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
₽ 181500
per

Your estimated
City
free-cash

Dresden , Germany
₽60761
₽72002
₽63154
₽84300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
181 500
trade
-
-
-
21 146
income

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

-
-
-
56 384
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.

-
-
-
6 941
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.

-
-
-
3 100
total
-
-
-
87 571
Employee

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

38 861
-
181 500
-
health

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

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

6 941
-
6 941
-
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.

60
-
3 100
-
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.

1 086
-
56 384
-
total
8 087
-
66 425
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
142 639
181 500
-
-
surtax

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

1 176
1 498
-
-
income
21 396
27 225
-
-
trade
22 466
28 586
-
-
chamber of commerce
359
415
-
-
total
45 397
57 724
-
-
Dividends
97 241
123 776
-
-
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.

1 315
1 681
-
-
withholding
23 924
30 559
-
-
total
25 239
32 240
-
-
Income
181 500
181 500
181 500
181 500
Total tax
78 723
89 964
66 425
87 571
After tax
102 777
91 536
115 075
93 929
Living cost
30 775
30 775
30 775
30 775
Free-cash
72 002
60 761
84 300
63 154

Estimated living cost  is ₽30775 per week

₽19358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61988
₽61136
₽55460
₽56435
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
municipal
-
-
-
19 907
pensions
-
-
-
21 780
national
-
-
-
31 134
social contributions
-
-
-
1 951
total
-
-
-
74 772
Employee
79 474
-
156 905
-
municipal
9 816
-
20 610
-
pensions
3 179
-
6 276
-
national
15 211
-
32 672
-
total
28 206
-
59 558
-
Employer
79 474
-
156 905
-
social contributions
854
-
1 687
-
pensions
6 358
-
12 552
-
total
7 212
-
14 239
-
Corporate
89 568
181 500
-
-
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%.

17 914
36 300
-
-
total
17 914
36 300
-
-
Dividends
71 654
145 200
-
-
withholding
15 764
31 944
-
-
total
15 764
31 944
-
-
Income
181 500
181 500
181 500
181 500
Total tax
69 096
68 244
73 797
74 772
After tax
112 404
113 256
107 703
106 728
Living cost
51 268
51 268
51 268
51 268
Free-cash
61 136
61 988
56 435
55 460

Estimated living cost  is ₽51268 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124061
₽115729
₽41711
₽55297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
181 500
microenterprise
-
-
-
-
income
-
-
-
33 439
surtax
-
-
-
46 283
social contributions

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

-
-
-
38 929
total
-
-
-
118 651
Employee
29 689
-
137 234
-
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.

3 266
-
13 319
-
surtax
-
-
19 898
-
income
5 285
-
27 582
-
total
8 551
-
60 799
-
Employer
29 689
-
137 234
-
social contributions

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

7 151
-
29 171
-
surtax
-
-
15 095
-
total
7 151
-
44 266
-
Corporate
144 659
181 500
-
-
income

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

28 931
36 301
-
-
total
28 931
36 301
-
-
Dividends

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

115 728
145 199
-
-
total
-
-
-
-
Income
181 500
181 500
181 500
181 500
Total tax
44 633
36 301
105 065
118 651
After tax
136 867
145 199
76 435
62 849
Living cost
21 138
21 138
21 138
21 138
Free-cash
115 729
124 061
55 297
41 711

Estimated living cost  is ₽21138 per week

₽13485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47334
₽41108
₽57465
₽71108
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
income
-
-
-
57 039
pensions
-
-
-
11 904
health
-
-
-
12 529
total
-
-
-
81 472
Employee
86 765
86 765
162 618
-
health
13 318
11 328
12 529
-
income

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

14 202
14 202
24 514
-
pensions
15 618
11 904
11 904
-
total
43 138
37 434
48 947
-
Employer
86 765
86 765
162 618
-
unemployment
3 124
3 124
3 881
-
pensions
6 039
6 039
7 506
-
health
6 031
6 031
7 495
-
total
15 194
15 194
18 882
-
Corporate
80 605
79 541
-
-
income
16 121
15 909
-
-
total
16 121
15 909
-
-
Dividends
64 484
63 632
-
-
income
13 703
13 522
-
-
withholding
9 673
9 544
-
-
total
23 376
23 066
-
-
Income
181 500
181 500
181 500
181 500
Total tax
97 829
91 603
67 829
81 472
After tax
83 671
89 897
113 671
100 028
Living cost
42 563
42 563
42 563
42 563
Free-cash
41 108
47 334
71 108
57 465

Estimated living cost  is ₽42563 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59946
₽59066
₽53512
₽52563
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
municipal
-
-
-
46 710
accident
-
-
-
172
pensions
-
-
-
9 276
other
-
-
-
9 971
unemployment
-
-
-
86
health
-
-
-
5 354
national
-
-
-
17 266
total
-
-
-
88 835
Employee
55 789
-
154 539
-
municipal
16 636
-
46 083
-
national
-
-
16 740
-
total
16 636
-
62 823
-
Employer
55 789
-
154 539
-
accident
112
-
172
-
other
6 483
-
9 971
-
unemployment
1 473
-
2 265
-
pensions
6 031
-
9 276
-
health
3 431
-
5 277
-
total
17 530
-
26 961
-
Corporate
108 182
181 500
-
-
income
23 800
39 930
-
-
total
23 800
39 930
-
-
Dividends
84 382
141 570
-
-
withholding
25 315
42 471
-
-
total
25 315
42 471
-
-
Income
181 500
181 500
181 500
181 500
Total tax
83 281
82 401
89 784
88 835
After tax
98 219
99 099
91 716
92 665
Living cost
39 153
39 153
39 153
39 153
Free-cash
59 066
59 946
52 563
53 512

Estimated living cost  is ₽39153 per week

₽25949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50688
₽64967
₽53074
₽75161
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
181 500
trade
-
-
-
22 087
income

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

-
-
-
56 384
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.

-
-
-
6 941
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.

-
-
-
3 100
total
-
-
-
88 512
Employee

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

51 525
-
181 500
-
health

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

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

6 941
-
6 941
-
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.

243
-
3 100
-
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.

4 427
-
56 384
-
total
11 611
-
66 425
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
129 975
181 500
-
-
surtax

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

1 072
1 498
-
-
income
19 497
27 225
-
-
trade
21 381
29 857
-
-
chamber of commerce
339
413
-
-
total
42 289
58 993
-
-
Dividends
87 685
122 507
-
-
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
1 664
-
-
withholding
21 535
30 241
-
-
total
22 719
31 905
-
-
Income
181 500
181 500
181 500
181 500
Total tax
76 619
90 898
66 425
88 512
After tax
104 881
90 602
115 075
92 988
Living cost
39 914
39 914
39 914
39 914
Free-cash
64 967
50 688
75 161
53 074

Estimated living cost  is ₽39914 per week

₽26695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99445
₽95230
₽90976
₽89384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
income
-
-
-
36 503
health
-
-
-
4 627
social contributions
-
-
-
16 439
total
-
-
-
57 569
Employee
78 128
78 128
169 617
-
social contributions
3 796
6 484
8 746
-
health
777
1 328
2 883
-
income
8 204
7 232
35 649
-
total
12 777
15 044
47 278
-
Employer
78 128
78 128
169 617
-
social contributions
3 796
6 484
8 746
-
health
846
1 446
3 137
-
total
4 642
7 930
11 883
-
Corporate
131 124
95 441
-
-
income
16 391
11 929
-
-
total
16 391
11 929
-
-
Dividends
114 733
83 512
-
-
withholding
19 505
14 197
-
-
total
19 505
14 197
-
-
Income
181 500
181 500
181 500
181 500
Total tax
53 315
49 100
59 161
57 569
After tax
128 185
132 400
122 339
123 931
Living cost
32 955
32 955
32 955
32 955
Free-cash
95 230
99 445
89 384
90 976

Estimated living cost  is ₽32955 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83546
₽83928
₽107330
₽86813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
income
-
-
-
22 188
pensions
-
-
-
18 150
unemployment
-
-
-
2 723
health
-
-
-
12 705
total
-
-
-
55 766
Employee

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

The minimum wage is 138,000 HUF per month.

26 567
10 573
151 883
-
health
1 860
740
10 632
-
income
3 248
1 293
18 568
-
pensions
2 657
1 057
15 188
-
unemployment
399
159
2 278
-
total
8 164
3 249
46 666
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 567
10 573
151 883
-
pensions
5 181
2 062
29 617
-
total
5 181
2 062
29 617
-
Corporate
149 753
168 865
-
-
income
13 478
15 198
-
-
total
13 478
15 198
-
-
Dividends
136 275
153 667
-
-
social contributions
26 453
29 844
-
-
withholding
25 892
29 197
-
-
total
52 345
59 041
-
-
Income
181 500
181 500
181 500
181 500
Total tax
79 168
79 550
76 283
55 766
After tax
102 332
101 950
105 217
125 734
Living cost
18 404
18 404
18 404
18 404
Free-cash
83 928
83 546
86 813
107 330

Estimated living cost  is ₽18404 per week

₽12559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120658
₽114348
₽72745
₽80072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
income
-
-
-
24 321
pensions
-
-
-
36 299
health
-
-
-
23 594
total
-
-
-
84 214
Employee
28 823
-
135 649
-
income
3 245
-
26 153
-
pensions
577
-
2 713
-
unemployment
461
-
2 171
-
total
4 283
-
31 037
-
Employer
28 823
-
135 649
-
unemployment
231
-
1 086
-
pensions
5 765
-
27 129
-
health
3 746
-
17 635
-
total
9 742
-
45 850
-
Corporate
142 934
181 500
-
-
income
28 586
36 301
-
-
total
28 586
36 301
-
-
Dividends
114 347
145 199
-
-
total
-
-
-
-
Income
181 500
181 500
181 500
181 500
Total tax
42 611
36 301
76 887
84 214
After tax
138 889
145 199
104 613
97 286
Living cost
24 541
24 541
24 541
24 541
Free-cash
114 348
120 658
80 072
72 745

Estimated living cost  is ₽24541 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽7492
₽11298
₽101867
₽76528
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
accident
-
-
-
255
income
-
-
-
50 414
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
57 440
Employee
34 910
-
163 644
-
health
3 997
-
18 737
-
income
4 789
-
38 490
-
pensions
3 931
-
7 696
-
total
12 717
-
64 923
-
Employer
34 910
-
163 644
-
accident
583
-
2 733
-
unemployment
855
-
4 009
-
pensions
5 677
-
11 114
-
total
7 115
-
17 856
-
Corporate
139 475
181 500
-
-
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.

125 527
163 350
-
-
total
125 527
163 350
-
-
Dividends
13 948
18 150
-
-
withholding
2 650
3 449
-
-
total
2 650
3 449
-
-
Income
181 500
181 500
181 500
181 500
Total tax
148 009
166 799
82 779
57 440
After tax
33 491
14 701
98 721
124 060
Living cost
22 193
22 193
22 193
22 193
Free-cash
11 298
-7 492
76 528
101 867

Estimated living cost  is ₽22193 per week

₽16265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163164
₽161428
₽170424
₽135939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
181 500
microenterprise

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

-
-
-
1 815
total
-
-
-
1 815
Employee
11 576
-
181 500
-
income
2 315
-
36 300
-
total
2 315
-
36 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

169 924
181 500
-
-
total
-
-
-
-
Dividends
169 924
181 500
-
-
withholding
8 496
9 075
-
-
total
8 496
9 075
-
-
Income
181 500
181 500
181 500
181 500
Total tax
10 811
9 075
36 300
1 815
After tax
170 689
172 425
145 200
179 685
Living cost
9 261
9 261
9 261
9 261
Free-cash
161 428
163 164
135 939
170 424

Estimated living cost  is ₽9261 per week

₽5739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106274
₽99414
₽74938
₽75731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
income
-
-
-
28 270
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.

-
-
-
37 082
other
-
-
-
7 338
health
-
-
-
6 799
total
-
-
-
79 489
Employee
36 891
-
144 968
-
health
517
-
2 030
-
income
6 351
-
28 536
-
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.

2 582
-
10 148
-
unemployment
368
-
1 450
-
total
9 818
-
42 164
-
Employer
36 891
-
144 968
-
accident
295
-
1 159
-
other
1 845
-
7 248
-
unemployment
368
-
1 450
-
pensions

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

6 272
-
24 645
-
health
517
-
2 030
-
total
9 297
-
36 532
-
Corporate
135 311
181 500
-
-
income
28 415
38 115
-
-
total
28 415
38 115
-
-
Dividends
106 897
143 385
-
-
withholding
7 483
10 038
-
-
total
7 483
10 038
-
-
Income
181 500
181 500
181 500
181 500
Total tax
55 013
48 153
78 696
79 489
After tax
126 487
133 347
102 804
102 011
Living cost
27 073
27 073
27 073
27 073
Free-cash
99 414
106 274
75 731
74 938

Estimated living cost  is ₽27073 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
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.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50256
₽53530
₽51848
₽35428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
income
-
-
-
52 013
pensions
-
-
-
9 230
total
-
-
-
61 243
Employee
96 788
-
158 538
-
health
1 595
-
2 294
-
income
17 447
-
41 064
-
pensions
9 337
-
11 343
-
total
28 379
-
54 701
-
Employer
96 788
-
158 538
-
pensions
11 428
-
19 950
-
health
1 838
-
3 012
-
total
13 266
-
22 962
-
Corporate
71 446
181 500
-
-
income

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

13 575
34 484
-
-
total
13 575
34 484
-
-
Dividends
57 871
147 016
-
-
withholding
4 341
28 351
-
-
total
4 341
28 351
-
-
Income
181 500
181 500
181 500
181 500
Total tax
59 561
62 835
77 663
61 243
After tax
121 939
118 665
103 837
120 257
Living cost
68 409
68 409
68 409
68 409
Free-cash
53 530
50 256
35 428
51 848

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽141861
₽137141
₽131476
₽138623
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
income
-
-
-
27 225
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
36 702
Employee
17 641
-
174 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
17 453
-
pensions

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

1 549
-
3 116
-
total
4 318
-
22 592
-
Employer
17 641
-
174 537
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
160 398
181 500
-
-
income
16 040
18 150
-
-
total
16 040
18 150
-
-
Dividends
144 358
163 350
-
-
withholding
7 218
8 167
-
-
total
7 218
8 167
-
-
Income
181 500
181 500
181 500
181 500
Total tax
31 037
26 317
29 555
36 702
After tax
150 463
155 183
151 945
144 798
Living cost
13 322
13 322
13 322
13 322
Free-cash
137 141
141 861
138 623
131 476

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33556
₽36111
₽43687
₽57330
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
income
-
-
-
57 039
pensions
-
-
-
11 904
health
-
-
-
12 529
total
-
-
-
81 472
Employee
94 199
86 765
162 618
-
health
11 752
11 328
12 529
-
income

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

14 202
14 202
24 514
-
pensions
11 904
11 904
11 904
-
total
37 858
37 434
48 947
-
Employer
94 199
86 765
162 618
-
unemployment
3 392
3 124
3 881
-
pensions
6 556
6 039
7 506
-
health
6 546
6 031
7 495
-
total
16 494
15 194
18 882
-
Corporate
70 807
79 541
-
-
income
14 162
15 909
-
-
total
14 162
15 909
-
-
Dividends
56 645
63 632
-
-
income
12 037
13 522
-
-
withholding
8 497
9 544
-
-
total
20 534
23 066
-
-
Income
181 500
181 500
181 500
181 500
Total tax
89 048
91 603
67 829
81 472
After tax
92 452
89 897
113 671
100 028
Living cost
56 341
56 341
56 341
56 341
Free-cash
36 111
33 556
57 330
43 687

Estimated living cost  is ₽56341 per week

₽41561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100689
₽92028
₽79314
₽71374
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
income
-
-
-
18 310
health
-
-
-
24 502
solidarity contribution
-
-
-
171
social contributions
-
-
-
34 929
total
-
-
-
77 912
Employee
35 697
-
139 078
-
social contributions
2 320
-
7 775
-
health
4 819
-
18 776
-
solidarity contribution
-
-
-
-
income
4 284
-
16 879
-
total
11 423
-
43 430
-
Employer
35 697
-
139 078
-
social contributions
8 924
-
29 905
-
health
3 213
-
12 517
-
total
12 137
-
42 422
-
Corporate
133 666
181 500
-
-
income
25 397
34 485
-
-
total
25 397
34 485
-
-
Dividends
108 270
147 015
-
-
withholding
16 241
22 052
-
-
total
16 241
22 052
-
-
Income
181 500
181 500
181 500
181 500
Total tax
65 198
56 537
85 852
77 912
After tax
116 302
124 963
95 648
103 588
Living cost
24 274
24 274
24 274
24 274
Free-cash
92 028
100 689
71 374
79 314

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
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.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53965
₽48659
₽43723
₽35525
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
municipal
-
-
-
1 078
regional
-
-
-
2 145
national
-
-
-
44 999
social contributions
-
-
-
46 682
total
-
-
-
94 904
Employee
90 299
-
181 500
-
social contributions
30 449
-
61 202
-
regional
852
-
1 894
-
municipal
478
-
962
-
national
15 647
-
39 044
-
total
47 426
-
103 102
-
Employer
90 299
-
181 500
-
total
-
-
-
-
Corporate
91 201
181 500
-
-
nationa
21 888
43 560
-
-
municipal
3 557
7 078
-
-
total
25 445
50 638
-
-
Dividends
65 755
130 862
-
-
withholding
17 097
34 024
-
-
total
17 097
34 024
-
-
Income
181 500
181 500
181 500
181 500
Total tax
89 968
84 662
103 102
94 904
After tax
91 532
96 838
78 398
86 596
Living cost
42 873
42 873
42 873
42 873
Free-cash
48 659
53 965
35 525
43 723

Estimated living cost  is ₽42873 per week

₽29886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91742
₽88583
₽63434
₽57221
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
income
-
-
-
50 766
pensions
-
-
-
27 121
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
7 900
total
-
-
-
95 645
Employee
33 600
-
152 956
-
other
-
-
-
-
health
858
-
3 457
-
surtax
110
-
6 685
-
income
5 632
-
44 690
-
pensions
2 240
-
9 045
-
unemployment
2 339
-
9 438
-
total
11 179
-
73 315
-
Employer
33 600
-
152 956
-
other
-
-
-
-
unemployment
1 064
-
4 298
-
pensions
4 479
-
18 076
-
health
1 529
-
6 170
-
total
7 072
-
28 544
-
Corporate
140 828
181 500
-
-
income
36 615
47 191
-
-
total
36 615
47 191
-
-
Dividends
104 213
134 309
-
-
withholding
15 631
20 147
-
-
total
15 631
20 147
-
-
Income
181 500
181 500
181 500
181 500
Total tax
70 497
67 338
101 859
95 645
After tax
111 003
114 162
79 641
85 855
Living cost
22 420
22 420
22 420
22 420
Free-cash
88 583
91 742
57 221
63 434

Estimated living cost  is ₽22420 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71930
₽78687
₽73522
₽57102
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
income
-
-
-
52 013
pensions
-
-
-
9 230
total
-
-
-
61 243
Employee
64 865
-
158 538
-
health
942
-
2 294
-
income
11 682
-
41 064
-
pensions
5 506
-
11 343
-
total
18 130
-
54 701
-
Employer
64 865
-
158 538
-
pensions
7 022
-
19 950
-
health
1 232
-
3 012
-
total
8 254
-
22 962
-
Corporate
108 381
181 500
-
-
income

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

20 592
34 484
-
-
total
20 592
34 484
-
-
Dividends
87 789
147 016
-
-
withholding
9 102
28 351
-
-
total
9 102
28 351
-
-
Income
181 500
181 500
181 500
181 500
Total tax
56 078
62 835
77 663
61 243
After tax
125 422
118 665
103 837
120 257
Living cost
46 735
46 735
46 735
46 735
Free-cash
78 687
71 930
57 102
73 522

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽5380
₽38589
₽68972
₽60752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
city
-
-
-
1 914
pensions
-
-
-
16 699
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.

-
-
-
3 630
regional
-
-
-
9 078
health
-
-
-
409
national
-
-
-
3 183
total
-
-
-
34 913
Employee
90 829
-
162 455
-
city
975
-
1 744
-
regional
2 974
-
7 808
-
health
205
-
365
-
pensions
7 631
-
13 645
-
unemployment
-
-
-
-
national
430
-
2 312
-
total
12 215
-
25 874
-
Employer
90 829
-
162 455
-
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.

1 816
-
3 249
-
unemployment
-
-
-
-
pensions
7 631
-
13 645
-
health
205
-
365
-
total
9 652
-
17 259
-
Corporate
80 020
181 500
-
-
regional
16 924
38 387
-
-
national
6 802
15 427
-
-
total
23 726
53 814
-
-
Dividends
56 294
127 685
-
-
withholding
19 703
44 691
-
-
total
19 703
44 691
-
-
Income
181 500
181 500
181 500
181 500
Total tax
65 296
98 505
43 133
34 913
After tax
116 204
82 995
138 367
146 587
Living cost
77 615
77 615
77 615
77 615
Free-cash
38 589
5 380
60 752
68 972

Estimated living cost  is ₽77615 per week

₽50472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽43124
₽59603
₽45504
₽68530
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
181 500
trade
-
-
-
23 026
income

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

-
-
-
56 384
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.

-
-
-
6 941
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.

-
-
-
3 100
total
-
-
-
89 451
Employee

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

61 062
-
181 500
-
health

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

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

6 941
-
6 941
-
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.

395
-
3 100
-
income

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

7 180
-
56 384
-
total
14 516
-
66 425
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
120 438
181 500
-
-
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.

993
1 498
-
-
income
18 066
27 225
-
-
trade
20 656
31 128
-
-
chamber of commerce
324
409
-
-
total
40 039
60 260
-
-
Dividends
80 399
121 240
-
-
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.

1 084
1 647
-
-
withholding
19 713
29 924
-
-
total
20 797
31 571
-
-
Income
181 500
181 500
181 500
181 500
Total tax
75 352
91 831
66 425
89 451
After tax
106 148
89 669
115 075
92 049
Living cost
46 545
46 545
46 545
46 545
Free-cash
59 603
43 124
68 530
45 504

Estimated living cost  is ₽46545 per week

₽33995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56716
₽62716
₽67479
₽64683
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
income
-
-
-
28 586
pensions
-
-
-
32 123
other
-
-
-
5 626
health
-
-
-
7 753
surtax
-
-
-
-
social contributions
-
-
-
5 171
total
-
-
-
79 259
Employee
43 485
-
140 497
-
social contributions
1 240
-
4 003
-
surtax
-
-
-
-
income
2 566
-
27 300
-
pensions
4 917
-
9 754
-
total
8 723
-
41 057
-
Employer
43 485
-
140 497
-
other
1 500
-
5 475
-
social contributions
131
-
422
-
unemployment
1 760
-
5 690
-
pensions
7 144
-
16 426
-
health
3 045
-
12 985
-
total
13 580
-
40 998
-
Corporate
124 435
181 500
-
-
surtax
-
-
-
-
income
34 841
50 820
-
-
total
34 841
50 820
-
-
Dividends
89 594
130 680
-
-
surtax
-
-
-
-
social contributions
15 410
22 476
-
-
withholding
11 468
16 726
-
-
total
26 878
39 202
-
-
Income
181 500
181 500
181 500
181 500
Total tax
84 022
90 022
82 055
79 259
After tax
97 478
91 478
99 445
102 241
Living cost
34 762
34 762
34 762
34 762
Free-cash
62 716
56 716
64 683
67 479

Estimated living cost  is ₽34762 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60160
₽65803
₽70923
₽68127
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
income
-
-
-
28 586
pensions
-
-
-
32 123
other
-
-
-
5 626
health
-
-
-
7 753
surtax
-
-
-
-
social contributions
-
-
-
5 171
total
-
-
-
79 259
Employee
38 816
-
140 497
-
social contributions
1 107
-
4 003
-
surtax
-
-
-
-
income
2 001
-
27 300
-
pensions
4 390
-
9 754
-
total
7 498
-
41 057
-
Employer
38 816
-
140 497
-
other
1 340
-
5 475
-
social contributions
116
-
422
-
unemployment
1 571
-
5 690
-
pensions
6 378
-
16 426
-
health
2 717
-
12 985
-
total
12 122
-
40 998
-
Corporate
130 562
181 500
-
-
surtax
-
-
-
-
income
36 557
50 820
-
-
total
36 557
50 820
-
-
Dividends
94 004
130 680
-
-
surtax
-
-
-
-
social contributions
16 169
22 476
-
-
withholding
12 033
16 726
-
-
total
28 202
39 202
-
-
Income
181 500
181 500
181 500
181 500
Total tax
84 379
90 022
82 055
79 259
After tax
97 121
91 478
99 445
102 241
Living cost
31 318
31 318
31 318
31 318
Free-cash
65 803
60 160
68 127
70 923

Estimated living cost  is ₽31318 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89185
₽89713
₽95016
₽91198
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
income
-
-
-
27 225
health
-
-
-
12 668
social contributions
-
-
-
25 046
total
-
-
-
64 939
Employee
34 450
-
181 500
-
social contributions
4 755
-
25 046
-
health
2 404
-
12 668
-
income
5 746
-
31 043
-
total
12 905
-
68 757
-
Employer
34 450
-
181 500
-
total
-
-
-
-
Corporate
147 050
181 500
-
-
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%.

7 352
9 076
-
-
total
7 352
9 076
-
-
Dividends
139 698
172 424
-
-
health
9 751
12 035
-
-
social contributions
19 279
23 795
-
-
withholding
20 955
25 864
-
-
total
49 985
61 694
-
-
Income
181 500
181 500
181 500
181 500
Total tax
70 242
70 770
68 757
64 939
After tax
111 258
110 730
112 743
116 561
Living cost
21 545
21 545
21 545
21 545
Free-cash
89 713
89 185
91 198
95 016

Estimated living cost  is ₽21545 per week

₽14418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64597
₽63028
₽57359
₽12278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
chamber of commerce
-
-
-
727
income
-
-
-
50 141
pensions
-
-
-
21 959
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
201
total
-
-
-
88 340
Employee
50 777
40 491
145 205
-
other
507
405
1 188
-
health
1 965
1 568
4 593
-
income
5 781
2 987
40 292
-
pensions
5 200
4 145
12 155
-
unemployment
1 523
1 215
3 561
-
total
14 976
10 320
61 789
-
Employer
50 777
40 491
145 205
-
accident
659
526
1 542
-
other
2 412
1 922
6 671
-
chamber of commerce
202
162
580
-
unemployment
1 523
1 215
3 561
-
surtax
201
201
201
-
pensions
6 372
5 083
14 897
-
payroll
1 523
1 215
4 356
-
health
1 918
1 531
4 487
-
total
14 810
11 855
36 295
-
Corporate
115 911
129 155
141 349
-
income

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

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

28 978
32 288
35 337
-
total
28 978
32 288
35 337
-
Dividends
86 933
96 867
-
-
withholding
23 907
26 639
-
-
total
23 907
26 639
-
-
Income
181 500
181 500
181 500
181 500
Total tax
82 671
81 102
133 421
88 340
After tax
98 829
100 398
48 079
93 160
Living cost
35 801
35 801
35 801
35 801
Free-cash
63 028
64 597
12 278
57 359

Estimated living cost  is ₽35801 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64454
₽49218
₽41657
₽26711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
national
-
-
-
68 095
communal

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

-
-
-
9 371
social contributions
-
-
-
25 331
total
-
-
-
102 797
Employee

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

72 678
-
140 578
-
communal

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

3 791
-
7 333
-
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.

3 415
-
6 606
-
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.

5 451
-
10 543
-
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.

632
-
1 222
-
national
22 344
-
51 115
-
total
35 633
-
76 819
-
Employer

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

72 678
-
140 578
-
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.

945
-
1 828
-
unemployment

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

1 060
-
2 052
-
surtax
8 241
-
15 942
-
pensions

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

6 440
-
12 456
-
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.

4 469
-
8 646
-
total
21 155
-
40 924
-
Corporate
87 667
181 500
-
-
surtax
351
727
-
-
income
17 534
36 301
-
-
total
17 885
37 028
-
-
Dividends
69 782
144 472
-
-
withholding

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

20 563
42 972
-
-
total
20 563
42 972
-
-
Income
181 500
181 500
181 500
181 500
Total tax
95 236
80 000
117 743
102 797
After tax
86 264
101 500
63 757
78 703
Living cost
37 046
37 046
37 046
37 046
Free-cash
49 218
64 454
26 711
41 657

Estimated living cost  is ₽37046 per week

₽23862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84258
₽77299
₽65138
₽60874
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
accident
-
-
-
848
income
-
-
-
51 418
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
79 669
Employee
50 576
-
151 477
-
other
50
-
94
-
income
10 671
-
47 930
-
pensions
2 377
-
4 427
-
unemployment
785
-
1 460
-
total
13 883
-
53 911
-
Employer
50 576
-
151 477
-
accident
1 001
-
1 864
-
other
403
-
754
-
unemployment
2 782
-
5 179
-
pensions
11 935
-
22 225
-
total
16 121
-
30 022
-
Corporate
114 803
181 500
-
-
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.

17 220
27 225
-
-
total
17 220
27 225
-
-
Dividends
97 583
154 275
-
-
withholding
20 284
33 324
-
-
total
20 284
33 324
-
-
Income
181 500
181 500
181 500
181 500
Total tax
67 508
60 549
83 933
79 669
After tax
113 992
120 951
97 567
101 831
Living cost
36 693
36 693
36 693
36 693
Free-cash
77 299
84 258
60 874
65 138

Estimated living cost  is ₽36693 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50788
₽37723
₽34235
₽41472
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
accident
-
-
-
1 531
income
-
-
-
30 092
pensions
-
-
-
27 204
health
-
-
-
12 753
surtax
-
-
-
8 999
communal
-
-
-
11 470
total
-
-
-
92 049
Employee
76 944
-
162 126
-
health
3 424
-
7 213
-
surtax
4 716
-
9 936
-
income
7 432
-
35 319
-
pensions
6 155
-
12 970
-
total
21 727
-
65 438
-
Employer
76 944
-
162 126
-
accident
692
-
1 460
-
pensions
6 155
-
12 970
-
health
2 347
-
4 944
-
total
9 194
-
19 374
-
Corporate
95 363
181 500
-
-
surtax
1 001
1 905
-
-
communal
6 436
12 251
-
-
income
14 305
27 225
-
-
total
21 742
41 381
-
-
Dividends
73 622
140 119
-
-
income
24 856
13 097
-
-
withholding
11 042
21 018
-
-
total
35 898
34 115
-
-
Income
181 500
181 500
181 500
181 500
Total tax
88 561
75 496
84 812
92 049
After tax
92 939
106 004
96 688
89 451
Living cost
55 216
55 216
55 216
55 216
Free-cash
37 723
50 788
41 472
34 235

Estimated living cost  is ₽55216 per week

₽41420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91341
₽88113
₽63034
₽56820
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
income
-
-
-
50 766
pensions
-
-
-
27 121
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
7 900
total
-
-
-
95 645
Employee
34 217
-
152 956
-
other
-
-
-
-
health
873
-
3 457
-
surtax
121
-
6 685
-
income
5 736
-
44 690
-
pensions
2 283
-
9 045
-
unemployment
2 381
-
9 438
-
total
11 394
-
73 315
-
Employer
34 217
-
152 956
-
other
-
-
-
-
unemployment
1 086
-
4 298
-
pensions
4 562
-
18 076
-
health
1 556
-
6 170
-
total
7 204
-
28 544
-
Corporate
140 080
181 500
-
-
income
36 420
47 191
-
-
total
36 420
47 191
-
-
Dividends
103 660
134 309
-
-
withholding
15 548
20 147
-
-
total
15 548
20 147
-
-
Income
181 500
181 500
181 500
181 500
Total tax
70 566
67 338
101 859
95 645
After tax
110 934
114 162
79 641
85 855
Living cost
22 821
22 821
22 821
22 821
Free-cash
88 113
91 341
56 820
63 034

Estimated living cost  is ₽22821 per week

₽13778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽68032
₽65776
₽58634
₽50480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
municipal
-
-
-
1 078
regional
-
-
-
2 737
national
-
-
-
44 999
social contributions
-
-
-
46 682
total
-
-
-
95 496
Employee
56 361
-
181 500
-
social contributions
19 005
-
61 202
-
regional
759
-
2 442
-
municipal
299
-
962
-
national
8 929
-
39 044
-
total
28 992
-
103 650
-
Employer
56 361
-
181 500
-
total
-
-
-
-
Corporate
125 139
181 500
-
-
nationa
30 032
43 560
-
-
municipal
6 220
9 020
-
-
total
36 252
52 580
-
-
Dividends
88 886
128 920
-
-
withholding
23 110
33 518
-
-
total
23 110
33 518
-
-
Income
181 500
181 500
181 500
181 500
Total tax
88 354
86 098
103 650
95 496
After tax
93 146
95 402
77 850
86 004
Living cost
27 370
27 370
27 370
27 370
Free-cash
65 776
68 032
50 480
58 634

Estimated living cost  is ₽27370 per week

₽17021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
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.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95051
₽84380
₽73676
₽65736
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
income
-
-
-
18 310
health
-
-
-
24 502
solidarity contribution
-
-
-
171
social contributions
-
-
-
34 929
total
-
-
-
77 912
Employee
43 988
-
139 078
-
social contributions
2 859
-
7 775
-
health
5 938
-
18 776
-
solidarity contribution
-
-
-
-
income
5 278
-
16 879
-
total
14 075
-
43 430
-
Employer
43 988
-
139 078
-
social contributions
10 997
-
29 905
-
health
3 959
-
12 517
-
total
14 956
-
42 422
-
Corporate
122 557
181 500
-
-
income
23 286
34 485
-
-
total
23 286
34 485
-
-
Dividends
99 271
147 015
-
-
withholding
14 891
22 052
-
-
total
14 891
22 052
-
-
Income
181 500
181 500
181 500
181 500
Total tax
67 208
56 537
85 852
77 912
After tax
114 292
124 963
95 648
103 588
Living cost
29 912
29 912
29 912
29 912
Free-cash
84 380
95 051
65 736
73 676

Estimated living cost  is ₽29912 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68094
₽67593
₽60946
₽15715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
chamber of commerce
-
-
-
727
income
-
-
-
50 141
pensions
-
-
-
21 959
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
-
total
-
-
-
88 139
Employee
44 414
40 491
145 390
-
other
443
405
1 188
-
health
1 718
1 568
4 593
-
income
3 957
2 987
40 381
-
pensions
4 548
4 145
12 155
-
unemployment
1 332
1 215
3 561
-
total
11 998
10 320
61 878
-
Employer
44 414
40 491
145 390
-
accident
577
526
1 542
-
other
2 109
1 922
6 679
-
chamber of commerce
177
162
582
-
unemployment
1 332
1 215
3 561
-
surtax
-
-
-
-
pensions
5 574
5 083
14 897
-
payroll
1 332
1 215
4 361
-
health
1 679
1 531
4 487
-
total
12 780
11 654
36 109
-
Corporate
124 305
129 356
141 534
-
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.

31 076
32 338
35 383
-
total
31 076
32 338
35 383
-
Dividends
93 229
97 017
-
-
withholding
25 638
26 679
-
-
total
25 638
26 679
-
-
Income
181 500
181 500
181 500
181 500
Total tax
81 492
80 991
133 370
88 139
After tax
100 008
100 509
48 130
93 361
Living cost
32 415
32 415
32 415
32 415
Free-cash
67 593
68 094
15 715
60 946

Estimated living cost  is ₽32415 per week

₽19445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157993
₽155287
₽165253
₽130768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
181 500
microenterprise

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

-
-
-
1 815
total
-
-
-
1 815
Employee
18 040
-
181 500
-
income
3 608
-
36 300
-
total
3 608
-
36 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

163 460
181 500
-
-
total
-
-
-
-
Dividends
163 460
181 500
-
-
withholding
8 173
9 075
-
-
total
8 173
9 075
-
-
Income
181 500
181 500
181 500
181 500
Total tax
11 781
9 075
36 300
1 815
After tax
169 719
172 425
145 200
179 685
Living cost
14 432
14 432
14 432
14 432
Free-cash
155 287
157 993
130 768
165 253

Estimated living cost  is ₽14432 per week

₽9766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97712
₽89212
₽61267
₽56460
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
181 500
income
-
-
-
41 705
pensions
-
-
-
33 146
unemployment
-
-
-
272
health
-
-
-
17 858
total
-
-
-
92 981
Employee

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

44 929
-
157 048
-
health
2 902
-
10 144
-
income
7 748
-
38 631
-
pensions
6 964
-
24 343
-
unemployment
64
-
220
-
total
17 678
-
73 338
-
Employer

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

44 929
-
157 048
-
unemployment
27
-
94
-
pensions
3 976
-
13 898
-
health
2 992
-
10 458
-
total
6 995
-
24 450
-
Corporate
129 575
181 500
-
-
income
24 620
34 484
-
-
total
24 620
34 484
-
-
Dividends
104 955
147 016
-
-
withholding
15 743
22 052
-
-
total
15 743
22 052
-
-
Income
181 500
181 500
181 500
181 500
Total tax
65 036
56 536
97 788
92 981
After tax
116 464
124 964
83 712
88 519
Living cost
27 252
27 252
27 252
27 252
Free-cash
89 212
97 712
56 460
61 267

Estimated living cost  is ₽27252 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66525
₽18129
₽81531
₽124215
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
income
-
-
-
35 378
social contributions
-
-
-
20 691
total
-
-
-
56 069
Employee
62 947
-
-
-
social contributions
5 162
-
736
-
income
13 885
-
-
-
total
19 047
-
736
-
Employer
62 947
-
-
-
social contributions
88 755
-
12 649
-
total
88 755
-
12 649
-
Corporate
29 798
181 500
-
-
income
6 556
39 930
-
-
total
6 556
39 930
-
-
Dividends
23 242
141 570
-
-
income
5 113
31 145
-
-
total
5 113
31 145
-
-
Income
181 500
181 500
181 500
181 500
Total tax
119 471
71 075
13 385
56 069
After tax
62 029
110 425
168 115
125 431
Living cost
43 900
43 900
43 900
43 900
Free-cash
18 129
66 525
124 215
81 531

Estimated living cost  is ₽43900 per week

₽28484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
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.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71368
₽70344
₽65169
₽51409
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
181 500
income
-
-
-
21 390
surtax
-
-
-
-
social contributions

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

-
-
-
63 071
total
-
-
-
84 461
Employee
46 730
-
146 667
-
social contributions
5 140
-
16 133
-
surtax
-
-
-
-
income
9 720
-
47 255
-
total
14 860
-
63 388
-
Employer
46 730
-
146 667
-
social contributions
11 098
-
34 833
-
total
11 098
-
34 833
-
Corporate
123 672
181 500
-
-
surtax
-
-
-
-
income
25 972
38 115
-
-
total
25 972
38 115
-
-
Dividends
97 700
143 385
-
-
withholding
27 356
40 147
-
-
total
27 356
40 147
-
-
Income
181 500
181 500
181 500
181 500
Total tax
79 286
78 262
98 221
84 461
After tax
102 214
103 238
83 279
97 039
Living cost
31 870
31 870
31 870
31 870
Free-cash
70 344
71 368
51 409
65 169

Estimated living cost  is ₽31870 per week

₽23845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42405
₽49388
₽53168
₽50372
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
income
-
-
-
28 586
pensions
-
-
-
32 123
other
-
-
-
5 626
health
-
-
-
7 753
surtax
-
-
-
-
social contributions
-
-
-
5 171
total
-
-
-
79 259
Employee
63 636
-
140 497
-
social contributions
1 812
-
4 003
-
surtax
-
-
-
-
income
5 552
-
27 300
-
pensions
7 198
-
9 754
-
total
14 562
-
41 057
-
Employer
63 636
-
140 497
-
other
2 196
-
5 475
-
social contributions
191
-
422
-
unemployment
2 578
-
5 690
-
pensions
10 456
-
16 426
-
health
4 454
-
12 985
-
total
19 875
-
40 998
-
Corporate
97 989
181 500
-
-
surtax
-
-
-
-
income
27 437
50 820
-
-
total
27 437
50 820
-
-
Dividends
70 551
130 680
-
-
surtax
-
-
-
-
social contributions
12 134
22 476
-
-
withholding
9 031
16 726
-
-
total
21 165
39 202
-
-
Income
181 500
181 500
181 500
181 500
Total tax
83 039
90 022
82 055
79 259
After tax
98 461
91 478
99 445
102 241
Living cost
49 073
49 073
49 073
49 073
Free-cash
49 388
42 405
50 372
53 168

Estimated living cost  is ₽49073 per week

₽33212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132809
₽129394
₽103043
₽107863
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
income
-
-
-
7 986
social contributions
-
-
-
39 929
total
-
-
-
47 915
Employee
32 665
-
157 142
-
income
-
-
8 522
-
social contributions
2 123
-
10 215
-
total
2 123
-
18 737
-
Employer
32 665
-
157 142
-
social contributions
5 063
-
24 358
-
total
5 063
-
24 358
-
Corporate
143 772
181 500
-
-
income
14 378
18 149
-
-
total
14 378
18 149
-
-
Dividends
129 394
163 351
-
-
total
-
-
-
-
Income
181 500
181 500
181 500
181 500
Total tax
21 564
18 149
43 095
47 915
After tax
159 936
163 351
138 405
133 585
Living cost
30 542
30 542
30 542
30 542
Free-cash
129 394
132 809
107 863
103 043

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39848
-₽39848
₽57970
-₽39848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
municipal
-
-
-
37 883
pensions
-
-
-
881
national
-
-
-
21 389
labour market
-
-
-
14 450
total
-
-
-
74 603
Employee
206 511
206 511
206 511
-
labour market
16 497
16 497
16 497
-
national
25 229
25 229
25 229
-
municipal
43 975
43 975
43 975
-
pensions
294
294
294
-
total
85 995
85 995
85 995
-
Employer
206 511
206 511
206 511
-
labour market
16 521
16 521
16 521
-
municipal
44 045
44 045
44 045
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 426
86 426
86 426
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
181 500
181 500
181 500
181 500
Total tax
172 421
172 421
172 421
74 603
After tax
9 079
9 079
9 079
106 897
Living cost
48 927
48 927
48 927
48 927
Free-cash
-39 848
-39 848
-39 848
57 970

Estimated living cost  is ₽48927 per week

₽33486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7164
₽11347
₽102195
₽76856
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
accident
-
-
-
255
income
-
-
-
50 414
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
57 440
Employee
34 396
-
163 644
-
health
3 939
-
18 737
-
income
4 719
-
38 490
-
pensions
3 873
-
7 696
-
total
12 531
-
64 923
-
Employer
34 396
-
163 644
-
accident
574
-
2 733
-
unemployment
843
-
4 009
-
pensions
5 593
-
11 114
-
total
7 010
-
17 856
-
Corporate
140 094
181 500
-
-
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.

126 085
163 350
-
-
total
126 085
163 350
-
-
Dividends
14 010
18 150
-
-
withholding
2 662
3 449
-
-
total
2 662
3 449
-
-
Income
181 500
181 500
181 500
181 500
Total tax
148 288
166 799
82 779
57 440
After tax
33 212
14 701
98 721
124 060
Living cost
21 865
21 865
21 865
21 865
Free-cash
11 347
-7 164
76 856
102 195

Estimated living cost  is ₽21865 per week

₽15916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74567
₽77181
₽77689
₽56046
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
181 500
municipal
-
-
-
32 244
health
-
-
-
2 372
national
-
-
-
30 187
total
-
-
-
64 803
Employee
53 456
-
152 688
-
health
399
-
1 928
-
municipal
8 756
-
24 869
-
pensions
3 608
-
10 306
-
unemployment
802
-
2 291
-
national
883
-
18 241
-
total
14 448
-
57 635
-
Employer
53 456
-
152 688
-
accident
54
-
152
-
unemployment
347
-
993
-
pensions
9 274
-
26 490
-
health
411
-
1 176
-
total
10 086
-
28 811
-
Corporate
117 958
181 500
-
-
income
23 592
36 301
-
-
total
23 592
36 301
-
-
Dividends

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

70 774
108 899
-
-
national
4 446
12 023
-
-
municipal
12 739
19 601
-
-
total
17 185
31 624
-
-
Income
181 500
181 500
181 500
181 500
Total tax
65 311
67 925
86 446
64 803
After tax
116 189
113 575
95 054
116 697
Living cost
39 008
39 008
39 008
39 008
Free-cash
77 181
74 567
56 046
77 689

Estimated living cost  is ₽39008 per week

₽25480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
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.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108876
₽103345
₽100407
₽98815
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
income
-
-
-
36 503
health
-
-
-
4 627
social contributions
-
-
-
16 439
total
-
-
-
57 569
Employee
78 128
78 128
169 617
-
social contributions
2 954
6 484
8 746
-
health
605
1 328
2 883
-
income
8 507
7 232
35 649
-
total
12 066
15 044
47 278
-
Employer
78 128
78 128
169 617
-
social contributions
2 954
6 484
8 746
-
health
657
1 446
3 137
-
total
3 611
7 930
11 883
-
Corporate
142 298
95 441
-
-
income
17 787
11 929
-
-
total
17 787
11 929
-
-
Dividends
124 511
83 512
-
-
withholding
21 167
14 197
-
-
total
21 167
14 197
-
-
Income
181 500
181 500
181 500
181 500
Total tax
54 631
49 100
59 161
57 569
After tax
126 869
132 400
122 339
123 931
Living cost
23 524
23 524
23 524
23 524
Free-cash
103 345
108 876
98 815
100 407

Estimated living cost  is ₽23524 per week

₽14098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134169
₽128999
₽136712
₽116332
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
181 500
income
-
-
-
18 487
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
28 656
Employee

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

23 322
-
171 570
-
health
1 982
-
8 195
-
income
1 595
-
15 969
-
pensions
3 498
-
14 461
-
unemployment
116
-
482
-
total
7 191
-
39 107
-
Employer

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

23 322
-
171 570
-
unemployment
116
-
482
-
pensions
1 282
-
5 302
-
health
1 003
-
4 145
-
total
2 401
-
9 929
-
Corporate
155 778
181 500
-
-
income
14 019
16 335
-
-
total
14 019
16 335
-
-
Dividends
141 759
165 165
-
-
withholding
12 758
14 864
-
-
total
12 758
14 864
-
-
Income
181 500
181 500
181 500
181 500
Total tax
36 369
31 199
49 036
28 656
After tax
145 131
150 301
132 464
152 844
Living cost
16 132
16 132
16 132
16 132
Free-cash
128 999
134 169
116 332
136 712

Estimated living cost  is ₽16132 per week

₽10292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93011
₽88525
₽73891
₽69627
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
accident
-
-
-
848
income
-
-
-
51 418
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
79 669
Employee
37 569
-
151 477
-
other
37
-
94
-
income
7 243
-
47 930
-
pensions
1 766
-
4 427
-
unemployment
582
-
1 460
-
total
9 628
-
53 911
-
Employer
37 569
-
151 477
-
accident
744
-
1 864
-
other
301
-
754
-
unemployment
2 067
-
5 179
-
pensions
8 866
-
22 225
-
total
11 978
-
30 022
-
Corporate
131 954
181 500
-
-
income

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

19 792
27 225
-
-
total
19 792
27 225
-
-
Dividends
112 161
154 275
-
-
withholding
23 637
33 324
-
-
total
23 637
33 324
-
-
Income
181 500
181 500
181 500
181 500
Total tax
65 035
60 549
83 933
79 669
After tax
116 465
120 951
97 567
101 831
Living cost
27 940
27 940
27 940
27 940
Free-cash
88 525
93 011
69 627
73 891

Estimated living cost  is ₽27940 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
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.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110475
₽110019
₽113560
₽113363
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
income
-
-
-
61 659
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
65 159
Employee
4 236
-
179 218
-
health
212
-
507
-
income
820
-
61 552
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
63 073
-
Employer
4 236
-
179 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
176 310
181 500
-
-
income
38 788
39 930
-
-
total
38 788
39 930
-
-
Dividends
137 522
141 570
-
-
withholding
27 504
28 314
-
-
total
27 504
28 314
-
-
Income
181 500
181 500
181 500
181 500
Total tax
68 700
68 244
65 356
65 159
After tax
112 800
113 256
116 144
116 341
Living cost
2 781
2 781
2 781
2 781
Free-cash
110 019
110 475
113 363
113 560

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113575
₽108577
₽94443
₽94444
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
181 500
income
-
-
-
41 134
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 729
total
-
-
-
69 498
Employee

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

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

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

26 477
-
168 069
-
health
1 364
-
3 864
-
income
3 650
-
41 134
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
56 066
-
Employer

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

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

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

26 477
-
168 069
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
150 284
181 500
-
-
income
22 543
27 225
-
-
total
22 543
27 225
-
-
Dividends
127 741
154 275
-
-
withholding
19 161
23 141
-
-
total
19 161
23 141
-
-
Income
181 500
181 500
181 500
181 500
Total tax
55 364
50 366
69 497
69 498
After tax
126 136
131 134
112 003
112 002
Living cost
17 559
17 559
17 559
17 559
Free-cash
108 577
113 575
94 444
94 443

Estimated living cost  is ₽17559 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75846
₽75479
₽69647
₽55887
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
181 500
income
-
-
-
21 390
surtax
-
-
-
-
social contributions

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

-
-
-
63 071
total
-
-
-
84 461
Employee
39 435
-
146 667
-
social contributions
4 338
-
16 133
-
surtax
-
-
-
-
income
7 705
-
47 255
-
total
12 043
-
63 388
-
Employer
39 435
-
146 667
-
social contributions
9 365
-
34 833
-
total
9 365
-
34 833
-
Corporate
132 700
181 500
-
-
surtax
-
-
-
-
income
27 867
38 115
-
-
total
27 867
38 115
-
-
Dividends
104 833
143 385
-
-
withholding
29 354
40 147
-
-
total
29 354
40 147
-
-
Income
181 500
181 500
181 500
181 500
Total tax
78 629
78 262
98 221
84 461
After tax
102 871
103 238
83 279
97 039
Living cost
27 392
27 392
27 392
27 392
Free-cash
75 479
75 846
55 887
69 647

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85243
₽78597
₽66123
₽61859
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
accident
-
-
-
848
income
-
-
-
51 418
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
79 669
Employee
49 070
-
151 477
-
other
48
-
94
-
income
10 249
-
47 930
-
pensions
2 306
-
4 427
-
unemployment
760
-
1 460
-
total
13 363
-
53 911
-
Employer
49 070
-
151 477
-
accident
972
-
1 864
-
other
393
-
754
-
unemployment
2 699
-
5 179
-
pensions
11 580
-
22 225
-
total
15 644
-
30 022
-
Corporate
116 785
181 500
-
-
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.

17 517
27 225
-
-
total
17 517
27 225
-
-
Dividends
99 268
154 275
-
-
withholding
20 671
33 324
-
-
total
20 671
33 324
-
-
Income
181 500
181 500
181 500
181 500
Total tax
67 195
60 549
83 933
79 669
After tax
114 305
120 951
97 567
101 831
Living cost
35 708
35 708
35 708
35 708
Free-cash
78 597
85 243
61 859
66 123

Estimated living cost  is ₽35708 per week

₽25644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137704
₽131511
₽127319
₽134466
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
income
-
-
-
27 225
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
36 702
Employee
23 145
-
174 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
17 453
-
pensions

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

2 032
-
3 116
-
total
5 666
-
22 592
-
Employer
23 145
-
174 537
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
153 814
181 500
-
-
income
15 381
18 150
-
-
total
15 381
18 150
-
-
Dividends
138 433
163 350
-
-
withholding
6 922
8 167
-
-
total
6 922
8 167
-
-
Income
181 500
181 500
181 500
181 500
Total tax
32 510
26 317
29 555
36 702
After tax
148 990
155 183
151 945
144 798
Living cost
17 479
17 479
17 479
17 479
Free-cash
131 511
137 704
134 466
127 319

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54179
₽67470
₽56583
₽75849
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
181 500
trade
-
-
-
19 266
income

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

-
-
-
56 384
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.

-
-
-
6 941
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.

-
-
-
3 100
total
-
-
-
85 691
Employee

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

50 554
-
181 500
-
health

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

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

6 941
-
6 941
-
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.

229
-
3 100
-
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.

4 157
-
56 384
-
total
11 327
-
66 425
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 946
181 500
-
-
surtax

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

1 080
1 498
-
-
income
19 642
27 225
-
-
trade
18 791
26 045
-
-
chamber of commerce
347
420
-
-
total
39 860
55 188
-
-
Dividends
91 086
126 311
-
-
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.

1 232
1 716
-
-
withholding
22 385
31 191
-
-
total
23 617
32 907
-
-
Income
181 500
181 500
181 500
181 500
Total tax
74 804
88 095
66 425
85 691
After tax
106 696
93 405
115 075
95 809
Living cost
39 226
39 226
39 226
39 226
Free-cash
67 470
54 179
75 849
56 583

Estimated living cost  is ₽39226 per week

₽27059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
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.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69172
₽71415
₽37476
₽37476
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
income
-
-
-
55 806
social contributions
-
-
-
30 340
total
-
-
-
86 146
Employee
79 477
-
181 500
-
income
14 997
-
55 806
-
social contributions
6 603
-
30 340
-
total
21 600
-
86 146
-
Employer
79 477
-
181 500
-
total
-
-
-
-
Corporate
102 023
181 500
-
-
income
12 753
22 688
-
-
total
12 753
22 688
-
-
Dividends
89 271
158 812
-
-
withholding
17 854
31 762
-
-
total
17 854
31 762
-
-
Income
181 500
181 500
181 500
181 500
Total tax
52 207
54 450
86 146
86 146
After tax
129 293
127 050
95 354
95 354
Living cost
57 878
57 878
57 878
57 878
Free-cash
71 415
69 172
37 476
37 476

Estimated living cost  is ₽57878 per week

₽44033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75724
₽79276
₽108884
₽92013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
181 500
income
-
-
-
28 922
health

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

-
-
-
6 812
total
-
-
-
35 734
Employee
46 610
-
176 826
-
income
5 057
-
43 257
-
social contributions
4 670
-
4 674
-
total
9 727
-
47 931
-
Employer
46 610
-
176 826
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
130 220
181 500
-
-
income
45 577
63 526
-
-
total
45 577
63 526
-
-
Dividends
84 643
117 974
-
-
social contributions
5 368
5 368
-
-
total
5 368
5 368
-
-
Income
181 500
181 500
181 500
181 500
Total tax
65 342
68 894
52 605
35 734
After tax
116 158
112 606
128 895
145 766
Living cost
36 882
36 882
36 882
36 882
Free-cash
79 276
75 724
92 013
108 884

Estimated living cost  is ₽36882 per week

₽24294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80671
₽86729
₽82263
₽65843
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
income
-
-
-
52 013
pensions
-
-
-
9 230
total
-
-
-
61 243
Employee
52 152
-
158 538
-
health
680
-
2 294
-
income
9 497
-
41 064
-
pensions
3 981
-
11 343
-
total
14 158
-
54 701
-
Employer
52 152
-
158 538
-
pensions
5 269
-
19 950
-
health
991
-
3 012
-
total
6 260
-
22 962
-
Corporate
123 087
181 500
-
-
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.

23 387
34 484
-
-
total
23 387
34 484
-
-
Dividends
99 700
147 016
-
-
withholding
12 972
28 351
-
-
total
12 972
28 351
-
-
Income
181 500
181 500
181 500
181 500
Total tax
56 777
62 835
77 663
61 243
After tax
124 723
118 665
103 837
120 257
Living cost
37 994
37 994
37 994
37 994
Free-cash
86 729
80 671
65 843
82 263

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9329
₽11016
₽100030
₽74691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
accident
-
-
-
255
income
-
-
-
50 414
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
57 440
Employee
37 800
-
163 644
-
health
4 328
-
18 737
-
income
5 186
-
38 490
-
pensions
4 256
-
7 696
-
total
13 770
-
64 923
-
Employer
37 800
-
163 644
-
accident
631
-
2 733
-
unemployment
926
-
4 009
-
pensions
6 146
-
11 114
-
total
7 703
-
17 856
-
Corporate
135 996
181 500
-
-
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.

122 397
163 350
-
-
total
122 397
163 350
-
-
Dividends
13 600
18 150
-
-
withholding
2 584
3 449
-
-
total
2 584
3 449
-
-
Income
181 500
181 500
181 500
181 500
Total tax
146 454
166 799
82 779
57 440
After tax
35 046
14 701
98 721
124 060
Living cost
24 030
24 030
24 030
24 030
Free-cash
11 016
-9 329
74 691
100 030

Estimated living cost  is ₽24030 per week

₽17635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139037
₽134293
₽93248
₽115542
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
181 500
work injury
-
-
-
811
health insurance
-
-
-
11 998
income
-
-
-
29 969
pensions
-
-
-
29 833
unemployment
-
-
-
1 946
total
-
-
-
74 557
Employee

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

21 911
-
181 500
-
work injury
110
-
405
-
income
2 191
-
29 969
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
52 263
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
159 589
181 500
-
-
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%.

1 596
1 815
-
-
total
1 596
1 815
-
-
Dividends
157 993
179 685
-
-
withholding
23 699
26 953
-
-
total
23 699
26 953
-
-
Income
181 500
181 500
181 500
181 500
Total tax
33 512
28 768
52 263
74 557
After tax
147 988
152 732
129 237
106 943
Living cost
13 695
13 695
13 695
13 695
Free-cash
134 293
139 037
115 542
93 248

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55126
₽50502
₽43970
₽36003
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
181 500
municipal
-
-
-
1 213
regional
-
-
-
4 160
national
-
-
-
44 999
social contributions
-
-
-
46 682
total
-
-
-
97 054
Employee
85 618
-
181 500
-
social contributions
28 870
-
61 202
-
regional
1 293
-
3 691
-
municipal
511
-
1 084
-
national
14 469
-
39 044
-
total
45 143
-
105 021
-
Employer
85 618
-
181 500
-
total
-
-
-
-
Corporate
95 882
181 500
-
-
nationa
23 012
43 560
-
-
municipal
4 622
8 748
-
-
total
27 634
52 308
-
-
Dividends
68 248
129 192
-
-
withholding
17 745
33 590
-
-
total
17 745
33 590
-
-
Income
181 500
181 500
181 500
181 500
Total tax
90 522
85 898
105 021
97 054
After tax
90 978
95 602
76 479
84 446
Living cost
40 476
40 476
40 476
40 476
Free-cash
50 502
55 126
36 003
43 970

Estimated living cost  is ₽40476 per week

₽28432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and 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 Rome model

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