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
₽89015
₽66279
₽66314
₽76595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
187 500
surtax

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

-
-
-
3 329
trade
-
-
-
22 701
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.

-
-
-
60 532
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.

-
-
-
6 372
total
-
-
-
92 934
Employee

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

35 675
-
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.

6 372
-
6 372
-
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
-
3 329
-
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.

997
-
60 532
-
total
7 424
-
70 233
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
151 825
187 500
-
-
chamber of commerce
359
411
-
-
trade
23 913
29 531
-
-
surtax

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

1 253
1 547
-
-
income
22 773
28 126
-
-
total
48 298
59 615
-
-
Dividends
103 526
127 885
-
-
withholding
25 527
31 616
-
-
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.

1 404
1 738
-
-
total
26 931
33 354
-
-
Income
187 500
187 500
187 500
187 500
Total tax
82 653
92 969
70 233
92 934
After tax
104 847
94 531
117 267
94 566
Living cost
28 252
28 252
28 252
28 252
Free-cash
76 595
66 279
89 015
66 314

Estimated living cost  is ₽28252 per week

₽17771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60489
₽67263
₽59482
₽66436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
municipal
-
-
-
20 644
social contributions
-
-
-
2 016
national
-
-
-
33 121
pensions
-
-
-
22 500
total
-
-
-
78 281
Employee
77 101
-
162 092
-
pensions
3 084
-
6 484
-
national
14 757
-
34 711
-
municipal
9 523
-
21 370
-
total
27 364
-
62 565
-
Employer
77 101
-
162 092
-
pensions
6 168
-
12 967
-
social contributions
829
-
1 742
-
total
6 997
-
14 709
-
Corporate
98 313
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%.

19 663
37 500
-
-
total
19 663
37 500
-
-
Dividends
78 650
150 000
-
-
withholding
17 303
33 000
-
-
total
17 303
33 000
-
-
Income
187 500
187 500
187 500
187 500
Total tax
71 327
70 500
77 274
78 281
After tax
116 173
117 000
110 226
109 219
Living cost
49 737
49 737
49 737
49 737
Free-cash
66 436
67 263
60 489
59 482

Estimated living cost  is ₽49737 per week

₽33806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60941
₽130595
₽47292
₽122943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
surtax
-
-
-
47 812
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.

-
-
-
35 737
income
-
-
-
37 254
total
-
-
-
120 803
Employee
27 255
-
144 794
-
social contributions

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

2 998
-
12 227
-
surtax
-
-
20 994
-
income
4 852
-
31 227
-
total
7 850
-
64 448
-
Employer
27 255
-
144 794
-
surtax
-
-
15 927
-
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.

6 565
-
26 779
-
total
6 565
-
42 706
-
Corporate
153 680
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%.

30 737
37 500
-
-
total
30 737
37 500
-
-
Dividends

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

122 943
150 000
-
-
total
-
-
-
-
Income
187 500
187 500
187 500
187 500
Total tax
45 152
37 500
107 154
120 803
After tax
142 348
150 000
80 346
66 697
Living cost
19 405
19 405
19 405
19 405
Free-cash
122 943
130 595
60 941
47 292

Estimated living cost  is ₽19405 per week

₽12380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80589
₽54102
₽62827
₽48388
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63 170
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
85 600
Employee
79 651
79 651
170 166
-
health
12 226
10 399
11 502
-
pensions
14 337
10 928
10 928
-
income

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

13 038
13 038
28 074
-
total
39 601
34 365
50 504
-
Employer
79 651
79 651
170 166
-
unemployment
2 867
2 867
3 563
-
health
5 537
5 537
6 880
-
pensions
5 544
5 544
6 891
-
total
13 948
13 948
17 334
-
Corporate
94 878
93 901
-
-
income
18 975
18 780
-
-
total
18 975
18 780
-
-
Dividends
75 903
75 121
-
-
withholding
11 385
11 268
-
-
income
16 130
15 964
-
-
total
27 515
27 232
-
-
Income
187 500
187 500
187 500
187 500
Total tax
100 039
94 325
67 838
85 600
After tax
87 461
93 175
119 662
101 900
Living cost
39 073
39 073
39 073
39 073
Free-cash
48 388
54 102
80 589
62 827

Estimated living cost  is ₽39073 per week

₽27690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3522
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.
₽7239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56379
₽64691
₽57291
₽63846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
municipal
-
-
-
48 778
other
-
-
-
9 597
unemployment
-
-
-
83
national
-
-
-
19 820
pensions
-
-
-
8 928
accident
-
-
-
165
health
-
-
-
5 154
total
-
-
-
92 525
Employee
53 696
-
161 550
-
national
-
-
19 314
-
municipal
16 012
-
48 174
-
total
16 012
-
67 488
-
Employer
53 696
-
161 550
-
unemployment
1 418
-
2 180
-
accident
107
-
165
-
health
3 302
-
5 079
-
pensions
5 804
-
8 928
-
other
6 240
-
9 597
-
total
16 871
-
25 949
-
Corporate
116 932
187 500
-
-
income
25 725
41 250
-
-
total
25 725
41 250
-
-
Dividends
91 207
146 250
-
-
withholding
27 362
43 875
-
-
total
27 362
43 875
-
-
Income
187 500
187 500
187 500
187 500
Total tax
85 970
85 125
93 437
92 525
After tax
101 530
102 375
94 063
94 975
Living cost
37 684
37 684
37 684
37 684
Free-cash
63 846
64 691
56 379
57 291

Estimated living cost  is ₽37684 per week

₽24976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽80625
₽56922
₽56915
₽70028
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
187 500
surtax

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

-
-
-
3 329
trade
-
-
-
23 710
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.

-
-
-
60 532
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.

-
-
-
6 372
total
-
-
-
93 943
Employee

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

47 301
-
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.

6 372
-
6 372
-
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.

223
-
3 329
-
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.

4 064
-
60 532
-
total
10 659
-
70 233
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
140 199
187 500
-
-
chamber of commerce
342
409
-
-
trade
23 064
30 845
-
-
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.

1 156
1 547
-
-
income
21 030
28 126
-
-
total
45 592
60 927
-
-
Dividends
94 609
126 574
-
-
withholding
23 297
31 289
-
-
surtax

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

1 282
1 720
-
-
total
24 579
33 009
-
-
Income
187 500
187 500
187 500
187 500
Total tax
80 830
93 936
70 233
93 943
After tax
106 670
93 564
117 267
93 557
Living cost
36 642
36 642
36 642
36 642
Free-cash
70 028
56 922
80 625
56 915

Estimated living cost  is ₽36642 per week

₽24506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95156
₽106453
₽96742
₽102588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 091
income
-
-
-
40 633
health
-
-
-
4 781
total
-
-
-
60 505
Employee
71 723
71 723
176 211
-
health
713
1 220
2 995
-
social contributions
3 485
5 953
8 029
-
income
7 531
6 639
39 778
-
total
11 729
13 812
50 802
-
Employer
71 723
71 723
176 211
-
health
777
1 328
3 260
-
social contributions
3 485
5 953
8 029
-
total
4 262
7 281
11 289
-
Corporate
141 255
108 497
-
-
income
17 656
13 562
-
-
total
17 656
13 562
-
-
Dividends
123 599
94 935
-
-
withholding
21 012
16 139
-
-
total
21 012
16 139
-
-
Income
187 500
187 500
187 500
187 500
Total tax
54 659
50 794
62 091
60 505
After tax
132 841
136 706
125 409
126 995
Living cost
30 253
30 253
30 253
30 253
Free-cash
102 588
106 453
95 156
96 742

Estimated living cost  is ₽30253 per week

₽20681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91993
₽88571
₽113187
₽88917
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
unemployment
-
-
-
2 813
income
-
-
-
22 922
pensions
-
-
-
18 750
health
-
-
-
13 125
total
-
-
-
57 610
Employee

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

The minimum wage is 138,000 HUF per month.

24 110
9 596
156 904
-
health
1 688
672
10 983
-
pensions
2 411
960
15 690
-
unemployment
362
144
2 354
-
income
2 948
1 173
19 181
-
total
7 409
2 949
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.

24 110
9 596
156 904
-
pensions
4 702
1 871
30 596
-
total
4 702
1 871
30 596
-
Corporate
158 688
176 033
-
-
income
14 282
15 843
-
-
total
14 282
15 843
-
-
Dividends
144 406
160 190
-
-
withholding
27 437
30 436
-
-
social contributions
28 050
31 127
-
-
total
55 487
61 563
-
-
Income
187 500
187 500
187 500
187 500
Total tax
81 880
82 226
78 804
57 610
After tax
105 620
105 274
108 696
129 890
Living cost
16 703
16 703
16 703
16 703
Free-cash
88 917
88 571
91 993
113 187

Estimated living cost  is ₽16703 per week

₽11398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85544
₽127471
₽77970
₽121677
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
income
-
-
-
25 126
pensions
-
-
-
37 500
health
-
-
-
24 375
total
-
-
-
87 001
Employee
26 460
-
140 136
-
unemployment
423
-
2 243
-
pensions
529
-
2 802
-
income
2 979
-
27 018
-
total
3 931
-
32 063
-
Employer
26 460
-
140 136
-
unemployment
212
-
1 120
-
health
3 439
-
18 217
-
pensions
5 292
-
28 027
-
total
8 943
-
47 364
-
Corporate
152 096
187 500
-
-
income
30 420
37 500
-
-
total
30 420
37 500
-
-
Dividends
121 676
150 000
-
-
total
-
-
-
-
Income
187 500
187 500
187 500
187 500
Total tax
43 294
37 500
79 427
87 001
After tax
144 206
150 000
108 073
100 499
Living cost
22 529
22 529
22 529
22 529
Free-cash
121 677
127 471
85 544
77 970

Estimated living cost  is ₽22529 per week

₽15452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
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.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81747
-₽5642
₽107272
₽11993
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
351
income
-
-
-
52 805
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
59 399
Employee
32 765
-
170 063
-
health
3 752
-
19 472
-
pensions
3 689
-
7 223
-
income
4 495
-
40 792
-
total
11 936
-
67 487
-
Employer
32 765
-
170 063
-
unemployment
803
-
4 166
-
accident
547
-
2 840
-
pensions
5 328
-
10 431
-
total
6 678
-
17 437
-
Corporate
148 057
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.

133 251
168 750
-
-
total
133 251
168 750
-
-
Dividends
14 806
18 750
-
-
withholding
2 813
3 563
-
-
total
2 813
3 563
-
-
Income
187 500
187 500
187 500
187 500
Total tax
154 678
172 313
84 924
59 399
After tax
32 822
15 187
102 576
128 101
Living cost
20 829
20 829
20 829
20 829
Free-cash
11 993
-5 642
81 747
107 272

Estimated living cost  is ₽20829 per week

₽15266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽142446
₽170571
₽178071
₽169155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 443
-
187 500
-
income
1 888
-
37 500
-
total
1 888
-
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%.

178 057
187 500
-
-
total
-
-
-
-
Dividends
178 057
187 500
-
-
withholding
8 903
9 375
-
-
total
8 903
9 375
-
-
Income
187 500
187 500
187 500
187 500
Total tax
10 791
9 375
37 500
1 875
After tax
176 709
178 125
150 000
185 625
Living cost
7 554
7 554
7 554
7 554
Free-cash
169 155
170 571
142 446
178 071

Estimated living cost  is ₽7554 per week

₽4682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82854
₽112904
₽84454
₽106605
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 737
income
-
-
-
31 174
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.

-
-
-
34 041
health
-
-
-
6 241
total
-
-
-
78 193
Employee
33 866
-
151 678
-
health
474
-
1 986
-
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.

2 370
-
9 928
-
unemployment
338
-
1 418
-
income
5 830
-
30 639
-
total
9 012
-
43 971
-
Employer
33 866
-
151 678
-
unemployment
338
-
1 418
-
accident
271
-
1 214
-
health
474
-
1 986
-
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.

5 758
-
24 113
-
other
1 694
-
7 091
-
total
8 535
-
35 822
-
Corporate
145 098
187 500
-
-
income
30 471
39 374
-
-
total
30 471
39 374
-
-
Dividends
114 627
148 126
-
-
withholding
8 024
10 369
-
-
total
8 024
10 369
-
-
Income
187 500
187 500
187 500
187 500
Total tax
56 042
49 743
79 793
78 193
After tax
131 458
137 757
107 707
109 307
Living cost
24 853
24 853
24 853
24 853
Free-cash
106 605
112 904
82 854
84 454

Estimated living cost  is ₽24853 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43022
₽57548
₽59870
₽64778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 932
pensions
-
-
-
8 892
total
-
-
-
64 824
Employee
88 860
-
163 588
-
health
1 464
-
2 286
-
pensions
8 573
-
10 774
-
income
16 018
-
44 700
-
total
26 055
-
57 760
-
Employer
88 860
-
163 588
-
health
1 688
-
3 108
-
pensions
10 492
-
20 804
-
total
12 180
-
23 912
-
Corporate
86 460
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.

16 428
35 624
-
-
total
16 428
35 624
-
-
Dividends
70 032
151 876
-
-
withholding
5 253
31 522
-
-
total
5 253
31 522
-
-
Income
187 500
187 500
187 500
187 500
Total tax
59 916
67 146
81 672
64 824
After tax
127 584
120 354
105 828
122 676
Living cost
62 806
62 806
62 806
62 806
Free-cash
64 778
57 548
43 022
59 870

Estimated living cost  is ₽62806 per week

₽47061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7379
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.
₽7855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽146039
₽148079
₽138439
₽143746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
unemployment
-
-
-
130
income
-
-
-
28 125
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
36 827
Employee
16 200
-
181 105
-
health
745
-
1 499
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 422
-
2 862
-
income
1 620
-
18 111
-
total
3 965
-
22 831
-
Employer
16 200
-
181 105
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
health
1 118
-
2 249
-
pensions

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

1 785
-
3 592
-
total
3 178
-
6 396
-
Corporate
168 121
187 500
-
-
income
16 812
18 750
-
-
total
16 812
18 750
-
-
Dividends
151 309
168 750
-
-
withholding
7 565
8 437
-
-
total
7 565
8 437
-
-
Income
187 500
187 500
187 500
187 500
Total tax
31 520
27 187
29 227
36 827
After tax
155 980
160 313
158 273
150 673
Living cost
12 234
12 234
12 234
12 234
Free-cash
143 746
148 079
146 039
138 439

Estimated living cost  is ₽12234 per week

₽7143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
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.
₽3894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽67941
₽41454
₽50179
₽43803
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63 170
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
85 600
Employee
86 476
79 651
170 166
-
health
10 788
10 399
11 502
-
pensions
10 928
10 928
10 928
-
income

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

13 038
13 038
28 074
-
total
34 754
34 365
50 504
-
Employer
86 476
79 651
170 166
-
unemployment
3 113
2 867
3 563
-
health
6 009
5 537
6 880
-
pensions
6 018
5 544
6 891
-
total
15 140
13 948
17 334
-
Corporate
85 883
93 901
-
-
income
17 176
18 780
-
-
total
17 176
18 780
-
-
Dividends
68 707
75 121
-
-
withholding
10 307
11 268
-
-
income
14 599
15 964
-
-
total
24 906
27 232
-
-
Income
187 500
187 500
187 500
187 500
Total tax
91 976
94 325
67 838
85 600
After tax
95 524
93 175
119 662
101 900
Living cost
51 721
51 721
51 721
51 721
Free-cash
43 803
41 454
67 941
50 179

Estimated living cost  is ₽51721 per week

₽38153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78057
₽106303
₽85997
₽98171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
1 195
social contributions
-
-
-
32 796
income
-
-
-
19 409
health
-
-
-
25 312
total
-
-
-
78 712
Employee
33 517
-
146 258
-
health
4 525
-
19 745
-
social contributions
2 179
-
7 300
-
solidarity contribution
-
-
483
-
income
4 022
-
17 882
-
total
10 726
-
45 410
-
Employer
33 517
-
146 258
-
health
3 017
-
13 163
-
social contributions
8 379
-
28 079
-
total
11 396
-
41 242
-
Corporate
142 588
187 500
-
-
income
27 092
35 625
-
-
total
27 092
35 625
-
-
Dividends
115 496
151 875
-
-
withholding
17 324
22 781
-
-
total
17 324
22 781
-
-
Income
187 500
187 500
187 500
187 500
Total tax
66 538
58 406
86 652
78 712
After tax
120 962
129 094
100 848
108 788
Living cost
22 791
22 791
22 791
22 791
Free-cash
98 171
106 303
78 057
85 997

Estimated living cost  is ₽22791 per week

₽15831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41568
₽60681
₽49607
₽55813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
municipal
-
-
-
1 126
social contributions
-
-
-
46 683
national
-
-
-
48 462
regional
-
-
-
2 264
total
-
-
-
98 535
Employee
82 895
-
187 500
-
social contributions
27 952
-
61 202
-
national
14 364
-
42 348
-
regional
782
-
2 013
-
municipal
439
-
1 011
-
total
43 537
-
106 574
-
Employer
82 895
-
187 500
-
total
-
-
-
-
Corporate
104 605
187 500
-
-
municipal
4 080
7 312
-
-
nationa
25 104
45 000
-
-
total
29 184
52 312
-
-
Dividends
75 420
135 188
-
-
withholding
19 608
35 149
-
-
total
19 608
35 149
-
-
Income
187 500
187 500
187 500
187 500
Total tax
92 329
87 461
106 574
98 535
After tax
95 171
100 039
80 926
88 965
Living cost
39 358
39 358
39 358
39 358
Free-cash
55 813
60 681
41 568
49 607

Estimated living cost  is ₽39358 per week

₽27436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62138
₽97356
₽67839
₽94452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
surtax
-
-
-
9 132
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
56 000
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
99 079
Employee
30 845
-
161 296
-
health
788
-
3 174
-
pensions
2 057
-
8 303
-
unemployment
2 147
-
8 664
-
surtax
101
-
8 015
-
other
-
-
-
-
income
5 170
-
50 421
-
total
10 263
-
78 577
-
Employer
30 845
-
161 296
-
unemployment
977
-
3 945
-
health
1 404
-
5 664
-
pensions
4 112
-
16 594
-
other
-
-
-
-
total
6 493
-
26 203
-
Corporate
150 163
187 500
-
-
income
39 042
48 750
-
-
total
39 042
48 750
-
-
Dividends
111 121
138 750
-
-
withholding
16 668
20 812
-
-
total
16 668
20 812
-
-
Income
187 500
187 500
187 500
187 500
Total tax
72 466
69 562
104 780
99 079
After tax
115 034
117 938
82 720
88 421
Living cost
20 582
20 582
20 582
20 582
Free-cash
94 452
97 356
62 138
67 839

Estimated living cost  is ₽20582 per week

₽12585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62921
₽77447
₽79769
₽83650
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 932
pensions
-
-
-
8 892
total
-
-
-
64 824
Employee
59 552
-
163 588
-
health
864
-
2 286
-
pensions
5 055
-
10 774
-
income
10 726
-
44 700
-
total
16 645
-
57 760
-
Employer
59 552
-
163 588
-
health
1 131
-
3 108
-
pensions
6 447
-
20 804
-
total
7 578
-
23 912
-
Corporate
120 370
187 500
-
-
income

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

22 870
35 624
-
-
total
22 870
35 624
-
-
Dividends
97 500
151 876
-
-
withholding
13 850
31 522
-
-
total
13 850
31 522
-
-
Income
187 500
187 500
187 500
187 500
Total tax
60 943
67 146
81 672
64 824
After tax
126 557
120 354
105 828
122 676
Living cost
42 907
42 907
42 907
42 907
Free-cash
83 650
77 447
62 921
79 769

Estimated living cost  is ₽42907 per week

₽32146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽68583
₽11969
₽76605
₽43530
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 976
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
3 750
national
-
-
-
3 902
pensions
-
-
-
17 249
regional
-
-
-
9 824
health
-
-
-
423
total
-
-
-
37 124
Employee
86 331
-
168 064
-
health
195
-
379
-
pensions
7 253
-
13 845
-
unemployment
-
-
-
-
city
927
-
1 809
-
national
409
-
2 972
-
regional
2 827
-
8 556
-
total
11 611
-
27 561
-
Employer
86 331
-
168 064
-
unemployment
-
-
-
-
health
195
-
379
-
pensions
7 253
-
13 845
-
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.

1 726
-
3 361
-
total
9 174
-
17 585
-
Corporate
91 046
187 500
-
-
regional
19 256
39 656
-
-
national
7 740
15 938
-
-
total
26 996
55 594
-
-
Dividends
64 050
131 906
-
-
withholding
22 418
46 166
-
-
total
22 418
46 166
-
-
Income
187 500
187 500
187 500
187 500
Total tax
70 199
101 760
45 146
37 124
After tax
117 301
85 740
142 354
150 376
Living cost
73 771
73 771
73 771
73 771
Free-cash
43 530
11 969
68 583
76 605

Estimated living cost  is ₽73771 per week

₽47972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽74538
₽49873
₽49819
₽64996
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
187 500
surtax

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

-
-
-
3 329
trade
-
-
-
24 719
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.

-
-
-
60 532
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.

-
-
-
6 372
total
-
-
-
94 952
Employee

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

56 055
-
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.

6 372
-
6 372
-
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.

363
-
3 329
-
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.

6 592
-
60 532
-
total
13 327
-
70 233
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
131 445
187 500
-
-
chamber of commerce
327
405
-
-
trade
22 543
32 156
-
-
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.

1 085
1 547
-
-
income
19 716
28 126
-
-
total
43 671
62 234
-
-
Dividends
87 773
125 266
-
-
withholding
21 589
30 961
-
-
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.

1 188
1 703
-
-
total
22 777
32 664
-
-
Income
187 500
187 500
187 500
187 500
Total tax
79 775
94 898
70 233
94 952
After tax
107 725
92 602
117 267
92 548
Living cost
42 729
42 729
42 729
42 729
Free-cash
64 996
49 873
74 538
49 819

Estimated living cost  is ₽42729 per week

₽31207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68499
₽62589
₽72627
₽68097
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
surtax
-
-
-
-
other
-
-
-
5 813
social contributions
-
-
-
5 342
income
-
-
-
31 932
pensions
-
-
-
31 222
health
-
-
-
8 652
total
-
-
-
82 961
Employee
39 919
-
143 994
-
social contributions
1 138
-
4 103
-
pensions
4 514
-
10 475
-
surtax
-
-
-
-
income
2 356
-
29 005
-
total
8 008
-
43 583
-
Employer
39 919
-
143 994
-
unemployment
1 616
-
5 832
-
health
2 795
-
13 873
-
pensions
6 558
-
17 554
-
other
1 377
-
5 815
-
social contributions
120
-
432
-
total
12 466
-
43 506
-
Corporate
135 114
187 500
-
-
surtax
-
-
-
-
income
37 833
52 499
-
-
total
37 833
52 499
-
-
Dividends
97 282
135 001
-
-
withholding
12 452
17 281
-
-
surtax
-
-
-
-
social contributions
16 732
23 219
-
-
total
29 184
40 500
-
-
Income
187 500
187 500
187 500
187 500
Total tax
87 491
92 999
87 089
82 961
After tax
100 009
94 501
100 411
104 539
Living cost
31 912
31 912
31 912
31 912
Free-cash
68 097
62 589
68 499
72 627

Estimated living cost  is ₽31912 per week

₽20122
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.
₽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.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71661
₽65751
₽75789
₽70932
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
surtax
-
-
-
-
other
-
-
-
5 813
social contributions
-
-
-
5 342
income
-
-
-
31 932
pensions
-
-
-
31 222
health
-
-
-
8 652
total
-
-
-
82 961
Employee
35 634
-
143 994
-
social contributions
1 016
-
4 103
-
pensions
4 030
-
10 475
-
surtax
-
-
-
-
income
1 837
-
29 005
-
total
6 883
-
43 583
-
Employer
35 634
-
143 994
-
unemployment
1 443
-
5 832
-
health
2 494
-
13 873
-
pensions
5 855
-
17 554
-
other
1 230
-
5 815
-
social contributions
106
-
432
-
total
11 128
-
43 506
-
Corporate
140 738
187 500
-
-
surtax
-
-
-
-
income
39 406
52 499
-
-
total
39 406
52 499
-
-
Dividends
101 332
135 001
-
-
withholding
12 971
17 281
-
-
surtax
-
-
-
-
social contributions
17 430
23 219
-
-
total
30 401
40 500
-
-
Income
187 500
187 500
187 500
187 500
Total tax
87 818
92 999
87 089
82 961
After tax
99 682
94 501
100 411
104 539
Living cost
28 750
28 750
28 750
28 750
Free-cash
70 932
65 751
71 661
75 789

Estimated living cost  is ₽28750 per week

₽16674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽96087
₽94614
₽100634
₽95100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 874
income
-
-
-
28 126
health
-
-
-
13 088
total
-
-
-
67 088
Employee
31 625
-
187 500
-
health
2 207
-
13 088
-
social contributions
4 365
-
25 874
-
income
5 275
-
32 673
-
total
11 847
-
71 635
-
Employer
31 625
-
187 500
-
total
-
-
-
-
Corporate
155 875
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%.

7 793
9 376
-
-
total
7 793
9 376
-
-
Dividends
148 081
178 124
-
-
withholding
22 212
26 719
-
-
health
10 335
12 433
-
-
social contributions
20 435
24 580
-
-
total
52 982
63 732
-
-
Income
187 500
187 500
187 500
187 500
Total tax
72 622
73 108
71 635
67 088
After tax
114 878
114 392
115 865
120 412
Living cost
19 778
19 778
19 778
19 778
Free-cash
95 100
94 614
96 087
100 634

Estimated living cost  is ₽19778 per week

₽13236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
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.
₽4866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16526
₽70654
₽63432
₽69214
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
surtax
-
-
-
184
chamber of commerce
-
-
-
750
unemployment
-
-
-
5 721
income
-
-
-
56 053
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
91 202
Employee
46 614
37 171
152 760
-
health
1 804
1 439
4 216
-
pensions
4 774
3 806
11 158
-
unemployment
1 398
1 115
3 269
-
other
466
372
1 090
-
income
5 307
2 742
46 329
-
total
13 749
9 474
66 062
-
Employer
46 614
37 171
152 760
-
unemployment
1 398
1 115
3 269
-
payroll
1 398
1 115
4 583
-
accident
605
483
1 416
-
health
1 761
1 405
4 119
-
pensions
5 850
4 666
13 675
-
other
2 214
1 765
6 884
-
surtax
184
184
184
-
chamber of commerce
186
149
611
-
total
13 596
10 882
34 741
-
Corporate
127 289
139 447
149 220
-
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.

31 822
34 863
37 305
-
total
31 822
34 863
37 305
-
Dividends
95 467
104 585
-
-
withholding
26 253
28 761
-
-
total
26 253
28 761
-
-
Income
187 500
187 500
187 500
187 500
Total tax
85 420
83 980
138 108
91 202
After tax
102 080
103 520
49 392
96 298
Living cost
32 866
32 866
32 866
32 866
Free-cash
69 214
70 654
16 526
63 432

Estimated living cost  is ₽32866 per week

₽21920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30709
₽70132
₽47429
₽56816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 254
communal

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

-
-
-
9 856
national
-
-
-
72 952
total
-
-
-
106 062
Employee

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

66 719
-
145 226
-
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.

3 135
-
6 827
-
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.

5 004
-
10 893
-
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.

581
-
1 264
-
national
20 512
-
53 951
-
communal

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

3 480
-
7 574
-
total
32 712
-
80 509
-
Employer

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

66 719
-
145 226
-
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.

974
-
2 120
-
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.

867
-
1 887
-
health

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

4 103
-
8 932
-
pensions

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

5 912
-
12 866
-
surtax
7 565
-
16 468
-
total
19 421
-
42 273
-
Corporate
101 360
187 500
-
-
surtax
405
768
-
-
income
20 272
38 445
-
-
total
20 677
39 213
-
-
Dividends
80 683
148 287
-
-
withholding

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

23 865
44 146
-
-
total
23 865
44 146
-
-
Income
187 500
187 500
187 500
187 500
Total tax
96 675
83 359
122 782
106 062
After tax
90 825
104 141
64 718
81 438
Living cost
34 009
34 009
34 009
34 009
Free-cash
56 816
70 132
30 709
47 429

Estimated living cost  is ₽34009 per week

₽21906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67366
₽91016
₽71280
₽84626
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
605
income
-
-
-
56 599
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
82 535
Employee
46 429
-
159 939
-
pensions
2 182
-
4 064
-
unemployment
720
-
1 340
-
other
46
-
87
-
income
9 796
-
53 397
-
total
12 744
-
58 888
-
Employer
46 429
-
159 939
-
unemployment
2 554
-
4 754
-
accident
919
-
1 712
-
pensions
10 957
-
20 403
-
other
370
-
692
-
total
14 800
-
27 561
-
Corporate
126 272
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.

18 941
28 126
-
-
total
18 941
28 126
-
-
Dividends
107 331
159 374
-
-
withholding
22 704
34 673
-
-
total
22 704
34 673
-
-
Income
187 500
187 500
187 500
187 500
Total tax
69 189
62 799
86 449
82 535
After tax
118 311
124 701
101 051
104 965
Living cost
33 685
33 685
33 685
33 685
Free-cash
84 626
91 016
67 366
71 280

Estimated living cost  is ₽33685 per week

₽24805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46890
₽57217
₽39414
₽44624
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
surtax
-
-
-
9 296
income
-
-
-
33 393
communal
-
-
-
11 850
pensions
-
-
-
28 105
accident
-
-
-
1 581
health
-
-
-
13 173
total
-
-
-
97 398
Employee
70 635
-
167 484
-
health
3 144
-
7 454
-
pensions
5 650
-
13 399
-
surtax
4 329
-
10 264
-
income
6 823
-
38 790
-
total
19 946
-
69 907
-
Employer
70 635
-
167 484
-
accident
635
-
1 508
-
health
2 154
-
5 108
-
pensions
5 650
-
13 399
-
total
8 439
-
20 015
-
Corporate
108 426
187 500
-
-
communal
7 319
12 656
-
-
surtax
1 138
1 968
-
-
income
16 263
28 126
-
-
total
24 720
42 750
-
-
Dividends
83 705
144 750
-
-
withholding
12 557
21 713
-
-
income
26 526
15 132
-
-
total
39 083
36 845
-
-
Income
187 500
187 500
187 500
187 500
Total tax
92 188
79 595
89 922
97 398
After tax
95 312
107 905
97 578
90 102
Living cost
50 688
50 688
50 688
50 688
Free-cash
44 624
57 217
46 890
39 414

Estimated living cost  is ₽50688 per week

₽38024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3071
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.
₽9055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61770
₽96988
₽67471
₽94018
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
surtax
-
-
-
9 132
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
56 000
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
99 079
Employee
31 411
-
161 296
-
health
802
-
3 174
-
pensions
2 096
-
8 303
-
unemployment
2 186
-
8 664
-
surtax
112
-
8 015
-
other
-
-
-
-
income
5 266
-
50 421
-
total
10 462
-
78 577
-
Employer
31 411
-
161 296
-
unemployment
997
-
3 945
-
health
1 428
-
5 664
-
pensions
4 188
-
16 594
-
other
-
-
-
-
total
6 613
-
26 203
-
Corporate
149 476
187 500
-
-
income
38 865
48 750
-
-
total
38 865
48 750
-
-
Dividends
110 611
138 750
-
-
withholding
16 592
20 812
-
-
total
16 592
20 812
-
-
Income
187 500
187 500
187 500
187 500
Total tax
72 532
69 562
104 780
99 079
After tax
114 968
117 938
82 720
88 421
Living cost
20 950
20 950
20 950
20 950
Free-cash
94 018
96 988
61 770
67 471

Estimated living cost  is ₽20950 per week

₽12649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55249
₽73428
₽63245
₽71356
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
municipal
-
-
-
1 126
social contributions
-
-
-
46 683
national
-
-
-
48 462
regional
-
-
-
2 858
total
-
-
-
99 129
Employee
51 740
-
187 500
-
social contributions
17 447
-
61 202
-
national
8 197
-
42 348
-
regional
697
-
2 564
-
municipal
274
-
1 011
-
total
26 615
-
107 125
-
Employer
51 740
-
187 500
-
total
-
-
-
-
Corporate
135 760
187 500
-
-
municipal
6 747
9 319
-
-
nationa
32 583
45 000
-
-
total
39 330
54 319
-
-
Dividends
96 430
133 181
-
-
withholding
25 073
34 627
-
-
total
25 073
34 627
-
-
Income
187 500
187 500
187 500
187 500
Total tax
91 018
88 946
107 125
99 129
After tax
96 482
98 554
80 375
88 371
Living cost
25 126
25 126
25 126
25 126
Free-cash
71 356
73 428
55 249
63 245

Estimated living cost  is ₽25126 per week

₽15626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72763
₽101009
₽80703
₽90989
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
1 195
social contributions
-
-
-
32 796
income
-
-
-
19 409
health
-
-
-
25 312
total
-
-
-
78 712
Employee
41 301
-
146 258
-
health
5 576
-
19 745
-
social contributions
2 685
-
7 300
-
solidarity contribution
-
-
483
-
income
4 956
-
17 882
-
total
13 217
-
45 410
-
Employer
41 301
-
146 258
-
health
3 717
-
13 163
-
social contributions
10 325
-
28 079
-
total
14 042
-
41 242
-
Corporate
132 156
187 500
-
-
income
25 110
35 625
-
-
total
25 110
35 625
-
-
Dividends
107 047
151 875
-
-
withholding
16 057
22 781
-
-
total
16 057
22 781
-
-
Income
187 500
187 500
187 500
187 500
Total tax
68 426
58 406
86 652
78 712
After tax
119 074
129 094
100 848
108 788
Living cost
28 085
28 085
28 085
28 085
Free-cash
90 989
101 009
72 763
80 703

Estimated living cost  is ₽28085 per week

₽20886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19682
₽73864
₽66725
₽73403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
surtax
-
-
-
-
chamber of commerce
-
-
-
750
unemployment
-
-
-
5 721
income
-
-
-
56 053
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
91 018
Employee
40 772
37 171
152 929
-
health
1 577
1 439
4 216
-
pensions
4 176
3 806
11 158
-
unemployment
1 223
1 115
3 269
-
other
407
372
1 090
-
income
3 632
2 742
46 410
-
total
11 015
9 474
66 143
-
Employer
40 772
37 171
152 929
-
unemployment
1 223
1 115
3 269
-
payroll
1 223
1 115
4 588
-
accident
529
483
1 416
-
health
1 542
1 405
4 119
-
pensions
5 117
4 666
13 675
-
other
1 936
1 765
6 891
-
surtax
-
-
-
-
chamber of commerce
163
149
612
-
total
11 733
10 698
34 570
-
Corporate
134 994
139 631
149 389
-
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.

33 749
34 909
37 348
-
total
33 749
34 909
37 348
-
Dividends
101 245
104 723
-
-
withholding
27 843
28 798
-
-
total
27 843
28 798
-
-
Income
187 500
187 500
187 500
187 500
Total tax
84 340
83 879
138 061
91 018
After tax
103 160
103 621
49 439
96 482
Living cost
29 757
29 757
29 757
29 757
Free-cash
73 403
73 864
19 682
66 725

Estimated living cost  is ₽29757 per week

₽17851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138228
₽166353
₽173853
₽164146
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
187 500
microenterprise

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

-
-
-
1 875
total
-
-
-
1 875
Employee
14 715
-
187 500
-
income
2 943
-
37 500
-
total
2 943
-
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%.

172 785
187 500
-
-
total
-
-
-
-
Dividends
172 785
187 500
-
-
withholding
8 639
9 375
-
-
total
8 639
9 375
-
-
Income
187 500
187 500
187 500
187 500
Total tax
11 582
9 375
37 500
1 875
After tax
175 918
178 125
150 000
185 625
Living cost
11 772
11 772
11 772
11 772
Free-cash
164 146
166 353
138 228
173 853

Estimated living cost  is ₽11772 per week

₽7966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
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.
₽2917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60316
₽104077
₽64388
₽96273
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
187 500
unemployment
-
-
-
281
income
-
-
-
45 119
pensions
-
-
-
34 243
health
-
-
-
18 451
total
-
-
-
98 094
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.

41 246
-
162 238
-
health
2 664
-
10 480
-
pensions
6 393
-
25 147
-
unemployment
58
-
227
-
income
7 113
-
41 050
-
total
16 228
-
76 904
-
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.

41 246
-
162 238
-
unemployment
25
-
97
-
health
2 747
-
10 806
-
pensions
3 650
-
14 359
-
total
6 422
-
25 262
-
Corporate
139 833
187 500
-
-
income
26 568
35 625
-
-
total
26 568
35 625
-
-
Dividends
113 265
151 875
-
-
withholding
16 991
22 780
-
-
total
16 991
22 780
-
-
Income
187 500
187 500
187 500
187 500
Total tax
66 209
58 405
102 166
98 094
After tax
121 291
129 095
85 334
89 406
Living cost
25 018
25 018
25 018
25 018
Free-cash
96 273
104 077
60 316
64 388

Estimated living cost  is ₽25018 per week

₽17169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135293
₽74066
₽89568
₽29961
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
social contributions
-
-
-
21 375
income
-
-
-
36 548
total
-
-
-
57 923
Employee
57 367
-
-
-
social contributions
4 704
-
670
-
income
12 654
-
-
-
total
17 358
-
670
-
Employer
57 367
-
-
-
social contributions
80 888
-
11 528
-
total
80 888
-
11 528
-
Corporate
49 245
187 500
-
-
income
10 834
41 250
-
-
total
10 834
41 250
-
-
Dividends
38 411
146 250
-
-
income
8 450
32 175
-
-
total
8 450
32 175
-
-
Income
187 500
187 500
187 500
187 500
Total tax
117 530
73 425
12 198
57 923
After tax
69 970
114 075
175 302
129 577
Living cost
40 009
40 009
40 009
40 009
Free-cash
29 961
74 066
135 293
89 568

Estimated living cost  is ₽40009 per week

₽25959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55452
₽77394
₽69669
₽76453
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
187 500
surtax
-
-
-
-
social contributions

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

-
-
-
65 157
income
-
-
-
23 417
total
-
-
-
88 574
Employee
42 898
-
151 515
-
social contributions
4 719
-
16 667
-
surtax
-
-
-
-
income
8 923
-
50 139
-
total
13 642
-
66 806
-
Employer
42 898
-
151 515
-
social contributions
10 188
-
35 985
-
total
10 188
-
35 985
-
Corporate
134 413
187 500
-
-
surtax
-
-
-
-
income
28 227
39 374
-
-
total
28 227
39 374
-
-
Dividends
106 187
148 126
-
-
withholding
29 733
41 475
-
-
total
29 733
41 475
-
-
Income
187 500
187 500
187 500
187 500
Total tax
81 790
80 849
102 791
88 574
After tax
105 710
106 651
84 709
98 926
Living cost
29 257
29 257
29 257
29 257
Free-cash
76 453
77 394
55 452
69 669

Estimated living cost  is ₽29257 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
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.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽55361
₽49451
₽59489
₽55861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
surtax
-
-
-
-
other
-
-
-
5 813
social contributions
-
-
-
5 342
income
-
-
-
31 932
pensions
-
-
-
31 222
health
-
-
-
8 652
total
-
-
-
82 961
Employee
58 419
-
143 994
-
social contributions
1 664
-
4 103
-
pensions
6 608
-
10 475
-
surtax
-
-
-
-
income
5 097
-
29 005
-
total
13 369
-
43 583
-
Employer
58 419
-
143 994
-
unemployment
2 367
-
5 832
-
health
4 089
-
13 873
-
pensions
9 599
-
17 554
-
other
2 016
-
5 815
-
social contributions
175
-
432
-
total
18 246
-
43 506
-
Corporate
110 836
187 500
-
-
surtax
-
-
-
-
income
31 034
52 499
-
-
total
31 034
52 499
-
-
Dividends
79 802
135 001
-
-
withholding
10 215
17 281
-
-
surtax
-
-
-
-
social contributions
13 725
23 219
-
-
total
23 940
40 500
-
-
Income
187 500
187 500
187 500
187 500
Total tax
86 589
92 999
87 089
82 961
After tax
100 911
94 501
100 411
104 539
Living cost
45 050
45 050
45 050
45 050
Free-cash
55 861
49 451
55 361
59 489

Estimated living cost  is ₽45050 per week

₽30489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114234
₽140712
₽109249
₽137579
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 962
social contributions
-
-
-
41 251
total
-
-
-
50 213
Employee
29 986
-
162 337
-
social contributions
1 949
-
10 551
-
income
-
-
9 514
-
total
1 949
-
20 065
-
Employer
29 986
-
162 337
-
social contributions
4 648
-
25 163
-
total
4 648
-
25 163
-
Corporate
152 866
187 500
-
-
income
15 286
18 750
-
-
total
15 286
18 750
-
-
Dividends
137 580
168 750
-
-
total
-
-
-
-
Income
187 500
187 500
187 500
187 500
Total tax
21 883
18 750
45 228
50 213
After tax
165 617
168 750
142 272
137 287
Living cost
28 038
28 038
28 038
28 038
Free-cash
137 579
140 712
114 234
109 249

Estimated living cost  is ₽28038 per week

₽18129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15726
-₽15726
₽64322
-₽15726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
municipal
-
-
-
39 746
labour market
-
-
-
14 935
national
-
-
-
22 767
pensions
-
-
-
809
total
-
-
-
78 257
Employee
189 602
189 602
189 602
-
pensions
270
270
270
-
national
23 163
23 163
23 163
-
labour market
15 147
15 147
15 147
-
municipal
40 375
40 375
40 375
-
total
78 955
78 955
78 955
-
Employer
189 602
189 602
189 602
-
pensions
539
539
539
-
national
23 204
23 204
23 204
-
labour market
15 168
15 168
15 168
-
municipal
40 439
40 439
40 439
-
total
79 350
79 350
79 350
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
187 500
187 500
187 500
187 500
Total tax
158 305
158 305
158 305
78 257
After tax
29 195
29 195
29 195
109 243
Living cost
44 921
44 921
44 921
44 921
Free-cash
-15 726
-15 726
-15 726
64 322

Estimated living cost  is ₽44921 per week

₽30745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽691
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82054
-₽5335
₽107579
₽12039
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
351
income
-
-
-
52 805
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
59 399
Employee
32 282
-
170 063
-
health
3 697
-
19 472
-
pensions
3 635
-
7 223
-
income
4 429
-
40 792
-
total
11 761
-
67 487
-
Employer
32 282
-
170 063
-
unemployment
791
-
4 166
-
accident
539
-
2 840
-
pensions
5 249
-
10 431
-
total
6 579
-
17 437
-
Corporate
148 638
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.

133 775
168 750
-
-
total
133 775
168 750
-
-
Dividends
14 864
18 750
-
-
withholding
2 824
3 563
-
-
total
2 824
3 563
-
-
Income
187 500
187 500
187 500
187 500
Total tax
154 939
172 313
84 924
59 399
After tax
32 561
15 187
102 576
128 101
Living cost
20 522
20 522
20 522
20 522
Free-cash
12 039
-5 335
82 054
107 579

Estimated living cost  is ₽20522 per week

₽14938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60278
₽80241
₽81755
₽83119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
33 300
national
-
-
-
34 137
health
-
-
-
2 498
total
-
-
-
69 935
Employee
49 073
-
157 737
-
health
366
-
2 039
-
pensions
3 312
-
10 647
-
unemployment
736
-
2 367
-
national
811
-
20 913
-
municipal
8 038
-
25 683
-
total
13 263
-
61 649
-
Employer
49 073
-
157 737
-
unemployment
319
-
1 025
-
accident
50
-
158
-
health
377
-
1 214
-
pensions
8 514
-
27 366
-
total
9 260
-
29 763
-
Corporate
129 168
187 500
-
-
income
25 834
37 500
-
-
total
25 834
37 500
-
-
Dividends

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

77 501
112 500
-
-
national
6 264
13 700
-
-
municipal
13 950
20 249
-
-
total
20 214
33 949
-
-
Income
187 500
187 500
187 500
187 500
Total tax
68 571
71 449
91 412
69 935
After tax
118 929
116 051
96 088
117 565
Living cost
35 810
35 810
35 810
35 810
Free-cash
83 119
80 241
60 278
81 755

Estimated living cost  is ₽35810 per week

₽23391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103814
₽115111
₽105400
₽110035
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 091
income
-
-
-
40 633
health
-
-
-
4 781
total
-
-
-
60 505
Employee
71 723
71 723
176 211
-
health
556
1 220
2 995
-
social contributions
2 712
5 953
8 029
-
income
7 809
6 639
39 778
-
total
11 077
13 812
50 802
-
Employer
71 723
71 723
176 211
-
health
604
1 328
3 260
-
social contributions
2 712
5 953
8 029
-
total
3 316
7 281
11 289
-
Corporate
151 513
108 497
-
-
income
18 939
13 562
-
-
total
18 939
13 562
-
-
Dividends
132 573
94 935
-
-
withholding
22 538
16 139
-
-
total
22 538
16 139
-
-
Income
187 500
187 500
187 500
187 500
Total tax
55 870
50 794
62 091
60 505
After tax
131 630
136 706
125 409
126 995
Living cost
21 595
21 595
21 595
21 595
Free-cash
110 035
115 111
103 814
105 400

Estimated living cost  is ₽21595 per week

₽12942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125376
₽140459
₽144087
₽135715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
187 500
unemployment
-
-
-
27
income
-
-
-
19 269
pensions
-
-
-
5 933
health
-
-
-
3 375
total
-
-
-
28 604
Employee

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

21 409
-
178 384
-
health
1 820
-
7 523
-
pensions
3 211
-
13 275
-
unemployment
106
-
443
-
income
1 464
-
16 957
-
total
6 601
-
38 198
-
Employer

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

21 409
-
178 384
-
unemployment
106
-
443
-
health
920
-
3 806
-
pensions
1 177
-
4 868
-
total
2 203
-
9 117
-
Corporate
163 887
187 500
-
-
income
14 750
16 875
-
-
total
14 750
16 875
-
-
Dividends
149 137
170 625
-
-
withholding
13 422
15 357
-
-
total
13 422
15 357
-
-
Income
187 500
187 500
187 500
187 500
Total tax
36 976
32 232
47 315
28 604
After tax
150 524
155 268
140 185
158 896
Living cost
14 809
14 809
14 809
14 809
Free-cash
135 715
140 459
125 376
144 087

Estimated living cost  is ₽14809 per week

₽9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75402
₽99052
₽79316
₽94933
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
605
income
-
-
-
56 599
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
82 535
Employee
34 489
-
159 939
-
pensions
1 621
-
4 064
-
unemployment
535
-
1 340
-
other
34
-
87
-
income
6 649
-
53 397
-
total
8 839
-
58 888
-
Employer
34 489
-
159 939
-
unemployment
1 897
-
4 754
-
accident
683
-
1 712
-
pensions
8 139
-
20 403
-
other
276
-
692
-
total
10 995
-
27 561
-
Corporate
142 016
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.

21 302
28 126
-
-
total
21 302
28 126
-
-
Dividends
120 714
159 374
-
-
withholding
25 782
34 673
-
-
total
25 782
34 673
-
-
Income
187 500
187 500
187 500
187 500
Total tax
66 918
62 799
86 449
82 535
After tax
120 582
124 701
101 051
104 965
Living cost
25 649
25 649
25 649
25 649
Free-cash
94 933
99 052
75 402
79 316

Estimated living cost  is ₽25649 per week

₽17313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118726
₽115101
₽118861
₽114789
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
income
-
-
-
64 351
pensions
-
-
-
1 385
health
-
-
-
1 004
total
-
-
-
66 740
Employee
2 893
-
185 941
-
health
145
-
346
-
pensions
260
-
623
-
unemployment
29
-
69
-
income
560
-
64 278
-
total
994
-
65 316
-
Employer
2 893
-
185 941
-
unemployment
58
-
139
-
health
275
-
658
-
pensions
318
-
762
-
total
651
-
1 559
-
Corporate
183 956
187 500
-
-
income
40 470
41 250
-
-
total
40 470
41 250
-
-
Dividends
143 486
146 250
-
-
withholding
28 697
29 250
-
-
total
28 697
29 250
-
-
Income
187 500
187 500
187 500
187 500
Total tax
70 812
70 500
66 875
66 740
After tax
116 688
117 000
120 625
120 760
Living cost
1 899
1 899
1 899
1 899
Free-cash
114 789
115 101
118 726
118 861

Estimated living cost  is ₽1899 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102328
₽119336
₽102329
₽114747
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
187 500
unemployment
-
-
-
1 034
income
-
-
-
42 978
pensions
-
-
-
17 925
health
-
-
-
7 101
total
-
-
-
69 038
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.

24 328
-
175 159
-
health
1 253
-
3 551
-
pensions
3 406
-
9 652
-
unemployment
182
-
517
-
income
3 353
-
42 978
-
total
8 194
-
56 698
-
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.

24 328
-
175 159
-
unemployment
182
-
517
-
health
1 253
-
3 551
-
pensions
2 919
-
8 273
-
total
4 354
-
12 341
-
Corporate
158 817
187 500
-
-
income
23 823
28 125
-
-
total
23 823
28 125
-
-
Dividends
134 995
159 375
-
-
withholding
20 249
23 906
-
-
total
20 249
23 906
-
-
Income
187 500
187 500
187 500
187 500
Total tax
56 620
52 031
69 039
69 038
After tax
130 880
135 469
118 461
118 462
Living cost
16 133
16 133
16 133
16 133
Free-cash
114 747
119 336
102 328
102 329

Estimated living cost  is ₽16133 per week

₽10863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59563
₽81505
₽73780
₽81168
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
187 500
surtax
-
-
-
-
social contributions

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

-
-
-
65 157
income
-
-
-
23 417
total
-
-
-
88 574
Employee
36 201
-
151 515
-
social contributions
3 983
-
16 667
-
surtax
-
-
-
-
income
7 074
-
50 139
-
total
11 057
-
66 806
-
Employer
36 201
-
151 515
-
social contributions
8 597
-
35 985
-
total
8 597
-
35 985
-
Corporate
142 702
187 500
-
-
surtax
-
-
-
-
income
29 967
39 374
-
-
total
29 967
39 374
-
-
Dividends
112 735
148 126
-
-
withholding
31 565
41 475
-
-
total
31 565
41 475
-
-
Income
187 500
187 500
187 500
187 500
Total tax
81 186
80 849
102 791
88 574
After tax
106 314
106 651
84 709
98 926
Living cost
25 146
25 146
25 146
25 146
Free-cash
81 168
81 505
59 563
73 780

Estimated living cost  is ₽25146 per week

₽17810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68271
₽91921
₽72185
₽85817
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
605
income
-
-
-
56 599
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
82 535
Employee
45 047
-
159 939
-
pensions
2 117
-
4 064
-
unemployment
697
-
1 340
-
other
44
-
87
-
income
9 409
-
53 397
-
total
12 267
-
58 888
-
Employer
45 047
-
159 939
-
unemployment
2 478
-
4 754
-
accident
892
-
1 712
-
pensions
10 631
-
20 403
-
other
361
-
692
-
total
14 362
-
27 561
-
Corporate
128 091
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.

19 214
28 126
-
-
total
19 214
28 126
-
-
Dividends
108 878
159 374
-
-
withholding
23 060
34 673
-
-
total
23 060
34 673
-
-
Income
187 500
187 500
187 500
187 500
Total tax
68 903
62 799
86 449
82 535
After tax
118 597
124 701
101 051
104 965
Living cost
32 780
32 780
32 780
32 780
Free-cash
85 817
91 921
68 271
72 185

Estimated living cost  is ₽32780 per week

₽23541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142221
₽144261
₽134621
₽138573
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
unemployment
-
-
-
130
income
-
-
-
28 125
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
36 827
Employee
21 255
-
181 105
-
health
978
-
1 499
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 866
-
2 862
-
income
2 126
-
18 111
-
total
5 204
-
22 831
-
Employer
21 255
-
181 105
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 467
-
2 249
-
pensions

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

2 342
-
3 592
-
total
4 171
-
6 396
-
Corporate
162 075
187 500
-
-
income
16 207
18 750
-
-
total
16 207
18 750
-
-
Dividends
145 867
168 750
-
-
withholding
7 293
8 437
-
-
total
7 293
8 437
-
-
Income
187 500
187 500
187 500
187 500
Total tax
32 875
27 187
29 227
36 827
After tax
154 625
160 313
158 273
150 673
Living cost
16 052
16 052
16 052
16 052
Free-cash
138 573
144 261
142 221
134 621

Estimated living cost  is ₽16052 per week

₽10617
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.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81257
₽60449
₽60574
₽72648
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
187 500
surtax

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

-
-
-
3 329
trade
-
-
-
20 683
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.

-
-
-
60 532
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.

-
-
-
6 372
total
-
-
-
90 916
Employee

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

46 409
-
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.

6 372
-
6 372
-
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.

211
-
3 329
-
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.

3 816
-
60 532
-
total
10 399
-
70 233
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 091
187 500
-
-
chamber of commerce
349
416
-
-
trade
20 247
26 906
-
-
surtax

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

1 165
1 547
-
-
income
21 164
28 126
-
-
total
42 925
56 995
-
-
Dividends
98 166
130 505
-
-
withholding
24 187
32 271
-
-
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.

1 331
1 775
-
-
total
25 518
34 046
-
-
Income
187 500
187 500
187 500
187 500
Total tax
78 842
91 041
70 233
90 916
After tax
108 658
96 459
117 267
96 584
Living cost
36 010
36 010
36 010
36 010
Free-cash
72 648
60 449
81 257
60 574

Estimated living cost  is ₽36010 per week

₽24841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42967
₽78118
₽42967
₽80178
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
59 583
social contributions
-
-
-
31 818
total
-
-
-
91 401
Employee
72 960
-
187 500
-
social contributions
6 061
-
31 818
-
income
13 767
-
59 583
-
total
19 828
-
91 401
-
Employer
72 960
-
187 500
-
total
-
-
-
-
Corporate
114 540
187 500
-
-
income
14 318
23 437
-
-
total
14 318
23 437
-
-
Dividends
100 222
164 063
-
-
withholding
20 044
32 813
-
-
total
20 044
32 813
-
-
Income
187 500
187 500
187 500
187 500
Total tax
54 190
56 250
91 401
91 401
After tax
133 310
131 250
96 099
96 099
Living cost
53 132
53 132
53 132
53 132
Free-cash
80 178
78 118
42 967
42 967

Estimated living cost  is ₽53132 per week

₽40422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98041
₽83088
₽119834
₽86349
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 682
total
-
-
-
33 808
Employee
42 788
-
183 209
-
social contributions
4 287
-
4 291
-
income
4 643
-
47 019
-
total
8 930
-
51 310
-
Employer
42 788
-
183 209
-
social contributions
4 287
-
4 291
-
total
4 287
-
4 291
-
Corporate
140 425
187 500
-
-
income
49 148
65 626
-
-
total
49 148
65 626
-
-
Dividends
91 276
121 874
-
-
social contributions
4 928
4 928
-
-
total
4 928
4 928
-
-
Income
187 500
187 500
187 500
187 500
Total tax
67 293
70 554
55 601
33 808
After tax
120 207
116 946
131 899
153 692
Living cost
33 858
33 858
33 858
33 858
Free-cash
86 349
83 088
98 041
119 834

Estimated living cost  is ₽33858 per week

₽22302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70946
₽85472
₽87794
₽91033
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 932
pensions
-
-
-
8 892
total
-
-
-
64 824
Employee
47 881
-
163 588
-
health
625
-
2 286
-
pensions
3 654
-
10 774
-
income
8 719
-
44 700
-
total
12 998
-
57 760
-
Employer
47 881
-
163 588
-
health
910
-
3 108
-
pensions
4 837
-
20 804
-
total
5 747
-
23 912
-
Corporate
133 872
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.

25 437
35 624
-
-
total
25 437
35 624
-
-
Dividends
108 435
151 876
-
-
withholding
17 403
31 522
-
-
total
17 403
31 522
-
-
Income
187 500
187 500
187 500
187 500
Total tax
61 585
67 146
81 672
64 824
After tax
125 915
120 354
105 828
122 676
Living cost
34 882
34 882
34 882
34 882
Free-cash
91 033
85 472
70 946
87 794

Estimated living cost  is ₽34882 per week

₽23929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and 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

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
₽80022
-₽7367
₽105547
₽11729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
351
income
-
-
-
52 805
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
59 399
Employee
35 478
-
170 063
-
health
4 062
-
19 472
-
pensions
3 995
-
7 223
-
income
4 867
-
40 792
-
total
12 924
-
67 487
-
Employer
35 478
-
170 063
-
unemployment
869
-
4 166
-
accident
592
-
2 840
-
pensions
5 768
-
10 431
-
total
7 229
-
17 437
-
Corporate
144 792
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.

130 313
168 750
-
-
total
130 313
168 750
-
-
Dividends
14 479
18 750
-
-
withholding
2 751
3 563
-
-
total
2 751
3 563
-
-
Income
187 500
187 500
187 500
187 500
Total tax
153 217
172 313
84 924
59 399
After tax
34 283
15 187
102 576
128 101
Living cost
22 554
22 554
22 554
22 554
Free-cash
11 729
-7 367
80 022
105 547

Estimated living cost  is ₽22554 per week

₽16552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123106
₽130830
₽102582
₽140807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
187 500
unemployment
-
-
-
1 791
health insurance
-
-
-
11 046
income
-
-
-
31 263
pensions
-
-
-
27 465
work injury
-
-
-
746
total
-
-
-
72 311
Employee

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

20 172
-
187 500
-
pensions
3 712
-
13 732
-
unemployment
242
-
896
-
work injury
101
-
373
-
health insurance
1 493
-
5 523
-
income
2 017
-
31 263
-
total
7 565
-
51 787
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
167 328
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
165 655
168 750
-
-
withholding
24 848
25 313
-
-
total
24 848
25 313
-
-
Income
187 500
187 500
187 500
187 500
Total tax
34 086
44 063
51 787
72 311
After tax
153 414
143 437
135 713
115 189
Living cost
12 607
12 607
12 607
12 607
Free-cash
140 807
130 830
123 106
102 582

Estimated living cost  is ₽12607 per week

₽7810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41756
₽61604
₽49552
₽57361
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
187 500
municipal
-
-
-
1 267
social contributions
-
-
-
46 683
national
-
-
-
48 462
regional
-
-
-
4 378
total
-
-
-
100 790
Employee
78 598
-
187 500
-
social contributions
26 503
-
61 202
-
national
13 282
-
42 348
-
regional
1 187
-
3 900
-
municipal
469
-
1 136
-
total
41 441
-
108 586
-
Employer
78 598
-
187 500
-
total
-
-
-
-
Corporate
108 902
187 500
-
-
municipal
5 250
9 038
-
-
nationa
26 136
45 000
-
-
total
31 386
54 038
-
-
Dividends
77 516
133 463
-
-
withholding
20 154
34 700
-
-
total
20 154
34 700
-
-
Income
187 500
187 500
187 500
187 500
Total tax
92 981
88 738
108 586
100 790
After tax
94 519
98 762
78 914
86 710
Living cost
37 158
37 158
37 158
37 158
Free-cash
57 361
61 604
41 756
49 552

Estimated living cost  is ₽37158 per week

₽26101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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