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
₽65093
₽88925
₽66444
₽76218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
59 945
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.

-
-
-
3 296
health

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

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

-
-
-
6 871
trade
-
-
-
22 481
total
-
-
-
92 593
Employee

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

38 468
-
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.

59
-
3 296
-
income

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

1 075
-
59 945
-
health

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

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

6 871
-
6 871
-
total
8 005
-
70 112
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
151 032
189 500
-
-
income
22 655
28 425
-
-
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.

1 246
1 563
-
-
chamber of commerce
370
426
-
-
trade
23 787
29 847
-
-
total
48 058
60 261
-
-
Dividends
102 974
129 240
-
-
surtax

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

1 395
1 756
-
-
withholding
25 361
31 927
-
-
total
26 756
33 683
-
-
Income
189 500
189 500
189 500
189 500
Total tax
82 819
93 944
70 112
92 593
After tax
106 681
95 556
119 388
96 907
Living cost
30 463
30 463
30 463
30 463
Free-cash
76 218
65 093
88 925
66 444

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽64837
₽59001
₽57985
₽63948
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
20 787
national
-
-
-
32 540
pensions
-
-
-
22 740
total
-
-
-
78 104
Employee
82 797
-
163 821
-
municipal
10 227
-
21 521
-
pensions
3 312
-
6 553
-
national
15 847
-
34 147
-
total
29 386
-
62 221
-
Employer
82 797
-
163 821
-
pensions
6 624
-
13 106
-
social contributions
890
-
1 761
-
total
7 514
-
14 867
-
Corporate
93 725
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%.

18 745
37 900
-
-
total
18 745
37 900
-
-
Dividends
74 980
151 600
-
-
withholding
16 496
33 352
-
-
total
16 496
33 352
-
-
Income
189 500
189 500
189 500
189 500
Total tax
72 141
71 252
77 088
78 104
After tax
117 359
118 248
112 412
111 396
Living cost
53 411
53 411
53 411
53 411
Free-cash
63 948
64 837
59 001
57 985

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽130675
₽59530
₽45530
₽122427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
36 189
surtax
-
-
-
48 322
social contributions

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

-
-
-
38 535
microenterprise
-
-
-
-
total
-
-
-
123 046
Employee
29 388
-
144 707
-
surtax
-
-
20 983
-
social contributions

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

3 233
-
13 185
-
income
5 231
-
30 085
-
total
8 464
-
64 253
-
Employer
29 388
-
144 707
-
social contributions

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

7 079
-
28 875
-
surtax
-
-
15 918
-
total
7 079
-
44 793
-
Corporate
153 033
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%.

30 606
37 901
-
-
total
30 606
37 901
-
-
Dividends

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

122 426
151 599
-
-
total
-
-
-
-
Income
189 500
189 500
189 500
189 500
Total tax
46 149
37 901
109 046
123 046
After tax
143 351
151 599
80 454
66 454
Living cost
20 924
20 924
20 924
20 924
Free-cash
122 427
130 675
59 530
45 530

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽51871
₽77601
₽61629
₽45710
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
61 553
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
85 739
Employee
85 887
85 887
170 809
-
pensions
15 460
11 784
11 784
-
income

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

14 058
14 058
26 890
-
health
13 183
11 213
12 402
-
total
42 701
37 055
51 076
-
Employer
85 887
85 887
170 809
-
health
5 970
5 970
7 419
-
pensions
5 978
5 978
7 430
-
unemployment
3 092
3 092
3 842
-
total
15 040
15 040
18 691
-
Corporate
89 627
88 573
-
-
income
17 926
17 716
-
-
total
17 926
17 716
-
-
Dividends
71 702
70 858
-
-
income
15 236
15 057
-
-
withholding
10 755
10 629
-
-
total
25 991
25 686
-
-
Income
189 500
189 500
189 500
189 500
Total tax
101 658
95 497
69 767
85 739
After tax
87 842
94 003
119 733
103 761
Living cost
42 132
42 132
42 132
42 132
Free-cash
45 710
51 871
77 601
61 629

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽62261
₽54634
₽55634
₽61336
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
181
other
-
-
-
10 494
unemployment
-
-
-
90
health
-
-
-
5 635
municipal
-
-
-
48 707
national
-
-
-
17 791
pensions
-
-
-
9 762
total
-
-
-
92 660
Employee
58 715
-
161 125
-
municipal
17 509
-
48 047
-
national
-
-
17 238
-
total
17 509
-
65 285
-
Employer
58 715
-
161 125
-
health
3 611
-
5 554
-
pensions
6 347
-
9 762
-
accident
117
-
181
-
unemployment
1 550
-
2 384
-
other
6 823
-
10 494
-
total
18 448
-
28 375
-
Corporate
112 337
189 500
-
-
income
24 714
41 690
-
-
total
24 714
41 690
-
-
Dividends
87 623
147 810
-
-
withholding
26 287
44 343
-
-
total
26 287
44 343
-
-
Income
189 500
189 500
189 500
189 500
Total tax
86 958
86 033
93 660
92 660
After tax
102 542
103 467
95 840
96 840
Living cost
41 206
41 206
41 206
41 206
Free-cash
61 336
62 261
54 634
55 634

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽55071
₽79878
₽56397
₽69205
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
59 945
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.

-
-
-
3 296
health

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

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

-
-
-
6 871
trade
-
-
-
23 481
total
-
-
-
93 593
Employee

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

51 004
-
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.

240
-
3 296
-
income

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

4 382
-
59 945
-
health

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

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

6 871
-
6 871
-
total
11 493
-
70 112
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
138 496
189 500
-
-
income
20 775
28 425
-
-
surtax

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

1 143
1 563
-
-
chamber of commerce
349
422
-
-
trade
22 783
31 173
-
-
total
45 050
61 583
-
-
Dividends
93 446
127 917
-
-
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.

1 263
1 739
-
-
withholding
22 979
31 597
-
-
total
24 242
33 336
-
-
Income
189 500
189 500
189 500
189 500
Total tax
80 785
94 919
70 112
93 593
After tax
108 715
94 581
119 388
95 907
Living cost
39 510
39 510
39 510
39 510
Free-cash
69 205
55 071
79 878
56 397

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽105579
₽94652
₽96284
₽101410
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 489
social contributions
-
-
-
16 273
health
-
-
-
4 833
total
-
-
-
60 595
Employee
77 337
77 337
177 558
-
social contributions
3 758
6 419
8 657
-
income
8 121
7 159
38 609
-
health
769
1 315
3 019
-
total
12 648
14 893
50 285
-
Employer
77 337
77 337
177 558
-
health
838
1 431
3 285
-
social contributions
3 758
6 419
8 657
-
total
4 596
7 850
11 942
-
Corporate
139 634
104 313
-
-
income
17 454
13 040
-
-
total
17 454
13 040
-
-
Dividends
122 180
91 273
-
-
withholding
20 771
15 517
-
-
total
20 771
15 517
-
-
Income
189 500
189 500
189 500
189 500
Total tax
55 469
51 300
62 227
60 595
After tax
134 031
138 200
127 273
128 905
Living cost
32 621
32 621
32 621
32 621
Free-cash
101 410
105 579
94 652
96 284

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽87974
₽91399
₽112822
₽88358
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 166
unemployment
-
-
-
2 842
health
-
-
-
13 265
pensions
-
-
-
18 950
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.

26 641
10 603
158 577
-
unemployment
400
159
2 379
-
pensions
2 664
1 060
15 858
-
income
3 257
1 296
19 386
-
health
1 865
742
11 100
-
total
8 186
3 257
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.

26 641
10 603
158 577
-
pensions
5 195
2 068
30 923
-
total
5 195
2 068
30 923
-
Corporate
157 664
176 830
-
-
income
14 190
15 915
-
-
total
14 190
15 915
-
-
Dividends
143 475
160 915
-
-
social contributions
27 856
31 257
-
-
withholding
27 260
30 574
-
-
total
55 116
61 831
-
-
Income
189 500
189 500
189 500
189 500
Total tax
82 687
83 071
79 646
58 223
After tax
106 813
106 429
109 854
131 277
Living cost
18 455
18 455
18 455
18 455
Free-cash
88 358
87 974
91 399
112 822

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽127306
₽84932
₽77278
₽121060
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 394
health
-
-
-
24 634
pensions
-
-
-
37 901
total
-
-
-
87 929
Employee
28 531
-
141 629
-
unemployment
456
-
2 266
-
pensions
571
-
2 832
-
income
3 212
-
27 306
-
total
4 239
-
32 404
-
Employer
28 531
-
141 629
-
health
3 708
-
18 412
-
pensions
5 707
-
28 325
-
unemployment
229
-
1 134
-
total
9 644
-
47 871
-
Corporate
151 324
189 500
-
-
income
30 265
37 901
-
-
total
30 265
37 901
-
-
Dividends
121 060
151 599
-
-
total
-
-
-
-
Income
189 500
189 500
189 500
189 500
Total tax
44 148
37 901
80 275
87 929
After tax
145 352
151 599
109 225
101 571
Living cost
24 292
24 292
24 292
24 292
Free-cash
121 060
127 306
84 932
77 278

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽7051
₽80889
₽107107
₽11914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
52 902
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
59 993
Employee
35 237
-
171 228
-
pensions
3 968
-
7 768
-
income
4 834
-
40 565
-
health
4 035
-
19 606
-
total
12 837
-
67 939
-
Employer
35 237
-
171 228
-
pensions
5 730
-
11 218
-
accident
588
-
2 859
-
unemployment
863
-
4 195
-
total
7 181
-
18 272
-
Corporate
147 082
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.

132 374
170 550
-
-
total
132 374
170 550
-
-
Dividends
14 708
18 950
-
-
withholding
2 794
3 601
-
-
total
2 794
3 601
-
-
Income
189 500
189 500
189 500
189 500
Total tax
155 186
174 151
86 211
59 993
After tax
34 314
15 349
103 289
129 507
Living cost
22 400
22 400
22 400
22 400
Free-cash
11 914
-7 051
80 889
107 107

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽171885
₽143460
₽179465
₽170359
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 174
-
189 500
-
income
2 035
-
37 900
-
total
2 035
-
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%.

179 326
189 500
-
-
total
-
-
-
-
Dividends
179 326
189 500
-
-
withholding
8 966
9 475
-
-
total
8 966
9 475
-
-
Income
189 500
189 500
189 500
189 500
Total tax
11 001
9 475
37 900
1 895
After tax
178 499
180 025
151 600
187 605
Living cost
8 140
8 140
8 140
8 140
Free-cash
170 359
171 885
143 460
179 465

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽112427
₽80302
₽81557
₽105631
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 444
other
-
-
-
7 264
health
-
-
-
6 730
pensions

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

-
-
-
36 706
total
-
-
-
81 144
Employee
36 518
-
151 359
-
unemployment
365
-
1 514
-
pensions

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

2 556
-
10 595
-
income
6 287
-
30 028
-
health
512
-
2 119
-
total
9 720
-
44 256
-
Employer
36 518
-
151 359
-
health
512
-
2 119
-
pensions

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

6 209
-
25 732
-
accident
292
-
1 210
-
unemployment
365
-
1 514
-
other
1 827
-
7 568
-
total
9 205
-
38 143
-
Corporate
143 779
189 500
-
-
income
30 194
39 794
-
-
total
30 194
39 794
-
-
Dividends
113 585
149 706
-
-
withholding
7 951
10 480
-
-
total
7 951
10 480
-
-
Income
189 500
189 500
189 500
189 500
Total tax
57 070
50 274
82 399
81 144
After tax
132 430
139 226
107 101
108 356
Living cost
26 799
26 799
26 799
26 799
Free-cash
105 631
112 427
80 302
81 557

Estimated living cost  is ₽26799 per week

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

Source of data for Bratislava model

Close
London , United Kingdom
₽55738
₽40721
₽57795
₽61392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 583
pensions
-
-
-
9 263
total
-
-
-
64 846
Employee
94 595
-
165 414
-
pensions
9 126
-
11 295
-
income
17 052
-
44 196
-
health
1 559
-
2 345
-
total
27 737
-
57 836
-
Employer
94 595
-
165 414
-
health
1 797
-
3 142
-
pensions
11 169
-
20 942
-
total
12 966
-
24 084
-
Corporate
81 939
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.

15 568
36 006
-
-
total
15 568
36 006
-
-
Dividends
66 371
153 494
-
-
withholding
4 978
30 897
-
-
total
4 978
30 897
-
-
Income
189 500
189 500
189 500
189 500
Total tax
61 249
66 903
81 920
64 846
After tax
128 251
122 597
107 580
124 654
Living cost
66 859
66 859
66 859
66 859
Free-cash
61 392
55 738
40 721
57 795

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽148817
₽146039
₽138477
₽144138
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 425
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
37 818
Employee
17 485
-
182 598
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
18 260
-
health
804
-
1 618
-
total
4 280
-
23 354
-
Employer
17 485
-
182 598
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
168 584
189 500
-
-
income
16 859
18 950
-
-
total
16 859
18 950
-
-
Dividends
151 726
170 550
-
-
withholding
7 586
8 528
-
-
total
7 586
8 528
-
-
Income
189 500
189 500
189 500
189 500
Total tax
32 157
27 478
30 256
37 818
After tax
157 343
162 022
159 244
151 682
Living cost
13 205
13 205
13 205
13 205
Free-cash
144 138
148 817
146 039
138 477

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽38233
₽63963
₽47991
₽40765
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
61 553
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
85 739
Employee
93 245
85 887
170 809
-
pensions
11 784
11 784
11 784
-
income

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

14 058
14 058
26 890
-
health
11 633
11 213
12 402
-
total
37 475
37 055
51 076
-
Employer
93 245
85 887
170 809
-
health
6 480
5 970
7 419
-
pensions
6 489
5 978
7 430
-
unemployment
3 357
3 092
3 842
-
total
16 326
15 040
18 691
-
Corporate
79 928
88 573
-
-
income
15 986
17 716
-
-
total
15 986
17 716
-
-
Dividends
63 942
70 858
-
-
income
13 587
15 057
-
-
withholding
9 591
10 629
-
-
total
23 178
25 686
-
-
Income
189 500
189 500
189 500
189 500
Total tax
92 965
95 497
69 767
85 739
After tax
96 535
94 003
119 733
103 761
Living cost
55 770
55 770
55 770
55 770
Free-cash
40 765
38 233
63 963
47 991

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽105478
₽75258
₽83433
₽96561
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 193
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
335
health
-
-
-
25 582
total
-
-
-
81 074
Employee
36 754
-
145 605
-
solidarity contribution
-
-
-
-
social contributions
2 389
-
8 006
-
income
4 411
-
17 691
-
health
4 962
-
19 657
-
total
11 762
-
45 354
-
Employer
36 754
-
145 605
-
health
3 308
-
13 104
-
social contributions
9 189
-
30 791
-
total
12 497
-
43 895
-
Corporate
140 249
189 500
-
-
income
26 647
36 005
-
-
total
26 647
36 005
-
-
Dividends
113 602
153 495
-
-
withholding
17 040
23 024
-
-
total
17 040
23 024
-
-
Income
189 500
189 500
189 500
189 500
Total tax
67 946
59 029
89 249
81 074
After tax
121 554
130 471
100 251
108 426
Living cost
24 993
24 993
24 993
24 993
Free-cash
96 561
105 478
75 258
83 433

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽58666
₽38847
₽47407
₽53417
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 740
regional
-
-
-
2 249
municipal
-
-
-
1 126
national
-
-
-
47 539
total
-
-
-
99 654
Employee
89 385
-
189 500
-
municipal
473
-
1 004
-
national
15 488
-
41 323
-
regional
843
-
1 987
-
social contributions
30 141
-
63 900
-
total
46 945
-
108 214
-
Employer
89 385
-
189 500
-
total
-
-
-
-
Corporate
100 115
189 500
-
-
municipal
3 905
7 390
-
-
nationa
24 027
45 480
-
-
total
27 932
52 870
-
-
Dividends
72 183
136 630
-
-
withholding
18 767
35 525
-
-
total
18 767
35 525
-
-
Income
189 500
189 500
189 500
189 500
Total tax
93 644
88 395
108 214
99 654
After tax
95 856
101 105
81 286
89 846
Living cost
42 439
42 439
42 439
42 439
Free-cash
53 417
58 666
38 847
47 407

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽97002
₽61170
₽67318
₽93870
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 679
other
-
-
-
-
surtax
-
-
-
8 705
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
99 989
Employee
33 259
-
161 245
-
other
-
-
-
-
unemployment
2 315
-
9 343
-
pensions
2 218
-
8 953
-
surtax
109
-
7 501
-
income
5 575
-
48 663
-
health
849
-
3 422
-
total
11 066
-
77 882
-
Employer
33 259
-
161 245
-
health
1 514
-
6 108
-
pensions
4 434
-
17 893
-
unemployment
1 054
-
4 254
-
other
-
-
-
-
total
7 002
-
28 255
-
Corporate
149 240
189 500
-
-
income
38 802
49 270
-
-
total
38 802
49 270
-
-
Dividends
110 438
140 230
-
-
withholding
16 567
21 035
-
-
total
16 567
21 035
-
-
Income
189 500
189 500
189 500
189 500
Total tax
73 437
70 305
106 137
99 989
After tax
116 063
119 195
83 363
89 511
Living cost
22 193
22 193
22 193
22 193
Free-cash
93 870
97 002
61 170
67 318

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽76921
₽61904
₽78978
₽83528
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 583
pensions
-
-
-
9 263
total
-
-
-
64 846
Employee
63 395
-
165 414
-
pensions
5 381
-
11 295
-
income
11 418
-
44 196
-
health
920
-
2 345
-
total
17 719
-
57 836
-
Employer
63 395
-
165 414
-
health
1 204
-
3 142
-
pensions
6 863
-
20 942
-
total
8 067
-
24 084
-
Corporate
118 038
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.

22 426
36 006
-
-
total
22 426
36 006
-
-
Dividends
95 612
153 494
-
-
withholding
12 084
30 897
-
-
total
12 084
30 897
-
-
Income
189 500
189 500
189 500
189 500
Total tax
60 296
66 903
81 920
64 846
After tax
129 204
122 597
107 580
124 654
Living cost
45 676
45 676
45 676
45 676
Free-cash
83 528
76 921
61 904
78 978

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
₽6909
₽64523
₽73094
₽41028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 789
regional
-
-
-
9 569
health
-
-
-
426
city
-
-
-
1 997
national
-
-
-
3 446
pensions
-
-
-
17 434
total
-
-
-
36 661
Employee
93 322
-
169 615
-
unemployment
-
-
-
-
pensions
7 840
-
14 247
-
national
442
-
2 519
-
regional
3 056
-
8 242
-
city
1 002
-
1 823
-
health
211
-
381
-
total
12 551
-
27 212
-
Employer
93 322
-
169 615
-
health
211
-
381
-
pensions
7 840
-
14 247
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 866
-
3 392
-
total
9 917
-
18 020
-
Corporate
85 235
189 500
-
-
regional
18 028
40 080
-
-
national
7 244
16 107
-
-
total
25 272
56 187
-
-
Dividends
59 962
133 313
-
-
withholding
20 987
46 659
-
-
total
20 987
46 659
-
-
Income
189 500
189 500
189 500
189 500
Total tax
68 727
102 846
45 232
36 661
After tax
120 773
86 654
144 268
152 839
Living cost
79 745
79 745
79 745
79 745
Free-cash
41 028
6 909
64 523
73 094

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽47531
₽73314
₽48834
₽63841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
59 945
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.

-
-
-
3 296
health

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

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

-
-
-
6 871
trade
-
-
-
24 480
total
-
-
-
94 592
Employee

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

60 444
-
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.

391
-
3 296
-
income

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

7 108
-
59 945
-
health

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

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

6 871
-
6 871
-
total
14 370
-
70 112
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
129 056
189 500
-
-
income
19 359
28 425
-
-
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.

1 065
1 563
-
-
chamber of commerce
334
420
-
-
trade
22 134
32 500
-
-
total
42 892
62 908
-
-
Dividends
86 165
126 593
-
-
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.

1 164
1 720
-
-
withholding
21 159
31 267
-
-
total
22 323
32 987
-
-
Income
189 500
189 500
189 500
189 500
Total tax
79 585
95 895
70 112
94 592
After tax
109 915
93 605
119 388
94 908
Living cost
46 074
46 074
46 074
46 074
Free-cash
63 841
47 531
73 314
48 834

Estimated living cost  is ₽46074 per week

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

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽61097
₽68321
₽72179
₽67039
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 625
other
-
-
-
5 875
surtax
-
-
-
-
social contributions
-
-
-
5 399
health
-
-
-
8 398
pensions
-
-
-
32 614
total
-
-
-
82 911
Employee
43 044
-
146 150
-
pensions
4 867
-
10 373
-
surtax
-
-
-
-
social contributions
1 227
-
4 165
-
income
2 540
-
28 880
-
total
8 634
-
43 418
-
Employer
43 044
-
146 150
-
health
3 014
-
13 774
-
pensions
7 071
-
17 428
-
unemployment
1 743
-
5 919
-
social contributions
130
-
439
-
other
1 485
-
5 791
-
total
13 443
-
43 351
-
Corporate
133 013
189 500
-
-
income
37 244
53 061
-
-
surtax
-
-
-
-
total
37 244
53 061
-
-
Dividends
95 769
136 439
-
-
surtax
-
-
-
-
social contributions
16 471
23 468
-
-
withholding
12 259
17 464
-
-
total
28 730
40 932
-
-
Income
189 500
189 500
189 500
189 500
Total tax
88 051
93 993
86 769
82 911
After tax
101 449
95 507
102 731
106 589
Living cost
34 410
34 410
34 410
34 410
Free-cash
67 039
61 097
68 321
72 179

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽64506
₽71730
₽75588
₽70094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 625
other
-
-
-
5 875
surtax
-
-
-
-
social contributions
-
-
-
5 399
health
-
-
-
8 398
pensions
-
-
-
32 614
total
-
-
-
82 911
Employee
38 423
-
146 150
-
pensions
4 346
-
10 373
-
surtax
-
-
-
-
social contributions
1 096
-
4 165
-
income
1 981
-
28 880
-
total
7 423
-
43 418
-
Employer
38 423
-
146 150
-
health
2 689
-
13 774
-
pensions
6 314
-
17 428
-
unemployment
1 556
-
5 919
-
social contributions
115
-
439
-
other
1 326
-
5 791
-
total
12 000
-
43 351
-
Corporate
139 077
189 500
-
-
income
38 941
53 061
-
-
surtax
-
-
-
-
total
38 941
53 061
-
-
Dividends
100 136
136 439
-
-
surtax
-
-
-
-
social contributions
17 223
23 468
-
-
withholding
12 818
17 464
-
-
total
30 041
40 932
-
-
Income
189 500
189 500
189 500
189 500
Total tax
88 405
93 993
86 769
82 911
After tax
101 095
95 507
102 731
106 589
Living cost
31 001
31 001
31 001
31 001
Free-cash
70 094
64 506
71 730
75 588

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽94284
₽96098
₽100369
₽94807
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 425
social contributions
-
-
-
26 152
health
-
-
-
13 227
total
-
-
-
67 804
Employee
34 101
-
189 500
-
social contributions
4 707
-
26 152
-
income
5 688
-
32 696
-
health
2 380
-
13 227
-
total
12 775
-
72 075
-
Employer
34 101
-
189 500
-
total
-
-
-
-
Corporate
155 399
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%.

7 770
9 474
-
-
total
7 770
9 474
-
-
Dividends
147 629
180 026
-
-
social contributions
20 372
24 844
-
-
withholding
22 144
27 005
-
-
health
10 305
12 566
-
-
total
52 821
64 415
-
-
Income
189 500
189 500
189 500
189 500
Total tax
73 366
73 889
72 075
67 804
After tax
116 134
115 611
117 425
121 696
Living cost
21 327
21 327
21 327
21 327
Free-cash
94 807
94 284
96 098
100 369

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽69295
₽14631
₽61854
₽67737
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 357
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
758
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
92 207
Employee
50 263
40 080
152 905
-
other
502
401
1 176
-
unemployment
1 508
1 202
3 525
-
pensions
5 147
4 103
12 032
-
income
5 722
2 956
44 285
-
health
1 945
1 552
4 546
-
total
14 824
10 214
65 564
-
Employer
50 263
40 080
152 905
-
chamber of commerce
200
160
611
-
health
1 899
1 515
4 441
-
pensions
6 308
5 031
14 746
-
accident
653
521
1 527
-
unemployment
1 508
1 202
3 525
-
surtax
198
198
198
-
payroll
1 508
1 202
4 586
-
other
2 388
1 903
6 961
-
total
14 662
11 732
36 595
-
Corporate
124 575
137 685
149 087
-
income

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

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

31 144
34 422
37 271
-
total
31 144
34 422
37 271
-
Dividends
93 431
103 264
-
-
withholding
25 694
28 398
-
-
total
25 694
28 398
-
-
Income
189 500
189 500
189 500
189 500
Total tax
86 324
84 766
139 430
92 207
After tax
103 176
104 734
50 070
97 293
Living cost
35 439
35 439
35 439
35 439
Free-cash
67 737
69 295
14 631
61 854

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽69284
₽29360
₽45564
₽54200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
9 866
social contributions
-
-
-
25 075
national
-
-
-
72 324
total
-
-
-
107 265
Employee

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

71 942
-
146 774
-
unemployment

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

626
-
1 277
-
communal

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

3 752
-
7 655
-
pensions

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

5 396
-
11 009
-
national
22 118
-
53 906
-
health

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

3 380
-
6 898
-
total
35 272
-
80 745
-
Employer

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

71 942
-
146 774
-
health

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

4 424
-
9 026
-
pensions

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

6 375
-
13 003
-
accident

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

935
-
1 909
-
unemployment

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

1 050
-
2 143
-
surtax
8 157
-
16 643
-
total
20 941
-
42 724
-
Corporate
96 617
189 500
-
-
income
19 323
37 901
-
-
surtax
386
758
-
-
total
19 709
38 659
-
-
Dividends
76 909
150 841
-
-
withholding

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

22 707
44 886
-
-
total
22 707
44 886
-
-
Income
189 500
189 500
189 500
189 500
Total tax
98 629
83 545
123 469
107 265
After tax
90 871
105 955
66 031
82 235
Living cost
36 671
36 671
36 671
36 671
Free-cash
54 200
69 284
29 360
45 564

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽89843
₽65666
₽69885
₽82954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
55 325
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
83 293
Employee
50 064
-
159 781
-
other
50
-
94
-
unemployment
777
-
1 445
-
pensions
2 353
-
4 382
-
income
10 563
-
51 873
-
total
13 743
-
57 794
-
Employer
50 064
-
159 781
-
pensions
11 814
-
22 000
-
accident
991
-
1 846
-
unemployment
2 754
-
5 126
-
other
399
-
746
-
total
15 958
-
29 718
-
Corporate
123 479
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.

18 521
28 425
-
-
total
18 521
28 425
-
-
Dividends
104 958
161 075
-
-
withholding
22 002
34 910
-
-
total
22 002
34 910
-
-
Income
189 500
189 500
189 500
189 500
Total tax
70 224
63 335
87 512
83 293
After tax
119 276
126 165
101 988
106 207
Living cost
36 322
36 322
36 322
36 322
Free-cash
82 954
89 843
65 666
69 885

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽55316
₽45209
₽37654
₽42053
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
11 976
accident
-
-
-
1 597
income
-
-
-
32 505
surtax
-
-
-
9 394
health
-
-
-
13 314
pensions
-
-
-
28 404
total
-
-
-
97 190
Employee
76 164
-
169 273
-
pensions
6 092
-
13 541
-
surtax
4 668
-
10 373
-
income
7 357
-
37 961
-
health
3 390
-
7 533
-
total
21 507
-
69 408
-
Employer
76 164
-
169 273
-
health
2 323
-
5 163
-
pensions
6 092
-
13 541
-
accident
685
-
1 523
-
total
9 100
-
20 227
-
Corporate
104 235
189 500
-
-
communal
7 035
12 791
-
-
income
15 635
28 425
-
-
surtax
1 094
1 991
-
-
total
23 764
43 207
-
-
Dividends
80 471
146 293
-
-
income
26 350
14 378
-
-
withholding
12 070
21 943
-
-
total
38 420
36 321
-
-
Income
189 500
189 500
189 500
189 500
Total tax
92 791
79 528
89 635
97 190
After tax
96 709
109 972
99 865
92 310
Living cost
54 656
54 656
54 656
54 656
Free-cash
42 053
55 316
45 209
37 654

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽96605
₽60773
₽66921
₽93407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 679
other
-
-
-
-
surtax
-
-
-
8 705
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
99 989
Employee
33 870
-
161 245
-
other
-
-
-
-
unemployment
2 357
-
9 343
-
pensions
2 260
-
8 953
-
surtax
120
-
7 501
-
income
5 678
-
48 663
-
health
865
-
3 422
-
total
11 280
-
77 882
-
Employer
33 870
-
161 245
-
health
1 540
-
6 108
-
pensions
4 516
-
17 893
-
unemployment
1 075
-
4 254
-
other
-
-
-
-
total
7 131
-
28 255
-
Corporate
148 499
189 500
-
-
income
38 609
49 270
-
-
total
38 609
49 270
-
-
Dividends
109 890
140 230
-
-
withholding
16 483
21 035
-
-
total
16 483
21 035
-
-
Income
189 500
189 500
189 500
189 500
Total tax
73 503
70 305
106 137
99 989
After tax
115 997
119 195
83 363
89 511
Living cost
22 590
22 590
22 590
22 590
Free-cash
93 407
96 605
60 773
66 921

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽72512
₽53631
₽62144
₽70278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 740
regional
-
-
-
2 858
municipal
-
-
-
1 126
national
-
-
-
47 539
total
-
-
-
100 263
Employee
55 790
-
189 500
-
municipal
296
-
1 004
-
national
8 839
-
41 323
-
regional
751
-
2 549
-
social contributions
18 813
-
63 900
-
total
28 699
-
108 776
-
Employer
55 790
-
189 500
-
total
-
-
-
-
Corporate
133 710
189 500
-
-
municipal
6 646
9 419
-
-
nationa
32 091
45 480
-
-
total
38 737
54 899
-
-
Dividends
94 973
134 601
-
-
withholding
24 693
34 996
-
-
total
24 693
34 996
-
-
Income
189 500
189 500
189 500
189 500
Total tax
92 129
89 895
108 776
100 263
After tax
97 371
99 605
80 724
89 237
Living cost
27 093
27 093
27 093
27 093
Free-cash
70 278
72 512
53 631
62 144

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽99673
₽69453
₽77628
₽88686
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 193
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
335
health
-
-
-
25 582
total
-
-
-
81 074
Employee
45 291
-
145 605
-
solidarity contribution
-
-
-
-
social contributions
2 944
-
8 006
-
income
5 435
-
17 691
-
health
6 114
-
19 657
-
total
14 493
-
45 354
-
Employer
45 291
-
145 605
-
health
4 076
-
13 104
-
social contributions
11 323
-
30 791
-
total
15 399
-
43 895
-
Corporate
128 810
189 500
-
-
income
24 474
36 005
-
-
total
24 474
36 005
-
-
Dividends
104 336
153 495
-
-
withholding
15 650
23 024
-
-
total
15 650
23 024
-
-
Income
189 500
189 500
189 500
189 500
Total tax
70 016
59 029
89 249
81 074
After tax
119 484
130 471
100 251
108 426
Living cost
30 798
30 798
30 798
30 798
Free-cash
88 686
99 673
69 453
77 628

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽72756
₽18032
₽65404
₽72255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 357
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
758
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
92 009
Employee
43 964
40 080
153 088
-
other
439
401
1 176
-
unemployment
1 319
1 202
3 525
-
pensions
4 502
4 103
12 032
-
income
3 916
2 956
44 373
-
health
1 701
1 552
4 546
-
total
11 877
10 214
65 652
-
Employer
43 964
40 080
153 088
-
chamber of commerce
176
160
613
-
health
1 662
1 515
4 441
-
pensions
5 518
5 031
14 746
-
accident
571
521
1 527
-
unemployment
1 319
1 202
3 525
-
surtax
-
-
-
-
payroll
1 319
1 202
4 592
-
other
2 088
1 903
6 968
-
total
12 653
11 534
36 412
-
Corporate
132 884
137 884
149 271
-
income

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

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

33 221
34 471
37 317
-
total
33 221
34 471
37 317
-
Dividends
99 663
103 413
-
-
withholding
27 407
28 438
-
-
total
27 407
28 438
-
-
Income
189 500
189 500
189 500
189 500
Total tax
85 158
84 657
139 381
92 009
After tax
104 342
104 843
50 119
97 491
Living cost
32 087
32 087
32 087
32 087
Free-cash
72 255
72 756
18 032
65 404

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽167341
₽138916
₽174921
₽164963
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 855
-
189 500
-
income
3 171
-
37 900
-
total
3 171
-
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%.

173 645
189 500
-
-
total
-
-
-
-
Dividends
173 645
189 500
-
-
withholding
8 682
9 475
-
-
total
8 682
9 475
-
-
Income
189 500
189 500
189 500
189 500
Total tax
11 853
9 475
37 900
1 895
After tax
177 647
180 025
151 600
187 605
Living cost
12 684
12 684
12 684
12 684
Free-cash
164 963
167 341
138 916
174 921

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽103495
₽59930
₽64881
₽95083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
44 105
unemployment
-
-
-
284
health
-
-
-
18 647
pensions
-
-
-
34 607
total
-
-
-
97 643
Employee

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

44 474
-
163 969
-
unemployment
63
-
229
-
pensions
6 894
-
25 415
-
income
7 670
-
40 826
-
health
2 872
-
10 593
-
total
17 499
-
77 063
-
Employer

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

44 474
-
163 969
-
health
2 962
-
10 921
-
pensions
3 936
-
14 511
-
unemployment
27
-
99
-
total
6 925
-
25 531
-
Corporate
138 101
189 500
-
-
income
26 239
36 006
-
-
total
26 239
36 006
-
-
Dividends
111 862
153 494
-
-
withholding
16 778
23 023
-
-
total
16 778
23 023
-
-
Income
189 500
189 500
189 500
189 500
Total tax
67 441
59 029
102 594
97 643
After tax
122 059
130 471
86 906
91 857
Living cost
26 976
26 976
26 976
26 976
Free-cash
95 083
103 495
59 930
64 881

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽71289
₽132081
₽86957
₽22781
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 937
social contributions
-
-
-
21 603
total
-
-
-
58 540
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
37 442
189 500
-
-
income
8 237
41 690
-
-
total
8 237
41 690
-
-
Dividends
29 205
147 810
-
-
income
6 425
32 518
-
-
total
6 425
32 518
-
-
Income
189 500
189 500
189 500
189 500
Total tax
122 716
74 208
13 416
58 540
After tax
66 784
115 292
176 084
130 960
Living cost
44 003
44 003
44 003
44 003
Free-cash
22 781
71 289
132 081
86 957

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽76241
₽54780
₽69149
₽75228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
22 954
surtax
-
-
-
-
social contributions

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

-
-
-
65 850
total
-
-
-
88 804
Employee
46 257
-
153 132
-
surtax
-
-
-
-
social contributions
5 088
-
16 845
-
income
9 622
-
49 960
-
total
14 710
-
66 805
-
Employer
46 257
-
153 132
-
social contributions
10 986
-
36 368
-
total
10 986
-
36 368
-
Corporate
132 258
189 500
-
-
income
27 774
39 794
-
-
surtax
-
-
-
-
total
27 774
39 794
-
-
Dividends
104 484
149 706
-
-
withholding
29 255
41 918
-
-
total
29 255
41 918
-
-
Income
189 500
189 500
189 500
189 500
Total tax
82 725
81 712
103 173
88 804
After tax
106 775
107 788
86 327
100 696
Living cost
31 547
31 547
31 547
31 547
Free-cash
75 228
76 241
54 780
69 149

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽46931
₽54155
₽58013
₽53844
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 625
other
-
-
-
5 875
surtax
-
-
-
-
social contributions
-
-
-
5 399
health
-
-
-
8 398
pensions
-
-
-
32 614
total
-
-
-
82 911
Employee
62 992
-
146 150
-
pensions
7 125
-
10 373
-
surtax
-
-
-
-
social contributions
1 794
-
4 165
-
income
5 496
-
28 880
-
total
14 415
-
43 418
-
Employer
62 992
-
146 150
-
health
4 409
-
13 774
-
pensions
10 350
-
17 428
-
unemployment
2 552
-
5 919
-
social contributions
189
-
439
-
other
2 174
-
5 791
-
total
19 674
-
43 351
-
Corporate
106 834
189 500
-
-
income
29 913
53 061
-
-
surtax
-
-
-
-
total
29 913
53 061
-
-
Dividends
76 921
136 439
-
-
surtax
-
-
-
-
social contributions
13 232
23 468
-
-
withholding
9 846
17 464
-
-
total
23 078
40 932
-
-
Income
189 500
189 500
189 500
189 500
Total tax
87 080
93 993
86 769
82 911
After tax
102 420
95 507
102 731
106 589
Living cost
48 576
48 576
48 576
48 576
Free-cash
53 844
46 931
54 155
58 013

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽140318
₽113939
₽108904
₽136940
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 673
social contributions
-
-
-
41 691
total
-
-
-
50 364
Employee
32 334
-
164 070
-
income
-
-
9 234
-
social contributions
2 101
-
10 665
-
total
2 101
-
19 899
-
Employer
32 334
-
164 070
-
social contributions
5 012
-
25 430
-
total
5 012
-
25 430
-
Corporate
152 154
189 500
-
-
income
15 215
18 950
-
-
total
15 215
18 950
-
-
Dividends
136 939
170 550
-
-
total
-
-
-
-
Income
189 500
189 500
189 500
189 500
Total tax
22 328
18 950
45 329
50 364
After tax
167 172
170 550
144 171
139 136
Living cost
30 232
30 232
30 232
30 232
Free-cash
136 940
140 318
113 939
108 904

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽29526
-₽29526
₽62632
-₽29526
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 090
municipal
-
-
-
39 843
national
-
-
-
22 650
pensions
-
-
-
871
total
-
-
-
78 454
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
189 500
189 500
189 500
189 500
Total tax
170 612
170 612
170 612
78 454
After tax
18 888
18 888
18 888
111 046
Living cost
48 414
48 414
48 414
48 414
Free-cash
-29 526
-29 526
-29 526
62 632

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽6721
₽81219
₽107437
₽11963
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
52 902
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
59 993
Employee
34 717
-
171 228
-
pensions
3 909
-
7 768
-
income
4 763
-
40 565
-
health
3 975
-
19 606
-
total
12 647
-
67 939
-
Employer
34 717
-
171 228
-
pensions
5 645
-
11 218
-
accident
580
-
2 859
-
unemployment
851
-
4 195
-
total
7 076
-
18 272
-
Corporate
147 707
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.

132 937
170 550
-
-
total
132 937
170 550
-
-
Dividends
14 771
18 950
-
-
withholding
2 807
3 601
-
-
total
2 807
3 601
-
-
Income
189 500
189 500
189 500
189 500
Total tax
155 467
174 151
86 211
59 993
After tax
34 033
15 349
103 289
129 507
Living cost
22 070
22 070
22 070
22 070
Free-cash
11 963
-6 721
81 219
107 437

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽79365
₽60012
₽81821
₽82191
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 498
municipal
-
-
-
33 660
national
-
-
-
32 908
total
-
-
-
69 066
Employee
52 914
-
159 417
-
municipal
8 667
-
25 961
-
unemployment
794
-
2 391
-
pensions
3 571
-
10 761
-
national
874
-
19 645
-
health
395
-
2 035
-
total
14 301
-
60 793
-
Employer
52 914
-
159 417
-
health
407
-
1 227
-
pensions
9 180
-
27 659
-
accident
53
-
160
-
unemployment
344
-
1 036
-
total
9 984
-
30 082
-
Corporate
126 602
189 500
-
-
income
25 319
37 901
-
-
total
25 319
37 901
-
-
Dividends

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

75 962
113 699
-
-
municipal
13 673
20 466
-
-
national
5 419
13 155
-
-
total
19 092
33 621
-
-
Income
189 500
189 500
189 500
189 500
Total tax
68 696
71 522
90 875
69 066
After tax
120 804
117 978
98 625
120 434
Living cost
38 613
38 613
38 613
38 613
Free-cash
82 191
79 365
60 012
81 821

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽114914
₽103987
₽105619
₽109441
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 489
social contributions
-
-
-
16 273
health
-
-
-
4 833
total
-
-
-
60 595
Employee
77 337
77 337
177 558
-
social contributions
2 924
6 419
8 657
-
income
8 421
7 159
38 609
-
health
599
1 315
3 019
-
total
11 944
14 893
50 285
-
Employer
77 337
77 337
177 558
-
health
651
1 431
3 285
-
social contributions
2 924
6 419
8 657
-
total
3 575
7 850
11 942
-
Corporate
150 695
104 313
-
-
income
18 838
13 040
-
-
total
18 838
13 040
-
-
Dividends
131 858
91 273
-
-
withholding
22 416
15 517
-
-
total
22 416
15 517
-
-
Income
189 500
189 500
189 500
189 500
Total tax
56 773
51 300
62 227
60 595
After tax
132 727
138 200
127 273
128 905
Living cost
23 286
23 286
23 286
23 286
Free-cash
109 441
114 914
103 987
105 619

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽140956
₽123911
₽144083
₽135841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
19 382
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
29 449
Employee

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

23 085
-
179 671
-
unemployment
115
-
477
-
pensions
3 462
-
14 314
-
income
1 578
-
16 889
-
health
1 962
-
8 112
-
total
7 117
-
39 792
-
Employer

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

23 085
-
179 671
-
health
992
-
4 103
-
pensions
1 269
-
5 249
-
unemployment
115
-
477
-
total
2 376
-
9 829
-
Corporate
164 038
189 500
-
-
income
14 763
17 055
-
-
total
14 763
17 055
-
-
Dividends
149 275
172 445
-
-
withholding
13 435
15 521
-
-
total
13 435
15 521
-
-
Income
189 500
189 500
189 500
189 500
Total tax
37 691
32 576
49 621
29 449
After tax
151 809
156 924
139 879
160 051
Living cost
15 968
15 968
15 968
15 968
Free-cash
135 841
140 956
123 911
144 083

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽98508
₽74331
₽78550
₽94066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
55 325
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
83 293
Employee
37 188
-
159 781
-
other
36
-
94
-
unemployment
576
-
1 445
-
pensions
1 748
-
4 382
-
income
7 170
-
51 873
-
total
9 530
-
57 794
-
Employer
37 188
-
159 781
-
pensions
8 776
-
22 000
-
accident
737
-
1 846
-
unemployment
2 046
-
5 126
-
other
298
-
746
-
total
11 857
-
29 718
-
Corporate
140 455
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.

21 069
28 425
-
-
total
21 069
28 425
-
-
Dividends
119 386
161 075
-
-
withholding
25 321
34 910
-
-
total
25 321
34 910
-
-
Income
189 500
189 500
189 500
189 500
Total tax
67 777
63 335
87 512
83 293
After tax
121 723
126 165
101 988
106 207
Living cost
27 657
27 657
27 657
27 657
Free-cash
94 066
98 508
74 331
78 550

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽116289
₽119926
₽120065
₽115968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 011
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
67 476
Employee
2 983
-
187 893
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
64 936
-
health
149
-
357
-
total
1 024
-
66 007
-
Employer
2 983
-
187 893
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
185 846
189 500
-
-
income
40 886
41 690
-
-
total
40 886
41 690
-
-
Dividends
144 960
147 810
-
-
withholding
28 992
29 562
-
-
total
28 992
29 562
-
-
Income
189 500
189 500
189 500
189 500
Total tax
71 573
71 252
67 615
67 476
After tax
117 927
118 248
121 885
122 024
Living cost
1 959
1 959
1 959
1 959
Free-cash
115 968
116 289
119 926
120 065

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽119521
₽100838
₽100837
₽114571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
43 174
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
71 270
Employee

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

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

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

26 227
-
176 196
-
unemployment
197
-
557
-
pensions
3 672
-
10 406
-
income
3 615
-
43 174
-
health
1 351
-
3 828
-
total
8 835
-
57 965
-
Employer

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

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

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

26 227
-
176 196
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
unemployment
197
-
557
-
total
4 695
-
13 304
-
Corporate
158 578
189 500
-
-
income
23 787
28 425
-
-
total
23 787
28 425
-
-
Dividends
134 791
161 075
-
-
withholding
20 219
24 161
-
-
total
20 219
24 161
-
-
Income
189 500
189 500
189 500
189 500
Total tax
57 536
52 586
71 269
71 270
After tax
131 964
136 914
118 231
118 230
Living cost
17 393
17 393
17 393
17 393
Free-cash
114 571
119 521
100 838
100 837

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽80674
₽59213
₽73582
₽80313
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
22 954
surtax
-
-
-
-
social contributions

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

-
-
-
65 850
total
-
-
-
88 804
Employee
39 035
-
153 132
-
surtax
-
-
-
-
social contributions
4 294
-
16 845
-
income
7 627
-
49 960
-
total
11 921
-
66 805
-
Employer
39 035
-
153 132
-
social contributions
9 270
-
36 368
-
total
9 270
-
36 368
-
Corporate
141 195
189 500
-
-
income
29 650
39 794
-
-
surtax
-
-
-
-
total
29 650
39 794
-
-
Dividends
111 545
149 706
-
-
withholding
31 232
41 918
-
-
total
31 232
41 918
-
-
Income
189 500
189 500
189 500
189 500
Total tax
82 073
81 712
103 173
88 804
After tax
107 427
107 788
86 327
100 696
Living cost
27 114
27 114
27 114
27 114
Free-cash
80 313
80 674
59 213
73 582

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽90819
₽66642
₽70861
₽84237
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
55 325
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
83 293
Employee
48 573
-
159 781
-
other
48
-
94
-
unemployment
752
-
1 445
-
pensions
2 283
-
4 382
-
income
10 145
-
51 873
-
total
13 228
-
57 794
-
Employer
48 573
-
159 781
-
pensions
11 463
-
22 000
-
accident
962
-
1 846
-
unemployment
2 672
-
5 126
-
other
389
-
746
-
total
15 486
-
29 718
-
Corporate
125 441
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.

18 817
28 425
-
-
total
18 817
28 425
-
-
Dividends
106 624
161 075
-
-
withholding
22 386
34 910
-
-
total
22 386
34 910
-
-
Income
189 500
189 500
189 500
189 500
Total tax
69 917
63 335
87 512
83 293
After tax
119 583
126 165
101 988
106 207
Living cost
35 346
35 346
35 346
35 346
Free-cash
84 237
90 819
66 642
70 861

Estimated living cost  is ₽35346 per week

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

Source of data for Madrid model

Close
Sofia , Bulgaria
₽144697
₽141919
₽134357
₽138560
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 425
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
37 818
Employee
22 941
-
182 598
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
18 260
-
health
1 055
-
1 618
-
total
5 615
-
23 354
-
Employer
22 941
-
182 598
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
162 058
189 500
-
-
income
16 206
18 950
-
-
total
16 206
18 950
-
-
Dividends
145 852
170 550
-
-
withholding
7 293
8 528
-
-
total
7 293
8 528
-
-
Income
189 500
189 500
189 500
189 500
Total tax
33 615
27 478
30 256
37 818
After tax
155 885
162 022
159 244
151 682
Living cost
17 325
17 325
17 325
17 325
Free-cash
138 560
144 697
141 919
134 357

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽58677
₽80559
₽60076
₽71834
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
59 945
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.

-
-
-
3 296
health

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

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

-
-
-
6 871
trade
-
-
-
20 483
total
-
-
-
90 595
Employee

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

50 042
-
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.

227
-
3 296
-
income

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

4 115
-
59 945
-
health

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

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

6 871
-
6 871
-
total
11 213
-
70 112
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
139 458
189 500
-
-
income
20 918
28 425
-
-
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.

1 151
1 563
-
-
chamber of commerce
357
431
-
-
trade
20 012
27 194
-
-
total
42 438
57 613
-
-
Dividends
97 020
131 887
-
-
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.

1 313
1 792
-
-
withholding
23 873
32 589
-
-
total
25 186
34 381
-
-
Income
189 500
189 500
189 500
189 500
Total tax
78 837
91 994
70 112
90 595
After tax
110 663
97 506
119 388
98 905
Living cost
38 829
38 829
38 829
38 829
Free-cash
71 834
58 677
80 559
60 076

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽75358
₽41130
₽41130
₽77579
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
59 176
social contributions
-
-
-
31 902
total
-
-
-
91 078
Employee
78 672
-
189 500
-
income
14 845
-
59 176
-
social contributions
6 536
-
31 902
-
total
21 381
-
91 078
-
Employer
78 672
-
189 500
-
total
-
-
-
-
Corporate
110 828
189 500
-
-
income
13 853
23 688
-
-
total
13 853
23 688
-
-
Dividends
96 976
165 812
-
-
withholding
19 395
33 162
-
-
total
19 395
33 162
-
-
Income
189 500
189 500
189 500
189 500
Total tax
54 629
56 850
91 078
91 078
After tax
134 871
132 650
98 422
98 422
Living cost
57 292
57 292
57 292
57 292
Free-cash
77 579
75 358
41 130
41 130

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽81351
₽97477
₽118285
₽84867
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
6 077
total
-
-
-
34 706
Employee
46 138
-
184 874
-
income
5 006
-
46 262
-
social contributions
4 623
-
4 626
-
total
9 629
-
50 888
-
Employer
46 138
-
184 874
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
138 740
189 500
-
-
income
48 558
66 326
-
-
total
48 558
66 326
-
-
Dividends
90 181
123 174
-
-
social contributions
5 314
5 314
-
-
total
5 314
5 314
-
-
Income
189 500
189 500
189 500
189 500
Total tax
68 124
71 640
55 514
34 706
After tax
121 376
117 860
133 986
154 794
Living cost
36 509
36 509
36 509
36 509
Free-cash
84 867
81 351
97 477
118 285

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽85464
₽70447
₽87521
₽91385
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 583
pensions
-
-
-
9 263
total
-
-
-
64 846
Employee
50 971
-
165 414
-
pensions
3 890
-
11 295
-
income
9 282
-
44 196
-
health
665
-
2 345
-
total
13 837
-
57 836
-
Employer
50 971
-
165 414
-
health
969
-
3 142
-
pensions
5 150
-
20 942
-
total
6 119
-
24 084
-
Corporate
132 411
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.

25 158
36 006
-
-
total
25 158
36 006
-
-
Dividends
107 253
153 494
-
-
withholding
15 868
30 897
-
-
total
15 868
30 897
-
-
Income
189 500
189 500
189 500
189 500
Total tax
60 982
66 903
81 920
64 846
After tax
128 518
122 597
107 580
124 654
Living cost
37 133
37 133
37 133
37 133
Free-cash
91 385
85 464
70 447
87 521

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽8906
₽79034
₽105252
₽11629
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
52 902
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
59 993
Employee
38 154
-
171 228
-
pensions
4 296
-
7 768
-
income
5 234
-
40 565
-
health
4 368
-
19 606
-
total
13 898
-
67 939
-
Employer
38 154
-
171 228
-
pensions
6 204
-
11 218
-
accident
637
-
2 859
-
unemployment
935
-
4 195
-
total
7 776
-
18 272
-
Corporate
143 571
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.

129 214
170 550
-
-
total
129 214
170 550
-
-
Dividends
14 357
18 950
-
-
withholding
2 728
3 601
-
-
total
2 728
3 601
-
-
Income
189 500
189 500
189 500
189 500
Total tax
153 616
174 151
86 211
59 993
After tax
35 884
15 349
103 289
129 507
Living cost
24 255
24 255
24 255
24 255
Free-cash
11 629
-8 906
79 034
105 252

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽131378
₽122360
₽100239
₽141168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 430
unemployment
-
-
-
1 931
work injury
-
-
-
804
health insurance
-
-
-
11 905
pensions
-
-
-
29 602
total
-
-
-
75 672
Employee

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

21 742
-
189 500
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
31 430
-
total
8 153
-
53 551
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
167 758
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%.

1 678
18 950
-
-
total
1 678
18 950
-
-
Dividends
166 081
170 550
-
-
withholding
24 912
25 583
-
-
total
24 912
25 583
-
-
Income
189 500
189 500
189 500
189 500
Total tax
34 743
44 533
53 551
75 672
After tax
154 757
144 967
135 949
113 828
Living cost
13 589
13 589
13 589
13 589
Free-cash
141 168
131 378
122 360
100 239

Estimated living cost  is ₽13589 per week

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

Source of data for Skopje model

Close
Rome , Italy
₽59748
₽39216
₽47533
₽55174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 740
regional
-
-
-
4 354
municipal
-
-
-
1 267
national
-
-
-
47 539
total
-
-
-
101 900
Employee
84 751
-
189 500
-
municipal
506
-
1 130
-
national
14 322
-
41 323
-
regional
1 280
-
3 864
-
social contributions
28 577
-
63 900
-
total
44 685
-
110 217
-
Employer
84 751
-
189 500
-
total
-
-
-
-
Corporate
104 749
189 500
-
-
municipal
5 048
9 135
-
-
nationa
25 140
45 480
-
-
total
30 188
54 615
-
-
Dividends
74 561
134 886
-
-
withholding
19 386
35 070
-
-
total
19 386
35 070
-
-
Income
189 500
189 500
189 500
189 500
Total tax
94 259
89 685
110 217
101 900
After tax
95 241
99 815
79 283
87 600
Living cost
40 067
40 067
40 067
40 067
Free-cash
55 174
59 748
39 216
47 533

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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