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
₽89240
₽66175
₽66529
₽76716
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 510
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.

-
-
-
60 556
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.

-
-
-
3 331
trade
-
-
-
22 711
total
-
-
-
93 108
Employee

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

36 447
-
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.

56
-
3 331
-
income

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

1 018
-
60 556
-
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.

6 510
-
6 510
-
total
7 584
-
70 397
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
152 053
188 500
-
-
chamber of commerce
363
416
-
-
surtax

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

1 255
1 555
-
-
trade
23 948
29 689
-
-
income
22 809
28 275
-
-
total
48 375
59 935
-
-
Dividends
103 677
128 564
-
-
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.

1 405
1 749
-
-
withholding
25 557
31 778
-
-
total
26 962
33 527
-
-
Income
188 500
188 500
188 500
188 500
Total tax
82 921
93 462
70 397
93 108
After tax
105 579
95 038
118 103
95 392
Living cost
28 863
28 863
28 863
28 863
Free-cash
76 716
66 175
89 240
66 529

Estimated living cost  is ₽28863 per week

₽18156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60630
₽67355
₽59619
₽66519
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 026
pensions
-
-
-
22 620
national
-
-
-
33 218
municipal
-
-
-
20 748
total
-
-
-
78 612
Employee
77 927
-
162 957
-
municipal
9 625
-
21 478
-
national
14 915
-
34 816
-
pensions
3 117
-
6 518
-
total
27 657
-
62 812
-
Employer
77 927
-
162 957
-
pensions
6 234
-
13 037
-
social contributions
838
-
1 752
-
total
7 072
-
14 789
-
Corporate
98 358
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%.

19 672
37 700
-
-
total
19 672
37 700
-
-
Dividends
78 687
150 800
-
-
withholding
17 311
33 176
-
-
total
17 311
33 176
-
-
Income
188 500
188 500
188 500
188 500
Total tax
71 712
70 876
77 601
78 612
After tax
116 788
117 624
110 899
109 888
Living cost
50 269
50 269
50 269
50 269
Free-cash
66 519
67 355
60 630
59 619

Estimated living cost  is ₽50269 per week

₽34167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10676
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60768
₽130975
₽46996
₽123159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
36 511
income
-
-
-
37 100
surtax
-
-
-
48 068
microenterprise
-
-
-
-
total
-
-
-
121 679
Employee
27 845
-
145 172
-
surtax
-
-
21 049
-
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.

3 063
-
12 492
-
income
4 957
-
31 037
-
total
8 020
-
64 578
-
Employer
27 845
-
145 172
-
surtax
-
-
15 970
-
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.

6 707
-
27 359
-
total
6 707
-
43 329
-
Corporate
153 948
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%.

30 789
37 700
-
-
total
30 789
37 700
-
-
Dividends

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

123 159
150 800
-
-
total
-
-
-
-
Income
188 500
188 500
188 500
188 500
Total tax
45 516
37 700
107 907
121 679
After tax
142 984
150 800
80 593
66 821
Living cost
19 825
19 825
19 825
19 825
Free-cash
123 159
130 975
60 768
46 996

Estimated living cost  is ₽19825 per week

₽12648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80092
₽53712
₽62712
₽47875
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 751
income
-
-
-
62 953
pensions
-
-
-
11 165
total
-
-
-
85 869
Employee
81 376
81 376
170 791
-
income

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

13 320
13 320
27 864
-
pensions
14 648
11 165
11 165
-
health
12 490
10 624
11 751
-
total
40 458
35 109
50 780
-
Employer
81 376
81 376
170 791
-
unemployment
2 930
2 930
3 640
-
health
5 657
5 657
7 029
-
pensions
5 664
5 664
7 040
-
total
14 251
14 251
17 709
-
Corporate
93 873
92 874
-
-
income
18 774
18 575
-
-
total
18 774
18 575
-
-
Dividends
75 098
74 299
-
-
income
15 959
15 789
-
-
withholding
11 264
11 145
-
-
total
27 223
26 934
-
-
Income
188 500
188 500
188 500
188 500
Total tax
100 706
94 869
68 489
85 869
After tax
87 794
93 631
120 011
102 631
Living cost
39 919
39 919
39 919
39 919
Free-cash
47 875
53 712
80 092
62 712

Estimated living cost  is ₽39919 per week

₽28290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7396
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55630
₽63641
₽56583
₽62759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
10 003
health
-
-
-
5 372
accident
-
-
-
172
pensions
-
-
-
9 306
national
-
-
-
18 924
unemployment
-
-
-
86
municipal
-
-
-
48 774
total
-
-
-
92 637
Employee
55 970
-
161 451
-
municipal
16 690
-
48 145
-
national
-
-
18 397
-
total
16 690
-
66 542
-
Employer
55 970
-
161 451
-
other
6 504
-
10 003
-
unemployment
1 478
-
2 273
-
health
3 442
-
5 294
-
accident
112
-
172
-
pensions
6 050
-
9 306
-
total
17 586
-
27 048
-
Corporate
114 944
188 500
-
-
income
25 288
41 470
-
-
total
25 288
41 470
-
-
Dividends
89 656
147 030
-
-
withholding
26 897
44 109
-
-
total
26 897
44 109
-
-
Income
188 500
188 500
188 500
188 500
Total tax
86 461
85 579
93 590
92 637
After tax
102 039
102 921
94 910
95 863
Living cost
39 280
39 280
39 280
39 280
Free-cash
62 759
63 641
55 630
56 583

Estimated living cost  is ₽39280 per week

₽26033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3854
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80668
₽56633
₽56948
₽70025
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 510
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.

-
-
-
60 556
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.

-
-
-
3 331
trade
-
-
-
23 720
total
-
-
-
94 117
Employee

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

48 325
-
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.

228
-
3 331
-
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.

4 152
-
60 556
-
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.

6 510
-
6 510
-
total
10 890
-
70 397
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
140 175
188 500
-
-
chamber of commerce
344
412
-
-
surtax

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

1 156
1 555
-
-
trade
23 058
31 008
-
-
income
21 026
28 275
-
-
total
45 584
61 250
-
-
Dividends
94 592
127 249
-
-
surtax

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

1 280
1 731
-
-
withholding
23 286
31 451
-
-
total
24 566
33 182
-
-
Income
188 500
188 500
188 500
188 500
Total tax
81 040
94 432
70 397
94 117
After tax
107 460
94 068
118 103
94 383
Living cost
37 435
37 435
37 435
37 435
Free-cash
70 025
56 633
80 668
56 948

Estimated living cost  is ₽37435 per week

₽25037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3948
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95296
₽106538
₽96898
₽102584
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 418
health
-
-
-
4 807
income
-
-
-
40 469
total
-
-
-
60 694
Employee
73 275
73 275
177 022
-
social contributions
3 561
6 081
8 203
-
income
7 695
6 783
39 606
-
health
729
1 246
3 009
-
total
11 985
14 110
50 818
-
Employer
73 275
73 275
177 022
-
health
794
1 356
3 275
-
social contributions
3 561
6 081
8 203
-
total
4 355
7 437
11 478
-
Corporate
141 254
107 787
-
-
income
17 657
13 474
-
-
total
17 657
13 474
-
-
Dividends
123 597
94 313
-
-
withholding
21 011
16 033
-
-
total
21 011
16 033
-
-
Income
188 500
188 500
188 500
188 500
Total tax
55 008
51 054
62 296
60 694
After tax
133 492
137 446
126 204
127 806
Living cost
30 908
30 908
30 908
30 908
Free-cash
102 584
106 538
95 296
96 898

Estimated living cost  is ₽30908 per week

₽21129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91767
₽88343
₽113076
₽88707
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 195
income
-
-
-
23 044
pensions
-
-
-
18 850
unemployment
-
-
-
2 827
total
-
-
-
57 916
Employee

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

The minimum wage is 138,000 HUF per month.

25 274
10 059
157 741
-
income
3 090
1 230
19 284
-
pensions
2 527
1 006
15 774
-
health
1 769
704
11 042
-
unemployment
379
151
2 366
-
total
7 765
3 091
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.

25 274
10 059
157 741
-
pensions
4 928
1 961
30 759
-
total
4 928
1 961
30 759
-
Corporate
158 298
176 480
-
-
income
14 247
15 883
-
-
total
14 247
15 883
-
-
Dividends
144 051
160 597
-
-
social contributions
27 975
31 201
-
-
withholding
27 370
30 513
-
-
total
55 345
61 714
-
-
Income
188 500
188 500
188 500
188 500
Total tax
82 285
82 649
79 225
57 916
After tax
106 215
105 851
109 275
130 584
Living cost
17 508
17 508
17 508
17 508
Free-cash
88 707
88 343
91 767
113 076

Estimated living cost  is ₽17508 per week

₽11948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85632
₽127783
₽78019
₽121864
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 505
income
-
-
-
25 259
pensions
-
-
-
37 700
total
-
-
-
87 464
Employee
27 033
-
140 883
-
income
3 043
-
27 161
-
pensions
541
-
2 817
-
unemployment
432
-
2 255
-
total
4 016
-
32 233
-
Employer
27 033
-
140 883
-
unemployment
217
-
1 127
-
health
3 514
-
18 315
-
pensions
5 407
-
28 176
-
total
9 138
-
47 618
-
Corporate
152 329
188 500
-
-
income
30 465
37 700
-
-
total
30 465
37 700
-
-
Dividends
121 864
150 800
-
-
total
-
-
-
-
Income
188 500
188 500
188 500
188 500
Total tax
43 619
37 700
79 851
87 464
After tax
144 881
150 800
108 649
101 036
Living cost
23 017
23 017
23 017
23 017
Free-cash
121 864
127 783
85 632
78 019

Estimated living cost  is ₽23017 per week

₽15787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1371
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.
₽5396
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82044
-₽5778
₽107739
₽12040
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
355
health
-
-
-
2 086
accident
-
-
-
242
income
-
-
-
53 050
pensions
-
-
-
3 981
total
-
-
-
59 714
Employee
33 108
-
170 918
-
income
4 542
-
40 958
-
pensions
3 728
-
7 299
-
health
3 791
-
19 570
-
total
12 061
-
67 827
-
Employer
33 108
-
170 918
-
unemployment
811
-
4 188
-
accident
553
-
2 854
-
pensions
5 384
-
10 540
-
total
6 748
-
17 582
-
Corporate
148 644
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.

133 780
169 650
-
-
total
133 780
169 650
-
-
Dividends
14 864
18 850
-
-
withholding
2 824
3 581
-
-
total
2 824
3 581
-
-
Income
188 500
188 500
188 500
188 500
Total tax
155 413
173 231
85 409
59 714
After tax
33 087
15 269
103 091
128 786
Living cost
21 047
21 047
21 047
21 047
Free-cash
12 040
-5 778
82 044
107 739

Estimated living cost  is ₽21047 per week

₽15426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142834
₽171109
₽178649
₽169616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 957
-
188 500
-
income
1 991
-
37 700
-
total
1 991
-
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%.

178 543
188 500
-
-
total
-
-
-
-
Dividends
178 543
188 500
-
-
withholding
8 927
9 425
-
-
total
8 927
9 425
-
-
Income
188 500
188 500
188 500
188 500
Total tax
10 918
9 425
37 700
1 885
After tax
177 582
179 075
150 800
186 615
Living cost
7 966
7 966
7 966
7 966
Free-cash
169 616
171 109
142 834
178 649

Estimated living cost  is ₽7966 per week

₽4937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82372
₽113100
₽83987
₽106661
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
6 883
health
-
-
-
6 376
income
-
-
-
31 084
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.

-
-
-
34 778
total
-
-
-
79 121
Employee
34 600
-
151 928
-
income
5 957
-
30 545
-
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.

2 421
-
10 143
-
health
485
-
2 029
-
unemployment
345
-
1 448
-
total
9 208
-
44 165
-
Employer
34 600
-
151 928
-
other
1 731
-
7 244
-
unemployment
345
-
1 448
-
health
485
-
2 029
-
accident
277
-
1 215
-
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.

5 883
-
24 635
-
total
8 721
-
36 571
-
Corporate
145 180
188 500
-
-
income
30 489
39 585
-
-
total
30 489
39 585
-
-
Dividends
114 692
148 915
-
-
withholding
8 029
10 423
-
-
total
8 029
10 423
-
-
Income
188 500
188 500
188 500
188 500
Total tax
56 447
50 008
80 736
79 121
After tax
132 053
138 492
107 764
109 379
Living cost
25 392
25 392
25 392
25 392
Free-cash
106 661
113 100
82 372
83 987

Estimated living cost  is ₽25392 per week

₽17941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43205
₽57814
₽60144
₽65056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
56 214
pensions
-
-
-
8 943
total
-
-
-
65 157
Employee
89 418
-
164 463
-
income
16 119
-
44 922
-
health
1 473
-
2 298
-
pensions
8 626
-
10 839
-
total
26 218
-
58 059
-
Employer
89 418
-
164 463
-
health
1 698
-
3 124
-
pensions
10 558
-
20 913
-
total
12 256
-
24 037
-
Corporate
86 826
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.

16 497
35 815
-
-
total
16 497
35 815
-
-
Dividends
70 329
152 685
-
-
withholding
5 274
31 672
-
-
total
5 274
31 672
-
-
Income
188 500
188 500
188 500
188 500
Total tax
60 245
67 487
82 096
65 157
After tax
128 255
121 013
106 404
123 343
Living cost
63 199
63 199
63 199
63 199
Free-cash
65 056
57 814
43 205
60 144

Estimated living cost  is ₽63199 per week

₽47357
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7426
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽146621
₽148762
₽138994
₽144367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 801
income
-
-
-
28 275
pensions

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

-
-
-
4 892
unemployment
-
-
-
132
total
-
-
-
37 100
Employee
16 427
-
182 016
-
income
1 642
-
18 202
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 442
-
2 902
-
health
756
-
1 520
-
total
4 021
-
22 988
-
Employer
16 427
-
182 016
-
unemployment
98
-
198
-
health
1 134
-
2 281
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 810
-
3 642
-
total
3 223
-
6 485
-
Corporate
168 849
188 500
-
-
income
16 885
18 850
-
-
total
16 885
18 850
-
-
Dividends
151 965
169 650
-
-
withholding
7 598
8 482
-
-
total
7 598
8 482
-
-
Income
188 500
188 500
188 500
188 500
Total tax
31 727
27 332
29 473
37 100
After tax
156 773
161 168
159 027
151 400
Living cost
12 406
12 406
12 406
12 406
Free-cash
144 367
148 762
146 621
138 994

Estimated living cost  is ₽12406 per week

₽7243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3949
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67170
₽40790
₽49790
₽43190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 751
income
-
-
-
62 953
pensions
-
-
-
11 165
total
-
-
-
85 869
Employee
88 348
81 376
170 791
-
income

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

13 320
13 320
27 864
-
pensions
11 165
11 165
11 165
-
health
11 022
10 624
11 751
-
total
35 507
35 109
50 780
-
Employer
88 348
81 376
170 791
-
unemployment
3 181
2 930
3 640
-
health
6 139
5 657
7 029
-
pensions
6 148
5 664
7 040
-
total
15 468
14 251
17 709
-
Corporate
84 683
92 874
-
-
income
16 937
18 575
-
-
total
16 937
18 575
-
-
Dividends
67 746
74 299
-
-
income
14 396
15 789
-
-
withholding
10 161
11 145
-
-
total
24 557
26 934
-
-
Income
188 500
188 500
188 500
188 500
Total tax
92 469
94 869
68 489
85 869
After tax
96 031
93 631
120 011
102 631
Living cost
52 841
52 841
52 841
52 841
Free-cash
43 190
40 790
67 170
49 790

Estimated living cost  is ₽52841 per week

₽38979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77581
₽106335
₽85505
₽97971
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 740
health
-
-
-
25 447
income
-
-
-
19 397
solidarity contribution
-
-
-
964
total
-
-
-
79 548
Employee
34 481
-
146 434
-
social contributions
2 241
-
7 511
-
solidarity contribution
-
-
253
-
income
4 138
-
17 873
-
health
4 655
-
19 769
-
total
11 034
-
45 406
-
Employer
34 481
-
146 434
-
health
3 103
-
13 179
-
social contributions
8 620
-
28 887
-
total
11 723
-
42 066
-
Corporate
142 295
188 500
-
-
income
27 036
35 815
-
-
total
27 036
35 815
-
-
Dividends
115 259
152 685
-
-
withholding
17 289
22 903
-
-
total
17 289
22 903
-
-
Income
188 500
188 500
188 500
188 500
Total tax
67 082
58 718
87 472
79 548
After tax
121 418
129 782
101 028
108 952
Living cost
23 447
23 447
23 447
23 447
Free-cash
97 971
106 335
77 581
85 505

Estimated living cost  is ₽23447 per week

₽16287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40742
₽60362
₽49013
₽55388
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 693
national
-
-
-
48 196
regional
-
-
-
2 261
municipal
-
-
-
1 127
total
-
-
-
99 277
Employee
84 690
-
188 500
-
social contributions
28 557
-
62 527
-
municipal
448
-
1 007
-
national
14 675
-
42 010
-
regional
799
-
2 004
-
total
44 479
-
107 548
-
Employer
84 690
-
188 500
-
total
-
-
-
-
Corporate
103 810
188 500
-
-
nationa
24 914
45 240
-
-
municipal
4 049
7 351
-
-
total
28 963
52 591
-
-
Dividends
74 848
135 910
-
-
withholding
19 460
35 337
-
-
total
19 460
35 337
-
-
Income
188 500
188 500
188 500
188 500
Total tax
92 902
87 928
107 548
99 277
After tax
95 598
100 572
80 952
89 223
Living cost
40 210
40 210
40 210
40 210
Free-cash
55 388
60 362
40 742
49 013

Estimated living cost  is ₽40210 per week

₽28029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8926
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62074
₽97539
₽67901
₽94572
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
9 029
income
-
-
-
55 836
pensions
-
-
-
25 436
surtax
-
-
-
9 053
unemployment
-
-
-
217
total
-
-
-
99 571
Employee
31 513
-
161 729
-
surtax
103
-
7 913
-
income
5 282
-
50 137
-
other
-
-
-
-
pensions
2 101
-
8 483
-
health
805
-
3 242
-
unemployment
2 194
-
8 852
-
total
10 485
-
78 627
-
Employer
31 513
-
161 729
-
other
-
-
-
-
unemployment
998
-
4 031
-
health
1 434
-
5 787
-
pensions
4 201
-
16 953
-
total
6 633
-
26 771
-
Corporate
150 354
188 500
-
-
income
39 093
49 010
-
-
total
39 093
49 010
-
-
Dividends
111 261
139 490
-
-
withholding
16 689
20 923
-
-
total
16 689
20 923
-
-
Income
188 500
188 500
188 500
188 500
Total tax
72 900
69 933
105 398
99 571
After tax
115 600
118 567
83 102
88 929
Living cost
21 028
21 028
21 028
21 028
Free-cash
94 572
97 539
62 074
67 901

Estimated living cost  is ₽21028 per week

₽12857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5745
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63228
₽77837
₽80167
₽84079
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
56 214
pensions
-
-
-
8 943
total
-
-
-
65 157
Employee
59 925
-
164 463
-
income
10 793
-
44 922
-
health
870
-
2 298
-
pensions
5 086
-
10 839
-
total
16 749
-
58 059
-
Employer
59 925
-
164 463
-
health
1 138
-
3 124
-
pensions
6 487
-
20 913
-
total
7 625
-
24 037
-
Corporate
120 949
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.

22 980
35 815
-
-
total
22 980
35 815
-
-
Dividends
97 969
152 685
-
-
withholding
13 891
31 672
-
-
total
13 891
31 672
-
-
Income
188 500
188 500
188 500
188 500
Total tax
61 245
67 487
82 096
65 157
After tax
127 255
121 013
106 404
123 343
Living cost
43 176
43 176
43 176
43 176
Free-cash
84 079
77 837
63 228
80 167

Estimated living cost  is ₽43176 per week

₽32347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽66743
₽9728
₽75090
₽42446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 771
health
-
-
-
424
pensions
-
-
-
17 342
city
-
-
-
1 988
national
-
-
-
3 701
regional
-
-
-
9 716
total
-
-
-
36 942
Employee
89 487
-
168 801
-
national
424
-
2 752
-
city
960
-
1 815
-
pensions
7 518
-
14 088
-
health
202
-
379
-
regional
2 930
-
8 412
-
unemployment
-
-
-
-
total
12 034
-
27 446
-
Employer
89 487
-
168 801
-
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.

1 789
-
3 376
-
unemployment
-
-
-
-
health
202
-
379
-
pensions
7 518
-
14 088
-
total
9 509
-
17 843
-
Corporate
88 520
188 500
-
-
regional
18 723
39 869
-
-
national
7 524
16 022
-
-
total
26 247
55 891
-
-
Dividends
62 273
132 609
-
-
withholding
21 796
46 413
-
-
total
21 796
46 413
-
-
Income
188 500
188 500
188 500
188 500
Total tax
69 586
102 304
45 289
36 942
After tax
118 914
86 196
143 211
151 558
Living cost
76 468
76 468
76 468
76 468
Free-cash
42 446
9 728
66 743
75 090

Estimated living cost  is ₽76468 per week

₽49726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6862
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽939
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽74449
₽49447
₽49720
₽64899
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 510
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.

-
-
-
60 556
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.

-
-
-
3 331
trade
-
-
-
24 729
total
-
-
-
95 126
Employee

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

57 269
-
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.

371
-
3 331
-
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.

6 734
-
60 556
-
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.

6 510
-
6 510
-
total
13 615
-
70 397
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
131 231
188 500
-
-
chamber of commerce
329
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.

1 083
1 555
-
-
trade
22 507
32 328
-
-
income
19 684
28 275
-
-
total
43 603
62 568
-
-
Dividends
87 628
125 931
-
-
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.

1 184
1 711
-
-
withholding
21 545
31 120
-
-
total
22 729
32 831
-
-
Income
188 500
188 500
188 500
188 500
Total tax
79 947
95 399
70 397
95 126
After tax
108 553
93 101
118 103
93 374
Living cost
43 654
43 654
43 654
43 654
Free-cash
64 899
49 447
74 449
49 720

Estimated living cost  is ₽43654 per week

₽31883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68649
₽62400
₽72788
₽68029
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
5 843
social contributions
-
-
-
5 371
health
-
-
-
8 615
income
-
-
-
31 635
pensions
-
-
-
31 645
surtax
-
-
-
-
total
-
-
-
83 109
Employee
40 784
-
144 910
-
surtax
-
-
-
-
social contributions
1 163
-
4 130
-
income
2 407
-
29 052
-
pensions
4 611
-
10 481
-
total
8 181
-
43 663
-
Employer
40 784
-
144 910
-
other
1 407
-
5 825
-
unemployment
1 651
-
5 868
-
health
2 855
-
13 886
-
pensions
6 700
-
17 572
-
social contributions
123
-
434
-
total
12 736
-
43 585
-
Corporate
134 980
188 500
-
-
surtax
-
-
-
-
income
37 795
52 780
-
-
total
37 795
52 780
-
-
Dividends
97 186
135 720
-
-
social contributions
16 716
23 344
-
-
surtax
-
-
-
-
withholding
12 440
17 373
-
-
total
29 156
40 717
-
-
Income
188 500
188 500
188 500
188 500
Total tax
87 868
93 497
87 248
83 109
After tax
100 632
95 003
101 252
105 391
Living cost
32 603
32 603
32 603
32 603
Free-cash
68 029
62 400
68 649
72 788

Estimated living cost  is ₽32603 per week

₽20557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71880
₽65631
₽76019
₽70925
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
5 843
social contributions
-
-
-
5 371
health
-
-
-
8 615
income
-
-
-
31 635
pensions
-
-
-
31 645
surtax
-
-
-
-
total
-
-
-
83 109
Employee
36 405
-
144 910
-
surtax
-
-
-
-
social contributions
1 038
-
4 130
-
income
1 877
-
29 052
-
pensions
4 118
-
10 481
-
total
7 033
-
43 663
-
Employer
36 405
-
144 910
-
other
1 257
-
5 825
-
unemployment
1 474
-
5 868
-
health
2 548
-
13 886
-
pensions
5 982
-
17 572
-
social contributions
109
-
434
-
total
11 370
-
43 585
-
Corporate
140 726
188 500
-
-
surtax
-
-
-
-
income
39 404
52 780
-
-
total
39 404
52 780
-
-
Dividends
101 322
135 720
-
-
social contributions
17 427
23 344
-
-
surtax
-
-
-
-
withholding
12 969
17 373
-
-
total
30 396
40 717
-
-
Income
188 500
188 500
188 500
188 500
Total tax
88 203
93 497
87 248
83 109
After tax
100 297
95 003
101 252
105 391
Living cost
29 372
29 372
29 372
29 372
Free-cash
70 925
65 631
71 880
76 019

Estimated living cost  is ₽29372 per week

₽17035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2984
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.
₽8798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96354
₽94796
₽100848
₽95292
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 013
health
-
-
-
13 158
income
-
-
-
28 275
total
-
-
-
67 446
Employee
32 310
-
188 500
-
social contributions
4 459
-
26 013
-
income
5 389
-
32 769
-
health
2 255
-
13 158
-
total
12 103
-
71 940
-
Employer
32 310
-
188 500
-
total
-
-
-
-
Corporate
156 190
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%.

7 810
9 425
-
-
total
7 810
9 425
-
-
Dividends
148 380
179 075
-
-
social contributions
20 476
24 713
-
-
withholding
22 257
26 861
-
-
health
10 356
12 499
-
-
total
53 089
64 073
-
-
Income
188 500
188 500
188 500
188 500
Total tax
73 002
73 498
71 940
67 446
After tax
115 498
115 002
116 560
121 054
Living cost
20 206
20 206
20 206
20 206
Free-cash
95 292
94 796
96 354
100 848

Estimated living cost  is ₽20206 per week

₽13523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16114
₽70522
₽63227
₽69049
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 516
income
-
-
-
55 798
chamber of commerce
-
-
-
754
pensions
-
-
-
20 595
surtax
-
-
-
188
unemployment
-
-
-
5 845
total
-
-
-
91 696
Employee
47 623
37 975
153 215
-
income
5 421
2 801
45 963
-
other
476
380
1 114
-
pensions
4 877
3 888
11 400
-
health
1 843
1 470
4 307
-
unemployment
1 429
1 139
3 340
-
total
14 046
9 678
66 124
-
Employer
47 623
37 975
153 215
-
other
2 262
1 803
6 921
-
unemployment
1 429
1 139
3 340
-
health
1 799
1 436
4 208
-
surtax
188
188
188
-
accident
618
494
1 447
-
pensions
5 977
4 767
13 971
-
payroll
1 429
1 139
4 597
-
chamber of commerce
190
152
613
-
total
13 892
11 118
35 285
-
Corporate
126 985
139 407
149 599
-
income

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

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

31 746
34 852
37 400
-
total
31 746
34 852
37 400
-
Dividends
95 240
104 555
-
-
withholding
26 190
28 753
-
-
total
26 190
28 753
-
-
Income
188 500
188 500
188 500
188 500
Total tax
85 874
84 401
138 809
91 696
After tax
102 626
104 099
49 691
96 804
Living cost
33 577
33 577
33 577
33 577
Free-cash
69 049
70 522
16 114
63 227

Estimated living cost  is ₽33577 per week

₽22395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30470
₽70142
₽47112
₽56342
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 758
communal

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

-
-
-
9 884
national
-
-
-
73 001
total
-
-
-
106 643
Employee

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

68 163
-
146 000
-
national
20 956
-
54 091
-
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.

5 112
-
10 950
-
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.

3 203
-
6 861
-
communal

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

3 555
-
7 615
-
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.

593
-
1 269
-
total
33 419
-
80 786
-
Employer

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

68 163
-
146 000
-
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.

995
-
2 132
-
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.

4 192
-
8 978
-
surtax
7 729
-
16 557
-
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.

886
-
1 897
-
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.

6 040
-
12 935
-
total
19 842
-
42 499
-
Corporate
100 496
188 500
-
-
surtax
401
769
-
-
income
20 100
38 389
-
-
total
20 501
39 158
-
-
Dividends
79 994
149 342
-
-
withholding

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

23 651
44 455
-
-
total
23 651
44 455
-
-
Income
188 500
188 500
188 500
188 500
Total tax
97 413
83 613
123 285
106 643
After tax
91 087
104 887
65 215
81 857
Living cost
34 745
34 745
34 745
34 745
Free-cash
56 342
70 142
30 470
47 112

Estimated living cost  is ₽34745 per week

₽22380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8783
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67141
₽90984
₽71139
₽84456
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
89
accident
-
-
-
796
income
-
-
-
56 449
pensions
-
-
-
24 995
unemployment
-
-
-
618
total
-
-
-
82 947
Employee
47 434
-
160 342
-
income
10 008
-
53 177
-
other
47
-
89
-
pensions
2 230
-
4 152
-
unemployment
736
-
1 369
-
total
13 021
-
58 787
-
Employer
47 434
-
160 342
-
other
378
-
707
-
unemployment
2 609
-
4 857
-
accident
939
-
1 749
-
pensions
11 194
-
20 845
-
total
15 120
-
28 158
-
Corporate
125 946
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.

18 892
28 275
-
-
total
18 892
28 275
-
-
Dividends
107 054
160 225
-
-
withholding
22 597
34 827
-
-
total
22 597
34 827
-
-
Income
188 500
188 500
188 500
188 500
Total tax
69 630
63 102
86 945
82 947
After tax
118 870
125 398
101 555
105 553
Living cost
34 414
34 414
34 414
34 414
Free-cash
84 456
90 984
67 141
71 139

Estimated living cost  is ₽34414 per week

₽25342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2441
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.
₽6134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46615
₽56929
₽39097
₽44126
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 243
accident
-
-
-
1 590
income
-
-
-
33 271
pensions
-
-
-
28 254
communal
-
-
-
11 913
surtax
-
-
-
9 346
total
-
-
-
97 617
Employee
72 164
-
168 378
-
surtax
4 423
-
10 318
-
income
6 970
-
38 696
-
pensions
5 772
-
13 470
-
health
3 212
-
7 494
-
total
20 377
-
69 978
-
Employer
72 164
-
168 378
-
health
2 201
-
5 136
-
accident
649
-
1 515
-
pensions
5 772
-
13 470
-
total
8 622
-
20 121
-
Corporate
107 714
188 500
-
-
surtax
1 130
1 980
-
-
income
16 158
28 275
-
-
communal
7 271
12 724
-
-
total
24 559
42 979
-
-
Dividends
83 155
145 521
-
-
income
26 556
14 977
-
-
withholding
12 474
21 829
-
-
total
39 030
36 806
-
-
Income
188 500
188 500
188 500
188 500
Total tax
92 588
79 785
90 099
97 617
After tax
95 912
108 715
98 401
90 883
Living cost
51 786
51 786
51 786
51 786
Free-cash
44 126
56 929
46 615
39 097

Estimated living cost  is ₽51786 per week

₽38847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3137
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.
₽9252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61698
₽97163
₽67525
₽94131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
9 029
income
-
-
-
55 836
pensions
-
-
-
25 436
surtax
-
-
-
9 053
unemployment
-
-
-
217
total
-
-
-
99 571
Employee
32 091
-
161 729
-
surtax
114
-
7 913
-
income
5 380
-
50 137
-
other
-
-
-
-
pensions
2 141
-
8 483
-
health
819
-
3 242
-
unemployment
2 233
-
8 852
-
total
10 687
-
78 627
-
Employer
32 091
-
161 729
-
other
-
-
-
-
unemployment
1 018
-
4 031
-
health
1 459
-
5 787
-
pensions
4 279
-
16 953
-
total
6 756
-
26 771
-
Corporate
149 653
188 500
-
-
income
38 910
49 010
-
-
total
38 910
49 010
-
-
Dividends
110 743
139 490
-
-
withholding
16 612
20 923
-
-
total
16 612
20 923
-
-
Income
188 500
188 500
188 500
188 500
Total tax
72 965
69 933
105 398
99 571
After tax
115 535
118 567
83 102
88 929
Living cost
21 404
21 404
21 404
21 404
Free-cash
94 131
97 163
61 698
67 525

Estimated living cost  is ₽21404 per week

₽12922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54728
₽73408
₽62956
₽71294
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 693
national
-
-
-
48 196
regional
-
-
-
2 858
municipal
-
-
-
1 127
total
-
-
-
99 874
Employee
52 860
-
188 500
-
social contributions
17 825
-
62 527
-
municipal
280
-
1 007
-
national
8 374
-
42 010
-
regional
712
-
2 558
-
total
27 191
-
108 102
-
Employer
52 860
-
188 500
-
total
-
-
-
-
Corporate
135 640
188 500
-
-
nationa
32 554
45 240
-
-
municipal
6 742
9 369
-
-
total
39 296
54 609
-
-
Dividends
96 345
133 891
-
-
withholding
25 049
34 813
-
-
total
25 049
34 813
-
-
Income
188 500
188 500
188 500
188 500
Total tax
91 536
89 422
108 102
99 874
After tax
96 964
99 078
80 398
88 626
Living cost
25 670
25 670
25 670
25 670
Free-cash
71 294
73 408
54 728
62 956

Estimated living cost  is ₽25670 per week

₽15964
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.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72135
₽100889
₽80059
₽90581
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 740
health
-
-
-
25 447
income
-
-
-
19 397
solidarity contribution
-
-
-
964
total
-
-
-
79 548
Employee
42 490
-
146 434
-
social contributions
2 762
-
7 511
-
solidarity contribution
-
-
253
-
income
5 099
-
17 873
-
health
5 736
-
19 769
-
total
13 597
-
45 406
-
Employer
42 490
-
146 434
-
health
3 824
-
13 179
-
social contributions
10 623
-
28 887
-
total
14 447
-
42 066
-
Corporate
131 563
188 500
-
-
income
24 997
35 815
-
-
total
24 997
35 815
-
-
Dividends
106 566
152 685
-
-
withholding
15 985
22 903
-
-
total
15 985
22 903
-
-
Income
188 500
188 500
188 500
188 500
Total tax
69 026
58 718
87 472
79 548
After tax
119 474
129 782
101 028
108 952
Living cost
28 893
28 893
28 893
28 893
Free-cash
90 581
100 889
72 135
80 059

Estimated living cost  is ₽28893 per week

₽21487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19336
₽73800
₽66590
₽73327
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 516
income
-
-
-
55 798
chamber of commerce
-
-
-
754
pensions
-
-
-
20 595
surtax
-
-
-
-
unemployment
-
-
-
5 845
total
-
-
-
91 508
Employee
41 655
37 975
153 391
-
income
3 711
2 801
46 048
-
other
416
380
1 114
-
pensions
4 266
3 888
11 400
-
health
1 611
1 470
4 307
-
unemployment
1 250
1 139
3 340
-
total
11 254
9 678
66 209
-
Employer
41 655
37 975
153 391
-
other
1 978
1 803
6 928
-
unemployment
1 250
1 139
3 340
-
health
1 575
1 436
4 208
-
surtax
-
-
-
-
accident
541
494
1 447
-
pensions
5 228
4 767
13 971
-
payroll
1 250
1 139
4 602
-
chamber of commerce
166
152
613
-
total
11 988
10 930
35 109
-
Corporate
134 857
139 595
149 774
-
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.

33 715
34 899
37 444
-
total
33 715
34 899
37 444
-
Dividends
101 143
104 696
-
-
withholding
27 814
28 791
-
-
total
27 814
28 791
-
-
Income
188 500
188 500
188 500
188 500
Total tax
84 771
84 298
138 762
91 508
After tax
103 729
104 202
49 738
96 992
Living cost
30 402
30 402
30 402
30 402
Free-cash
73 327
73 800
19 336
66 590

Estimated living cost  is ₽30402 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3105
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138386
₽166661
₽174201
₽164333
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 517
-
188 500
-
income
3 104
-
37 700
-
total
3 104
-
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%.

172 983
188 500
-
-
total
-
-
-
-
Dividends
172 983
188 500
-
-
withholding
8 649
9 425
-
-
total
8 649
9 425
-
-
Income
188 500
188 500
188 500
188 500
Total tax
11 753
9 425
37 700
1 885
After tax
176 747
179 075
150 800
186 615
Living cost
12 414
12 414
12 414
12 414
Free-cash
164 333
166 661
138 386
174 201

Estimated living cost  is ₽12414 per week

₽8400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽521
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽416
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60465
₽104223
₽64684
₽96249
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
18 548
income
-
-
-
45 000
pensions
-
-
-
34 426
unemployment
-
-
-
282
total
-
-
-
98 256
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.

42 138
-
163 105
-
income
7 267
-
41 036
-
pensions
6 532
-
25 281
-
health
2 722
-
10 535
-
unemployment
60
-
228
-
total
16 581
-
77 080
-
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.

42 138
-
163 105
-
unemployment
25
-
98
-
health
2 807
-
10 863
-
pensions
3 729
-
14 434
-
total
6 561
-
25 395
-
Corporate
139 801
188 500
-
-
income
26 563
35 814
-
-
total
26 563
35 814
-
-
Dividends
113 238
152 686
-
-
withholding
16 986
22 903
-
-
total
16 986
22 903
-
-
Income
188 500
188 500
188 500
188 500
Total tax
66 691
58 717
102 475
98 256
After tax
121 809
129 783
86 025
90 244
Living cost
25 560
25 560
25 560
25 560
Free-cash
96 249
104 223
60 465
64 684

Estimated living cost  is ₽25560 per week

₽17541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1638
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.
₽5886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132059
₽71430
₽87015
₽23749
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 743
total
-
-
-
58 232
Employee
62 019
-
-
-
social contributions
5 086
-
725
-
income
13 680
-
-
-
total
18 766
-
725
-
Employer
62 019
-
-
-
social contributions
87 447
-
12 463
-
total
87 447
-
12 463
-
Corporate
39 034
188 500
-
-
income
8 587
41 470
-
-
total
8 587
41 470
-
-
Dividends
30 446
147 030
-
-
income
6 698
32 347
-
-
total
6 698
32 347
-
-
Income
188 500
188 500
188 500
188 500
Total tax
121 498
73 817
13 188
58 232
After tax
67 002
114 683
175 312
130 268
Living cost
43 253
43 253
43 253
43 253
Free-cash
23 749
71 430
132 059
87 015

Estimated living cost  is ₽43253 per week

₽28064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55445
₽77328
₽69736
₽76369
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
65 504
income
-
-
-
23 370
surtax
-
-
-
-
total
-
-
-
88 874
Employee
43 827
-
152 324
-
surtax
-
-
-
-
social contributions
4 821
-
16 756
-
income
9 116
-
50 233
-
total
13 937
-
66 989
-
Employer
43 827
-
152 324
-
social contributions
10 409
-
36 176
-
total
10 409
-
36 176
-
Corporate
134 264
188 500
-
-
surtax
-
-
-
-
income
28 196
39 585
-
-
total
28 196
39 585
-
-
Dividends
106 068
148 915
-
-
withholding
29 699
41 697
-
-
total
29 699
41 697
-
-
Income
188 500
188 500
188 500
188 500
Total tax
82 241
81 282
103 165
88 874
After tax
106 259
107 218
85 335
99 626
Living cost
29 890
29 890
29 890
29 890
Free-cash
76 369
77 328
55 445
69 736

Estimated living cost  is ₽29890 per week

₽22364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55227
₽48978
₽59366
₽55528
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
5 843
social contributions
-
-
-
5 371
health
-
-
-
8 615
income
-
-
-
31 635
pensions
-
-
-
31 645
surtax
-
-
-
-
total
-
-
-
83 109
Employee
59 683
-
144 910
-
surtax
-
-
-
-
social contributions
1 700
-
4 130
-
income
5 208
-
29 052
-
pensions
6 751
-
10 481
-
total
13 659
-
43 663
-
Employer
59 683
-
144 910
-
other
2 060
-
5 825
-
unemployment
2 418
-
5 868
-
health
4 177
-
13 886
-
pensions
9 807
-
17 572
-
social contributions
179
-
434
-
total
18 641
-
43 585
-
Corporate
110 176
188 500
-
-
surtax
-
-
-
-
income
30 849
52 780
-
-
total
30 849
52 780
-
-
Dividends
79 328
135 720
-
-
social contributions
13 644
23 344
-
-
surtax
-
-
-
-
withholding
10 154
17 373
-
-
total
23 798
40 717
-
-
Income
188 500
188 500
188 500
188 500
Total tax
86 947
93 497
87 248
83 109
After tax
101 553
95 003
101 252
105 391
Living cost
46 025
46 025
46 025
46 025
Free-cash
55 528
48 978
55 227
59 366

Estimated living cost  is ₽46025 per week

₽31149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽631
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114481
₽141006
₽109468
₽137805
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
8 917
social contributions
-
-
-
41 471
total
-
-
-
50 388
Employee
30 635
-
163 203
-
income
-
-
9 472
-
social contributions
1 991
-
10 608
-
total
1 991
-
20 080
-
Employer
30 635
-
163 203
-
social contributions
4 749
-
25 295
-
total
4 749
-
25 295
-
Corporate
153 116
188 500
-
-
income
15 311
18 850
-
-
total
15 311
18 850
-
-
Dividends
137 805
169 650
-
-
total
-
-
-
-
Income
188 500
188 500
188 500
188 500
Total tax
22 051
18 850
45 375
50 388
After tax
166 449
169 650
143 125
138 112
Living cost
28 644
28 644
28 644
28 644
Free-cash
137 805
141 006
114 481
109 468

Estimated living cost  is ₽28644 per week

₽18521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18551
-₽18551
₽64187
-₽18551
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
15 014
pensions
-
-
-
824
national
-
-
-
22 816
municipal
-
-
-
39 892
total
-
-
-
78 546
Employee
193 171
193 171
193 171
-
labour market
15 432
15 432
15 432
-
municipal
41 135
41 135
41 135
-
national
23 599
23 599
23 599
-
pensions
275
275
275
-
total
80 441
80 441
80 441
-
Employer
193 171
193 171
193 171
-
national
23 640
23 640
23 640
-
labour market
15 454
15 454
15 454
-
pensions
549
549
549
-
municipal
41 200
41 200
41 200
-
total
80 843
80 843
80 843
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
188 500
188 500
188 500
188 500
Total tax
161 284
161 284
161 284
78 546
After tax
27 216
27 216
27 216
109 954
Living cost
45 767
45 767
45 767
45 767
Free-cash
-18 551
-18 551
-18 551
64 187

Estimated living cost  is ₽45767 per week

₽31323
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽704
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82354
-₽5468
₽108049
₽12088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
355
health
-
-
-
2 086
accident
-
-
-
242
income
-
-
-
53 050
pensions
-
-
-
3 981
total
-
-
-
59 714
Employee
32 620
-
170 918
-
income
4 475
-
40 958
-
pensions
3 673
-
7 299
-
health
3 735
-
19 570
-
total
11 883
-
67 827
-
Employer
32 620
-
170 918
-
unemployment
799
-
4 188
-
accident
545
-
2 854
-
pensions
5 304
-
10 540
-
total
6 648
-
17 582
-
Corporate
149 232
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.

134 308
169 650
-
-
total
134 308
169 650
-
-
Dividends
14 923
18 850
-
-
withholding
2 836
3 581
-
-
total
2 836
3 581
-
-
Income
188 500
188 500
188 500
188 500
Total tax
155 675
173 231
85 409
59 714
After tax
32 825
15 269
103 091
128 786
Living cost
20 737
20 737
20 737
20 737
Free-cash
12 088
-5 468
82 354
108 049

Estimated living cost  is ₽20737 per week

₽15094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60407
₽80250
₽81994
₽83140
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 505
national
-
-
-
33 936
municipal
-
-
-
33 480
total
-
-
-
69 921
Employee
50 135
-
158 575
-
municipal
8 212
-
25 821
-
national
828
-
20 639
-
pensions
3 383
-
10 704
-
health
374
-
2 043
-
unemployment
752
-
2 378
-
total
13 549
-
61 585
-
Employer
50 135
-
158 575
-
unemployment
326
-
1 031
-
health
385
-
1 221
-
accident
51
-
159
-
pensions
8 698
-
27 512
-
total
9 460
-
29 923
-
Corporate
128 905
188 500
-
-
income
25 782
37 700
-
-
total
25 782
37 700
-
-
Dividends

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

77 343
113 100
-
-
national
6 062
13 607
-
-
municipal
13 922
20 358
-
-
total
19 984
33 965
-
-
Income
188 500
188 500
188 500
188 500
Total tax
68 775
71 665
91 508
69 921
After tax
119 725
116 835
96 992
118 579
Living cost
36 585
36 585
36 585
36 585
Free-cash
83 140
80 250
60 407
81 994

Estimated living cost  is ₽36585 per week

₽23897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8588
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104141
₽115383
₽105743
₽110198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 418
health
-
-
-
4 807
income
-
-
-
40 469
total
-
-
-
60 694
Employee
73 275
73 275
177 022
-
social contributions
2 770
6 081
8 203
-
income
7 978
6 783
39 606
-
health
568
1 246
3 009
-
total
11 316
14 110
50 818
-
Employer
73 275
73 275
177 022
-
health
617
1 356
3 275
-
social contributions
2 770
6 081
8 203
-
total
3 387
7 437
11 478
-
Corporate
151 734
107 787
-
-
income
18 966
13 474
-
-
total
18 966
13 474
-
-
Dividends
132 768
94 313
-
-
withholding
22 570
16 033
-
-
total
22 570
16 033
-
-
Income
188 500
188 500
188 500
188 500
Total tax
56 239
51 054
62 296
60 694
After tax
132 261
137 446
126 204
127 806
Living cost
22 063
22 063
22 063
22 063
Free-cash
110 198
115 383
104 141
105 743

Estimated living cost  is ₽22063 per week

₽13223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2165
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.
₽6188
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125371
₽140968
₽144483
₽136118
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 449
income
-
-
-
19 349
pensions
-
-
-
6 062
unemployment
-
-
-
27
total
-
-
-
28 887
Employee

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

21 873
-
179 187
-
income
1 496
-
16 986
-
pensions
3 280
-
13 563
-
health
1 859
-
7 685
-
unemployment
109
-
452
-
total
6 744
-
38 686
-
Employer

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

21 873
-
179 187
-
unemployment
109
-
452
-
health
940
-
3 888
-
pensions
1 203
-
4 973
-
total
2 252
-
9 313
-
Corporate
164 376
188 500
-
-
income
14 794
16 964
-
-
total
14 794
16 964
-
-
Dividends
149 582
171 536
-
-
withholding
13 463
15 438
-
-
total
13 463
15 438
-
-
Income
188 500
188 500
188 500
188 500
Total tax
37 253
32 402
47 999
28 887
After tax
151 247
156 098
140 501
159 613
Living cost
15 130
15 130
15 130
15 130
Free-cash
136 118
140 968
125 371
144 483

Estimated living cost  is ₽15130 per week

₽9653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1090
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75351
₽99194
₽79349
₽94987
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
89
accident
-
-
-
796
income
-
-
-
56 449
pensions
-
-
-
24 995
unemployment
-
-
-
618
total
-
-
-
82 947
Employee
35 235
-
160 342
-
income
6 793
-
53 177
-
other
34
-
89
-
pensions
1 656
-
4 152
-
unemployment
546
-
1 369
-
total
9 029
-
58 787
-
Employer
35 235
-
160 342
-
other
282
-
707
-
unemployment
1 939
-
4 857
-
accident
698
-
1 749
-
pensions
8 315
-
20 845
-
total
11 234
-
28 158
-
Corporate
142 031
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.

21 304
28 275
-
-
total
21 304
28 275
-
-
Dividends
120 727
160 225
-
-
withholding
25 742
34 827
-
-
total
25 742
34 827
-
-
Income
188 500
188 500
188 500
188 500
Total tax
67 309
63 102
86 945
82 947
After tax
121 191
125 398
101 555
105 553
Living cost
26 204
26 204
26 204
26 204
Free-cash
94 987
99 194
75 351
79 349

Estimated living cost  is ₽26204 per week

₽17687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119590
₽115855
₽119716
₽115564
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
936
income
-
-
-
64 788
pensions
-
-
-
1 291
total
-
-
-
67 015
Employee
2 695
-
187 048
-
income
521
-
64 720
-
pensions
243
-
581
-
health
135
-
323
-
unemployment
27
-
65
-
total
926
-
65 689
-
Employer
2 695
-
187 048
-
unemployment
54
-
129
-
health
256
-
613
-
pensions
296
-
710
-
total
606
-
1 452
-
Corporate
185 199
188 500
-
-
income
40 744
41 470
-
-
total
40 744
41 470
-
-
Dividends
144 455
147 030
-
-
withholding
28 891
29 406
-
-
total
28 891
29 406
-
-
Income
188 500
188 500
188 500
188 500
Total tax
71 167
70 876
67 141
67 015
After tax
117 333
117 624
121 359
121 485
Living cost
1 769
1 769
1 769
1 769
Free-cash
115 564
115 855
119 590
119 716

Estimated living cost  is ₽1769 per week

₽1051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102304
₽119732
₽102305
₽115050
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 244
income
-
-
-
43 150
pensions
-
-
-
18 287
unemployment
-
-
-
1 055
total
-
-
-
69 736
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.

24 818
-
175 910
-
income
3 421
-
43 150
-
pensions
3 475
-
9 847
-
health
1 278
-
3 622
-
unemployment
186
-
528
-
total
8 360
-
57 147
-
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.

24 818
-
175 910
-
unemployment
186
-
528
-
health
1 278
-
3 622
-
pensions
2 978
-
8 440
-
total
4 442
-
12 590
-
Corporate
159 239
188 500
-
-
income
23 886
28 275
-
-
total
23 886
28 275
-
-
Dividends
135 353
160 225
-
-
withholding
20 303
24 034
-
-
total
20 303
24 034
-
-
Income
188 500
188 500
188 500
188 500
Total tax
56 991
52 309
69 737
69 736
After tax
131 509
136 191
118 763
118 764
Living cost
16 459
16 459
16 459
16 459
Free-cash
115 050
119 732
102 304
102 305

Estimated living cost  is ₽16459 per week

₽11082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3628
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59645
₽81528
₽73936
₽81186
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
65 504
income
-
-
-
23 370
surtax
-
-
-
-
total
-
-
-
88 874
Employee
36 985
-
152 324
-
surtax
-
-
-
-
social contributions
4 069
-
16 756
-
income
7 227
-
50 233
-
total
11 296
-
66 989
-
Employer
36 985
-
152 324
-
social contributions
8 783
-
36 176
-
total
8 783
-
36 176
-
Corporate
142 732
188 500
-
-
surtax
-
-
-
-
income
29 973
39 585
-
-
total
29 973
39 585
-
-
Dividends
112 758
148 915
-
-
withholding
31 572
41 697
-
-
total
31 572
41 697
-
-
Income
188 500
188 500
188 500
188 500
Total tax
81 624
81 282
103 165
88 874
After tax
106 876
107 218
85 335
99 626
Living cost
25 690
25 690
25 690
25 690
Free-cash
81 186
81 528
59 645
73 936

Estimated living cost  is ₽25690 per week

₽18196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1785
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.
₽5255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68065
₽91908
₽72063
₽85674
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
89
accident
-
-
-
796
income
-
-
-
56 449
pensions
-
-
-
24 995
unemployment
-
-
-
618
total
-
-
-
82 947
Employee
46 022
-
160 342
-
income
9 612
-
53 177
-
other
45
-
89
-
pensions
2 163
-
4 152
-
unemployment
712
-
1 369
-
total
12 532
-
58 787
-
Employer
46 022
-
160 342
-
other
369
-
707
-
unemployment
2 532
-
4 857
-
accident
911
-
1 749
-
pensions
10 861
-
20 845
-
total
14 673
-
28 158
-
Corporate
127 805
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.

19 170
28 275
-
-
total
19 170
28 275
-
-
Dividends
108 635
160 225
-
-
withholding
22 961
34 827
-
-
total
22 961
34 827
-
-
Income
188 500
188 500
188 500
188 500
Total tax
69 336
63 102
86 945
82 947
After tax
119 164
125 398
101 555
105 553
Living cost
33 490
33 490
33 490
33 490
Free-cash
85 674
91 908
68 065
72 063

Estimated living cost  is ₽33490 per week

₽24051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142750
₽144891
₽135123
₽139123
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 801
income
-
-
-
28 275
pensions

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

-
-
-
4 892
unemployment
-
-
-
132
total
-
-
-
37 100
Employee
21 553
-
182 016
-
income
2 156
-
18 202
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

1 892
-
2 902
-
health
992
-
1 520
-
total
5 277
-
22 988
-
Employer
21 553
-
182 016
-
unemployment
129
-
198
-
health
1 487
-
2 281
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

2 375
-
3 642
-
total
4 228
-
6 485
-
Corporate
162 718
188 500
-
-
income
16 272
18 850
-
-
total
16 272
18 850
-
-
Dividends
146 446
169 650
-
-
withholding
7 323
8 482
-
-
total
7 323
8 482
-
-
Income
188 500
188 500
188 500
188 500
Total tax
33 100
27 332
29 473
37 100
After tax
155 400
161 168
159 027
151 400
Living cost
16 277
16 277
16 277
16 277
Free-cash
139 123
144 891
142 750
135 123

Estimated living cost  is ₽16277 per week

₽10765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81313
₽60187
₽60622
₽72654
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 510
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.

-
-
-
60 556
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.

-
-
-
3 331
trade
-
-
-
20 691
total
-
-
-
91 088
Employee

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

47 414
-
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.

215
-
3 331
-
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.

3 899
-
60 556
-
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.

6 510
-
6 510
-
total
10 624
-
70 397
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 086
188 500
-
-
chamber of commerce
351
421
-
-
surtax

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

1 165
1 555
-
-
trade
20 246
27 049
-
-
income
21 163
28 275
-
-
total
42 925
57 300
-
-
Dividends
98 161
131 199
-
-
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.

1 329
1 785
-
-
withholding
24 178
32 438
-
-
total
25 507
34 223
-
-
Income
188 500
188 500
188 500
188 500
Total tax
79 056
91 523
70 397
91 088
After tax
109 444
96 977
118 103
97 412
Living cost
36 790
36 790
36 790
36 790
Free-cash
72 654
60 187
81 313
60 622

Estimated living cost  is ₽36790 per week

₽25378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3958
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42641
₽77666
₽42641
₽79773
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
59 648
social contributions
-
-
-
31 928
total
-
-
-
91 576
Employee
74 540
-
188 500
-
income
14 065
-
59 648
-
social contributions
6 193
-
31 928
-
total
20 258
-
91 576
-
Employer
74 540
-
188 500
-
total
-
-
-
-
Corporate
113 960
188 500
-
-
income
14 244
23 563
-
-
total
14 244
23 563
-
-
Dividends
99 716
164 937
-
-
withholding
19 942
32 988
-
-
total
19 942
32 988
-
-
Income
188 500
188 500
188 500
188 500
Total tax
54 444
56 551
91 576
91 576
After tax
134 056
131 949
96 924
96 924
Living cost
54 283
54 283
54 283
54 283
Free-cash
79 773
77 666
42 641
42 641

Estimated living cost  is ₽54283 per week

₽41297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98177
₽82899
₽119730
₽86230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
28 275
health

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

-
-
-
5 904
total
-
-
-
34 179
Employee
43 714
-
184 117
-
income
4 743
-
46 966
-
social contributions
4 380
-
4 383
-
total
9 123
-
51 349
-
Employer
43 714
-
184 117
-
social contributions
4 380
-
4 383
-
total
4 380
-
4 383
-
Corporate
140 406
188 500
-
-
income
49 142
65 976
-
-
total
49 142
65 976
-
-
Dividends
91 264
122 524
-
-
social contributions
5 034
5 034
-
-
total
5 034
5 034
-
-
Income
188 500
188 500
188 500
188 500
Total tax
67 679
71 010
55 732
34 179
After tax
120 821
117 490
132 768
154 321
Living cost
34 591
34 591
34 591
34 591
Free-cash
86 230
82 899
98 177
119 730

Estimated living cost  is ₽34591 per week

₽22785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71303
₽85912
₽88242
₽91506
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
56 214
pensions
-
-
-
8 943
total
-
-
-
65 157
Employee
48 181
-
164 463
-
income
8 774
-
44 922
-
health
629
-
2 298
-
pensions
3 677
-
10 839
-
total
13 080
-
58 059
-
Employer
48 181
-
164 463
-
health
916
-
3 124
-
pensions
4 868
-
20 913
-
total
5 784
-
24 037
-
Corporate
134 536
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.

25 563
35 815
-
-
total
25 563
35 815
-
-
Dividends
108 973
152 685
-
-
withholding
17 466
31 672
-
-
total
17 466
31 672
-
-
Income
188 500
188 500
188 500
188 500
Total tax
61 893
67 487
82 096
65 157
After tax
126 607
121 013
106 404
123 343
Living cost
35 101
35 101
35 101
35 101
Free-cash
91 506
85 912
71 303
88 242

Estimated living cost  is ₽35101 per week

₽24079
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽80301
-₽7521
₽105996
₽11773
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
355
health
-
-
-
2 086
accident
-
-
-
242
income
-
-
-
53 050
pensions
-
-
-
3 981
total
-
-
-
59 714
Employee
35 849
-
170 918
-
income
4 918
-
40 958
-
pensions
4 037
-
7 299
-
health
4 105
-
19 570
-
total
13 060
-
67 827
-
Employer
35 849
-
170 918
-
unemployment
878
-
4 188
-
accident
599
-
2 854
-
pensions
5 829
-
10 540
-
total
7 306
-
17 582
-
Corporate
145 345
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.

130 810
169 650
-
-
total
130 810
169 650
-
-
Dividends
14 535
18 850
-
-
withholding
2 761
3 581
-
-
total
2 761
3 581
-
-
Income
188 500
188 500
188 500
188 500
Total tax
153 937
173 231
85 409
59 714
After tax
34 563
15 269
103 091
128 786
Living cost
22 790
22 790
22 790
22 790
Free-cash
11 773
-7 521
80 301
105 996

Estimated living cost  is ₽22790 per week

₽16725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123332
₽131351
₽102409
₽141318
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
31 395
health insurance
-
-
-
11 260
work injury
-
-
-
761
pensions
-
-
-
27 997
unemployment
-
-
-
1 826
total
-
-
-
73 239
Employee

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

20 563
-
188 500
-
income
2 056
-
31 395
-
work injury
103
-
380
-
health insurance
1 522
-
5 630
-
pensions
3 784
-
13 998
-
unemployment
247
-
913
-
total
7 712
-
52 316
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
167 937
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%.

1 679
18 850
-
-
total
1 679
18 850
-
-
Dividends
166 258
169 650
-
-
withholding
24 939
25 447
-
-
total
24 939
25 447
-
-
Income
188 500
188 500
188 500
188 500
Total tax
34 330
44 297
52 316
73 239
After tax
154 170
144 203
136 184
115 261
Living cost
12 852
12 852
12 852
12 852
Free-cash
141 318
131 351
123 332
102 409

Estimated living cost  is ₽12852 per week

₽7962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
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.
₽3555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40980
₽61328
₽49011
₽56994
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 693
national
-
-
-
48 196
regional
-
-
-
4 370
municipal
-
-
-
1 268
total
-
-
-
101 527
Employee
80 299
-
188 500
-
social contributions
27 076
-
62 527
-
municipal
479
-
1 134
-
national
13 570
-
42 010
-
regional
1 212
-
3 887
-
total
42 337
-
109 558
-
Employer
80 299
-
188 500
-
total
-
-
-
-
Corporate
108 201
188 500
-
-
nationa
25 968
45 240
-
-
municipal
5 215
9 085
-
-
total
31 183
54 325
-
-
Dividends
77 018
134 175
-
-
withholding
20 024
34 885
-
-
total
20 024
34 885
-
-
Income
188 500
188 500
188 500
188 500
Total tax
93 544
89 210
109 558
101 527
After tax
94 956
99 290
78 942
86 973
Living cost
37 962
37 962
37 962
37 962
Free-cash
56 994
61 328
40 980
49 011

Estimated living cost  is ₽37962 per week

₽26666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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