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
₽ 183500
per

Your estimated
City
free-cash

Dresden , Germany
₽64101
₽85681
₽73315
₽62253
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
183 500
trade
-
-
-
21 580
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.

-
-
-
6 830
income

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

-
-
-
57 541
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.

-
-
-
3 165
total
-
-
-
89 116
Employee

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

38 240
-
183 500
-
surtax

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

59
-
3 165
-
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.

1 068
-
57 541
-
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.

6 830
-
6 830
-
total
7 957
-
67 536
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
145 260
183 500
-
-
trade
22 879
28 901
-
-
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.

1 199
1 514
-
-
income
21 788
27 526
-
-
chamber of commerce
360
416
-
-
total
46 226
58 357
-
-
Dividends
99 033
125 143
-
-
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.

1 341
1 700
-
-
withholding
24 378
30 907
-
-
total
25 719
32 607
-
-
Income
183 500
183 500
183 500
183 500
Total tax
79 902
90 964
67 536
89 116
After tax
103 598
92 536
115 964
94 384
Living cost
30 283
30 283
30 283
30 283
Free-cash
73 315
62 253
85 681
64 101

Estimated living cost  is ₽30283 per week

₽19049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57011
₽57996
₽63216
₽64055
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
social contributions
-
-
-
1 973
municipal
-
-
-
20 160
national
-
-
-
31 887
pensions
-
-
-
22 020
total
-
-
-
76 040
Employee
78 206
-
158 634
-
pensions
3 128
-
6 345
-
national
14 969
-
33 443
-
municipal
9 660
-
20 871
-
total
27 757
-
60 659
-
Employer
78 206
-
158 634
-
pensions
6 256
-
12 691
-
social contributions
841
-
1 705
-
total
7 097
-
14 396
-
Corporate
93 036
183 500
-
-
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%.

18 607
36 700
-
-
total
18 607
36 700
-
-
Dividends
74 428
146 800
-
-
withholding
16 374
32 296
-
-
total
16 374
32 296
-
-
Income
183 500
183 500
183 500
183 500
Total tax
69 835
68 996
75 055
76 040
After tax
113 665
114 504
108 445
107 460
Living cost
50 449
50 449
50 449
50 449
Free-cash
63 216
64 055
57 996
57 011

Estimated living cost  is ₽50449 per week

₽34290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43158
₽56802
₽117799
₽126001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
183 500
social contributions

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

-
-
-
38 306
income
-
-
-
34 443
microenterprise
-
-
-
-
surtax
-
-
-
46 793
total
-
-
-
119 542
Employee
29 214
-
139 457
-
income
5 200
-
28 527
-
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.

3 214
-
13 106
-
surtax
-
-
20 221
-
total
8 414
-
61 854
-
Employer
29 214
-
139 457
-
social contributions

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

7 037
-
28 704
-
surtax
-
-
15 340
-
total
7 037
-
44 044
-
Corporate
147 249
183 500
-
-
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%.

29 450
36 699
-
-
total
29 450
36 699
-
-
Dividends

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

117 799
146 801
-
-
total
-
-
-
-
Income
183 500
183 500
183 500
183 500
Total tax
44 901
36 699
105 898
119 542
After tax
138 599
146 801
77 602
63 958
Living cost
20 800
20 800
20 800
20 800
Free-cash
117 799
126 001
56 802
43 158

Estimated living cost  is ₽20800 per week

₽13270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58910
₽73566
₽42951
₽49077
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
health
-
-
-
12 329
income
-
-
-
58 665
pensions
-
-
-
11 714
total
-
-
-
82 708
Employee
85 378
85 378
164 920
-
income

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

13 975
13 975
25 429
-
pensions
15 368
11 714
11 714
-
health
13 105
11 147
12 329
-
total
42 448
36 836
49 472
-
Employer
85 378
85 378
164 920
-
pensions
5 942
5 942
7 386
-
health
5 935
5 935
7 375
-
unemployment
3 074
3 074
3 819
-
total
14 951
14 951
18 580
-
Corporate
84 219
83 172
-
-
income
16 844
16 633
-
-
total
16 844
16 633
-
-
Dividends
67 375
66 538
-
-
withholding
10 107
9 982
-
-
income
14 317
14 139
-
-
total
24 424
24 121
-
-
Income
183 500
183 500
183 500
183 500
Total tax
98 667
92 541
68 052
82 708
After tax
84 833
90 959
115 448
100 792
Living cost
41 882
41 882
41 882
41 882
Free-cash
42 951
49 077
73 566
58 910

Estimated living cost  is ₽41882 per week

₽29681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54926
₽53993
₽60873
₽61737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
other
-
-
-
9 793
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
47 439
health
-
-
-
5 259
national
-
-
-
18 267
pensions
-
-
-
9 110
total
-
-
-
90 120
Employee
54 793
-
157 020
-
national
-
-
17 751
-
municipal
16 339
-
46 823
-
total
16 339
-
64 574
-
Employer
54 793
-
157 020
-
pensions
5 923
-
9 110
-
other
6 367
-
9 793
-
accident
110
-
168
-
health
3 370
-
5 183
-
unemployment
1 447
-
2 225
-
total
17 217
-
26 479
-
Corporate
111 491
183 500
-
-
income
24 528
40 370
-
-
total
24 528
40 370
-
-
Dividends
86 963
143 130
-
-
withholding
26 089
42 939
-
-
total
26 089
42 939
-
-
Income
183 500
183 500
183 500
183 500
Total tax
84 173
83 309
91 053
90 120
After tax
99 327
100 191
92 447
93 380
Living cost
38 454
38 454
38 454
38 454
Free-cash
60 873
61 737
53 993
54 926

Estimated living cost  is ₽38454 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54148
₽76688
₽66367
₽52315
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
183 500
trade
-
-
-
22 540
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.

-
-
-
6 830
income

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

-
-
-
57 541
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.

-
-
-
3 165
total
-
-
-
90 076
Employee

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

50 701
-
183 500
-
surtax

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

239
-
3 165
-
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.

4 356
-
57 541
-
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.

6 830
-
6 830
-
total
11 425
-
67 536
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
132 799
183 500
-
-
trade
21 845
30 186
-
-
surtax

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

1 095
1 514
-
-
income
19 920
27 526
-
-
chamber of commerce
342
414
-
-
total
43 202
59 640
-
-
Dividends
89 598
123 861
-
-
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.

1 210
1 683
-
-
withholding
22 020
30 586
-
-
total
23 230
32 269
-
-
Income
183 500
183 500
183 500
183 500
Total tax
77 857
91 909
67 536
90 076
After tax
105 643
91 591
115 964
93 424
Living cost
39 276
39 276
39 276
39 276
Free-cash
66 367
52 315
76 688
54 148

Estimated living cost  is ₽39276 per week

₽26268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92624
₽91031
₽97266
₽101412
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
social contributions
-
-
-
16 176
health
-
-
-
4 679
income
-
-
-
37 593
total
-
-
-
58 448
Employee
76 879
76 879
171 718
-
income
8 073
7 117
36 733
-
social contributions
3 736
6 381
8 606
-
health
765
1 307
2 920
-
total
12 574
14 805
48 259
-
Employer
76 879
76 879
171 718
-
health
833
1 423
3 176
-
social contributions
3 736
6 381
8 606
-
total
4 569
7 804
11 782
-
Corporate
133 930
98 818
-
-
income
16 742
12 351
-
-
total
16 742
12 351
-
-
Dividends
117 188
86 466
-
-
withholding
19 921
14 700
-
-
total
19 921
14 700
-
-
Income
183 500
183 500
183 500
183 500
Total tax
53 806
49 660
60 041
58 448
After tax
129 694
133 840
123 459
125 052
Living cost
32 428
32 428
32 428
32 428
Free-cash
97 266
101 412
91 031
92 624

Estimated living cost  is ₽32428 per week

₽22168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108884
₽88141
₽85212
₽84831
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
unemployment
-
-
-
2 753
health
-
-
-
12 845
income
-
-
-
22 433
pensions
-
-
-
18 350
total
-
-
-
56 381
Employee

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
153 556
-
income
3 218
1 281
18 772
-
pensions
2 632
1 048
15 356
-
unemployment
395
157
2 303
-
health
1 843
733
10 749
-
total
8 088
3 219
47 180
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
153 556
-
pensions
5 133
2 043
29 944
-
total
5 133
2 043
29 944
-
Corporate
152 044
170 981
-
-
income
13 684
15 388
-
-
total
13 684
15 388
-
-
Dividends
138 360
155 593
-
-
social contributions
26 860
30 221
-
-
withholding
26 288
29 563
-
-
total
53 148
59 784
-
-
Income
183 500
183 500
183 500
183 500
Total tax
80 053
80 434
77 124
56 381
After tax
103 447
103 066
106 376
127 119
Living cost
18 235
18 235
18 235
18 235
Free-cash
85 212
84 831
88 141
108 884

Estimated living cost  is ₽18235 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74207
₽81617
₽116442
₽122652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
health
-
-
-
23 855
income
-
-
-
24 589
pensions
-
-
-
36 701
total
-
-
-
85 145
Employee
28 362
-
137 146
-
income
3 193
-
26 441
-
pensions
567
-
2 743
-
unemployment
453
-
2 195
-
total
4 213
-
31 379
-
Employer
28 362
-
137 146
-
pensions
5 673
-
27 429
-
health
3 686
-
17 829
-
unemployment
228
-
1 097
-
total
9 587
-
46 355
-
Corporate
145 551
183 500
-
-
income
29 110
36 699
-
-
total
29 110
36 699
-
-
Dividends
116 441
146 801
-
-
total
-
-
-
-
Income
183 500
183 500
183 500
183 500
Total tax
42 910
36 699
77 734
85 145
After tax
140 590
146 801
105 766
98 355
Living cost
24 148
24 148
24 148
24 148
Free-cash
116 442
122 652
81 617
74 207

Estimated living cost  is ₽24148 per week

₽16563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103498
₽78043
₽11503
-₽7051
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
51 150
pensions
-
-
-
4 145
total
-
-
-
58 088
Employee
34 472
-
165 699
-
income
4 729
-
39 171
-
pensions
3 882
-
7 600
-
health
3 947
-
18 972
-
total
12 558
-
65 743
-
Employer
34 472
-
165 699
-
pensions
5 605
-
10 974
-
accident
575
-
2 767
-
unemployment
845
-
4 059
-
total
7 025
-
17 800
-
Corporate
142 003
183 500
-
-
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.

127 802
165 150
-
-
total
127 802
165 150
-
-
Dividends
14 200
18 350
-
-
withholding
2 698
3 487
-
-
total
2 698
3 487
-
-
Income
183 500
183 500
183 500
183 500
Total tax
150 083
168 637
83 543
58 088
After tax
33 417
14 863
99 957
125 412
Living cost
21 914
21 914
21 914
21 914
Free-cash
11 503
-7 051
78 043
103 498

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
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.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽172654
₽137789
₽163625
₽165314
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
183 500
microenterprise

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

-
-
-
1 835
total
-
-
-
1 835
Employee
11 263
-
183 500
-
income
2 252
-
36 700
-
total
2 252
-
36 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

172 237
183 500
-
-
total
-
-
-
-
Dividends
172 237
183 500
-
-
withholding
8 612
9 175
-
-
total
8 612
9 175
-
-
Income
183 500
183 500
183 500
183 500
Total tax
10 864
9 175
36 700
1 835
After tax
172 636
174 325
146 800
181 665
Living cost
9 011
9 011
9 011
9 011
Free-cash
163 625
165 314
137 789
172 654

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77416
₽77188
₽101427
₽108177
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
other
-
-
-
7 221
health
-
-
-
6 690
income
-
-
-
29 044
pensions

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

-
-
-
36 489
total
-
-
-
79 444
Employee
36 301
-
146 564
-
income
6 250
-
28 966
-
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.

2 540
-
10 259
-
unemployment
362
-
1 465
-
health
508
-
2 051
-
total
9 660
-
42 741
-
Employer
36 301
-
146 564
-
pensions

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

6 172
-
24 915
-
other
1 816
-
7 327
-
accident
290
-
1 173
-
health
508
-
2 051
-
unemployment
362
-
1 465
-
total
9 148
-
36 931
-
Corporate
138 050
183 500
-
-
income
28 990
38 536
-
-
total
28 990
38 536
-
-
Dividends
109 060
144 964
-
-
withholding
7 635
10 147
-
-
total
7 635
10 147
-
-
Income
183 500
183 500
183 500
183 500
Total tax
55 433
48 683
79 672
79 444
After tax
128 067
134 817
103 828
104 056
Living cost
26 640
26 640
26 640
26 640
Free-cash
101 427
108 177
77 188
77 416

Estimated living cost  is ₽26640 per week

₽18823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53941
₽37366
₽56406
₽52167
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
income
-
-
-
53 117
pensions
-
-
-
9 176
total
-
-
-
62 293
Employee
95 171
-
160 240
-
income
17 156
-
42 068
-
pensions
9 181
-
11 240
-
health
1 568
-
2 300
-
total
27 905
-
55 608
-
Employer
95 171
-
160 240
-
pensions
11 237
-
20 217
-
health
1 807
-
3 043
-
total
13 044
-
23 260
-
Corporate
75 284
183 500
-
-
income

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

14 305
34 865
-
-
total
14 305
34 865
-
-
Dividends
60 980
148 635
-
-
withholding
4 574
29 202
-
-
total
4 574
29 202
-
-
Income
183 500
183 500
183 500
183 500
Total tax
59 828
64 067
78 868
62 293
After tax
123 672
119 433
104 632
121 207
Living cost
67 266
67 266
67 266
67 266
Free-cash
56 406
52 167
37 366
53 941

Estimated living cost  is ₽67266 per week

₽50404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7903
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.
₽8413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽133537
₽140813
₽139137
₽143782
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
unemployment
-
-
-
140
health
-
-
-
4 017
income
-
-
-
27 525
pensions

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

-
-
-
5 170
total
-
-
-
36 852
Employee
17 361
-
176 647
-
income
1 736
-
17 665
-
pensions

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

1 524
-
3 067
-
health
799
-
1 607
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 250
-
22 723
-
Employer
17 361
-
176 647
-
pensions

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

1 913
-
3 849
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 410
-
unemployment
104
-
210
-
total
3 406
-
6 853
-
Corporate
162 732
183 500
-
-
income
16 273
18 350
-
-
total
16 273
18 350
-
-
Dividends
146 459
165 150
-
-
withholding
7 323
8 257
-
-
total
7 323
8 257
-
-
Income
183 500
183 500
183 500
183 500
Total tax
31 252
26 607
29 576
36 852
After tax
152 248
156 893
153 924
146 648
Living cost
13 111
13 111
13 111
13 111
Free-cash
139 137
143 782
140 813
133 537

Estimated living cost  is ₽13111 per week

₽7655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45352
₽60008
₽38035
₽35519
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
health
-
-
-
12 329
income
-
-
-
58 665
pensions
-
-
-
11 714
total
-
-
-
82 708
Employee
92 693
85 378
164 920
-
income

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

13 975
13 975
25 429
-
pensions
11 714
11 714
11 714
-
health
11 564
11 147
12 329
-
total
37 253
36 836
49 472
-
Employer
92 693
85 378
164 920
-
pensions
6 451
5 942
7 386
-
health
6 441
5 935
7 375
-
unemployment
3 337
3 074
3 819
-
total
16 229
14 951
18 580
-
Corporate
74 578
83 172
-
-
income
14 916
16 633
-
-
total
14 916
16 633
-
-
Dividends
59 662
66 538
-
-
withholding
8 949
9 982
-
-
income
12 678
14 139
-
-
total
21 627
24 121
-
-
Income
183 500
183 500
183 500
183 500
Total tax
90 025
92 541
68 052
82 708
After tax
93 475
90 959
115 448
100 792
Living cost
55 440
55 440
55 440
55 440
Free-cash
38 035
35 519
60 008
45 352

Estimated living cost  is ₽55440 per week

₽40896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81126
₽73271
₽93761
₽102327
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
social contributions
-
-
-
34 554
health
-
-
-
24 772
income
-
-
-
18 626
solidarity contribution
-
-
-
409
total
-
-
-
78 361
Employee
35 313
-
141 208
-
income
4 238
-
17 168
-
solidarity contribution
-
-
-
-
social contributions
2 295
-
7 692
-
health
4 767
-
19 063
-
total
11 300
-
43 923
-
Employer
35 313
-
141 208
-
health
3 178
-
12 709
-
social contributions
8 828
-
29 584
-
total
12 006
-
42 293
-
Corporate
136 180
183 500
-
-
income
25 874
34 865
-
-
total
25 874
34 865
-
-
Dividends
110 306
148 635
-
-
withholding
16 546
22 295
-
-
total
16 546
22 295
-
-
Income
183 500
183 500
183 500
183 500
Total tax
65 726
57 160
86 216
78 361
After tax
117 774
126 340
97 284
105 139
Living cost
24 013
24 013
24 013
24 013
Free-cash
93 761
102 327
73 271
81 126

Estimated living cost  is ₽24013 per week

₽16680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45080
₽36789
₽50499
₽55716
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
social contributions
-
-
-
47 197
municipal
-
-
-
1 091
national
-
-
-
45 772
regional
-
-
-
2 173
total
-
-
-
96 233
Employee
88 855
-
183 500
-
national
15 396
-
39 754
-
social contributions
29 962
-
61 876
-
municipal
471
-
973
-
regional
838
-
1 921
-
total
46 667
-
104 524
-
Employer
88 855
-
183 500
-
total
-
-
-
-
Corporate
94 645
183 500
-
-
nationa
22 714
44 040
-
-
municipal
3 692
7 157
-
-
total
26 406
51 197
-
-
Dividends
68 239
132 304
-
-
withholding
17 741
34 400
-
-
total
17 741
34 400
-
-
Income
183 500
183 500
183 500
183 500
Total tax
90 814
85 597
104 524
96 233
After tax
92 686
97 903
78 976
87 267
Living cost
42 187
42 187
42 187
42 187
Free-cash
50 499
55 716
36 789
45 080

Estimated living cost  is ₽42187 per week

₽29408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽64677
₽58564
₽90249
₽93358
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 473
income
-
-
-
52 160
surtax
-
-
-
8 213
pensions
-
-
-
26 687
total
-
-
-
96 761
Employee
33 062
-
155 413
-
income
5 542
-
46 180
-
pensions
2 205
-
8 900
-
unemployment
2 301
-
9 287
-
health
844
-
3 402
-
other
-
-
-
-
surtax
108
-
7 018
-
total
11 000
-
74 787
-
Employer
33 062
-
155 413
-
pensions
4 407
-
17 787
-
other
-
-
-
-
health
1 505
-
6 071
-
unemployment
1 047
-
4 229
-
total
6 959
-
28 087
-
Corporate
143 478
183 500
-
-
income
37 304
47 711
-
-
total
37 304
47 711
-
-
Dividends
106 174
135 789
-
-
withholding
15 926
20 369
-
-
total
15 926
20 369
-
-
Income
183 500
183 500
183 500
183 500
Total tax
71 189
68 080
102 874
96 761
After tax
112 311
115 420
80 626
86 739
Living cost
22 062
22 062
22 062
22 062
Free-cash
90 249
93 358
58 564
64 677

Estimated living cost  is ₽22062 per week

₽13490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75253
₽58678
₽80123
₽73479
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
income
-
-
-
53 117
pensions
-
-
-
9 176
total
-
-
-
62 293
Employee
63 781
-
160 240
-
income
11 487
-
42 068
-
pensions
5 414
-
11 240
-
health
926
-
2 300
-
total
17 827
-
55 608
-
Employer
63 781
-
160 240
-
pensions
6 904
-
20 217
-
health
1 212
-
3 043
-
total
8 116
-
23 260
-
Corporate
111 603
183 500
-
-
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.

21 205
34 865
-
-
total
21 205
34 865
-
-
Dividends
90 398
148 635
-
-
withholding
10 275
29 202
-
-
total
10 275
29 202
-
-
Income
183 500
183 500
183 500
183 500
Total tax
57 423
64 067
78 868
62 293
After tax
126 077
119 433
104 632
121 207
Living cost
45 954
45 954
45 954
45 954
Free-cash
80 123
73 479
58 678
75 253

Estimated living cost  is ₽45954 per week

₽34429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
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.
₽7600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽72153
₽63878
₽40671
₽8336
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
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.

-
-
-
3 670
health
-
-
-
413
city
-
-
-
1 933
national
-
-
-
3 495
regional
-
-
-
9 379
pensions
-
-
-
16 883
total
-
-
-
35 773
Employee
88 441
-
164 245
-
pensions
7 430
-
13 795
-
national
419
-
2 576
-
unemployment
-
-
-
-
city
949
-
1 764
-
health
200
-
369
-
regional
2 896
-
8 096
-
total
11 894
-
26 600
-
Employer
88 441
-
164 245
-
pensions
7 430
-
13 795
-
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.

1 768
-
3 284
-
health
200
-
369
-
unemployment
-
-
-
-
total
9 398
-
17 448
-
Corporate
84 688
183 500
-
-
regional
17 912
38 811
-
-
national
7 199
15 598
-
-
total
25 111
54 409
-
-
Dividends
59 577
129 091
-
-
withholding
20 852
45 181
-
-
total
20 852
45 181
-
-
Income
183 500
183 500
183 500
183 500
Total tax
67 255
99 590
44 048
35 773
After tax
116 245
83 910
139 452
147 727
Living cost
75 574
75 574
75 574
75 574
Free-cash
40 671
8 336
63 878
72 153

Estimated living cost  is ₽75574 per week

₽49145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽46665
₽70163
₽61063
₽44850
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
183 500
trade
-
-
-
23 498
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.

-
-
-
6 830
income

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

-
-
-
57 541
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.

-
-
-
3 165
total
-
-
-
91 034
Employee

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

60 085
-
183 500
-
surtax

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

389
-
3 165
-
income

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

7 065
-
57 541
-
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.

6 830
-
6 830
-
total
14 284
-
67 536
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
123 415
183 500
-
-
trade
21 166
31 470
-
-
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.

1 019
1 514
-
-
income
18 512
27 526
-
-
chamber of commerce
326
410
-
-
total
41 023
60 920
-
-
Dividends
82 392
122 580
-
-
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.

1 112
1 664
-
-
withholding
20 217
30 265
-
-
total
21 329
31 929
-
-
Income
183 500
183 500
183 500
183 500
Total tax
76 636
92 849
67 536
91 034
After tax
106 864
90 651
115 964
92 466
Living cost
45 801
45 801
45 801
45 801
Free-cash
61 063
44 850
70 163
46 665

Estimated living cost  is ₽45801 per week

₽33451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69083
₽65787
₽64183
₽58278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
other
-
-
-
5 688
social contributions
-
-
-
5 229
health
-
-
-
7 989
income
-
-
-
29 290
surtax
-
-
-
-
pensions
-
-
-
32 015
total
-
-
-
80 211
Employee
42 789
-
141 779
-
income
2 525
-
27 789
-
pensions
4 838
-
9 957
-
social contributions
1 220
-
4 039
-
surtax
-
-
-
-
total
8 583
-
41 785
-
Employer
42 789
-
141 779
-
pensions
7 029
-
16 746
-
other
1 476
-
5 573
-
health
2 996
-
13 237
-
unemployment
1 732
-
5 741
-
social contributions
129
-
425
-
total
13 362
-
41 722
-
Corporate
127 348
183 500
-
-
surtax
-
-
-
-
income
35 657
51 380
-
-
total
35 657
51 380
-
-
Dividends
91 691
132 120
-
-
surtax
-
-
-
-
social contributions
15 772
22 726
-
-
withholding
11 737
16 910
-
-
total
27 509
39 636
-
-
Income
183 500
183 500
183 500
183 500
Total tax
85 111
91 016
83 507
80 211
After tax
98 389
92 484
99 993
103 289
Living cost
34 206
34 206
34 206
34 206
Free-cash
64 183
58 278
65 787
69 083

Estimated living cost  is ₽34206 per week

₽21568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72472
₽69176
₽67221
₽61667
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
other
-
-
-
5 688
social contributions
-
-
-
5 229
health
-
-
-
7 989
income
-
-
-
29 290
surtax
-
-
-
-
pensions
-
-
-
32 015
total
-
-
-
80 211
Employee
38 195
-
141 779
-
income
1 969
-
27 789
-
pensions
4 320
-
9 957
-
social contributions
1 089
-
4 039
-
surtax
-
-
-
-
total
7 378
-
41 785
-
Employer
38 195
-
141 779
-
pensions
6 276
-
16 746
-
other
1 319
-
5 573
-
health
2 673
-
13 237
-
unemployment
1 546
-
5 741
-
social contributions
114
-
425
-
total
11 928
-
41 722
-
Corporate
133 376
183 500
-
-
surtax
-
-
-
-
income
37 346
51 380
-
-
total
37 346
51 380
-
-
Dividends
96 030
132 120
-
-
surtax
-
-
-
-
social contributions
16 518
22 726
-
-
withholding
12 292
16 910
-
-
total
28 810
39 636
-
-
Income
183 500
183 500
183 500
183 500
Total tax
85 462
91 016
83 507
80 211
After tax
98 038
92 484
99 993
103 289
Living cost
30 817
30 817
30 817
30 817
Free-cash
67 221
61 667
69 176
72 472

Estimated living cost  is ₽30817 per week

₽17872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96642
₽92641
₽91269
₽90752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
social contributions
-
-
-
25 323
health
-
-
-
12 809
income
-
-
-
27 526
total
-
-
-
65 658
Employee
33 899
-
183 500
-
income
5 654
-
31 527
-
social contributions
4 679
-
25 323
-
health
2 366
-
12 809
-
total
12 699
-
69 659
-
Employer
33 899
-
183 500
-
total
-
-
-
-
Corporate
149 601
183 500
-
-
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%.

7 481
9 175
-
-
total
7 481
9 175
-
-
Dividends
142 120
174 325
-
-
social contributions
19 612
24 058
-
-
health
9 921
12 167
-
-
withholding
21 318
26 148
-
-
total
50 851
62 373
-
-
Income
183 500
183 500
183 500
183 500
Total tax
71 031
71 548
69 659
65 658
After tax
112 469
111 952
113 841
117 842
Living cost
21 200
21 200
21 200
21 200
Free-cash
91 269
90 752
92 641
96 642

Estimated living cost  is ₽21200 per week

₽14188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
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.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58973
₽13318
₽64684
₽66233
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
chamber of commerce
-
-
-
734
unemployment
-
-
-
6 132
health
-
-
-
8 934
income
-
-
-
51 693
surtax
-
-
-
197
pensions
-
-
-
21 608
total
-
-
-
89 298
Employee
49 965
39 843
147 450
-
income
5 688
2 939
41 839
-
pensions
5 117
4 079
11 960
-
unemployment
1 499
1 195
3 504
-
health
1 933
1 542
4 519
-
other
499
398
1 169
-
total
14 736
10 153
62 991
-
Employer
49 965
39 843
147 450
-
pensions
6 271
5 001
14 658
-
other
2 373
1 892
6 743
-
accident
649
518
1 518
-
health
1 888
1 506
4 415
-
payroll
1 499
1 195
4 423
-
chamber of commerce
199
159
590
-
unemployment
1 499
1 195
3 504
-
surtax
197
197
197
-
total
14 575
11 663
36 048
-
Corporate
118 960
131 993
143 657
-
income

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

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

29 740
32 998
35 914
-
total
29 740
32 998
35 914
-
Dividends
89 220
98 995
-
-
withholding
24 536
27 224
-
-
total
24 536
27 224
-
-
Income
183 500
183 500
183 500
183 500
Total tax
83 587
82 038
134 953
89 298
After tax
99 913
101 462
48 547
94 202
Living cost
35 229
35 229
35 229
35 229
Free-cash
64 684
66 233
13 318
58 973

Estimated living cost  is ₽35229 per week

₽23496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43147
₽27738
₽51162
₽66159
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
social contributions
-
-
-
24 926
communal

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

-
-
-
9 515
national
-
-
-
69 458
total
-
-
-
103 899
Employee

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

71 515
-
142 128
-
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.

5 364
-
10 659
-
national
21 987
-
51 948
-
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.

622
-
1 237
-
communal

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

3 730
-
7 413
-
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.

3 360
-
6 678
-
total
35 063
-
77 935
-
Employer

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

71 515
-
142 128
-
pensions

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

6 337
-
12 592
-
accident

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

930
-
1 848
-
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.

4 398
-
8 741
-
unemployment

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

1 044
-
2 076
-
surtax
8 109
-
16 116
-
total
20 818
-
41 373
-
Corporate
91 168
183 500
-
-
surtax
364
734
-
-
income
18 233
36 699
-
-
total
18 597
37 433
-
-
Dividends
72 571
146 067
-
-
withholding

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

21 407
43 455
-
-
total
21 407
43 455
-
-
Income
183 500
183 500
183 500
183 500
Total tax
95 885
80 888
119 308
103 899
After tax
87 615
102 612
64 192
79 601
Living cost
36 454
36 454
36 454
36 454
Free-cash
51 162
66 159
27 738
43 147

Estimated living cost  is ₽36454 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66791
₽62596
₽79269
₽86119
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
52 802
pensions
-
-
-
26 224
total
-
-
-
80 603
Employee
49 767
-
153 957
-
income
10 501
-
49 370
-
pensions
2 339
-
4 356
-
unemployment
772
-
1 436
-
other
49
-
93
-
total
13 661
-
55 255
-
Employer
49 767
-
153 957
-
pensions
11 744
-
21 870
-
other
397
-
742
-
accident
985
-
1 835
-
unemployment
2 738
-
5 096
-
total
15 864
-
29 543
-
Corporate
117 870
183 500
-
-
income

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

17 681
27 526
-
-
total
17 681
27 526
-
-
Dividends
100 189
155 974
-
-
withholding
20 919
33 749
-
-
total
20 919
33 749
-
-
Income
183 500
183 500
183 500
183 500
Total tax
68 125
61 275
84 798
80 603
After tax
115 375
122 225
98 702
102 897
Living cost
36 106
36 106
36 106
36 106
Free-cash
79 269
86 119
62 596
66 791

Estimated living cost  is ₽36106 per week

₽26588
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.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35565
₽42879
₽39465
₽52491
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
accident
-
-
-
1 546
health
-
-
-
12 892
income
-
-
-
30 965
communal
-
-
-
11 598
surtax
-
-
-
9 097
pensions
-
-
-
27 505
total
-
-
-
93 603
Employee
75 713
-
163 912
-
income
7 313
-
36 249
-
pensions
6 056
-
13 112
-
health
3 370
-
7 295
-
surtax
4 641
-
10 046
-
total
21 380
-
66 702
-
Employer
75 713
-
163 912
-
pensions
6 056
-
13 112
-
accident
681
-
1 476
-
health
2 309
-
4 999
-
total
9 046
-
19 587
-
Corporate
98 741
183 500
-
-
communal
6 665
12 385
-
-
surtax
1 036
1 928
-
-
income
14 812
27 526
-
-
total
22 513
41 839
-
-
Dividends
76 228
141 661
-
-
withholding
11 435
21 250
-
-
income
25 329
13 588
-
-
total
36 764
34 838
-
-
Income
183 500
183 500
183 500
183 500
Total tax
89 703
76 677
86 289
93 603
After tax
93 797
106 823
97 211
89 897
Living cost
54 332
54 332
54 332
54 332
Free-cash
39 465
52 491
42 879
35 565

Estimated living cost  is ₽54332 per week

₽40757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64283
₽58170
₽89787
₽92964
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 473
income
-
-
-
52 160
surtax
-
-
-
8 213
pensions
-
-
-
26 687
total
-
-
-
96 761
Employee
33 669
-
155 413
-
income
5 644
-
46 180
-
pensions
2 246
-
8 900
-
unemployment
2 343
-
9 287
-
health
859
-
3 402
-
other
-
-
-
-
surtax
120
-
7 018
-
total
11 212
-
74 787
-
Employer
33 669
-
155 413
-
pensions
4 489
-
17 787
-
other
-
-
-
-
health
1 531
-
6 071
-
unemployment
1 068
-
4 229
-
total
7 088
-
28 087
-
Corporate
142 743
183 500
-
-
income
37 113
47 711
-
-
total
37 113
47 711
-
-
Dividends
105 630
135 789
-
-
withholding
15 844
20 369
-
-
total
15 844
20 369
-
-
Income
183 500
183 500
183 500
183 500
Total tax
71 257
68 080
102 874
96 761
After tax
112 243
115 420
80 626
86 739
Living cost
22 456
22 456
22 456
22 456
Free-cash
89 787
92 964
58 170
64 283

Estimated living cost  is ₽22456 per week

₽13558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1952
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.
₽6426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59741
₽51496
₽67301
₽69519
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
social contributions
-
-
-
47 197
municipal
-
-
-
1 091
national
-
-
-
45 772
regional
-
-
-
2 767
total
-
-
-
96 827
Employee
55 460
-
183 500
-
national
8 786
-
39 754
-
social contributions
18 701
-
61 876
-
municipal
294
-
973
-
regional
747
-
2 469
-
total
28 528
-
105 072
-
Employer
55 460
-
183 500
-
total
-
-
-
-
Corporate
128 040
183 500
-
-
nationa
30 730
44 040
-
-
municipal
6 363
9 120
-
-
total
37 093
53 160
-
-
Dividends
90 947
130 340
-
-
withholding
23 646
33 889
-
-
total
23 646
33 889
-
-
Income
183 500
183 500
183 500
183 500
Total tax
89 267
87 049
105 072
96 827
After tax
94 233
96 451
78 428
86 673
Living cost
26 932
26 932
26 932
26 932
Free-cash
67 301
69 519
51 496
59 741

Estimated living cost  is ₽26932 per week

₽16749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6993
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75549
₽67694
₽86193
₽96750
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
social contributions
-
-
-
34 554
health
-
-
-
24 772
income
-
-
-
18 626
solidarity contribution
-
-
-
409
total
-
-
-
78 361
Employee
43 515
-
141 208
-
income
5 222
-
17 168
-
solidarity contribution
-
-
-
-
social contributions
2 828
-
7 692
-
health
5 875
-
19 063
-
total
13 925
-
43 923
-
Employer
43 515
-
141 208
-
health
3 916
-
12 709
-
social contributions
10 879
-
29 584
-
total
14 795
-
42 293
-
Corporate
125 190
183 500
-
-
income
23 786
34 865
-
-
total
23 786
34 865
-
-
Dividends
101 404
148 635
-
-
withholding
15 211
22 295
-
-
total
15 211
22 295
-
-
Income
183 500
183 500
183 500
183 500
Total tax
67 717
57 160
86 216
78 361
After tax
115 783
126 340
97 284
105 139
Living cost
29 590
29 590
29 590
29 590
Free-cash
86 193
96 750
67 694
75 549

Estimated living cost  is ₽29590 per week

₽22005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62502
₽16698
₽69176
₽69673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
chamber of commerce
-
-
-
734
unemployment
-
-
-
6 132
health
-
-
-
8 934
income
-
-
-
51 693
surtax
-
-
-
-
pensions
-
-
-
21 608
total
-
-
-
89 101
Employee
43 704
39 843
147 636
-
income
3 893
2 939
41 928
-
pensions
4 476
4 079
11 960
-
unemployment
1 311
1 195
3 504
-
health
1 690
1 542
4 519
-
other
436
398
1 169
-
total
11 806
10 153
63 080
-
Employer
43 704
39 843
147 636
-
pensions
5 485
5 001
14 658
-
other
2 076
1 892
6 751
-
accident
567
518
1 518
-
health
1 653
1 506
4 415
-
payroll
1 311
1 195
4 428
-
chamber of commerce
175
159
590
-
unemployment
1 311
1 195
3 504
-
surtax
-
-
-
-
total
12 578
11 466
35 864
-
Corporate
127 219
132 190
143 841
-
income

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

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

31 804
33 047
35 961
-
total
31 804
33 047
35 961
-
Dividends
95 415
99 143
-
-
withholding
26 239
27 264
-
-
total
26 239
27 264
-
-
Income
183 500
183 500
183 500
183 500
Total tax
82 427
81 930
134 905
89 101
After tax
101 073
101 570
48 595
94 399
Living cost
31 897
31 897
31 897
31 897
Free-cash
69 176
69 673
16 698
62 502

Estimated living cost  is ₽31897 per week

₽19134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
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.
₽8936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽167623
₽132758
₽157649
₽160283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
183 500
microenterprise

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

-
-
-
1 835
total
-
-
-
1 835
Employee
17 552
-
183 500
-
income
3 511
-
36 700
-
total
3 511
-
36 700
-
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%.

165 948
183 500
-
-
total
-
-
-
-
Dividends
165 948
183 500
-
-
withholding
8 298
9 175
-
-
total
8 298
9 175
-
-
Income
183 500
183 500
183 500
183 500
Total tax
11 809
9 175
36 700
1 835
After tax
171 691
174 325
146 800
181 665
Living cost
14 042
14 042
14 042
14 042
Free-cash
157 649
160 283
132 758
167 623

Estimated living cost  is ₽14042 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62432
₽57568
₽91160
₽99524
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
183 500
unemployment
-
-
-
275
health
-
-
-
18 056
income
-
-
-
42 409
pensions
-
-
-
33 512
total
-
-
-
94 252
Employee

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

44 211
-
158 778
-
income
7 624
-
39 302
-
pensions
6 853
-
24 612
-
unemployment
63
-
222
-
health
2 855
-
10 259
-
total
17 395
-
74 395
-
Employer

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

44 211
-
158 778
-
pensions
3 912
-
14 051
-
health
2 945
-
10 575
-
unemployment
27
-
95
-
total
6 884
-
24 721
-
Corporate
132 406
183 500
-
-
income
25 158
34 864
-
-
total
25 158
34 864
-
-
Dividends
107 248
148 636
-
-
withholding
16 087
22 295
-
-
total
16 087
22 295
-
-
Income
183 500
183 500
183 500
183 500
Total tax
65 524
57 159
99 116
94 252
After tax
117 976
126 341
84 384
89 248
Living cost
26 816
26 816
26 816
26 816
Free-cash
91 160
99 524
57 568
62 432

Estimated living cost  is ₽26816 per week

₽18404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83764
₽127326
₽21134
₽68592
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
social contributions
-
-
-
20 919
income
-
-
-
35 768
total
-
-
-
56 687
Employee
61 727
-
-
-
income
13 616
-
-
-
social contributions
5 062
-
721
-
total
18 678
-
721
-
Employer
61 727
-
-
-
social contributions
87 035
-
12 404
-
total
87 035
-
12 404
-
Corporate
34 738
183 500
-
-
income
7 643
40 370
-
-
total
7 643
40 370
-
-
Dividends
27 096
143 130
-
-
income
5 961
31 489
-
-
total
5 961
31 489
-
-
Income
183 500
183 500
183 500
183 500
Total tax
119 317
71 859
13 125
56 687
After tax
64 183
111 641
170 375
126 813
Living cost
43 049
43 049
43 049
43 049
Free-cash
21 134
68 592
127 326
83 764

Estimated living cost  is ₽43049 per week

₽27932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66439
₽52526
₽72008
₽73014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
183 500
social contributions

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

-
-
-
63 766
income
-
-
-
21 935
surtax
-
-
-
-
total
-
-
-
85 701
Employee
45 982
-
148 283
-
income
9 564
-
48 086
-
social contributions
5 058
-
16 311
-
surtax
-
-
-
-
total
14 622
-
64 397
-
Employer
45 982
-
148 283
-
social contributions
10 921
-
35 217
-
total
10 921
-
35 217
-
Corporate
126 597
183 500
-
-
surtax
-
-
-
-
income
26 585
38 536
-
-
total
26 585
38 536
-
-
Dividends
100 012
144 964
-
-
withholding
28 004
40 590
-
-
total
28 004
40 590
-
-
Income
183 500
183 500
183 500
183 500
Total tax
80 132
79 126
99 614
85 701
After tax
103 368
104 374
83 886
97 799
Living cost
31 360
31 360
31 360
31 360
Free-cash
72 008
73 014
52 526
66 439

Estimated living cost  is ₽31360 per week

₽23464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55001
₽51705
₽51067
₽44196
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
other
-
-
-
5 688
social contributions
-
-
-
5 229
health
-
-
-
7 989
income
-
-
-
29 290
surtax
-
-
-
-
pensions
-
-
-
32 015
total
-
-
-
80 211
Employee
62 618
-
141 779
-
income
5 464
-
27 789
-
pensions
7 083
-
9 957
-
social contributions
1 783
-
4 039
-
surtax
-
-
-
-
total
14 330
-
41 785
-
Employer
62 618
-
141 779
-
pensions
10 289
-
16 746
-
other
2 161
-
5 573
-
health
4 383
-
13 237
-
unemployment
2 537
-
5 741
-
social contributions
188
-
425
-
total
19 558
-
41 722
-
Corporate
101 324
183 500
-
-
surtax
-
-
-
-
income
28 370
51 380
-
-
total
28 370
51 380
-
-
Dividends
72 954
132 120
-
-
surtax
-
-
-
-
social contributions
12 549
22 726
-
-
withholding
9 338
16 910
-
-
total
21 887
39 636
-
-
Income
183 500
183 500
183 500
183 500
Total tax
84 145
91 016
83 507
80 211
After tax
99 355
92 484
99 993
103 289
Living cost
48 288
48 288
48 288
48 288
Free-cash
51 067
44 196
51 705
55 001

Estimated living cost  is ₽48288 per week

₽32681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104835
₽109710
₽131738
₽135096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
social contributions
-
-
-
40 370
income
-
-
-
8 242
total
-
-
-
48 612
Employee
32 142
-
158 873
-
social contributions
2 089
-
10 327
-
income
-
-
8 783
-
total
2 089
-
19 110
-
Employer
32 142
-
158 873
-
social contributions
4 982
-
24 627
-
total
4 982
-
24 627
-
Corporate
146 376
183 500
-
-
income
14 638
18 351
-
-
total
14 638
18 351
-
-
Dividends
131 738
165 149
-
-
total
-
-
-
-
Income
183 500
183 500
183 500
183 500
Total tax
21 709
18 351
43 737
48 612
After tax
161 791
165 149
139 763
134 888
Living cost
30 053
30 053
30 053
30 053
Free-cash
131 738
135 096
109 710
104 835

Estimated living cost  is ₽30053 per week

₽19432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59631
-₽34425
-₽34425
-₽34425
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
municipal
-
-
-
38 441
national
-
-
-
21 779
labour market
-
-
-
14 611
pensions
-
-
-
867
total
-
-
-
75 698
Employee
203 317
203 317
203 317
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 317
203 317
203 317
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
183 500
183 500
183 500
183 500
Total tax
169 754
169 754
169 754
75 698
After tax
13 746
13 746
13 746
107 802
Living cost
48 171
48 171
48 171
48 171
Free-cash
-34 425
-34 425
-34 425
59 631

Estimated living cost  is ₽48171 per week

₽32969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103821
₽78366
₽11552
-₽6728
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
51 150
pensions
-
-
-
4 145
total
-
-
-
58 088
Employee
33 964
-
165 699
-
income
4 659
-
39 171
-
pensions
3 825
-
7 600
-
health
3 889
-
18 972
-
total
12 373
-
65 743
-
Employer
33 964
-
165 699
-
pensions
5 522
-
10 974
-
accident
567
-
2 767
-
unemployment
832
-
4 059
-
total
6 921
-
17 800
-
Corporate
142 614
183 500
-
-
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.

128 353
165 150
-
-
total
128 353
165 150
-
-
Dividends
14 261
18 350
-
-
withholding
2 710
3 487
-
-
total
2 710
3 487
-
-
Income
183 500
183 500
183 500
183 500
Total tax
150 357
168 637
83 543
58 088
After tax
33 143
14 863
99 957
125 412
Living cost
21 591
21 591
21 591
21 591
Free-cash
11 552
-6 728
78 366
103 821

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78896
₽57409
₽78833
₽76141
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
183 500
municipal
-
-
-
32 597
health
-
-
-
2 410
national
-
-
-
31 213
total
-
-
-
66 220
Employee
52 601
-
154 369
-
pensions
3 550
-
10 420
-
national
869
-
18 741
-
municipal
8 616
-
25 141
-
unemployment
789
-
2 315
-
health
393
-
1 960
-
total
14 217
-
58 577
-
Employer
52 601
-
154 369
-
pensions
9 126
-
26 784
-
accident
53
-
154
-
health
404
-
1 188
-
unemployment
342
-
1 004
-
total
9 925
-
29 130
-
Corporate
120 975
183 500
-
-
income
24 194
36 699
-
-
total
24 194
36 699
-
-
Dividends

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

72 585
110 101
-
-
municipal
13 065
19 819
-
-
national
4 882
12 457
-
-
total
17 947
32 276
-
-
Income
183 500
183 500
183 500
183 500
Total tax
66 283
68 975
87 707
66 220
After tax
117 217
114 525
95 793
117 280
Living cost
38 384
38 384
38 384
38 384
Free-cash
78 833
76 141
57 409
78 896

Estimated living cost  is ₽38384 per week

₽25073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101904
₽100311
₽105252
₽110692
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
social contributions
-
-
-
16 176
health
-
-
-
4 679
income
-
-
-
37 593
total
-
-
-
58 448
Employee
76 879
76 879
171 718
-
income
8 371
7 117
36 733
-
social contributions
2 907
6 381
8 606
-
health
596
1 307
2 920
-
total
11 874
14 805
48 259
-
Employer
76 879
76 879
171 718
-
health
647
1 423
3 176
-
social contributions
2 907
6 381
8 606
-
total
3 554
7 804
11 782
-
Corporate
144 925
98 818
-
-
income
18 115
12 351
-
-
total
18 115
12 351
-
-
Dividends
126 810
86 466
-
-
withholding
21 557
14 700
-
-
total
21 557
14 700
-
-
Income
183 500
183 500
183 500
183 500
Total tax
55 100
49 660
60 041
58 448
After tax
128 400
133 840
123 459
125 052
Living cost
23 148
23 148
23 148
23 148
Free-cash
105 252
110 692
100 311
101 904

Estimated living cost  is ₽23148 per week

₽13873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138890
₽118836
₽130994
₽136082
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
183 500
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
18 730
pensions
-
-
-
6 360
total
-
-
-
28 736
Employee

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

22 948
-
173 729
-
income
1 569
-
16 252
-
pensions
3 442
-
14 230
-
unemployment
114
-
474
-
health
1 950
-
8 063
-
total
7 075
-
39 019
-
Employer

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

22 948
-
173 729
-
pensions
1 262
-
5 218
-
health
987
-
4 079
-
unemployment
114
-
474
-
total
2 363
-
9 771
-
Corporate
158 189
183 500
-
-
income
14 237
16 516
-
-
total
14 237
16 516
-
-
Dividends
143 952
166 984
-
-
withholding
12 957
15 028
-
-
total
12 957
15 028
-
-
Income
183 500
183 500
183 500
183 500
Total tax
36 632
31 544
48 790
28 736
After tax
146 868
151 956
134 710
154 764
Living cost
15 874
15 874
15 874
15 874
Free-cash
130 994
136 082
118 836
138 890

Estimated living cost  is ₽15874 per week

₽10128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75404
₽71209
₽90316
₽94732
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
52 802
pensions
-
-
-
26 224
total
-
-
-
80 603
Employee
36 968
-
153 957
-
income
7 127
-
49 370
-
pensions
1 738
-
4 356
-
unemployment
573
-
1 436
-
other
36
-
93
-
total
9 474
-
55 255
-
Employer
36 968
-
153 957
-
pensions
8 724
-
21 870
-
other
296
-
742
-
accident
732
-
1 835
-
unemployment
2 034
-
5 096
-
total
11 786
-
29 543
-
Corporate
134 746
183 500
-
-
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.

20 212
27 526
-
-
total
20 212
27 526
-
-
Dividends
114 534
155 974
-
-
withholding
24 219
33 749
-
-
total
24 219
33 749
-
-
Income
183 500
183 500
183 500
183 500
Total tax
65 691
61 275
84 798
80 603
After tax
117 809
122 225
98 702
102 897
Living cost
27 493
27 493
27 493
27 493
Free-cash
90 316
94 732
71 209
75 404

Estimated living cost  is ₽27493 per week

₽18557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114929
₽114733
₽111316
₽111766
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
health
-
-
-
1 448
income
-
-
-
62 388
pensions
-
-
-
1 997
total
-
-
-
65 833
Employee
4 171
-
181 253
-
income
807
-
62 283
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
63 781
-
Employer
4 171
-
181 253
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
178 391
183 500
-
-
income
39 246
40 370
-
-
total
39 246
40 370
-
-
Dividends
139 145
143 130
-
-
withholding
27 829
28 626
-
-
total
27 829
28 626
-
-
Income
183 500
183 500
183 500
183 500
Total tax
69 446
68 996
66 029
65 833
After tax
114 054
114 504
117 471
117 667
Living cost
2 738
2 738
2 738
2 738
Free-cash
111 316
111 766
114 733
114 929

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96575
₽96575
₽110366
₽115286
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
183 500
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
41 698
pensions
-
-
-
19 214
total
-
-
-
69 632
Employee

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

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

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

26 076
-
170 272
-
income
3 594
-
41 698
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
56 404
-
Employer

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

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

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

26 076
-
170 272
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
152 756
183 500
-
-
income
22 913
27 525
-
-
total
22 913
27 525
-
-
Dividends
129 843
155 975
-
-
withholding
19 476
23 396
-
-
total
19 476
23 396
-
-
Income
183 500
183 500
183 500
183 500
Total tax
55 841
50 921
69 632
69 632
After tax
127 659
132 579
113 868
113 868
Living cost
17 293
17 293
17 293
17 293
Free-cash
110 366
115 286
96 575
96 575

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70846
₽56933
₽77060
₽77421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
183 500
social contributions

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

-
-
-
63 766
income
-
-
-
21 935
surtax
-
-
-
-
total
-
-
-
85 701
Employee
38 804
-
148 283
-
income
7 582
-
48 086
-
social contributions
4 269
-
16 311
-
surtax
-
-
-
-
total
11 851
-
64 397
-
Employer
38 804
-
148 283
-
social contributions
9 215
-
35 217
-
total
9 215
-
35 217
-
Corporate
135 481
183 500
-
-
surtax
-
-
-
-
income
28 452
38 536
-
-
total
28 452
38 536
-
-
Dividends
107 029
144 964
-
-
withholding
29 968
40 590
-
-
total
29 968
40 590
-
-
Income
183 500
183 500
183 500
183 500
Total tax
79 486
79 126
99 614
85 701
After tax
104 014
104 374
83 886
97 799
Living cost
26 954
26 954
26 954
26 954
Free-cash
77 060
77 421
56 933
70 846

Estimated living cost  is ₽26954 per week

₽19090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67760
₽63565
₽80546
₽87088
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
52 802
pensions
-
-
-
26 224
total
-
-
-
80 603
Employee
48 285
-
153 957
-
income
10 085
-
49 370
-
pensions
2 269
-
4 356
-
unemployment
748
-
1 436
-
other
47
-
93
-
total
13 149
-
55 255
-
Employer
48 285
-
153 957
-
pensions
11 395
-
21 870
-
other
387
-
742
-
accident
956
-
1 835
-
unemployment
2 656
-
5 096
-
total
15 394
-
29 543
-
Corporate
119 820
183 500
-
-
income

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

17 973
27 526
-
-
total
17 973
27 526
-
-
Dividends
101 847
155 974
-
-
withholding
21 301
33 749
-
-
total
21 301
33 749
-
-
Income
183 500
183 500
183 500
183 500
Total tax
67 817
61 275
84 798
80 603
After tax
115 683
122 225
98 702
102 897
Living cost
35 137
35 137
35 137
35 137
Free-cash
80 546
87 088
63 565
67 760

Estimated living cost  is ₽35137 per week

₽25234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129445
₽136721
₽133594
₽139690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
unemployment
-
-
-
140
health
-
-
-
4 017
income
-
-
-
27 525
pensions

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

-
-
-
5 170
total
-
-
-
36 852
Employee
22 779
-
176 647
-
income
2 278
-
17 665
-
pensions

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

2 000
-
3 067
-
health
1 048
-
1 607
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 576
-
22 723
-
Employer
22 779
-
176 647
-
pensions

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

2 510
-
3 849
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 572
-
2 410
-
unemployment
137
-
210
-
total
4 469
-
6 853
-
Corporate
156 252
183 500
-
-
income
15 626
18 350
-
-
total
15 626
18 350
-
-
Dividends
140 626
165 150
-
-
withholding
7 032
8 257
-
-
total
7 032
8 257
-
-
Income
183 500
183 500
183 500
183 500
Total tax
32 703
26 607
29 576
36 852
After tax
150 797
156 893
153 924
146 648
Living cost
17 203
17 203
17 203
17 203
Free-cash
133 594
139 690
136 721
129 445

Estimated living cost  is ₽17203 per week

₽11378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57703
₽77365
₽68907
₽55828
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
183 500
trade
-
-
-
19 662
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.

-
-
-
6 830
income

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

-
-
-
57 541
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.

-
-
-
3 165
total
-
-
-
87 198
Employee

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

49 746
-
183 500
-
surtax

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

226
-
3 165
-
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.

4 091
-
57 541
-
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.

6 830
-
6 830
-
total
11 147
-
67 536
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
133 754
183 500
-
-
trade
19 193
26 332
-
-
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.

1 104
1 514
-
-
income
20 064
27 526
-
-
chamber of commerce
347
421
-
-
total
40 708
55 793
-
-
Dividends
93 046
127 707
-
-
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.

1 258
1 734
-
-
withholding
22 881
31 546
-
-
total
24 139
33 280
-
-
Income
183 500
183 500
183 500
183 500
Total tax
75 994
89 073
67 536
87 198
After tax
107 506
94 427
115 964
96 302
Living cost
38 599
38 599
38 599
38 599
Free-cash
68 907
55 828
77 365
57 703

Estimated living cost  is ₽38599 per week

₽26626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38887
₽38887
₽73707
₽71499
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
social contributions
-
-
-
30 786
income
-
-
-
56 875
total
-
-
-
87 661
Employee
78 205
-
183 500
-
social contributions
6 497
-
30 786
-
income
14 757
-
56 875
-
total
21 254
-
87 661
-
Employer
78 205
-
183 500
-
total
-
-
-
-
Corporate
105 295
183 500
-
-
income
13 161
22 938
-
-
total
13 161
22 938
-
-
Dividends
92 133
160 562
-
-
withholding
18 426
32 111
-
-
total
18 426
32 111
-
-
Income
183 500
183 500
183 500
183 500
Total tax
52 841
55 049
87 661
87 661
After tax
130 659
128 451
95 839
95 839
Living cost
56 952
56 952
56 952
56 952
Free-cash
73 707
71 499
38 887
38 887

Estimated living cost  is ₽56952 per week

₽43328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112072
₽93729
₽81194
₽77701
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
183 500
health

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

-
-
-
6 677
income
-
-
-
28 459
total
-
-
-
35 136
Employee
45 864
-
178 901
-
social contributions
4 595
-
4 599
-
income
4 977
-
44 281
-
total
9 572
-
48 880
-
Employer
45 864
-
178 901
-
social contributions
4 595
-
4 599
-
total
4 595
-
4 599
-
Corporate
133 041
183 500
-
-
income
46 565
64 225
-
-
total
46 565
64 225
-
-
Dividends
86 476
119 275
-
-
social contributions
5 282
5 282
-
-
total
5 282
5 282
-
-
Income
183 500
183 500
183 500
183 500
Total tax
66 014
69 507
53 479
35 136
After tax
117 486
113 993
130 021
148 364
Living cost
36 292
36 292
36 292
36 292
Free-cash
81 194
77 701
93 729
112 072

Estimated living cost  is ₽36292 per week

₽23906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83848
₽67273
₽88030
₽82074
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
income
-
-
-
53 117
pensions
-
-
-
9 176
total
-
-
-
62 293
Employee
51 281
-
160 240
-
income
9 339
-
42 068
-
pensions
3 914
-
11 240
-
health
669
-
2 300
-
total
13 922
-
55 608
-
Employer
51 281
-
160 240
-
pensions
5 181
-
20 217
-
health
975
-
3 043
-
total
6 156
-
23 260
-
Corporate
126 063
183 500
-
-
income

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

23 951
34 865
-
-
total
23 951
34 865
-
-
Dividends
102 112
148 635
-
-
withholding
14 082
29 202
-
-
total
14 082
29 202
-
-
Income
183 500
183 500
183 500
183 500
Total tax
58 111
64 067
78 868
62 293
After tax
125 389
119 433
104 632
121 207
Living cost
37 359
37 359
37 359
37 359
Free-cash
88 030
82 074
67 273
83 848

Estimated living cost  is ₽37359 per week

₽25628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽101684
₽76229
₽11224
-₽8865
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
51 150
pensions
-
-
-
4 145
total
-
-
-
58 088
Employee
37 326
-
165 699
-
income
5 121
-
39 171
-
pensions
4 203
-
7 600
-
health
4 274
-
18 972
-
total
13 598
-
65 743
-
Employer
37 326
-
165 699
-
pensions
6 069
-
10 974
-
accident
623
-
2 767
-
unemployment
914
-
4 059
-
total
7 606
-
17 800
-
Corporate
138 568
183 500
-
-
income

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

124 711
165 150
-
-
total
124 711
165 150
-
-
Dividends
13 857
18 350
-
-
withholding
2 633
3 487
-
-
total
2 633
3 487
-
-
Income
183 500
183 500
183 500
183 500
Total tax
148 548
168 637
83 543
58 088
After tax
34 952
14 863
99 957
125 412
Living cost
23 728
23 728
23 728
23 728
Free-cash
11 224
-8 865
76 229
101 684

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95676
₽117653
₽136238
₽140914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
183 500
work injury
-
-
-
799
unemployment
-
-
-
1 918
income
-
-
-
30 367
health insurance
-
-
-
11 828
pensions
-
-
-
29 411
total
-
-
-
74 323
Employee

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

21 601
-
183 500
-
income
2 160
-
30 367
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
52 346
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
161 899
183 500
-
-
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%.

1 619
1 835
-
-
total
1 619
1 835
-
-
Dividends
160 280
181 665
-
-
withholding
24 042
27 250
-
-
total
24 042
27 250
-
-
Income
183 500
183 500
183 500
183 500
Total tax
33 761
29 085
52 346
74 323
After tax
149 739
154 415
131 154
109 177
Living cost
13 501
13 501
13 501
13 501
Free-cash
136 238
140 914
117 653
95 676

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45263
₽37209
₽52279
₽56827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
183 500
social contributions
-
-
-
47 197
municipal
-
-
-
1 228
national
-
-
-
45 772
regional
-
-
-
4 211
total
-
-
-
98 408
Employee
84 248
-
183 500
-
national
14 237
-
39 754
-
social contributions
28 408
-
61 876
-
municipal
503
-
1 095
-
regional
1 272
-
3 737
-
total
44 420
-
106 462
-
Employer
84 248
-
183 500
-
total
-
-
-
-
Corporate
99 252
183 500
-
-
nationa
23 820
44 040
-
-
municipal
4 783
8 845
-
-
total
28 603
52 885
-
-
Dividends
70 648
130 615
-
-
withholding
18 369
33 959
-
-
total
18 369
33 959
-
-
Income
183 500
183 500
183 500
183 500
Total tax
91 392
86 844
106 462
98 408
After tax
92 108
96 656
77 038
85 092
Living cost
39 829
39 829
39 829
39 829
Free-cash
52 279
56 827
37 209
45 263

Estimated living cost  is ₽39829 per week

₽27977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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