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
₽64488
₽75652
₽66011
₽88310
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
188 500
trade
-
-
-
22 299
income

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

-
-
-
59 458
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.

-
-
-
6 894
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.

-
-
-
3 271
total
-
-
-
91 922
Employee

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

38 599
-
188 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
surtax

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

59
-
3 271
-
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.

1 078
-
59 458
-
total
8 031
-
69 623
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
149 901
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.

1 237
1 555
-
-
income
22 485
28 274
-
-
trade
23 609
29 690
-
-
chamber of commerce
368
423
-
-
total
47 699
59 942
-
-
Dividends
102 202
128 558
-
-
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.

1 385
1 747
-
-
withholding
25 166
31 756
-
-
total
26 551
33 503
-
-
Income
188 500
188 500
188 500
188 500
Total tax
82 281
93 445
69 623
91 922
After tax
106 219
95 055
118 877
96 578
Living cost
30 567
30 567
30 567
30 567
Free-cash
75 652
64 488
88 310
66 011

Estimated living cost  is ₽30567 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
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.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66630
₽65782
₽59127
₽60138
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
municipal
-
-
-
20 730
pensions
-
-
-
22 620
national
-
-
-
33 003
social contributions
-
-
-
2 026
total
-
-
-
78 379
Employee
79 050
-
162 957
-
municipal
9 764
-
21 460
-
pensions
3 162
-
6 518
-
national
15 130
-
34 601
-
total
28 056
-
62 579
-
Employer
79 050
-
162 957
-
social contributions
850
-
1 752
-
pensions
6 324
-
13 037
-
total
7 174
-
14 789
-
Corporate
97 059
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%.

19 412
37 700
-
-
total
19 412
37 700
-
-
Dividends
77 647
150 800
-
-
withholding
17 082
33 176
-
-
total
17 082
33 176
-
-
Income
188 500
188 500
188 500
188 500
Total tax
71 724
70 876
77 368
78 379
After tax
116 776
117 624
111 132
110 121
Living cost
50 994
50 994
50 994
50 994
Free-cash
65 782
66 630
60 138
59 127

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129805
₽121528
₽44975
₽58932
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
35 797
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.

-
-
-
38 666
total
-
-
-
122 530
Employee
29 488
-
143 718
-
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.

3 244
-
13 229
-
surtax
-
-
20 840
-
income
5 249
-
29 722
-
total
8 493
-
63 791
-
Employer
29 488
-
143 718
-
social contributions

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

7 103
-
28 973
-
surtax
-
-
15 809
-
total
7 103
-
44 782
-
Corporate
151 909
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%.

30 381
37 700
-
-
total
30 381
37 700
-
-
Dividends

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

121 528
150 800
-
-
total
-
-
-
-
Income
188 500
188 500
188 500
188 500
Total tax
45 977
37 700
108 573
122 530
After tax
142 523
150 800
79 927
65 970
Living cost
20 995
20 995
20 995
20 995
Free-cash
121 528
129 805
58 932
44 975

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51211
₽45028
₽61043
₽76659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
60 913
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
85 181
Employee
86 179
86 179
169 746
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
26 543
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
50 811
-
Employer
86 179
86 179
169 746
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
88 287
87 230
-
-
income
17 657
17 446
-
-
total
17 657
17 446
-
-
Dividends
70 630
69 784
-
-
income
15 009
14 829
-
-
withholding
10 594
10 468
-
-
total
25 603
25 297
-
-
Income
188 500
188 500
188 500
188 500
Total tax
101 196
95 014
69 565
85 181
After tax
87 304
93 486
118 935
103 319
Living cost
42 276
42 276
42 276
42 276
Free-cash
45 028
51 211
76 659
61 043

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63931
₽63055
₽56794
₽55848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
municipal
-
-
-
48 828
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
19 132
total
-
-
-
92 716
Employee
55 558
-
161 651
-
municipal
16 567
-
48 204
-
national
-
-
18 609
-
total
16 567
-
66 813
-
Employer
55 558
-
161 651
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 849
-
Corporate
115 486
188 500
-
-
income
25 407
41 470
-
-
total
25 407
41 470
-
-
Dividends
90 079
147 030
-
-
withholding
27 024
44 109
-
-
total
27 024
44 109
-
-
Income
188 500
188 500
188 500
188 500
Total tax
86 455
85 579
93 662
92 716
After tax
102 045
102 921
94 838
95 784
Living cost
38 990
38 990
38 990
38 990
Free-cash
63 055
63 931
55 848
56 794

Estimated living cost  is ₽38990 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54441
₽68620
₽55944
₽79233
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
188 500
trade
-
-
-
23 289
income

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

-
-
-
59 458
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.

-
-
-
6 894
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.

-
-
-
3 271
total
-
-
-
92 912
Employee

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

51 177
-
188 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
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.

241
-
3 271
-
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.

4 397
-
59 458
-
total
11 532
-
69 623
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
137 323
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.

1 134
1 555
-
-
income
20 599
28 274
-
-
trade
22 590
31 009
-
-
chamber of commerce
349
421
-
-
total
44 672
61 259
-
-
Dividends
92 652
127 240
-
-
surtax

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

1 252
1 729
-
-
withholding
22 780
31 427
-
-
total
24 032
33 156
-
-
Income
188 500
188 500
188 500
188 500
Total tax
80 236
94 415
69 623
92 912
After tax
108 264
94 085
118 877
95 588
Living cost
39 644
39 644
39 644
39 644
Free-cash
68 620
54 441
79 233
55 944

Estimated living cost  is ₽39644 per week

₽26514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104748
₽100558
₽95569
₽93941
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
income
-
-
-
39 064
health
-
-
-
4 807
social contributions
-
-
-
16 328
total
-
-
-
60 199
Employee
77 600
77 600
176 548
-
social contributions
3 771
6 440
8 687
-
health
772
1 319
3 001
-
income
8 149
7 183
38 187
-
total
12 692
14 942
49 875
-
Employer
77 600
77 600
176 548
-
social contributions
3 771
6 440
8 687
-
health
841
1 436
3 265
-
total
4 612
7 876
11 952
-
Corporate
138 465
103 023
-
-
income
17 309
12 877
-
-
total
17 309
12 877
-
-
Dividends
121 156
90 146
-
-
withholding
20 597
15 325
-
-
total
20 597
15 325
-
-
Income
188 500
188 500
188 500
188 500
Total tax
55 210
51 020
61 827
60 199
After tax
133 290
137 480
126 673
128 301
Living cost
32 732
32 732
32 732
32 732
Free-cash
100 558
104 748
93 941
95 569

Estimated living cost  is ₽32732 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87531
₽87911
₽112246
₽90938
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
157 741
-
health
1 853
737
11 042
-
income
3 236
1 288
19 284
-
pensions
2 647
1 053
15 774
-
unemployment
397
158
2 366
-
total
8 133
3 236
48 466
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
157 741
-
pensions
5 162
2 054
30 759
-
total
5 162
2 054
30 759
-
Corporate
156 869
175 911
-
-
income
14 118
15 832
-
-
total
14 118
15 832
-
-
Dividends
142 751
160 079
-
-
social contributions
27 716
31 095
-
-
withholding
27 123
30 415
-
-
total
54 839
61 510
-
-
Income
188 500
188 500
188 500
188 500
Total tax
82 252
82 632
79 225
57 917
After tax
106 248
105 868
109 275
130 583
Living cost
18 337
18 337
18 337
18 337
Free-cash
87 911
87 531
90 938
112 246

Estimated living cost  is ₽18337 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126425
₽120156
₽76662
₽84277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
37 700
health
-
-
-
24 505
total
-
-
-
87 463
Employee
28 629
-
140 878
-
income
3 223
-
27 162
-
pensions
573
-
2 817
-
unemployment
458
-
2 254
-
total
4 254
-
32 233
-
Employer
28 629
-
140 878
-
unemployment
230
-
1 126
-
pensions
5 726
-
28 175
-
health
3 721
-
18 314
-
total
9 677
-
47 615
-
Corporate
150 195
188 500
-
-
income
30 038
37 700
-
-
total
30 038
37 700
-
-
Dividends
120 156
150 800
-
-
total
-
-
-
-
Income
188 500
188 500
188 500
188 500
Total tax
43 969
37 700
79 848
87 463
After tax
144 531
150 800
108 652
101 037
Living cost
24 375
24 375
24 375
24 375
Free-cash
120 156
126 425
84 277
76 662

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6800
₽11882
₽106747
₽80734
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
52 697
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
59 684
Employee
34 715
-
170 427
-
health
3 975
-
19 514
-
income
4 763
-
40 456
-
pensions
3 909
-
7 653
-
total
12 647
-
67 623
-
Employer
34 715
-
170 427
-
accident
580
-
2 846
-
unemployment
850
-
4 176
-
pensions
5 645
-
11 052
-
total
7 075
-
18 074
-
Corporate
146 710
188 500
-
-
income

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

132 039
169 650
-
-
total
132 039
169 650
-
-
Dividends
14 671
18 850
-
-
withholding
2 788
3 581
-
-
total
2 788
3 581
-
-
Income
188 500
188 500
188 500
188 500
Total tax
154 549
173 231
85 697
59 684
After tax
33 951
15 269
102 803
128 816
Living cost
22 069
22 069
22 069
22 069
Free-cash
11 882
-6 800
80 734
106 747

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169996
₽168294
₽177536
₽141721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
188 500
-
income
2 269
-
37 700
-
total
2 269
-
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%.

177 151
188 500
-
-
total
-
-
-
-
Dividends
177 151
188 500
-
-
withholding
8 858
9 425
-
-
total
8 858
9 425
-
-
Income
188 500
188 500
188 500
188 500
Total tax
11 127
9 425
37 700
1 885
After tax
177 373
179 075
150 800
186 615
Living cost
9 079
9 079
9 079
9 079
Free-cash
168 294
169 996
141 721
177 536

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111601
₽104788
₽80601
₽79686
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
income
-
-
-
30 136
pensions

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

-
-
-
36 831
other
-
-
-
7 289
health
-
-
-
6 753
total
-
-
-
81 009
Employee
36 642
-
150 556
-
health
513
-
2 109
-
income
6 308
-
29 831
-
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.

2 564
-
10 539
-
unemployment
366
-
1 505
-
total
9 751
-
43 984
-
Employer
36 642
-
150 556
-
accident
293
-
1 205
-
other
1 833
-
7 528
-
unemployment
366
-
1 505
-
pensions

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

6 230
-
25 593
-
health
513
-
2 109
-
total
9 235
-
37 940
-
Corporate
142 624
188 500
-
-
income
29 950
39 585
-
-
total
29 950
39 585
-
-
Dividends
112 674
148 915
-
-
withholding
7 886
10 424
-
-
total
7 886
10 424
-
-
Income
188 500
188 500
188 500
188 500
Total tax
56 822
50 009
81 924
81 009
After tax
131 678
138 491
106 576
107 491
Living cost
26 890
26 890
26 890
26 890
Free-cash
104 788
111 601
79 686
80 601

Estimated living cost  is ₽26890 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54572
₽59598
₽56510
₽39507
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
income
-
-
-
54 949
pensions
-
-
-
9 314
total
-
-
-
64 263
Employee
95 823
-
164 572
-
health
1 579
-
2 347
-
income
17 273
-
43 610
-
pensions
9 244
-
11 381
-
total
28 096
-
57 338
-
Employer
95 823
-
164 572
-
pensions
11 314
-
20 801
-
health
1 820
-
3 127
-
total
13 134
-
23 928
-
Corporate
79 543
188 500
-
-
income

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

15 112
35 815
-
-
total
15 112
35 815
-
-
Dividends
64 431
152 685
-
-
withholding
4 833
30 386
-
-
total
4 833
30 386
-
-
Income
188 500
188 500
188 500
188 500
Total tax
61 175
66 201
81 266
64 263
After tax
127 325
122 299
107 234
124 237
Living cost
67 727
67 727
67 727
67 727
Free-cash
59 598
54 572
39 507
56 510

Estimated living cost  is ₽67727 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
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.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽147928
₽143238
₽137569
₽145075
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
37 692
Employee
17 531
-
181 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
18 158
-
pensions

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

1 539
-
3 097
-
total
4 291
-
23 265
-
Employer
17 531
-
181 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
167 529
188 500
-
-
income
16 753
18 850
-
-
total
16 753
18 850
-
-
Dividends
150 776
169 650
-
-
withholding
7 539
8 483
-
-
total
7 539
8 483
-
-
Income
188 500
188 500
188 500
188 500
Total tax
32 023
27 333
30 186
37 692
After tax
156 477
161 167
158 314
150 808
Living cost
13 239
13 239
13 239
13 239
Free-cash
143 238
147 928
145 075
137 569

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37526
₽40065
₽47359
₽62975
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
60 913
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
85 181
Employee
93 563
86 179
169 746
-
health
11 672
11 251
12 444
-
income

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

14 106
14 106
26 543
-
pensions
11 824
11 824
11 824
-
total
37 602
37 181
50 811
-
Employer
93 563
86 179
169 746
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 754
-
Corporate
78 556
87 230
-
-
income
15 711
17 446
-
-
total
15 711
17 446
-
-
Dividends
62 844
69 784
-
-
income
13 354
14 829
-
-
withholding
9 426
10 468
-
-
total
22 780
25 297
-
-
Income
188 500
188 500
188 500
188 500
Total tax
92 475
95 014
69 565
85 181
After tax
96 025
93 486
118 935
103 319
Living cost
55 960
55 960
55 960
55 960
Free-cash
40 065
37 526
62 975
47 359

Estimated living cost  is ₽55960 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105612
₽96990
₽84221
₽76314
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 241
health
-
-
-
25 447
solidarity contribution
-
-
-
642
social contributions
-
-
-
34 779
total
-
-
-
80 109
Employee
35 544
-
145 618
-
social contributions
2 310
-
7 742
-
health
4 798
-
19 658
-
solidarity contribution
-
-
-
-
income
4 265
-
17 733
-
total
11 373
-
45 133
-
Employer
35 544
-
145 618
-
social contributions
8 886
-
29 777
-
health
3 199
-
13 106
-
total
12 085
-
42 883
-
Corporate
140 871
188 500
-
-
income
26 766
35 815
-
-
total
26 766
35 815
-
-
Dividends
114 106
152 685
-
-
withholding
17 116
22 903
-
-
total
17 116
22 903
-
-
Income
188 500
188 500
188 500
188 500
Total tax
67 340
58 718
88 016
80 109
After tax
121 160
129 782
100 484
108 391
Living cost
24 170
24 170
24 170
24 170
Free-cash
96 990
105 612
76 314
84 221

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57990
₽52721
₽46881
₽38363
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
municipal
-
-
-
1 120
regional
-
-
-
2 235
national
-
-
-
47 199
social contributions
-
-
-
48 482
total
-
-
-
99 036
Employee
89 689
-
188 500
-
social contributions
30 243
-
63 562
-
regional
846
-
1 975
-
municipal
475
-
1 000
-
national
15 541
-
41 017
-
total
47 105
-
107 554
-
Employer
89 689
-
188 500
-
total
-
-
-
-
Corporate
98 811
188 500
-
-
nationa
23 715
45 240
-
-
municipal
3 853
7 352
-
-
total
27 568
52 592
-
-
Dividends
71 244
135 908
-
-
withholding
18 523
35 335
-
-
total
18 523
35 335
-
-
Income
188 500
188 500
188 500
188 500
Total tax
93 196
87 927
107 554
99 036
After tax
95 304
100 573
80 946
89 464
Living cost
42 583
42 583
42 583
42 583
Free-cash
52 721
57 990
38 363
46 881

Estimated living cost  is ₽42583 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96296
₽93157
₽66792
₽60619
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
income
-
-
-
54 124
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
8 585
total
-
-
-
99 439
Employee
33 373
-
160 149
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
7 379
-
income
5 594
-
48 090
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
77 261
-
Employer
33 373
-
160 149
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
148 103
188 500
-
-
income
38 507
49 011
-
-
total
38 507
49 011
-
-
Dividends
109 596
139 489
-
-
withholding
16 439
20 924
-
-
total
16 439
20 924
-
-
Income
188 500
188 500
188 500
188 500
Total tax
73 074
69 935
105 612
99 439
After tax
115 426
118 565
82 888
89 061
Living cost
22 269
22 269
22 269
22 269
Free-cash
93 157
96 296
60 619
66 792

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
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.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76030
₽82718
₽77968
₽60965
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
income
-
-
-
54 949
pensions
-
-
-
9 314
total
-
-
-
64 263
Employee
64 218
-
164 572
-
health
932
-
2 347
-
income
11 566
-
43 610
-
pensions
5 451
-
11 381
-
total
17 949
-
57 338
-
Employer
64 218
-
164 572
-
pensions
6 952
-
20 801
-
health
1 220
-
3 127
-
total
8 172
-
23 928
-
Corporate
116 110
188 500
-
-
income

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

22 061
35 815
-
-
total
22 061
35 815
-
-
Dividends
94 049
152 685
-
-
withholding
11 331
30 386
-
-
total
11 331
30 386
-
-
Income
188 500
188 500
188 500
188 500
Total tax
59 513
66 201
81 266
64 263
After tax
128 987
122 299
107 234
124 237
Living cost
46 269
46 269
46 269
46 269
Free-cash
82 718
76 030
60 965
77 968

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9924
₽42556
₽75255
₽66935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 986
pensions
-
-
-
17 341
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.

-
-
-
3 769
regional
-
-
-
9 730
health
-
-
-
425
national
-
-
-
3 721
total
-
-
-
36 972
Employee
89 259
-
168 814
-
city
958
-
1 814
-
regional
2 923
-
8 429
-
health
202
-
380
-
pensions
7 499
-
14 071
-
unemployment
-
-
-
-
national
422
-
2 770
-
total
12 004
-
27 464
-
Employer
89 259
-
168 814
-
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.

1 785
-
3 377
-
unemployment
-
-
-
-
pensions
7 499
-
14 071
-
health
202
-
380
-
total
9 486
-
17 828
-
Corporate
88 775
188 500
-
-
regional
18 777
39 867
-
-
national
7 546
16 022
-
-
total
26 323
55 889
-
-
Dividends
62 452
132 611
-
-
withholding
21 858
46 414
-
-
total
21 858
46 414
-
-
Income
188 500
188 500
188 500
188 500
Total tax
69 671
102 303
45 292
36 972
After tax
118 829
86 197
143 208
151 528
Living cost
76 273
76 273
76 273
76 273
Free-cash
42 556
9 924
66 935
75 255

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽46885
₽63249
₽48365
₽72646
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
188 500
trade
-
-
-
24 281
income

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

-
-
-
59 458
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.

-
-
-
6 894
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.

-
-
-
3 271
total
-
-
-
93 904
Employee

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

60 649
-
188 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
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.

393
-
3 271
-
income

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

7 132
-
59 458
-
total
14 419
-
69 623
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
127 851
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.

1 055
1 555
-
-
income
19 178
28 274
-
-
trade
21 926
32 329
-
-
chamber of commerce
333
419
-
-
total
42 492
62 577
-
-
Dividends
85 359
125 923
-
-
surtax

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

1 153
1 710
-
-
withholding
20 957
31 097
-
-
total
22 110
32 807
-
-
Income
188 500
188 500
188 500
188 500
Total tax
79 021
95 384
69 623
93 904
After tax
109 479
93 116
118 877
94 596
Living cost
46 230
46 230
46 230
46 230
Free-cash
63 249
46 885
72 646
48 365

Estimated living cost  is ₽46230 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60478
₽66439
₽71523
₽67834
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
income
-
-
-
30 340
pensions
-
-
-
32 589
other
-
-
-
5 843
health
-
-
-
8 306
surtax
-
-
-
-
social contributions
-
-
-
5 372
total
-
-
-
82 450
Employee
43 191
-
145 464
-
social contributions
1 231
-
4 144
-
surtax
-
-
-
-
income
2 549
-
28 668
-
pensions
4 883
-
10 290
-
total
8 663
-
43 102
-
Employer
43 191
-
145 464
-
other
1 490
-
5 750
-
social contributions
130
-
437
-
unemployment
1 748
-
5 891
-
pensions
7 095
-
17 292
-
health
3 024
-
13 667
-
total
13 487
-
43 037
-
Corporate
131 821
188 500
-
-
surtax
-
-
-
-
income
36 909
52 780
-
-
total
36 909
52 780
-
-
Dividends
94 912
135 720
-
-
surtax
-
-
-
-
social contributions
16 326
23 343
-
-
withholding
12 149
17 372
-
-
total
28 475
40 715
-
-
Income
188 500
188 500
188 500
188 500
Total tax
87 534
93 495
86 139
82 450
After tax
100 966
95 005
102 361
106 050
Living cost
34 527
34 527
34 527
34 527
Free-cash
66 439
60 478
67 834
71 523

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63899
₽69504
₽74944
₽71255
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
income
-
-
-
30 340
pensions
-
-
-
32 589
other
-
-
-
5 843
health
-
-
-
8 306
surtax
-
-
-
-
social contributions
-
-
-
5 372
total
-
-
-
82 450
Employee
38 554
-
145 464
-
social contributions
1 099
-
4 144
-
surtax
-
-
-
-
income
1 988
-
28 668
-
pensions
4 361
-
10 290
-
total
7 448
-
43 102
-
Employer
38 554
-
145 464
-
other
1 331
-
5 750
-
social contributions
115
-
437
-
unemployment
1 561
-
5 891
-
pensions
6 335
-
17 292
-
health
2 698
-
13 667
-
total
12 040
-
43 037
-
Corporate
137 906
188 500
-
-
surtax
-
-
-
-
income
38 614
52 780
-
-
total
38 614
52 780
-
-
Dividends
99 292
135 720
-
-
surtax
-
-
-
-
social contributions
17 079
23 343
-
-
withholding
12 709
17 372
-
-
total
29 788
40 715
-
-
Income
188 500
188 500
188 500
188 500
Total tax
87 890
93 495
86 139
82 450
After tax
100 610
95 005
102 361
106 050
Living cost
31 106
31 106
31 106
31 106
Free-cash
69 504
63 899
71 255
74 944

Estimated living cost  is ₽31106 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93604
₽94127
₽99657
₽95453
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
13 157
social contributions
-
-
-
26 013
total
-
-
-
67 444
Employee
34 217
-
188 500
-
social contributions
4 723
-
26 013
-
health
2 388
-
13 157
-
income
5 707
-
32 478
-
total
12 818
-
71 648
-
Employer
34 217
-
188 500
-
total
-
-
-
-
Corporate
154 283
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%.

7 714
9 424
-
-
total
7 714
9 424
-
-
Dividends
146 569
179 076
-
-
health
10 230
12 500
-
-
social contributions
20 227
24 712
-
-
withholding
21 985
26 861
-
-
total
52 442
64 073
-
-
Income
188 500
188 500
188 500
188 500
Total tax
72 974
73 497
71 648
67 444
After tax
115 526
115 003
116 852
121 056
Living cost
21 399
21 399
21 399
21 399
Free-cash
94 127
93 604
95 453
99 657

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
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.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68634
₽67074
₽61217
₽14266
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
755
income
-
-
-
53 751
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
91 724
Employee
50 434
40 217
151 891
-
other
504
402
1 180
-
health
1 951
1 557
4 562
-
income
5 741
2 966
43 700
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 874
10 249
65 052
-
Employer
50 434
40 217
151 891
-
accident
655
523
1 532
-
other
2 396
1 909
6 925
-
chamber of commerce
201
161
607
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
4 556
-
health
1 906
1 521
4 456
-
total
14 712
11 775
36 608
-
Corporate
123 355
136 509
148 061
-
income

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

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

30 839
34 127
37 015
-
total
30 839
34 127
37 015
-
Dividends
92 516
102 382
-
-
withholding
25 442
28 156
-
-
total
25 442
28 156
-
-
Income
188 500
188 500
188 500
188 500
Total tax
85 867
84 307
138 675
91 724
After tax
102 633
104 193
49 825
96 776
Living cost
35 559
35 559
35 559
35 559
Free-cash
67 074
68 634
14 266
61 217

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68603
₽53470
₽44995
₽28973
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
71 749
communal

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

-
-
-
9 800
social contributions
-
-
-
25 160
total
-
-
-
106 709
Employee

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

72 186
-
145 997
-
communal

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

3 765
-
7 614
-
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.

3 392
-
6 862
-
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.

5 414
-
10 950
-
unemployment

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

628
-
1 270
-
national
22 193
-
53 534
-
total
35 392
-
80 230
-
Employer

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

72 186
-
145 997
-
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.

938
-
1 898
-
unemployment

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

1 053
-
2 131
-
surtax
8 185
-
16 558
-
pensions

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

6 396
-
12 934
-
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.

4 439
-
8 980
-
total
21 011
-
42 501
-
Corporate
95 301
188 500
-
-
surtax
381
755
-
-
income
19 061
37 700
-
-
total
19 442
38 455
-
-
Dividends
75 859
150 045
-
-
withholding

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

22 389
44 646
-
-
total
22 389
44 646
-
-
Income
188 500
188 500
188 500
188 500
Total tax
98 234
83 101
122 731
106 709
After tax
90 266
105 399
65 769
81 791
Living cost
36 796
36 796
36 796
36 796
Free-cash
53 470
68 603
28 973
44 995

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
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.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89074
₽82161
₽69221
₽64986
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
54 772
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
82 834
Employee
50 234
-
158 680
-
other
50
-
94
-
income
10 599
-
51 308
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
57 249
-
Employer
50 234
-
158 680
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 075
-
total
16 011
-
29 820
-
Corporate
122 254
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.

18 339
28 274
-
-
total
18 339
28 274
-
-
Dividends
103 915
160 226
-
-
withholding
21 755
34 707
-
-
total
21 755
34 707
-
-
Income
188 500
188 500
188 500
188 500
Total tax
69 894
62 981
87 069
82 834
After tax
118 606
125 519
101 431
105 666
Living cost
36 445
36 445
36 445
36 445
Free-cash
82 161
89 074
64 986
69 221

Estimated living cost  is ₽36445 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54669
₽41407
₽37149
₽44666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 590
income
-
-
-
32 161
pensions
-
-
-
28 253
health
-
-
-
13 245
surtax
-
-
-
9 346
communal
-
-
-
11 914
total
-
-
-
96 509
Employee
76 423
-
168 378
-
health
3 401
-
7 494
-
surtax
4 684
-
10 318
-
income
7 382
-
37 587
-
pensions
6 113
-
13 471
-
total
21 580
-
68 870
-
Employer
76 423
-
168 378
-
accident
688
-
1 515
-
pensions
6 113
-
13 471
-
health
2 331
-
5 136
-
total
9 132
-
20 122
-
Corporate
102 945
188 500
-
-
surtax
1 080
1 978
-
-
communal
6 948
12 724
-
-
income
15 441
28 274
-
-
total
23 469
42 976
-
-
Dividends
79 476
145 524
-
-
income
26 149
14 185
-
-
withholding
11 921
21 828
-
-
total
38 070
36 013
-
-
Income
188 500
188 500
188 500
188 500
Total tax
92 251
78 989
88 992
96 509
After tax
96 249
109 511
99 508
91 991
Living cost
54 842
54 842
54 842
54 842
Free-cash
41 407
54 669
44 666
37 149

Estimated living cost  is ₽54842 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95898
₽92691
₽66394
₽60221
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
income
-
-
-
54 124
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
8 585
total
-
-
-
99 439
Employee
33 985
-
160 149
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
7 379
-
income
5 697
-
48 090
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
77 261
-
Employer
33 985
-
160 149
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
147 360
188 500
-
-
income
38 313
49 011
-
-
total
38 313
49 011
-
-
Dividends
109 047
139 489
-
-
withholding
16 357
20 924
-
-
total
16 357
20 924
-
-
Income
188 500
188 500
188 500
188 500
Total tax
73 142
69 935
105 612
99 439
After tax
115 358
118 565
82 888
89 061
Living cost
22 667
22 667
22 667
22 667
Free-cash
92 691
95 898
60 221
66 394

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
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.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71894
₽69655
₽61671
₽53199
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
municipal
-
-
-
1 120
regional
-
-
-
2 843
national
-
-
-
47 199
social contributions
-
-
-
48 482
total
-
-
-
99 644
Employee
55 980
-
188 500
-
social contributions
18 877
-
63 562
-
regional
754
-
2 537
-
municipal
297
-
1 000
-
national
8 869
-
41 017
-
total
28 797
-
108 116
-
Employer
55 980
-
188 500
-
total
-
-
-
-
Corporate
132 520
188 500
-
-
nationa
31 804
45 240
-
-
municipal
6 586
9 369
-
-
total
38 390
54 609
-
-
Dividends
94 130
133 891
-
-
withholding
24 473
34 812
-
-
total
24 473
34 812
-
-
Income
188 500
188 500
188 500
188 500
Total tax
91 660
89 421
108 116
99 644
After tax
96 840
99 079
80 384
88 856
Living cost
27 185
27 185
27 185
27 185
Free-cash
69 655
71 894
53 199
61 671

Estimated living cost  is ₽27185 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99999
₽89373
₽78608
₽70701
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 241
health
-
-
-
25 447
solidarity contribution
-
-
-
642
social contributions
-
-
-
34 779
total
-
-
-
80 109
Employee
43 799
-
145 618
-
social contributions
2 847
-
7 742
-
health
5 913
-
19 658
-
solidarity contribution
-
-
-
-
income
5 256
-
17 733
-
total
14 016
-
45 133
-
Employer
43 799
-
145 618
-
social contributions
10 950
-
29 777
-
health
3 942
-
13 106
-
total
14 892
-
42 883
-
Corporate
129 809
188 500
-
-
income
24 664
35 815
-
-
total
24 664
35 815
-
-
Dividends
105 145
152 685
-
-
withholding
15 772
22 903
-
-
total
15 772
22 903
-
-
Income
188 500
188 500
188 500
188 500
Total tax
69 344
58 718
88 016
80 109
After tax
119 156
129 782
100 484
108 391
Living cost
29 783
29 783
29 783
29 783
Free-cash
89 373
99 999
70 701
78 608

Estimated living cost  is ₽29783 per week

₽22149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
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.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72106
₽71608
₽64779
₽17678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
755
income
-
-
-
53 751
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
91 525
Employee
44 114
40 217
152 075
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 966
43 788
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 249
65 140
-
Employer
44 114
40 217
152 075
-
accident
573
523
1 532
-
other
2 095
1 909
6 933
-
chamber of commerce
176
161
609
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
4 562
-
health
1 668
1 521
4 456
-
total
12 695
11 576
36 425
-
Corporate
131 691
136 708
148 245
-
income

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

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

32 922
34 177
37 061
-
total
32 922
34 177
37 061
-
Dividends
98 769
102 532
-
-
withholding
27 162
28 196
-
-
total
27 162
28 196
-
-
Income
188 500
188 500
188 500
188 500
Total tax
84 696
84 198
138 626
91 525
After tax
103 804
104 302
49 874
96 975
Living cost
32 196
32 196
32 196
32 196
Free-cash
71 608
72 106
17 678
64 779

Estimated living cost  is ₽32196 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164926
₽162273
₽172466
₽136651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
188 500
-
income
3 537
-
37 700
-
total
3 537
-
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%.

170 814
188 500
-
-
total
-
-
-
-
Dividends
170 814
188 500
-
-
withholding
8 541
9 425
-
-
total
8 541
9 425
-
-
Income
188 500
188 500
188 500
188 500
Total tax
12 078
9 425
37 700
1 885
After tax
176 422
179 075
150 800
186 615
Living cost
14 149
14 149
14 149
14 149
Free-cash
162 273
164 926
136 651
172 466

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102713
₽94274
₽64450
₽59460
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
188 500
income
-
-
-
43 723
pensions
-
-
-
34 426
unemployment
-
-
-
283
health
-
-
-
18 550
total
-
-
-
96 982
Employee

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

44 626
-
163 106
-
health
2 882
-
10 537
-
income
7 696
-
40 532
-
pensions
6 917
-
25 281
-
unemployment
63
-
228
-
total
17 558
-
76 578
-
Employer

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

44 626
-
163 106
-
unemployment
27
-
98
-
pensions
3 949
-
14 434
-
health
2 972
-
10 862
-
total
6 948
-
25 394
-
Corporate
136 926
188 500
-
-
income
26 016
35 816
-
-
total
26 016
35 816
-
-
Dividends
110 910
152 684
-
-
withholding
16 636
22 903
-
-
total
16 636
22 903
-
-
Income
188 500
188 500
188 500
188 500
Total tax
67 158
58 719
101 972
96 982
After tax
121 342
129 781
86 528
91 518
Living cost
27 068
27 068
27 068
27 068
Free-cash
94 274
102 713
59 460
64 450

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71103
₽23062
₽86689
₽131633
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
37 906
188 500
-
-
income
8 339
41 470
-
-
total
8 339
41 470
-
-
Dividends
29 567
147 030
-
-
income
6 505
32 347
-
-
total
6 505
32 347
-
-
Income
188 500
188 500
188 500
188 500
Total tax
121 858
73 817
13 287
58 231
After tax
66 642
114 683
175 213
130 269
Living cost
43 580
43 580
43 580
43 580
Free-cash
23 062
71 103
131 633
86 689

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75564
₽74548
₽68607
₽54317
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
188 500
income
-
-
-
22 735
surtax
-
-
-
-
social contributions

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

-
-
-
65 504
total
-
-
-
88 239
Employee
46 414
-
152 322
-
social contributions
5 106
-
16 755
-
surtax
-
-
-
-
income
9 654
-
49 598
-
total
14 760
-
66 353
-
Employer
46 414
-
152 322
-
social contributions
11 023
-
36 176
-
total
11 023
-
36 176
-
Corporate
131 063
188 500
-
-
surtax
-
-
-
-
income
27 524
39 585
-
-
total
27 524
39 585
-
-
Dividends
103 539
148 915
-
-
withholding
28 991
41 697
-
-
total
28 991
41 697
-
-
Income
188 500
188 500
188 500
188 500
Total tax
82 298
81 282
102 529
88 239
After tax
106 202
107 218
85 971
100 261
Living cost
31 654
31 654
31 654
31 654
Free-cash
74 548
75 564
54 317
68 607

Estimated living cost  is ₽31654 per week

₽23684
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.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46263
₽53199
₽57308
₽53620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
income
-
-
-
30 340
pensions
-
-
-
32 589
other
-
-
-
5 843
health
-
-
-
8 306
surtax
-
-
-
-
social contributions
-
-
-
5 372
total
-
-
-
82 450
Employee
63 206
-
145 464
-
social contributions
1 800
-
4 144
-
surtax
-
-
-
-
income
5 515
-
28 668
-
pensions
7 149
-
10 290
-
total
14 464
-
43 102
-
Employer
63 206
-
145 464
-
other
2 181
-
5 750
-
social contributions
190
-
437
-
unemployment
2 560
-
5 891
-
pensions
10 386
-
17 292
-
health
4 424
-
13 667
-
total
19 741
-
43 037
-
Corporate
105 553
188 500
-
-
surtax
-
-
-
-
income
29 556
52 780
-
-
total
29 556
52 780
-
-
Dividends
75 998
135 720
-
-
surtax
-
-
-
-
social contributions
13 070
23 343
-
-
withholding
9 729
17 372
-
-
total
22 799
40 715
-
-
Income
188 500
188 500
188 500
188 500
Total tax
86 560
93 495
86 139
82 450
After tax
101 940
95 005
102 361
106 050
Living cost
48 742
48 742
48 742
48 742
Free-cash
53 199
46 263
53 620
57 308

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139315
₽135925
₽108122
₽113128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 574
social contributions
-
-
-
41 469
total
-
-
-
50 043
Employee
32 444
-
163 204
-
income
-
-
9 131
-
social contributions
2 109
-
10 610
-
total
2 109
-
19 741
-
Employer
32 444
-
163 204
-
social contributions
5 029
-
25 296
-
total
5 029
-
25 296
-
Corporate
151 027
188 500
-
-
income
15 102
18 850
-
-
total
15 102
18 850
-
-
Dividends
135 925
169 650
-
-
total
-
-
-
-
Income
188 500
188 500
188 500
188 500
Total tax
22 240
18 850
45 037
50 043
After tax
166 260
169 650
143 463
138 457
Living cost
30 335
30 335
30 335
30 335
Free-cash
135 925
139 315
113 128
108 122

Estimated living cost  is ₽30335 per week

₽19614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
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.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31471
-₽31471
₽61934
-₽31471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
municipal
-
-
-
39 582
pensions
-
-
-
875
national
-
-
-
22 476
labour market
-
-
-
15 010
total
-
-
-
77 943
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
188 500
188 500
188 500
188 500
Total tax
171 348
171 348
171 348
77 943
After tax
17 152
17 152
17 152
110 557
Living cost
48 623
48 623
48 623
48 623
Free-cash
-31 471
-31 471
-31 471
61 934

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6474
₽11934
₽107073
₽81060
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
52 697
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
59 684
Employee
34 203
-
170 427
-
health
3 917
-
19 514
-
income
4 692
-
40 456
-
pensions
3 852
-
7 653
-
total
12 461
-
67 623
-
Employer
34 203
-
170 427
-
accident
571
-
2 846
-
unemployment
838
-
4 176
-
pensions
5 561
-
11 052
-
total
6 970
-
18 074
-
Corporate
147 326
188 500
-
-
income

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

132 593
169 650
-
-
total
132 593
169 650
-
-
Dividends
14 733
18 850
-
-
withholding
2 799
3 581
-
-
total
2 799
3 581
-
-
Income
188 500
188 500
188 500
188 500
Total tax
154 823
173 231
85 697
59 684
After tax
33 677
15 269
102 803
128 816
Living cost
21 743
21 743
21 743
21 743
Free-cash
11 934
-6 474
81 060
107 073

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78707
₽81501
₽81275
₽59460
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
188 500
municipal
-
-
-
33 483
health
-
-
-
2 482
national
-
-
-
32 515
total
-
-
-
68 480
Employee
53 094
-
158 577
-
health
396
-
2 020
-
municipal
8 696
-
25 825
-
pensions
3 583
-
10 703
-
unemployment
797
-
2 379
-
national
877
-
19 445
-
total
14 349
-
60 372
-
Employer
53 094
-
158 577
-
accident
54
-
159
-
unemployment
345
-
1 030
-
pensions
9 212
-
27 512
-
health
408
-
1 222
-
total
10 019
-
29 923
-
Corporate
125 388
188 500
-
-
income
25 078
37 700
-
-
total
25 078
37 700
-
-
Dividends

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

75 232
113 100
-
-
national
5 266
12 991
-
-
municipal
13 542
20 357
-
-
total
18 808
33 348
-
-
Income
188 500
188 500
188 500
188 500
Total tax
68 254
71 048
90 295
68 480
After tax
120 246
117 452
98 205
120 020
Living cost
38 745
38 745
38 745
38 745
Free-cash
81 501
78 707
59 460
81 275

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114115
₽108621
₽104936
₽103308
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
income
-
-
-
39 064
health
-
-
-
4 807
social contributions
-
-
-
16 328
total
-
-
-
60 199
Employee
77 600
77 600
176 548
-
social contributions
2 934
6 440
8 687
-
health
601
1 319
3 001
-
income
8 449
7 183
38 187
-
total
11 984
14 942
49 875
-
Employer
77 600
77 600
176 548
-
social contributions
2 934
6 440
8 687
-
health
653
1 436
3 265
-
total
3 587
7 876
11 952
-
Corporate
149 563
103 023
-
-
income
18 695
12 877
-
-
total
18 695
12 877
-
-
Dividends
130 868
90 146
-
-
withholding
22 248
15 325
-
-
total
22 248
15 325
-
-
Income
188 500
188 500
188 500
188 500
Total tax
56 514
51 020
61 827
60 199
After tax
131 986
137 480
126 673
128 301
Living cost
23 365
23 365
23 365
23 365
Free-cash
108 621
114 115
103 308
104 936

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140073
₽134938
₽143109
₽122869
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 268
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
29 368
Employee

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

23 164
-
178 637
-
health
1 969
-
8 139
-
income
1 584
-
16 765
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
39 746
-
Employer

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

23 164
-
178 637
-
unemployment
115
-
479
-
pensions
1 274
-
5 266
-
health
996
-
4 117
-
total
2 385
-
9 862
-
Corporate
162 952
188 500
-
-
income
14 666
16 966
-
-
total
14 666
16 966
-
-
Dividends
148 286
171 534
-
-
withholding
13 346
15 438
-
-
total
13 346
15 438
-
-
Income
188 500
188 500
188 500
188 500
Total tax
37 539
32 404
49 608
29 368
After tax
150 961
156 096
138 892
159 132
Living cost
16 023
16 023
16 023
16 023
Free-cash
134 938
140 073
122 869
143 109

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97768
₽93310
₽77915
₽73680
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
54 772
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
82 834
Employee
37 315
-
158 680
-
other
36
-
94
-
income
7 194
-
51 308
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
57 249
-
Employer
37 315
-
158 680
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 075
-
total
11 897
-
29 820
-
Corporate
139 289
188 500
-
-
income

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

20 894
28 274
-
-
total
20 894
28 274
-
-
Dividends
118 395
160 226
-
-
withholding
25 086
34 707
-
-
total
25 086
34 707
-
-
Income
188 500
188 500
188 500
188 500
Total tax
67 439
62 981
87 069
82 834
After tax
121 061
125 519
101 431
105 666
Living cost
27 751
27 751
27 751
27 751
Free-cash
93 310
97 768
73 680
77 915

Estimated living cost  is ₽27751 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114868
₽114414
₽118151
₽117953
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
64 126
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
67 593
Employee
4 198
-
186 238
-
health
210
-
503
-
income
812
-
64 020
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
65 529
-
Employer
4 198
-
186 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
183 358
188 500
-
-
income
40 339
41 470
-
-
total
40 339
41 470
-
-
Dividends
143 019
147 030
-
-
withholding
28 604
29 406
-
-
total
28 604
29 406
-
-
Income
188 500
188 500
188 500
188 500
Total tax
71 330
70 876
67 791
67 593
After tax
117 170
117 624
120 709
120 907
Living cost
2 756
2 756
2 756
2 756
Free-cash
114 414
114 868
117 953
118 151

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118738
₽113774
₽99945
₽99946
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
188 500
income
-
-
-
42 909
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
71 102
Employee

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

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

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

26 319
-
175 149
-
health
1 355
-
3 841
-
income
3 628
-
42 909
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
57 751
-
Employer

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

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

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

26 319
-
175 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
157 470
188 500
-
-
income
23 621
28 275
-
-
total
23 621
28 275
-
-
Dividends
133 850
160 225
-
-
withholding
20 077
24 034
-
-
total
20 077
24 034
-
-
Income
188 500
188 500
188 500
188 500
Total tax
57 273
52 309
71 101
71 102
After tax
131 227
136 191
117 399
117 398
Living cost
17 453
17 453
17 453
17 453
Free-cash
113 774
118 738
99 946
99 945

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80012
₽79649
₽73055
₽58765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
188 500
income
-
-
-
22 735
surtax
-
-
-
-
social contributions

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

-
-
-
65 504
total
-
-
-
88 239
Employee
39 168
-
152 322
-
social contributions
4 309
-
16 755
-
surtax
-
-
-
-
income
7 653
-
49 598
-
total
11 962
-
66 353
-
Employer
39 168
-
152 322
-
social contributions
9 302
-
36 176
-
total
9 302
-
36 176
-
Corporate
140 030
188 500
-
-
surtax
-
-
-
-
income
29 406
39 585
-
-
total
29 406
39 585
-
-
Dividends
110 624
148 915
-
-
withholding
30 975
41 697
-
-
total
30 975
41 697
-
-
Income
188 500
188 500
188 500
188 500
Total tax
81 645
81 282
102 529
88 239
After tax
106 855
107 218
85 971
100 261
Living cost
27 206
27 206
27 206
27 206
Free-cash
79 649
80 012
58 765
73 055

Estimated living cost  is ₽27206 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
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.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90052
₽83447
₽70199
₽65964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
54 772
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
82 834
Employee
48 738
-
158 680
-
other
48
-
94
-
income
10 180
-
51 308
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
57 249
-
Employer
48 738
-
158 680
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 075
-
total
15 539
-
29 820
-
Corporate
124 223
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.

18 634
28 274
-
-
total
18 634
28 274
-
-
Dividends
105 589
160 226
-
-
withholding
22 140
34 707
-
-
total
22 140
34 707
-
-
Income
188 500
188 500
188 500
188 500
Total tax
69 586
62 981
87 069
82 834
After tax
118 914
125 519
101 431
105 666
Living cost
35 467
35 467
35 467
35 467
Free-cash
83 447
90 052
65 964
70 199

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143797
₽137644
₽133438
₽140944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
37 692
Employee
23 001
-
181 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
18 158
-
pensions

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

2 019
-
3 097
-
total
5 630
-
23 265
-
Employer
23 001
-
181 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
160 986
188 500
-
-
income
16 099
18 850
-
-
total
16 099
18 850
-
-
Dividends
144 887
169 650
-
-
withholding
7 244
8 483
-
-
total
7 244
8 483
-
-
Income
188 500
188 500
188 500
188 500
Total tax
33 486
27 333
30 186
37 692
After tax
155 014
161 167
158 314
150 808
Living cost
17 370
17 370
17 370
17 370
Free-cash
137 644
143 797
140 944
133 438

Estimated living cost  is ₽17370 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58032
₽71236
₽59599
₽79916
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
188 500
trade
-
-
-
20 317
income

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

-
-
-
59 458
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.

-
-
-
6 894
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.

-
-
-
3 271
total
-
-
-
89 940
Employee

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

50 212
-
188 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
surtax

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

228
-
3 271
-
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.

4 129
-
59 458
-
total
11 251
-
69 623
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
138 288
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.

1 141
1 555
-
-
income
20 742
28 274
-
-
trade
19 844
27 051
-
-
chamber of commerce
356
429
-
-
total
42 083
57 309
-
-
Dividends
96 204
131 191
-
-
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.

1 302
1 783
-
-
withholding
23 667
32 415
-
-
total
24 969
34 198
-
-
Income
188 500
188 500
188 500
188 500
Total tax
78 303
91 507
69 623
89 940
After tax
110 197
96 993
118 877
98 560
Living cost
38 961
38 961
38 961
38 961
Free-cash
71 236
58 032
79 916
59 599

Estimated living cost  is ₽38961 per week

₽26876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74463
₽76690
₽40596
₽40596
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
income
-
-
-
58 720
social contributions
-
-
-
31 697
total
-
-
-
90 417
Employee
78 939
-
188 500
-
income
14 896
-
58 720
-
social contributions
6 558
-
31 697
-
total
21 454
-
90 417
-
Employer
78 939
-
188 500
-
total
-
-
-
-
Corporate
109 561
188 500
-
-
income
13 695
23 563
-
-
total
13 695
23 563
-
-
Dividends
95 866
164 937
-
-
withholding
19 174
32 987
-
-
total
19 174
32 987
-
-
Income
188 500
188 500
188 500
188 500
Total tax
54 323
56 550
90 417
90 417
After tax
134 177
131 950
98 083
98 083
Living cost
57 487
57 487
57 487
57 487
Free-cash
76 690
74 463
40 596
40 596

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80560
₽84087
₽116400
₽96740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 726
health

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

-
-
-
6 741
total
-
-
-
35 467
Employee
46 295
-
183 858
-
income
5 023
-
45 843
-
social contributions
4 638
-
4 642
-
total
9 661
-
50 485
-
Employer
46 295
-
183 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
137 567
188 500
-
-
income
48 149
65 975
-
-
total
48 149
65 975
-
-
Dividends
89 418
122 525
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
188 500
188 500
188 500
188 500
Total tax
67 780
71 307
55 127
35 467
After tax
120 720
117 193
133 373
153 033
Living cost
36 633
36 633
36 633
36 633
Free-cash
84 087
80 560
96 740
116 400

Estimated living cost  is ₽36633 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
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.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84684
₽90680
₽86622
₽69619
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
income
-
-
-
54 949
pensions
-
-
-
9 314
total
-
-
-
64 263
Employee
51 632
-
164 572
-
health
674
-
2 347
-
income
9 403
-
43 610
-
pensions
3 941
-
11 381
-
total
14 018
-
57 338
-
Employer
51 632
-
164 572
-
pensions
5 217
-
20 801
-
health
981
-
3 127
-
total
6 198
-
23 928
-
Corporate
130 670
188 500
-
-
income

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

24 827
35 815
-
-
total
24 827
35 815
-
-
Dividends
105 843
152 685
-
-
withholding
15 162
30 386
-
-
total
15 162
30 386
-
-
Income
188 500
188 500
188 500
188 500
Total tax
60 205
66 201
81 266
64 263
After tax
128 295
122 299
107 234
124 237
Living cost
37 615
37 615
37 615
37 615
Free-cash
90 680
84 684
69 619
86 622

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8627
₽11601
₽104920
₽78907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
52 697
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
59 684
Employee
37 589
-
170 427
-
health
4 304
-
19 514
-
income
5 157
-
40 456
-
pensions
4 233
-
7 653
-
total
13 694
-
67 623
-
Employer
37 589
-
170 427
-
accident
628
-
2 846
-
unemployment
921
-
4 176
-
pensions
6 112
-
11 052
-
total
7 661
-
18 074
-
Corporate
143 251
188 500
-
-
income

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

128 926
169 650
-
-
total
128 926
169 650
-
-
Dividends
14 325
18 850
-
-
withholding
2 722
3 581
-
-
total
2 722
3 581
-
-
Income
188 500
188 500
188 500
188 500
Total tax
153 003
173 231
85 697
59 684
After tax
35 497
15 269
102 803
128 816
Living cost
23 896
23 896
23 896
23 896
Free-cash
11 601
-8 627
78 907
104 920

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130571
₽140270
₽99246
₽121438
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
31 241
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
75 623
Employee

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

21 810
-
188 500
-
work injury
109
-
403
-
income
2 181
-
31 241
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
53 431
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
166 690
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%.

1 667
18 850
-
-
total
1 667
18 850
-
-
Dividends
165 023
169 650
-
-
withholding
24 753
25 448
-
-
total
24 753
25 448
-
-
Income
188 500
188 500
188 500
188 500
Total tax
34 599
44 298
53 431
75 623
After tax
153 901
144 202
135 069
112 877
Living cost
13 631
13 631
13 631
13 631
Free-cash
140 270
130 571
121 438
99 246

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59087
₽54495
₽47027
₽38751
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
188 500
municipal
-
-
-
1 260
regional
-
-
-
4 329
national
-
-
-
47 199
social contributions
-
-
-
48 482
total
-
-
-
101 270
Employee
85 039
-
188 500
-
social contributions
28 675
-
63 562
-
regional
1 284
-
3 843
-
municipal
507
-
1 124
-
national
14 371
-
41 017
-
total
44 837
-
109 546
-
Employer
85 039
-
188 500
-
total
-
-
-
-
Corporate
103 461
188 500
-
-
nationa
24 831
45 240
-
-
municipal
4 987
9 085
-
-
total
29 818
54 325
-
-
Dividends
73 643
134 175
-
-
withholding
19 147
34 885
-
-
total
19 147
34 885
-
-
Income
188 500
188 500
188 500
188 500
Total tax
93 802
89 210
109 546
101 270
After tax
94 698
99 290
78 954
87 230
Living cost
40 203
40 203
40 203
40 203
Free-cash
54 495
59 087
38 751
47 027

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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