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
₽88932
₽66126
₽66268
₽76503
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
187 500
health

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

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

-
-
-
6 406
income

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

-
-
-
60 434
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.

-
-
-
3 324
trade
-
-
-
22 664
total
-
-
-
92 828
Employee

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

35 867
-
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.

55
-
3 324
-
income

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

1 002
-
60 434
-
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.

6 406
-
6 406
-
total
7 463
-
70 164
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
151 633
187 500
-
-
chamber of commerce
359
411
-
-
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.

1 251
1 546
-
-
trade
23 882
29 532
-
-
income
22 744
28 126
-
-
total
48 236
59 615
-
-
Dividends
103 396
127 885
-
-
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.

1 402
1 739
-
-
withholding
25 492
31 616
-
-
total
26 894
33 355
-
-
Income
187 500
187 500
187 500
187 500
Total tax
82 593
92 970
70 164
92 828
After tax
104 907
94 530
117 336
94 672
Living cost
28 404
28 404
28 404
28 404
Free-cash
76 503
66 126
88 932
66 268

Estimated living cost  is ₽28404 per week

₽17867
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60827
₽67762
₽59820
₽66942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
social contributions
-
-
-
2 016
pensions
-
-
-
22 500
national
-
-
-
33 269
municipal
-
-
-
20 657
total
-
-
-
78 442
Employee
76 327
-
162 092
-
municipal
9 428
-
21 383
-
national
14 609
-
34 859
-
pensions
3 053
-
6 484
-
total
27 090
-
62 726
-
Employer
76 327
-
162 092
-
pensions
6 106
-
12 967
-
social contributions
821
-
1 742
-
total
6 927
-
14 709
-
Corporate
99 208
187 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

19 842
37 500
-
-
total
19 842
37 500
-
-
Dividends
79 367
150 000
-
-
withholding
17 461
33 000
-
-
total
17 461
33 000
-
-
Income
187 500
187 500
187 500
187 500
Total tax
71 320
70 500
77 435
78 442
After tax
116 180
117 000
110 065
109 058
Living cost
49 238
49 238
49 238
49 238
Free-cash
66 942
67 762
60 827
59 820

Estimated living cost  is ₽49238 per week

₽33466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60778
₽130490
₽47112
₽122799
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
187 500
social contributions

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

-
-
-
35 929
income
-
-
-
37 137
surtax
-
-
-
47 813
microenterprise
-
-
-
-
total
-
-
-
120 879
Employee
27 401
-
144 664
-
surtax
-
-
20 976
-
social contributions

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

3 015
-
12 293
-
income
4 878
-
31 108
-
total
7 893
-
64 377
-
Employer
27 401
-
144 664
-
surtax
-
-
15 913
-
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.

6 600
-
26 923
-
total
6 600
-
42 836
-
Corporate
153 498
187 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

30 699
37 501
-
-
total
30 699
37 501
-
-
Dividends

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

122 799
149 999
-
-
total
-
-
-
-
Income
187 500
187 500
187 500
187 500
Total tax
45 192
37 501
107 213
120 879
After tax
142 308
149 999
80 287
66 621
Living cost
19 509
19 509
19 509
19 509
Free-cash
122 799
130 490
60 778
47 112

Estimated living cost  is ₽19509 per week

₽12446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80283
₽53878
₽62678
₽48135
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
health
-
-
-
11 564
income
-
-
-
62 987
pensions
-
-
-
10 987
total
-
-
-
85 538
Employee
80 080
80 080
170 073
-
income

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

13 108
13 108
27 955
-
pensions
14 414
10 987
10 987
-
health
12 291
10 455
11 564
-
total
39 813
34 550
50 506
-
Employer
80 080
80 080
170 073
-
unemployment
2 883
2 883
3 582
-
health
5 566
5 566
6 917
-
pensions
5 574
5 574
6 928
-
total
14 023
14 023
17 427
-
Corporate
94 379
93 397
-
-
income
18 876
18 680
-
-
total
18 876
18 680
-
-
Dividends
75 504
74 717
-
-
income
16 044
15 877
-
-
withholding
11 325
11 208
-
-
total
27 369
27 085
-
-
Income
187 500
187 500
187 500
187 500
Total tax
100 081
94 338
67 933
85 538
After tax
87 419
93 162
119 567
101 962
Living cost
39 284
39 284
39 284
39 284
Free-cash
48 135
53 878
80 283
62 678

Estimated living cost  is ₽39284 per week

₽27839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3541
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55669
₽63748
₽56607
₽62880
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
9 837
health
-
-
-
5 282
accident
-
-
-
169
pensions
-
-
-
9 151
national
-
-
-
19 143
unemployment
-
-
-
85
municipal
-
-
-
48 599
total
-
-
-
92 266
Employee
55 039
-
160 901
-
municipal
16 413
-
47 981
-
national
-
-
18 625
-
total
16 413
-
66 606
-
Employer
55 039
-
160 901
-
other
6 396
-
9 837
-
unemployment
1 453
-
2 235
-
health
3 385
-
5 206
-
accident
110
-
169
-
pensions
5 950
-
9 151
-
total
17 294
-
26 598
-
Corporate
115 167
187 500
-
-
income
25 337
41 250
-
-
total
25 337
41 250
-
-
Dividends
89 831
146 250
-
-
withholding
26 949
43 875
-
-
total
26 949
43 875
-
-
Income
187 500
187 500
187 500
187 500
Total tax
85 993
85 125
93 204
92 266
After tax
101 507
102 375
94 296
95 234
Living cost
38 627
38 627
38 627
38 627
Free-cash
62 880
63 748
55 669
56 607

Estimated living cost  is ₽38627 per week

₽25600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80497
₽56728
₽56825
₽69903
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
187 500
health

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

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

-
-
-
6 406
income

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

-
-
-
60 434
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.

-
-
-
3 324
trade
-
-
-
23 672
total
-
-
-
93 836
Employee

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

47 555
-
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.

224
-
3 324
-
income

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

4 086
-
60 434
-
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.

6 406
-
6 406
-
total
10 716
-
70 164
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
139 945
187 500
-
-
chamber of commerce
342
409
-
-
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.

1 155
1 546
-
-
trade
23 020
30 843
-
-
income
20 992
28 126
-
-
total
45 509
60 924
-
-
Dividends
94 436
126 575
-
-
surtax

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

1 280
1 721
-
-
withholding
23 253
31 288
-
-
total
24 533
33 009
-
-
Income
187 500
187 500
187 500
187 500
Total tax
80 758
93 933
70 164
93 836
After tax
106 742
93 567
117 336
93 664
Living cost
36 839
36 839
36 839
36 839
Free-cash
69 903
56 728
80 497
56 825

Estimated living cost  is ₽36839 per week

₽24638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95035
₽106292
₽96622
₽102406
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
social contributions
-
-
-
15 172
health
-
-
-
4 782
income
-
-
-
40 508
total
-
-
-
60 462
Employee
72 108
72 108
176 170
-
social contributions
3 504
5 985
8 072
-
income
7 572
6 675
39 652
-
health
717
1 226
2 995
-
total
11 793
13 886
50 719
-
Employer
72 108
72 108
176 170
-
health
781
1 335
3 258
-
social contributions
3 504
5 985
8 072
-
total
4 285
7 320
11 330
-
Corporate
141 006
108 072
-
-
income
17 626
13 509
-
-
total
17 626
13 509
-
-
Dividends
123 379
94 564
-
-
withholding
20 974
16 077
-
-
total
20 974
16 077
-
-
Income
187 500
187 500
187 500
187 500
Total tax
54 678
50 792
62 049
60 462
After tax
132 822
136 708
125 451
127 038
Living cost
30 416
30 416
30 416
30 416
Free-cash
102 406
106 292
95 035
96 622

Estimated living cost  is ₽30416 per week

₽20792
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91255
₽87848
₽112449
₽88211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
health
-
-
-
13 125
income
-
-
-
22 922
pensions
-
-
-
18 750
unemployment
-
-
-
2 813
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.

25 176
10 020
156 904
-
income
3 078
1 225
19 181
-
pensions
2 518
1 002
15 690
-
health
1 762
701
10 983
-
unemployment
378
150
2 354
-
total
7 736
3 078
48 208
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 176
10 020
156 904
-
pensions
4 909
1 954
30 596
-
total
4 909
1 954
30 596
-
Corporate
157 415
175 526
-
-
income
14 167
15 797
-
-
total
14 167
15 797
-
-
Dividends
143 247
159 729
-
-
social contributions
27 819
31 033
-
-
withholding
27 217
30 349
-
-
total
55 036
61 382
-
-
Income
187 500
187 500
187 500
187 500
Total tax
81 848
82 211
78 804
57 610
After tax
105 652
105 289
108 696
129 890
Living cost
17 441
17 441
17 441
17 441
Free-cash
88 211
87 848
91 255
112 449

Estimated living cost  is ₽17441 per week

₽11902
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85424
₽127349
₽77848
₽121524
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
health
-
-
-
24 375
income
-
-
-
25 126
pensions
-
-
-
37 501
total
-
-
-
87 002
Employee
26 602
-
140 134
-
income
2 995
-
27 017
-
pensions
532
-
2 803
-
unemployment
425
-
2 242
-
total
3 952
-
32 062
-
Employer
26 602
-
140 134
-
unemployment
214
-
1 121
-
health
3 458
-
18 217
-
pensions
5 321
-
28 026
-
total
8 993
-
47 364
-
Corporate
151 905
187 500
-
-
income
30 381
37 501
-
-
total
30 381
37 501
-
-
Dividends
121 525
149 999
-
-
total
-
-
-
-
Income
187 500
187 500
187 500
187 500
Total tax
43 326
37 501
79 426
87 002
After tax
144 174
149 999
108 074
100 498
Living cost
22 650
22 650
22 650
22 650
Free-cash
121 524
127 349
85 424
77 848

Estimated living cost  is ₽22650 per week

₽15536
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5310
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81826
-₽5579
₽107333
₽12003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
350
health
-
-
-
2 059
accident
-
-
-
238
income
-
-
-
52 827
pensions
-
-
-
3 927
total
-
-
-
59 401
Employee
32 666
-
170 093
-
income
4 481
-
40 824
-
pensions
3 678
-
7 201
-
health
3 740
-
19 476
-
total
11 899
-
67 501
-
Employer
32 666
-
170 093
-
unemployment
800
-
4 167
-
accident
545
-
2 841
-
pensions
5 312
-
10 399
-
total
6 657
-
17 407
-
Corporate
148 177
187 500
-
-
income

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

133 359
168 750
-
-
total
133 359
168 750
-
-
Dividends
14 818
18 750
-
-
withholding
2 816
3 563
-
-
total
2 816
3 563
-
-
Income
187 500
187 500
187 500
187 500
Total tax
154 731
172 313
84 908
59 401
After tax
32 769
15 187
102 592
128 099
Living cost
20 766
20 766
20 766
20 766
Free-cash
12 003
-5 579
81 826
107 333

Estimated living cost  is ₽20766 per week

₽15220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142172
₽170297
₽177797
₽168829
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 784
-
187 500
-
income
1 957
-
37 500
-
total
1 957
-
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%.

177 716
187 500
-
-
total
-
-
-
-
Dividends
177 716
187 500
-
-
withholding
8 886
9 375
-
-
total
8 886
9 375
-
-
Income
187 500
187 500
187 500
187 500
Total tax
10 843
9 375
37 500
1 875
After tax
176 657
178 125
150 000
185 625
Living cost
7 828
7 828
7 828
7 828
Free-cash
168 829
170 297
142 172
177 797

Estimated living cost  is ₽7828 per week

₽4851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82548
₽112770
₽84152
₽106435
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
6 773
health
-
-
-
6 275
income
-
-
-
31 089
pensions

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

-
-
-
34 224
total
-
-
-
78 361
Employee
34 049
-
151 494
-
income
5 862
-
30 555
-
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.

2 383
-
9 982
-
health
477
-
1 997
-
unemployment
340
-
1 425
-
total
9 062
-
43 959
-
Employer
34 049
-
151 494
-
other
1 703
-
7 129
-
unemployment
340
-
1 425
-
health
477
-
1 997
-
accident
272
-
1 212
-
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.

5 789
-
24 243
-
total
8 581
-
36 006
-
Corporate
144 870
187 500
-
-
income
30 423
39 374
-
-
total
30 423
39 374
-
-
Dividends
114 447
148 126
-
-
withholding
8 012
10 369
-
-
total
8 012
10 369
-
-
Income
187 500
187 500
187 500
187 500
Total tax
56 078
49 743
79 965
78 361
After tax
131 422
137 757
107 535
109 139
Living cost
24 987
24 987
24 987
24 987
Free-cash
106 435
112 770
82 548
84 152

Estimated living cost  is ₽24987 per week

₽17655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43666
₽58114
₽60504
₽65581
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 152
pensions
-
-
-
8 827
total
-
-
-
64 979
Employee
87 744
-
163 567
-
income
15 817
-
44 929
-
health
1 446
-
2 277
-
pensions
8 465
-
10 679
-
total
25 728
-
57 885
-
Employer
87 744
-
163 567
-
health
1 666
-
3 108
-
pensions
10 360
-
20 824
-
total
12 026
-
23 932
-
Corporate
87 729
187 500
-
-
income

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

16 668
35 624
-
-
total
16 668
35 624
-
-
Dividends
71 060
151 876
-
-
withholding
5 480
31 745
-
-
total
5 480
31 745
-
-
Income
187 500
187 500
187 500
187 500
Total tax
59 902
67 369
81 817
64 979
After tax
127 598
120 131
105 683
122 521
Living cost
62 017
62 017
62 017
62 017
Free-cash
65 581
58 114
43 666
60 504

Estimated living cost  is ₽62017 per week

₽46470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7756
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽146082
₽148101
₽138477
₽143774
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
health
-
-
-
3 741
income
-
-
-
28 125
pensions

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

-
-
-
4 815
unemployment
-
-
-
130
total
-
-
-
36 811
Employee
16 170
-
181 117
-
income
1 617
-
18 111
-
accident

We are using the highest rate at 1.1%.

178
-
358
-
pensions

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

1 420
-
2 857
-
health
744
-
1 497
-
total
3 959
-
22 823
-
Employer
16 170
-
181 117
-
unemployment
97
-
195
-
health
1 116
-
2 245
-
accident

We are using the highest rate at 1.1%.

178
-
358
-
pensions

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

1 782
-
3 585
-
total
3 173
-
6 383
-
Corporate
168 157
187 500
-
-
income
16 815
18 750
-
-
total
16 815
18 750
-
-
Dividends
151 342
168 750
-
-
withholding
7 567
8 437
-
-
total
7 567
8 437
-
-
Income
187 500
187 500
187 500
187 500
Total tax
31 514
27 187
29 206
36 811
After tax
155 986
160 313
158 294
150 689
Living cost
12 212
12 212
12 212
12 212
Free-cash
143 774
148 101
146 082
138 477

Estimated living cost  is ₽12212 per week

₽7129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3887
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67567
₽41162
₽49962
₽43522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
health
-
-
-
11 564
income
-
-
-
62 987
pensions
-
-
-
10 987
total
-
-
-
85 538
Employee
86 941
80 080
170 073
-
income

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

13 108
13 108
27 955
-
pensions
10 987
10 987
10 987
-
health
10 846
10 455
11 564
-
total
34 941
34 550
50 506
-
Employer
86 941
80 080
170 073
-
unemployment
3 130
2 883
3 582
-
health
6 042
5 566
6 917
-
pensions
6 050
5 574
6 928
-
total
15 222
14 023
17 427
-
Corporate
85 337
93 397
-
-
income
17 068
18 680
-
-
total
17 068
18 680
-
-
Dividends
68 269
74 717
-
-
income
14 507
15 877
-
-
withholding
10 240
11 208
-
-
total
24 747
27 085
-
-
Income
187 500
187 500
187 500
187 500
Total tax
91 978
94 338
67 933
85 538
After tax
95 522
93 162
119 567
101 962
Living cost
52 000
52 000
52 000
52 000
Free-cash
43 522
41 162
67 567
49 962

Estimated living cost  is ₽52000 per week

₽38358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8401
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77522
₽105983
₽85427
₽97738
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
social contributions
-
-
-
33 256
health
-
-
-
25 313
income
-
-
-
19 340
solidarity contribution
-
-
-
1 053
total
-
-
-
78 962
Employee
33 987
-
145 897
-
social contributions
2 209
-
7 403
-
solidarity contribution
-
-
344
-
income
4 078
-
17 820
-
health
4 588
-
19 696
-
total
10 875
-
45 263
-
Employer
33 987
-
145 897
-
health
3 059
-
13 131
-
social contributions
8 497
-
28 473
-
total
11 556
-
41 604
-
Corporate
141 958
187 500
-
-
income
26 972
35 625
-
-
total
26 972
35 625
-
-
Dividends
114 986
151 875
-
-
withholding
17 248
22 781
-
-
total
17 248
22 781
-
-
Income
187 500
187 500
187 500
187 500
Total tax
66 651
58 406
86 867
78 962
After tax
120 849
129 094
100 633
108 538
Living cost
23 111
23 111
23 111
23 111
Free-cash
97 738
105 983
77 522
85 427

Estimated living cost  is ₽23111 per week

₽16053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41224
₽60468
₽49324
₽55574
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
social contributions
-
-
-
46 934
national
-
-
-
48 288
regional
-
-
-
2 259
municipal
-
-
-
1 125
total
-
-
-
98 606
Employee
83 341
-
187 500
-
social contributions
28 103
-
61 532
-
municipal
441
-
1 007
-
national
14 441
-
42 161
-
regional
786
-
2 006
-
total
43 771
-
106 706
-
Employer
83 341
-
187 500
-
total
-
-
-
-
Corporate
104 159
187 500
-
-
nationa
24 997
45 000
-
-
municipal
4 063
7 312
-
-
total
29 060
52 312
-
-
Dividends
75 098
135 188
-
-
withholding
19 525
35 150
-
-
total
19 525
35 150
-
-
Income
187 500
187 500
187 500
187 500
Total tax
92 356
87 462
106 706
98 606
After tax
95 144
100 038
80 794
88 894
Living cost
39 570
39 570
39 570
39 570
Free-cash
55 574
60 468
41 224
49 324

Estimated living cost  is ₽39570 per week

₽27583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8784
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62006
₽97246
₽67739
₽94326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
8 885
income
-
-
-
55 848
pensions
-
-
-
25 031
surtax
-
-
-
9 090
unemployment
-
-
-
214
total
-
-
-
99 068
Employee
31 011
-
161 155
-
surtax
101
-
7 967
-
income
5 198
-
50 239
-
other
-
-
-
-
pensions
2 068
-
8 348
-
health
792
-
3 191
-
unemployment
2 159
-
8 711
-
total
10 318
-
78 456
-
Employer
31 011
-
161 155
-
other
-
-
-
-
unemployment
982
-
3 967
-
health
1 411
-
5 695
-
pensions
4 134
-
16 683
-
total
6 527
-
26 345
-
Corporate
149 962
187 500
-
-
income
38 990
48 749
-
-
total
38 990
48 749
-
-
Dividends
110 972
138 751
-
-
withholding
16 646
20 812
-
-
total
16 646
20 812
-
-
Income
187 500
187 500
187 500
187 500
Total tax
72 481
69 561
104 801
99 068
After tax
115 019
117 939
82 699
88 432
Living cost
20 693
20 693
20 693
20 693
Free-cash
94 326
97 246
62 006
67 739

Estimated living cost  is ₽20693 per week

₽12653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63315
₽77763
₽80153
₽83887
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 152
pensions
-
-
-
8 827
total
-
-
-
64 979
Employee
58 804
-
163 567
-
income
10 591
-
44 929
-
health
854
-
2 277
-
pensions
4 991
-
10 679
-
total
16 436
-
57 885
-
Employer
58 804
-
163 567
-
health
1 117
-
3 108
-
pensions
6 366
-
20 824
-
total
7 483
-
23 932
-
Corporate
121 213
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.

23 030
35 624
-
-
total
23 030
35 624
-
-
Dividends
98 183
151 876
-
-
withholding
14 296
31 745
-
-
total
14 296
31 745
-
-
Income
187 500
187 500
187 500
187 500
Total tax
61 245
67 369
81 817
64 979
After tax
126 255
120 131
105 683
122 521
Living cost
42 368
42 368
42 368
42 368
Free-cash
83 887
77 763
63 315
80 153

Estimated living cost  is ₽42368 per week

₽31742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7007
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67129
₽10443
₽75333
₽42659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
health
-
-
-
422
pensions
-
-
-
17 249
city
-
-
-
1 976
national
-
-
-
3 755
regional
-
-
-
9 718
total
-
-
-
36 870
Employee
88 117
-
167 960
-
national
417
-
2 811
-
city
946
-
1 806
-
pensions
7 403
-
13 957
-
health
199
-
377
-
regional
2 885
-
8 430
-
unemployment
-
-
-
-
total
11 850
-
27 381
-
Employer
88 117
-
167 960
-
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.

1 762
-
3 359
-
unemployment
-
-
-
-
health
199
-
377
-
pensions
7 403
-
13 957
-
total
9 364
-
17 693
-
Corporate
89 050
187 500
-
-
regional
18 834
39 657
-
-
national
7 569
15 937
-
-
total
26 403
55 594
-
-
Dividends
62 647
131 906
-
-
withholding
21 927
46 166
-
-
total
21 927
46 166
-
-
Income
187 500
187 500
187 500
187 500
Total tax
69 544
101 760
45 074
36 870
After tax
117 956
85 740
142 426
150 630
Living cost
75 297
75 297
75 297
75 297
Free-cash
42 659
10 443
67 129
75 333

Estimated living cost  is ₽75297 per week

₽48965
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽924
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽74377
₽49642
₽49698
₽64850
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
187 500
health

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

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

-
-
-
6 406
income

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

-
-
-
60 434
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.

-
-
-
3 324
trade
-
-
-
24 679
total
-
-
-
94 843
Employee

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

56 357
-
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.

365
-
3 324
-
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.

6 627
-
60 434
-
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.

6 406
-
6 406
-
total
13 398
-
70 164
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
131 143
187 500
-
-
chamber of commerce
327
406
-
-
surtax

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

1 082
1 546
-
-
trade
22 492
32 157
-
-
income
19 671
28 126
-
-
total
43 572
62 235
-
-
Dividends
87 571
125 265
-
-
surtax

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

1 185
1 703
-
-
withholding
21 536
30 961
-
-
total
22 721
32 664
-
-
Income
187 500
187 500
187 500
187 500
Total tax
79 691
94 899
70 164
94 843
After tax
107 809
92 601
117 336
92 657
Living cost
42 959
42 959
42 959
42 959
Free-cash
64 850
49 642
74 377
49 698

Estimated living cost  is ₽42959 per week

₽31375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68428
₽62417
₽72551
₽67954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
5 812
social contributions
-
-
-
5 342
health
-
-
-
8 626
income
-
-
-
31 779
pensions
-
-
-
31 306
surtax
-
-
-
-
total
-
-
-
82 865
Employee
40 134
-
144 045
-
surtax
-
-
-
-
social contributions
1 144
-
4 105
-
income
2 369
-
28 969
-
pensions
4 538
-
10 460
-
total
8 051
-
43 534
-
Employer
40 134
-
144 045
-
other
1 384
-
5 807
-
unemployment
1 625
-
5 833
-
health
2 810
-
13 853
-
pensions
6 593
-
17 529
-
social contributions
121
-
432
-
total
12 533
-
43 454
-
Corporate
134 832
187 500
-
-
surtax
-
-
-
-
income
37 753
52 500
-
-
total
37 753
52 500
-
-
Dividends
97 079
135 000
-
-
social contributions
16 698
23 220
-
-
surtax
-
-
-
-
withholding
12 427
17 279
-
-
total
29 125
40 499
-
-
Income
187 500
187 500
187 500
187 500
Total tax
87 462
92 999
86 988
82 865
After tax
100 038
94 501
100 512
104 635
Living cost
32 084
32 084
32 084
32 084
Free-cash
67 954
62 417
68 428
72 551

Estimated living cost  is ₽32084 per week

₽20230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71607
₽65596
₽75730
₽70807
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
5 812
social contributions
-
-
-
5 342
health
-
-
-
8 626
income
-
-
-
31 779
pensions
-
-
-
31 306
surtax
-
-
-
-
total
-
-
-
82 865
Employee
35 825
-
144 045
-
surtax
-
-
-
-
social contributions
1 021
-
4 105
-
income
1 847
-
28 969
-
pensions
4 052
-
10 460
-
total
6 920
-
43 534
-
Employer
35 825
-
144 045
-
other
1 237
-
5 807
-
unemployment
1 450
-
5 833
-
health
2 507
-
13 853
-
pensions
5 887
-
17 529
-
social contributions
107
-
432
-
total
11 188
-
43 454
-
Corporate
140 486
187 500
-
-
surtax
-
-
-
-
income
39 337
52 500
-
-
total
39 337
52 500
-
-
Dividends
101 149
135 000
-
-
social contributions
17 397
23 220
-
-
surtax
-
-
-
-
withholding
12 946
17 279
-
-
total
30 343
40 499
-
-
Income
187 500
187 500
187 500
187 500
Total tax
87 788
92 999
86 988
82 865
After tax
99 712
94 501
100 512
104 635
Living cost
28 905
28 905
28 905
28 905
Free-cash
70 807
65 596
71 607
75 730

Estimated living cost  is ₽28905 per week

₽16763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96005
₽94507
₽100527
₽94994
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
social contributions
-
-
-
25 875
health
-
-
-
13 087
income
-
-
-
28 126
total
-
-
-
67 088
Employee
31 795
-
187 500
-
social contributions
4 388
-
25 875
-
income
5 303
-
32 648
-
health
2 219
-
13 087
-
total
11 910
-
71 610
-
Employer
31 795
-
187 500
-
total
-
-
-
-
Corporate
155 705
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%.

7 786
9 375
-
-
total
7 786
9 375
-
-
Dividends
147 919
178 125
-
-
social contributions
20 413
24 581
-
-
withholding
22 187
26 718
-
-
health
10 325
12 434
-
-
total
52 925
63 733
-
-
Income
187 500
187 500
187 500
187 500
Total tax
72 621
73 108
71 610
67 088
After tax
114 879
114 392
115 890
120 412
Living cost
19 885
19 885
19 885
19 885
Free-cash
94 994
94 507
96 005
100 527

Estimated living cost  is ₽19885 per week

₽13308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1226
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.
₽4892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16360
₽70487
₽63253
₽69037
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
health
-
-
-
8 380
income
-
-
-
55 871
chamber of commerce
-
-
-
749
pensions
-
-
-
20 267
surtax
-
-
-
185
unemployment
-
-
-
5 752
total
-
-
-
91 204
Employee
46 864
37 371
152 642
-
income
5 335
2 757
46 128
-
other
468
374
1 096
-
pensions
4 799
3 826
11 218
-
health
1 813
1 447
4 239
-
unemployment
1 406
1 121
3 287
-
total
13 821
9 525
65 968
-
Employer
46 864
37 371
152 642
-
other
2 226
1 774
6 883
-
unemployment
1 406
1 121
3 287
-
health
1 771
1 413
4 141
-
surtax
185
185
185
-
accident
609
486
1 424
-
pensions
5 881
4 691
13 749
-
payroll
1 406
1 121
4 579
-
chamber of commerce
187
149
610
-
total
13 671
10 940
34 858
-
Corporate
126 965
139 189
149 083
-
income

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

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

31 742
34 797
37 271
-
total
31 742
34 797
37 271
-
Dividends
95 223
104 391
-
-
withholding
26 186
28 708
-
-
total
26 186
28 708
-
-
Income
187 500
187 500
187 500
187 500
Total tax
85 420
83 970
138 097
91 204
After tax
102 080
103 530
49 403
96 296
Living cost
33 043
33 043
33 043
33 043
Free-cash
69 037
70 487
16 360
63 253

Estimated living cost  is ₽33043 per week

₽22038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2819
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30577
₽70013
₽47239
₽56558
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
social contributions
-
-
-
23 380
communal

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

-
-
-
9 848
national
-
-
-
72 841
total
-
-
-
106 069
Employee

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

67 078
-
145 225
-
national
20 622
-
53 903
-
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.

5 031
-
10 893
-
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.

3 152
-
6 825
-
communal

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

3 499
-
7 574
-
unemployment

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

584
-
1 263
-
total
32 888
-
80 458
-
Employer

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

67 078
-
145 225
-
unemployment

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

979
-
2 119
-
health

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

4 125
-
8 932
-
surtax
7 606
-
16 468
-
accident

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

872
-
1 888
-
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.

5 944
-
12 866
-
total
19 526
-
42 273
-
Corporate
100 897
187 500
-
-
surtax
404
767
-
-
income
20 180
38 358
-
-
total
20 584
39 125
-
-
Dividends
80 313
148 375
-
-
withholding

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

23 752
44 170
-
-
total
23 752
44 170
-
-
Income
187 500
187 500
187 500
187 500
Total tax
96 750
83 295
122 731
106 069
After tax
90 750
104 205
64 769
81 431
Living cost
34 192
34 192
34 192
34 192
Free-cash
56 558
70 013
30 577
47 239

Estimated living cost  is ₽34192 per week

₽22024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67173
₽90846
₽71108
₽84421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
87
accident
-
-
-
783
income
-
-
-
56 450
pensions
-
-
-
24 597
unemployment
-
-
-
609
total
-
-
-
82 526
Employee
46 679
-
159 791
-
income
9 849
-
53 231
-
other
46
-
87
-
pensions
2 194
-
4 086
-
unemployment
724
-
1 347
-
total
12 813
-
58 751
-
Employer
46 679
-
159 791
-
other
372
-
696
-
unemployment
2 568
-
4 780
-
accident
924
-
1 721
-
pensions
11 015
-
20 513
-
total
14 879
-
27 710
-
Corporate
125 942
187 500
-
-
income

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

18 892
28 126
-
-
total
18 892
28 126
-
-
Dividends
107 051
159 374
-
-
withholding
22 629
34 662
-
-
total
22 629
34 662
-
-
Income
187 500
187 500
187 500
187 500
Total tax
69 213
62 788
86 461
82 526
After tax
118 287
124 712
101 039
104 974
Living cost
33 866
33 866
33 866
33 866
Free-cash
84 421
90 846
67 173
71 108

Estimated living cost  is ₽33866 per week

₽24939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46720
₽57022
₽39242
₽44382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
health
-
-
-
13 174
accident
-
-
-
1 580
income
-
-
-
33 293
pensions
-
-
-
28 105
communal
-
-
-
11 850
surtax
-
-
-
9 295
total
-
-
-
97 297
Employee
71 015
-
167 487
-
surtax
4 353
-
10 264
-
income
6 859
-
38 692
-
pensions
5 680
-
13 398
-
health
3 160
-
7 453
-
total
20 052
-
69 807
-
Employer
71 015
-
167 487
-
health
2 166
-
5 107
-
accident
639
-
1 507
-
pensions
5 680
-
13 398
-
total
8 485
-
20 012
-
Corporate
108 000
187 500
-
-
surtax
1 134
1 968
-
-
income
16 199
28 126
-
-
communal
7 291
12 656
-
-
total
24 624
42 750
-
-
Dividends
83 376
144 750
-
-
income
26 489
15 055
-
-
withholding
12 507
21 712
-
-
total
38 996
36 767
-
-
Income
187 500
187 500
187 500
187 500
Total tax
92 157
79 517
89 819
97 297
After tax
95 343
107 983
97 681
90 203
Living cost
50 961
50 961
50 961
50 961
Free-cash
44 382
57 022
46 720
39 242

Estimated living cost  is ₽50961 per week

₽38228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61636
₽96876
₽67369
₽93893
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
8 885
income
-
-
-
55 848
pensions
-
-
-
25 031
surtax
-
-
-
9 090
unemployment
-
-
-
214
total
-
-
-
99 068
Employee
31 580
-
161 155
-
surtax
112
-
7 967
-
income
5 294
-
50 239
-
other
-
-
-
-
pensions
2 107
-
8 348
-
health
806
-
3 191
-
unemployment
2 198
-
8 711
-
total
10 517
-
78 456
-
Employer
31 580
-
161 155
-
other
-
-
-
-
unemployment
1 002
-
3 967
-
health
1 436
-
5 695
-
pensions
4 210
-
16 683
-
total
6 648
-
26 345
-
Corporate
149 272
187 500
-
-
income
38 810
48 749
-
-
total
38 810
48 749
-
-
Dividends
110 461
138 751
-
-
withholding
16 569
20 812
-
-
total
16 569
20 812
-
-
Income
187 500
187 500
187 500
187 500
Total tax
72 544
69 561
104 801
99 068
After tax
114 956
117 939
82 699
88 432
Living cost
21 063
21 063
21 063
21 063
Free-cash
93 893
96 876
61 636
67 369

Estimated living cost  is ₽21063 per week

₽12717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54983
₽73292
₽63038
₽71210
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
social contributions
-
-
-
46 934
national
-
-
-
48 288
regional
-
-
-
2 854
municipal
-
-
-
1 125
total
-
-
-
99 201
Employee
52 018
-
187 500
-
social contributions
17 541
-
61 532
-
municipal
276
-
1 007
-
national
8 241
-
42 161
-
regional
700
-
2 556
-
total
26 758
-
107 256
-
Employer
52 018
-
187 500
-
total
-
-
-
-
Corporate
135 482
187 500
-
-
nationa
32 516
45 000
-
-
municipal
6 734
9 320
-
-
total
39 250
54 320
-
-
Dividends
96 232
133 181
-
-
withholding
25 021
34 627
-
-
total
25 021
34 627
-
-
Income
187 500
187 500
187 500
187 500
Total tax
91 029
88 947
107 256
99 201
After tax
96 471
98 553
80 244
88 299
Living cost
25 261
25 261
25 261
25 261
Free-cash
71 210
73 292
54 983
63 038

Estimated living cost  is ₽25261 per week

₽15710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2559
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72154
₽100615
₽80059
₽90455
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
social contributions
-
-
-
33 256
health
-
-
-
25 313
income
-
-
-
19 340
solidarity contribution
-
-
-
1 053
total
-
-
-
78 962
Employee
41 881
-
145 897
-
social contributions
2 722
-
7 403
-
solidarity contribution
-
-
344
-
income
5 026
-
17 820
-
health
5 654
-
19 696
-
total
13 402
-
45 263
-
Employer
41 881
-
145 897
-
health
3 769
-
13 131
-
social contributions
10 470
-
28 473
-
total
14 239
-
41 604
-
Corporate
131 380
187 500
-
-
income
24 962
35 625
-
-
total
24 962
35 625
-
-
Dividends
106 418
151 875
-
-
withholding
15 963
22 781
-
-
total
15 963
22 781
-
-
Income
187 500
187 500
187 500
187 500
Total tax
68 566
58 406
86 867
78 962
After tax
118 934
129 094
100 633
108 538
Living cost
28 479
28 479
28 479
28 479
Free-cash
90 455
100 615
72 154
80 059

Estimated living cost  is ₽28479 per week

₽21179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19533
₽73713
₽66563
₽73247
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
health
-
-
-
8 380
income
-
-
-
55 871
chamber of commerce
-
-
-
749
pensions
-
-
-
20 267
surtax
-
-
-
-
unemployment
-
-
-
5 752
total
-
-
-
91 019
Employee
40 992
37 371
152 815
-
income
3 652
2 757
46 210
-
other
409
374
1 096
-
pensions
4 198
3 826
11 218
-
health
1 586
1 447
4 239
-
unemployment
1 230
1 121
3 287
-
total
11 075
9 525
66 050
-
Employer
40 992
37 371
152 815
-
other
1 947
1 774
6 890
-
unemployment
1 230
1 121
3 287
-
health
1 550
1 413
4 141
-
surtax
-
-
-
-
accident
532
486
1 424
-
pensions
5 145
4 691
13 749
-
payroll
1 230
1 121
4 584
-
chamber of commerce
164
149
610
-
total
11 798
10 755
34 685
-
Corporate
134 712
139 374
149 256
-
income

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

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

33 678
34 844
37 314
-
total
33 678
34 844
37 314
-
Dividends
101 034
104 530
-
-
withholding
27 784
28 745
-
-
total
27 784
28 745
-
-
Income
187 500
187 500
187 500
187 500
Total tax
84 335
83 869
138 049
91 019
After tax
103 165
103 631
49 451
96 481
Living cost
29 918
29 918
29 918
29 918
Free-cash
73 247
73 713
19 533
66 563

Estimated living cost  is ₽29918 per week

₽17947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137802
₽165927
₽173427
₽163640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
187 500
microenterprise

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

-
-
-
1 875
total
-
-
-
1 875
Employee
15 248
-
187 500
-
income
3 050
-
37 500
-
total
3 050
-
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%.

172 252
187 500
-
-
total
-
-
-
-
Dividends
172 252
187 500
-
-
withholding
8 612
9 375
-
-
total
8 612
9 375
-
-
Income
187 500
187 500
187 500
187 500
Total tax
11 662
9 375
37 500
1 875
After tax
175 838
178 125
150 000
185 625
Living cost
12 198
12 198
12 198
12 198
Free-cash
163 640
165 927
137 802
173 427

Estimated living cost  is ₽12198 per week

₽8255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60301
₽103940
₽64374
₽96097
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
187 500
health
-
-
-
18 450
income
-
-
-
45 000
pensions
-
-
-
34 242
unemployment
-
-
-
281
total
-
-
-
97 973
Employee

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

41 468
-
162 239
-
income
7 151
-
40 931
-
pensions
6 428
-
25 147
-
health
2 678
-
10 480
-
unemployment
59
-
228
-
total
16 316
-
76 786
-
Employer

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

41 468
-
162 239
-
unemployment
25
-
98
-
health
2 762
-
10 805
-
pensions
3 669
-
14 357
-
total
6 456
-
25 260
-
Corporate
139 576
187 500
-
-
income
26 519
35 625
-
-
total
26 519
35 625
-
-
Dividends
113 057
151 875
-
-
withholding
16 959
22 782
-
-
total
16 959
22 782
-
-
Income
187 500
187 500
187 500
187 500
Total tax
66 250
58 407
102 046
97 973
After tax
121 250
129 093
85 454
89 527
Living cost
25 153
25 153
25 153
25 153
Free-cash
96 097
103 940
60 301
64 374

Estimated living cost  is ₽25153 per week

₽17262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132340
₽71803
₽87306
₽25204
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
social contributions
-
-
-
21 375
income
-
-
-
36 547
total
-
-
-
57 922
Employee
60 612
-
-
-
social contributions
4 970
-
708
-
income
13 370
-
-
-
total
18 340
-
708
-
Employer
60 612
-
-
-
social contributions
85 463
-
12 180
-
total
85 463
-
12 180
-
Corporate
41 425
187 500
-
-
income
9 113
41 250
-
-
total
9 113
41 250
-
-
Dividends
32 311
146 250
-
-
income
7 108
32 175
-
-
total
7 108
32 175
-
-
Income
187 500
187 500
187 500
187 500
Total tax
120 024
73 425
12 888
57 922
After tax
67 476
114 075
174 612
129 578
Living cost
42 272
42 272
42 272
42 272
Free-cash
25 204
71 803
132 340
87 306

Estimated living cost  is ₽42272 per week

₽27428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10330
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55354
₽77238
₽69568
₽76292
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
187 500
social contributions

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

-
-
-
65 157
income
-
-
-
23 361
surtax
-
-
-
-
total
-
-
-
88 518
Employee
43 129
-
151 516
-
surtax
-
-
-
-
social contributions
4 744
-
16 667
-
income
8 971
-
50 081
-
total
13 715
-
66 748
-
Employer
43 129
-
151 516
-
social contributions
10 243
-
35 984
-
total
10 243
-
35 984
-
Corporate
134 128
187 500
-
-
surtax
-
-
-
-
income
28 167
39 374
-
-
total
28 167
39 374
-
-
Dividends
105 961
148 126
-
-
withholding
29 669
41 474
-
-
total
29 669
41 474
-
-
Income
187 500
187 500
187 500
187 500
Total tax
81 794
80 848
102 732
88 518
After tax
105 706
106 652
84 768
98 982
Living cost
29 414
29 414
29 414
29 414
Free-cash
76 292
77 238
55 354
69 568

Estimated living cost  is ₽29414 per week

₽22008
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55220
₽49209
₽59343
₽55654
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
5 812
social contributions
-
-
-
5 342
health
-
-
-
8 626
income
-
-
-
31 779
pensions
-
-
-
31 306
surtax
-
-
-
-
total
-
-
-
82 865
Employee
58 733
-
144 045
-
surtax
-
-
-
-
social contributions
1 673
-
4 105
-
income
5 125
-
28 969
-
pensions
6 643
-
10 460
-
total
13 441
-
43 534
-
Employer
58 733
-
144 045
-
other
2 027
-
5 807
-
unemployment
2 379
-
5 833
-
health
4 111
-
13 853
-
pensions
9 651
-
17 529
-
social contributions
176
-
432
-
total
18 344
-
43 454
-
Corporate
110 423
187 500
-
-
surtax
-
-
-
-
income
30 918
52 500
-
-
total
30 918
52 500
-
-
Dividends
79 505
135 000
-
-
social contributions
13 674
23 220
-
-
surtax
-
-
-
-
withholding
10 177
17 279
-
-
total
23 851
40 499
-
-
Income
187 500
187 500
187 500
187 500
Total tax
86 554
92 999
86 988
82 865
After tax
100 946
94 501
100 512
104 635
Living cost
45 292
45 292
45 292
45 292
Free-cash
55 654
49 209
55 220
59 343

Estimated living cost  is ₽45292 per week

₽30653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3705
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114113
₽140563
₽109132
₽137411
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
income
-
-
-
8 930
social contributions
-
-
-
41 250
total
-
-
-
50 180
Employee
30 148
-
162 337
-
income
-
-
9 483
-
social contributions
1 959
-
10 553
-
total
1 959
-
20 036
-
Employer
30 148
-
162 337
-
social contributions
4 673
-
25 163
-
total
4 673
-
25 163
-
Corporate
152 679
187 500
-
-
income
15 269
18 749
-
-
total
15 269
18 749
-
-
Dividends
137 411
168 751
-
-
total
-
-
-
-
Income
187 500
187 500
187 500
187 500
Total tax
21 901
18 749
45 199
50 180
After tax
165 599
168 751
142 301
137 320
Living cost
28 188
28 188
28 188
28 188
Free-cash
137 411
140 563
114 113
109 132

Estimated living cost  is ₽28188 per week

₽18226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16459
-₽16459
₽64193
-₽16459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
14 935
pensions
-
-
-
811
national
-
-
-
22 748
municipal
-
-
-
39 729
total
-
-
-
78 223
Employee
190 287
190 287
190 287
-
labour market
15 201
15 201
15 201
-
municipal
40 521
40 521
40 521
-
national
23 247
23 247
23 247
-
pensions
270
270
270
-
total
79 239
79 239
79 239
-
Employer
190 287
190 287
190 287
-
national
23 287
23 287
23 287
-
labour market
15 223
15 223
15 223
-
pensions
541
541
541
-
municipal
40 585
40 585
40 585
-
total
79 636
79 636
79 636
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
187 500
187 500
187 500
187 500
Total tax
158 875
158 875
158 875
78 223
After tax
28 625
28 625
28 625
109 277
Living cost
45 084
45 084
45 084
45 084
Free-cash
-16 459
-16 459
-16 459
64 193

Estimated living cost  is ₽45084 per week

₽30856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3988
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽693
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82133
-₽5272
₽107640
₽12051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
350
health
-
-
-
2 059
accident
-
-
-
238
income
-
-
-
52 827
pensions
-
-
-
3 927
total
-
-
-
59 401
Employee
32 184
-
170 093
-
income
4 415
-
40 824
-
pensions
3 624
-
7 201
-
health
3 685
-
19 476
-
total
11 724
-
67 501
-
Employer
32 184
-
170 093
-
unemployment
789
-
4 167
-
accident
537
-
2 841
-
pensions
5 233
-
10 399
-
total
6 559
-
17 407
-
Corporate
148 757
187 500
-
-
income

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

133 881
168 750
-
-
total
133 881
168 750
-
-
Dividends
14 876
18 750
-
-
withholding
2 826
3 563
-
-
total
2 826
3 563
-
-
Income
187 500
187 500
187 500
187 500
Total tax
154 990
172 313
84 908
59 401
After tax
32 510
15 187
102 592
128 099
Living cost
20 459
20 459
20 459
20 459
Free-cash
12 051
-5 272
82 133
107 640

Estimated living cost  is ₽20459 per week

₽14892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60214
₽80101
₽81689
₽82995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 497
national
-
-
-
34 010
municipal
-
-
-
33 301
total
-
-
-
69 808
Employee
49 337
-
157 733
-
municipal
8 081
-
25 683
-
national
815
-
20 784
-
pensions
3 330
-
10 647
-
health
368
-
2 038
-
unemployment
740
-
2 367
-
total
13 334
-
61 519
-
Employer
49 337
-
157 733
-
unemployment
320
-
1 025
-
health
379
-
1 215
-
accident
50
-
158
-
pensions
8 560
-
27 366
-
total
9 309
-
29 764
-
Corporate
128 854
187 500
-
-
income
25 772
37 501
-
-
total
25 772
37 501
-
-
Dividends

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

77 312
112 500
-
-
national
6 171
13 645
-
-
municipal
13 916
20 250
-
-
total
20 087
33 895
-
-
Income
187 500
187 500
187 500
187 500
Total tax
68 502
71 396
91 283
69 808
After tax
118 998
116 104
96 217
117 692
Living cost
36 003
36 003
36 003
36 003
Free-cash
82 995
80 101
60 214
81 689

Estimated living cost  is ₽36003 per week

₽23517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103740
₽114997
₽105327
₽109897
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
social contributions
-
-
-
15 172
health
-
-
-
4 782
income
-
-
-
40 508
total
-
-
-
60 462
Employee
72 108
72 108
176 170
-
social contributions
2 726
5 985
8 072
-
income
7 851
6 675
39 652
-
health
559
1 226
2 995
-
total
11 136
13 886
50 719
-
Employer
72 108
72 108
176 170
-
health
607
1 335
3 258
-
social contributions
2 726
5 985
8 072
-
total
3 333
7 320
11 330
-
Corporate
151 319
108 072
-
-
income
18 915
13 509
-
-
total
18 915
13 509
-
-
Dividends
132 404
94 564
-
-
withholding
22 508
16 077
-
-
total
22 508
16 077
-
-
Income
187 500
187 500
187 500
187 500
Total tax
55 892
50 792
62 049
60 462
After tax
131 608
136 708
125 451
127 038
Living cost
21 711
21 711
21 711
21 711
Free-cash
109 897
114 997
103 740
105 327

Estimated living cost  is ₽21711 per week

₽13012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2130
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125155
₽140379
₽143963
₽135609
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
187 500
health
-
-
-
3 394
income
-
-
-
19 262
pensions
-
-
-
5 965
unemployment
-
-
-
27
total
-
-
-
28 648
Employee

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

21 525
-
178 335
-
income
1 472
-
16 936
-
pensions
3 228
-
13 347
-
health
1 829
-
7 563
-
unemployment
107
-
445
-
total
6 636
-
38 291
-
Employer

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

21 525
-
178 335
-
unemployment
107
-
445
-
health
925
-
3 826
-
pensions
1 183
-
4 894
-
total
2 215
-
9 165
-
Corporate
163 760
187 500
-
-
income
14 738
16 876
-
-
total
14 738
16 876
-
-
Dividends
149 022
170 624
-
-
withholding
13 413
15 356
-
-
total
13 413
15 356
-
-
Income
187 500
187 500
187 500
187 500
Total tax
37 002
32 232
47 456
28 648
After tax
150 498
155 268
140 044
158 852
Living cost
14 889
14 889
14 889
14 889
Free-cash
135 609
140 379
125 155
143 963

Estimated living cost  is ₽14889 per week

₽9499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75252
₽98925
₽79187
₽94783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
87
accident
-
-
-
783
income
-
-
-
56 450
pensions
-
-
-
24 597
unemployment
-
-
-
609
total
-
-
-
82 526
Employee
34 674
-
159 791
-
income
6 685
-
53 231
-
other
34
-
87
-
pensions
1 630
-
4 086
-
unemployment
537
-
1 347
-
total
8 886
-
58 751
-
Employer
34 674
-
159 791
-
other
278
-
696
-
unemployment
1 908
-
4 780
-
accident
687
-
1 721
-
pensions
8 182
-
20 513
-
total
11 055
-
27 710
-
Corporate
141 771
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.

21 266
28 126
-
-
total
21 266
28 126
-
-
Dividends
120 506
159 374
-
-
withholding
25 723
34 662
-
-
total
25 723
34 662
-
-
Income
187 500
187 500
187 500
187 500
Total tax
66 930
62 788
86 461
82 526
After tax
120 570
124 712
101 039
104 974
Living cost
25 787
25 787
25 787
25 787
Free-cash
94 783
98 925
75 252
79 187

Estimated living cost  is ₽25787 per week

₽17406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118994
₽115262
₽119116
₽114978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
health
-
-
-
919
income
-
-
-
64 459
pensions
-
-
-
1 268
total
-
-
-
66 646
Employee
2 647
-
186 074
-
income
512
-
64 392
-
pensions
238
-
570
-
health
132
-
317
-
unemployment
26
-
63
-
total
908
-
65 342
-
Employer
2 647
-
186 074
-
unemployment
53
-
127
-
health
251
-
602
-
pensions
291
-
697
-
total
595
-
1 426
-
Corporate
184 258
187 500
-
-
income
40 537
41 250
-
-
total
40 537
41 250
-
-
Dividends
143 721
146 250
-
-
withholding
28 744
29 250
-
-
total
28 744
29 250
-
-
Income
187 500
187 500
187 500
187 500
Total tax
70 784
70 500
66 768
66 646
After tax
116 716
117 000
120 732
120 854
Living cost
1 738
1 738
1 738
1 738
Free-cash
114 978
115 262
118 994
119 116

Estimated living cost  is ₽1738 per week

₽1033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102197
₽119281
₽102198
₽114676
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
187 500
health
-
-
-
7 125
income
-
-
-
42 965
pensions
-
-
-
17 986
unemployment
-
-
-
1 038
total
-
-
-
69 114
Employee

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

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

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

24 410
-
175 118
-
income
3 365
-
42 965
-
pensions
3 417
-
9 685
-
health
1 257
-
3 563
-
unemployment
183
-
519
-
total
8 222
-
56 732
-
Employer

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

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

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

24 410
-
175 118
-
unemployment
183
-
519
-
health
1 257
-
3 563
-
pensions
2 929
-
8 301
-
total
4 369
-
12 383
-
Corporate
158 721
187 500
-
-
income
23 808
28 125
-
-
total
23 808
28 125
-
-
Dividends
134 913
159 375
-
-
withholding
20 237
23 906
-
-
total
20 237
23 906
-
-
Income
187 500
187 500
187 500
187 500
Total tax
56 636
52 031
69 115
69 114
After tax
130 864
135 469
118 385
118 386
Living cost
16 188
16 188
16 188
16 188
Free-cash
114 676
119 281
102 197
102 198

Estimated living cost  is ₽16188 per week

₽10899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1252
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.
₽3568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59487
₽81371
₽73701
₽81032
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
187 500
social contributions

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

-
-
-
65 157
income
-
-
-
23 361
surtax
-
-
-
-
total
-
-
-
88 518
Employee
36 396
-
151 516
-
surtax
-
-
-
-
social contributions
4 004
-
16 667
-
income
7 112
-
50 081
-
total
11 116
-
66 748
-
Employer
36 396
-
151 516
-
social contributions
8 643
-
35 984
-
total
8 643
-
35 984
-
Corporate
142 461
187 500
-
-
surtax
-
-
-
-
income
29 916
39 374
-
-
total
29 916
39 374
-
-
Dividends
112 544
148 126
-
-
withholding
31 512
41 474
-
-
total
31 512
41 474
-
-
Income
187 500
187 500
187 500
187 500
Total tax
81 187
80 848
102 732
88 518
After tax
106 313
106 652
84 768
98 982
Living cost
25 281
25 281
25 281
25 281
Free-cash
81 032
81 371
59 487
73 701

Estimated living cost  is ₽25281 per week

₽17906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68082
₽91755
₽72017
₽85619
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
87
accident
-
-
-
783
income
-
-
-
56 450
pensions
-
-
-
24 597
unemployment
-
-
-
609
total
-
-
-
82 526
Employee
45 289
-
159 791
-
income
9 459
-
53 231
-
other
44
-
87
-
pensions
2 128
-
4 086
-
unemployment
701
-
1 347
-
total
12 332
-
58 751
-
Employer
45 289
-
159 791
-
other
363
-
696
-
unemployment
2 491
-
4 780
-
accident
897
-
1 721
-
pensions
10 688
-
20 513
-
total
14 439
-
27 710
-
Corporate
127 772
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.

19 166
28 126
-
-
total
19 166
28 126
-
-
Dividends
108 606
159 374
-
-
withholding
22 987
34 662
-
-
total
22 987
34 662
-
-
Income
187 500
187 500
187 500
187 500
Total tax
68 924
62 788
86 461
82 526
After tax
118 576
124 712
101 039
104 974
Living cost
32 957
32 957
32 957
32 957
Free-cash
85 619
91 755
68 082
72 017

Estimated living cost  is ₽32957 per week

₽23668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
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.
₽6262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142272
₽144291
₽134667
₽138613
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
health
-
-
-
3 741
income
-
-
-
28 125
pensions

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

-
-
-
4 815
unemployment
-
-
-
130
total
-
-
-
36 811
Employee
21 216
-
181 117
-
income
2 122
-
18 111
-
accident

We are using the highest rate at 1.1%.

233
-
358
-
pensions

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

1 863
-
2 857
-
health
976
-
1 497
-
total
5 194
-
22 823
-
Employer
21 216
-
181 117
-
unemployment
127
-
195
-
health
1 464
-
2 245
-
accident

We are using the highest rate at 1.1%.

233
-
358
-
pensions

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

2 338
-
3 585
-
total
4 162
-
6 383
-
Corporate
162 122
187 500
-
-
income
16 213
18 750
-
-
total
16 213
18 750
-
-
Dividends
145 909
168 750
-
-
withholding
7 296
8 437
-
-
total
7 296
8 437
-
-
Income
187 500
187 500
187 500
187 500
Total tax
32 865
27 187
29 206
36 811
After tax
154 635
160 313
158 294
150 689
Living cost
16 022
16 022
16 022
16 022
Free-cash
138 613
144 291
142 272
134 667

Estimated living cost  is ₽16022 per week

₽10597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81132
₽60257
₽60482
₽72524
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
187 500
health

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

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

-
-
-
6 406
income

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

-
-
-
60 434
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.

-
-
-
3 324
trade
-
-
-
20 650
total
-
-
-
90 814
Employee

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

46 659
-
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.

212
-
3 324
-
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.

3 837
-
60 434
-
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.

6 406
-
6 406
-
total
10 455
-
70 164
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
140 841
187 500
-
-
chamber of commerce
349
416
-
-
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.

1 162
1 546
-
-
trade
20 210
26 907
-
-
income
21 127
28 126
-
-
total
42 848
56 995
-
-
Dividends
97 993
130 504
-
-
surtax

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

1 328
1 774
-
-
withholding
24 141
32 270
-
-
total
25 469
34 044
-
-
Income
187 500
187 500
187 500
187 500
Total tax
78 772
91 039
70 164
90 814
After tax
108 728
96 461
117 336
96 686
Living cost
36 204
36 204
36 204
36 204
Free-cash
72 524
60 257
81 132
60 482

Estimated living cost  is ₽36204 per week

₽24974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3895
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42783
₽77832
₽42783
₽79903
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
income
-
-
-
59 499
social contributions
-
-
-
31 800
total
-
-
-
91 299
Employee
73 353
-
187 500
-
income
13 841
-
59 499
-
social contributions
6 094
-
31 800
-
total
19 935
-
91 299
-
Employer
73 353
-
187 500
-
total
-
-
-
-
Corporate
114 147
187 500
-
-
income
14 268
23 437
-
-
total
14 268
23 437
-
-
Dividends
99 879
164 063
-
-
withholding
19 976
32 813
-
-
total
19 976
32 813
-
-
Income
187 500
187 500
187 500
187 500
Total tax
54 179
56 250
91 299
91 299
After tax
133 321
131 250
96 201
96 201
Living cost
53 418
53 418
53 418
53 418
Free-cash
79 903
77 832
42 783
42 783

Estimated living cost  is ₽53418 per week

₽40640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97913
₽82880
₽119521
₽86156
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 126
health

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

-
-
-
5 812
total
-
-
-
33 938
Employee
43 018
-
183 186
-
income
4 668
-
46 918
-
social contributions
4 310
-
4 314
-
total
8 978
-
51 232
-
Employer
43 018
-
183 186
-
social contributions
4 310
-
4 314
-
total
4 310
-
4 314
-
Corporate
140 172
187 500
-
-
income
49 061
65 625
-
-
total
49 061
65 625
-
-
Dividends
91 111
121 875
-
-
social contributions
4 954
4 954
-
-
total
4 954
4 954
-
-
Income
187 500
187 500
187 500
187 500
Total tax
67 303
70 579
55 546
33 938
After tax
120 197
116 921
131 954
153 562
Living cost
34 041
34 041
34 041
34 041
Free-cash
86 156
82 880
97 913
119 521

Estimated living cost  is ₽34041 per week

₽22422
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.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8412
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71239
₽85687
₽88077
₽91175
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 152
pensions
-
-
-
8 827
total
-
-
-
64 979
Employee
47 279
-
163 567
-
income
8 610
-
44 929
-
health
617
-
2 277
-
pensions
3 609
-
10 679
-
total
12 836
-
57 885
-
Employer
47 279
-
163 567
-
health
899
-
3 108
-
pensions
4 777
-
20 824
-
total
5 676
-
23 932
-
Corporate
134 545
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.

25 564
35 624
-
-
total
25 564
35 624
-
-
Dividends
108 981
151 876
-
-
withholding
17 805
31 745
-
-
total
17 805
31 745
-
-
Income
187 500
187 500
187 500
187 500
Total tax
61 881
67 369
81 817
64 979
After tax
125 619
120 131
105 683
122 521
Living cost
34 444
34 444
34 444
34 444
Free-cash
91 175
85 687
71 239
88 077

Estimated living cost  is ₽34444 per week

₽23628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽80107
-₽7298
₽105614
₽11738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
350
health
-
-
-
2 059
accident
-
-
-
238
income
-
-
-
52 827
pensions
-
-
-
3 927
total
-
-
-
59 401
Employee
35 370
-
170 093
-
income
4 852
-
40 824
-
pensions
3 983
-
7 201
-
health
4 050
-
19 476
-
total
12 885
-
67 501
-
Employer
35 370
-
170 093
-
unemployment
866
-
4 167
-
accident
591
-
2 841
-
pensions
5 751
-
10 399
-
total
7 208
-
17 407
-
Corporate
144 922
187 500
-
-
income

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

130 430
168 750
-
-
total
130 430
168 750
-
-
Dividends
14 492
18 750
-
-
withholding
2 754
3 563
-
-
total
2 754
3 563
-
-
Income
187 500
187 500
187 500
187 500
Total tax
153 277
172 313
84 908
59 401
After tax
34 223
15 187
102 592
128 099
Living cost
22 485
22 485
22 485
22 485
Free-cash
11 738
-7 298
80 107
105 614

Estimated living cost  is ₽22485 per week

₽16501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123004
₽130789
₽102412
₽140750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 255
health insurance
-
-
-
11 082
work injury
-
-
-
749
pensions
-
-
-
27 556
unemployment
-
-
-
1 797
total
-
-
-
72 439
Employee

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

20 239
-
187 500
-
income
2 024
-
31 255
-
work injury
101
-
374
-
health insurance
1 498
-
5 541
-
pensions
3 724
-
13 778
-
unemployment
243
-
899
-
total
7 590
-
51 847
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
167 261
187 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

1 673
18 750
-
-
total
1 673
18 750
-
-
Dividends
165 588
168 750
-
-
withholding
24 838
25 312
-
-
total
24 838
25 312
-
-
Income
187 500
187 500
187 500
187 500
Total tax
34 101
44 062
51 847
72 439
After tax
153 399
143 438
135 653
115 061
Living cost
12 649
12 649
12 649
12 649
Free-cash
140 750
130 789
123 004
102 412

Estimated living cost  is ₽12649 per week

₽7836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3499
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41426
₽61404
₽49287
₽57138
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
social contributions
-
-
-
46 934
national
-
-
-
48 288
regional
-
-
-
4 368
municipal
-
-
-
1 265
total
-
-
-
100 855
Employee
79 021
-
187 500
-
social contributions
26 645
-
61 532
-
municipal
472
-
1 134
-
national
13 354
-
42 161
-
regional
1 193
-
3 889
-
total
41 664
-
108 716
-
Employer
79 021
-
187 500
-
total
-
-
-
-
Corporate
108 479
187 500
-
-
nationa
26 035
45 000
-
-
municipal
5 228
9 038
-
-
total
31 263
54 038
-
-
Dividends
77 216
133 462
-
-
withholding
20 077
34 700
-
-
total
20 077
34 700
-
-
Income
187 500
187 500
187 500
187 500
Total tax
93 004
88 738
108 716
100 855
After tax
94 496
98 762
78 784
86 645
Living cost
37 358
37 358
37 358
37 358
Free-cash
57 138
61 404
41 426
49 287

Estimated living cost  is ₽37358 per week

₽26241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7981
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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