensions
2 069
-
8 353
-
surtax
101
-
7 242
-
income
5 201
-
46 618
-
health
792
-
3 193
-
total
10 323
-
74 122
-
Employer
31 029
-
153 140
-
health
1 412
-
5 698
-
pensions
4 136
-
16 693
-
unemployment
983
-
3 969
-
other
-
-
-
-
total
6 531
-
26 360
-
Corporate
141 940
179 500
-
-
income
36 905
46 670
-
-
total
36 905
46 670
-
-
Dividends
105 035
132 830
-
-
withholding
15 755
19 925
-
-
total
15 755
19 925
-
-
Income
179 500
179 500
179 500
179 500
Total tax
69 514
66 595
100 482
94 747
After tax
109 986
112 905
79 018
84 753
Living cost
20 705
20 705
20 705
20 705
Free-cash
89 281
92 200
58 313
64 048

Estimated living cost  is ₽20705 per week

₽12660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
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.
₽5657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73121
₽58955
₽75125
₽79313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
income
-
-
-
52 830
pensions
-
-
-
8 720
total
-
-
-
61 550
Employee
59 438
-
156 670
-
pensions
5 045
-
10 621
-
income
10 705
-
42 053
-
health
863
-
2 215
-
total
16 613
-
54 889
-
Employer
59 438
-
156 670
-
health
1 129
-
2 977
-
pensions
6 434
-
19 854
-
total
7 563
-
22 831
-
Corporate
112 498
179 500
-
-
income

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

21 375
34 105
-
-
total
21 375
34 105
-
-
Dividends
91 123
145 395
-
-
withholding
11 811
29 449
-
-
total
11 811
29 449
-
-
Income
179 500
179 500
179 500
179 500
Total tax
57 362
63 554
77 720
61 550
After tax
122 138
115 946
101 780
117 950
Living cost
42 825
42 825
42 825
42 825
Free-cash
79 313
73 121
58 955
75 125

Estimated living cost  is ₽42825 per week

₽32084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7994
₽62346
₽70447
₽39695
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
3 591
regional
-
-
-
9 164
health
-
-
-
403
city
-
-
-
1 891
national
-
-
-
3 404
pensions
-
-
-
16 514
total
-
-
-
34 967
Employee
86 700
-
160 662
-
unemployment
-
-
-
-
pensions
7 284
-
13 495
-
national
410
-
2 506
-
regional
2 839
-
7 908
-
city
930
-
1 726
-
health
196
-
362
-
total
11 659
-
25 997
-
Employer
86 700
-
160 662
-
health
196
-
362
-
pensions
7 284
-
13 495
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 733
-
3 214
-
total
9 213
-
17 071
-
Corporate
82 634
179 500
-
-
regional
17 477
37 965
-
-
national
7 023
15 257
-
-
total
24 500
53 222
-
-
Dividends
58 133
126 279
-
-
withholding
20 347
44 198
-
-
total
20 347
44 198
-
-
Income
179 500
179 500
179 500
179 500
Total tax
65 719
97 420
43 068
34 967
After tax
113 781
82 080
136 432
144 533
Living cost
74 086
74 086
74 086
74 086
Free-cash
39 695
7 994
62 346
70 447

Estimated living cost  is ₽74086 per week

₽48177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽910
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽45679
₽69904
₽46601
₽60895
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
179 500
income

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

-
-
-
57 063
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.

-
-
-
3 139
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.

-
-
-
6 410
trade
-
-
-
23 303
total
-
-
-
89 915
Employee

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

56 390
-
179 500
-
surtax

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

365
-
3 139
-
income

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

6 631
-
57 063
-
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.

6 410
-
6 410
-
total
13 406
-
66 612
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
123 110
179 500
-
-
income
18 467
26 925
-
-
surtax

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

1 015
1 481
-
-
chamber of commerce
315
395
-
-
trade
21 113
30 785
-
-
total
40 910
59 586
-
-
Dividends
82 200
119 914
-
-
surtax

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

1 111
1 629
-
-
withholding
20 194
29 622
-
-
total
21 305
31 251
-
-
Income
179 500
179 500
179 500
179 500
Total tax
75 621
90 837
66 612
89 915
After tax
103 879
88 663
112 888
89 585
Living cost
42 984
42 984
42 984
42 984
Free-cash
60 895
45 679
69 904
46 601

Estimated living cost  is ₽42984 per week

₽31394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58363
₽64921
₽68821
₽63909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 212
other
-
-
-
5 564
surtax
-
-
-
-
social contributions
-
-
-
5 114
health
-
-
-
8 034
pensions
-
-
-
30 652
total
-
-
-
78 576
Employee
40 158
-
138 297
-
pensions
4 541
-
9 875
-
surtax
-
-
-
-
social contributions
1 145
-
3 940
-
income
2 370
-
27 456
-
total
8 056
-
41 271
-
Employer
40 158
-
138 297
-
health
2 812
-
13 103
-
pensions
6 597
-
16 580
-
unemployment
1 626
-
5 602
-
social contributions
121
-
415
-
other
1 385
-
5 505
-
total
12 541
-
41 205
-
Corporate
126 801
179 500
-
-
income
35 504
50 259
-
-
surtax
-
-
-
-
total
35 504
50 259
-
-
Dividends
91 298
129 241
-
-
surtax
-
-
-
-
social contributions
15 701
22 231
-
-
withholding
11 686
16 544
-
-
total
27 387
38 775
-
-
Income
179 500
179 500
179 500
179 500
Total tax
83 488
89 034
82 476
78 576
After tax
96 012
90 466
97 024
100 924
Living cost
32 103
32 103
32 103
32 103
Free-cash
63 909
58 363
64 921
68 821

Estimated living cost  is ₽32103 per week

₽20242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61544
₽68102
₽72002
₽66758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 212
other
-
-
-
5 564
surtax
-
-
-
-
social contributions
-
-
-
5 114
health
-
-
-
8 034
pensions
-
-
-
30 652
total
-
-
-
78 576
Employee
35 847
-
138 297
-
pensions
4 054
-
9 875
-
surtax
-
-
-
-
social contributions
1 022
-
3 940
-
income
1 848
-
27 456
-
total
6 924
-
41 271
-
Employer
35 847
-
138 297
-
health
2 509
-
13 103
-
pensions
5 890
-
16 580
-
unemployment
1 451
-
5 602
-
social contributions
107
-
415
-
other
1 238
-
5 505
-
total
11 195
-
41 205
-
Corporate
132 459
179 500
-
-
income
37 088
50 259
-
-
surtax
-
-
-
-
total
37 088
50 259
-
-
Dividends
95 370
129 241
-
-
surtax
-
-
-
-
social contributions
16 405
22 231
-
-
withholding
12 208
16 544
-
-
total
28 613
38 775
-
-
Income
179 500
179 500
179 500
179 500
Total tax
83 820
89 034
82 476
78 576
After tax
95 680
90 466
97 024
100 924
Living cost
28 922
28 922
28 922
28 922
Free-cash
66 758
61 544
68 102
72 002

Estimated living cost  is ₽28922 per week

₽16773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89616
₽91259
₽95379
₽90103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
income
-
-
-
26 925
social contributions
-
-
-
24 772
health
-
-
-
12 528
total
-
-
-
64 225
Employee
31 814
-
179 500
-
social contributions
4 391
-
24 772
-
income
5 306
-
31 045
-
health
2 220
-
12 528
-
total
11 917
-
68 345
-
Employer
31 814
-
179 500
-
total
-
-
-
-
Corporate
147 686
179 500
-
-
income

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

7 384
8 974
-
-
total
7 384
8 974
-
-
Dividends
140 302
170 526
-
-
social contributions
19 362
23 533
-
-
withholding
21 045
25 578
-
-
health
9 793
11 903
-
-
total
50 200
61 014
-
-
Income
179 500
179 500
179 500
179 500
Total tax
69 501
69 988
68 345
64 225
After tax
109 999
109 512
111 155
115 275
Living cost
19 896
19 896
19 896
19 896
Free-cash
90 103
89 616
91 259
95 379

Estimated living cost  is ₽19896 per week

₽13315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66119
₽14332
₽59104
₽64666
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
income
-
-
-
52 012
surtax
-
-
-
185
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
718
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
87 334
Employee
46 892
37 393
145 172
-
other
468
374
1 097
-
unemployment
1 407
1 122
3 289
-
pensions
4 802
3 828
11 225
-
income
5 338
2 758
42 525
-
health
1 814
1 448
4 241
-
total
13 829
9 530
62 377
-
Employer
46 892
37 393
145 172
-
chamber of commerce
187
150
580
-
health
1 772
1 414
4 143
-
pensions
5 885
4 694
13 757
-
accident
609
486
1 424
-
unemployment
1 407
1 122
3 289
-
surtax
185
185
185
-
payroll
1 407
1 122
4 355
-
other
2 228
1 775
6 594
-
total
13 680
10 948
34 327
-
Corporate
118 929
131 160
141 610
-
income

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

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

29 733
32 790
35 402
-
total
29 733
32 790
35 402
-
Dividends
89 197
98 370
-
-
withholding
24 530
27 051
-
-
total
24 530
27 051
-
-
Income
179 500
179 500
179 500
179 500
Total tax
81 772
80 319
132 106
87 334
After tax
97 728
99 181
47 394
92 166
Living cost
33 062
33 062
33 062
33 062
Free-cash
64 666
66 119
14 332
59 104

Estimated living cost  is ₽33062 per week

₽22051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66054
₽28192
₽43701
₽52076
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
communal

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

-
-
-
9 366
social contributions
-
-
-
23 393
national
-
-
-
68 828
total
-
-
-
101 587
Employee

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

67 117
-
139 029
-
unemployment

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

584
-
1 209
-
communal

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

3 501
-
7 251
-
pensions

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

5 034
-
10 427
-
national
20 635
-
51 203
-
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.

3 153
-
6 535
-
total
32 907
-
76 625
-
Employer

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

67 117
-
139 029
-
health

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

4 127
-
8 550
-
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.

5 947
-
12 318
-
accident

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

872
-
1 807
-
unemployment

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

979
-
2 030
-
surtax
7 610
-
15 766
-
total
19 535
-
40 471
-
Corporate
92 846
179 500
-
-
income
18 570
36 029
-
-
surtax
372
721
-
-
total
18 942
36 750
-
-
Dividends
73 904
142 750
-
-
withholding

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

21 828
42 484
-
-
total
21 828
42 484
-
-
Income
179 500
179 500
179 500
179 500
Total tax
93 212
79 234
117 096
101 587
After tax
86 288
100 266
62 404
77 913
Living cost
34 212
34 212
34 212
34 212
Free-cash
52 076
66 054
28 192
43 701

Estimated living cost  is ₽34212 per week

₽22037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85591
₽62753
₽66690
₽79165
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
52 833
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
78 924
Employee
46 707
-
151 774
-
other
46
-
87
-
unemployment
725
-
1 348
-
pensions
2 195
-
4 088
-
income
9 855
-
49 612
-
total
12 821
-
55 135
-
Employer
46 707
-
151 774
-
pensions
11 022
-
20 525
-
accident
924
-
1 722
-
unemployment
2 569
-
4 783
-
other
372
-
696
-
total
14 887
-
27 726
-
Corporate
117 906
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.

17 685
26 925
-
-
total
17 685
26 925
-
-
Dividends
100 221
152 575
-
-
withholding
21 056
33 098
-
-
total
21 056
33 098
-
-
Income
179 500
179 500
179 500
179 500
Total tax
66 449
60 023
82 861
78 924
After tax
113 051
119 477
96 639
100 576
Living cost
33 886
33 886
33 886
33 886
Free-cash
79 165
85 591
62 753
66 690

Estimated living cost  is ₽33886 per week

₽24953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52975
₽43317
₽36164
₽40528
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
communal
-
-
-
11 344
accident
-
-
-
1 514
income
-
-
-
31 073
surtax
-
-
-
8 899
health
-
-
-
12 610
pensions
-
-
-
26 905
total
-
-
-
92 345
Employee
71 057
-
160 341
-
pensions
5 684
-
12 828
-
surtax
4 355
-
9 827
-
income
6 863
-
36 242
-
health
3 162
-
7 135
-
total
20 064
-
66 032
-
Employer
71 057
-
160 341
-
health
2 167
-
4 890
-
pensions
5 684
-
12 828
-
accident
639
-
1 442
-
total
8 490
-
19 160
-
Corporate
99 953
179 500
-
-
communal
6 747
12 117
-
-
income
14 993
26 925
-
-
surtax
1 049
1 884
-
-
total
22 789
40 926
-
-
Dividends
77 165
138 574
-
-
income
25 064
13 821
-
-
withholding
11 574
20 787
-
-
total
36 638
34 608
-
-
Income
179 500
179 500
179 500
179 500
Total tax
87 981
75 534
85 192
92 345
After tax
91 519
103 966
94 308
87 155
Living cost
50 991
50 991
50 991
50 991
Free-cash
40 528
52 975
43 317
36 164

Estimated living cost  is ₽50991 per week

₽38251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91830
₽57943
₽63678
₽88847
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
income
-
-
-
52 231
other
-
-
-
-
surtax
-
-
-
8 365
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
94 747
Employee
31 599
-
153 140
-
other
-
-
-
-
unemployment
2 199
-
8 716
-
pensions
2 108
-
8 353
-
surtax
112
-
7 242
-
income
5 297
-
46 618
-
health
807
-
3 193
-
total
10 523
-
74 122
-
Employer
31 599
-
153 140
-
health
1 437
-
5 698
-
pensions
4 213
-
16 693
-
unemployment
1 002
-
3 969
-
other
-
-
-
-
total
6 652
-
26 360
-
Corporate
141 249
179 500
-
-
income
36 725
46 670
-
-
total
36 725
46 670
-
-
Dividends
104 524
132 830
-
-
withholding
15 678
19 925
-
-
total
15 678
19 925
-
-
Income
179 500
179 500
179 500
179 500
Total tax
69 578
66 595
100 482
94 747
After tax
109 922
112 905
79 018
84 753
Living cost
21 075
21 075
21 075
21 075
Free-cash
88 847
91 830
57 943
63 678

Estimated living cost  is ₽21075 per week

₽12724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
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.
₽6031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69073
₽51041
₽59106
₽66989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
social contributions
-
-
-
46 168
regional
-
-
-
2 707
municipal
-
-
-
1 067
national
-
-
-
45 176
total
-
-
-
95 118
Employee
52 049
-
179 500
-
municipal
276
-
953
-
national
8 246
-
39 287
-
regional
701
-
2 415
-
social contributions
17 551
-
60 528
-
total
26 774
-
103 183
-
Employer
52 049
-
179 500
-
total
-
-
-
-
Corporate
127 451
179 500
-
-
municipal
6 334
8 921
-
-
nationa
30 589
43 080
-
-
total
36 923
52 001
-
-
Dividends
90 528
127 499
-
-
withholding
23 538
33 150
-
-
total
23 538
33 150
-
-
Income
179 500
179 500
179 500
179 500
Total tax
87 235
85 151
103 183
95 118
After tax
92 265
94 349
76 317
84 382
Living cost
25 276
25 276
25 276
25 276
Free-cash
66 989
69 073
51 041
59 106

Estimated living cost  is ₽25276 per week

₽15719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
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.
₽6563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95231
₽67337
₽74866
₽85115
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 323
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
613
health
-
-
-
24 232
total
-
-
-
76 279
Employee
41 699
-
138 671
-
solidarity contribution
-
-
-
-
social contributions
2 710
-
7 371
-
income
5 004
-
16 887
-
health
5 629
-
18 721
-
total
13 343
-
42 979
-
Employer
41 699
-
138 671
-
health
3 753
-
12 480
-
social contributions
10 425
-
28 349
-
total
14 178
-
40 829
-
Corporate
123 624
179 500
-
-
income
23 489
34 105
-
-
total
23 489
34 105
-
-
Dividends
100 135
145 395
-
-
withholding
15 020
21 809
-
-
total
15 020
21 809
-
-
Income
179 500
179 500
179 500
179 500
Total tax
66 030
55 914
83 808
76 279
After tax
113 470
123 586
95 692
103 221
Living cost
28 355
28 355
28 355
28 355
Free-cash
85 115
95 231
67 337
74 866

Estimated living cost  is ₽28355 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69346
₽17503
₽62416
₽68882
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
income
-
-
-
52 012
surtax
-
-
-
-
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
718
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
87 149
Employee
41 016
37 393
145 344
-
other
410
374
1 097
-
unemployment
1 230
1 122
3 289
-
pensions
4 200
3 828
11 225
-
income
3 654
2 758
42 608
-
health
1 587
1 448
4 241
-
total
11 081
9 530
62 460
-
Employer
41 016
37 393
145 344
-
chamber of commerce
164
150
582
-
health
1 551
1 414
4 143
-
pensions
5 148
4 694
13 757
-
accident
532
486
1 424
-
unemployment
1 230
1 122
3 289
-
surtax
-
-
-
-
payroll
1 230
1 122
4 361
-
other
1 948
1 775
6 599
-
total
11 803
10 763
34 155
-
Corporate
126 680
131 345
141 783
-
income

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

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

31 670
32 836
35 447
-
total
31 670
32 836
35 447
-
Dividends
95 010
98 509
-
-
withholding
26 129
27 090
-
-
total
26 129
27 090
-
-
Income
179 500
179 500
179 500
179 500
Total tax
80 683
80 219
132 062
87 149
After tax
98 817
99 281
47 438
92 351
Living cost
29 935
29 935
29 935
29 935
Free-cash
68 882
69 346
17 503
62 416

Estimated living cost  is ₽29935 per week

₽17957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158743
₽131818
₽165923
₽156534
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 727
-
179 500
-
income
2 946
-
35 900
-
total
2 946
-
35 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

164 773
179 500
-
-
total
-
-
-
-
Dividends
164 773
179 500
-
-
withholding
8 238
8 975
-
-
total
8 238
8 975
-
-
Income
179 500
179 500
179 500
179 500
Total tax
11 184
8 975
35 900
1 795
After tax
168 316
170 525
143 600
177 705
Living cost
11 782
11 782
11 782
11 782
Free-cash
156 534
158 743
131 818
165 923

Estimated living cost  is ₽11782 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98418
₽57024
₽61503
₽90569
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 118
unemployment
-
-
-
269
health
-
-
-
17 662
pensions
-
-
-
32 781
total
-
-
-
92 830
Employee

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

41 492
-
155 318
-
unemployment
59
-
217
-
pensions
6 432
-
24 074
-
income
7 155
-
38 801
-
health
2 680
-
10 034
-
total
16 326
-
73 126
-
Employer

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

41 492
-
155 318
-
health
2 764
-
10 344
-
pensions
3 672
-
13 746
-
unemployment
25
-
93
-
total
6 461
-
24 183
-
Corporate
131 548
179 500
-
-
income
24 994
34 106
-
-
total
24 994
34 106
-
-
Dividends
106 553
145 394
-
-
withholding
15 983
21 809
-
-
total
15 983
21 809
-
-
Income
179 500
179 500
179 500
179 500
Total tax
63 764
55 915
97 309
92 830
After tax
115 736
123 585
82 191
86 670
Living cost
25 167
25 167
25 167
25 167
Free-cash
90 569
98 418
57 024
61 503

Estimated living cost  is ₽25167 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69128
₽127200
₽83969
₽24945
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 469
-
-
-
social contributions
4 712
-
672
-
income
12 676
-
-
-
total
17 388
-
672
-
Employer
57 469
-
-
-
social contributions
81 031
-
11 548
-
total
81 031
-
11 548
-
Corporate
41 000
179 500
-
-
income
9 020
39 490
-
-
total
9 020
39 490
-
-
Dividends
31 980
140 010
-
-
income
7 036
30 802
-
-
total
7 036
30 802
-
-
Income
179 500
179 500
179 500
179 500
Total tax
114 475
70 292
12 220
55 451
After tax
65 025
109 208
167 280
124 049
Living cost
40 080
40 080
40 080
40 080
Free-cash
24 945
69 128
127 200
83 969

Estimated living cost  is ₽40080 per week

₽26005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72666
₽52177
₽65785
₽71724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 906
surtax
-
-
-
-
social contributions

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

-
-
-
62 377
total
-
-
-
84 283
Employee
43 155
-
145 051
-
surtax
-
-
-
-
social contributions
4 747
-
15 956
-
income
8 976
-
47 486
-
total
13 723
-
63 442
-
Employer
43 155
-
145 051
-
social contributions
10 249
-
34 449
-
total
10 249
-
34 449
-
Corporate
126 096
179 500
-
-
income
26 479
37 696
-
-
surtax
-
-
-
-
total
26 479
37 696
-
-
Dividends
99 617
141 804
-
-
withholding
27 893
39 706
-
-
total
27 893
39 706
-
-
Income
179 500
179 500
179 500
179 500
Total tax
78 344
77 402
97 891
84 283
After tax
101 156
102 098
81 609
95 217
Living cost
29 432
29 432
29 432
29 432
Free-cash
71 724
72 666
52 177
65 785

Estimated living cost  is ₽29432 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45147
₽51705
₽55605
₽51597
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 212
other
-
-
-
5 564
surtax
-
-
-
-
social contributions
-
-
-
5 114
health
-
-
-
8 034
pensions
-
-
-
30 652
total
-
-
-
78 576
Employee
58 768
-
138 297
-
pensions
6 647
-
9 875
-
surtax
-
-
-
-
social contributions
1 674
-
3 940
-
income
5 128
-
27 456
-
total
13 449
-
41 271
-
Employer
58 768
-
138 297
-
health
4 113
-
13 103
-
pensions
9 656
-
16 580
-
unemployment
2 381
-
5 602
-
social contributions
176
-
415
-
other
2 028
-
5 505
-
total
18 354
-
41 205
-
Corporate
102 378
179 500
-
-
income
28 666
50 259
-
-
surtax
-
-
-
-
total
28 666
50 259
-
-
Dividends
73 712
129 241
-
-
surtax
-
-
-
-
social contributions
12 680
22 231
-
-
withholding
9 435
16 544
-
-
total
22 115
38 775
-
-
Income
179 500
179 500
179 500
179 500
Total tax
82 584
89 034
82 476
78 576
After tax
96 916
90 466
97 024
100 924
Living cost
45 319
45 319
45 319
45 319
Free-cash
51 597
45 147
51 705
55 605

Estimated living cost  is ₽45319 per week

₽30671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133345
₽108270
₽103502
₽130193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
income
-
-
-
8 303
social contributions
-
-
-
39 490
total
-
-
-
47 793
Employee
30 166
-
155 410
-
income
-
-
8 834
-
social contributions
1 960
-
10 101
-
total
1 960
-
18 935
-
Employer
30 166
-
155 410
-
social contributions
4 676
-
24 090
-
total
4 676
-
24 090
-
Corporate
144 659
179 500
-
-
income
14 466
17 950
-
-
total
14 466
17 950
-
-
Dividends
130 193
161 550
-
-
total
-
-
-
-
Income
179 500
179 500
179 500
179 500
Total tax
21 102
17 950
43 025
47 793
After tax
158 398
161 550
136 475
131 707
Living cost
28 205
28 205
28 205
28 205
Free-cash
130 193
133 345
108 270
103 502

Estimated living cost  is ₽28205 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24926
-₽24926
₽59857
-₽24926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
labour market
-
-
-
14 295
municipal
-
-
-
37 813
national
-
-
-
21 535
pensions
-
-
-
813
total
-
-
-
74 456
Employee
190 722
190 722
190 722
-
municipal
40 613
40 613
40 613
-
labour market
15 236
15 236
15 236
-
pensions
271
271
271
-
national
23 300
23 300
23 300
-
total
79 420
79 420
79 420
-
Employer
190 722
190 722
190 722
-
national
23 341
23 341
23 341
-
labour market
15 258
15 258
15 258
-
pensions
542
542
542
-
municipal
40 678
40 678
40 678
-
total
79 819
79 819
79 819
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
179 500
179 500
179 500
179 500
Total tax
159 239
159 239
159 239
74 456
After tax
20 261
20 261
20 261
105 044
Living cost
45 187
45 187
45 187
45 187
Free-cash
-24 926
-24 926
-24 926
59 857

Estimated living cost  is ₽45187 per week

₽30926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6099
₽77276
₽102025
₽11373
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
50 204
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
56 836
Employee
32 466
-
162 322
-
pensions
3 656
-
7 264
-
income
4 454
-
38 557
-
health
3 718
-
18 586
-
total
11 828
-
64 407
-
Employer
32 466
-
162 322
-
pensions
5 279
-
10 490
-
accident
542
-
2 711
-
unemployment
796
-
3 977
-
total
6 617
-
17 178
-
Corporate
140 417
179 500
-
-
income

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

126 375
161 550
-
-
total
126 375
161 550
-
-
Dividends
14 042
17 950
-
-
withholding
2 668
3 410
-
-
total
2 668
3 410
-
-
Income
179 500
179 500
179 500
179 500
Total tax
147 488
164 960
81 585
56 836
After tax
32 012
14 540
97 915
122 664
Living cost
20 639
20 639
20 639
20 639
Free-cash
11 373
-6 099
77 276
102 025

Estimated living cost  is ₽20639 per week

₽15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75571
₽57125
₽77683
₽78268
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
179 500
health
-
-
-
2 374
municipal
-
-
-
31 884
national
-
-
-
31 535
total
-
-
-
65 793
Employee
49 366
-
151 005
-
municipal
8 086
-
24 590
-
unemployment
741
-
2 265
-
pensions
3 332
-
10 192
-
national
816
-
18 875
-
health
369
-
1 934
-
total
13 344
-
57 856
-
Employer
49 366
-
151 005
-
health
379
-
1 163
-
pensions
8 565
-
26 200
-
accident
50
-
151
-
unemployment
321
-
981
-
total
9 315
-
28 495
-
Corporate
120 819
179 500
-
-
income
24 165
35 901
-
-
total
24 165
35 901
-
-
Dividends

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

72 491
107 700
-
-
municipal
13 048
19 385
-
-
national
5 336
12 619
-
-
total
18 384
32 004
-
-
Income
179 500
179 500
179 500
179 500
Total tax
65 208
67 905
86 351
65 793
After tax
114 292
111 595
93 149
113 707
Living cost
36 024
36 024
36 024
36 024
Free-cash
78 268
75 571
57 125
77 683

Estimated living cost  is ₽36024 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109177
₽98712
₽100252
₽104069
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 765
social contributions
-
-
-
15 181
health
-
-
-
4 578
total
-
-
-
57 524
Employee
72 151
72 151
168 309
-
social contributions
2 728
5 988
8 077
-
income
7 856
6 679
36 935
-
health
559
1 227
2 861
-
total
11 143
13 894
47 873
-
Employer
72 151
72 151
168 309
-
health
607
1 335
3 114
-
social contributions
2 728
5 988
8 077
-
total
3 335
7 323
11 191
-
Corporate
143 298
100 025
-
-
income
17 913
12 503
-
-
total
17 913
12 503
-
-
Dividends
125 385
87 522
-
-
withholding
21 316
14 879
-
-
total
21 316
14 879
-
-
Income
179 500
179 500
179 500
179 500
Total tax
53 707
48 599
59 064
57 524
After tax
125 793
130 901
120 436
121 976
Living cost
21 724
21 724
21 724
21 724
Free-cash
104 069
109 177
98 712
100 252

Estimated living cost  is ₽21724 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
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.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133747
₽118011
₽136831
₽128973
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 380
unemployment
-
-
-
27
health
-
-
-
3 396
pensions
-
-
-
5 969
total
-
-
-
27 772
Employee

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

21 537
-
170 330
-
unemployment
107
-
445
-
pensions
3 230
-
13 355
-
income
1 473
-
16 054
-
health
1 830
-
7 568
-
total
6 640
-
37 422
-
Employer

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

21 537
-
170 330
-
health
926
-
3 828
-
pensions
1 184
-
4 897
-
unemployment
107
-
445
-
total
2 217
-
9 170
-
Corporate
155 746
179 500
-
-
income
14 017
16 155
-
-
total
14 017
16 155
-
-
Dividends
141 729
163 345
-
-
withholding
12 756
14 701
-
-
total
12 756
14 701
-
-
Income
179 500
179 500
179 500
179 500
Total tax
35 630
30 856
46 592
27 772
After tax
143 870
148 644
132 908
151 728
Living cost
14 897
14 897
14 897
14 897
Free-cash
128 973
133 747
118 011
136 831

Estimated living cost  is ₽14897 per week

₽9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93675
₽70837
₽74774
₽89531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
52 833
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
78 924
Employee
34 695
-
151 774
-
other
34
-
87
-
unemployment
538
-
1 348
-
pensions
1 631
-
4 088
-
income
6 689
-
49 612
-
total
8 892
-
55 135
-
Employer
34 695
-
151 774
-
pensions
8 187
-
20 525
-
accident
687
-
1 722
-
unemployment
1 909
-
4 783
-
other
278
-
696
-
total
11 061
-
27 726
-
Corporate
133 744
179 500
-
-
income

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

20 062
26 925
-
-
total
20 062
26 925
-
-
Dividends
113 682
152 575
-
-
withholding
24 152
33 098
-
-
total
24 152
33 098
-
-
Income
179 500
179 500
179 500
179 500
Total tax
64 167
60 023
82 861
78 924
After tax
115 333
119 477
96 639
100 576
Living cost
25 802
25 802
25 802
25 802
Free-cash
89 531
93 675
70 837
74 774

Estimated living cost  is ₽25802 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110108
₽113524
₽113659
₽109796
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
income
-
-
-
61 550
health
-
-
-
1 005
pensions
-
-
-
1 386
total
-
-
-
63 941
Employee
2 894
-
177 941
-
unemployment
29
-
69
-
pensions
260
-
624
-
income
560
-
61 477
-
health
145
-
347
-
total
994
-
62 517
-
Employer
2 894
-
177 941
-
health
275
-
658
-
pensions
318
-
762
-
unemployment
58
-
139
-
total
651
-
1 559
-
Corporate
175 954
179 500
-
-
income
38 710
39 490
-
-
total
38 710
39 490
-
-
Dividends
137 244
140 010
-
-
withholding
27 449
28 002
-
-
total
27 449
28 002
-
-
Income
179 500
179 500
179 500
179 500
Total tax
67 804
67 492
64 076
63 941
After tax
111 696
112 008
115 424
115 559
Living cost
1 900
1 900
1 900
1 900
Free-cash
109 796
110 108
113 524
113 659

Estimated living cost  is ₽1900 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113493
₽96179
₽96179
₽108884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 963
unemployment
-
-
-
1 038
health
-
-
-
7 129
pensions
-
-
-
17 995
total
-
-
-
67 125
Employee

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

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

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

24 423
-
167 111
-
unemployment
183
-
519
-
pensions
3 419
-
9 690
-
income
3 367
-
40 963
-
health
1 258
-
3 564
-
total
8 227
-
54 736
-
Employer

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

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

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

24 423
-
167 111
-
health
1 258
-
3 564
-
pensions
2 931
-
8 306
-
unemployment
183
-
519
-
total
4 372
-
12 389
-
Corporate
150 705
179 500
-
-
income
22 606
26 925
-
-
total
22 606
26 925
-
-
Dividends
128 099
152 575
-
-
withholding
19 215
22 886
-
-
total
19 215
22 886
-
-
Income
179 500
179 500
179 500
179 500
Total tax
54 420
49 811
67 125
67 125
After tax
125 080
129 689
112 375
112 375
Living cost
16 196
16 196
16 196
16 196
Free-cash
108 884
113 493
96 179
96 179

Estimated living cost  is ₽16196 per week

₽10905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76802
₽56313
₽69921
₽76466
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 906
surtax
-
-
-
-
social contributions

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

-
-
-
62 377
total
-
-
-
84 283
Employee
36 418
-
145 051
-
surtax
-
-
-
-
social contributions
4 006
-
15 956
-
income
7 116
-
47 486
-
total
11 122
-
63 442
-
Employer
36 418
-
145 051
-
social contributions
8 648
-
34 449
-
total
8 648
-
34 449
-
Corporate
134 434
179 500
-
-
income
28 232
37 696
-
-
surtax
-
-
-
-
total
28 232
37 696
-
-
Dividends
106 202
141 804
-
-
withholding
29 736
39 706
-
-
total
29 736
39 706
-
-
Income
179 500
179 500
179 500
179 500
Total tax
77 738
77 402
97 891
84 283
After tax
101 762
102 098
81 609
95 217
Living cost
25 296
25 296
25 296
25 296
Free-cash
76 466
76 802
56 313
69 921

Estimated living cost  is ₽25296 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86501
₽63663
₽67600
₽80360
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
52 833
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
78 924
Employee
45 316
-
151 774
-
other
45
-
87
-
unemployment
702
-
1 348
-
pensions
2 130
-
4 088
-
income
9 465
-
49 612
-
total
12 342
-
55 135
-
Employer
45 316
-
151 774
-
pensions
10 694
-
20 525
-
accident
897
-
1 722
-
unemployment
2 493
-
4 783
-
other
363
-
696
-
total
14 447
-
27 726
-
Corporate
119 736
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.

17 961
26 925
-
-
total
17 961
26 925
-
-
Dividends
101 775
152 575
-
-
withholding
21 414
33 098
-
-
total
21 414
33 098
-
-
Income
179 500
179 500
179 500
179 500
Total tax
66 164
60 023
82 861
78 924
After tax
113 336
119 477
96 639
100 576
Living cost
32 976
32 976
32 976
32 976
Free-cash
80 360
86 501
63 663
67 600

Estimated living cost  is ₽32976 per week

₽23682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
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.
₽6266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137336
₽134883
₽127689
₽131617
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
income
-
-
-
26 925
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
35 674
Employee
21 368
-
173 071
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 877
-
income
2 137
-
17 307
-
health
983
-
1 507
-
total
5 231
-
22 051
-
Employer
21 368
-
173 071
-
health
1 475
-
2 261
-
pensions

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

2 355
-
3 611
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
unemployment
128
-
197
-
total
4 193
-
6 429
-
Corporate
153 940
179 500
-
-
income
15 394
17 950
-
-
total
15 394
17 950
-
-
Dividends
138 545
161 550
-
-
withholding
6 928
8 077
-
-
total
6 928
8 077
-
-
Income
179 500
179 500
179 500
179 500
Total tax
31 746
26 027
28 480
35 674
After tax
147 754
153 473
151 020
143 826
Living cost
16 137
16 137
16 137
16 137
Free-cash
131 617
137 336
134 883
127 689

Estimated living cost  is ₽16137 per week

₽10673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56130
₽76663
₽57165
₽68407
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
179 500
income

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

-
-
-
57 063
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.

-
-
-
3 139
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.

-
-
-
6 410
trade
-
-
-
19 498
total
-
-
-
86 110
Employee

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

46 686
-
179 500
-
surtax

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

212
-
3 139
-
income

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

3 839
-
57 063
-
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.

6 410
-
6 410
-
total
10 461
-
66 612
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
132 814
179 500
-
-
income
19 921
26 925
-
-
surtax

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

1 095
1 481
-
-
chamber of commerce
337
406
-
-
trade
19 058
25 758
-
-
total
40 411
54 570
-
-
Dividends
92 403
124 930
-
-
surtax

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

1 252
1 699
-
-
withholding
22 744
30 876
-
-
total
23 996
32 575
-
-
Income
179 500
179 500
179 500
179 500
Total tax
74 868
87 145
66 612
86 110
After tax
104 632
92 355
112 888
93 390
Living cost
36 225
36 225
36 225
36 225
Free-cash
68 407
56 130
76 663
57 165

Estimated living cost  is ₽36225 per week

₽24989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3898
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.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽72201
₽39483
₽39483
₽74270
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 290
social contributions
-
-
-
30 277
total
-
-
-
86 567
Employee
73 396
-
179 500
-
income
13 850
-
56 290
-
social contributions
6 098
-
30 277
-
total
19 948
-
86 567
-
Employer
73 396
-
179 500
-
total
-
-
-
-
Corporate
106 104
179 500
-
-
income
13 264
22 437
-
-
total
13 264
22 437
-
-
Dividends
92 840
157 063
-
-
withholding
18 568
31 412
-
-
total
18 568
31 412
-
-
Income
179 500
179 500
179 500
179 500
Total tax
51 780
53 849
86 567
86 567
After tax
127 720
125 651
92 933
92 933
Living cost
53 450
53 450
53 450
53 450
Free-cash
74 270
72 201
39 483
39 483

Estimated living cost  is ₽53450 per week

₽40664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77657
₽92700
₽112827
₽80935
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
179 500
income
-
-
-
26 925
health

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

-
-
-
5 687
total
-
-
-
32 612
Employee
43 044
-
175 184
-
income
4 671
-
44 107
-
social contributions
4 313
-
4 316
-
total
8 984
-
48 423
-
Employer
43 044
-
175 184
-
social contributions
4 313
-
4 316
-
total
4 313
-
4 316
-
Corporate
132 143
179 500
-
-
income
46 250
62 825
-
-
total
46 250
62 825
-
-
Dividends
85 894
116 675
-
-
social contributions
4 957
4 957
-
-
total
4 957
4 957
-
-
Income
179 500
179 500
179 500
179 500
Total tax
64 504
67 782
52 739
32 612
After tax
114 996
111 718
126 761
146 888
Living cost
34 061
34 061
34 061
34 061
Free-cash
80 935
77 657
92 700
112 827

Estimated living cost  is ₽34061 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81130
₽66965
₽83134
₽86680
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
income
-
-
-
52 830
pensions
-
-
-
8 720
total
-
-
-
61 550
Employee
47 789
-
156 670
-
pensions
3 648
-
10 621
-
income
8 703
-
42 053
-
health
623
-
2 215
-
total
12 974
-
54 889
-
Employer
47 789
-
156 670
-
health
908
-
2 977
-
pensions
4 828
-
19 854
-
total
5 736
-
22 831
-
Corporate
125 974
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.

23 935
34 105
-
-
total
23 935
34 105
-
-
Dividends
102 040
145 395
-
-
withholding
15 359
29 449
-
-
total
15 359
29 449
-
-
Income
179 500
179 500
179 500
179 500
Total tax
58 004
63 554
77 720
61 550
After tax
121 496
115 946
101 780
117 950
Living cost
34 815
34 815
34 815
34 815
Free-cash
86 680
81 130
66 965
83 134

Estimated living cost  is ₽34815 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8142
₽75233
₽99982
₽11061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
50 204
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
56 836
Employee
35 680
-
162 322
-
pensions
4 018
-
7 264
-
income
4 895
-
38 557
-
health
4 085
-
18 586
-
total
12 998
-
64 407
-
Employer
35 680
-
162 322
-
pensions
5 801
-
10 490
-
accident
596
-
2 711
-
unemployment
874
-
3 977
-
total
7 271
-
17 178
-
Corporate
136 549
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.

122 894
161 550
-
-
total
122 894
161 550
-
-
Dividends
13 655
17 950
-
-
withholding
2 594
3 410
-
-
total
2 594
3 410
-
-
Income
179 500
179 500
179 500
179 500
Total tax
145 757
164 960
81 585
56 836
After tax
33 743
14 540
97 915
122 664
Living cost
22 682
22 682
22 682
22 682
Free-cash
11 061
-8 142
75 233
99 982

Estimated living cost  is ₽22682 per week

₽16646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124640
₽116376
₽95740
₽133982
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
179 500
income
-
-
-
29 810
unemployment
-
-
-
1 801
work injury
-
-
-
750
health insurance
-
-
-
11 106
pensions
-
-
-
27 616
total
-
-
-
71 083
Employee

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

20 283
-
179 500
-
health insurance
1 501
-
5 553
-
unemployment
243
-
901
-
work injury
101
-
375
-
pensions
3 732
-
13 808
-
income
2 028
-
29 810
-
total
7 605
-
50 447
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
159 217
179 500
-
-
income

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

1 592
17 950
-
-
total
1 592
17 950
-
-
Dividends
157 625
161 550
-
-
withholding
23 644
24 233
-
-
total
23 644
24 233
-
-
Income
179 500
179 500
179 500
179 500
Total tax
32 841
42 183
50 447
71 083
After tax
146 659
137 317
129 053
108 417
Living cost
12 677
12 677
12 677
12 677
Free-cash
133 982
124 640
116 376
95 740

Estimated living cost  is ₽12677 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57169
₽37571
₽45449
₽52900
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
179 500
social contributions
-
-
-
46 168
regional
-
-
-
4 127
municipal
-
-
-
1 200
national
-
-
-
45 176
total
-
-
-
96 671
Employee
79 067
-
179 500
-
municipal
472
-
1 070
-
national
13 362
-
39 287
-
regional
1 194
-
3 664
-
social contributions
26 661
-
60 528
-
total
41 689
-
104 549
-
Employer
79 067
-
179 500
-
total
-
-
-
-
Corporate
100 433
179 500
-
-
municipal
4 841
8 652
-
-
nationa
24 104
43 080
-
-
total
28 945
51 732
-
-
Dividends
71 487
127 768
-
-
withholding
18 586
33 219
-
-
total
18 586
33 219
-
-
Income
179 500
179 500
179 500
179 500
Total tax
89 220
84 951
104 549
96 671
After tax
90 280
94 549
74 951
82 829
Living cost
37 380
37 380
37 380
37 380
Free-cash
52 900
57 169
37 571
45 449

Estimated living cost  is ₽37380 per week

₽26257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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