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
₽ 187500
per

Your estimated
City
free-cash

Dresden , Germany
₽76274
₽88735
₽66158
₽65768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
187 500
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.

-
-
-
3 311
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.

-
-
-
6 488
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.

-
-
-
60 200
trade
-
-
-
22 577
total
-
-
-
92 576
Employee

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

36 324
-
187 500
-
income

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

1 015
-
60 200
-
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.

56
-
3 311
-
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.

6 488
-
6 488
-
total
7 559
-
69 999
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
151 176
187 500
-
-
surtax

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

1 247
1 546
-
-
chamber of commerce
362
413
-
-
income
22 676
28 126
-
-
trade
23 809
29 532
-
-
total
48 094
59 617
-
-
Dividends
103 081
127 884
-
-
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.

1 397
1 739
-
-
withholding
25 410
31 610
-
-
total
26 807
33 349
-
-
Income
187 500
187 500
187 500
187 500
Total tax
82 460
92 966
69 999
92 576
After tax
105 040
94 534
117 501
94 924
Living cost
28 766
28 766
28 766
28 766
Free-cash
76 274
65 768
88 735
66 158

Estimated living cost  is ₽28766 per week

₽18095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3354
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63551
₽58565
₽57557
₽64426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
national
-
-
-
32 278
pensions
-
-
-
22 500
municipal
-
-
-
20 575
social contributions
-
-
-
2 016
total
-
-
-
77 369
Employee
81 500
-
162 092
-
pensions
3 260
-
6 484
-
national
15 599
-
33 868
-
municipal
10 067
-
21 300
-
total
28 926
-
61 652
-
Employer
81 500
-
162 092
-
social contributions
876
-
1 742
-
pensions
6 520
-
12 967
-
total
7 396
-
14 709
-
Corporate
93 225
187 500
-
-
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%.

18 645
37 500
-
-
total
18 645
37 500
-
-
Dividends
74 580
150 000
-
-
withholding
16 408
33 000
-
-
total
16 408
33 000
-
-
Income
187 500
187 500
187 500
187 500
Total tax
71 375
70 500
76 361
77 369
After tax
116 125
117 000
111 139
110 131
Living cost
52 574
52 574
52 574
52 574
Free-cash
63 551
64 426
58 565
57 557

Estimated living cost  is ₽52574 per week

₽35734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽787
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11166
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122451
₽60386
₽46682
₽130243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
187 500
surtax
-
-
-
47 812
income
-
-
-
36 861
microenterprise
-
-
-
-
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.

-
-
-
36 387
total
-
-
-
121 060
Employee
27 751
-
144 354
-
income
4 940
-
30 829
-
surtax
-
-
20 931
-
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.

3 053
-
12 450
-
total
7 993
-
64 210
-
Employer
27 751
-
144 354
-
social contributions

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

6 685
-
27 266
-
surtax
-
-
15 880
-
total
6 685
-
43 146
-
Corporate
153 065
187 500
-
-
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%.

30 613
37 499
-
-
total
30 613
37 499
-
-
Dividends

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

122 452
150 001
-
-
total
-
-
-
-
Income
187 500
187 500
187 500
187 500
Total tax
45 291
37 499
107 356
121 060
After tax
142 209
150 001
80 144
66 440
Living cost
19 758
19 758
19 758
19 758
Free-cash
122 451
130 243
60 386
46 682

Estimated living cost  is ₽19758 per week

₽12605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4823
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47527
₽79554
₽62325
₽53347
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
pensions
-
-
-
11 127
health
-
-
-
11 711
income
-
-
-
62 553
total
-
-
-
85 391
Employee
81 101
81 101
169 851
-
income

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

13 275
13 275
27 675
-
pensions
14 598
11 127
11 127
-
health
12 448
10 588
11 711
-
total
40 321
34 990
50 513
-
Employer
81 101
81 101
169 851
-
unemployment
2 920
2 920
3 628
-
health
5 637
5 637
7 005
-
pensions
5 645
5 645
7 016
-
total
14 202
14 202
17 649
-
Corporate
93 192
92 197
-
-
income
18 639
18 439
-
-
total
18 639
18 439
-
-
Dividends
74 553
73 759
-
-
income
15 844
15 674
-
-
withholding
11 183
11 064
-
-
total
27 027
26 738
-
-
Income
187 500
187 500
187 500
187 500
Total tax
100 189
94 369
68 162
85 391
After tax
87 311
93 131
119 338
102 109
Living cost
39 784
39 784
39 784
39 784
Free-cash
47 527
53 347
79 554
62 325

Estimated living cost  is ₽39784 per week

₽28194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7371
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63701
₽56273
₽57189
₽64551
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
unemployment
-
-
-
83
accident
-
-
-
166
national
-
-
-
19 720
pensions
-
-
-
8 961
health
-
-
-
5 173
municipal
-
-
-
48 751
other
-
-
-
9 633
total
-
-
-
92 487
Employee
53 896
-
161 454
-
national
-
-
19 212
-
municipal
16 072
-
48 145
-
total
16 072
-
67 357
-
Employer
53 896
-
161 454
-
accident
108
-
166
-
unemployment
1 423
-
2 188
-
health
3 315
-
5 098
-
pensions
5 826
-
8 961
-
other
6 263
-
9 633
-
total
16 935
-
26 046
-
Corporate
116 670
187 500
-
-
income
25 667
41 250
-
-
total
25 667
41 250
-
-
Dividends
91 003
146 250
-
-
withholding
27 301
43 875
-
-
total
27 301
43 875
-
-
Income
187 500
187 500
187 500
187 500
Total tax
85 975
85 125
93 403
92 487
After tax
101 525
102 375
94 097
95 013
Living cost
37 824
37 824
37 824
37 824
Free-cash
63 701
64 551
56 273
57 189

Estimated living cost  is ₽37824 per week

₽25068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69609
₽80193
₽56612
₽56262
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
187 500
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.

-
-
-
3 311
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.

-
-
-
6 488
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.

-
-
-
60 200
trade
-
-
-
23 581
total
-
-
-
93 580
Employee

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

48 161
-
187 500
-
income

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

4 138
-
60 200
-
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.

227
-
3 311
-
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.

6 488
-
6 488
-
total
10 853
-
69 999
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
139 339
187 500
-
-
surtax

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

1 150
1 546
-
-
chamber of commerce
342
411
-
-
income
20 901
28 126
-
-
trade
22 921
30 844
-
-
total
45 314
60 927
-
-
Dividends
94 025
126 573
-
-
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.

1 272
1 721
-
-
withholding
23 144
31 282
-
-
total
24 416
33 003
-
-
Income
187 500
187 500
187 500
187 500
Total tax
80 583
93 930
69 999
93 580
After tax
106 917
93 570
117 501
93 920
Living cost
37 308
37 308
37 308
37 308
Free-cash
69 609
56 262
80 193
56 612

Estimated living cost  is ₽37308 per week

₽24952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101974
₽94745
₽96341
₽105913
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
health
-
-
-
4 781
income
-
-
-
40 208
social contributions
-
-
-
15 366
total
-
-
-
60 355
Employee
73 028
73 028
176 068
-
income
7 669
6 760
39 350
-
social contributions
3 549
6 061
8 175
-
health
726
1 242
2 994
-
total
11 944
14 063
50 519
-
Employer
73 028
73 028
176 068
-
social contributions
3 549
6 061
8 175
-
health
791
1 352
3 257
-
total
4 340
7 413
11 432
-
Corporate
140 413
107 060
-
-
income
17 552
13 382
-
-
total
17 552
13 382
-
-
Dividends
122 861
93 678
-
-
withholding
20 886
15 925
-
-
total
20 886
15 925
-
-
Income
187 500
187 500
187 500
187 500
Total tax
54 722
50 783
61 951
60 355
After tax
132 778
136 717
125 549
127 145
Living cost
30 804
30 804
30 804
30 804
Free-cash
101 974
105 913
94 745
96 341

Estimated living cost  is ₽30804 per week

₽21057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6823
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87273
₽90275
₽111470
₽86887
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
unemployment
-
-
-
2 812
pensions
-
-
-
18 750
health
-
-
-
13 125
income
-
-
-
22 922
total
-
-
-
57 609
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.

26 592
10 583
156 904
-
income
3 251
1 294
19 181
-
pensions
2 659
1 058
15 690
-
unemployment
399
159
2 354
-
health
1 861
741
10 983
-
total
8 170
3 252
48 208
-
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.

26 592
10 583
156 904
-
pensions
5 185
2 064
30 596
-
total
5 185
2 064
30 596
-
Corporate
155 723
174 853
-
-
income
14 015
15 737
-
-
total
14 015
15 737
-
-
Dividends
141 708
159 116
-
-
social contributions
27 512
30 907
-
-
withholding
26 924
30 232
-
-
total
54 436
61 139
-
-
Income
187 500
187 500
187 500
187 500
Total tax
81 806
82 192
78 804
57 609
After tax
105 694
105 308
108 696
129 891
Living cost
18 421
18 421
18 421
18 421
Free-cash
87 273
86 887
90 275
111 470

Estimated living cost  is ₽18421 per week

₽12571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121161
₽85135
₽77562
₽127062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
pensions
-
-
-
37 499
health
-
-
-
24 375
income
-
-
-
25 125
total
-
-
-
86 999
Employee
26 942
-
140 135
-
income
3 033
-
27 017
-
pensions
539
-
2 802
-
unemployment
431
-
2 242
-
total
4 003
-
32 061
-
Employer
26 942
-
140 135
-
unemployment
216
-
1 121
-
health
3 502
-
18 217
-
pensions
5 389
-
28 027
-
total
9 107
-
47 365
-
Corporate
151 452
187 500
-
-
income
30 290
37 499
-
-
total
30 290
37 499
-
-
Dividends
121 161
150 001
-
-
total
-
-
-
-
Income
187 500
187 500
187 500
187 500
Total tax
43 400
37 499
79 426
86 999
After tax
144 100
150 001
108 074
100 501
Living cost
22 939
22 939
22 939
22 939
Free-cash
121 161
127 062
85 135
77 562

Estimated living cost  is ₽22939 per week

₽15734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1366
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.
₽5378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12036
₽82102
₽107542
-₽5365
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
accident
-
-
-
236
pensions
-
-
-
3 887
health
-
-
-
2 037
income
-
-
-
52 900
other
-
-
-
346
total
-
-
-
59 406
Employee
32 330
-
170 196
-
income
4 435
-
40 928
-
pensions
3 640
-
7 127
-
health
3 702
-
19 487
-
total
11 777
-
67 542
-
Employer
32 330
-
170 196
-
accident
540
-
2 842
-
unemployment
792
-
4 170
-
pensions
5 257
-
10 292
-
total
6 589
-
17 304
-
Corporate
148 581
187 500
-
-
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.

133 723
168 750
-
-
total
133 723
168 750
-
-
Dividends
14 858
18 750
-
-
withholding
2 823
3 563
-
-
total
2 823
3 563
-
-
Income
187 500
187 500
187 500
187 500
Total tax
154 912
172 313
84 846
59 406
After tax
32 588
15 187
102 654
128 094
Living cost
20 552
20 552
20 552
20 552
Free-cash
12 036
-5 365
82 102
107 542

Estimated living cost  is ₽20552 per week

₽15063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1139
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.
₽3922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168145
₽141595
₽177220
₽169720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
187 500
microenterprise

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

-
-
-
1 875
total
-
-
-
1 875
Employee
10 506
-
187 500
-
income
2 101
-
37 500
-
total
2 101
-
37 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

176 994
187 500
-
-
total
-
-
-
-
Dividends
176 994
187 500
-
-
withholding
8 849
9 375
-
-
total
8 849
9 375
-
-
Income
187 500
187 500
187 500
187 500
Total tax
10 950
9 375
37 500
1 875
After tax
176 550
178 125
150 000
185 625
Living cost
8 405
8 405
8 405
8 405
Free-cash
168 145
169 720
141 595
177 220

Estimated living cost  is ₽8405 per week

₽5209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽699
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽231
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106036
₽81820
₽83432
₽112451
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
pensions

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

-
-
-
34 661
health
-
-
-
6 355
income
-
-
-
30 887
other
-
-
-
6 859
total
-
-
-
78 762
Employee
34 483
-
151 053
-
income
5 937
-
30 352
-
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.

2 413
-
10 109
-
unemployment
344
-
1 444
-
health
483
-
2 022
-
total
9 177
-
43 927
-
Employer
34 483
-
151 053
-
accident
276
-
1 209
-
unemployment
344
-
1 444
-
health
483
-
2 022
-
pensions

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

5 863
-
24 552
-
other
1 725
-
7 220
-
total
8 691
-
36 447
-
Corporate
144 327
187 500
-
-
income
30 308
39 375
-
-
total
30 308
39 375
-
-
Dividends
114 018
148 125
-
-
withholding
7 982
10 368
-
-
total
7 982
10 368
-
-
Income
187 500
187 500
187 500
187 500
Total tax
56 158
49 743
80 374
78 762
After tax
131 342
137 757
107 126
108 738
Living cost
25 306
25 306
25 306
25 306
Free-cash
106 036
112 451
81 820
83 432

Estimated living cost  is ₽25306 per week

₽17880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5309
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63069
₽41863
₽58733
₽56534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
pensions
-
-
-
9 006
income
-
-
-
55 537
total
-
-
-
64 543
Employee
90 867
-
163 623
-
income
16 380
-
44 290
-
pensions
8 766
-
10 945
-
health
1 497
-
2 301
-
total
26 643
-
57 536
-
Employer
90 867
-
163 623
-
health
1 726
-
3 109
-
pensions
10 729
-
20 768
-
total
12 455
-
23 877
-
Corporate
84 178
187 500
-
-
income

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

15 995
35 625
-
-
total
15 995
35 625
-
-
Dividends
68 183
151 875
-
-
withholding
5 114
31 117
-
-
total
5 114
31 117
-
-
Income
187 500
187 500
187 500
187 500
Total tax
60 207
66 742
81 413
64 543
After tax
127 293
120 758
106 087
122 957
Living cost
64 224
64 224
64 224
64 224
Free-cash
63 069
56 534
41 863
58 733

Estimated living cost  is ₽64224 per week

₽48124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7546
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.
₽8032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽142885
₽144865
₽137354
₽147445
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
unemployment
-
-
-
137
pensions

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

-
-
-
5 074
health
-
-
-
3 942
income
-
-
-
28 125
total
-
-
-
37 278
Employee
17 039
-
180 774
-
income
1 704
-
18 077
-
pensions

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

1 496
-
3 010
-
accident

We are using the highest rate at 1.1%.

188
-
377
-
health
784
-
1 577
-
total
4 172
-
23 041
-
Employer
17 039
-
180 774
-
accident

We are using the highest rate at 1.1%.

188
-
377
-
unemployment
102
-
206
-
health
1 176
-
2 365
-
pensions

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

1 878
-
3 778
-
total
3 344
-
6 726
-
Corporate
167 118
187 500
-
-
income
16 711
18 750
-
-
total
16 711
18 750
-
-
Dividends
150 406
168 750
-
-
withholding
7 520
8 437
-
-
total
7 520
8 437
-
-
Income
187 500
187 500
187 500
187 500
Total tax
31 747
27 187
29 767
37 278
After tax
155 753
160 313
157 733
150 222
Living cost
12 868
12 868
12 868
12 868
Free-cash
142 885
147 445
144 865
137 354

Estimated living cost  is ₽12868 per week

₽7512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽341
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42857
₽66675
₽49446
₽40468
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
pensions
-
-
-
11 127
health
-
-
-
11 711
income
-
-
-
62 553
total
-
-
-
85 391
Employee
88 050
81 101
169 851
-
income

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

13 275
13 275
27 675
-
pensions
11 127
11 127
11 127
-
health
10 985
10 588
11 711
-
total
35 387
34 990
50 513
-
Employer
88 050
81 101
169 851
-
unemployment
3 170
2 920
3 628
-
health
6 119
5 637
7 005
-
pensions
6 128
5 645
7 016
-
total
15 417
14 202
17 649
-
Corporate
84 034
92 197
-
-
income
16 806
18 439
-
-
total
16 806
18 439
-
-
Dividends
67 228
73 759
-
-
income
14 286
15 674
-
-
withholding
10 084
11 064
-
-
total
24 370
26 738
-
-
Income
187 500
187 500
187 500
187 500
Total tax
91 980
94 369
68 162
85 391
After tax
95 520
93 131
119 338
102 109
Living cost
52 663
52 663
52 663
52 663
Free-cash
42 857
40 468
66 675
49 446

Estimated living cost  is ₽52663 per week

₽38847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8508
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97261
₽76938
₽84804
₽105632
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
health
-
-
-
25 313
solidarity contribution
-
-
-
897
income
-
-
-
19 264
social contributions
-
-
-
33 760
total
-
-
-
79 234
Employee
34 503
-
145 500
-
solidarity contribution
-
-
191
-
income
4 140
-
17 751
-
social contributions
2 243
-
7 515
-
health
4 658
-
19 643
-
total
11 041
-
45 100
-
Employer
34 503
-
145 500
-
social contributions
8 626
-
28 905
-
health
3 105
-
13 095
-
total
11 731
-
42 000
-
Corporate
141 267
187 500
-
-
income
26 841
35 625
-
-
total
26 841
35 625
-
-
Dividends
114 426
151 875
-
-
withholding
17 164
22 781
-
-
total
17 164
22 781
-
-
Income
187 500
187 500
187 500
187 500
Total tax
66 777
58 406
87 100
79 234
After tax
120 723
129 094
100 400
108 266
Living cost
23 462
23 462
23 462
23 462
Free-cash
97 261
105 632
76 938
84 804

Estimated living cost  is ₽23462 per week

₽16297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1669
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.
₽5035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55006
₽40398
₽48652
₽59965
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
national
-
-
-
47 877
regional
-
-
-
2 246
municipal
-
-
-
1 119
social contributions
-
-
-
47 532
total
-
-
-
98 774
Employee
84 404
-
187 500
-
regional
796
-
1 990
-
national
14 625
-
41 720
-
social contributions
28 461
-
62 316
-
municipal
447
-
1 002
-
total
44 329
-
107 028
-
Employer
84 404
-
187 500
-
total
-
-
-
-
Corporate
103 096
187 500
-
-
nationa
24 743
45 000
-
-
municipal
4 021
7 312
-
-
total
28 764
52 312
-
-
Dividends
74 332
135 188
-
-
withholding
19 327
35 149
-
-
total
19 327
35 149
-
-
Income
187 500
187 500
187 500
187 500
Total tax
92 420
87 461
107 028
98 774
After tax
95 080
100 039
80 472
88 726
Living cost
40 074
40 074
40 074
40 074
Free-cash
55 006
59 965
40 398
48 652

Estimated living cost  is ₽40074 per week

₽27935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94025
₽61699
₽67504
₽96980
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
unemployment
-
-
-
216
surtax
-
-
-
8 990
pensions
-
-
-
25 350
health
-
-
-
8 999
income
-
-
-
55 484
other
-
-
-
-
total
-
-
-
99 039
Employee
31 406
-
160 820
-
other
-
-
-
-
income
5 264
-
49 803
-
pensions
2 094
-
8 454
-
surtax
103
-
7 854
-
unemployment
2 186
-
8 822
-
health
802
-
3 231
-
total
10 449
-
78 164
-
Employer
31 406
-
160 820
-
unemployment
995
-
4 017
-
health
1 429
-
5 767
-
pensions
4 187
-
16 896
-
other
-
-
-
-
total
6 611
-
26 680
-
Corporate
149 483
187 500
-
-
income
38 865
48 751
-
-
total
38 865
48 751
-
-
Dividends
110 618
138 749
-
-
withholding
16 593
20 812
-
-
total
16 593
20 812
-
-
Income
187 500
187 500
187 500
187 500
Total tax
72 518
69 563
104 844
99 039
After tax
114 982
117 937
82 656
88 461
Living cost
20 957
20 957
20 957
20 957
Free-cash
94 025
96 980
61 699
67 504

Estimated living cost  is ₽20957 per week

₽12814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83223
₽62211
₽79081
₽76882
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
pensions
-
-
-
9 006
income
-
-
-
55 537
total
-
-
-
64 543
Employee
60 897
-
163 623
-
income
10 968
-
44 290
-
pensions
5 169
-
10 945
-
health
884
-
2 301
-
total
17 021
-
57 536
-
Employer
60 897
-
163 623
-
health
1 157
-
3 109
-
pensions
6 592
-
20 768
-
total
7 749
-
23 877
-
Corporate
118 854
187 500
-
-
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.

22 583
35 625
-
-
total
22 583
35 625
-
-
Dividends
96 271
151 875
-
-
withholding
13 048
31 117
-
-
total
13 048
31 117
-
-
Income
187 500
187 500
187 500
187 500
Total tax
60 401
66 742
81 413
64 543
After tax
127 099
120 758
106 087
122 957
Living cost
43 876
43 876
43 876
43 876
Free-cash
83 223
76 882
62 211
79 081

Estimated living cost  is ₽43876 per week

₽32872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3289
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽42762
₽67302
₽75479
₽10620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
national
-
-
-
3 773
pensions
-
-
-
17 252
health
-
-
-
423
regional
-
-
-
9 729
city
-
-
-
1 976
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.

-
-
-
3 751
total
-
-
-
36 904
Employee
87 906
-
167 972
-
pensions
7 385
-
13 943
-
regional
2 878
-
8 444
-
national
416
-
2 830
-
unemployment
-
-
-
-
health
199
-
378
-
city
943
-
1 806
-
total
11 821
-
27 401
-
Employer
87 906
-
167 972
-
unemployment
-
-
-
-
health
199
-
378
-
pensions
7 385
-
13 943
-
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.

1 758
-
3 359
-
total
9 342
-
17 680
-
Corporate
89 285
187 500
-
-
national
7 590
15 938
-
-
regional
18 884
39 657
-
-
total
26 474
55 595
-
-
Dividends
62 812
131 906
-
-
withholding
21 984
46 168
-
-
total
21 984
46 168
-
-
Income
187 500
187 500
187 500
187 500
Total tax
69 621
101 763
45 081
36 904
After tax
117 879
85 737
142 419
150 596
Living cost
75 117
75 117
75 117
75 117
Free-cash
42 762
10 620
67 302
75 479

Estimated living cost  is ₽75117 per week

₽48848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽922
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽64502
₽73995
₽49411
₽49101
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
187 500
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.

-
-
-
3 311
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.

-
-
-
6 488
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.

-
-
-
60 200
trade
-
-
-
24 584
total
-
-
-
94 583
Employee

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

57 076
-
187 500
-
income

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

6 712
-
60 200
-
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.

369
-
3 311
-
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.

6 488
-
6 488
-
total
13 569
-
69 999
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 424
187 500
-
-
surtax

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

1 076
1 546
-
-
chamber of commerce
328
407
-
-
income
19 563
28 126
-
-
trade
22 368
32 156
-
-
total
43 335
62 235
-
-
Dividends
87 090
125 265
-
-
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.

1 177
1 703
-
-
withholding
21 411
30 955
-
-
total
22 588
32 658
-
-
Income
187 500
187 500
187 500
187 500
Total tax
79 492
94 893
69 999
94 583
After tax
108 008
92 607
117 501
92 917
Living cost
43 506
43 506
43 506
43 506
Free-cash
64 502
49 101
73 995
49 411

Estimated living cost  is ₽43506 per week

₽31775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7687
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67616
₽68254
₽72378
₽62008
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
surtax
-
-
-
-
pensions
-
-
-
31 505
health
-
-
-
8 559
income
-
-
-
31 411
social contributions
-
-
-
5 342
other
-
-
-
5 812
total
-
-
-
82 629
Employee
40 646
-
144 161
-
income
2 399
-
28 888
-
pensions
4 596
-
10 419
-
surtax
-
-
-
-
social contributions
1 159
-
4 107
-
total
8 154
-
43 414
-
Employer
40 646
-
144 161
-
unemployment
1 645
-
5 839
-
social contributions
123
-
433
-
health
2 846
-
13 806
-
pensions
6 677
-
17 470
-
other
1 402
-
5 791
-
total
12 693
-
43 339
-
Corporate
134 161
187 500
-
-
surtax
-
-
-
-
income
37 564
52 499
-
-
total
37 564
52 499
-
-
Dividends
96 597
135 001
-
-
surtax
-
-
-
-
social contributions
16 615
23 220
-
-
withholding
12 365
17 280
-
-
total
28 980
40 500
-
-
Income
187 500
187 500
187 500
187 500
Total tax
87 391
92 999
86 753
82 629
After tax
100 109
94 501
100 747
104 871
Living cost
32 493
32 493
32 493
32 493
Free-cash
67 616
62 008
68 254
72 378

Estimated living cost  is ₽32493 per week

₽20488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70507
₽71474
₽75598
₽65228
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
surtax
-
-
-
-
pensions
-
-
-
31 505
health
-
-
-
8 559
income
-
-
-
31 411
social contributions
-
-
-
5 342
other
-
-
-
5 812
total
-
-
-
82 629
Employee
36 282
-
144 161
-
income
1 871
-
28 888
-
pensions
4 104
-
10 419
-
surtax
-
-
-
-
social contributions
1 034
-
4 107
-
total
7 009
-
43 414
-
Employer
36 282
-
144 161
-
unemployment
1 469
-
5 839
-
social contributions
108
-
433
-
health
2 539
-
13 806
-
pensions
5 962
-
17 470
-
other
1 253
-
5 791
-
total
11 331
-
43 339
-
Corporate
139 887
187 500
-
-
surtax
-
-
-
-
income
39 168
52 499
-
-
total
39 168
52 499
-
-
Dividends
100 719
135 001
-
-
surtax
-
-
-
-
social contributions
17 321
23 220
-
-
withholding
12 891
17 280
-
-
total
30 212
40 500
-
-
Income
187 500
187 500
187 500
187 500
Total tax
87 720
92 999
86 753
82 629
After tax
99 780
94 501
100 747
104 871
Living cost
29 273
29 273
29 273
29 273
Free-cash
70 507
65 228
71 474
75 598

Estimated living cost  is ₽29273 per week

₽16977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94746
₽95813
₽100273
₽94254
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
health
-
-
-
13 088
income
-
-
-
28 126
social contributions
-
-
-
25 875
total
-
-
-
67 089
Employee
32 201
-
187 500
-
income
5 371
-
32 586
-
social contributions
4 444
-
25 875
-
health
2 247
-
13 088
-
total
12 062
-
71 549
-
Employer
32 201
-
187 500
-
total
-
-
-
-
Corporate
155 299
187 500
-
-
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%.

7 766
9 375
-
-
total
7 766
9 375
-
-
Dividends
147 534
178 125
-
-
social contributions
20 360
24 581
-
-
withholding
22 130
26 718
-
-
health
10 298
12 434
-
-
total
52 788
63 733
-
-
Income
187 500
187 500
187 500
187 500
Total tax
72 616
73 108
71 549
67 089
After tax
114 884
114 392
115 951
120 411
Living cost
20 138
20 138
20 138
20 138
Free-cash
94 746
94 254
95 813
100 273

Estimated living cost  is ₽20138 per week

₽13477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4954
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68618
₽15969
₽62826
₽70089
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
unemployment
-
-
-
5 825
surtax
-
-
-
187
pensions
-
-
-
20 526
health
-
-
-
8 487
income
-
-
-
55 435
chamber of commerce
-
-
-
750
total
-
-
-
91 210
Employee
47 462
37 847
152 360
-
other
474
378
1 110
-
income
5 403
2 792
45 645
-
pensions
4 861
3 875
11 361
-
unemployment
1 424
1 135
3 329
-
health
1 836
1 465
4 293
-
total
13 998
9 645
65 738
-
Employer
47 462
37 847
152 360
-
chamber of commerce
189
151
609
-
surtax
187
187
187
-
accident
616
492
1 442
-
payroll
1 424
1 135
4 570
-
unemployment
1 424
1 135
3 329
-
health
1 793
1 431
4 194
-
pensions
5 956
4 751
13 924
-
other
2 255
1 797
6 885
-
total
13 844
11 079
35 140
-
Corporate
126 193
138 573
148 755
-
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.

31 548
34 643
37 189
-
total
31 548
34 643
37 189
-
Dividends
94 645
103 930
-
-
withholding
26 028
28 580
-
-
total
26 028
28 580
-
-
Income
187 500
187 500
187 500
187 500
Total tax
85 418
83 947
138 067
91 210
After tax
102 082
103 553
49 433
96 290
Living cost
33 464
33 464
33 464
33 464
Free-cash
68 618
70 089
15 969
62 826

Estimated living cost  is ₽33464 per week

₽22319
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2855
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55952
₽30257
₽46790
₽69726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
national
-
-
-
72 575
communal

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

-
-
-
9 829
social contributions
-
-
-
23 678
total
-
-
-
106 082
Employee

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

67 933
-
145 225
-
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.

5 095
-
10 891
-
communal

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

3 543
-
7 575
-
national
20 885
-
53 784
-
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.

591
-
1 263
-
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.

3 192
-
6 827
-
total
33 306
-
80 340
-
Employer

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

67 933
-
145 225
-
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.

883
-
1 889
-
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.

991
-
2 119
-
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.

4 178
-
8 932
-
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.

6 019
-
12 866
-
surtax
7 703
-
16 469
-
total
19 774
-
42 275
-
Corporate
99 793
187 500
-
-
surtax
398
762
-
-
income
19 958
38 155
-
-
total
20 356
38 917
-
-
Dividends
79 436
148 582
-
-
withholding

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

23 485
44 229
-
-
total
23 485
44 229
-
-
Income
187 500
187 500
187 500
187 500
Total tax
96 921
83 146
122 615
106 082
After tax
90 579
104 354
64 885
81 418
Living cost
34 628
34 628
34 628
34 628
Free-cash
55 952
69 726
30 257
46 790

Estimated living cost  is ₽34628 per week

₽22305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83930
₽66715
₽70700
₽90439
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
unemployment
-
-
-
616
accident
-
-
-
793
pensions
-
-
-
24 911
income
-
-
-
56 094
other
-
-
-
88
total
-
-
-
82 502
Employee
47 274
-
159 437
-
other
47
-
88
-
income
9 975
-
52 834
-
pensions
2 222
-
4 138
-
unemployment
734
-
1 364
-
total
12 978
-
58 424
-
Employer
47 274
-
159 437
-
accident
935
-
1 743
-
unemployment
2 601
-
4 841
-
pensions
11 156
-
20 774
-
other
377
-
705
-
total
15 069
-
28 063
-
Corporate
125 157
187 500
-
-
income

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

18 774
28 126
-
-
total
18 774
28 126
-
-
Dividends
106 384
159 374
-
-
withholding
22 451
34 637
-
-
total
22 451
34 637
-
-
Income
187 500
187 500
187 500
187 500
Total tax
69 272
62 763
86 487
82 502
After tax
118 228
124 737
101 013
104 998
Living cost
34 298
34 298
34 298
34 298
Free-cash
83 930
90 439
66 715
70 700

Estimated living cost  is ₽34298 per week

₽25257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43805
₽46302
₽38827
₽56558
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
accident
-
-
-
1 581
surtax
-
-
-
9 296
pensions
-
-
-
28 104
communal
-
-
-
11 850
health
-
-
-
13 173
income
-
-
-
33 058
total
-
-
-
97 062
Employee
71 920
-
167 486
-
income
6 947
-
38 456
-
pensions
5 753
-
13 400
-
surtax
4 408
-
10 264
-
health
3 201
-
7 452
-
total
20 309
-
69 572
-
Employer
71 920
-
167 486
-
accident
647
-
1 507
-
health
2 193
-
5 108
-
pensions
5 753
-
13 400
-
total
8 593
-
20 015
-
Corporate
106 987
187 500
-
-
surtax
1 123
1 968
-
-
communal
7 222
12 655
-
-
income
16 047
28 126
-
-
total
24 392
42 749
-
-
Dividends
82 595
144 751
-
-
income
26 401
14 869
-
-
withholding
12 389
21 713
-
-
total
38 790
36 582
-
-
Income
187 500
187 500
187 500
187 500
Total tax
92 084
79 331
89 587
97 062
After tax
95 416
108 169
97 913
90 438
Living cost
51 611
51 611
51 611
51 611
Free-cash
43 805
56 558
46 302
38 827

Estimated living cost  is ₽51611 per week

₽38716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93585
₽61325
₽67130
₽96606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
unemployment
-
-
-
216
surtax
-
-
-
8 990
pensions
-
-
-
25 350
health
-
-
-
8 999
income
-
-
-
55 484
other
-
-
-
-
total
-
-
-
99 039
Employee
31 983
-
160 820
-
other
-
-
-
-
income
5 362
-
49 803
-
pensions
2 134
-
8 454
-
surtax
114
-
7 854
-
unemployment
2 226
-
8 822
-
health
816
-
3 231
-
total
10 652
-
78 164
-
Employer
31 983
-
160 820
-
unemployment
1 015
-
4 017
-
health
1 454
-
5 767
-
pensions
4 264
-
16 896
-
other
-
-
-
-
total
6 733
-
26 680
-
Corporate
148 784
187 500
-
-
income
38 683
48 751
-
-
total
38 683
48 751
-
-
Dividends
110 101
138 749
-
-
withholding
16 516
20 812
-
-
total
16 516
20 812
-
-
Income
187 500
187 500
187 500
187 500
Total tax
72 584
69 563
104 844
99 039
After tax
114 916
117 937
82 656
88 461
Living cost
21 331
21 331
21 331
21 331
Free-cash
93 585
96 606
61 325
67 130

Estimated living cost  is ₽21331 per week

₽12879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1855
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70863
₽54337
₽62548
₽72971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
national
-
-
-
47 877
regional
-
-
-
2 841
municipal
-
-
-
1 119
social contributions
-
-
-
47 532
total
-
-
-
99 369
Employee
52 682
-
187 500
-
regional
709
-
2 542
-
national
8 346
-
41 720
-
social contributions
17 765
-
62 316
-
municipal
279
-
1 002
-
total
27 099
-
107 580
-
Employer
52 682
-
187 500
-
total
-
-
-
-
Corporate
134 818
187 500
-
-
nationa
32 356
45 000
-
-
municipal
6 701
9 319
-
-
total
39 057
54 319
-
-
Dividends
95 762
133 180
-
-
withholding
24 898
34 627
-
-
total
24 898
34 627
-
-
Income
187 500
187 500
187 500
187 500
Total tax
91 054
88 946
107 580
99 369
After tax
96 446
98 554
79 920
88 131
Living cost
25 583
25 583
25 583
25 583
Free-cash
70 863
72 971
54 337
62 548

Estimated living cost  is ₽25583 per week

₽15910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89869
₽71489
₽79355
₽100183
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
health
-
-
-
25 313
solidarity contribution
-
-
-
897
income
-
-
-
19 264
social contributions
-
-
-
33 760
total
-
-
-
79 234
Employee
42 516
-
145 500
-
solidarity contribution
-
-
191
-
income
5 102
-
17 751
-
social contributions
2 764
-
7 515
-
health
5 740
-
19 643
-
total
13 606
-
45 100
-
Employer
42 516
-
145 500
-
social contributions
10 629
-
28 905
-
health
3 826
-
13 095
-
total
14 455
-
42 000
-
Corporate
130 528
187 500
-
-
income
24 800
35 625
-
-
total
24 800
35 625
-
-
Dividends
105 728
151 875
-
-
withholding
15 859
22 781
-
-
total
15 859
22 781
-
-
Income
187 500
187 500
187 500
187 500
Total tax
68 720
58 406
87 100
79 234
After tax
118 780
129 094
100 400
108 266
Living cost
28 911
28 911
28 911
28 911
Free-cash
89 869
100 183
71 489
79 355

Estimated living cost  is ₽28911 per week

₽21500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1602
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.
₽5309
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72884
₽19179
₽66178
₽73354
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
unemployment
-
-
-
5 825
surtax
-
-
-
-
pensions
-
-
-
20 526
health
-
-
-
8 487
income
-
-
-
55 435
chamber of commerce
-
-
-
750
total
-
-
-
91 023
Employee
41 514
37 847
152 533
-
other
415
378
1 110
-
income
3 698
2 792
45 728
-
pensions
4 251
3 875
11 361
-
unemployment
1 245
1 135
3 329
-
health
1 606
1 465
4 293
-
total
11 215
9 645
65 821
-
Employer
41 514
37 847
152 533
-
chamber of commerce
166
151
611
-
surtax
-
-
-
-
accident
539
492
1 442
-
payroll
1 245
1 135
4 576
-
unemployment
1 245
1 135
3 329
-
health
1 570
1 431
4 194
-
pensions
5 210
4 751
13 924
-
other
1 972
1 797
6 892
-
total
11 947
10 892
34 968
-
Corporate
134 039
138 760
148 928
-
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.

33 509
34 690
37 233
-
total
33 509
34 690
37 233
-
Dividends
100 529
104 071
-
-
withholding
27 646
28 620
-
-
total
27 646
28 620
-
-
Income
187 500
187 500
187 500
187 500
Total tax
84 317
83 847
138 022
91 023
After tax
103 183
103 653
49 478
96 477
Living cost
30 299
30 299
30 299
30 299
Free-cash
72 884
73 354
19 179
66 178

Estimated living cost  is ₽30299 per week

₽18176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3094
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162571
₽136902
₽172527
₽165027
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
187 500
microenterprise

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

-
-
-
1 875
total
-
-
-
1 875
Employee
16 373
-
187 500
-
income
3 275
-
37 500
-
total
3 275
-
37 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

171 127
187 500
-
-
total
-
-
-
-
Dividends
171 127
187 500
-
-
withholding
8 556
9 375
-
-
total
8 556
9 375
-
-
Income
187 500
187 500
187 500
187 500
Total tax
11 831
9 375
37 500
1 875
After tax
175 669
178 125
150 000
185 625
Living cost
13 098
13 098
13 098
13 098
Free-cash
162 571
165 027
136 902
172 527

Estimated living cost  is ₽13098 per week

₽8864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽550
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95678
₽60112
₽64337
₽103622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
187 500
unemployment
-
-
-
281
pensions
-
-
-
34 243
health
-
-
-
18 450
income
-
-
-
44 716
total
-
-
-
97 690
Employee

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

41 996
-
162 240
-
income
7 242
-
40 802
-
pensions
6 510
-
25 147
-
unemployment
59
-
227
-
health
2 712
-
10 480
-
total
16 523
-
76 656
-
Employer

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

41 996
-
162 240
-
unemployment
25
-
97
-
health
2 797
-
10 804
-
pensions
3 716
-
14 358
-
total
6 538
-
25 259
-
Corporate
138 965
187 500
-
-
income
26 403
35 625
-
-
total
26 403
35 625
-
-
Dividends
112 562
151 875
-
-
withholding
16 885
22 780
-
-
total
16 885
22 780
-
-
Income
187 500
187 500
187 500
187 500
Total tax
66 349
58 405
101 915
97 690
After tax
121 151
129 095
85 585
89 810
Living cost
25 473
25 473
25 473
25 473
Free-cash
95 678
103 622
60 112
64 337

Estimated living cost  is ₽25473 per week

₽17482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1633
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20563
₽129460
₽85099
₽69596
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
income
-
-
-
36 547
social contributions
-
-
-
21 375
total
-
-
-
57 922
Employee
63 776
-
-
-
income
14 068
-
-
-
social contributions
5 230
-
745
-
total
19 298
-
745
-
Employer
63 776
-
-
-
social contributions
89 924
-
12 816
-
total
89 924
-
12 816
-
Corporate
33 800
187 500
-
-
income
7 436
41 250
-
-
total
7 436
41 250
-
-
Dividends
26 364
146 250
-
-
income
5 800
32 175
-
-
total
5 800
32 175
-
-
Income
187 500
187 500
187 500
187 500
Total tax
122 458
73 425
13 561
57 922
After tax
65 042
114 075
173 939
129 578
Living cost
44 479
44 479
44 479
44 479
Free-cash
20 563
69 596
129 460
85 099

Estimated living cost  is ₽44479 per week

₽28859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4183
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75905
₽55112
₽69329
₽76861
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
187 500
surtax
-
-
-
-
income
-
-
-
23 225
social contributions

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

-
-
-
65 157
total
-
-
-
88 382
Employee
43 679
-
151 515
-
income
9 085
-
49 947
-
surtax
-
-
-
-
social contributions
4 805
-
16 667
-
total
13 890
-
66 614
-
Employer
43 679
-
151 515
-
social contributions
10 374
-
35 985
-
total
10 374
-
35 985
-
Corporate
133 447
187 500
-
-
surtax
-
-
-
-
income
28 023
39 375
-
-
total
28 023
39 375
-
-
Dividends
105 424
148 125
-
-
withholding
29 519
41 475
-
-
total
29 519
41 475
-
-
Income
187 500
187 500
187 500
187 500
Total tax
81 806
80 850
102 599
88 382
After tax
105 694
106 650
84 901
99 118
Living cost
29 789
29 789
29 789
29 789
Free-cash
75 905
76 861
55 112
69 329

Estimated living cost  is ₽29789 per week

₽22288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽55159
₽54878
₽59002
₽48632
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
surtax
-
-
-
-
pensions
-
-
-
31 505
health
-
-
-
8 559
income
-
-
-
31 411
social contributions
-
-
-
5 342
other
-
-
-
5 812
total
-
-
-
82 629
Employee
59 482
-
144 161
-
income
5 190
-
28 888
-
pensions
6 728
-
10 419
-
surtax
-
-
-
-
social contributions
1 694
-
4 107
-
total
13 612
-
43 414
-
Employer
59 482
-
144 161
-
unemployment
2 410
-
5 839
-
social contributions
178
-
433
-
health
4 163
-
13 806
-
pensions
9 774
-
17 470
-
other
2 053
-
5 791
-
total
18 578
-
43 339
-
Corporate
109 441
187 500
-
-
surtax
-
-
-
-
income
30 644
52 499
-
-
total
30 644
52 499
-
-
Dividends
78 797
135 001
-
-
surtax
-
-
-
-
social contributions
13 553
23 220
-
-
withholding
10 085
17 280
-
-
total
23 638
40 500
-
-
Income
187 500
187 500
187 500
187 500
Total tax
86 472
92 999
86 753
82 629
After tax
101 028
94 501
100 747
104 871
Living cost
45 869
45 869
45 869
45 869
Free-cash
55 159
48 632
54 878
59 002

Estimated living cost  is ₽45869 per week

₽31044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137011
₽113828
₽108844
₽140201
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
income
-
-
-
8 858
social contributions
-
-
-
41 250
total
-
-
-
50 108
Employee
30 532
-
162 339
-
income
-
-
9 411
-
social contributions
1 984
-
10 552
-
total
1 984
-
19 963
-
Employer
30 532
-
162 339
-
social contributions
4 733
-
25 161
-
total
4 733
-
25 161
-
Corporate
152 235
187 500
-
-
income
15 224
18 751
-
-
total
15 224
18 751
-
-
Dividends
137 012
168 749
-
-
total
-
-
-
-
Income
187 500
187 500
187 500
187 500
Total tax
21 941
18 751
45 124
50 108
After tax
165 559
168 749
142 376
137 392
Living cost
28 548
28 548
28 548
28 548
Free-cash
137 011
140 201
113 828
108 844

Estimated living cost  is ₽28548 per week

₽18459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2152
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7400
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19019
-₽19019
₽63748
-₽19019
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
national
-
-
-
22 680
pensions
-
-
-
822
municipal
-
-
-
39 667
labour market
-
-
-
14 934
total
-
-
-
78 103
Employee
192 674
192 674
192 674
-
labour market
15 392
15 392
15 392
-
pensions
274
274
274
-
national
23 539
23 539
23 539
-
municipal
41 029
41 029
41 029
-
total
80 234
80 234
80 234
-
Employer
192 674
192 674
192 674
-
labour market
15 414
15 414
15 414
-
national
23 580
23 580
23 580
-
municipal
41 094
41 094
41 094
-
pensions
548
548
548
-
total
80 636
80 636
80 636
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
187 500
187 500
187 500
187 500
Total tax
160 870
160 870
160 870
78 103
After tax
26 630
26 630
26 630
109 397
Living cost
45 649
45 649
45 649
45 649
Free-cash
-19 019
-19 019
-19 019
63 748

Estimated living cost  is ₽45649 per week

₽31243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽702
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12082
₽82405
₽107845
-₽5062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
accident
-
-
-
236
pensions
-
-
-
3 887
health
-
-
-
2 037
income
-
-
-
52 900
other
-
-
-
346
total
-
-
-
59 406
Employee
31 854
-
170 196
-
income
4 370
-
40 928
-
pensions
3 587
-
7 127
-
health
3 647
-
19 487
-
total
11 604
-
67 542
-
Employer
31 854
-
170 196
-
accident
532
-
2 842
-
unemployment
781
-
4 170
-
pensions
5 179
-
10 292
-
total
6 492
-
17 304
-
Corporate
149 155
187 500
-
-
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.

134 239
168 750
-
-
total
134 239
168 750
-
-
Dividends
14 916
18 750
-
-
withholding
2 834
3 563
-
-
total
2 834
3 563
-
-
Income
187 500
187 500
187 500
187 500
Total tax
155 169
172 313
84 846
59 406
After tax
32 331
15 187
102 654
128 094
Living cost
20 249
20 249
20 249
20 249
Free-cash
12 082
-5 062
82 405
107 845

Estimated living cost  is ₽20249 per week

₽14739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82647
₽60058
₽81537
₽79774
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
187 500
national
-
-
-
33 708
health
-
-
-
2 491
municipal
-
-
-
33 302
total
-
-
-
69 501
Employee
49 966
-
157 734
-
pensions
3 372
-
10 648
-
national
825
-
20 483
-
unemployment
750
-
2 366
-
municipal
8 184
-
25 684
-
health
373
-
2 033
-
total
13 504
-
61 214
-
Employer
49 966
-
157 734
-
accident
50
-
159
-
unemployment
324
-
1 025
-
health
384
-
1 215
-
pensions
8 669
-
27 367
-
total
9 427
-
29 766
-
Corporate
128 107
187 500
-
-
income
25 621
37 499
-
-
total
25 621
37 499
-
-
Dividends

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

76 864
112 501
-
-
national
6 003
13 515
-
-
municipal
13 836
20 250
-
-
total
19 839
33 765
-
-
Income
187 500
187 500
187 500
187 500
Total tax
68 391
71 264
90 980
69 501
After tax
119 109
116 236
96 520
117 999
Living cost
36 462
36 462
36 462
36 462
Free-cash
82 647
79 774
60 058
81 537

Estimated living cost  is ₽36462 per week

₽23817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109561
₽103561
₽105157
₽114729
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
health
-
-
-
4 781
income
-
-
-
40 208
social contributions
-
-
-
15 366
total
-
-
-
60 355
Employee
73 028
73 028
176 068
-
income
7 951
6 760
39 350
-
social contributions
2 761
6 061
8 175
-
health
566
1 242
2 994
-
total
11 278
14 063
50 519
-
Employer
73 028
73 028
176 068
-
social contributions
2 761
6 061
8 175
-
health
615
1 352
3 257
-
total
3 376
7 413
11 432
-
Corporate
150 858
107 060
-
-
income
18 857
13 382
-
-
total
18 857
13 382
-
-
Dividends
132 001
93 678
-
-
withholding
22 440
15 925
-
-
total
22 440
15 925
-
-
Income
187 500
187 500
187 500
187 500
Total tax
55 951
50 783
61 951
60 355
After tax
131 549
136 717
125 549
127 145
Living cost
21 988
21 988
21 988
21 988
Free-cash
109 561
114 729
103 561
105 157

Estimated living cost  is ₽21988 per week

₽13178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135360
₽124623
₽143673
₽140191
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
187 500
unemployment
-
-
-
27
pensions
-
-
-
6 041
health
-
-
-
3 437
income
-
-
-
19 244
total
-
-
-
28 749
Employee

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

21 799
-
178 218
-
income
1 490
-
16 889
-
pensions
3 269
-
13 517
-
unemployment
108
-
451
-
health
1 853
-
7 660
-
total
6 720
-
38 517
-
Employer

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

21 799
-
178 218
-
unemployment
108
-
451
-
health
937
-
3 875
-
pensions
1 198
-
4 956
-
total
2 243
-
9 282
-
Corporate
163 457
187 500
-
-
income
14 712
16 874
-
-
total
14 712
16 874
-
-
Dividends
148 746
170 626
-
-
withholding
13 387
15 357
-
-
total
13 387
15 357
-
-
Income
187 500
187 500
187 500
187 500
Total tax
37 062
32 231
47 799
28 749
After tax
150 438
155 269
139 701
158 751
Living cost
15 078
15 078
15 078
15 078
Free-cash
135 360
140 191
124 623
143 673

Estimated living cost  is ₽15078 per week

₽9620
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1087
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94426
₽74897
₽78882
₽98621
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
unemployment
-
-
-
616
accident
-
-
-
793
pensions
-
-
-
24 911
income
-
-
-
56 094
other
-
-
-
88
total
-
-
-
82 502
Employee
35 116
-
159 437
-
other
34
-
88
-
income
6 770
-
52 834
-
pensions
1 651
-
4 138
-
unemployment
544
-
1 364
-
total
8 999
-
58 424
-
Employer
35 116
-
159 437
-
accident
696
-
1 743
-
unemployment
1 932
-
4 841
-
pensions
8 287
-
20 774
-
other
281
-
705
-
total
11 196
-
28 063
-
Corporate
141 188
187 500
-
-
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.

21 178
28 126
-
-
total
21 178
28 126
-
-
Dividends
120 010
159 374
-
-
withholding
25 585
34 637
-
-
total
25 585
34 637
-
-
Income
187 500
187 500
187 500
187 500
Total tax
66 958
62 763
86 487
82 502
After tax
120 542
124 737
101 013
104 998
Living cost
26 116
26 116
26 116
26 116
Free-cash
94 426
98 621
74 897
78 882

Estimated living cost  is ₽26116 per week

₽17628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2511
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115096
₽119164
₽119280
₽115365
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
pensions
-
-
-
1 192
health
-
-
-
865
income
-
-
-
64 528
total
-
-
-
66 585
Employee
2 490
-
186 159
-
income
482
-
64 465
-
pensions
224
-
537
-
unemployment
25
-
60
-
health
124
-
298
-
total
855
-
65 360
-
Employer
2 490
-
186 159
-
unemployment
50
-
119
-
health
237
-
566
-
pensions
274
-
656
-
total
561
-
1 341
-
Corporate
184 450
187 500
-
-
income
40 579
41 250
-
-
total
40 579
41 250
-
-
Dividends
143 871
146 250
-
-
withholding
28 774
29 250
-
-
total
28 774
29 250
-
-
Income
187 500
187 500
187 500
187 500
Total tax
70 769
70 500
66 701
66 585
After tax
116 731
117 000
120 799
120 915
Living cost
1 635
1 635
1 635
1 635
Free-cash
115 096
115 365
119 164
119 280

Estimated living cost  is ₽1635 per week

₽971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽37
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114440
₽101760
₽101762
₽119097
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
187 500
unemployment
-
-
-
1 049
pensions
-
-
-
18 190
health
-
-
-
7 206
income
-
-
-
42 921
total
-
-
-
69 366
Employee

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

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

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

24 688
-
174 977
-
income
3 403
-
42 921
-
pensions
3 456
-
9 795
-
unemployment
185
-
525
-
health
1 271
-
3 603
-
total
8 315
-
56 844
-
Employer

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

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

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

24 688
-
174 977
-
unemployment
185
-
525
-
health
1 271
-
3 603
-
pensions
2 963
-
8 396
-
total
4 419
-
12 524
-
Corporate
158 393
187 500
-
-
income
23 759
28 125
-
-
total
23 759
28 125
-
-
Dividends
134 634
159 375
-
-
withholding
20 195
23 906
-
-
total
20 195
23 906
-
-
Income
187 500
187 500
187 500
187 500
Total tax
56 688
52 031
69 368
69 366
After tax
130 812
135 469
118 132
118 134
Living cost
16 372
16 372
16 372
16 372
Free-cash
114 440
119 097
101 760
101 762

Estimated living cost  is ₽16372 per week

₽11023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1266
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80707
₽59298
₽73515
₽81047
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
187 500
surtax
-
-
-
-
income
-
-
-
23 225
social contributions

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

-
-
-
65 157
total
-
-
-
88 382
Employee
36 860
-
151 515
-
income
7 202
-
49 947
-
surtax
-
-
-
-
social contributions
4 055
-
16 667
-
total
11 257
-
66 614
-
Employer
36 860
-
151 515
-
social contributions
8 753
-
35 985
-
total
8 753
-
35 985
-
Corporate
141 886
187 500
-
-
surtax
-
-
-
-
income
29 796
39 375
-
-
total
29 796
39 375
-
-
Dividends
112 090
148 125
-
-
withholding
31 384
41 475
-
-
total
31 384
41 475
-
-
Income
187 500
187 500
187 500
187 500
Total tax
81 190
80 850
102 599
88 382
After tax
106 310
106 650
84 901
99 118
Living cost
25 603
25 603
25 603
25 603
Free-cash
80 707
81 047
59 298
73 515

Estimated living cost  is ₽25603 per week

₽18134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85145
₽67636
₽71621
₽91360
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
unemployment
-
-
-
616
accident
-
-
-
793
pensions
-
-
-
24 911
income
-
-
-
56 094
other
-
-
-
88
total
-
-
-
82 502
Employee
45 866
-
159 437
-
other
45
-
88
-
income
9 580
-
52 834
-
pensions
2 155
-
4 138
-
unemployment
710
-
1 364
-
total
12 490
-
58 424
-
Employer
45 866
-
159 437
-
accident
908
-
1 743
-
unemployment
2 523
-
4 841
-
pensions
10 824
-
20 774
-
other
368
-
705
-
total
14 623
-
28 063
-
Corporate
127 010
187 500
-
-
income

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

19 052
28 126
-
-
total
19 052
28 126
-
-
Dividends
107 959
159 374
-
-
withholding
22 813
34 637
-
-
total
22 813
34 637
-
-
Income
187 500
187 500
187 500
187 500
Total tax
68 978
62 763
86 487
82 502
After tax
118 522
124 737
101 013
104 998
Living cost
33 377
33 377
33 377
33 377
Free-cash
85 145
91 360
67 636
71 621

Estimated living cost  is ₽33377 per week

₽23970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6342
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137447
₽140850
₽133339
₽143430
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
unemployment
-
-
-
137
pensions

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

-
-
-
5 074
health
-
-
-
3 942
income
-
-
-
28 125
total
-
-
-
37 278
Employee
22 356
-
180 774
-
income
2 236
-
18 077
-
pensions

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

1 963
-
3 010
-
accident

We are using the highest rate at 1.1%.

246
-
377
-
health
1 028
-
1 577
-
total
5 473
-
23 041
-
Employer
22 356
-
180 774
-
accident

We are using the highest rate at 1.1%.

246
-
377
-
unemployment
134
-
206
-
health
1 543
-
2 365
-
pensions

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

2 464
-
3 778
-
total
4 387
-
6 726
-
Corporate
160 758
187 500
-
-
income
16 076
18 750
-
-
total
16 076
18 750
-
-
Dividends
144 682
168 750
-
-
withholding
7 234
8 437
-
-
total
7 234
8 437
-
-
Income
187 500
187 500
187 500
187 500
Total tax
33 170
27 187
29 767
37 278
After tax
154 330
160 313
157 733
150 222
Living cost
16 883
16 883
16 883
16 883
Free-cash
137 447
143 430
140 850
133 339

Estimated living cost  is ₽16883 per week

₽11166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽967
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4348
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72221
₽80835
₽60264
₽59797
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
187 500
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.

-
-
-
3 311
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.

-
-
-
6 488
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.

-
-
-
60 200
trade
-
-
-
20 571
total
-
-
-
90 570
Employee

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

47 254
-
187 500
-
income

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

3 886
-
60 200
-
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.

214
-
3 311
-
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.

6 488
-
6 488
-
total
10 588
-
69 999
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
140 246
187 500
-
-
surtax

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

1 157
1 546
-
-
chamber of commerce
350
420
-
-
income
21 038
28 126
-
-
trade
20 126
26 906
-
-
total
42 671
56 998
-
-
Dividends
97 576
130 502
-
-
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.

1 321
1 775
-
-
withholding
24 033
32 264
-
-
total
25 354
34 039
-
-
Income
187 500
187 500
187 500
187 500
Total tax
78 613
91 037
69 999
90 570
After tax
108 887
96 463
117 501
96 930
Living cost
36 666
36 666
36 666
36 666
Free-cash
72 221
59 797
80 835
60 264

Estimated living cost  is ₽36666 per week

₽25293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79248
₽42349
₽42349
₽77151
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
income
-
-
-
59 303
social contributions
-
-
-
31 749
total
-
-
-
91 052
Employee
74 288
-
187 500
-
income
14 018
-
59 303
-
social contributions
6 172
-
31 749
-
total
20 190
-
91 052
-
Employer
74 288
-
187 500
-
total
-
-
-
-
Corporate
113 212
187 500
-
-
income
14 151
23 438
-
-
total
14 151
23 438
-
-
Dividends
99 061
164 062
-
-
withholding
19 812
32 812
-
-
total
19 812
32 812
-
-
Income
187 500
187 500
187 500
187 500
Total tax
54 153
56 250
91 052
91 052
After tax
133 347
131 250
96 448
96 448
Living cost
54 099
54 099
54 099
54 099
Free-cash
79 248
77 151
42 349
42 349

Estimated living cost  is ₽54099 per week

₽41158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4408
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85703
₽97607
₽118869
₽82383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
187 500
health

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

-
-
-
6 030
income
-
-
-
28 126
total
-
-
-
34 156
Employee
43 567
-
183 131
-
income
4 727
-
46 680
-
social contributions
4 365
-
4 369
-
total
9 092
-
51 049
-
Employer
43 567
-
183 131
-
social contributions
4 365
-
4 369
-
total
4 365
-
4 369
-
Corporate
139 568
187 500
-
-
income
48 848
65 625
-
-
total
48 848
65 625
-
-
Dividends
90 720
121 875
-
-
social contributions
5 017
5 017
-
-
total
5 017
5 017
-
-
Income
187 500
187 500
187 500
187 500
Total tax
67 322
70 642
55 418
34 156
After tax
120 178
116 858
132 082
153 344
Living cost
34 475
34 475
34 475
34 475
Free-cash
85 703
82 383
97 607
118 869

Estimated living cost  is ₽34475 per week

₽22708
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90774
₽70417
₽87287
₽85088
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
pensions
-
-
-
9 006
income
-
-
-
55 537
total
-
-
-
64 543
Employee
48 962
-
163 623
-
income
8 916
-
44 290
-
pensions
3 737
-
10 945
-
health
639
-
2 301
-
total
13 292
-
57 536
-
Employer
48 962
-
163 623
-
health
931
-
3 109
-
pensions
4 947
-
20 768
-
total
5 878
-
23 877
-
Corporate
132 661
187 500
-
-
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.

25 205
35 625
-
-
total
25 205
35 625
-
-
Dividends
107 456
151 875
-
-
withholding
16 681
31 117
-
-
total
16 681
31 117
-
-
Income
187 500
187 500
187 500
187 500
Total tax
61 056
66 742
81 413
64 543
After tax
126 444
120 758
106 087
122 957
Living cost
35 670
35 670
35 670
35 670
Free-cash
90 774
85 088
70 417
87 287

Estimated living cost  is ₽35670 per week

₽24469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3280
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7472
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽11773
₽80400
₽105840
-₽7067
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
accident
-
-
-
236
pensions
-
-
-
3 887
health
-
-
-
2 037
income
-
-
-
52 900
other
-
-
-
346
total
-
-
-
59 406
Employee
35 007
-
170 196
-
income
4 803
-
40 928
-
pensions
3 942
-
7 127
-
health
4 008
-
19 487
-
total
12 753
-
67 542
-
Employer
35 007
-
170 196
-
accident
585
-
2 842
-
unemployment
858
-
4 170
-
pensions
5 692
-
10 292
-
total
7 135
-
17 304
-
Corporate
145 360
187 500
-
-
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.

130 823
168 750
-
-
total
130 823
168 750
-
-
Dividends
14 536
18 750
-
-
withholding
2 762
3 563
-
-
total
2 762
3 563
-
-
Income
187 500
187 500
187 500
187 500
Total tax
153 473
172 313
84 846
59 406
After tax
34 027
15 187
102 654
128 094
Living cost
22 254
22 254
22 254
22 254
Free-cash
11 773
-7 067
80 400
105 840

Estimated living cost  is ₽22254 per week

₽16332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1297
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140519
₽122587
₽101714
₽130617
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
187 500
unemployment
-
-
-
1 822
pensions
-
-
-
27 930
income
-
-
-
31 221
health insurance
-
-
-
11 233
work injury
-
-
-
759
total
-
-
-
72 965
Employee

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

20 513
-
187 500
-
income
2 051
-
31 221
-
pensions
3 774
-
13 965
-
health insurance
1 518
-
5 616
-
unemployment
246
-
911
-
work injury
103
-
379
-
total
7 692
-
52 092
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
166 987
187 500
-
-
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%.

1 670
18 750
-
-
total
1 670
18 750
-
-
Dividends
165 317
168 750
-
-
withholding
24 798
25 312
-
-
total
24 798
25 312
-
-
Income
187 500
187 500
187 500
187 500
Total tax
34 160
44 062
52 092
72 965
After tax
153 340
143 438
135 408
114 535
Living cost
12 821
12 821
12 821
12 821
Free-cash
140 519
130 617
122 587
101 714

Estimated living cost  is ₽12821 per week

₽7943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56607
₽40643
₽48653
₽60928
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
national
-
-
-
47 877
regional
-
-
-
4 344
municipal
-
-
-
1 260
social contributions
-
-
-
47 532
total
-
-
-
101 013
Employee
80 028
-
187 500
-
regional
1 208
-
3 861
-
national
13 524
-
41 720
-
social contributions
26 985
-
62 316
-
municipal
478
-
1 126
-
total
42 195
-
109 023
-
Employer
80 028
-
187 500
-
total
-
-
-
-
Corporate
107 472
187 500
-
-
nationa
25 794
45 000
-
-
municipal
5 180
9 038
-
-
total
30 974
54 038
-
-
Dividends
76 499
133 462
-
-
withholding
19 890
34 700
-
-
total
19 890
34 700
-
-
Income
187 500
187 500
187 500
187 500
Total tax
93 059
88 738
109 023
101 013
After tax
94 441
98 762
78 477
86 487
Living cost
37 834
37 834
37 834
37 834
Free-cash
56 607
60 928
40 643
48 653

Estimated living cost  is ₽37834 per week

₽26576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2602
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.
₽8083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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