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
₽ 188500
per

Your estimated
City
free-cash

Dresden , Germany
₽66693
₽66720
₽77060
₽89538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
188 500
trade
-
-
-
22 845
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.

-
-
-
6 386
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.

-
-
-
3 351
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.

-
-
-
60 913
total
-
-
-
93 495
Employee

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

35 751
-
188 500
-
surtax

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

55
-
3 351
-
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.

999
-
60 913
-
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.

6 386
-
6 386
-
total
7 440
-
70 650
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
152 749
188 500
-
-
trade
24 058
29 688
-
-
income
22 912
28 275
-
-
chamber of commerce
362
413
-
-
surtax

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

1 259
1 556
-
-
total
48 591
59 932
-
-
Dividends
104 157
128 568
-
-
withholding
25 685
31 787
-
-
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.

1 412
1 749
-
-
total
27 097
33 536
-
-
Income
188 500
188 500
188 500
188 500
Total tax
83 128
93 468
70 650
93 495
After tax
105 372
95 032
117 850
95 005
Living cost
28 312
28 312
28 312
28 312
Free-cash
77 060
66 720
89 538
66 693

Estimated living cost  is ₽28312 per week

₽17809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60091
₽68051
₽67227
₽61102
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
municipal
-
-
-
20 765
pensions
-
-
-
22 620
social contributions
-
-
-
2 026
national
-
-
-
33 425
total
-
-
-
78 836
Employee
76 847
-
162 957
-
municipal
9 492
-
21 495
-
national
14 708
-
35 023
-
pensions
3 074
-
6 518
-
total
27 274
-
63 036
-
Employer
76 847
-
162 957
-
pensions
6 148
-
13 037
-
social contributions
826
-
1 752
-
total
6 974
-
14 789
-
Corporate
99 607
188 500
-
-
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%.

19 921
37 700
-
-
total
19 921
37 700
-
-
Dividends
79 686
150 800
-
-
withholding
17 531
33 176
-
-
total
17 531
33 176
-
-
Income
188 500
188 500
188 500
188 500
Total tax
71 700
70 876
77 825
78 836
After tax
116 800
117 624
110 675
109 664
Living cost
49 573
49 573
49 573
49 573
Free-cash
67 227
68 051
61 102
60 091

Estimated living cost  is ₽49573 per week

₽33694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽742
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10529
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47653
₽131353
₽123687
₽61363
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
188 500
surtax
-
-
-
48 067
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.

-
-
-
35 813
income
-
-
-
37 521
microenterprise
-
-
-
-
total
-
-
-
121 401
Employee
27 313
-
145 643
-
social contributions

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

3 005
-
12 253
-
surtax
-
-
21 119
-
income
4 862
-
31 462
-
total
7 867
-
64 834
-
Employer
27 313
-
145 643
-
surtax
-
-
16 021
-
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.

6 579
-
26 836
-
total
6 579
-
42 857
-
Corporate
154 608
188 500
-
-
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%.

30 921
37 701
-
-
total
30 921
37 701
-
-
Dividends

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

123 687
150 799
-
-
total
-
-
-
-
Income
188 500
188 500
188 500
188 500
Total tax
45 367
37 701
107 691
121 401
After tax
143 133
150 799
80 809
67 099
Living cost
19 446
19 446
19 446
19 446
Free-cash
123 687
131 353
61 363
47 653

Estimated living cost  is ₽19446 per week

₽12406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63251
₽54523
₽48796
₽81201
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
pensions
-
-
-
10 951
health
-
-
-
11 526
income
-
-
-
63 615
total
-
-
-
86 092
Employee
79 821
79 821
171 129
-
pensions
14 368
10 951
10 951
-
income

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

13 065
13 065
28 294
-
health
12 252
10 421
11 526
-
total
39 685
34 437
50 771
-
Employer
79 821
79 821
171 129
-
pensions
5 556
5 556
6 905
-
unemployment
2 874
2 874
3 571
-
health
5 548
5 548
6 895
-
total
13 978
13 978
17 371
-
Corporate
95 680
94 701
-
-
income
19 136
18 941
-
-
total
19 136
18 941
-
-
Dividends
76 544
75 760
-
-
withholding
11 482
11 365
-
-
income
16 266
16 099
-
-
total
27 748
27 464
-
-
Income
188 500
188 500
188 500
188 500
Total tax
100 547
94 820
68 142
86 092
After tax
87 953
93 680
120 358
102 408
Living cost
39 157
39 157
39 157
39 157
Free-cash
48 796
54 523
81 201
63 251

Estimated living cost  is ₽39157 per week

₽27749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57114
₽64373
₽63508
₽56179
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
municipal
-
-
-
48 912
pensions
-
-
-
9 133
health
-
-
-
5 272
other
-
-
-
9 817
unemployment
-
-
-
85
accident
-
-
-
169
national
-
-
-
19 450
total
-
-
-
92 838
Employee
54 927
-
161 956
-
municipal
16 379
-
48 295
-
national
-
-
18 933
-
total
16 379
-
67 228
-
Employer
54 927
-
161 956
-
pensions
5 937
-
9 133
-
other
6 383
-
9 817
-
unemployment
1 450
-
2 230
-
accident
110
-
169
-
health
3 378
-
5 196
-
total
17 258
-
26 545
-
Corporate
116 315
188 500
-
-
income
25 589
41 470
-
-
total
25 589
41 470
-
-
Dividends
90 726
147 030
-
-
withholding
27 218
44 109
-
-
total
27 218
44 109
-
-
Income
188 500
188 500
188 500
188 500
Total tax
86 444
85 579
93 773
92 838
After tax
102 056
102 921
94 727
95 662
Living cost
38 548
38 548
38 548
38 548
Free-cash
63 508
64 373
56 179
57 114

Estimated living cost  is ₽38548 per week

₽25548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57270
₽57343
₽70477
₽81130
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
188 500
trade
-
-
-
23 860
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.

-
-
-
6 386
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.

-
-
-
3 351
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.

-
-
-
60 913
total
-
-
-
94 510
Employee

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

47 402
-
188 500
-
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.

223
-
3 351
-
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.

4 073
-
60 913
-
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.

6 386
-
6 386
-
total
10 682
-
70 650
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 098
188 500
-
-
trade
23 210
31 008
-
-
income
21 165
28 275
-
-
chamber of commerce
342
410
-
-
surtax

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

1 164
1 556
-
-
total
45 881
61 249
-
-
Dividends
95 217
127 252
-
-
withholding
23 450
31 459
-
-
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.

1 290
1 729
-
-
total
24 740
33 188
-
-
Income
188 500
188 500
188 500
188 500
Total tax
81 303
94 437
70 650
94 510
After tax
107 197
94 063
117 850
93 990
Living cost
36 720
36 720
36 720
36 720
Free-cash
70 477
57 343
81 130
57 270

Estimated living cost  is ₽36720 per week

₽24558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽97328
₽107119
₽103238
₽95733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
health
-
-
-
4 807
social contributions
-
-
-
15 123
income
-
-
-
40 924
total
-
-
-
60 854
Employee
71 876
71 876
177 176
-
social contributions
3 493
5 965
8 046
-
income
7 548
6 654
40 067
-
health
715
1 222
3 012
-
total
11 756
13 841
51 125
-
Employer
71 876
71 876
177 176
-
social contributions
3 493
5 965
8 046
-
health
779
1 330
3 278
-
total
4 272
7 295
11 324
-
Corporate
142 156
109 329
-
-
income
17 770
13 665
-
-
total
17 770
13 665
-
-
Dividends
124 386
95 663
-
-
withholding
21 146
16 262
-
-
total
21 146
16 262
-
-
Income
188 500
188 500
188 500
188 500
Total tax
54 944
51 063
62 449
60 854
After tax
133 556
137 437
126 051
127 646
Living cost
30 318
30 318
30 318
30 318
Free-cash
103 238
107 119
95 733
97 328

Estimated living cost  is ₽30318 per week

₽20725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113400
₽88661
₽89019
₽92092
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
pensions
-
-
-
18 850
health
-
-
-
13 195
unemployment
-
-
-
2 828
income
-
-
-
23 044
total
-
-
-
57 917
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.

24 804
9 872
157 741
-
pensions
2 480
987
15 774
-
unemployment
372
148
2 366
-
income
3 032
1 207
19 284
-
health
1 736
691
11 042
-
total
7 620
3 033
48 466
-
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.

24 804
9 872
157 741
-
pensions
4 837
1 925
30 759
-
total
4 837
1 925
30 759
-
Corporate
158 859
176 703
-
-
income
14 297
15 903
-
-
total
14 297
15 903
-
-
Dividends
144 562
160 800
-
-
withholding
27 467
30 552
-
-
social contributions
28 077
31 243
-
-
total
55 544
61 795
-
-
Income
188 500
188 500
188 500
188 500
Total tax
82 298
82 656
79 225
57 917
After tax
106 202
105 844
109 275
130 583
Living cost
17 183
17 183
17 183
17 183
Free-cash
89 019
88 661
92 092
113 400

Estimated living cost  is ₽17183 per week

₽11726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽343
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78458
₽128222
₽122416
₽86071
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
pensions
-
-
-
37 701
health
-
-
-
24 505
income
-
-
-
25 259
total
-
-
-
87 465
Employee
26 517
-
140 882
-
pensions
530
-
2 817
-
unemployment
424
-
2 255
-
income
2 985
-
27 162
-
total
3 939
-
32 234
-
Employer
26 517
-
140 882
-
pensions
5 304
-
28 177
-
unemployment
213
-
1 126
-
health
3 447
-
18 315
-
total
8 964
-
47 618
-
Corporate
153 020
188 500
-
-
income
30 604
37 701
-
-
total
30 604
37 701
-
-
Dividends
122 417
150 799
-
-
total
-
-
-
-
Income
188 500
188 500
188 500
188 500
Total tax
43 507
37 701
79 852
87 465
After tax
144 993
150 799
108 648
101 035
Living cost
22 577
22 577
22 577
22 577
Free-cash
122 416
128 222
86 071
78 458

Estimated living cost  is ₽22577 per week

₽15485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
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.
₽5293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107869
-₽5646
₽12060
₽82214
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
pensions
-
-
-
3 956
health
-
-
-
2 073
other
-
-
-
352
accident
-
-
-
240
income
-
-
-
53 095
total
-
-
-
59 716
Employee
32 900
-
170 982
-
pensions
3 705
-
7 253
-
income
4 514
-
41 023
-
health
3 767
-
19 577
-
total
11 986
-
67 853
-
Employer
32 900
-
170 982
-
pensions
5 350
-
10 474
-
unemployment
806
-
4 189
-
accident
549
-
2 855
-
total
6 705
-
17 518
-
Corporate
148 895
188 500
-
-
income

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

134 005
169 650
-
-
total
134 005
169 650
-
-
Dividends
14 889
18 850
-
-
withholding
2 829
3 581
-
-
total
2 829
3 581
-
-
Income
188 500
188 500
188 500
188 500
Total tax
155 525
173 231
85 371
59 716
After tax
32 975
15 269
103 129
128 784
Living cost
20 915
20 915
20 915
20 915
Free-cash
12 060
-5 646
82 214
107 869

Estimated living cost  is ₽20915 per week

₽15329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178977
₽171437
₽170005
₽143162
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
188 500
microenterprise

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

-
-
-
1 885
total
-
-
-
1 885
Employee
9 547
-
188 500
-
income
1 909
-
37 700
-
total
1 909
-
37 700
-
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%.

178 953
188 500
-
-
total
-
-
-
-
Dividends
178 953
188 500
-
-
withholding
8 948
9 425
-
-
total
8 948
9 425
-
-
Income
188 500
188 500
188 500
188 500
Total tax
10 857
9 425
37 700
1 885
After tax
177 643
179 075
150 800
186 615
Living cost
7 638
7 638
7 638
7 638
Free-cash
170 005
171 437
143 162
178 977

Estimated living cost  is ₽7638 per week

₽4733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85085
₽113584
₽107272
₽83477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
pensions

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

-
-
-
34 114
health
-
-
-
6 254
other
-
-
-
6 751
income
-
-
-
31 389
total
-
-
-
78 508
Employee
33 939
-
152 598
-
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.

2 375
-
9 949
-
unemployment
339
-
1 421
-
income
5 843
-
30 854
-
health
475
-
1 990
-
total
9 032
-
44 214
-
Employer
33 939
-
152 598
-
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.

5 770
-
24 165
-
other
1 698
-
7 106
-
unemployment
339
-
1 421
-
accident
271
-
1 220
-
health
475
-
1 990
-
total
8 553
-
35 902
-
Corporate
146 008
188 500
-
-
income
30 662
39 584
-
-
total
30 662
39 584
-
-
Dividends
115 346
148 916
-
-
withholding
8 074
10 425
-
-
total
8 074
10 425
-
-
Income
188 500
188 500
188 500
188 500
Total tax
56 321
50 009
80 116
78 508
After tax
132 179
138 491
108 384
109 992
Living cost
24 907
24 907
24 907
24 907
Free-cash
107 272
113 584
83 477
85 085

Estimated living cost  is ₽24907 per week

₽17598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61303
₽58848
₽66283
₽44386
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
pensions
-
-
-
8 824
income
-
-
-
56 620
total
-
-
-
65 444
Employee
87 372
-
164 427
-
pensions
8 429
-
10 664
-
income
15 750
-
45 340
-
health
1 440
-
2 284
-
total
25 619
-
58 288
-
Employer
87 372
-
164 427
-
pensions
10 316
-
20 949
-
health
1 659
-
3 124
-
total
11 975
-
24 073
-
Corporate
89 153
188 500
-
-
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.

16 939
35 815
-
-
total
16 939
35 815
-
-
Dividends
72 214
152 685
-
-
withholding
5 931
32 084
-
-
total
5 931
32 084
-
-
Income
188 500
188 500
188 500
188 500
Total tax
60 464
67 899
82 361
65 444
After tax
128 036
120 601
106 139
123 056
Living cost
61 753
61 753
61 753
61 753
Free-cash
66 283
58 848
44 386
61 303

Estimated living cost  is ₽61753 per week

₽46273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7723
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽139240
₽148906
₽144560
₽146890
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
pensions

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

-
-
-
4 835
health
-
-
-
3 757
unemployment
-
-
-
131
income
-
-
-
28 275
total
-
-
-
36 998
Employee
16 236
-
182 091
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 426
-
2 868
-
income
1 623
-
18 209
-
health
747
-
1 503
-
total
3 975
-
22 939
-
Employer
16 236
-
182 091
-
pensions

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

1 789
-
3 600
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
health
1 121
-
2 254
-
total
3 186
-
6 409
-
Corporate
169 078
188 500
-
-
income
16 908
18 850
-
-
total
16 908
18 850
-
-
Dividends
152 171
169 650
-
-
withholding
7 609
8 482
-
-
total
7 609
8 482
-
-
Income
188 500
188 500
188 500
188 500
Total tax
31 678
27 332
29 348
36 998
After tax
156 822
161 168
159 152
151 502
Living cost
12 262
12 262
12 262
12 262
Free-cash
144 560
148 906
146 890
139 240

Estimated living cost  is ₽12262 per week

₽7158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽325
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50576
₽41848
₽44201
₽68526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
pensions
-
-
-
10 951
health
-
-
-
11 526
income
-
-
-
63 615
total
-
-
-
86 092
Employee
86 660
79 821
171 129
-
pensions
10 951
10 951
10 951
-
income

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

13 065
13 065
28 294
-
health
10 811
10 421
11 526
-
total
34 827
34 437
50 771
-
Employer
86 660
79 821
171 129
-
pensions
6 031
5 556
6 905
-
unemployment
3 120
2 874
3 571
-
health
6 022
5 548
6 895
-
total
15 173
13 978
17 371
-
Corporate
86 666
94 701
-
-
income
17 334
18 941
-
-
total
17 334
18 941
-
-
Dividends
69 333
75 760
-
-
withholding
10 400
11 365
-
-
income
14 733
16 099
-
-
total
25 133
27 464
-
-
Income
188 500
188 500
188 500
188 500
Total tax
92 467
94 820
68 142
86 092
After tax
96 033
93 680
120 358
102 408
Living cost
51 832
51 832
51 832
51 832
Free-cash
44 201
41 848
68 526
50 576

Estimated living cost  is ₽51832 per week

₽38234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85896
₽106554
₽98268
₽77948
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
health
-
-
-
25 447
social contributions
-
-
-
33 424
solidarity contribution
-
-
-
1 061
income
-
-
-
19 444
total
-
-
-
79 376
Employee
34 159
-
146 682
-
social contributions
2 220
-
7 440
-
income
4 099
-
17 916
-
solidarity contribution
-
-
348
-
health
4 612
-
19 802
-
total
10 931
-
45 506
-
Employer
34 159
-
146 682
-
social contributions
8 540
-
28 617
-
health
3 074
-
13 201
-
total
11 614
-
41 818
-
Corporate
142 727
188 500
-
-
income
27 118
35 815
-
-
total
27 118
35 815
-
-
Dividends
115 609
152 685
-
-
withholding
17 341
22 903
-
-
total
17 341
22 903
-
-
Income
188 500
188 500
188 500
188 500
Total tax
67 004
58 718
87 324
79 376
After tax
121 496
129 782
101 176
109 124
Living cost
23 228
23 228
23 228
23 228
Free-cash
98 268
106 554
77 948
85 896

Estimated living cost  is ₽23228 per week

₽16135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50039
₽61132
₽56249
₽41996
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
municipal
-
-
-
1 133
regional
-
-
-
2 280
social contributions
-
-
-
46 782
national
-
-
-
48 824
total
-
-
-
99 019
Employee
83 072
-
188 500
-
social contributions
28 012
-
61 333
-
municipal
440
-
1 018
-
regional
784
-
2 028
-
national
14 394
-
42 683
-
total
43 630
-
107 062
-
Employer
83 072
-
188 500
-
total
-
-
-
-
Corporate
105 428
188 500
-
-
nationa
25 303
45 239
-
-
municipal
4 112
7 351
-
-
total
29 415
52 590
-
-
Dividends
76 013
135 910
-
-
withholding
19 764
35 336
-
-
total
19 764
35 336
-
-
Income
188 500
188 500
188 500
188 500
Total tax
92 809
87 926
107 062
99 019
After tax
95 691
100 574
81 438
89 481
Living cost
39 442
39 442
39 442
39 442
Free-cash
56 249
61 132
41 996
50 039

Estimated living cost  is ₽39442 per week

₽27494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8756
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68261
₽97940
₽95032
₽62546
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
pensions
-
-
-
24 950
health
-
-
-
8 857
surtax
-
-
-
9 204
other
-
-
-
-
unemployment
-
-
-
213
income
-
-
-
56 389
total
-
-
-
99 613
Employee
30 911
-
162 241
-
surtax
101
-
8 087
-
pensions
2 061
-
8 321
-
other
-
-
-
-
unemployment
2 152
-
8 683
-
income
5 181
-
50 798
-
health
789
-
3 180
-
total
10 284
-
79 069
-
Employer
30 911
-
162 241
-
pensions
4 121
-
16 629
-
other
-
-
-
-
unemployment
979
-
3 954
-
health
1 407
-
5 676
-
total
6 507
-
26 259
-
Corporate
151 083
188 500
-
-
income
39 281
49 010
-
-
total
39 281
49 010
-
-
Dividends
111 802
139 490
-
-
withholding
16 770
20 924
-
-
total
16 770
20 924
-
-
Income
188 500
188 500
188 500
188 500
Total tax
72 842
69 934
105 328
99 613
After tax
115 658
118 566
83 172
88 887
Living cost
20 626
20 626
20 626
20 626
Free-cash
95 032
97 940
62 546
68 261

Estimated living cost  is ₽20626 per week

₽12612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80868
₽78413
₽84513
₽63951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
pensions
-
-
-
8 824
income
-
-
-
56 620
total
-
-
-
65 444
Employee
58 554
-
164 427
-
pensions
4 970
-
10 664
-
income
10 546
-
45 340
-
health
850
-
2 284
-
total
16 366
-
58 288
-
Employer
58 554
-
164 427
-
pensions
6 339
-
20 949
-
health
1 112
-
3 124
-
total
7 451
-
24 073
-
Corporate
122 495
188 500
-
-
income

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

23 274
35 815
-
-
total
23 274
35 815
-
-
Dividends
99 221
152 685
-
-
withholding
14 708
32 084
-
-
total
14 708
32 084
-
-
Income
188 500
188 500
188 500
188 500
Total tax
61 799
67 899
82 361
65 444
After tax
126 701
120 601
106 139
123 056
Living cost
42 188
42 188
42 188
42 188
Free-cash
84 513
78 413
63 951
80 868

Estimated living cost  is ₽42188 per week

₽31607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽76695
₽11650
₽43549
₽68583
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
regional
-
-
-
9 851
city
-
-
-
1 987
pensions
-
-
-
17 341
health
-
-
-
425
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.

-
-
-
3 770
national
-
-
-
3 886
total
-
-
-
37 260
Employee
87 237
-
168 933
-
regional
2 857
-
8 570
-
national
413
-
2 948
-
pensions
7 329
-
13 948
-
unemployment
-
-
-
-
city
936
-
1 817
-
health
197
-
381
-
total
11 732
-
27 664
-
Employer
87 237
-
168 933
-
pensions
7 329
-
13 948
-
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.

1 744
-
3 379
-
unemployment
-
-
-
-
health
197
-
381
-
total
9 270
-
17 708
-
Corporate
91 033
188 500
-
-
regional
19 253
39 868
-
-
national
7 737
16 023
-
-
total
26 990
55 891
-
-
Dividends
64 043
132 609
-
-
withholding
22 414
46 414
-
-
total
22 414
46 414
-
-
Income
188 500
188 500
188 500
188 500
Total tax
70 406
102 305
45 372
37 260
After tax
118 094
86 195
143 128
151 240
Living cost
74 545
74 545
74 545
74 545
Free-cash
43 549
11 650
68 583
76 695

Estimated living cost  is ₽74545 per week

₽48476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽915
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽50156
₽50272
₽65430
₽75030
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
188 500
trade
-
-
-
24 874
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.

-
-
-
6 386
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.

-
-
-
3 351
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.

-
-
-
60 913
total
-
-
-
95 524
Employee

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

56 175
-
188 500
-
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.

364
-
3 351
-
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.

6 606
-
60 913
-
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.

6 386
-
6 386
-
total
13 356
-
70 650
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
132 325
188 500
-
-
trade
22 694
32 328
-
-
income
19 849
28 275
-
-
chamber of commerce
328
408
-
-
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.

1 091
1 556
-
-
total
43 962
62 567
-
-
Dividends
88 363
125 934
-
-
withholding
21 736
31 129
-
-
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.

1 196
1 712
-
-
total
22 932
32 841
-
-
Income
188 500
188 500
188 500
188 500
Total tax
80 250
95 408
70 650
95 524
After tax
108 250
93 092
117 850
92 976
Living cost
42 820
42 820
42 820
42 820
Free-cash
65 430
50 272
75 030
50 156

Estimated living cost  is ₽42820 per week

₽31274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73057
₽63022
₽68546
₽68911
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
pensions
-
-
-
31 338
health
-
-
-
8 715
surtax
-
-
-
-
other
-
-
-
5 843
social contributions
-
-
-
5 371
income
-
-
-
32 196
total
-
-
-
83 463
Employee
40 005
-
144 731
-
social contributions
1 141
-
4 124
-
surtax
-
-
-
-
pensions
4 523
-
10 542
-
income
2 361
-
29 179
-
total
8 025
-
43 845
-
Employer
40 005
-
144 731
-
pensions
6 572
-
17 661
-
social contributions
121
-
435
-
other
1 380
-
5 849
-
unemployment
1 619
-
5 862
-
health
2 801
-
13 957
-
total
12 493
-
43 764
-
Corporate
136 002
188 500
-
-
income
38 080
52 780
-
-
surtax
-
-
-
-
total
38 080
52 780
-
-
Dividends
97 922
135 720
-
-
withholding
12 534
17 373
-
-
surtax
-
-
-
-
social contributions
16 842
23 345
-
-
total
29 376
40 718
-
-
Income
188 500
188 500
188 500
188 500
Total tax
87 974
93 498
87 609
83 463
After tax
100 526
95 002
100 891
105 037
Living cost
31 980
31 980
31 980
31 980
Free-cash
68 546
63 022
68 911
73 057

Estimated living cost  is ₽31980 per week

₽20165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
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.
₽8672
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76226
₽66191
₽71388
₽72080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
pensions
-
-
-
31 338
health
-
-
-
8 715
surtax
-
-
-
-
other
-
-
-
5 843
social contributions
-
-
-
5 371
income
-
-
-
32 196
total
-
-
-
83 463
Employee
35 710
-
144 731
-
social contributions
1 018
-
4 124
-
surtax
-
-
-
-
pensions
4 039
-
10 542
-
income
1 841
-
29 179
-
total
6 898
-
43 845
-
Employer
35 710
-
144 731
-
pensions
5 868
-
17 661
-
social contributions
106
-
435
-
other
1 233
-
5 849
-
unemployment
1 446
-
5 862
-
health
2 499
-
13 957
-
total
11 152
-
43 764
-
Corporate
141 638
188 500
-
-
income
39 659
52 780
-
-
surtax
-
-
-
-
total
39 659
52 780
-
-
Dividends
101 979
135 720
-
-
withholding
13 053
17 373
-
-
surtax
-
-
-
-
social contributions
17 539
23 345
-
-
total
30 592
40 718
-
-
Income
188 500
188 500
188 500
188 500
Total tax
88 301
93 498
87 609
83 463
After tax
100 199
95 002
100 891
105 037
Living cost
28 811
28 811
28 811
28 811
Free-cash
71 388
66 191
72 080
76 226

Estimated living cost  is ₽28811 per week

₽16709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101234
₽95182
₽95668
₽96646
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
health
-
-
-
13 158
social contributions
-
-
-
26 013
income
-
-
-
28 275
total
-
-
-
67 446
Employee
31 693
-
188 500
-
social contributions
4 374
-
26 013
-
income
5 286
-
32 863
-
health
2 212
-
13 158
-
total
11 872
-
72 034
-
Employer
31 693
-
188 500
-
total
-
-
-
-
Corporate
156 807
188 500
-
-
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%.

7 840
9 424
-
-
total
7 840
9 424
-
-
Dividends
148 967
179 076
-
-
withholding
22 345
26 861
-
-
social contributions
20 557
24 713
-
-
health
10 398
12 500
-
-
total
53 300
64 074
-
-
Income
188 500
188 500
188 500
188 500
Total tax
73 012
73 498
72 034
67 446
After tax
115 488
115 002
116 466
121 054
Living cost
19 820
19 820
19 820
19 820
Free-cash
95 668
95 182
96 646
101 234

Estimated living cost  is ₽19820 per week

₽13265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63878
₽71135
₽69688
₽16712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
pensions
-
-
-
20 202
health
-
-
-
8 353
surtax
-
-
-
184
unemployment
-
-
-
5 733
income
-
-
-
56 460
chamber of commerce
-
-
-
754
total
-
-
-
91 686
Employee
46 713
37 250
153 645
-
pensions
4 784
3 814
11 182
-
other
467
372
1 093
-
unemployment
1 401
1 117
3 276
-
income
5 318
2 748
46 696
-
health
1 808
1 442
4 225
-
total
13 778
9 493
66 472
-
Employer
46 713
37 250
153 645
-
payroll
1 401
1 117
4 610
-
chamber of commerce
186
149
614
-
pensions
5 862
4 676
13 704
-
surtax
184
184
184
-
other
2 219
1 768
6 920
-
unemployment
1 401
1 117
3 276
-
accident
607
484
1 419
-
health
1 765
1 408
4 128
-
total
13 625
10 903
34 855
-
Corporate
128 160
140 345
150 097
-
income

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

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

32 040
35 086
37 525
-
total
32 040
35 086
37 525
-
Dividends
96 120
105 259
-
-
withholding
26 433
28 947
-
-
total
26 433
28 947
-
-
Income
188 500
188 500
188 500
188 500
Total tax
85 876
84 429
138 852
91 686
After tax
102 624
104 071
49 648
96 814
Living cost
32 936
32 936
32 936
32 936
Free-cash
69 688
71 135
16 712
63 878

Estimated living cost  is ₽32936 per week

₽21967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2810
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47796
₽70578
₽57271
₽30952
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
social contributions
-
-
-
23 304
communal

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

-
-
-
9 912
national
-
-
-
73 407
total
-
-
-
106 623
Employee

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

66 861
-
145 998
-
national
20 556
-
54 268
-
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.

5 015
-
10 950
-
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.

582
-
1 270
-
communal

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

3 487
-
7 615
-
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.

3 141
-
6 863
-
total
32 781
-
80 966
-
Employer

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

66 861
-
145 998
-
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.

5 925
-
12 935
-
surtax
7 581
-
16 557
-
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.

976
-
2 132
-
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.

869
-
1 898
-
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.

4 112
-
8 979
-
total
19 463
-
42 501
-
Corporate
102 177
188 500
-
-
income
20 436
38 701
-
-
surtax
408
773
-
-
total
20 844
39 474
-
-
Dividends
81 333
149 026
-
-
withholding

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

24 060
44 367
-
-
total
24 060
44 367
-
-
Income
188 500
188 500
188 500
188 500
Total tax
97 148
83 841
123 467
106 623
After tax
91 352
104 659
65 033
81 877
Living cost
34 081
34 081
34 081
34 081
Free-cash
57 271
70 578
30 952
47 796

Estimated living cost  is ₽34081 per week

₽21953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71761
₽91602
₽85197
₽67839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
pensions
-
-
-
24 518
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
780
income
-
-
-
56 990
total
-
-
-
82 982
Employee
46 528
-
160 880
-
pensions
2 187
-
4 073
-
other
46
-
87
-
unemployment
722
-
1 343
-
income
9 817
-
53 781
-
total
12 772
-
59 284
-
Employer
46 528
-
160 880
-
pensions
10 980
-
20 447
-
other
371
-
694
-
unemployment
2 560
-
4 764
-
accident
921
-
1 715
-
total
14 832
-
27 620
-
Corporate
127 141
188 500
-
-
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.

19 072
28 275
-
-
total
19 072
28 275
-
-
Dividends
108 069
160 225
-
-
withholding
22 870
34 866
-
-
total
22 870
34 866
-
-
Income
188 500
188 500
188 500
188 500
Total tax
69 546
63 141
86 904
82 982
After tax
118 954
125 359
101 596
105 518
Living cost
33 757
33 757
33 757
33 757
Free-cash
85 197
91 602
67 839
71 761

Estimated living cost  is ₽33757 per week

₽24858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2395
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.
₽6017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39730
₽57636
₽45004
₽47243
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
pensions
-
-
-
28 253
health
-
-
-
13 245
surtax
-
-
-
9 344
accident
-
-
-
1 589
communal
-
-
-
11 913
income
-
-
-
33 629
total
-
-
-
97 973
Employee
70 786
-
168 380
-
surtax
4 339
-
10 320
-
pensions
5 662
-
13 470
-
income
6 837
-
39 057
-
health
3 150
-
7 493
-
total
19 988
-
70 340
-
Employer
70 786
-
168 380
-
pensions
5 662
-
13 470
-
accident
637
-
1 515
-
health
2 159
-
5 135
-
total
8 458
-
20 120
-
Corporate
109 257
188 500
-
-
communal
7 375
12 724
-
-
income
16 388
28 275
-
-
surtax
1 148
1 980
-
-
total
24 911
42 979
-
-
Dividends
84 345
145 522
-
-
withholding
12 653
21 828
-
-
income
26 689
15 260
-
-
total
39 342
37 088
-
-
Income
188 500
188 500
188 500
188 500
Total tax
92 699
80 067
90 460
97 973
After tax
95 801
108 433
98 040
90 527
Living cost
50 797
50 797
50 797
50 797
Free-cash
45 004
57 636
47 243
39 730

Estimated living cost  is ₽50797 per week

₽38105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67892
₽97571
₽94599
₽62177
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
pensions
-
-
-
24 950
health
-
-
-
8 857
surtax
-
-
-
9 204
other
-
-
-
-
unemployment
-
-
-
213
income
-
-
-
56 389
total
-
-
-
99 613
Employee
31 478
-
162 241
-
surtax
112
-
8 087
-
pensions
2 100
-
8 321
-
other
-
-
-
-
unemployment
2 191
-
8 683
-
income
5 277
-
50 798
-
health
804
-
3 180
-
total
10 484
-
79 069
-
Employer
31 478
-
162 241
-
pensions
4 197
-
16 629
-
other
-
-
-
-
unemployment
999
-
3 954
-
health
1 431
-
5 676
-
total
6 627
-
26 259
-
Corporate
150 395
188 500
-
-
income
39 102
49 010
-
-
total
39 102
49 010
-
-
Dividends
111 293
139 490
-
-
withholding
16 693
20 924
-
-
total
16 693
20 924
-
-
Income
188 500
188 500
188 500
188 500
Total tax
72 906
69 934
105 328
99 613
After tax
115 594
118 566
83 172
88 887
Living cost
20 995
20 995
20 995
20 995
Free-cash
94 599
97 571
62 177
67 892

Estimated living cost  is ₽20995 per week

₽12676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63706
₽73902
₽71825
₽55705
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
municipal
-
-
-
1 133
regional
-
-
-
2 876
social contributions
-
-
-
46 782
national
-
-
-
48 824
total
-
-
-
99 615
Employee
51 850
-
188 500
-
social contributions
17 484
-
61 333
-
municipal
275
-
1 018
-
regional
698
-
2 582
-
national
8 215
-
42 683
-
total
26 672
-
107 616
-
Employer
51 850
-
188 500
-
total
-
-
-
-
Corporate
136 650
188 500
-
-
nationa
32 796
45 239
-
-
municipal
6 792
9 369
-
-
total
39 588
54 608
-
-
Dividends
97 062
133 892
-
-
withholding
25 236
34 811
-
-
total
25 236
34 811
-
-
Income
188 500
188 500
188 500
188 500
Total tax
91 496
89 419
107 616
99 615
After tax
97 004
99 081
80 884
88 885
Living cost
25 179
25 179
25 179
25 179
Free-cash
71 825
73 902
55 705
63 706

Estimated living cost  is ₽25179 per week

₽15659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6538
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80501
₽101159
₽90948
₽72553
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
health
-
-
-
25 447
social contributions
-
-
-
33 424
solidarity contribution
-
-
-
1 061
income
-
-
-
19 444
total
-
-
-
79 376
Employee
42 093
-
146 682
-
social contributions
2 736
-
7 440
-
income
5 051
-
17 916
-
solidarity contribution
-
-
348
-
health
5 683
-
19 802
-
total
13 470
-
45 506
-
Employer
42 093
-
146 682
-
social contributions
10 523
-
28 617
-
health
3 788
-
13 201
-
total
14 311
-
41 818
-
Corporate
132 095
188 500
-
-
income
25 098
35 815
-
-
total
25 098
35 815
-
-
Dividends
106 997
152 685
-
-
withholding
16 050
22 903
-
-
total
16 050
22 903
-
-
Income
188 500
188 500
188 500
188 500
Total tax
68 929
58 718
87 324
79 376
After tax
119 571
129 782
101 176
109 124
Living cost
28 623
28 623
28 623
28 623
Free-cash
90 948
101 159
72 553
80 501

Estimated living cost  is ₽28623 per week

₽21286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67177
₽74351
₽73886
₽19872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
pensions
-
-
-
20 202
health
-
-
-
8 353
surtax
-
-
-
-
unemployment
-
-
-
5 733
income
-
-
-
56 460
chamber of commerce
-
-
-
754
total
-
-
-
91 502
Employee
40 859
37 250
153 817
-
pensions
4 184
3 814
11 182
-
other
408
372
1 093
-
unemployment
1 226
1 117
3 276
-
income
3 640
2 748
46 779
-
health
1 580
1 442
4 225
-
total
11 038
9 493
66 555
-
Employer
40 859
37 250
153 817
-
payroll
1 226
1 117
4 614
-
chamber of commerce
163
149
616
-
pensions
5 128
4 676
13 704
-
surtax
-
-
-
-
other
1 941
1 768
6 927
-
unemployment
1 226
1 117
3 276
-
accident
530
484
1 419
-
health
1 545
1 408
4 128
-
total
11 759
10 719
34 684
-
Corporate
135 882
140 529
150 269
-
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.

33 970
35 132
37 568
-
total
33 970
35 132
37 568
-
Dividends
101 912
105 397
-
-
withholding
28 026
28 984
-
-
total
28 026
28 984
-
-
Income
188 500
188 500
188 500
188 500
Total tax
84 793
84 328
138 807
91 502
After tax
103 707
104 172
49 693
96 998
Living cost
29 821
29 821
29 821
29 821
Free-cash
73 886
74 351
19 872
67 177

Estimated living cost  is ₽29821 per week

₽17889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174713
₽167173
₽164941
₽138898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
188 500
microenterprise

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

-
-
-
1 885
total
-
-
-
1 885
Employee
14 878
-
188 500
-
income
2 976
-
37 700
-
total
2 976
-
37 700
-
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%.

173 622
188 500
-
-
total
-
-
-
-
Dividends
173 622
188 500
-
-
withholding
8 681
9 425
-
-
total
8 681
9 425
-
-
Income
188 500
188 500
188 500
188 500
Total tax
11 657
9 425
37 700
1 885
After tax
176 843
179 075
150 800
186 615
Living cost
11 902
11 902
11 902
11 902
Free-cash
164 941
167 173
138 898
174 713

Estimated living cost  is ₽11902 per week

₽8054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2949
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64743
₽104711
₽96891
₽60649
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
188 500
pensions
-
-
-
34 424
health
-
-
-
18 547
unemployment
-
-
-
282
income
-
-
-
45 433
total
-
-
-
98 686
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.

41 334
-
163 104
-
pensions
6 407
-
25 280
-
unemployment
59
-
229
-
income
7 128
-
41 339
-
health
2 670
-
10 536
-
total
16 264
-
77 384
-
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.

41 334
-
163 104
-
pensions
3 658
-
14 435
-
unemployment
25
-
98
-
health
2 753
-
10 863
-
total
6 436
-
25 396
-
Corporate
140 731
188 500
-
-
income
26 738
35 815
-
-
total
26 738
35 815
-
-
Dividends
113 993
152 685
-
-
withholding
17 100
22 903
-
-
total
17 100
22 903
-
-
Income
188 500
188 500
188 500
188 500
Total tax
66 538
58 718
102 780
98 686
After tax
121 962
129 782
85 720
89 814
Living cost
25 071
25 071
25 071
25 071
Free-cash
96 891
104 711
60 649
64 743

Estimated living cost  is ₽25071 per week

₽17206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1607
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.
₽5774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89487
₽73901
₽28943
₽135284
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
social contributions
-
-
-
21 489
income
-
-
-
36 742
total
-
-
-
58 231
Employee
58 476
-
-
-
social contributions
4 795
-
683
-
income
12 899
-
-
-
total
17 694
-
683
-
Employer
58 476
-
-
-
social contributions
82 451
-
11 751
-
total
82 451
-
11 751
-
Corporate
47 574
188 500
-
-
income
10 466
41 470
-
-
total
10 466
41 470
-
-
Dividends
37 107
147 030
-
-
income
8 164
32 347
-
-
total
8 164
32 347
-
-
Income
188 500
188 500
188 500
188 500
Total tax
118 775
73 817
12 434
58 231
After tax
69 725
114 683
176 066
130 269
Living cost
40 782
40 782
40 782
40 782
Free-cash
28 943
73 901
135 284
89 487

Estimated living cost  is ₽40782 per week

₽26461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3836
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70101
₽77900
₽76959
₽55810
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
188 500
surtax
-
-
-
-
social contributions

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

-
-
-
65 503
income
-
-
-
23 577
total
-
-
-
89 080
Employee
42 990
-
152 323
-
social contributions
4 729
-
16 755
-
surtax
-
-
-
-
income
8 942
-
50 439
-
total
13 671
-
67 194
-
Employer
42 990
-
152 323
-
social contributions
10 210
-
36 177
-
total
10 210
-
36 177
-
Corporate
135 300
188 500
-
-
income
28 413
39 584
-
-
surtax
-
-
-
-
total
28 413
39 584
-
-
Dividends
106 887
148 916
-
-
withholding
29 928
41 697
-
-
total
29 928
41 697
-
-
Income
188 500
188 500
188 500
188 500
Total tax
82 222
81 281
103 371
89 080
After tax
106 278
107 219
85 129
99 420
Living cost
29 319
29 319
29 319
29 319
Free-cash
76 959
77 900
55 810
70 101

Estimated living cost  is ₽29319 per week

₽21937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5164
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59891
₽49856
₽56282
₽55745
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
pensions
-
-
-
31 338
health
-
-
-
8 715
surtax
-
-
-
-
other
-
-
-
5 843
social contributions
-
-
-
5 371
income
-
-
-
32 196
total
-
-
-
83 463
Employee
58 543
-
144 731
-
social contributions
1 667
-
4 124
-
surtax
-
-
-
-
pensions
6 622
-
10 542
-
income
5 108
-
29 179
-
total
13 397
-
43 845
-
Employer
58 543
-
144 731
-
pensions
9 619
-
17 661
-
social contributions
176
-
435
-
other
2 020
-
5 849
-
unemployment
2 372
-
5 862
-
health
4 097
-
13 957
-
total
18 284
-
43 764
-
Corporate
111 672
188 500
-
-
income
31 269
52 780
-
-
surtax
-
-
-
-
total
31 269
52 780
-
-
Dividends
80 403
135 720
-
-
withholding
10 292
17 373
-
-
surtax
-
-
-
-
social contributions
13 830
23 345
-
-
total
24 122
40 718
-
-
Income
188 500
188 500
188 500
188 500
Total tax
87 072
93 498
87 609
83 463
After tax
101 428
95 002
100 891
105 037
Living cost
45 146
45 146
45 146
45 146
Free-cash
56 282
49 856
55 745
59 891

Estimated living cost  is ₽45146 per week

₽30554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3693
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109906
₽141553
₽138413
₽114916
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
social contributions
-
-
-
41 470
income
-
-
-
9 027
total
-
-
-
50 497
Employee
30 050
-
163 202
-
social contributions
1 953
-
10 607
-
income
-
-
9 584
-
total
1 953
-
20 191
-
Employer
30 050
-
163 202
-
social contributions
4 658
-
25 296
-
total
4 658
-
25 296
-
Corporate
153 792
188 500
-
-
income
15 379
18 850
-
-
total
15 379
18 850
-
-
Dividends
138 413
169 650
-
-
total
-
-
-
-
Income
188 500
188 500
188 500
188 500
Total tax
21 990
18 850
45 487
50 497
After tax
166 510
169 650
143 013
138 003
Living cost
28 097
28 097
28 097
28 097
Free-cash
138 413
141 553
114 916
109 906

Estimated living cost  is ₽28097 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2118
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64820
-₽14923
-₽14923
-₽14923
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
municipal
-
-
-
39 979
pensions
-
-
-
809
labour market
-
-
-
15 015
national
-
-
-
22 912
total
-
-
-
78 715
Employee
189 787
189 787
189 787
-
municipal
40 414
40 414
40 414
-
national
23 186
23 186
23 186
-
pensions
270
270
270
-
labour market
15 161
15 161
15 161
-
total
79 031
79 031
79 031
-
Employer
189 787
189 787
189 787
-
labour market
15 183
15 183
15 183
-
pensions
540
540
540
-
municipal
40 478
40 478
40 478
-
national
23 226
23 226
23 226
-
total
79 427
79 427
79 427
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
188 500
188 500
188 500
188 500
Total tax
158 458
158 458
158 458
78 715
After tax
30 042
30 042
30 042
109 785
Living cost
44 965
44 965
44 965
44 965
Free-cash
-14 923
-14 923
-14 923
64 820

Estimated living cost  is ₽44965 per week

₽30775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108178
-₽5337
₽12108
₽82523
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
pensions
-
-
-
3 956
health
-
-
-
2 073
other
-
-
-
352
accident
-
-
-
240
income
-
-
-
53 095
total
-
-
-
59 716
Employee
32 415
-
170 982
-
pensions
3 650
-
7 253
-
income
4 447
-
41 023
-
health
3 712
-
19 577
-
total
11 809
-
67 853
-
Employer
32 415
-
170 982
-
pensions
5 271
-
10 474
-
unemployment
794
-
4 189
-
accident
541
-
2 855
-
total
6 606
-
17 518
-
Corporate
149 479
188 500
-
-
income

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

134 531
169 650
-
-
total
134 531
169 650
-
-
Dividends
14 948
18 850
-
-
withholding
2 840
3 581
-
-
total
2 840
3 581
-
-
Income
188 500
188 500
188 500
188 500
Total tax
155 786
173 231
85 371
59 716
After tax
32 714
15 269
103 129
128 784
Living cost
20 606
20 606
20 606
20 606
Free-cash
12 108
-5 337
82 523
108 178

Estimated living cost  is ₽20606 per week

₽14999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82229
₽80750
₽83637
₽60637
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
188 500
municipal
-
-
-
33 477
health
-
-
-
2 513
national
-
-
-
34 395
total
-
-
-
70 385
Employee
49 178
-
158 578
-
municipal
8 055
-
25 820
-
national
812
-
21 100
-
pensions
3 319
-
10 703
-
unemployment
738
-
2 379
-
health
367
-
2 052
-
total
13 291
-
62 054
-
Employer
49 178
-
158 578
-
pensions
8 532
-
27 514
-
unemployment
319
-
1 031
-
accident
50
-
158
-
health
378
-
1 220
-
total
9 279
-
29 923
-
Corporate
130 044
188 500
-
-
income
26 009
37 701
-
-
total
26 009
37 701
-
-
Dividends

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

78 026
113 100
-
-
municipal
14 045
20 358
-
-
national
6 353
13 805
-
-
total
20 398
34 163
-
-
Income
188 500
188 500
188 500
188 500
Total tax
68 977
71 864
91 977
70 385
After tax
119 523
116 636
96 523
118 115
Living cost
35 886
35 886
35 886
35 886
Free-cash
83 637
80 750
60 637
82 229

Estimated living cost  is ₽35886 per week

₽23441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106005
₽115796
₽110708
₽104410
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
health
-
-
-
4 807
social contributions
-
-
-
15 123
income
-
-
-
40 924
total
-
-
-
60 854
Employee
71 876
71 876
177 176
-
social contributions
2 717
5 965
8 046
-
income
7 826
6 654
40 067
-
health
557
1 222
3 012
-
total
11 100
13 841
51 125
-
Employer
71 876
71 876
177 176
-
social contributions
2 717
5 965
8 046
-
health
605
1 330
3 278
-
total
3 322
7 295
11 324
-
Corporate
152 436
109 329
-
-
income
19 054
13 665
-
-
total
19 054
13 665
-
-
Dividends
133 382
95 663
-
-
withholding
22 675
16 262
-
-
total
22 675
16 262
-
-
Income
188 500
188 500
188 500
188 500
Total tax
56 151
51 063
62 449
60 854
After tax
132 349
137 437
126 051
127 646
Living cost
21 641
21 641
21 641
21 641
Free-cash
110 708
115 796
104 410
106 005

Estimated living cost  is ₽21641 per week

₽12970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2123
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6070
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽144928
₽141257
₽136501
₽126179
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
188 500
pensions
-
-
-
5 946
health
-
-
-
3 383
unemployment
-
-
-
27
income
-
-
-
19 375
total
-
-
-
28 731
Employee

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

21 455
-
179 365
-
pensions
3 218
-
13 304
-
unemployment
106
-
443
-
income
1 467
-
17 059
-
health
1 823
-
7 539
-
total
6 614
-
38 345
-
Employer

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

21 455
-
179 365
-
pensions
1 180
-
4 878
-
unemployment
106
-
443
-
health
922
-
3 814
-
total
2 208
-
9 135
-
Corporate
164 837
188 500
-
-
income
14 836
16 965
-
-
total
14 836
16 965
-
-
Dividends
150 000
171 535
-
-
withholding
13 500
15 437
-
-
total
13 500
15 437
-
-
Income
188 500
188 500
188 500
188 500
Total tax
37 158
32 402
47 480
28 731
After tax
151 342
156 098
141 020
159 769
Living cost
14 841
14 841
14 841
14 841
Free-cash
136 501
141 257
126 179
144 928

Estimated living cost  is ₽14841 per week

₽9469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79814
₽99655
₽95526
₽75892
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
pensions
-
-
-
24 518
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
780
income
-
-
-
56 990
total
-
-
-
82 982
Employee
34 562
-
160 880
-
pensions
1 625
-
4 073
-
other
34
-
87
-
unemployment
536
-
1 343
-
income
6 663
-
53 781
-
total
8 858
-
59 284
-
Employer
34 562
-
160 880
-
pensions
8 156
-
20 447
-
other
277
-
694
-
unemployment
1 902
-
4 764
-
accident
685
-
1 715
-
total
11 020
-
27 620
-
Corporate
142 919
188 500
-
-
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.

21 438
28 275
-
-
total
21 438
28 275
-
-
Dividends
121 481
160 225
-
-
withholding
25 954
34 866
-
-
total
25 954
34 866
-
-
Income
188 500
188 500
188 500
188 500
Total tax
67 270
63 141
86 904
82 982
After tax
121 230
125 359
101 596
105 518
Living cost
25 704
25 704
25 704
25 704
Free-cash
95 526
99 655
75 892
79 814

Estimated living cost  is ₽25704 per week

₽17350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119635
₽115803
₽115504
₽119505
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
pensions
-
-
-
1 328
health
-
-
-
963
income
-
-
-
64 753
total
-
-
-
67 044
Employee
2 773
-
187 006
-
pensions
250
-
598
-
unemployment
28
-
66
-
income
536
-
64 684
-
health
139
-
332
-
total
953
-
65 680
-
Employer
2 773
-
187 006
-
pensions
305
-
730
-
unemployment
55
-
133
-
health
263
-
631
-
total
623
-
1 494
-
Corporate
185 103
188 500
-
-
income
40 723
41 470
-
-
total
40 723
41 470
-
-
Dividends
144 380
147 030
-
-
withholding
28 876
29 406
-
-
total
28 876
29 406
-
-
Income
188 500
188 500
188 500
188 500
Total tax
71 175
70 876
67 174
67 044
After tax
117 325
117 624
121 326
121 456
Living cost
1 821
1 821
1 821
1 821
Free-cash
115 504
115 803
119 505
119 635

Estimated living cost  is ₽1821 per week

₽1082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103026
₽120036
₽115439
₽103027
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
188 500
pensions
-
-
-
17 949
health
-
-
-
7 111
unemployment
-
-
-
1 036
income
-
-
-
43 223
total
-
-
-
69 319
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.

24 361
-
176 143
-
pensions
3 410
-
9 665
-
unemployment
183
-
518
-
income
3 358
-
43 223
-
health
1 255
-
3 555
-
total
8 206
-
56 961
-
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.

24 361
-
176 143
-
pensions
2 923
-
8 284
-
unemployment
183
-
518
-
health
1 255
-
3 555
-
total
4 361
-
12 357
-
Corporate
159 779
188 500
-
-
income
23 967
28 275
-
-
total
23 967
28 275
-
-
Dividends
135 812
160 225
-
-
withholding
20 372
24 034
-
-
total
20 372
24 034
-
-
Income
188 500
188 500
188 500
188 500
Total tax
56 906
52 309
69 318
69 319
After tax
131 594
136 191
119 182
119 181
Living cost
16 155
16 155
16 155
16 155
Free-cash
115 439
120 036
103 027
103 026

Estimated living cost  is ₽16155 per week

₽10877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1250
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.
₽3561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74221
₽82020
₽81684
₽59930
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
188 500
surtax
-
-
-
-
social contributions

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

-
-
-
65 503
income
-
-
-
23 577
total
-
-
-
89 080
Employee
36 279
-
152 323
-
social contributions
3 991
-
16 755
-
surtax
-
-
-
-
income
7 089
-
50 439
-
total
11 080
-
67 194
-
Employer
36 279
-
152 323
-
social contributions
8 615
-
36 177
-
total
8 615
-
36 177
-
Corporate
143 606
188 500
-
-
income
30 157
39 584
-
-
surtax
-
-
-
-
total
30 157
39 584
-
-
Dividends
113 449
148 916
-
-
withholding
31 765
41 697
-
-
total
31 765
41 697
-
-
Income
188 500
188 500
188 500
188 500
Total tax
81 617
81 281
103 371
89 080
After tax
106 883
107 219
85 129
99 420
Living cost
25 199
25 199
25 199
25 199
Free-cash
81 684
82 020
59 930
74 221

Estimated living cost  is ₽25199 per week

₽17848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72668
₽92509
₽86394
₽68746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
pensions
-
-
-
24 518
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
780
income
-
-
-
56 990
total
-
-
-
82 982
Employee
45 143
-
160 880
-
pensions
2 121
-
4 073
-
other
44
-
87
-
unemployment
699
-
1 343
-
income
9 429
-
53 781
-
total
12 293
-
59 284
-
Employer
45 143
-
160 880
-
pensions
10 653
-
20 447
-
other
362
-
694
-
unemployment
2 483
-
4 764
-
accident
894
-
1 715
-
total
14 392
-
27 620
-
Corporate
128 965
188 500
-
-
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.

19 345
28 275
-
-
total
19 345
28 275
-
-
Dividends
109 619
160 225
-
-
withholding
23 226
34 866
-
-
total
23 226
34 866
-
-
Income
188 500
188 500
188 500
188 500
Total tax
69 256
63 141
86 904
82 982
After tax
119 244
125 359
101 596
105 518
Living cost
32 850
32 850
32 850
32 850
Free-cash
86 394
92 509
68 746
72 668

Estimated living cost  is ₽32850 per week

₽23592
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2554
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135414
₽145080
₽139382
₽143064
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
pensions

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

-
-
-
4 835
health
-
-
-
3 757
unemployment
-
-
-
131
income
-
-
-
28 275
total
-
-
-
36 998
Employee
21 302
-
182 091
-
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.

1 870
-
2 868
-
income
2 131
-
18 209
-
health
980
-
1 503
-
total
5 215
-
22 939
-
Employer
21 302
-
182 091
-
pensions

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

2 347
-
3 600
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 470
-
2 254
-
total
4 179
-
6 409
-
Corporate
163 018
188 500
-
-
income
16 301
18 850
-
-
total
16 301
18 850
-
-
Dividends
146 717
169 650
-
-
withholding
7 335
8 482
-
-
total
7 335
8 482
-
-
Income
188 500
188 500
188 500
188 500
Total tax
33 030
27 332
29 348
36 998
After tax
155 470
161 168
159 152
151 502
Living cost
16 088
16 088
16 088
16 088
Free-cash
139 382
145 080
143 064
135 414

Estimated living cost  is ₽16088 per week

₽10640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60949
₽60883
₽73115
₽81763
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
188 500
trade
-
-
-
20 814
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.

-
-
-
6 386
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.

-
-
-
3 351
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.

-
-
-
60 913
total
-
-
-
91 464
Employee

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

46 508
-
188 500
-
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.

211
-
3 351
-
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.

3 824
-
60 913
-
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.

6 386
-
6 386
-
total
10 421
-
70 650
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 992
188 500
-
-
trade
20 376
27 051
-
-
income
21 298
28 275
-
-
chamber of commerce
349
419
-
-
surtax

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

1 171
1 556
-
-
total
43 194
57 301
-
-
Dividends
98 798
131 201
-
-
withholding
24 344
32 445
-
-
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.

1 339
1 784
-
-
total
25 683
34 229
-
-
Income
188 500
188 500
188 500
188 500
Total tax
79 298
91 530
70 650
91 464
After tax
109 202
96 970
117 850
97 036
Living cost
36 087
36 087
36 087
36 087
Free-cash
73 115
60 883
81 763
60 949

Estimated living cost  is ₽36087 per week

₽24894
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43304
₽78703
₽80767
₽43304
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
social contributions
-
-
-
32 001
income
-
-
-
59 949
total
-
-
-
91 950
Employee
73 116
-
188 500
-
social contributions
6 074
-
32 001
-
income
13 797
-
59 949
-
total
19 871
-
91 950
-
Employer
73 116
-
188 500
-
total
-
-
-
-
Corporate
115 384
188 500
-
-
income
14 423
23 563
-
-
total
14 423
23 563
-
-
Dividends
100 961
164 937
-
-
withholding
20 193
32 988
-
-
total
20 193
32 988
-
-
Income
188 500
188 500
188 500
188 500
Total tax
54 487
56 551
91 950
91 950
After tax
134 013
131 949
96 550
96 550
Living cost
53 246
53 246
53 246
53 246
Free-cash
80 767
78 703
43 304
43 304

Estimated living cost  is ₽53246 per week

₽40508
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120561
₽83656
₽86923
₽98640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
188 500
health

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

-
-
-
5 733
income
-
-
-
28 275
total
-
-
-
34 008
Employee
42 879
-
184 200
-
social contributions
4 296
-
4 300
-
income
4 653
-
47 329
-
total
8 949
-
51 629
-
Employer
42 879
-
184 200
-
social contributions
4 296
-
4 300
-
total
4 296
-
4 300
-
Corporate
141 324
188 500
-
-
income
49 463
65 975
-
-
total
49 463
65 975
-
-
Dividends
91 862
122 525
-
-
social contributions
4 938
4 938
-
-
total
4 938
4 938
-
-
Income
188 500
188 500
188 500
188 500
Total tax
67 646
70 913
55 929
34 008
After tax
120 854
117 587
132 571
154 492
Living cost
33 931
33 931
33 931
33 931
Free-cash
86 923
83 656
98 640
120 561

Estimated living cost  is ₽33931 per week

₽22350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2675
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8385
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88758
₽86303
₽91773
₽71841
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
pensions
-
-
-
8 824
income
-
-
-
56 620
total
-
-
-
65 444
Employee
47 078
-
164 427
-
pensions
3 593
-
10 664
-
income
8 573
-
45 340
-
health
614
-
2 284
-
total
12 780
-
58 288
-
Employer
47 078
-
164 427
-
pensions
4 756
-
20 949
-
health
895
-
3 124
-
total
5 651
-
24 073
-
Corporate
135 770
188 500
-
-
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.

25 797
35 815
-
-
total
25 797
35 815
-
-
Dividends
109 973
152 685
-
-
withholding
18 201
32 084
-
-
total
18 201
32 084
-
-
Income
188 500
188 500
188 500
188 500
Total tax
62 429
67 899
82 361
65 444
After tax
126 071
120 601
106 139
123 056
Living cost
34 298
34 298
34 298
34 298
Free-cash
91 773
86 303
71 841
88 758

Estimated living cost  is ₽34298 per week

₽23528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
₽106137
-₽7378
₽11794
₽80482
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
pensions
-
-
-
3 956
health
-
-
-
2 073
other
-
-
-
352
accident
-
-
-
240
income
-
-
-
53 095
total
-
-
-
59 716
Employee
35 624
-
170 982
-
pensions
4 011
-
7 253
-
income
4 887
-
41 023
-
health
4 079
-
19 577
-
total
12 977
-
67 853
-
Employer
35 624
-
170 982
-
pensions
5 792
-
10 474
-
unemployment
873
-
4 189
-
accident
595
-
2 855
-
total
7 260
-
17 518
-
Corporate
145 616
188 500
-
-
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.

131 055
169 650
-
-
total
131 055
169 650
-
-
Dividends
14 562
18 850
-
-
withholding
2 767
3 581
-
-
total
2 767
3 581
-
-
Income
188 500
188 500
188 500
188 500
Total tax
154 059
173 231
85 371
59 716
After tax
34 441
15 269
103 129
128 784
Living cost
22 646
22 646
22 646
22 646
Free-cash
11 794
-7 378
80 482
106 137

Estimated living cost  is ₽22646 per week

₽16620
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103377
₽131590
₽141642
₽123911
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
188 500
pensions
-
-
-
27 478
health insurance
-
-
-
11 051
work injury
-
-
-
747
unemployment
-
-
-
1 792
income
-
-
-
31 442
total
-
-
-
72 510
Employee

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

20 182
-
188 500
-
pensions
3 713
-
13 739
-
health insurance
1 493
-
5 526
-
unemployment
242
-
896
-
income
2 018
-
31 442
-
work injury
101
-
373
-
total
7 567
-
51 976
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
168 318
188 500
-
-
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%.

1 683
18 850
-
-
total
1 683
18 850
-
-
Dividends
166 635
169 650
-
-
withholding
24 995
25 447
-
-
total
24 995
25 447
-
-
Income
188 500
188 500
188 500
188 500
Total tax
34 245
44 297
51 976
72 510
After tax
154 255
144 203
136 524
115 990
Living cost
12 613
12 613
12 613
12 613
Free-cash
141 642
131 590
123 911
103 377

Estimated living cost  is ₽12613 per week

₽7814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽3489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49975
₽62053
₽57801
₽42175
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
municipal
-
-
-
1 275
regional
-
-
-
4 407
social contributions
-
-
-
46 782
national
-
-
-
48 824
total
-
-
-
101 288
Employee
78 766
-
188 500
-
social contributions
26 559
-
61 333
-
municipal
470
-
1 144
-
regional
1 189
-
3 928
-
national
13 311
-
42 683
-
total
41 529
-
109 088
-
Employer
78 766
-
188 500
-
total
-
-
-
-
Corporate
109 734
188 500
-
-
nationa
26 336
45 239
-
-
municipal
5 289
9 085
-
-
total
31 625
54 324
-
-
Dividends
78 109
134 175
-
-
withholding
20 308
34 886
-
-
total
20 308
34 886
-
-
Income
188 500
188 500
188 500
188 500
Total tax
93 462
89 210
109 088
101 288
After tax
95 038
99 290
79 412
87 212
Living cost
37 237
37 237
37 237
37 237
Free-cash
57 801
62 053
42 175
49 975

Estimated living cost  is ₽37237 per week

₽26157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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