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
₽76405
₽88846
₽65970
₽66220
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 442
trade
-
-
-
22 626
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.

-
-
-
60 332
surtax

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

-
-
-
3 318
total
-
-
-
92 718
Employee

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

36 067
-
187 500
-
health

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

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

6 442
-
6 442
-
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.

1 007
-
60 332
-
surtax

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

55
-
3 318
-
total
7 504
-
70 092
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
151 433
187 500
-
-
income
22 715
28 125
-
-
chamber of commerce
361
413
-
-
surtax

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

1 249
1 546
-
-
trade
23 850
29 532
-
-
total
48 175
59 616
-
-
Dividends
103 257
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.

1 399
1 739
-
-
withholding
25 455
31 613
-
-
total
26 854
33 352
-
-
Income
187 500
187 500
187 500
187 500
Total tax
82 533
92 968
70 092
92 718
After tax
104 967
94 532
117 408
94 782
Living cost
28 562
28 562
28 562
28 562
Free-cash
76 405
65 970
88 846
66 220

Estimated living cost  is ₽28562 per week

₽17966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3330
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6732
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67129
₽60952
₽67945
₽59945
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
2 016
municipal
-
-
-
20 661
pensions
-
-
-
22 500
national
-
-
-
33 323
total
-
-
-
78 500
Employee
76 044
-
162 092
-
pensions
3 042
-
6 484
-
municipal
9 393
-
21 387
-
national
14 555
-
34 913
-
total
26 990
-
62 784
-
Employer
76 044
-
162 092
-
pensions
6 084
-
12 967
-
social contributions
817
-
1 742
-
total
6 901
-
14 709
-
Corporate
99 536
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%.

19 907
37 500
-
-
total
19 907
37 500
-
-
Dividends
79 629
150 000
-
-
withholding
17 518
33 000
-
-
total
17 518
33 000
-
-
Income
187 500
187 500
187 500
187 500
Total tax
71 316
70 500
77 493
78 500
After tax
116 184
117 000
110 007
109 000
Living cost
49 055
49 055
49 055
49 055
Free-cash
67 129
67 945
60 952
59 945

Estimated living cost  is ₽49055 per week

₽33342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽734
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10419
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122646
₽60607
₽130382
₽46923
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
36 129
income
-
-
-
37 017
surtax
-
-
-
47 813
microenterprise
-
-
-
-
total
-
-
-
120 959
Employee
27 554
-
144 530
-
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.

3 031
-
12 362
-
income
4 905
-
30 986
-
surtax
-
-
20 956
-
total
7 936
-
64 304
-
Employer
27 554
-
144 530
-
surtax
-
-
15 898
-
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.

6 637
-
27 073
-
total
6 637
-
42 971
-
Corporate
153 309
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%.

30 663
37 500
-
-
total
30 663
37 500
-
-
Dividends

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

122 646
150 000
-
-
total
-
-
-
-
Income
187 500
187 500
187 500
187 500
Total tax
45 236
37 500
107 275
120 959
After tax
142 264
150 000
80 225
66 541
Living cost
19 618
19 618
19 618
19 618
Free-cash
122 646
130 382
60 607
46 923

Estimated living cost  is ₽19618 per week

₽12516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1868
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.
₽4789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47869
₽79965
₽53647
₽62525
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 628
income
-
-
-
62 797
pensions
-
-
-
11 048
total
-
-
-
85 473
Employee
80 526
80 526
169 976
-
pensions
14 495
11 048
11 048
-
health
12 360
10 513
11 628
-
income

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

13 181
13 181
27 833
-
total
40 036
34 742
50 509
-
Employer
80 526
80 526
169 976
-
pensions
5 605
5 605
6 966
-
health
5 597
5 597
6 956
-
unemployment
2 899
2 899
3 602
-
total
14 101
14 101
17 524
-
Corporate
93 861
92 873
-
-
income
18 772
18 575
-
-
total
18 772
18 575
-
-
Dividends
75 089
74 298
-
-
income
15 957
15 788
-
-
withholding
11 263
11 145
-
-
total
27 220
26 933
-
-
Income
187 500
187 500
187 500
187 500
Total tax
100 129
94 351
68 033
85 473
After tax
87 371
93 149
119 467
102 027
Living cost
39 502
39 502
39 502
39 502
Free-cash
47 869
53 647
79 965
62 525

Estimated living cost  is ₽39502 per week

₽27994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62857
₽55651
₽63725
₽56589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
169
health
-
-
-
5 286
municipal
-
-
-
48 595
pensions
-
-
-
9 157
other
-
-
-
9 843
unemployment
-
-
-
85
national
-
-
-
19 126
total
-
-
-
92 261
Employee
55 073
-
160 885
-
municipal
16 423
-
47 976
-
national
-
-
18 608
-
total
16 423
-
66 584
-
Employer
55 073
-
160 885
-
pensions
5 953
-
9 157
-
other
6 400
-
9 843
-
health
3 387
-
5 210
-
unemployment
1 454
-
2 236
-
accident
110
-
169
-
total
17 304
-
26 615
-
Corporate
115 123
187 500
-
-
income
25 327
41 250
-
-
total
25 327
41 250
-
-
Dividends
89 796
146 250
-
-
withholding
26 939
43 875
-
-
total
26 939
43 875
-
-
Income
187 500
187 500
187 500
187 500
Total tax
85 993
85 125
93 199
92 261
After tax
101 507
102 375
94 301
95 239
Living cost
38 650
38 650
38 650
38 650
Free-cash
62 857
63 725
55 651
56 589

Estimated living cost  is ₽38650 per week

₽25616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69774
₽80364
₽56526
₽56732
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 442
trade
-
-
-
23 632
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.

-
-
-
60 332
surtax

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

-
-
-
3 318
total
-
-
-
93 724
Employee

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

47 820
-
187 500
-
health

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

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

6 442
-
6 442
-
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.

4 109
-
60 332
-
surtax

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

225
-
3 318
-
total
10 776
-
70 092
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
139 680
187 500
-
-
income
20 953
28 125
-
-
chamber of commerce
342
410
-
-
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.

1 152
1 546
-
-
trade
22 977
30 843
-
-
total
45 424
60 924
-
-
Dividends
94 256
126 576
-
-
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.

1 276
1 721
-
-
withholding
23 206
31 285
-
-
total
24 482
33 006
-
-
Income
187 500
187 500
187 500
187 500
Total tax
80 682
93 930
70 092
93 724
After tax
106 818
93 570
117 408
93 776
Living cost
37 044
37 044
37 044
37 044
Free-cash
69 774
56 526
80 364
56 732

Estimated living cost  is ₽37044 per week

₽24775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3906
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.
₽7809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102217
₽94908
₽106129
₽96499
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
15 257
health
-
-
-
4 781
income
-
-
-
40 378
total
-
-
-
60 416
Employee
72 510
72 510
176 124
-
health
721
1 233
2 994
-
social contributions
3 523
6 018
8 117
-
income
7 614
6 712
39 520
-
total
11 858
13 963
50 631
-
Employer
72 510
72 510
176 124
-
health
786
1 342
3 259
-
social contributions
3 523
6 018
8 117
-
total
4 309
7 360
11 376
-
Corporate
140 747
107 630
-
-
income
17 594
13 453
-
-
total
17 594
13 453
-
-
Dividends
123 153
94 177
-
-
withholding
20 937
16 010
-
-
total
20 937
16 010
-
-
Income
187 500
187 500
187 500
187 500
Total tax
54 698
50 786
62 007
60 416
After tax
132 802
136 714
125 493
127 084
Living cost
30 585
30 585
30 585
30 585
Free-cash
102 217
106 129
94 908
96 499

Estimated living cost  is ₽30585 per week

₽20908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2389
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88274
₽91322
₽87914
₽112517
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 125
income
-
-
-
22 922
pensions
-
-
-
18 750
unemployment
-
-
-
2 812
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.

25 080
9 981
156 904
-
unemployment
376
150
2 354
-
pensions
2 508
998
15 690
-
health
1 756
699
10 983
-
income
3 066
1 220
19 181
-
total
7 706
3 067
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.

25 080
9 981
156 904
-
pensions
4 891
1 946
30 596
-
total
4 891
1 946
30 596
-
Corporate
157 530
175 572
-
-
income
14 178
15 802
-
-
total
14 178
15 802
-
-
Dividends
143 352
159 771
-
-
social contributions
27 840
31 041
-
-
withholding
27 237
30 356
-
-
total
55 077
61 397
-
-
Income
187 500
187 500
187 500
187 500
Total tax
81 852
82 212
78 804
57 609
After tax
105 648
105 288
108 696
129 891
Living cost
17 374
17 374
17 374
17 374
Free-cash
88 274
87 914
91 322
112 517

Estimated living cost  is ₽17374 per week

₽11856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3749
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121364
₽85301
₽127224
₽77724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 374
income
-
-
-
25 126
pensions
-
-
-
37 500
total
-
-
-
87 000
Employee
26 751
-
140 131
-
unemployment
428
-
2 242
-
pensions
535
-
2 802
-
income
3 012
-
27 017
-
total
3 975
-
32 061
-
Employer
26 751
-
140 131
-
pensions
5 351
-
28 025
-
health
3 477
-
18 217
-
unemployment
215
-
1 120
-
total
9 043
-
47 362
-
Corporate
151 707
187 500
-
-
income
30 342
37 500
-
-
total
30 342
37 500
-
-
Dividends
121 365
150 000
-
-
total
-
-
-
-
Income
187 500
187 500
187 500
187 500
Total tax
43 360
37 500
79 423
87 000
After tax
144 140
150 000
108 077
100 500
Living cost
22 776
22 776
22 776
22 776
Free-cash
121 364
127 224
85 301
77 724

Estimated living cost  is ₽22776 per week

₽15622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1356
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.
₽5340
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11968
₽81542
-₽5799
₽107118
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241
health
-
-
-
2 081
income
-
-
-
52 750
pensions
-
-
-
3 969
other
-
-
-
354
total
-
-
-
59 395
Employee
33 014
-
169 986
-
pensions
3 718
-
7 278
-
health
3 780
-
19 464
-
income
4 529
-
40 714
-
total
12 027
-
67 456
-
Employer
33 014
-
169 986
-
pensions
5 368
-
10 510
-
unemployment
809
-
4 165
-
accident
551
-
2 839
-
total
6 728
-
17 514
-
Corporate
147 757
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.

132 982
168 750
-
-
total
132 982
168 750
-
-
Dividends
14 776
18 750
-
-
withholding
2 807
3 562
-
-
total
2 807
3 562
-
-
Income
187 500
187 500
187 500
187 500
Total tax
154 544
172 312
84 970
59 395
After tax
32 956
15 188
102 530
128 105
Living cost
20 988
20 988
20 988
20 988
Free-cash
11 968
-5 799
81 542
107 118

Estimated living cost  is ₽20988 per week

₽15382
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168877
₽142212
₽170337
₽177837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 735
-
187 500
-
income
1 947
-
37 500
-
total
1 947
-
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%.

177 765
187 500
-
-
total
-
-
-
-
Dividends
177 765
187 500
-
-
withholding
8 888
9 375
-
-
total
8 888
9 375
-
-
Income
187 500
187 500
187 500
187 500
Total tax
10 835
9 375
37 500
1 875
After tax
176 665
178 125
150 000
185 625
Living cost
7 788
7 788
7 788
7 788
Free-cash
168 877
170 337
142 212
177 837

Estimated living cost  is ₽7788 per week

₽4826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106259
₽82232
₽112631
₽83837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 310
income
-
-
-
31 001
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.

-
-
-
34 415
other
-
-
-
6 811
total
-
-
-
78 537
Employee
34 238
-
151 303
-
unemployment
342
-
1 433
-
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.

2 396
-
10 037
-
health
480
-
2 008
-
income
5 895
-
30 466
-
total
9 113
-
43 944
-
Employer
34 238
-
151 303
-
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.

5 821
-
24 378
-
other
1 713
-
7 169
-
health
480
-
2 008
-
unemployment
342
-
1 433
-
accident
274
-
1 210
-
total
8 630
-
36 198
-
Corporate
144 633
187 500
-
-
income
30 373
39 375
-
-
total
30 373
39 375
-
-
Dividends
114 260
148 125
-
-
withholding
7 999
10 368
-
-
total
7 999
10 368
-
-
Income
187 500
187 500
187 500
187 500
Total tax
56 115
49 743
80 142
78 537
After tax
131 385
137 757
107 358
108 963
Living cost
25 126
25 126
25 126
25 126
Free-cash
106 259
112 631
82 232
83 837

Estimated living cost  is ₽25126 per week

₽17753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65741
₽43886
₽58305
₽60721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 227
pensions
-
-
-
8 805
total
-
-
-
65 032
Employee
87 363
-
163 562
-
pensions
8 428
-
10 647
-
health
1 440
-
2 276
-
income
15 748
-
45 006
-
total
25 616
-
57 929
-
Employer
87 363
-
163 562
-
pensions
10 315
-
20 831
-
health
1 659
-
3 107
-
total
11 974
-
23 938
-
Corporate
88 163
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.

16 750
35 626
-
-
total
16 750
35 626
-
-
Dividends
71 413
151 874
-
-
withholding
5 672
31 822
-
-
total
5 672
31 822
-
-
Income
187 500
187 500
187 500
187 500
Total tax
60 012
67 448
81 867
65 032
After tax
127 488
120 052
105 633
122 468
Living cost
61 747
61 747
61 747
61 747
Free-cash
65 741
58 305
43 886
60 721

Estimated living cost  is ₽61747 per week

₽46268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7255
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7723
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽143572
₽145805
₽147952
₽138221
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 787
income
-
-
-
28 125
pensions

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

-
-
-
4 874
unemployment
-
-
-
132
total
-
-
-
36 918
Employee
16 368
-
181 039
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 437
-
2 892
-
health
753
-
1 515
-
income
1 637
-
18 104
-
total
4 007
-
22 873
-
Employer
16 368
-
181 039
-
pensions

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

1 804
-
3 629
-
health
1 130
-
2 272
-
unemployment
98
-
198
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
total
3 212
-
6 461
-
Corporate
167 920
187 500
-
-
income
16 792
18 750
-
-
total
16 792
18 750
-
-
Dividends
151 128
168 750
-
-
withholding
7 556
8 437
-
-
total
7 556
8 437
-
-
Income
187 500
187 500
187 500
187 500
Total tax
31 567
27 187
29 334
36 918
After tax
155 933
160 313
158 166
150 582
Living cost
12 361
12 361
12 361
12 361
Free-cash
143 572
147 952
145 805
138 221

Estimated living cost  is ₽12361 per week

₽7217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43233
₽67178
₽40860
₽49738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 628
income
-
-
-
62 797
pensions
-
-
-
11 048
total
-
-
-
85 473
Employee
87 425
80 526
169 976
-
pensions
11 048
11 048
11 048
-
health
10 907
10 513
11 628
-
income

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

13 181
13 181
27 833
-
total
35 136
34 742
50 509
-
Employer
87 425
80 526
169 976
-
pensions
6 084
5 605
6 966
-
health
6 075
5 597
6 956
-
unemployment
3 148
2 899
3 602
-
total
15 307
14 101
17 524
-
Corporate
84 768
92 873
-
-
income
16 953
18 575
-
-
total
16 953
18 575
-
-
Dividends
67 814
74 298
-
-
income
14 411
15 788
-
-
withholding
10 171
11 145
-
-
total
24 582
26 933
-
-
Income
187 500
187 500
187 500
187 500
Total tax
91 978
94 351
68 033
85 473
After tax
95 522
93 149
119 467
102 027
Living cost
52 289
52 289
52 289
52 289
Free-cash
43 233
40 860
67 178
49 738

Estimated living cost  is ₽52289 per week

₽38572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4671
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97365
₽77064
₽105708
₽84940
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
33 652
health
-
-
-
25 312
income
-
-
-
19 280
solidarity contribution
-
-
-
930
total
-
-
-
79 174
Employee
34 392
-
145 586
-
solidarity contribution
-
-
224
-
health
4 643
-
19 654
-
social contributions
2 235
-
7 491
-
income
4 127
-
17 766
-
total
11 005
-
45 135
-
Employer
34 392
-
145 586
-
health
3 095
-
13 103
-
social contributions
8 598
-
28 812
-
total
11 693
-
41 915
-
Corporate
141 415
187 500
-
-
income
26 869
35 625
-
-
total
26 869
35 625
-
-
Dividends
114 546
151 875
-
-
withholding
17 182
22 781
-
-
total
17 182
22 781
-
-
Income
187 500
187 500
187 500
187 500
Total tax
66 749
58 406
87 050
79 174
After tax
120 751
129 094
100 450
108 326
Living cost
23 386
23 386
23 386
23 386
Free-cash
97 365
105 708
77 064
84 940

Estimated living cost  is ₽23386 per week

₽16244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55325
₽40863
₽60249
₽49032
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
47 195
municipal
-
-
-
1 122
regional
-
-
-
2 253
national
-
-
-
48 108
total
-
-
-
98 678
Employee
83 806
-
187 500
-
regional
791
-
1 999
-
municipal
444
-
1 006
-
national
14 522
-
41 968
-
social contributions
28 259
-
61 874
-
total
44 016
-
106 847
-
Employer
83 806
-
187 500
-
total
-
-
-
-
Corporate
103 694
187 500
-
-
municipal
4 044
7 312
-
-
nationa
24 886
45 000
-
-
total
28 930
52 312
-
-
Dividends
74 764
135 189
-
-
withholding
19 439
35 149
-
-
total
19 439
35 149
-
-
Income
187 500
187 500
187 500
187 500
Total tax
92 385
87 461
106 847
98 678
After tax
95 115
100 039
80 653
88 822
Living cost
39 790
39 790
39 790
39 790
Free-cash
55 325
60 249
40 863
49 032

Estimated living cost  is ₽39790 per week

₽27737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94196
₽61871
₽97129
₽67637
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 935
income
-
-
-
55 688
surtax
-
-
-
9 046
pensions
-
-
-
25 171
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
99 055
Employee
31 184
-
161 009
-
unemployment
2 171
-
8 759
-
pensions
2 079
-
8 394
-
health
796
-
3 209
-
income
5 227
-
50 050
-
other
-
-
-
-
surtax
102
-
7 918
-
total
10 375
-
78 330
-
Employer
31 184
-
161 009
-
pensions
4 157
-
16 776
-
other
-
-
-
-
health
1 419
-
5 726
-
unemployment
988
-
3 989
-
total
6 564
-
26 491
-
Corporate
149 753
187 500
-
-
income
38 935
48 750
-
-
total
38 935
48 750
-
-
Dividends
110 817
138 750
-
-
withholding
16 622
20 813
-
-
total
16 622
20 813
-
-
Income
187 500
187 500
187 500
187 500
Total tax
72 496
69 563
104 821
99 055
After tax
115 004
117 937
82 679
88 445
Living cost
20 808
20 808
20 808
20 808
Free-cash
94 196
97 129
61 871
67 637

Estimated living cost  is ₽20808 per week

₽12723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5685
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83968
₽63449
₽77868
₽80284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 227
pensions
-
-
-
8 805
total
-
-
-
65 032
Employee
58 548
-
163 562
-
pensions
4 969
-
10 647
-
health
850
-
2 276
-
income
10 545
-
45 006
-
total
16 364
-
57 929
-
Employer
58 548
-
163 562
-
pensions
6 338
-
20 831
-
health
1 112
-
3 107
-
total
7 450
-
23 938
-
Corporate
121 502
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.

23 086
35 626
-
-
total
23 086
35 626
-
-
Dividends
98 415
151 874
-
-
withholding
14 448
31 822
-
-
total
14 448
31 822
-
-
Income
187 500
187 500
187 500
187 500
Total tax
61 348
67 448
81 867
65 032
After tax
126 152
120 052
105 633
122 468
Living cost
42 184
42 184
42 184
42 184
Free-cash
83 968
77 868
63 449
80 284

Estimated living cost  is ₽42184 per week

₽31604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽42852
₽67445
₽10774
₽75608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
422
pensions
-
-
-
17 250
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
regional
-
-
-
9 741
city
-
-
-
1 975
national
-
-
-
3 787
total
-
-
-
36 926
Employee
87 730
-
167 982
-
unemployment
-
-
-
-
pensions
7 370
-
13 932
-
regional
2 873
-
8 458
-
national
415
-
2 847
-
health
198
-
377
-
city
942
-
1 806
-
total
11 798
-
27 420
-
Employer
87 730
-
167 982
-
pensions
7 370
-
13 932
-
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.

1 754
-
3 360
-
health
198
-
377
-
unemployment
-
-
-
-
total
9 322
-
17 669
-
Corporate
89 483
187 500
-
-
regional
18 925
39 656
-
-
national
7 605
15 937
-
-
total
26 530
55 593
-
-
Dividends
62 953
131 908
-
-
withholding
22 032
46 167
-
-
total
22 032
46 167
-
-
Income
187 500
187 500
187 500
187 500
Total tax
69 682
101 760
45 089
36 926
After tax
117 818
85 740
142 411
150 574
Living cost
74 966
74 966
74 966
74 966
Free-cash
42 852
10 774
67 445
75 608

Estimated living cost  is ₽74966 per week

₽48749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽920
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18569
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽64698
₽74210
₽49406
₽49573
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 442
trade
-
-
-
24 637
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.

-
-
-
60 332
surtax

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

-
-
-
3 318
total
-
-
-
94 729
Employee

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

56 671
-
187 500
-
health

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

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

6 442
-
6 442
-
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.

6 664
-
60 332
-
surtax

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

367
-
3 318
-
total
13 473
-
70 092
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 829
187 500
-
-
income
19 625
28 125
-
-
chamber of commerce
327
406
-
-
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.

1 079
1 546
-
-
trade
22 436
32 157
-
-
total
43 467
62 234
-
-
Dividends
87 361
125 266
-
-
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.

1 181
1 704
-
-
withholding
21 483
30 958
-
-
total
22 664
32 662
-
-
Income
187 500
187 500
187 500
187 500
Total tax
79 604
94 896
70 092
94 729
After tax
107 896
92 604
117 408
92 771
Living cost
43 198
43 198
43 198
43 198
Free-cash
64 698
49 406
74 210
49 573

Estimated living cost  is ₽43198 per week

₽31550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3455
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67807
₽68353
₽62238
₽72476
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
5 343
health
-
-
-
8 597
income
-
-
-
31 617
surtax
-
-
-
-
pensions
-
-
-
31 393
other
-
-
-
5 812
total
-
-
-
82 762
Employee
40 358
-
144 096
-
pensions
4 563
-
10 442
-
social contributions
1 151
-
4 107
-
income
2 382
-
28 933
-
surtax
-
-
-
-
total
8 096
-
43 482
-
Employer
40 358
-
144 096
-
pensions
6 630
-
17 503
-
other
1 392
-
5 800
-
health
2 826
-
13 832
-
unemployment
1 634
-
5 835
-
social contributions
122
-
433
-
total
12 604
-
43 403
-
Corporate
134 539
187 500
-
-
income
37 670
52 499
-
-
surtax
-
-
-
-
total
37 670
52 499
-
-
Dividends
96 869
135 001
-
-
surtax
-
-
-
-
social contributions
16 662
23 220
-
-
withholding
12 399
17 281
-
-
total
29 061
40 501
-
-
Income
187 500
187 500
187 500
187 500
Total tax
87 431
93 000
86 885
82 762
After tax
100 069
94 500
100 615
104 738
Living cost
32 262
32 262
32 262
32 262
Free-cash
67 807
62 238
68 353
72 476

Estimated living cost  is ₽32262 per week

₽20343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8749
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70671
₽71549
₽65434
₽75672
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
5 343
health
-
-
-
8 597
income
-
-
-
31 617
surtax
-
-
-
-
pensions
-
-
-
31 393
other
-
-
-
5 812
total
-
-
-
82 762
Employee
36 025
-
144 096
-
pensions
4 075
-
10 442
-
social contributions
1 027
-
4 107
-
income
1 857
-
28 933
-
surtax
-
-
-
-
total
6 959
-
43 482
-
Employer
36 025
-
144 096
-
pensions
5 920
-
17 503
-
other
1 244
-
5 800
-
health
2 521
-
13 832
-
unemployment
1 458
-
5 835
-
social contributions
107
-
433
-
total
11 250
-
43 403
-
Corporate
140 225
187 500
-
-
income
39 263
52 499
-
-
surtax
-
-
-
-
total
39 263
52 499
-
-
Dividends
100 962
135 001
-
-
surtax
-
-
-
-
social contributions
17 367
23 220
-
-
withholding
12 924
17 281
-
-
total
30 291
40 501
-
-
Income
187 500
187 500
187 500
187 500
Total tax
87 763
93 000
86 885
82 762
After tax
99 737
94 500
100 615
104 738
Living cost
29 066
29 066
29 066
29 066
Free-cash
70 671
65 434
71 549
75 672

Estimated living cost  is ₽29066 per week

₽16857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94886
₽95921
₽94396
₽100416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
25 876
health
-
-
-
13 088
income
-
-
-
28 125
total
-
-
-
67 089
Employee
31 972
-
187 500
-
health
2 231
-
13 088
-
social contributions
4 413
-
25 876
-
income
5 333
-
32 620
-
total
11 977
-
71 584
-
Employer
31 972
-
187 500
-
total
-
-
-
-
Corporate
155 528
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%.

7 777
9 375
-
-
total
7 777
9 375
-
-
Dividends
147 751
178 125
-
-
health
10 313
12 433
-
-
social contributions
20 389
24 582
-
-
withholding
22 163
26 719
-
-
total
52 865
63 734
-
-
Income
187 500
187 500
187 500
187 500
Total tax
72 619
73 109
71 584
67 089
After tax
114 881
114 391
115 916
120 411
Living cost
19 995
19 995
19 995
19 995
Free-cash
94 886
94 396
95 921
100 416

Estimated living cost  is ₽19995 per week

₽13382
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1233
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68852
₽16189
₽70312
₽63065
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 427
surtax
-
-
-
186
income
-
-
-
55 681
chamber of commerce
-
-
-
750
pensions
-
-
-
20 380
unemployment
-
-
-
5 784
total
-
-
-
91 208
Employee
47 125
37 579
152 518
-
unemployment
1 414
1 127
3 305
-
pensions
4 826
3 847
11 281
-
health
1 823
1 455
4 263
-
income
5 365
2 772
45 916
-
other
471
376
1 102
-
total
13 899
9 577
65 867
-
Employer
47 125
37 579
152 518
-
chamber of commerce
188
150
610
-
pensions
5 914
4 717
13 825
-
other
2 239
1 784
6 884
-
health
1 781
1 421
4 164
-
unemployment
1 414
1 127
3 305
-
accident
612
489
1 432
-
surtax
186
186
186
-
payroll
1 414
1 127
4 576
-
total
13 748
11 001
34 982
-
Corporate
126 628
138 920
148 939
-
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.

31 657
34 730
37 235
-
total
31 657
34 730
37 235
-
Dividends
94 970
104 190
-
-
withholding
26 117
28 653
-
-
total
26 117
28 653
-
-
Income
187 500
187 500
187 500
187 500
Total tax
85 421
83 961
138 084
91 208
After tax
102 079
103 539
49 416
96 292
Living cost
33 227
33 227
33 227
33 227
Free-cash
68 852
70 312
16 189
63 065

Estimated living cost  is ₽33227 per week

₽22161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2835
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.
₽7686
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56295
₽30440
₽69886
₽47044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
23 510
communal

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

-
-
-
9 840
national
-
-
-
72 724
total
-
-
-
106 074
Employee

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

67 451
-
145 224
-
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.

587
-
1 263
-
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.

5 059
-
10 892
-
national
20 737
-
53 850
-
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.

3 169
-
6 825
-
communal

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

3 518
-
7 575
-
total
33 070
-
80 405
-
Employer

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

67 451
-
145 224
-
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.

5 977
-
12 866
-
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.

4 148
-
8 931
-
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.

984
-
2 121
-
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.

877
-
1 888
-
surtax
7 648
-
16 467
-
total
19 634
-
42 273
-
Corporate
100 415
187 500
-
-
income
20 083
38 270
-
-
surtax
401
766
-
-
total
20 484
39 036
-
-
Dividends
79 931
148 465
-
-
withholding

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

23 635
44 196
-
-
total
23 635
44 196
-
-
Income
187 500
187 500
187 500
187 500
Total tax
96 823
83 232
122 678
106 074
After tax
90 677
104 268
64 822
81 426
Living cost
34 382
34 382
34 382
34 382
Free-cash
56 295
69 886
30 440
47 044

Estimated living cost  is ₽34382 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84207
₽66972
₽90669
₽70930
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
56 294
pensions
-
-
-
24 734
other
-
-
-
88
unemployment
-
-
-
612
total
-
-
-
82 515
Employee
46 939
-
159 636
-
unemployment
728
-
1 355
-
pensions
2 206
-
4 109
-
income
9 904
-
53 057
-
other
47
-
88
-
total
12 885
-
58 609
-
Employer
46 939
-
159 636
-
pensions
11 077
-
20 627
-
other
374
-
700
-
unemployment
2 582
-
4 807
-
accident
929
-
1 730
-
total
14 962
-
27 864
-
Corporate
125 599
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.

18 840
28 125
-
-
total
18 840
28 125
-
-
Dividends
106 760
159 375
-
-
withholding
22 551
34 651
-
-
total
22 551
34 651
-
-
Income
187 500
187 500
187 500
187 500
Total tax
69 238
62 776
86 473
82 515
After tax
118 262
124 724
101 027
104 985
Living cost
34 055
34 055
34 055
34 055
Free-cash
84 207
90 669
66 972
70 930

Estimated living cost  is ₽34055 per week

₽25078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2416
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6070
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44130
₽46535
₽56820
₽39061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 580
health
-
-
-
13 174
income
-
-
-
33 190
surtax
-
-
-
9 296
pensions
-
-
-
28 104
communal
-
-
-
11 850
total
-
-
-
97 194
Employee
71 410
-
167 485
-
pensions
5 712
-
13 400
-
health
3 178
-
7 453
-
income
6 898
-
38 587
-
surtax
4 377
-
10 264
-
total
20 165
-
69 704
-
Employer
71 410
-
167 485
-
pensions
5 712
-
13 400
-
health
2 178
-
5 109
-
accident
642
-
1 507
-
total
8 532
-
20 016
-
Corporate
107 557
187 500
-
-
income
16 134
28 125
-
-
communal
7 260
12 657
-
-
surtax
1 129
1 968
-
-
total
24 523
42 750
-
-
Dividends
83 034
144 750
-
-
income
26 450
14 973
-
-
withholding
12 455
21 712
-
-
total
38 905
36 685
-
-
Income
187 500
187 500
187 500
187 500
Total tax
92 125
79 435
89 720
97 194
After tax
95 375
108 065
97 780
90 306
Living cost
51 245
51 245
51 245
51 245
Free-cash
44 130
56 820
46 535
39 061

Estimated living cost  is ₽51245 per week

₽38441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3105
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.
₽9155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93759
₽61499
₽96757
₽67265
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 935
income
-
-
-
55 688
surtax
-
-
-
9 046
pensions
-
-
-
25 171
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
99 055
Employee
31 756
-
161 009
-
unemployment
2 210
-
8 759
-
pensions
2 119
-
8 394
-
health
811
-
3 209
-
income
5 324
-
50 050
-
other
-
-
-
-
surtax
113
-
7 918
-
total
10 577
-
78 330
-
Employer
31 756
-
161 009
-
pensions
4 234
-
16 776
-
other
-
-
-
-
health
1 444
-
5 726
-
unemployment
1 007
-
3 989
-
total
6 685
-
26 491
-
Corporate
149 059
187 500
-
-
income
38 754
48 750
-
-
total
38 754
48 750
-
-
Dividends
110 304
138 750
-
-
withholding
16 545
20 813
-
-
total
16 545
20 813
-
-
Income
187 500
187 500
187 500
187 500
Total tax
72 561
69 563
104 821
99 055
After tax
114 939
117 937
82 679
88 445
Living cost
21 180
21 180
21 180
21 180
Free-cash
93 759
96 757
61 499
67 265

Estimated living cost  is ₽21180 per week

₽12788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6061
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71058
₽54699
₽73152
₽62825
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
47 195
municipal
-
-
-
1 122
regional
-
-
-
2 848
national
-
-
-
48 108
total
-
-
-
99 273
Employee
52 308
-
187 500
-
regional
704
-
2 551
-
municipal
277
-
1 006
-
national
8 287
-
41 968
-
social contributions
17 639
-
61 874
-
total
26 907
-
107 399
-
Employer
52 308
-
187 500
-
total
-
-
-
-
Corporate
135 192
187 500
-
-
municipal
6 719
9 320
-
-
nationa
32 447
45 000
-
-
total
39 166
54 320
-
-
Dividends
96 026
133 181
-
-
withholding
24 967
34 626
-
-
total
24 967
34 626
-
-
Income
187 500
187 500
187 500
187 500
Total tax
91 040
88 946
107 399
99 273
After tax
96 460
98 554
80 101
88 227
Living cost
25 402
25 402
25 402
25 402
Free-cash
71 058
73 152
54 699
62 825

Estimated living cost  is ₽25402 per week

₽15797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89996
₽71632
₽100276
₽79508
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
33 652
health
-
-
-
25 312
income
-
-
-
19 280
solidarity contribution
-
-
-
930
total
-
-
-
79 174
Employee
42 379
-
145 586
-
solidarity contribution
-
-
224
-
health
5 721
-
19 654
-
social contributions
2 755
-
7 491
-
income
5 085
-
17 766
-
total
13 561
-
45 135
-
Employer
42 379
-
145 586
-
health
3 814
-
13 103
-
social contributions
10 595
-
28 812
-
total
14 409
-
41 915
-
Corporate
130 712
187 500
-
-
income
24 835
35 625
-
-
total
24 835
35 625
-
-
Dividends
105 876
151 875
-
-
withholding
15 881
22 781
-
-
total
15 881
22 781
-
-
Income
187 500
187 500
187 500
187 500
Total tax
68 686
58 406
87 050
79 174
After tax
118 814
129 094
100 450
108 326
Living cost
28 818
28 818
28 818
28 818
Free-cash
89 996
100 276
71 632
79 508

Estimated living cost  is ₽28818 per week

₽21431
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73088
₽19379
₽73556
₽66394
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 427
surtax
-
-
-
-
income
-
-
-
55 681
chamber of commerce
-
-
-
750
pensions
-
-
-
20 380
unemployment
-
-
-
5 784
total
-
-
-
91 022
Employee
41 220
37 579
152 691
-
unemployment
1 237
1 127
3 305
-
pensions
4 221
3 847
11 281
-
health
1 594
1 455
4 263
-
income
3 672
2 772
46 000
-
other
412
376
1 102
-
total
11 136
9 577
65 951
-
Employer
41 220
37 579
152 691
-
chamber of commerce
165
150
610
-
pensions
5 173
4 717
13 825
-
other
1 958
1 784
6 891
-
health
1 559
1 421
4 164
-
unemployment
1 237
1 127
3 305
-
accident
535
489
1 432
-
surtax
-
-
-
-
payroll
1 237
1 127
4 581
-
total
11 864
10 815
34 808
-
Corporate
134 418
139 106
149 112
-
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.

33 604
34 777
37 278
-
total
33 604
34 777
37 278
-
Dividends
100 813
104 329
-
-
withholding
27 724
28 691
-
-
total
27 724
28 691
-
-
Income
187 500
187 500
187 500
187 500
Total tax
84 328
83 860
138 037
91 022
After tax
103 172
103 640
49 463
96 478
Living cost
30 084
30 084
30 084
30 084
Free-cash
73 088
73 556
19 379
66 394

Estimated living cost  is ₽30084 per week

₽18047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3073
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.
₽8428
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163713
₽137864
₽165989
₽173489
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 170
-
187 500
-
income
3 034
-
37 500
-
total
3 034
-
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%.

172 330
187 500
-
-
total
-
-
-
-
Dividends
172 330
187 500
-
-
withholding
8 617
9 375
-
-
total
8 617
9 375
-
-
Income
187 500
187 500
187 500
187 500
Total tax
11 651
9 375
37 500
1 875
After tax
175 849
178 125
150 000
185 625
Living cost
12 136
12 136
12 136
12 136
Free-cash
163 713
165 989
137 864
173 489

Estimated living cost  is ₽12136 per week

₽8213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽509
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.
₽3007
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95913
₽60231
₽103800
₽64359
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
18 449
income
-
-
-
44 877
pensions
-
-
-
34 241
unemployment
-
-
-
281
total
-
-
-
97 848
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.

41 698
-
162 238
-
unemployment
59
-
227
-
pensions
6 464
-
25 147
-
health
2 693
-
10 481
-
income
7 191
-
40 860
-
total
16 407
-
76 715
-
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.

41 698
-
162 238
-
pensions
3 690
-
14 359
-
health
2 777
-
10 805
-
unemployment
25
-
97
-
total
6 492
-
25 261
-
Corporate
139 309
187 500
-
-
income
26 468
35 625
-
-
total
26 468
35 625
-
-
Dividends
112 841
151 875
-
-
withholding
16 927
22 782
-
-
total
16 927
22 782
-
-
Income
187 500
187 500
187 500
187 500
Total tax
66 294
58 407
101 976
97 848
After tax
121 206
129 093
85 524
89 652
Living cost
25 293
25 293
25 293
25 293
Free-cash
95 913
103 800
60 231
64 359

Estimated living cost  is ₽25293 per week

₽17358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28260
₽134237
₽73257
₽88759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
21 375
income
-
-
-
36 548
total
-
-
-
57 923
Employee
58 527
-
-
-
social contributions
4 799
-
684
-
income
12 910
-
-
-
total
17 709
-
684
-
Employer
58 527
-
-
-
social contributions
82 523
-
11 761
-
total
82 523
-
11 761
-
Corporate
46 451
187 500
-
-
income
10 219
41 250
-
-
total
10 219
41 250
-
-
Dividends
36 232
146 250
-
-
income
7 971
32 175
-
-
total
7 971
32 175
-
-
Income
187 500
187 500
187 500
187 500
Total tax
118 422
73 425
12 445
57 923
After tax
69 078
114 075
175 055
129 577
Living cost
40 818
40 818
40 818
40 818
Free-cash
28 260
73 257
134 237
88 759

Estimated living cost  is ₽40818 per week

₽26484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9974
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76123
₽55249
₽77073
₽69464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
65 156
income
-
-
-
23 302
surtax
-
-
-
-
total
-
-
-
88 458
Employee
43 369
-
151 516
-
social contributions
4 771
-
16 667
-
income
9 021
-
50 022
-
surtax
-
-
-
-
total
13 792
-
66 689
-
Employer
43 369
-
151 516
-
social contributions
10 300
-
35 984
-
total
10 300
-
35 984
-
Corporate
133 830
187 500
-
-
income
28 104
39 375
-
-
surtax
-
-
-
-
total
28 104
39 375
-
-
Dividends
105 727
148 125
-
-
withholding
29 603
41 474
-
-
total
29 603
41 474
-
-
Income
187 500
187 500
187 500
187 500
Total tax
81 799
80 849
102 673
88 458
After tax
105 701
106 651
84 827
99 042
Living cost
29 578
29 578
29 578
29 578
Free-cash
76 123
77 073
55 249
69 464

Estimated living cost  is ₽29578 per week

₽22130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
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.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽55438
₽55071
₽48956
₽59194
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
5 343
health
-
-
-
8 597
income
-
-
-
31 617
surtax
-
-
-
-
pensions
-
-
-
31 393
other
-
-
-
5 812
total
-
-
-
82 762
Employee
59 060
-
144 096
-
pensions
6 680
-
10 442
-
social contributions
1 682
-
4 107
-
income
5 153
-
28 933
-
surtax
-
-
-
-
total
13 515
-
43 482
-
Employer
59 060
-
144 096
-
pensions
9 704
-
17 503
-
other
2 038
-
5 800
-
health
4 134
-
13 832
-
unemployment
2 393
-
5 835
-
social contributions
177
-
433
-
total
18 446
-
43 403
-
Corporate
109 994
187 500
-
-
income
30 799
52 499
-
-
surtax
-
-
-
-
total
30 799
52 499
-
-
Dividends
79 196
135 001
-
-
surtax
-
-
-
-
social contributions
13 621
23 220
-
-
withholding
10 137
17 281
-
-
total
23 758
40 501
-
-
Income
187 500
187 500
187 500
187 500
Total tax
86 518
93 000
86 885
82 762
After tax
100 982
94 500
100 615
104 738
Living cost
45 544
45 544
45 544
45 544
Free-cash
55 438
48 956
55 071
59 194

Estimated living cost  is ₽45544 per week

₽30824
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137238
₽113989
₽140405
₽109005
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
41 251
income
-
-
-
8 899
total
-
-
-
50 150
Employee
30 316
-
162 338
-
social contributions
1 970
-
10 552
-
income
-
-
9 452
-
total
1 970
-
20 004
-
Employer
30 316
-
162 338
-
social contributions
4 699
-
25 162
-
total
4 699
-
25 162
-
Corporate
152 485
187 500
-
-
income
15 248
18 750
-
-
total
15 248
18 750
-
-
Dividends
137 237
168 750
-
-
total
-
-
-
-
Income
187 500
187 500
187 500
187 500
Total tax
21 917
18 750
45 166
50 150
After tax
165 583
168 750
142 334
137 350
Living cost
28 345
28 345
28 345
28 345
Free-cash
137 238
140 405
113 989
109 005

Estimated living cost  is ₽28345 per week

₽18328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7348
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17825
-₽17825
-₽17825
₽63955
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
39 696
pensions
-
-
-
817
labour market
-
-
-
14 935
national
-
-
-
22 712
total
-
-
-
78 160
Employee
191 561
191 561
191 561
-
pensions
272
272
272
-
municipal
40 792
40 792
40 792
-
national
23 403
23 403
23 403
-
labour market
15 303
15 303
15 303
-
total
79 770
79 770
79 770
-
Employer
191 561
191 561
191 561
-
municipal
40 857
40 857
40 857
-
pensions
545
545
545
-
national
23 443
23 443
23 443
-
labour market
15 325
15 325
15 325
-
total
80 170
80 170
80 170
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
187 500
187 500
187 500
187 500
Total tax
159 940
159 940
159 940
78 160
After tax
27 560
27 560
27 560
109 340
Living cost
45 385
45 385
45 385
45 385
Free-cash
-17 825
-17 825
-17 825
63 955

Estimated living cost  is ₽45385 per week

₽31062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽698
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12015
₽81852
-₽5490
₽107427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241
health
-
-
-
2 081
income
-
-
-
52 750
pensions
-
-
-
3 969
other
-
-
-
354
total
-
-
-
59 395
Employee
32 528
-
169 986
-
pensions
3 663
-
7 278
-
health
3 725
-
19 464
-
income
4 462
-
40 714
-
total
11 850
-
67 456
-
Employer
32 528
-
169 986
-
pensions
5 289
-
10 510
-
unemployment
797
-
4 165
-
accident
543
-
2 839
-
total
6 629
-
17 514
-
Corporate
148 343
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.

133 509
168 750
-
-
total
133 509
168 750
-
-
Dividends
14 834
18 750
-
-
withholding
2 819
3 562
-
-
total
2 819
3 562
-
-
Income
187 500
187 500
187 500
187 500
Total tax
154 807
172 312
84 970
59 395
After tax
32 693
15 188
102 530
128 105
Living cost
20 678
20 678
20 678
20 678
Free-cash
12 015
-5 490
81 852
107 427

Estimated living cost  is ₽20678 per week

₽15051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1179
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82843
₽60147
₽79958
₽81623
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 495
municipal
-
-
-
33 300
national
-
-
-
33 879
total
-
-
-
69 674
Employee
49 612
-
157 736
-
unemployment
744
-
2 366
-
pensions
3 348
-
10 647
-
municipal
8 126
-
25 684
-
national
820
-
20 654
-
health
370
-
2 036
-
total
13 408
-
61 387
-
Employer
49 612
-
157 736
-
pensions
8 607
-
27 366
-
health
381
-
1 215
-
unemployment
322
-
1 025
-
accident
50
-
157
-
total
9 360
-
29 763
-
Corporate
128 528
187 500
-
-
income
25 706
37 500
-
-
total
25 706
37 500
-
-
Dividends

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

77 116
112 500
-
-
national
6 099
13 589
-
-
municipal
13 881
20 250
-
-
total
19 980
33 839
-
-
Income
187 500
187 500
187 500
187 500
Total tax
68 454
71 339
91 150
69 674
After tax
119 046
116 161
96 350
117 826
Living cost
36 203
36 203
36 203
36 203
Free-cash
82 843
79 958
60 147
81 623

Estimated living cost  is ₽36203 per week

₽23648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109750
₽103661
₽114882
₽105252
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
15 257
health
-
-
-
4 781
income
-
-
-
40 378
total
-
-
-
60 416
Employee
72 510
72 510
176 124
-
health
562
1 233
2 994
-
social contributions
2 741
6 018
8 117
-
income
7 895
6 712
39 520
-
total
11 198
13 963
50 631
-
Employer
72 510
72 510
176 124
-
health
610
1 342
3 259
-
social contributions
2 741
6 018
8 117
-
total
3 351
7 360
11 376
-
Corporate
151 117
107 630
-
-
income
18 890
13 453
-
-
total
18 890
13 453
-
-
Dividends
132 228
94 177
-
-
withholding
22 479
16 010
-
-
total
22 479
16 010
-
-
Income
187 500
187 500
187 500
187 500
Total tax
55 918
50 786
62 007
60 416
After tax
131 582
136 714
125 493
127 084
Living cost
21 832
21 832
21 832
21 832
Free-cash
109 750
114 882
103 661
105 252

Estimated living cost  is ₽21832 per week

₽13085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2142
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.
₽6124
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135499
₽124924
₽140298
₽143837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 413
income
-
-
-
19 253
pensions
-
-
-
5 998
unemployment
-
-
-
27
total
-
-
-
28 691
Employee

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

21 644
-
178 284
-
unemployment
107
-
447
-
pensions
3 246
-
13 421
-
health
1 840
-
7 605
-
income
1 480
-
16 916
-
total
6 673
-
38 389
-
Employer

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

21 644
-
178 284
-
pensions
1 190
-
4 921
-
health
931
-
3 847
-
unemployment
107
-
447
-
total
2 228
-
9 215
-
Corporate
163 628
187 500
-
-
income
14 727
16 875
-
-
total
14 727
16 875
-
-
Dividends
148 900
170 625
-
-
withholding
13 401
15 355
-
-
total
13 401
15 355
-
-
Income
187 500
187 500
187 500
187 500
Total tax
37 029
32 230
47 604
28 691
After tax
150 471
155 270
139 896
158 809
Living cost
14 972
14 972
14 972
14 972
Free-cash
135 499
140 298
124 924
143 837

Estimated living cost  is ₽14972 per week

₽9552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1079
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.
₽3894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94628
₽75096
₽98793
₽79054
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
56 294
pensions
-
-
-
24 734
other
-
-
-
88
unemployment
-
-
-
612
total
-
-
-
82 515
Employee
34 867
-
159 636
-
unemployment
540
-
1 355
-
pensions
1 639
-
4 109
-
income
6 722
-
53 057
-
other
34
-
88
-
total
8 935
-
58 609
-
Employer
34 867
-
159 636
-
pensions
8 228
-
20 627
-
other
279
-
700
-
unemployment
1 918
-
4 807
-
accident
691
-
1 730
-
total
11 116
-
27 864
-
Corporate
141 517
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.

21 227
28 125
-
-
total
21 227
28 125
-
-
Dividends
120 290
159 375
-
-
withholding
25 663
34 651
-
-
total
25 663
34 651
-
-
Income
187 500
187 500
187 500
187 500
Total tax
66 941
62 776
86 473
82 515
After tax
120 559
124 724
101 027
104 985
Living cost
25 931
25 931
25 931
25 931
Free-cash
94 628
98 793
75 096
79 054

Estimated living cost  is ₽25931 per week

₽17503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2493
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5481
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114843
₽118802
₽115147
₽118934
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
980
income
-
-
-
64 382
pensions
-
-
-
1 351
total
-
-
-
66 713
Employee
2 822
-
185 980
-
unemployment
28
-
68
-
pensions
254
-
608
-
health
141
-
338
-
income
546
-
64 311
-
total
969
-
65 325
-
Employer
2 822
-
185 980
-
pensions
310
-
743
-
health
268
-
642
-
unemployment
56
-
135
-
total
634
-
1 520
-
Corporate
184 044
187 500
-
-
income
40 490
41 250
-
-
total
40 490
41 250
-
-
Dividends
143 554
146 250
-
-
withholding
28 711
29 250
-
-
total
28 711
29 250
-
-
Income
187 500
187 500
187 500
187 500
Total tax
70 804
70 500
66 845
66 713
After tax
116 696
117 000
120 655
120 787
Living cost
1 853
1 853
1 853
1 853
Free-cash
114 843
115 147
118 802
118 934

Estimated living cost  is ₽1853 per week

₽1101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114527
₽101920
₽119164
₽101920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 177
income
-
-
-
42 937
pensions
-
-
-
18 116
unemployment
-
-
-
1 045
total
-
-
-
69 275
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.

24 587
-
175 028
-
unemployment
184
-
523
-
pensions
3 442
-
9 755
-
health
1 266
-
3 588
-
income
3 389
-
42 937
-
total
8 281
-
56 803
-
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.

24 587
-
175 028
-
pensions
2 950
-
8 361
-
health
1 266
-
3 588
-
unemployment
184
-
523
-
total
4 400
-
12 472
-
Corporate
158 512
187 500
-
-
income
23 777
28 125
-
-
total
23 777
28 125
-
-
Dividends
134 735
159 375
-
-
withholding
20 210
23 906
-
-
total
20 210
23 906
-
-
Income
187 500
187 500
187 500
187 500
Total tax
56 668
52 031
69 275
69 275
After tax
130 832
135 469
118 225
118 225
Living cost
16 305
16 305
16 305
16 305
Free-cash
114 527
119 164
101 920
101 920

Estimated living cost  is ₽16305 per week

₽10978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80889
₽59405
₽81229
₽73620
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
65 156
income
-
-
-
23 302
surtax
-
-
-
-
total
-
-
-
88 458
Employee
36 599
-
151 516
-
social contributions
4 026
-
16 667
-
income
7 151
-
50 022
-
surtax
-
-
-
-
total
11 177
-
66 689
-
Employer
36 599
-
151 516
-
social contributions
8 691
-
35 984
-
total
8 691
-
35 984
-
Corporate
142 210
187 500
-
-
income
29 864
39 375
-
-
surtax
-
-
-
-
total
29 864
39 375
-
-
Dividends
112 345
148 125
-
-
withholding
31 457
41 474
-
-
total
31 457
41 474
-
-
Income
187 500
187 500
187 500
187 500
Total tax
81 189
80 849
102 673
88 458
After tax
106 311
106 651
84 827
99 042
Living cost
25 422
25 422
25 422
25 422
Free-cash
80 889
81 229
59 405
73 620

Estimated living cost  is ₽25422 per week

₽18006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85412
₽67887
₽91584
₽71845
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
56 294
pensions
-
-
-
24 734
other
-
-
-
88
unemployment
-
-
-
612
total
-
-
-
82 515
Employee
45 541
-
159 636
-
unemployment
705
-
1 355
-
pensions
2 140
-
4 109
-
income
9 512
-
53 057
-
other
45
-
88
-
total
12 402
-
58 609
-
Employer
45 541
-
159 636
-
pensions
10 748
-
20 627
-
other
365
-
700
-
unemployment
2 505
-
4 807
-
accident
902
-
1 730
-
total
14 520
-
27 864
-
Corporate
127 439
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.

19 115
28 125
-
-
total
19 115
28 125
-
-
Dividends
108 324
159 375
-
-
withholding
22 911
34 651
-
-
total
22 911
34 651
-
-
Income
187 500
187 500
187 500
187 500
Total tax
68 948
62 776
86 473
82 515
After tax
118 552
124 724
101 027
104 985
Living cost
33 140
33 140
33 140
33 140
Free-cash
85 412
91 584
67 887
71 845

Estimated living cost  is ₽33140 per week

₽23800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6297
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138348
₽141948
₽144095
₽134364
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 787
income
-
-
-
28 125
pensions

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

-
-
-
4 874
unemployment
-
-
-
132
total
-
-
-
36 918
Employee
21 476
-
181 039
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

1 885
-
2 892
-
health
988
-
1 515
-
income
2 148
-
18 104
-
total
5 257
-
22 873
-
Employer
21 476
-
181 039
-
pensions

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

2 367
-
3 629
-
health
1 482
-
2 272
-
unemployment
129
-
198
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
total
4 214
-
6 461
-
Corporate
161 811
187 500
-
-
income
16 181
18 750
-
-
total
16 181
18 750
-
-
Dividends
145 630
168 750
-
-
withholding
7 282
8 437
-
-
total
7 282
8 437
-
-
Income
187 500
187 500
187 500
187 500
Total tax
32 934
27 187
29 334
36 918
After tax
154 566
160 313
158 166
150 582
Living cost
16 218
16 218
16 218
16 218
Free-cash
138 348
144 095
141 948
134 364

Estimated living cost  is ₽16218 per week

₽10727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

Source of data for Sofia model

Close
Berlin , Germany
₽72391
₽81002
₽60055
₽60387
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 442
trade
-
-
-
20 615
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.

-
-
-
60 332
surtax

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

-
-
-
3 318
total
-
-
-
90 707
Employee

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

46 919
-
187 500
-
health

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

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

6 442
-
6 442
-
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.

3 858
-
60 332
-
surtax

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

213
-
3 318
-
total
10 513
-
70 092
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
140 581
187 500
-
-
income
21 087
28 125
-
-
chamber of commerce
349
419
-
-
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.

1 160
1 546
-
-
trade
20 173
26 906
-
-
total
42 769
56 996
-
-
Dividends
97 813
130 504
-
-
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.

1 326
1 775
-
-
withholding
24 095
32 268
-
-
total
25 421
34 043
-
-
Income
187 500
187 500
187 500
187 500
Total tax
78 703
91 039
70 092
90 707
After tax
108 797
96 461
117 408
96 793
Living cost
36 406
36 406
36 406
36 406
Free-cash
72 391
60 055
81 002
60 387

Estimated living cost  is ₽36406 per week

₽25113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3917
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.
₽6847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79617
₽42593
₽77534
₽42593
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
31 777
income
-
-
-
59 414
total
-
-
-
91 191
Employee
73 761
-
187 500
-
social contributions
6 128
-
31 777
-
income
13 918
-
59 414
-
total
20 046
-
91 191
-
Employer
73 761
-
187 500
-
total
-
-
-
-
Corporate
113 739
187 500
-
-
income
14 217
23 437
-
-
total
14 217
23 437
-
-
Dividends
99 521
164 063
-
-
withholding
19 904
32 813
-
-
total
19 904
32 813
-
-
Income
187 500
187 500
187 500
187 500
Total tax
54 167
56 250
91 191
91 191
After tax
133 333
131 250
96 309
96 309
Living cost
53 716
53 716
53 716
53 716
Free-cash
79 617
77 534
42 593
42 593

Estimated living cost  is ₽53716 per week

₽40866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7960
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85959
₽97780
₽82663
₽119288
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
28 125
health

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

-
-
-
5 857
total
-
-
-
33 982
Employee
43 258
-
183 162
-
social contributions
4 334
-
4 338
-
income
4 694
-
46 814
-
total
9 028
-
51 152
-
Employer
43 258
-
183 162
-
social contributions
4 334
-
4 338
-
total
4 334
-
4 338
-
Corporate
139 908
187 500
-
-
income
48 967
65 625
-
-
total
48 967
65 625
-
-
Dividends
90 941
121 875
-
-
social contributions
4 982
4 982
-
-
total
4 982
4 982
-
-
Income
187 500
187 500
187 500
187 500
Total tax
67 311
70 607
55 490
33 982
After tax
120 189
116 893
132 010
153 518
Living cost
34 230
34 230
34 230
34 230
Free-cash
85 959
82 663
97 780
119 288

Estimated living cost  is ₽34230 per week

₽22547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2699
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91225
₽71339
₽85758
₽88174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 227
pensions
-
-
-
8 805
total
-
-
-
65 032
Employee
47 074
-
163 562
-
pensions
3 593
-
10 647
-
health
614
-
2 276
-
income
8 572
-
45 006
-
total
12 779
-
57 929
-
Employer
47 074
-
163 562
-
pensions
4 756
-
20 831
-
health
895
-
3 107
-
total
5 651
-
23 938
-
Corporate
134 776
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.

25 608
35 626
-
-
total
25 608
35 626
-
-
Dividends
109 168
151 874
-
-
withholding
17 943
31 822
-
-
total
17 943
31 822
-
-
Income
187 500
187 500
187 500
187 500
Total tax
61 981
67 448
81 867
65 032
After tax
125 519
120 052
105 633
122 468
Living cost
34 294
34 294
34 294
34 294
Free-cash
91 225
85 758
71 339
88 174

Estimated living cost  is ₽34294 per week

₽23526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
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.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽11702
₽79805
-₽7537
₽105380
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241
health
-
-
-
2 081
income
-
-
-
52 750
pensions
-
-
-
3 969
other
-
-
-
354
total
-
-
-
59 395
Employee
35 748
-
169 986
-
pensions
4 025
-
7 278
-
health
4 093
-
19 464
-
income
4 904
-
40 714
-
total
13 022
-
67 456
-
Employer
35 748
-
169 986
-
pensions
5 812
-
10 510
-
unemployment
876
-
4 165
-
accident
597
-
2 839
-
total
7 285
-
17 514
-
Corporate
144 467
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.

130 021
168 750
-
-
total
130 021
168 750
-
-
Dividends
14 447
18 750
-
-
withholding
2 745
3 562
-
-
total
2 745
3 562
-
-
Income
187 500
187 500
187 500
187 500
Total tax
153 073
172 312
84 970
59 395
After tax
34 427
15 188
102 530
128 105
Living cost
22 725
22 725
22 725
22 725
Free-cash
11 702
-7 537
79 805
105 380

Estimated living cost  is ₽22725 per week

₽16678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1324
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.
₽4265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140638
₽122797
₽130705
₽102068
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
31 239
health insurance
-
-
-
11 156
pensions
-
-
-
27 740
unemployment
-
-
-
1 809
work injury
-
-
-
754
total
-
-
-
72 698
Employee

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

20 374
-
187 500
-
unemployment
244
-
905
-
pensions
3 749
-
13 870
-
work injury
102
-
377
-
income
2 037
-
31 239
-
health insurance
1 508
-
5 578
-
total
7 640
-
51 969
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
167 126
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%.

1 671
18 750
-
-
total
1 671
18 750
-
-
Dividends
165 455
168 750
-
-
withholding
24 818
25 312
-
-
total
24 818
25 312
-
-
Income
187 500
187 500
187 500
187 500
Total tax
34 129
44 062
51 969
72 698
After tax
153 371
143 438
135 531
114 802
Living cost
12 734
12 734
12 734
12 734
Free-cash
140 638
130 705
122 797
102 068

Estimated living cost  is ₽12734 per week

₽7889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56906
₽41084
₽61196
₽49012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
47 195
municipal
-
-
-
1 263
regional
-
-
-
4 356
national
-
-
-
48 108
total
-
-
-
100 922
Employee
79 461
-
187 500
-
regional
1 200
-
3 877
-
municipal
474
-
1 131
-
national
13 428
-
41 968
-
social contributions
26 794
-
61 874
-
total
41 896
-
108 850
-
Employer
79 461
-
187 500
-
total
-
-
-
-
Corporate
108 039
187 500
-
-
municipal
5 207
9 037
-
-
nationa
25 929
45 000
-
-
total
31 136
54 037
-
-
Dividends
76 903
133 463
-
-
withholding
19 996
34 701
-
-
total
19 996
34 701
-
-
Income
187 500
187 500
187 500
187 500
Total tax
93 028
88 738
108 850
100 922
After tax
94 472
98 762
78 650
86 578
Living cost
37 566
37 566
37 566
37 566
Free-cash
56 906
61 196
41 084
49 012

Estimated living cost  is ₽37566 per week

₽26387
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2584
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.
₽8026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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