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
₽64590
₽88368
₽66043
₽75715
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
59 525
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.

-
-
-
3 273
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.

-
-
-
6 871
trade
-
-
-
22 325
total
-
-
-
91 994
Employee

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

38 468
-
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.

59
-
3 273
-
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.

1 075
-
59 525
-
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.

6 871
-
6 871
-
total
8 005
-
69 669
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
150 032
188 500
-
-
income
22 504
28 276
-
-
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.

1 239
1 556
-
-
chamber of commerce
368
424
-
-
trade
23 630
29 688
-
-
total
47 741
59 944
-
-
Dividends
102 291
128 557
-
-
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.

1 386
1 746
-
-
withholding
25 190
31 757
-
-
total
26 576
33 503
-
-
Income
188 500
188 500
188 500
188 500
Total tax
82 322
93 447
69 669
91 994
After tax
106 178
95 053
118 831
96 506
Living cost
30 463
30 463
30 463
30 463
Free-cash
75 715
64 590
88 368
66 043

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64213
₽58499
₽57487
₽63324
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
20 671
national
-
-
-
32 285
pensions
-
-
-
22 620
total
-
-
-
77 602
Employee
82 797
-
162 957
-
municipal
10 227
-
21 400
-
pensions
3 312
-
6 518
-
national
15 847
-
33 883
-
total
29 386
-
61 801
-
Employer
82 797
-
162 957
-
pensions
6 624
-
13 037
-
social contributions
890
-
1 752
-
total
7 514
-
14 789
-
Corporate
92 725
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%.

18 545
37 700
-
-
total
18 545
37 700
-
-
Dividends
74 180
150 800
-
-
withholding
16 320
33 176
-
-
total
16 320
33 176
-
-
Income
188 500
188 500
188 500
188 500
Total tax
71 765
70 876
76 590
77 602
After tax
116 735
117 624
111 910
110 898
Living cost
53 411
53 411
53 411
53 411
Free-cash
63 324
64 213
58 499
57 487

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129876
₽59045
₽45097
₽121627
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
35 876
surtax
-
-
-
48 068
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.

-
-
-
38 535
microenterprise
-
-
-
-
total
-
-
-
122 479
Employee
29 388
-
143 806
-
surtax
-
-
20 851
-
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.

3 233
-
13 185
-
income
5 231
-
29 802
-
total
8 464
-
63 838
-
Employer
29 388
-
143 806
-
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.

7 079
-
28 875
-
surtax
-
-
15 818
-
total
7 079
-
44 693
-
Corporate
152 033
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%.

30 406
37 700
-
-
total
30 406
37 700
-
-
Dividends

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

121 627
150 800
-
-
total
-
-
-
-
Income
188 500
188 500
188 500
188 500
Total tax
45 949
37 700
108 531
122 479
After tax
142 551
150 800
79 969
66 021
Living cost
20 924
20 924
20 924
20 924
Free-cash
121 627
129 876
59 045
45 097

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51362
₽76868
₽61146
₽45201
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
61 036
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
85 222
Employee
85 887
85 887
169 809
-
pensions
15 460
11 784
11 784
-
income

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

14 058
14 058
26 623
-
health
13 183
11 213
12 402
-
total
42 701
37 055
50 809
-
Employer
85 887
85 887
169 809
-
health
5 970
5 970
7 419
-
pensions
5 978
5 978
7 430
-
unemployment
3 092
3 092
3 842
-
total
15 040
15 040
18 691
-
Corporate
88 627
87 573
-
-
income
17 725
17 515
-
-
total
17 725
17 515
-
-
Dividends
70 902
70 058
-
-
income
15 066
14 887
-
-
withholding
10 635
10 509
-
-
total
25 701
25 396
-
-
Income
188 500
188 500
188 500
188 500
Total tax
101 167
95 006
69 500
85 222
After tax
87 333
93 494
119 000
103 278
Living cost
42 132
42 132
42 132
42 132
Free-cash
45 201
51 362
76 868
61 146

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61715
₽54182
₽55182
₽60790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
181
other
-
-
-
10 494
unemployment
-
-
-
90
health
-
-
-
5 635
municipal
-
-
-
48 409
national
-
-
-
17 541
pensions
-
-
-
9 762
total
-
-
-
92 112
Employee
58 715
-
160 125
-
municipal
17 509
-
47 749
-
national
-
-
16 988
-
total
17 509
-
64 737
-
Employer
58 715
-
160 125
-
health
3 611
-
5 554
-
pensions
6 347
-
9 762
-
accident
117
-
181
-
unemployment
1 550
-
2 384
-
other
6 823
-
10 494
-
total
18 448
-
28 375
-
Corporate
111 337
188 500
-
-
income
24 494
41 470
-
-
total
24 494
41 470
-
-
Dividends
86 843
147 030
-
-
withholding
26 053
44 109
-
-
total
26 053
44 109
-
-
Income
188 500
188 500
188 500
188 500
Total tax
86 504
85 579
93 112
92 112
After tax
101 996
102 921
95 388
96 388
Living cost
41 206
41 206
41 206
41 206
Free-cash
60 790
61 715
54 182
55 182

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54573
₽79321
₽56006
₽68707
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
59 525
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.

-
-
-
3 273
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.

-
-
-
6 871
trade
-
-
-
23 315
total
-
-
-
92 984
Employee

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

51 004
-
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.

240
-
3 273
-
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.

4 382
-
59 525
-
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.

6 871
-
6 871
-
total
11 493
-
69 669
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
137 496
188 500
-
-
income
20 624
28 276
-
-
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.

1 134
1 556
-
-
chamber of commerce
347
420
-
-
trade
22 619
31 009
-
-
total
44 724
61 261
-
-
Dividends
92 772
127 240
-
-
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.

1 254
1 729
-
-
withholding
22 812
31 427
-
-
total
24 066
33 156
-
-
Income
188 500
188 500
188 500
188 500
Total tax
80 283
94 417
69 669
92 984
After tax
108 217
94 083
118 831
95 516
Living cost
39 510
39 510
39 510
39 510
Free-cash
68 707
54 573
79 321
56 006

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104854
₽94024
₽95651
₽100683
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 149
social contributions
-
-
-
16 273
health
-
-
-
4 806
total
-
-
-
60 228
Employee
77 337
77 337
176 575
-
social contributions
3 758
6 419
8 657
-
income
8 121
7 159
38 271
-
health
769
1 315
3 002
-
total
12 648
14 893
49 930
-
Employer
77 337
77 337
176 575
-
health
838
1 431
3 268
-
social contributions
3 758
6 419
8 657
-
total
4 596
7 850
11 925
-
Corporate
138 634
103 313
-
-
income
17 330
12 914
-
-
total
17 330
12 914
-
-
Dividends
121 304
90 399
-
-
withholding
20 622
15 368
-
-
total
20 622
15 368
-
-
Income
188 500
188 500
188 500
188 500
Total tax
55 196
51 025
61 855
60 228
After tax
133 304
137 475
126 645
128 272
Living cost
32 621
32 621
32 621
32 621
Free-cash
100 683
104 854
94 024
95 651

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
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.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽87414
₽90820
₽112128
₽87798
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 044
unemployment
-
-
-
2 828
health
-
-
-
13 195
pensions
-
-
-
18 850
total
-
-
-
57 917
Employee

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

The minimum wage is 138,000 HUF per month.

26 641
10 603
157 741
-
unemployment
400
159
2 366
-
pensions
2 664
1 060
15 774
-
income
3 257
1 296
19 284
-
health
1 865
742
11 042
-
total
8 186
3 257
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.

26 641
10 603
157 741
-
pensions
5 195
2 068
30 759
-
total
5 195
2 068
30 759
-
Corporate
156 664
175 830
-
-
income
14 100
15 825
-
-
total
14 100
15 825
-
-
Dividends
142 565
160 005
-
-
social contributions
27 679
31 080
-
-
withholding
27 087
30 401
-
-
total
54 766
61 481
-
-
Income
188 500
188 500
188 500
188 500
Total tax
82 247
82 631
79 225
57 917
After tax
106 253
105 869
109 275
130 583
Living cost
18 455
18 455
18 455
18 455
Free-cash
87 798
87 414
90 820
112 128

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126508
₽84356
₽76746
₽120261
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 258
health
-
-
-
24 504
pensions
-
-
-
37 700
total
-
-
-
87 462
Employee
28 531
-
140 881
-
unemployment
456
-
2 254
-
pensions
571
-
2 817
-
income
3 212
-
27 161
-
total
4 239
-
32 232
-
Employer
28 531
-
140 881
-
health
3 708
-
18 315
-
pensions
5 707
-
28 177
-
unemployment
229
-
1 128
-
total
9 644
-
47 620
-
Corporate
150 324
188 500
-
-
income
30 064
37 700
-
-
total
30 064
37 700
-
-
Dividends
120 260
150 800
-
-
total
-
-
-
-
Income
188 500
188 500
188 500
188 500
Total tax
43 947
37 700
79 852
87 462
After tax
144 553
150 800
108 648
101 038
Living cost
24 292
24 292
24 292
24 292
Free-cash
120 261
126 508
84 356
76 746

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7131
₽80312
₽106427
₽11832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
52 582
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
59 673
Employee
35 237
-
170 268
-
pensions
3 968
-
7 768
-
income
4 834
-
40 293
-
health
4 035
-
19 495
-
total
12 837
-
67 556
-
Employer
35 237
-
170 268
-
pensions
5 730
-
11 218
-
accident
588
-
2 843
-
unemployment
863
-
4 171
-
total
7 181
-
18 232
-
Corporate
146 082
188 500
-
-
income

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

131 474
169 650
-
-
total
131 474
169 650
-
-
Dividends
14 608
18 850
-
-
withholding
2 776
3 581
-
-
total
2 776
3 581
-
-
Income
188 500
188 500
188 500
188 500
Total tax
154 268
173 231
85 788
59 673
After tax
34 232
15 269
102 712
128 827
Living cost
22 400
22 400
22 400
22 400
Free-cash
11 832
-7 131
80 312
106 427

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170935
₽142660
₽178475
₽169408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 174
-
188 500
-
income
2 035
-
37 700
-
total
2 035
-
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%.

178 326
188 500
-
-
total
-
-
-
-
Dividends
178 326
188 500
-
-
withholding
8 917
9 425
-
-
total
8 917
9 425
-
-
Income
188 500
188 500
188 500
188 500
Total tax
10 952
9 425
37 700
1 885
After tax
177 548
179 075
150 800
186 615
Living cost
8 140
8 140
8 140
8 140
Free-cash
169 408
170 935
142 660
178 475

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111692
₽79762
₽80807
₽104896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 194
other
-
-
-
7 264
health
-
-
-
6 730
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.

-
-
-
36 706
total
-
-
-
80 894
Employee
36 518
-
150 559
-
unemployment
365
-
1 506
-
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.

2 556
-
10 539
-
income
6 287
-
29 847
-
health
512
-
2 107
-
total
9 720
-
43 999
-
Employer
36 518
-
150 559
-
health
512
-
2 107
-
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.

6 209
-
25 596
-
accident
292
-
1 204
-
unemployment
365
-
1 506
-
other
1 827
-
7 527
-
total
9 205
-
37 940
-
Corporate
142 779
188 500
-
-
income
29 984
39 584
-
-
total
29 984
39 584
-
-
Dividends
112 795
148 916
-
-
withholding
7 896
10 425
-
-
total
7 896
10 425
-
-
Income
188 500
188 500
188 500
188 500
Total tax
56 805
50 009
81 939
80 894
After tax
131 695
138 491
106 561
107 606
Living cost
26 799
26 799
26 799
26 799
Free-cash
104 896
111 692
79 762
80 807

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽55194
₽40215
₽57207
₽60643
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 191
pensions
-
-
-
9 243
total
-
-
-
64 434
Employee
94 595
-
164 550
-
pensions
9 126
-
11 277
-
income
17 052
-
43 861
-
health
1 559
-
2 339
-
total
27 737
-
57 477
-
Employer
94 595
-
164 550
-
health
1 797
-
3 126
-
pensions
11 169
-
20 823
-
total
12 966
-
23 949
-
Corporate
80 939
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.

15 379
35 814
-
-
total
15 379
35 814
-
-
Dividends
65 560
152 686
-
-
withholding
4 916
30 633
-
-
total
4 916
30 633
-
-
Income
188 500
188 500
188 500
188 500
Total tax
60 998
66 447
81 426
64 434
After tax
127 502
122 053
107 074
124 066
Living cost
66 859
66 859
66 859
66 859
Free-cash
60 643
55 194
40 215
57 207

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
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.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽147963
₽145139
₽137627
₽143283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 275
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
37 668
Employee
17 485
-
181 598
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
18 160
-
health
804
-
1 618
-
total
4 280
-
23 254
-
Employer
17 485
-
181 598
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
167 584
188 500
-
-
income
16 759
18 850
-
-
total
16 759
18 850
-
-
Dividends
150 825
169 650
-
-
withholding
7 541
8 482
-
-
total
7 541
8 482
-
-
Income
188 500
188 500
188 500
188 500
Total tax
32 012
27 332
30 156
37 668
After tax
156 488
161 168
158 344
150 832
Living cost
13 205
13 205
13 205
13 205
Free-cash
143 283
147 963
145 139
137 627

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
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.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37724
₽63230
₽47508
₽40256
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
61 036
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
85 222
Employee
93 245
85 887
169 809
-
pensions
11 784
11 784
11 784
-
income

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

14 058
14 058
26 623
-
health
11 633
11 213
12 402
-
total
37 475
37 055
50 809
-
Employer
93 245
85 887
169 809
-
health
6 480
5 970
7 419
-
pensions
6 489
5 978
7 430
-
unemployment
3 357
3 092
3 842
-
total
16 326
15 040
18 691
-
Corporate
78 928
87 573
-
-
income
15 786
17 515
-
-
total
15 786
17 515
-
-
Dividends
63 142
70 058
-
-
income
13 417
14 887
-
-
withholding
9 470
10 509
-
-
total
22 887
25 396
-
-
Income
188 500
188 500
188 500
188 500
Total tax
92 474
95 006
69 500
85 222
After tax
96 026
93 494
119 000
103 278
Living cost
55 770
55 770
55 770
55 770
Free-cash
40 256
37 724
63 230
47 508

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104789
₽74583
₽82758
₽95872
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 063
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
275
health
-
-
-
25 447
total
-
-
-
80 749
Employee
36 754
-
144 687
-
solidarity contribution
-
-
-
-
social contributions
2 389
-
8 006
-
income
4 411
-
17 572
-
health
4 962
-
19 533
-
total
11 762
-
45 111
-
Employer
36 754
-
144 687
-
health
3 308
-
13 022
-
social contributions
9 189
-
30 791
-
total
12 497
-
43 813
-
Corporate
139 249
188 500
-
-
income
26 457
35 815
-
-
total
26 457
35 815
-
-
Dividends
112 792
152 685
-
-
withholding
16 919
22 903
-
-
total
16 919
22 903
-
-
Income
188 500
188 500
188 500
188 500
Total tax
67 635
58 718
88 924
80 749
After tax
120 865
129 782
99 576
107 751
Living cost
24 993
24 993
24 993
24 993
Free-cash
95 872
104 789
74 583
82 758

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58134
₽38471
₽46988
₽52884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 482
regional
-
-
-
2 237
municipal
-
-
-
1 120
national
-
-
-
47 234
total
-
-
-
99 073
Employee
89 385
-
188 500
-
municipal
473
-
1 000
-
national
15 488
-
41 052
-
regional
843
-
1 976
-
social contributions
30 141
-
63 562
-
total
46 945
-
107 590
-
Employer
89 385
-
188 500
-
total
-
-
-
-
Corporate
99 115
188 500
-
-
municipal
3 865
7 352
-
-
nationa
23 787
45 239
-
-
total
27 652
52 591
-
-
Dividends
71 464
135 909
-
-
withholding
18 580
35 336
-
-
total
18 580
35 336
-
-
Income
188 500
188 500
188 500
188 500
Total tax
93 177
87 927
107 590
99 073
After tax
95 323
100 573
80 910
89 427
Living cost
42 439
42 439
42 439
42 439
Free-cash
52 884
58 134
38 471
46 988

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96372
₽60710
₽66858
₽93243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 229
other
-
-
-
-
surtax
-
-
-
8 615
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
99 449
Employee
33 259
-
160 245
-
other
-
-
-
-
unemployment
2 315
-
9 343
-
pensions
2 218
-
8 953
-
surtax
109
-
7 411
-
income
5 575
-
48 213
-
health
849
-
3 422
-
total
11 066
-
77 342
-
Employer
33 259
-
160 245
-
health
1 514
-
6 108
-
pensions
4 434
-
17 893
-
unemployment
1 054
-
4 254
-
other
-
-
-
-
total
7 002
-
28 255
-
Corporate
148 240
188 500
-
-
income
38 542
49 011
-
-
total
38 542
49 011
-
-
Dividends
109 698
139 489
-
-
withholding
16 454
20 924
-
-
total
16 454
20 924
-
-
Income
188 500
188 500
188 500
188 500
Total tax
73 064
69 935
105 597
99 449
After tax
115 436
118 565
82 903
89 051
Living cost
22 193
22 193
22 193
22 193
Free-cash
93 243
96 372
60 710
66 858

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76377
₽61398
₽78390
₽82979
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 191
pensions
-
-
-
9 243
total
-
-
-
64 434
Employee
63 395
-
164 550
-
pensions
5 381
-
11 277
-
income
11 418
-
43 861
-
health
920
-
2 339
-
total
17 719
-
57 477
-
Employer
63 395
-
164 550
-
health
1 204
-
3 126
-
pensions
6 863
-
20 823
-
total
8 067
-
23 949
-
Corporate
117 038
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.

22 237
35 814
-
-
total
22 237
35 814
-
-
Dividends
94 801
152 686
-
-
withholding
11 822
30 633
-
-
total
11 822
30 633
-
-
Income
188 500
188 500
188 500
188 500
Total tax
59 845
66 447
81 426
64 434
After tax
128 655
122 053
107 074
124 066
Living cost
45 676
45 676
45 676
45 676
Free-cash
82 979
76 377
61 398
78 390

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6452
₽63821
₽72353
₽40570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
9 489
health
-
-
-
424
city
-
-
-
1 987
national
-
-
-
3 389
pensions
-
-
-
17 342
total
-
-
-
36 402
Employee
93 322
-
168 717
-
unemployment
-
-
-
-
pensions
7 840
-
14 173
-
national
442
-
2 472
-
regional
3 056
-
8 170
-
city
1 002
-
1 813
-
health
211
-
379
-
total
12 551
-
27 007
-
Employer
93 322
-
168 717
-
health
211
-
379
-
pensions
7 840
-
14 173
-
unemployment
-
-
-
-
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.

1 866
-
3 375
-
total
9 917
-
17 927
-
Corporate
84 235
188 500
-
-
regional
17 815
39 867
-
-
national
7 160
16 023
-
-
total
24 975
55 890
-
-
Dividends
59 259
132 610
-
-
withholding
20 742
46 413
-
-
total
20 742
46 413
-
-
Income
188 500
188 500
188 500
188 500
Total tax
68 185
102 303
44 934
36 402
After tax
120 315
86 197
143 566
152 098
Living cost
79 745
79 745
79 745
79 745
Free-cash
40 570
6 452
63 821
72 353

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽47039
₽72757
₽48449
₽63349
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
59 525
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.

-
-
-
3 273
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.

-
-
-
6 871
trade
-
-
-
24 308
total
-
-
-
93 977
Employee

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

60 444
-
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.

391
-
3 273
-
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.

7 108
-
59 525
-
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.

6 871
-
6 871
-
total
14 370
-
69 669
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
128 056
188 500
-
-
income
19 208
28 276
-
-
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.

1 057
1 556
-
-
chamber of commerce
332
418
-
-
trade
21 962
32 328
-
-
total
42 559
62 578
-
-
Dividends
85 497
125 923
-
-
surtax

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

1 155
1 710
-
-
withholding
20 993
31 099
-
-
total
22 148
32 809
-
-
Income
188 500
188 500
188 500
188 500
Total tax
79 077
95 387
69 669
93 977
After tax
109 423
93 113
118 831
94 523
Living cost
46 074
46 074
46 074
46 074
Free-cash
63 349
47 039
72 757
48 449

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽60594
₽67884
₽71634
₽66533
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 388
other
-
-
-
5 844
surtax
-
-
-
-
social contributions
-
-
-
5 371
health
-
-
-
8 323
pensions
-
-
-
32 530
total
-
-
-
82 456
Employee
43 044
-
145 431
-
pensions
4 867
-
10 301
-
surtax
-
-
-
-
social contributions
1 227
-
4 144
-
income
2 540
-
28 691
-
total
8 634
-
43 136
-
Employer
43 044
-
145 431
-
health
3 014
-
13 680
-
pensions
7 071
-
17 310
-
unemployment
1 743
-
5 890
-
social contributions
130
-
437
-
other
1 485
-
5 753
-
total
13 443
-
43 070
-
Corporate
132 013
188 500
-
-
income
36 964
52 780
-
-
surtax
-
-
-
-
total
36 964
52 780
-
-
Dividends
95 050
135 720
-
-
surtax
-
-
-
-
social contributions
16 349
23 344
-
-
withholding
12 167
17 372
-
-
total
28 516
40 716
-
-
Income
188 500
188 500
188 500
188 500
Total tax
87 557
93 496
86 206
82 456
After tax
100 943
95 004
102 294
106 044
Living cost
34 410
34 410
34 410
34 410
Free-cash
66 533
60 594
67 884
71 634

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64003
₽71293
₽75043
₽69590
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 388
other
-
-
-
5 844
surtax
-
-
-
-
social contributions
-
-
-
5 371
health
-
-
-
8 323
pensions
-
-
-
32 530
total
-
-
-
82 456
Employee
38 423
-
145 431
-
pensions
4 346
-
10 301
-
surtax
-
-
-
-
social contributions
1 096
-
4 144
-
income
1 981
-
28 691
-
total
7 423
-
43 136
-
Employer
38 423
-
145 431
-
health
2 689
-
13 680
-
pensions
6 314
-
17 310
-
unemployment
1 556
-
5 890
-
social contributions
115
-
437
-
other
1 326
-
5 753
-
total
12 000
-
43 070
-
Corporate
138 077
188 500
-
-
income
38 662
52 780
-
-
surtax
-
-
-
-
total
38 662
52 780
-
-
Dividends
99 415
135 720
-
-
surtax
-
-
-
-
social contributions
17 099
23 344
-
-
withholding
12 725
17 372
-
-
total
29 824
40 716
-
-
Income
188 500
188 500
188 500
188 500
Total tax
87 909
93 496
86 206
82 456
After tax
100 591
95 004
102 294
106 044
Living cost
31 001
31 001
31 001
31 001
Free-cash
69 590
64 003
71 293
75 043

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93675
₽95507
₽99727
₽94195
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 276
social contributions
-
-
-
26 012
health
-
-
-
13 158
total
-
-
-
67 446
Employee
34 101
-
188 500
-
social contributions
4 707
-
26 012
-
income
5 688
-
32 496
-
health
2 380
-
13 158
-
total
12 775
-
71 666
-
Employer
34 101
-
188 500
-
total
-
-
-
-
Corporate
154 399
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%.

7 720
9 425
-
-
total
7 720
9 425
-
-
Dividends
146 679
179 075
-
-
social contributions
20 243
24 712
-
-
withholding
22 002
26 862
-
-
health
10 238
12 499
-
-
total
52 483
64 073
-
-
Income
188 500
188 500
188 500
188 500
Total tax
72 978
73 498
71 666
67 446
After tax
115 522
115 002
116 834
121 054
Living cost
21 327
21 327
21 327
21 327
Free-cash
94 195
93 675
95 507
99 727

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68752
₽14379
₽61339
₽67194
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 876
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
754
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
91 722
Employee
50 263
40 080
151 971
-
other
502
401
1 176
-
unemployment
1 508
1 202
3 525
-
pensions
5 147
4 103
12 032
-
income
5 722
2 956
43 837
-
health
1 945
1 552
4 546
-
total
14 824
10 214
65 116
-
Employer
50 263
40 080
151 971
-
chamber of commerce
200
160
607
-
health
1 899
1 515
4 441
-
pensions
6 308
5 031
14 746
-
accident
653
521
1 527
-
unemployment
1 508
1 202
3 525
-
surtax
198
198
198
-
payroll
1 508
1 202
4 560
-
other
2 388
1 903
6 924
-
total
14 662
11 732
36 528
-
Corporate
123 575
136 685
148 154
-
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.

30 894
34 171
37 038
-
total
30 894
34 171
37 038
-
Dividends
92 681
102 514
-
-
withholding
25 487
28 192
-
-
total
25 487
28 192
-
-
Income
188 500
188 500
188 500
188 500
Total tax
85 867
84 309
138 682
91 722
After tax
102 633
104 191
49 818
96 778
Living cost
35 439
35 439
35 439
35 439
Free-cash
67 194
68 752
14 379
61 339

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
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.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68727
₽29061
₽45124
₽53644
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
9 806
social contributions
-
-
-
25 075
national
-
-
-
71 824
total
-
-
-
106 705
Employee

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

71 942
-
145 999
-
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.

626
-
1 271
-
communal

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

3 752
-
7 615
-
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.

5 396
-
10 950
-
national
22 118
-
53 569
-
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.

3 380
-
6 863
-
total
35 272
-
80 268
-
Employer

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

71 942
-
145 999
-
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.

4 424
-
8 980
-
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.

6 375
-
12 936
-
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.

935
-
1 897
-
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.

1 050
-
2 132
-
surtax
8 157
-
16 555
-
total
20 941
-
42 500
-
Corporate
95 617
188 500
-
-
income
19 124
37 700
-
-
surtax
382
754
-
-
total
19 506
38 454
-
-
Dividends
76 111
150 046
-
-
withholding

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

22 466
44 648
-
-
total
22 466
44 648
-
-
Income
188 500
188 500
188 500
188 500
Total tax
98 185
83 102
122 768
106 705
After tax
90 315
105 398
65 732
81 795
Living cost
36 671
36 671
36 671
36 671
Free-cash
53 644
68 727
29 061
45 124

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89188
₽65117
₽69335
₽82297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
54 875
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
82 843
Employee
50 064
-
158 781
-
other
50
-
94
-
unemployment
777
-
1 445
-
pensions
2 353
-
4 382
-
income
10 563
-
51 422
-
total
13 743
-
57 343
-
Employer
50 064
-
158 781
-
pensions
11 814
-
22 000
-
accident
991
-
1 846
-
unemployment
2 754
-
5 126
-
other
399
-
746
-
total
15 958
-
29 718
-
Corporate
122 479
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.

18 372
28 276
-
-
total
18 372
28 276
-
-
Dividends
104 106
160 224
-
-
withholding
21 808
34 714
-
-
total
21 808
34 714
-
-
Income
188 500
188 500
188 500
188 500
Total tax
69 881
62 990
87 061
82 843
After tax
118 619
125 510
101 439
105 657
Living cost
36 322
36 322
36 322
36 322
Free-cash
82 297
89 188
65 117
69 335

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54808
₽44782
₽37272
₽41573
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
11 913
accident
-
-
-
1 590
income
-
-
-
32 228
surtax
-
-
-
9 344
health
-
-
-
13 244
pensions
-
-
-
28 253
total
-
-
-
96 572
Employee
76 164
-
168 378
-
pensions
6 092
-
13 471
-
surtax
4 668
-
10 320
-
income
7 357
-
37 656
-
health
3 390
-
7 493
-
total
21 507
-
68 940
-
Employer
76 164
-
168 378
-
health
2 323
-
5 136
-
pensions
6 092
-
13 471
-
accident
685
-
1 515
-
total
9 100
-
20 122
-
Corporate
103 235
188 500
-
-
communal
6 968
12 725
-
-
income
15 484
28 276
-
-
surtax
1 084
1 979
-
-
total
23 536
42 980
-
-
Dividends
79 699
145 520
-
-
income
26 173
14 227
-
-
withholding
11 955
21 829
-
-
total
38 128
36 056
-
-
Income
188 500
188 500
188 500
188 500
Total tax
92 271
79 036
89 062
96 572
After tax
96 229
109 464
99 438
91 928
Living cost
54 656
54 656
54 656
54 656
Free-cash
41 573
54 808
44 782
37 272

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95975
₽60313
₽66461
₽92778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 229
other
-
-
-
-
surtax
-
-
-
8 615
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
99 449
Employee
33 870
-
160 245
-
other
-
-
-
-
unemployment
2 357
-
9 343
-
pensions
2 260
-
8 953
-
surtax
120
-
7 411
-
income
5 678
-
48 213
-
health
865
-
3 422
-
total
11 280
-
77 342
-
Employer
33 870
-
160 245
-
health
1 540
-
6 108
-
pensions
4 516
-
17 893
-
unemployment
1 075
-
4 254
-
other
-
-
-
-
total
7 131
-
28 255
-
Corporate
147 499
188 500
-
-
income
38 349
49 011
-
-
total
38 349
49 011
-
-
Dividends
109 150
139 489
-
-
withholding
16 372
20 924
-
-
total
16 372
20 924
-
-
Income
188 500
188 500
188 500
188 500
Total tax
73 132
69 935
105 597
99 449
After tax
115 368
118 565
82 903
89 051
Living cost
22 590
22 590
22 590
22 590
Free-cash
92 778
95 975
60 313
66 461

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71988
₽53257
₽61728
₽69753
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 482
regional
-
-
-
2 843
municipal
-
-
-
1 120
national
-
-
-
47 234
total
-
-
-
99 679
Employee
55 790
-
188 500
-
municipal
296
-
1 000
-
national
8 839
-
41 052
-
regional
751
-
2 536
-
social contributions
18 813
-
63 562
-
total
28 699
-
108 150
-
Employer
55 790
-
188 500
-
total
-
-
-
-
Corporate
132 710
188 500
-
-
municipal
6 596
9 369
-
-
nationa
31 851
45 239
-
-
total
38 447
54 608
-
-
Dividends
94 263
133 891
-
-
withholding
24 508
34 811
-
-
total
24 508
34 811
-
-
Income
188 500
188 500
188 500
188 500
Total tax
91 654
89 419
108 150
99 679
After tax
96 846
99 081
80 350
88 821
Living cost
27 093
27 093
27 093
27 093
Free-cash
69 753
71 988
53 257
61 728

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98984
₽68778
₽76953
₽87997
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 063
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
275
health
-
-
-
25 447
total
-
-
-
80 749
Employee
45 291
-
144 687
-
solidarity contribution
-
-
-
-
social contributions
2 944
-
8 006
-
income
5 435
-
17 572
-
health
6 114
-
19 533
-
total
14 493
-
45 111
-
Employer
45 291
-
144 687
-
health
4 076
-
13 022
-
social contributions
11 323
-
30 791
-
total
15 399
-
43 813
-
Corporate
127 810
188 500
-
-
income
24 284
35 815
-
-
total
24 284
35 815
-
-
Dividends
103 526
152 685
-
-
withholding
15 529
22 903
-
-
total
15 529
22 903
-
-
Income
188 500
188 500
188 500
188 500
Total tax
69 705
58 718
88 924
80 749
After tax
118 795
129 782
99 576
107 751
Living cost
30 798
30 798
30 798
30 798
Free-cash
87 997
98 984
68 778
76 953

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
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.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72212
₽17781
₽64889
₽71711
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 876
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
754
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
91 524
Employee
43 964
40 080
152 155
-
other
439
401
1 176
-
unemployment
1 319
1 202
3 525
-
pensions
4 502
4 103
12 032
-
income
3 916
2 956
43 924
-
health
1 701
1 552
4 546
-
total
11 877
10 214
65 203
-
Employer
43 964
40 080
152 155
-
chamber of commerce
176
160
609
-
health
1 662
1 515
4 441
-
pensions
5 518
5 031
14 746
-
accident
571
521
1 527
-
unemployment
1 319
1 202
3 525
-
surtax
-
-
-
-
payroll
1 319
1 202
4 565
-
other
2 088
1 903
6 932
-
total
12 653
11 534
36 345
-
Corporate
131 884
136 884
148 337
-
income

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

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

32 971
34 221
37 084
-
total
32 971
34 221
37 084
-
Dividends
98 913
102 663
-
-
withholding
27 201
28 232
-
-
total
27 201
28 232
-
-
Income
188 500
188 500
188 500
188 500
Total tax
84 702
84 201
138 632
91 524
After tax
103 798
104 299
49 868
96 976
Living cost
32 087
32 087
32 087
32 087
Free-cash
71 711
72 212
17 781
64 889

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
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.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽166391
₽138116
₽173931
₽164013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 855
-
188 500
-
income
3 171
-
37 700
-
total
3 171
-
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%.

172 645
188 500
-
-
total
-
-
-
-
Dividends
172 645
188 500
-
-
withholding
8 632
9 425
-
-
total
8 632
9 425
-
-
Income
188 500
188 500
188 500
188 500
Total tax
11 803
9 425
37 700
1 885
After tax
176 697
179 075
150 800
186 615
Living cost
12 684
12 684
12 684
12 684
Free-cash
164 013
166 391
138 116
173 931

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102806
₽59522
₽64513
₽94393
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
43 756
unemployment
-
-
-
282
health
-
-
-
18 548
pensions
-
-
-
34 425
total
-
-
-
97 011
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.

44 474
-
163 106
-
unemployment
63
-
229
-
pensions
6 894
-
25 281
-
income
7 670
-
40 563
-
health
2 872
-
10 535
-
total
17 499
-
76 608
-
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.

44 474
-
163 106
-
health
2 962
-
10 862
-
pensions
3 936
-
14 435
-
unemployment
27
-
97
-
total
6 925
-
25 394
-
Corporate
137 101
188 500
-
-
income
26 049
35 815
-
-
total
26 049
35 815
-
-
Dividends
111 053
152 685
-
-
withholding
16 658
22 903
-
-
total
16 658
22 903
-
-
Income
188 500
188 500
188 500
188 500
Total tax
67 131
58 718
102 002
97 011
After tax
121 369
129 782
86 498
91 489
Living cost
26 976
26 976
26 976
26 976
Free-cash
94 393
102 806
59 522
64 513

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70680
₽131081
₽86266
₽22173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 742
social contributions
-
-
-
21 489
total
-
-
-
58 231
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
36 442
188 500
-
-
income
8 017
41 470
-
-
total
8 017
41 470
-
-
Dividends
28 425
147 030
-
-
income
6 253
32 347
-
-
total
6 253
32 347
-
-
Income
188 500
188 500
188 500
188 500
Total tax
122 324
73 817
13 416
58 231
After tax
66 176
114 683
175 084
130 269
Living cost
44 003
44 003
44 003
44 003
Free-cash
22 173
70 680
131 081
86 266

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75672
₽54384
₽68676
₽74659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
22 774
surtax
-
-
-
-
social contributions

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

-
-
-
65 503
total
-
-
-
88 277
Employee
46 257
-
152 323
-
surtax
-
-
-
-
social contributions
5 088
-
16 756
-
income
9 622
-
49 636
-
total
14 710
-
66 392
-
Employer
46 257
-
152 323
-
social contributions
10 986
-
36 177
-
total
10 986
-
36 177
-
Corporate
131 258
188 500
-
-
income
27 564
39 584
-
-
surtax
-
-
-
-
total
27 564
39 584
-
-
Dividends
103 694
148 916
-
-
withholding
29 034
41 697
-
-
total
29 034
41 697
-
-
Income
188 500
188 500
188 500
188 500
Total tax
82 294
81 281
102 569
88 277
After tax
106 206
107 219
85 931
100 223
Living cost
31 547
31 547
31 547
31 547
Free-cash
74 659
75 672
54 384
68 676

Estimated living cost  is ₽31547 per week

₽23604
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.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46428
₽53718
₽57468
₽53343
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 388
other
-
-
-
5 844
surtax
-
-
-
-
social contributions
-
-
-
5 371
health
-
-
-
8 323
pensions
-
-
-
32 530
total
-
-
-
82 456
Employee
62 992
-
145 431
-
pensions
7 125
-
10 301
-
surtax
-
-
-
-
social contributions
1 794
-
4 144
-
income
5 496
-
28 691
-
total
14 415
-
43 136
-
Employer
62 992
-
145 431
-
health
4 409
-
13 680
-
pensions
10 350
-
17 310
-
unemployment
2 552
-
5 890
-
social contributions
189
-
437
-
other
2 174
-
5 753
-
total
19 674
-
43 070
-
Corporate
105 834
188 500
-
-
income
29 633
52 780
-
-
surtax
-
-
-
-
total
29 633
52 780
-
-
Dividends
76 201
135 720
-
-
surtax
-
-
-
-
social contributions
13 106
23 344
-
-
withholding
9 753
17 372
-
-
total
22 859
40 716
-
-
Income
188 500
188 500
188 500
188 500
Total tax
86 581
93 496
86 206
82 456
After tax
101 919
95 004
102 294
106 044
Living cost
48 576
48 576
48 576
48 576
Free-cash
53 343
46 428
53 718
57 468

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139419
₽113211
₽108202
₽136039
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 596
social contributions
-
-
-
41 470
total
-
-
-
50 066
Employee
32 334
-
163 203
-
income
-
-
9 152
-
social contributions
2 101
-
10 608
-
total
2 101
-
19 760
-
Employer
32 334
-
163 203
-
social contributions
5 012
-
25 297
-
total
5 012
-
25 297
-
Corporate
151 154
188 500
-
-
income
15 116
18 849
-
-
total
15 116
18 849
-
-
Dividends
136 038
169 651
-
-
total
-
-
-
-
Income
188 500
188 500
188 500
188 500
Total tax
22 229
18 849
45 057
50 066
After tax
166 271
169 651
143 443
138 434
Living cost
30 232
30 232
30 232
30 232
Free-cash
136 039
139 419
113 211
108 202

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30526
-₽30526
₽62100
-₽30526
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 010
municipal
-
-
-
39 605
national
-
-
-
22 500
pensions
-
-
-
871
total
-
-
-
77 986
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
188 500
188 500
188 500
188 500
Total tax
170 612
170 612
170 612
77 986
After tax
17 888
17 888
17 888
110 514
Living cost
48 414
48 414
48 414
48 414
Free-cash
-30 526
-30 526
-30 526
62 100

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6801
₽80642
₽106757
₽11882
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
52 582
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
59 673
Employee
34 717
-
170 268
-
pensions
3 909
-
7 768
-
income
4 763
-
40 293
-
health
3 975
-
19 495
-
total
12 647
-
67 556
-
Employer
34 717
-
170 268
-
pensions
5 645
-
11 218
-
accident
580
-
2 843
-
unemployment
851
-
4 171
-
total
7 076
-
18 232
-
Corporate
146 707
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.

132 037
169 650
-
-
total
132 037
169 650
-
-
Dividends
14 671
18 850
-
-
withholding
2 788
3 581
-
-
total
2 788
3 581
-
-
Income
188 500
188 500
188 500
188 500
Total tax
154 548
173 231
85 788
59 673
After tax
33 952
15 269
102 712
128 827
Living cost
22 070
22 070
22 070
22 070
Free-cash
11 882
-6 801
80 642
106 757

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78800
₽59553
₽81321
₽81602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 483
municipal
-
-
-
33 482
national
-
-
-
32 601
total
-
-
-
68 566
Employee
52 914
-
158 577
-
municipal
8 667
-
25 825
-
unemployment
794
-
2 378
-
pensions
3 571
-
10 703
-
national
874
-
19 482
-
health
395
-
2 023
-
total
14 301
-
60 411
-
Employer
52 914
-
158 577
-
health
407
-
1 222
-
pensions
9 180
-
27 512
-
accident
53
-
158
-
unemployment
344
-
1 031
-
total
9 984
-
29 923
-
Corporate
125 602
188 500
-
-
income
25 121
37 700
-
-
total
25 121
37 700
-
-
Dividends

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

75 361
113 100
-
-
municipal
13 564
20 357
-
-
national
5 315
13 030
-
-
total
18 879
33 387
-
-
Income
188 500
188 500
188 500
188 500
Total tax
68 285
71 087
90 334
68 566
After tax
120 215
117 413
98 166
119 934
Living cost
38 613
38 613
38 613
38 613
Free-cash
81 602
78 800
59 553
81 321

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114189
₽103359
₽104986
₽108715
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 149
social contributions
-
-
-
16 273
health
-
-
-
4 806
total
-
-
-
60 228
Employee
77 337
77 337
176 575
-
social contributions
2 924
6 419
8 657
-
income
8 421
7 159
38 271
-
health
599
1 315
3 002
-
total
11 944
14 893
49 930
-
Employer
77 337
77 337
176 575
-
health
651
1 431
3 268
-
social contributions
2 924
6 419
8 657
-
total
3 575
7 850
11 925
-
Corporate
149 695
103 313
-
-
income
18 712
12 914
-
-
total
18 712
12 914
-
-
Dividends
130 984
90 399
-
-
withholding
22 268
15 368
-
-
total
22 268
15 368
-
-
Income
188 500
188 500
188 500
188 500
Total tax
56 499
51 025
61 855
60 228
After tax
132 001
137 475
126 645
128 272
Living cost
23 286
23 286
23 286
23 286
Free-cash
108 715
114 189
103 359
104 986

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140127
₽123021
₽143192
₽135013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
19 273
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
29 340
Employee

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

23 085
-
178 671
-
unemployment
115
-
477
-
pensions
3 462
-
14 314
-
income
1 578
-
16 779
-
health
1 962
-
8 112
-
total
7 117
-
39 682
-
Employer

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

23 085
-
178 671
-
health
992
-
4 103
-
pensions
1 269
-
5 249
-
unemployment
115
-
477
-
total
2 376
-
9 829
-
Corporate
163 038
188 500
-
-
income
14 673
16 966
-
-
total
14 673
16 966
-
-
Dividends
148 365
171 534
-
-
withholding
13 353
15 439
-
-
total
13 353
15 439
-
-
Income
188 500
188 500
188 500
188 500
Total tax
37 519
32 405
49 511
29 340
After tax
150 981
156 095
138 989
159 160
Living cost
15 968
15 968
15 968
15 968
Free-cash
135 013
140 127
123 021
143 192

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97853
₽73782
₽78000
₽93411
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
54 875
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
82 843
Employee
37 188
-
158 781
-
other
36
-
94
-
unemployment
576
-
1 445
-
pensions
1 748
-
4 382
-
income
7 170
-
51 422
-
total
9 530
-
57 343
-
Employer
37 188
-
158 781
-
pensions
8 776
-
22 000
-
accident
737
-
1 846
-
unemployment
2 046
-
5 126
-
other
298
-
746
-
total
11 857
-
29 718
-
Corporate
139 455
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.

20 918
28 276
-
-
total
20 918
28 276
-
-
Dividends
118 537
160 224
-
-
withholding
25 127
34 714
-
-
total
25 127
34 714
-
-
Income
188 500
188 500
188 500
188 500
Total tax
67 432
62 990
87 061
82 843
After tax
121 068
125 510
101 439
105 657
Living cost
27 657
27 657
27 657
27 657
Free-cash
93 411
97 853
73 782
78 000

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
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.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115665
₽119276
₽119415
₽115344
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
64 661
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
67 126
Employee
2 983
-
186 893
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
64 586
-
health
149
-
357
-
total
1 024
-
65 657
-
Employer
2 983
-
186 893
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
184 846
188 500
-
-
income
40 666
41 470
-
-
total
40 666
41 470
-
-
Dividends
144 180
147 030
-
-
withholding
28 836
29 406
-
-
total
28 836
29 406
-
-
Income
188 500
188 500
188 500
188 500
Total tax
71 197
70 876
67 265
67 126
After tax
117 303
117 624
121 235
121 374
Living cost
1 959
1 959
1 959
1 959
Free-cash
115 344
115 665
119 276
119 415

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118798
₽100088
₽100087
₽113849
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
42 924
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
71 020
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.

26 227
-
175 196
-
unemployment
197
-
557
-
pensions
3 672
-
10 406
-
income
3 615
-
42 924
-
health
1 351
-
3 828
-
total
8 835
-
57 715
-
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.

26 227
-
175 196
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
unemployment
197
-
557
-
total
4 695
-
13 304
-
Corporate
157 578
188 500
-
-
income
23 637
28 275
-
-
total
23 637
28 275
-
-
Dividends
133 941
160 225
-
-
withholding
20 091
24 034
-
-
total
20 091
24 034
-
-
Income
188 500
188 500
188 500
188 500
Total tax
57 258
52 309
71 019
71 020
After tax
131 242
136 191
117 481
117 480
Living cost
17 393
17 393
17 393
17 393
Free-cash
113 849
118 798
100 088
100 087

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80105
₽58817
₽73109
₽79744
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
22 774
surtax
-
-
-
-
social contributions

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

-
-
-
65 503
total
-
-
-
88 277
Employee
39 035
-
152 323
-
surtax
-
-
-
-
social contributions
4 294
-
16 756
-
income
7 627
-
49 636
-
total
11 921
-
66 392
-
Employer
39 035
-
152 323
-
social contributions
9 270
-
36 177
-
total
9 270
-
36 177
-
Corporate
140 195
188 500
-
-
income
29 440
39 584
-
-
surtax
-
-
-
-
total
29 440
39 584
-
-
Dividends
110 755
148 916
-
-
withholding
31 011
41 697
-
-
total
31 011
41 697
-
-
Income
188 500
188 500
188 500
188 500
Total tax
81 642
81 281
102 569
88 277
After tax
106 858
107 219
85 931
100 223
Living cost
27 114
27 114
27 114
27 114
Free-cash
79 744
80 105
58 817
73 109

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90164
₽66093
₽70311
₽83583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
54 875
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
82 843
Employee
48 573
-
158 781
-
other
48
-
94
-
unemployment
752
-
1 445
-
pensions
2 283
-
4 382
-
income
10 145
-
51 422
-
total
13 228
-
57 343
-
Employer
48 573
-
158 781
-
pensions
11 463
-
22 000
-
accident
962
-
1 846
-
unemployment
2 672
-
5 126
-
other
389
-
746
-
total
15 486
-
29 718
-
Corporate
124 441
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.

18 666
28 276
-
-
total
18 666
28 276
-
-
Dividends
105 775
160 224
-
-
withholding
22 191
34 714
-
-
total
22 191
34 714
-
-
Income
188 500
188 500
188 500
188 500
Total tax
69 571
62 990
87 061
82 843
After tax
118 929
125 510
101 439
105 657
Living cost
35 346
35 346
35 346
35 346
Free-cash
83 583
90 164
66 093
70 311

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽143843
₽141019
₽133507
₽137705
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 275
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
37 668
Employee
22 941
-
181 598
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
18 160
-
health
1 055
-
1 618
-
total
5 615
-
23 254
-
Employer
22 941
-
181 598
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
161 058
188 500
-
-
income
16 106
18 850
-
-
total
16 106
18 850
-
-
Dividends
144 952
169 650
-
-
withholding
7 248
8 482
-
-
total
7 248
8 482
-
-
Income
188 500
188 500
188 500
188 500
Total tax
33 470
27 332
30 156
37 668
After tax
155 030
161 168
158 344
150 832
Living cost
17 325
17 325
17 325
17 325
Free-cash
137 705
143 843
141 019
133 507

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58160
₽80002
₽59662
₽71320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
59 525
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.

-
-
-
3 273
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.

-
-
-
6 871
trade
-
-
-
20 340
total
-
-
-
90 009
Employee

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

50 042
-
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.

227
-
3 273
-
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.

4 115
-
59 525
-
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.

6 871
-
6 871
-
total
11 213
-
69 669
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
138 458
188 500
-
-
income
20 769
28 276
-
-
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.

1 143
1 556
-
-
chamber of commerce
355
429
-
-
trade
19 868
27 051
-
-
total
42 135
57 312
-
-
Dividends
96 322
131 189
-
-
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.

1 304
1 783
-
-
withholding
23 699
32 416
-
-
total
25 003
34 199
-
-
Income
188 500
188 500
188 500
188 500
Total tax
78 351
91 511
69 669
90 009
After tax
110 149
96 989
118 831
98 491
Living cost
38 829
38 829
38 829
38 829
Free-cash
71 320
58 160
80 002
59 662

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74658
₽40721
₽40721
₽76878
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 775
social contributions
-
-
-
31 712
total
-
-
-
90 487
Employee
78 672
-
188 500
-
income
14 845
-
58 775
-
social contributions
6 536
-
31 712
-
total
21 381
-
90 487
-
Employer
78 672
-
188 500
-
total
-
-
-
-
Corporate
109 828
188 500
-
-
income
13 729
23 562
-
-
total
13 729
23 562
-
-
Dividends
96 100
164 938
-
-
withholding
19 220
32 988
-
-
total
19 220
32 988
-
-
Income
188 500
188 500
188 500
188 500
Total tax
54 330
56 550
90 487
90 487
After tax
134 170
131 950
98 013
98 013
Living cost
57 292
57 292
57 292
57 292
Free-cash
76 878
74 658
40 721
40 721

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
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.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80703
₽96826
₽117285
₽84216
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 629
health

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

-
-
-
6 077
total
-
-
-
34 706
Employee
46 138
-
183 874
-
income
5 006
-
45 913
-
social contributions
4 623
-
4 626
-
total
9 629
-
50 539
-
Employer
46 138
-
183 874
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
137 740
188 500
-
-
income
48 209
65 974
-
-
total
48 209
65 974
-
-
Dividends
89 530
122 526
-
-
social contributions
5 314
5 314
-
-
total
5 314
5 314
-
-
Income
188 500
188 500
188 500
188 500
Total tax
67 775
71 288
55 165
34 706
After tax
120 725
117 212
133 335
153 794
Living cost
36 509
36 509
36 509
36 509
Free-cash
84 216
80 703
96 826
117 285

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
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.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84920
₽69941
₽86933
₽90838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 191
pensions
-
-
-
9 243
total
-
-
-
64 434
Employee
50 971
-
164 550
-
pensions
3 890
-
11 277
-
income
9 282
-
43 861
-
health
665
-
2 339
-
total
13 837
-
57 477
-
Employer
50 971
-
164 550
-
health
969
-
3 126
-
pensions
5 150
-
20 823
-
total
6 119
-
23 949
-
Corporate
131 411
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.

24 969
35 814
-
-
total
24 969
35 814
-
-
Dividends
106 442
152 686
-
-
withholding
15 604
30 633
-
-
total
15 604
30 633
-
-
Income
188 500
188 500
188 500
188 500
Total tax
60 529
66 447
81 426
64 434
After tax
127 971
122 053
107 074
124 066
Living cost
37 133
37 133
37 133
37 133
Free-cash
90 838
84 920
69 941
86 933

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
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.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8986
₽78457
₽104572
₽11548
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
52 582
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
59 673
Employee
38 154
-
170 268
-
pensions
4 296
-
7 768
-
income
5 234
-
40 293
-
health
4 368
-
19 495
-
total
13 898
-
67 556
-
Employer
38 154
-
170 268
-
pensions
6 204
-
11 218
-
accident
637
-
2 843
-
unemployment
935
-
4 171
-
total
7 776
-
18 232
-
Corporate
142 571
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.

128 314
169 650
-
-
total
128 314
169 650
-
-
Dividends
14 257
18 850
-
-
withholding
2 709
3 581
-
-
total
2 709
3 581
-
-
Income
188 500
188 500
188 500
188 500
Total tax
152 697
173 231
85 788
59 673
After tax
35 803
15 269
102 712
128 827
Living cost
24 255
24 255
24 255
24 255
Free-cash
11 548
-8 986
78 457
104 572

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130613
₽121540
₽99419
₽140326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 250
unemployment
-
-
-
1 931
work injury
-
-
-
804
health insurance
-
-
-
11 905
pensions
-
-
-
29 602
total
-
-
-
75 492
Employee

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

21 742
-
188 500
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
31 250
-
total
8 153
-
53 371
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
166 758
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%.

1 668
18 850
-
-
total
1 668
18 850
-
-
Dividends
165 091
169 650
-
-
withholding
24 764
25 448
-
-
total
24 764
25 448
-
-
Income
188 500
188 500
188 500
188 500
Total tax
34 585
44 298
53 371
75 492
After tax
153 915
144 202
135 129
113 008
Living cost
13 589
13 589
13 589
13 589
Free-cash
140 326
130 613
121 540
99 419

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽59224
₽38852
₽47127
₽54647
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 482
regional
-
-
-
4 330
municipal
-
-
-
1 260
national
-
-
-
47 234
total
-
-
-
101 306
Employee
84 751
-
188 500
-
municipal
506
-
1 124
-
national
14 322
-
41 052
-
regional
1 280
-
3 843
-
social contributions
28 577
-
63 562
-
total
44 685
-
109 581
-
Employer
84 751
-
188 500
-
total
-
-
-
-
Corporate
103 749
188 500
-
-
municipal
5 001
9 085
-
-
nationa
24 900
45 239
-
-
total
29 901
54 324
-
-
Dividends
73 849
134 176
-
-
withholding
19 200
34 885
-
-
total
19 200
34 885
-
-
Income
188 500
188 500
188 500
188 500
Total tax
93 786
89 209
109 581
101 306
After tax
94 714
99 291
78 919
87 194
Living cost
40 067
40 067
40 067
40 067
Free-cash
54 647
59 224
38 852
47 127

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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