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
₽ 189500
per

Your estimated
City
free-cash

Dresden , Germany
₽90046
₽67132
₽67067
₽77507
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
189 500
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.

-
-
-
6 406
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.

-
-
-
61 274
surtax

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

-
-
-
3 370
trade
-
-
-
22 979
total
-
-
-
94 029
Employee

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

35 867
-
189 500
-
surtax

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

55
-
3 370
-
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.

1 002
-
61 274
-
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.

6 406
-
6 406
-
total
7 463
-
71 050
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
153 633
189 500
-
-
chamber of commerce
363
415
-
-
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.

1 267
1 564
-
-
trade
24 197
29 847
-
-
income
23 045
28 425
-
-
total
48 872
60 251
-
-
Dividends
104 761
129 250
-
-
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.

1 420
1 758
-
-
withholding
25 834
31 955
-
-
total
27 254
33 713
-
-
Income
189 500
189 500
189 500
189 500
Total tax
83 589
93 964
71 050
94 029
After tax
105 911
95 536
118 450
95 471
Living cost
28 404
28 404
28 404
28 404
Free-cash
77 507
67 132
90 046
67 067

Estimated living cost  is ₽28404 per week

₽17867
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61831
₽69010
₽60815
₽68190
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
social contributions
-
-
-
2 037
pensions
-
-
-
22 740
national
-
-
-
33 780
municipal
-
-
-
20 890
total
-
-
-
79 447
Employee
76 327
-
163 821
-
municipal
9 428
-
21 624
-
national
14 609
-
35 387
-
pensions
3 053
-
6 553
-
total
27 090
-
63 564
-
Employer
76 327
-
163 821
-
pensions
6 106
-
13 106
-
social contributions
821
-
1 761
-
total
6 927
-
14 867
-
Corporate
101 208
189 500
-
-
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%.

20 242
37 900
-
-
total
20 242
37 900
-
-
Dividends
80 967
151 600
-
-
withholding
17 813
33 352
-
-
total
17 813
33 352
-
-
Income
189 500
189 500
189 500
189 500
Total tax
72 072
71 252
78 431
79 447
After tax
117 428
118 248
111 069
110 053
Living cost
49 238
49 238
49 238
49 238
Free-cash
68 190
69 010
61 831
60 815

Estimated living cost  is ₽49238 per week

₽33466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61754
₽132092
₽47974
₽124398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
189 500
social contributions

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

-
-
-
35 929
income
-
-
-
37 766
surtax
-
-
-
48 322
microenterprise
-
-
-
-
total
-
-
-
122 017
Employee
27 401
-
146 465
-
surtax
-
-
21 237
-
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.

3 015
-
12 293
-
income
4 878
-
31 674
-
total
7 893
-
65 204
-
Employer
27 401
-
146 465
-
surtax
-
-
16 110
-
social contributions

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

6 600
-
26 923
-
total
6 600
-
43 033
-
Corporate
155 498
189 500
-
-
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%.

31 100
37 899
-
-
total
31 100
37 899
-
-
Dividends

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

124 399
151 601
-
-
total
-
-
-
-
Income
189 500
189 500
189 500
189 500
Total tax
45 593
37 899
108 237
122 017
After tax
143 907
151 601
81 263
67 483
Living cost
19 509
19 509
19 509
19 509
Free-cash
124 398
132 092
61 754
47 974

Estimated living cost  is ₽19509 per week

₽12446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81749
₽54899
₽63643
₽49155
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
health
-
-
-
11 564
income
-
-
-
64 022
pensions
-
-
-
10 987
total
-
-
-
86 573
Employee
80 080
80 080
172 073
-
income

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

13 108
13 108
28 489
-
pensions
14 414
10 987
10 987
-
health
12 291
10 455
11 564
-
total
39 813
34 550
51 040
-
Employer
80 080
80 080
172 073
-
unemployment
2 883
2 883
3 582
-
health
5 566
5 566
6 917
-
pensions
5 574
5 574
6 928
-
total
14 023
14 023
17 427
-
Corporate
96 379
95 397
-
-
income
19 276
19 079
-
-
total
19 276
19 079
-
-
Dividends
77 103
76 318
-
-
income
16 384
16 217
-
-
withholding
11 565
11 448
-
-
total
27 949
27 665
-
-
Income
189 500
189 500
189 500
189 500
Total tax
101 061
95 317
68 467
86 573
After tax
88 439
94 183
121 033
102 927
Living cost
39 284
39 284
39 284
39 284
Free-cash
49 155
54 899
81 749
63 643

Estimated living cost  is ₽39284 per week

₽27839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3541
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56573
₽64840
₽57509
₽63972
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
other
-
-
-
9 837
health
-
-
-
5 282
accident
-
-
-
169
pensions
-
-
-
9 151
national
-
-
-
19 644
unemployment
-
-
-
85
municipal
-
-
-
49 196
total
-
-
-
93 364
Employee
55 039
-
162 901
-
municipal
16 413
-
48 577
-
national
-
-
19 125
-
total
16 413
-
67 702
-
Employer
55 039
-
162 901
-
other
6 396
-
9 837
-
unemployment
1 453
-
2 235
-
health
3 385
-
5 206
-
accident
110
-
169
-
pensions
5 950
-
9 151
-
total
17 294
-
26 598
-
Corporate
117 167
189 500
-
-
income
25 777
41 690
-
-
total
25 777
41 690
-
-
Dividends
91 391
147 810
-
-
withholding
27 417
44 343
-
-
total
27 417
44 343
-
-
Income
189 500
189 500
189 500
189 500
Total tax
86 901
86 033
94 300
93 364
After tax
102 599
103 467
95 200
96 136
Living cost
38 627
38 627
38 627
38 627
Free-cash
63 972
64 840
56 573
57 509

Estimated living cost  is ₽38627 per week

₽25600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81611
₽57724
₽57610
₽70900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
189 500
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.

-
-
-
6 406
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.

-
-
-
61 274
surtax

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

-
-
-
3 370
trade
-
-
-
24 001
total
-
-
-
95 051
Employee

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

47 555
-
189 500
-
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.

224
-
3 370
-
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.

4 086
-
61 274
-
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.

6 406
-
6 406
-
total
10 716
-
71 050
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 945
189 500
-
-
chamber of commerce
343
411
-
-
surtax

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

1 171
1 564
-
-
trade
23 350
31 172
-
-
income
21 292
28 425
-
-
total
46 156
61 572
-
-
Dividends
95 788
127 927
-
-
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.

1 297
1 739
-
-
withholding
23 592
31 626
-
-
total
24 889
33 365
-
-
Income
189 500
189 500
189 500
189 500
Total tax
81 761
94 937
71 050
95 051
After tax
107 739
94 563
118 450
94 449
Living cost
36 839
36 839
36 839
36 839
Free-cash
70 900
57 724
81 611
57 610

Estimated living cost  is ₽36839 per week

₽24638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3885
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.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96288
₽107744
₽97891
₽103857
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
social contributions
-
-
-
15 172
health
-
-
-
4 831
income
-
-
-
41 190
total
-
-
-
61 193
Employee
72 108
72 108
178 132
-
social contributions
3 504
5 985
8 072
-
income
7 572
6 675
40 327
-
health
717
1 226
3 029
-
total
11 793
13 886
51 428
-
Employer
72 108
72 108
178 132
-
health
781
1 335
3 296
-
social contributions
3 504
5 985
8 072
-
total
4 285
7 320
11 368
-
Corporate
143 006
110 072
-
-
income
17 876
13 760
-
-
total
17 876
13 760
-
-
Dividends
125 130
96 313
-
-
withholding
21 273
16 374
-
-
total
21 273
16 374
-
-
Income
189 500
189 500
189 500
189 500
Total tax
55 227
51 340
62 796
61 193
After tax
134 273
138 160
126 704
128 307
Living cost
30 416
30 416
30 416
30 416
Free-cash
103 857
107 744
96 288
97 891

Estimated living cost  is ₽30416 per week

₽20792
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92413
₽88968
₽113836
₽89330
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
health
-
-
-
13 265
income
-
-
-
23 166
pensions
-
-
-
18 950
unemployment
-
-
-
2 842
total
-
-
-
58 223
Employee

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

The minimum wage is 138,000 HUF per month.

25 176
10 020
158 577
-
income
3 078
1 225
19 386
-
pensions
2 518
1 002
15 858
-
health
1 762
701
11 100
-
unemployment
378
150
2 379
-
total
7 736
3 078
48 723
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 176
10 020
158 577
-
pensions
4 909
1 954
30 923
-
total
4 909
1 954
30 923
-
Corporate
159 415
177 526
-
-
income
14 347
15 977
-
-
total
14 347
15 977
-
-
Dividends
145 067
161 549
-
-
social contributions
28 174
31 388
-
-
withholding
27 563
30 694
-
-
total
55 737
62 082
-
-
Income
189 500
189 500
189 500
189 500
Total tax
82 729
83 091
79 646
58 223
After tax
106 771
106 409
109 854
131 277
Living cost
17 441
17 441
17 441
17 441
Free-cash
89 330
88 968
92 413
113 836

Estimated living cost  is ₽17441 per week

₽11902
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86577
₽128951
₽78925
₽123124
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
health
-
-
-
24 634
income
-
-
-
25 392
pensions
-
-
-
37 899
total
-
-
-
87 925
Employee
26 602
-
141 630
-
income
2 995
-
27 305
-
pensions
532
-
2 833
-
unemployment
425
-
2 265
-
total
3 952
-
32 403
-
Employer
26 602
-
141 630
-
unemployment
214
-
1 134
-
health
3 458
-
18 411
-
pensions
5 321
-
28 325
-
total
8 993
-
47 870
-
Corporate
153 905
189 500
-
-
income
30 781
37 899
-
-
total
30 781
37 899
-
-
Dividends
123 124
151 601
-
-
total
-
-
-
-
Income
189 500
189 500
189 500
189 500
Total tax
43 726
37 899
80 273
87 925
After tax
145 774
151 601
109 227
101 575
Living cost
22 650
22 650
22 650
22 650
Free-cash
123 124
128 951
86 577
78 925

Estimated living cost  is ₽22650 per week

₽15536
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5310
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82983
-₽5416
₽108693
₽12166
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
other
-
-
-
350
health
-
-
-
2 059
accident
-
-
-
238
income
-
-
-
53 467
pensions
-
-
-
3 927
total
-
-
-
60 041
Employee
32 666
-
172 014
-
income
4 481
-
41 368
-
pensions
3 678
-
7 201
-
health
3 740
-
19 696
-
total
11 899
-
68 265
-
Employer
32 666
-
172 014
-
unemployment
800
-
4 214
-
accident
545
-
2 873
-
pensions
5 312
-
10 399
-
total
6 657
-
17 486
-
Corporate
150 177
189 500
-
-
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.

135 159
170 550
-
-
total
135 159
170 550
-
-
Dividends
15 018
18 950
-
-
withholding
2 853
3 600
-
-
total
2 853
3 600
-
-
Income
189 500
189 500
189 500
189 500
Total tax
156 568
174 150
85 751
60 041
After tax
32 932
15 350
103 749
129 459
Living cost
20 766
20 766
20 766
20 766
Free-cash
12 166
-5 416
82 983
108 693

Estimated living cost  is ₽20766 per week

₽15220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽3963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143772
₽172197
₽179777
₽170729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
189 500
microenterprise

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

-
-
-
1 895
total
-
-
-
1 895
Employee
9 784
-
189 500
-
income
1 957
-
37 900
-
total
1 957
-
37 900
-
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%.

179 716
189 500
-
-
total
-
-
-
-
Dividends
179 716
189 500
-
-
withholding
8 986
9 475
-
-
total
8 986
9 475
-
-
Income
189 500
189 500
189 500
189 500
Total tax
10 943
9 475
37 900
1 895
After tax
178 557
180 025
151 600
187 605
Living cost
7 828
7 828
7 828
7 828
Free-cash
170 729
172 197
143 772
179 777

Estimated living cost  is ₽7828 per week

₽4851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84037
₽114239
₽85652
₽107905
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
other
-
-
-
6 773
health
-
-
-
6 275
income
-
-
-
31 589
pensions

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

-
-
-
34 224
total
-
-
-
78 861
Employee
34 049
-
153 478
-
income
5 862
-
31 050
-
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.

2 383
-
9 982
-
health
477
-
1 997
-
unemployment
340
-
1 425
-
total
9 062
-
44 454
-
Employer
34 049
-
153 478
-
other
1 703
-
7 129
-
unemployment
340
-
1 425
-
health
477
-
1 997
-
accident
272
-
1 228
-
pensions

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

5 789
-
24 243
-
total
8 581
-
36 022
-
Corporate
146 870
189 500
-
-
income
30 843
39 794
-
-
total
30 843
39 794
-
-
Dividends
116 027
149 706
-
-
withholding
8 122
10 480
-
-
total
8 122
10 480
-
-
Income
189 500
189 500
189 500
189 500
Total tax
56 608
50 274
80 476
78 861
After tax
132 892
139 226
109 024
110 639
Living cost
24 987
24 987
24 987
24 987
Free-cash
107 905
114 239
84 037
85 652

Estimated living cost  is ₽24987 per week

₽17655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44673
₽59207
₽61680
₽66674
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
56 937
pensions
-
-
-
8 866
total
-
-
-
65 803
Employee
87 744
-
165 296
-
income
15 817
-
45 598
-
health
1 446
-
2 296
-
pensions
8 465
-
10 714
-
total
25 728
-
58 608
-
Employer
87 744
-
165 296
-
health
1 666
-
3 141
-
pensions
10 360
-
21 061
-
total
12 026
-
24 202
-
Corporate
89 729
189 500
-
-
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.

17 048
36 004
-
-
total
17 048
36 004
-
-
Dividends
72 681
153 496
-
-
withholding
6 007
32 272
-
-
total
6 007
32 272
-
-
Income
189 500
189 500
189 500
189 500
Total tax
60 809
68 276
82 810
65 803
After tax
128 691
121 224
106 690
123 697
Living cost
62 017
62 017
62 017
62 017
Free-cash
66 674
59 207
44 673
61 680

Estimated living cost  is ₽62017 per week

₽46470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7756
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽147881
₽149811
₽140177
₽145483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
health
-
-
-
3 741
income
-
-
-
28 425
pensions

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

-
-
-
4 815
unemployment
-
-
-
130
total
-
-
-
37 111
Employee
16 170
-
183 117
-
income
1 617
-
18 312
-
accident

We are using the highest rate at 1.1%.

178
-
358
-
pensions

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

1 420
-
2 857
-
health
744
-
1 497
-
total
3 959
-
23 024
-
Employer
16 170
-
183 117
-
unemployment
97
-
195
-
health
1 116
-
2 245
-
accident

We are using the highest rate at 1.1%.

178
-
358
-
pensions

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

1 782
-
3 585
-
total
3 173
-
6 383
-
Corporate
170 157
189 500
-
-
income
17 016
18 950
-
-
total
17 016
18 950
-
-
Dividends
153 141
170 550
-
-
withholding
7 657
8 527
-
-
total
7 657
8 527
-
-
Income
189 500
189 500
189 500
189 500
Total tax
31 805
27 477
29 407
37 111
After tax
157 695
162 023
160 093
152 389
Living cost
12 212
12 212
12 212
12 212
Free-cash
145 483
149 811
147 881
140 177

Estimated living cost  is ₽12212 per week

₽7129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3887
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69033
₽42183
₽50927
₽44542
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
health
-
-
-
11 564
income
-
-
-
64 022
pensions
-
-
-
10 987
total
-
-
-
86 573
Employee
86 941
80 080
172 073
-
income

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

13 108
13 108
28 489
-
pensions
10 987
10 987
10 987
-
health
10 846
10 455
11 564
-
total
34 941
34 550
51 040
-
Employer
86 941
80 080
172 073
-
unemployment
3 130
2 883
3 582
-
health
6 042
5 566
6 917
-
pensions
6 050
5 574
6 928
-
total
15 222
14 023
17 427
-
Corporate
87 337
95 397
-
-
income
17 468
19 079
-
-
total
17 468
19 079
-
-
Dividends
69 868
76 318
-
-
income
14 847
16 217
-
-
withholding
10 480
11 448
-
-
total
25 327
27 665
-
-
Income
189 500
189 500
189 500
189 500
Total tax
92 958
95 317
68 467
86 573
After tax
96 542
94 183
121 033
102 927
Living cost
52 000
52 000
52 000
52 000
Free-cash
44 542
42 183
69 033
50 927

Estimated living cost  is ₽52000 per week

₽38358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8401
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78760
₽107360
₽86777
₽99115
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
social contributions
-
-
-
33 256
health
-
-
-
25 583
income
-
-
-
19 599
solidarity contribution
-
-
-
1 174
total
-
-
-
79 612
Employee
33 987
-
147 732
-
social contributions
2 209
-
7 403
-
solidarity contribution
-
-
455
-
income
4 078
-
18 058
-
health
4 588
-
19 944
-
total
10 875
-
45 860
-
Employer
33 987
-
147 732
-
health
3 059
-
13 296
-
social contributions
8 497
-
28 473
-
total
11 556
-
41 769
-
Corporate
143 958
189 500
-
-
income
27 352
36 005
-
-
total
27 352
36 005
-
-
Dividends
116 606
153 495
-
-
withholding
17 491
23 024
-
-
total
17 491
23 024
-
-
Income
189 500
189 500
189 500
189 500
Total tax
67 274
59 029
87 629
79 612
After tax
122 226
130 471
101 871
109 888
Living cost
23 111
23 111
23 111
23 111
Free-cash
99 115
107 360
78 760
86 777

Estimated living cost  is ₽23111 per week

₽16053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42351
₽61537
₽50411
₽56639
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
social contributions
-
-
-
46 934
national
-
-
-
49 150
regional
-
-
-
2 294
municipal
-
-
-
1 141
total
-
-
-
99 519
Employee
83 341
-
189 500
-
social contributions
28 103
-
61 532
-
municipal
441
-
1 023
-
national
14 441
-
42 982
-
regional
786
-
2 042
-
total
43 771
-
107 579
-
Employer
83 341
-
189 500
-
total
-
-
-
-
Corporate
106 159
189 500
-
-
nationa
25 478
45 480
-
-
municipal
4 141
7 390
-
-
total
29 619
52 870
-
-
Dividends
76 540
136 629
-
-
withholding
19 901
35 523
-
-
total
19 901
35 523
-
-
Income
189 500
189 500
189 500
189 500
Total tax
93 291
88 393
107 579
99 519
After tax
96 209
101 107
81 921
89 981
Living cost
39 570
39 570
39 570
39 570
Free-cash
56 639
61 537
42 351
50 411

Estimated living cost  is ₽39570 per week

₽27583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
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.
₽8784
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62926
₽98502
₽68659
₽95584
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
other
-
-
-
-
health
-
-
-
8 885
income
-
-
-
56 748
pensions
-
-
-
25 031
surtax
-
-
-
9 270
unemployment
-
-
-
214
total
-
-
-
100 148
Employee
31 011
-
163 155
-
surtax
101
-
8 147
-
income
5 198
-
51 139
-
other
-
-
-
-
pensions
2 068
-
8 348
-
health
792
-
3 191
-
unemployment
2 159
-
8 711
-
total
10 318
-
79 536
-
Employer
31 011
-
163 155
-
other
-
-
-
-
unemployment
982
-
3 967
-
health
1 411
-
5 695
-
pensions
4 134
-
16 683
-
total
6 527
-
26 345
-
Corporate
151 962
189 500
-
-
income
39 510
49 271
-
-
total
39 510
49 271
-
-
Dividends
112 452
140 229
-
-
withholding
16 868
21 034
-
-
total
16 868
21 034
-
-
Income
189 500
189 500
189 500
189 500
Total tax
73 223
70 305
105 881
100 148
After tax
116 277
119 195
83 619
89 352
Living cost
20 693
20 693
20 693
20 693
Free-cash
95 584
98 502
62 926
68 659

Estimated living cost  is ₽20693 per week

₽12653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1909
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.
₽5654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64322
₽78856
₽81329
₽84982
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
56 937
pensions
-
-
-
8 866
total
-
-
-
65 803
Employee
58 804
-
165 296
-
income
10 591
-
45 598
-
health
854
-
2 296
-
pensions
4 991
-
10 714
-
total
16 436
-
58 608
-
Employer
58 804
-
165 296
-
health
1 117
-
3 141
-
pensions
6 366
-
21 061
-
total
7 483
-
24 202
-
Corporate
123 213
189 500
-
-
income

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

23 410
36 004
-
-
total
23 410
36 004
-
-
Dividends
99 804
153 496
-
-
withholding
14 821
32 272
-
-
total
14 821
32 272
-
-
Income
189 500
189 500
189 500
189 500
Total tax
62 150
68 276
82 810
65 803
After tax
127 350
121 224
106 690
123 697
Living cost
42 368
42 368
42 368
42 368
Free-cash
84 982
78 856
64 322
81 329

Estimated living cost  is ₽42368 per week

₽31742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7007
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽68605
₽11356
₽76807
₽43574
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
3 790
health
-
-
-
425
pensions
-
-
-
17 434
city
-
-
-
1 998
national
-
-
-
3 873
regional
-
-
-
9 876
total
-
-
-
37 396
Employee
88 117
-
169 805
-
national
417
-
2 925
-
city
946
-
1 828
-
pensions
7 403
-
14 048
-
health
199
-
383
-
regional
2 885
-
8 587
-
unemployment
-
-
-
-
total
11 850
-
27 771
-
Employer
88 117
-
169 805
-
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.

1 762
-
3 396
-
unemployment
-
-
-
-
health
199
-
383
-
pensions
7 403
-
14 048
-
total
9 364
-
17 827
-
Corporate
91 050
189 500
-
-
regional
19 258
40 080
-
-
national
7 739
16 108
-
-
total
26 997
56 188
-
-
Dividends
64 053
133 312
-
-
withholding
22 418
46 659
-
-
total
22 418
46 659
-
-
Income
189 500
189 500
189 500
189 500
Total tax
70 629
102 847
45 598
37 396
After tax
118 871
86 653
143 902
152 104
Living cost
75 297
75 297
75 297
75 297
Free-cash
43 574
11 356
68 605
76 807

Estimated living cost  is ₽75297 per week

₽48965
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽924
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽75491
₽50629
₽50469
₽65837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
189 500
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.

-
-
-
6 406
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.

-
-
-
61 274
surtax

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

-
-
-
3 370
trade
-
-
-
25 022
total
-
-
-
96 072
Employee

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

56 357
-
189 500
-
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.

365
-
3 370
-
income

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

6 627
-
61 274
-
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.

6 406
-
6 406
-
total
13 398
-
71 050
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
133 143
189 500
-
-
chamber of commerce
329
409
-
-
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.

1 098
1 564
-
-
trade
22 833
32 500
-
-
income
19 972
28 425
-
-
total
44 232
62 898
-
-
Dividends
88 910
126 602
-
-
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.

1 203
1 721
-
-
withholding
21 871
31 293
-
-
total
23 074
33 014
-
-
Income
189 500
189 500
189 500
189 500
Total tax
80 704
95 912
71 050
96 072
After tax
108 796
93 588
118 450
93 428
Living cost
42 959
42 959
42 959
42 959
Free-cash
65 837
50 629
75 491
50 469

Estimated living cost  is ₽42959 per week

₽31375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69284
₽63425
₽73474
₽68963
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
other
-
-
-
5 874
social contributions
-
-
-
5 399
health
-
-
-
8 771
income
-
-
-
32 426
pensions
-
-
-
31 472
surtax
-
-
-
-
total
-
-
-
83 942
Employee
40 134
-
145 483
-
surtax
-
-
-
-
social contributions
1 144
-
4 146
-
income
2 369
-
29 364
-
pensions
4 538
-
10 604
-
total
8 051
-
44 114
-
Employer
40 134
-
145 483
-
other
1 384
-
5 884
-
unemployment
1 625
-
5 892
-
health
2 810
-
14 040
-
pensions
6 593
-
17 766
-
social contributions
121
-
436
-
total
12 533
-
44 018
-
Corporate
136 832
189 500
-
-
surtax
-
-
-
-
income
38 314
53 059
-
-
total
38 314
53 059
-
-
Dividends
98 519
136 441
-
-
social contributions
16 945
23 467
-
-
surtax
-
-
-
-
withholding
12 610
17 465
-
-
total
29 555
40 932
-
-
Income
189 500
189 500
189 500
189 500
Total tax
88 453
93 991
88 132
83 942
After tax
101 047
95 509
101 368
105 558
Living cost
32 084
32 084
32 084
32 084
Free-cash
68 963
63 425
69 284
73 474

Estimated living cost  is ₽32084 per week

₽20230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72463
₽66604
₽76653
₽71814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
other
-
-
-
5 874
social contributions
-
-
-
5 399
health
-
-
-
8 771
income
-
-
-
32 426
pensions
-
-
-
31 472
surtax
-
-
-
-
total
-
-
-
83 942
Employee
35 825
-
145 483
-
surtax
-
-
-
-
social contributions
1 021
-
4 146
-
income
1 847
-
29 364
-
pensions
4 052
-
10 604
-
total
6 920
-
44 114
-
Employer
35 825
-
145 483
-
other
1 237
-
5 884
-
unemployment
1 450
-
5 892
-
health
2 507
-
14 040
-
pensions
5 887
-
17 766
-
social contributions
107
-
436
-
total
11 188
-
44 018
-
Corporate
142 486
189 500
-
-
surtax
-
-
-
-
income
39 896
53 059
-
-
total
39 896
53 059
-
-
Dividends
102 591
136 441
-
-
social contributions
17 646
23 467
-
-
surtax
-
-
-
-
withholding
13 131
17 465
-
-
total
30 777
40 932
-
-
Income
189 500
189 500
189 500
189 500
Total tax
88 781
93 991
88 132
83 942
After tax
100 719
95 509
101 368
105 558
Living cost
28 905
28 905
28 905
28 905
Free-cash
71 814
66 604
72 463
76 653

Estimated living cost  is ₽28905 per week

₽16763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97189
₽95729
₽101812
₽96216
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
social contributions
-
-
-
26 151
health
-
-
-
13 227
income
-
-
-
28 425
total
-
-
-
67 803
Employee
31 795
-
189 500
-
social contributions
4 388
-
26 151
-
income
5 303
-
33 048
-
health
2 219
-
13 227
-
total
11 910
-
72 426
-
Employer
31 795
-
189 500
-
total
-
-
-
-
Corporate
157 705
189 500
-
-
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%.

7 885
9 474
-
-
total
7 885
9 474
-
-
Dividends
149 820
180 026
-
-
social contributions
20 675
24 844
-
-
withholding
22 472
27 003
-
-
health
10 457
12 565
-
-
total
53 604
64 412
-
-
Income
189 500
189 500
189 500
189 500
Total tax
73 399
73 886
72 426
67 803
After tax
116 101
115 614
117 074
121 697
Living cost
19 885
19 885
19 885
19 885
Free-cash
96 216
95 729
97 189
101 812

Estimated living cost  is ₽19885 per week

₽13308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16863
₽71574
₽64285
₽70124
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
health
-
-
-
8 380
income
-
-
-
56 830
chamber of commerce
-
-
-
758
pensions
-
-
-
20 267
surtax
-
-
-
185
unemployment
-
-
-
5 752
total
-
-
-
92 172
Employee
46 864
37 371
154 505
-
income
5 335
2 757
47 021
-
other
468
374
1 096
-
pensions
4 799
3 826
11 218
-
health
1 813
1 447
4 239
-
unemployment
1 406
1 121
3 287
-
total
13 821
9 525
66 861
-
Employer
46 864
37 371
154 505
-
other
2 226
1 774
6 956
-
unemployment
1 406
1 121
3 287
-
health
1 771
1 413
4 141
-
surtax
185
185
185
-
accident
609
486
1 424
-
pensions
5 881
4 691
13 749
-
payroll
1 406
1 121
4 636
-
chamber of commerce
187
149
618
-
total
13 671
10 940
34 996
-
Corporate
128 965
141 189
150 946
-
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.

32 242
35 297
37 737
-
total
32 242
35 297
37 737
-
Dividends
96 723
105 891
-
-
withholding
26 599
29 121
-
-
total
26 599
29 121
-
-
Income
189 500
189 500
189 500
189 500
Total tax
86 333
84 883
139 594
92 172
After tax
103 167
104 617
49 906
97 328
Living cost
33 043
33 043
33 043
33 043
Free-cash
70 124
71 574
16 863
64 285

Estimated living cost  is ₽33043 per week

₽22038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2819
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31171
₽70999
₽48120
₽57674
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
social contributions
-
-
-
23 380
communal

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

-
-
-
9 967
national
-
-
-
73 841
total
-
-
-
107 188
Employee

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

67 078
-
146 773
-
national
20 622
-
54 575
-
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.

5 031
-
11 008
-
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.

3 152
-
6 898
-
communal

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

3 499
-
7 656
-
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.

584
-
1 278
-
total
32 888
-
81 415
-
Employer

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

67 078
-
146 773
-
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.

979
-
2 143
-
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.

4 125
-
9 026
-
surtax
7 606
-
16 642
-
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.

872
-
1 908
-
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.

5 944
-
13 003
-
total
19 526
-
42 722
-
Corporate
102 897
189 500
-
-
surtax
411
779
-
-
income
20 579
38 938
-
-
total
20 990
39 717
-
-
Dividends
81 907
149 782
-
-
withholding

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

24 230
44 592
-
-
total
24 230
44 592
-
-
Income
189 500
189 500
189 500
189 500
Total tax
97 634
84 309
124 137
107 188
After tax
91 866
105 191
65 363
82 312
Living cost
34 192
34 192
34 192
34 192
Free-cash
57 674
70 999
31 171
48 120

Estimated living cost  is ₽34192 per week

₽22024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68274
₽92155
₽72209
₽85731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
other
-
-
-
87
accident
-
-
-
783
income
-
-
-
57 349
pensions
-
-
-
24 597
unemployment
-
-
-
609
total
-
-
-
83 425
Employee
46 679
-
161 791
-
income
9 849
-
54 130
-
other
46
-
87
-
pensions
2 194
-
4 086
-
unemployment
724
-
1 347
-
total
12 813
-
59 650
-
Employer
46 679
-
161 791
-
other
372
-
696
-
unemployment
2 568
-
4 780
-
accident
924
-
1 721
-
pensions
11 015
-
20 513
-
total
14 879
-
27 710
-
Corporate
127 942
189 500
-
-
income

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

19 191
28 425
-
-
total
19 191
28 425
-
-
Dividends
108 752
161 075
-
-
withholding
23 020
35 054
-
-
total
23 020
35 054
-
-
Income
189 500
189 500
189 500
189 500
Total tax
69 903
63 479
87 360
83 425
After tax
119 597
126 021
102 140
106 075
Living cost
33 866
33 866
33 866
33 866
Free-cash
85 731
92 155
68 274
72 209

Estimated living cost  is ₽33866 per week

₽24939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47563
₽58019
₽40006
₽45340
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
health
-
-
-
13 315
accident
-
-
-
1 598
income
-
-
-
33 847
pensions
-
-
-
28 403
communal
-
-
-
11 976
surtax
-
-
-
9 394
total
-
-
-
98 533
Employee
71 015
-
169 272
-
surtax
4 353
-
10 373
-
income
6 859
-
39 301
-
pensions
5 680
-
13 542
-
health
3 160
-
7 533
-
total
20 052
-
70 749
-
Employer
71 015
-
169 272
-
health
2 166
-
5 162
-
accident
639
-
1 523
-
pensions
5 680
-
13 542
-
total
8 485
-
20 227
-
Corporate
110 000
189 500
-
-
surtax
1 155
1 990
-
-
income
16 500
28 425
-
-
communal
7 424
12 791
-
-
total
25 079
43 206
-
-
Dividends
84 921
146 294
-
-
income
26 845
15 370
-
-
withholding
12 738
21 944
-
-
total
39 583
37 314
-
-
Income
189 500
189 500
189 500
189 500
Total tax
93 199
80 520
90 976
98 533
After tax
96 301
108 980
98 524
90 967
Living cost
50 961
50 961
50 961
50 961
Free-cash
45 340
58 019
47 563
40 006

Estimated living cost  is ₽50961 per week

₽38228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62556
₽98132
₽68289
₽95150
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
other
-
-
-
-
health
-
-
-
8 885
income
-
-
-
56 748
pensions
-
-
-
25 031
surtax
-
-
-
9 270
unemployment
-
-
-
214
total
-
-
-
100 148
Employee
31 580
-
163 155
-
surtax
112
-
8 147
-
income
5 294
-
51 139
-
other
-
-
-
-
pensions
2 107
-
8 348
-
health
806
-
3 191
-
unemployment
2 198
-
8 711
-
total
10 517
-
79 536
-
Employer
31 580
-
163 155
-
other
-
-
-
-
unemployment
1 002
-
3 967
-
health
1 436
-
5 695
-
pensions
4 210
-
16 683
-
total
6 648
-
26 345
-
Corporate
151 272
189 500
-
-
income
39 330
49 271
-
-
total
39 330
49 271
-
-
Dividends
111 942
140 229
-
-
withholding
16 792
21 034
-
-
total
16 792
21 034
-
-
Income
189 500
189 500
189 500
189 500
Total tax
73 287
70 305
105 881
100 148
After tax
116 213
119 195
83 619
89 352
Living cost
21 063
21 063
21 063
21 063
Free-cash
95 150
98 132
62 556
68 289

Estimated living cost  is ₽21063 per week

₽12717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56105
₽74345
₽64120
₽72262
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
social contributions
-
-
-
46 934
national
-
-
-
49 150
regional
-
-
-
2 894
municipal
-
-
-
1 141
total
-
-
-
100 119
Employee
52 018
-
189 500
-
social contributions
17 541
-
61 532
-
municipal
276
-
1 023
-
national
8 241
-
42 982
-
regional
700
-
2 597
-
total
26 758
-
108 134
-
Employer
52 018
-
189 500
-
total
-
-
-
-
Corporate
137 482
189 500
-
-
nationa
32 995
45 480
-
-
municipal
6 833
9 417
-
-
total
39 828
54 897
-
-
Dividends
97 653
134 602
-
-
withholding
25 391
34 997
-
-
total
25 391
34 997
-
-
Income
189 500
189 500
189 500
189 500
Total tax
91 977
89 894
108 134
100 119
After tax
97 523
99 606
81 366
89 381
Living cost
25 261
25 261
25 261
25 261
Free-cash
72 262
74 345
56 105
64 120

Estimated living cost  is ₽25261 per week

₽15710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2559
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73392
₽101992
₽81409
₽91832
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
social contributions
-
-
-
33 256
health
-
-
-
25 583
income
-
-
-
19 599
solidarity contribution
-
-
-
1 174
total
-
-
-
79 612
Employee
41 881
-
147 732
-
social contributions
2 722
-
7 403
-
solidarity contribution
-
-
455
-
income
5 026
-
18 058
-
health
5 654
-
19 944
-
total
13 402
-
45 860
-
Employer
41 881
-
147 732
-
health
3 769
-
13 296
-
social contributions
10 470
-
28 473
-
total
14 239
-
41 769
-
Corporate
133 380
189 500
-
-
income
25 342
36 005
-
-
total
25 342
36 005
-
-
Dividends
108 038
153 495
-
-
withholding
16 206
23 024
-
-
total
16 206
23 024
-
-
Income
189 500
189 500
189 500
189 500
Total tax
69 189
59 029
87 629
79 612
After tax
120 311
130 471
101 871
109 888
Living cost
28 479
28 479
28 479
28 479
Free-cash
91 832
101 992
73 392
81 409

Estimated living cost  is ₽28479 per week

₽21179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20035
₽74800
₽67595
₽74334
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
health
-
-
-
8 380
income
-
-
-
56 830
chamber of commerce
-
-
-
758
pensions
-
-
-
20 267
surtax
-
-
-
-
unemployment
-
-
-
5 752
total
-
-
-
91 987
Employee
40 992
37 371
154 676
-
income
3 652
2 757
47 103
-
other
409
374
1 096
-
pensions
4 198
3 826
11 218
-
health
1 586
1 447
4 239
-
unemployment
1 230
1 121
3 287
-
total
11 075
9 525
66 943
-
Employer
40 992
37 371
154 676
-
other
1 947
1 774
6 963
-
unemployment
1 230
1 121
3 287
-
health
1 550
1 413
4 141
-
surtax
-
-
-
-
accident
532
486
1 424
-
pensions
5 145
4 691
13 749
-
payroll
1 230
1 121
4 641
-
chamber of commerce
164
149
619
-
total
11 798
10 755
34 824
-
Corporate
136 712
141 374
151 117
-
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.

34 178
35 344
37 780
-
total
34 178
35 344
37 780
-
Dividends
102 533
106 030
-
-
withholding
28 197
29 158
-
-
total
28 197
29 158
-
-
Income
189 500
189 500
189 500
189 500
Total tax
85 248
84 782
139 547
91 987
After tax
104 252
104 718
49 953
97 513
Living cost
29 918
29 918
29 918
29 918
Free-cash
74 334
74 800
20 035
67 595

Estimated living cost  is ₽29918 per week

₽17947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139402
₽167827
₽175407
₽165540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
189 500
microenterprise

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

-
-
-
1 895
total
-
-
-
1 895
Employee
15 248
-
189 500
-
income
3 050
-
37 900
-
total
3 050
-
37 900
-
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%.

174 252
189 500
-
-
total
-
-
-
-
Dividends
174 252
189 500
-
-
withholding
8 712
9 475
-
-
total
8 712
9 475
-
-
Income
189 500
189 500
189 500
189 500
Total tax
11 762
9 475
37 900
1 895
After tax
177 738
180 025
151 600
187 605
Living cost
12 198
12 198
12 198
12 198
Free-cash
165 540
167 827
139 402
175 407

Estimated living cost  is ₽12198 per week

₽8255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60979
₽105317
₽65089
₽97474
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
189 500
health
-
-
-
18 648
income
-
-
-
45 718
pensions
-
-
-
34 607
unemployment
-
-
-
285
total
-
-
-
99 258
Employee

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

41 468
-
163 969
-
income
7 151
-
41 603
-
pensions
6 428
-
25 416
-
health
2 678
-
10 592
-
unemployment
59
-
230
-
total
16 316
-
77 841
-
Employer

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

41 468
-
163 969
-
unemployment
25
-
98
-
health
2 762
-
10 919
-
pensions
3 669
-
14 510
-
total
6 456
-
25 527
-
Corporate
141 576
189 500
-
-
income
26 900
36 006
-
-
total
26 900
36 006
-
-
Dividends
114 677
153 494
-
-
withholding
17 201
23 024
-
-
total
17 201
23 024
-
-
Income
189 500
189 500
189 500
189 500
Total tax
66 873
59 030
103 368
99 258
After tax
122 627
130 470
86 132
90 242
Living cost
25 153
25 153
25 153
25 153
Free-cash
97 474
105 317
60 979
65 089

Estimated living cost  is ₽25153 per week

₽17262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134340
₽73020
₽88688
₽26420
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
social contributions
-
-
-
21 603
income
-
-
-
36 937
total
-
-
-
58 540
Employee
60 612
-
-
-
social contributions
4 970
-
708
-
income
13 370
-
-
-
total
18 340
-
708
-
Employer
60 612
-
-
-
social contributions
85 463
-
12 180
-
total
85 463
-
12 180
-
Corporate
43 425
189 500
-
-
income
9 553
41 690
-
-
total
9 553
41 690
-
-
Dividends
33 871
147 810
-
-
income
7 452
32 518
-
-
total
7 452
32 518
-
-
Income
189 500
189 500
189 500
189 500
Total tax
120 808
74 208
12 888
58 540
After tax
68 692
115 292
176 612
130 960
Living cost
42 272
42 272
42 272
42 272
Free-cash
26 420
73 020
134 340
88 688

Estimated living cost  is ₽42272 per week

₽27428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10330
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56143
₽78375
₽70513
₽77429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
189 500
social contributions

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

-
-
-
65 851
income
-
-
-
23 722
surtax
-
-
-
-
total
-
-
-
89 573
Employee
43 129
-
153 131
-
surtax
-
-
-
-
social contributions
4 744
-
16 845
-
income
8 971
-
50 729
-
total
13 715
-
67 574
-
Employer
43 129
-
153 131
-
social contributions
10 243
-
36 369
-
total
10 243
-
36 369
-
Corporate
136 128
189 500
-
-
surtax
-
-
-
-
income
28 587
39 794
-
-
total
28 587
39 794
-
-
Dividends
107 541
149 706
-
-
withholding
30 112
41 917
-
-
total
30 112
41 917
-
-
Income
189 500
189 500
189 500
189 500
Total tax
82 657
81 711
103 943
89 573
After tax
106 843
107 789
85 557
99 927
Living cost
29 414
29 414
29 414
29 414
Free-cash
77 429
78 375
56 143
70 513

Estimated living cost  is ₽29414 per week

₽22008
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.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56076
₽50217
₽60266
₽56662
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
other
-
-
-
5 874
social contributions
-
-
-
5 399
health
-
-
-
8 771
income
-
-
-
32 426
pensions
-
-
-
31 472
surtax
-
-
-
-
total
-
-
-
83 942
Employee
58 733
-
145 483
-
surtax
-
-
-
-
social contributions
1 673
-
4 146
-
income
5 125
-
29 364
-
pensions
6 643
-
10 604
-
total
13 441
-
44 114
-
Employer
58 733
-
145 483
-
other
2 027
-
5 884
-
unemployment
2 379
-
5 892
-
health
4 111
-
14 040
-
pensions
9 651
-
17 766
-
social contributions
176
-
436
-
total
18 344
-
44 018
-
Corporate
112 423
189 500
-
-
surtax
-
-
-
-
income
31 479
53 059
-
-
total
31 479
53 059
-
-
Dividends
80 945
136 441
-
-
social contributions
13 921
23 467
-
-
surtax
-
-
-
-
withholding
10 361
17 465
-
-
total
24 282
40 932
-
-
Income
189 500
189 500
189 500
189 500
Total tax
87 546
93 991
88 132
83 942
After tax
101 954
95 509
101 368
105 558
Living cost
45 292
45 292
45 292
45 292
Free-cash
56 662
50 217
56 076
60 266

Estimated living cost  is ₽45292 per week

₽30653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3705
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115570
₽142362
₽110536
₽139212
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
9 086
social contributions
-
-
-
41 690
total
-
-
-
50 776
Employee
30 148
-
164 068
-
income
-
-
9 645
-
social contributions
1 959
-
10 665
-
total
1 959
-
20 310
-
Employer
30 148
-
164 068
-
social contributions
4 673
-
25 432
-
total
4 673
-
25 432
-
Corporate
154 679
189 500
-
-
income
15 468
18 950
-
-
total
15 468
18 950
-
-
Dividends
139 211
170 550
-
-
total
-
-
-
-
Income
189 500
189 500
189 500
189 500
Total tax
22 100
18 950
45 742
50 776
After tax
167 400
170 550
143 758
138 724
Living cost
28 188
28 188
28 188
28 188
Free-cash
139 212
142 362
115 570
110 536

Estimated living cost  is ₽28188 per week

₽18226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14459
-₽14459
₽65257
-₽14459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
labour market
-
-
-
15 095
pensions
-
-
-
811
national
-
-
-
23 048
municipal
-
-
-
40 205
total
-
-
-
79 159
Employee
190 287
190 287
190 287
-
labour market
15 201
15 201
15 201
-
municipal
40 521
40 521
40 521
-
national
23 247
23 247
23 247
-
pensions
270
270
270
-
total
79 239
79 239
79 239
-
Employer
190 287
190 287
190 287
-
national
23 287
23 287
23 287
-
labour market
15 223
15 223
15 223
-
pensions
541
541
541
-
municipal
40 585
40 585
40 585
-
total
79 636
79 636
79 636
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
189 500
189 500
189 500
189 500
Total tax
158 875
158 875
158 875
79 159
After tax
30 625
30 625
30 625
110 341
Living cost
45 084
45 084
45 084
45 084
Free-cash
-14 459
-14 459
-14 459
65 257

Estimated living cost  is ₽45084 per week

₽30856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3988
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽693
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83290
-₽5109
₽109000
₽12213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
other
-
-
-
350
health
-
-
-
2 059
accident
-
-
-
238
income
-
-
-
53 467
pensions
-
-
-
3 927
total
-
-
-
60 041
Employee
32 184
-
172 014
-
income
4 415
-
41 368
-
pensions
3 624
-
7 201
-
health
3 685
-
19 696
-
total
11 724
-
68 265
-
Employer
32 184
-
172 014
-
unemployment
789
-
4 214
-
accident
537
-
2 873
-
pensions
5 233
-
10 399
-
total
6 559
-
17 486
-
Corporate
150 757
189 500
-
-
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.

135 681
170 550
-
-
total
135 681
170 550
-
-
Dividends
15 076
18 950
-
-
withholding
2 864
3 600
-
-
total
2 864
3 600
-
-
Income
189 500
189 500
189 500
189 500
Total tax
156 828
174 150
85 751
60 041
After tax
32 672
15 350
103 749
129 459
Living cost
20 459
20 459
20 459
20 459
Free-cash
12 213
-5 109
83 290
109 000

Estimated living cost  is ₽20459 per week

₽14892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60980
₽81231
₽82690
₽84127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
189 500
health
-
-
-
2 527
national
-
-
-
34 625
municipal
-
-
-
33 655
total
-
-
-
70 807
Employee
49 337
-
159 417
-
municipal
8 081
-
25 957
-
national
815
-
21 259
-
pensions
3 330
-
10 761
-
health
368
-
2 064
-
unemployment
740
-
2 392
-
total
13 334
-
62 433
-
Employer
49 337
-
159 417
-
unemployment
320
-
1 036
-
health
379
-
1 228
-
accident
50
-
160
-
pensions
8 560
-
27 660
-
total
9 309
-
30 084
-
Corporate
130 854
189 500
-
-
income
26 170
37 899
-
-
total
26 170
37 899
-
-
Dividends

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

78 513
113 701
-
-
national
6 424
13 900
-
-
municipal
14 133
20 467
-
-
total
20 557
34 367
-
-
Income
189 500
189 500
189 500
189 500
Total tax
69 370
72 266
92 517
70 807
After tax
120 130
117 234
96 983
118 693
Living cost
36 003
36 003
36 003
36 003
Free-cash
84 127
81 231
60 980
82 690

Estimated living cost  is ₽36003 per week

₽23517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104993
₽116449
₽106596
₽111349
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
social contributions
-
-
-
15 172
health
-
-
-
4 831
income
-
-
-
41 190
total
-
-
-
61 193
Employee
72 108
72 108
178 132
-
social contributions
2 726
5 985
8 072
-
income
7 851
6 675
40 327
-
health
559
1 226
3 029
-
total
11 136
13 886
51 428
-
Employer
72 108
72 108
178 132
-
health
607
1 335
3 296
-
social contributions
2 726
5 985
8 072
-
total
3 333
7 320
11 368
-
Corporate
153 319
110 072
-
-
income
19 164
13 760
-
-
total
19 164
13 760
-
-
Dividends
134 155
96 313
-
-
withholding
22 807
16 374
-
-
total
22 807
16 374
-
-
Income
189 500
189 500
189 500
189 500
Total tax
56 440
51 340
62 796
61 193
After tax
133 060
138 160
126 704
128 307
Living cost
21 711
21 711
21 711
21 711
Free-cash
111 349
116 449
104 993
106 596

Estimated living cost  is ₽21711 per week

₽13012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2130
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126934
₽142036
₽145744
₽137266
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
189 500
health
-
-
-
3 394
income
-
-
-
19 481
pensions
-
-
-
5 965
unemployment
-
-
-
27
total
-
-
-
28 867
Employee

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

21 525
-
180 335
-
income
1 472
-
17 157
-
pensions
3 228
-
13 347
-
health
1 829
-
7 563
-
unemployment
107
-
445
-
total
6 636
-
38 512
-
Employer

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

21 525
-
180 335
-
unemployment
107
-
445
-
health
925
-
3 826
-
pensions
1 183
-
4 894
-
total
2 215
-
9 165
-
Corporate
165 760
189 500
-
-
income
14 918
17 055
-
-
total
14 918
17 055
-
-
Dividends
150 842
172 445
-
-
withholding
13 576
15 520
-
-
total
13 576
15 520
-
-
Income
189 500
189 500
189 500
189 500
Total tax
37 345
32 575
47 677
28 867
After tax
152 155
156 925
141 823
160 633
Living cost
14 889
14 889
14 889
14 889
Free-cash
137 266
142 036
126 934
145 744

Estimated living cost  is ₽14889 per week

₽9499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76353
₽100234
₽80288
₽96093
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
other
-
-
-
87
accident
-
-
-
783
income
-
-
-
57 349
pensions
-
-
-
24 597
unemployment
-
-
-
609
total
-
-
-
83 425
Employee
34 674
-
161 791
-
income
6 685
-
54 130
-
other
34
-
87
-
pensions
1 630
-
4 086
-
unemployment
537
-
1 347
-
total
8 886
-
59 650
-
Employer
34 674
-
161 791
-
other
278
-
696
-
unemployment
1 908
-
4 780
-
accident
687
-
1 721
-
pensions
8 182
-
20 513
-
total
11 055
-
27 710
-
Corporate
143 771
189 500
-
-
income

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

21 566
28 425
-
-
total
21 566
28 425
-
-
Dividends
122 205
161 075
-
-
withholding
26 113
35 054
-
-
total
26 113
35 054
-
-
Income
189 500
189 500
189 500
189 500
Total tax
67 620
63 479
87 360
83 425
After tax
121 880
126 021
102 140
106 075
Living cost
25 787
25 787
25 787
25 787
Free-cash
96 093
100 234
76 353
80 288

Estimated living cost  is ₽25787 per week

₽17406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120294
₽116510
₽120416
₽116226
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
health
-
-
-
919
income
-
-
-
65 159
pensions
-
-
-
1 268
total
-
-
-
67 346
Employee
2 647
-
188 074
-
income
512
-
65 092
-
pensions
238
-
570
-
health
132
-
317
-
unemployment
26
-
63
-
total
908
-
66 042
-
Employer
2 647
-
188 074
-
unemployment
53
-
127
-
health
251
-
602
-
pensions
291
-
697
-
total
595
-
1 426
-
Corporate
186 258
189 500
-
-
income
40 977
41 690
-
-
total
40 977
41 690
-
-
Dividends
145 281
147 810
-
-
withholding
29 056
29 562
-
-
total
29 056
29 562
-
-
Income
189 500
189 500
189 500
189 500
Total tax
71 536
71 252
67 468
67 346
After tax
117 964
118 248
122 032
122 154
Living cost
1 738
1 738
1 738
1 738
Free-cash
116 226
116 510
120 294
120 416

Estimated living cost  is ₽1738 per week

₽1033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103697
₽120726
₽103698
₽116121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
189 500
health
-
-
-
7 125
income
-
-
-
43 465
pensions
-
-
-
17 986
unemployment
-
-
-
1 038
total
-
-
-
69 614
Employee

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

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

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

24 410
-
177 118
-
income
3 365
-
43 465
-
pensions
3 417
-
9 685
-
health
1 257
-
3 563
-
unemployment
183
-
519
-
total
8 222
-
57 232
-
Employer

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

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

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

24 410
-
177 118
-
unemployment
183
-
519
-
health
1 257
-
3 563
-
pensions
2 929
-
8 301
-
total
4 369
-
12 383
-
Corporate
160 721
189 500
-
-
income
24 108
28 425
-
-
total
24 108
28 425
-
-
Dividends
136 613
161 075
-
-
withholding
20 492
24 161
-
-
total
20 492
24 161
-
-
Income
189 500
189 500
189 500
189 500
Total tax
57 191
52 586
69 615
69 614
After tax
132 309
136 914
119 885
119 886
Living cost
16 188
16 188
16 188
16 188
Free-cash
116 121
120 726
103 697
103 698

Estimated living cost  is ₽16188 per week

₽10899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60276
₽82508
₽74646
₽82169
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
189 500
social contributions

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

-
-
-
65 851
income
-
-
-
23 722
surtax
-
-
-
-
total
-
-
-
89 573
Employee
36 396
-
153 131
-
surtax
-
-
-
-
social contributions
4 004
-
16 845
-
income
7 112
-
50 729
-
total
11 116
-
67 574
-
Employer
36 396
-
153 131
-
social contributions
8 643
-
36 369
-
total
8 643
-
36 369
-
Corporate
144 461
189 500
-
-
surtax
-
-
-
-
income
30 336
39 794
-
-
total
30 336
39 794
-
-
Dividends
114 124
149 706
-
-
withholding
31 955
41 917
-
-
total
31 955
41 917
-
-
Income
189 500
189 500
189 500
189 500
Total tax
82 050
81 711
103 943
89 573
After tax
107 450
107 789
85 557
99 927
Living cost
25 281
25 281
25 281
25 281
Free-cash
82 169
82 508
60 276
74 646

Estimated living cost  is ₽25281 per week

₽17906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69183
₽93064
₽73118
₽86929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
other
-
-
-
87
accident
-
-
-
783
income
-
-
-
57 349
pensions
-
-
-
24 597
unemployment
-
-
-
609
total
-
-
-
83 425
Employee
45 289
-
161 791
-
income
9 459
-
54 130
-
other
44
-
87
-
pensions
2 128
-
4 086
-
unemployment
701
-
1 347
-
total
12 332
-
59 650
-
Employer
45 289
-
161 791
-
other
363
-
696
-
unemployment
2 491
-
4 780
-
accident
897
-
1 721
-
pensions
10 688
-
20 513
-
total
14 439
-
27 710
-
Corporate
129 772
189 500
-
-
income

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

19 467
28 425
-
-
total
19 467
28 425
-
-
Dividends
110 305
161 075
-
-
withholding
23 376
35 054
-
-
total
23 376
35 054
-
-
Income
189 500
189 500
189 500
189 500
Total tax
69 614
63 479
87 360
83 425
After tax
119 886
126 021
102 140
106 075
Living cost
32 957
32 957
32 957
32 957
Free-cash
86 929
93 064
69 183
73 118

Estimated living cost  is ₽32957 per week

₽23668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144071
₽146001
₽136367
₽140325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
health
-
-
-
3 741
income
-
-
-
28 425
pensions

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

-
-
-
4 815
unemployment
-
-
-
130
total
-
-
-
37 111
Employee
21 216
-
183 117
-
income
2 122
-
18 312
-
accident

We are using the highest rate at 1.1%.

233
-
358
-
pensions

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

1 863
-
2 857
-
health
976
-
1 497
-
total
5 194
-
23 024
-
Employer
21 216
-
183 117
-
unemployment
127
-
195
-
health
1 464
-
2 245
-
accident

We are using the highest rate at 1.1%.

233
-
358
-
pensions

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

2 338
-
3 585
-
total
4 162
-
6 383
-
Corporate
164 122
189 500
-
-
income
16 412
18 950
-
-
total
16 412
18 950
-
-
Dividends
147 709
170 550
-
-
withholding
7 385
8 527
-
-
total
7 385
8 527
-
-
Income
189 500
189 500
189 500
189 500
Total tax
33 153
27 477
29 407
37 111
After tax
156 347
162 023
160 093
152 389
Living cost
16 022
16 022
16 022
16 022
Free-cash
140 325
146 001
144 071
136 367

Estimated living cost  is ₽16022 per week

₽10597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82246
₽61283
₽61310
₽73551
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
189 500
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.

-
-
-
6 406
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.

-
-
-
61 274
surtax

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

-
-
-
3 370
trade
-
-
-
20 936
total
-
-
-
91 986
Employee

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

46 659
-
189 500
-
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.

212
-
3 370
-
income

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

3 837
-
61 274
-
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.

6 406
-
6 406
-
total
10 455
-
71 050
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
142 841
189 500
-
-
chamber of commerce
352
420
-
-
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.

1 178
1 564
-
-
trade
20 497
27 193
-
-
income
21 426
28 425
-
-
total
43 453
57 602
-
-
Dividends
99 388
131 898
-
-
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.

1 347
1 794
-
-
withholding
24 490
32 617
-
-
total
25 837
34 411
-
-
Income
189 500
189 500
189 500
189 500
Total tax
79 745
92 013
71 050
91 986
After tax
109 755
97 487
118 450
97 514
Living cost
36 204
36 204
36 204
36 204
Free-cash
73 551
61 283
82 246
61 310

Estimated living cost  is ₽36204 per week

₽24974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3895
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.
₽6809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43604
₽79232
₽43604
₽81303
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
60 300
social contributions
-
-
-
32 178
total
-
-
-
92 478
Employee
73 353
-
189 500
-
income
13 841
-
60 300
-
social contributions
6 094
-
32 178
-
total
19 935
-
92 478
-
Employer
73 353
-
189 500
-
total
-
-
-
-
Corporate
116 147
189 500
-
-
income
14 518
23 688
-
-
total
14 518
23 688
-
-
Dividends
101 629
165 812
-
-
withholding
20 326
33 162
-
-
total
20 326
33 162
-
-
Income
189 500
189 500
189 500
189 500
Total tax
54 779
56 850
92 478
92 478
After tax
134 721
132 650
97 022
97 022
Living cost
53 418
53 418
53 418
53 418
Free-cash
81 303
79 232
43 604
43 604

Estimated living cost  is ₽53418 per week

₽40640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99212
₽84179
₽121222
₽87457
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
189 500
income
-
-
-
28 425
health

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

-
-
-
5 812
total
-
-
-
34 237
Employee
43 018
-
185 186
-
income
4 668
-
47 619
-
social contributions
4 310
-
4 314
-
total
8 978
-
51 933
-
Employer
43 018
-
185 186
-
social contributions
4 310
-
4 314
-
total
4 310
-
4 314
-
Corporate
142 172
189 500
-
-
income
49 760
66 326
-
-
total
49 760
66 326
-
-
Dividends
92 412
123 174
-
-
social contributions
4 954
4 954
-
-
total
4 954
4 954
-
-
Income
189 500
189 500
189 500
189 500
Total tax
68 002
71 280
56 247
34 237
After tax
121 498
118 220
133 253
155 263
Living cost
34 041
34 041
34 041
34 041
Free-cash
87 457
84 179
99 212
121 222

Estimated living cost  is ₽34041 per week

₽22422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8412
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72246
₽86780
₽89253
₽92268
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
56 937
pensions
-
-
-
8 866
total
-
-
-
65 803
Employee
47 279
-
165 296
-
income
8 610
-
45 598
-
health
617
-
2 296
-
pensions
3 609
-
10 714
-
total
12 836
-
58 608
-
Employer
47 279
-
165 296
-
health
899
-
3 141
-
pensions
4 777
-
21 061
-
total
5 676
-
24 202
-
Corporate
136 545
189 500
-
-
income

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

25 944
36 004
-
-
total
25 944
36 004
-
-
Dividends
110 601
153 496
-
-
withholding
18 332
32 272
-
-
total
18 332
32 272
-
-
Income
189 500
189 500
189 500
189 500
Total tax
62 788
68 276
82 810
65 803
After tax
126 712
121 224
106 690
123 697
Living cost
34 444
34 444
34 444
34 444
Free-cash
92 268
86 780
72 246
89 253

Estimated living cost  is ₽34444 per week

₽23628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽81264
-₽7135
₽106974
₽11901
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
other
-
-
-
350
health
-
-
-
2 059
accident
-
-
-
238
income
-
-
-
53 467
pensions
-
-
-
3 927
total
-
-
-
60 041
Employee
35 370
-
172 014
-
income
4 852
-
41 368
-
pensions
3 983
-
7 201
-
health
4 050
-
19 696
-
total
12 885
-
68 265
-
Employer
35 370
-
172 014
-
unemployment
866
-
4 214
-
accident
591
-
2 873
-
pensions
5 751
-
10 399
-
total
7 208
-
17 486
-
Corporate
146 922
189 500
-
-
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.

132 230
170 550
-
-
total
132 230
170 550
-
-
Dividends
14 692
18 950
-
-
withholding
2 791
3 600
-
-
total
2 791
3 600
-
-
Income
189 500
189 500
189 500
189 500
Total tax
155 114
174 150
85 751
60 041
After tax
34 386
15 350
103 749
129 459
Living cost
22 485
22 485
22 485
22 485
Free-cash
11 901
-7 135
81 264
106 974

Estimated living cost  is ₽22485 per week

₽16501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124644
₽132318
₽104052
₽142433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
189 500
income
-
-
-
31 615
health insurance
-
-
-
11 082
work injury
-
-
-
749
pensions
-
-
-
27 556
unemployment
-
-
-
1 797
total
-
-
-
72 799
Employee

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

20 239
-
189 500
-
income
2 024
-
31 615
-
work injury
101
-
374
-
health insurance
1 498
-
5 541
-
pensions
3 724
-
13 778
-
unemployment
243
-
899
-
total
7 590
-
52 207
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 261
189 500
-
-
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%.

1 693
18 950
-
-
total
1 693
18 950
-
-
Dividends
167 568
170 550
-
-
withholding
25 135
25 583
-
-
total
25 135
25 583
-
-
Income
189 500
189 500
189 500
189 500
Total tax
34 418
44 533
52 207
72 799
After tax
155 082
144 967
137 293
116 701
Living cost
12 649
12 649
12 649
12 649
Free-cash
142 433
132 318
124 644
104 052

Estimated living cost  is ₽12649 per week

₽7836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3499
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42524
₽62458
₽50341
₽58192
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
social contributions
-
-
-
46 934
national
-
-
-
49 150
regional
-
-
-
4 434
municipal
-
-
-
1 283
total
-
-
-
101 801
Employee
79 021
-
189 500
-
social contributions
26 645
-
61 532
-
municipal
472
-
1 151
-
national
13 354
-
42 982
-
regional
1 193
-
3 953
-
total
41 664
-
109 618
-
Employer
79 021
-
189 500
-
total
-
-
-
-
Corporate
110 479
189 500
-
-
nationa
26 515
45 480
-
-
municipal
5 324
9 134
-
-
total
31 839
54 614
-
-
Dividends
78 640
134 885
-
-
withholding
20 447
35 070
-
-
total
20 447
35 070
-
-
Income
189 500
189 500
189 500
189 500
Total tax
93 950
89 684
109 618
101 801
After tax
95 550
99 816
79 882
87 699
Living cost
37 358
37 358
37 358
37 358
Free-cash
58 192
62 458
42 524
50 341

Estimated living cost  is ₽37358 per week

₽26241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7981
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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