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
₽66498
₽89417
₽66628
₽76918
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
60 767
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.

-
-
-
3 342
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.

-
-
-
6 437
trade
-
-
-
22 789
total
-
-
-
93 335
Employee

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

36 036
-
188 500
-
surtax

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

55
-
3 342
-
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.

1 007
-
60 767
-
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.

6 437
-
6 437
-
total
7 499
-
70 546
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
152 464
188 500
-
-
income
22 869
28 274
-
-
surtax

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

1 259
1 556
-
-
chamber of commerce
363
413
-
-
trade
24 014
29 689
-
-
total
48 505
59 932
-
-
Dividends
103 959
128 568
-
-
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.

1 409
1 749
-
-
withholding
25 632
31 784
-
-
total
27 041
33 533
-
-
Income
188 500
188 500
188 500
188 500
Total tax
83 045
93 465
70 546
93 335
After tax
105 455
95 035
117 954
95 165
Living cost
28 537
28 537
28 537
28 537
Free-cash
76 918
66 498
89 417
66 628

Estimated living cost  is ₽28537 per week

₽17951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3327
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.
₽6726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67454
₽60696
₽59686
₽66619
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 750
national
-
-
-
33 247
pensions
-
-
-
22 620
total
-
-
-
78 643
Employee
77 774
-
162 957
-
municipal
9 606
-
21 480
-
pensions
3 111
-
6 518
-
national
14 886
-
34 846
-
total
27 603
-
62 844
-
Employer
77 774
-
162 957
-
pensions
6 222
-
13 037
-
social contributions
836
-
1 752
-
total
7 058
-
14 789
-
Corporate
98 535
188 500
-
-
income

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

19 707
37 700
-
-
total
19 707
37 700
-
-
Dividends
78 828
150 800
-
-
withholding
17 342
33 176
-
-
total
17 342
33 176
-
-
Income
188 500
188 500
188 500
188 500
Total tax
71 710
70 876
77 633
78 643
After tax
116 790
117 624
110 867
109 857
Living cost
50 170
50 170
50 170
50 170
Free-cash
66 619
67 454
60 696
59 686

Estimated living cost  is ₽50170 per week

₽34100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽751
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131199
₽61119
₽47384
₽123471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 350
surtax
-
-
-
48 067
social contributions

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

-
-
-
36 098
microenterprise
-
-
-
-
total
-
-
-
121 515
Employee
27 531
-
145 450
-
surtax
-
-
21 090
-
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.

3 029
-
12 351
-
income
4 901
-
31 289
-
total
7 930
-
64 730
-
Employer
27 531
-
145 450
-
social contributions

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

6 631
-
27 050
-
surtax
-
-
16 000
-
total
6 631
-
43 050
-
Corporate
154 338
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%.

30 867
37 700
-
-
total
30 867
37 700
-
-
Dividends

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

123 471
150 800
-
-
total
-
-
-
-
Income
188 500
188 500
188 500
188 500
Total tax
45 428
37 700
107 780
121 515
After tax
143 072
150 800
80 720
66 985
Living cost
19 601
19 601
19 601
19 601
Free-cash
123 471
131 199
61 119
47 384

Estimated living cost  is ₽19601 per week

₽12505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54191
₽80747
₽63030
₽48420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63 344
health
-
-
-
11 618
pensions
-
-
-
11 039
total
-
-
-
86 001
Employee
80 457
80 457
170 991
-
pensions
14 482
11 039
11 039
-
income

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

13 170
13 170
28 118
-
health
12 349
10 504
11 618
-
total
40 001
34 713
50 775
-
Employer
80 457
80 457
170 991
-
health
5 593
5 593
6 950
-
pensions
5 600
5 600
6 960
-
unemployment
2 896
2 896
3 599
-
total
14 089
14 089
17 509
-
Corporate
94 941
93 954
-
-
income
18 988
18 791
-
-
total
18 988
18 791
-
-
Dividends
75 953
75 163
-
-
income
16 140
15 972
-
-
withholding
11 393
11 275
-
-
total
27 533
27 247
-
-
Income
188 500
188 500
188 500
188 500
Total tax
100 611
94 840
68 284
86 001
After tax
87 889
93 660
120 216
102 499
Living cost
39 469
39 469
39 469
39 469
Free-cash
48 420
54 191
80 747
63 030

Estimated living cost  is ₽39469 per week

₽27970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65301
₽56876
₽57790
₽64456
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
165
other
-
-
-
9 581
unemployment
-
-
-
82
health
-
-
-
5 145
municipal
-
-
-
49 088
national
-
-
-
20 116
pensions
-
-
-
8 913
total
-
-
-
93 090
Employee
53 604
-
162 595
-
municipal
15 985
-
48 486
-
national
-
-
19 611
-
total
15 985
-
68 097
-
Employer
53 604
-
162 595
-
health
3 297
-
5 071
-
pensions
5 795
-
8 913
-
accident
107
-
165
-
unemployment
1 415
-
2 177
-
other
6 229
-
9 581
-
total
16 843
-
25 907
-
Corporate
118 053
188 500
-
-
income
25 972
41 470
-
-
total
25 972
41 470
-
-
Dividends
92 081
147 030
-
-
withholding
27 624
44 109
-
-
total
27 624
44 109
-
-
Income
188 500
188 500
188 500
188 500
Total tax
86 424
85 579
94 004
93 090
After tax
102 076
102 921
94 496
95 410
Living cost
37 620
37 620
37 620
37 620
Free-cash
64 456
65 301
56 876
57 790

Estimated living cost  is ₽37620 per week

₽24933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽57053
₽80942
₽57139
₽70293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
60 767
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.

-
-
-
3 342
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.

-
-
-
6 437
trade
-
-
-
23 803
total
-
-
-
94 349
Employee

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

47 779
-
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.

225
-
3 342
-
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.

4 105
-
60 767
-
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.

6 437
-
6 437
-
total
10 767
-
70 546
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
140 721
188 500
-
-
income
21 108
28 274
-
-
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.

1 160
1 556
-
-
chamber of commerce
343
411
-
-
trade
23 148
31 008
-
-
total
45 759
61 249
-
-
Dividends
94 961
127 251
-
-
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.

1 286
1 731
-
-
withholding
23 383
31 455
-
-
total
24 669
33 186
-
-
Income
188 500
188 500
188 500
188 500
Total tax
81 195
94 435
70 546
94 349
After tax
107 305
94 065
117 954
94 151
Living cost
37 012
37 012
37 012
37 012
Free-cash
70 293
57 053
80 942
57 139

Estimated living cost  is ₽37012 per week

₽24754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106880
₽95555
₽97153
₽102973
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 738
social contributions
-
-
-
15 244
health
-
-
-
4 806
total
-
-
-
60 788
Employee
72 448
72 448
177 113
-
social contributions
3 520
6 013
8 110
-
income
7 608
6 707
39 878
-
health
721
1 232
3 011
-
total
11 849
13 952
50 999
-
Employer
72 448
72 448
177 113
-
health
785
1 341
3 277
-
social contributions
3 520
6 013
8 110
-
total
4 305
7 354
11 387
-
Corporate
141 787
108 698
-
-
income
17 724
13 587
-
-
total
17 724
13 587
-
-
Dividends
124 063
95 112
-
-
withholding
21 090
16 168
-
-
total
21 090
16 168
-
-
Income
188 500
188 500
188 500
188 500
Total tax
54 968
51 061
62 386
60 788
After tax
133 532
137 439
126 114
127 712
Living cost
30 559
30 559
30 559
30 559
Free-cash
102 973
106 880
95 555
97 153

Estimated living cost  is ₽30559 per week

₽20890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88929
₽92366
₽113674
₽89281
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

24 409
9 714
157 741
-
unemployment
366
146
2 366
-
pensions
2 441
971
15 774
-
income
2 984
1 188
19 284
-
health
1 709
680
11 042
-
total
7 500
2 985
48 466
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 409
9 714
157 741
-
pensions
4 760
1 894
30 759
-
total
4 760
1 894
30 759
-
Corporate
159 331
176 891
-
-
income
14 340
15 920
-
-
total
14 340
15 920
-
-
Dividends
144 991
160 971
-
-
social contributions
28 162
31 278
-
-
withholding
27 548
30 585
-
-
total
55 710
61 863
-
-
Income
188 500
188 500
188 500
188 500
Total tax
82 310
82 662
79 225
57 917
After tax
106 190
105 838
109 275
130 583
Living cost
16 909
16 909
16 909
16 909
Free-cash
89 281
88 929
92 366
113 674

Estimated living cost  is ₽16909 per week

₽11539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1384
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128043
₽85892
₽78280
₽122190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 505
pensions
-
-
-
37 700
total
-
-
-
87 463
Employee
26 728
-
140 880
-
unemployment
427
-
2 255
-
pensions
535
-
2 818
-
income
3 009
-
27 162
-
total
3 971
-
32 235
-
Employer
26 728
-
140 880
-
health
3 474
-
18 314
-
pensions
5 346
-
28 176
-
unemployment
215
-
1 126
-
total
9 035
-
47 616
-
Corporate
152 738
188 500
-
-
income
30 547
37 700
-
-
total
30 547
37 700
-
-
Dividends
122 191
150 800
-
-
total
-
-
-
-
Income
188 500
188 500
188 500
188 500
Total tax
43 553
37 700
79 851
87 463
After tax
144 947
150 800
108 649
101 037
Living cost
22 757
22 757
22 757
22 757
Free-cash
122 190
128 043
85 892
78 280

Estimated living cost  is ₽22757 per week

₽15609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5776
₽82049
₽107743
₽12041
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
53 051
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
59 713
Employee
33 103
-
170 920
-
pensions
3 728
-
7 298
-
income
4 541
-
40 959
-
health
3 790
-
19 570
-
total
12 059
-
67 827
-
Employer
33 103
-
170 920
-
pensions
5 383
-
10 538
-
accident
553
-
2 855
-
unemployment
811
-
4 187
-
total
6 747
-
17 580
-
Corporate
148 650
188 500
-
-
income

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

133 785
169 650
-
-
total
133 785
169 650
-
-
Dividends
14 865
18 850
-
-
withholding
2 824
3 582
-
-
total
2 824
3 582
-
-
Income
188 500
188 500
188 500
188 500
Total tax
155 415
173 232
85 407
59 713
After tax
33 085
15 268
103 093
128 787
Living cost
21 044
21 044
21 044
21 044
Free-cash
12 041
-5 776
82 049
107 743

Estimated living cost  is ₽21044 per week

₽15423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
₽171468
₽143193
₽179008
₽170042
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
188 500
microenterprise

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

-
-
-
1 885
total
-
-
-
1 885
Employee
9 509
-
188 500
-
income
1 902
-
37 700
-
total
1 902
-
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%.

178 991
188 500
-
-
total
-
-
-
-
Dividends
178 991
188 500
-
-
withholding
8 949
9 425
-
-
total
8 949
9 425
-
-
Income
188 500
188 500
188 500
188 500
Total tax
10 851
9 425
37 700
1 885
After tax
177 649
179 075
150 800
186 615
Living cost
7 607
7 607
7 607
7 607
Free-cash
170 042
171 468
143 193
179 008

Estimated living cost  is ₽7607 per week

₽4714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113386
₽83024
₽84636
₽107025
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 264
other
-
-
-
6 805
health
-
-
-
6 304
pensions

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

-
-
-
34 386
total
-
-
-
78 759
Employee
34 209
-
152 323
-
unemployment
341
-
1 432
-
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.

2 394
-
10 029
-
income
5 889
-
30 728
-
health
479
-
2 006
-
total
9 103
-
44 195
-
Employer
34 209
-
152 323
-
health
479
-
2 006
-
pensions

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

5 816
-
24 357
-
accident
274
-
1 219
-
unemployment
341
-
1 432
-
other
1 711
-
7 162
-
total
8 621
-
36 176
-
Corporate
145 670
188 500
-
-
income
30 590
39 585
-
-
total
30 590
39 585
-
-
Dividends
115 080
148 915
-
-
withholding
8 056
10 424
-
-
total
8 056
10 424
-
-
Income
188 500
188 500
188 500
188 500
Total tax
56 370
50 009
80 371
78 759
After tax
132 130
138 491
108 129
109 741
Living cost
25 105
25 105
25 105
25 105
Free-cash
107 025
113 386
83 024
84 636

Estimated living cost  is ₽25105 per week

₽17738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57923
₽43328
₽60268
₽65239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
income
-
-
-
56 256
pensions
-
-
-
8 930
total
-
-
-
65 186
Employee
89 201
-
164 459
-
pensions
8 605
-
10 821
-
income
16 079
-
44 966
-
health
1 470
-
2 297
-
total
26 154
-
58 084
-
Employer
89 201
-
164 459
-
health
1 694
-
3 125
-
pensions
10 532
-
20 917
-
total
12 226
-
24 042
-
Corporate
87 073
188 500
-
-
income

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

16 545
35 815
-
-
total
16 545
35 815
-
-
Dividends
70 528
152 685
-
-
withholding
5 290
31 716
-
-
total
5 290
31 716
-
-
Income
188 500
188 500
188 500
188 500
Total tax
60 215
67 531
82 126
65 186
After tax
128 285
120 969
106 374
123 314
Living cost
63 046
63 046
63 046
63 046
Free-cash
65 239
57 923
43 328
60 268

Estimated living cost  is ₽63046 per week

₽47242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7408
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽148819
₽146730
₽139093
₽144443
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
132
health
-
-
-
3 783
pensions

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

-
-
-
4 869
total
-
-
-
37 059
Employee
16 350
-
182 046
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 436
-
2 888
-
income
1 635
-
18 205
-
health
752
-
1 513
-
total
4 003
-
22 968
-
Employer
16 350
-
182 046
-
health
1 129
-
2 270
-
pensions

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

1 802
-
3 625
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
unemployment
98
-
197
-
total
3 209
-
6 454
-
Corporate
168 941
188 500
-
-
income
16 894
18 850
-
-
total
16 894
18 850
-
-
Dividends
152 047
169 650
-
-
withholding
7 603
8 483
-
-
total
7 603
8 483
-
-
Income
188 500
188 500
188 500
188 500
Total tax
31 709
27 333
29 422
37 059
After tax
156 791
161 167
159 078
151 441
Living cost
12 348
12 348
12 348
12 348
Free-cash
144 443
148 819
146 730
139 093

Estimated living cost  is ₽12348 per week

₽7209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41416
₽67972
₽50255
₽43788
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63 344
health
-
-
-
11 618
pensions
-
-
-
11 039
total
-
-
-
86 001
Employee
87 351
80 457
170 991
-
pensions
11 039
11 039
11 039
-
income

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

13 170
13 170
28 118
-
health
10 897
10 504
11 618
-
total
35 106
34 713
50 775
-
Employer
87 351
80 457
170 991
-
health
6 070
5 593
6 950
-
pensions
6 079
5 600
6 960
-
unemployment
3 145
2 896
3 599
-
total
15 294
14 089
17 509
-
Corporate
85 855
93 954
-
-
income
17 171
18 791
-
-
total
17 171
18 791
-
-
Dividends
68 684
75 163
-
-
income
14 595
15 972
-
-
withholding
10 302
11 275
-
-
total
24 897
27 247
-
-
Income
188 500
188 500
188 500
188 500
Total tax
92 468
94 840
68 284
86 001
After tax
96 032
93 660
120 216
102 499
Living cost
52 244
52 244
52 244
52 244
Free-cash
43 788
41 416
67 972
50 255

Estimated living cost  is ₽52244 per week

₽38539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4667
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.
₽8441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106665
₽78132
₽86090
₽98415
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 468
social contributions
-
-
-
33 265
solidarity contribution
-
-
-
1 111
health
-
-
-
25 448
total
-
-
-
79 292
Employee
33 996
-
146 807
-
solidarity contribution
-
-
396
-
social contributions
2 210
-
7 405
-
income
4 080
-
17 937
-
health
4 590
-
19 819
-
total
10 880
-
45 557
-
Employer
33 996
-
146 807
-
health
3 060
-
13 213
-
social contributions
8 499
-
28 481
-
total
11 559
-
41 694
-
Corporate
142 945
188 500
-
-
income
27 160
35 815
-
-
total
27 160
35 815
-
-
Dividends
115 785
152 685
-
-
withholding
17 368
22 903
-
-
total
17 368
22 903
-
-
Income
188 500
188 500
188 500
188 500
Total tax
66 967
58 718
87 251
79 292
After tax
121 533
129 782
101 249
109 208
Living cost
23 118
23 118
23 118
23 118
Free-cash
98 415
106 665
78 132
86 090

Estimated living cost  is ₽23118 per week

₽16058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60815
₽41484
₽49619
₽55898
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
social contributions
-
-
-
47 155
regional
-
-
-
2 273
municipal
-
-
-
1 130
national
-
-
-
48 567
total
-
-
-
99 125
Employee
83 734
-
188 500
-
municipal
443
-
1 014
-
national
14 509
-
42 408
-
regional
790
-
2 017
-
social contributions
28 235
-
61 821
-
total
43 977
-
107 260
-
Employer
83 734
-
188 500
-
total
-
-
-
-
Corporate
104 766
188 500
-
-
municipal
4 085
7 352
-
-
nationa
25 144
45 240
-
-
total
29 229
52 592
-
-
Dividends
75 537
135 908
-
-
withholding
19 640
35 337
-
-
total
19 640
35 337
-
-
Income
188 500
188 500
188 500
188 500
Total tax
92 846
87 929
107 260
99 125
After tax
95 654
100 571
81 240
89 375
Living cost
39 756
39 756
39 756
39 756
Free-cash
55 898
60 815
41 484
49 619

Estimated living cost  is ₽39756 per week

₽27713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97775
₽62353
₽68114
₽94843
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
income
-
-
-
56 163
other
-
-
-
-
surtax
-
-
-
9 142
unemployment
-
-
-
215
health
-
-
-
8 927
pensions
-
-
-
25 149
total
-
-
-
99 596
Employee
31 157
-
162 031
-
other
-
-
-
-
unemployment
2 169
-
8 752
-
pensions
2 078
-
8 387
-
surtax
102
-
8 015
-
income
5 223
-
50 529
-
health
796
-
3 206
-
total
10 368
-
78 889
-
Employer
31 157
-
162 031
-
health
1 418
-
5 721
-
pensions
4 153
-
16 762
-
unemployment
987
-
3 985
-
other
-
-
-
-
total
6 558
-
26 468
-
Corporate
150 785
188 500
-
-
income
39 204
49 011
-
-
total
39 204
49 011
-
-
Dividends
111 581
139 489
-
-
withholding
16 737
20 924
-
-
total
16 737
20 924
-
-
Income
188 500
188 500
188 500
188 500
Total tax
72 867
69 935
105 357
99 596
After tax
115 633
118 565
83 143
88 904
Living cost
20 790
20 790
20 790
20 790
Free-cash
94 843
97 775
62 353
68 114

Estimated living cost  is ₽20790 per week

₽12712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77897
₽63302
₽80242
₽84123
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
income
-
-
-
56 256
pensions
-
-
-
8 930
total
-
-
-
65 186
Employee
59 780
-
164 459
-
pensions
5 074
-
10 821
-
income
10 767
-
44 966
-
health
868
-
2 297
-
total
16 709
-
58 084
-
Employer
59 780
-
164 459
-
health
1 136
-
3 125
-
pensions
6 471
-
20 917
-
total
7 607
-
24 042
-
Corporate
121 113
188 500
-
-
income

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

23 012
35 815
-
-
total
23 012
35 815
-
-
Dividends
98 101
152 685
-
-
withholding
13 977
31 716
-
-
total
13 977
31 716
-
-
Income
188 500
188 500
188 500
188 500
Total tax
61 305
67 531
82 126
65 186
After tax
127 195
120 969
106 374
123 314
Living cost
43 072
43 072
43 072
43 072
Free-cash
84 123
77 897
63 302
80 242

Estimated living cost  is ₽43072 per week

₽32269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽11748
₽68679
₽76777
₽43601
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 857
health
-
-
-
424
city
-
-
-
1 987
national
-
-
-
3 894
pensions
-
-
-
17 341
total
-
-
-
37 274
Employee
87 124
-
168 943
-
unemployment
-
-
-
-
pensions
7 320
-
13 939
-
national
412
-
2 957
-
regional
2 853
-
8 578
-
city
935
-
1 818
-
health
197
-
381
-
total
11 717
-
27 673
-
Employer
87 124
-
168 943
-
health
197
-
381
-
pensions
7 320
-
13 939
-
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.

1 742
-
3 379
-
total
9 259
-
17 699
-
Corporate
91 159
188 500
-
-
regional
19 280
39 868
-
-
national
7 748
16 022
-
-
total
27 028
55 890
-
-
Dividends
64 131
132 610
-
-
withholding
22 446
46 413
-
-
total
22 446
46 413
-
-
Income
188 500
188 500
188 500
188 500
Total tax
70 450
102 303
45 372
37 274
After tax
118 050
86 197
143 128
151 226
Living cost
74 449
74 449
74 449
74 449
Free-cash
43 601
11 748
68 679
76 777

Estimated living cost  is ₽74449 per week

₽48413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽914
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽49936
₽74793
₽49978
₽65212
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
60 767
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.

-
-
-
3 342
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.

-
-
-
6 437
trade
-
-
-
24 815
total
-
-
-
95 361
Employee

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

56 622
-
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.

367
-
3 342
-
income

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

6 658
-
60 767
-
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.

6 437
-
6 437
-
total
13 462
-
70 546
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
131 878
188 500
-
-
income
19 782
28 274
-
-
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.

1 089
1 556
-
-
chamber of commerce
329
408
-
-
trade
22 617
32 328
-
-
total
43 817
62 566
-
-
Dividends
88 061
125 935
-
-
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.

1 191
1 711
-
-
withholding
21 657
31 126
-
-
total
22 848
32 837
-
-
Income
188 500
188 500
188 500
188 500
Total tax
80 127
95 403
70 546
95 361
After tax
108 373
93 097
117 954
93 139
Living cost
43 161
43 161
43 161
43 161
Free-cash
65 212
49 936
74 793
49 978

Estimated living cost  is ₽43161 per week

₽31523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3453
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.
₽7626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62768
₽68800
₽72948
₽68335
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 966
other
-
-
-
5 843
surtax
-
-
-
-
social contributions
-
-
-
5 371
health
-
-
-
8 673
pensions
-
-
-
31 464
total
-
-
-
83 317
Employee
40 323
-
144 806
-
pensions
4 559
-
10 517
-
surtax
-
-
-
-
social contributions
1 150
-
4 127
-
income
2 380
-
29 128
-
total
8 089
-
43 772
-
Employer
40 323
-
144 806
-
health
2 823
-
13 929
-
pensions
6 624
-
17 626
-
unemployment
1 632
-
5 864
-
social contributions
122
-
434
-
other
1 391
-
5 840
-
total
12 592
-
43 693
-
Corporate
135 584
188 500
-
-
income
37 963
52 780
-
-
surtax
-
-
-
-
total
37 963
52 780
-
-
Dividends
97 621
135 720
-
-
surtax
-
-
-
-
social contributions
16 790
23 345
-
-
withholding
12 496
17 372
-
-
total
29 286
40 717
-
-
Income
188 500
188 500
188 500
188 500
Total tax
87 930
93 497
87 465
83 317
After tax
100 570
95 003
101 035
105 183
Living cost
32 235
32 235
32 235
32 235
Free-cash
68 335
62 768
68 800
72 948

Estimated living cost  is ₽32235 per week

₽20325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65962
₽71994
₽76142
₽71197
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 966
other
-
-
-
5 843
surtax
-
-
-
-
social contributions
-
-
-
5 371
health
-
-
-
8 673
pensions
-
-
-
31 464
total
-
-
-
83 317
Employee
35 994
-
144 806
-
pensions
4 071
-
10 517
-
surtax
-
-
-
-
social contributions
1 026
-
4 127
-
income
1 856
-
29 128
-
total
6 953
-
43 772
-
Employer
35 994
-
144 806
-
health
2 519
-
13 929
-
pensions
5 914
-
17 626
-
unemployment
1 457
-
5 864
-
social contributions
107
-
434
-
other
1 243
-
5 840
-
total
11 240
-
43 693
-
Corporate
141 265
188 500
-
-
income
39 554
52 780
-
-
surtax
-
-
-
-
total
39 554
52 780
-
-
Dividends
101 711
135 720
-
-
surtax
-
-
-
-
social contributions
17 495
23 345
-
-
withholding
13 020
17 372
-
-
total
30 515
40 717
-
-
Income
188 500
188 500
188 500
188 500
Total tax
88 262
93 497
87 465
83 317
After tax
100 238
95 003
101 035
105 183
Living cost
29 041
29 041
29 041
29 041
Free-cash
71 197
65 962
71 994
76 142

Estimated living cost  is ₽29041 per week

₽16842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95024
₽96527
₽101078
₽95512
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 274
social contributions
-
-
-
26 013
health
-
-
-
13 157
total
-
-
-
67 444
Employee
31 945
-
188 500
-
social contributions
4 409
-
26 013
-
income
5 328
-
32 825
-
health
2 230
-
13 157
-
total
11 967
-
71 995
-
Employer
31 945
-
188 500
-
total
-
-
-
-
Corporate
156 555
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%.

7 828
9 424
-
-
total
7 828
9 424
-
-
Dividends
148 727
179 076
-
-
social contributions
20 524
24 713
-
-
withholding
22 310
26 862
-
-
health
10 381
12 499
-
-
total
53 215
64 074
-
-
Income
188 500
188 500
188 500
188 500
Total tax
73 010
73 498
71 995
67 444
After tax
115 490
115 002
116 505
121 056
Living cost
19 978
19 978
19 978
19 978
Free-cash
95 512
95 024
96 527
101 078

Estimated living cost  is ₽19978 per week

₽13370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1232
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70883
₽16468
₽63611
₽69428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
income
-
-
-
56 189
surtax
-
-
-
186
unemployment
-
-
-
5 779
chamber of commerce
-
-
-
755
health
-
-
-
8 419
pensions
-
-
-
20 363
total
-
-
-
91 691
Employee
47 085
37 547
153 469
-
other
470
375
1 101
-
unemployment
1 412
1 126
3 302
-
pensions
4 822
3 844
11 271
-
income
5 360
2 770
46 397
-
health
1 822
1 454
4 259
-
total
13 886
9 569
66 330
-
Employer
47 085
37 547
153 469
-
chamber of commerce
188
150
613
-
health
1 779
1 420
4 161
-
pensions
5 909
4 713
13 814
-
accident
611
488
1 430
-
unemployment
1 412
1 126
3 302
-
surtax
186
186
186
-
payroll
1 412
1 126
4 604
-
other
2 237
1 783
6 921
-
total
13 734
10 992
35 031
-
Corporate
127 680
139 961
149 893
-
income

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

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

31 920
34 990
37 473
-
total
31 920
34 990
37 473
-
Dividends
95 760
104 971
-
-
withholding
26 334
28 868
-
-
total
26 334
28 868
-
-
Income
188 500
188 500
188 500
188 500
Total tax
85 874
84 419
138 834
91 691
After tax
102 626
104 081
49 666
96 809
Living cost
33 198
33 198
33 198
33 198
Free-cash
69 428
70 883
16 468
63 611

Estimated living cost  is ₽33198 per week

₽22142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70400
₽30755
₽47514
₽56894
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
9 900
social contributions
-
-
-
23 490
national
-
-
-
73 243
total
-
-
-
106 633
Employee

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

67 394
-
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.

586
-
1 269
-
communal

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

3 515
-
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.

5 054
-
10 949
-
national
20 719
-
54 196
-
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.

3 166
-
6 862
-
total
33 040
-
80 891
-
Employer

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

67 394
-
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.

4 144
-
8 979
-
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.

5 972
-
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.

876
-
1 899
-
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.

983
-
2 131
-
surtax
7 642
-
16 556
-
total
19 617
-
42 501
-
Corporate
101 489
188 500
-
-
income
20 298
38 573
-
-
surtax
406
771
-
-
total
20 704
39 344
-
-
Dividends
80 785
149 157
-
-
withholding

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

23 892
44 403
-
-
total
23 892
44 403
-
-
Income
188 500
188 500
188 500
188 500
Total tax
97 253
83 747
123 392
106 633
After tax
91 247
104 753
65 108
81 867
Living cost
34 353
34 353
34 353
34 353
Free-cash
56 894
70 400
30 755
47 514

Estimated living cost  is ₽34353 per week

₽22127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3004
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91352
₽67556
₽71508
₽84894
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
56 768
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
82 967
Employee
46 899
-
160 660
-
other
46
-
88
-
unemployment
728
-
1 353
-
pensions
2 205
-
4 105
-
income
9 895
-
53 533
-
total
12 874
-
59 079
-
Employer
46 899
-
160 660
-
pensions
11 067
-
20 610
-
accident
928
-
1 729
-
unemployment
2 580
-
4 802
-
other
374
-
699
-
total
14 949
-
27 840
-
Corporate
126 652
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.

18 999
28 274
-
-
total
18 999
28 274
-
-
Dividends
107 654
160 226
-
-
withholding
22 759
34 849
-
-
total
22 759
34 849
-
-
Income
188 500
188 500
188 500
188 500
Total tax
69 581
63 123
86 919
82 967
After tax
118 919
125 377
101 581
105 533
Living cost
34 026
34 026
34 026
34 026
Free-cash
84 894
91 352
67 556
71 508

Estimated living cost  is ₽34026 per week

₽25056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57348
₽46987
₽39469
₽44648
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 589
income
-
-
-
33 482
surtax
-
-
-
9 346
health
-
-
-
13 245
pensions
-
-
-
28 255
total
-
-
-
97 830
Employee
71 349
-
168 379
-
pensions
5 707
-
13 470
-
surtax
4 373
-
10 320
-
income
6 892
-
38 910
-
health
3 175
-
7 491
-
total
20 147
-
70 191
-
Employer
71 349
-
168 379
-
health
2 176
-
5 135
-
pensions
5 707
-
13 470
-
accident
642
-
1 516
-
total
8 525
-
20 121
-
Corporate
108 626
188 500
-
-
communal
7 332
12 723
-
-
income
16 293
28 274
-
-
surtax
1 141
1 979
-
-
total
24 766
42 976
-
-
Dividends
83 859
145 523
-
-
income
26 635
15 146
-
-
withholding
12 578
21 829
-
-
total
39 213
36 975
-
-
Income
188 500
188 500
188 500
188 500
Total tax
92 651
79 951
90 312
97 830
After tax
95 849
108 549
98 188
90 670
Living cost
51 201
51 201
51 201
51 201
Free-cash
44 648
57 348
46 987
39 469

Estimated living cost  is ₽51201 per week

₽38408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97403
₽61981
₽67742
₽94408
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
income
-
-
-
56 163
other
-
-
-
-
surtax
-
-
-
9 142
unemployment
-
-
-
215
health
-
-
-
8 927
pensions
-
-
-
25 149
total
-
-
-
99 596
Employee
31 729
-
162 031
-
other
-
-
-
-
unemployment
2 208
-
8 752
-
pensions
2 117
-
8 387
-
surtax
113
-
8 015
-
income
5 319
-
50 529
-
health
810
-
3 206
-
total
10 567
-
78 889
-
Employer
31 729
-
162 031
-
health
1 443
-
5 721
-
pensions
4 230
-
16 762
-
unemployment
1 007
-
3 985
-
other
-
-
-
-
total
6 680
-
26 468
-
Corporate
150 092
188 500
-
-
income
39 023
49 011
-
-
total
39 023
49 011
-
-
Dividends
111 068
139 489
-
-
withholding
16 660
20 924
-
-
total
16 660
20 924
-
-
Income
188 500
188 500
188 500
188 500
Total tax
72 930
69 935
105 357
99 596
After tax
115 570
118 565
83 143
88 904
Living cost
21 162
21 162
21 162
21 162
Free-cash
94 408
97 403
61 981
67 742

Estimated living cost  is ₽21162 per week

₽12777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1840
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.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73700
₽55305
₽63399
₽71608
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
social contributions
-
-
-
47 155
regional
-
-
-
2 869
municipal
-
-
-
1 130
national
-
-
-
48 567
total
-
-
-
99 721
Employee
52 263
-
188 500
-
municipal
277
-
1 014
-
national
8 280
-
42 408
-
regional
704
-
2 572
-
social contributions
17 624
-
61 821
-
total
26 885
-
107 815
-
Employer
52 263
-
188 500
-
total
-
-
-
-
Corporate
136 237
188 500
-
-
municipal
6 771
9 369
-
-
nationa
32 696
45 240
-
-
total
39 467
54 609
-
-
Dividends
96 770
133 891
-
-
withholding
25 160
34 811
-
-
total
25 160
34 811
-
-
Income
188 500
188 500
188 500
188 500
Total tax
91 512
89 420
107 815
99 721
After tax
96 988
99 080
80 685
88 779
Living cost
25 380
25 380
25 380
25 380
Free-cash
71 608
73 700
55 305
63 399

Estimated living cost  is ₽25380 per week

₽15784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101295
₽72762
₽80721
₽91134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 468
social contributions
-
-
-
33 265
solidarity contribution
-
-
-
1 111
health
-
-
-
25 448
total
-
-
-
79 292
Employee
41 892
-
146 807
-
solidarity contribution
-
-
396
-
social contributions
2 723
-
7 405
-
income
5 027
-
17 937
-
health
5 655
-
19 819
-
total
13 405
-
45 557
-
Employer
41 892
-
146 807
-
health
3 770
-
13 213
-
social contributions
10 473
-
28 481
-
total
14 243
-
41 694
-
Corporate
132 364
188 500
-
-
income
25 149
35 815
-
-
total
25 149
35 815
-
-
Dividends
107 215
152 685
-
-
withholding
16 082
22 903
-
-
total
16 082
22 903
-
-
Income
188 500
188 500
188 500
188 500
Total tax
68 879
58 718
87 251
79 292
After tax
119 621
129 782
101 249
109 208
Living cost
28 487
28 487
28 487
28 487
Free-cash
91 134
101 295
72 762
80 721

Estimated living cost  is ₽28487 per week

₽21185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74125
₽19657
₽66937
₽73660
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
income
-
-
-
56 189
surtax
-
-
-
-
unemployment
-
-
-
5 779
chamber of commerce
-
-
-
755
health
-
-
-
8 419
pensions
-
-
-
20 363
total
-
-
-
91 505
Employee
41 185
37 547
153 642
-
other
411
375
1 101
-
unemployment
1 235
1 126
3 302
-
pensions
4 218
3 844
11 271
-
income
3 669
2 770
46 479
-
health
1 593
1 454
4 259
-
total
11 126
9 569
66 412
-
Employer
41 185
37 547
153 642
-
chamber of commerce
164
150
615
-
health
1 557
1 420
4 161
-
pensions
5 169
4 713
13 814
-
accident
535
488
1 430
-
unemployment
1 235
1 126
3 302
-
surtax
-
-
-
-
payroll
1 235
1 126
4 609
-
other
1 956
1 783
6 926
-
total
11 851
10 806
34 857
-
Corporate
135 463
140 147
150 067
-
income

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

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

33 865
35 036
37 516
-
total
33 865
35 036
37 516
-
Dividends
101 598
105 111
-
-
withholding
27 940
28 906
-
-
total
27 940
28 906
-
-
Income
188 500
188 500
188 500
188 500
Total tax
84 782
84 317
138 785
91 505
After tax
103 718
104 183
49 715
96 995
Living cost
30 058
30 058
30 058
30 058
Free-cash
73 660
74 125
19 657
66 937

Estimated living cost  is ₽30058 per week

₽18031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽167220
₽138945
₽174760
₽164997
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
188 500
microenterprise

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

-
-
-
1 885
total
-
-
-
1 885
Employee
14 819
-
188 500
-
income
2 964
-
37 700
-
total
2 964
-
37 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

173 681
188 500
-
-
total
-
-
-
-
Dividends
173 681
188 500
-
-
withholding
8 684
9 425
-
-
total
8 684
9 425
-
-
Income
188 500
188 500
188 500
188 500
Total tax
11 648
9 425
37 700
1 885
After tax
176 852
179 075
150 800
186 615
Living cost
11 855
11 855
11 855
11 855
Free-cash
164 997
167 220
138 945
174 760

Estimated living cost  is ₽11855 per week

₽8022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104512
₽60626
₽64719
₽96629
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 255
unemployment
-
-
-
282
health
-
-
-
18 548
pensions
-
-
-
34 425
total
-
-
-
98 510
Employee

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

41 663
-
163 106
-
unemployment
59
-
229
-
pensions
6 458
-
25 281
-
income
7 185
-
41 163
-
health
2 691
-
10 536
-
total
16 393
-
77 209
-
Employer

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

41 663
-
163 106
-
health
2 775
-
10 862
-
pensions
3 687
-
14 434
-
unemployment
25
-
98
-
total
6 487
-
25 394
-
Corporate
140 351
188 500
-
-
income
26 667
35 814
-
-
total
26 667
35 814
-
-
Dividends
113 684
152 686
-
-
withholding
17 053
22 903
-
-
total
17 053
22 903
-
-
Income
188 500
188 500
188 500
188 500
Total tax
66 600
58 717
102 603
98 510
After tax
121 900
129 783
85 897
89 990
Living cost
25 271
25 271
25 271
25 271
Free-cash
96 629
104 512
60 626
64 719

Estimated living cost  is ₽25271 per week

₽17343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74240
₽135726
₽89826
₽29657
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 990
-
-
-
social contributions
4 755
-
678
-
income
12 791
-
-
-
total
17 546
-
678
-
Employer
57 990
-
-
-
social contributions
81 766
-
11 653
-
total
81 766
-
11 653
-
Corporate
48 744
188 500
-
-
income
10 724
41 470
-
-
total
10 724
41 470
-
-
Dividends
38 020
147 030
-
-
income
8 364
32 347
-
-
total
8 364
32 347
-
-
Income
188 500
188 500
188 500
188 500
Total tax
118 400
73 817
12 331
58 231
After tax
70 100
114 683
176 169
130 269
Living cost
40 444
40 444
40 444
40 444
Free-cash
29 657
74 240
135 726
89 826

Estimated living cost  is ₽40444 per week

₽26241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3804
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.
₽9883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77666
₽55659
₽69951
₽76717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 491
surtax
-
-
-
-
social contributions

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

-
-
-
65 505
total
-
-
-
88 996
Employee
43 332
-
152 323
-
surtax
-
-
-
-
social contributions
4 767
-
16 755
-
income
9 013
-
50 356
-
total
13 780
-
67 111
-
Employer
43 332
-
152 323
-
social contributions
10 291
-
36 177
-
total
10 291
-
36 177
-
Corporate
134 876
188 500
-
-
income
28 324
39 585
-
-
surtax
-
-
-
-
total
28 324
39 585
-
-
Dividends
106 552
148 915
-
-
withholding
29 835
41 696
-
-
total
29 835
41 696
-
-
Income
188 500
188 500
188 500
188 500
Total tax
82 230
81 281
103 288
88 996
After tax
106 270
107 219
85 212
99 504
Living cost
29 553
29 553
29 553
29 553
Free-cash
76 717
77 666
55 659
69 951

Estimated living cost  is ₽29553 per week

₽22111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49498
₽55530
₽59678
₽55973
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 966
other
-
-
-
5 843
surtax
-
-
-
-
social contributions
-
-
-
5 371
health
-
-
-
8 673
pensions
-
-
-
31 464
total
-
-
-
83 317
Employee
59 010
-
144 806
-
pensions
6 674
-
10 517
-
surtax
-
-
-
-
social contributions
1 681
-
4 127
-
income
5 149
-
29 128
-
total
13 504
-
43 772
-
Employer
59 010
-
144 806
-
health
4 130
-
13 929
-
pensions
9 696
-
17 626
-
unemployment
2 390
-
5 864
-
social contributions
177
-
434
-
other
2 036
-
5 840
-
total
18 429
-
43 693
-
Corporate
111 060
188 500
-
-
income
31 098
52 780
-
-
surtax
-
-
-
-
total
31 098
52 780
-
-
Dividends
79 963
135 720
-
-
surtax
-
-
-
-
social contributions
13 755
23 345
-
-
withholding
10 236
17 372
-
-
total
23 991
40 717
-
-
Income
188 500
188 500
188 500
188 500
Total tax
87 022
93 497
87 465
83 317
After tax
101 478
95 003
101 035
105 183
Living cost
45 505
45 505
45 505
45 505
Free-cash
55 973
49 498
55 530
59 678

Estimated living cost  is ₽45505 per week

₽30797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141329
₽114735
₽109729
₽138164
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 981
social contributions
-
-
-
41 469
total
-
-
-
50 450
Employee
30 290
-
163 203
-
income
-
-
9 539
-
social contributions
1 969
-
10 608
-
total
1 969
-
20 147
-
Employer
30 290
-
163 203
-
social contributions
4 695
-
25 297
-
total
4 695
-
25 297
-
Corporate
153 515
188 500
-
-
income
15 351
18 850
-
-
total
15 351
18 850
-
-
Dividends
138 164
169 650
-
-
total
-
-
-
-
Income
188 500
188 500
188 500
188 500
Total tax
22 015
18 850
45 444
50 450
After tax
166 485
169 650
143 056
138 050
Living cost
28 321
28 321
28 321
28 321
Free-cash
138 164
141 329
114 735
109 729

Estimated living cost  is ₽28321 per week

₽18312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2135
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.
₽7341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16759
-₽16759
₽64499
-₽16759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 015
municipal
-
-
-
39 935
national
-
-
-
22 863
pensions
-
-
-
817
total
-
-
-
78 630
Employee
191 499
191 499
191 499
-
municipal
40 779
40 779
40 779
-
labour market
15 298
15 298
15 298
-
pensions
272
272
272
-
national
23 395
23 395
23 395
-
total
79 744
79 744
79 744
-
Employer
191 499
191 499
191 499
-
national
23 436
23 436
23 436
-
labour market
15 320
15 320
15 320
-
pensions
544
544
544
-
municipal
40 844
40 844
40 844
-
total
80 144
80 144
80 144
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
188 500
188 500
188 500
188 500
Total tax
159 888
159 888
159 888
78 630
After tax
28 612
28 612
28 612
109 870
Living cost
45 371
45 371
45 371
45 371
Free-cash
-16 759
-16 759
-16 759
64 499

Estimated living cost  is ₽45371 per week

₽31052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽698
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5466
₽82359
₽108053
₽12087
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
53 051
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
59 713
Employee
32 615
-
170 920
-
pensions
3 673
-
7 298
-
income
4 474
-
40 959
-
health
3 735
-
19 570
-
total
11 882
-
67 827
-
Employer
32 615
-
170 920
-
pensions
5 303
-
10 538
-
accident
545
-
2 855
-
unemployment
799
-
4 187
-
total
6 647
-
17 580
-
Corporate
149 238
188 500
-
-
income

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

134 314
169 650
-
-
total
134 314
169 650
-
-
Dividends
14 924
18 850
-
-
withholding
2 836
3 582
-
-
total
2 836
3 582
-
-
Income
188 500
188 500
188 500
188 500
Total tax
155 679
173 232
85 407
59 713
After tax
32 821
15 268
103 093
128 787
Living cost
20 734
20 734
20 734
20 734
Free-cash
12 087
-5 466
82 359
108 053

Estimated living cost  is ₽20734 per week

₽15092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
₽80547
₽60544
₽82134
₽83455
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 510
municipal
-
-
-
33 477
national
-
-
-
34 207
total
-
-
-
70 194
Employee
49 569
-
158 575
-
municipal
8 119
-
25 820
-
unemployment
744
-
2 378
-
pensions
3 345
-
10 704
-
national
819
-
20 910
-
health
370
-
2 049
-
total
13 397
-
61 861
-
Employer
49 569
-
158 575
-
health
381
-
1 221
-
pensions
8 600
-
27 513
-
accident
50
-
159
-
unemployment
322
-
1 030
-
total
9 353
-
29 923
-
Corporate
129 578
188 500
-
-
income
25 916
37 700
-
-
total
25 916
37 700
-
-
Dividends

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

77 746
113 100
-
-
municipal
13 994
20 357
-
-
national
6 213
13 724
-
-
total
20 207
34 081
-
-
Income
188 500
188 500
188 500
188 500
Total tax
68 873
71 781
91 784
70 194
After tax
119 627
116 719
96 716
118 306
Living cost
36 172
36 172
36 172
36 172
Free-cash
83 455
80 547
60 544
82 134

Estimated living cost  is ₽36172 per week

₽23628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115625
₽104300
₽105898
₽110499
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 738
social contributions
-
-
-
15 244
health
-
-
-
4 806
total
-
-
-
60 788
Employee
72 448
72 448
177 113
-
social contributions
2 739
6 013
8 110
-
income
7 888
6 707
39 878
-
health
561
1 232
3 011
-
total
11 188
13 952
50 999
-
Employer
72 448
72 448
177 113
-
health
610
1 341
3 277
-
social contributions
2 739
6 013
8 110
-
total
3 349
7 354
11 387
-
Corporate
152 149
108 698
-
-
income
19 018
13 587
-
-
total
19 018
13 587
-
-
Dividends
133 130
95 112
-
-
withholding
22 632
16 168
-
-
total
22 632
16 168
-
-
Income
188 500
188 500
188 500
188 500
Total tax
56 187
51 061
62 386
60 788
After tax
132 313
137 439
126 114
127 712
Living cost
21 814
21 814
21 814
21 814
Free-cash
110 499
115 625
104 300
105 898

Estimated living cost  is ₽21814 per week

₽13073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141136
₽125849
₽144746
₽136345
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 365
unemployment
-
-
-
27
health
-
-
-
3 410
pensions
-
-
-
5 993
total
-
-
-
28 795
Employee

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

21 626
-
179 292
-
unemployment
107
-
447
-
pensions
3 243
-
13 410
-
income
1 479
-
17 028
-
health
1 838
-
7 599
-
total
6 667
-
38 484
-
Employer

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

21 626
-
179 292
-
health
930
-
3 844
-
pensions
1 189
-
4 917
-
unemployment
107
-
447
-
total
2 226
-
9 208
-
Corporate
164 648
188 500
-
-
income
14 818
16 966
-
-
total
14 818
16 966
-
-
Dividends
149 830
171 534
-
-
withholding
13 485
15 439
-
-
total
13 485
15 439
-
-
Income
188 500
188 500
188 500
188 500
Total tax
37 196
32 405
47 692
28 795
After tax
151 304
156 095
140 808
159 705
Living cost
14 959
14 959
14 959
14 959
Free-cash
136 345
141 136
125 849
144 746

Estimated living cost  is ₽14959 per week

₽9544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99469
₽75673
₽79625
₽95305
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
56 768
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
82 967
Employee
34 837
-
160 660
-
other
34
-
88
-
unemployment
540
-
1 353
-
pensions
1 638
-
4 105
-
income
6 716
-
53 533
-
total
8 928
-
59 079
-
Employer
34 837
-
160 660
-
pensions
8 221
-
20 610
-
accident
690
-
1 729
-
unemployment
1 917
-
4 802
-
other
279
-
699
-
total
11 107
-
27 840
-
Corporate
142 556
188 500
-
-
income

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

21 384
28 274
-
-
total
21 384
28 274
-
-
Dividends
121 172
160 226
-
-
withholding
25 868
34 849
-
-
total
25 868
34 849
-
-
Income
188 500
188 500
188 500
188 500
Total tax
67 287
63 123
86 919
82 967
After tax
121 213
125 377
101 581
105 533
Living cost
25 908
25 908
25 908
25 908
Free-cash
95 305
99 469
75 673
79 625

Estimated living cost  is ₽25908 per week

₽17488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5476
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115712
₽119353
₽119490
₽115399
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
64 692
health
-
-
-
1 011
pensions
-
-
-
1 395
total
-
-
-
67 098
Employee
2 913
-
186 931
-
unemployment
29
-
70
-
pensions
262
-
628
-
income
563
-
64 619
-
health
146
-
349
-
total
1 000
-
65 666
-
Employer
2 913
-
186 931
-
health
277
-
663
-
pensions
320
-
767
-
unemployment
58
-
139
-
total
655
-
1 569
-
Corporate
184 932
188 500
-
-
income
40 685
41 470
-
-
total
40 685
41 470
-
-
Dividends
144 247
147 030
-
-
withholding
28 849
29 406
-
-
total
28 849
29 406
-
-
Income
188 500
188 500
188 500
188 500
Total tax
71 189
70 876
67 235
67 098
After tax
117 311
117 624
121 265
121 402
Living cost
1 912
1 912
1 912
1 912
Free-cash
115 399
115 712
119 353
119 490

Estimated living cost  is ₽1912 per week

₽1136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119892
₽102686
₽102685
₽115256
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 188
unemployment
-
-
-
1 045
health
-
-
-
7 174
pensions
-
-
-
18 109
total
-
-
-
69 516
Employee

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

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

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

24 577
-
176 033
-
unemployment
184
-
522
-
pensions
3 441
-
9 751
-
income
3 388
-
43 188
-
health
1 266
-
3 587
-
total
8 279
-
57 048
-
Employer

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

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

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

24 577
-
176 033
-
health
1 266
-
3 587
-
pensions
2 949
-
8 358
-
unemployment
184
-
522
-
total
4 399
-
12 467
-
Corporate
159 523
188 500
-
-
income
23 928
28 275
-
-
total
23 928
28 275
-
-
Dividends
135 595
160 225
-
-
withholding
20 339
24 034
-
-
total
20 339
24 034
-
-
Income
188 500
188 500
188 500
188 500
Total tax
56 945
52 309
69 515
69 516
After tax
131 555
136 191
118 985
118 984
Living cost
16 299
16 299
16 299
16 299
Free-cash
115 256
119 892
102 686
102 685

Estimated living cost  is ₽16299 per week

₽10974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3592
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81819
₽59812
₽74104
₽81480
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 491
surtax
-
-
-
-
social contributions

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

-
-
-
65 505
total
-
-
-
88 996
Employee
36 568
-
152 323
-
surtax
-
-
-
-
social contributions
4 023
-
16 755
-
income
7 145
-
50 356
-
total
11 168
-
67 111
-
Employer
36 568
-
152 323
-
social contributions
8 684
-
36 177
-
total
8 684
-
36 177
-
Corporate
143 248
188 500
-
-
income
30 082
39 585
-
-
surtax
-
-
-
-
total
30 082
39 585
-
-
Dividends
113 166
148 915
-
-
withholding
31 686
41 696
-
-
total
31 686
41 696
-
-
Income
188 500
188 500
188 500
188 500
Total tax
81 620
81 281
103 288
88 996
After tax
106 880
107 219
85 212
99 504
Living cost
25 400
25 400
25 400
25 400
Free-cash
81 480
81 819
59 812
74 104

Estimated living cost  is ₽25400 per week

₽17990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92265
₽68469
₽72421
₽86098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
56 768
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
82 967
Employee
45 502
-
160 660
-
other
45
-
88
-
unemployment
704
-
1 353
-
pensions
2 138
-
4 105
-
income
9 504
-
53 533
-
total
12 391
-
59 079
-
Employer
45 502
-
160 660
-
pensions
10 738
-
20 610
-
accident
901
-
1 729
-
unemployment
2 503
-
4 802
-
other
365
-
699
-
total
14 507
-
27 840
-
Corporate
128 490
188 500
-
-
income

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

19 274
28 274
-
-
total
19 274
28 274
-
-
Dividends
109 217
160 226
-
-
withholding
23 118
34 849
-
-
total
23 118
34 849
-
-
Income
188 500
188 500
188 500
188 500
Total tax
69 290
63 123
86 919
82 967
After tax
119 210
125 377
101 581
105 533
Living cost
33 112
33 112
33 112
33 112
Free-cash
86 098
92 265
68 469
72 421

Estimated living cost  is ₽33112 per week

₽23780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144966
₽142877
₽135240
₽139226
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
132
health
-
-
-
3 783
pensions

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

-
-
-
4 869
total
-
-
-
37 059
Employee
21 452
-
182 046
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

1 883
-
2 888
-
income
2 146
-
18 205
-
health
987
-
1 513
-
total
5 252
-
22 968
-
Employer
21 452
-
182 046
-
health
1 480
-
2 270
-
pensions

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

2 364
-
3 625
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
unemployment
129
-
197
-
total
4 209
-
6 454
-
Corporate
162 839
188 500
-
-
income
16 284
18 850
-
-
total
16 284
18 850
-
-
Dividends
146 555
169 650
-
-
withholding
7 328
8 483
-
-
total
7 328
8 483
-
-
Income
188 500
188 500
188 500
188 500
Total tax
33 073
27 333
29 422
37 059
After tax
155 427
161 167
159 078
151 441
Living cost
16 201
16 201
16 201
16 201
Free-cash
139 226
144 966
142 877
135 240

Estimated living cost  is ₽16201 per week

₽10715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60600
₽81580
₽60817
₽72925
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
60 767
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.

-
-
-
3 342
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.

-
-
-
6 437
trade
-
-
-
20 763
total
-
-
-
91 309
Employee

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

46 879
-
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.

213
-
3 342
-
income

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

3 855
-
60 767
-
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.

6 437
-
6 437
-
total
10 505
-
70 546
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 621
188 500
-
-
income
21 242
28 274
-
-
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.

1 168
1 556
-
-
chamber of commerce
350
420
-
-
trade
20 323
27 050
-
-
total
43 083
57 300
-
-
Dividends
98 538
131 200
-
-
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.

1 336
1 784
-
-
withholding
24 277
32 442
-
-
total
25 613
34 226
-
-
Income
188 500
188 500
188 500
188 500
Total tax
79 201
91 526
70 546
91 309
After tax
109 299
96 974
117 954
97 191
Living cost
36 374
36 374
36 374
36 374
Free-cash
72 925
60 600
81 580
60 817

Estimated living cost  is ₽36374 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
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.
₽6841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78280
₽43032
₽43032
₽80359
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
income
-
-
-
59 828
social contributions
-
-
-
31 970
total
-
-
-
91 798
Employee
73 698
-
188 500
-
income
13 907
-
59 828
-
social contributions
6 123
-
31 970
-
total
20 030
-
91 798
-
Employer
73 698
-
188 500
-
total
-
-
-
-
Corporate
114 802
188 500
-
-
income
14 350
23 563
-
-
total
14 350
23 563
-
-
Dividends
100 452
164 937
-
-
withholding
20 091
32 987
-
-
total
20 091
32 987
-
-
Income
188 500
188 500
188 500
188 500
Total tax
54 471
56 550
91 798
91 798
After tax
134 029
131 950
96 702
96 702
Living cost
53 670
53 670
53 670
53 670
Free-cash
80 359
78 280
43 032
43 032

Estimated living cost  is ₽53670 per week

₽40831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83346
₽98451
₽120304
₽86638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 274
health

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

-
-
-
5 721
total
-
-
-
33 995
Employee
43 221
-
184 166
-
income
4 690
-
47 180
-
social contributions
4 330
-
4 334
-
total
9 020
-
51 514
-
Employer
43 221
-
184 166
-
social contributions
4 330
-
4 334
-
total
4 330
-
4 334
-
Corporate
140 949
188 500
-
-
income
49 333
65 975
-
-
total
49 333
65 975
-
-
Dividends
91 616
122 525
-
-
social contributions
4 978
4 978
-
-
total
4 978
4 978
-
-
Income
188 500
188 500
188 500
188 500
Total tax
67 661
70 953
55 848
33 995
After tax
120 839
117 547
132 652
154 505
Living cost
34 201
34 201
34 201
34 201
Free-cash
86 638
83 346
98 451
120 304

Estimated living cost  is ₽34201 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85953
₽71358
₽88298
₽91537
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
income
-
-
-
56 256
pensions
-
-
-
8 930
total
-
-
-
65 186
Employee
48 064
-
164 459
-
pensions
3 668
-
10 821
-
income
8 753
-
44 966
-
health
627
-
2 297
-
total
13 048
-
58 084
-
Employer
48 064
-
164 459
-
health
913
-
3 125
-
pensions
4 856
-
20 917
-
total
5 769
-
24 042
-
Corporate
134 666
188 500
-
-
income

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

25 586
35 815
-
-
total
25 586
35 815
-
-
Dividends
109 080
152 685
-
-
withholding
17 544
31 716
-
-
total
17 544
31 716
-
-
Income
188 500
188 500
188 500
188 500
Total tax
61 947
67 531
82 126
65 186
After tax
126 553
120 969
106 374
123 314
Living cost
35 016
35 016
35 016
35 016
Free-cash
91 537
85 953
71 358
88 298

Estimated living cost  is ₽35016 per week

₽24021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7518
₽80307
₽106001
₽11774
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
53 051
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
59 713
Employee
35 844
-
170 920
-
pensions
4 036
-
7 298
-
income
4 917
-
40 959
-
health
4 104
-
19 570
-
total
13 057
-
67 827
-
Employer
35 844
-
170 920
-
pensions
5 828
-
10 538
-
accident
599
-
2 855
-
unemployment
878
-
4 187
-
total
7 305
-
17 580
-
Corporate
145 352
188 500
-
-
income

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

130 816
169 650
-
-
total
130 816
169 650
-
-
Dividends
14 535
18 850
-
-
withholding
2 762
3 582
-
-
total
2 762
3 582
-
-
Income
188 500
188 500
188 500
188 500
Total tax
153 940
173 232
85 407
59 713
After tax
34 560
15 268
103 093
128 787
Living cost
22 786
22 786
22 786
22 786
Free-cash
11 774
-7 518
80 307
106 001

Estimated living cost  is ₽22786 per week

₽16723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

Close
Skopje , Macedonia
₽131473
₽123627
₽102903
₽141483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 419
unemployment
-
-
-
1 809
work injury
-
-
-
754
health insurance
-
-
-
11 153
pensions
-
-
-
27 732
total
-
-
-
72 867
Employee

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

20 368
-
188 500
-
health insurance
1 507
-
5 577
-
unemployment
244
-
904
-
work injury
102
-
377
-
pensions
3 748
-
13 866
-
income
2 037
-
31 419
-
total
7 638
-
52 143
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
168 132
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%.

1 681
18 850
-
-
total
1 681
18 850
-
-
Dividends
166 451
169 650
-
-
withholding
24 968
25 447
-
-
total
24 968
25 447
-
-
Income
188 500
188 500
188 500
188 500
Total tax
34 287
44 297
52 143
72 867
After tax
154 213
144 203
136 357
115 633
Living cost
12 730
12 730
12 730
12 730
Free-cash
141 483
131 473
123 627
102 903

Estimated living cost  is ₽12730 per week

₽7886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61756
₽41685
₽49581
₽57468
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
social contributions
-
-
-
47 155
regional
-
-
-
4 392
municipal
-
-
-
1 271
national
-
-
-
48 567
total
-
-
-
101 385
Employee
79 393
-
188 500
-
municipal
474
-
1 141
-
national
13 417
-
42 408
-
regional
1 199
-
3 911
-
social contributions
26 771
-
61 821
-
total
41 861
-
109 281
-
Employer
79 393
-
188 500
-
total
-
-
-
-
Corporate
109 107
188 500
-
-
municipal
5 258
9 086
-
-
nationa
26 186
45 240
-
-
total
31 444
54 326
-
-
Dividends
77 663
134 174
-
-
withholding
20 193
34 884
-
-
total
20 193
34 884
-
-
Income
188 500
188 500
188 500
188 500
Total tax
93 498
89 210
109 281
101 385
After tax
95 002
99 290
79 219
87 115
Living cost
37 534
37 534
37 534
37 534
Free-cash
57 468
61 756
41 685
49 581

Estimated living cost  is ₽37534 per week

₽26365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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