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
₽89675
₽67478
₽66680
₽77351
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
61 313
trade
-
-
-
22 995
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.

-
-
-
6 099
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.

-
-
-
3 373
total
-
-
-
93 780
Employee

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

34 146
-
187 500
-
surtax

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

53
-
3 373
-
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.

6 099
-
6 099
-
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.

954
-
61 313
-
total
7 106
-
70 785
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
153 354
187 500
-
-
income
23 003
28 124
-
-
trade
24 153
29 531
-
-
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.

1 266
1 547
-
-
chamber of commerce
356
405
-
-
total
48 778
59 607
-
-
Dividends
104 577
127 893
-
-
withholding
25 805
31 635
-
-
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.

1 420
1 740
-
-
total
27 225
33 375
-
-
Income
187 500
187 500
187 500
187 500
Total tax
83 109
92 982
70 785
93 780
After tax
104 391
94 518
116 715
93 720
Living cost
27 040
27 040
27 040
27 040
Free-cash
77 351
67 478
89 675
66 680

Estimated living cost  is ₽27040 per week

₽17009
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6373
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62353
₽70011
₽61346
₽69230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
pensions
-
-
-
22 500
social contributions
-
-
-
2 016
municipal
-
-
-
20 712
national
-
-
-
33 937
total
-
-
-
79 165
Employee
72 841
-
162 092
-
municipal
8 997
-
21 438
-
pensions
2 914
-
6 484
-
national
13 942
-
35 527
-
total
25 853
-
63 449
-
Employer
72 841
-
162 092
-
social contributions
783
-
1 742
-
pensions
5 827
-
12 967
-
total
6 610
-
14 709
-
Corporate
103 241
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%.

20 648
37 500
-
-
total
20 648
37 500
-
-
Dividends
82 593
150 000
-
-
withholding
18 170
33 000
-
-
total
18 170
33 000
-
-
Income
187 500
187 500
187 500
187 500
Total tax
71 281
70 500
78 158
79 165
After tax
116 219
117 000
109 342
108 335
Living cost
46 989
46 989
46 989
46 989
Free-cash
69 230
70 011
62 353
61 346

Estimated living cost  is ₽46989 per week

₽31938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽703
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62245
₽131427
₽48729
₽124102
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
38 181
microenterprise
-
-
-
-
social contributions

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

-
-
-
34 205
surtax
-
-
-
47 812
total
-
-
-
120 198
Employee
26 086
-
145 827
-
surtax
-
-
21 145
-
social contributions

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

2 870
-
11 703
-
income
4 644
-
32 161
-
total
7 514
-
65 009
-
Employer
26 086
-
145 827
-
surtax
-
-
16 042
-
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.

6 284
-
25 631
-
total
6 284
-
41 673
-
Corporate
155 130
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%.

31 027
37 500
-
-
total
31 027
37 500
-
-
Dividends

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

124 104
150 000
-
-
total
-
-
-
-
Income
187 500
187 500
187 500
187 500
Total tax
44 825
37 500
106 682
120 198
After tax
142 675
150 000
80 818
67 302
Living cost
18 573
18 573
18 573
18 573
Free-cash
124 102
131 427
62 245
48 729

Estimated living cost  is ₽18573 per week

₽11849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82542
₽55883
₽64012
₽50414
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
64 621
pensions
-
-
-
10 460
health
-
-
-
11 009
total
-
-
-
86 090
Employee
76 236
76 236
170 909
-
pensions
13 723
10 460
10 460
-
health
11 701
9 953
11 009
-
income

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

12 479
12 479
29 501
-
total
37 903
32 892
50 970
-
Employer
76 236
76 236
170 909
-
health
5 299
5 299
6 585
-
unemployment
2 745
2 745
3 410
-
pensions
5 306
5 306
6 595
-
total
13 350
13 350
16 590
-
Corporate
98 849
97 914
-
-
income
19 769
19 583
-
-
total
19 769
19 583
-
-
Dividends
79 080
78 331
-
-
income
16 804
16 645
-
-
withholding
11 862
11 749
-
-
total
28 666
28 394
-
-
Income
187 500
187 500
187 500
187 500
Total tax
99 688
94 219
67 560
86 090
After tax
87 812
93 281
119 940
101 410
Living cost
37 398
37 398
37 398
37 398
Free-cash
50 414
55 883
82 542
64 012

Estimated living cost  is ₽37398 per week

₽26503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57381
₽66025
₽58263
₽65208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
pensions
-
-
-
8 612
other
-
-
-
9 257
unemployment
-
-
-
80
accident
-
-
-
159
health
-
-
-
4 971
municipal
-
-
-
49 030
national
-
-
-
20 778
total
-
-
-
92 887
Employee
51 796
-
162 469
-
municipal
15 446
-
48 448
-
national
-
-
20 290
-
total
15 446
-
68 738
-
Employer
51 796
-
162 469
-
accident
104
-
159
-
other
6 019
-
9 257
-
health
3 185
-
4 900
-
unemployment
1 367
-
2 103
-
pensions
5 599
-
8 612
-
total
16 274
-
25 031
-
Corporate
119 430
187 500
-
-
income
26 275
41 250
-
-
total
26 275
41 250
-
-
Dividends
93 155
146 250
-
-
withholding
27 947
43 875
-
-
total
27 947
43 875
-
-
Income
187 500
187 500
187 500
187 500
Total tax
85 942
85 125
93 769
92 887
After tax
101 558
102 375
93 731
94 613
Living cost
36 350
36 350
36 350
36 350
Free-cash
65 208
66 025
57 381
58 263

Estimated living cost  is ₽36350 per week

₽24092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3567
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81644
₽58485
₽57628
₽71028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
61 313
trade
-
-
-
24 016
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.

-
-
-
6 099
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.

-
-
-
3 373
total
-
-
-
94 801
Employee

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

45 273
-
187 500
-
surtax

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

213
-
3 373
-
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.

6 099
-
6 099
-
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.

3 890
-
61 313
-
total
10 202
-
70 785
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
142 227
187 500
-
-
income
21 334
28 124
-
-
trade
23 396
30 844
-
-
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.

1 174
1 547
-
-
chamber of commerce
337
402
-
-
total
46 241
60 917
-
-
Dividends
95 986
126 584
-
-
withholding
23 657
31 306
-
-
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.

1 301
1 721
-
-
total
24 958
33 027
-
-
Income
187 500
187 500
187 500
187 500
Total tax
81 401
93 944
70 785
94 801
After tax
106 099
93 556
116 715
92 699
Living cost
35 071
35 071
35 071
35 071
Free-cash
71 028
58 485
81 644
57 628

Estimated living cost  is ₽35071 per week

₽23455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7393
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96118
₽107729
₽97685
₽104024
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 634
social contributions
-
-
-
14 444
health
-
-
-
4 781
total
-
-
-
60 859
Employee
68 647
68 647
176 549
-
social contributions
3 336
5 697
7 685
-
health
683
1 167
3 002
-
income
7 209
6 355
40 788
-
total
11 228
13 219
51 475
-
Employer
68 647
68 647
176 549
-
health
744
1 271
3 266
-
social contributions
3 336
5 697
7 685
-
total
4 080
6 968
10 951
-
Corporate
143 237
111 885
-
-
income
17 905
13 985
-
-
total
17 905
13 985
-
-
Dividends
125 332
97 899
-
-
withholding
21 307
16 643
-
-
total
21 307
16 643
-
-
Income
187 500
187 500
187 500
187 500
Total tax
54 520
50 815
62 426
60 859
After tax
132 980
136 685
125 074
126 641
Living cost
28 956
28 956
28 956
28 956
Free-cash
104 024
107 729
96 118
97 685

Estimated living cost  is ₽28956 per week

₽19794
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90626
₽87231
₽111820
₽87609
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 922
pensions
-
-
-
18 750
unemployment
-
-
-
2 813
health
-
-
-
13 125
total
-
-
-
57 610
Employee

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

The minimum wage is 138,000 HUF per month.

26 084
10 381
156 904
-
unemployment
391
156
2 354
-
pensions
2 608
1 038
15 690
-
health
1 826
727
10 983
-
income
3 189
1 269
19 181
-
total
8 014
3 190
48 208
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 084
10 381
156 904
-
pensions
5 086
2 024
30 596
-
total
5 086
2 024
30 596
-
Corporate
156 330
175 095
-
-
income
14 070
15 759
-
-
total
14 070
15 759
-
-
Dividends
142 260
159 336
-
-
withholding
27 029
30 274
-
-
social contributions
27 622
30 952
-
-
total
54 651
61 226
-
-
Income
187 500
187 500
187 500
187 500
Total tax
81 821
82 199
78 804
57 610
After tax
105 679
105 301
108 696
129 890
Living cost
18 070
18 070
18 070
18 070
Free-cash
87 609
87 231
90 626
111 820

Estimated living cost  is ₽18070 per week

₽12331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽361
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3899
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86509
₽128437
₽78938
₽122891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 124
pensions
-
-
-
37 500
health
-
-
-
24 375
total
-
-
-
86 999
Employee
25 326
-
140 133
-
unemployment
405
-
2 241
-
pensions
507
-
2 802
-
income
2 851
-
27 018
-
total
3 763
-
32 061
-
Employer
25 326
-
140 133
-
health
3 292
-
18 217
-
unemployment
203
-
1 122
-
pensions
5 065
-
28 028
-
total
8 560
-
47 367
-
Corporate
153 614
187 500
-
-
income
30 723
37 500
-
-
total
30 723
37 500
-
-
Dividends
122 891
150 000
-
-
total
-
-
-
-
Income
187 500
187 500
187 500
187 500
Total tax
43 046
37 500
79 428
86 999
After tax
144 454
150 000
108 072
100 501
Living cost
21 563
21 563
21 563
21 563
Free-cash
122 891
128 437
86 509
78 938

Estimated living cost  is ₽21563 per week

₽14790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1284
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83193
-₽4511
₽108369
₽12167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 195
pensions
-
-
-
3 726
other
-
-
-
332
accident
-
-
-
226
health
-
-
-
1 953
total
-
-
-
59 432
Employee
30 988
-
170 606
-
pensions
3 489
-
6 832
-
health
3 548
-
19 535
-
income
4 251
-
41 347
-
total
11 288
-
67 714
-
Employer
30 988
-
170 606
-
accident
517
-
2 849
-
unemployment
759
-
4 180
-
pensions
5 039
-
9 865
-
total
6 315
-
16 894
-
Corporate
150 196
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.

135 177
168 750
-
-
total
135 177
168 750
-
-
Dividends
15 020
18 750
-
-
withholding
2 854
3 562
-
-
total
2 854
3 562
-
-
Income
187 500
187 500
187 500
187 500
Total tax
155 634
172 312
84 608
59 432
After tax
31 866
15 188
102 892
128 068
Living cost
19 699
19 699
19 699
19 699
Free-cash
12 167
-4 511
83 193
108 369

Estimated living cost  is ₽19699 per week

₽14438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142355
₽170480
₽177980
₽169047
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 556
-
187 500
-
income
1 911
-
37 500
-
total
1 911
-
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%.

177 944
187 500
-
-
total
-
-
-
-
Dividends
177 944
187 500
-
-
withholding
8 897
9 375
-
-
total
8 897
9 375
-
-
Income
187 500
187 500
187 500
187 500
Total tax
10 808
9 375
37 500
1 875
After tax
176 692
178 125
150 000
185 625
Living cost
7 645
7 645
7 645
7 645
Free-cash
169 047
170 480
142 355
177 980

Estimated living cost  is ₽7645 per week

₽4738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2061
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85283
₽113969
₽86861
₽107939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 847
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.

-
-
-
32 582
other
-
-
-
6 448
health
-
-
-
5 974
total
-
-
-
76 851
Employee
32 414
-
153 151
-
unemployment
324
-
1 357
-
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.

2 268
-
9 502
-
health
454
-
1 901
-
income
5 581
-
31 320
-
total
8 627
-
44 080
-
Employer
32 414
-
153 151
-
accident
259
-
1 225
-
other
1 621
-
6 787
-
health
454
-
1 901
-
unemployment
324
-
1 357
-
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.

5 511
-
23 079
-
total
8 169
-
34 349
-
Corporate
146 916
187 500
-
-
income
30 852
39 375
-
-
total
30 852
39 375
-
-
Dividends
116 064
148 125
-
-
withholding
8 125
10 368
-
-
total
8 125
10 368
-
-
Income
187 500
187 500
187 500
187 500
Total tax
55 773
49 743
78 429
76 851
After tax
131 727
137 757
109 071
110 649
Living cost
23 788
23 788
23 788
23 788
Free-cash
107 939
113 969
85 283
86 861

Estimated living cost  is ₽23788 per week

₽16808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45148
₽59412
₽61960
₽66662
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 659
pensions
-
-
-
8 678
total
-
-
-
65 337
Employee
85 179
-
163 524
-
pensions
8 217
-
10 462
-
health
1 404
-
2 258
-
income
15 354
-
45 452
-
total
24 975
-
58 172
-
Employer
85 179
-
163 524
-
health
1 618
-
3 107
-
pensions
10 057
-
20 870
-
total
11 675
-
23 977
-
Corporate
90 646
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.

17 222
35 625
-
-
total
17 222
35 625
-
-
Dividends
73 425
151 875
-
-
withholding
6 763
32 260
-
-
total
6 763
32 260
-
-
Income
187 500
187 500
187 500
187 500
Total tax
60 635
67 885
82 149
65 337
After tax
126 865
119 615
105 351
122 163
Living cost
60 203
60 203
60 203
60 203
Free-cash
66 662
59 412
45 148
61 960

Estimated living cost  is ₽60203 per week

₽45111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7074
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.
₽7529
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽146787
₽148481
₽139127
₽144289
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
4 665
unemployment
-
-
-
126
health
-
-
-
3 625
total
-
-
-
36 541
Employee
15 667
-
181 316
-
pensions

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

1 376
-
2 768
-
health
721
-
1 450
-
accident

We are using the highest rate at 1.1%.

172
-
347
-
income
1 566
-
18 132
-
total
3 835
-
22 697
-
Employer
15 667
-
181 316
-
accident

We are using the highest rate at 1.1%.

172
-
347
-
health
1 081
-
2 175
-
unemployment
94
-
189
-
pensions

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

1 727
-
3 473
-
total
3 074
-
6 184
-
Corporate
168 759
187 500
-
-
income
16 876
18 750
-
-
total
16 876
18 750
-
-
Dividends
151 883
168 750
-
-
withholding
7 594
8 437
-
-
total
7 594
8 437
-
-
Income
187 500
187 500
187 500
187 500
Total tax
31 379
27 187
28 881
36 541
After tax
156 121
160 313
158 619
150 959
Living cost
11 832
11 832
11 832
11 832
Free-cash
144 289
148 481
146 787
139 127

Estimated living cost  is ₽11832 per week

₽6908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽313
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70436
₽43777
₽51906
₽46022
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
64 621
pensions
-
-
-
10 460
health
-
-
-
11 009
total
-
-
-
86 090
Employee
82 768
76 236
170 909
-
pensions
10 460
10 460
10 460
-
health
10 326
9 953
11 009
-
income

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

12 479
12 479
29 501
-
total
33 265
32 892
50 970
-
Employer
82 768
76 236
170 909
-
health
5 752
5 299
6 585
-
unemployment
2 980
2 745
3 410
-
pensions
5 760
5 306
6 595
-
total
14 492
13 350
16 590
-
Corporate
90 240
97 914
-
-
income
18 048
19 583
-
-
total
18 048
19 583
-
-
Dividends
72 192
78 331
-
-
income
15 340
16 645
-
-
withholding
10 829
11 749
-
-
total
26 169
28 394
-
-
Income
187 500
187 500
187 500
187 500
Total tax
91 974
94 219
67 560
86 090
After tax
95 526
93 281
119 940
101 410
Living cost
49 504
49 504
49 504
49 504
Free-cash
46 022
43 777
70 436
51 906

Estimated living cost  is ₽49504 per week

₽36517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7998
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78875
₽106793
₽86868
₽98837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 515
solidarity contribution
-
-
-
1 414
social contributions
-
-
-
32 090
health
-
-
-
25 312
total
-
-
-
78 331
Employee
32 795
-
146 812
-
social contributions
2 132
-
7 143
-
solidarity contribution
-
-
697
-
health
4 427
-
19 820
-
income
3 935
-
17 977
-
total
10 494
-
45 637
-
Employer
32 795
-
146 812
-
health
2 952
-
13 213
-
social contributions
8 199
-
27 474
-
total
11 151
-
40 687
-
Corporate
143 554
187 500
-
-
income
27 275
35 625
-
-
total
27 275
35 625
-
-
Dividends
116 279
151 875
-
-
withholding
17 442
22 781
-
-
total
17 442
22 781
-
-
Income
187 500
187 500
187 500
187 500
Total tax
66 362
58 406
86 324
78 331
After tax
121 138
129 094
101 176
109 169
Living cost
22 301
22 301
22 301
22 301
Free-cash
98 837
106 793
78 875
86 868

Estimated living cost  is ₽22301 per week

₽15490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44289
₽62370
₽51857
₽57708
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 308
social contributions
-
-
-
44 681
municipal
-
-
-
1 142
national
-
-
-
49 842
total
-
-
-
97 973
Employee
79 341
-
187 500
-
municipal
420
-
1 032
-
social contributions
26 754
-
58 578
-
regional
749
-
2 066
-
national
13 748
-
43 865
-
total
41 671
-
105 541
-
Employer
79 341
-
187 500
-
total
-
-
-
-
Corporate
108 159
187 500
-
-
nationa
25 958
45 000
-
-
municipal
4 218
7 312
-
-
total
30 176
52 312
-
-
Dividends
77 983
135 188
-
-
withholding
20 275
35 148
-
-
total
20 275
35 148
-
-
Income
187 500
187 500
187 500
187 500
Total tax
92 122
87 460
105 541
97 973
After tax
95 378
100 040
81 959
89 527
Living cost
37 670
37 670
37 670
37 670
Free-cash
57 708
62 370
44 289
51 857

Estimated living cost  is ₽37670 per week

₽26259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2470
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63170
₽98236
₽68629
₽95458
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 216
pensions
-
-
-
23 830
other
-
-
-
-
unemployment
-
-
-
203
health
-
-
-
8 459
surtax
-
-
-
9 463
total
-
-
-
99 171
Employee
29 522
-
162 420
-
unemployment
2 055
-
8 293
-
surtax
97
-
8 394
-
pensions
1 969
-
7 947
-
health
754
-
3 038
-
other
-
-
-
-
income
4 949
-
51 878
-
total
9 824
-
79 550
-
Employer
29 522
-
162 420
-
other
-
-
-
-
health
1 343
-
5 421
-
unemployment
935
-
3 776
-
pensions
3 935
-
15 883
-
total
6 213
-
25 080
-
Corporate
151 763
187 500
-
-
income
39 458
48 751
-
-
total
39 458
48 751
-
-
Dividends
112 305
138 749
-
-
withholding
16 847
20 813
-
-
total
16 847
20 813
-
-
Income
187 500
187 500
187 500
187 500
Total tax
72 342
69 564
104 630
99 171
After tax
115 158
117 936
82 870
88 329
Living cost
19 700
19 700
19 700
19 700
Free-cash
95 458
98 236
63 170
68 629

Estimated living cost  is ₽19700 per week

₽12045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1818
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64222
₽78486
₽81034
₽84434
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 659
pensions
-
-
-
8 678
total
-
-
-
65 337
Employee
57 084
-
163 524
-
pensions
4 845
-
10 462
-
health
829
-
2 258
-
income
10 281
-
45 452
-
total
15 955
-
58 172
-
Employer
57 084
-
163 524
-
health
1 084
-
3 107
-
pensions
6 179
-
20 870
-
total
7 263
-
23 977
-
Corporate
123 152
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.

23 399
35 625
-
-
total
23 399
35 625
-
-
Dividends
99 752
151 875
-
-
withholding
15 320
32 260
-
-
total
15 320
32 260
-
-
Income
187 500
187 500
187 500
187 500
Total tax
61 937
67 885
82 149
65 337
After tax
125 563
119 615
105 351
122 163
Living cost
41 129
41 129
41 129
41 129
Free-cash
84 434
78 486
64 222
81 034

Estimated living cost  is ₽41129 per week

₽30814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3083
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽70307
₽13774
₽78115
₽44567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
9 949
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.

-
-
-
3 750
city
-
-
-
1 976
health
-
-
-
421
national
-
-
-
4 075
total
-
-
-
37 421
Employee
84 216
-
168 193
-
city
904
-
1 811
-
unemployment
-
-
-
-
pensions
7 075
-
13 714
-
regional
2 758
-
8 706
-
health
190
-
379
-
national
399
-
3 162
-
total
11 326
-
27 772
-
Employer
84 216
-
168 193
-
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.

1 684
-
3 364
-
health
190
-
379
-
unemployment
-
-
-
-
pensions
7 075
-
13 714
-
total
8 949
-
17 457
-
Corporate
93 408
187 500
-
-
national
7 940
15 938
-
-
regional
19 756
39 657
-
-
total
27 696
55 595
-
-
Dividends
65 711
131 905
-
-
withholding
22 998
46 167
-
-
total
22 998
46 167
-
-
Income
187 500
187 500
187 500
187 500
Total tax
70 969
101 762
45 229
37 421
After tax
116 531
85 738
142 271
150 079
Living cost
71 964
71 964
71 964
71 964
Free-cash
44 567
13 774
70 307
78 115

Estimated living cost  is ₽71964 per week

₽46797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6458
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽883
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽17825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽75818
₽51692
₽50780
₽66169
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
61 313
trade
-
-
-
25 038
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.

-
-
-
6 099
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.

-
-
-
3 373
total
-
-
-
95 823
Employee

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

53 652
-
187 500
-
surtax

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

347
-
3 373
-
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.

6 099
-
6 099
-
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.

6 309
-
61 313
-
total
12 755
-
70 785
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
133 848
187 500
-
-
income
20 077
28 124
-
-
trade
22 956
32 157
-
-
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.

1 105
1 547
-
-
chamber of commerce
324
400
-
-
total
44 462
62 228
-
-
Dividends
89 387
125 272
-
-
withholding
22 007
30 979
-
-
surtax

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

1 210
1 704
-
-
total
23 217
32 683
-
-
Income
187 500
187 500
187 500
187 500
Total tax
80 434
94 911
70 785
95 823
After tax
107 066
92 589
116 715
91 677
Living cost
40 897
40 897
40 897
40 897
Free-cash
66 169
51 692
75 818
50 780

Estimated living cost  is ₽40897 per week

₽29869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68572
₽63958
₽73213
₽69230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 164
pensions
-
-
-
30 551
social contributions
-
-
-
5 343
other
-
-
-
5 813
health
-
-
-
8 872
surtax
-
-
-
-
total
-
-
-
83 743
Employee
38 208
-
143 600
-
surtax
-
-
-
-
pensions
4 320
-
10 612
-
social contributions
1 089
-
4 091
-
income
2 255
-
29 784
-
total
7 664
-
44 487
-
Employer
38 208
-
143 600
-
other
1 318
-
5 869
-
health
2 675
-
14 029
-
unemployment
1 547
-
5 816
-
social contributions
115
-
430
-
pensions
6 277
-
17 753
-
total
11 932
-
43 897
-
Corporate
137 360
187 500
-
-
income
38 460
52 500
-
-
surtax
-
-
-
-
total
38 460
52 500
-
-
Dividends
98 900
135 000
-
-
withholding
12 659
17 280
-
-
surtax
-
-
-
-
social contributions
17 011
23 218
-
-
total
29 670
40 498
-
-
Income
187 500
187 500
187 500
187 500
Total tax
87 726
92 998
88 384
83 743
After tax
99 774
94 502
99 116
103 757
Living cost
30 544
30 544
30 544
30 544
Free-cash
69 230
63 958
68 572
73 213

Estimated living cost  is ₽30544 per week

₽19259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2484
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.
₽8283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71599
₽66985
₽76240
₽71943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 164
pensions
-
-
-
30 551
social contributions
-
-
-
5 343
other
-
-
-
5 813
health
-
-
-
8 872
surtax
-
-
-
-
total
-
-
-
83 743
Employee
34 106
-
143 600
-
surtax
-
-
-
-
pensions
3 858
-
10 612
-
social contributions
972
-
4 091
-
income
1 759
-
29 784
-
total
6 589
-
44 487
-
Employer
34 106
-
143 600
-
other
1 177
-
5 869
-
health
2 387
-
14 029
-
unemployment
1 381
-
5 816
-
social contributions
102
-
430
-
pensions
5 604
-
17 753
-
total
10 651
-
43 897
-
Corporate
142 743
187 500
-
-
income
39 968
52 500
-
-
surtax
-
-
-
-
total
39 968
52 500
-
-
Dividends
102 775
135 000
-
-
withholding
13 155
17 280
-
-
surtax
-
-
-
-
social contributions
17 677
23 218
-
-
total
30 832
40 498
-
-
Income
187 500
187 500
187 500
187 500
Total tax
88 040
92 998
88 384
83 743
After tax
99 460
94 502
99 116
103 757
Living cost
27 517
27 517
27 517
27 517
Free-cash
71 943
66 985
71 599
76 240

Estimated living cost  is ₽27517 per week

₽15959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2795
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96728
₽95462
₽101484
₽95925
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 124
social contributions
-
-
-
25 875
health
-
-
-
13 087
total
-
-
-
67 086
Employee
30 269
-
187 500
-
social contributions
4 178
-
25 875
-
health
2 113
-
13 087
-
income
5 049
-
32 880
-
total
11 340
-
71 842
-
Employer
30 269
-
187 500
-
total
-
-
-
-
Corporate
157 231
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%.

7 861
9 375
-
-
total
7 861
9 375
-
-
Dividends
149 370
178 125
-
-
withholding
22 405
26 718
-
-
health
10 426
12 433
-
-
social contributions
20 613
24 582
-
-
total
53 444
63 733
-
-
Income
187 500
187 500
187 500
187 500
Total tax
72 645
73 108
71 842
67 086
After tax
114 855
114 392
115 658
120 414
Living cost
18 930
18 930
18 930
18 930
Free-cash
95 925
95 462
96 728
101 484

Estimated living cost  is ₽18930 per week

₽12669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1167
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.
₽4657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17841
₽71998
₽64813
₽70618
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 555
pensions
-
-
-
19 295
unemployment
-
-
-
5 475
health
-
-
-
7 978
chamber of commerce
-
-
-
751
surtax
-
-
-
176
total
-
-
-
91 230
Employee
44 615
35 577
153 702
-
unemployment
1 338
1 067
3 129
-
pensions
4 569
3 642
10 680
-
health
1 726
1 377
4 035
-
other
446
356
1 044
-
income
5 079
2 624
47 939
-
total
13 158
9 066
66 827
-
Employer
44 615
35 577
153 702
-
surtax
176
176
176
-
accident
579
463
1 355
-
other
2 119
1 689
6 880
-
health
1 686
1 345
3 942
-
unemployment
1 338
1 067
3 129
-
chamber of commerce
178
142
615
-
payroll
1 338
1 067
4 611
-
pensions
5 599
4 466
13 089
-
total
13 013
10 415
33 797
-
Corporate
129 870
141 507
150 314
-
income

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

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

32 468
35 377
37 578
-
total
32 468
35 377
37 578
-
Dividends
97 402
106 130
-
-
withholding
26 786
29 187
-
-
total
26 786
29 187
-
-
Income
187 500
187 500
187 500
187 500
Total tax
85 425
84 045
138 202
91 230
After tax
102 075
103 455
49 298
96 270
Living cost
31 457
31 457
31 457
31 457
Free-cash
70 618
71 998
17 841
64 813

Estimated living cost  is ₽31457 per week

₽20980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31778
₽71088
₽48935
₽58860
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
9 914
social contributions
-
-
-
22 257
national
-
-
-
73 844
total
-
-
-
106 015
Employee

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

63 858
-
145 223
-
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.

556
-
1 264
-
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.

4 789
-
10 892
-
communal

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

3 331
-
7 575
-
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.

3 000
-
6 826
-
national
19 633
-
54 343
-
total
31 309
-
80 900
-
Employer

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

63 858
-
145 223
-
surtax
7 241
-
16 467
-
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.

830
-
1 887
-
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.

3 927
-
8 930
-
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.

932
-
2 121
-
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.

5 658
-
12 867
-
total
18 588
-
42 272
-
Corporate
105 054
187 500
-
-
income
21 011
39 128
-
-
surtax
420
783
-
-
total
21 431
39 911
-
-
Dividends
83 623
147 589
-
-
withholding

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

24 762
43 951
-
-
total
24 762
43 951
-
-
Income
187 500
187 500
187 500
187 500
Total tax
96 090
83 862
123 172
106 015
After tax
91 410
103 638
64 328
81 485
Living cost
32 550
32 550
32 550
32 550
Free-cash
58 860
71 088
31 778
48 935

Estimated living cost  is ₽32550 per week

₽20967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68901
₽92376
₽72646
₽86259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 790
pensions
-
-
-
23 416
other
-
-
-
83
unemployment
-
-
-
579
accident
-
-
-
745
total
-
-
-
82 613
Employee
44 438
-
161 121
-
unemployment
690
-
1 282
-
pensions
2 089
-
3 890
-
other
44
-
83
-
income
9 376
-
54 725
-
total
12 199
-
59 980
-
Employer
44 438
-
161 121
-
accident
879
-
1 638
-
other
354
-
662
-
unemployment
2 445
-
4 550
-
pensions
10 487
-
19 528
-
total
14 165
-
26 378
-
Corporate
128 897
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.

19 335
28 124
-
-
total
19 335
28 124
-
-
Dividends
109 562
159 376
-
-
withholding
23 301
34 759
-
-
total
23 301
34 759
-
-
Income
187 500
187 500
187 500
187 500
Total tax
69 000
62 883
86 358
82 613
After tax
118 500
124 617
101 142
104 887
Living cost
32 241
32 241
32 241
32 241
Free-cash
86 259
92 376
68 901
72 646

Estimated living cost  is ₽32241 per week

₽23742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48273
₽58744
₽40799
₽46560
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 180
communal
-
-
-
11 851
pensions
-
-
-
28 104
accident
-
-
-
1 581
health
-
-
-
13 174
surtax
-
-
-
9 296
total
-
-
-
98 186
Employee
67 606
-
167 485
-
surtax
4 144
-
10 265
-
pensions
5 408
-
13 399
-
health
3 009
-
7 453
-
income
6 530
-
39 580
-
total
19 091
-
70 697
-
Employer
67 606
-
167 485
-
accident
608
-
1 508
-
health
2 062
-
5 108
-
pensions
5 408
-
13 399
-
total
8 078
-
20 015
-
Corporate
111 816
187 500
-
-
income
16 772
28 124
-
-
surtax
1 174
1 969
-
-
communal
7 547
12 657
-
-
total
25 493
42 750
-
-
Dividends
86 322
144 750
-
-
income
26 815
15 779
-
-
withholding
12 948
21 712
-
-
total
39 763
37 491
-
-
Income
187 500
187 500
187 500
187 500
Total tax
92 425
80 241
90 712
98 186
After tax
95 075
107 259
96 788
89 314
Living cost
48 515
48 515
48 515
48 515
Free-cash
46 560
58 744
48 273
40 799

Estimated living cost  is ₽48515 per week

₽36394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62818
₽97884
₽68277
₽95046
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 216
pensions
-
-
-
23 830
other
-
-
-
-
unemployment
-
-
-
203
health
-
-
-
8 459
surtax
-
-
-
9 463
total
-
-
-
99 171
Employee
30 064
-
162 420
-
unemployment
2 092
-
8 293
-
surtax
107
-
8 394
-
pensions
2 006
-
7 947
-
health
767
-
3 038
-
other
-
-
-
-
income
5 040
-
51 878
-
total
10 012
-
79 550
-
Employer
30 064
-
162 420
-
other
-
-
-
-
health
1 367
-
5 421
-
unemployment
954
-
3 776
-
pensions
4 008
-
15 883
-
total
6 329
-
25 080
-
Corporate
151 106
187 500
-
-
income
39 287
48 751
-
-
total
39 287
48 751
-
-
Dividends
111 819
138 749
-
-
withholding
16 774
20 813
-
-
total
16 774
20 813
-
-
Income
187 500
187 500
187 500
187 500
Total tax
72 402
69 564
104 630
99 171
After tax
115 098
117 936
82 870
88 329
Living cost
20 052
20 052
20 052
20 052
Free-cash
95 046
97 884
62 818
68 277

Estimated living cost  is ₽20052 per week

₽12106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57360
₽74506
₽64887
₽72522
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 900
social contributions
-
-
-
44 681
municipal
-
-
-
1 142
national
-
-
-
49 842
total
-
-
-
98 565
Employee
49 522
-
187 500
-
municipal
263
-
1 032
-
social contributions
16 699
-
58 578
-
regional
667
-
2 617
-
national
7 846
-
43 865
-
total
25 475
-
106 092
-
Employer
49 522
-
187 500
-
total
-
-
-
-
Corporate
137 978
187 500
-
-
nationa
33 115
45 000
-
-
municipal
6 858
9 319
-
-
total
39 973
54 319
-
-
Dividends
98 005
133 181
-
-
withholding
25 482
34 627
-
-
total
25 482
34 627
-
-
Income
187 500
187 500
187 500
187 500
Total tax
90 930
88 946
106 092
98 565
After tax
96 570
98 554
81 408
88 935
Living cost
24 048
24 048
24 048
24 048
Free-cash
72 522
74 506
57 360
64 887

Estimated living cost  is ₽24048 per week

₽14956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73695
₽101613
₽81688
₽91809
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 515
solidarity contribution
-
-
-
1 414
social contributions
-
-
-
32 090
health
-
-
-
25 312
total
-
-
-
78 331
Employee
40 413
-
146 812
-
social contributions
2 627
-
7 143
-
solidarity contribution
-
-
697
-
health
5 456
-
19 820
-
income
4 849
-
17 977
-
total
12 932
-
45 637
-
Employer
40 413
-
146 812
-
health
3 637
-
13 213
-
social contributions
10 103
-
27 474
-
total
13 740
-
40 687
-
Corporate
133 347
187 500
-
-
income
25 336
35 625
-
-
total
25 336
35 625
-
-
Dividends
108 011
151 875
-
-
withholding
16 202
22 781
-
-
total
16 202
22 781
-
-
Income
187 500
187 500
187 500
187 500
Total tax
68 210
58 406
86 324
78 331
After tax
119 290
129 094
101 176
109 169
Living cost
27 481
27 481
27 481
27 481
Free-cash
91 809
101 613
73 695
81 688

Estimated living cost  is ₽27481 per week

₽20436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20859
₽75070
₽67964
₽74626
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 555
pensions
-
-
-
19 295
unemployment
-
-
-
5 475
health
-
-
-
7 978
chamber of commerce
-
-
-
751
surtax
-
-
-
-
total
-
-
-
91 054
Employee
39 024
35 577
153 866
-
unemployment
1 171
1 067
3 129
-
pensions
3 996
3 642
10 680
-
health
1 509
1 377
4 035
-
other
390
356
1 044
-
income
3 476
2 624
48 017
-
total
10 542
9 066
66 905
-
Employer
39 024
35 577
153 866
-
surtax
-
-
-
-
accident
507
463
1 355
-
other
1 853
1 689
6 887
-
health
1 476
1 345
3 942
-
unemployment
1 171
1 067
3 129
-
chamber of commerce
156
142
615
-
payroll
1 171
1 067
4 617
-
pensions
4 898
4 466
13 089
-
total
11 232
10 239
33 634
-
Corporate
137 245
141 684
150 478
-
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.

34 311
35 421
37 620
-
total
34 311
35 421
37 620
-
Dividends
102 934
106 262
-
-
withholding
28 307
29 222
-
-
total
28 307
29 222
-
-
Income
187 500
187 500
187 500
187 500
Total tax
84 392
83 948
138 159
91 054
After tax
103 108
103 552
49 341
96 446
Living cost
28 482
28 482
28 482
28 482
Free-cash
74 626
75 070
20 859
67 964

Estimated living cost  is ₽28482 per week

₽17085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138087
₽166212
₽173712
₽163978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 891
-
187 500
-
income
2 978
-
37 500
-
total
2 978
-
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%.

172 609
187 500
-
-
total
-
-
-
-
Dividends
172 609
187 500
-
-
withholding
8 631
9 375
-
-
total
8 631
9 375
-
-
Income
187 500
187 500
187 500
187 500
Total tax
11 609
9 375
37 500
1 875
After tax
175 891
178 125
150 000
185 625
Living cost
11 913
11 913
11 913
11 913
Free-cash
163 978
166 212
138 087
173 712

Estimated living cost  is ₽11913 per week

₽8062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2951
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60439
₽105150
₽64513
₽97681
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
46 070
pensions
-
-
-
34 242
unemployment
-
-
-
281
health
-
-
-
18 449
total
-
-
-
99 042
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.

39 477
-
162 240
-
unemployment
56
-
227
-
pensions
6 119
-
25 148
-
health
2 550
-
10 482
-
income
6 808
-
41 999
-
total
15 533
-
77 856
-
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.

39 477
-
162 240
-
health
2 629
-
10 805
-
unemployment
24
-
97
-
pensions
3 493
-
14 358
-
total
6 146
-
25 260
-
Corporate
141 876
187 500
-
-
income
26 957
35 624
-
-
total
26 957
35 624
-
-
Dividends
114 919
151 876
-
-
withholding
17 238
22 781
-
-
total
17 238
22 781
-
-
Income
187 500
187 500
187 500
187 500
Total tax
65 874
58 405
103 116
99 042
After tax
121 626
129 095
84 384
88 458
Living cost
23 945
23 945
23 945
23 945
Free-cash
97 681
105 150
60 439
64 513

Estimated living cost  is ₽23945 per week

₽16433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134999
₽73841
₽89344
₽29488
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
income
-
-
-
36 547
social contributions
-
-
-
21 375
total
-
-
-
57 922
Employee
57 689
-
-
-
social contributions
4 731
-
674
-
income
12 725
-
-
-
total
17 456
-
674
-
Employer
57 689
-
-
-
social contributions
81 342
-
11 593
-
total
81 342
-
11 593
-
Corporate
48 469
187 500
-
-
income
10 663
41 250
-
-
total
10 663
41 250
-
-
Dividends
37 806
146 250
-
-
income
8 317
32 175
-
-
total
8 317
32 175
-
-
Income
187 500
187 500
187 500
187 500
Total tax
117 778
73 425
12 267
57 922
After tax
69 722
114 075
175 233
129 578
Living cost
40 234
40 234
40 234
40 234
Free-cash
29 488
73 841
134 999
89 344

Estimated living cost  is ₽40234 per week

₽26105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56256
₽78649
₽70471
₽77749
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
23 870
social contributions

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

-
-
-
65 157
surtax
-
-
-
-
total
-
-
-
89 027
Employee
41 059
-
151 515
-
surtax
-
-
-
-
social contributions
4 517
-
16 667
-
income
8 540
-
50 590
-
total
13 057
-
67 257
-
Employer
41 059
-
151 515
-
social contributions
9 751
-
35 985
-
total
9 751
-
35 985
-
Corporate
136 689
187 500
-
-
income
28 706
39 375
-
-
surtax
-
-
-
-
total
28 706
39 375
-
-
Dividends
107 984
148 125
-
-
withholding
30 235
41 474
-
-
total
30 235
41 474
-
-
Income
187 500
187 500
187 500
187 500
Total tax
81 749
80 849
103 242
89 027
After tax
105 751
106 651
84 258
98 473
Living cost
28 002
28 002
28 002
28 002
Free-cash
77 749
78 649
56 256
70 471

Estimated living cost  is ₽28002 per week

₽20951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4932
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55998
₽51384
₽60639
₽57518
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 164
pensions
-
-
-
30 551
social contributions
-
-
-
5 343
other
-
-
-
5 813
health
-
-
-
8 872
surtax
-
-
-
-
total
-
-
-
83 743
Employee
55 914
-
143 600
-
surtax
-
-
-
-
pensions
6 324
-
10 612
-
social contributions
1 592
-
4 091
-
income
4 879
-
29 784
-
total
12 795
-
44 487
-
Employer
55 914
-
143 600
-
other
1 930
-
5 869
-
health
3 913
-
14 029
-
unemployment
2 265
-
5 816
-
social contributions
168
-
430
-
pensions
9 187
-
17 753
-
total
17 463
-
43 897
-
Corporate
114 123
187 500
-
-
income
31 955
52 500
-
-
surtax
-
-
-
-
total
31 955
52 500
-
-
Dividends
82 168
135 000
-
-
withholding
10 517
17 280
-
-
surtax
-
-
-
-
social contributions
14 134
23 218
-
-
total
24 651
40 498
-
-
Income
187 500
187 500
187 500
187 500
Total tax
86 864
92 998
88 384
83 743
After tax
100 636
94 502
99 116
103 757
Living cost
43 118
43 118
43 118
43 118
Free-cash
57 518
51 384
55 998
60 639

Estimated living cost  is ₽43118 per week

₽29182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3527
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115192
₽141914
₽110210
₽138916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 204
social contributions
-
-
-
41 251
total
-
-
-
50 455
Employee
28 701
-
162 337
-
income
-
-
9 757
-
social contributions
1 865
-
10 553
-
total
1 865
-
20 310
-
Employer
28 701
-
162 337
-
social contributions
4 449
-
25 163
-
total
4 449
-
25 163
-
Corporate
154 351
187 500
-
-
income
15 435
18 751
-
-
total
15 435
18 751
-
-
Dividends
138 915
168 749
-
-
total
-
-
-
-
Income
187 500
187 500
187 500
187 500
Total tax
21 749
18 751
45 473
50 455
After tax
165 751
168 749
142 027
137 045
Living cost
26 835
26 835
26 835
26 835
Free-cash
138 916
141 914
115 192
110 210

Estimated living cost  is ₽26835 per week

₽17351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6552
-₽6552
₽65921
-₽6552
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
pensions
-
-
-
772
labour market
-
-
-
14 938
municipal
-
-
-
39 966
national
-
-
-
23 009
total
-
-
-
78 685
Employee
181 044
181 044
181 044
-
municipal
38 552
38 552
38 552
-
labour market
14 463
14 463
14 463
-
pensions
257
257
257
-
national
22 118
22 118
22 118
-
total
75 390
75 390
75 390
-
Employer
181 044
181 044
181 044
-
municipal
38 614
38 614
38 614
-
national
22 156
22 156
22 156
-
labour market
14 483
14 483
14 483
-
pensions
515
515
515
-
total
75 768
75 768
75 768
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
187 500
187 500
187 500
187 500
Total tax
151 158
151 158
151 158
78 685
After tax
36 342
36 342
36 342
108 815
Living cost
42 894
42 894
42 894
42 894
Free-cash
-6 552
-6 552
-6 552
65 921

Estimated living cost  is ₽42894 per week

₽29357
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83483
-₽4221
₽108659
₽12210
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 195
pensions
-
-
-
3 726
other
-
-
-
332
accident
-
-
-
226
health
-
-
-
1 953
total
-
-
-
59 432
Employee
30 531
-
170 606
-
pensions
3 438
-
6 832
-
health
3 496
-
19 535
-
income
4 189
-
41 347
-
total
11 123
-
67 714
-
Employer
30 531
-
170 606
-
accident
510
-
2 849
-
unemployment
748
-
4 180
-
pensions
4 964
-
9 865
-
total
6 222
-
16 894
-
Corporate
150 746
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.

135 672
168 750
-
-
total
135 672
168 750
-
-
Dividends
15 075
18 750
-
-
withholding
2 864
3 562
-
-
total
2 864
3 562
-
-
Income
187 500
187 500
187 500
187 500
Total tax
155 881
172 312
84 608
59 432
After tax
31 619
15 188
102 892
128 068
Living cost
19 409
19 409
19 409
19 409
Free-cash
12 210
-4 221
83 483
108 659

Estimated living cost  is ₽19409 per week

₽14127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1106
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽60785
₽81338
₽82267
₽84093
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 514
municipal
-
-
-
33 297
national
-
-
-
35 147
total
-
-
-
70 958
Employee
46 969
-
157 736
-
unemployment
705
-
2 367
-
municipal
7 693
-
25 680
-
pensions
3 170
-
10 648
-
health
351
-
2 057
-
national
776
-
21 923
-
total
12 695
-
62 675
-
Employer
46 969
-
157 736
-
accident
47
-
158
-
health
361
-
1 215
-
unemployment
305
-
1 025
-
pensions
8 149
-
27 367
-
total
8 862
-
29 765
-
Corporate
131 669
187 500
-
-
income
26 334
37 500
-
-
total
26 334
37 500
-
-
Dividends

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

79 001
112 500
-
-
municipal
14 221
20 250
-
-
national
7 020
14 137
-
-
total
21 241
34 387
-
-
Income
187 500
187 500
187 500
187 500
Total tax
69 132
71 887
92 440
70 958
After tax
118 368
115 613
95 060
116 542
Living cost
34 275
34 275
34 275
34 275
Free-cash
84 093
81 338
60 785
82 267

Estimated living cost  is ₽34275 per week

₽22388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3297
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.
₽8045
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104405
₽116016
₽105972
₽111156
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 634
social contributions
-
-
-
14 444
health
-
-
-
4 781
total
-
-
-
60 859
Employee
68 647
68 647
176 549
-
social contributions
2 595
5 697
7 685
-
health
532
1 167
3 002
-
income
7 475
6 355
40 788
-
total
10 602
13 219
51 475
-
Employer
68 647
68 647
176 549
-
health
578
1 271
3 266
-
social contributions
2 595
5 697
7 685
-
total
3 173
6 968
10 951
-
Corporate
153 056
111 885
-
-
income
19 132
13 985
-
-
total
19 132
13 985
-
-
Dividends
133 924
97 899
-
-
withholding
22 768
16 643
-
-
total
22 768
16 643
-
-
Income
187 500
187 500
187 500
187 500
Total tax
55 675
50 815
62 426
60 859
After tax
131 825
136 685
125 074
126 641
Living cost
20 669
20 669
20 669
20 669
Free-cash
111 156
116 016
104 405
105 972

Estimated living cost  is ₽20669 per week

₽12388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127158
₽141095
₽145064
₽136551
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
19 327
pensions
-
-
-
5 679
unemployment
-
-
-
25
health
-
-
-
3 231
total
-
-
-
28 262
Employee

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

20 491
-
178 775
-
unemployment
102
-
424
-
pensions
3 073
-
12 706
-
health
1 742
-
7 200
-
income
1 401
-
17 113
-
total
6 318
-
37 443
-
Employer

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

20 491
-
178 775
-
health
881
-
3 642
-
unemployment
102
-
424
-
pensions
1 127
-
4 659
-
total
2 110
-
8 725
-
Corporate
164 899
187 500
-
-
income
14 841
16 875
-
-
total
14 841
16 875
-
-
Dividends
150 059
170 625
-
-
withholding
13 506
15 356
-
-
total
13 506
15 356
-
-
Income
187 500
187 500
187 500
187 500
Total tax
36 775
32 231
46 168
28 262
After tax
150 725
155 269
141 332
159 238
Living cost
14 174
14 174
14 174
14 174
Free-cash
136 551
141 095
127 158
145 064

Estimated living cost  is ₽14174 per week

₽9043
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1022
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3686
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76593
₽100068
₽80338
₽96125
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 790
pensions
-
-
-
23 416
other
-
-
-
83
unemployment
-
-
-
579
accident
-
-
-
745
total
-
-
-
82 613
Employee
33 010
-
161 121
-
unemployment
512
-
1 282
-
pensions
1 552
-
3 890
-
other
32
-
83
-
income
6 364
-
54 725
-
total
8 460
-
59 980
-
Employer
33 010
-
161 121
-
accident
654
-
1 638
-
other
264
-
662
-
unemployment
1 816
-
4 550
-
pensions
7 790
-
19 528
-
total
10 524
-
26 378
-
Corporate
143 966
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.

21 595
28 124
-
-
total
21 595
28 124
-
-
Dividends
122 371
159 376
-
-
withholding
26 247
34 759
-
-
total
26 247
34 759
-
-
Income
187 500
187 500
187 500
187 500
Total tax
66 826
62 883
86 358
82 613
After tax
120 674
124 617
101 142
104 887
Living cost
24 549
24 549
24 549
24 549
Free-cash
96 125
100 068
76 593
80 338

Estimated living cost  is ₽24549 per week

₽16570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119247
₽115415
₽119360
₽115155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
64 561
pensions
-
-
-
1 156
health
-
-
-
838
total
-
-
-
66 555
Employee
2 415
-
186 199
-
unemployment
24
-
58
-
pensions
217
-
520
-
health
121
-
289
-
income
467
-
64 500
-
total
829
-
65 367
-
Employer
2 415
-
186 199
-
health
229
-
549
-
unemployment
48
-
116
-
pensions
266
-
636
-
total
543
-
1 301
-
Corporate
184 542
187 500
-
-
income
40 599
41 250
-
-
total
40 599
41 250
-
-
Dividends
143 943
146 250
-
-
withholding
28 789
29 250
-
-
total
28 789
29 250
-
-
Income
187 500
187 500
187 500
187 500
Total tax
70 760
70 500
66 668
66 555
After tax
116 740
117 000
120 832
120 945
Living cost
1 585
1 585
1 585
1 585
Free-cash
115 155
115 415
119 247
119 360

Estimated living cost  is ₽1585 per week

₽942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽36
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104036
₽120055
₽104036
₽115670
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
43 152
pensions
-
-
-
17 126
unemployment
-
-
-
988
health
-
-
-
6 784
total
-
-
-
68 050
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.

23 243
-
175 710
-
unemployment
174
-
494
-
pensions
3 254
-
9 222
-
health
1 197
-
3 392
-
income
3 204
-
43 152
-
total
7 829
-
56 260
-
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.

23 243
-
175 710
-
health
1 197
-
3 392
-
unemployment
174
-
494
-
pensions
2 789
-
7 904
-
total
4 160
-
11 790
-
Corporate
160 097
187 500
-
-
income
24 015
28 125
-
-
total
24 015
28 125
-
-
Dividends
136 082
159 375
-
-
withholding
20 412
23 906
-
-
total
20 412
23 906
-
-
Income
187 500
187 500
187 500
187 500
Total tax
56 416
52 031
68 050
68 050
After tax
131 084
135 469
119 450
119 450
Living cost
15 414
15 414
15 414
15 414
Free-cash
115 670
120 055
104 036
104 036

Estimated living cost  is ₽15414 per week

₽10378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1192
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.
₽3397
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60190
₽82583
₽74405
₽82261
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
23 870
social contributions

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

-
-
-
65 157
surtax
-
-
-
-
total
-
-
-
89 027
Employee
34 649
-
151 515
-
surtax
-
-
-
-
social contributions
3 812
-
16 667
-
income
6 770
-
50 590
-
total
10 582
-
67 257
-
Employer
34 649
-
151 515
-
social contributions
8 228
-
35 985
-
total
8 228
-
35 985
-
Corporate
144 622
187 500
-
-
income
30 371
39 375
-
-
surtax
-
-
-
-
total
30 371
39 375
-
-
Dividends
114 251
148 125
-
-
withholding
31 990
41 474
-
-
total
31 990
41 474
-
-
Income
187 500
187 500
187 500
187 500
Total tax
81 171
80 849
103 242
89 027
After tax
106 329
106 651
84 258
98 473
Living cost
24 068
24 068
24 068
24 068
Free-cash
82 261
82 583
60 190
74 405

Estimated living cost  is ₽24068 per week

₽17046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69767
₽93242
₽73512
₽87400
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 790
pensions
-
-
-
23 416
other
-
-
-
83
unemployment
-
-
-
579
accident
-
-
-
745
total
-
-
-
82 613
Employee
43 115
-
161 121
-
unemployment
667
-
1 282
-
pensions
2 026
-
3 890
-
other
42
-
83
-
income
9 005
-
54 725
-
total
11 740
-
59 980
-
Employer
43 115
-
161 121
-
accident
854
-
1 638
-
other
346
-
662
-
unemployment
2 372
-
4 550
-
pensions
10 175
-
19 528
-
total
13 747
-
26 378
-
Corporate
130 638
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.

19 596
28 124
-
-
total
19 596
28 124
-
-
Dividends
111 042
159 376
-
-
withholding
23 642
34 759
-
-
total
23 642
34 759
-
-
Income
187 500
187 500
187 500
187 500
Total tax
68 725
62 883
86 358
82 613
After tax
118 775
124 617
101 142
104 887
Living cost
31 375
31 375
31 375
31 375
Free-cash
87 400
93 242
69 767
73 512

Estimated living cost  is ₽31375 per week

₽22532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143095
₽144789
₽135435
₽139289
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
4 665
unemployment
-
-
-
126
health
-
-
-
3 625
total
-
-
-
36 541
Employee
20 556
-
181 316
-
pensions

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

1 805
-
2 768
-
health
946
-
1 450
-
accident

We are using the highest rate at 1.1%.

226
-
347
-
income
2 056
-
18 132
-
total
5 033
-
22 697
-
Employer
20 556
-
181 316
-
accident

We are using the highest rate at 1.1%.

226
-
347
-
health
1 418
-
2 175
-
unemployment
123
-
189
-
pensions

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

2 265
-
3 473
-
total
4 032
-
6 184
-
Corporate
162 911
187 500
-
-
income
16 291
18 750
-
-
total
16 291
18 750
-
-
Dividends
146 620
168 750
-
-
withholding
7 331
8 437
-
-
total
7 331
8 437
-
-
Income
187 500
187 500
187 500
187 500
Total tax
32 687
27 187
28 881
36 541
After tax
154 813
160 313
158 619
150 959
Living cost
15 524
15 524
15 524
15 524
Free-cash
139 289
144 789
143 095
135 435

Estimated living cost  is ₽15524 per week

₽10267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3998
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82249
₽61983
₽61299
₽73659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
61 313
trade
-
-
-
20 950
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.

-
-
-
6 099
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.

-
-
-
3 373
total
-
-
-
91 735
Employee

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

44 419
-
187 500
-
surtax

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

202
-
3 373
-
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.

6 099
-
6 099
-
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.

3 653
-
61 313
-
total
9 954
-
70 785
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
143 081
187 500
-
-
income
21 461
28 124
-
-
trade
20 531
26 906
-
-
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
1 547
-
-
chamber of commerce
346
410
-
-
total
43 519
56 987
-
-
Dividends
99 562
130 512
-
-
withholding
24 552
32 289
-
-
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.

1 350
1 775
-
-
total
25 902
34 064
-
-
Income
187 500
187 500
187 500
187 500
Total tax
79 375
91 051
70 785
91 735
After tax
108 125
96 449
116 715
95 765
Living cost
34 466
34 466
34 466
34 466
Free-cash
73 659
61 983
82 249
61 299

Estimated living cost  is ₽34466 per week

₽23776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6482
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44420
₽80397
₽44420
₽82366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
60 244
social contributions
-
-
-
31 982
total
-
-
-
92 226
Employee
69 832
-
187 500
-
income
13 177
-
60 244
-
social contributions
5 802
-
31 982
-
total
18 979
-
92 226
-
Employer
69 832
-
187 500
-
total
-
-
-
-
Corporate
117 668
187 500
-
-
income
14 709
23 437
-
-
total
14 709
23 437
-
-
Dividends
102 959
164 063
-
-
withholding
20 592
32 812
-
-
total
20 592
32 812
-
-
Income
187 500
187 500
187 500
187 500
Total tax
54 280
56 249
92 226
92 226
After tax
133 220
131 251
95 274
95 274
Living cost
50 854
50 854
50 854
50 854
Free-cash
82 366
80 397
44 420
44 420

Estimated living cost  is ₽50854 per week

₽38689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7536
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99062
₽84753
₽121399
₽87872
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 124
health

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

-
-
-
5 570
total
-
-
-
33 694
Employee
40 954
-
183 393
-
income
4 444
-
47 817
-
social contributions
4 103
-
4 107
-
total
8 547
-
51 924
-
Employer
40 954
-
183 393
-
social contributions
4 103
-
4 107
-
total
4 103
-
4 107
-
Corporate
142 443
187 500
-
-
income
49 855
65 624
-
-
total
49 855
65 624
-
-
Dividends
92 588
121 876
-
-
social contributions
4 716
4 716
-
-
total
4 716
4 716
-
-
Income
187 500
187 500
187 500
187 500
Total tax
67 221
70 340
56 031
33 694
After tax
120 279
117 160
131 469
153 806
Living cost
32 407
32 407
32 407
32 407
Free-cash
87 872
84 753
99 062
121 399

Estimated living cost  is ₽32407 per week

₽21346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2555
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71914
₽86178
₽88726
₽91508
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 659
pensions
-
-
-
8 678
total
-
-
-
65 337
Employee
45 897
-
163 524
-
pensions
3 503
-
10 462
-
health
599
-
2 258
-
income
8 358
-
45 452
-
total
12 460
-
58 172
-
Employer
45 897
-
163 524
-
health
872
-
3 107
-
pensions
4 637
-
20 870
-
total
5 509
-
23 977
-
Corporate
136 094
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.

25 858
35 625
-
-
total
25 858
35 625
-
-
Dividends
110 236
151 875
-
-
withholding
18 728
32 260
-
-
total
18 728
32 260
-
-
Income
187 500
187 500
187 500
187 500
Total tax
62 555
67 885
82 149
65 337
After tax
124 945
119 615
105 351
122 163
Living cost
33 437
33 437
33 437
33 437
Free-cash
91 508
86 178
71 914
88 726

Estimated living cost  is ₽33437 per week

₽22937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽81562
-₽6142
₽106738
₽11916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 195
pensions
-
-
-
3 726
other
-
-
-
332
accident
-
-
-
226
health
-
-
-
1 953
total
-
-
-
59 432
Employee
33 554
-
170 606
-
pensions
3 778
-
6 832
-
health
3 842
-
19 535
-
income
4 603
-
41 347
-
total
12 223
-
67 714
-
Employer
33 554
-
170 606
-
accident
560
-
2 849
-
unemployment
822
-
4 180
-
pensions
5 456
-
9 865
-
total
6 838
-
16 894
-
Corporate
147 109
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.

132 398
168 750
-
-
total
132 398
168 750
-
-
Dividends
14 711
18 750
-
-
withholding
2 795
3 562
-
-
total
2 795
3 562
-
-
Income
187 500
187 500
187 500
187 500
Total tax
154 254
172 312
84 608
59 432
After tax
33 246
15 188
102 892
128 068
Living cost
21 330
21 330
21 330
21 330
Free-cash
11 916
-6 142
81 562
106 738

Estimated living cost  is ₽21330 per week

₽15654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124482
₽131396
₽104877
₽128699
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 375
pensions
-
-
-
26 232
unemployment
-
-
-
1 711
health insurance
-
-
-
10 550
work injury
-
-
-
713
total
-
-
-
70 581
Employee

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

19 266
-
187 500
-
unemployment
231
-
855
-
work injury
96
-
356
-
pensions
3 545
-
13 116
-
health insurance
1 426
-
5 275
-
income
1 927
-
31 375
-
total
7 225
-
50 977
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
168 234
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%.

16 823
18 750
-
-
total
16 823
18 750
-
-
Dividends
151 410
168 750
-
-
withholding
22 712
25 312
-
-
total
22 712
25 312
-
-
Income
187 500
187 500
187 500
187 500
Total tax
46 760
44 062
50 977
70 581
After tax
140 740
143 438
136 523
116 919
Living cost
12 042
12 042
12 042
12 042
Free-cash
128 699
131 396
124 482
104 877

Estimated living cost  is ₽12042 per week

₽7460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44336
₽63198
₽51668
₽59136
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
4 458
social contributions
-
-
-
44 681
municipal
-
-
-
1 286
national
-
-
-
49 842
total
-
-
-
100 267
Employee
75 228
-
187 500
-
municipal
449
-
1 160
-
social contributions
25 366
-
58 578
-
regional
1 136
-
3 996
-
national
12 713
-
43 865
-
total
39 664
-
107 599
-
Employer
75 228
-
187 500
-
total
-
-
-
-
Corporate
112 272
187 500
-
-
nationa
26 945
45 000
-
-
municipal
5 411
9 038
-
-
total
32 356
54 038
-
-
Dividends
79 916
133 462
-
-
withholding
20 779
34 699
-
-
total
20 779
34 699
-
-
Income
187 500
187 500
187 500
187 500
Total tax
92 799
88 737
107 599
100 267
After tax
94 701
98 763
79 901
87 233
Living cost
35 565
35 565
35 565
35 565
Free-cash
59 136
63 198
44 336
51 668

Estimated living cost  is ₽35565 per week

₽24982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2446
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.
₽7598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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