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
₽ 182500
per

Your estimated
City
free-cash

Dresden , Germany
₽61728
₽85113
₽63695
₽72798
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
182 500
income

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

-
-
-
57 106
surtax

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

-
-
-
3 140
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.

-
-
-
6 835
trade
-
-
-
21 418
total
-
-
-
88 499
Employee

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

38 269
-
182 500
-
surtax

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

59
-
3 140
-
income

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

1 069
-
57 106
-
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.

6 835
-
6 835
-
total
7 963
-
67 081
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
144 231
182 500
-
-
income
21 634
27 376
-
-
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.

1 190
1 506
-
-
chamber of commerce
359
414
-
-
trade
22 716
28 745
-
-
total
45 899
58 041
-
-
Dividends
98 332
124 460
-
-
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.

1 331
1 690
-
-
withholding
24 203
30 735
-
-
total
25 534
32 425
-
-
Income
182 500
182 500
182 500
182 500
Total tax
79 396
90 466
67 081
88 499
After tax
103 104
92 034
115 419
94 001
Living cost
30 306
30 306
30 306
30 306
Free-cash
72 798
61 728
85 113
63 695

Estimated living cost  is ₽30306 per week

₽19063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60829
₽55727
₽54647
₽59947
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
social contributions
-
-
-
1 962
municipal
-
-
-
19 980
national
-
-
-
30 960
pensions
-
-
-
21 900
total
-
-
-
74 802
Employee
82 238
-
157 770
-
municipal
10 158
-
20 686
-
pensions
3 290
-
6 311
-
national
15 740
-
32 407
-
total
29 188
-
59 404
-
Employer
82 238
-
157 770
-
pensions
6 579
-
12 622
-
social contributions
884
-
1 696
-
total
7 463
-
14 318
-
Corporate
87 371
182 500
-
-
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%.

17 474
36 500
-
-
total
17 474
36 500
-
-
Dividends
69 897
146 000
-
-
withholding
15 377
32 120
-
-
total
15 377
32 120
-
-
Income
182 500
182 500
182 500
182 500
Total tax
69 502
68 620
73 722
74 802
After tax
112 998
113 880
108 778
107 698
Living cost
53 051
53 051
53 051
53 051
Free-cash
59 947
60 829
55 727
54 647

Estimated living cost  is ₽53051 per week

₽36058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽794
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125185
₽56289
₽42699
₽116978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
182 500
income
-
-
-
34 112
surtax
-
-
-
46 538
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.

-
-
-
38 335
microenterprise
-
-
-
-
total
-
-
-
118 985
Employee
29 236
-
138 535
-
surtax
-
-
20 088
-
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.

3 216
-
13 116
-
income
5 204
-
28 226
-
total
8 420
-
61 430
-
Employer
29 236
-
138 535
-
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.

7 042
-
28 726
-
surtax
-
-
15 239
-
total
7 042
-
43 965
-
Corporate
146 221
182 500
-
-
income

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

29 244
36 499
-
-
total
29 244
36 499
-
-
Dividends

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

116 977
146 001
-
-
total
-
-
-
-
Income
182 500
182 500
182 500
182 500
Total tax
44 706
36 499
105 395
118 985
After tax
137 794
146 001
77 105
63 515
Living cost
20 816
20 816
20 816
20 816
Free-cash
116 978
125 185
56 289
42 699

Estimated living cost  is ₽20816 per week

₽13280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48534
₽72787
₽58406
₽42403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
income
-
-
-
58 119
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
82 180
Employee
85 442
85 442
163 906
-
pensions
15 380
11 723
11 723
-
income

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

13 986
13 986
25 144
-
health
13 114
11 155
12 338
-
total
42 480
36 864
49 205
-
Employer
85 442
85 442
163 906
-
health
5 939
5 939
7 380
-
pensions
5 947
5 947
7 392
-
unemployment
3 076
3 076
3 822
-
total
14 962
14 962
18 594
-
Corporate
83 144
82 096
-
-
income
16 629
16 418
-
-
total
16 629
16 418
-
-
Dividends
66 515
65 678
-
-
income
14 134
13 956
-
-
withholding
9 978
9 852
-
-
total
24 112
23 808
-
-
Income
182 500
182 500
182 500
182 500
Total tax
98 183
92 052
67 799
82 180
After tax
84 317
90 448
114 701
100 320
Living cost
41 914
41 914
41 914
41 914
Free-cash
42 403
48 534
72 787
58 406

Estimated living cost  is ₽41914 per week

₽29704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58544
₽51549
₽52546
₽57622
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
accident
-
-
-
180
other
-
-
-
10 467
unemployment
-
-
-
90
health
-
-
-
5 621
municipal
-
-
-
46 640
national
-
-
-
16 117
pensions
-
-
-
9 738
total
-
-
-
88 853
Employee
58 565
-
154 197
-
municipal
17 464
-
45 982
-
national
-
-
15 565
-
total
17 464
-
61 547
-
Employer
58 565
-
154 197
-
health
3 602
-
5 540
-
pensions
6 331
-
9 738
-
accident
117
-
180
-
unemployment
1 546
-
2 378
-
other
6 805
-
10 467
-
total
18 401
-
28 303
-
Corporate
105 534
182 500
-
-
income
23 217
40 150
-
-
total
23 217
40 150
-
-
Dividends
82 316
142 350
-
-
withholding
24 695
42 705
-
-
total
24 695
42 705
-
-
Income
182 500
182 500
182 500
182 500
Total tax
83 777
82 855
89 850
88 853
After tax
98 723
99 645
92 650
93 647
Living cost
41 101
41 101
41 101
41 101
Free-cash
57 622
58 544
51 549
52 546

Estimated living cost  is ₽41101 per week

₽27240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51791
₽76114
₽53745
₽65851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
182 500
income

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

-
-
-
57 106
surtax

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

-
-
-
3 140
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.

-
-
-
6 835
trade
-
-
-
22 369
total
-
-
-
89 450
Employee

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

50 740
-
182 500
-
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.

239
-
3 140
-
income

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

4 359
-
57 106
-
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.

6 835
-
6 835
-
total
11 433
-
67 081
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
131 760
182 500
-
-
income
19 764
27 376
-
-
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.

1 086
1 506
-
-
chamber of commerce
340
412
-
-
trade
21 674
30 021
-
-
total
42 864
59 315
-
-
Dividends
88 897
123 186
-
-
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.

1 202
1 673
-
-
withholding
21 845
30 416
-
-
total
23 047
32 089
-
-
Income
182 500
182 500
182 500
182 500
Total tax
77 344
91 404
67 081
89 450
After tax
105 156
91 096
115 419
93 050
Living cost
39 305
39 305
39 305
39 305
Free-cash
65 851
51 791
76 114
53 745

Estimated living cost  is ₽39305 per week

₽26288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100665
₽90382
₽91973
₽96511
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
income
-
-
-
37 232
social contributions
-
-
-
16 188
health
-
-
-
4 654
total
-
-
-
58 074
Employee
76 937
76 937
170 730
-
social contributions
3 739
6 385
8 613
-
income
8 079
7 122
36 378
-
health
765
1 308
2 903
-
total
12 583
14 815
47 894
-
Employer
76 937
76 937
170 730
-
health
834
1 424
3 158
-
social contributions
3 739
6 385
8 613
-
total
4 573
7 809
11 771
-
Corporate
132 892
97 754
-
-
income
16 612
12 218
-
-
total
16 612
12 218
-
-
Dividends
116 281
85 535
-
-
withholding
19 768
14 540
-
-
total
19 768
14 540
-
-
Income
182 500
182 500
182 500
182 500
Total tax
53 536
49 382
59 665
58 074
After tax
128 964
133 118
122 835
124 426
Living cost
32 453
32 453
32 453
32 453
Free-cash
96 511
100 665
90 382
91 973

Estimated living cost  is ₽32453 per week

₽22185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84139
₽87426
₽108055
₽84522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
income
-
-
-
22 311
unemployment
-
-
-
2 738
health
-
-
-
12 775
pensions
-
-
-
18 250
total
-
-
-
56 074
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.

26 520
10 554
152 720
-
unemployment
398
158
2 291
-
pensions
2 652
1 055
15 272
-
income
3 242
1 290
18 670
-
health
1 856
739
10 690
-
total
8 148
3 242
46 923
-
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.

26 520
10 554
152 720
-
pensions
5 171
2 058
29 780
-
total
5 171
2 058
29 780
-
Corporate
150 809
169 887
-
-
income
13 573
15 290
-
-
total
13 573
15 290
-
-
Dividends
137 236
154 598
-
-
social contributions
26 640
30 026
-
-
withholding
26 075
29 374
-
-
total
52 715
59 400
-
-
Income
182 500
182 500
182 500
182 500
Total tax
79 607
79 990
76 703
56 074
After tax
102 893
102 510
105 797
126 426
Living cost
18 371
18 371
18 371
18 371
Free-cash
84 522
84 139
87 426
108 055

Estimated living cost  is ₽18371 per week

₽12537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽121834
₽81023
₽73653
₽115617
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
income
-
-
-
24 455
health
-
-
-
23 724
pensions
-
-
-
36 501
total
-
-
-
84 680
Employee
28 384
-
136 397
-
unemployment
454
-
2 182
-
pensions
568
-
2 728
-
income
3 196
-
26 297
-
total
4 218
-
31 207
-
Employer
28 384
-
136 397
-
health
3 689
-
17 732
-
pensions
5 677
-
27 279
-
unemployment
228
-
1 092
-
total
9 594
-
46 103
-
Corporate
144 522
182 500
-
-
income
28 904
36 499
-
-
total
28 904
36 499
-
-
Dividends
115 618
146 001
-
-
total
-
-
-
-
Income
182 500
182 500
182 500
182 500
Total tax
42 716
36 499
77 310
84 680
After tax
139 784
146 001
105 190
97 820
Living cost
24 167
24 167
24 167
24 167
Free-cash
115 617
121 834
81 023
73 653

Estimated living cost  is ₽24167 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7519
₽76966
₽102441
₽11362
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
accident
-
-
-
256
income
-
-
-
50 696
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
57 757
Employee
35 083
-
164 552
-
pensions
3 950
-
7 734
-
income
4 813
-
38 708
-
health
4 017
-
18 841
-
total
12 780
-
65 283
-
Employer
35 083
-
164 552
-
pensions
5 705
-
11 169
-
accident
586
-
2 748
-
unemployment
859
-
4 032
-
total
7 150
-
17 949
-
Corporate
140 268
182 500
-
-
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.

126 241
164 250
-
-
total
126 241
164 250
-
-
Dividends
14 027
18 250
-
-
withholding
2 665
3 467
-
-
total
2 665
3 467
-
-
Income
182 500
182 500
182 500
182 500
Total tax
148 836
167 717
83 232
57 757
After tax
33 664
14 783
99 268
124 743
Living cost
22 302
22 302
22 302
22 302
Free-cash
11 362
-7 519
76 966
102 441

Estimated living cost  is ₽22302 per week

₽16346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽165310
₽137935
₽172610
₽163798
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
182 500
microenterprise

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

-
-
-
1 825
total
-
-
-
1 825
Employee
10 081
-
182 500
-
income
2 016
-
36 500
-
total
2 016
-
36 500
-
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%.

172 419
182 500
-
-
total
-
-
-
-
Dividends
172 419
182 500
-
-
withholding
8 621
9 125
-
-
total
8 621
9 125
-
-
Income
182 500
182 500
182 500
182 500
Total tax
10 637
9 125
36 500
1 825
After tax
171 863
173 375
146 000
180 675
Living cost
8 065
8 065
8 065
8 065
Free-cash
163 798
165 310
137 935
172 610

Estimated living cost  is ₽8065 per week

₽4998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107422
₽76620
₽76619
₽100664
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
income
-
-
-
28 783
other
-
-
-
7 227
health
-
-
-
6 695
pensions

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

-
-
-
36 516
total
-
-
-
79 221
Employee
36 329
-
145 765
-
unemployment
363
-
1 458
-
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.

2 542
-
10 204
-
income
6 254
-
28 783
-
health
509
-
2 041
-
total
9 668
-
42 486
-
Employer
36 329
-
145 765
-
health
509
-
2 041
-
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.

6 177
-
24 780
-
accident
291
-
1 166
-
unemployment
363
-
1 458
-
other
1 817
-
7 289
-
total
9 157
-
36 734
-
Corporate
137 016
182 500
-
-
income
28 773
38 326
-
-
total
28 773
38 326
-
-
Dividends
108 243
144 174
-
-
withholding
7 578
10 092
-
-
total
7 578
10 092
-
-
Income
182 500
182 500
182 500
182 500
Total tax
55 176
48 418
79 220
79 221
After tax
127 324
134 082
103 280
103 279
Living cost
26 660
26 660
26 660
26 660
Free-cash
100 664
107 422
76 620
76 619

Estimated living cost  is ₽26660 per week

₽18837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52293
₽37630
₽54106
₽56791
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
income
-
-
-
52 988
pensions
-
-
-
9 078
total
-
-
-
62 066
Employee
93 844
-
159 352
-
pensions
9 053
-
11 109
-
income
16 916
-
42 004
-
health
1 546
-
2 281
-
total
27 515
-
55 394
-
Employer
93 844
-
159 352
-
health
1 782
-
3 027
-
pensions
11 080
-
20 121
-
total
12 862
-
23 148
-
Corporate
75 794
182 500
-
-
income

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

14 400
34 676
-
-
total
14 400
34 676
-
-
Dividends
61 393
147 824
-
-
withholding
4 604
29 203
-
-
total
4 604
29 203
-
-
Income
182 500
182 500
182 500
182 500
Total tax
59 381
63 879
78 542
62 066
After tax
123 119
118 621
103 958
120 434
Living cost
66 328
66 328
66 328
66 328
Free-cash
56 791
52 293
37 630
54 106

Estimated living cost  is ₽66328 per week

₽49701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽142924
₽139908
₽132683
₽138280
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
income
-
-
-
27 375
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
36 704
Employee
17 364
-
175 646
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
pensions

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

1 525
-
3 068
-
income
1 736
-
17 565
-
health
799
-
1 607
-
total
4 251
-
22 624
-
Employer
17 364
-
175 646
-
health
1 198
-
2 411
-
pensions

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

1 914
-
3 850
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
unemployment
104
-
210
-
total
3 407
-
6 855
-
Corporate
161 729
182 500
-
-
income
16 172
18 250
-
-
total
16 172
18 250
-
-
Dividends
145 556
164 250
-
-
withholding
7 277
8 213
-
-
total
7 277
8 213
-
-
Income
182 500
182 500
182 500
182 500
Total tax
31 107
26 463
29 479
36 704
After tax
151 393
156 037
153 021
145 796
Living cost
13 113
13 113
13 113
13 113
Free-cash
138 280
142 924
139 908
132 683

Estimated living cost  is ₽13113 per week

₽7656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34966
₽59219
₽44838
₽37480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
income
-
-
-
58 119
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
82 180
Employee
92 763
85 442
163 906
-
pensions
11 723
11 723
11 723
-
income

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

13 986
13 986
25 144
-
health
11 573
11 155
12 338
-
total
37 282
36 864
49 205
-
Employer
92 763
85 442
163 906
-
health
6 446
5 939
7 380
-
pensions
6 456
5 947
7 392
-
unemployment
3 340
3 076
3 822
-
total
16 242
14 962
18 594
-
Corporate
73 495
82 096
-
-
income
14 700
16 418
-
-
total
14 700
16 418
-
-
Dividends
58 796
65 678
-
-
income
12 494
13 956
-
-
withholding
8 820
9 852
-
-
total
21 314
23 808
-
-
Income
182 500
182 500
182 500
182 500
Total tax
89 538
92 052
67 799
82 180
After tax
92 962
90 448
114 701
100 320
Living cost
55 482
55 482
55 482
55 482
Free-cash
37 480
34 966
59 219
44 838

Estimated living cost  is ₽55482 per week

₽40927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100791
₽70815
₽78917
₽91922
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
income
-
-
-
18 313
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
-
health
-
-
-
24 637
total
-
-
-
78 723
Employee
36 559
-
139 333
-
solidarity contribution
-
-
-
-
social contributions
2 376
-
7 963
-
income
4 387
-
16 884
-
health
4 936
-
18 810
-
total
11 699
-
43 657
-
Employer
36 559
-
139 333
-
health
3 290
-
12 540
-
social contributions
9 140
-
30 628
-
total
12 430
-
43 168
-
Corporate
133 511
182 500
-
-
income
25 367
34 675
-
-
total
25 367
34 675
-
-
Dividends
108 144
147 825
-
-
withholding
16 222
22 174
-
-
total
16 222
22 174
-
-
Income
182 500
182 500
182 500
182 500
Total tax
65 718
56 849
86 825
78 723
After tax
116 782
125 651
95 675
103 777
Living cost
24 860
24 860
24 860
24 860
Free-cash
91 922
100 791
70 815
78 917

Estimated living cost  is ₽24860 per week

₽17268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1769
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.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55152
₽36391
₽44637
₽49929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
social contributions
-
-
-
46 938
regional
-
-
-
2 161
municipal
-
-
-
1 084
national
-
-
-
45 461
total
-
-
-
95 644
Employee
88 922
-
182 500
-
municipal
471
-
968
-
national
15 408
-
39 474
-
regional
839
-
1 909
-
social contributions
29 985
-
61 539
-
total
46 703
-
103 890
-
Employer
88 922
-
182 500
-
total
-
-
-
-
Corporate
93 578
182 500
-
-
municipal
3 649
7 118
-
-
nationa
22 458
43 800
-
-
total
26 107
50 918
-
-
Dividends
67 471
131 582
-
-
withholding
17 542
34 211
-
-
total
17 542
34 211
-
-
Income
182 500
182 500
182 500
182 500
Total tax
90 352
85 129
103 890
95 644
After tax
92 148
97 371
78 610
86 856
Living cost
42 219
42 219
42 219
42 219
Free-cash
49 929
55 152
36 391
44 637

Estimated living cost  is ₽42219 per week

₽29430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92713
₽58083
₽64202
₽89599
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
income
-
-
-
51 687
other
-
-
-
-
surtax
-
-
-
8 117
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
96 219
Employee
33 087
-
154 391
-
other
-
-
-
-
unemployment
2 303
-
9 294
-
pensions
2 206
-
8 907
-
surtax
108
-
6 921
-
income
5 546
-
45 704
-
health
845
-
3 404
-
total
11 008
-
74 230
-
Employer
33 087
-
154 391
-
health
1 506
-
6 076
-
pensions
4 411
-
17 800
-
unemployment
1 048
-
4 232
-
other
-
-
-
-
total
6 965
-
28 108
-
Corporate
142 448
182 500
-
-
income
37 036
47 451
-
-
total
37 036
47 451
-
-
Dividends
105 412
135 049
-
-
withholding
15 813
20 257
-
-
total
15 813
20 257
-
-
Income
182 500
182 500
182 500
182 500
Total tax
70 822
67 708
102 338
96 219
After tax
111 678
114 792
80 162
86 281
Living cost
22 079
22 079
22 079
22 079
Free-cash
89 599
92 713
58 083
64 202

Estimated living cost  is ₽22079 per week

₽13500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73308
₽58645
₽75121
₽79858
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
income
-
-
-
52 988
pensions
-
-
-
9 078
total
-
-
-
62 066
Employee
62 892
-
159 352
-
pensions
5 338
-
11 109
-
income
11 327
-
42 004
-
health
913
-
2 281
-
total
17 578
-
55 394
-
Employer
62 892
-
159 352
-
health
1 195
-
3 027
-
pensions
6 808
-
20 121
-
total
8 003
-
23 148
-
Corporate
111 606
182 500
-
-
income

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

21 206
34 676
-
-
total
21 206
34 676
-
-
Dividends
90 400
147 824
-
-
withholding
10 542
29 203
-
-
total
10 542
29 203
-
-
Income
182 500
182 500
182 500
182 500
Total tax
57 329
63 879
78 542
62 066
After tax
125 171
118 621
103 958
120 434
Living cost
45 313
45 313
45 313
45 313
Free-cash
79 858
73 308
58 645
75 121

Estimated living cost  is ₽45313 per week

₽33948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4207
₽60047
₽68352
₽38114
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
other

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

-
-
-
3 649
regional
-
-
-
9 045
health
-
-
-
411
city
-
-
-
1 923
national
-
-
-
3 085
pensions
-
-
-
16 789
total
-
-
-
34 902
Employee
92 738
-
163 345
-
unemployment
-
-
-
-
pensions
7 791
-
13 722
-
national
439
-
2 227
-
regional
3 037
-
7 779
-
city
995
-
1 754
-
health
210
-
368
-
total
12 472
-
25 850
-
Employer
92 738
-
163 345
-
health
210
-
368
-
pensions
7 791
-
13 722
-
unemployment
-
-
-
-
other

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

1 854
-
3 267
-
total
9 855
-
17 357
-
Corporate
78 887
182 500
-
-
regional
16 684
38 598
-
-
national
6 704
15 513
-
-
total
23 388
54 111
-
-
Dividends
55 499
128 389
-
-
withholding
19 425
44 936
-
-
total
19 425
44 936
-
-
Income
182 500
182 500
182 500
182 500
Total tax
65 140
99 047
43 207
34 902
After tax
117 360
83 453
139 293
147 598
Living cost
79 246
79 246
79 246
79 246
Free-cash
38 114
4 207
60 047
68 352

Estimated living cost  is ₽79246 per week

₽51533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽973
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽44323
₽69584
₽46264
₽60547
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
182 500
income

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

-
-
-
57 106
surtax

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

-
-
-
3 140
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.

-
-
-
6 835
trade
-
-
-
23 320
total
-
-
-
90 401
Employee

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

60 131
-
182 500
-
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.

389
-
3 140
-
income

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

7 071
-
57 106
-
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.

6 835
-
6 835
-
total
14 295
-
67 081
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
122 369
182 500
-
-
income
18 355
27 376
-
-
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.

1 010
1 506
-
-
chamber of commerce
325
408
-
-
trade
20 987
31 298
-
-
total
40 677
60 588
-
-
Dividends
81 693
121 912
-
-
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.

1 103
1 656
-
-
withholding
20 043
30 098
-
-
total
21 146
31 754
-
-
Income
182 500
182 500
182 500
182 500
Total tax
76 118
92 342
67 081
90 401
After tax
106 382
90 158
115 419
92 099
Living cost
45 835
45 835
45 835
45 835
Free-cash
60 547
44 323
69 584
46 264

Estimated living cost  is ₽45835 per week

₽33476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3666
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.
₽8098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57749
₽65339
₽68511
₽63658
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
income
-
-
-
29 042
other
-
-
-
5 658
surtax
-
-
-
-
social contributions
-
-
-
5 199
health
-
-
-
7 912
pensions
-
-
-
31 946
total
-
-
-
79 757
Employee
42 822
-
141 064
-
pensions
4 842
-
9 883
-
surtax
-
-
-
-
social contributions
1 221
-
4 020
-
income
2 527
-
27 594
-
total
8 590
-
41 497
-
Employer
42 822
-
141 064
-
health
2 998
-
13 138
-
pensions
7 035
-
16 624
-
unemployment
1 734
-
5 713
-
social contributions
129
-
423
-
other
1 477
-
5 534
-
total
13 373
-
41 432
-
Corporate
126 306
182 500
-
-
income
35 366
51 100
-
-
surtax
-
-
-
-
total
35 366
51 100
-
-
Dividends
90 940
131 400
-
-
surtax
-
-
-
-
social contributions
15 640
22 600
-
-
withholding
11 641
16 819
-
-
total
27 281
39 419
-
-
Income
182 500
182 500
182 500
182 500
Total tax
84 610
90 519
82 929
79 757
After tax
97 890
91 981
99 571
102 743
Living cost
34 232
34 232
34 232
34 232
Free-cash
63 658
57 749
65 339
68 511

Estimated living cost  is ₽34232 per week

₽21585
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.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61141
₽68731
₽71903
₽66699
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
income
-
-
-
29 042
other
-
-
-
5 658
surtax
-
-
-
-
social contributions
-
-
-
5 199
health
-
-
-
7 912
pensions
-
-
-
31 946
total
-
-
-
79 757
Employee
38 224
-
141 064
-
pensions
4 323
-
9 883
-
surtax
-
-
-
-
social contributions
1 090
-
4 020
-
income
1 971
-
27 594
-
total
7 384
-
41 497
-
Employer
38 224
-
141 064
-
health
2 675
-
13 138
-
pensions
6 281
-
16 624
-
unemployment
1 547
-
5 713
-
social contributions
114
-
423
-
other
1 320
-
5 534
-
total
11 937
-
41 432
-
Corporate
132 338
182 500
-
-
income
37 055
51 100
-
-
surtax
-
-
-
-
total
37 055
51 100
-
-
Dividends
95 283
131 400
-
-
surtax
-
-
-
-
social contributions
16 390
22 600
-
-
withholding
12 195
16 819
-
-
total
28 585
39 419
-
-
Income
182 500
182 500
182 500
182 500
Total tax
84 961
90 519
82 929
79 757
After tax
97 539
91 981
99 571
102 743
Living cost
30 840
30 840
30 840
30 840
Free-cash
66 699
61 141
68 731
71 903

Estimated living cost  is ₽30840 per week

₽17886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90124
₽92037
₽95984
₽90642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
income
-
-
-
27 376
social contributions
-
-
-
25 185
health
-
-
-
12 739
total
-
-
-
65 300
Employee
33 924
-
182 500
-
social contributions
4 682
-
25 185
-
income
5 658
-
31 323
-
health
2 368
-
12 739
-
total
12 708
-
69 247
-
Employer
33 924
-
182 500
-
total
-
-
-
-
Corporate
148 576
182 500
-
-
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%.

7 430
9 125
-
-
total
7 430
9 125
-
-
Dividends
141 146
173 375
-
-
social contributions
19 479
23 926
-
-
withholding
21 173
26 007
-
-
health
9 852
12 102
-
-
total
50 504
62 035
-
-
Income
182 500
182 500
182 500
182 500
Total tax
70 642
71 160
69 247
65 300
After tax
111 858
111 340
113 253
117 200
Living cost
21 216
21 216
21 216
21 216
Free-cash
90 642
90 124
92 037
95 984

Estimated living cost  is ₽21216 per week

₽14199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65664
₽13039
₽58430
₽64117
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
income
-
-
-
51 186
surtax
-
-
-
197
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
729
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
88 815
Employee
50 003
39 873
146 500
-
other
499
399
1 170
-
unemployment
1 500
1 196
3 507
-
pensions
5 121
4 082
11 970
-
income
5 692
2 941
41 362
-
health
1 935
1 544
4 523
-
total
14 747
10 162
62 532
-
Employer
50 003
39 873
146 500
-
chamber of commerce
199
159
587
-
health
1 889
1 508
4 418
-
pensions
6 275
5 005
14 669
-
accident
649
518
1 519
-
unemployment
1 500
1 196
3 507
-
surtax
197
197
197
-
payroll
1 500
1 196
4 396
-
other
2 375
1 893
6 706
-
total
14 584
11 672
35 999
-
Corporate
117 911
130 954
142 703
-
income

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

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

29 478
32 738
35 675
-
total
29 478
32 738
35 675
-
Dividends
88 434
98 216
-
-
withholding
24 319
27 009
-
-
total
24 319
27 009
-
-
Income
182 500
182 500
182 500
182 500
Total tax
83 128
81 581
134 206
88 815
After tax
99 372
100 919
48 294
93 685
Living cost
35 255
35 255
35 255
35 255
Free-cash
64 117
65 664
13 039
58 430

Estimated living cost  is ₽35255 per week

₽23514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3008
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65574
₽27425
₽42679
₽50565
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
communal

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

-
-
-
9 454
social contributions
-
-
-
24 945
national
-
-
-
68 941
total
-
-
-
103 340
Employee

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

71 569
-
141 353
-
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.

623
-
1 230
-
communal

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

3 733
-
7 373
-
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.

5 368
-
10 601
-
national
22 003
-
51 601
-
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.

3 363
-
6 644
-
total
35 090
-
77 449
-
Employer

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

71 569
-
141 353
-
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.

4 401
-
8 692
-
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.

6 342
-
12 524
-
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.

930
-
1 836
-
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.

1 044
-
2 064
-
surtax
8 115
-
16 029
-
total
20 832
-
41 145
-
Corporate
90 098
182 500
-
-
income
18 019
36 499
-
-
surtax
361
729
-
-
total
18 380
37 228
-
-
Dividends
71 718
145 272
-
-
withholding

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

21 152
43 217
-
-
total
21 152
43 217
-
-
Income
182 500
182 500
182 500
182 500
Total tax
95 454
80 445
118 594
103 340
After tax
87 046
102 055
63 906
79 160
Living cost
36 481
36 481
36 481
36 481
Free-cash
50 565
65 574
27 425
42 679

Estimated living cost  is ₽36481 per week

₽23499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85438
₽62017
₽66215
₽78586
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
accident
-
-
-
835
income
-
-
-
52 330
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
80 151
Employee
49 805
-
152 935
-
other
49
-
93
-
unemployment
773
-
1 437
-
pensions
2 341
-
4 359
-
income
10 508
-
48 895
-
total
13 671
-
54 784
-
Employer
49 805
-
152 935
-
pensions
11 753
-
21 887
-
accident
985
-
1 836
-
unemployment
2 740
-
5 100
-
other
397
-
742
-
total
15 875
-
29 565
-
Corporate
116 820
182 500
-
-
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.

17 523
27 376
-
-
total
17 523
27 376
-
-
Dividends
99 297
155 124
-
-
withholding
20 711
33 552
-
-
total
20 711
33 552
-
-
Income
182 500
182 500
182 500
182 500
Total tax
67 780
60 928
84 349
80 151
After tax
114 720
121 572
98 151
102 349
Living cost
36 134
36 134
36 134
36 134
Free-cash
78 586
85 438
62 017
66 215

Estimated living cost  is ₽36134 per week

₽26609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51947
₽42428
₽35156
₽38951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
communal
-
-
-
11 535
accident
-
-
-
1 538
income
-
-
-
30 673
surtax
-
-
-
9 047
health
-
-
-
12 822
pensions
-
-
-
27 355
total
-
-
-
92 970
Employee
75 770
-
163 017
-
pensions
6 061
-
13 042
-
surtax
4 644
-
9 991
-
income
7 319
-
35 927
-
health
3 372
-
7 255
-
total
21 396
-
66 215
-
Employer
75 770
-
163 017
-
health
2 311
-
4 973
-
pensions
6 061
-
13 042
-
accident
682
-
1 468
-
total
9 054
-
19 483
-
Corporate
97 677
182 500
-
-
communal
6 592
12 319
-
-
income
14 652
27 376
-
-
surtax
1 025
1 916
-
-
total
22 269
41 611
-
-
Dividends
75 407
140 890
-
-
income
25 145
13 435
-
-
withholding
11 311
21 133
-
-
total
36 456
34 568
-
-
Income
182 500
182 500
182 500
182 500
Total tax
89 175
76 179
85 698
92 970
After tax
93 325
106 321
96 802
89 530
Living cost
54 374
54 374
54 374
54 374
Free-cash
38 951
51 947
42 428
35 156

Estimated living cost  is ₽54374 per week

₽40788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
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.
₽9714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92319
₽57689
₽63808
₽89136
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
income
-
-
-
51 687
other
-
-
-
-
surtax
-
-
-
8 117
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
96 219
Employee
33 695
-
154 391
-
other
-
-
-
-
unemployment
2 345
-
9 294
-
pensions
2 248
-
8 907
-
surtax
120
-
6 921
-
income
5 649
-
45 704
-
health
860
-
3 404
-
total
11 222
-
74 230
-
Employer
33 695
-
154 391
-
health
1 532
-
6 076
-
pensions
4 492
-
17 800
-
unemployment
1 069
-
4 232
-
other
-
-
-
-
total
7 093
-
28 108
-
Corporate
141 712
182 500
-
-
income
36 845
47 451
-
-
total
36 845
47 451
-
-
Dividends
104 867
135 049
-
-
withholding
15 731
20 257
-
-
total
15 731
20 257
-
-
Income
182 500
182 500
182 500
182 500
Total tax
70 891
67 708
102 338
96 219
After tax
111 609
114 792
80 162
86 281
Living cost
22 473
22 473
22 473
22 473
Free-cash
89 136
92 319
57 689
63 808

Estimated living cost  is ₽22473 per week

₽13568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68974
₽51111
₽59313
₽66754
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
social contributions
-
-
-
46 938
regional
-
-
-
2 752
municipal
-
-
-
1 084
national
-
-
-
45 461
total
-
-
-
96 235
Employee
55 502
-
182 500
-
municipal
294
-
968
-
national
8 793
-
39 474
-
regional
747
-
2 456
-
social contributions
18 716
-
61 539
-
total
28 550
-
104 437
-
Employer
55 502
-
182 500
-
total
-
-
-
-
Corporate
126 998
182 500
-
-
municipal
6 311
9 070
-
-
nationa
30 480
43 800
-
-
total
36 791
52 870
-
-
Dividends
90 207
129 630
-
-
withholding
23 453
33 704
-
-
total
23 453
33 704
-
-
Income
182 500
182 500
182 500
182 500
Total tax
88 794
86 574
104 437
96 235
After tax
93 706
95 926
78 063
86 265
Living cost
26 952
26 952
26 952
26 952
Free-cash
66 754
68 974
51 111
59 313

Estimated living cost  is ₽26952 per week

₽16762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95017
₽65041
₽73143
₽84088
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
income
-
-
-
18 313
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
-
health
-
-
-
24 637
total
-
-
-
78 723
Employee
45 050
-
139 333
-
solidarity contribution
-
-
-
-
social contributions
2 928
-
7 963
-
income
5 406
-
16 884
-
health
6 082
-
18 810
-
total
14 416
-
43 657
-
Employer
45 050
-
139 333
-
health
4 055
-
12 540
-
social contributions
11 263
-
30 628
-
total
15 318
-
43 168
-
Corporate
122 132
182 500
-
-
income
23 205
34 675
-
-
total
23 205
34 675
-
-
Dividends
98 927
147 825
-
-
withholding
14 839
22 174
-
-
total
14 839
22 174
-
-
Income
182 500
182 500
182 500
182 500
Total tax
67 778
56 849
86 825
78 723
After tax
114 722
125 651
95 675
103 777
Living cost
30 634
30 634
30 634
30 634
Free-cash
84 088
95 017
65 041
73 143

Estimated living cost  is ₽30634 per week

₽22782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1697
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.
₽5626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69104
₽16421
₽61961
₽68609
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
income
-
-
-
51 186
surtax
-
-
-
-
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
729
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
88 618
Employee
43 737
39 873
146 684
-
other
437
399
1 170
-
unemployment
1 312
1 196
3 507
-
pensions
4 479
4 082
11 970
-
income
3 896
2 941
41 451
-
health
1 692
1 544
4 523
-
total
11 816
10 162
62 621
-
Employer
43 737
39 873
146 684
-
chamber of commerce
175
159
587
-
health
1 654
1 508
4 418
-
pensions
5 489
5 005
14 669
-
accident
568
518
1 519
-
unemployment
1 312
1 196
3 507
-
surtax
-
-
-
-
payroll
1 312
1 196
4 401
-
other
2 077
1 893
6 714
-
total
12 587
11 475
35 815
-
Corporate
126 177
131 151
142 887
-
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.

31 543
32 787
35 722
-
total
31 543
32 787
35 722
-
Dividends
94 633
98 364
-
-
withholding
26 024
27 051
-
-
total
26 024
27 051
-
-
Income
182 500
182 500
182 500
182 500
Total tax
81 970
81 475
134 158
88 618
After tax
100 530
101 025
48 342
93 882
Living cost
31 921
31 921
31 921
31 921
Free-cash
68 609
69 104
16 421
61 961

Estimated living cost  is ₽31921 per week

₽19149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160807
₽133432
₽168107
₽158451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
182 500
microenterprise

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

-
-
-
1 825
total
-
-
-
1 825
Employee
15 710
-
182 500
-
income
3 142
-
36 500
-
total
3 142
-
36 500
-
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%.

166 790
182 500
-
-
total
-
-
-
-
Dividends
166 790
182 500
-
-
withholding
8 339
9 125
-
-
total
8 339
9 125
-
-
Income
182 500
182 500
182 500
182 500
Total tax
11 481
9 125
36 500
1 825
After tax
171 019
173 375
146 000
180 675
Living cost
12 568
12 568
12 568
12 568
Free-cash
158 451
160 807
133 432
168 107

Estimated living cost  is ₽12568 per week

₽8505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98816
₽57145
₽61982
₽90443
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
182 500
income
-
-
-
42 122
unemployment
-
-
-
273
health
-
-
-
17 958
pensions
-
-
-
33 328
total
-
-
-
93 681
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.

44 244
-
157 913
-
unemployment
63
-
220
-
pensions
6 858
-
24 476
-
income
7 630
-
39 033
-
health
2 858
-
10 202
-
total
17 409
-
73 931
-
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.

44 244
-
157 913
-
health
2 947
-
10 517
-
pensions
3 915
-
13 975
-
unemployment
27
-
95
-
total
6 889
-
24 587
-
Corporate
131 367
182 500
-
-
income
24 961
34 674
-
-
total
24 961
34 674
-
-
Dividends
106 407
147 826
-
-
withholding
15 961
22 173
-
-
total
15 961
22 173
-
-
Income
182 500
182 500
182 500
182 500
Total tax
65 220
56 847
98 518
93 681
After tax
117 280
125 653
83 982
88 819
Living cost
26 837
26 837
26 837
26 837
Free-cash
90 443
98 816
57 145
61 982

Estimated living cost  is ₽26837 per week

₽18418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67222
₽125332
₽82311
₽18926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
income
-
-
-
35 573
social contributions
-
-
-
20 805
total
-
-
-
56 378
Employee
62 818
-
-
-
social contributions
5 151
-
734
-
income
13 856
-
-
-
total
19 007
-
734
-
Employer
62 818
-
-
-
social contributions
88 574
-
12 623
-
total
88 574
-
12 623
-
Corporate
31 108
182 500
-
-
income
6 844
40 150
-
-
total
6 844
40 150
-
-
Dividends
24 264
142 350
-
-
income
5 338
31 317
-
-
total
5 338
31 317
-
-
Income
182 500
182 500
182 500
182 500
Total tax
119 763
71 467
13 357
56 378
After tax
62 737
111 033
169 143
126 122
Living cost
43 811
43 811
43 811
43 811
Free-cash
18 926
67 222
125 332
82 311

Estimated living cost  is ₽43811 per week

₽28426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72421
₽52113
₽65952
₽71414
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
182 500
income
-
-
-
21 745
surtax
-
-
-
-
social contributions

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

-
-
-
63 419
total
-
-
-
85 164
Employee
46 017
-
147 474
-
surtax
-
-
-
-
social contributions
5 062
-
16 223
-
income
9 572
-
47 754
-
total
14 634
-
63 977
-
Employer
46 017
-
147 474
-
social contributions
10 929
-
35 026
-
total
10 929
-
35 026
-
Corporate
125 554
182 500
-
-
income
26 366
38 326
-
-
surtax
-
-
-
-
total
26 366
38 326
-
-
Dividends
99 188
144 174
-
-
withholding
27 773
40 369
-
-
total
27 773
40 369
-
-
Income
182 500
182 500
182 500
182 500
Total tax
79 702
78 695
99 003
85 164
After tax
102 798
103 805
83 497
97 336
Living cost
31 384
31 384
31 384
31 384
Free-cash
71 414
72 421
52 113
65 952

Estimated living cost  is ₽31384 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43656
₽51246
₽54418
₽50529
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
income
-
-
-
29 042
other
-
-
-
5 658
surtax
-
-
-
-
social contributions
-
-
-
5 199
health
-
-
-
7 912
pensions
-
-
-
31 946
total
-
-
-
79 757
Employee
62 666
-
141 064
-
pensions
7 088
-
9 883
-
surtax
-
-
-
-
social contributions
1 785
-
4 020
-
income
5 468
-
27 594
-
total
14 341
-
41 497
-
Employer
62 666
-
141 064
-
health
4 386
-
13 138
-
pensions
10 297
-
16 624
-
unemployment
2 539
-
5 713
-
social contributions
188
-
423
-
other
2 163
-
5 534
-
total
19 573
-
41 432
-
Corporate
100 262
182 500
-
-
income
28 073
51 100
-
-
surtax
-
-
-
-
total
28 073
51 100
-
-
Dividends
72 190
131 400
-
-
surtax
-
-
-
-
social contributions
12 418
22 600
-
-
withholding
9 241
16 819
-
-
total
21 659
39 419
-
-
Income
182 500
182 500
182 500
182 500
Total tax
83 646
90 519
82 929
79 757
After tax
98 854
91 981
99 571
102 743
Living cost
48 325
48 325
48 325
48 325
Free-cash
50 529
43 656
51 246
54 418

Estimated living cost  is ₽48325 per week

₽32705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134174
₽108962
₽104115
₽130813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
income
-
-
-
8 159
social contributions
-
-
-
40 150
total
-
-
-
48 309
Employee
32 166
-
158 008
-
income
-
-
8 698
-
social contributions
2 090
-
10 272
-
total
2 090
-
18 970
-
Employer
32 166
-
158 008
-
social contributions
4 986
-
24 492
-
total
4 986
-
24 492
-
Corporate
145 348
182 500
-
-
income
14 535
18 250
-
-
total
14 535
18 250
-
-
Dividends
130 813
164 250
-
-
total
-
-
-
-
Income
182 500
182 500
182 500
182 500
Total tax
21 611
18 250
43 462
48 309
After tax
160 889
164 250
139 038
134 191
Living cost
30 076
30 076
30 076
30 076
Free-cash
130 813
134 174
108 962
104 115

Estimated living cost  is ₽30076 per week

₽19447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35383
-₽35383
₽59106
-₽35383
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
labour market
-
-
-
14 531
municipal
-
-
-
38 204
national
-
-
-
21 631
pensions
-
-
-
867
total
-
-
-
75 233
Employee
203 277
203 277
203 277
-
municipal
43 287
43 287
43 287
-
labour market
16 239
16 239
16 239
-
pensions
289
289
289
-
national
24 834
24 834
24 834
-
total
84 649
84 649
84 649
-
Employer
203 277
203 277
203 277
-
national
24 877
24 877
24 877
-
labour market
16 262
16 262
16 262
-
pensions
578
578
578
-
municipal
43 356
43 356
43 356
-
total
85 073
85 073
85 073
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
182 500
182 500
182 500
182 500
Total tax
169 722
169 722
169 722
75 233
After tax
12 778
12 778
12 778
107 267
Living cost
48 161
48 161
48 161
48 161
Free-cash
-35 383
-35 383
-35 383
59 106

Estimated living cost  is ₽48161 per week

₽32962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7190
₽77295
₽102770
₽11413
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
accident
-
-
-
256
income
-
-
-
50 696
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
57 757
Employee
34 565
-
164 552
-
pensions
3 892
-
7 734
-
income
4 742
-
38 708
-
health
3 958
-
18 841
-
total
12 592
-
65 283
-
Employer
34 565
-
164 552
-
pensions
5 620
-
11 169
-
accident
577
-
2 748
-
unemployment
847
-
4 032
-
total
7 044
-
17 949
-
Corporate
140 890
182 500
-
-
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.

126 801
164 250
-
-
total
126 801
164 250
-
-
Dividends
14 089
18 250
-
-
withholding
2 677
3 467
-
-
total
2 677
3 467
-
-
Income
182 500
182 500
182 500
182 500
Total tax
149 114
167 717
83 232
57 757
After tax
33 386
14 783
99 268
124 743
Living cost
21 973
21 973
21 973
21 973
Free-cash
11 413
-7 190
77 295
102 770

Estimated living cost  is ₽21973 per week

₽15994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75556
₽56926
₽78388
₽78220
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
182 500
health
-
-
-
2 392
municipal
-
-
-
32 419
national
-
-
-
30 887
total
-
-
-
65 698
Employee
52 641
-
153 527
-
municipal
8 622
-
25 004
-
unemployment
790
-
2 303
-
pensions
3 553
-
10 363
-
national
870
-
18 571
-
health
393
-
1 946
-
total
14 228
-
58 187
-
Employer
52 641
-
153 527
-
health
404
-
1 183
-
pensions
9 133
-
26 637
-
accident
53
-
154
-
unemployment
342
-
999
-
total
9 932
-
28 973
-
Corporate
119 927
182 500
-
-
income
23 985
36 499
-
-
total
23 985
36 499
-
-
Dividends

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

71 957
109 501
-
-
municipal
12 953
19 711
-
-
national
4 768
12 320
-
-
total
17 721
32 031
-
-
Income
182 500
182 500
182 500
182 500
Total tax
65 866
68 530
87 160
65 698
After tax
116 634
113 970
95 340
116 802
Living cost
38 414
38 414
38 414
38 414
Free-cash
78 220
75 556
56 926
78 388

Estimated living cost  is ₽38414 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3695
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.
₽9017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109953
₽99670
₽101261
₽104506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
income
-
-
-
37 232
social contributions
-
-
-
16 188
health
-
-
-
4 654
total
-
-
-
58 074
Employee
76 937
76 937
170 730
-
social contributions
2 909
6 385
8 613
-
income
8 377
7 122
36 378
-
health
596
1 308
2 903
-
total
11 882
14 815
47 894
-
Employer
76 937
76 937
170 730
-
health
647
1 424
3 158
-
social contributions
2 909
6 385
8 613
-
total
3 556
7 809
11 771
-
Corporate
143 896
97 754
-
-
income
17 987
12 218
-
-
total
17 987
12 218
-
-
Dividends
125 910
85 535
-
-
withholding
21 404
14 540
-
-
total
21 404
14 540
-
-
Income
182 500
182 500
182 500
182 500
Total tax
54 829
49 382
59 665
58 074
After tax
127 671
133 118
122 835
124 426
Living cost
23 165
23 165
23 165
23 165
Free-cash
104 506
109 953
99 670
101 261

Estimated living cost  is ₽23165 per week

₽13883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135241
₽117912
₽137981
₽130154
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
182 500
income
-
-
-
18 619
unemployment
-
-
-
28
health
-
-
-
3 621
pensions
-
-
-
6 365
total
-
-
-
28 633
Employee

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

22 966
-
172 722
-
unemployment
114
-
475
-
pensions
3 444
-
14 240
-
income
1 570
-
16 139
-
health
1 952
-
8 070
-
total
7 080
-
38 924
-
Employer

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

22 966
-
172 722
-
health
987
-
4 082
-
pensions
1 263
-
5 221
-
unemployment
114
-
475
-
total
2 364
-
9 778
-
Corporate
157 170
182 500
-
-
income
14 145
16 426
-
-
total
14 145
16 426
-
-
Dividends
143 025
166 074
-
-
withholding
12 871
14 947
-
-
total
12 871
14 947
-
-
Income
182 500
182 500
182 500
182 500
Total tax
36 460
31 373
48 702
28 633
After tax
146 040
151 127
133 798
153 867
Living cost
15 886
15 886
15 886
15 886
Free-cash
130 154
135 241
117 912
137 981

Estimated living cost  is ₽15886 per week

₽10135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94058
₽70637
₽74835
₽89642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
accident
-
-
-
835
income
-
-
-
52 330
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
80 151
Employee
36 996
-
152 935
-
other
36
-
93
-
unemployment
573
-
1 437
-
pensions
1 739
-
4 359
-
income
7 133
-
48 895
-
total
9 481
-
54 784
-
Employer
36 996
-
152 935
-
pensions
8 730
-
21 887
-
accident
733
-
1 836
-
unemployment
2 035
-
5 100
-
other
296
-
742
-
total
11 794
-
29 565
-
Corporate
133 709
182 500
-
-
income

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

20 056
27 376
-
-
total
20 056
27 376
-
-
Dividends
113 653
155 124
-
-
withholding
24 013
33 552
-
-
total
24 013
33 552
-
-
Income
182 500
182 500
182 500
182 500
Total tax
65 344
60 928
84 349
80 151
After tax
117 156
121 572
98 151
102 349
Living cost
27 514
27 514
27 514
27 514
Free-cash
89 642
94 058
70 637
74 835

Estimated living cost  is ₽27514 per week

₽18571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111940
₽115408
₽115546
₽111621
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
income
-
-
-
62 573
health
-
-
-
1 026
pensions
-
-
-
1 415
total
-
-
-
65 014
Employee
2 954
-
180 908
-
unemployment
30
-
71
-
pensions
266
-
637
-
income
571
-
62 499
-
health
148
-
354
-
total
1 015
-
63 561
-
Employer
2 954
-
180 908
-
health
281
-
672
-
pensions
325
-
778
-
unemployment
59
-
141
-
total
665
-
1 591
-
Corporate
178 881
182 500
-
-
income
39 354
40 150
-
-
total
39 354
40 150
-
-
Dividends
139 527
142 350
-
-
withholding
27 905
28 470
-
-
total
27 905
28 470
-
-
Income
182 500
182 500
182 500
182 500
Total tax
68 939
68 620
65 152
65 014
After tax
113 561
113 880
117 348
117 486
Living cost
1 940
1 940
1 940
1 940
Free-cash
111 621
111 940
115 408
115 546

Estimated living cost  is ₽1940 per week

₽1153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114554
₽95803
₽95804
₽109630
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
182 500
income
-
-
-
41 446
unemployment
-
-
-
1 109
health
-
-
-
7 615
pensions
-
-
-
19 224
total
-
-
-
69 394
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.

26 090
-
169 265
-
unemployment
196
-
555
-
pensions
3 653
-
10 351
-
income
3 596
-
41 446
-
health
1 344
-
3 808
-
total
8 789
-
56 160
-
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.

26 090
-
169 265
-
health
1 344
-
3 808
-
pensions
3 131
-
8 872
-
unemployment
196
-
555
-
total
4 671
-
13 235
-
Corporate
151 740
182 500
-
-
income
22 761
27 375
-
-
total
22 761
27 375
-
-
Dividends
128 979
155 125
-
-
withholding
19 347
23 269
-
-
total
19 347
23 269
-
-
Income
182 500
182 500
182 500
182 500
Total tax
55 568
50 644
69 395
69 394
After tax
126 932
131 856
113 105
113 106
Living cost
17 302
17 302
17 302
17 302
Free-cash
109 630
114 554
95 803
95 804

Estimated living cost  is ₽17302 per week

₽11649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76831
₽56523
₽70362
₽76470
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
182 500
income
-
-
-
21 745
surtax
-
-
-
-
social contributions

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

-
-
-
63 419
total
-
-
-
85 164
Employee
38 833
-
147 474
-
surtax
-
-
-
-
social contributions
4 272
-
16 223
-
income
7 588
-
47 754
-
total
11 860
-
63 977
-
Employer
38 833
-
147 474
-
social contributions
9 222
-
35 026
-
total
9 222
-
35 026
-
Corporate
134 445
182 500
-
-
income
28 234
38 326
-
-
surtax
-
-
-
-
total
28 234
38 326
-
-
Dividends
106 211
144 174
-
-
withholding
29 740
40 369
-
-
total
29 740
40 369
-
-
Income
182 500
182 500
182 500
182 500
Total tax
79 056
78 695
99 003
85 164
After tax
103 444
103 805
83 497
97 336
Living cost
26 974
26 974
26 974
26 974
Free-cash
76 470
76 831
56 523
70 362

Estimated living cost  is ₽26974 per week

₽19105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86408
₽62988
₽67186
₽79863
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
accident
-
-
-
835
income
-
-
-
52 330
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
80 151
Employee
48 322
-
152 935
-
other
47
-
93
-
unemployment
748
-
1 437
-
pensions
2 271
-
4 359
-
income
10 093
-
48 895
-
total
13 159
-
54 784
-
Employer
48 322
-
152 935
-
pensions
11 404
-
21 887
-
accident
957
-
1 836
-
unemployment
2 658
-
5 100
-
other
387
-
742
-
total
15 406
-
29 565
-
Corporate
118 772
182 500
-
-
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.

17 816
27 376
-
-
total
17 816
27 376
-
-
Dividends
100 957
155 124
-
-
withholding
21 093
33 552
-
-
total
21 093
33 552
-
-
Income
182 500
182 500
182 500
182 500
Total tax
67 474
60 928
84 349
80 151
After tax
115 026
121 572
98 151
102 349
Living cost
35 164
35 164
35 164
35 164
Free-cash
79 863
86 408
62 988
67 186

Estimated living cost  is ₽35164 per week

₽25253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2734
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.
₽6682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138832
₽135816
₽128591
₽132737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
income
-
-
-
27 375
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
36 704
Employee
22 782
-
175 646
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
pensions

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

2 000
-
3 068
-
income
2 279
-
17 565
-
health
1 048
-
1 607
-
total
5 577
-
22 624
-
Employer
22 782
-
175 646
-
health
1 572
-
2 411
-
pensions

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

2 511
-
3 850
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
unemployment
137
-
210
-
total
4 470
-
6 855
-
Corporate
155 248
182 500
-
-
income
15 525
18 250
-
-
total
15 525
18 250
-
-
Dividends
139 723
164 250
-
-
withholding
6 986
8 213
-
-
total
6 986
8 213
-
-
Income
182 500
182 500
182 500
182 500
Total tax
32 558
26 463
29 479
36 704
After tax
149 942
156 037
153 021
145 796
Living cost
17 205
17 205
17 205
17 205
Free-cash
132 737
138 832
135 816
128 591

Estimated living cost  is ₽17205 per week

₽11379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
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.
₽4431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55282
₽76791
₽57278
₽68373
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
182 500
income

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

-
-
-
57 106
surtax

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

-
-
-
3 140
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.

-
-
-
6 835
trade
-
-
-
19 513
total
-
-
-
86 594
Employee

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

49 783
-
182 500
-
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.

226
-
3 140
-
income

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

4 094
-
57 106
-
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.

6 835
-
6 835
-
total
11 155
-
67 081
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
132 717
182 500
-
-
income
19 908
27 376
-
-
surtax

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

1 096
1 506
-
-
chamber of commerce
346
420
-
-
trade
19 044
26 189
-
-
total
40 394
55 491
-
-
Dividends
92 323
127 010
-
-
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.

1 249
1 726
-
-
withholding
22 701
31 373
-
-
total
23 950
33 099
-
-
Income
182 500
182 500
182 500
182 500
Total tax
75 499
88 590
67 081
86 594
After tax
107 001
93 910
115 419
95 906
Living cost
38 628
38 628
38 628
38 628
Free-cash
68 373
55 282
76 791
57 278

Estimated living cost  is ₽38628 per week

₽26647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70756
₽38450
₽38450
₽72965
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
income
-
-
-
56 462
social contributions
-
-
-
30 593
total
-
-
-
87 055
Employee
78 265
-
182 500
-
income
14 768
-
56 462
-
social contributions
6 502
-
30 593
-
total
21 270
-
87 055
-
Employer
78 265
-
182 500
-
total
-
-
-
-
Corporate
104 235
182 500
-
-
income
13 029
22 813
-
-
total
13 029
22 813
-
-
Dividends
91 206
159 687
-
-
withholding
18 241
31 936
-
-
total
18 241
31 936
-
-
Income
182 500
182 500
182 500
182 500
Total tax
52 540
54 749
87 055
87 055
After tax
129 960
127 751
95 445
95 445
Living cost
56 995
56 995
56 995
56 995
Free-cash
72 965
70 756
38 450
38 450

Estimated living cost  is ₽56995 per week

₽43361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8445
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77019
₽93061
₽111680
₽80514
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
182 500
income
-
-
-
28 481
health

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

-
-
-
6 019
total
-
-
-
34 500
Employee
45 899
-
177 898
-
income
4 980
-
43 915
-
social contributions
4 599
-
4 602
-
total
9 579
-
48 517
-
Employer
45 899
-
177 898
-
social contributions
4 599
-
4 602
-
total
4 599
-
4 602
-
Corporate
132 002
182 500
-
-
income
46 202
63 875
-
-
total
46 202
63 875
-
-
Dividends
85 801
118 625
-
-
social contributions
5 286
5 286
-
-
total
5 286
5 286
-
-
Income
182 500
182 500
182 500
182 500
Total tax
65 666
69 161
53 119
34 500
After tax
116 834
113 339
129 381
148 000
Living cost
36 320
36 320
36 320
36 320
Free-cash
80 514
77 019
93 061
111 680

Estimated living cost  is ₽36320 per week

₽23924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2863
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.
₽8975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81783
₽67120
₽83596
₽87657
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
income
-
-
-
52 988
pensions
-
-
-
9 078
total
-
-
-
62 066
Employee
50 566
-
159 352
-
pensions
3 859
-
11 109
-
income
9 208
-
42 004
-
health
660
-
2 281
-
total
13 727
-
55 394
-
Employer
50 566
-
159 352
-
health
961
-
3 027
-
pensions
5 109
-
20 121
-
total
6 070
-
23 148
-
Corporate
125 864
182 500
-
-
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.

23 914
34 676
-
-
total
23 914
34 676
-
-
Dividends
101 950
147 824
-
-
withholding
14 294
29 203
-
-
total
14 294
29 203
-
-
Income
182 500
182 500
182 500
182 500
Total tax
58 005
63 879
78 542
62 066
After tax
124 495
118 621
103 958
120 434
Living cost
36 838
36 838
36 838
36 838
Free-cash
87 657
81 783
67 120
83 596

Estimated living cost  is ₽36838 per week

₽25271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3388
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9366
₽75119
₽100594
₽11080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
accident
-
-
-
256
income
-
-
-
50 696
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
57 757
Employee
37 987
-
164 552
-
pensions
4 277
-
7 734
-
income
5 211
-
38 708
-
health
4 349
-
18 841
-
total
13 837
-
65 283
-
Employer
37 987
-
164 552
-
pensions
6 176
-
11 169
-
accident
634
-
2 748
-
unemployment
931
-
4 032
-
total
7 741
-
17 949
-
Corporate
136 772
182 500
-
-
income

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

123 094
164 250
-
-
total
123 094
164 250
-
-
Dividends
13 677
18 250
-
-
withholding
2 599
3 467
-
-
total
2 599
3 467
-
-
Income
182 500
182 500
182 500
182 500
Total tax
147 271
167 717
83 232
57 757
After tax
35 229
14 783
99 268
124 743
Living cost
24 149
24 149
24 149
24 149
Free-cash
11 080
-9 366
75 119
100 594

Estimated living cost  is ₽24149 per week

₽17722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1407
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.
₽4532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140060
₽116801
₽94800
₽135379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
182 500
income
-
-
-
30 185
unemployment
-
-
-
1 920
work injury
-
-
-
800
health insurance
-
-
-
11 840
pensions
-
-
-
29 441
total
-
-
-
74 186
Employee

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

21 623
-
182 500
-
health insurance
1 600
-
5 920
-
unemployment
259
-
960
-
work injury
108
-
400
-
pensions
3 979
-
14 720
-
income
2 162
-
30 185
-
total
8 108
-
52 185
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
160 877
182 500
-
-
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%.

1 609
1 825
-
-
total
1 609
1 825
-
-
Dividends
159 268
180 675
-
-
withholding
23 890
27 101
-
-
total
23 890
27 101
-
-
Income
182 500
182 500
182 500
182 500
Total tax
33 607
28 926
52 185
74 186
After tax
148 893
153 574
130 315
108 314
Living cost
13 514
13 514
13 514
13 514
Free-cash
135 379
140 060
116 801
94 800

Estimated living cost  is ₽13514 per week

₽8372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56270
₽36825
₽44833
₽51717
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
182 500
social contributions
-
-
-
46 938
regional
-
-
-
4 188
municipal
-
-
-
1 221
national
-
-
-
45 461
total
-
-
-
97 808
Employee
84 312
-
182 500
-
municipal
503
-
1 088
-
national
14 248
-
39 474
-
regional
1 273
-
3 715
-
social contributions
28 430
-
61 539
-
total
44 454
-
105 816
-
Employer
84 312
-
182 500
-
total
-
-
-
-
Corporate
98 188
182 500
-
-
municipal
4 734
8 797
-
-
nationa
23 565
43 800
-
-
total
28 299
52 597
-
-
Dividends
69 889
129 904
-
-
withholding
18 171
33 774
-
-
total
18 171
33 774
-
-
Income
182 500
182 500
182 500
182 500
Total tax
90 924
86 371
105 816
97 808
After tax
91 576
96 129
76 684
84 692
Living cost
39 859
39 859
39 859
39 859
Free-cash
51 717
56 270
36 825
44 833

Estimated living cost  is ₽39859 per week

₽27999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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