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
₽63599
₽86141
₽64268
₽73978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
58 322
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.

-
-
-
3 207
health

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

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

-
-
-
6 410
trade
-
-
-
21 873
total
-
-
-
89 812
Employee

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

35 888
-
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.

55
-
3 207
-
income

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

1 002
-
58 322
-
health

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

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

6 410
-
6 410
-
total
7 467
-
67 939
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
146 612
182 500
-
-
income
21 992
27 375
-
-
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.

1 209
1 506
-
-
chamber of commerce
353
404
-
-
trade
23 091
28 744
-
-
total
46 645
58 029
-
-
Dividends
99 967
124 470
-
-
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.

1 355
1 692
-
-
withholding
24 635
30 760
-
-
total
25 990
32 452
-
-
Income
182 500
182 500
182 500
182 500
Total tax
80 102
90 481
67 939
89 812
After tax
102 398
92 019
114 561
92 688
Living cost
28 420
28 420
28 420
28 420
Free-cash
73 978
63 599
86 141
64 268

Estimated living cost  is ₽28420 per week

₽17877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₽63924
₽57827
₽56848
₽63094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 056
national
-
-
-
31 778
pensions
-
-
-
21 900
total
-
-
-
75 696
Employee
77 442
-
157 770
-
municipal
9 565
-
20 762
-
pensions
3 098
-
6 311
-
national
14 822
-
33 326
-
total
27 485
-
60 399
-
Employer
77 442
-
157 770
-
pensions
6 195
-
12 622
-
social contributions
832
-
1 696
-
total
7 027
-
14 318
-
Corporate
92 919
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%.

18 584
36 500
-
-
total
18 584
36 500
-
-
Dividends
74 336
146 000
-
-
withholding
16 354
32 120
-
-
total
16 354
32 120
-
-
Income
182 500
182 500
182 500
182 500
Total tax
69 450
68 620
74 717
75 696
After tax
113 050
113 880
107 783
106 804
Living cost
49 956
49 956
49 956
49 956
Free-cash
63 094
63 924
57 827
56 848

Estimated living cost  is ₽49956 per week

₽33955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽126478
₽58322
₽44935
₽118783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 555
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.

-
-
-
35 951
microenterprise
-
-
-
-
total
-
-
-
118 044
Employee
27 418
-
140 145
-
surtax
-
-
20 320
-
social contributions

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

3 016
-
12 300
-
income
4 881
-
29 681
-
total
7 897
-
62 301
-
Employer
27 418
-
140 145
-
social contributions

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

6 604
-
26 939
-
surtax
-
-
15 417
-
total
6 604
-
42 356
-
Corporate
148 478
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%.

29 695
36 501
-
-
total
29 695
36 501
-
-
Dividends

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

118 783
145 999
-
-
total
-
-
-
-
Income
182 500
182 500
182 500
182 500
Total tax
44 196
36 501
104 657
118 044
After tax
138 304
145 999
77 843
64 456
Living cost
19 521
19 521
19 521
19 521
Free-cash
118 783
126 478
58 322
44 935

Estimated living cost  is ₽19521 per week

₽12454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽51304
₽76584
₽60250
₽45554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
60 380
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
82 943
Employee
80 127
80 127
165 062
-
pensions
14 423
10 993
10 993
-
income

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

13 116
13 116
26 609
-
health
12 299
10 461
11 570
-
total
39 838
34 570
49 172
-
Employer
80 127
80 127
165 062
-
health
5 570
5 570
6 921
-
pensions
5 577
5 577
6 932
-
unemployment
2 885
2 885
3 584
-
total
14 032
14 032
17 437
-
Corporate
89 324
88 341
-
-
income
17 865
17 669
-
-
total
17 865
17 669
-
-
Dividends
71 459
70 672
-
-
income
15 185
15 018
-
-
withholding
10 719
10 600
-
-
total
25 904
25 618
-
-
Income
182 500
182 500
182 500
182 500
Total tax
97 639
91 889
66 609
82 943
After tax
84 861
90 611
115 891
99 557
Living cost
39 307
39 307
39 307
39 307
Free-cash
45 554
51 304
76 584
60 250

Estimated living cost  is ₽39307 per week

₽27856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽62161
₽54270
₽55178
₽61320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
164
other
-
-
-
9 546
unemployment
-
-
-
82
health
-
-
-
5 126
municipal
-
-
-
47 325
national
-
-
-
18 714
pensions
-
-
-
8 881
total
-
-
-
89 838
Employee
53 411
-
156 688
-
municipal
15 927
-
46 724
-
national
-
-
18 210
-
total
15 927
-
64 934
-
Employer
53 411
-
156 688
-
health
3 285
-
5 052
-
pensions
5 774
-
8 881
-
accident
107
-
164
-
unemployment
1 410
-
2 169
-
other
6 206
-
9 546
-
total
16 782
-
25 812
-
Corporate
112 307
182 500
-
-
income
24 707
40 150
-
-
total
24 707
40 150
-
-
Dividends
87 599
142 350
-
-
withholding
26 280
42 705
-
-
total
26 280
42 705
-
-
Income
182 500
182 500
182 500
182 500
Total tax
83 696
82 855
90 746
89 838
After tax
98 804
99 645
91 754
92 662
Living cost
37 484
37 484
37 484
37 484
Free-cash
61 320
62 161
54 270
55 178

Estimated living cost  is ₽37484 per week

₽24843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽54221
₽77700
₽54855
₽67402
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
58 322
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.

-
-
-
3 207
health

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

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

-
-
-
6 410
trade
-
-
-
22 845
total
-
-
-
90 784
Employee

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

47 583
-
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.

224
-
3 207
-
income

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

4 088
-
58 322
-
health

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

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

6 410
-
6 410
-
total
10 722
-
67 939
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
134 917
182 500
-
-
income
20 237
27 375
-
-
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.

1 113
1 506
-
-
chamber of commerce
335
402
-
-
trade
22 194
30 021
-
-
total
43 879
59 304
-
-
Dividends
91 039
123 195
-
-
surtax

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

1 232
1 674
-
-
withholding
22 404
30 441
-
-
total
23 636
32 115
-
-
Income
182 500
182 500
182 500
182 500
Total tax
78 237
91 419
67 939
90 784
After tax
104 263
91 081
114 561
91 716
Living cost
36 860
36 860
36 860
36 860
Free-cash
67 402
54 221
77 700
54 855

Estimated living cost  is ₽36860 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₽102646
₽91885
₽93441
₽98754
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 789
social contributions
-
-
-
15 181
health
-
-
-
4 655
total
-
-
-
58 625
Employee
72 151
72 151
171 255
-
social contributions
3 506
5 988
8 077
-
income
7 576
6 679
37 948
-
health
718
1 227
2 911
-
total
11 800
13 894
48 936
-
Employer
72 151
72 151
171 255
-
health
782
1 335
3 168
-
social contributions
3 506
5 988
8 077
-
total
4 288
7 323
11 245
-
Corporate
135 978
103 025
-
-
income
16 998
12 877
-
-
total
16 998
12 877
-
-
Dividends
118 981
90 148
-
-
withholding
20 226
15 326
-
-
total
20 226
15 326
-
-
Income
182 500
182 500
182 500
182 500
Total tax
53 312
49 420
60 181
58 625
After tax
129 188
133 080
122 319
123 875
Living cost
30 434
30 434
30 434
30 434
Free-cash
98 754
102 646
91 885
93 441

Estimated living cost  is ₽30434 per week

₽20805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽85661
₽88980
₽109610
₽86010
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 737
health
-
-
-
12 775
pensions
-
-
-
18 250
total
-
-
-
56 073
Employee

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

The minimum wage is 138,000 HUF per month.

24 275
9 661
152 720
-
unemployment
364
145
2 291
-
pensions
2 428
966
15 272
-
income
2 968
1 181
18 670
-
health
1 699
676
10 690
-
total
7 459
2 968
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.

24 275
9 661
152 720
-
pensions
4 734
1 884
29 780
-
total
4 734
1 884
29 780
-
Corporate
153 491
170 955
-
-
income
13 814
15 386
-
-
total
13 814
15 386
-
-
Dividends
139 677
155 569
-
-
social contributions
27 127
30 226
-
-
withholding
26 539
29 558
-
-
total
53 666
59 784
-
-
Income
182 500
182 500
182 500
182 500
Total tax
79 673
80 022
76 703
56 073
After tax
102 827
102 478
105 797
126 427
Living cost
16 817
16 817
16 817
16 817
Free-cash
86 010
85 661
88 980
109 610

Estimated living cost  is ₽16817 per week

₽11476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽123335
₽82525
₽75155
₽117507
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 725
pensions
-
-
-
36 501
total
-
-
-
84 681
Employee
26 618
-
136 398
-
unemployment
426
-
2 183
-
pensions
532
-
2 728
-
income
2 997
-
26 298
-
total
3 955
-
31 209
-
Employer
26 618
-
136 398
-
health
3 460
-
17 731
-
pensions
5 324
-
27 279
-
unemployment
214
-
1 092
-
total
8 998
-
46 102
-
Corporate
146 884
182 500
-
-
income
29 376
36 501
-
-
total
29 376
36 501
-
-
Dividends
117 508
145 999
-
-
total
-
-
-
-
Income
182 500
182 500
182 500
182 500
Total tax
42 329
36 501
77 311
84 681
After tax
140 171
145 999
105 189
97 819
Living cost
22 664
22 664
22 664
22 664
Free-cash
117 507
123 335
82 525
75 155

Estimated living cost  is ₽22664 per week

₽15545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽6166
₽78702
₽103756
₽11570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
51 164
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
57 796
Employee
32 952
-
165 203
-
pensions
3 710
-
7 264
-
income
4 521
-
39 374
-
health
3 773
-
18 916
-
total
12 004
-
65 554
-
Employer
32 952
-
165 203
-
pensions
5 358
-
10 490
-
accident
550
-
2 759
-
unemployment
807
-
4 047
-
total
6 715
-
17 296
-
Corporate
142 832
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.

128 549
164 250
-
-
total
128 549
164 250
-
-
Dividends
14 283
18 250
-
-
withholding
2 714
3 468
-
-
total
2 714
3 468
-
-
Income
182 500
182 500
182 500
182 500
Total tax
149 982
167 718
82 850
57 796
After tax
32 518
14 782
99 650
124 704
Living cost
20 948
20 948
20 948
20 948
Free-cash
11 570
-6 166
78 702
103 756

Estimated living cost  is ₽20948 per week

₽15353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
₽165814
₽138439
₽173114
₽164397
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 450
-
182 500
-
income
1 890
-
36 500
-
total
1 890
-
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%.

173 050
182 500
-
-
total
-
-
-
-
Dividends
173 050
182 500
-
-
withholding
8 652
9 125
-
-
total
8 652
9 125
-
-
Income
182 500
182 500
182 500
182 500
Total tax
10 542
9 125
36 500
1 825
After tax
171 958
173 375
146 000
180 675
Living cost
7 561
7 561
7 561
7 561
Free-cash
164 397
165 814
138 439
173 114

Estimated living cost  is ₽7561 per week

₽4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽109080
₽78796
₽80369
₽102746
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 829
other
-
-
-
6 777
health
-
-
-
6 278
pensions

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

-
-
-
34 245
total
-
-
-
77 129
Employee
34 069
-
146 514
-
unemployment
340
-
1 426
-
pensions

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

2 384
-
9 987
-
income
5 865
-
29 305
-
health
477
-
1 998
-
total
9 066
-
42 716
-
Employer
34 069
-
146 514
-
health
477
-
1 998
-
pensions

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

5 792
-
24 257
-
accident
272
-
1 172
-
unemployment
340
-
1 426
-
other
1 704
-
7 133
-
total
8 585
-
35 986
-
Corporate
139 845
182 500
-
-
income
29 368
38 326
-
-
total
29 368
38 326
-
-
Dividends
110 477
144 174
-
-
withholding
7 733
10 092
-
-
total
7 733
10 092
-
-
Income
182 500
182 500
182 500
182 500
Total tax
54 752
48 418
78 702
77 129
After tax
127 748
134 082
103 798
105 371
Living cost
25 002
25 002
25 002
25 002
Free-cash
102 746
109 080
78 796
80 369

Estimated living cost  is ₽25002 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽54899
₽40605
₽57028
₽61179
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 004
pensions
-
-
-
8 782
total
-
-
-
62 786
Employee
88 691
-
159 263
-
pensions
8 556
-
10 672
-
income
15 987
-
43 058
-
health
1 461
-
2 242
-
total
26 004
-
55 972
-
Employer
88 691
-
159 263
-
health
1 684
-
3 026
-
pensions
10 472
-
20 211
-
total
12 156
-
23 237
-
Corporate
81 653
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.

15 515
34 675
-
-
total
15 515
34 675
-
-
Dividends
66 138
147 825
-
-
withholding
4 960
30 240
-
-
total
4 960
30 240
-
-
Income
182 500
182 500
182 500
182 500
Total tax
58 635
64 915
79 209
62 786
After tax
123 865
117 585
103 291
119 714
Living cost
62 686
62 686
62 686
62 686
Free-cash
61 179
54 899
40 605
57 028

Estimated living cost  is ₽62686 per week

₽46972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽143738
₽141421
₽134077
₽139382
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
36 124
Employee
16 286
-
176 071
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 877
-
income
1 628
-
17 607
-
health
749
-
1 507
-
total
3 986
-
22 351
-
Employer
16 286
-
176 071
-
health
1 124
-
2 261
-
pensions

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

1 795
-
3 611
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
unemployment
97
-
197
-
total
3 195
-
6 429
-
Corporate
163 018
182 500
-
-
income
16 302
18 250
-
-
total
16 302
18 250
-
-
Dividends
146 717
164 250
-
-
withholding
7 336
8 213
-
-
total
7 336
8 213
-
-
Income
182 500
182 500
182 500
182 500
Total tax
30 819
26 463
28 780
36 124
After tax
151 681
156 037
153 720
146 376
Living cost
12 299
12 299
12 299
12 299
Free-cash
139 382
143 738
141 421
134 077

Estimated living cost  is ₽12299 per week

₽7181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽38581
₽63861
₽47527
₽40941
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
60 380
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
82 943
Employee
86 993
80 127
165 062
-
pensions
10 993
10 993
10 993
-
income

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

13 116
13 116
26 609
-
health
10 853
10 461
11 570
-
total
34 962
34 570
49 172
-
Employer
86 993
80 127
165 062
-
health
6 045
5 570
6 921
-
pensions
6 054
5 577
6 932
-
unemployment
3 132
2 885
3 584
-
total
15 231
14 032
17 437
-
Corporate
80 276
88 341
-
-
income
16 056
17 669
-
-
total
16 056
17 669
-
-
Dividends
64 220
70 672
-
-
income
13 647
15 018
-
-
withholding
9 633
10 600
-
-
total
23 280
25 618
-
-
Income
182 500
182 500
182 500
182 500
Total tax
89 529
91 889
66 609
82 943
After tax
92 971
90 611
115 891
99 557
Living cost
52 030
52 030
52 030
52 030
Free-cash
40 941
38 581
63 861
47 527

Estimated living cost  is ₽52030 per week

₽38381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽102640
₽74595
₽82233
₽94431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 713
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
795
health
-
-
-
24 637
total
-
-
-
77 256
Employee
33 839
-
141 423
-
solidarity contribution
-
-
110
-
social contributions
2 200
-
7 371
-
income
4 061
-
17 244
-
health
4 568
-
19 092
-
total
10 829
-
43 817
-
Employer
33 839
-
141 423
-
health
3 045
-
12 728
-
social contributions
8 460
-
28 349
-
total
11 505
-
41 077
-
Corporate
137 156
182 500
-
-
income
26 060
34 675
-
-
total
26 060
34 675
-
-
Dividends
111 096
147 825
-
-
withholding
16 664
22 174
-
-
total
16 664
22 174
-
-
Income
182 500
182 500
182 500
182 500
Total tax
65 058
56 849
84 894
77 256
After tax
117 442
125 651
97 606
105 244
Living cost
23 011
23 011
23 011
23 011
Free-cash
94 431
102 640
74 595
82 233

Estimated living cost  is ₽23011 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽57780
₽38377
₽46581
₽52879
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 939
regional
-
-
-
2 173
municipal
-
-
-
1 084
national
-
-
-
46 130
total
-
-
-
96 326
Employee
83 391
-
182 500
-
municipal
442
-
967
-
national
14 450
-
40 103
-
regional
787
-
1 920
-
social contributions
28 119
-
61 540
-
total
43 798
-
104 530
-
Employer
83 391
-
182 500
-
total
-
-
-
-
Corporate
99 109
182 500
-
-
municipal
3 866
7 117
-
-
nationa
23 785
43 799
-
-
total
27 651
50 916
-
-
Dividends
71 458
131 583
-
-
withholding
18 579
34 211
-
-
total
18 579
34 211
-
-
Income
182 500
182 500
182 500
182 500
Total tax
90 028
85 127
104 530
96 326
After tax
92 472
97 373
77 970
86 174
Living cost
39 593
39 593
39 593
39 593
Free-cash
52 879
57 780
38 377
46 581

Estimated living cost  is ₽39593 per week

₽27599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽94087
₽59693
₽65430
₽91168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 580
other
-
-
-
-
surtax
-
-
-
8 634
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
96 365
Employee
31 029
-
156 140
-
other
-
-
-
-
unemployment
2 160
-
8 716
-
pensions
2 069
-
8 353
-
surtax
101
-
7 512
-
income
5 201
-
47 968
-
health
792
-
3 193
-
total
10 323
-
75 742
-
Employer
31 029
-
156 140
-
health
1 412
-
5 698
-
pensions
4 136
-
16 693
-
unemployment
983
-
3 969
-
other
-
-
-
-
total
6 531
-
26 360
-
Corporate
144 940
182 500
-
-
income
37 685
47 450
-
-
total
37 685
47 450
-
-
Dividends
107 255
135 050
-
-
withholding
16 088
20 258
-
-
total
16 088
20 258
-
-
Income
182 500
182 500
182 500
182 500
Total tax
70 627
67 708
102 102
96 365
After tax
111 873
114 792
80 398
86 135
Living cost
20 705
20 705
20 705
20 705
Free-cash
91 168
94 087
59 693
65 430

Estimated living cost  is ₽20705 per week

₽12660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽74760
₽60466
₽76889
₽80953
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 004
pensions
-
-
-
8 782
total
-
-
-
62 786
Employee
59 438
-
159 263
-
pensions
5 045
-
10 672
-
income
10 705
-
43 058
-
health
863
-
2 242
-
total
16 613
-
55 972
-
Employer
59 438
-
159 263
-
health
1 129
-
3 026
-
pensions
6 434
-
20 211
-
total
7 563
-
23 237
-
Corporate
115 498
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.

21 945
34 675
-
-
total
21 945
34 675
-
-
Dividends
93 554
147 825
-
-
withholding
12 601
30 240
-
-
total
12 601
30 240
-
-
Income
182 500
182 500
182 500
182 500
Total tax
58 722
64 915
79 209
62 786
After tax
123 778
117 585
103 291
119 714
Living cost
42 825
42 825
42 825
42 825
Free-cash
80 953
74 760
60 466
76 889

Estimated living cost  is ₽42825 per week

₽32084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
₽9367
₽64573
₽72656
₽41068
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 650
regional
-
-
-
9 404
health
-
-
-
411
city
-
-
-
1 924
national
-
-
-
3 579
pensions
-
-
-
16 790
total
-
-
-
35 758
Employee
86 700
-
163 424
-
unemployment
-
-
-
-
pensions
7 284
-
13 641
-
national
410
-
2 660
-
regional
2 839
-
8 140
-
city
930
-
1 756
-
health
196
-
367
-
total
11 659
-
26 564
-
Employer
86 700
-
163 424
-
health
196
-
367
-
pensions
7 284
-
13 641
-
unemployment
-
-
-
-
other

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

1 733
-
3 269
-
total
9 213
-
17 277
-
Corporate
85 634
182 500
-
-
regional
18 111
38 598
-
-
national
7 278
15 512
-
-
total
25 389
54 110
-
-
Dividends
60 245
128 390
-
-
withholding
21 085
44 937
-
-
total
21 085
44 937
-
-
Income
182 500
182 500
182 500
182 500
Total tax
67 346
99 047
43 841
35 758
After tax
115 154
83 453
138 659
146 742
Living cost
74 086
74 086
74 086
74 086
Free-cash
41 068
9 367
64 573
72 656

Estimated living cost  is ₽74086 per week

₽48177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽910
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽47157
₽71577
₽47760
₽62373
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
58 322
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.

-
-
-
3 207
health

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

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

-
-
-
6 410
trade
-
-
-
23 817
total
-
-
-
91 756
Employee

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

56 390
-
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.

365
-
3 207
-
income

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

6 631
-
58 322
-
health

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

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

6 410
-
6 410
-
total
13 406
-
67 939
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
126 110
182 500
-
-
income
18 917
27 375
-
-
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.

1 040
1 506
-
-
chamber of commerce
321
399
-
-
trade
21 627
31 300
-
-
total
41 905
60 580
-
-
Dividends
84 205
121 920
-
-
surtax

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

1 138
1 656
-
-
withholding
20 694
30 123
-
-
total
21 832
31 779
-
-
Income
182 500
182 500
182 500
182 500
Total tax
77 143
92 359
67 939
91 756
After tax
105 357
90 141
114 561
90 744
Living cost
42 984
42 984
42 984
42 984
Free-cash
62 373
47 157
71 577
47 760

Estimated living cost  is ₽42984 per week

₽31394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Munich model

Close
Nice , France
₽59876
₽66235
₽70242
₽65420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 145
other
-
-
-
5 657
surtax
-
-
-
-
social contributions
-
-
-
5 199
health
-
-
-
8 255
pensions
-
-
-
30 899
total
-
-
-
80 155
Employee
40 158
-
140 453
-
pensions
4 541
-
10 094
-
surtax
-
-
-
-
social contributions
1 145
-
4 001
-
income
2 370
-
28 021
-
total
8 056
-
42 116
-
Employer
40 158
-
140 453
-
health
2 812
-
13 382
-
pensions
6 597
-
16 934
-
unemployment
1 626
-
5 689
-
social contributions
121
-
422
-
other
1 385
-
5 619
-
total
12 541
-
42 046
-
Corporate
129 801
182 500
-
-
income
36 344
51 100
-
-
surtax
-
-
-
-
total
36 344
51 100
-
-
Dividends
93 457
131 400
-
-
surtax
-
-
-
-
social contributions
16 074
22 601
-
-
withholding
11 962
16 820
-
-
total
28 036
39 421
-
-
Income
182 500
182 500
182 500
182 500
Total tax
84 977
90 521
84 162
80 155
After tax
97 523
91 979
98 338
102 345
Living cost
32 103
32 103
32 103
32 103
Free-cash
65 420
59 876
66 235
70 242

Estimated living cost  is ₽32103 per week

₽20242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽63057
₽69416
₽73423
₽68271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 145
other
-
-
-
5 657
surtax
-
-
-
-
social contributions
-
-
-
5 199
health
-
-
-
8 255
pensions
-
-
-
30 899
total
-
-
-
80 155
Employee
35 847
-
140 453
-
pensions
4 054
-
10 094
-
surtax
-
-
-
-
social contributions
1 022
-
4 001
-
income
1 848
-
28 021
-
total
6 924
-
42 116
-
Employer
35 847
-
140 453
-
health
2 509
-
13 382
-
pensions
5 890
-
16 934
-
unemployment
1 451
-
5 689
-
social contributions
107
-
422
-
other
1 238
-
5 619
-
total
11 195
-
42 046
-
Corporate
135 459
182 500
-
-
income
37 929
51 100
-
-
surtax
-
-
-
-
total
37 929
51 100
-
-
Dividends
97 530
131 400
-
-
surtax
-
-
-
-
social contributions
16 775
22 601
-
-
withholding
12 484
16 820
-
-
total
29 259
39 421
-
-
Income
182 500
182 500
182 500
182 500
Total tax
85 307
90 521
84 162
80 155
After tax
97 193
91 979
98 338
102 345
Living cost
28 922
28 922
28 922
28 922
Free-cash
68 271
63 057
69 416
73 423

Estimated living cost  is ₽28922 per week

₽16773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽91445
₽93036
₽97306
₽91932
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
25 185
health
-
-
-
12 738
total
-
-
-
65 298
Employee
31 814
-
182 500
-
social contributions
4 391
-
25 185
-
income
5 306
-
31 645
-
health
2 220
-
12 738
-
total
11 917
-
69 568
-
Employer
31 814
-
182 500
-
total
-
-
-
-
Corporate
150 686
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%.

7 534
9 126
-
-
total
7 534
9 126
-
-
Dividends
143 152
173 374
-
-
social contributions
19 756
23 926
-
-
withholding
21 472
26 006
-
-
health
9 993
12 101
-
-
total
51 221
62 033
-
-
Income
182 500
182 500
182 500
182 500
Total tax
70 672
71 159
69 568
65 298
After tax
111 828
111 341
112 932
117 202
Living cost
19 896
19 896
19 896
19 896
Free-cash
91 932
91 445
93 036
97 306

Estimated living cost  is ₽19896 per week

₽13315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽67749
₽15087
₽60654
₽66299
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 450
surtax
-
-
-
185
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
730
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
88 784
Employee
46 892
37 393
147 969
-
other
468
374
1 097
-
unemployment
1 407
1 122
3 289
-
pensions
4 802
3 828
11 225
-
income
5 338
2 758
43 867
-
health
1 814
1 448
4 241
-
total
13 829
9 530
63 719
-
Employer
46 892
37 393
147 969
-
chamber of commerce
187
150
591
-
health
1 772
1 414
4 143
-
pensions
5 885
4 694
13 757
-
accident
609
486
1 424
-
unemployment
1 407
1 122
3 289
-
surtax
185
185
185
-
payroll
1 407
1 122
4 439
-
other
2 228
1 775
6 702
-
total
13 680
10 948
34 530
-
Corporate
121 929
134 160
144 407
-
income

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

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

30 482
33 540
36 102
-
total
30 482
33 540
36 102
-
Dividends
91 447
100 620
-
-
withholding
25 148
27 671
-
-
total
25 148
27 671
-
-
Income
182 500
182 500
182 500
182 500
Total tax
83 139
81 689
134 351
88 784
After tax
99 361
100 811
48 149
93 716
Living cost
33 062
33 062
33 062
33 062
Free-cash
66 299
67 749
15 087
60 654

Estimated living cost  is ₽33062 per week

₽22051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽67534
₽29079
₽45020
₽53749
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
9 546
social contributions
-
-
-
23 393
national
-
-
-
70 329
total
-
-
-
103 268
Employee

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

67 117
-
141 352
-
unemployment

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

584
-
1 230
-
communal

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

3 501
-
7 372
-
pensions

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

5 034
-
10 602
-
national
20 635
-
52 213
-
health

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

3 153
-
6 643
-
total
32 907
-
78 060
-
Employer

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

67 117
-
141 352
-
health

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

4 127
-
8 695
-
pensions

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

5 947
-
12 523
-
accident

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

872
-
1 838
-
unemployment

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

979
-
2 064
-
surtax
7 610
-
16 029
-
total
19 535
-
41 149
-
Corporate
95 846
182 500
-
-
income
19 168
36 900
-
-
surtax
383
737
-
-
total
19 551
37 637
-
-
Dividends
76 295
144 863
-
-
withholding

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

22 546
43 117
-
-
total
22 546
43 117
-
-
Income
182 500
182 500
182 500
182 500
Total tax
94 539
80 754
119 209
103 268
After tax
87 961
101 746
63 291
79 232
Living cost
34 212
34 212
34 212
34 212
Free-cash
53 749
67 534
29 079
45 020

Estimated living cost  is ₽34212 per week

₽22037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽87555
₽64403
₽68340
₽81127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
54 183
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
80 274
Employee
46 707
-
154 774
-
other
46
-
87
-
unemployment
725
-
1 348
-
pensions
2 195
-
4 088
-
income
9 855
-
50 962
-
total
12 821
-
56 485
-
Employer
46 707
-
154 774
-
pensions
11 022
-
20 525
-
accident
924
-
1 722
-
unemployment
2 569
-
4 783
-
other
372
-
696
-
total
14 887
-
27 726
-
Corporate
120 906
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.

18 136
27 375
-
-
total
18 136
27 375
-
-
Dividends
102 770
155 125
-
-
withholding
21 643
33 684
-
-
total
21 643
33 684
-
-
Income
182 500
182 500
182 500
182 500
Total tax
67 487
61 059
84 211
80 274
After tax
115 013
121 441
98 289
102 226
Living cost
33 886
33 886
33 886
33 886
Free-cash
81 127
87 555
64 403
68 340

Estimated living cost  is ₽33886 per week

₽24953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽54494
₽44587
₽37312
₽41962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 901
surtax
-
-
-
9 047
health
-
-
-
12 822
pensions
-
-
-
27 354
total
-
-
-
94 197
Employee
71 057
-
163 020
-
pensions
5 684
-
13 041
-
surtax
4 355
-
9 991
-
income
6 863
-
37 157
-
health
3 162
-
7 254
-
total
20 064
-
67 443
-
Employer
71 057
-
163 020
-
health
2 167
-
4 971
-
pensions
5 684
-
13 041
-
accident
639
-
1 467
-
total
8 490
-
19 479
-
Corporate
102 953
182 500
-
-
communal
6 950
12 318
-
-
income
15 443
27 375
-
-
surtax
1 081
1 916
-
-
total
23 474
41 609
-
-
Dividends
79 479
140 891
-
-
income
25 598
14 272
-
-
withholding
11 921
21 134
-
-
total
37 519
35 406
-
-
Income
182 500
182 500
182 500
182 500
Total tax
89 547
77 015
86 922
94 197
After tax
92 953
105 485
95 578
88 303
Living cost
50 991
50 991
50 991
50 991
Free-cash
41 962
54 494
44 587
37 312

Estimated living cost  is ₽50991 per week

₽38251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽93717
₽59323
₽65060
₽90734
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 580
other
-
-
-
-
surtax
-
-
-
8 634
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
96 365
Employee
31 599
-
156 140
-
other
-
-
-
-
unemployment
2 199
-
8 716
-
pensions
2 108
-
8 353
-
surtax
112
-
7 512
-
income
5 297
-
47 968
-
health
807
-
3 193
-
total
10 523
-
75 742
-
Employer
31 599
-
156 140
-
health
1 437
-
5 698
-
pensions
4 213
-
16 693
-
unemployment
1 002
-
3 969
-
other
-
-
-
-
total
6 652
-
26 360
-
Corporate
144 249
182 500
-
-
income
37 505
47 450
-
-
total
37 505
47 450
-
-
Dividends
106 744
135 050
-
-
withholding
16 011
20 258
-
-
total
16 011
20 258
-
-
Income
182 500
182 500
182 500
182 500
Total tax
70 691
67 708
102 102
96 365
After tax
111 809
114 792
80 398
86 135
Living cost
21 075
21 075
21 075
21 075
Free-cash
90 734
93 717
59 323
65 060

Estimated living cost  is ₽21075 per week

₽12724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽70652
₽52158
₽60319
₽68567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 939
regional
-
-
-
2 752
municipal
-
-
-
1 084
national
-
-
-
46 130
total
-
-
-
96 905
Employee
52 049
-
182 500
-
municipal
276
-
967
-
national
8 246
-
40 103
-
regional
701
-
2 456
-
social contributions
17 551
-
61 540
-
total
26 774
-
105 066
-
Employer
52 049
-
182 500
-
total
-
-
-
-
Corporate
130 451
182 500
-
-
municipal
6 483
9 070
-
-
nationa
31 308
43 799
-
-
total
37 791
52 869
-
-
Dividends
92 659
129 630
-
-
withholding
24 092
33 703
-
-
total
24 092
33 703
-
-
Income
182 500
182 500
182 500
182 500
Total tax
88 657
86 572
105 066
96 905
After tax
93 843
95 928
77 434
85 595
Living cost
25 276
25 276
25 276
25 276
Free-cash
68 567
70 652
52 158
60 319

Estimated living cost  is ₽25276 per week

₽15719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽97296
₽69251
₽76889
₽87180
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 713
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
795
health
-
-
-
24 637
total
-
-
-
77 256
Employee
41 699
-
141 423
-
solidarity contribution
-
-
110
-
social contributions
2 710
-
7 371
-
income
5 004
-
17 244
-
health
5 629
-
19 092
-
total
13 343
-
43 817
-
Employer
41 699
-
141 423
-
health
3 753
-
12 728
-
social contributions
10 425
-
28 349
-
total
14 178
-
41 077
-
Corporate
126 624
182 500
-
-
income
24 059
34 675
-
-
total
24 059
34 675
-
-
Dividends
102 565
147 825
-
-
withholding
15 385
22 174
-
-
total
15 385
22 174
-
-
Income
182 500
182 500
182 500
182 500
Total tax
66 965
56 849
84 894
77 256
After tax
115 535
125 651
97 606
105 244
Living cost
28 355
28 355
28 355
28 355
Free-cash
87 180
97 296
69 251
76 889

Estimated living cost  is ₽28355 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽70978
₽18258
₽63966
₽70514
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 450
surtax
-
-
-
-
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
730
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
88 599
Employee
41 016
37 393
148 140
-
other
410
374
1 097
-
unemployment
1 230
1 122
3 289
-
pensions
4 200
3 828
11 225
-
income
3 654
2 758
43 951
-
health
1 587
1 448
4 241
-
total
11 081
9 530
63 803
-
Employer
41 016
37 393
148 140
-
chamber of commerce
164
150
593
-
health
1 551
1 414
4 143
-
pensions
5 148
4 694
13 757
-
accident
532
486
1 424
-
unemployment
1 230
1 122
3 289
-
surtax
-
-
-
-
payroll
1 230
1 122
4 444
-
other
1 948
1 775
6 709
-
total
11 803
10 763
34 359
-
Corporate
129 680
134 345
144 578
-
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.

32 420
33 586
36 145
-
total
32 420
33 586
36 145
-
Dividends
97 261
100 759
-
-
withholding
26 747
27 708
-
-
total
26 747
27 708
-
-
Income
182 500
182 500
182 500
182 500
Total tax
82 051
81 587
134 307
88 599
After tax
100 449
100 913
48 193
93 901
Living cost
29 935
29 935
29 935
29 935
Free-cash
70 514
70 978
18 258
63 966

Estimated living cost  is ₽29935 per week

₽17957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽161593
₽134218
₽168893
₽159384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 727
-
182 500
-
income
2 946
-
36 500
-
total
2 946
-
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%.

167 773
182 500
-
-
total
-
-
-
-
Dividends
167 773
182 500
-
-
withholding
8 388
9 125
-
-
total
8 388
9 125
-
-
Income
182 500
182 500
182 500
182 500
Total tax
11 334
9 125
36 500
1 825
After tax
171 166
173 375
146 000
180 675
Living cost
11 782
11 782
11 782
11 782
Free-cash
159 384
161 593
134 218
168 893

Estimated living cost  is ₽11782 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽100483
₽58259
₽62578
₽92634
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 193
unemployment
-
-
-
274
health
-
-
-
17 959
pensions
-
-
-
33 329
total
-
-
-
94 755
Employee

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

41 492
-
157 912
-
unemployment
59
-
221
-
pensions
6 432
-
24 476
-
income
7 155
-
39 588
-
health
2 680
-
10 201
-
total
16 326
-
74 486
-
Employer

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

41 492
-
157 912
-
health
2 764
-
10 518
-
pensions
3 672
-
13 976
-
unemployment
25
-
94
-
total
6 461
-
24 588
-
Corporate
134 548
182 500
-
-
income
25 564
34 676
-
-
total
25 564
34 676
-
-
Dividends
108 984
147 824
-
-
withholding
16 348
22 174
-
-
total
16 348
22 174
-
-
Income
182 500
182 500
182 500
182 500
Total tax
64 699
56 850
99 074
94 755
After tax
117 801
125 650
83 426
87 745
Living cost
25 167
25 167
25 167
25 167
Free-cash
92 634
100 483
58 259
62 578

Estimated living cost  is ₽25167 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽70953
₽130200
₽86042
₽26770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 469
-
-
-
social contributions
4 712
-
672
-
income
12 676
-
-
-
total
17 388
-
672
-
Employer
57 469
-
-
-
social contributions
81 031
-
11 548
-
total
81 031
-
11 548
-
Corporate
44 000
182 500
-
-
income
9 680
40 150
-
-
total
9 680
40 150
-
-
Dividends
34 320
142 350
-
-
income
7 551
31 317
-
-
total
7 551
31 317
-
-
Income
182 500
182 500
182 500
182 500
Total tax
115 650
71 467
12 220
56 378
After tax
66 850
111 033
170 280
126 122
Living cost
40 080
40 080
40 080
40 080
Free-cash
26 770
70 953
130 200
86 042

Estimated living cost  is ₽40080 per week

₽26005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽74374
₽53363
₽67201
₽73430
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 449
surtax
-
-
-
-
social contributions

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

-
-
-
63 418
total
-
-
-
85 867
Employee
43 155
-
147 475
-
surtax
-
-
-
-
social contributions
4 747
-
16 223
-
income
8 976
-
48 457
-
total
13 723
-
64 680
-
Employer
43 155
-
147 475
-
social contributions
10 249
-
35 025
-
total
10 249
-
35 025
-
Corporate
129 096
182 500
-
-
income
27 110
38 326
-
-
surtax
-
-
-
-
total
27 110
38 326
-
-
Dividends
101 986
144 174
-
-
withholding
28 556
40 368
-
-
total
28 556
40 368
-
-
Income
182 500
182 500
182 500
182 500
Total tax
79 638
78 694
99 705
85 867
After tax
102 862
103 806
82 795
96 633
Living cost
29 432
29 432
29 432
29 432
Free-cash
73 430
74 374
53 363
67 201

Estimated living cost  is ₽29432 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽46660
₽53019
₽57026
₽53111
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 145
other
-
-
-
5 657
surtax
-
-
-
-
social contributions
-
-
-
5 199
health
-
-
-
8 255
pensions
-
-
-
30 899
total
-
-
-
80 155
Employee
58 768
-
140 453
-
pensions
6 647
-
10 094
-
surtax
-
-
-
-
social contributions
1 674
-
4 001
-
income
5 128
-
28 021
-
total
13 449
-
42 116
-
Employer
58 768
-
140 453
-
health
4 113
-
13 382
-
pensions
9 656
-
16 934
-
unemployment
2 381
-
5 689
-
social contributions
176
-
422
-
other
2 028
-
5 619
-
total
18 354
-
42 046
-
Corporate
105 378
182 500
-
-
income
29 506
51 100
-
-
surtax
-
-
-
-
total
29 506
51 100
-
-
Dividends
75 871
131 400
-
-
surtax
-
-
-
-
social contributions
13 050
22 601
-
-
withholding
9 711
16 820
-
-
total
22 761
39 421
-
-
Income
182 500
182 500
182 500
182 500
Total tax
84 070
90 521
84 162
80 155
After tax
98 430
91 979
98 338
102 345
Living cost
45 319
45 319
45 319
45 319
Free-cash
53 111
46 660
53 019
57 026

Estimated living cost  is ₽45319 per week

₽30671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽136046
₽110456
₽105610
₽132892
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 536
social contributions
-
-
-
40 149
total
-
-
-
48 685
Employee
30 166
-
158 008
-
income
-
-
9 076
-
social contributions
1 960
-
10 271
-
total
1 960
-
19 347
-
Employer
30 166
-
158 008
-
social contributions
4 676
-
24 492
-
total
4 676
-
24 492
-
Corporate
147 659
182 500
-
-
income
14 767
18 249
-
-
total
14 767
18 249
-
-
Dividends
132 892
164 251
-
-
total
-
-
-
-
Income
182 500
182 500
182 500
182 500
Total tax
21 403
18 249
43 839
48 685
After tax
161 097
164 251
138 661
133 815
Living cost
28 205
28 205
28 205
28 205
Free-cash
132 892
136 046
110 456
105 610

Estimated living cost  is ₽28205 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽21926
-₽21926
₽61453
-₽21926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 535
municipal
-
-
-
38 527
national
-
-
-
21 985
pensions
-
-
-
813
total
-
-
-
75 860
Employee
190 722
190 722
190 722
-
municipal
40 613
40 613
40 613
-
labour market
15 236
15 236
15 236
-
pensions
271
271
271
-
national
23 300
23 300
23 300
-
total
79 420
79 420
79 420
-
Employer
190 722
190 722
190 722
-
national
23 341
23 341
23 341
-
labour market
15 258
15 258
15 258
-
pensions
542
542
542
-
municipal
40 678
40 678
40 678
-
total
79 819
79 819
79 819
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
182 500
182 500
182 500
182 500
Total tax
159 239
159 239
159 239
75 860
After tax
23 261
23 261
23 261
106 640
Living cost
45 187
45 187
45 187
45 187
Free-cash
-21 926
-21 926
-21 926
61 453

Estimated living cost  is ₽45187 per week

₽30926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽5857
₽79011
₽104065
₽11616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
51 164
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
57 796
Employee
32 466
-
165 203
-
pensions
3 656
-
7 264
-
income
4 454
-
39 374
-
health
3 718
-
18 916
-
total
11 828
-
65 554
-
Employer
32 466
-
165 203
-
pensions
5 279
-
10 490
-
accident
542
-
2 759
-
unemployment
796
-
4 047
-
total
6 617
-
17 296
-
Corporate
143 417
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.

129 075
164 250
-
-
total
129 075
164 250
-
-
Dividends
14 342
18 250
-
-
withholding
2 725
3 468
-
-
total
2 725
3 468
-
-
Income
182 500
182 500
182 500
182 500
Total tax
150 245
167 718
82 850
57 796
After tax
32 255
14 782
99 650
124 704
Living cost
20 639
20 639
20 639
20 639
Free-cash
11 616
-5 857
79 011
104 065

Estimated living cost  is ₽20639 per week

₽15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
₽77263
₽58283
₽79187
₽80034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 418
municipal
-
-
-
32 414
national
-
-
-
32 457
total
-
-
-
67 289
Employee
49 366
-
153 529
-
municipal
8 086
-
25 000
-
unemployment
741
-
2 302
-
pensions
3 332
-
10 363
-
national
816
-
19 585
-
health
369
-
1 973
-
total
13 344
-
59 223
-
Employer
49 366
-
153 529
-
health
379
-
1 182
-
pensions
8 565
-
26 638
-
accident
50
-
153
-
unemployment
321
-
997
-
total
9 315
-
28 970
-
Corporate
123 819
182 500
-
-
income
24 765
36 501
-
-
total
24 765
36 501
-
-
Dividends

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

74 291
109 499
-
-
municipal
13 372
19 710
-
-
national
5 646
13 002
-
-
total
19 018
32 712
-
-
Income
182 500
182 500
182 500
182 500
Total tax
66 442
69 213
88 193
67 289
After tax
116 058
113 287
94 307
115 211
Living cost
36 024
36 024
36 024
36 024
Free-cash
80 034
77 263
58 283
79 187

Estimated living cost  is ₽36024 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽111356
₽100595
₽102151
₽106248
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 789
social contributions
-
-
-
15 181
health
-
-
-
4 655
total
-
-
-
58 625
Employee
72 151
72 151
171 255
-
social contributions
2 728
5 988
8 077
-
income
7 856
6 679
37 948
-
health
559
1 227
2 911
-
total
11 143
13 894
48 936
-
Employer
72 151
72 151
171 255
-
health
607
1 335
3 168
-
social contributions
2 728
5 988
8 077
-
total
3 335
7 323
11 245
-
Corporate
146 298
103 025
-
-
income
18 287
12 877
-
-
total
18 287
12 877
-
-
Dividends
128 011
90 148
-
-
withholding
21 763
15 326
-
-
total
21 763
15 326
-
-
Income
182 500
182 500
182 500
182 500
Total tax
54 528
49 420
60 181
58 625
After tax
127 972
133 080
122 319
123 875
Living cost
21 724
21 724
21 724
21 724
Free-cash
106 248
111 356
100 595
102 151

Estimated living cost  is ₽21724 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽136233
₽120681
₽139500
₽131456
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 711
unemployment
-
-
-
27
health
-
-
-
3 396
pensions
-
-
-
5 969
total
-
-
-
28 103
Employee

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

21 537
-
173 330
-
unemployment
107
-
445
-
pensions
3 230
-
13 355
-
income
1 473
-
16 384
-
health
1 830
-
7 568
-
total
6 640
-
37 752
-
Employer

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

21 537
-
173 330
-
health
926
-
3 828
-
pensions
1 184
-
4 897
-
unemployment
107
-
445
-
total
2 217
-
9 170
-
Corporate
158 746
182 500
-
-
income
14 288
16 424
-
-
total
14 288
16 424
-
-
Dividends
144 458
166 076
-
-
withholding
13 002
14 946
-
-
total
13 002
14 946
-
-
Income
182 500
182 500
182 500
182 500
Total tax
36 147
31 370
46 922
28 103
After tax
146 353
151 130
135 578
154 397
Living cost
14 897
14 897
14 897
14 897
Free-cash
131 456
136 233
120 681
139 500

Estimated living cost  is ₽14897 per week

₽9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽95639
₽72487
₽76424
₽91494
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
54 183
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
80 274
Employee
34 695
-
154 774
-
other
34
-
87
-
unemployment
538
-
1 348
-
pensions
1 631
-
4 088
-
income
6 689
-
50 962
-
total
8 892
-
56 485
-
Employer
34 695
-
154 774
-
pensions
8 187
-
20 525
-
accident
687
-
1 722
-
unemployment
1 909
-
4 783
-
other
278
-
696
-
total
11 061
-
27 726
-
Corporate
136 744
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.

20 511
27 375
-
-
total
20 511
27 375
-
-
Dividends
116 233
155 125
-
-
withholding
24 740
33 684
-
-
total
24 740
33 684
-
-
Income
182 500
182 500
182 500
182 500
Total tax
65 204
61 059
84 211
80 274
After tax
117 296
121 441
98 289
102 226
Living cost
25 802
25 802
25 802
25 802
Free-cash
91 494
95 639
72 487
76 424

Estimated living cost  is ₽25802 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽111980
₽115474
₽115609
₽111668
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
62 600
health
-
-
-
1 005
pensions
-
-
-
1 386
total
-
-
-
64 991
Employee
2 894
-
180 941
-
unemployment
29
-
69
-
pensions
260
-
624
-
income
560
-
62 527
-
health
145
-
347
-
total
994
-
63 567
-
Employer
2 894
-
180 941
-
health
275
-
658
-
pensions
318
-
762
-
unemployment
58
-
139
-
total
651
-
1 559
-
Corporate
178 954
182 500
-
-
income
39 370
40 150
-
-
total
39 370
40 150
-
-
Dividends
139 584
142 350
-
-
withholding
27 917
28 470
-
-
total
27 917
28 470
-
-
Income
182 500
182 500
182 500
182 500
Total tax
68 932
68 620
65 126
64 991
After tax
113 568
113 880
117 374
117 509
Living cost
1 900
1 900
1 900
1 900
Free-cash
111 668
111 980
115 474
115 609

Estimated living cost  is ₽1900 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽115660
₽98429
₽98429
₽111052
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 713
unemployment
-
-
-
1 038
health
-
-
-
7 129
pensions
-
-
-
17 995
total
-
-
-
67 875
Employee

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

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

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

24 423
-
170 111
-
unemployment
183
-
519
-
pensions
3 419
-
9 690
-
income
3 367
-
41 713
-
health
1 258
-
3 564
-
total
8 227
-
55 486
-
Employer

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

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

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

24 423
-
170 111
-
health
1 258
-
3 564
-
pensions
2 931
-
8 306
-
unemployment
183
-
519
-
total
4 372
-
12 389
-
Corporate
153 705
182 500
-
-
income
23 056
27 375
-
-
total
23 056
27 375
-
-
Dividends
130 649
155 125
-
-
withholding
19 597
23 269
-
-
total
19 597
23 269
-
-
Income
182 500
182 500
182 500
182 500
Total tax
55 252
50 644
67 875
67 875
After tax
127 248
131 856
114 625
114 625
Living cost
16 196
16 196
16 196
16 196
Free-cash
111 052
115 660
98 429
98 429

Estimated living cost  is ₽16196 per week

₽10905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽78510
₽57499
₽71337
₽78172
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 449
surtax
-
-
-
-
social contributions

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

-
-
-
63 418
total
-
-
-
85 867
Employee
36 418
-
147 475
-
surtax
-
-
-
-
social contributions
4 006
-
16 223
-
income
7 116
-
48 457
-
total
11 122
-
64 680
-
Employer
36 418
-
147 475
-
social contributions
8 648
-
35 025
-
total
8 648
-
35 025
-
Corporate
137 434
182 500
-
-
income
28 862
38 326
-
-
surtax
-
-
-
-
total
28 862
38 326
-
-
Dividends
108 572
144 174
-
-
withholding
30 400
40 368
-
-
total
30 400
40 368
-
-
Income
182 500
182 500
182 500
182 500
Total tax
79 032
78 694
99 705
85 867
After tax
103 468
103 806
82 795
96 633
Living cost
25 296
25 296
25 296
25 296
Free-cash
78 172
78 510
57 499
71 337

Estimated living cost  is ₽25296 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽88465
₽65313
₽69250
₽82324
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
54 183
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
80 274
Employee
45 316
-
154 774
-
other
45
-
87
-
unemployment
702
-
1 348
-
pensions
2 130
-
4 088
-
income
9 465
-
50 962
-
total
12 342
-
56 485
-
Employer
45 316
-
154 774
-
pensions
10 694
-
20 525
-
accident
897
-
1 722
-
unemployment
2 493
-
4 783
-
other
363
-
696
-
total
14 447
-
27 726
-
Corporate
122 736
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.

18 410
27 375
-
-
total
18 410
27 375
-
-
Dividends
104 327
155 125
-
-
withholding
22 001
33 684
-
-
total
22 001
33 684
-
-
Income
182 500
182 500
182 500
182 500
Total tax
67 200
61 059
84 211
80 274
After tax
115 300
121 441
98 289
102 226
Living cost
32 976
32 976
32 976
32 976
Free-cash
82 324
88 465
65 313
69 250

Estimated living cost  is ₽32976 per week

₽23682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽139900
₽137583
₽130239
₽134183
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
36 124
Employee
21 368
-
176 071
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 877
-
income
2 137
-
17 607
-
health
983
-
1 507
-
total
5 231
-
22 351
-
Employer
21 368
-
176 071
-
health
1 475
-
2 261
-
pensions

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

2 355
-
3 611
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
unemployment
128
-
197
-
total
4 193
-
6 429
-
Corporate
156 940
182 500
-
-
income
15 694
18 250
-
-
total
15 694
18 250
-
-
Dividends
141 246
164 250
-
-
withholding
7 062
8 213
-
-
total
7 062
8 213
-
-
Income
182 500
182 500
182 500
182 500
Total tax
32 180
26 463
28 780
36 124
After tax
150 320
156 037
153 720
146 376
Living cost
16 137
16 137
16 137
16 137
Free-cash
134 183
139 900
137 583
130 239

Estimated living cost  is ₽16137 per week

₽10673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽57671
₽78336
₽58407
₽69946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
58 322
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.

-
-
-
3 207
health

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

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

-
-
-
6 410
trade
-
-
-
19 929
total
-
-
-
87 868
Employee

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

46 686
-
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.

212
-
3 207
-
income

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

3 839
-
58 322
-
health

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

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

6 410
-
6 410
-
total
10 461
-
67 939
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
135 814
182 500
-
-
income
20 372
27 375
-
-
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.

1 120
1 506
-
-
chamber of commerce
342
410
-
-
trade
19 489
26 189
-
-
total
41 323
55 480
-
-
Dividends
94 491
127 020
-
-
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.

1 280
1 727
-
-
withholding
23 265
31 397
-
-
total
24 545
33 124
-
-
Income
182 500
182 500
182 500
182 500
Total tax
76 329
88 604
67 939
87 868
After tax
106 171
93 896
114 561
94 632
Living cost
36 225
36 225
36 225
36 225
Free-cash
69 946
57 671
78 336
58 407

Estimated living cost  is ₽36225 per week

₽24989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₽74300
₽40713
₽40713
₽76371
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 491
social contributions
-
-
-
30 846
total
-
-
-
88 337
Employee
73 396
-
182 500
-
income
13 850
-
57 491
-
social contributions
6 098
-
30 846
-
total
19 948
-
88 337
-
Employer
73 396
-
182 500
-
total
-
-
-
-
Corporate
109 104
182 500
-
-
income
13 638
22 813
-
-
total
13 638
22 813
-
-
Dividends
95 466
159 687
-
-
withholding
19 093
31 937
-
-
total
19 093
31 937
-
-
Income
182 500
182 500
182 500
182 500
Total tax
52 679
54 750
88 337
88 337
After tax
129 821
127 750
94 163
94 163
Living cost
53 450
53 450
53 450
53 450
Free-cash
76 371
74 300
40 713
40 713

Estimated living cost  is ₽53450 per week

₽40664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽79606
₽94649
₽115377
₽82885
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 375
health

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

-
-
-
5 687
total
-
-
-
33 062
Employee
43 044
-
178 184
-
income
4 671
-
45 158
-
social contributions
4 313
-
4 316
-
total
8 984
-
49 474
-
Employer
43 044
-
178 184
-
social contributions
4 313
-
4 316
-
total
4 313
-
4 316
-
Corporate
135 143
182 500
-
-
income
47 300
63 876
-
-
total
47 300
63 876
-
-
Dividends
87 843
118 624
-
-
social contributions
4 957
4 957
-
-
total
4 957
4 957
-
-
Income
182 500
182 500
182 500
182 500
Total tax
65 554
68 833
53 790
33 062
After tax
116 946
113 667
128 710
149 438
Living cost
34 061
34 061
34 061
34 061
Free-cash
82 885
79 606
94 649
115 377

Estimated living cost  is ₽34061 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽82770
₽68476
₽84898
₽88320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 004
pensions
-
-
-
8 782
total
-
-
-
62 786
Employee
47 789
-
159 263
-
pensions
3 648
-
10 672
-
income
8 703
-
43 058
-
health
623
-
2 242
-
total
12 974
-
55 972
-
Employer
47 789
-
159 263
-
health
908
-
3 026
-
pensions
4 828
-
20 211
-
total
5 736
-
23 237
-
Corporate
128 974
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.

24 505
34 675
-
-
total
24 505
34 675
-
-
Dividends
104 470
147 825
-
-
withholding
16 150
30 240
-
-
total
16 150
30 240
-
-
Income
182 500
182 500
182 500
182 500
Total tax
59 365
64 915
79 209
62 786
After tax
123 135
117 585
103 291
119 714
Living cost
34 815
34 815
34 815
34 815
Free-cash
88 320
82 770
68 476
84 898

Estimated living cost  is ₽34815 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽7900
₽76968
₽102022
₽11304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
51 164
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
57 796
Employee
35 680
-
165 203
-
pensions
4 018
-
7 264
-
income
4 895
-
39 374
-
health
4 085
-
18 916
-
total
12 998
-
65 554
-
Employer
35 680
-
165 203
-
pensions
5 801
-
10 490
-
accident
596
-
2 759
-
unemployment
874
-
4 047
-
total
7 271
-
17 296
-
Corporate
139 549
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.

125 594
164 250
-
-
total
125 594
164 250
-
-
Dividends
13 955
18 250
-
-
withholding
2 651
3 468
-
-
total
2 651
3 468
-
-
Income
182 500
182 500
182 500
182 500
Total tax
148 514
167 718
82 850
57 796
After tax
33 986
14 782
99 650
124 704
Living cost
22 682
22 682
22 682
22 682
Free-cash
11 304
-7 900
76 968
102 022

Estimated living cost  is ₽22682 per week

₽16646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

Close
Skopje , Macedonia
₽126936
₽118836
₽98200
₽136507
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 350
unemployment
-
-
-
1 801
work injury
-
-
-
750
health insurance
-
-
-
11 106
pensions
-
-
-
27 616
total
-
-
-
71 623
Employee

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

20 283
-
182 500
-
health insurance
1 501
-
5 553
-
unemployment
243
-
901
-
work injury
101
-
375
-
pensions
3 732
-
13 808
-
income
2 028
-
30 350
-
total
7 605
-
50 987
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
162 217
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%.

1 622
18 250
-
-
total
1 622
18 250
-
-
Dividends
160 595
164 250
-
-
withholding
24 089
24 637
-
-
total
24 089
24 637
-
-
Income
182 500
182 500
182 500
182 500
Total tax
33 316
42 887
50 987
71 623
After tax
149 184
139 613
131 513
110 877
Living cost
12 677
12 677
12 677
12 677
Free-cash
136 507
126 936
118 836
98 200

Estimated living cost  is ₽12677 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽58750
₽38661
₽46630
₽54480
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 939
regional
-
-
-
4 201
municipal
-
-
-
1 220
national
-
-
-
46 130
total
-
-
-
98 490
Employee
79 067
-
182 500
-
municipal
472
-
1 088
-
national
13 362
-
40 103
-
regional
1 194
-
3 728
-
social contributions
26 661
-
61 540
-
total
41 689
-
106 459
-
Employer
79 067
-
182 500
-
total
-
-
-
-
Corporate
103 433
182 500
-
-
municipal
4 986
8 796
-
-
nationa
24 823
43 799
-
-
total
29 809
52 595
-
-
Dividends
73 623
129 904
-
-
withholding
19 142
33 775
-
-
total
19 142
33 775
-
-
Income
182 500
182 500
182 500
182 500
Total tax
90 640
86 370
106 459
98 490
After tax
91 860
96 130
76 041
84 010
Living cost
37 380
37 380
37 380
37 380
Free-cash
54 480
58 750
38 661
46 630

Estimated living cost  is ₽37380 per week

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

Source of data for Rome model

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